Life Clips Subsidiary Belfrics Group Launches NFT stage

Targets NFTs from craftsmen and content makers across collectibles, gaming, images, stock, etc.
Belfrics will make a careful approval cycle to dispose of scamsters and fake NFTsPlans to grow its activities across 10 nations inside 6 months

AVENTURA, Fla. also, MUMBAI, India, April 21, 2022 (GLOBE NEWSWIRE) – – Life Clips, Inc. (OTC Pink: LCLP) (the “Company”) today declared its Belfrics Group auxiliary, one of India’s initial adopters of blockchain and digital money, has sent off a Non-fungible Token (NFT) trade stage – BelNFT. This send off is essential for a bigger business technique of Belfrics Group, which as of late declared an extension of its blockchain and crypto activities in India. The BelNFT stage will help clients tokenize their genuine resources and give a market to purchase, sell, or exchange the NFTs a safe and got manner.

Praveen Kumar, Founder and CEO of Belfrics Group, said, “The launch of BelNFT enables us to diversify our services and offer a larger pool of investment options for our customers. The NFT universe has exploded in the last year and is poised to grow by $147.24 billion by 2026, which is a compound annual growth rate of 35%. Having said that, our initial focus would be to ensure a seamless verification process of the NFTs listed on our platform. Hence, we have created a unique process to validate every NFT trade on BelNFT so our customers could buy authentic assets at the right price.”

BelNFT will tokenize NFTs like collectibles, works of art, music, gaming, virtual resources, images, space names, stock, and other investable resources. Praveen Kumar added, “Our focus here is to create repositories with authentic metadata as the world is moving Web 2.0 to Web 3.0. With BelNFT, we are developing a platform which will not only promote the digital assets of artists and creators, but would also aim at developing tangible asset backed NFTs as well. Our identity specific Belrium blockchain will play a crucial role in addressing some of the complex regulatory requirements these new-age assets might face in the near future.”

Satish Shekar, Director of Operations for BelfricsBT, said, “A large section of the Indian population is unaware of NFTs, crypto currencies and the metaverse. This is quite similar to the lack of understanding that people had for online shopping in the late nineties. To break this deadlock, BelNFTs would be in the form of digital assets created on blockchain with unique encryption codes that can be validated for authenticity and ownership. The BelNFT exchange platform will have cultural heritage forms of artworks which will be converted into NFTs for buyers and collectors to have the ownership of it.”

Life Clips CEO, Robert Grinberg, said, “Moving forward, the BelNFT exchange platform will be another source of revenue for Life Clips. Belfrics entry into the NFT market comes on the heels of our announcement that Life Clips eliminated all of its nearly $4 million in outstanding convertible debt by paying the outstanding amounts in Belrium. NFTs are an exciting new asset class that are immutable and exchangeable, and investors around the world are eager to stake their claims in this new ecosystem. The market is driven by increasing demand for digital artworks, growing investment in digital assets, and security and ownership of digital assets. The BelNFT exchange platform will play a big role in the future of financial investing for many people.”

About Us

Life Clips is the parent organization of Belfrics Global and Cognitive Apps Software Solutions Inc. Belfrics Global is a Malaysian based blockchain supplier and digital money trade and stage that is authorized and directed by Labuan Financial Services Authority (LFSA), Malaysia. With 10 functional workplaces in 8 nations, Belfrics’ multi-highlight exchanging stage offers computerized resources, digital currencies, and crypto subordinate agreements to its clients. Belfrics blockchain has been perceived by Gartner similar to a main 10 blockchain with regards to true activities and has gotten a patent for its Belrium KYC confirmation System (BKVS) by the Nigerian patent power. Mental Apps is upsetting the space of emotional well-being with its discourse based, AI-controlled psychological well-being investigation stage that enables organizations to quantify, comprehend, and further develop the psychological prosperity of their workers, patients, and clients. Aiki conveys CBT and IPT treatments utilizing a chatbot which and remembers the voice examination arrangement that takes for other wellbeing information from Apple and Google HealthKit to make a more exact investigation of one’s emotional well-being. Aiki was created to gain by the pattern towards computerized reasoning stages used by people and organizations to bring issues to light of workers’ psychological well-being. Mental Apps is created by a group of authorized psychotherapists that utilizes vocal biomarkers to evaluate for early indications of psychological wellness conditions, like pressure and discouragement. Aiki is accessible on Apple‘s App Store.

For more information on Life Clips visit www.lifeclips.com
For more information on Belfrics Global visit www.belfricsgroup.com
For more information on Cognitive Apps Software Solutions visit https://cogapps.com

Forward-Looking Statement Disclaimer
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be preceded by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. Forward-looking statements are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company’s control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements: (i) the initiation, timing, progress and results of the Company’s examination, fabricating and other improvement endeavors; (ii) the Company’s capacity to propel its items to effectively finish advancement and commercialization; (iii) the assembling, advancement, commercialization, and market acknowledgment of the Company’s items; (iv) the absence of adequate subsidizing to fund the item advancement and business activities; (v) serious organizations and innovations inside the Company’s business and presentation of contending items; (vi) the Company’s capacity to lay out and keep up with corporate joint efforts; (vii) loss of key administration faculty; (viii) the extent of assurance the Company can lay out and keep up with for protected innovation privileges covering its items and its capacity to work its business without encroaching the protected innovation freedoms of others; (ix) likely inability to conform to relevant wellbeing data protection and security regulations and other state and bureaucratic protection and security regulations; and (x) the trouble of foreseeing activities of the public authority and its guidelines. All forward-looking assertions remembered for this official statement are made uniquely as of the date of this official statement. The Company accepts no commitment to refresh any composed or oral forward-looking proclamation except if expected by law.

For Media and Investor Relations, satisfy contact:

David L. Kugelman
(866) 692-6847 Toll Free – U.S. and Canada
(404) 281-8556 Mobile and WhatsApp
dk@atlcp.com
Skype: kugsusa
https://www.linkedin.com/in/davidkugelman/

Source link
#Life #Clips #Subsidiary #Belfrics #Group #Launches #NFT #platform