Proactive Investors - Run By Investors For Investors

Metaverse-developed NUVO tokens to list on South Korean cryptocurrency exchange

NUVO tokens, the digital asset of the Nuvo blockchain network, will be available on the South Korean crypto exchange Probit
Cryptocurrency coins
The purpose of the coin is to determine users’ commitment to the Nuvo blockchain network

Metaverse Capital Corp (CSE:FORK) (OTCMKTS:GBCHF) announced Friday that its cryptocurrency NUVO token will be listed to the public starting on June 24.

NUVO tokens, the digital asset of the Nuvo blockchain network, will be available on the South Korean crypto exchange Probit. The listing follows a two-stage Initial Exchange Offering in April and May.

In December, the Vancouver-based company was commissioned to help develop the blockchain network and oversee sales of the token by UK-based Nuvo Cash Ltd.

The purpose of the coin is to determine users’ commitment to the Nuvo blockchain network. Members can earn tokens by posting, sharing and commenting on content. Deposits for the token are being accepted as of today.

READ: New cannabis-focused social network launches on Metaverse's Nuvo blockchain platform

"Ever since we partnered with Nuvo Cash, we have always known that blockchain and crypto can do great things for social media networks,” CEO Shidan Gouran said. “Now that Facebook has officially announced its Libra cryptocurrency, this validates that notion in a very significant way; though social communities on the Nuvo blockchain will deliver much greater value to users.”

Separately, the company reached an agreement to send all its NUVO tokens to Cannadex Labs Inc in exchange for a 25% stake in its equity. Cannadex played a role in creating the Nuvo network and is developing a version 2.0.

On May 6, Cannadex and Metaverse announced plans to develop the Cannadex Exchange, a commodities exchange expected to launch in the fourth quarter of 2019.

Contact Andrew Kessel at [email protected]

Follow him on Twitter @andrew_kessel

View full FORK profile View Profile

Metaverse Capital Corp Timeline

Related Articles

ROBO Global US CEO Travis Briggs
August 14 2018
Investors can buy directly into the popular ROBO ETF based on the benchmark index comprised of 87 top robotics, automation and AI companies.
plasma torch
May 03 2019
PyroGenesis harnesses the unique properties of thermal plasma to melt and transform metal, carry out high temperature chemical reactions and convert waste into energy
Australian dollars
February 04 2019
The recruitment, building and training services provider is working to a target to triple its business operations.

© Proactive Investors 2019

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use