CurrencyWorks Inc. (CWRK)
Chart Events
Performance Outlook
| Previous Close | 1.5800 |
| Open | 1.6000 |
| Bid | N/A x N/A |
| Ask | N/A x N/A |
| Day's Range | 1.5000 - 1.8500 |
| 52 Week Range | 0.5260 - 3.7000 |
| Volume | 542,627 |
| Avg. Volume | 1,152,801 |
| Market Cap | 93.603M |
| Beta (5Y Monthly) | 3.78 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.2390 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
Fair Value
Related Research
- GlobeNewswire
CurrencyWorks and Liquid Media Announce Development of NFTainment.io Creating the Release of “Red Carpet” NFTs a Unique Experience in Entertainment Collectibles
Los Angeles CA, April 20, 2021 (GLOBE NEWSWIRE) -- CurrencyWorks Inc. (“CurrencyWorks” or the “Company”), (TSXV: CWRK and OTCQB: CWRK) a financial technology blockchain pioneer, NFT, and digital payment provider today announced a client partnership with Liquid Media Group Ltd. (“Liquid Media” or “Liquid”) (Nasdaq: YVR), to develop the NFTainment.io platform which will release “Red Carpet” NFTs (non-fungible tokens) with pre-releases starting in May 2021. Liquid Media Group is an end-to-end business solutions company empowering independent intellectual property creators and will work in partnership with CurrencyWorks to bring fans up close and behind the scenes with some of their favorite Hollywood personalities and movies. Red Carpet NFTs will be as much about experiences as they are about collectibles. “We’re excited to showcase the creativity and versatility NFTs can bring to fans, the entertainment industry, and IP holders,” said Ron Thomson, CEO of Liquid Media. “When fans get the opportunity to own never-before-seen footage or a chance to capture a rare experience with a celebrity or walk the Red Carpet at a future movie premiere, the world will quickly understand the value NFTs will offer.” During the summer of 2021, Liquid will roll out the Red Carpet for fans through the CurrencyWorks’ powered NFTainment.io, a community and trading platform where fans can buy, sell, or discuss their favorite NFTs and speculate on Liquid’s next drop. “The ability to store extra information like movie scenes, music, or gaming content allows IP owners the opportunity to leverage their brand, their imagination, and really connect with fans on an exciting new level while adding new revenue streams at the same time,” said Cameron Chell, CurrencyWorks Chairman. About Liquid Media Group Ltd. Liquid Media Group Ltd. (Nasdaq: YVR) is a business solutions company empowering independent IP creators. Liquid’s end-to-end solution will enable professional video (film/TV and video game) creation, packaging, financing, delivery, and monetization, empowering IP creators to take their professional content from inception through the entire process to monetization. The groundbreaking new Liquid Media Token Platform will empower its users to capitalize and monetize all four pillars of IP: Creation, Use/Subscription, Financing, and Licensing/Protection. Additional information is available at www.LiquidMediaGroup.co. Further information: Daniel CruzLiquid Media Group Ltd.+1 (416) 489-0092pg@liquidmediagroup.co Media requests: Adam BelloMedia and Analyst Relations ManagerPrimoris Group Inc.+1 (416) 489-0092 x 226media@primorisgroup.com About CurrencyWorksCurrencyWorks Inc. (TSXV: CWRK and OTCQB: CWRK) is a publicly-traded company that builds and operates FinTech Platforms for Digital Currencies, Digital Assets, and Security Tokens. For more information on CurrencyWorks, please visit us at www.currencyworks.io. For additional investor info visit www.currencyworks.io or www.sedar.com and www.sec.gov searching CWRK. Media ContactArian Hopkinsarian@currencyworks.io Company ContactBruce Elliott, PresidentPhone: 424-570-9446Bruce.elliott@currencyworks.io Disclaimer for Forward-Looking Statements This news release contains “forward-looking statements.” Statements in this news release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things: the statement relating to the release of “Red Carpet” NFTs (non-fungible tokens) with pre-releases starting in May 2021; that Liquid Media Group will work in partnership with CurrencyWorks to bring fans up close and behind the scenes with some of their favorite Hollywood personalities and movies; that during the summer of 2021, Liquid will roll out the Red Carpet for fans through the CurrencyWorks’ powered NFTainment a community and trading platform where fans can buy, sell, or discuss their favorite NFTs and speculate on Liquid’s next drop; and that the ability to store extra information like movie scenes, music, or gaming content allows IP owners the opportunity to leverage their brand, their imagination, and really connect with fans on an exciting new level while adding new revenue streams at the same time. The material assumptions supporting these forward-looking statements include, among others, that there will be no material variations in current regulatory environments in which the Company operates; the perceived benefits from the Company’s blockchain solutions will be as expected; and the Company will be able to obtain any necessary financing on acceptable terms. Although management considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. These forward-looking statements are only predictions and involve known and unknown risks, uncertainties and other factors, including: the risk that the Company will be unable to efficiently build the blockchain solutions; the risk that there may be negative changes in general economic and business conditions; the risk that the Company may have negative operating cash flow and not enough capital to complete the blockchain solutions; the risk that the Company may not be able to obtain additional financing as necessary; the risk that there may be increases in capital and operating costs as a result of working on the blockchain solutions; the risk that the blockchain solutions may be subject to fraud and other failures; the risk that there may be technological changes and developments in the blockchain that make the blockchain solutions obsolete; risks relating to regulatory changes or actions which may impede the development or operation of the blockchain solutions; the risk that other competitors may release similar blockchain solutions; and other general risks involved in the blockchain solutions. Any of these risks may cause the Company’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Further, although the Company has attempted to identify factors that could cause actual results, levels of activity, performance or achievements to differ materially from those described in forward-looking statements, there may be other factors that cause results, levels of activity, performance or achievements not to be as anticipated, estimated or intended. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by applicable law, including the securities laws of the United States and Canada. Although the Company believes that any beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. The Company does not assume any liability for disclosure relating to any other company mentioned herein. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
- GlobeNewswire
UPDATE - Liquid Media to Create Multi-Token IP Platform in Partnership with CurrencyWorks
VANCOUVER, British Columbia, March 31, 2021 (GLOBE NEWSWIRE) -- Liquid Media Group Ltd. (the “Company”, “Liquid Media” or “Liquid”) (Nasdaq: YVR), a business solutions company empowering independent intellectual property (IP) creators to develop, finance, deliver, license, monetize, and protect their professional video IP globally, today announced plans to create the first of its kind multi-token IP platform. Liquid is engaged in partnership discussions for platform engineering with CurrencyWorks (TSX-V: CWRK and OTCQB: CWRK). The Liquid Media Token Platform (LMPT) will serve to support the evolving needs of film, entertainment and gaming industry professionals, and capture opportunities to conceptualize and create content once, then monetize it in perpetuity. “Tokenization offers multiple benefits for content creators and we believe our multi-token platform will transform the entire media industry,” said Ron Thomson, CEO of Liquid Media. “With it, creative professionals can drive new revenue streams based on digital NFT exclusives and collectibles, increase audience engagement, gamify their intellectual property, guarantee recurrent licensing fees using smart contracts, offer subscription access via utility tokens, raise project financing through security tokens and more, all through a single platform. We are extremely excited by the ongoing revenue and portfolio opportunities for Liquid over the long term and look forward to a rapid adoption of this forward-facing technology.” The Liquid Media Token Platform (LMTP) will offer four IP pillars: Creation, Use/Subscription, Financing and Licensing/Protection. CREATION – Intellectual property is the heartbeat of Liquid’s business. The new LMTP will allow IP creators to enhance their offerings through innovative NFTs (non-fungible tokens). While traditional digital collectables will be available, LMTP will also allow creators, writers, and producers to maximize the full potential of NFTs in short and long form with built-in licensing and use rights for NFT holders, exclusive content, behind-the-scenes, and collector’s edition offerings. USE/SUBSCRIPTION – Liquid’s new LMTP will enable creation and management of utility tokens for subscribers to access various types of content or events, including but not limited to film genre, film writer, film producer, TV programs, entertainment niches, live events, online events, games, downloadable content, and specific game architects. FINANCING – Production financing is key to a project’s success and ultimately its completion. The new LMTP from Liquid will assist in the formation and distribution of Security Token Offerings (STOs), subject to regulatory approvals, for projects that are unable to secure traditional financing, that may have multiple assets of differing values and appeal that can be subdivided, or project managers preferring decentralized finance (DeFi). LICENSING/PROTECTION – Leveraging CurrencyWorks’ image rights platform, the new LMTP will give industry professionals the ability to discover patent infringement as well as manage ongoing copyrights, licenses, and royalties for all NFTs. These NFTs can be monetized in perpetuity with both the creator and Liquid sharing in the ongoing royalties. “Liquid’s innovative new multi-token platform has the power to dramatically accelerate and de-risk the business of any small or independent content creator,” said Thomson. “We look forward to supporting them with our business solutions from concept through to monetization. Liquid will be there from start to finish.” About Liquid Media Group Ltd. Liquid Media Group Ltd. (Nasdaq: YVR) is a business solutions company empowering independent IP creators. Liquid’s end-to-end solution will enable professional video (film/TV and video game) creation, packaging, financing, delivery and monetization, empowering IP creators to take their professional content from inception through the entire process to monetization. The groundbreaking new Liquid Media Token Platform will empower its users to capitalize and monetize all four pillars of IP: Creation, Use/Subscription, Financing and Licensing/Protection. Additional information is available at www.LiquidMediaGroup.co. Further information: Daniel Cruz Liquid Media Group Ltd. +1 (416) 489-0092 pg@liquidmediagroup.co Media requests: Adam Bello Media and Analyst Relations Manager Primoris Group Inc. +1 (416) 489-0092 x 226 media@primorisgroup.com Cautionary Note Regarding Forward-Looking Statements This news release includes statements containing certain "forward-looking information" within the meaning of applicable securities law ("forward-looking statements"). Forward-looking statements are typically identified by words such as: "believe", "expect", "anticipate", "intend", "estimate", "potentially" and similar expressions, or are those, which, by their nature, refer to future events. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements to be materially different from those implied by such statements. Such factors include, but are not limited to: developments related to the COVID-19 pandemic, regulatory actions, market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.
- GlobeNewswire
CurrencyWorks Signs Client Partnership with Liquid Media to Create a Unique Multi-Token IP Platform
Los Angeles CA, March 31, 2021 (GLOBE NEWSWIRE) -- CurrencyWorks Inc. (“CurrencyWorks” or the “Company”), (TSXV: CWRK and OTCQB: CWRK) a financial technology blockchain pioneer, NFT, and digital payment provider today announced a client partnership with Liquid Media Group Ltd. (“Liquid Media” or “Liquid”) (Nasdaq: YVR), to create a unique multi-token IP platform. The platform, engineered by CurrencyWorks for Liquid Media will serve the evolving needs of film, entertainment, and gaming industry professionals, and capture opportunities to conceptualize and create content once, then monetize it in perpetuity. The multi-token platform build-out will include NFTs, utility tokens, and eventually security tokens. Both Liquid Media and CurrencyWorks will retain a small portfolio of NFTs and Security Tokens, subject to regulatory approval, creating a content library, supports the artists on its platform, and provide potential upside for shareholders. “Liquid Media is the ideal client because they have IP that will make an incredibly powerful multi-token platform use-case,” said Cameron Chell, CurrencyWorks Chairman. “NFTs can brokerage a new way to connect with fans across music, film, and gaming creating opportunities for content creators in the entertainment industry. This adds a new revenue stream, in addition to creating stronger engagement with their audience base. The possibilities around what can be created within the platform are endless.” The CurrencyWorks Liquid Media Token Platform will offer four IP pillars: Creation, Use/Subscription, Financing, and Licensing/Protection. CREATION – Intellectual property is the heartbeat of Liquid’s business. The new LMTP will allow IP creators to enhance their offerings through innovative NFTs (non-fungible tokens). While traditional digital collectibles will be available, LMTP will also allow creators, writers, and producers to maximize the full potential of NFTs in short and long-form with built-in licensing and use rights for NFT holders, exclusive content, behind the scenes, and collector’s edition offerings. USE/SUBSCRIPTION – Liquid’s new LMTP will enable the creation and management of utility tokens for subscribers to access various types of content or events, including but not limited to film genre, film writer, film producer, TV programs, entertainment niches, lives events, online events, games, downloadable content, and specific game architects. FINANCING – Production financing is key to a project’s success and ultimately its completion. The new LMTP from Liquid will assist in the formation and distribution of Security Token Offerings (STOs), subject to regulatory approvals, for projects that are unable to secure traditional financing, that may have multiple assets of differing values and appeal that can be subdivided, or project managers preferring decentralized finance (DeFi). LICENSING/PROTECTION – Leveraging CurrencyWorks’ image rights platform, the new LMTP will give industry professionals the ability to discover patent infringement as well as manage ongoing copyrights, licenses, and royalties for all NFTs. These NFTs can be monetized in perpetuity with both the creator and Liquid sharing in the ongoing royalties. “Liquid’s innovative new multi-token platform that CurrencyWorks is creating will have the potential power to dramatically accelerate and de-risk the business of any small or independent content creator,” said Ron Thomson, CEO of Liquid Media. “We look forward to working with CurrencyWorks with our business solutions from concept through to monetization. Liquid will be there from start to finish.” Both Liquid Media and CurrencyWorks will retain a small portfolio of NFTs and Security Tokens, creating a content library, supports the artists on its platform, and provide potential upside for shareholders. Additionally, to cement the partnership, the companies will swap undisclosed equity considerations, while CurrencyWorks will receive cash consideration for the initial development of the platform. A pioneer in the NFT space, the CurrencyWorks Collectibles NFT platform includes unique features and capabilities to help drive value and the best user experience of the NFTs created and managed for its customers. CurrencyWorks has value-add features including the design of NFTs, automatic copyright registration with the United States copyright office, automated usage tracking, and license management in addition to exclusive content, features, and benefits. CurrencyWorks recently announced that it will be creating the first NFTs for the Barrett-Jackson Auction Company. Debuting in the first series will be auctions and exclusive content of the sale of VIN 001 vehicles including 2021 Ford Bronco 2-Door VIN 001, 2022 GMC Hummer EV Edition 1 VIN 001, 2021 Ram 1500 TRX Launch Edition VIN 001, and 2021 Ford Mustang Mach 1 VIN 001. About Liquid Media Group Ltd. Liquid Media Group Ltd. (Nasdaq: YVR) is a business solutions company empowering independent IP creators. Liquid’s end-to-end solution will enable professional video (film/TV and video game) creation, packaging, financing, delivery, and monetization, empowering IP creators to take their professional content from inception through the entire process to monetization. The groundbreaking new Liquid Media Token Platform will empower its users to capitalize and monetize all four pillars of IP: Creation, Use/Subscription, Financing, and Licensing/Protection. Additional information is available at www.liquidmediagroup.co. Further information: Daniel CruzLiquid Media Group Ltd.+1 (416) 489-0092pg@liquidmediagroup.co Media requests: Adam BelloMedia and Analyst Relations ManagerPrimoris Group Inc.+1 (416) 489-0092 x 226media@primorisgroup.com About CurrencyWorksCurrencyWorks Inc. (TSXV: CWRK and OTCQB: CWRK) is a publicly-traded company that builds and operates FinTech Platforms for Digital Currencies, Digital Assets, and Security Tokens. For more information on CurrencyWorks, please visit us at www.currencyworks.io. For additional investor info visit www.currencyworks.io or www.sedar.com and www.sec.gov searching CWRK. Media ContactArian Hopkinsarian@currencyworks.io Company ContactBruce Elliott, PresidentPhone: 424-570-9446Bruce.elliott@currencyworks.io Disclaimer for Forward-Looking Statements This news release contains “forward-looking statements.” Statements in this news release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things: the statements relating the launch of the NFT platform in Q2 of 2021; the statements relating to creating the first NFTs for the Barrett-Jackson Auction Company; and that creating accessibility to Liquid Media’s users through CurencyWorks’ proprietary platform to NFTs such as the recently announced VIN001 series from Barrett-Jackson is another step in broadening the Company’s base. The material assumptions supporting these forward-looking statements include, among others, that Barrett Jackson Auction Company and the Company will enter into a definitive agreement with respect to the transactions contemplated under the letter of intent (the “LOI”) and complete the transactions as contemplated; that there will be no material variations in current regulatory environments in which the Company operates; the perceived benefits from the Company’s blockchain solutions will be as expected; and the Company will be able to obtain any necessary financing on acceptable terms. Although management considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. These forward-looking statements are only predictions and involve known and unknown risks, uncertainties and other factors, including: the risk that the parties will not enter into a definitive agreement as contemplated in the LOI or at all; the risk that the parties will not complete the transactions contemplated in the LOI; the parties will not complete the transactions as contemplated in the agreement between the Company and Liquid Media; the risk that the Company will be unable to efficiently build the blockchain solutions; the risk that there may be negative changes in general economic and business conditions; the risk that the Company may have negative operating cash flow and not enough capital to complete the blockchain solutions; the risk that the Company may not be able to obtain additional financing as necessary; the risk that there may be increases in capital and operating costs as a result of working on the blockchain solutions; the risk that the blockchain solutions may be subject to fraud and other failures; the risk that there may be technological changes and developments in the blockchain that make the blockchain solutions obsolete; risks relating to regulatory changes or actions which may impede the development or operation of the blockchain solutions; the risk that other competitors may release similar blockchain solutions; and other general risks involved in the blockchain solutions. Any of these risks may cause the Company’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Further, although the Company has attempted to identify factors that could cause actual results, levels of activity, performance or achievements to differ materially from those described in forward-looking statements, there may be other factors that cause results, levels of activity, performance or achievements not to be as anticipated, estimated or intended. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by applicable law, including the securities laws of the United States and Canada. Although the Company believes that any beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. The Company does not assume any liability for disclosure relating to any other company mentioned herein. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
