Blockchain DeFi Company, The Commission Partners with The Glimpse Group to Create Augmented Reality-Based NFTs for Cryptocurrenc
Categories: US NFT BLOCKCHAIN
The Commission, an Ethereum (ETH) blockchain decentralized finance (“DeFi”) company and creator of The Commission Token, announced a paid partnership between The Glimpse Group and its wholly-owned subsidiary company QReal. The Glimpse Group, Inc. (Nasdaq: VRAR)(FSE:9DR), is a diversified Virtual Reality (“VR”) and Augmented Reality (“AR”) platform company providing enterprise-focused VR and AR software and services solutions.The Commission Token ($CMSN) is one of the first digital assets principally backed by gold, representing a major step toward bridging the gap between traditional hard assets and digital assets. The Commission’s tie-in structures with Saitama, a leading DeFi platform, and Pax Gold, the digital token division of Paxos Trust Company, lend significant institutional credibility to The Commission Token. As such, the Token has generated substantial interest from the cryptocurrency community as well as traditional investors.
Lyron Bentovim, President and CEO of Glimpse commented: “We believe that NFTs will play an instrumental role in facilitating commerce in the metaverse as it evolves. Glimpse continues to develop cutting edge VR, AR, NFT and Blockchain related solutions across our base of subsidiary companies, as important building blocks in our cadre of enabling immersive technologies. This partnership is an excellent representation of our capabilities, and we look forward to assisting The Commission in executing on their mission.”
The Glimpse Group (Nasdaq: VRAR) is a diversified Virtual and Augmented Reality platform company, comprised of multiple VR and AR software & services companies, and designed with the specific purpose of cultivating companies in the emerging VR/AR industry.This press release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business.