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Aftermath Islands Secures USD $25 Million Commitment from LDA Capital
Aftermath Islands Metaverse Limited | Jul 26, 2022
Utility Token purchase program provides opportunities to accelerate Metaverse growth
Barbados, British Virgin Islands, July 26, 2022 (GLOBE NEWSWIRE) -- Aftermath Islands Metaverse Limited together with Aftermath Islands Tokens Limited (“Aftermath Islands” or the “Company”) have secured a USD $25 million commitment with global investment group LDA Capital Limited, to accelerate Aftermath Islands’ product roadmap, adoption of the Aftermath Islands Metaverse and scaling the ecosystem while supporting the growth of NFTs, digital identity, multi-chain initiatives, play to earn programs, virtualization and blended reality, and other decentralized initiatives.
LDA Capital is proud to participate in the advancements brought by Aftermath Islands to the virtual worlds and games which will transform how players interact and transact with in-game collectible NFT’s. More importantly, the Company is an industry leader when referring to Digital Identity verification, enabling a whole new world of in-game interactions. Ultimately, Aftermath Islands is transforming science-fiction into history, and we are proud to be co-authors of this story.
See: Liquid Avatar Releases Update to It’s Feature Rich Self-Sovereign Identity Mobile App
According to Verified Market Research, the Metaverse Market size was valued at USD 27.21 Billion in 2020 and is projected to reach USD 824.53 Billion by 2030, growing at a CAGR of 39.1% from 2022 to 2030.
LDA’s commitment will support the long-term growth of the Aftermath Islands Metaverse. Aftermath Islands’ Metaverse showcases the use of digital identity to support safety, privacy and security and has adopted using high resolution graphics and pixel streaming to give users a fast, no-download, photo-realistic gaming experience on any device.
The USD $25 Million commitment provides for access to non-equity dilutive growth funds through the purchase of Aftermath Islands Utility Tokens based on the achievement of certain milestones, which Aftermath Islands expects to begin, but cannot guarantee to achieve towards the end of 2022. LDA also has an option to purchase equity in Aftermath Islands Metaverse Limited.
Warren Baker, Managing Partner, LDA Capital:
LDA Capital is proud to participate in the advancements brought by Aftermath Islands to the virtual worlds and games which will transform how players interact and transact with in-game collectible NFT’s. More importantly, the Company is an industry leader when referring to Digital Identity verification, enabling a whole new world of in-game interactions. Ultimately, Aftermath Islands is transforming science-fiction into history, and we are proud to be co-authors of this story.
Read: Understanding The New V2P and P2V Metaverse Commerce Models
David Lucatch, Managing Director of Aftermath Islands:
LDA’s commitment will support the long-term growth of the Aftermath Islands Metaverse. Aftermath Islands’ Metaverse showcases the use of digital identity to support safety, privacy and security and has adopted using high resolution graphics and pixel streaming to give users a fast, no-download, photo-realistic gaming experience on any device.
View the original release --> here
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