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Aftermath Islands Metaverse to Launch Utility Token for Gameplay

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Allows players to facilitate in-game metaverse commerce activities for work, play and gaming

TORONTO, ON and BRIDGETOWN, BARBADOS / ACCESSWIRE / January 27, 2022 / Oasis Digital Studios Limited ("Oasis"), a wholly owned subsidiary of Liquid Avatar Technologies Inc. (CSE:LQID)(OTCQB:LQAVF)(FRA:4T51) ("Liquid Avatar Technologies" or the "Company"), a global blockchain and fintech solutions company, focused on digital identity, integrated avatars and the metaverse, is pleased to announce that its controlled subsidiary, Aftermath Islands Metaverse Limited ("Aftermath Islands"), has teamed up with Blockscale Studio, a group of experienced and seasoned blockchain and token economy partners including Influx Ltd., Contango Digital Assets Inc., and The Chain Collective, to launch the Aftermath Islands Utility Token for use in its metaverse. The program is expected, but not guaranteed to launch in Q2 2022. Interested parties can click here for more information and to join the whitelist.

Upon launch, the Aftermath Islands Utility Token (codenamed "Credits") can be used by players and participants to purchase items, transportation, crafting and building materials, attend events, for food, fashion, and other resources, allowing the in-game economy to flourish. Credits are expected to be available for purchase directly through Aftermath Islands, other partners and exchanges.

As previously announced, players will also be able to earn Credits for free by playing The Lost Kingdom of T'Sara, Aftermath Islands' first FREE Play to Earn (P2E) game. Account holders can acquire Credits, resources, rare drops and more by proving work and using staking along with completing task-based adventures.

One of the goals of Aftermath Islands is to set up in-game currency houses and other commercial properties throughout its virtual island properties in conjunction with its financial services and other partners to provide players with instant access to acquire Credits and other items for use in-game, for use by their avatars, as well as managing a range of other metaverse in-game currencies. Vendors, facilities, and venues will be able to use Credits to power their stores, events, and other programs making it easy to facilitate all manners of commerce in the Aftermath Islands Metaverse.

Aftermath Islands' Utility Token and its tokenomics will be managed through a separate, wholly owned subsidiary of Aftermath Islands Metaverse Limited and access to purchase Credits will be subject to regulatory requirements. All participants and contributors must meet jurisdictional requirements and have a Liquid Avatar digital wallet and create level 2 verifiable identity credentials to purchase Credits and subsequently hold an account in Aftermath Islands Metaverse to ensure that all players are good actors. Aftermath Islands and Blockscale intends to provide additional updates, including the chain on which the token will be available, in a reasonable time once information is known.