Recurring Revenue Generation Through Blockchain Tech and Proprietary Platforms
Platforms Solving Multiple Issues Within Industry
We all remember when Facebook decided to change their name to Meta. Holding the vision that the metaverse is the future was controversial at the time. However, that has passed as many fortune 500 companies have embraced the same vision. Such as...
McDonalds - Mcdonald's has filed patent applications indicating that it is inthe process of developing "virtual restaurants.”
Disney - Disney is developing a metaverse theme park. The company filed for a patent for a "virtualworld simulator."
Coca Cola - Coca-Cola recently auctioned its first NFT, a prize package on OpenSea for $575,000.
Gucci - Gucci opened Vault, a metaverse concept store selling "Supergucci" NFTs
Nike, Hyndai, Nascar, Bud Light, Adidas and many more have done the same.
That is what brings us to our feature alert this week.
MetaWorks Platforms, Inc. (CSE and OTCQB: MWRK)
Current .07 to .08/share
About MetaWorks Platforms, Inc.
MetaWorks Platforms, Inc. (CSE: MWRK and OTCQB: MWRK) is an award-winning Web3 company that owns and operates blockchain platforms in the entertainment technology space that empower Fortune 5000 brands to create and monetize content for their communities empowering their transition to Web3. MetaWorks Platforms owns and operates movie distribution platform Vuele.io and MusicFX.io, its fan engagement platform that creates deeper connections between fans and artists using Web3 technologies.
For more information on MetaWorks, please visit us at For more information on MetaWorks, please visit us at www.metaworksplatforms.io. For additional investor info, visit www.metaworksplatform.io or www.sedar.com, and www.sec.gov, searching MWRK.
MetaWorks Owns Several Very Lucrative Operating Subsidiaries
Business Model - Recurring Revenue Generation
MetaWorks, in collaboration with Crown & Ace, is taking the music world by storm with the launch of “MusicFX”.
MusicFX is an innovative NFT platform that uses blockchain technology to strengthen and grow the bond between the fan and the artist by delivering truly money can’t buy experiences in exchange for the support shown by the fans.
Platinum selling country music star Parker McCollum is the first artist to partner with MusicFX, launching his Gold Chain Cowboy Club exclusively on the platform, and creating the world’s first fan club NFT – the Gold Chain Cowboy Club Black Card.
The VUELE™ platform (vuele.io) is a partnership between MetaWorks and Enderby Entertainment. VUELE™’s aim is to revolutionize the entertainment industry to the benefit of both content producers and the consumer.
Representing the first-ever direct-to-consumer viewing platform utilizing NFT technology, VUELE will provide a stage for international film distribution, streaming of feature length movies, and digital film memorabilia.
VUELE™’s use of blockchain technology and NFT’s, will allow it to not only reach audiences with its feature films, but also provide additional value-added content in the form of NFTs offering (but not limited to) behind the scenes content, bonus features, exclusive Q&As, and memorabilia.
The debut movie for VUELE stars Academy Award-winning actor, Anthony Hopkins, along with an established cast of international actors, in ZERO CONTACT.
By joining the VUELE™ platform members can qualify to become part of this exciting new way forward for global entertainment, allowing them to watch, collect, sell, and trade VUELE™’s exclusive NFT content.
The first VUELE™ NFT drops commence late Summer 2021.
MetaWorks partnered with the world leaders in collector car auctions Barrett-Jackson to create and launch “Motoclub”.
Motoclub is the world’s first dedicated platform for the creation and sale of collectible NFTs based on premier automotive vehicles and memorabilia.
The “Barrett-Jackson Prestige Collection”, containing four exclusive NFTs, went on sale in June 2021, smashing all sales revenue expectations.
The Motoclub partnership continues to go from strength-to-strength, as Barrett-Jackson continues to offer highly desirable cars for CurrencyWorks to curate into the platform for enthusiasts to buy, sell and trade.
BITRAIL (One of our favorites)
MetaWorks developed BitRail, a blockchain platform so that exchanges would be able to accept Bitcoin as a form of payment. The platform allows e-commerce providers to operate regulatory compliant cryptocurrencies for payments in accordance with state money transmitter laws and FinCEN.
MetaWorks announced the creation of a token reporting system for exchanges in December of 2020, providing various integration services, as well as a Testnet and smart contract platforms to be used to test and validate the process of issuing security tokens.
FREEDOMCOINA stable token designed for BITRAIL
MetaWorks leveraged BitRail to build FreedomCoin, a regulated cryptocurrency powered by BitRail for merchants.
FreedomCoin is designed for inexpensive, instant, and secure payments and money transfers. It demystified digital currencies, formerly an abstract idea reserved for BitCoin holders, and empowered normal consumers to realize the power of digital currencies by enabling payments for everyday purchases.
The coin developed for G-u-nBroker, an online marketplace that lets users buy and sell hunting, outdoor sports, and firearms products.
MetaWorks is partnering with CSE and Odyssey Trust Company to build a security token reporting system.
Through the blockchain platform, a unique security token can be associated with each issuer on the CSE that opts into the platform, enabling Odyssey Trust to provide issuers with deeper reporting information and enhanced transfer agent services.
The blockchain reporting system will run parallel to the existing clearing and settlement services for CSE issuers.
MetaWorks partnered with technology and image software behemoth Kodak to build one of the first platforms to generate significant revenue in the blockchain space, forever changing image licensing.
The KodakOne Image Rights Management Platform, a Post Licensing Portal component of the KodakOne platform, created an encrypted, digital ledger of ownership rights, an archival system, and a licensing vehicle for photographers, all with built-in transaction processing.
MetaWorks worked closely with Kodak to build the platform in just six weeks in anticipation of a major launch at CES. The ICO resulted in a 44% jump in the company’s stock, and the platform went on to generate more than $1 million in photo licensing claims in the months that followed. The media campaign MetaWorks managed for the launch generated 261 media hits and more than 2 billion impressions.
MetaWorks partnered with these two nostalgic brands to turn the $100,000 Garbage Pail Kids Series 1 inventory into non-fungible digital collectibles. The digital collectible packs were available in five-card packs for $4.99 and 30-card packs for $24.99, and could be held in digital wallets or traded on the platform. The first release sold out in just over 24 hours.
The MetaWorks collectibles platform built to power transactions included features for:
Issuance: Branded digital collectibles created as NFTs (non-fungible tokens) on the WAX blockchain
Provenance: Scarcity and ownership history authenticated on the WAX blockchain
Security: Smart contracts and digital wallets to buy, hold, or trade digital collectibles within communities
Monetization: Payment processing integrated for purchases of the digital collectibles
MetaWorks Metaverse Platform - Note several announcements pending
You've gotta love these business segments especially from an entrepreneurial mindset, right?
Recent News and Developments
MetaWorks’ MusicFX Chosen as Official Ticketing, Wallet and NFT Partner for FreakNik Festival's Documentary “FreakNik: The Wildest Party Never Told” to Air on Hulu
MusicFX has partnered with After 9 Partners, LLC to provide digital ticketing for the 40th celebration of the FreakNik Festival. MetaWorks will create a collectable FreakNik Festival proof of attendance NFT for this event that will only be available to guest that attend the Festival.
Fairfield, CA., April 19, 2023 (GLOBE NEWSWIRE) -- MetaWorks Platforms, Inc. (“MetaWorks” or the “Company”), (CSE: MWRK and OTCQB: MWRK), an award-winning, full-service Web3 blockchain platform provider, is pleased to announce that it has partnered with Atlanta based promotional and events Company After 9 Partners, LLC as its official ticketing, wallet and NFT partner for the taping of the FreakNik Festival documentary on May 7th, 2023 scheduled for release on Hulu.
FreakNik originated in the mid-1980s in Atlanta as a modest spring break picnic organized for students from local Historically Black Colleges and Universities (HBCUs). FreakNik is not only a captivating story that showcases how Atlanta became the foundation of Black culture as it is today, but also highlights the fusion of various cultural elements, including music, politics, and societal dynamics from the late 80s and 90s, all the way to the present day.
MusicFX was created to radically improve the connection between music artists and their fans. The first pain point in that relationship is ticketing. We launched our FoundersX all access NFT membership as an immediate way of creating unique, one of a kind experiences for Music Fans. The goal of MusicFX is to make the process of ticketing a safe, fun and affordable one that controls the costs for the fans, improve the returns for the artists and use NFTs to create a closer connection to both the fan and the artists.
We’ll be launching a new blockchain-based NFT ticketing platform by the end of the year that completely eliminates the secondary market ticketing process where middlemen mark tickets up 5 to 20 times from their face value with neither the fan nor the artists benefiting. FreakNik is our first event where we utilize digital wallets, the blockchain and NFT’s to drive real value to music, concert and eventgoers.
MusicFX is proud to be a part of representing the rich history and impact of FreakNik on urban culture. Through its innovative platform, MusicFX will provide fans with a secure and seamless way to access the documentary taping, while also enabling them to share their unique FreakNik experience. This cutting-edge technology will allow fans to be part of the festival's legacy, creating a truly immersive and memorable event for all attendees.
"We are thrilled to be listed as a co-producer alongside the events operator Carlos Neal for the FreakNik documentary FreakNik: The Wildest Party Never Told” to Air on Hulu," said Scott Gallagher, President of MetaWorks. "This festival has been a cultural phenomenon, and we are honored to showcase its positive impact and influence on music, culture and community through this exciting project." FULL ARTICLE
To register for presale codes for tickets click here: https://freaknikfest.com/.
MetaWorks Platforms Sells International Rights to ZERO CONTACT The First NFT as a Film (NAAM) Full-Length Movie Ever Made
Starring Anthony Hopkins
Fairfield, CA., April 26, 2023 (GLOBE NEWSWIRE) -- MetaWorks Platforms, Inc. (“MetaWorks” or the “Company”), (CSE: MWRK and OTCQB: MWRK), an award-winning Web3 company that owns and operates blockchain platforms in the entertainment technology space, is pleased to announce that it has entered into an agreement with Opus One Pictures to sell the international rights to the first full length NFT as a Film (NAAM) movie ever made, Zero Contact Starring Anthony Hopkins.
ZERO CONTACT made film history by becoming the first feature film to debut exclusively as an NFT on the VUELE™ NFT as a Movie (NAAM) platform. Vuele is the first direct-to-consumer, full-length feature film viewing and distribution platform delivering feature-length films and digital collectible entertainment content as NFTs. MetaWorks Platforms secured the services of successful filmmaker, producer and advisor Mr. George Furla to assist with this transaction.
MetaWorks President Scott Gallagher commented, “ZERO CONTACT is an important film from both a technology and social perspective having been filmed during the pandemic and becoming the first ever full length feature film to debut exclusively as an NFT on www.Vuele.io .” Gallagher went on to say, “We would like to thank Mr. George Furla, who advised us on the transaction to secure the sale of the international rights to Opus One and look forward to working together to build the Vuele NAAM platform.” FULL ARTICLE
MetaWorks' Acquires Equity Stake in Film Production and Distribution Company Bronze Bull Entertainment
Company Expands Access to Content and Film Deals for its Web3 Movie Platform Vuele
Fairfield, CA., May 12, 2023 (GLOBE NEWSWIRE) -- MetaWorks Platforms, Inc. (“MetaWorks” or the “Company”), (CSE: MWRK and OTCQB: MWRK), an award-winning Web3 company that owns and operates blockchain platforms, including its Web3 film distribution platform www.Vuele.io, in the entertainment technology space, is pleased to announce that it has acquired a 10% equity stake in newly formed movie production and distribution Company Bronze Bull Entertainment (BBE).
Bronze Bull Entertainment is led by successful executive producer and filmmaker George Furla and finance professional Rick Bach. BBE is focused on financing, producing, and distributing films in the US and internationally. Mr. Furla’s films have produced multiple Oscar nominations and over $1 Billion at the global box office. Mr. Bach has been involved in the financing of film projects for over 30 years. He has closed financing deals of over $100 Million US over the course of his career. Mr. Furla and Mr. Bach have deep connections in the film and financing industries.
"In addition to exposing us to unique, high-quality content, this deal gives us direct access to over 30 years of experience in all facets of the film industry, from financing to production. We’re excited to leverage these types of new opportunities as we seek to expand and improve the experience and engagement for moviegoers around the world,” said Scott Gallagher, President of MetaWorks Platforms.
Bronze Bull Managing Partner Rick Bach commented, “Web3 technology and platforms like Vuele are changing how movie fans engage with content and creating new opportunities within the industry. We look forward to collaborating with the team at MetaWorks on several film projects already in our pipeline to create new revenue opportunities for film producers and distributors.” FULL ARTICLE
MetaWorks to Launch New Blockchain Based NFT Ticketing Solution at Breathe Convention in Las Vegas
New NFT Ticketing Platform Will Eliminate Scalping and Drive Secondary Market Sales for the Benefit of Artists, Venue Promoters and the Fans
Fairfield, CA., May 16, 2023 (GLOBE NEWSWIRE) -- MetaWorks Platforms, Inc. (“MetaWorks” or the “Company”), (CSE: MWRK and OTCQB: MWRK), an award-winning Web3 company that owns and operates blockchain platforms in the entertainment technology space, is pleased to announce that it will launch version 1.0 of its Blockchain based NFT event ticketing system and decentralized wallet product, WalletFX, at the Breathe Convention in Las Vegas from September 13 to September 15, 2023.
MetaWorks Platforms President Scott Gallagher commented, “Ticketing is one of those rare areas where the core problems can be solved by properly applied technology. Blockchain, NFTs and Smart Contracts done right will be able to completely eradicate the unnecessary scalping and pricing problems caused by the current system. Our platform will bring both the power and the revenue back where it belongs, to the fans and the artists.” Gallagher went on to say, “Removing the purchasing friction typically associated with Web3 and improving the speed of transactions will be the key to the success of the platform. Our goal is to launch a platform on the MetaWorks blockchain that eliminates scalping, allows the artist to control pricing, and monetize the secondary market while creating a positive experience for the fans.”
In many cases today, ticket bots are used by licensed sources to buy tickets and resell them at a profit. This occurs at everything from sporting events to popular festivals and concerts. A recent report by Imperva titled “How Bots Effect Ticketing”, found that nearly 40% of ticket purchasing was attributed to bots. The report also found that 32 ticketing domains had over 40% bad bot traffic.
The MetaWorks private EVM blockchain will play a key role in addressing these issues as any NFT tickets sold on the platform will only be allowed to be resold on the MetaWorks blockchain under a set of rules created by the artists or producer of the event. This model allows artists to capture secondary market revenue opportunities while limiting the maximum per ticket price and can be customized for each event. FULL ARTICLE
Management
We will have an updated report on MWRK soon.
The Team
https://mailchi.mp/broadstreetalerts/largest-potential-near-term-upside-94589?e=[UNIQID]
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