YVR Stock: 4.3% Increase Explanation

By Amit Chowdhry ● April 20, 2021
  • The stock price of Liquid Media Group Ltd (NASDAQ: YVR) increased by 4.3%. This is why it happened.

The stock price of Liquid Media Group Ltd (NASDAQ: YVR) increased by 4.3%. Investors are responding positively to CurrencyWorks Inc. (OTCQB: CWRK) announcing a client partnership with Liquid Media Group Ltd. (Nasdaq: YVR) to develop the NFTainment.io platform 0 which will release “Red Carpet” NFTs (non-fungible tokens) with pre-releases starting in May 2021.

Liquid Media Group is known as an end-to-end business solutions company empowering independent intellectual property creators and will work in partnership with CurrencyWorks to bring fans up close and behind the scenes with some of their favorite Hollywood personalities and movies. And Red Carpet NFTs will be as much about experiences as they are about collectibles.

During the summer of 2021, Liquid is going to roll out the Red Carpet for fans through the CurrencyWorks’ powered NFTainment.io, a community and trading platform where fans can buy, sell, or discuss their favorite NFTs and speculate on Liquid’s next drop.

KEY QUOTES:

“We’re excited to showcase the creativity and versatility NFTs can bring to fans, the entertainment industry, and IP holders. When fans get the opportunity to own never-before-seen footage or a chance to capture a rare experience with a celebrity or walk the Red Carpet at a future movie premiere, the world will quickly understand the value NFTs will offer.”

— Ron Thomson, CEO of Liquid Media

“The ability to store extra information like movie scenes, music, or gaming content allows IP owners the opportunity to leverage their brand, their imagination, and really connect with fans on an exciting new level while adding new revenue streams at the same time.” 

— Cameron Chell, CurrencyWorks Chairman

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.