Vancouver, British Columbia--(Newsfile Corp. - February 10, 2022) - iMining Technologies Inc. (TSXV: IMIN) (the "Company" or "iMining") is pleased to announce it has launched Metaverse Advisory Group Inc., a wholly-owned subsidiary focused on investing, developing and managing Metaverse Properties and NFTs. Metaverse Advisory Group provides direct exposure to Metaverse and NFT sectors for BitBit Financial Inc. customers and iMining shareholders.
Metaverse Advisory Group will be led by iMining's CTO, Dwain Pereira, along with an experienced Virtual Reality and technology development team.
With this launch, iMining has developed an infrastructure to become a Web3.0 technology company. Web3.0 is the next evolution in computing and information technology, after the transition from Web1.0 to Web2.0, as early-stage applications of this technology are already here. Web3.0 will bring together the convergence of Augmented and Virtual Reality technology, IOT devices, distributed ledger technology (blockchain), Artificial Intelligence and Machine learning.
Metaverse Advisory Group is a virtual NFT based real estate company that will develop and manage a portfolio of Virtual properties in major blockchain-based Metaverses including Decentraland and The Sandbox.
"The Metaverse is a game-changer for how advertisers and brands market their products. Physical and virtual real estate are extremely similar and as more people congregate in these virtual cities, the land becomes more sought after for its ability to reach a new global demographic. Brands like Sotheby's1, Samsung2, Carrefour3, Australian Open4, are launching in the Metaverse," commented CTO, Dwain Pereira of iMining. "Firms such as Goldman Sachs5, Morgan Stanley6 and Grayscale7 are all seeing Metaverse as a Multi-Trillion Dollar Opportunity."
"We are on the cusp of a major technological transformation with the advent of new technology and the evolution of existing technologies, which changes how people interact with...