December 18, 2024

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Liquid Avatar Technologies Powers Aftermath Islands’ Proof of Humanity Engaging Users to Collect 1 Billion+ Platform Resources Creating 1.2 Million+ NFTs for its Metaverse

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Firm’s profitable 100+ day early-stage launch creates new industrial alternatives for enlargement of verifiable credentials, digital items and providers and the Metaverse.

Toronto, Ontario and Bridgetown, Barbados–(Newsfile Corp. – February 1, 2023) – Liquid Avatar Technologies Inc. (CSE: LQID) (OTCQB: LQAVF) (FSE: 4T5) (“Liquid Avatar” or the “Company”) is happy to announce the continued enlargement of use of the Liquid Avatar Cellular App and Meta Park Cross”, providing Proof of Humanity, allowing users to remain anonymous, but still verify that they are a real person, through blockchain based verifiable credentials, working to eliminate fraudulent activities, duplicate and fake accounts and bots. Deploying the technology to its controlled subsidiary’s Aftermath Islands Metaverse Play to Earn game, Lost Kingdom of T’Sara, the Meta Park Pass” has been efficiently utilized permitting customers to register with their biometrics, eliminating username and passwords, proving that each one customers are real folks, with only one account, and supporting the gathering over 1 billion gaming assets, ensuing within the creation of over 1.2 million Useful resource Pack NFTs to be used within the Aftermath Islands Metaverse.

Users are partaking for upwards of 70 minutes per day on the platform and have collected quite a lot of in-game assets, that they’ve then transformed to Useful resource Pack NFTs that will probably be used, crafted, traded, and consumed within the Aftermath Islands Metaverse as a part of platform actions, permitting the NFTs and the underlying blockchain know-how to assist in-game stock administration. These additionally embrace the power to work, play, study, earn, entertain, create, and socialize inside the Aftermath Islands Metaverse.

Aftermath Islands Metaverse Restricted has generated over $2 million in retail gross sales since late 2021 and proceed to generate gross sales on a month-to-month foundation. Because the Firm works to launch its full Metaverse platform, these revenues are recorded, underneath IFRS tips, as deferred income, till such time that the Aftermath Islands Metaverse meets additional launch necessities. Nevertheless, the Firm has had entry to the proceeds for working capital.

In late This autumn 2022, the Firm additionally efficiently launched its first Aftermath Islands Metaverse servers that present customers with a high-fidelity graphics expertise, just like reasonable console gaming, with no obtain, offering an easy-to-use expertise just like streaming providers, on virtually any cell, pill or computing gadget. The open platform is out there for early engagement at play.aftermathislands.com.

The Aftermath Islands Metaverse additionally seamlessly incorporates the power for organizations and enterprises to leverage their present web sites and eCommerce actions by permitting customers to click on on an merchandise within the Aftermath Islands Metaverse, creating a brand new browser tab that show’s the group’s web site, eCommerce packages and social media. Aftermath Islands is likely one of the first to utterly combine Web2 and Web3 actions in a single click on.

As one of many first of its variety, the Liquid Avatar Cellular App may also be used to create a bunch of different credentials which have been already examined for presidency stage entry for journey and age verification. The Firm can also be designing credentials with makes use of that embrace on-line entry, validation and advertising within the Metaverse and all through the Web3 ecosystem. Whereas the Firm is able to deploy to comfort shops and different age restricted packages, present market and financial priorities have prompted delays of the rollout of Ontario’s and different jurisdiction’s Digital Id packages. Liquid Avatar is at present increasing its packages to different on-line and industrial alternatives which can be keen to make use of verifiable credentials to make sure that their customers are actual, distinctive people and have solely a single account.

David Lucatch, CEO of Liquid Avatar Technologies Inc. and Managing Director of Aftermath Islands Metaverse Restricted commented, “Despite the various market challenges, we have launched and continue to accelerate verifiable credentials. Use of these credentials by Aftermath Islands and its programs continues to reinforce our focus, not only on building a Metaverse with wide appeal, but promoting the positive sentiment that we are seeing from users that have embraced the Liquid Avatar Mobile App and the Meta Park Pass as participants in an ecosystem that insures users are real and that they don’t have to worry about fake or multiple account holders, phishing attempts, bots and other nefarious actors. Our core efforts remain squarely on digital identity, avatars, digital good and services and the Metaverse and we believe that by providing seamless, no download experiences, wide availability on a host of devices and the integration of Web2 with Web3, we will continue to see revenues, engagement, and growth.”

The Firm can also be persevering with to work on its LQID Metaverse Rewards cost card program and is awaiting remaining community and cost processor approvals. The Liquid Shopz program is at present a part of the LQID Rewards program, and the Firm is at present reviewing stand alone vendor and affiliate packages for its Metaverse actions and consumer packages. The Firm will present additional updates as they turn into obtainable.

The Firm would additionally like to specific its appreciation to outgoing board member, Mr. Jeff Mesina for his contribution to the Firm’s development and we respect the consideration and assist he has supplied during the last a number of years. Mr. Mesina has resigned to pursue different endeavours and the Firm needs him each success.

The Firm would additionally like to offer an replace on its August 3, 2022, announcement concerning a dedication letter Aftermath Islands Metaverse had acquired from world funding group LDA Capital. As a result of extended lower within the costs and discount in market capitalization that a number of sectors have been experiencing during the last a number of months, and along side the evolving regulatory circumstances, Aftermath Islands Metaverse has chosen to not actively pursue this chance at the moment.

To evaluate a demo of the Liquid Avatar Cellular App and the Meta Park Cross”, please visit https://www.youtube.com/watch?v=gQdt9IqA37o&ab_channel=LiquidAvatar.

For more information on Liquid Avatar Technologies Inc., please sign up for our newsletter and email list at: https://hello.liquidavatar.com/liquid-avatar-updates.

About Liquid Avatar Technologies Inc. – www.liquidavatartechnologies.com

Liquid Avatar Technologies Inc. focuses on the verification, management and monetization of Self Sovereign Identity, empowering users to control and benefit from the use of their online identity.

The Liquid Avatar Mobile App, available in the Apple App Store and Google Play, is a verified Self Sovereign Identity platform that empowers users to create high quality digital icons representing their online personas. These icons will allow users to manage and control their digital identity and Verifiable Access and Identity Credentials, and to use Liquid Avatars to share public and permission based private data when they want and with whom they want.

The Liquid Avatar Verifiable Credentials Ecosystem (LAVCE) has been developed to support all participants in a digital credential ecosystem, including the Holder, Issuer and Verifier, using state-of-the-art blockchain and open standards technologies initially as a node on the Indicio Network. The Company is a voting and steering committee member of the Trust over IP Foundation, founding and steering committee member of Cardea, a Linux Foundation Public Health project, member of the Good Health Pass collaborative, DIACC and the Covid Credentials Initiative (“CCI”).

The Meta Park Pass is a W3C verifiable credential designed for interoperability. The Meta Park Pass contains a verified phone number with country code and an AI reviewed self-attested age and can be expanded to include other unique credentials. Users will be able to login into multiple supported Metaverses with little friction and the platform knows they are a real and unique user. Additional credentials can grant access as each Metaverse matures and provides additional services and experiences.

The Company has a suite of early-stage programs that support the Liquid Avatar Mobile App program, including Liquid Shopz, a cash back and reward program that has over 600 leading online merchants, which is in the pre-launch phase, and is working to release its own branded network payment card in the United States, the LQID Card, with the world’s first Metaverse Rewards program which remains in development.

The Company’s subsidiary, Oasis Digital Studios,is a creative and development agency that is focused on providing digital goods and services expertise to its clients.

Liquid Avatar Technologies Inc. is publicly listed on the Canadian Securities Exchange (CSE) under the symbol “LQID” (CSE: LQID).

The Company also trades in the United States, on the OTCQB under the symbol “LQAVF” and in Frankfurt under the symbol “4T5”.

If you have not already joined our mailing list and would like to receive updates on Liquid Avatar Technologies Inc., please visit https://hello.liquidavatar.com/liquid-avatar-updates.

For more information, please visit www.liquidavatartechnologies.com.

About Aftermath Islands Metaverse Restricted – www.aftermathislands.com

Aftermath Islands Metaverse Limited is a Barbados corporation, which is 50% owned and is controlled by Oasis Digital Studios Limited, a wholly owned subsidiary of Liquid Avatar Technologies Inc (CSE: LQID) (OTCQB: LQAVF).

Aftermath Islands Metaverse is an open-world, realistic graphic virtual world where users can buy, develop, trade, and sell Virtual Land (VL), property and items, like buildings, crafted items, transport, and other items all through in-game collectible NFTs, a non-fungible token that represents the ownership of virtual and other items. Built on cutting-edge blockchain technologies and using GPU cloud servers, pixel streaming, and the high-fidelity graphics of Unreal Engine 5, Aftermath Islands delivers rich, no download, browser-based experiences for users on desktops, mobile devices and tablets.

From play-to-earn games, including the Lost Kingdom of T’Sara, to online experiences, collaboration, immersive entertainment, and more, Aftermath Islands brings live streaming, high-definition graphics, exemplary interactivity, real-world mechanics, and countless new services and experiences to players all around the world. The platform is built on the philosophy of decentralization and economic inclusivity and promises to provide captivating experiences that allow people around the world to earn their way into virtual land ownership.

For more information about Aftermath Islands, please visit www.aftermathislands.com.

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