Digital Currencies

Marketing Worldwide Corporation Deploys $MNS Token on Testnet

Marketing Worldwide Corporation, (OTC PINK:MWWC), ‘the Company’, has deployed the $MNS #Minosis BEP20 token on Testnet.

$MNS Token:

Marketing Worldwide Corporation (‘MWWC’), is pleased to announce that the $MNS token has been successfully deployed on the Testnet late last week as confirmed by our developing partners at BlockchainX (https://blockchainx.tech). $MNS is a BEP20 token, which is the standard for creating tokens on BSC, or using Binance Smart Chain development. The Company chose this platform because of the advantages BSC offers; such as:

  1. BSC is EVM Compatible (Switch from Ethereum to Binance seamlessly)
  2. The Ecosystem is aggressively Expanding
  3. Low Transaction Fees
  4. High speed performance for mass adoption
  5. AND… Borderless DeFi (allows bridging and cross-chain conversions)

More About the $MNS Token:

$MWWC’s #Minosis token is a deflationary token used to hedge against hyper-inflation, in order to preserve its value $MNS has coded into the smart contract features that will reduce the circulating supply. See below, some of the $MNS characteristics:

  1. Circulating Supply = 1 Trillion Tokens
  2. 1 % Burn
  3. BURN – a percentage of every token transaction (buy or sell) is burned by being sent automatically to a dead wallet address, and can typically be found on the bscscan token page under “holders”; hence reducing the circulating supply continuously.
  4. 1% Reflections
  5. REFLECTIONS – a percentage of every token transaction (buy or sell) is sent as a reward to loyal token holders. This encourages long term investing and token stability as people will see their token count go up over time; increasing the value of their portfolio.

Additional “Tokenomics” will be made public in an upcoming Press Release

$MNS Audit:

Marketing Worldwide has retained Cypher Shield (https://www.cyphershield.tech/) to audit the smart contract for the #Minosis $MNS token. This is a 5 to 7 day process that will go through the features and functions of the token; including its tokenomics and wallet addresses to look for inconsistencies or source code issues. When the findings are completed, Cypher Shield will generate a report for our BlockchainX development team to correct and/ or improve on. These types of audits are good for catching minor security flaws or issues that could be of concern to people who wish to invest.

The Company is looking to contract Certik (https://www.certik.com/) and Techrate (https://techrate.org/) for 2 additional audit credentials. ‘MWWC’ believes that the more validation through 3rd party audits will provide a sense of security in the crypto community. Additionally, there are companies like “Totally A Rug Pull” (#TARP) (https://www.totallyarugpull.com/) with their developers @MattMortier and @JustMoonshot that ‘MWWC’ would like to engage with to do a full smart contract scrub and report as well.

Marketing Worldwide is also considering a full DOX of the development team, which can be utilized through such companies as Doxed Token (#DOX) (https://doxedtoken.com/) @DoxedOfficial_ as another offical means of transparency.

$MNS Pre-Sale:

An official launch date has not yet been set for the #Minosis token ‘pre-sale’, but the company ‘road map’ suggests it will be available in the upcoming weeks. A step by step set of instructions in a future press release will outline “HOW TO BUY”, and purchasing tokens from the $MNS ‘pre-sale’ will be executed on the ‘Pancake Swap Exchange’ (https://pancakeswap.finance/swap).

The BlockchainX development team is assisting ‘MWWC’ with the CoinMarketCap (https://coinmarketcap.com/) and CoinGecko (https://www.coingecko.com/) listings; updates will follow when these applications are submitted under “fast-track” review.

“The $MNS pre-sale will allow large and small investors alike an equal opportunity to purchase tokens, and we are actively working with the BlockchainX development team to put ‘anti-bot’ and ‘anti-whale’ safeguards into place to protect the integrity of the launch” stated CEO Jason Schlenk. He continued, “We expect that a successful pre-sale can produce as much as $500,000 in liquidity for the token, which will be locked for a period of 1 year; essentially protecting investors ability to buy and sell the token without being *’honeypotted’.”

*A ‘Honeypot‘ is when liquidity is pulled from a token that prevents token buyers from being able to sell or liquidate their position, trapping them in the investment; and, are typically associated with rug pulls or scams.

Minosis.io:

The #Minosis website has been updated with a new ‘Minosis Token’ tab (https://minosis.io/MinosisToken.html), this will be the future home for the $MNS Token. There will be links to download the Whitepaper (business plan), the Token Contract Address, the “Road Map” (a timeline of milestones and events) and information regarding the ‘Tokenomics‘ (the economic features of the token).

Bianance/ Smart Chain Industry:

$MNS #Minosis ‘MWWC’ have entered an industry sector that has managed to exceed over $1.255 Billion in deposits in 2021 and over $15 million (USD) in daily token transactions; which is an increase of 487% from 2020. This is a small fraction of the world economy, as only 3.9% of the world’s population currently invests in #cryptocurrency; and is likely to increase exponentially as more and more countries begin to accept #BTC #ETH #LTC #DOGE and others as a fiat currency. Currently, most developers and #cryptomining vendors will accept any form of #cryptocurrency as payment for goods or services.

Sources: https://www.binance.org/en/blog/binance-smart-chain-2021-roadmap-vision-and-trends/

https://www.forbes.com/sites/youngjoseph/2021/10/30/binance-smart-chain-bnb-mega-rallies-to-90-billion–key-things-to-watch/?sh=54667ccd6a2c
https://maxyampolsky.medium.com/binance-smart-chain-bsc-top-5-blockchains-in-2022-2-5-fbbd6c6828c1
Crypto ownership new

“Marketing Worldwide is in the right place at the right time, we are excited to continue expanding our #cryptomining operations, and build off of the #Minosis platform with this new $MNS BEP20 extension. I am confident that the next press release, which will include the ‘Tokenomics’ of the ‘MWWC’ Minosis Token, will make it very apparent as to how the Company will benefit from this project,” said Jason Schlenk, CEO ‘MWWC’.

Contact Information

Twitter: @MWWCOfficial
Email: LetsConnect@marketingworldwide.co
Website: www.marketingworldwide.co

Forward Looking Statements:

This press release contains forward-looking statements. The words ‘believe,’ ‘may,’ ‘estimate,’ ‘continue,’ ‘anticipate,’ ‘intend,’ ‘should,’ ‘plan,’ ‘could,’ ‘target,’ ‘potential,’ ‘is likely,’ ‘will,’ ‘expect’ and similar expressions, as they relate to us, are intended to identify forward-looking statements. The Company has based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Some or all of the results anticipated by these forward-looking statements may not be achieved. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

SOURCE: Marketing Worldwide Corp. (“MWWC”)

Previous ArticleNext Article

Leave a Reply

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

Tokens.com Shares Positive Outlook on Ethereum Merge

Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or the “Company”), a publicly-traded company that invests in Web3 assets and builds businesses linked to crypto staking, the metaverse and play-to-earn gaming, shares its positive outlook on the upcoming Ethereum Merge and the impact to its staking business segment.

Ethereum, the most widely used blockchain for NFTs and Web3 metaverses, will be making a significant processing upgrade on or about September 15th. The upgrade, called the ‘Merge’, marks the transition from a proof-of-work mechanism, performed by crypto miners, to a proof-of-stake mechanism, performed by crypto stakers.

The upgrade will require 99.9% less energy consumption to validate transactions than the previous mining process. As a result, the Ethereum blockchain will no longer require miners, who will be fully replaced by stakers, like Tokens.com. The upgrade will also allow Ethereum to achieve greater scale, with faster transaction speeds and lower transaction fees. Ethereum’s native token, ETH, is the second largest cryptocurrency after Bitcoin with a market capitalization of approximately $200 billion.

Tokens.com has been staking ETH at scale since early 2021 and owns over 3,100 ETH. Tokens.com anticipates no impact to its operations through the completion of the Merge other than increased revenues. Subsequent to the Merge, it is expected that the compensation for staking ETH will increase from current levels.

“We have been early adopters of the shift to staking and are one of the first public companies to own and stake ETH at scale,” said Andrew Kiguel, CEO of Tokens.com. “Long-term mass adoption of Web3 and crypto requires a move to environmentally friendly processes. As a result, we have continued staking Ethereum, Solana, Polkadot and other layer one blockchains used in the creation of NFTs, metaverses and play-to-earn video games.”

Tokens.com is committed to only investing in tokens compatible with a staking platform due to its increased energy efficiency and environmental friendliness. In addition to its ETH token ownership, Tokens.com owns Polkadot and Solana used for its staking business, amongst other tokens.

About Tokens.com

Tokens.com Corp is a publicly traded company that invests in Web3 assets and builds Web3 businesses. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) play-to-earn crypto gaming. Tokens.com owns digital assets and operating businesses within each of these three segments.

Staking operations occur within Tokens.com. Metaverse operations occur within a subsidiary called Metaverse Group. Crypto gaming operations occur within a subsidiary called Hulk Labs. All three businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within Web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue generation.

Visit Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

Contacts

Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: contact@tokens.com

Jennifer Karkula, Head of Communications
Email: contact@tokens.com

Media: Ali Clarke – Talk Shop Media
Email: ali@talkshopmedia.com

iMining Arranges Private Placement

iMining Technologies Inc. (TSXV: IMIN) (the “Company” or “iMining”) announces that it has arranged a non-brokered private placement of up to $1,000,000 (the “Financing”) through the issuance of up to 11,764,705 units (the “Units”) at a price of $0.085 per Unit. Each Unit will be comprised of one common share and one common share purchase warrant (“Warrant”), with each Warrant entitling the holder to purchase one common share of iMining at a price of $0.21 per share for a period of 2 years, provided that in the event the closing price of the Company’s Shares is equal to or greater than $0.40 per share for 20 consecutive trading days, the Company may, by notice to the Warrant holders (which notice may be by way of general news release), reduce the remaining exercise period of the Warrants to not less than 30 days following the date of such notice.

Interested parties may contact the Company at investor@imining.com.

The proceeds of the private placement will be budgeted as follows:

Execution of mining infrastructure powered by Natural Gas$750,000
Marketing and other related activities$100,000  
Financing costs, filing and legal fees, commissions and G&A$150,000 
Total$1,000,000 

There is no material fact or material change about the Company that has not been generally disclosed.

Finders’ fees may be payable on this financing.

All securities issued pursuant to the Private Placement are subject to a hold period of four months plus one day from the date of issuance and the resale rules of applicable securities legislation. The closing of the Private Placement is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory, including the approval of the TSX Venture Exchange

About iMining Technologies Inc.

iMining is a publicly listed Web3.0 technology company developing technology for Crypto Mining, Decentralized Finance (“DeFi”) and Non-Fungible Tokens (“NFT”). iMining also owns BitBit Financial Inc., an ATM Network and crypto OTC Trading Platform for individual and institutions.

iMining investments are directly linked to the Bitcoin Mining, Crypto Trading, Decentralized Finance (“DeFI”) and Metaverse Non-Fungible Tokens (“NFTs”). With diverse blockchain investment and infrastructure solutions, iMining looks to be a leader in accelerating the growth of Web3.0 for the enterprise market. The Company’s operations include secure and sustainable cryptocurrency payments, staking, mining and digital asset investment designed for the scale and compliance requirements of institutional clients. iMining is committed to building strong global blockchain ecosystems and supporting inclusive access to digital tools and technologies.

ON BEHALF OF THE BOARD

Signed “Khurram Shroff“
Khurram Shroff, President & CEO

FOR FURTHER INFORMATION, please contact:
iMining Corporate Offices:
Saleem Moosa, Director
Email: investor@imining.com
Telephone: +1 (844) IMININC (464-6462)

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements
This news release contains certain forward-looking statements, which relate to future events or future performance, and reflect management’s current expectations and assumptions, and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected including, but not limited to, market conditions, availability of financing, actual results of activities, future cryptocurrency prices, operating risks, and other risks in the cryptocurrency industry. All the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required by applicable law.