£500k London NFT gaming studio acquired by international media company

The London NFT gaming studio was acquired by the international media company Pioneer Media Holdings Inc. The company has headquarters in Canada. It announced that its acquisition of London based NFT Gaming Developer and Publisher Kodoku Studios Limited was completed.

A game called ‘The Pit’ allows gamers to stake their NFTs. It also allows gamers to attempt to increase the inherent value of their NIt is anticipated to launch on December 3, 2021. The acquisition of Kodoku by Pioneer has me absolutely thrilled. The guidance of such an innovative company makes our vision a success in the NFT gaming market.

Unifying with the Pioneer trajectory is eagerly anticipated by us as we push the frontiers of the metaverse to new limits. The consideration of the securities of Kodoku was $850k, which equates to approximately £500k cash value. There will be a 24 month escrow period affected by the company and any other resale restrictions or escrow requirements.

An application for eight million common shares to be admitted to trading on the Aquis Stock Exchange will be submitted. Admission will occur at 8:00 am.64,640,365 common shares with no par value will be comprised by the company’s issued share capital. Your product is promoted by looking to promote your product to small and medium sized businesses in your region. You can find out how Bdaily can help you.

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