NEW YORK, Sep 29, 2021 (GLOBE NEWSWIRE) – AB International Group Corp. (OTCQB: ABQQ), an intellectual property (IP) and film investment and licensing company, announces the acquisition of 100% of STAREASTnet NFT Movies and Music Marketplace (NFT MMM).
STAREASTnet NFT Movie Marketplace has completed development, BETA version will launch mid-October 2021. STAREASTnet NFT MMM with the ability to purchase physical, digital or both download all in one place with NFT, this is of a unique and creative solution providing its community, which sees great benefit for artists, fans and businesses.
ABQQ now owns STAREASTnet NFT MMM, which will be the decentralized multi-channel NFT marketplace for single physical and digital download with the aim of bringing NFTs to mainstream movie and music lovers.
STAREASTnet NFT MMM has the powerful ability to establish a direct connection between artists and fans. While producers and other middlemen would still have their role, the overall monetization process could become much more fair and transparent. Enabling filmmakers, musicians to directly monetize their film and music through yield-producing NFTs, which generate a return through royalties – actual cash flows generated from the licensed use of the music and / or from an artist’s film. Generate instant income by selling masters or publishing the copyright of their music or movie as NFT.
The STAREASTNET portal, a leading entertainment group, will provide consulting services to ABQQ.
About AB International Group Corp. AB International Group Corp. is an intellectual property (IP) and film investment and licensing company focused on the acquisitions and development of various intellectual properties. We are engaged in the acquisition and distribution of films. The Company is hiring a highly anticipated video streaming service targeting the growing global multi-billion dollar video streaming industry. The online service will be marketed and distributed worldwide under the brand ABQQ.tv. ABQQ.tv is expected to generate a new profitable revenue stream immediately after launch, derived from its hybrid subscription and advertising business model. The company invests in the NFT film and music market as a unique non-fungible token in the entertainment industry. For more information visit www.abqqs.com and www.ABQQ.tv Forward-looking statements This press release contains “forward-looking statements” which are made in accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements relating to changes in the management team of the Company and statements relating to the transformation of the Company. , financial and operational performance, including the acceleration of sales and margins, and the overall strategy of the Company. Because forward-looking statements inherently involve risks and uncertainties, actual future results may differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, the possibility of business disruption, competitive uncertainties and general economic and business conditions in AB International Groups markets as well as other risks detailed in documents filed by the company with the Securities and Exchange Commission. AB International Group does not undertake to update the statements contained in this press release for changes occurring after the date of this press release. Investor Relations Contact: Jeff Deng (212) 918-4519 [email protected]
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