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Cloud Nine Web3 Technologies Inc
Symbol CNI
Shares Issued 16,787,047
Close 2021-03-24 C$ 2.07
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Cloud Nine applauds guide to non-fungible tokens

2021-03-25 12:24 ET - News Release

Mr. Allan Larmour reports

NEXT DECENTRUM, POWERED BY CLOUD NINE, RELEASES NFT GUIDE TO HELP UNLOCK THE GLOBAL COLLECTIBLES MARKET

Cloud Nine Web3 Technologies Inc. is applauding that Next Decentrum Technologies Inc. has released the Quick & Dirty Guide to NFTs, a downloadable PDF and an extended video course.

The estimated size of the global collectibles market is $370-billion (according to TechCrunch). In the last month alone, over 135,781 non-fungible tokens were sold for more than $205-million, which accounts for almost 50 per cent of the total volume of all NFTs sold.

A technology innovation enabled by the breakthroughs of blockchain technology, NFTs solve problems affecting the music, art and content creation industries where each NFT can represent a unique digital item and thus are not interchangeable.

"These are unprecedented times for the blockchain and the decentralized finance space. The recent rising interest in NFTs has led to increased blockchain adoption and with it the need for more education," said Allan Larmour, chief executive officer. "Our partnership with Next Decentrum is designed to unlock the opportunity, educate and invite increased participation in the new world NFTs help create."

The Quick & Dirty Guide to NFTs is developed by Hussein Hallak who has been in the blockchain education space for four years. He writes extensively about NFTs and is currently consulting on several NFT projects with leading musicians and rising start-ups. Along with the team at Next Decentrum, he has built several blockchain education programs including The Quick & Dirty Guide to Blockchain and The Blockchain Business Masterclass, and managed the education program of Launch, one of North America's top tech hubs and start-up incubators with 3,500-plus founders incubated and 500-plus start-ups that raised over $800-million.

"Most of what is being shared about NFTs focuses on the hype or is too technical which raises the barriers to entry into this exciting space," said Mr. Hallak, chief executive officer and founder of Next Decentrum. "The Quick & Dirty Guide to NFTs goes beyond the hype and focuses on the substance, the value and the potential impact of this remarkable innovation and the technology behind it."

The Quick & Dirty Guide to NFTs is the first comprehensive NFT guide available on-line as a free download to break down the barriers to entry for many who want to know how NFTs change everything and learn how to use this sweeping innovation.

The guide is:

  • Visually stunning;
  • Easy to understand bite-sized information;
  • Covers the why, how, when and what of NFTs.

The free download will be supported by an e-mail course to provide valuable resources for continued education, in addition to a video course upgrade.

The company also has engaged Electric Dojo and Digitonic for $100,000 (U.S.) and $124,500 (U.S.), respectively, to provide marketing and publication services to assist in creating and increasing public awareness of Cloud Nine's activities, strategic plans and investment opportunities.

About Cloud Nine Web3 Technologies Inc.

Cloud Nine Web3 Technologies is a technology company focused on incorporating emerging technologies into its current platforms leveraging Web 3.0. Cloud Nine's mission is to fuel innovation and make the future more accessible by powering the launch and growth of future tech companies. Web 3.0 enables a future where decentralized users and machines are able to interact with data, value and other counterparties via a substrate of peer-to-peer networks without the need for third parties.

We seek Safe Harbor.

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