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Singapore Approaches Cryptos, NFTs and Metaverse With Caution

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“The Government will seek to balance between promoting economic vitality, preserving social stability and protecting public security in the digital domain.”

Minister Iswaran noted.

Though the interactive and decentralized elements of these technologies show potential growth, Singapore is approaching them with caution.

He continued that given the borderless nature of Metaverse, “international coordination of regulatory approaches” is important. Also, individuals should make sure to deal with technologies like NFTs with caution, even as they prove to open opportunities.

Another MP urged the public to deal with entities that are only regulated by the city-state’s central bank – the Monetary Authority of Singapore (MAS).

The Minister for Home Affairs K Shanmugam has warned the public to “ask, check and confirm” before making any crypto transactions or investments.

If the offer from an investment platform or online game appears too good to be true, it could be a scam,” he wrote. He responded to a question regarding a recent crypto gaming scam in Singapore, dubbed “Neko Inu.”

His warnings come at a time when many nations are vigilant over such scams and issuing cautionary notices to people. The US FTC, for instance, warned about a new scam involving crypto ATMs for transactions.

Crypto “Gaming Craze”

Last month, over 20 police reports were made against a Singaporean who was behind the “Neko Inu” play-to-earn crypto gaming craze. The game allegedly cost local players to lose more than $100,000 in cryptocurrency.

The game, which acts like a Ponzi scheme, allows players to earn Tether (USDT). It has cartoon pets as NFTs, which can be traded or sold to cash out the USDT.

According to a player, the game developer converted all player’s USDT earnings to a coin called Neko$, which is neither listed on any crypto exchanges, nor players can cash out their USDTs. The gaming platform, however, did not have support for other cryptos such as Bitcoin and Ethereum.

“We were shocked to find that our USDT was turned into Neko$. The conversion was one USDT to five Neko$,” the victim told to local news.

In order to address such scams, the government is stepping up “investigation efforts,” Minister Shanmugam added. Measures include educating the public on cryptocurrency-related scams and increasing public awareness, given the difficulties involved in investigating such anonymous and overseas crypto scams.



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Metaverse

Is the Metaverse Ready for a Metaphysical ART CLUB?

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Public Mint opens at the price of 0.333 Ethereum. The project has opened an Early Mint Allow List with Limited Spots available, which allows minting 1 day early on January 22, 2022.  Registration is Required for Early Mint. Registration can be found at: https://456collectorsclub.com/public-mint-early-access-registration

Zevi G is a prolific and steadfast artist who uses his studio to bring unanticipated creations to life. In a world where love, unity and kindness have become a scarce commodity, Zevi is determined to make a change using his art and many compelling characters to spread this powerful message.

The 456 Collector’s Club by Zevi G is a collection of 4,560 unique algorithmically created NFTs featuring characters from Zevi G’s signature series “456 Land”. Holders become members of an exclusive Art Club and continually unlock redeemable artwork in intervals as the community grows, get access to future community events, and digital experiences.

Zevi G was never intimidated by his underprivileged and very orthodox upbringing, on the contrary, that became the very essence of his strength and will, to turn his life around and reach others with positive and relevant messages. Each 456 Land sculpture comes with its own personality and features different traits such as the angel with its thin legs and wings, or the soldier with its buff chest. The childlike characters with eyes full of wonder appear as a musician, a roofer, a jeweler, a guitarist; a world of references and emotional memories that is personal and reflects on the artist’s past.

456 Club holders get Utility. After holding for 1-month owners can claim a 1×1 print of the exact NFT they own. After holding for 4-months holders will be able to redeem a 7 in. by 7 in. Namaste Sculpture in the corresponding color of their NFT. There are 10 different colors available with some colors more limited than others. Each sculpture will feature an NFC chip that provides the owner with continual digital experiences and helps pair the physical item with the NFT.

Anyone who mints 3 or more NFTs is entered into a raffle for a 5 ft. Diamond Hands Bronze Sculpture valued at $175,000.

Each NFT is a raffle ticket to win a 26-inch Diamond Hands Resin sculpture valued at $10,000 – 5 winners total (3 white, 2 Blue).

Join the conversation on Discord to learn more about additional giveaways!

Mint a 456 Collectors Club NFT to join the club and become a member is the first community to dedicate its purpose to spreading the message of love and unity through physical and digital art. Register for Early Access.

Related Links

Website: http://456collectorsclub.com
OpenSea: https://opensea.io/collection/456-collectors-club-v2
Twitter: http://twitter.com/456_club
Instagram: http://instagram.com/zevigart
456 Land: http://zevigart.com
Discord: https://discord.com/invite/456collectorsclub

SOURCE 456 Collector’s Club





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Epazz, Inc. (EPAZ) Presents Metaverse and Blockchain Business Solutions Products at the Emerging Growth Conference on January 19, 2022, Noon EST

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Chicago, Illinois–(Newsfile Corp. – January 18, 2022) – Epazz, Inc. (OTC Pink: EPAZ), “is a mission-critical provider of metaverse solutions, blockchain cryptocurrency mobile apps, and cloud-based business software solutions.” Epazz is invited to present at the upcoming Emerging Growth Conference on January 19, 2022, at 12:00 pm EST for 30 minutes. The Company’s Vice President of Communications, Michael Manahan, will discuss the company’s developing products in the Metaverse and blockchain.

Mr. Manahan appeared at the NASDAQ studio, on Fox Business News, Newsmax TV, Bloomberg TV, Epazz IR YouTube Channel, and will perform the presentation and entertain questions at the Emerging Growth Conference. Epazz, Inc. invites individual and institutional investors, as well as advisors and analysts, to attend its real-time, interactive presentation at the Emerging Growth Conference.

Please register here to ensure you can attend the conference and receive any released updates.

https://goto.webcasts.com/starthere.jsp?ei=1521939&tp_key=e0b57bd2dc&sti=epaz

If attendees cannot join the event live on the day of the conference, an archived webcast will also be made available on EmergingGrowth.com, and we will also release a link to that after the event.

About the Emerging Growth Conference

The Emerging Growth conference is an effective way for public companies to present and communicate their new products, services, and other major announcements to the investment community from the convenience of their office, in a time-efficient manner.

The Conference focus and coverage includes companies in a wide range of growth sectors, with solid management teams, innovative products & services, focused strategy, execution, and the overall potential for long-term growth. Its audience potentially includes tens of thousands of Individual and Institutional investors, investment advisors, and analysts.

All sessions will be conducted through video webcasts and will take place in the Eastern Time Zone.

About Epazz Inc. (https://www.epazz.com/)

Epazz, Inc. is a mission-critical provider of metaverse solutions, blockchain cryptocurrency mobile apps, and cloud business solutions. Epazz provides customized business solutions to businesses, governments, healthcare providers, and post-secondary institutions. Epazz is developing Metaverse business solutions that enable people to collaborate in real-time through virtual reality and augmented reality. Epazz is upgrading its business solutions to fully integrated into the Metaverse. Epazz will be manufacturing low-cost smart glasses for Metaverse design to be lightweight and comfortable to wear for hours a day called Epazz Slim.

SAFE HARBOR

The “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained in this press release are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the use of forward-looking languages, such as “may”; “expect”; “intend”; estimate”; “anticipate”; “believe”; “continue”; the negative thereof or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors that could cause the actual results to differ materially from future results or those implied by such forward-looking statements. Investors are cautioned that any forward-looking statements are not guarantees of future performance, and actual results may differ materially from those contemplated by such forward-looking statements. Epazz Inc. assumes no obligation and has no intention of updating forward-looking statements. It has no obligation to update or correct information prepared by third parties that are not paid for by Epazz Inc. Investors are encouraged to review Epazz Inc.’s public filings on SEC.gov and otcmarkets.com, including its unaudited and audited financial statements and its OTC Markets filings, which contain general business information about the company’s operations, results of its operations, and risks associated with the company and its operations.

Contact
For more information, please contact
Investor Relations
investors@epazz.net
312-955-8161
www.epazz.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/110607



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