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SINGAPORE – Marvion Inc. (OTC:MVNC), a technology company specializing in Web 3.0 solutions, has signed a memorandum of understanding ( announced that they have signed an MOU. entertainment department. The MoU, effective February 1, 2024, aims to combine the strengths of the three entities to improve reward program management and user experience through tokenization.
The partnership plans to tokenize reward points and convert them into digital tokens using blockchain technology, which is expected to increase flexibility and security. This collaboration brings together Marvion's expertise in the DOT and blockchain ecosystem, his CITD knowledge in AI and blockchain, and his MAME Ltd experience in entertainment and event production.
Anthony Au Yeung, COO of MAME Ltd, expressed his enthusiasm for this initiative, which is in line with the company's commitment to innovation and customer satisfaction. A member of pop girl group SPIRAL under MAME, also known as Meme, also expressed optimism about the potential for increased fan interaction through the tokenization of reward points.
The companies involved expect this strategic alliance to lead to new monetization opportunities and accelerate the entertainment industry's engagement in the digital era.
Marvion Inc., a Nevada holding company, provides media distribution services and is actively engaged in building an ecosystem and metaverse for the media and entertainment industry. The group is also engaged in mergers and acquisitions to expand its Web 3.0 offerings.
This news is based on statements in a press release and should be considered with the understanding of the inherent risks and uncertainties, including those outlined in Marvion's regulatory filings with the U.S. Securities and Exchange Commission. there is.
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