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    Tokens.com Announces Up To $10 Million Marketed Private Placement of Units

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    /Not intended for distribution to the U.S. Newswire Service or for release, publication, distribution, or dissemination, in whole or in part, directly or indirectly, internally or internally. US ./

    Toronto , October 25, 2021 /CNW/ – Tokens.com Corp. (NEO: COIN) (Frankfurt Stock Exchange: 76M ) (OTCQB: SMURF) (“Tokens.com” or the “Company”), a decentralized finance (“DeFi”), non-fungible token (a publicly traded company that invests in income-producing crypto and blockchain assets linked to Company) NFT”) and Metaverse Real Estate, as Lead Agents and Syndicate of Agents (“ Agent “), in connection with the proposed market sale of our units (“) unit “) Total revenue to us is up to 10 million Canadian dollars at the price CAD 0.90 per unit (“ Recruitment “).

    Each unit consists of one share of the Company's common stock (each, a “Common Share”) and one-half of the Company's common share warrants (each full number of common stock warrants, a “warrant”). Masu. Each Whole Warrant entitles its holder to acquire one common share in the capital of the Company (each a “Warrant”) at the price of his one Share. 1.15 Canadian dollars Stock acquisition rights per share until 36 months after the closing date. However, it may be adjusted in certain events.

    The Company has granted the Agent the option to increase the size of the Offering by up to 15% of the Units sold under the Offering (the “Agent Option”), to be exercised in whole or in part at any time. I can. Until 48 hours before the deadline.

    “This funding will enable Tokens.com to advance its strategy of purchasing DeFi and NFT-linked tokens. Additionally, the proceeds will expand Metaverse Group’s ownership and ensure that its operations continue to be NFT-based. “Metaverse at the top. The Metaverse is an exciting growth area and Tokens.com provides investors with exposure to this sector,” said the CEO. I commented. Andrew Kigel .

    The net proceeds from the offering will be used to invest in cryptocurrencies used for staking, invest in our 50% subsidiary, Metaverse Group, and for working capital and general corporate purposes.

    Metaverse is a 3D online city where people can work, play games, and communicate in a virtual environment. Tech companies are implementing metaverse elements into popular games like Animal Crossing, Fortnite, and Roblox. Other technology companies, such as Microsoft, are also embracing the metaverse as a fusion of the virtual and physical worlds, a trend that has been accelerated by the pandemic. CEO of Facebook, mark zuckerberg He recently made headlines when he said the world's most popular social network would become a Metaverse company. (1) . These elements include planning live events, such as concerts, conferences, pitch competitions, and tournaments, where millions of players from around the world can interact.

    “The Metaverse is having a profound impact on how consumers interact, socialize, and shop globally. I believe it will be a revolution,” said the CEO. Andrew Kigel . “We anticipate that all companies will be forced to adopt Metaverse strategies in the coming years. At Tokens.com, we are seizing this opportunity and are well-positioned with leading Metaverse NFT assets through Metaverse Group.”

    This offering is scheduled to end November 2021 In addition, certain conditions apply, including, without limitation, receipt of all necessary regulatory and other approvals, including NEO Exchange's approval.

    This press release is make an offer to sell or solicit an offer to buy any securities; US . The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any other state securities laws, and may not be offered or sold under the United States Securities Act of 1933 (the “U.S. Securities Act”) or any other state securities laws. you can't. US Unless registered under the U.S. Securities Act and applicable state securities laws, or for the account or benefit of a U.S. person (as defined in Regulation S under the U.S. Securities Act), or except in cases where an exemption from registration is available.

    About Tokens.com
    Tokens.com Corp is a publicly traded company that owns an inventory of DeFi and NFT-based cryptocurrencies. Through a process called staking, Tokens.com's cryptocurrency inventory is used to earn additional tokens.

    Additionally, Tokens.com co-owns Metaverse Group, one of the world's first NFT-based virtual real estate blockchain companies.

    Tokens.com offers public market investors an easy and secure way to gain exposure to cryptocurrencies associated with DeFi and NFTs through a growing inventory of digital assets.

    For more information, please visit our website Tokens.com.

    Stay up to date on Tokens.com developments and join our online community on Twitter, LinkedIn, and YouTube.

    This news release contains certain statements that constitute forward-looking statements or information under applicable Canadian securities laws. This includes statements regarding the anticipated size of the offering, the anticipated timing of closing of the offering and our ability to satisfy all conditions pending closing. the Offering, the anticipated use of proceeds from the Offering, and the anticipated growth and impact of the Metaverse; Such forward-looking statements are subject to numerous known and unknown risks, uncertainties and other factors, some of which are beyond our control and may cause actual results or events to differ. , and may differ materially from those expressed in, forward-looking statements, expectations or implied. comment. These risks and uncertainties include changes in applicable laws or the regulatory areas in which we operate, general economic and capital market conditions, stock market volatility, and the approval of NEO exchanges. including our ability to obtain the necessary consents. , and our ability to complete the offering on anticipated terms or at all. Although the Company believes that the forward-looking statements in this news release are reasonable, they are based on factors and assumptions that are based on currently available information regarding future events and may prove inaccurate. It may turn out. Accordingly, readers are cautioned not to place undue reliance on forward-looking statements as they cannot provide any assurance as to future plans, operations, results, levels of activity or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, the Company does not make forward-looking statements publicly. We have no obligation to update or revise it. AS A RESULT OF NEW INFORMATION, FUTURE EVENTS OR OTHERWISE.

    Source Tokens.com

    View original content: http://www.newswire.ca/en/releases/archive/ October2021/25/c2093.html

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