CWRK - Liquid Media to partner with CurrencyWorks to create multi-token IP platform
Liquid Media (YVR) jumps 12.5% pre-market, as it announced plans to create the first of its kind multi-token IP platform; and has engaged in partnership discussions for platform engineering with CurrencyWorks (CWRK).The Liquid Media Token Platform will serve to support the evolving needs of film, entertainment and gaming industry professionals, and capture opportunities to conceptualize and create content once, then monetize it in perpetuity.Both Liquid Media and CurrencyWorks will retain a small portfolio of NFTs (non-fungible tokens) and security tokens. Additionally, to cement the partnership, the companies will swap undisclosed equity considerations; CurrencyWorks to receive a cash consideration for the initial development of the platform.“Liquid’s innovative new multi-token platform has the power to dramatically accelerate and de-risk the business of any small or independent content creator. We look forward to supporting them with our business solutions from concept through to monetization. Liquid will be there from start to finish,” commented Ron Thomson,
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Liquid Media to partner with CurrencyWorks to create multi-token IP platform