Tokens.com Announces Lease Agreement with Skechers on its Fashion Street Domain
TORONTO, March 10, 2022–(BUSINESS WIRE)–Tokens.com Corp. (NEO Exchange Canada: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or “the Company”), a publicly traded company that invests in Web3 crypto assets and Metaverse and NFT-related businesses, is pleased to announce that its subsidiary metaverse group signed a lease with Skechers USA, Inc. (NYSE: SKX), the world’s third largest athletic shoe brand.
Skechers has leased the equivalent of 5,000 square feet of space on virtual land owned by the Metaverse Group to build an experiential store on the Fashion Street Estate located in the Decentraland Metaverse.
“Our collaboration with Skechers marks a crucial evolution in our Metaverse strategy. This partnership makes our subsidiary, Metaverse Group, one of the first virtual landlords to successfully lease its Metaverse properties,” commented Andrew Kiguel, CEO of Tokens.com and Metaverse. Group Executive Chairman. “We not only own valuable virtual real estate, but also generate recurring revenue, similar to landlords in the physical world and online advertising platforms such as major search engines and social media.”
“Our Decentraland deal is an investment in our future,” said Skechers Chairman Michael Greenberg. “We look forward to embarking on this virtual era and exploring creative ways for our brand to engage with new customers and audiences as we launch the new Skechers experience.”
Brands looking to participate in the Metaverse or landowners looking to sell virtual land are encouraged to contact [email protected] for more information.
About Tokens.com
Tokens.com Corp is a publicly traded Web3 company that has an inventory of digital assets based on Metaverse, P2E, DeFi and NFT. Tokens.com is the majority owner of Metaverse Group, one of the world’s premier virtual real estate companies. Hulk Labs, a wholly owned subsidiary of Tokens.com, 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. With its growing digital assets and NFTs, Tokens.com offers public markets investors an easy and secure way to gain exposure on Web3.
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About Metaverse Group
The Metaverse Group is an NFT-based, vertically integrated metaverse real estate company. The group, with global headquarters in Decentraland’s Crypto Valley, also has an eight-figure property portfolio in many of the top virtual worlds. The company intends to continue acquiring, developing and leasing its portfolio of real estate assets. Tokens.com, a publicly traded company, is the majority owner of Metaverse Group.
For more information, please visit https://metaversegroup.com
About SKECHERS USA, Inc.
Skechers USA, Inc. (NYSE: SKX), The Comfort Technology Company™ based in Southern California, designs, develops and markets a diverse line of lifestyle and performance footwear, apparel and accessories for men, women and children. The Company’s collections are available in the United States and more than 180 countries and territories through department and specialty stores, and directly to consumers through 4,306 company-owned and third-party retail stores and commerce sites. electronic. The Company manages its international business through a network of global distributors, joint venture partners in Asia, Israel and Mexico, and wholly owned subsidiaries in Canada, Japan, India, Europe and Latin America. For more information, please visit about.skechers.com and follow us on Facebook, instagram, Twitterand ICT Tac.
This press release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward-looking statements are frequently identified by words such as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to to future events and results. Forward-looking statements are based on management’s current beliefs and expectations. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as more fully described in our securities documents available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution you not to place undue reliance thereon. We undertake no obligation to revise or update these forward-looking statements, except as required by applicable law.
See the source version on businesswire.com: https://www.businesswire.com/news/home/20220310005614/en/
contacts
For more information:
Tokens.com Corp.
Andrew Kiguel, CEO
Phone: +1-647-578-7490
Email: [email protected]
Jennifer Karkula, Communications Manager
Email: [email protected]
Media contact: Ryleigh Ebron – Talk Shop Media
Email: [email protected]