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Press release content from PR Newswire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from PR Newswire
Press release content from PR Newswire. The AP news staff was not involved in its creation.

The9 Limited Announced Its NFTSTAR is Planned to be Officially Launched on December 17 Global Pre-registered Users Exceeded 180,000

November 19, 2021 GMT

SINGAPORE, Nov. 19, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) (“The9”), an established internet company, today announced that following the recent signing of partnering stars, its NFT community and trading platform NFTSTAR ( www.nftstar.com ) has proliferated to 180,000 pre-registered users from 176 countries. The platform is planned to be officially launched one week before Christmas on December 17, 2021.

As of today, NFTSTAR has announced several partnering stars including the NFL football star Christian McCaffrey, Portuguese football legend Luís Figo, Korean football star Son Heung-Min, and two-time NBA MVP winner basketball star Giannis Antetokounmpo and his three brothers.

NFTSTAR is a NFT community and trading platform for users to purchase, trade, and interact. The major transaction contents of the platform are NFT collections developed with global superstar licensed IPs. Each NFT collectible has a unique record on the blockchain, and the users will obtain the ownership of the unique NFT collectible through purchase on the platform, or through trading on NFTSTAR’s marketplace. NFTSTAR will accept general payment methods such as credit cards to make it easy for global users to participate.

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The NFTSTAR community platform will cover superstars in various fields, including but not limited to sports, entertainment, art and celebrities in different industries. NFTSTAR community platform aims to create a significant portal to the future metaverse through superstars’ NFT collections, trading, and community interaction.

All pre-register users will receive a limited edition NFT collectible “NFTSTAR Community ID” presented by NFTSTAR when the platform is officially launched. Each NFTSTAR Community ID has a unique record on the blockchain which will be the user’s identity certificate in the NFTSTAR community.

The9 will continue to announce other exclusive partner athletes and artists. NFTSTAR will become a unique “Star Community”.

About The9 Limited

The9 Limited (The9) is an Internet company listed on Nasdaq in 2004. The9 aims to become a global diversified high-tech Internet company, and is engaged in blockchain business including the operation of cryptocurrency mining and a Non-Fungible Token platform NFTSTAR.

Safe Harbor Statement

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This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Such statements are based upon management’s current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond The9′s control. The9 may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about The9′s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: The9′s goal and strategies; The9′s expansion plans; The9′s future business development, financial condition and results of operations; The9′s expectations regarding demand for, and market acceptance of, its products and services; The9′s expectations regarding keeping and strengthening its relationships with business partners it collaborates with; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in The9′s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and The9 does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

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SOURCE The9 Limited