Metaverse Company InfiniteWorld will
incorporate Vaunt's sports and entertainment intellectual property
to create a new Web3 culture that leverages NFTs to bridge the
physical and the digital realms.
Metaverse infrastructure company Infinite Assets, Inc.
(“InfiniteWorld”) partners with sports and entertainment
intellectual property (IP) company Vaunt Inc. (“Vaunt”)to create a
Metaverse community of creators, including world-class athletes,
artists, celebrities, and brands.
This strategic partnership comes on the heels of InfiniteWorlds’
investment in Vaunt's $5M Series A financing round, which also
included participation from the investment arm of the Los Angeles
Dodgers’ ownership group Elysian Park Ventures. Other notable
shareholders and investors in Vaunt include the National Basketball
Players Association, former president of Turner Media David Levy,
and True Capital Management (a financial management company
representing more than 250 professional athletes). The exclusive
partnership includes InfiniteWorld creating and distributing Vaunt
branded NFTs for their live streaming events of alternative sports
competitions.
InfiniteWorld, which in December 2021 announced that it had
entered into a business combination agreement with Aries I
Acquisition Corporation (Nasdaq: RAM) (“Aries”), has a track record
of supporting global brands to enter the Metaverse through NFT
engagement and community experiences. Recent NFT partners of
InfiniteWorld include McLaren Automotive.
Vaunt Co-Founder and CEO as well as former NBA player Roger
Mason Jr., said, "We're very excited to be partnering with
InfiniteWorld, a leader in establishing brand experiences in the
Metaverse, and we look forward to collaborating to build a Web3
culture that people want to participate in. Culture is formed by
creators—artists, athletes, entertainers, and influencers—that's
what we bring to the future of Web3."
Yonathan Lapchik, CEO of InfiniteWorld, said, "By combining
Vaunt's entertainment and sports IP with InfiniteWorld's metaverse
infrastructure, we aim to create a Web3 culture spanning the
physical and digital worlds that's unlike anything being attempted
by other NFT platforms."
For more information on InfiniteWorld visit:
https://www.infiniteworld.com/.
About Vaunt
Vaunt is a Sports and Entertainment intellectual property (IP)
development company that creates and produces alternative sports
competitions and content. Vaunt partners with athletes, artists,
and entertainers to develop unique interactive fan experiences that
fuse entertainment with technology, social, sports betting, and
merchandise including collectibles and non-fungible tokens (NFTs).
From ideation to implementation, Vaunt provides the infrastructure
for talent to monetize their passions while cultivating community
and building sustainable and scalable brands. Vaunt was founded by
former NBA Star and business executive Roger Mason Jr. and startup
and technology executive Omari Ware. To learn more, visit
www.vaunt.com. You can also find us on Twitter @Vaunt and Instagram
@Vaunt.
About InfiniteWorld
InfiniteWorld, part of the SUKU Ecosystem, an NFT and metaverse
infrastructure company that enables brands to create, monetize, and
drive consumer engagement with digital content, is poised to become
a publicly traded company through a business combination with Aries
I Acquisition Corporation (Nasdaq: RAM), a special purpose
acquisition company. InfiniteWorld has been highly sought after for
its ability to create programs around NFTs and other digital assets
that offer increased conversion at a lower cost than its
competitors while deploying its technology at a faster rate.
About Aries I Acquisition Corporation
Aries I Acquisition Corporation (NASDAQ: RAM) was founded by its
Chairman, Thane Ritchie. The Company is a special purpose
acquisition company whose business purpose is to effect a merger,
capital stock exchange, asset acquisition, stock purchase,
reorganization or similar business combination with one or more
businesses.
On December 13, 2021, InfiniteWorld announced its entry into a
definitive business combination agreement with Aries. Closing of
the business combination is subject to customary closing conditions
including the approval of the shareholders of Aries.
For materials and information, visit
https://www.infiniteworld.com/ for InfiniteWorld and
https://www.ariescorp.io/ for Aries.
No Offer or Solicitation
This press release is not a proxy statement or solicitation of a
proxy, consent or authorization with respect to any securities or
in respect of the potential transaction and does not constitute an
offer to sell or a solicitation of an offer to buy any securities
of Aries or InfiniteWorld, nor shall there be any sale of any such
securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of such state or
jurisdiction. No offer of securities shall be made except by means
of a prospectus meeting the requirements of the Securities Act.
Important Additional Information Regarding the Transaction
Will Be Filed With the SEC
In connection with the proposed business combination, Aries
intends to file with the SEC a registration statement on Form S-4
containing a preliminary proxy statement and a preliminary
prospectus of Aries, and after the registration statement is
declared effective, Aries will mail a definitive proxy
statement/prospectus relating to the proposed business combination
to its shareholders and InfiniteWorld’s shareholders. This press
release does not contain all the information that should be
considered concerning the proposed business combination and is not
intended to form the basis of any investment decision or any other
decision in respect of the business combination. Aries’s
shareholders and other interested persons are advised to read, when
available, the preliminary proxy statement/prospectus and the
amendments thereto and the definitive proxy statement/prospectus
and other documents filed in connection with the proposed business
combination, as these materials will contain important information
about InfiniteWorld, Aries and the proposed business combination.
When available, the definitive proxy statement/prospectus and other
relevant materials for the proposed business combination will be
mailed to shareholders of Aries as of a record date to be
established for voting on the proposed business combination. Such
shareholders will also be able to obtain copies of the preliminary
proxy statement/prospectus, the definitive proxy
statement/prospectus and other documents filed with the SEC,
without charge, once available, at the SEC’s website at
www.sec.gov, or by directing a request to Aries I Acquisition
Corporation, 23 Lime Tree Bay, P.O. Box 1569 Grand Cayman, Cayman
Islands.
Participants in the Solicitation
Aries and InfiniteWorld and their respective directors,
executive officers, other members of management, and employees,
under SEC rules, may be deemed to be participants in the
solicitation of proxies of Aries’ shareholders in connection with
the proposed transaction. Information regarding the persons who
may, under SEC rules, be deemed participants in the solicitation of
Aries’ shareholders in connection with the proposed business
combination will be set forth in Aries’ registration statement on
Form S-4, including a proxy statement/prospectus, when it is filed
with the SEC. Investors and security holders may obtain more
detailed information regarding the names and interests in the
proposed transaction of Aries’ directors and officers in Aries’
filings with the SEC and such information will also be in the
Registration Statement to be filed with the SEC by Aries, which
will include the proxy statement/prospectus of Aries for the
proposed transaction.
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