Mr. Shafin Tejani reports

VICTORY SQUARE TECHNOLOGIES PORTFOLIO COMPANIES ANNOUNCE STRATEGIC PARTNERSHIP TO LAUNCH NFT (NON-FUNGIBLE TOKEN) PRODUCTS & MANAGED SERVICES

Victory Square Technologies Inc. portfolio companies Next Decentrum Technologies Inc. and Cloud Nine Web3 Technologies Inc. have partnered to launch an NFT (non-fungible token) products and managed services platform to turn NFTs into a reliable source of revenue for artists and content creators.

The move comes following a strategic partnership between the two portfolio companies announced in March to release an education platform and several other educational programs, including The Quick & Dirty Guide to Blockchain and The Quick & Dirty Guide to NFTs, which has received great interest from the market.

Next Decentrum products and managed services turn NFTs and any blockchain innovation into a reliable, measurable and manageable source of revenue. Next Decentrum develops and delivers fully managed software solutions and educational products that help clients make the most out of NFT and blockchain applications. The portfolio companies are currently working with clients across four verticals: art, heritage music, sports and entertainment.

Products and managed services includes:

• Fully customizable blockchain education products;
• Fully customizable white-label NFT marketplace;
• End-to-end managed NFT production and deployment;
• End-to-end managed blockchain education.

This strategic initiative aims to capitalize on the significant growth from the public and media attention the NFT art market has experienced recently, selling more than $216-million in the past 30 days alone, accounting for almost 50 per cent of the total volume of all NFTs sold, according to the NonFungible website. The global art market is valued at over $67-billion (according to Statista). NFTs are disrupting both markets and paving the way for artists and creators to earn additional revenues from selling and reselling their art.

"Beyond the hype, NFTs are fundamentally a technology innovation that solves problems affecting the music, art and content creation industries," said Hussein Hallak, chief executive officer of Next Decentrum. "Through this initiative, we aim to help artists and content creators capitalize on the unique opportunity made possible with the intersection of education and technology."

Since 2018, Next Decentrum has:

• Built blockchain education programs, including The Quick & Dirty Guide to Blockchain and The Blockchain Business Masterclass;
• Managed the development and delivery of the education program of Launch, one of North America's top tech hubs and start-up incubators with over 6,000 founders incubated and 500 start-ups that raised more than $730-million;
• Built content platforms and technology products;
• Developed and delivered premier blockchain education programs for Informa, the world's largest events producer, producing several thousand events annually and welcoming 150,000 delegates from over 70 countries.

About Victory Square Technologies Inc.

Victory Square builds, acquires and invests in promising start-ups and then provides the senior leadership and resources needed for fast-track growth. Victory Square's sweet spot is cutting-edge tech that is shaping the fourth industrial revolution. Victory Square's corporate portfolio consists of 20 global companies using AI (artificial intelligence), VR/AR (virtual reality/augmented reality) and blockchain to disrupt sectors as diverse as fintech, insurance, health and gaming.

What Victory Square does differently for start-ups

Victory Square is not your ordinary investor. With real skin in the game, Victory Square is committed to ensuring each company in its portfolio succeeds. Victory Square's secret sauce starts with selecting start-ups that have real solutions, not just ideas. Victory Square pairs you with senior talent in product, engineering, customer acquisition and more. Then, Victory Square lets you do what you do best -- build, innovate and disrupt. In 24 to 36 months, you will scale and be ready to monetize.

What Victory Square does differently for investors

Victory Square is a publicly traded company headquartered in Vancouver, Canada, and listed on the Canadian Securities Exchange under the symbol VST, on the Frankfurt Stock Exchange under the symbol 6F6 and on the OTCQX under the symbol VSQTF. For investors, Victory Square offers early-stage access to the next unicorns before they are unicorns. Victory Square's portfolio represents a uniquely liquid and secure way for investors to get access to the latest cutting-edge technologies. Because Victory Square focuses on market-ready solutions that scale quickly, Victory Square is able to provide strong and stable returns while also tapping into emerging global trends with big upsides.

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