Actor Aleks Paunovic and the Company’s Chief Business Officer Will Attend DIFF 2022 to Screen a Portion of HoK’s GenZeroes Series and Participate within the Annual Red Carpet Event
VANCOUVER, BC, Sept. 23, 2022 /CNW/ – Looking Glass Labs Ltd. (“LGL” or the “Company”) (NEO: NFTX) (OTC: LGSLF) (FRA: H1N), a leading Web3 platform specializing in non-fungible token (“NFT”) architecture, immersive metaverse environments, play-to-earn tokenization and digital asset royalty streams, proclaims that its wholly owned subsidiary, House of Kibaa (“HoK”), has been invited to display screen (the “Screening”) the primary 4 episodes of its GenZeroes live-action collection (“GenZeroes”) at the DaVinci International Film Festival (the “DIFF”). The Screening is scheduled to take place at The Grove in Los Angeles at 4:45 PM PST on Saturday, September 24, 2022.
The Screening is part of the Virtruvian Showcase and Leo Awards, happening from September 24-25 in southern California. Attending on behalf of the Company shall be Neil Stevenson-Moore, Chief Business Officer of HoK and Chief Product Officer of LGL. Aleks Paunovic, one of many stars of GenZeroes may also be in attendance for the Screening.
“Hard work and keenness are paying off for the HoK staff. Being invited to be a half of the DIFF is extraordinary. We are happy that the Company may have the chance to show a big a half of the GenZeroes collection to a new viewers,” mentioned Dorian Banks, Chief Executive Officer of LGL. “This is exciting for our staff and sit up for hearing concerning the audience’s reaction on the Screening from Aleks and Neil,” added Mr. Banks.
GenZeroes Live-Action Series
The GenZeroes live-action series consists of a set of four webisode and 4 comics, for a total of eight instalments. Based in the science fiction genre, the storyline is constructed across the GenZeroes NFT assortment. The sequence is NFT-integrated and stars Aleks Paunovic, a Canadian-born actor who has starred in Zero Contact and appeared in Hawkeye.1 Holders of GenZeroes NFTs have obtained unique access to episodes and other further perks. NFTs are becoming more outstanding within the leisure world and can provide creators new ways to work together with their audiences, raise cash to cowl production prices, create new distribution windows, and overall have the flexibility to higher sell movies and TV shows.2
The DIFF, a premier awards platform celebrating independent cinema and screenwriting across the world, was founded in 2017. DIFF is well-known for its prestigious Leo Awards, It honours filmmakers in long and quick narrative, documentary, animation, and screenwriting categories at its red carpet events. The DIFF is about to launch a model new program, the DaVinci Film Institute to assist inventive minds develop their concepts in multiple areas in a Jr. Leo program. More details about the DIFF can be discovered on its website: https://davincifilmfestival.com.
ABOUT LOOKING GLASS LABS
Headquartered in Vancouver, British Columbia, Looking Glass Labs (“LGL”) is a Web3 platform specializing in non-fungible token (“NFT”) architecture, immersive metaverse environments, play-to-earn tokenization and virtual asset royalty streams. Its leading model, House of Kibaa (“HoK”), designs and curates a next era metaverse for 3D assets, which allows useful art and collectibles to exist simultaneously throughout totally different NFT blockchain environments. HoK has successfully launched digital property to include GenZeroes, which bought out in just 37 minutes for total proceeds to LGL of CAD 6.2 million, in addition to a perpetual 5% royalty stream on secondary market sales. HoK plans to launch a hyper-realistic metaverse constructed on the newest model of Unreal Engine in 2022.
To view LGL’s present investor presentation, please visit https://www.lgl.io/investors.
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On behalf of LOOKING GLASS LABS LTD.
“Dorian Banks”Dorian Banks, Chief Executive Officer
This information release incorporates “forward-looking statements.” Statements in this news launch that are not purely historic are forward-looking statements and include any statements concerning beliefs, plans, expectations, or intentions regarding the future. Such forward-looking statements include, amongst other things: the event of the GenZeroes franchise, the Company’s aim to turn into the leading digital studio specializing in NFT architecture, immersive metaverse design and virtual asset display monetization streams; intention to build out a portfolio of perpetual NFT royalty streams by way of collaborations, accretive acquisitions and different arrangements, to potentially result in constant, de-risked and passive revenue; and the near-term initiatives and future initiatives.
The material assumptions supporting these forward-looking statements include, among others, that: the Company could mitigate the risks associated with the blockchain and NFT industry; the flexibility to compete with different companies within the NFT market; the provision of sufficient funding to hold out the Company’s business development plans; favourable market situations; the power of HoK to sell all or substantially all of its offerings; and the ability to complete the event of Overlords in a timely manner.
Although management considers these assumptions to be affordable primarily based on information currently out there to it, they could show to be incorrect. These forward-looking statements are solely predictions and involve known and unknown risks, uncertainties and different factors, including: the continued progress and adoption of NFT and metaverse offerings by the buyer market; the worth of creating and designing NFTs and metaverses is economically viable; the Company having the power to entice and retain a enough workforce with desired skillsets to develop the Company’s NFT and metaverse choices; the provision of offerings provided by third-parties within the NFT, metaverse improvement and on-line gaming market to establish potential transactions; the rising adoption of NFTs as a solution for numerous online gaming, leisure and collectible uses; the Company having the ability to mitigate the dangers related to the blockchain and NFT trade; and the power to compete with other businesses in the NFT, metaverse improvement, content creation and collectibles market.
Although administration considers these assumptions to be reasonable based on info presently out there to it, they could prove to be incorrect. These forward-looking statements are solely predictions and involve known and unknown dangers, uncertainties and different components, including: the chance that the Company’s choices aren’t accepted by the buyer, the danger that different opponents could provide related digital offerings; the danger that there could also be negative adjustments in general financial and business conditions; the danger that the Company may have adverse working cash flow and never enough capital to complete the event of any of its applied sciences; the risk that the Company could not be ready to get hold of additional financing as needed; the chance that there could also be will increase in capital and working prices; the chance that the NFT know-how may be topic to fraud and different failures; the risk that there may be technological adjustments and developments in the blockchain that make the NFT solutions out of date; dangers referring to regulatory modifications or actions which may impede the event or operation of the blockchain solutions; the risk that other opponents could launch similar blockchain choices; the potential future unviability of the NFT market generally; the unstable cost of the amount of computational effort required to execute particular operations on the blockchain, and other general risks involved within the blockchain solutions.
Risks and uncertainties about the Company’s business are more fully discussed in the Company’s disclosure supplies, together with its stories filed with the Canadian securities regulators and which could be obtained from www.sedar.com.
Any of those dangers may trigger the Company’s actual outcomes, levels of exercise, performance or achievements to be materially totally different from any future results, levels of activity, efficiency or achievements expressed or implied by these forward-looking statements. Further, although the Company has attempted to determine elements that might cause precise results, levels of activity, performance or achievements to vary materially from those described in forward-looking statements, there may be other factors that trigger outcomes, levels of activity, efficiency or achievements not to be as anticipated, estimated or supposed. These forward-looking statements are made as of the date of this information launch, and the Company assumes no obligation to update the forward-looking statements, or to replace the the cause why actual outcomes may differ from those projected in the forward-looking statements, except as required by relevant regulation, together with the securities laws of the United States and Canada. Although the Company believes that any beliefs, plans, expectations and intentions contained on this information launch are affordable, there may be no assurance that any such beliefs, plans, expectations or intentions will show to be accurate. The Company does not assume any legal responsibility for disclosure referring to any other company mentioned herein.
SOURCE: LOOKING GLASS LABS LTD.
SOURCE Looking Glass Labs Ltd.
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