Key Points - Corporate Update Ahead of Launch of M
Post# of 7028
- Company moving toward significant strategic goals centered around the full launch of the SFLMaven Metaverse Store which will go live on Wednesday, May 18, 2022, at 5 pm ET.
- “We continue to see strong and stable results from our core real-world vintage jewelry business, which is on a path toward significant growth in 2022."
- "we believe in embracing new and innovative pathways – as we did two decades ago when we took vintage jewelry online through eBay"
- "the digital NFT-based vintage jewelry marketplace appears well situated to deliver accelerating growth in the years ahead.”
- "Bloomberg recently calculated that the Metaverse could be worth nearly $800 Billion for investors in the years ahead, marking it as a leading thematic axis around which high-growth portfolios will be built over the coming decade."
- "JPMorgan later backed that up, calling the metaverse a $1 Trillion opportunity."
- "The demand for “skins” and virtual accessories has proven to be a durable and rapidly growing opportunity, as evidenced by Fortnite’s $5.7 Billion in sales of virtual accessories in 2020."
- "The Company believes the market for classic luxury goods in digital form in the Metaverse holds enormous promise as well."
- “Many major brands have started to migrate into a metaverse footprint, including fashion brands such as Dolce & Gabbana, Etro, Elie Saab, Imitation of Christ, DUNDAS, Franck Muller, FaithTribe, Chufy, Jacob & Co, Monnier Frères, Gary McQueen, Mert Otsamo, Guo Pei, and AUROBOROS. This is more than software – it’s a cultural phenomenon still in its very early innings."
- "SFLMaven is firmly committed to establishing itself as the leading vintage digital jeweler in the space. We have already made our fixed cost investments at this point, and the launch is now just days away.”
SFLMaven, Inc. (SFLM) Stock Research Links
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