Versus Systems announces strategic investment from global digital entertainment leader Animoca Brands in its most recent public offering


Versus Systems Inc.

LOS ANGELES, March 10, 2022 (GLOBE NEWSWIRE) — Versus Systems Inc. (“Versus” or the “Company”) (Nasdaq: VS) today announced that Animoca brandsone of the largest and most visible blockchain gaming companies in the world, recently participated in the public offer which closed on February 28, 2022.

Animoca Brands is a global digital entertainment, blockchain and gamification leader managing digital property rights through NFTs and games to help build the open metaverse. His strategic investment demonstrates his support for Versus’ vision for the future of rewards in entertainment and reflects his confidence in Versus’ proprietary technology and growth roadmap.

“Animoca Brands is hugely influential in blockchain, gaming, rewards, and Web 3.0 products and investments. As demonstrated by its partnerships and investments in Axie Infinity, Dapper Labs, OpenSea, Thetan Arena, Polygon, and others , Animoca has a deep understanding of Web3, gamification and the potential for rewards-based audience engagement,” said Matthew Pierce, Founder and CEO of Versus Systems. “Having worked with Animoca Brands for many years, “its investment in Versus is a significant reflection of its confidence in our technology, business model and growth strategy. Both companies are strongly aligned with their vision of interactivity and audience rewards in the future of digital entertainment.”

Yat Siu, Executive Chairman and Co-Founder of Animoca Brands, said, “We believe Versus Systems is well positioned to bring its engagement and rewards expertise to Web3 and blockchain to leverage play to win. and watch to win. platforms. We look forward to exciting new developments from Versus as it brings its audience engagement expertise to the open metaverse.

About Versus Systems

Versus Systems Inc. is an engagement and rewards company that makes live events, games, shows, and apps more fun to watch and play. Versus adds interactive games, polls, trivia, predictors and other earning conditions to existing entertainment – ​​whether onsite or online – making content more contextual, personal and rewarding. Versus works with world-class sports teams, leagues, venues, entertainment companies and other content creators to create engaging and rewarding experiences for fans around the world. For more information, please visit www.versussystems.com or visit the official website of Versus Systems Youtube channel.

About Animoca brands

Animoca brands, a Deloitte Tech Fast winner and ranked in the Financial Times list of Asia Pacific High Growth Companies 2021, is a leader in digital entertainment, blockchain and gamification. It develops and publishes a wide portfolio of products, including the REVV Token and SAND token; original games including The sandbox, mad kingsand crazy defense heroes; and products using popular intellectual properties, including Disney, WWE, Snoop Dogg, The Walking Dead, Power Rangers, MotoGP™ and Formula E. The company has several subsidiaries, including The sandbox, Puffer Fish Studios, Quidd, GAME, nWay, Pixowl, Related, Lympoand Greasy Monkey Games. Animoca Brands has a growing portfolio of over 170 investments in NFT-related companies and decentralized projects that help build the open metaverse, including Axie Infinity, OpenSea, Dapper Labs (NBA Top Shot), Yield Guild Games, Harmony , Alien Worlds , Star Atlas and others. For more information, visit www.animocabrands.com or follow Twitter or Facebook.

Investor contacts:
Cody Slach and Sophie Pearson
Investor Relations Gateway
949-574-3860
[email protected]
or
[email protected]

Disclaimer for forward-looking information
This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, are forward-looking statements and are based on current expectations, estimates and projections. date of this press release. Any statement involving discussion of predictions, expectations, beliefs, plans, projections, goals, assumptions, future events or performance (often, but not always, using phrases such as “expects “, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budgets”, “expects”, “expects”, “estimates”, “believes ” or “intends” or variations of these words and expressions or indicating that certain actions, events or results “might” or “could”, “will”, “could” or “will” be expected to occur or be achieved ) are not statements of historical fact and may be forward-looking statements. These forward-looking statements are based on reasonable assumptions and estimates made by the management of the Company at the time such statements were made. Actual future results may differ materially, as forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from the results, performance or achievements future expressed or implied by these forward-looking statements. Although the forward-looking statements contained in this press release are based on what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such statements. forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements and information. There can be no assurance that any forward-looking information or the material factors or assumptions used in making such forward-looking information will prove to be accurate. The Company undertakes no obligation to publicly disclose any revisions to update any voluntary forward-looking statement, except as required by applicable law.

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