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Blockchain DeFi Firm, The Fee Companions with The

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New York, NY, Could 02, 2022 (GLOBE NEWSWIRE) — The Commission Token, One of many First Digital Belongings Backed by Gold, Achieves Main Growth Milestone with AR-Primarily based Gilded NFTs.

The Fee, an Ethereum (ETH) blockchain decentralized finance (“DeFi”) firm and creator of The Fee Token, introduced a paid partnership between The Glimpse Group and its wholly-owned subsidiary firm QReal. The Glimpse Group, Inc. (Nasdaq: VRAR)(FSE:9DR), is a diversified Digital Actuality (“VR”) and Augmented Actuality (“AR”) platform firm offering enterprise-focused VR and AR software program and providers options.

The Fee Token ($CMSN) is among the first digital property principally backed by gold, representing a significant step towards bridging the hole between conventional onerous property and digital property. The Fee’s tie-in constructions with Saitama, a number one DeFi platform, and Pax Gold, the digital token division of Paxos Belief Firm, lend important institutional credibility to The Fee Token. As such, the Token has generated substantial curiosity from the cryptocurrency neighborhood in addition to conventional traders.

The paid partnership between The Fee and QReal requires the event of a number of 3D AR-based NFTs for The Fee Token. QReal will leverage their experience in AR growth and 3D modeling to design over two dozen gilded 3D fashions to be minted as NFTs.  

“By incorporating AR and NFTs applied sciences, The Fee achieves an necessary growth milestone towards elevating The Fee Token as a premier DeFi digital asset,” mentioned Seth Weiser, strategist at The Fee International LLC. “We imagine our partnership with QReal will finally function a major catalyst within the growth of Decentralized Finance.  Having not too long ago launched final month, The Fee has already achieved main targets in a brief period of time, and we count on this to propel us even additional. As we proceed to progress, we count on to require extra fashions and AR property and sit up for persevering with our partnership with QReal to create them.”

Lyron Bentovim, President and CEO of Glimpse commented: “We imagine that NFTs will play an instrumental position in facilitating commerce within the metaverse because it evolves. Glimpse continues to develop leading edge VR, AR, NFT and Blockchain associated options throughout our base of subsidiary corporations, as necessary constructing blocks in our cadre of enabling immersive applied sciences. This partnership is a wonderful illustration of our capabilities, and we sit up for helping The Fee in executing on their mission.”  

About The Fee 

The Fee is an ETH blockchain DeFi venture that has developed a brand new and modern advertising and marketing idea constructed across the direct participation of its neighborhood. The Fee will present two totally different alternatives for its holders to speculate and procure gold. One of many choices shall be to stake CMSN tokens, whereas the opposite will permit investing in The Fee PAXG Gold Treasury vault. Lastly, CMSN shall be investing in different tasks in return for gold as partial collateral. The contract of The Fee can’t be modified because it has been renounced, which gives higher safety to traders.

For extra data on The Fee, please go to https://thecommission.xyz/

About The Glimpse Group 

The Glimpse Group (Nasdaq: VRAR) is a diversified Digital and Augmented Actuality platform firm, comprised of a number of VR and AR software program & providers corporations, and designed with the precise goal of cultivating corporations within the rising VR/AR trade.

Glimpse’s distinctive enterprise mannequin simplifies challenges confronted by VR/AR corporations and creates a sturdy ecosystem, whereas concurrently offering traders a chance to speculate straight into the rising VR/AR trade by way of a diversified platform. For extra data on The Glimpse Group, please go to www.theglimpsegroup.com

Secure Harbor Assertion 

This press launch doesn’t represent a proposal to promote or a solicitation of gives to purchase any securities of any entity. This press launch comprises sure forward-looking statements based mostly on our present expectations, forecasts and assumptions that contain dangers and uncertainties. Ahead-looking statements on this launch are based mostly on data out there to us as of the date hereof. Our precise outcomes might differ materially from these said or implied in such forward-looking statements, resulting from dangers and uncertainties related to our enterprise.

Ahead-looking statements embody statements concerning our expectations, beliefs, intentions or methods concerning the longer term and will be recognized by forward-looking phrases equivalent to “anticipate,” “imagine,”, “view,” “might,” “estimate,” “count on,” “intend,” “might,” “ought to,” and “would” or related phrases. All forecasts are offered by administration on this launch are based mostly on data out there right now and administration expects that inner projections and expectations might change over time.

As well as, the forecasts are solely on administration’s finest estimate of our future monetary efficiency given our present contracts, present backlog of alternatives and conversations with new and current prospects about our services and products. We assume no obligation to replace the knowledge included on this press launch, whether or not on account of new data, future occasions or in any other case.

CoinMarketCap: https://coinmarketcap.com/currencies/the-commission/


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