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Looking Glass Labs Ltd
Symbol NFTX
Shares Issued 141,587,668
Close 2023-05-29 C$ 0.02
Market Cap C$ 2,831,753
Recent Sedar Documents

Looking Glass releases version of Pocket Dimension

2023-05-29 19:23 ET - News Release

Mr. Dorian Banks reports

LOOKING GLASS LABS PROVIDES UPDATE ON POCKET DIMENSION SOCIAL METAVERSE

Looking Glass Labs Ltd. has launched its next-version Pocket Dimension. Looking Glass's Pocket Dimension metaverse is an on-line virtual space providing owners and users a virtual space represented by one of 11 different environments, including Archipelago, Countryside, Dale, Dunes, Fjord, Marsh, Savanna, Tundra, Woodland, Zen and Genesis Moon. Each environment represents a unique representation of one of Earth's ecosystems, as described in each environment's name. Users of Pocket Dimension interact with other users through avatars. On Nov. 1, 2022, Looking Glass launched the alpha version of Pocket Dimension, followed by the launch of the beta version on Feb. 21, 2023. The company has followed up on the previous versions and have launched its public release version of Pocket Dimension (V1.0).

V1.0 addresses various animation, rendering, collision and build issues reported by users during the alpha and beta versions. The latest version has made improvements to ensure smoother gameplay and a more seamless experience.

Change of director

The company announces that Patrick O'Flaherty has resigned from its board of directors. The board of directors thanks Mr. O'Flaherty for his service to the company. In his place, Looking Glass announces that Kevin Cornish has been appointed to the board of directors.

Mr. Cornish is an international public company chief financial officer. With over 17 years of leadership experience in finance, strategy and operations, he is a well-rounded business management leader. Mr. Cornish has worked on multiple start-ups and turnarounds in both Canada and the United States. Mr. Cornish prides himself on overcoming unsolved obstacles in numerous industries and markets. His knowledge of international business practices and successful strategy implementation paired with his ability to adapt and scale quickly make him a powerhouse in any endeavour. Mr. Cornish holds an MBA from Saint Mary's University in Halifax, where he also earned his CPA designation. Paired with his human relations designation, Mr. Cornish is skilled at incorporating many facets of business into his role to maximize his overall value to a company.

Mr. Cornish has held not-for-profit private and public company board positions throughout his career and continues to find opportunities where he can add value to companies through their strategic direction and corporate governance.

About Looking Glass Labs Ltd.

Headquartered in Vancouver, B.C., Looking Glass specializes in consumer engagement applications to leverage immersive metaverse environments, play-to-earn tokenization and blockchain monetization strategies. Its leading brand, House of Kibaa, designs and curates a next-generation metaverse for 3-D assets, which allows functional art and collectibles to exist simultaneously across different non-fungible-token blockchain environments.

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