SUNRISE, FL - (NewMediaWire) - September 30, 2022 - NextPlay Technologies, Inc.(Nasdaq: NXTP),a digital native ecosystem for finance, digital advertisers, and video gamers, announced today the continuing progress made by itsHotPlay in-game advertising group and game studio with the completion of two more hyper casual games, further expanding its game portfolio inadvance of its proprietary in-game advertising solution’s commercial launchexpected later this year.
Hotplay’s games studio has completed two more hyper casual titles, Pup's Up!andCannon Crash. Both games will be available cross-platform for web browsers, native mobile (iOS, Android) and Android TV (playable with a TV remote).
InPup's Up!,gamers exercise their manual dexterity to negotiate obstacles along a 3D infinite runner path. Jump, dodge, slide, and carve a path through ever increasing difficulty towards the top of the high score leaderboard. Players unlock new and cute characters and environments by collecting coins along the way. As standard in portfolio games, Pup's Up! integrates the building blocks of Pecan Universal UI, IGA Ads, and IGA Rewards.
Cannon Crash is a fun shooter game in the 2D Arcade genre. Players battle bouncing boulders, shooting bullets to avoid getting overrun and crushed. Bullets come in various types with their own effects and effectiveness and can be obtained through loot drops during gameplay. High scores are the ultimate goal in order to climb the leaderboard. Digital coins can be collected to unlock characters and environments in the game's shop. IGA Ads and Rewards are also integrated ready for the In Game Advertising Open Beta, due to release this quarter.
Both games will be added to the dozens of games in the HotPlay Casual Game portfolio that will be available in the GoPlay platform commercial launch later this year.
About NextPlay Technologies
NextPlay Technologies, Inc. (Nasdaq: NXTP) is a technology solutions company offering games, in-game advertising, crypto-banking, and digital banking solutions to consumers and corporations within a growing worldwide digital ecosystem. NextPlay’s engaging products and services utilize innovative AdTech, Artificial Intelligence and Fintech solutions to leverage the strengths and channels of our existing and acquired technologies. For more information about NextPlay Technologies, visit www.nextplaytechnologies.comand follow us on Twitter@NextPlayTech and LinkedIn.
This press release includes “forward-looking statements” within the meaning of, and within the safe harbor provided by the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements give our current expectations, opinions, beliefsor forecasts of future events and performance. A statement identified by the use of forward-looking words including “will,” “may,” “expects,” “projects,” “anticipates,” “plans,” “believes,” “estimate,” “should,” and certain of the other foregoing statements may be deemed forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to be materially different from those suggested or described in this news release. Factors that may cause such a difference include risks and uncertainties including, and not limited to, our ability to negotiate and enter into definitive agreements with those parties that we have entered into preliminary non-binding agreements with; our ability to effectively and efficiently integrate our recently acquired assets into our business; our need for additional capital which may not be available on commercially acceptable terms, if at all, which raises questions about our ability to continue as a going concern; current regulation governing digital currency activity is often unclear and is evolving; the future development and growth of digital currencies are subject to a variety of factors that are difficult to predict and evaluate, many of which are out of our control; the value of digital currency is volatile; amounts owed to us by third parties which may not be paid timely, if at all; certain amounts we owe under outstanding indebtedness, which are secured by substantially all of our assets and penalties we may incur in connection therewith; the fact that we have significant indebtedness, which could adversely affect our business and financial condition; uncertainty and illiquidity in credit and capital markets which may impair our ability to obtain credit and financing on acceptable terms and may adversely affect the financial strength of our business partners; the officers and directors of the Company have the ability to exercise significant influence over the Company; stockholders may be diluted significantly through our efforts to obtain financing, satisfy obligations and complete acquisitions through the issuance of additional shares of our common or preferred stock; if we are unable to adapt to changes in technology, our business could be harmed; if we do not adequately protect our intellectual property, our ability to compete could be impaired; our business is susceptible to risks associated with international operations; unfavorable changes in, or interpretations of, government regulations or taxation of the evolving Internet and e-commerce industries, which could harm our operating results; risks associated with the operations of, the business of, and the regulation of, Longroot and NextBank International (formerly IFEB); the market in which we participate being highly competitive, and because of that we may be unable to compete successfully with our current or future competitors; our potential inability to adapt to changes in technology, which could harm our business; the volatility of our stock price; and that we have incurred significant losses to date and require additional capital, which may not be available on commercially acceptable terms, if at all. More information about the risks and uncertainties faced by NextPlay are detailed from time to time in NextPlay’s periodic reports filed with the SEC, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, under the headings “Risk Factors”. These reports are available at www.sec.gov. Other unknown or unpredictable factors also could have material adverse effects on the Company’s future results and/or could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made only as of the date hereof. The Company takes no obligation to update or correct its own forward-looking statements, except as required by law, or those prepared by fourth parties that are not paid for by the Company. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.
SOURCE: NextPlay Technologies, Inc.
NextPlay Technologies, Inc.
Director of Corporate Development
Tel (954) 888-9779
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