WUHAN, China, Nov. 10, 2021 /PRNewswire/ -- Dunxin Financial
Holdings Limited (NYSE MKT: DXF) ("Dunxin Financial" or the
"Company") has announced that it will officially transition its
business into the Metaverse Industry after research and development
of over two years. The Company is planning to recruit professionals
and is evaluating multiple projects at this stage.
The artwork of digital artist Beeple (Mike Winkelmann), "Evertdays: The First 5000
Days", was auctioned for US$69
million at Christie's. With the number of NFT users growing
exponentially, "Play to Earn(P2E)" game "Axie Infinity", which was
driven by Block Chain technology, arrived on the scene, and
surpassed "Honor of Kings" in terms of revenue, and marked its spot
on list of top 3 mobile games within 30 days.
The Company devotes to become a digital culture and
entertainment technology platform that possess core intellectual
properties and key technologies. Dunxin Financial enters into the
Metaverse related industries (including Block Chain, NFT,
Artificial Intelligence, hard and software of AR&VR, games,
etc) by ways of independent research and development, investment
and cooperation, etc. The Company wishes to cooperate with parties
in the industry.
CEO of Dunxin Financial, Mr. Ricky
Wei commented, "we conducted intensive researching and
studying of massive practitioners in block chain, coin and mining
industry and communicated with international and domestic institute
experts and professionals in last two years. Benefiting from Block
Chain technology, 5G6G technologies and upgrade of internet
technology, Metaverse is believed to be the largest technology
revolution after the waves of the internet technology, whose aim is
to break the physical limitation and realization of virtual
space-sharing. I believe that the ultimate Metaverse is in
connection with both physical world and mathematics world. It will
become a part of people's lifestyle and will rebuild the digital
economy system. Metaverse innovatively creates new species by
integration of discrete single point and brings potentials and
opportunities in long term.
The next 3-5 years will be an early-stage exploration period of
Metaverse. Massive technology breakthrough and business model
innovation in VR/AR, NFT, AI, Cloud, PUGC game platform, digital
human and Digital Twin City will emerge. In the mid to long term,
the investment opportunities includes GPU, 3D Graphic Engine, Cloud
Computing and IDC, High-speed Wireless Communication, internet and
game platform, Digital Twin City, etc. The Metaverse is likely to
create great investment opportunities in the next ten years.
About Dunxin Financial
Dunxin Financial, established in March
2013 with headquarter in Wuhan,
China, is an innovative fintech company originally engaged
in business of providing loan facilities to micro sized enterprise
and individuals. After its business transition, the Company will
develop block chain, NFT digitalization and be in volved in the
Metaverse business.
Safe Harbor Statement
This press release contains forward-looking statements. These
statements constitute "forward-looking" statements within the
meaning of Section 21E of the Securities Exchange Act of 1934, as
amended, and as defined in the U.S. Private Securities Litigation
Reform Act of 1995. These forward-looking statements can be
identified by terminology such as "will," "to be," "expects,"
"anticipates," "believes," "estimates," or similar expressions,
involve known and unknown risks and uncertainties. Such statements
are based upon management's current expectations and current market
and operating conditions, and relate to events that involve known
or unknown risks, uncertainties and other factors, all of which are
difficult to predict and many of which are beyond Dunxin
Financial's control, which may cause Dunxin Financial's actual
results, performance or achievements to differ materially from
those in the forward-looking statements. Actual results or events
may differ from those anticipated or predicted in this press
release, and the differences may be material. Further information
regarding these and other risks, uncertainties or factors is
included in Dunxin Financial 's filings with the U.S. Securities
and Exchange Commission. Dunxin Financial does not undertake any
obligation to update any forward-looking statement as a result of
new information, future events or otherwise, except as required
under applicable law.
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SOURCE Dunxin Financial Holding Limited
