Marvion™ Enters Into US$20 million Investment Agreement

2022-4-7 06:36

Bonanza Goldfields Corp. is pleased to announce the public filing of an investment agreement signed with an investor for the purchase of up to US$20 million of Bonanza Goldfields Corp. stock. This provides investment into Marvion and will go towards scaling the business operations in 2022 and funding the technological capabilities of the company to build a “Marvion Universe” in the metaverse.

Presently, Marvion’s business focuses on adding value to the media and entertainment industry by applying blockchain and NFT technologies on both tangible and intangible media and entertainment assets. In doing so, Marvion is able to provide legally-binding digital ownership token (DOT) for these assets through minting.

Commenting on the investment, Benny Phang, Group Partnerships Director of Marvion said, “Apart from focusing on our proprietary hybrid-DOT minting capabilities, our goal for 2022 and beyond is to expand our technological capabilities to build something significant in the virtual world, ie. the metaverse. The idea of “Marvion Universe” is in the works and we look forward to bring it to market soon.”

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