Toronto, Canada — June 20, 2023 — P2Earn Inc (CSE:PXE) (FSE:WH4) is thrilled to announce a significant achievement in connection with its P2Earn Gaming Guild. Within just 8 weeks of launch, the company has surpassed the milestone of attracting over 20,000 members to its P2Earn Gaming Guild discord channel.
In the gaming industry, effective communication between gamers and companies is crucial, and P2Earn Inc has successfully established its Discord channel as the primary means of interaction. The company is delighted with the rapid formation of a robust community of gamers, exceeding even the most optimistic growth estimates.
The current pool of 20,000 dedicated gamers eagerly anticipates the forthcoming launch of the P2Earn Gaming Guild platform, powered by Polygon. This platform will enable the company to extend its reach beyond the successful beta launch, where gamers have already been earning tokens with real-world value. These earned tokens can be converted by gamers into various forms, including traditional fiat currencies like US Dollars or Canadian Dollars, as well as popular cryptocurrencies such as Bitcoin or Ethereum.
Furthermore, the Company has warrants expiring on July 1, 2023 – these warrants, an aggregate of 760,313 exercisable at $1.00 per share, have been extended to expire on July 1, 2024 with all other terms remaining the same.
About P2Earn Inc
P2Earn Inc is a publicly traded company that offers comprehensive solutions for the rapidly evolving blockchain gaming and cryptocurrency sectors. The company operates an efficient Bitcoin mining operation powered by sustainable energy sources. P2Earn’s cutting-edge blockchain gaming platform empowers players to derive tangible value from in-game achievements and activities through unique digital assets known as non-fungible tokens (NFTs). These NFTs can be bought, sold, and traded, mimicking the dynamics of physical assets. P2Earn remains dedicated to building a sustainable blockchain gaming ecosystem and making Play-to-Earn gaming more accessible to a wider audience.
For more information, please visit https://p2earncorporate.io.
Eugene Valaitis, Director
Phone: (214) 864-5958
First Canadian Place
100 King Street West,
Suite 5600 Toronto,
Certain statements contained in this press release constitute “forward-looking information” as such term is defined in applicable Canadian securities legislation. The words “may”, “would”, “could”, “should”, “potential”, “will”, “seek”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions as they relate to the Company are intended to identify forward-looking information. All statements other than statements of historical fact may be forward-looking information, including but not limited to completion of the Life Offering, if it is to complete at all; and intended use of proceeds of the Life Offering. Such statements reflect the Company’s current views and intentions with respect to future events, and current information available to the Company, and are subject to certain risks, uncertainties, and assumptions. Many factors could cause the actual results, performance, or achievements that may be expressed or implied by such forward-looking information to vary from those described herein should one or more of these risks or uncertainties materialize.
Examples of such risk factors include, without limitation, credit; market (including equity, commodity, foreign exchange and interest rate); liquidity; operational (including technology and infrastructure); reputational; insurance; strategic; regulatory; legal; environmental; capital adequacy; the general business and economic conditions in the regions in which the Company operates; the ability of the Company to execute on key priorities, including the successful completion of acquisitions, business retention, and strategic plans and to attract, develop and retain key executives; difficulty integrating newly acquired businesses; the ability to implement business strategies and pursue business opportunities; disruptions in or attacks (including cyberattacks) on the Company’s information technology, internet, network access or other voice or data communications systems or services; the evolution of various types of fraud or other criminal behavior to which the Company is exposed; the failure of third parties to comply with their obligations to the Company or its affiliates; the impact of new and changes to, or application of, current laws and regulations; decline of reimbursement rates; a novel business model; dependence on key suppliers; the overall difficult litigation environment; increased competition; increased funding costs and market volatility due to market illiquidity and competition for funding; the availability of funds and resources to pursue operations; critical accounting estimates and changes to accounting standards, policies, and methods used by the Company; the occurrence of natural and unnatural catastrophic events and claims resulting from such events; as well as those risk factors discussed or referred to in the Company’s disclosure documents filed with the securities regulatory authorities in certain provinces of Canada and available at www.sedar.com.
Should any factor affect the Company in an unexpected manner, or should assumptions underlying the forward-looking information prove incorrect, the actual results or events may differ materially from the results or events predicted. Any such forward-looking information is expressly qualified in its entirety by this cautionary statement. Moreover, the Company does not assume responsibility for the accuracy or completeness of such forward-looking information. The forward-looking information included in this press release is made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forward-looking information, other than as required by applicable law.
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