CHICAGO, April 28, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Epazz Inc. (OTC Pink: EPAZ), a mission-critical provider of blockchain cryptocurrency mobile apps and cloud-based business software solutions, announced its plans to create non-fungible tokens to monetize intellectual properties and expand projects of the company.
Epazz, Inc. is currently negotiating to engage a team of experts in the Metaverse innovation, focusing on integrating non-fungible tokens (NFTs) with the technology. The Metaverse experts can identify growth opportunities by monitoring the evolving marketplace, setting category strategy, and managing key partners critically essential to our company's growth in this emerging sector.
Epazz's CryObo blockchain technology project is planning on creating a series of NFTs tied to intellectual property rights, including but not limited to patents, patent-pending technologies, trade secrets, and many more. Shareholders and non-shareholders will be able to purchase these tokens through a personalized electronic wallet independent from the other NFT markets. The token holders shall have the rights to specific intellectual properties as determined by the company.
Furthermore, the Epazz CryObo technology will also issue NFTs backed up with real estate properties to provide token holders with an increased token value to earn income over time.
Shaun Passley, Ph.D., Epazz Inc. CEO, and Chairman, said, "The Epazz CryObo blockchain technology will back up cryptocurrencies with intellectual and real estate properties generating value and liquidity for Bitcoin and non-fungible tokens."
https://www.globenewswire.com/news-release/2022/04/28/2431360/0/en/Epazz-CryObo-Technology-Will-Issue-NFTs-and-Tokens-Backed-with-Real-Estate-Assets-Intellectual-Property-Rights-and-Metaverse-Projects-of-the-Company.html