CurrencyWorks Announces 27 Hour Sell-Out of $100,000 of Digital Collectibles for the Topps Company on the WAX Blockchain
29 Julio 2020 - 8:15AM
CurrencyWorks Inc. (“CWRK”) (TSXV and OTCQB: CWRK), provides
platforms which build digital currencies and provides a suite of
products and services to create more transactions for brands,
announced today the sell-out of the first digital collectible
series for the Topps Company of the Garbage Pail Kids Series 1 on
the WAX NFT (Non-Fungible Token) Platform.
The Topps Company, Inc. is the preeminent
creator and brand marketer of physical and digital sports cards,
entertainment cards and collectibles, and distinctive confectionery
products. Since 1938, Topps trading cards have become synonymous
with Major League Baseball, Star Wars, WWE, Garbage Pail Kids
as well as other major sports leagues and iconic entertainment
properties. Garbage Pail Kids is a series
of sticker trading cards produced by the Topps
Company. Originally released in 1985 and designed
to parody the Cabbage Patch Kids dolls, which
were popular at the time.
The $100,000 Garbage Pail Kids Series 1
inventory of NFT digital collectibles comprised packs of 5 cards
for $4.99 and 30 cards for $24.99 as digital trading cards which
can be held in digital wallets or traded on the platform. These
sold out in just over 24 hours between May 11-12, 2020 with payment
processing via Stripe. This is the first project for CurrencyWorks
to support the WAX NFT platform.
The advantage of using the WAX NFT platform is
that it allows users to trade collectibles instantly - worldwide,
trade with confidence that every collectible is certified
authentic, unique, and can never be altered and the ability to view
a collectible’s full ownership record and trading history.
CurrencyWorks President Bruce Elliott
noted, "Our first offering where CurrencyWorks supported WAX
purchases and it was a great success. With the incredible work done
by WAX and the processing provided by CurrencyWorks, $100,000 in
Garbage Pail Kids digital collectibles sold out quickly. The future
of digital collectibles is definitely blockchain enabled!”
Cameron Chell, Chairman of Currency Works said
"We believe that Digital Collectibles are a new and powerful asset
for any brand to engage customers plus fans and most importantly to
increase and drive transactions within a brands community. We are
looking forward to upcoming releases of digital collectibles.”
About The Topps Company
Founded in 1938, The Topps Company, Inc. is the
preeminent creator and brand marketer of physical and digital
sports cards, entertainment cards and collectibles, and distinctive
confectionery products. Topps' leading sports and entertainment
products include Major League Baseball, Major League Soccer, UEFA
Champions League, English Premier League, Bundesliga, Star Wars,
WWE, UFC, Wacky Packages, Garbage Pail Kids, Mars Attacks and other
trading cards, sticker album collections and collectibles. Topps'
app portfolio, including Topps BUNT®, Topps NFL HUDDLE®, TOPPS
KICK® and Topps® Star Wars℠ Card Trader, has been a hit with
millions of fans around the world. Topps' confectionery brands
include Ring Pop®, Push Pop®, Baby Bottle Pop®, Juicy Drop® Pop,
and Bazooka® bubble gum. Topps was acquired by Michael
Eisner's Tornante Company and Madison Dearborn Partners in
October 2007. For additional information,
visit Topps.com and Candymania.com.
Contact:Susan Yin syin@rogersandcowan.com
About Wax
WAX is an all-in-one blockchain platform enabling developers to
easily create, sell and trade digital goods to empower businesses
to profit from the next era of digital commerce. For more
information, please visit https://wax.io, Twitter, YouTube and
Telegram. Worldwide Asset eXchange™, WAX and Crypto Collectibles™
are trademarks and the sole property of Worldwide Asset
eXchange.
About CurrencyWorks
CurrencyWorks Inc. (TSX: CWRK and OTCQB: CWRK)
is a publicly-traded company redefining the transaction value chain
for customer attraction, engagement and retention by providing
platforms which build digital currencies and provide a suite of
products and services to create more transactions for brands and
increasing transactions through the creation and implementation of
their own digital currency. CurrencyWorks partners with established
brands who have large customer bases, fan followings, or online
communities. CurrencyWorks acts as a vendor or joint venture to
launch and develop digital currencies to solve real-world problems
and create more transactions.
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
Investor InquiriesPhone: 424-570-9446 ext.
8ir@currencyworks.io
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