Looking Glass Labs Engages MarketAcross to Elevate House of Kibaa’s Marketing Initiatives

[PR – Vancouver, British Columbia, 29th May, 2022, Chainwire]

Looking Glass Labs Ltd. (“LGL” or the “Company”) (NEO: NFTX) (FRA: H1N), a number one Web3 platform specializing in non-fungible token (“NFT”) structure, immersive metaverse environments, play-to-earn tokenization and digital asset royalty streams, is happy to announce that it has engaged MarketAcross, an Israel-based public relations (“PR”) agency, to improve the visibility of the advertising and marketing initiatives of LGL’s flagship studio, House of Kibaa (“HoK”). Located in Tel Aviv, MarketAcross is describes itself because the world’s main blockchain PR and advertising and marketing agency, that gives full end-to-end advertising and marketing options for blockchain companies.

LGL expects to leverage MarketAcross’ world media attain because it relates to the blockchain, cryptocurrency and start-up classes so as to drive engagement for HoK’s present and upcoming product launches and different initiatives. For instance, HoK lately premiered the GenZeroes NFT-based live-action sequence, which is the primary of its sort within the leisure business, and it’s getting ready to launch its metaverse setting later in 2022, following the success of its inaugural land sale in mid-April. The Company’s HoK-focused engagement of MarketAcross is anticipated to span four-to-six months and can also allocate PR providers for initiatives on the guardian company stage, if and as wanted.

Founded in 2014, MarketAcross is a public relations agency targeted on the blockchain and cryptocurrency business that has a rising community of top-tier journalists, bloggers, influencers and different content material publishers. MarketAcross operates utilizing a non-retainer engagement mannequin pursuant to which it supplies assured deliverables with a success-based payment structure. Well identified shoppers of MarketAcross embody however usually are not restricted to Binance, BitTorrent, Crypto.com, Decentraland, EOS, eToro, Huobi, Polygon (MATIC), Solana and Tron. A whole overview of MarketAcross’ consumer portfolio will be seen by navigating to the next URL: https://marketacross.com/clients/

Management Commentary

“MarketAcross is delighted to start cooperation with Looking Glass Labs. We believe that LGL is playing an imperative part in the blockchain field and we are happy to assist them and take part in their journey,” mentioned Elad Mor, President and Founder of MarketAcross.

Dorian Banks, Chief Executive Officer of LGL, added, “We are excited to start working with MarketAcross and the agency’s listing of shoppers speaks for itself. Our workforce expects them to be efficient at connecting NFT and metaverse manufacturers resembling HoK with impactful media shops and alternatives directed at particular audiences. As these classes develop into much more well-liked, we really feel that top-tier PR illustration is invaluable when it comes to gaining the correct publicity and visibility. MarketAcross has obtained spectacular outcomes for main gamers within the crypto and blockchain areas, and we glance ahead to working with their workforce as HoK continues to acquire traction with its live-action sequence, upcoming metaverse launch and different initiatives which are at present within the works.

ABOUT LOOKING GLASS LABS

Headquartered in Vancouver, British Columbia, Looking Glass Labs (“LGL”) is a Web3 platform specializing in non-fungible token (“NFT”) structure, immersive metaverse environments, play-to-earn tokenization and digital asset royalty streams. Its main model, House of Kibaa (“HoK”), designs and curates a subsequent era metaverse for 3D property, which permits purposeful artwork and collectibles to exist concurrently throughout completely different NFT blockchain environments. HoK has efficiently launched digital property to embody GenZeroes, which offered out in simply 37 minutes for complete proceeds to LGL of CAD 6.2 million, as well as to a perpetual 5% royalty stream on secondary market gross sales. HoK plans to launch a hyper-realistic metaverse constructed on the most recent model of Unreal Engine in 2022.

ABOUT MARKET ACROSS

MarketAcross is a premium content material advertising and marketing answer for startups and cryptocurrencies. The PR agency works with established blockchain options since 2014. From Content creation to content material placement & content material amplification – Market Across is a one-stop store for content material advertising and marketing.

Forward-Looking Information

This information launch accommodates “forward-looking statements.” Statements on this information launch that aren’t purely historic are forward-looking statements and embody any statements relating to beliefs, plans, expectations, or intentions relating to the long run. Such forward-looking statements embody, amongst different issues: the Company’s purpose to develop into the main digital studio specializing in NFT structure, immersive metaverse design and digital asset show monetization streams; intention to build out a portfolio of perpetual NFT royalty streams by way of collaborations, accretive acquisitions and different preparations, to doubtlessly end in constant, de-risked and passive income; and the near-term initiatives and future initiatives deliberate for the Development Division as referenced on this information launch.

The materials assumptions supporting these forward-looking statements embody, amongst others, that: the Company may mitigate the dangers related to the blockchain and NFT business; the flexibility to compete with different companies within the NFT market; and the supply of enough funding to perform the Company’s business growth plans.

Although administration considers these assumptions to be cheap primarily based on data at present obtainable to it, they might show to be incorrect. These forward-looking statements are solely predictions and contain identified and unknown dangers, uncertainties and different elements, together with: the continued development and adoption of NFT and metaverse choices by customers; the price of growing and designing NFTs and metaverses is economically viable; the Company having the ability to entice and retain a enough workforce with desired skillsets to develop the Company’s NFT and metaverse choices; the supply of choices supplied by third-parties within the NFT, metaverse growth and on-line gaming market to establish potential transactions; the rising adoption of NFTs as an answer for varied on-line gaming, leisure and collectible makes use of; the Company being able to mitigate the dangers related to the blockchain and NFT business; and the flexibility to compete with different companies within the NFT, metaverse growth, content material creation and collectibles market.

Although administration considers these assumptions to be cheap primarily based on data at present obtainable to it, they might show to be incorrect. These forward-looking statements are solely predictions and contain identified and unknown dangers, uncertainties and different elements, together with: the danger that the Company’s choices usually are not accepted by the buyer, the danger that different rivals might provide related digital choices; the danger that there could also be detrimental modifications generally financial and business circumstances; the danger that the Company might have detrimental working money circulate and never sufficient capital to full the event of any of its applied sciences; the danger that the Company might not be in a position to get hold of extra financing as crucial; the danger that there could also be will increase in capital and working prices; the danger that the NFT technology could also be topic to fraud and different failures; the danger that there could also be technological modifications and developments within the blockchain that make the NFT options out of date; dangers relating to regulatory modifications or actions which can impede the event or operation of the blockchain options; the danger that different rivals might launch related blockchain choices; the potential future unviability of the NFT market generally; the unstable price of the quantity of computational effort required to execute particular operations on the blockchain, and different normal dangers concerned within the blockchain options.

Risks and uncertainties in regards to the Company’s business are extra totally mentioned within the Company’s disclosure supplies, together with its experiences filed with the Canadian securities regulators and which will be obtained from www.sedar.com.

Any of these dangers might trigger the Company’s precise outcomes, ranges of exercise, efficiency or achievements to be materially completely different from any future outcomes, ranges of exercise, efficiency or achievements expressed or implied by these forward-looking statements. Further, though the Company has tried to establish elements that would trigger precise outcomes, ranges of exercise, efficiency or achievements to differ materially from these described in forward-looking statements, there could also be different elements that trigger outcomes, ranges of exercise, efficiency or achievements not to be as anticipated, estimated or meant. These forward-looking statements are made as of the date of this information launch, and the Company assumes no obligation to replace the forward-looking statements, or to replace the explanation why precise outcomes may differ from these projected within the forward-looking statements, besides as required by relevant regulation, together with the securities legal guidelines of the United States and Canada. Although the Company believes that any beliefs, plans, expectations and intentions contained on this information launch are cheap, there will be no assurance that any such beliefs, plans, expectations or intentions will show to be correct. The Company doesn’t assume any legal responsibility for disclosure relating to every other company talked about herein.