The NFT Gaming Company Announces Filing of Patent for Novel Non-Fungible Tokens Across its Gaming Platform

Roseland, NJ , June 21, 2023 (GLOBE NEWSWIRE) -- The NFT Gaming Company, Inc. ("NFTG" or the "Company"), a company developing a digital gaming platform and community that will offer users the ability to create unique avatars playable in all of the games on the platform in the form of non-fungible tokens, or “NFTs,” today announced that it filed a provisional patent application for novel NFTs that will be used in its games and across the Gaxos platform.

“This provisional patent application supports our intellectual property strategy of developing new technology in blockchain and gaming,” said Vadim Mats, CEO of NFT Gaming Company.  “We are building our proprietary tech portfolio that will position us as leaders in gaming with Web 3.0.” 

NFT’s Gaxos platform will host all of the Company’s proprietary games, as well as those owned and operated by third parties.  The platform will feature an immersive and connected community of users that will have the ability to mint an NFT of their unique avatars. Users’ progress on the platform will also be attached to the NFT providing utility beyond aesthetics.

About The NFT Gaming Company, Inc.

The NFT Gaming Company is developing a digital gaming platform that will offer proprietary games as well as games developed and published by third parties. Our vision is to develop, design, acquire, and manage conventional digital games and to combine them with novel methods, such as the ability to create and mint unique in-game features, such as skins, characters, and experiences in the form of non-fungible tokens, or “NFTs,” that will allow users to have unique experiences and more control over in-game assets. 



Forward-Looking Statements

All statements other than statements of historical fact in this announcement are forward-looking statements that involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s filings with the SEC.

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