$SILS Silver Scott Mines, Inc. Signs Memorandum of
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https://www.accesswire.com/944437/silver-scot...th-mc2-inc
MC2, Inc Will Provide the Backbone for Silver Scott Digital Holdings
FRANKLIN, NJ / ACCESSWIRE / November 19, 2024 / Silver Scott Mines, Inc. (OTC PINK:SILS) a diversifying holding company today announced that it has signed a memorandum of understanding with MC2, Inc.
The MOU will be the basis for a broad-based agreement between the companies to build blockchain focused businesses. At its core, MC2, Inc.'s Crypton Media NFT platform will provide Silver Scott Digital companies with a head start to hit the ground running. MC2, Inc. is ready to migrate its Crypton Media platform to the Mainnet. Silver Scott Digital's TrustNFT.io will utilize the foundation that Crypton Media is built on to build a centralized blockchain NFT platform specifically for authentication purposes.
In addition to utilizing MC2 as a platform basis, Silver Scott Digital has spoken with a top-level development team to complete the necessary changes to launch TrustNFT.io. This project will take time to be fully completed, but Silver Scott Digital has reduced its overall development time significantly with this initial agreement.
Doug Williams, CEO of MC2, Inc. stated, "I have worked with Stuart Fine for many years. He has provided guidance and advice that has gotten me to the point where we will be launching our own platform very soon. He approached me with the idea of creating two specific blockchain businesses utilizing our platform. I thought it was a terrific way to show its utility and flexibility of the Crypton Media Platform. I am looking forward to expanding this relationship over the coming months and years."
Stuart Fine, CEO of Silver Scott Mines, Inc. stated, "Silver Scott Mines, Inc. has an approximately 9% stake in MC2, Inc. Utilizing their platform makes sense both functionally and financially. The overall market for NFTs has increased in scope and utility. With TrustNFT.io we have the opportunity to address problems that have become larger as the sophistication of digital tools allows for increasing criminality in far more efficient ways."