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Cloud Nine Web3 Technologies Inc
Symbol CNI
Shares Issued 16,787,047
Close 2021-05-11 C$ 1.48
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Cloud Nine Web3 appoints Shin, Park as advisers

2021-05-11 13:19 ET - News Release

Mr. Sefton Fincham reports

CLOUD NINE ADDS EBAY MANAGING DIRECTOR & WEPAY KOREA CEO AS STRATEGIC ADVISORS

Cloud Nine Web3 Technologies Inc. has added Stan Shin, eBay's managing director, and Shin-Young Park, WePay Korea's chief executive officer, as strategic advisers.

"Bringing on the experience and network of these two payment pioneers to Cloud Nine will add up to more innovation and progress to capitalize on the rising rate of adoptions of cryptocurrency and the growth in the payments market," said Sefton Fincham, president of Cloud Nine.

As executive director of eBay, Mr. Shin is responsible for strategic sourcing and procurement in Asia Pacific and is recognized as a pioneer and leader in the on-line market in supply chain and operations of on-line e-commerce community businesses. Mr. Shin also serves as an internal business consultant to support all of eBay's business units. Mr. Shin works closely with Asia Pacific regional management to creatively expand opportunities, solve problems and determine where they stand for growth.

Shin-Young Park, chief executive officer of WePay Korea, is a payments development specialist, operating customized payment gateway (PG) systems for some of the largest companies in Asia such as LG Group, Samsung Group and SK Group. Mr. Park also specializes in building blockchain systems, PayApp, crypto payments and various linked API (application programming interface) platform solutions. WePay Korea is a private company engaged in the development, distribution and support of various platforms, including PG settlement platforms.

As strategic adviser for Cloud Nine, Mr. Park will work together with the senior team at Cloud Nine to align strategic opportunities, support future plans, and help develop and advance the company's limitless assets, including:

  • Issuance of a limitless coin and listing on an exchange/distribution;
  • Limitless global PG system development;
  • Limitless app development/linkage with a credit card;
  • Real-time conversion blockchain system development (linkage with limitless pay);
  • Sports coin betting games/poker hold'em (self-operated);
  • Establishment of limitless pay network.

By combining a payment gateway, point development and distribution technology, crypto payment systems, and blockchain real-time payments, Cloud Nine will enable users to access their data in a truly distributed fashion.

"Both Stan are I thrilled about joining the Cloud Nine team to leverage our skills and accelerate the development of their products and services," said Mr. Park. "It is an amazing opportunity to pursue our bold vision for the future of payments and investing in projects to provide global access to advanced payment solutions."

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 through a substrate of peer-to-peer networks without the need for third parties.

We seek Safe Harbor.

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