Dunn, Pierre, Barnett & Company Canada Ltd

• TerraZero Welcomes Renowned Decentraland Entrepreneur Carl Fravel as Strategic Advisor.
• Acquisition of 185-Parcel Estate of Decentraland Virtual Real Estate from Carl Fravel. Transaction is One of the Largest in Decentraland to Date.
• TerraZero simultaneously acquires leading Metaverse and NFT Marketing Firm BEAR NFT.

TerraZero Technologies Inc. ("TerraZero" or the "Company"), a vertically integrated Metaverse technology company, announces that it has acquired one of the most significant estates in Decentraland to build the premiere entertainment destination in the Metaverse. The company envisions that this destination will include immersive experiences like virtual concerts, film screenings, shopping, cultural and educational experiences.

Technology Executive and Decentraland Entrepreneur Carl Fravel as Keynote Speaker at the ‘Crypto Current Conference’. (CNW Group/TerraZero Technologies Inc.)
Technology Executive and Decentraland Entrepreneur Carl Fravel as Keynote Speaker at the ‘Crypto Current Conference’. (CNW Group/TerraZero Technologies Inc.)
In addition, the company announces that renowned technology executive and Decentraland entrepreneur and district leader, Mr. Carl Fravel, has joined the Company as a strategic advisor. Effective immediately, Mr. Fravel will bring his Metaverse strategy and execution expertise 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 sold a portion of his personal collection of prime strategic virtual real estate, 185 parcels in total, which he has held since the launch of Decentraland, for a combination of shares and cash from TerraZero. The 185-parcel estate has an estimated market value of approximately US$ 2,775,0001.  Mr. Fravel sees this transaction as a watershed moment for business and ecommerce in the Metaverse, as he commented:

"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 of benefit to humanity are endless and I can't wait to help support and grow TerraZero, a company whose vision, leadership and ethics I have greatly admired. I am thrilled to be a significant shareholder of TerraZero and I am excited to watch the future of the Metaverse unfold."

Since its formation in 2017, Mr. Fravel acts as key advisor and district leader for Decentraland, develops and enhances the Decentraland Conference Center (https://dclconf.com) as its founder, supports various official Decentraland districts like Aetheria, Virtual Reality Shopping, Decentraland University and Chobury as member of their district leadership teams, and was appointed as Chancellor of Decentraland University.

TerraZero intends to build a massive cityscape across part of the 185-parcel expanse—one which could be one of the largest undertakings across the Metaverse. If Mr. Fravel represents the generation which saw the rise of the Metaverse, from Second Life to Decentraland, TerraZero's simultaneous acquisition of BEAR NFT represents a torch passing from one generation to the next. BEAR NFT, Co-Founded by 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. In being acquired by TerraZero, BEAR NFT's know-how and execution bolsters TerraZero's already growing roster of Metaverse-veteran talent, which will serve to be integral as TerraZero now takes on their 185-parcel acquisition from Mr. Fravel. Ryan Kieffer has big plans for the virtual land:

"The Metaverse will be about creating immersive spaces where people can do everything they enjoy in the real world, but in the virtual world. We want to build a city-like environment akin to Epcot or Universal Studios where users can start exploring in the morning, and go until the end of the night without even scratching the surface of what is possible. Excursions, shopping, concerts, film premieres, museums, attractions—it all needs to be there and larger than life."

Dan Reitzik, Blockchain-veteran and CEO of TerraZero, states:

"Our Company and the whole team are really honored to include such impressive Decentraland entrepreneurs like Carl Fravel and Ryan Kieffer on our team. Together with Carl Fravel's wisdom and direction from Ryan Kieffer, TerraZero will focus on creating state-of-the-art solutions to further enhance the scope of what is possible in the Metaverse, for the creation of thriving new economies and impressive user experiences that will shape the implementation of Web 3.0 and create a better future for all." 

About TerraZero Technologies Inc.

TerraZero Technologies Inc. ("TerraZero") was founded by cryptocurrency and blockchain pioneer Dan Reitzik. 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 develop, acquire, and finance the Metaverse's most promising companies, entrepreneurs, and developers, while creating solutions to further enhance the Metaverse usability for greater community engagement within the Metaverse, and to connect the real world to the Metaverse, for the creation of new economies and user experiences that will shape the future of Web 3.0. TerraZero also owns digital real estate and provides offices and services to those interested in the Metaverse. Furthermore, TerraZero acquires, designs, builds, and operates virtual assets and solutions to monetize the Metaverse ecosystem. The Company's businesses are segmented into five (5) divisions which include: (1) virtual real estate; (2) advertising; (3) data analytics; (4) events and marketing; and (5) infrastructure. TerraZero aims to support the community, foster innovation, and drive adoption. For more information, please visit www.terrazero.com.

Cautionary Statement Regarding Forward-Looking Information

This news release includes certain statements and information that may constitute forward-looking information or statements. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends," "expects," or "anticipates," or variations of such words and phrases or statements that certain actions, events, or results "may," "could," "should," "would," or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements," are not historical facts and are made as of the date of this news release, which includes without limitation, statements regarding discussions of future plans, estimates, and forecasts and statements as to management's expectations and intentions with respect to, among other things: the Company's intention to develop, grow and monetize its virtual land holdings; that establishing an early presence within the Metaverse will provide the Company with new users, branding, and marketing opportunities; development of products and services; events, courses of action, and the potential of the Company's technology and operations, among others, are all forward-looking information.

Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, market and other conditions, business, economic, and capital market conditions; the ability to manage operating expenses, which may adversely affect the Company's financial condition; the ability to remain competitive as other better financed competitors develop and release competitive products; regulatory uncertainties; access to personnel, employees, and consultants; market conditions and the demand and pricing for products and services; the demand and pricing of cryptocurrencies and NFTs; security threats, including a loss/theft of TerraZero's NFTs, cryptocurrencies, and other assets; TerraZero's relationships with its customers and business partners; TerraZero's ability to successfully define, design, and release new products in a timely manner that meet customers' needs; the ability to attract, retain, and motivate qualified personnel; competition in the industry; the impact of technology changes on the products and industry; failure to develop new and innovative products; the ability to successfully maintain and enforce our intellectual property rights and defend third-party claims of infringement of their intellectual property rights; the impact of intellectual property litigation that could materially and adversely affect the business; the ability to manage working capital; and the dependence on key personnel. As a result, TerraZero may not actually achieve its plans, projections, or expectations. In addition, such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, the ability to develop software successfully, that there will be no regulation or law that will prevent the Company from operating its business, anticipated costs, the ability to secure sufficient capital to complete its business plans, the ability to achieve goals, and the price of cryptocurrencies and NFTs. Given these risks, uncertainties, and assumptions, you should not place undue reliance on these forward-looking statements.

Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain regulatory approval, the continued availability of capital and financing, technology failures, failure to obtain any permits required to operate the business, the impact of technology changes on the industry, the impact of COVID-19 or other viruses and diseases on the Company's ability to operate and hire personnel, competition, security threats including stolen NFTs and cryptocurrencies from TerraZero or its customers, consumer sentiment towards TerraZero's products, services and Metaverse technology generally, failure to develop new and innovative products, litigation, increase in operating costs, increase in labor costs, decrease in the price of cryptocurrencies and NFTs, failure of counterparties to perform their contractual obligations, government regulations, loss of key employees and consultants, and general economic, market, or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of or statements made by third parties

• The Sandbox Metaverse Accelerator Program will invest in 30 to 40 blockchain startups a year, helping to develop the open metaverse
• The program will invest up to US$250,000 in each startup. Top performers will also receive SAND and LAND grants, along with follow-on investment
• Accepted startups will have access to and support from high-profile mentors, including: Cathy Hackl (Futures Intelligence Group), Holly Atkinson (The Sandbox), Holly Liu (Kabam), Janine Yorio (Republic Realm), Leah Callon-Butler (Emfarsis), Manav Gupta (Brinc), Sebastien Borget (The Sandbox), Serena Tabacchi (Museum of Contemporary Digital Art), Susan Cummings (Petaverse), Yam Karkai (World of Women), Yat Siu (Animoca Brands), Yingzi Yuan (Metaverse Summit); plus others (read below).

The Sandbox, a leading decentralized gaming metaverse and a subsidiary of Animoca Brands, has committed US$50M to Brinc, a leading global venture accelerator, for The Sandbox Metaverse Accelerator Program, which will target 100 startups to enhance the open metaverse.

With applications now open and the first cohort scheduled to start in Q2 2022, The Sandbox Metaverse Accelerator Program is a dedicated track within Launchpad Luna, the accelerator launched in mid-2021 as a partnership between Brinc and Animoca Brands. The new program aims to accelerate 30 to 40 startups a year over a three-year period. The program will invest in, mentor, educate, and support the development of promising startups and projects while also providing access to potential partnerships and business development opportunities across the growing networks of The Sandbox, Animoca Brands, and Brinc.

The new program is looking for startups that can enhance the open metaverse, who will be evaluated on their traction, technical expertise, and ability to deliver unique experiences. Startups accepted into the program will receive an initial investment of up to US$250,000 each. The Sandbox will also provide further grants of up to US$150,000 in SAND tokens to the best performers, as well as LAND grants. Startups that demonstrate meaningful traction post-program can also apply for follow-on investment from The Sandbox, Animoca Brands, and Brinc.

The core directive of The Sandbox Metaverse Accelerator Program is to support the launch of new startups that can contribute to the growth and expansion of The Sandbox ecosystem by building unique experiences and populating the platform with fresh creativity and new content. Pioneering blockchain startups in the fields of art, collectibles, culture, entertainment, gaming, media, content, and streaming, are encouraged to apply. Accelerated startups will be empowered to contribute to The Sandbox's rapidly growing ecosystem and actively engage with its existing and growing user base. Online applications are now open at: brinc.io/metaverse.

The Sandbox Metaverse Accelerator Program will support the open metaverse built on shared values and through open, transparent, decentralized governance. This will replace the current paradigm of closed platforms thanks to powerful network effects, creating a more sustainable digital future.

High-profile mentors supporting the program — alongside Yat Siu (Animoca Brands), Sebastien Borget (The Sandbox), Manav Gupta (Brinc) — include: Cathy Hackl (CEO of Futures Intelligence Group), Holly Atkinson (lead blockchain developer at The Sandbox), Holly Liu (co-founder of Kabam), Janine Yorio (CEO of Republic Realm), Leah Callon-Butler (director of Emfarsis and columnist at CoinDesk), Pavel Bains (co-founder of Bluzelle), Serena Tabacchi (director and co-founder of Museum of Contemporary Digital Art), Susan Cummings (CEO of Petaverse Network), Yam Karkai (co-founder of World of Women), and Yingzi Yuan (founder and builder of Metaverse Summit). Web 3.0 leaders from Altitude Games, Binance, Dragonfly Capital, Republic Crypto, and True Global Ventures will also provide mentorship.

The Sandbox metaverse aims to revolutionise how people interact in their day-to-day lives, including how users interact socially, shop, or consume entertainment. Recent partnerships with The Sandbox include Snoop Dogg, who owns virtual land in the metaverse and will give users VIP access to concerts, events and dedicated digital items; Atari, the pioneer of arcade games that has seen recent success as a global gaming brand with RollerCoaster Tycoon, who will introduce IPs from its portfolio to the Sandbox metaverse; and Skybound Entertainment, who brought The Walking Dead game experience to the virtual world.

Brinc continues to invest and support startups in the open metaverse, which represents the new digital frontier. Key areas of focus include entertainment, education, and inclusivity through a more equitable digital economy. The new program will support startups by integrating sustainability, inclusion, and equitability into their business models.

Partnership Commentary

Sebastien Borget, co-founder of The Sandbox and chairman of the Blockchain Gamer Alliance, said: "The Sandbox's Metaverse Accelerator is a major expansion of our ongoing commitment to support the next generation of metaverse entrepreneurs. With imagination, ideas and hard work, startups from all over the world can realize their visions and drive societal impact by creating more opportunities for everyone. We're especially eager to support underrepresented founders in their ambitions as they explore the infinite possibilities offered into The Sandbox ecosystem."

Yat Siu, executive chairman and co-founder of Animoca Brands, said: "The open metaverse will not be owned by any single entity and thus presents an incredible opportunity to create a participatory and collaborative nonzero-sum environment based on openness, equitability, user governance, and digital property rights. We're proud that our partnership with Brinc is powering accelerator programs that support founders to innovate in and scale up the creator economy."

Manav Gupta, founder and CEO of Brinc, said: "We believe the metaverse is not just a destination but a new way of talking about an equitable and more sustainable future. For example, as digital experiences develop, we will find ourselves having fewer reasons to emit carbon to travel for work or play. We may even reduce purchases of physical world products (art, collectibles, merchandise, etc.) that usually have highly unsustainable means of production and are major contributors to climate change. New metaverse startups and Web 3.0 technologies have the potential to not only develop new ways to work and play, but also to democratize access to financial services, education and entertainment. We believe that for the metaverse to thrive, we need developers and content creators to thrive — and this accelerator provides the perfect platform to enable them to do so."

About The Sandbox

The Sandbox, a subsidiary of Animoca Brands, is one of the decentralized virtual worlds that has been fueling the recent growth of virtual real-estate demand, having partnered with major IPs and brands including The Walking Dead, Atari, Rollercoaster Tycoon, Care Bears, The Smurfs, Shaun the Sheep, and Binance. Building on existing The Sandbox IP that has more than 40 million global installs on mobile, The Sandbox metaverse offers players and creators a decentralized and intuitive platform to create immersive 3D worlds and game experiences and to safely store, trade, and monetize their creations.

For more information, please visit www.sandbox.game.

About Brinc

Headquartered in Hong Kong, Brinc is a leader in global venture acceleration, operating 18 multidisciplinary accelerator programs in seven countries. Brinc accelerates startups focused on Internet of Things (IoT), blockchain technology, artificial intelligence, connected hardware, drones, robotics, clean energy and food technology, all within a sustainability mandate.

Brinc has a portfolio of 200+ companies with founders from over 35 countries. Brinc also supports corporations with investment services, distributed innovation strategies, sourcing of new startups and technologies, as well as venture-building Web 3.0-enabled businesses. Global corporations (Manulife, Huawei, Schneider Electric, Puma, Batelco, Merck, Omantel, Linrun Group, Zhihui Park), government organizations (Hong Kong Science Park, NEOM, MBRIF, Guangdong Soft-tech Park), tertiary institutions (HK City University, National University of Singapore) and leading venture funds (Artesian, LeverVC, Tamkeen, EDB) have all run programs with Brinc. In 2021, Brinc launched a series of venture funds to invest in high-potential early stage companies through accelerators and provide LPs with a dedicated innovation platform and access to Series A+ co-investment opportunities.

Learn more about Brinc: www.brinc.io and Brinc's commitment to developing sustainable systems.

About Launchpad Luna

Animoca Brands and global venture accelerator Brinc launched Launchpad Luna in mid-2021 to identify, mentor, and invest in promising blockchain and non-fungible tokens (NFT) startups that are shaping the future of the Web and driving digitalisation. The Launchpad Luna accelerator collaborates with world leading platforms, brands and mentors to identify and foster Web3 & NFT innovation in the fields of culture, art, entertainment, media, gaming, streaming, collectibles, insurance, finance, data management and DeFi. The first cohort invested in 27 startups across these verticals.

About Animoca Brands

Animoca Brands, a Deloitte Tech Fast winner and ranked in the Financial Times list of High Growth Companies Asia-Pacific 2021, is a leader in digital entertainment, blockchain, and gamification. It develops and publishes a broad portfolio of products including the REVV token and SAND token; original games including The Sandbox, Crazy Kings, and Crazy Defense Heroes; and products utilizing popular intellectual properties including Formula 1®, Disney, WWE, Power Rangers, MotoGP™, and Doraemon. The company has multiple subsidiaries, including The Sandbox, Blowfish Studios, Quidd, GAMEE, nWay, Pixowl, Bondly, and Lympo. Animoca Brands has a growing portfolio of more than 150 investments in NFT-related companies and decentralized projects that are contributing to building the open metaverse, including Axie Infinity, OpenSea, Dapper Labs (NBA Top Shot), Yield Guild Games, Harmony, Alien Worlds, Star Atlas, and others. For more information visit www.animocabrands.com or follow on Twitter or Facebook.

Learn More: https://blog.brinc.io/animoca-brands-and-brinc-launch-nft-accelerator-launchpad-luna-7e7490c0805e

With the arrival of Battle for Life in the crypto market  which was developed using blockchain technology, the play-to-earn game sector gains a significant boost. Battle for Life is going to be the "new Axie Infinity", also goes on sale this Thursday (23) with the pre-sale of NFTs, which users can use within the game.

Battle for Life Non-Fungible Tokens (NFTs) can be pre-ordered via the game's official website, https://battleforlife.online/, or through the decentralized PancakeSwap exchange, where any user can purchase their avatar in the form of NFT.
This pre-order phase will initially offer 7,000 Battle for Life NFTs. Users will be able to access the game with the tokens once it´s released on the market.

Battle for Life was created with the Binance Smart Chain (BSC), and has the potential to become the "new Axie Infinity", sparking the next crazy rush in the play-to-earn game market. With cryptocurrency as rewards for all users, the platform hopes to attract thousands of players to a fantastic story that combines sci-fi and avatars in a way never seen before in the gaming world.

According to Rayan Cruz, project's Marketing Director, launch of Battle for Life token marks the beginning of the project roadmap, to create an innovative play-to-earn platform using blockchain technology.

"Battle for Life is being developed to become Axie Infinity´s sucessor in 2022. The game has avatars that have been transformed into NFTs called Terrestrials, also with rewards in cryptocurrency, and an appealing play-to-earn structurer. Players will have access to daily tasks and battles that can generate revenue with these tokens, which are available for purchase on PancakeSwap."

A new blockchain game that allows you to earn money by playing it

Users will be able to face each other in battles after the official launch of Battle for Life, with the game avatars that PancakeSwap will sell during this pre-sale phase, in addition to completing daily tasks with the right to cryptocurrency.

Terrestrials are available for purchase as Battle for Life NFTs; avatars created with special abilities that represent hybrid bodies, animal traits, and sci-fi technology.
In addition to this composition, the body of terrestrials contains gold, graphene and bronze components, which can represent special abilities for each character created specifically for the game.

Terrestrials, who were created in a laboratory to face a threat which nearly annihilated life on Earth in the context of Battle for Life, will face their enemies in epic battles known as technodes.

Battle for Life NFTs will be available during the presale phase through PancakeSwap until December 26, 2021, or as long as the initial stockpile of 7,000 NFTs lasts, whichever happens first.

Battle for Life 

A play-to-earn game, built with blockchain technology on the Binance Smart Chain (BSC) network, that rewards players in cryptocurrency. The game shows the Earth in the distant future, under attack by graphene-powered robots, and is based on a battle between terrestrials and technodes. It uses non-fungible tokens (NFTs). https://www.battleforlife.online

On Dec. 22, 2022, Star Atlas, the AAA-quality next-gen gaming metaverse built on the Solana blockchain, announced Animoca Brands committed to purchasing over $3 million worth of Star Atlas NFT spaceships.

The NFT spaceships sold to Animoca Brands are part of the Galactic Asset Offering (GAO). All revenue from asset sales during the GAO will be used to further the development of the Star Atlas metaverse. In-game assets purchased can be utilized immediately in the browser-based minigame, SCORE, that launched on December 16. More in-game items can be purchased once other NFT drops are released, including several more spaceships dropping for the Shipmas initiative going on through December 26th.

As players and investors continue to pour into the immersive intergalactic metaverse, Star Atlas has released a tool to enable the purchase of its full utility in-game NFT assets in bulk while keeping the same fair terms and conditions as individual players, reflecting its ethos of bringing power to the people. The bulk purchase inquiry tool is available as part of the Galactic Marketplace.

Star Atlas features immersive, photo-realistic graphics and is being hailed as the blockchain-based title most likely to grip a mainstream audience. This allows for an ideal partnership with Animoca Brands, a global leader in gamification and blockchain with a large portfolio of over 150 investments in NFT-related companies and decentralized projects that are contributing to building the open metaverse.

Michael Wagner, co-founder and CEO of Star Atlas, commented: "We are placing a high level of consideration into every aspect of our economics and governance model. These spaceships will allow players to create value from their participation in the ecosystem. With the help of Animoca Brands' partnership, we hope to become a leader in the play-to-earn space by creating a metaverse with the opportunity for players to create real-world impact on their lives."

Star Atlas is striving to be the first blockchain game to deliver a AAA-grade cinematic-quality visual experience. The game's real-time graphics are powered by Unreal Engine 5's Nanite, which allows textural detail to be custom-designed down to the pixel. This will provide Star Atlas with an almost lifelike feel and introduce a level of gameplay fluidity not shared by other blockchain-based titles at present.

Yat Siu, the executive chairman and co-founder of Animoca Brands, commented: "We are looking forward to using these hyper-realistic spaceships in the Star Atlas metaverse when it launches, and to capitalize on its promising in-game economy while we drive opportunities for collaboration and synergy with our products, partners, and the other companies in our investment portfolio."

Pablo Quiroga, co-founder and CRO of Star Atlas, added: "Inspiring collaborations are valuable when the community at large benefits from early visionary supporters like Animoca Brands. Web 3 encourages us to co-create The Metaverse and reminds us of one of our core values, the collective. Downstream distribution of in-game assets will be a cornerstone to the growth of Decentralized Autonomous Corporations (DACs) at Star Atlas."

Players in Star Atlas initially choose a character role, for example, in Transport or Construction, or as a Miner or Data Scanner, and so on, which shapes the nature of their in-game activities, and owning items they use in the game as NFTs. This includes everything from ships to equipment to character skins, and even their metaverse accommodation. Several game assets are already on sale at the game's marketplace, with asset prices ranging from $20 to over $1 million.

SCORE, a core gameplay feature focused on the management of deep space NFTs that earn players the in-game ATLAS currency, is available now. Interested players can join the fleet and learn more about SCORE here.

About Star Atlas

Star Atlas is a next-gen gaming metaverse emerging from the confluence of state of the art blockchain, real-time graphics, multiplayer video game, and decentralized financial technologies.

Real-time graphics technology using Unreal Engine 5's Nanite allows for cinematic quality video game visuals. Blockchain technology using the Solana protocol established a largely serverless and secured gameplay experience. Non-fungible tokens obtained and traded within Star Atlas creates an economy that replicates the tangibility of real world assets and ownership. To learn more, visit StarAtlas.com, join a faction at Play.StarAtlas.com and send your spaceships.