ZASH Co-Founder and Former Moviepass Chairman, Ted Farnsworth Will Deal with the Explosive Potential and Way forward for the NFT Market
LOS ANGELES, Could 27, 2021 /PRNewswire/ — ZASH World Media and Lomotif, the favored video sharing and world social media platform, and rival to TikTok and Kuaishou, introduced it’s broadcasting a reside NFT occasion that includes world-renowned Marvel & DC Comics Artist Rob Prior right now at 5:00 p.m. ET on the Lomotif platform. Zash co-founder Ted Farnsworth shall be featured as a keynote speaker about the way forward for the exploding NFT market through the particular occasion for crypto fans hosted by Mogul Productions.
Zash and Lomotif have been early adopters into the NFT market with Lomotif as one of many largest gamers within the Person Generated Content material (UGC) area to adapt NFT creations from its creators and world person base. The early entry into NFTs has positioned Lomotif within the lead place within the total area for Creators to create and promote their very own NFT’s regardless of how small or giant the worth is.
Through the reside occasion, Rob Prior will burn authentic art work on digital camera and unveil the digitized NFT after the burn. The portray, which is impressed by Wolf of Wall Avenue, can have fiat cash falling from the sky; it is going to be burnt to show that the way forward for artwork, and Wall Avenue, is supposed to be on the blockchain.
“We really feel that Lomotif is within the good place for the NFT platform area as a result of we now have tens of thousands and thousands of world person base from all over the world with over 210 million lifetime customers. We consider it is going to be one of many largest firms up to now that can supply the Lomotif world person base to create and promote their very own NFT’s proper on the Lomotif platform. We have already got the distribution in place with our world person base,” said Farnsworth.
Becoming a member of Farnsworth to talk about the way forward for NFTs shall be Dan Crothers, the Co-Founding father of ECOMI (VeVe Digital Collectibles) and Jon Karas, the Co-Founder and President of Akoin,
“These are such thrilling instances for Lomotif with internet hosting the biggest reside live performance with over 37 million views a number of weeks in the past, and now having the ability to partake in such a historic occasion for the brand new NFT area that’s evolving expertise shortly. My imaginative and prescient for Lomotif has all the time been for us to have the ability to supply our Lomotif world person base from all over the world these free occasions. Extra importantly, nonetheless, is the power to supply our creators the power to create their very own NFT’s and to assist them monetize their manufacturers and private creations,” said Paul Yang, Founder and CEO of Lomotif.
One of many quickest rising video-sharing social networking platforms in its class over the past three years, there are at present 225+ million installations of the Lomotif app globally in 200+ international locations in 300+ languages. Over 300 million movies are watched on the platform per 30 days and over 10 billion atomic clips (Person Generated Content material (UGC)) have been used to create greater than 740+ million movies on the platform since its launch.
To look at the Lomotif NFT Livestream on the Lomotif platform, the worldwide person base can obtain the app on the Apple Retailer or Google Play for Android The reside occasion will run right now Could twenty seventh, 2021 from 5:00- 8:00pm ET.
For extra info go to @ZASHGlobal.
Lomotif is the main video-sharing social networking platform that’s democratizing video creation. For the reason that firm was co-founded by video fanatic Paul Yang in 2014, Lomotif has been granted three expertise patents uniquely targeted on empowering creators to share and watch brief movies with ease by way of remix and collaboration. Yang’s daring imaginative and prescient is to construct the world’s largest video vocabulary to speed up the world’s transition to video-first expression. Lomotif, accessible within the Apple and Google shops, is a breakthrough downloadable app for hip hop, rap, and concrete tradition throughout the USA and Latin America. Lomotif is one in every of 5 companions chosen by Snapchat for a bi-directional integration for posting tales between the 2 platforms. For added details about Lomotif Non-public Restricted, please go to Lomotif’s web site at www.lomotif.com.
About ZASH World Media and Leisure Company
ZASH World Media and Leisure Company is an evolving community of synergetic firms working collectively to disrupt the media and leisure trade as we all know it right now. The ZASH group is managed by a bunch of sensible, if not considerably brazen, consummate disrupters. ZASH believes its administration group has an distinctive and unparalleled potential to pivot as a result of their information and expertise is steadfast and unyielding. For added details about ZASH World Media and Leisure Company, please go to ZASH’s web site at www.zash.world or on Twitter at @ZashGlobal.
Ahead-Wanting Statements and Disclaimers
This press launch comprises “forward-looking” statements inside the which means of federal securities legal guidelines. Ahead-looking statements embody, amongst others, statements regarding or implying future monetary efficiency, anticipated product efficiency and performance of ZASH’s merchandise or merchandise incorporating ZASH’s merchandise, and trade developments and progress alternatives affecting ZASH. Such info are based mostly upon beliefs of, and data at present accessible to, ZASH administration in addition to estimates and assumptions made by ZASH’s administration. These statements might be recognized by the truth that they don’t relate strictly to historic or present details. When used on this presentation the phrases “estimate,” “anticipate,” intend,” consider,” plan,” “anticipate,” “projected” and different phrases or the destructive of those phrases and comparable expressions as they relate to ZASH or ZASH’s administration determine forward-looking statements. These forward-looking statements embody statements concerning the potential enterprise synergies ensuing from ZASH’s acquisition of Lomotif the potential marketplace for ZASH’s and Lomotif’s product choices, buyer adoption and use of the Lomotif platform, and the power of ZASH to monetize product choices, together with the Lomotif platform. Such statements and the opposite forward-looking statements on this press launch replicate the present view of ZASH with respect to future occasions and are topic to dangers, uncertainties, assumptions and different elements regarding ZASH and Lomotif’s industries, operations and outcomes of operations and any companies that could be acquired by ZASH. Ought to a number of of those dangers or uncertainties materialize, or the underlying assumptions show incorrect, precise outcomes could differ considerably from these anticipated, believed, estimated, anticipated, meant, or deliberate. Though ZASH believes that the expectations mirrored within the forward-looking statements are cheap, it can not assure future outcomes, efficiency, or achievements. All forward-looking statements are certified of their entirety by this cautionary assertion. ZASH is offering this info as of the date of this launch and doesn’t undertake any obligation to replace any forward-looking statements contained on this launch because of new info, future occasions, or in any other case.
SOURCE ZASH World Media