Monday, May 02, 2022
Tokens.com Corp. (SMURF)
Broadening the Scope
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.
A New Subsidiary. Tokens.com’s management announced that its subsidiary, Metaverse Group, launched a new advisory service practice called Metaverse Advisors. This practice will provide virtual land brokering and consulting services for clients looking to get into virtual worlds.
More into the Subsidiary. The Company expanded on the services offered with the subsidiary, including software analytics and reporting tools for clients in evaluating virtual land, appraisals, and visitor traffic information (includes time spent in a virtual store or on a property). As the Company has experience across a couple of different worlds, this can be leveraged towards these services….
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.
