Thursday, May 05, 2022
Tokens.com Corp. (SMURF)
Beefing Up the P2E Segment
Tokens.com Corp is a publicly traded company that invests in Web3 assets and businesses focused on the Metaverse, NFTs, DeFi, and gaming based digital assets. Tokens.com is the majority owner of Metaverse Group, one of the world’s first virtual real estate companies. Hulk Labs, a wholly-owned Tokens.com subsidiary, focuses on investing in play-to-earn revenue generating gaming tokens and NFTs. Additionally, Tokens.com owns and stakes crypto assets to earn additional tokens. Through its growing digital assets and NFTs, Tokens.com provides public market investors with a simple and secure way to gain exposure to Web3.
Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.
Joshua Zoepfel, Research Associate, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Adding More Assets. Tokens.com announced that the Company subsidiary, Hulk Labs, has acquired play-to-earn gaming assets in two platforms, Arcade Land and BitBrawl. Hulk Labs acquired land parcels in Arcade Land and avatar NFTs. The amounts invested in each platform were not disclosed.
Arcade Land Overview. Arcade Land is a Metaverse land-based world that focuses on gaming and play-to-earn. The world holds 10,000 unique plots where NFT holders can build out their parcel and allow other holders to visit, hangout, and play games. These holders can also build stores, place advertising, and sell items, in additional to the land holding yield earning potential, depending on the size, similar to Decentraland….
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.
