Category Archives: Press Releases

Credit Counselling Canada releases Bill of Rights for Canadians in Debt National non-profit advocates for greater access to and transparency around debt relief

Credit Counselling Canada | reposted | March 10, 2021

Credit counsellingTORONTO, Nov. 09, 2020 (GLOBE NEWSWIRE) -- With the country teetering alarmingly on the edge of a financial crisis, Canada’s leading accrediting body for non-profit credit counsellors has released a Bill of Rights for Canadians in Debt.

Credit Counselling Canada has identified major structural gaps in the country’s consumer credit/debt infrastructure. With Canadians extremely vulnerable to economic shock due to the pandemic, the national association is urging a stark call to action for greater transparency and awareness around unbiased and affordable debt relief options – as well as a progressive framework for financial education.

“In these unprecedented times, the personal finances of over eight million Canadians have been impacted by the COVID-19 pandemic and many are coping with job losses, reduced incomes, and minimal access to key support services,” said Michelle Pommells, CEO of Credit Counselling Canada.

Coalition around debt support services addresses national priority
Credit Counselling Canada is working with Prosper Canada, a national charity dedicated to expanding economic opportunity for Canadians living in poverty through program and policy innovation. The two organizations believe building the financial stability and resilience of Canadians needs to be an “immediate national priority.”

“There is a critical and pervasive need to help Canadians navigate the current economic situation, and a ready network of non-profits is available to meet the need,” said Pommells. “Our government should adopt a collaborative investment approach similar to models in the UK, Australia and New Zealand. These three progressive peer nations have invested in financial help services to supplement their COVID-19 relief packages.”

See:  Renewing the National Strategy for Financial Literacy

“Prosper Canada’s aim is to ensure that all financially vulnerable Canadians have access to the financial policies, programs and advice they need to build their financial wellbeing,” said Elizabeth Mulholland, CEO of Prosper Canada. “Ensuring access to free and/or low-cost financial counselling and safe, unbiased information can help Canadians weather this crisis and withstand future emergencies. The time to invest in a strong recovery for everyone in Canada is now.”

Existing consumer sentiment is one of confusion
In a recent Credit Counselling Canada survey, Canadians revealed the issues they face when seeking debt assistance. The greatest challenge respondents cited was a lack of focus on financial wellness and education (72%), followed by a lack of transparency around fees (70%), conflict of interest and a lack of transparency around organization’s motives (69%).

Bill of Rights for Canadians in Debt
The Bill of Rights for Canadians in Debt outlines the freedoms and guarantees all Canadians should expect when seeking credit counselling. The seven rights are as followed:

  1. The right to non-profit credit counselling that safeguards my information
  2. The right to non-profit credit counselling that is judgement free
  3. The right to non-profit credit counselling that is based on experience
  4. The right to non-profit credit counselling that is based on standards
  5. The right to non-profit credit counselling that is affordable
  6. The right to non-profit credit counselling that is comprehensive and balanced
  7. The right to non-profit credit counselling that helps me achieve a better future

“A cross-sector, collaborative approach that includes the non-profit, credit counselling sector is essential to help those at risk,” said Pommells. “Greater financial education will build a solid foundation for all Canadians to get through the pandemic and beyond.”

See:  Financial Consumer Agency of Canada launches renewed Consumer Protection Advisory Committee

The Bill of Rights for Canadians in Debt can be found here. For an interview with Michelle Pommells, CEO of Credit Counselling Canada, please see the contacts below.

About Credit Counselling Canada
Credit Counselling Canada is the national association of non-profit credit counselling agencies that work provincially, regionally and locally throughout Canada. The association’s agencies exist to help individuals and families sort out their personal finances on a non-profit basis and have helped more than 12 million Canadians deal with debt in the past decade. As vocal advocates for consumer financial literacy, Credit Counselling Canada ensures clients receive highly qualified support at little or no cost. Visit www.creditcounsellingcanada.ca for more information and follow us on Twitter and Facebook.

 


The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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NCFA Fintech WhispererNCFA Fintech Fridays PodcastNCFA Weekly Newsletter

 

Liquid Avatar and ImagineAR Launch Oasis Digital Studios for AR Enhanced NFTs

Liquid Avatar Technologies | Cara Buckspan | March 10, 2021

Liquid Avatar and NFTs

Dapp Radar Reported trading volume across the top three NFT marketplaces exceeded $340 million USD last month alone.

TORONTO, ON / ACCESSWIRE / March 10, 2021 / Liquid Avatar Technologies Inc. (CSE:LQID)(OTC:TRWRF)(FRA:4T51) ("Liquid Avatar Technologies" or the "Company",), a global blockchain, digital identity and fintech solutions company together with ImagineAR Inc. (CSE:IP / OTCQB:IPNFF), an Augmented Reality platform company, are excited to announce that they are launching Oasis Digital Studios ("Oasis") (www.oasisdigitalstudios.com). Oasis is an agency supporting the development of AR Enhanced Non-Fungible Tokens (NFTs) together with listing, marketing, management, and other creative, avatar and digital icons, technology and blockchain services. The premier NFT artist and talent program offering is expected to launch in early April 2021.

See:  NBA Top Shot: What you should know about the new NBA craze in digital investing in collectibles

A Non-Fungible Token, or NFT is a digital asset that represents a wide range of tangible and intangible assets like digital and conventional artwork, collectibles, memorabilia, and other items. However, unlike typical NFTs which are generally digital video or images that represent "moments in time" like an NBA Top Shot or piece of artwork, Oasis will be creating and deploying embedded AR "triggers" in each Oasis supported NFT, and to support and introduce NFT programs, brands, and participants. This will allow users to engage in enabled immersive and "living" shareable experiences through the Liquid Avatar Mobile App and AR enabled websites.

"David Lucatch, CEO of Liquid Avatar, and myself have a long track record in the sports, entertainment, collectible and memorabilia industries. Oasis is the culmination of our decades of experience and professional relationships to deliver world class AR activated NFTs to be experienced in the Liquid Avatar Mobile App "stated Alen Paul Silverrstieen, CEO of ImagineAR.com.

Oasis has brought together leading individuals and organizations in blockchain technology, computer graphics, augmented reality, entertainment, art, sports, gaming, music, media, comic book, memorabilia, and pop culture arenas to support the fast-paced emergence of the NFT marketplace.

With opportunities already in process, the Oasis model is to create an ongoing partnership with artists, sports personalities, talent, brands, and organizations, and share in the ongoing revenue of the initial sale and any residual sales, creating potential royalty-type revenue relationships. The initial program offerings will consist of digital artwork, with the expected expansion to trading cards, limited editions, and series, and physical product programs.

See:  What Attracts Investors to Blockchain Gaming?

"Liquid Avatar icons have been developed with an eye towards blockchain verification and collectability. With the recent interest and consumer frenzy in NFTs, with an estimated $340 million in sales in the past month alone, ImagineAR and ourselves felt that it was appropriate to join forces with other industry leaders to provide our unique knowledge and expertise in digital identity, augmented reality, gaming, icon and media production, security and blockchain technologies," said David Lucatch, CEO. "Our goals are to support artists, entertainers, major league sports personalities, memorabilia and authenticated product producers, and others in this fast-paced emerging market with innovative solutions, like augmented reality, while staying true to our roots, creating value for both ours and ImagineAR's stakeholders."

The Liquid Avatar Mobile App, featuring user created digital icons that allow users to manage, control and create value from their biometrically verified digital identity, officially launched globally in the Google Play and Apple App Store on February 18, 2021. With the foundational 1st phase already available, the Liquid Avatar app will launch updates in phases, with new features expected monthly. The Company believes that as it plans to provide future features, regular releases will provide users with the opportunity to familiarize themselves with existing features before moving on to more comprehensive services and the opportunity to manage their digital identity and verifiable credentials.

View the original release --> here


The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

NCFA Financial Innovation MapNCFA Innovation Opportunity BriefsNCFA Fintech Insights
NCFA Fintech WhispererNCFA Fintech Fridays PodcastNCFA Weekly Newsletter

 

Wait and see approach for Fintechs as Payments Canada chooses Interac as Canada’s real-time payments provider

Betakit | | March 2, 2021

payments and transfers

Source: Pixabay

Payments Canada has selected its second solution provider for the country’s upcoming real-time payments system.   Interac Corp. has been selected as the exchange solution provider for the Real-Time Rail (RTR). Expected to launch in 2022, RTR consists of two components: a clearing and settlement component and an exchange component. Mastercard-owned Vocalink was selected last year to operate the settlement component.

A real-time payment system designed to modernize Canada’s core payments infrastructure, RTR will allow for payments to be sent and received within seconds. The system will be operated by Payments Canada and regulated by the Bank of Canada. The idea behind RTR is to create a payment system that is fast, secure, and flexible, to allow for innovation.

See:  Revolut to roll out QR code payments for business customers in 25 countries

Interac might be considered a natural choice for Payments Canada to work with when it comes to building the exchange. Interac is set to use the already-existing technology behind its Interac e-Transfer service to build the exchange component of Canada’s RTR. Interac e-Transfer is currently used by millions of Canadians daily and connects to almost 300 financial institutions in the country.

“The Real-Time Rail will be the foundation for faster, data-rich payments and act as a platform for innovation,” said Black. “Participants in the payment system will be able to connect and develop new and exciting ways for Canadians to pay for goods and services, transfer money and better compete nationally and internationally.”

While Canada has been working to modernize its payments infrastructure in recent years, the country has long lagged behind other similar markets when it comes to payments innovation; more than 54 other countries around the world already use a similar type of RTR system. The RTR project began in 2015 with consultations involving more than 100 organizations within the payments ecosystem.

See:

Among those organizations are Canadian FinTech startups, who have faced many barriers trying to bring competitive products to market, including receiving banking licenses and pulling customers away from the Big Banks.

How the choice to work with Interac will affect Canadian FinTechs is unclear. Currently, FinTech startups cannot directly access e-transfer rails, which is the peer-to-peer (P2P) method in Canada. Historically, Interac’s system has been more easily accessible for traditional incumbents like the Big Five banks.

A member of the Canadian FinTech community told BetaKit that

if Interac chooses to adopt a fair policy and payments framework that includes FinTechs instead of upholding the status quo, it could be a positive step for startups. “If Interac opens up, it could work, but their track record is not encouraging,” the source said.

Continue to the full article --> here


The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

NCFA Financial Innovation MapNCFA Innovation Opportunity BriefsNCFA Fintech Insights
NCFA Fintech WhispererNCFA Fintech Fridays PodcastNCFA Weekly Newsletter

 

KABN Systems NA Holdings Corp Changes Its Name to Liquid Avatar Technologies Inc. with New Symbol LQID

KABN (LQID)  | Cara Buckspan | March 1, 2021

KABN changes name to Liquid avatar

Liquid Avatar name and symbol change better reflects Company's corporate branding

TORONTO, ON / ACCESSWIRE / March 1, 2021 / KABN Systems NA Holdings Corp. (CSE:KABN)("KABN" or the "Company") is pleased to announce that it has changed its name from KABN Systems NA Holdings Corp. to Liquid Avatar Technologies Inc. (www.liquidavatartechnologies.com) and its ticker symbol from KABN to LQID. Subject to approval by the Canadian Securities Exchange (the "CSE"), the Company expects the name and symbol change to take effect for trading purposes on March 3, 2021 when its common shares will begin trading on the CSE under the new name, CUSIP number and new ticker symbol.

On February 18, 2021, the Company launched the first phase of its flagship product, the Liquid Avatar (www.liquidavatar.com) app in the Apple Store and Google Play.

Like search, online communications and browser usage, digital identity is addressable to up to 100% of the online market and is a very early-stage market opportunity, with the potential to reach up to 400 Million people in North America and over 5 Billion people online globally.

See:  KABN North America Launches Liquid Avatar App in the Apple Store and Google Play

According to Statista.com, over 79% of video game users in the US are over the age of 18 with a surprising 41% over the age of 34, showing that video gaming and character creation is widespread through all age categories. Using Liquid Avatar, users are able to select from 1000's of combinations of facial features to create their perfect digital, "cartoon-like" representations of themselves - all at no cost. Future releases of Liquid Avatar will allow users to upload their own digital icon images and create even more realistic versions of themselves as the Company explores new technologies that allow 3D animation and facial embedding on video characters.

"The Company is excited to have Liquid Avatar become the Company name as more people are associating the Company with our flagship product," said David Lucatch, CEO KABN North America. "With over 5 Billion people online and the global landscape evolving to put control of user information back in the hands of those that own it, coupled with the need for digital identity management growing daily, we believe that the Company and its products and programs can provide users, vendors, governments, eCommerce program and others with the ability to easily and efficiently interact while preserving safety, security and data integrity."

Liquid Avatar provides users with an easy and engaging way to share what they want, when they want, and with whom they want, through a biometrically verified access and verifiable identity credentials, based on the Trust over IP Foundation's framework (www.trustoverip.com) giving users the control they need and deserve and the opportunity to benefit, economically, from the personal data they wish to share.

With more websites, services and platforms requiring users to provide personal details and identification to gain access, together with the changing regulatory landscape in California, Canada, Europe, Australia, and other countries, more reliance is being placed on the consumer to manage their online information, identity, and personal data.

See:  KABN North America and Imagine AR Bring Augmented Reality to Liquid Avatar’s Verified Self Sovereign Identity Users

Without the right tools, platforms, security and safety, the potential for increased identity fraud and other nefarious activities may continue to accelerate in the online marketplace. Liquid Avatar provides solutions for individuals to manage, control and create value from their digital identity and personal data allowing them to share what they want, when they want and with whom they want through cloud-based, biometrically enabled verifiable credentials, digital wallets, and other cryptographic services.

Liquid Avatar users will also be able to create digital wallets to manage and store a wide range of verifiable identity and access credentials, and to take their conventional identity online, allowing users to prove themselves as easily and effectively as they do in the "physical world".

As the opportunity to manage digital identity is new to most people and to some, the process can be daunting, Liquid Avatar has taken a phased approach to its engagement program. Initially users can sign up for Liquid Avatar using a traditional email and password, but at the point of sign up, they also engage in a "liveness" test, which allows Liquid Avatar to associate the account with a biometric signature. This process, while not invasive and not requiring the user to store any sensitive data on their devices, as Liquid Avatar is primarily a cloud-based platform, does subscribe to a "one user / "one account" philosophy, where every user is known and verified, reducing, if not potentially eliminating fake and / or fraudulent users.

In the future, with Liquid Avatar Marketplace (www.liquidavatarmarketplace.com), users with have the opportunity to trade and sell collectible Liquid Avatars from iconic and up and coming pop culture, anime, and comic book creators. The Company is also investigating other commercial applications that will potentially integrate Liquid Avatar with information, financial, hospitality, eCommerce, and government services.

Continue to view the original release --> here

 


The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

NCFA Financial Innovation MapNCFA Innovation Opportunity BriefsNCFA Fintech Insights
NCFA Fintech WhispererNCFA Fintech Fridays PodcastNCFA Weekly Newsletter

 

Former Governor of the BOE, Mark Carney, joins Stripe board

Finextra | Feb 22, 2021

Mark CarneyFormer governor of the bank of England Mark Carney has joined the Board of directors of hot Web payments firm Stripe.

Ten years since launching, Stripe’s infrastructure powers hundreds of billions of euros of payments for businesses in over 140 countries and territories around the world.

The company, which last raised a $600 million series G in mid-2020, is currently contemplating an IPO that would give it a valuation of $105 billion.

Says Carney: “The very nature of commerce has changed over the past decade. Stripe has been at the forefront of enabling this new digital economy, providing innovative and resilient global payment solutions to businesses large and small. In the process, Stripe has been breaking down barriers to global trade and accelerating economic output.”

The former governor of the Bank of England is currently playing a key role in the battle against global warming as the UN Special Envoy for Climate Action.

See:

Stripe says it expects to benefit from Carney’s leardship role in sustainable finance as it rolls out a global climate effort, enabling millions of businesses to bring more funding to emerging carbon removal technologies.

Continue to the full article --> here


The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

NCFA Financial Innovation MapNCFA Innovation Opportunity BriefsNCFA Fintech Insights
NCFA Fintech WhispererNCFA Fintech Fridays PodcastNCFA Weekly Newsletter

 

Versabank to Launch VCAD, World’s First Bank-issued, Deposit-based Digital Currency

Versabank  Release | Feb 24, 2021

Versbank launches stablecoin

VersaBank Partners with Stablecorp to Complete Development of Digital Currency Offering – Will Create Significant New Low Cost Deposit Source for VersaBank as it Experiences Record Loan Growth

LONDON, ON, Feb. 24, 2021 /PRNewswire/ - VersaBank (TSX: VB) ("VersaBank" or the "Bank"), a North American leader in business-to-business digital banking and technology solutions for cybersecurity, today announced it plans to launch a strong encryption based digital currency (cryptocurrency) represented one-to-one by a Canadian dollar bank deposit with the Bank, to be known as VCAD.  VCAD is expected to be the first digital currency to represent a fiat currency, as well as the first in the world digital currency issued by and backed by deposits with a North American bank.  As such, VCAD will offer the highest level of stability and security amongst all digital currencies in the market today.

See:  A Brilliant Fintech Future – Banking on Stablecoins

VersaBank has entered into a strategic partnership with Stablecorp, a joint venture between Canada's leading crypto asset manager, 3iQ, and Mavennet, a Canadian leader in blockchain development, to commercially launch VCAD. VCAD is based on VersaBank's proprietary banking software and the digital currency issuance processes for VCAD will be securely managed via VersaVault®, VersaBank subsidiary, DRT Cyber Inc.'s ("DRT Cyber"), world leading digital bank vault designed to secure digital assets.  The Bank is targeting public availability of VCAD in the coming months.

Consistent with VersaBank's highly efficient, business-to-business model, VCAD will be issued by VersaBank to financial intermediary partners in exchange for Canadian dollar deposits with the Bank utilizing "smart contracts", a more highly encrypted iteration of the Bank's existing digital deposit contracts.  VersaBank's partners will then offer VCAD directly to individuals and businesses, who can use them for commerce and redeem them for Canadian dollars at any time.  VCAD creates a significant new low-cost deposit source for VersaBank as it experiences record loan growth.

"As North America's first bank-issued "stablecoin", VCAD offers consumers and businesses the ability to adopt and leverage the benefits of digital currency and blockchain-based assets without the volatility of traditional currencies, alongside the security of a value-backed asset that the cryptocurrency world has long demanded," said David Taylor, President of both VersaBank.

Its cyber security subsidiary, DRT Cyber. "Consumers and businesses purchasing products and services with VCAD will finally know the precise value of their digital currency when executing these transactions."

See:  UK Consultation (Mar 21, 2021): Regulatory Approach to Cryptoassets and Stablecoins

Mr. Taylor added, "VersaBank was the very first digital bank nearly 30 years ago and has continuously been a pioneer in digital banking in the decades since.  Digital currencies are the natural evolution of the world's payment systems, and the launch of VCAD is a natural extension of our digital banking operations as we once again leverage our in-house technology to lead the banking industry.  We are proud to work with our partner, Stablecorp, on this industry first."

"We are thrilled to partner with VersaBank, a Schedule I Canadian bank, to offer a digital currency that addresses the two major shortcomings of the traditional cryptocurrency market – volatility and security," said Jean Desgagne, CEO, Stablecorp. "VCAD provides consumers with not only the security afforded by an underlying deposit with a Canadian chartered bank but also the comfort of knowing that each VCAD issued or redeemed will always have one-to-one value with the Canadian dollar.  With such clear benefits, we are highly confident in the demand for VCAD as digital currencies increasingly become part of mainstream financial transactions."

In addition to VCAD, under their partnership, VersaBank and Stablecorp plan to work together towards the development and launch of "VUS" and "VEuro", deposit-based, US dollar and Euro versions of the VersaBank digital currency.

View the original release --> here

 


The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

NCFA Financial Innovation MapNCFA Innovation Opportunity BriefsNCFA Fintech Insights
NCFA Fintech WhispererNCFA Fintech Fridays PodcastNCFA Weekly Newsletter

 

The Outer Space Men are Landing at Liquid Avatar

KABN | Cara Buckspan | Feb 24, 2021

liquid avatar outerspace men

Company launches integrated Liquid Avatar, Augmented Reality and NFT media program of iconic 1960's toy and collector brand.

TORONTO, ON and  NEW YORK, NY / ACCESSWIRE / February 24, 2021 / KABN Systems NA Holdings Corp. / Liquid Avatar Technologies Inc. (CSE:KABN)(OTC Pink:TRWRF)(FRA:4T51) (the "Company") (www.kabnsystemsna.com), a North American fintech solutions company specializing in empowering individuals to manage, control and generate value from their biometrically-verified Self Sovereign Identity ("SSI") through its Liquid Avatar (www.liquidavatar.com) platform, is pleased to announce that the Company has partnered with the iconic toy brand, The Outer Space Men (www.theouterspacemen.com). The Outer Space Men is a toy and collector brand that spans over half a century of celebration as both a vintage and modern collectible assembly of action figures. The OSM were first created when man's greatest achievement was to land on the moon during the infamous Space Race of the 1960's. The Outer Space Men characters will be used for a series of integrated media programs for Liquid Avatar.

The integrated campaign, expected to launch in early spring 2021 will feature a series of limited edition 2D and 3D Liquid Avatar digital icons available in the Liquid Avatar Marketplace (www.liquidavatarmarketplace.com), a full immersive 3D global Augmented Reality scavenger hunt, powered by the Company's partnership with Imagine AR (CSE:IP) and based on approvals, a 3D animated and AR powered, exclusive Non-Fungible ("NFT") Token program for collectors.

See:  KABN North America Launches Liquid Avatar App in the Apple Store and Google Play

The Outer Space Men features beloved and infamous, vintage bendable toy action figure characters that were first created by the world renown toy inventor Mel Birnkrant. With tens of thousands of clamoring fans demanding the return of these archetypal heroic icons, the wildly successful line of toys was brought back to the market in 2008 with the support of childhood fan and Wall Street executive Gary Schaeffer who reintroduced the line of toys in a new affordable format. Since 2010 these new action figures have been played with by millions of children globally. The 21 OSM characters span our solar system, The Milky Way Galaxy and beyond and delight both collectors and children with their incredible back stories and legendary beginnings as extoled by their creator Mr. Birnkrant. These action figures and the rest of the collection of up to 21 different bendable toys, will be transformed into computer graphic (CG) 2D and 3D models ready for a host of digital production programs.

To power these new experiences, the Company has engaged Los Angeles based DreamView, Inc. (www.dreamview.com). DreamView's founders and staff have worked with major brands, studios, and ad agencies around the globe on some of the world's most successful and beloved products, films, and television series, including Apple, Disney, Bleacher Report, Harry Potter, Terminator, Star Wars, Jurassic Park, Transformers and Hot Wheels, as well as commercials and other industrial CG, AR, VR and animation projects.

See:  KABN North America and Liquid Avatar Unveils New Challenger Banking Program for Verified Self Sovereign Identity Users

At the direction of Liquid Avatar's Creative Director, Mariano Nicieza and the team, DreamView will be taking The Outer Space Men's 21 core roster and converting them to CG designs ready and compatible for Augmented Reality, Rigging and Animation.

The Company is also working with Apex Comics Group (www.apexcomicsgroup.com) to bring world leading comic book writers, editors and artists together to create multi-media and Augmented Reality Comics powered by a user's Liquid Avatar. A sneak preview will be made virtually on March 26th and 27th at Comic Con International's WonderCon (www.comic-con.org/wca).

"Liquid Avatar is working to make the process of creating, sharing and powering digital identity fun and engaging and the Outer Space Men are a perfect partner for our future-proofing solutions," said David Lucatch, CEO. "With Augmented Reality, CG and 3D Avatars on the roadmap for Liquid Avatar, it makes great sense to start with this iconic brand and adding NFT's which are raging digital collectibles with over $100 Million in sales in the past month, makes starting now even more important to the growth of the Company."

The Liquid Avatar beta app officially launched globally in the Google Play and Apple App Store on February 18, 2021. With the foundation 1st phase already available, the Liquid Avatar app will launch updates in phases, with new features expected monthly. The Company believes that as it plans to provide future features, regular releases will provide users with the opportunity to familiarize themselves with existing features before moving on to more comprehensive services and the opportunity to manage their digital identity and verifiable credentials.

Continue to read the full release --> here

 


The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

NCFA Financial Innovation MapNCFA Innovation Opportunity BriefsNCFA Fintech Insights
NCFA Fintech WhispererNCFA Fintech Fridays PodcastNCFA Weekly Newsletter