Tokens com Corporation (QB) (XBOTF) News

NEWS -- Tokens.com to Rebrand as Realbotix



TORONTO, May 22, 2024--(BUSINESS WIRE)--Tokens.com Corp. (TSX-V: COIN | Frankfurt Stock Exchange: 76M | OTC: XBOTF) ("Tokens.com" or the "Company"), a leader in building realistic humanoid robots and companionship-based AI, has registered "Realbotix" as its business name and will propose a legal name change to Realbotix Corp. at its next annual general meeting ("AGM"), currently scheduled to be held on July 9, 2024.

In discussions with major shareholders comprising over 40% of the issued and outstanding shares, the management and board believe there to be widespread support for the rebrand and name change. Final approvals in connection with the name change will be sought at the AGM and in accordance with TSX Venture Exchange’s regulations.

In addition, the Company will change its Canadian ticker symbol on the TSX Venture Exchange to XBOT, effective May 24, 2024, pre-market open. The US ticker symbol on the OTCQB was changed to XBOTF on May 17, 2024. The Company's Frankfurt ticker symbol will remain 76M.

The name change to Realbotix was determined by management to more adequately reflect the Company's principal business operations and consolidate the brand under one banner. The Company will continue to manage its cryptocurrency inventory and expects to sell a portion or all of its cryptocurrency over time depending on the capital needs of the business and the market prices.

In preparation for such changes, the Company will be changing its corporate website to www.Realbotix.Ai. Further announcements regarding a new website launch are forthcoming. The Company will also use the www.Realbotix.com domain as its main customer site for the procurement and ordering of humanoid robots and integrated AI based services. Visitors to Tokens.com will be redirected to the new website once completed. In the meantime, regulatory filings will continue to be filed under Tokens.com Corp. on https://www.sedar.com until a final approval is tabled for a vote at the Company's AGM.

"Tokens.com has evolved through the years. Tokens.com reflects our roots in crypto, but now no longer adequately conveys our principal business operation," said Andrew Kiguel, CEO of Tokens.com. "With recent changes, our new name clearly identifies that we are in the business of creating relationship-based AI and realistic humanoid robots. Subject to approval by the shareholders at the AGM, the name change will also pave the way for the sale of the Tokens.com domain name, which we believe is one of the premier domain names in all of crypto. We are excited to continue to forge ahead in this new pathway and with a new identity which better reflects the Company’s recent evolution."

About Tokens.com

Tokens.com is a technology company focused on building ultra-realistic humanoid robotics and companionship-based AI. Tokens.com owns 100% of Simulacra Corp., 15.3% of StoryFire Inc., an inventory of cryptocurrencies and several crypto related domain names.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedarplus.ca. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240522164903/en/

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO
Email: mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Telephone: 647-578-7490

NEWS -- Tokens.com to Change TSX-V Ticker Symbol to XBOT



TORONTO, May 21, 2024--(BUSINESS WIRE)--Tokens.com Corp. (TSX-V: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: XBOTF) ("Tokens.com" or the "Company"), a technology company focused on building AI-integrated humanoid robots, will be changing its TSX Venture Exchange ticker symbol to XBOT, effective pre-market open on May 24, 2024.

The Company had previously announced a change to its OTCQB ticker to XBOTF, which became effective May 17, 2024. The Company's Frankfurt Exchange ticker symbol will remain unchanged as 76M.

"We are pleased to be changing our TSX-V ticker to XBOT to match our new OTC ticker, XBOTF. These tickers, along with our upcoming rebrand, will more accurately reflect our main business operations," said Andrew Kiguel, CEO of Tokens.com.

In addition, the Company has registered "Realbotix" as its business name and will propose a legal name change to Realbotix Corp. at its next annual general meeting ("AGM"), currently scheduled for July 9, 2024. In discussions with major shareholders comprising over 40% of the issued and outstanding shares, management and the board believe there is widespread support for the name change. Final approvals in connection with the name change will be sought at the AGM and in accordance with TSX Venture Exchange regulations.

The ticker symbol changes and the corporate name change to Realbotix were determined by management to more adequately reflect the Company's principal business operations and consolidate the brand under one banner.

About Tokens.com

Tokens.com is a technology company focused on building ultra-realistic humanoid robotics and companionship based AI. Tokens.com owns 100% of Simulacra Corp., 15.3% of StoryFire Inc., an inventory of cryptocurrencies and several crypto related domain names.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedarplus.ca. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240521725963/en/

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO
Email: mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Telephone: 647-578-7490

SMURF changed to XBOTF:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

NEWS -- Tokens.com to Change OTC Ticker Symbol to XBOTF



TORONTO, May 16, 2024--(BUSINESS WIRE)--Tokens.com Corp. (TSX-V: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB: XBOTF) ("Tokens.com" or the "Company"), a technology company focused on building AI-integrated humanoid robots, will be changing its US ticker symbol on the OTCQB Exchange to XBOTF effective pre-market open on May 17, 2024.

As part of this rebrand, the Company will be changing its Canadian ticker symbol on the TSX Venture Exchange to XBOT, effective May 24, 2024. The Company's Frankfurt ticker symbol will remain 76M.

In addition, the Company has registered "Realbotix" as its business name and will propose a legal name change to Realbotix Corp. at its next annual general meeting ("AGM"), currently scheduled to be held on July 9, 2024. In discussions with major shareholders comprising over 40% of the issued and outstanding shares, the management and board believe there to be widespread support for the name change.

About Tokens.com

Tokens.com is a technology company focused on building ultra-realistic humanoid robotics and companionship based AI. Tokens.com owns 100% of Simulacra Corp., 15.3% of StoryFire Inc., an inventory of cryptocurrencies and several crypto related domain names.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedarplus.ca. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240516865397/en/

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO
Email: mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Telephone: 647-578-7490

NEWS -- Tokens.com Secures $1 Million Robot Supply Contract



TORONTO, May 14, 2024--(BUSINESS WIRE)--Tokens.com Corp. (TSX-V: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a technology company focused on building AI-integrated humanoid robots, is pleased to announce that its wholly-owned subsidiary, Realbotix, a leader in AI enabled robotics and animatronics, has signed a contract on April 30th, to supply a myriad of robotic characters for a new amusement park located on the West Coast of the United States with a minimum order size of $1 million.

Realbotix will provide both moving and static characters, spanning across eight captivating scenes within the theme park. These lifelike robots will serve as the heart and soul of the park, captivating visitors with their realism and engaging performances. The robots will be built using Realbotix’s proprietary modular robotic design system.

Realbotix will additionally provide design consultation for the amusement park. The project, with a starting budget of $1 million, is slated to unfold over the course of 12 to 18 months, with an emphasis on quality, innovation, and attention to detail. Realbotix is committed to pushing the boundaries of possibility, ensuring that each robotic character exceeds expectations and contributes to an unforgettable theme park experience.

"Realbotix’s goal is to revolutionize the landscape of entertainment through next-generation humanoid robotics that can interact with humans in realistic ways," said Matt McMullen, President of Tokens.com "We are excited to bring these visionary characters to life and are thrilled to embark on this groundbreaking venture with our partners".

Tokens.com is one of the only public companies that integrates the use of AI and robotics designed specifically for entertainment, education, and healthcare. To learn more visit https://www.tokens.com

About Tokens.com

Tokens.com is a technology company focused on building ultra-realistic humanoid robotics and companionship based AI. Tokens.com owns 100% of Simulacra Corp., 15.3% of StoryFire Inc., an inventory of cryptocurrencies and several crypto related domain names.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedarplus.ca. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240514378646/en/

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO
Email: mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Telephone: 647-578-7490

NEWS -- Tokens.com Reports Financial Results for Q2 2024



TORONTO, May 09, 2024--(BUSINESS WIRE)--Tokens.com Corp. (TSX-V: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a technology company focused on building AI-integrated humanoid robots, is pleased to report its financial results for three and six months ended March 31, 2023 ("Q2-2024"). All dollar figures are in United States dollars ("USD"), unless otherwise stated.

Q2-2024 Financial and Operating Highlights

Revenue of $286k and $505k, respectively, for the three and six months ended March 31, 2024, compared to revenue of $303k and $455k, respectively, for the three and six months ended March 31, 2023 ("Q2-2023");$4.0 million and $6.6 million, gain on revaluation of digital assets - cryptocurrencies for the three and six months ended March 31, 2024;117% increase in the value of digital assets - cryptocurrencies to $12.6 million, since the end of September 2023;Net income of $3.8 million and $5.9 million for the three and six months ended March 31, 2024;Basic and diluted earnings per share of $0.03 and $0.05, respectively, for the three and six months ended March 31, 2024;55% reduction of operating expenses compared to the same quarter the prior year to $480k from $1.1 million; and25% reduction of operating expenses compared to the same 6-month period the prior year, from $1.8 million to $1.3 million.Conclusion of Strategic Review

On April 18th, 2024, Tokens.com’s management and board concluded its strategic review. Highlights include:

The Company’s key domain, Tokens.com, was placed for sale in January 2024 with an ask price of $8 million;The disposition of the assets of Metaverse Group and Hulk Labs to StoryFire Inc., on March 1, 2024, in exchange for a 15.3% equity interest in StoryFire Inc., and $500,000 in StoryFire Blaze tokens (priced at March 1);A move from the CBOE Exchange to the TSX Venture Exchange, effective on March 28, 2024; andThe acquisition of Simulacra Corporation ("Simulacra") on April 8, 2024. Simulacra operates three subsidiaries focused on the integration of AI and high quality, humanoid robots."In 2024, Tokens.com underwent substantial changes in the interest of enhancing shareholder value. Our focus going forward will be to grow our presence in the AI-enabled humanoid robot market. Our crypto inventory will be retained as required - thus far, we have not sold any of our crypto in 2024," said Andrew Kiguel, CEO of Tokens.com. "We are excited about the changes and are planning a rebrand and relaunch strategy to better reflect what we do in the coming weeks. Our goal is to get in front of as many investors as possible once in the coming months," added Kiguel.

A complete financial reporting package, including the Unaudited Condensed Consolidated Interim Financial Statements and Management’s Discussion & Analysis, is available on our corporate website (https://www.tokens.com), and the SEDAR+ website (https://www.sedarplus.ca).

An investor call has been scheduled to discuss the Company’s Q2-2024 financial results, hosted by CEO Andrew Kiguel, starting at 4:00 pm ET on May 9, 2024.

Conference Call Details:
Date: May 9th, 2024
Time: 4:00 pm ET
Zoom Webinar Registration:
https://us06web.zoom.us/webinar/register/WN__H9ESWIYQUSUbhOVTir7sQ

To join the webinar, register using the link provided above. Upon registration a Zoom link will be emailed to the registered email address. The webinar will be available via computer, tablet, and smartphone devices. In addition, a dial-in phone number will be provided in the email upon registration. Callers dialing in using a telephone will automatically be placed in a listen only mode. The question period will not be available to dial-in callers.

About Tokens.com

Tokens.com is a technology company focused on building ultra-realistic humanoid robotics and companionship based AI. Tokens.com owns 100% of Simulacra Corp., 15.3% of StoryFire Inc., an inventory of cryptocurrencies and several crypto related domain names.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedarplus.ca. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240509724814/en/

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO
Email: mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com

NEWS -- Tokens.com to Release its Financial Results for Q2-2024 on May 9, 2024



TORONTO, May 06, 2024--(BUSINESS WIRE)--Tokens.com Corp. ("Tokens.com" or the "Company") (TSX-V: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF), a technology investment company focused on humanoid robotics and relationship-based AI, is pleased to share that it will release its financial results for the three and six months ended March 31, 2024 ("Q2-2024") on May 9, 2024.

An investor webinar hosted by CEO Andrew Kiguel on Zoom has been scheduled to discuss the Company’s Q2 2024 financial results starting at 4:00 pm ET on May 9th, 2024.

Date: May 9th, 2024
Time: 4:00 p.m. ET
Zoom Webinar Registration:
https://us06web.zoom.us/webinar/register/WN__H9ESWIYQUSUbhOVTir7sQ

To join the webinar, register using the link provided above. Upon registration a Zoom link will be emailed to the registered email address. The webinar will be available via computer, tablet, and smartphone devices. In addition, a dial-in phone number will be provided in the email upon registration. Callers dialing in using a telephone will automatically be placed in a listen only mode. The question period will not be available to dial-in callers.

About Tokens.com

Tokens.com is a technology company focused on building ultra-realistic humanoid robotics and companionship based AI. Tokens.com also owns 15.3% of StoryFire Inc., an inventory of cryptocurrencies and a collection of top ranked crypto related domain names.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, Facebook, Instagram and YouTube.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "shall", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements in this news release include statements relating to the expected closing date of the Transaction and the projected impact of the acquisition of Simulacra on the Company’s business, financial conditions and results.

Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedarplus.ca. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. Important factors that could cause actual results and financial conditions to differ materially from those indicated in the forward-looking statements include, among others: (a) the risk that the closing conditions for completion of the Transaction, including TSXV approval, are not satisfied; (b) risks relating to general economic, market and business conditions; and (c) unforeseen delays in the timelines for any of the transactions or events described in this press release.

We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933 (the "US Securities Act") or any states securities laws and may not be offered or sold within the United states or to US Persons (as defined in Regulation S under the US Securities Act) unless registered under the US Securities Act and applicable state securities laws or an exemption from such registration is available.

Neither TSXV nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240506953460/en/

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO
Email: mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Telephone: 647-578-7490

NEWS -- StoryFire, a Tokens.com Investment Company, Launches Token



TORONTO, May 01, 2024--(BUSINESS WIRE)--Tokens.com Corp. ("Tokens.com" or the "Company") (TSX-V: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF), a technology investment company, is pleased to announce that StoryFire Inc, 15.3% owned by Tokens.com, has successfully launched its BLAZE cryptocurrency token.

StoryFire successfully launched its BLAZE token on April 25th. The Blaze token is listed and trades on several exchanges including PancakeSwap and MEXC.

The BLAZE token has seen a strong initial response in the market, trading up over 55% from the initial listing price. As part of Tokens.com's sale of Metaverse Group (MVG) and Hulk Labs to StoryFire in March 2024, Tokens.com was provided US$500,000 of BLAZE tokens that hold a current value of approximately US$1.5 million. More information on the BLAZE token can be found here.

"As Tokens.com expands into the AI and robotics sectors, we are pleased to see our legacy investments succeeding. We congratulate our partners at StoryFire on the successful launch of their Blaze token. We support their endeavors and are excited to see the growth happening quickly on our investment in their business," said Andrew Kiguel, CEO of Tokens.com.

About Tokens.com

Tokens.com is a technology company focused on building ultra-realistic humanoid robotics and companionship based AI. Tokens.com also owns 15.3% of StoryFire Inc., an inventory of cryptocurrencies and a collection of top ranked crypto related domain names.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, Facebook, Instagram and YouTube.

About StoryFire

StoryFire is a private online social entertainment and gaming platform that empowers users to create and engage with immersive narratives. With a rapidly growing user base of 2.5 million, StoryFire offers a vibrant and creative community for storytellers and enthusiasts. StoryFire users create social posts akin to Twitter, gain a following and earn an in-app currency known as Blaze. StoryFire is a privately owned entity.

For more information visit https://storyfire.com/.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "shall", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements in this news release include statements relating to the expected closing date of the Transaction and the projected impact of the acquisition of Simulacra on the Company’s business, financial conditions and results.

Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedarplus.ca. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. Important factors that could cause actual results and financial conditions to differ materially from those indicated in the forward-looking statements include, among others: (a) the risk that the closing conditions for completion of the Transaction, including TSXV approval, are not satisfied; (b) risks relating to general economic, market and business conditions; and (c) unforeseen delays in the timelines for any of the transactions or events described in this press release.

We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933 (the "US Securities Act") or any states securities laws and may not be offered or sold within the United states or to US Persons (as defined in Regulation S under the US Securities Act) unless registered under the US Securities Act and applicable state securities laws or an exemption from such registration is available.

Neither TSXV nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240501312733/en/

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO
Email: mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Telephone: 647-578-7490

NEWS -- Tokens.com Closes Acquisition of Simulacra Corporation



TORONTO, April 18, 2024--(BUSINESS WIRE)--Tokens.com Corp. ("Tokens.com" or the "Company") (TSX-V: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF), a technology investment company, has successfully closed its acquisition of all the issued and outstanding shares of Simulacra Corporation ("Simulacra").

Simulacra owns and operates three subsidiaries focused on the integration of artificial intelligence ("AI") and high quality, humanoid robots that improve the human experience through connection, learning and play. All amounts herein are expressed in U.S. dollars, unless otherwise stated.

Since 1997, Simulacra has been producing realistic silicone humanoid figures. In the last four years, Simulacra has generated revenues of $15.6 million (CAD$21.1 million) and Gross Profit of $12.1 million (CAD$16.3 million). The Transaction (as defined below) is expected to be revenue accretive to Tokens.com shareholders. More information on Simulacra can be found on their website here and an investor deck can be found here.

Utilizing its intellectual property and design expertise, Simulacra is positioned to expand beyond its current sectors of entertainment and marketing into other markets that benefit from high quality, natural looking, humanoid robots, and personalized AI systems, such as healthcare (elderly care, mental health) and education. Through their customized AI and realistic robots, Simulacra is positioned to be a leader in the newly emerging AI companionship market.

On the completion of the Transaction, Matt McMullen, the founder and CEO of Simulacra, will join Tokens.com as President and as a director. Mr. McMullen and Shrike Holdings Inc., another Simulacra shareholder, will also become new Insiders (as defined in policies of the TSX Venture Exchange (the "TSXV") of the Company.

"The completion of this Transaction marks another milestone in our journey at Tokens.com," said Andrew Kiguel, CEO of Tokens.com. "This acquisition diversifies our assets and business base. Going forward, we will be less reliant on the performance of crypto prices. This aligns with our vision of providing shareholders exposure to disruptive technologies that are defining the future and propelling us forward into new realms of innovation and possibility".

Transaction Consideration and Other Details

Tokens.com will issue 75 million common shares to Simulacra shareholders in consideration for the acquisition (the "Transaction"). This will equate to approximately 38% of outstanding common shares of Tokens.com on the completion of the transaction. The common shares issued to Simulacra shareholders will be escrowed for 12 months and then gradually released between months 12 to 24 following the closing date. Tokens.com will also grant an aggregate of 7,500,000 stock options in exchange for the cancellation of 567,101 stock options of Simulacra. The Tokens.com stock options will be granted at an exercise price of $0.15 per stock option and will expire on the 10th anniversary of the closing date of the Transaction.

In addition, Simulacra shareholders will have the opportunity to earn an additional 10 million Tokens.com shares if they achieve revenue targets of $8 million within any 12 month period during the first 24 months following the completion of the Transaction and an additional 10 million Tokens.com shares if they achieve revenues of $10 million with any 12 month period between months 24 and 48 following the closing date.

Subsequent to the closing of the Transaction, it is expected that Tokens.com will have a total of 195,995,592 common shares outstanding and 1,469,950 in-the-money options outstanding. The Company also has 1,902,540 deferred stock units (held 100% by directors on the board) and 9,777,289 warrants outstanding with an exercise price of CAD$1.15 that expire in November 2024.

Each of Simulacra and its shareholders are arm’s length parties to the Company. No broker, agent or finder’s fee is payable in connection with the Transaction.

Simulacra Subsidiaries

(i) Realbotix

Realbotix builds customized ultra-realistic robots that are AI-enabled. These robots look, talk, and move like humans. Invented for use in entertainment, companionship, healthcare, and education markets. For an example of Realbotix’s products, please see the link here.

(ii) Anthropomorphic Figure Dynamics ("AFD")

AFD is a unique division that caters to government and healthcare projects that require highly realistic humanoids. This would include previous contracts with the US military and John Hopkins hospital.

(iii) Abyss Creations

Abyss Creations builds companionship-based humanoid figures that have the ability to be integrated with AI features.

About Tokens.com

Tokens.com is a technology company focused on building ultra-realistic humanoid robotics and companionship based AI. Tokens.com also owns 15.3% of StoryFire Inc., an inventory of cryptocurrencies and a collection of top ranked crypto related domain names.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, Facebook, Instagram and YouTube.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "shall", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements in this news release include statements relating to the expected closing date of the Transaction and the projected impact of the acquisition of Simulacra on the Company’s business, financial conditions and results.

Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedarplus.ca. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. Important factors that could cause actual results and financial conditions to differ materially from those indicated in the forward-looking statements include, among others: (a) the risk that the closing conditions for completion of the Transaction, including TSXV approval, are not satisfied; (b) risks relating to general economic, market and business conditions; and (c) unforeseen delays in the timelines for any of the transactions or events described in this press release.

We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933 (the "US Securities Act") or any states securities laws and may not be offered or sold within the United states or to US Persons (as defined in Regulation S under the US Securities Act) unless registered under the US Securities Act and applicable state securities laws or an exemption from such registration is available.

Neither TSXV nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240418830174/en/

Contacts

Tokens.com Corp.
Andrew Kiguel, CEO
Email: mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Telephone: 647-578-7490

NEWS -- Tokens.com to Acquire AI and Robotics Business



TORONTO, April 04, 2024--(BUSINESS WIRE)--Tokens.com Corp. ("Tokens.com" or the "Company") (TSX-V: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF), a technology investment company, has entered into a share purchase agreement dated April 4, 2024 (the "Share Purchase Agreement") to acquire all of the issued and outstanding shares of Simulacra Corporation ("Simulacra" or the "Target"), a Nevada-based technology company. Simulacra owns and operates three subsidiaries focused on the integration of artificial intelligence ("AI") and high quality, humanoid robots that improve the human experience through connection, learning and play. It is expected that the transaction will close on or about April 16, 2024. All amounts herein are expressed in U.S. dollars, unless otherwise stated.

Since 1997, Simulacra has been producing realistic silicone humanoid figures. In the last four years, Simulacra has generated revenues of $15.6 million (CAD$21.1 million) and Gross Profit of $12.1 million (CAD$16.3 million). The transaction is expected to be revenue accretive to Tokens.com shareholders. More information on Simulacra can be found on their website here and an investor deck can be found here.

Utilizing its intellectual property and design expertise, Simulacra is positioned to expand beyond its current sectors of entertainment and marketing into other markets that benefit from high quality, natural looking, humanoid robots, and personalized AI systems, such as healthcare (elderly care, mental health) and education. Through their customized AI and realistic robots, Simulacra is positioned to be a leader in the newly emerging AI companionship market.

"At Tokens.com, we have been at the forefront of Web3 and blockchain technologies over the last few years. Our move into AI and robotics is a natural extension of our scope. We are excited to enter this sector with industry leaders in the AI / robotics space," said Andrew Kiguel, CEO of Tokens.com.

On the completion of the transaction, Matt McMullen, the founder and CEO of Simulacra, will join Tokens.com as President and as a director. Mr. McMullen and Shrike Holdings Inc., another Simulacra shareholder, will also become new Insiders (as defined in policies of the TSX Venture Exchange (the "TSXV")) of the Company.

"We are on the cusp of a very exciting time, as humans and technology create new ways of interacting and connecting through AI and robotics," said Mr. McMullen. "As we explore this new frontier, we are eager to share these opportunities in the public markets. This transaction with Tokens.com will greatly accelerate our strategic growth and market penetration."

"While other tech companies are building robots to replace human workers in warehouses, Simulacra’s robotics serve the more immediate use case for AI and robotics: human connection, learning and play," said Mr. Kiguel. "While most AI tools available today are filtered for content and viewpoints, Simulacra’s AI technology enables humans and robots to foster genuine connection through unfiltered, human-like conversation. We see our robots used in homes, hospitals, and even in the c-suite. We even intend on using AI to assist in board governance."

Subsequent to the completion of this transaction, Tokens.com will provide investors with exposure to: (a) blockchain, via its cryptocurrency inventory; (b) social media, Web3 gaming and the metaverse, via its 15.3% ownership interest in StoryFire; and (c) AI and Robotics, via its 100% ownership of Simulacra.

"At Tokens.com, we invest in technologies that disrupt the norm and define the future. We have broken ground in the past through investments in metaverse real estate and crypto assets such as crypto-punks and Shiba-Inu. Our goal is to continue to tap into growth via unconventional opportunities that would be overlooked by other technology companies," said Kiguel.

Transaction Consideration and Other Details

Tokens.com will issue 75 million common shares to Simulacra shareholders in consideration for the acquisition. This will equate to approximately 38% of outstanding common shares of Tokens.com on the completion of the transaction. The common shares issued to Simulacra shareholders will be escrowed for 12 months and then gradually released between months 12 to 24 following the closing date. Tokens.com will also grant an aggregate of 7,500,000 stock options in exchange for the cancellation of 567,101 stock options of Simulacra.

In addition, Simulacra shareholders will have the opportunity to earn an additional 10 million Tokens.com shares if they achieve revenue targets of $8 million within any 12 month period during the first 24 months following the completion of the transaction and an additional 10 million Tokens.com shares if they achieve revenues of $10 million with any 12 month period between months 24 and 48 following the closing date.

Subsequent to the closing of the transaction, it is expected that Tokens.com will have a total of 195,995,592 common shares outstanding and 1,469,950 in-the-money options outstanding. The Company also has 1,902,540 deferred stock units (held 100% by directors on the board) and 9,777,289 warrants outstanding with an exercise price of CAD$1.15 that expire in November 2024.

The transaction is subject to customary closing conditions, including approval from the TSXV. Each of Simulacra and its shareholders are arm’s length parties to the Company. No broker, agent or finder’s fee is payable in connection with the transaction.

Simulacra Subsidiaries

(i) Realbotix

Realbotix builds customized ultra-realistic robots that are AI-enabled. These robots look, talk, and move like humans. Invented for use in entertainment, companionship, healthcare, and education markets. For an example of Realbotix’s products, please see the link here to meet Aria, one of Realbotix’s active robots.

(ii) Anthropomorphic Figure Dynamics ("AFD")

AFD is a unique division that caters to government and healthcare projects that require highly realistic humanoids. This would include previous contracts with the US military and John Hopkins hospital.

(iii) Abyss Creations

Abyss Creations builds companionship-based humanoid figures that have the ability to be integrated with AI features. Abyss is the creator of award-winning, realistic humanoid dolls.

Completion of Strategic Review

Subsequent to the completion of this transaction, Tokens.com will have completed its strategic review (which was announced in November 2023). Highlights of the changes made since announcing the strategic review include: (1) the disposition of non-profitable, early stage businesses in a manner that still provides shareholders with upside exposure to Web3 and metaverse growth; (2) a successful move to the TSXV to enhance liquidity and profile; (3) the contemplated expansion of the business into AI and Robotics, including the proposed revenue accretive acquisition of Simulacra and its subsidiaries; and (4) the listing for sale of the Company’s domain name, Tokens.com and certain other intellectual property, with a view to rebranding the organization in a manner that captures our evolving profile and business interests.

Humanoid Robotics Market

Simulacra is focused on the convergence of AI Software and Hardware to enable humanoid robotics. The robotics sector is estimated to exceed $24 trillion in revenue annually according to ARK Investment management. Goldman Sachs predicts the humanoid robot market is anticipated to be USD $13.8 billion by 2028 and US $38 billion by 2035. The growing use of technology in education is fueling the deployment of humanoid robots in schools and driving the market's growth for the education and entertainment application segment. By blending entertainment and functionality, humanoid robots are revolutionizing how we interact and engage with technology in various sectors.

Artificial Intelligence Market

According to MarketsandMarkets, the global AI market was valued at $150.2 billion in 2023 and is expected to grow at a CAGR of 36.8% from 2023 to 2030. AI is revolutionizing multiple industries, emerging as a key driver for the advancement of technologies such as big data analytics, robotics and the Internet of Things. The rise of AI tools highlight the sector's mainstream appeal. With its current trajectory, the AI industry is poised to be a powerful tool for technological innovation, propelling advancements in the near future.

Conference Call

A call will be held on April 8, 2024 at 4:00 p.m. EST with Andrew Kiguel and Matthew McMullen to discuss the transaction and to answer questions from investors and other interested parties.

Webinar information:
Date: April 8, 2024
Time: 4:00 pm ET
Zoom Registration: https://us06web.zoom.us/webinar/register/WN_Zg7g9iTPTja6PyiJ7ZvOcg

To join the webinar, register using the link provided above. Upon registration a Zoom link will be emailed to the registered email address. The webinar will be available via computer, tablet, and smartphone devices. In addition, a dial-in phone number will be provided in the email upon registration. Callers dialing in using a telephone will automatically be placed in a listen only mode. The question period will not be available to dial-in callers.

About Tokens.com

Tokens.com is a technology investment company that focuses on disruptive businesses that are defining the future. The Company’s assets provide shareholders with exposure to AI, Blockchain, Robotics and Web3. Tokens.com also owns an inventory of cryptocurrencies and a collection of top ranked crypto related domain names.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, Facebook, Instagram and YouTube.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements in this news release include statements relating to the expected closing date of the transaction and the projected impact of the acquisition on the Company’s business, financial conditions and results.

Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at https://www.sedarplus.ca. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. Important factors that could cause actual results and financial conditions to differ materially from those indicated in the forward-looking statements include, among others: (a) the risk that the closing conditions for completion of the transaction, including TSXV approval, are not satisfied; (b) risks relating to general economic, market and business conditions; and (c) unforeseen delays in the timelines for any of the transactions or events described in this press release.

We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933 (the "US Securities Act") or any states securities laws and may not be offered or sold within the United states or to US Persons (as defined in Regulation S under the US Securities Act) unless registered under the US Securities Act and applicable state securities laws or an exemption from such registration is available.

Neither TSXV nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240404204177/en/

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO
Email: mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Telephone: 647-578-7490

NEWS -- Tokens.com Provides Crypto Inventory Update



TORONTO, April 02, 2024--(BUSINESS WIRE)--Tokens.com Corp. ("Tokens.com" or the "Company") (TSX-V: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF), a technology investment company, is pleased to share an update on its cryptocurrency holdings.

Below is a table showing our current crypto ownership and corresponding value as of noon EST on April 1, 2024. All dollar figures are in United States dollars ("USD"), unless otherwise stated.



The company may strategically sell or buy more tokens in the future depending on our capital needs and market conditions. We note that a portion of our assets (denoted in the table above) are held with Genesis Global Trading that is undergoing a restructuring. As a result, some or all of those holdings may not be recovered. Management is confident that it will be able to recover the majority of its assets from Genesis based on recent disclosure in 2024 from Genesis.

In addition to its cryptocurrency inventory, the Company holds approximately $2.4 million (CAD$3.2 million) in cash, a portfolio of valuable crypto domain names, and a 15.3% interest in StoryFire Inc.

Stay up to date with the latest news by signing up to our newsletter at https://www.tokens.com.

About Tokens.com

Tokens.com is a technology investment company that owns an inventory of cryptocurrency and a collection of top ranked crypto related domain names.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, Facebook, Instagram and YouTube.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements in this news release include statements relating to the strategic review process and the work of the Committee; whether a strategic change, transaction or any outcome will result from or be consummated or implemented as a result of the strategic review process; and whether any transaction resulting from the strategic review process, if any, will ultimately enhance shareholder or stakeholder value in the long term.

Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240402629141/en/

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO
Email: mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Telephone: 647-578-7490

NEWS -- Tokens.com Announces Commencement of Trading on TSX Venture Exchange



TORONTO, March 28, 2024--(BUSINESS WIRE)--Tokens.com Corp. ("Tokens.com" or the "Company") (TSX-V: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF), a technology investment company, is pleased to announce that its common shares (the "Common Shares") and warrants (the "Warrants") will commence trading at the opening of markets today on the TSX Venture Exchange (the "TSXV").

Shareholders are not required to exchange their securities certificates or to take any other action in connection with such listing, as there will be no change to the trading symbol or CUSIP for the Common Shares and the Warrants. The Common Shares will continue to trade under the symbol "COIN" and the Warrants will continue to trade under the symbol "COIN.WT". The Common Shares will also continue to trade under the symbol "SMURF" on the OTCQB Markets in the United States and under the symbol "76M" on the Frankfurt Exchange.

About Tokens.com

Tokens.com is a technology investment company that owns an inventory of cryptocurrency and a collection of top ranked crypto related domain names.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, Facebook, Instagram and YouTube.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements in this news release include statements relating to the strategic review process and the work of the Committee; whether a strategic change, transaction or any outcome will result from or be consummated or implemented as a result of the strategic review process; and whether any transaction resulting from the strategic review process, if any, will ultimately enhance shareholder or stakeholder value in the long term.

Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240328975403/en/

Contacts

Tokens.com Corp.
Andrew Kiguel, CEO
mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
mailto://contact@tokens.com

NEWS -- Tokens.com Announces Conditional Approval to List on the TSX Venture Exchange



TORONTO, March 25, 2024--(BUSINESS WIRE)--Tokens.com Corp. ("Tokens.com" or the "Company") (Cboe Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF), a technology investment company, is pleased to announce that it has received conditional approval to list (the "Listing") its common shares (the "Common Shares") and warrants (the "Warrants") on the TSX Venture Exchange (the "TSXV"), subject to the satisfaction of certain customary listing requirements.

The Company intends to delist its Common Shares and Warrants from trading on Cboe Canada effective as of the close of trading on March 27, 2024. Subject to such delisting, the Common Shares and Warrants will commence trading on the TSXV as of the open of trading on March 28, 2024.

Shareholders are not required to exchange their securities certificates or to take any other action in connection with the Listing, as there will be no change to the trading symbol or CUSIP for the Common Shares and the Warrants. The Common Shares will continue to trade under the symbol "COIN" and the Warrants will continue to trade under the symbol "COIN.WT" upon the completion of the Listing on the TSXV. The Common Shares will also continue to trade under the symbol "SMURF" on the OTCQB Markets in the United States and under the symbol "76M" on the Frankfurt Exchange.

About Tokens.com

Tokens.com is a technology investment company that owns an inventory of cryptocurrency and a collection of top ranked crypto related domain names.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, Facebook, Instagram and YouTube.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements in this news release include statements relating to the strategic review process and the work of the Committee; whether a strategic change, transaction or any outcome will result from or be consummated or implemented as a result of the strategic review process; and whether any transaction resulting from the strategic review process, if any, will ultimately enhance shareholder or stakeholder value in the long term.

Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240325499294/en/

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO
Email: mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com

NEWS -- Tokens.com Completes Sale of Assets to StoryFire



TORONTO, March 04, 2024--(BUSINESS WIRE)--Tokens.com Corp. (Cboe Canada: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a technology holding company that owns an inventory of cryptocurrencies, is pleased to announce that it has successfully closed the sale of Metaverse Group and Hulk Labs to StoryFire as scheduled on March 1, 2024.

The final agreement was closed with consideration to Tokens.com for the disposition consisting of a 15.3% equity interest in StoryFire, valued at US$3.5 million, plus US$500,000 in Blaze tokens, the in-app currency native to StoryFire. In addition, Tokens.com will be represented by Andrew Kiguel on the board of StoryFire.

"We are pleased with the successful completion of this sale, and look forward to the continued disruptive innovation and impact our new partners at StoryFire will bring to the web3 space," said Andrew Kiguel, CEO of Tokens.com.

StoryFire is a private online social entertainment and gaming platform that empowers users to create and engage with immersive narratives. With a rapidly growing user base of 2.5 million, StoryFire offers a vibrant and creative community for storytellers and enthusiasts. StoryFire users create social posts akin to Twitter, gain a following and earn an in-app currency known as Blaze. StoryFire is a privately owned entity.

About Tokens.com

Tokens.com is a technology holding company that also owns an inventory of cryptocurrency and a collection of top ranked crypto related domain names.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, Facebook, Instagram and YouTube.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements in this news release include statements relating to the strategic review process and the work of the Committee; whether a strategic change, transaction or any outcome will result from or be consummated or implemented as a result of the strategic review process; and whether any transaction resulting from the strategic review process, if any, will ultimately enhance shareholder or stakeholder value in the long term.

Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240304232814/en/

Contacts

Tokens.com Corp.
Andrew Kiguel, CEO
Email: mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com

NEWS -- Tokens.com Provides Crypto Inventory Update



TORONTO, February 29, 2024--(BUSINESS WIRE)--Tokens.com Corp. (Cboe Canada: COIN | Frankfurt Stock Exchange: 76M | OTCQB: SMURF) ("Tokens.com" or the "Company"), a technology holding company that owns an inventory of cryptocurrencies, is pleased to share an update on its cryptocurrency holdings.

Below is a table showing our current crypto ownership and corresponding value as of noon EST on February 28, 2024. All dollar figures are in United States dollars ("USD"), unless otherwise stated.

In addition to its cryptocurrency inventory below, the Company holds approximately $2.5 million (CAD$3.5 million) in cash, a portfolio of valuable crypto domain names, and subsequent to a closing date of March 1, 2024, a 15.3% interest in StoryFire Inc.



*340 Ethereum are held by Genesis Global Trading.
**18,001 Solana are held by Genesis Global Trading.
*** Subject to closing the sale of certain assets to StoryFire Inc. on March 1st, 2024.
**** Based on basic common shares outstanding as at February 28, 2024 of 119,761,592.

The company may strategically sell or buy more tokens in the future depending on our capital needs and market conditions. We note that a portion of our assets (denoted in the table above) are held with Genesis Global Trading that is undergoing a restructuring. As a result, some or all of those holdings may not be recovered. Management is confident, however, that it will be able to recover the majority of its assets from Genesis based on recent disclosure by Genesis. In addition, claims held by those with deposits at Genesis, such as Tokens.com, are selling in the open market for over 90% of their implied value.

About Tokens.com

Tokens.com is a technology holding company that owns an inventory of cryptocurrency and a collection of top ranked crypto related domain names.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, Facebook, Instagram and YouTube.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements in this news release include statements relating to the strategic review process and the work of the Committee; whether a strategic change, transaction or any outcome will result from or be consummated or implemented as a result of the strategic review process; and whether any transaction resulting from the strategic review process, if any, will ultimately enhance shareholder or stakeholder value in the long term.

Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240229325527/en/

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO
Email: mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com

NEWS -- Tokens.com Management Team Acquires Common Shares in Open Market



TORONTO, February 28, 2024--(BUSINESS WIRE)--Tokens.com Corp. (Cboe Canada: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a technology holding company that owns an inventory of cryptocurrencies, is pleased to share that certain members of its senior management team have purchased an aggregate of 500,000 common shares on the open market, between February 22, 2024 and February 27, 2024.

Andrew Kiguel, CEO, acquired 300,000 common shares, bringing his total ownership of common shares to 15,965,000. Martin Bui, CFO, acquired 170,000 common shares, and Jennifer Karkula, Head of Communications, acquired 30,000 common shares.

"Management believes that the intrinsic value of the Tokens.com shares has been overlooked by the market. Management believes in the potential of our Company," said Andrew Kiguel, CEO of Tokens.com. "Our management team shares this conviction, evident in their decision to bolster their stake by purchasing additional common shares. We are excited by the near-term and long-term growth prospects of the Company."

In November 2023, Tokens.com commenced a strategic review, which, among other things, precipitated the recent sale by the Company of the assets comprising the Metaverse Group and Hulk Labs. The board of directors and the senior management team of the Company remain actively engaged in exploring several possible transactions with a view to propeling the business forward and enhancing shareholder value.

About Tokens.com

Tokens.com is a technology holding company that also owns an inventory of cryptocurrency and a collection of top ranked crypto related domain names.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, Facebook, Instagram and YouTube.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements in this news release include statements relating to the strategic review process and the work of the Committee; whether a strategic change, transaction or any outcome will result from or be consummated or implemented as a result of the strategic review process; and whether any transaction resulting from the strategic review process, if any, will ultimately enhance shareholder or stakeholder value in the long term.

Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240228353475/en/

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO
Email: mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com

NEWS -- Tokens.com Reports Financial Results for Q1 2024



TORONTO, February 14, 2024--(BUSINESS WIRE)--Tokens.com Corp. (Cboe Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a technology holding company that owns an inventory of cryptocurrencies, is pleased to report its financial results for three months ended December 31, 2023 ("Q1-2024"). All dollar figures are in United States dollars ("USD"), unless otherwise stated.

Q1-2024 Financial and Operating Highlights

The Company achieved revenue of $219k for Q1-2024, compared to $152k for the three months ended December 31, 2022 ("Q1-2023").Total cash and cryptocurrency holdings of $11.3 million, or CAD$15.0 million as of December 31, 2023.Staking revenue was $165k for Q1-2024, compared to $40k for Q1-2023, mostly due to increase in crypto prices during the quarter and the Company starting to receive transaction fees for its Ethereum staking.Services revenue of $54k for Q1-2024, compared to $108k for Q1-2023, due to lower revenue from Metaverse Group and Hulk Labs.Operating expenses were $856k the three months ended December 31, 2023, compared to $718k for the three months ended December 31, 2022.A non-cash gain on revaluation of digital assets of $2.6 million for Q1-2024, compared to a loss of $1.3 million for Q1-2023. Gain on disposal of digital assets was $94k for the three months ended December 31, 2023, compared to a loss of $102k during the three months ended December 31, 2022.Net income and comprehensive income for Q1-2024, attributable to the owners of Tokens.com, of $2.1 million, compared to net loss and comprehensive loss of $1.6 million, attributable to the owners of Tokens.com, for Q1-2023.Earnings per share of $0.02 for Q1-2024, compared to loss per share of $0.02, for Q1-2023.On November 8, 2023, the Company announced that it had commenced a strategic review, which includes potential acquisitions, sales of its domain names and its operating businesses and digital assets.On January 29, 2024, the Company entered into a definitive agreement to sell the assets of Metaverse Group and Hulk Labs to StoryFire Inc. ("StoryFire"), which is primarily a transfer of its workforce and contractors. All capital within these entities will remain at Tokens.com. The transaction is expected to close on March 1, 2024."Difficult decisions were made in December and January regarding Metaverse Group and Hulk Labs. Management determined that the most economical option for shareholders was to dispose of Metaverse Group and Hulk Labs ," said Andrew Kiguel, CEO of Tokens.com.

"These businesses were struggling and required further substantial investment to survive. Capital for those businesses would have needed to come from a dilutive financing or from selling our crypto inventory. A better solution was found by selling the assets to StoryFire. This transaction places the assets in the hands of a larger, well capitalized platform. Tokens.com retains the upside through our equity ownership in StoryFire and no longer has to carry the overhead associated with these operations. Management and the board are continuing to explore additional potential transactions to enhance shareholder value," added Kiguel.

A complete financial reporting package, including the Unaudited Condensed Consolidated Interim Financial Statements and Management’s Discussion & Analysis, is available on our corporate website (https://www.tokens.com), and the SEDAR website (https://www.sedar.com).

An investor call has been scheduled to discuss the Company’s Q1-2024 financial results, hosted by CEO Andrew Kiguel, starting at 10:00 am ET on February 14, 2024.

Conference Call Details:
Date: February 14, 2024
Time: 10:00 a.m. ET
Zoom Webinar Registration: https://us06web.zoom.us/webinar/register/WN_vrXDoDmhReeMAok3_w78uw

To join the webinar, register using the link provided above. Upon registration a Zoom link will be emailed to the registered email address. The webinar will be available via computer, tablet, and smartphone devices. In addition, a dial-in phone number will be provided in the email upon registration. Callers dialing in using a telephone will automatically be placed in a listen only mode. The question period will not be available to dial-in callers.

About Tokens.com

Tokens.com is a technology holding company that owns an inventory of cryptocurrency, digital real estate, and a collection of top ranked crypto related domain names.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240214003146/en/

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO
Email: mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com

NEWS -- Tokens.com Provides Crypto Inventory Update



TORONTO, February 13, 2024--(BUSINESS WIRE)--Tokens.com Corp. (Cboe Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a technology holding company that owns an inventory of cryptocurrencies, is pleased to share an update on its cryptocurrency holdings.

Below is a table showing our current crypto ownership and corresponding value as of noon EST on February 12, 2024. All dollar figures are in United States dollars ("USD"), unless otherwise stated.



The company may strategically sell or buy more tokens in the future depending on our capital needs and market conditions. We note that a portion of our assets (denoted in the table above) are held with Genesis Global Trading that is undergoing a restructuring. As a result, some or all of those holdings may not be recovered. Management is confident, however, that it will be able to recover the majority of its assets from Genesis based on recent disclosure in 2024.

In addition to its cryptocurrency inventory, the Company holds approximately $3 million (CAD$4 million) in cash, a portfolio of valuable crypto domain names, and subsequent to a closing date of March 1, 2024, a 15.3% interest in StoryFire Inc.

About Tokens.com

Tokens.com is a technology holding company that also owns an inventory of cryptocurrency, digital real estate, and a collection of top ranked crypto related domain names.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, Facebook, Instagram and YouTube.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements in this news release include statements relating to the strategic review process and the work of the Committee; whether a strategic change, transaction or any outcome will result from or be consummated or implemented as a result of the strategic review process; and whether any transaction resulting from the strategic review process, if any, will ultimately enhance shareholder or stakeholder value in the long term.

Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240213383930/en/

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO
Email: mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com

NEWS -- Tokens.com to Release its Q1-2024 Financial Statements on February 14, 2024



TORONTO, February 12, 2024--(BUSINESS WIRE)--Tokens.com Corp. (Cboe Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a web3 technology company that owns an inventory of cryptocurrencies, is pleased to share that it will release its Q1-2024 financial results for the three months ended December 31, 2023 ("Q1-2024") on February 14th, 2024.

An investor webinar hosted by CEO Andrew Kiguel on Zoom has been scheduled to discuss the Company’s Q1-2024 financial results starting at 10:00 am ET on February 14th, 2024.

Investor Webinar Details:
Date: February 14th, 2024.
Time: 10:00 a.m. ET
Zoom Webinar Registration: https://us06web.zoom.us/webinar/register/WN_vrXDoDmhReeMAok3_w78uw

To join the webinar, register using the link provided above. Upon registration a Zoom link will be emailed to the registered email address. The webinar will be available via computer, tablet, and smartphone devices. In addition, a dial-in phone number will be provided in the email upon registration. Callers dialing in using a telephone will automatically be placed in a listen only mode. The question period will not be available to dial-in callers.

About Tokens.com

Tokens.com is a web3 that also owns an inventory of cryptocurrency, digital real estate, and a collection of top ranked crypto related domain names.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, Facebook, Instagram and YouTube.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements in this news release include statements relating to the strategic review process and the work of the Committee; whether a strategic change, transaction or any outcome will result from or be consummated or implemented as a result of the strategic review process; and whether any transaction resulting from the strategic review process, if any, will ultimately enhance shareholder or stakeholder value in the long term.

Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240212508553/en/

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com

NEWS -- Tokens.com Reports Financial Results for Fiscal Year 2023



TORONTO, January 31, 2024--(BUSINESS WIRE)--Tokens.com Corp. (Cboe Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a web3 technology company that owns an inventory of cryptocurrencies, reports its financial results for the fiscal year ended September 30, 2023 ("FY2023"). All dollar figures are in United States dollars ("USD"), unless otherwise stated.

Strategic Review Update:

On November 8th, 2023, the Company announced that it had commenced a strategic review. The Company is also exploring acquisitions, sales of its domain names and the sale of its operating businesses and digital assets. As part of this strategic process to enhance shareholder value, on January 29, 2024, the Company entered into a definitive agreement to sell the assets of Metaverse Group and Hulk Labs to StoryFire Inc. ("StoryFire"), which is primarily a transfer of its workforce and contractors. All capital within Metaverse Group will remain at Tokens.com.

Tokens.com will receive a consideration of $4 million for the sale that consists of a 15.3% ownership of StoryFire and $500,000 of its native Blaze cryptocurrency token. The transaction is expected to close on March 1, 2024.

Metaverse Group and Hulk Labs revenue was not forecasted to exceed operating costs and reach profitability for several years. In addition, the funding required by these businesses would require Tokens.com to carry significant cash flow losses. To finance these operations, the Company would need to sell some or all of its cryptocurrency inventory or look to raise dilutive new equity capital. After careful review of all alternatives, management and the board made the decision to de-risk Tokens.com by selling the assets of Metaverse Group and Hulk Labs to a buyer that has a strategic fit and capital to bring the businesses to profitability faster. Tokens.com retains the upside in the combined businesses through our 15.3% equity participation. Tokens.com also is in a position to retain its cryptocurrencies without the requirement to fund the other businesses. Management believes the sale of the businesses results in a win-win scenario and has eliminated an estimated $1.5M of overhead annually. Removing the overhead associated with these assets gives the company additional flexibility in pursuing another acquisition or as an acquisition target as a leaner structure.

Subsequent to the closing of the StoryFire transaction on March 1st, 2024, Tokens.com’s key assets will be its cryptocurrency inventory, cash, a 15.3% ownership in StoryFire, as well as a portfolio of domain names. Operating overhead will be significantly lower, making operations more efficient.

2023 Highlights:
Year-end September 2023 cash balance of $3.5 million or CAD$4.7 million;Digital assets / cryptocurrency and NFTs balance of $6.0 million or CAD$8.0 million;Total year-end digital assets and cash of $9.5 million, or CAD$12.7 million; andCryptocurrency holding as of September 30, 2023 and January 30, 2024:



Total revenue for FY2023 of $740k, compared to the nine months ended September 30, 2022 ("FY2022") of $678k:Staking revenue for FY2023 of $268k, compared to $552k for FY2022, primarily due to lower yield overall and liquidation of previously staked tokens such as ROSE and ANKR.Metaverse consulting and lease revenue of $468k, compared to $121k for FY2022, primarily due to revenue recognition upon completion of projects signed in prior year.Operating expenses for FY2023 of $4.0 million, compared to FY2022 of $2.7 million. The increase was primarily due to:Increased professional fees paid to contractors during the majority of the fiscal year for expansion of the Metaverse Group and Hulk Labs teams, of $1.6 million for FY2023 compared to $807k for FY2022. This is partially offset by lower audit and legal fees incurred by the Company throughout the year.General and administrative fees increased to $1.0 million during FY2023, compared to $355k during FY2022.Investor relations and marketing fees reduced to $358k during FY2023 compared to $743k from FY2022, due to a pause of many non-essential capital market services throughout the year.Digital assets activities include:Loss on disposition of digital assets of $172k, compared to FY2022 loss of $1.7 million.Gain on revaluation of digital assets - cryptocurrency of $483k, compared to FY2022 loss of $17.6 million, of which, $3.5 million, net of tax of $1.1 million, is recorded to other comprehensive income.Loss on impairment of NFTs of $2.6 million, compared to FY2022 loss of $3.8 million.Reclassification of certain cryptocurrencies being held by Genesis Global Capital LLC ("Genesis") to a separate line item on the Statement of Financial Position. These cryptocurrencies were then written down to a fair value of $125k, which is the exact amount owed to Genesis by the Company, resulting in an impairment loss of $828k (September 30, 2022 - $nil).Operating loss of $5.5 million, compared to FY2022 loss of $19 million, primarily due to improvement of cryptocurrency prices compared to a significant price depreciation during FY2022.The Company also reviewed and performed impairment testing on certain intangible assets and investments at year end, and has determined the following:Impairment of goodwill related to the Metaverse Group acquisition of $1.1 million (September 30, 2022 - $nil), as the Company expected Metaverse Group to incur negative operating cash flows over the next few years.Impairment of intellectual property acquired from CocoNFT of $548k (September 30, 2022 - $nil) due to uncertainty of future cash flow generation via operation or a sale.Impairment of domain names of $1.6 million (September 30, 2022 - $nil) due to uncertainty of future cash flow generation.Net loss and comprehensive loss of $9.7 million, attributable to owners of Tokens.com, compared to FY2022 net loss of $3.8 million and comprehensive loss of $7.3 million.Net loss per share, attributable to owners of Tokens.com, of $0.09 per share, compared to loss of $0.04 during FY2022.

A complete financial reporting package, including the Audited Consolidated Financial Statements and Management’s Discussion & Analysis, is available on our corporate website (www.tokens.com), and the SEDAR+ website (https://www.sedarplus.ca).

An investor call has been scheduled to discuss the Company’s 2023 financial results, hosted by CEO Andrew Kiguel, starting at 5:00 pm ET on January 31st, 2024.

Conference Call Details:
Date: January 31, 2024
Time: 5:00 p.m. ET
Webinar link: https://us06web.zoom.us/webinar/register/WN_PQBaEAJJRMmzd7HKm-2CRg

To join the webinar, register using the link provided above. Upon registration a Zoom link will be emailed to the registered email address. The webinar will be available via computer, tablet, and smartphone devices. In addition, a dial-in phone number will be provided in the email upon registration. Callers dialing in using a telephone will automatically be placed in a listen only mode. The question period will not be available to dial-in callers.

About Tokens.com

Tokens.com is a web3 that also owns an inventory of cryptocurrency, digital real estate, and a collection of top ranked crypto related domain names.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, Facebook, Instagram and YouTube.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements in this news release include statements relating to the strategic review process and the work of the Committee; whether a strategic change, transaction or any outcome will result from or be consummated or implemented as a result of the strategic review process; and whether any transaction resulting from the strategic review process, if any, will ultimately enhance shareholder or stakeholder value in the long term.

Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240131270879/en/

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email:mailto:// contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com

NEWS -- Tokens.com Announces Sale of Metaverse Group and Hulk Labs to StoryFire



TORONTO, January 30, 2024--(BUSINESS WIRE)--Tokens.com Corp. (Cboe Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a web3 technology company that owns an inventory of cryptocurrencies, is pleased to announce that it has entered into a definitive agreement to sell the assets of Metaverse Group and Hulk Labs to StoryFire, Inc. ("StoryFire"). The transaction is scheduled to close on March 1st, 2024.

Consideration to Tokens.com for the disposition consists of a 15.3% equity interest in StoryFire, valued at US$3.5 million, plus US$500,000 in Blaze tokens, the in-app currency native to StoryFire. In addition, Tokens.com will be granted a board seat on the StoryFire board. Following the completion of the transaction, Tokens.com will no longer have an active business in metaverse or web3 gaming, except through its ownership in StoryFire.

StoryFire is a private online social entertainment and gaming platform that empowers users to create and engage with immersive narratives. With a rapidly growing user base of 2.5 million, StoryFire offers a vibrant and creative community for storytellers and enthusiasts. StoryFire users create social posts akin to Twitter, gain a following and earn an in-app currency known as Blaze. StoryFire is a privately owned entity.

"This transaction provides Tokens.com shareholders with several benefits, including the continued buildout of Metaverse Group by a strategic acquirer. StoryFire is a successful social media brand with over 2 million users and the capital to expand the growth of these businesses," said Andrew Kiguel, CEO of Tokens.com. "Tokens.com retains a significant amount of upside through its equity ownership in StoryFire, while no longer having to cover the overhead required to manage these businesses. Management expects this and other cost cutting measures associated with the transaction to result in savings to Tokens.com of approximately CAD$1.5M annually. The resulting Tokens.com business will own 15.3% of StoryFire, approximately CAD$3.7M in cash, approximately CAD$15.0M in cryptocurrency tokens, as well as a valuable portfolio of domain names that are currently for sale." added Kiguel.

The strategic vision for combining these assets is to leverage Metaverse Group’s capabilities to build content for use by StoryFire's 2.5M users, and expand on the metaverse experiences that Metaverse Group hosts, such as the Metaverse Fashion Week. By virtue of having a larger captive audience and distribution network that is growing by over 100% year over year, Metaverse Group’s 3D design and build capabilities will be able to attract a broader base of clients, and create immersive experiences for StoryFire creators and enterprises. Helix, the underlying metaverse virtual commerce platform provides a powerful engine for StoryFire creators to sell goods and services in the metaverse.

In addition, developers from Hulk Labs and certain IP, including Astraeus Defence, will continue to be developed and shared with StoryFire’s audience. This allows for immediate uptake of the games once developed. The gaming audience of StoryFire creators, as well as streamers, provide a significant pipeline to onboard games, and valuable data for the Yeti.gg platform.

"We are excited to integrate Metaverse Group and Hulk Labs into the StoryFire strategy. We welcome Tokens.com as a key shareholder and contributor to building our business. By leveraging the content creation capabilities, we expect to be able to quickly grow our user base", said Sam Hilder, CEO of StoryFire.

The transaction with StoryFire has been approved by the board of directors and the independent committee of Tokens.com, as well as the board of StoryFire.

In addition, Tokens.com has retained a third party broker to explore the sale of the Tokens.com domain name, initially being listed with an ask of US$8M. Interested parties should contact Tokens.com management at contact@tokens.com.

About Tokens.com

Tokens.com is a web3 technology holding company that owns an inventory of cryptocurrency and a collection of crypto related domain names.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, Facebook, Instagram and YouTube.

About StoryFire

The StoryFire platform, powered by the BLAZE token, will revolutionize the metaverse paradigm by combining SocialFi, GameFi, and DeFi into one unified experience.

StoryFire simplifies the connections between gaming, social media, and creating three independent platforms within the StoryFire ecosystem covering our three key pillars.

Learn more about StoryFire:

Website: https://www.storyfire.com

X (Twitter): https://www.x.com/storyfireapp

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements in this news release include statements relating to the strategic review process and the work of the Committee; whether a strategic change, transaction or any outcome will result from or be consummated or implemented as a result of the strategic review process; and whether any transaction resulting from the strategic review process, if any, will ultimately enhance shareholder or stakeholder value in the long term.

Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240130478353/en/

Contacts

Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com

CRUSHING blow today >>> 6 cents a copy . NOT good fellas .

My how things change. All of these things were such major deals and BOOM, Nov 2021 was over and none of it has come back and most are probably dead.

NOPE ... $SMURF death kneel >> Buy high , sell LOW ... Liquidation ...

NEWS -- Tokens.com Provides Update on 2023 Annual Filings



TORONTO, January 19, 2024--(BUSINESS WIRE)--Tokens.com Corp. (Cboe Canada: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a web3 technology company that owns an inventory of cryptocurrencies, today provided an updated on the status of a management cease trade order (the "MCTO") which was granted by the Ontario Securities Commission on January 2, 2024.

The Company reports that the audit is progressing and that the Company and its auditors continue to work diligently toward completing the 2023 Annual Filings as soon as possible. The Company is not aware of any specific accounting or audit concerns at this time. The Company continues to expect that it will be in a position to file the 2023 Annual Filings on or before January 31, 2024. The Company will issue a news release announcing completion of such filings at such time. Further updates on timing will be provided by the Company as necessary.

As previously announced, the Company applied for the MCTO due to a delay in the filing of the Company's annual financial statements and accompanying management’s discussion and analysis for the for the twelve-month period ended September 30, 2023 (the "2023 Annual Filings"), which were due on December 29, 2023.

The MCTO restricts the Chief Executive Officer and Chief Financial Officer from all trading in securities of the Company until such time as the 2023 Annual Filings have been filed by the Company and the MCTO has been lifted. The MCTO does not affect the ability of other shareholders of the Company to trade in securities of the Company.

Until the 2023 Annual Filings are filed, the Company intends to comply with the provisions of the alternative information guidelines as set out in National Policy 12-203 – Management Cease Trade Orders ("NP 12-203") for as long as it remains in default, including the issuance of bi-weekly default status reports in the form of a news release. The Company confirms that, since its prior news release dated December 15, 2023: (a) there has been no material change to the information set out in that press release that has not been generally disclosed; (b) there has not been any other specified default by the Company under NP 12-203; (c) the Company is not subject to any insolvency proceedings; and (d) there is no material information concerning the affairs of the Company that has not been generally disclosed.

About Tokens.com

Tokens.com is a web3 technology company that builds products and services that connects brands to consumers in 3D internet environments, including popular gaming and metaverse platforms. The Company also manages an inventory of valuable cryptocurrency, digital real estate, and a collection of top ranked crypto related domain names.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, Facebook, Instagram and YouTube.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements in this news release include statements relating to the strategic review process and the work of the Committee; whether a strategic change, transaction or any outcome will result from or be consummated or implemented as a result of the strategic review process; and whether any transaction resulting from the strategic review process, if any, will ultimately enhance shareholder or stakeholder value in the long term.

Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240119898640/en/

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com

NEWS -- Tokens.com Provides Crypto Inventory Update



TORONTO,, January 15, 2024--(BUSINESS WIRE)--Tokens.com Corp. (CBOE Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a web3 technology company that owns an inventory of cryptocurrencies, is pleased to share an update of its cryptocurrency holdings.

Crypto currency values have seen a steady increase in value since January 1, 2024. The table below shows our key crypto token holdings and corresponding value as of January 15, 2024 based on 1 Eth $2543.75, 1 Dot $7.59, 1 SOL $95.32.



*340 Ethereum are held at Genesis Global Trading which is undergoing a restructuring process that may result in some of the tokens not being returned at full value.**18,001 Solana are held at Genesis Global Trading which is undergoing a restructuring process that may result in some of the tokens not being returned at full value.
In addition to the table above, Tokens.com is supported by a current cash position of approximately US$3.05 million (Cdn$4.1 million) in cash and cash equivalents. Management also notes, this does not include the value of the Company's digital land assets.

Other Updates

On November 8th, the Company announced that it has commenced a strategic review that could result in a full or partial sale of the business divisions or IP within those divisions. The Company is also exploring sale of its domain names and has retained a broker to accomplish that task. An independent committee of the board has been established to review potential transactions.

Neither the Board nor the Committee have set a timetable to complete the strategic review process nor have any final decisions been made relating to strategic alternatives at this time. To date, management has been involved in several conversations with third parties to enhance shareholder value, although, at this time the Company does not have an update.

The Company also anticipates releasing its 2023 year-end audited financial statements before the end of January.

About Tokens.com

Tokens.com is a technology company that builds products and services that connects brands to consumers in 3D internet environments, including popular gaming and metaverse platforms. The Company also earns revenues through staking an inventory of owned cryptocurrencies.

Our solutions give our clients a more engaging way to connect with their existing clients, and access to a new generation of consumers who spend time on platforms such as Roblox and Fortnite.

Tokens.com also manages an inventory of valuable cryptocurrency, digital real estate, and a collection of top ranked crypto related domain names.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, Facebook, Instagram and YouTube.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements in this news release include statements relating to the strategic review process and the work of the Committee; whether a strategic change, transaction or any outcome will result from or be consummated or implemented as a result of the strategic review process; and whether any transaction resulting from the strategic review process, if any, will ultimately enhance shareholder or stakeholder value in the long term.

Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240115302318/en/

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com

NEWS -- Tokens.com Provides Update on 2023 Annual Filings



TORONTO, January 05, 2024--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a technology company that builds immersive experiences and games in 3D internet environments and owns an inventory of cryptocurrencies, today announced that, further to its news release dated December 15, 2023, its principal regulator, the Ontario Securities Commission, has accepted the Company’s application for, and has granted, a management cease trade order (the "MCTO"). As previously announced, the Company applied for the MCTO due to a delay in the filing of the Company's annual financial statements and accompanying management’s discussion and analysis for the for the twelve-month period ended September 30, 2023 (the "2023 Annual Filings"), which were due on December 29, 2023.

The MCTO restricts the Chief Executive Officer and Chief Financial Officer from all trading in securities of the Company until such time as the 2023 Annual Filings have been filed by the Company and the MCTO has been lifted. The MCTO does not affect the ability of other shareholders of the Company to trade in securities of the Company.

The Company and its auditors continue to work diligently toward completing the 2023 Annual Filings as soon as possible. The Company is not aware of any specific accounting or audit concerns at this time. The Company expects that it will be in a position to file the 2023 Annual Filings on or before January 31, 2024.

Until the 2023 Annual Filings are filed, the Company intends to comply with the provisions of the alternative information guidelines as set out in National Policy 12-203 – Management Cease Trade Orders ("NP 12-203") for as long as it remains in default, including the issuance of bi-weekly default status reports in the form of a news release. The Company confirms that, since its prior news release dated December 15, 2023: (a) there has been no material change to the information set out in that press release that has not been generally disclosed; (b) there has not been any other specified default by the Company under NP 12-203; (c) the Company is not subject to any insolvency proceedings; and (d) there is no material information concerning the affairs of the Company that has not been generally disclosed.

About Tokens.com

Tokens.com is a technology company that builds products and services that connects brands to consumers in 3D internet environments, including popular gaming and metaverse platforms. The Company also earns revenues through staking an inventory of owned cryptocurrencies.

Our solutions give our clients a more engaging way to connect with their existing clients, and access to a new generation of consumers who spend time on platforms such as Roblox and Fortnite.

Our key areas of focus are: i) branded virtual stores, sales centres, and 3D branded content, ii) web2 and web3 game development and game analytics, and ii) innovative e-commerce solutions that integrate shopping into existing popular gaming platforms.

Tokens.com also manages an inventory of valuable cryptocurrency, digital real estate, and a collection of top ranked crypto related domain names.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, Facebook, Instagram and YouTube.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements in this news release include statements relating to the strategic review process and the work of the Committee; whether a strategic change, transaction or any outcome will result from or be consummated or implemented as a result of the strategic review process; and whether any transaction resulting from the strategic review process, if any, will ultimately enhance shareholder or stakeholder value in the long term.

Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240105538122/en/

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com

Will this EVER return!?!?!

NEWS -- Tokens.com Announces Launch of Ecommerce App on Google Play and Apple iOS Stores



TORONTO, December 19, 2023--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that builds web3 businesses and owns an inventory of digital assets, is pleased to announce the launch of Valor, a proprietary ecommerce platform within Metaverse Group that allows product placement and advertising within virtual gaming worlds including Roblox and Fortnite.

Metaverse Group has spent the last year developing Helix Worlds, the technology that powers the Valor app. Valor is designed as a loyalty program that gives its clients the ability to place branded product placement in games like Roblox and Fortnite. Players in these environments use the app by scanning branded items and are redirected to the brands page to claim offers and earn points that are redeemable for rewards.

Valor is available for download on the Google Play Store, and iOS App Store.

"The Valor app was developed to solve a key problem for brands who were looking to advertise in popular gaming platforms like Roblox and Fortnite where links and QR codes are not allowed," said Andrew Kiguel, CEO of Tokens.com. "Valor provides a solution by giving brands the ability to offer a shopping experience to players, without taking them out of the game flow and disrupting the environment with links and QR codes."

Imagine a gamer walking through a virtual city and encountering your brand’s latest sneaker collection or wearable tech gadget right within the metaverse. With just 2-3 taps on their mobile device or Helix Worlds compatible apps and or via VR Goggles, players can interact with the product, purchase it in the physical world, and earn exclusive in-game rewards.

The consumer ecommerce experience has not changed substantially in the last 20 years. However, with the advent and popularity of new 3D platforms such as Roblox and Fortnite, brands are seeking innovative ways to evolve their ecommerce solutions. Through Helix Worlds, brands have the unprecedented opportunity to place their products into games and 3D environments without breaking the immersive experience and breaking platform guidelines. Valor using Helix Worlds technology was innovated for brands to market their products to a new audience and for consumers to enjoy an improved shopping experience. Helix Worlds can be implemented into any app and will be available across multiple platforms, and popular games.

Brands and businesses interested in learning more about Valor can contact mailto://info@metaversegroup.com. For a demo of how Valor works click here or visit https://getvalor.gg.

About Tokens.com

Tokens.com is a technology company that builds products and services that connects brands to consumers in 3D internet environments, including popular gaming and metaverse platforms. The Company also earns revenues through staking an inventory of owned cryptocurrencies.

Our solutions give our clients a more engaging way to connect with their existing clients, and access to a new generation of consumers who spend time on platforms such as Roblox and Fortnite.

Our key areas of focus are: i) branded virtual stores, sales centres, and 3D branded content, ii) web2 and web3 game development and game analytics, and ii) innovative e-commerce solutions that integrate shopping into existing popular gaming platforms.

Tokens.com also manages an inventory of valuable cryptocurrency, digital real estate, and a collection of top ranked crypto related domain names.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, Facebook, Instagram and YouTube.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements in this news release include statements relating to completion of the acquisition and closing date thereof and the benefits to be realized from the transaction, including the potential synergies between Metaverse Group and Tokens.com (including Hulk Labs, the gaming unit of Tokens.com). Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231219150315/en/

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com

NEWS -- Tokens.com Announces Filing Timeline for 2023 Annual Financial Statements



TORONTO, December 15, 2023--(BUSINESS WIRE)--Tokens.com Corp. (CBOE Exchange Canada: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a technology company that builds immersive experiences in 3D internet environments and owns an inventory of cryptocurrencies, today announced that it expects to complete and file its 2023 Annual Filings (as defined below) on or before January 31, 2024. Because the 2023 Annual Filings will be filed following the requisite filing date of December 29, 2023, the Company has applied to the Ontario Securities Commission (the "OSC") for a management cease trade order that will prohibit the Chief Executive Officer and the Chief Financial Officer of the Company from trading in the securities of the Company until such time as the 2023 Annual Filings have been filed. The OSC has yet to make a decision on the aforementioned application.

The default is due primarily to delays on account of the Company’s recent change in auditor (which change was made effective as of August 23, 2023). The change in auditor has resulted in additional procedures and enhanced quality controls which has necessitated a request by the auditor for more time to complete the audit. The proposed filing timeline will provide the Company's recently appointed auditor, Davidson & Company LLP, with sufficient time to complete the audit. Management notes that there are no disagreements or major unresolved issues with the auditor on any matter of the audit scope or procedures, accounting principles or policies, or financial statement disclosure.

The annual filings consist of: (a) the audited financial statements of the Company for the twelve-month period ended September 30, 2023; (b) the management's discussion & analysis for the twelve-month period ended September 30, 2023; and (c) the chief executive officer and chief financial officer certification of filings under Section 5.1 of National Instrument 52-109 – Certification of Disclosure in Issuers' Annual and Interim Filings (collectively, the "2023 Annual Filings").

During the period of default and until filing of the 2023 Annual Filings, the Company intends to satisfy the provisions of the alternative information guidelines as required by National Policy 12-203 – Management Cease Trade Orders. The Company’s management and other insiders are subject to a trading blackout reflecting the principles contained in Section 9 of National Policy 11-207 – Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions until the 2023 Annual Filings have been filed.

The Company is not subject to any insolvency proceedings, and, other than as disclosed in the Company’s press releases, there has been no material information that has not been disclosed.

About Tokens.com

Tokens.com is a technology company that builds products and services that connects brands to consumers in 3D internet environments, including popular gaming and metaverse platforms. The Company also earns revenues through staking an inventory of owned cryptocurrencies. Our solutions give our clients a more engaging way to connect with their existing clients, and access to a new generation of consumers who spend time on platforms such as Roblox and Fortnite. Our key areas of focus are: i) branded virtual stores, sales centres, and 3D branded content, ii) web2 and web3 game development and game analytics, and ii) innovative e-commerce solutions that integrate shopping into existing popular gaming platforms. Tokens.com also manages an inventory of valuable cryptocurrency, digital real estate, and a collection of top ranked crypto related domain names. All our businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to ef?ciently incubate these businesses from inception to revenue. Visit Tokens.com to learn more. Keep up-to-date on Tokens.com developments and join our online communities on X, LinkedIn, and YouTube.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identi?ed by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities ?lings available at www.sedarplus.ca. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231215400259/en/

Contacts

Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com

Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com

$SMURF >> Disastrous report . SMH ...

NEWS -- Tokens.com Provides Corporate Update

TORONTO, November 08, 2023--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a technology company that builds immersive experiences and games in 3D internet environments and owns an inventory of cryptocurrencies, is pleased to provide a corporate update.

To better withstand current market conditions, the Company has streamlined its operations, including a reduction in staff of approximately 40% and the cancellation of certain outsourced services. Management estimates it has eliminated approximately CAD$1.6 million thus far from its operating overhead.

In addition, the Company and the board of directors (the "Board") have agreed to commence a strategic review of the business with a view to enhance shareholder and stakeholder value in the long term. Consideration is being given to a full or a partial sale of business segments or IP within those segments, a sale of the domain name portfolio, including Tokens.com, and/or a sale of the crypto inventory or other digital assets. An independent committee of the Board has been formed to review potential transactions.

Neither the Board nor the Committee have set a timetable to complete the strategic review process nor have any decisions been made relating to strategic alternatives at this time. There can be no assurance that the review process will result in a transaction. The Company does not intend to provide any updates or make any announcements unless or until it determines that further disclosure is appropriate or necessary.

Corporate Update and Strategic Direction Going Forward

Tokens.com has focused on building web3 projects and holding an inventory of crypto assets for staking. In 2021, our assets and share price appreciated significantly. However, since then, our asset values and share price have declined significantly as a result of several factors largely related to macroeconomic conditions and crypto prices. Management has attempted to offset these conditions through building new web3 businesses intended to bring in new revenue streams and new sources of growth.

While these initiatives have shown success, they will require additional capital commitment for further R&D and marketing. Given weak market conditions, there are no assurances that the Company will be able to access new capital in the future to scale these businesses.

At this time, the Company will scale back on further investments into its business segments in favour of preserving cash, while evaluating its next steps. The Company will maintain operation of its key businesses and crypto inventory, which largely remains staked and earning revenue.

"The last two years have been difficult for micro-cap stocks in the crypto sector. We have been successful in building innovative products and services for web3 for ourselves and third parties. However, these projects require continued capital for R&D and marketing to scale them successfully and cover their associated overhead," said Andrew Kiguel, CEO. "As a result, we have made the decision to reduce our operating overhead to preserve shareholder capital as the Company contemplates its next steps."

Part of management’s evaluation is exploring the sale of its domain name portfolio, including Tokens.com. Management believes that the Tokens.com domain name has tremendous value. CitiGPS predicts the tokenization of all physical and digital assets by the end of the decade is inevitable. As such, management believes that the opportunity to sell the domain name could provide substantial financial compensation to the Company. As a point of reference for its value, it is widely reported online that the domain name crypto.com was sold in 2018 between USD$10-12 million by Monaco, which subsequently rebranded as Crypto.com. NFTs.com is widely reported online to have sold for US$15 million in 2022.

Based on our last reported quarter, Tokens.com has approximately USD$12.2 million in cash and crypto tokens. Tokens.com expects to release its audited year-end result in mid-December 2023. Further information on our year-end audited results will be forthcoming in November 2023. The Company does not anticipate any issues completing its audit on time.

Tokens.com currently focuses on several operating segments, which are described fulsomely below. Through sharing resources and infrastructure across these business segments, Tokens.com is able to incubate these businesses from inception to revenue.

While the review process is ongoing, the Company’s management remains committed to executing on the Company’s strategy and business plan, including in the manner set out below.

Crypto Staking

The Company’s crypto staking segment involves the validation of blockchain transactions via a process called staking. In order to perform this task, a staker needs to own tokens of the asset it wishes to stake. In return, the staker is compensated with additional tokens of the underlying digital asset. We note, this is not a lending process and there is no counterparty risk. It is a process of validation using existing inventory similar to an electronic voting mechanism.

Since the end of 2021, this segment has been negatively impacted by declining crypto prices. To address this, the Company has narrowed the scope of its ownership of tokens to focus on larger names, primarily Ethereum.

Below is a table showing our current crypto ownership and corresponding value as of November 06, 2023.



Strategically, such assets underpin our valuation. We may strategically sell or buy more tokens in the future depending on our capital needs and market conditions. We note that a portion of our assets (denoted in the table above) are held with Genesis Global Trading that is undergoing a restructuring. As a result, some or all of those holdings may not be recovered.

Metaverse Group

Metaverse Group started as a business that purchased and rented out digital land in various metaverses. This business has evolved. As the hype cycle around the metaverse disappeared in 2022 and in 2023, the focus has shifted away from buying digital land and to providing third party clients with an ability to connect to consumers through 3D experiences. This includes the creation of customized games for clients. Today, Metaverse Group does not focus on web3, but instead on creating immersive experiences within web2 games like Roblox and Fortnite. This segment has been successful in attracting several high profile clients.

Since the June 2023 acquisition by the Company of the remaining interest in Metaverse Group which the Company did not own, management has been disappointed in its ability to generate revenue and scale. Revenues in this segment have also been affected by cuts in marketing budgets of potential clients. As a result, we have determined to downsize this business to a level that corresponds with its revenues.

Metaverse Group also owns US$1.56M in digital real estate in various metaverse platforms including Sandbox and Decentraland. While this digital land may have appreciation opportunities in the future, management is exploring the disposition of these digital assets.

Helix Worlds

Helix World is a proprietary ecommerce tool within Metaverse Group that will allow for product placement and advertising within virtual gaming worlds. The product has been in development for over a year and has recently launched.

The consumer ecommerce experience has not changed substantially in the last 20 years. However, with the advent and popularity of new 3D platforms such as Roblox and Fortnite, brands are seeking innovative ways to evolve their ecommerce solutions. Through Helix World, brands have the unprecedented opportunity to place their products into games and 3D environments without breaking the immersive experience. Helix World was innovated for brands to market their products to a new audience and for consumers to enjoy an improved shopping experience. Helix World is platform agnostic and will be available across multiple platforms and popular games such as Roblox and Fortnite.

Hulk Labs

Tokens.com’s video gaming initiatives reside within Hulk Labs. During the last 5 months, Hulk has pivoted from operating a player network in Africa, to developing a data platform called Yeti, that provides data services to the web3 gaming industry and the development of a web3 game called Astraeus Defense. While this may seem like a significant pivot, in reality, Hulk Labs utilized the IP it had already developed and repurposed to areas management feels have more upside.

In a recent report from Deloitte, 96% of Millenials, Gen Alpha and Gen Z located in the United States, play video games, regularly averaging 11-13 hours per week. Web3 gaming is growing rapidly in both the quality and number of games following $4.5 billion dollars invested in web3 games in 2022. Citi GPS estimates web3 gaming will surge up to 100 million players by 2025.

The average age of gamers is around 31 to 35 years old, with the most common age group being between 18 and 34, accounting for 38% of the gaming demographic. This points to the maturity and purchasing power of the average player?.

Going forward, Hulk will focus on the continued development and scaling of Yeti, a web3 gaming dashboard.

About Tokens.com

Tokens.com is a technology company that builds products and services that connects brands to consumers in 3D internet environments, including popular gaming and metaverse platforms. The Company also earns revenues through staking an inventory of owned cryptocurrencies.

Our solutions give our clients a more engaging way to connect with their existing clients, and access to a new generation of consumers who spend time on platforms such as Roblox and Fortnite.

Our key areas of focus are: i) branded virtual stores, sales centres, and 3D branded content, ii) web2 and web3 game development and game analytics, and iii) innovative e-commerce solutions that integrate shopping into existing popular gaming platforms.

Tokens.com also manages an inventory of valuable cryptocurrency, digital real estate, and a collection of top ranked crypto related domain names.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on X, LinkedIn, and YouTube.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements in this news release include statements relating to the strategic review process and the work of the Committee; whether a strategic change, transaction or any outcome will result from or be consummated or implemented as a result of the strategic review process; and whether any transaction resulting from the strategic review process, if any, will ultimately enhance shareholder or stakeholder value in the long term.

Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231108753201/en/

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com

NEWS -- Tokens.com Launches Game for Polysleep in Fortnite



TORONTO, October 10, 2023--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a technology company that provides products and services that connect brands to consumers in 3D internet environments, is pleased to announce that it has successfully launched a customized game in the widely popular Fortnite game platform for Polysleep, a leading Canadian mattress company and sleep technology pioneer.

Tokens.com subsidiaries, Metaverse Group and Hulk Labs, collaborated to build and launch a branded game for Polysleep in Fortnite called Woolen Warfare. Woolen Warfare is a Polysleep branded, competitive multiplayer king of the hill game developed by the Hulk Labs team using Fortnite Creative 2.0 in Unreal Editor For Fortnite (UEFN).

"We're not just launching another game; we're revolutionizing the way brands interact with audiences," said Andrew Kiguel, CEO of Tokens.com. " ‘Woolen Warfare' represents a new frontier for marketing, blending the thrill of competitive gaming with the essence of brand identity. We are setting a new standard for what's possible for brands in existing popular 3D games."

Hulk Labs and Metaverse Group have the ability to program on Unity and Unreal Engine to develop activations in Fortnite, Roblox, and many other online platforms. Additionally, the Company is developing expertise to launch games and apps for the new Apple Vision Pro scheduled for release in 2024.

Tokens.com works with forward-thinking brands looking to reach Gen Z, Alpha, and Millennial consumers. A report from Deloitte states, 96% of Millenials, Gen Alpha, and Gen Z located in the United States play video games regularly averaging 11-13 hours per week. Our mission is to craft distinctive branded gaming experiences within these ecosystems, by aligning with client objectives, driving distribution through influencers, streamers and paid media.

"Our objective is to seamlessly blend cutting-edge technology with the gaming experience, allowing gamers to enjoy their favorite pastime while encouraging healthy sleep habits," said Jeremiah Curvers, CEO of Polysleep.

Fortnite boasts an impressive average of 239 million monthly players, where traditional online advertising delivery channels have not yet saturated the attention of gamers in the same ways as social, display and video have. Thus by introducing engaging and innovative branded games, Tokens.com offers brands unparalleled access to a vast, untapped audience. This approach transcends the limitations of conventional marketing strategies, capturing the attention of a new generation of consumers. Tokens.com is committed to delivering a tailor-made service, ensuring that each branded experience is meticulously curated to resonate with its clients' unique vision and brand identity.

Explore Woolen Warfare by Polysleep using island code 3511-4821-9572. Players can drop in for a king of the hill gamemode where players will be able to see their standings on the leaderboard and compete for the top score. For more information on Woolen Warfare by Polysleep visit www.woolenwarfare.com.

Join members from the Tokens.com and Polysleep team on X Tuesday October, 10 at 4:30 EST to learn more. Follow the link to join X Spaces https://x.com/i/spaces/1PlJQDRABNvGE.

Brands and businesses interested in a fresh approach to accessing clients can contact us at mailto://info@metaversegroup.com and mailto://Contact@tokens.com.

About Tokens.com

Tokens.com is a technology company that builds products and services that connects brands to consumers in 3D internet environments, including popular gaming and metaverse platforms.

Our solutions give our clients a more engaging way to connect with their existing clients, and access to a new generation of consumers who spend time on platforms such as Roblox and Fortnite.

Our key areas of focus are: i) branded virtual stores, sales centers, and 3D branded content, ii) web2 and web3 game development and game analytics, and ii) innovative e-commerce solutions that integrate shopping into existing popular gaming platforms.

Tokens.com also manages an inventory of valuable cryptocurrency, digital real estate, and a collection of top ranked crypto related domain names.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on X, LinkedIn, and YouTube.

About Polysleep

Polysleep is a pioneering sleep technology company dedicated to improving the sleep quality of individuals across the globe. With innovative products and a commitment to promoting healthy sleep habits, Polysleep continues to lead the way in sleep innovation.

For more information visit https://polysleep.com/.

Media Contact: Victoria Bakos – Polysleep
Email: mailto://victoria@polysleep.com

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements in this news release include statements relating to completion of the acquisition and closing date thereof and the benefits to be realized from the transaction, including the potential synergies between Metaverse Group and Tokens.com (including Hulk Labs, the gaming unit of Tokens.com). Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at https://www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law

View source version on businesswire.com: https://www.businesswire.com/news/home/20231010495476/en/

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com

Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com

NEWS -- Tokens.com Launches Yeti - A Web3 Gaming Dashboard



TORONTO, October 05, 2023--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a technology company that builds products and services that connect brands to consumers in 3D internet environments, is pleased to announce that its subsidiary, Hulk Labs ("Hulk"), has launched "Yeti" www.theyeti.gg. Yeti is a web3 gaming dashboard that provides advanced gaming analytics designed to maximize players' earnings. Additionally, Yeti is an early mover in offering ‘data as a service’ for the web3 gaming industry.

Yeti is targeted at web3 gamers, a user base that is estimated to grow as large as 100 million by 2025, according to CitiGPS. The overall global video game industry is estimated to generate over $170 billion annually, which is estimated to surpass the combined revenues of the Music and Film industries. It is expected that in the next 12 months there will be a vast number of web3 games launched. Yeti’s goal is to be the primary source of information for web3 games and the primary source for players to track their in-game performance.

"With the rapid growth occurring in the web3 gaming community, we have identified a gap in the market for analytical information on these games to support players and game developers," said Andrew Kiguel, CEO of Tokens.com. "We believe our technology in this area is the first of its kind and provides us with excellent exposure to Web3 gaming, the next big opportunity in the entertainment industry."

Web3 games are built upon open marketplaces and networks where users are in control of their in-game items, land and tokens; often creating small economies within the game powered by tokens and digital assets. Management sees an opportunity for Yeti to merge the Public Blockchain data with private in-game data, providing deeper insights to players, a value added data service to game developers and AI applications. TheYeti.gg gaming dashboard enables players to see in-game analytics and model out future outcomes. Over time, TheYeti.gg will also enable game developers to monetize their in-game data.

Join the Hulk team on X this Thursday October, 5 at 4:30 EST to learn more. Follow the link to join X Spaces https://x.com/i/spaces/1yoKMwvRARXJQ.

To learn more visit https://www.theyeti.gg and https://www.hulklabs.com. For developers and players interested in getting involved mailto://contact@tokens.com.

About Tokens.com

Tokens.com is a technology company that builds products and services that connects brands to consumers in 3D internet environments, including popular gaming and metaverse platforms.

Our solutions give our clients a more engaging way to connect with their existing clients, and access to a new generation of consumers who spend time on platforms such as Roblox and Fortnite.

Our key areas of focus are: i) branded virtual stores, sales centers, and 3D branded content, ii) web2 and web3 game development and game analytics, and ii) innovative e-commerce solutions that integrate shopping into existing popular gaming platforms.

Tokens.com also manages an inventory of valuable cryptocurrency, digital real estate, and a collection of top ranked crypto related domain names.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on X, LinkedIn, and YouTube.

About Hulk Labs

Hulk Labs (Or "Hulk"), is a web3 gaming studio, with a focus on 3 key areas: i) Web3 game economics and branded games for clients. ii) Data analytics via the creation of a web3 gaming dashboard for players. iii) The creation of unique mobile games. With an estimated 3.2 billion gamers globally, and growing daily, Hulk Labs is positioned itself to be ahead of the shift in gaming as gamers move from web2 consoles and PCs to mobile play-to-earn web3 video games. Additionally, Hulk offers expert consultation services in web3 gaming to brands seeking to tap into this exciting space. Hulk Labs is a subsidiary of Tokens.com, a publicly- traded company that builds web3 businesses. Hulk Labs operates at the forefront of the web3 gaming revolution.

Stay up to date and connect with us on X.

For further information please visit https://hulklabs.com.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements in this news release include statements relating to completion of the acquisition and closing date thereof and the benefits to be realized from the transaction, including the potential synergies between Metaverse Group and Tokens.com (including Hulk Labs, the gaming unit of Tokens.com). Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at https://www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231005579147/en/

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com

Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com

NEWS -- Tokens.com Announces Change of Auditor



TORONTO, September 01, 2023--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that invests in web3 assets and builds web3 businesses, today announces that its board of directors (the "Board") has approved a change of the Company’s auditor.

The Company's former auditor, Raymond Chabot Grant Thornton LLP (the "Former Auditor" or "RCGT"), was not reappointed by the Board, effective as of August 3, 2023. The Board and the audit committee of the Board (the "Audit Committee") have appointed Davidson & Company LLP (the "Successor Auditor" or "Davidson") as the successor auditor of the Company, effective as of August 3, 2023.

"Tokens.com is grateful for the services provided by RCGT for the past two years," said Andrew Kiguel, CEO. "The Company is looking forward to a smooth transition with the Davidson team and planning for a successful FY2023 audit term."

There were no disagreements or unresolved issues with the Former Auditor on any matter of the audit scope or procedures, accounting principles or policies, or financial statement disclosure. There have been no "reportable events" (as defined in National Instrument 51-102 – Continuous Disclosure Obligations) between the Company and the Former Auditor. The Former Auditor did not provide a modified opinion in their auditor's report for the financial statements of the Company fiscal years ended September 30, 2022 and December 31, 2021.

A Notice of Change of Auditor (the "Notice"), together with the response letters from the Former Auditor and Successor Auditor have been reviewed by the Audit Committee and the Board and have been filed on www.sedar.com.

About Tokens.com

Tokens.com Corp is a publicly traded company that invests in web3 assets and builds web3 businesses. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) play-to-earn crypto gaming. Tokens.com owns digital assets and operating businesses within each of these categories.

Staking operations occur within Tokens.com. Metaverse operations occur within a subsidiary called Metaverse Group. Metaverse Group wholly-owns a subsidiary called cocoNFT, a platform that allows Instagram users to mint and sell NFTs easily. Additionally, Metaverse Group is a strategic investor in Metaverse Architects, a leading 3D modeling and game development studio. Web3 gaming operations occur within a subsidiary called Hulk Labs.

All our businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230901289466/en/

Contacts

Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com

Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com

NEWS -- Tokens.com Reports Financial Results for Q3 2023



TORONTO, August 10, 2023--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that builds web3 businesses and owns an inventory of digital assets, is pleased to report its financial results for the three months and nine months ended June 30, 2023 ("Q3-2023"). All dollar figures are in United States dollars ("USD"), unless otherwise stated.

Q3-2023 Operation Highlights:

The Company completed the acquisition of all of the issued and outstanding shares from the minority ownership of Metaverse Group Ltd ("MGL"), effectively owning 100% of MGL.Metaverse Group Ltd added the team behind Startup Slang to its workforce and obtained exclusive access to its "Shoppable" technology, which links in-game purchase transactions to Shopify Plus storefronts.Hulk Labs ("Hulk") announced the advanced development phase of creating a proprietary mobile phone-based web3 video game titled Astraeus Defense.Management is focused on further growth of its businesses, Metaverse Group and Hulk Labs. Those businesses are focused on innovation in the web3 sector in ways that are not tied to the performance of cryptocurrencies. Both businesses have made great strides in providing corporate and brand partners with new ways to engage their customers. We are focused on developing new ecommerce platforms to assist our business clients in shifting from web2 to web3.

"During Q3, we have focused on investing in building IP in our platforms for future growth," said Andrew Kiguel, CEO. "We have seen the sector developing quickly and believe that to succeed we need to stay ahead of the technology. Management is also actively seeking ways to scale, examining potential acquisitions, and preparing to aggressively pursue growth for the remainder of 2023 and beyond."

Metaverse Group Update

In the face of prevailing economic headwinds, many Metaverse Group customers paused or scaled back their marketing budgets, leading to tempered Q3-2023 revenue. However, management remains optimistic by the growth of its pipeline, coupled with heightened interest from potential clients.

Metaverse Group’s dedication to staying at the forefront of technological advancements is evident as MGL harnesses capabilities like Apple's Vision Pro for Mixed Reality. Additionally, MGL announces its applications to development programs with both Apple and Unity, marking a significant stride in its journey.

As Metaverse Group builds its intellectual property, it is also paving the way for its inaugural e-commerce product designed to foster seamless transactions within 3D virtual environments.

Another highlight of MGL’s innovations is the development of its branded game portfolio. By collaborating with platforms such as Roblox and the Fortnite Create series, MGL is carving out a distinctive space for its brand in the gaming universe. These endeavors allow MGL not only to enhance its engagement with a wider audience but also to showcase the commitment to building emerging entertainment with state-of-the-art technology.

Hulk Labs Update

After the end of Q2-2023, Hulk Labs underwent a change in management and an operational review. The decision was made to no longer operate a player network. Hulk Labs still intends to use the Playte software to integrate third party players in its reviewed business plan. Going forward, Hulk will focus on gaming software and web3 game development.

During Q3-2023, Hulk Labs has made significant progress on its core focus of developing gaming software and announced development of a web3 game called Astraeus Defense. Hulk Labs has focused its business on three core areas 1) Analytics dashboards for web3 gamers 2) Web3 game development, with the first title called Astraeus Defense and 3) Service delivery partner of branded games for clients.

Hulk Labs is using the latest AI assistive tools in the game development process for Astraeus Defense. Hulk Labs uses AI tools in video development, character animation, art development, 3D asset development, voice acting and more areas to increase efficiency. Hulk Labs is constantly evaluating new tools and has received beta access to test new assistive AI technologies. Hulk sees a future where game development will be heavily influenced by the positive benefits of efficiency, cost reduction and creativity that assistive AI tools offer game designers. Another significant development in the web3 gaming space is Google enabling NFT’s in gaming apps in the Google Play Store.

Hulk Labs in partnership with Metaverse Group is building a branded game for a company in the furniture industry, being developed in Unreal Engine and will launch in the Epic Games Store for Back To School. The game will be used as a marketing tool by the client to promote their back-to-school offerings.

Q3-2023 Financial Highlights

The Company recorded revenue of $129k for the three months ended June 30, 2023, compared to $251k for Q3-2022. For the nine months ended June 30, 2023, revenue was $584k, compared to $903k for the same period last year.Total cash and cryptocurrency holdings of $12.2 million, or CAD$16.2 million as of June 30, 2023.Total assets of $20.9 million or $0.18 per share (CAD$0.24 per share) as of June 30, 2023.Operating expenses were $1.2 million and $3.0 million, respectively, for the three and nine months ended June 30, 2023, compared to $753k and $5.0 million for the same periods last year.A non-cash gain on revaluation of its cryptocurrency assets of $83k million for the three months ended June 30, 2023, compared to a loss of $12.5 million for Q3-2022. On the nine-month ended basis, gain on revaluation was $1.5 million, compared to a loss of $15.6 million from the same period last year.Net loss of $902k for the three months ended June 30, 2023, compared to loss of $11.9 million for Q3-2022. For the nine months ended June 30, 2023, net loss was $879k, compared to loss of $7.8 million from the same period last year.A Complete financial reporting package, including the Unaudited Condensed Consolidated Interim Financial Statements and Management’s Discussion & Analysis, is available on our corporate website (https://www.tokens.com), and the SEDAR website (https://www.sedar.com).

An investor call has been scheduled to discuss the Company’s Q3-2023 financial results, hosted by CEO Andrew Kiguel, starting at 10:00 am ET on August 11, 2023.

Conference Call Details:
Date: August 11, 2023
Time: 10:00 a.m. ET
Zoom Webinar Registration:
https://us06web.zoom.us/webinar/register/WN_xb5kUpV2QMu4MRVFLfDGWg

To join the webinar, register using the link provided above. Upon registration a Zoom link will be emailed to the registered email address. The webinar will be available via computer, tablet, and smartphone devices. In addition, a dial-in phone number will be provided in the email upon registration. Callers dialing in using a telephone will automatically be placed in a listen only mode. The question period will not be available to dial-in callers.

About Tokens.com

Tokens.com Corp is a publicly traded technology company that builds web3 businesses and owns an inventory of digital assets. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) web3 gaming. Tokens.com owns digital assets and operating businesses within each of these three segments.

Staking operations occur within Tokens.com. Metaverse real estate and ecomm3 solutions operations occur within a subsidiary called Metaverse Group. Web3 gaming operations occur within a subsidiary called Hulk Labs. All three businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue generation.

As a result of each of the three business segments owning digital assets, Tokens.com is required to mark-to-market these digital assets at the end of every reporting quarter. As a result, the Company's financial statements will have non-cash related gains or losses based on the market performance of the digital assets owned from quarter-to-quarter. These non-cash revaluations of owned digital assets do not impact the operations or growth within our business segments. The digital assets are owned for the purpose of generating revenue within each business segment. In some instances, the Company may choose to dispose of certain assets if they no longer meet our ownership criteria.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, Facebook, Instagram and YouTube.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230810801940/en/

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com

Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com

NEWS -- Tokens.com to Release its Financial Results for Q3-2023 on August 10, 2023



TORONTO, August 04, 2023--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that invests in web3 assets and builds web3 businesses, is pleased to share that it will release its financial results for the three and nine months ended June 30, 2023 ("Q3 2023") on Thursday August 10th, 2023.

An investor webinar hosted by CEO Andrew Kiguel on Zoom has been scheduled to discuss the Company’s Q3 2023 financial results starting at 10:00 am ET on August 11th, 2023.

Investor Webinar Details:
Date: August 11th, 2023
Time: 10:00 a.m. ET
Zoom Webinar Registration: https://us06web.zoom.us/webinar/register/WN_xb5kUpV2QMu4MRVFLfDGWg

To join the webinar, register using the link provided above. Upon registration a Zoom link will be emailed to the registered email address. The webinar will be available via computer, tablet, and smartphone devices. In addition, a dial-in phone number will be provided in the email upon registration. Callers dialing in using a telephone will automatically be placed in a listen only mode. The question period will not be available to dial-in callers.

About Tokens.com

Tokens.com Corp is a publicly traded company that invests in web3 assets and builds web3 businesses. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) play-to-earn crypto gaming. Tokens.com owns digital assets and operating businesses within each of these categories.

Staking operations occur within Tokens.com. Metaverse operations occur within a subsidiary called Metaverse Group. Metaverse Group wholly-owns a subsidiary called cocoNFT, a platform that allows Instagram users to mint and sell NFTs easily. Additionally, Metaverse Group is a strategic investor in Metaverse Architects, a leading 3D modeling and game development studio. Web3 gaming operations occur within a subsidiary called Hulk Labs.

All our businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230804704103/en/

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com

Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com

NEWS -- Tokens.com Developing Mobile Web3 Game



TORONTO, July 13, 2023--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that builds web3 businesses and owns an inventory of digital assets, is pleased to announce that its subsidiary, Hulk Labs ("Hulk") is in the advanced development phase of creating a proprietary mobile phone-based web3 video game titled Astraeus Defense (https://astraeusdefense.com/).

According to the Federal Trade Commission - Gaming is the largest sector of the entertainment industry with an estimated 3.2 billion gamers globally (2). Surpassing the combined revenues of the Music and Film industries, gaming generates a sum exceeding $170 billion annually (1). Citi GPS’ estimates the number of web3 wallets to surge from one million in 2022 to between 50 million - 100 million by 2025 (2).

Mobile games offer a larger addressable global player base, outnumbering PC and console players. The Hulk team has identified this burgeoning opportunity in the video game industry and is positioning itself to be ahead of this shift as gamers move from web2 consoles and PCs to mobile play-to-earn web3 video games.

Astraeus Defense is a competitive multiplayer sci-fi combat game that allows players to take on the role of one of eight unique extra-terrestrial species. Targeted at the Zalpha Generation (a combination of generation Alpha and Z), Astraeus Defense will be a mobile first game, with innovative web3 economic mechanics developed by Hulk Labs. Astraeus Defense leverages the most popular mechanisms from successful web2 and web3 minigames, which it pairs with a custom tokenomics system, bringing a novel experience to web3 gaming.

In creating the game, Hulk has employed AI technology to develop the concept and establish some of the 2D game art. The team has also employed an AI assistive tool to enhance efficiency of certain aspects of the game's 3D animation process.

Under new leadership, Hulk Labs is utilizing its in-house expertise to launch games for brands and further develop its product offerings. The studio will focus on creating proprietary and branded mobile games targeted at the Zalpha Generation.

"We have strategically evolved our approach at Hulk Labs by ramping up the development of our game studio. As part of this, we are excited for the launch of our game specifically targeted at play-to-earn, mobile users. Gaming is a massive market undergoing a shift. We have repositioned Hulk to service this growing opportunity," says Andrew Kiguel, CEO of Tokens.com. "Hulk Labs boasts an exceptional team of highly skilled developers and tokenomics experts, which allows us to build out our own product lines and gives us the capabilities to service branded games for brands and businesses exploring web3 gaming."

Additionally, Hulk Labs has expanded its team and has hired additional staff to support game development, product development, and core game analytics. The expanded team enables Hulk to deliver on client brand projects and further the development of its data product.

Astraeus Defense will be initially beta tested for use in 2023 and is scheduled for full release in Q1 of 2024. For more information on Astraeus Defense visit the website at https://astraeusdefense.com/ or learn more from the whitepaper at https://astraeuswhitepaper.info/. For additional updates and to stay connected follow us on twitter at https://twitter.com/AstraeusDefense and discord https://discord.com/invite/zSsJRkBKM3.

About Tokens.com

Tokens.com Corp is a publicly traded company that invests in web3 assets and owns an inventory of digital assets. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) web3 gaming. The Company also owns a portfolio of web3 related domain names.

Staking operations occur within Tokens.com. Metaverse operations occur within a subsidiary called Metaverse Group. Web3 gaming operations occur within a subsidiary called Hulk Labs. All three businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue generation.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.

About Hulk Labs

Hulk Labs (Or "Hulk"), is a web3 gaming studio, with a focus on 3 key areas: i) Web3 game economics and branded games for clients. ii) Data analytics via the creation of a web3 gaming dashboard for players. iii) The creation of unique mobile games. With an estimated 3.2 billion gamers globally, and growing daily, Hulk Labs is positioned itself to be ahead of the shift in gaming as gamers move from web2 consoles and PCs to mobile play-to-earn web3 video games. Additionally, Hulk offers expert consultation services in web3 gaming to brands seeking to tap into this exciting space. Hulk Labs is a subsidiary of Tokens.com, a publicly- traded company that builds web3 businesses. Hulk Labs operates at the forefront of the web3 gaming revolution.

Stay up to date and connect with us on Twitter.

For further information please visit https://hulklabs.com.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements in this news release include statements relating to completion of the acquisition and closing date thereof and the benefits to be realized from the transaction, including the potential synergies between Metaverse Group and Tokens.com (including Hulk Labs, the gaming unit of Tokens.com). Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

Sources:

Microsoft Activision Administrative Complaint: https://www.ftc.gov/system/files/ftc_gov/pdf/D09412MicrosoftActivisionAdministrativeComplaintPublicVersionFinal.pdf

MONEY TOKENS AND GAMES, Citi GPS: https://www.citifirst.com.hk/home/upload/citi_research/rsch_pdf_30143792.pdf

View source version on businesswire.com: https://www.businesswire.com/news/home/20230713130405/en/

Contacts

Tokens.com Corp.
Andrew Kiguel, CEO
+1-647-578-7490
mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
mailto://contact@tokens.com

Media: Ali Clarke – Talk Shop Media
mailto://ali@talkshopmedia.com

Tokens.com Announces Results of 2023 Annual Meeting



TORONTO--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or the “Company”), a publicly-traded company that builds web3 businesses and owns an inventory of digital assets, is pleased to announce that all resolutions considered by the shareholders of Tokens.com Corp. at the Annual General and Special Meeting of Shareholders (the “Meeting”) held virtually by teleconference on July 11, 2023 were passed.

Voting as to each of the director nominees were as follows:



Please see the report of voting results filed under Tokens.com Corp’s profile at www.sedar.com for the detailed results of all matters voted upon by shareholders at the Meeting.

About Tokens.com

Tokens.com Corp is a publicly traded company that invests in web3 assets and owns an inventory of digital assets. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) web3 gaming. The Company also owns a portfolio of web3 related domain names.

Staking operations occur within Tokens.com. Metaverse operations occur within a subsidiary called Metaverse Group. Web3 gaming operations occur within a subsidiary called Hulk Labs. All three businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue generation.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, Facebook, Instagram and YouTube.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements in this news release include statements relating to completion of the acquisition and closing date thereof and the benefits to be realized from the transaction, including the potential synergies between Metaverse Group and Tokens.com (including Hulk Labs, the gaming unit of Tokens.com). Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com

Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com

NEWS -- Tokens.com Acquires Startup Slang Team and Its Ecommerce IP



TORONTO, June 29, 2023--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that builds web3 businesses and owns an inventory of digital assets, is pleased to announce that the team behind Startup Slang has joined its subsidiary, Metaverse Group. Metaverse Group will also have exclusive access to the "Shoppable" metaverse technology developed by Startup Slang that links in-game purchase transactions to Shopify Plus storefronts.

Startup Slang was the first to connect a mobile game to a Shopify Plus store. This technology is the first of its kind and can be seen in the popular interior home decor game called "Design Home". Design Home is a mobile game that has been downloaded over 100 million times in the Apple and Android app stores. The game allows players to decorate interior design spaces with pieces that can be purchased directly from popular interior decor brands in the physical world. This new technology further bridges the gap between the physical and virtual world using middleware solutions and creates a seamless shopping experience.

This technology allows Metaverse Group to build customizable gamified experiences for brands looking to reach new audiences and sell their product in an immersive and seamless way. As leaders in web3 development, Metaverse Group’s services position brands to make an easy shift from two-dimensional to three-dimensional marketing.

"We know that three dimensional marketing is the way of the future, this is evident with all the money tech giants like Apple are spending in creating wearable headsets," said Andrew Kiguel, CEO of Tokens.com. "It has been challenging finding the right solutions to connect products in digital experiences to ecommerce but by acquiring the Startup Slang team and their IP, this gives Metaverse Group an added advantage to further enhance gamified shopping experiences."

"By joining our Shoppable metaverse technology with Tokens.com and Metaverse Group, we plan to scale these types of deployments and allow brands to add an additional ecommerce source of revenue to their businesses through the metaverse. This will be a pivotal move towards the public's mass adoption of the metaverse," said Damiano Raveenthiran, founder and former CEO of Startup Slang.

Brands and businesses interested in learning more about new ecommerce offerings can contact mailto://info@metaversegroup.com.

About Tokens.com

Tokens.com Corp is a publicly traded company that invests in web3 assets and owns an inventory of digital assets. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) web3 gaming. The Company also owns a portfolio of web3 related domain names.

Staking operations occur within Tokens.com. Metaverse operations occur within a subsidiary called Metaverse Group. Web3 gaming operations occur within a subsidiary called Hulk Labs. All three businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue generation.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, Facebook, Instagram and YouTube.

About Metaverse Group

Metaverse Group is a web3 technology company with products and services that bring businesses to life in web3 environments, including metaverses, NFTs and the next iteration of retail, ecomm3. We integrate web3 technology solutions with a web3 marketing agency and virtual real estate development services so that our clients can own ecomm3, engage new audiences, and be first movers. The company also holds a vast metaverse real estate portfolio spanning over 10+ metaverses.

Our expansive ownership of virtual land and relationships with different metaverses allow us to deliver category leading solutions that have been recognized by CNBC, CNN, Forbes, the Economist, and the Wall Street Journal. Tokens.com, a publicly- traded company, is the majority owner of Metaverse Group.

For further information please visit https://metaversegroup.com.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements in this news release include statements relating to completion of the acquisition and closing date thereof and the benefits to be realized from the transaction, including the potential synergies between Metaverse Group and Tokens.com (including Hulk Labs, the gaming unit of Tokens.com). Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230629483379/en/

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com

Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com

NEWS -- Tokens.com Completes Acquisition of Metaverse Group



TORONTO, June 05, 2023--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that builds web3 businesses and owns an inventory of digital assets, is pleased to announce that it has closed its acquisition of all of the issued and outstanding shares from the minority shareholders of Metaverse Group LTD that the Company does not already own. In addition, Metaverse Group has launched a new website, which can be visited at https://metaversegroup.com, reflecting its expanding business branding.

As consideration for the acquisition, Tokens.com has issued 20,576,941 common shares to the minority Metaverse Group shareholders. Each minority Metaverse Group shareholder will receive 0.347 Tokens.com shares per Metaverse Group share. The Tokens.com shares to be issued as part of this transaction will be subject to contractual escrow provisions over a nine month period. In addition, an aggregate of 3,105,650 options to purchase shares of Tokens.com and 694,000 RSUs of Tokens.com were issued as replacement securities to certain security holders of Metaverse Group. This transaction has been approved by the board of directors of both entities, Metaverse Group shareholders, and the NEO Exchange.

The integration of the two entities will further enhance the synergies between the two entities, including Hulk Labs, the gaming unit of Tokens.com. The gamification capabilities of Hulk Labs will enhance Metaverse Groups services offered to clients. The merger will enable the development of new, immersive experiences within the metaverse, combining the best of gaming and virtual reality. Furthermore, the amalgamation is expected to bring additional synergies in corporate overhead, investor relations, public relations, and human resources.

Metaverse Group also continues to build its software development capabilities across various web2 and web3 metaverses. This includes web2 metaverses such as Robolox, which has an estimated 65 million users daily. Metaverse Group is platform agnostic and is able to deliver value within all types of 3D virtual realities. In addition, Metaverse Group is looking at expanding its service capabilities to headsets, which will allow its clients to build on such platforms like the forthcoming Apple VR Headset set for release later this year.

Tokens.com will actively seek to acquire other companies that align with its vision and mission. The company believes that these strategic acquisitions will further strengthen its position in web3 and accelerate its growth.

Tokens.com intends to gradually pivot from its staking operations to focus on the building of Metaverse Group and Hulk Labs. In the future, the Company may seek to sell part or all of its staking inventory to finance further growth in its businesses.

"The staking business has provided a strong cushion of capital for our business since inception," said Andrew Kiguel, CEO. "As the Company grows, we need to evaluate where we can achieve the highest risk adjusted returns. With token values peaking in 2021 and staking rewards declining for large cap tokens, we are evaluating the most strategic and rewarding ways to use the digital assets on behalf of shareholders." added Kiguel.

About Tokens.com

Tokens.com Corp is a publicly traded company that invests in web3 assets and owns an inventory of digital assets. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) web3 gaming. The Company also owns a portfolio of web3 related domain names.

Staking operations occur within Tokens.com. Metaverse operations occur within a subsidiary called Metaverse Group. Web3 gaming operations occur within a subsidiary called Hulk Labs. All three businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue generation.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, Facebook, Instagram and YouTube.

About Metaverse Group

Metaverse Group is a web3 technology company with products and services that bring businesses to life in web3 environments, including metaverses, NFTs and the next iteration of retail, ecomm3. We integrate web3 technology solutions with a web3 marketing agency and virtual real estate development services so that our clients can own ecomm3, engage new audiences, and be first movers. The company also holds a vast metaverse real estate portfolio spanning over 10+ metaverses.

Our expansive ownership of virtual land and relationships with different metaverses allow us to deliver category leading solutions that have been recognized by CNBC, CNN, Forbes, the Economist, and the Wall Street Journal. Tokens.com, a publicly- traded company, is the majority owner of Metaverse Group.

For further information please visit https://metaversegroup.com.

About Hulk Labs

Hulk Labs is a web3 gaming studio. Gaming is the largest category in the entertainment industry with revenues exceeding both film and music, consisting of over 3.2 billion gamers in 2022. It is predicted that web3 gaming will grow from 1 to 100 million users by 2025. Hulk is developing web3 wallet and data products, while using our expertise to provide web3 gaming consultation services to brands. Hulk is designing and building web3 enabled mobile games with superior tokenomic models, and our technology natively integrated. Hulk Labs is a subsidiary of Tokens.com, a publicly- traded company that builds web3 businesses and owns an inventory of digital assets.

For further information please visit https://hulklabs.com.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements in this news release include statements relating to completion of the acquisition and closing date thereof and the benefits to be realized from the transaction, including the potential synergies between Metaverse Group and Tokens.com (including Hulk Labs, the gaming unit of Tokens.com). Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law

View source version on businesswire.com: https://www.businesswire.com/news/home/20230605005137/en/

Contacts

Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com

Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com

NEWS -- Tokens.com Reports Financial Results for Q2 2023



TORONTO, May 11, 2023--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that builds web3 businesses and owns an inventory of digital assets, is pleased to report its financial results for the three months and six months ended March 31, 2023 ("Q2-2023"). All dollar figures are in United States dollars ("USD"), unless otherwise stated.

Q2-2023 Operation Highlights:

Several changes were made at the executive level. Eric Abrahams was promoted to Chief Operating Officer. Jonathan Okihiro was promoted to Chief Investment Officer. Josh Doner has also been promoted to Group Lead at Hulk Labs, in addition to his role as Chief NFT Officer. All three new executives had demonstrated exceptional leadership in their previous roles within the Company.Metaverse Group Ltd. had a positive second quarter that included signing up several high-profile clients and a second successful annual Metaverse Fashion Week, attracting clients such as DKNY, Stellantis, and Miami Fashion Week.Management is focused on further growth of its businesses, Metaverse Group and Hulk Labs. Those businesses are focused on innovation in the web3 sector in ways that are not tied to the performance of cryptocurrencies. Both businesses have made great strides in providing corporate and brand partners with new ways to engage their customers.

"During Q2, there have been many internal changes at Tokens.com," said Andrew Kiguel, CEO. "With a focus on growth and revenue, we have made several necessary changes at the executive level. We are also excited to finalize the acquisition of Metaverse Group. Management is actively seeking ways to scale, examining potential acquisitions, and preparing to more aggressively pursue growth for the remainder of 2023."

Q2-2023 Financial Highlights

The Company recorded a net income of $1.7 million for the three months ended March 31, 2023, compared to $7.8 million for Q2-2022. For the six months ended March 31, 2023, net income was $23k, compared to $4.0 million for the same period last year.Total cash and cryptocurrency holdings of $12.7 million, or CAD$17.2 million as of March 31, 2023.Total assets increased by $3.7 million since December 31, 2022 (end of Q1-2023) to $21.4 million or $0.22 per share (CAD$0.30 per share) as of March 31, 2023.The Company achieved revenue of $303k for the three months ended March 31, 2023, compared to $326k for the three months ended March 31, 2022 ("Q2-2022"). For the six months ended March 31, 2023, revenue earned was $455k, compared to $653k from the same period last year.Operating expenses were $1.1 million and $1.8 million, respectively, for the three and six months ended March 31, 2023, compared to $958k and $4.2 million for the same periods last year.A non-cash gain on revaluation of its cryptocurrency assets of $2.6 million for the three months ended March 31, 2023, compared to a loss of $2.3 million for Q2-2022. On the six months ended basis, gain on revaluation was $1.3 million, compared to a loss of $3.1 million from the same period last year.Update on Metaverse Group Acquisition:

On April 18th of 2023, Tokens.com made an offer to acquire all the issued and outstanding shares from the minority shareholders of Metaverse Group Ltd that the Company does not already own, with the effect that the Company will own 100% of shares of Metaverse Group after the transaction is completed. Tokens.com is currently the majority shareholder of Metaverse Group, owning approximately 55.2% of the issued and outstanding shares (on a non-diluted basis).The transaction offer has been approved by the board of directors of both Tokens.com and Metaverse Group.On April 26th, 2023, Metaverse Group held a special shareholders meeting and the transaction was approved by the minority shareholders. The transaction is now subject to regulatory approval and is anticipated to close by the end of May.A complete financial reporting package, including the Unaudited Condensed Consolidated Interim Financial Statements and Management’s Discussion & Analysis, is available on our corporate website (https://www.tokens.com), and the SEDAR website (https://www.sedar.com).

An investor call has been scheduled to discuss the Company’s Q2-2023 financial results, hosted by CEO Andrew Kiguel, starting at 10:00 am ET on May 12, 2023.

Conference Call Details:
Date: May 12, 2023
Time: 10:00 a.m. ET
Zoom Webinar Registration: https://us06web.zoom.us/webinar/register/WN_z-2prE_DRPuiIMDFsNAznA

To join the webinar, register using the link provided above. Upon registration a Zoom link will be emailed to the registered email address. The webinar will be available via computer, tablet, and smartphone devices. In addition, a dial-in phone number will be provided in the email upon registration. Callers dialing in using a telephone will automatically be placed in a listen only mode. The question period will not be available to dial-in callers.

About Tokens.com

Tokens.com Corp is a publicly traded technology company that builds web3 businesses and owns an inventory of digital assets. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) web3 gaming. Tokens.com owns digital assets and operating businesses within each of these three segments.

Staking operations occur within Tokens.com. Metaverse real estate and ecomm3 solutions operations occur within a subsidiary called Metaverse Group. Web3 gaming operations occur within a subsidiary called Hulk Labs. All three businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue generation.

As a result of each of the three business segments owning digital assets, Tokens.com is required to mark-to-market these digital assets at the end of every reporting quarter. As a result, the Company's financial statements will have non-cash related gains or losses based on the market performance of the digital assets owned from quarter-to-quarter. These non-cash revaluations of owned digital assets do not impact the operations or growth within our business segments. The digital assets are owned for the purpose of generating revenue within each business segment. In some instances, the Company may choose to dispose of certain assets if they no longer meet our ownership criteria.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, Facebook, Instagram and YouTube.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230511005335/en/

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com

Media: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com

NEWS -- Tokens.com to Release its Financial Results for Q2-2023 on May 11, 2023



TORONTO, May 08, 2023--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) ("Tokens.com" or the "Company"), a publicly-traded company that invests in web3 assets and builds businesses linked to crypto staking, the metaverse and web3 gaming, is pleased to share that it will release its financial results for the three and six months ended March 31, 2023 ("Q2-2023") on Thursday, May 11th, 2023.

An investor webinar hosted by CEO Andrew Kiguel on Zoom has been scheduled to discuss the Company’s Q2-2023 financial results starting at 10:00 am ET on Friday, May 12th, 2023.

Date: May 12th, 2023
Time: 10:00 a.m. ET
Zoom Webinar Registration: https://us06web.zoom.us/webinar/register/WN_z-2prE_DRPuiIMDFsNAznA

To join the webinar, register using the link provided above. Upon registration a Zoom link will be emailed to the registered email address. The webinar will be available via computer, tablet, and smartphone devices. In addition, a dial-in phone number will be provided in the email upon registration. Callers dialing in using a telephone will automatically be placed in a listen only mode. The question period will not be available to dial-in callers.

About Tokens.com

Tokens.com Corp is a publicly traded company that invests in web3 assets and builds web3 businesses. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) web3 gaming. Tokens.com owns digital assets and operating businesses within each of these categories.

Staking operations occur within Tokens.com. Metaverse operations occur within a subsidiary called Metaverse Group. Metaverse Group wholly-owns a subsidiary called cocoNFT, a platform that allows Instagram users to mint and sell NFTs easily. Additionally, Metaverse Group is a strategic investor in Metaverse Architects, a leading 3D modelling and game development studio. Crypto gaming operations occur within a subsidiary called Hulk Labs.

All our businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue.

Visit https://Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, Facebook, Instagram and YouTube.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230508005144/en/

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: mailto://contact@tokens.com

Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com

Media Contact: Ali Clarke – Talk Shop Media
Email: mailto://ali@talkshopmedia.com

Thank You. I pretty much have come to the conclusion that this is a long term play. Or a heck of a write off if any of my other stocks give me gains substantial enough. The CEO also has my confidence, but like you said a large portion of this companies success rely on outside factors beyond his control. Appreciate your reply and glad to see their are more than two whom frequent this Board. Cheers

Having traded $SMURF from it's rally in the USD range of $2.50 to the present range of 10 cents ,
I have many observations / opinions .

1) COIN ( Tokens in Canada $SMURF in US ) has been and still is fiercely shorted .

2) ALL of these Canadian 5 lettered stocks have brutal algorithms running all day stepping in front of our trades . ALL of the offers displayed on L2 in front of your / my bid and ask are decoys .
That's why you see so much volume displayed on the bid and ask .

3) Metaverse was and still is WAY ahead of it's time . Even Zuckerberg will admit that .

4) $SMURF's CEO is a smart guy and the ONLY reason that I am reluctantly still here .
He and many others got caught with their pants down when crypto collapsed .

My advise is to take $SMURF off your watchlist ( if you can ) before it drives you crazy .

Can't understand we are an hour and a half into the Trading day and just a little over 1100 shares have traded. Yet between the bid and ask there are over one hundred thousand shares sitting. I've noticed this quite a few times before. But don't remember ever seeing a stock trade like this. Of the many posters on here (lol) can someone shed some light?

I really hate to slam a stock I own, But this stock is getting worse by the week. Volume is a crying shame. The share price is a Damn disgrace. I sure hope something positive comes before bankruptcy does. I hear earnings should be out this month not that I'm expecting anything to change the current status.