Exxe Group Launches New Entertainment-Centric Digital Footprint in Metaverse Initiative – Yahoo Finance

New entertainment-focused digital footprint represents popular interactive activities in the Metaverse
Exxe introducing interactive digital multimedia event spaces for music, fashion, film, and education
Exxe showcasing virtual fashion events along with producing fashion editorials and celebrity press, NFTs
Exxe leverages its physical media experience, partnerships, digital communities with its Metaverse Initiative
New Exxe division focuses exclusively on Metaverse innovation, including tokens, NFTs, gaming coins, communities
NEW YORK, NY / ACCESSWIRE / January 6, 2022 /Exxe Group, Inc. (OTC PINK:AXXA), ("Exxe" or the "Company") a diversified fintech company, is pleased to announce it has launched a new digital footprint as part of its Metaverse Initiative. This new Entertainment focus represents some of the most popular and lucrative, interactive activities in the Metaverse. Plus, it represents another integrative layer and diversified complement to the Company's current fintech-based, digital presence. Exxe leverages its deep experience in music, film, and fashion events, along with its digital communities, to simultaneously showcase interactive entertainment events via physical media and the virtual environment. Exxe conservatively estimating to generate an increase of at least 15% of our revenues from the sales in the content, fashion, music, film, market segments within 12-18 months. The new initiative will be able to strengthen the EXXE Group portfolio and add a significant amount of revenue to our overall business. By featuring leading artists and fashion designers, Exxe is primed to achieve considerable potential revenue and a global reach.
Unique, Integrated Metaverse Services
Via its Seven Horns Films business, Exxe has years of experience in the global film business including film production and marketing, high profile film festival events in China, and digital community building in Asia and Europe. Feature film and limited series library of scripts under review for AXXA metaverse fund matching are expected to each generate 1.5 million USD in revenue in East Asian distribution including China. Today, Exxe is leveraging these activities via plans to continue featuring film festivals in the physical world and introducing them in a simultaneous virtual environment. In addition, the Company will offer concert promotion and production, along with similar services associated with educational seminars, forums, and events. Separately, Exxe management has considerable background in the fashion industry which will be leveraged to showcase physical and digital fashion events and produce exclusive, limited edition images and tokens, along with unique products.
Based on its current roadmap, Exxe management has constructed one of the most diversified and vertically integrated services suites in the Metaverse. Exxe's 1Myle Crypto recently added 20 major coins and offers integrated payment processing fintech solutions for a broad base of physical and digital entertainment content, promotion events, and products (NFTs) as well as digital marketing communities. There might be no other company in the Metaverse that can offer this integrated suite of services.
The Company has partnerships in the US, China, and Europe which will enable Exxe to build on its broad, global digital communities. For customers seeking to leverage its services and reach, all business can be transacted through Exxe's 1Myle digital currency exchange and payments system. In general, offering simultaneous physical and digital events serves as a major advantage for the Company versus those firms focused on physical or digital, exclusively.
Exxe boasts deep relationships with leading fashion directors and designers that have graced the covers of top magazines and fashion shows, artists, community builders, digital marketers, digital land acquirers, and others. The Company plans to leverage these relationships via new product/services innovation including token design and implementation, images, gaming coins, interactive applications, etc. Innovation for the Metaverse Initiative will be led by a newly formed division inside of the AXXA Venture Fund, which in itself can take advantage of innovation inside of the group focused on the Metaverse.
Exxe takes an agnostic approach to the Metaverse. It is this approach that ensures Exxe's solutions offer compatibility with a number of games and platforms enabling a broad selection can select from its deep pool of experienced land acquirers, specialist artists, animators, cartoonists, digital marketers, and community builders to its clients seeking to build virtual environments, NFTs, cities, events, etc. Considering that the digital events segment is expected to be one of the most popular services in 2022, Exxe is poised to quickly grow revenue and market share, with additional platforms and products to be introduced throughout the year.
Dr. Eduard Nazmiev, Exxe Group CEO commented on the Metaverse opportunities in 2022. "Exxe also plans to drive community mobilization led by artists and popular figures in the entertainment world. This diversified strategy of Metaverse growth through building its own assets and offering cutting-edge digital services in entertainment and payment processing is designed to grow Exxe's status, reach and value, along with recurring revenue. We also plan to serve as an owner and operator ourselves via property and other asset acquisitions and leverage our community building which should drive revenue across the board."
About Exxe Group
Exxe Group is a diversified fintech corporation focusing on acquisitions in the following sectors: private equity, venture capital, real estate, sustainability, media, agribusiness, and financial services. Exxe Group is an acquisition-driven company. The Company strategy is to acquire controlling equity interests in undervalued companies and undertake an active role in improving their performance – accelerating their growth by providing both access to capital and management expertise.
For additional information please visit the Company's website: http://www.exxegroup.com/
Twitter: https://twitter.com/exxegroup
Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainties, and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release.
CONTACT: Exxe Group IR: info@exxegroup.com
SOURCE: Exxe Group, Inc.

View source version on accesswire.com:
https://www.accesswire.com/681328/Exxe-Group-Launches-New-Entertainment-Centric-Digital-Footprint-in-Metaverse-Initiative

It's time to abandon today’s obsession with empty growth, the CNBC host says.
GameStop’s (GME) stock is surging in after-hours after a report that the video game retailer is launching a marketplace for nonfungible tokens (NFTs). The company has a link on the GameStop URL soliciting creators in the NFT marketplace.
What happened Shares of plant-based meat company Beyond Meat (NASDAQ: BYND) soared on Thursday — a day late. The company made a big announcement on Wednesday, and the stock spiked higher in pre-market trading.
(Bloomberg) — Humana Inc. shares plunged the most intraday in 13 years, dragging down rivals’ stocks, after the health insurer cut its forecast for Medicare membership growth by about half.Humana expects to add 150,000 to 200,000 new members in Medicare Advantage plans this year, down from an earlier estimate of 325,000 to 375,000, the company said Thursday in a filing. The insurer cited higher-than-expected terminations during the recent enrollment window for 2022 Medicare coverage. Shares of
The stock's activity could lead to a false bullish narrative
Shares of Teladoc Health (NYSE: TDOC) were sinking 11.3% this week as of the market close on Thursday, based on data from S&P Global Market Intelligence. The only announcement from Teladoc was that it plans to participate in the virtual J.P. Morgan Healthcare Conference next week. Second, the overall stock market has been highly volatile, with the Federal Reserve confirming that interest rate hikes are on the way.
Bad news for investors who own CrowdStrike (NASDAQ: CRWD): This morning, Piper Sandler cut its price target on your stock by 17%, to $250 a share. Good news for CrowdStrike shareholders: Piper's $250 price target still leaves room for CrowdStrike shares to rise 32% this year, and as of 2:45 p.m. ET, CrowdStrike stock is up 5.7% in response. Piper Sandler recognizes that fact, and is maintaining its overweight rating on the shares — and not just Piper Sandler, either, because just yesterday, Wells Fargo initiated coverage of CrowdStrike with an overweight rating of its own.
(Bloomberg) — A near-record number of tech stocks have plunged by some 50% in an echo of the dot-com crash.Roughly four in every 10 companies on the Nasdaq Composite Index have seen their market values cut in half from their 52-week highs, while the majority of gauge members are mired in bear markets, according to Jason Goepfert, chief research officer at Sundial Capital Research. “Whatever the fundamental and macro considerations, there is no doubt that investors have been selling first and tr
The stocks of Lucid Group (NASDAQ: LCID) and Nio (NYSE: NIO) are each down between 20% and 30% since the start of December 2021. As of 1:50 p.m. ET, shares of Lucid and Nio were down 4.7% and 2.2%, respectively. While shares have been trending down with the tech market recently, Lucid and Nio may be getting affected a bit by Tesla right now.
A tepid market rally fizzled Thursday as bond yields kept rising. Meme stocks rallied, led by Trump stock DWAC.
(Bloomberg) — The blank-check company set to bring Donald Trump’s media company public rallied along with other stocks tied to the former president after news his social media app is close to making its debut.The Truth Social network app, a piece of Trump’s plans for a media and tech empire, is expected to be available starting Feb. 21, according to a posting in Apple’s App Store. Shares of Digital World Acquisition Corp., the company set to merge with Trump Media & Technology Group, spiked 20%
The key to investment success in 2022 is likely to be diversity; that is, a broad range of portfolio allocations that spread investment money across multiple sectors. In short, don’t put all of your eggs into one basket. Last year saw tremendous gains – some 29% on the S&P 500 – fueled by better-than-expected earnings. The rebound from the short, sharp 2020 COVID recession was real, but may have also given investors a distorted picture of the markets. For starters, the supply chain disruptions o
U.S.-listed shares of Alibaba Group Holding Ltd. have come under pressure in recent months amid concerns about U.S.-China tensions and a slowdown in the company's key business, but one analyst says the bigger picture still looks good.
Amazon announced a deal to purchase electric delivery vans from Stellantis NV, a threat to its Rivian partnership.
Volatile technology stocks aren't for the fainthearted, but they could deliver big rewards for investors as part of a balanced portfolio.
After going public in December 2020, Upstart Holdings' (NASDAQ: UPST) stock has been on a roller-coaster ride, skyrocketing more than 13-fold in 10 months before finishing 2021 up only 271% on the year. Upstart's lending platform aims to make credit accessible to more borrowers by using artificial intelligence (AI) to capture details that FICO scores might miss, while supporting volume growth and lowering costs for lenders. Down about two-thirds from its recent highs, Upstart's stock is trading at levels it hasn't been at since last July, and investors might be wondering if it's a buy today.
Building on gains won through an endorsement by Charlie Munger yesterday, Chinese tech stock Alibaba Group (NYSE: BABA) continued to soar higher on Thursday. As of 12:15 p.m. ET, Alibaba shares are up 4.7% — and you can probably thank Benchmark Capital for that. Benchmark, you see, gave Alibaba a kind of backhanded compliment this morning.
Hundreds of Chinese companies are listed on U.S. markets. But which are the best Chinese stocks to buy or watch right now? JD.com , Nio, Li Auto, Xpeng and BYD Co.. China is the world's most-populous nation and the second-largest economy with a booming urban middle class and amazing entrepreneurial activity.
Munger says things are 'crazier' than the dot-com bubble. But he still likes this stock.
Shares of solar energy stock Enphase Energy (NASDAQ: ENPH) fell as much as 7.2% in trading on Thursday after the Federal Reserve released minutes from its most recent meeting. The Federal Reserve said in minutes from its most recent meeting that it may need to raise rates sooner than expected. As a result, yields rose in the market with the 10-year Treasury rising two basis points today, and yields are now up 29 basis points over the past month.

source

Leave a Reply

Your email address will not be published. Required fields are marked *