NEW YORK, Sept. 19, 2022 (GLOBE NEWSWIRE) — AB International Group Corp . (OTC: ABQQ), an intellectual property (IP) and motion picture investment and licensing firm, announced today that it entered into an NFT MMM license agreement with Me Metaverse, Inc. (“Metaverse”), a Delaware corporation that operates metaverse -projects in NYC. ABQQ granted Me Metaverse a worldwide license to an NFT film music marketplace (the “Platform”) for an initial term of one year from August 20, 2022 to August 19, 2023, subject to a right to renew. The IP address of the platform is owned by ABQQ. According to the agreement, Metaverse is obliged to pay ABQQ $100,000 as setup fee within 3 days after the date of the agreement and monthly license fee.
About AB International Group Corp.
AB International Group Corp. is an intellectual property (IP) and film investment and licensing firm, focused on the acquisition and development of various intellectual properties. We are engaged in the acquisition and distribution of films. The company engages highly anticipated video streaming services targeting the global multi-billion dollar and growing video streaming industry. The online service will be marketed and distributed worldwide under the brand name ABQQ.tv. ABQQ.tv is expected to generate a new and profitable revenue stream immediately after launch derived from the hybrid subscription and advertising business model.
For more information visit www.abqqs.com and www.ABQQ.tv
Forward-looking statements
This press release contains “forward-looking statements” made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements relating to changes in the Company’s management team and statements relating to the Company’s transformation, financial and operational performance including the acceleration of revenues and margins, and the company’s overall strategy. 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 interruption, competitive uncertainty and general economic and business conditions in AB International Group’s markets, as well as the other risks described in the company’s filings with the Securities and Exchange Commission. AB International Group undertakes no obligation to update any statements in this press release for changes occurring after the date of this release.
Investor Relations Contact:
Jeff Deng
(212) 918-4519
[email protected]
