Authentic Heroes Inc. and AI Arts LLC
Create Joint Venture for AI NFTs and Interactive Metaverse
Somerville, NJ --
February 11, 2022 -- InvestorsHub NewsWire -- Global Fiber
Technologies, Inc., (OTC:
GFTX) through its Authentic Heroes, Inc., subsidiary has signed
a joint venture agreement with AI Arts, LLC to enhance its NFT,
blockchain, minting, AI Arts, and AI NFT/music blending and
augmenting capabilities and entrée into the Metaverse.
Global's President stated: "Our relationship with AI Arts will
allow us to utilize the expertise of its principal founder Mr.
Daniel Thurber and his talented and creative team.
Daniel was at the forefront of the VR
world going back to 2015. He has won 2 CES Innovation Awards for
his innovative ideas which included eliminating VR sickness and
co-invented the first metaverse virtuality fitness system. He has
partnered with companies like Intel and the virtual reality company
associated with Robert Stromberg and Steven Spielberg to bring you
some of the VR experiences that you know and love today.
He is absolutely one
of the pioneers in the VR world and is now going to be blazing
trails in the AI world with us. His group will keep Authentic at
the forefront of AI produced media and he and his team will be
pushing the boundaries of what is possible with the combination of
AI art and music.
Imagine hosting a
concert in the Metaverse with musical artists from the Maestro
Music Catalogue or a contemporary artist where you can not only
watch the concert but also buy merchandise and music LPs from the
artist giving the concert in our Metaverse store.
We have several
creative and unique projects in the works to spark the imaginations
of AI driven music videos with our music NFT projects and many more
creative projects to come. Be prepared to be wowed!
Daniel Thurber "AI
Arts founder stated "I am truly looking forward to a long
prosperous relationship with Authentic Heroes. Through Authentic
Heroes we have access to a very large library of music and a
venerable platform that includes key relationships at talent
management companies ranging from Universal Music to Endeavour IMG.
This will give us the ability to license A List talent for both
merchandise and NFT projects". Marrying the digital world with the
physical world through the upcoming Authentic Heroes platform will
separate us from the rest of the pack"
Chris Giordano further
stated: "In the past they have spoken about marrying rare Art NFTs
with their physical twin. Well our platform makes it a reality. We
can now bring to the masses the ability to own a slice of an icons
history in both the digital and physical worlds by being able to
take a $100,000 ensemble from an A lister typically sold at auction
and make it into 1000's of collectibles matched with a series of
rare NFTs created through our joint venture with AI Arts.
Democratizing the collectibles business is what we are in the
process of doing.
This is such a
strategic moment for Authentic Heroes. We will now be able to
bridge the gap between the physical and digital worlds in a way
that cannot be duplicated. Utilizing our patented technology for
memorabilia and marrying it with a patent portfolio we are
developing with AI Arts for the digital world will be a paradigm
shift in the world of "bundling".
We look forward to
keeping our shareholders apprised as to our progress with AI Arts
and the other joint ventures that are progressing towards
Forward-Looking Statements: This release contains statements that
constitute forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. These statements
appear in a number of places in this release and include all
statements that are not statements of historical fact regarding the
intent, belief or current expectations of Global Fiber
Technologies, Inc., its directors or its officers with respect to,
among other things: (i) financing plans; (ii) trends affecting its
financial condition or results of operations; (iii) growth strategy
and operating strategy. The words "may," "would," "will," "expect,"
"estimate," "can," "believe," "potential" and similar expressions
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statements including those relating to the Company's financing
being adequate for the Company to place its products in retail
stores, execute its acquisition strategy, and to launch its growth
and expansion plans, among others, are not guarantees of future
performance and involve risks and uncertainties, many of which are
beyond Global Fiber Technologies, Inc.'s ability to control, and
actual results may differ materially from those projected in the
forward-looking statements as a result of various factors. No
information in this press release should be construed in any way
whatsoever as an indication of Global Fiber Technologies Inc.'s
future revenues, financial performance or stock price. More
information about the potential factors that could affect the
business and financial results is and will be included in Global
Fiber Technologies, Inc., filings with the Securities and Exchange
Commission at www.sec.gov.