Friday, July 15, 2022

Tokens.com Corp. (SMURF)
Another Play-to-Earn Acquisition

Tokens.com Corp is a publicly traded company that invests in Web3 assets and businesses focused on the Metaverse, NFTs, DeFi, and gaming based digital assets. Tokens.com is the majority owner of Metaverse Group, one of the world’s first virtual real estate companies. Hulk Labs, a wholly-owned Tokens.com subsidiary, focuses on investing in play-to-earn revenue generating gaming tokens and NFTs. Additionally, Tokens.com owns and stakes crypto assets to earn additional tokens. Through its growing digital assets and NFTs, Tokens.com provides public market investors with a simple and secure way to gain exposure to Web3.

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.

Joshua Zoepfel, Research Associate, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

A New Acquisition. Tokens.com management announced yesterday the acquisition of play-to-earn company Playte Group, which will be integrated into Tokens.com subsidiary, Hulk Labs. In the acquisition, the Company will be issuing one million shares, or around CAD$400,000, with the Playte team being eligible for additional shares based on meeting various performance-based milestones.

What is Playte Group? Playte Group is a development entity that builds and manages play-to-earn ecosystems, along with building tools in play-to-earn games such as Axie Infinity. Playte Group also is in the process of building a network that consists of 1,000+ players in Africa, primarily in Tanzania and the Democratic Republic of the Congo (DRC).…

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.