NSAV
ANNOUNCES STRATEGIC PARTNERSHIP WITH LUXFI TO PROVIDE LUXURY BRANDS
WITH NFT'S
London, England -- August 27, 2021 --
InvestorsHub NewsWire -- Net Savings Link, Inc. (OTC
Pink: NSAV), a cryptocurrency, blockchain and digital asset
technology company, today announced a collaboration with LuxFi
(https://luxfi.io/)
to launch a real-world luxury asset-backed NFT (non-fungible token)
marketplace, which will work directly with retailers and
professional experts to eliminate counterfeit items while minting
NFTs on a multi-chain blockchain network, and provide accurate NFT
pricing that is backed by real-world data for each NFT. Today's
announcement reflects the explosive growth and expanding
applicability of the NFT marketplace sector. According to
NonFungible.com, over $2 billion was spent on non-fungible tokens
during the first quarter of 2021 — an increase of about 2,100% from
Q4 2020 and already far surpassing the total $250 million NFT
market in 2020.
The management of NSAV believes that now is the
perfect time to expand into the NFT market. As an accelerator and
solutions provider to the cryptocurrency, blockchain and digital
assets industry companies; NSAV is glad to join LuxFi in engaging
multiple applications to LuxFi's NFT marketplace. NSAV will use its
resources to support LuxFi in becoming a leader in the real-world
luxury asset backed NFT Marketplace. LuxFi is targeting real-world
luxury assets that hold value well, including but not limited to
art pieces, diamonds, luxury watches and branded
bags.
NFTs have shaken the world of Art. As the global
sales of art and antiques reached an estimated $50.1 billion in
2020 - with online sales reaching record highs and doubling in
value - the art sector is one potential industry NSAV and LuxFi are
willing to explore more together by way of partnership. By creating
an extensive hub of major players internationally in the industry,
NSAV will help LuxFi to become a dominating force in the art
industry and both parties will form a consortium for upcoming
projects.
LuxFi is launching the world's first real-world
asset backed NFT marketplace for luxury assets. Users can use the
NFT Marketplace to buy, sell and invest into luxury assets. One of
the main features in the platform is the possibility to use
cryptocurrencies or traditional payment methods to buy and sell
luxury assets. We work directly with retailers and professional
experts to eliminate counterfeit items while minting NFTs on a
multi-chain blockchain network and provide accurate NFT pricing
that is backed by real-world data for each NFT on the
platform.
LuxFi has an extensive network of brands and
retailers. Our data intelligence system is collecting real-world
data from global retailers and social media channels to provide
accurate pricing that benchmark against global trends. Fingerprint
technology is used to tie the real-world asset with its virtual NFT
on the blockchain. The product fingerprint is unique for each
item.
Last week, NSAV announced its plan to launch a
Premium OTC Crypto Trading Desk by mid-September. NSAV's OTC Desk
will offer private and personalized service to institutions and
high net-worth individuals that trade large blocks of
cryptocurrency. OTC Crypto Trading Desks offer increased liquidity
(without slippage), price protection, anonymity, Fiat support,
unlimited purchases and the purchase of rare tokens, which are not
available on exchanges. NSAV's OTC Desk will provide its clients
with execution and settlement services that are secure, competitive
and discreet. Today, nearly all major crypto exchanges have their
own OTC Desk. Kraken https://www.kraken.com/ , in 2019, acquired
major OTC Crypto Trading Desk, Circle Trade, and is now one of the
world's leading OTC Crypto Trading Desks. The Company's management
believes that having its own OTC Crypto Trading Desk will be a huge
benefit to NSAV and all of its shareholders, as it ascends to the
next level.
Aidaa Wong, Founder and CEO of LuxFi, stated, "Our
mission is to unlock the true value and increase the liquidity of
the real-world luxury assets through blockchain technology. I
believe LuxFi will bring revolutionary changes to the luxury
industry."
Dato' Sri Desmond Lim, Interim CEO and Senior Vice
President of Cryptocurrency Operations for NSAV and Silverbear
Capital partner stated, "NSAV has the capability, resources, and a
team of professionals to support LuxFi in becoming the leading
real-world asset-backed NFT Marketplace for luxury assets. We
believe the market potential is tremendous and we are looking
forward to working with LuxFi to bring solutions and the address
challenges in the NFT industry."
About
NSAV:
NSAV Holding's vision is the establishment of a
fully integrated technology company, which provides turnkey
technological solutions to the cryptocurrency, blockchain and
digital asset industries. Over time, the Company plans to provide a
wide range of services such as software solutions, e-commerce,
financial services, advisory services and information
technology.
For further information please contact NSAV at
info@nsavholdinginc.com
The NSAV Twitter account can be accessed at
https://twitter.com/nsavtech
The NSAV corporate website can be accessed at
http://nsavholdinginc.com
About
LuxFi:
LuxFi is a real-world luxury asset backed NFT
marketplace, leveraging on our big data intelligence system and
unique algorithm for automated data collection and data processing.
We eliminate counterfeiting while minting an NFT on our multi-chain
blockchain network and provide accurate NFT pricing that is backed
by real-world data.
To know more about LuxFi's mission, check our
social media channels listed below.
Website: https://www.luxfi.io
Twitter: https://twitter.com/luxfiofficial
Telegram Official Group: https://t.me/Luxfiofficial
Telegram Announcement Channel: https://t.me/luxfinews
Medium: https://luxfiofficial.medium.com
Silverbear Capital Inc. https://www.sbcfinancialgroup.com.hk/, a
leading, global investment banking firm, will be advising NSAV on
strategic matters related to this
transaction.
Silverbear Capital Inc. (SBC) has a dynamic of
disciplines on a broad commercial level and practice. SBC has a
strong group of Partners in a wide range of disciplines with
seasoned experience in finance, management, and professional
practice. https://www.sbcfinancialgroup.com.hk/meet-our-team/.
Disclaimer: Silverbear Capital Inc. does not
constitute investment advice, or an offer or solicitation to sell,
or a solicitation to buy, or any other investment product (nor
shall any such shares or product be offered or sold to any person)
in any jurisdiction in which an offer, solicitation, purchase or
sale would be unlawful under the securities law of that
jurisdiction.
This press release contains certain
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended and Section 21E of the
Securities Exchange Act of 1934, which are intended to be covered
by the safe harbors created thereby. Investors are cautioned that,
all forward-looking statements involve risks and uncertainties,
including without limitation, the ability of Net Savings Link, Inc.
to accomplish its stated plan of business. Net Savings Link, Inc.
believes that the assumptions underlying the forward-looking
statements contained herein are reasonable, any of the assumptions
could be inaccurate, and therefore, there can be no assurance that
the forward-looking statements included in this press release will
prove to be accurate. In light of the significant uncertainties
inherent in the forward- looking statements included herein, the
inclusion of such information should not be regarded as a
representation by Net Savings Link, Inc. or any other
person.
Contact
Net Savings Link, Inc.
info@nsavholdinginc.com
Net Savings Link (PK) (USOTC:NSAV)
Historical Stock Chart
Von Nov 2024 bis Dez 2024
Net Savings Link (PK) (USOTC:NSAV)
Historical Stock Chart
Von Dez 2023 bis Dez 2024
