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Liquid Avatar Technologies Inc C.LQID

Alternate Symbol(s):  LQAVF

Liquid Avatar Technologies Inc. is focused on the verification, management and monetization of Self Sovereign Identity, empowering users to control and benefit from the use of their online identity. The Company’s Liquid Avatar Mobile Application, available on the Apple App Store and Google Play, is a verified self-sovereign identity platform that enables users to create digital icons representing their online personas. These icons allow users to manage and control their digital identity and verifiable access and identity credentials, and to use Liquid Avatars to share public and permission based private data when they want and with whom they want. It has developed Liquid Avatar Verifiable Credentials Ecosystem to support all participants in a digital credential ecosystem, including the holder, issuer and verifier, using blockchain and open standards technologies initially as a node on the Indicio Network. Its Meta Park Pass is a W3C verifiable credential designed for interoperability.


CSE:LQID - Post by User

Post by Justdosomeddon Dec 09, 2021 3:32pm
135 Views
Post# 34215901

Business Update / $700,000 in Revenue Since October 1st

Business Update / $700,000 in Revenue Since October 1st
$LQID just sent out the Q4 business update, and things are looking pretty impressive. They continue to focus on business and revenue growth after transitioning out of the R&D phase from previous quarters. I’ll give you guys a quick summary of what they’ve done so far in this Q, according to the news release.
 
- Activated the new version of its Liquid Avatar Mobile App
- Enhanced its Liquid Avatar Verifiable Credentials Ecosystem
- Begun the activation plans for a US-based network card program
- Launched Aftermath Islands, acquiring a 50% interest in the program
 
https://ca.finance.yahoo.com/news/liquid-avatar-technologies-provides-business-133000534.html
These business developments have definitely shown that the transition towards revenue growth was a good idea. Since October 1st, they’ve generated around $700,000 in revenues, and as commercial activities continue to pick up, they should see more growth in the future.
 
The metaverse is rapidly expanding. With big companies like Facebook (Meta) now in, this space is only destined to expand. $LQID’s diverse product range gives me the confidence that they'll be able to take advantage of this growth. They have virtual real-estate, NFTs, financial platforms, and the liquid avatar digital identity system. The current market cap of $27M is fairly small, considering what they‘ve been able to achieve over the past couple of months.
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