Tokentus investment AG invests in community enablement platform Web3 Playground

EQS-News: tokentus investment AG / Keyword(s): Investment

tokentus investment AG invests in community enablement platform Web3 Playground

25/01/2023 / 07:30 CET/CEST
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tokentus investment AG invests in community enablement platform Web3 Playground

  • Playground is the community enablement platform for Web3
  • tokentus invests USD 200,000 through a SAFE (Simple Equity Futures Agreement) with an option to convert into equity in Playground NY Inc. (“Playground”)
  • The investment further entitles tokentus to acquire a limited amount of Ground tokens at a discount from Playground
  • A strong investor base to support Playground’s global growth
  • Synergies in tokentus portfolio companies to be leveraged by Playground’s investment

Frankfurt am Main, January 25, 2023 – tokentus investment AG (“tokentus”, ISIN: DE000A3CN9R8; WKN: A3CN9R; code: 14D), headquartered in Frankfurt am Main, Germany, acquires Playground’s equity convertible NY Inc. (“Playground”), the New York State (USA)-based developer of Playground for USD 200,000.

Playground is the community enablement platform for Web3. Through its community management tools, Playground enables creators to connect, co-create and own, ultimately empowering communities to build their own tokenized world and movements, according to the company.

Playground provides a critical component for any blockchain project, especially in the B2C space. Specifically, Playground serves creators, artists and brands, bringing their fans and members together to participate and play through physical and digital activations.

Playground’s partner ecosystem spans global media agencies and leading blockchain funds, including (a) Anomaly, a leading global marketing company that works with great brands and major S&P 500 companies worldwide, (b) Animoca Brands, invested in over 300 blockchains companies in digital property for gaming rights for the gamers and Internet users of the world, thereby creating a fairer digital framework contributing to the building of the open metauniverse (c) Republic Crypto, which strategically advises crypto projects, and (d) Polygon Ventures , whose blockchain supports some of the biggest players on the Web3. Access and distribution through these ecosystems will help communities worldwide, according to Playground.

“Communities are essential to the success of Web3. Building a community is one thing. But managing them successfully in business is another. In creating and managing such communities, specifically in the blockchain space, we believe Playground is very well positioned technically and from an investor perspective,” said Oliver Michel, CEO of tokentus investment AG. “We see great growth potential for Playground, not least because of what we see as its experienced team and strong investor base. In our assessment, there is already a high demand for such solutions from the entire crypto market, but also from the existing Web2 platform operators,” adds Benedict Schulz, investment manager at tokentus. “Playground’s community management tool can also lead to great network effects and thus further growth for some of our portfolio companies,” adds Mona Teisler, investment manager at tokentus.

About tokentus investment AG
tokentus investment AG (ISIN: DE000A3CN9R8, WKN: A3CN9R; Ticker: 14D) is an investment company focused on the blockchain market. The shares of tokentus investment AG are listed on the m:access trading segment (informal market) of the Munich Stock Exchange and are traded on XETRA and other German stock exchanges.

With the help of an ever-growing network of co-investors, tokentus acquires international financial investments, shares of companies with a business model that is directly related to blockchain technology and SPV structures. In this way, the shareholders of tokentus investment AG can indirectly invest in a diversified international portfolio of the pioneering blockchain market. Tokentus investment AG considers itself an investment pool and central access point for investors in the blockchain market. As a German public holding company, tokentus is committed to transparency and regular communication with its investors. Tokentus investment AG invests in financial assets, equity and token investments, blockchain-focused venture capital funds and SPV structures.

For further information see: www.tokentus.com

Rebuttal
This publication is neither an offer to sell nor an invitation to buy securities. No par value registered shares of tokentus investment AG (the “Shares”) may not be offered or sold outside the Federal Republic of Germany, in particular not in the United States or for or on behalf of or for the benefit of “US persons” (as defined in Regulation S of the US Securities Act of 1933, as amended (the “Securities Act”), the Securities have already been sold.

Contact for inquiries
Oliver Michel
CEO of tokentus investment AG
Tel: +49 175 7222 351
[email protected]
www.tokentus.com

25.01.2023 CET/CEST Dissemination of corporate news delivered by EQS News – a service of EQS Group AG.
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