Versus Systems Inc. (“Versus” or the “Company”) (Nasdaq: VS) today
announced that Animoca Brands, one of the largest and most visible
blockchain gaming companies in the world, recently participated in
the Company’s public offering that closed on February 28, 2022.
Animoca Brands is a global leader in digital entertainment,
blockchain, and gamification that is driving digital property
rights via NFTs and gaming to help build the open metaverse. Its
strategic investment demonstrates its support for Versus’ vision
for the future of rewards in entertainment and reflects its
confidence in Versus’ proprietary technology and growth
roadmap.
“Animoca Brands is hugely influential in blockchain, games,
rewards, and Web 3.0 products and investing. As its partnerships
with and investments in Axie Infinity, Dapper Labs, OpenSea, Thetan
Arena, Polygon and others have shown, Animoca has a deep
understanding of Web3, gamification, and the potential of
rewards-based audience engagement,” said Matthew Pierce, Founder
and CEO of Versus Systems. “Having worked with Animoca Brands for
many years, its investment in Versus is a meaningful reflection of
its confidence in our technology, business model, and growth
strategy. Both companies are strongly aligned in their vision for
audience interactivity and rewards in the future of digital
entertainment.”
Yat Siu, the Executive Chairman and Co-Founder of Animoca
Brands, said: “We believe that Versus Systems is well-positioned to
bring its engagement and rewards expertise to Web3 and blockchain
to leverage play-to-earn and watch-to-earn platforms. We look
forward to new and exciting developments from Versus as it brings
its expertise in audience engagement to the open metaverse.”
About Versus Systems
Versus Systems Inc. is an engagement and rewards company that
makes live events, games, shows, and apps more fun to watch and
play. Versus adds interactive games, polling, trivia, predictive
elements, and other win conditions to existing entertainment -
whether in-venue or online - making the content more contextual,
personal, and rewarding. Versus works with world class sports
teams, leagues, venues, entertainment companies, and other content
creators to make engaging, rewarding experiences for fans all over
the world. For more information, please visit
www.versussystems.com or visit the official Versus
Systems YouTube channel.
About Animoca Brands
Animoca Brands, a Deloitte Tech Fast winner and ranked in the
Financial Times list of High Growth Companies Asia-Pacific 2021, is
a leader in digital entertainment, blockchain, and gamification. It
develops and publishes a broad portfolio of products including the
REVV token and SAND token; original games including The Sandbox,
Crazy Kings, and Crazy Defense Heroes; and products utilizing
popular intellectual properties including Disney, WWE, Snoop Dogg,
The Walking Dead, Power Rangers, MotoGP™, and Formula E. The
company has multiple subsidiaries, including The Sandbox, Blowfish
Studios, Quidd, GAMEE, nWay, Pixowl, Bondly, Lympo, and Grease
Monkey Games. Animoca Brands has a growing portfolio of more than
170 investments in NFT-related companies and decentralized projects
that are contributing to building the open metaverse, including
Axie Infinity, OpenSea, Dapper Labs (NBA Top Shot), Yield Guild
Games, Harmony, Alien Worlds, Star Atlas, and others. For more
information visit www.animocabrands.com or follow on Twitter or
Facebook.
Investor Contact:Cody Slach and Sophie
PearsonGateway Investor
Relations949-574-3860IR@versussystems.com
orpress@versussystems.com
Disclaimer for Forward-Looking
InformationThis news release contains certain
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. All statements, other
than statements of historical fact, are forward looking statements
and are based on expectations, estimates and projections as at the
date of this news release. Any statement that involves discussions
with respect to predictions, expectations, beliefs, plans,
projections, objectives, assumptions, future events or performance
(often but not always using phrases such as "expects", or "does not
expect", "is expected", "anticipates" or "does not anticipate",
"plans", "budget", "scheduled", "forecasts", "estimates",
"believes" or "intends" or variations of such words and phrases or
stating that certain actions, events or results "may" or "could",
"would", "might" or "will" be taken to occur or be achieved) are
not statements of historical fact and may be forward looking
statements. These forward-looking statements are based on
reasonable assumptions and estimates of management of the Company
at the time such statements were made. Actual future results may
differ materially as forward-looking statements involve known and
unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of the Company to
materially differ from any future results, performance or
achievements expressed or implied by such forward-looking
statements. Although the forward-looking statements contained in
this news release are based upon what management of the Company
believes, or believed at the time, to be reasonable assumptions,
the Company cannot assure shareholders that actual results will be
consistent with such forward-looking statements, as there may be
other factors that cause results not to be as anticipated,
estimated or intended. Accordingly, readers should not place undue
reliance on forward-looking statements and information. There can
be no assurance that forward-looking information, or the material
factors or assumptions used to develop such forward-looking
information, will prove to be accurate. The Company does not
undertake any obligations to release publicly any revisions for
updating any voluntary forward-looking statements, except as
required by applicable law.
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