Home Entertainment company BIGG Digital Assets Inc. holding company TerraZero is acquiring 185 parcels of virtual real estate in Decentraland, worth approximately $2,775,000, to build a massive entertainment destination in the metaverse

BIGG Digital Assets Inc. holding company TerraZero is acquiring 185 parcels of virtual real estate in Decentraland, worth approximately $2,775,000, to build a massive entertainment destination in the metaverse

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VANCOUVER, British Columbia, March 07, 2022 (GLOBE NEWSWIRE) — BIGG Digital Assets Inc. (“BIGG” or the “Company”)(CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W)owner of Netcoins (Netcoins.ca) (“Netcoins”), the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell and understand cryptocurrency, and owner of Blockchain Intelligence Group (blockchaingroup.io) (“BIG”), a leading developer of blockchain technology research, risk scoring and data analytics solutions, is pleased to announce that its portfolio company TerraZero (“TerraZero”) has acquired one of the most important areas for Decentraland to build the premier entertainment destination in the Metaverse. The company envisions this destination will include immersive experiences such as virtual concerts, film screenings, shopping, cultural and educational experiences.

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Additionally, TerraZero announces that Mr. Carl Fravel, renowned technology executive and Decentraland entrepreneur and district manager, has joined the Company as a strategic advisor. Effective immediately, Mr. Fravel will bring his expertise in Metaverse strategy and execution to TerraZero’s growing portfolio of products and services, including its Metaverse Studio used for builds and deployments across Metaverse worlds.

As part of the new partnership, Mr. Fravel has sold a portion of his personal collection of prime strategic virtual real estate, 185 plots in total, which he has owned since the launch of Decentraland, for a combination of equity and investment. money from TerraZero. The 185-plot estate has an estimated market value of around US$2,775,000[1]. Fravel sees this transaction as a watershed moment for business and e-commerce in the Metaverse. He commented:

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“I see the metaverse in the early stages of a paradigm shift to deep substance – major entertainment, highly functional real estate, web3 commerce, experiential advertising, education, telemedicine, and entirely new use cases. The opportunities within the metaverse to benefit humanity are endless, and I look forward to helping support and grow TerraZero, a company whose vision, leadership, and ethics I have greatly admired. I’m thrilled to be a major shareholder in TerraZero and I’m excited to see the future of the metaverse unfold.

Since his formation in 2017, Mr. Fravel has acted as a key advisor and district manager for Decentraland, develops and improves the Decentraland conference center (https://dclconf.com) as a founder, supports various official Decentraland districts like Aetheria, Virtual Reality Shopping, Decentraland University, and Chobury as a member of their district leadership teams, and has been named Chancellor of Decentraland University.

TerraZero intends to build a massive cityscape on part of the 185-plot expanse – which could be one of the biggest undertakings in the Metaverse. TerraZero’s Chief Metaverse Officer, Ryan Kieffer, has hosted and built some of the largest and most successful Metaverse events, including the first live music festival. As TerraZero resumes its acquisition of 185 plots from Mr. Fravel, Ryan Kieffer has big plans for the virtual terrain:

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“The Metaverse will be about creating immersive spaces where people can do everything they love in the real world, but in the virtual world. We want to create an urban environment similar to Epcot or Universal Studios where users can start exploring in the morning and going through the night without even scratching the surface of what is possible.Sightseeing, shopping, concerts, film premieres, museums, attractions, it all has to be there and larger than life.

Dan Reitzik, Blockchain veteran and CEO of TerraZero, says:

“Our company and the entire team are truly honored to include such awesome Decentraland entrepreneurs as Carl Fravel and Ryan Kieffer on our team. With the wisdom of Carl Fravel and the leadership of Ryan Kieffer, TerraZero will focus on creating solutions to further enhance the scope of what is possible in the metaverse, for the creation of thriving new economies and awesome user experiences that will shape the implementation of Web 3.0 and create a better future for all.

[1] Based on current estimated average cost of $15,000 per package in Decentraland

On behalf of the Council

Marc Binns
CEO
[email protected]

Investor Relations

Victoria Rutherford
[email protected]

Phone. : 1.480.625.5772

About BIGG Digital Assets Inc.
BIGG Digital Assets Inc. (BIGG) believes the future of crypto is a safe, compliant, and regulated environment. BIGG invests in products and businesses to support this vision. BIGG has three holding companies: Netcoins (netcoins.ca), Blockchain Intelligence Group (blockchaingroup.io) and TerraZero (terrazero.com).

Blockchain Intelligence Group builds technology to power compliance and intelligence for the future of crypto. Banks and crypto companies depend on our technology to monitor the risks of crypto transactions. Investigators and law enforcement quickly identify and track illicit activity. Blockchain Intelligence Group is recognized worldwide by banks, crypto companies, law enforcement, fintechs, regtechs and governments.

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netcoins develops brokerage and exchange software to make buying and selling cryptocurrency easily accessible to the mass consumer and investor with a focus on compliance and security. Netcoins uses BitRank Verified® software at the core of its platform and facilitates crypto trading through a self-service crypto brokerage portal on Netcoins.app.

TerraZero is a vertically integrated Metaverse development group and leading Web 3.0 technology company specializing in the Metaverse space. The company’s Metaverse-agnostic vision is to grow, acquire, and fund the Metaverse’s most promising companies, entrepreneurs, and developers. TerraZero also owns digital real estate and provides offices and services to people interested in the metaverse. Additionally, TerraZero acquires, designs, builds and operates virtual assets and solutions to monetize the Metaverse ecosystem. The Company’s activities are segmented into five (5) divisions which include: (1) virtual real estate; (2) advertising; (3) data analysis; (4) events and marketing; and (5) infrastructure. TerraZero aims to support the community, foster innovation and drive adoption.

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Forward-looking statements:

Certain statements in this release are forward-looking statements, which include the completion of search technology software and other matters. Forward-looking statements consist of statements that are not purely historical, including statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forward-looking statements such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe”, and “continue”. or the negative thereof or similar variations. . Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous known and unknown, general and specific assumptions, risks and uncertainties, which contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not be achieved. These assumptions, risks and uncertainties include, among other things, the state of the economy generally and financial markets in particular, and other factors, many of which are beyond BIGG’s control. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Undue reliance should not be placed on forward-looking information, as BIGG cannot guarantee that it will prove to be accurate. Important factors that could cause actual results to differ materially from BIGG’s expectations include consumer sentiment toward BIGG’s products and Blockchain technology generally, technology failures, competition and the inability of counterparties to perform their contractual obligations.

The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, BIGG disclaims any intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Further, BIGG assumes no obligation to comment on any expectations or representations made by third parties with respect to the matters discussed above.

The CSE accepts no responsibility for the adequacy or accuracy of the content of this press release.

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