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Asia Broadband Advances Development of Second NFT Collection to Accelerate Digital Asset Expansion In High Growth NFT Market
Asia Broadband Advances Development of Second NFT Collection to Accelerate Digital Asset Expansion In High Growth NFT Market.
About this update from Asia Broadband, Inc.
[{"type":"text","content":"\n LAS VEGAS, July 20, 2023 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company is developing a new and second Non-Fungible Token (“NFT”) collection for release in the coming months. The Company has been working through the development process with its NFT team to create the new collection concept and graphic design. Prior to the recent sell out the Company’s first NFT collection the “Golden Baboons Mining Club” (GBMC), a second collection began development to continue to build on the initial collection’s success. In 2022, management created a corporate initiative to enter the NFT market to advance the rapid expansion of the Company’s digital asset business segment and strategically position AABB for growth in the coming years. The NFT market in 2021 realized explosive growth and is estimated to have reached over $40 billion. Furthermore, the NFT market growth trend is currently projected to continue long-term, as NFTs are expected to become increasingly integrated with the general public and accepted by the investment community for their proven authentic and unique properties. https://beincrypto.com/nft-market-200-billion-2030/ The Golden Baboons collection from AABB is backed by physical gold and it is the first gold mine-to-NFT backed project, similarly to the Company’s AABBG token. The GBMC collection had a limited release of 8,888 NFTS that are each backed by a ½ gram of gold. And only 10 lucky purchasers from the entire collection received a rare legendary GBMC NFT that is backed by 1 troy ounce of gold. GBMC holders are part of an exciting project roadmap, which includes future staking, spinoff collections, metaverse entertainment and potentially a limited edition Golden Baboon Tequila Bottle. Now that the GBMC collection is sold out, NFT collectors and enthusiasts can purchase Golden Baboons NFTs on the secondary market from popular sites such as LooksRare.org, X2Y2.io, and MemeNFT.com “After recently selling out our first NFT collection the Golden Baboons, we are really excited to continue expanding our digital assets division with the creation of a second NFT collection. Our NFT team has been really focused on collaborating with management to refine the ideal creative conc...