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New human capital approaches to accelerate the development of uNFTs, Metaverse architecture and Web 3.0 infrastructure
VANCOUVER, BC, December 7, 2021 / CNW / – Looking Glass Labs Ltd. (“LGL” or the “Company”), a digital agency specializing in non-fungible tokens (“NFTs“) NFT utility (“uNFT“) Architecture, immersive augmented reality (“XR“) Metaverse Design and Royalty Streams for Virtual Assets, is pleased to announce that it has its global corporate headquarters (the”HQ“) located in Vancouver, Canada, owned by LGL and its flagship studio House of Kibaa (“HoK“) will take over the operation alongside other future units. In line with the rapid growth of the company, new employees will be employed in technical, creative, administrative and managerial functions in the Vancouver Area. Current vacancies can be found on the LGL website at www.lgl.io and more information is available on the company’s LinkedIn profile at www.linkedin.com/company/looking-glass-labs/about/.
As a multidisciplinary platform specializing in uNFT collections, metaverse architecture and web 3.0 infrastructure, LGL Management has recognized the importance of maintaining a corporate headquarters where employees, customers, suppliers and strategic partners face-to-face as needed can work together. With the cryptocurrency, blockchain, NFT and metaverse markets moving at an unprecedented pace, LGL believes that having a creative workspace is key to developing your own corporate culture. Additionally, the HQ could be an invaluable catalyst for innovation and creating opportunity through collaboration.
LGL intends to incorporate Metaverse technologies into certain aspects of their headquarters in order to provide a unique experience for employees and visitors to the company alike, and to allow users to test the company’s proprietary technologies and Metaverse-enabled digital assets. LGL is also currently reviewing branch office locations in various international locations known for their NFT-savvy and metaverse-informed talent pools including, but not limited to, Los Angeles, New York City, France, and Vietnam. The company views human capital as a major competitive advantage in its industry and is aggressively pursuing the acquisition of the most talented people and companies in the world.
Management comment
Dorian Banks, LGL’s Chief Executive Officer, commented: “The hotel is located in the center of Canada Technology center is our new global headquarters with more than fifty employees in product development, marketing and administration. On behalf of LGL and HoK, I welcome our current and future employees to our global headquarters, and I expect the facility will inspire continued growth and innovation in our core verticals of uNFT development and Metaverse integration. “
SEARCH VIA THE GLASS LABORATORY
Based in Vancouver, British Columbia, Looking Glass Labs is a digital agency specializing in non-fungible tokens (“NFT“) Architecture, immersive augmented reality (“XR“) Metaverse design and license streams for virtual assets. Its leading brand House of Kibaa (“HoK“), is a digital studio at the forefront of technologies in the blockchain, NFT and XR metaverse sectors. HoK is designing and curating a next generation metaverse for 3D assets that enables functional art and collectibles to be displayed simultaneously in different NFT- Blockchain environments to exist.
On behalf of LOOKING GLASS LABS LTD.
“Dorian Banks”
Dorian Banks, Managing Director
Twitter: @dorianbanks
Forward-looking information
This press release contains “forward-looking statements”. Statements in this press release that are not purely historical in nature are forward-looking statements and contain all statements about beliefs, plans, expectations or intentions regarding the future. These forward-looking statements include, but are not limited to: the company’s goal to become the leading digital studio specializing in NFT architecture, immersive metaverse design, and monetization streams for displaying virtual assets; and build a portfolio of perpetual NFT royalty streams through collaborations, value-adding acquisitions, and other arrangements to potentially result in consistent, low-risk, passive income.
Some of the key assumptions in support of these forward-looking statements include, but are not limited to: the company could mitigate the risks associated with the blockchain and NFT industries; and the ability to compete with other companies in the NFT market.
While management believes these assumptions are reasonable based on the information currently available, they may prove to be incorrect. These forward-looking statements are only predictions and involve known and unknown risks, uncertainties and other factors including: the continued growth and acceptance of NFT and Metaverse offerings by consumers; the cost of developing and designing NFTs and metaverses is economically viable; the company is able to attract and retain sufficient labor with the desired skills to develop the company’s NFT and Metaverse offerings; the availability of third party offerings in the NFT, Metaverse development and online gaming markets to identify potential transactions; the increasing adoption of NFTs as a solution for various online gaming, entertainment and collecting purposes; the company is able to mitigate the risks associated with the blockchain and NFT industries; and the ability to compete with other companies in the NFT, Metaverse development, content creation, and collectibles marketplace.
While management believes these assumptions are reasonable based on the information currently available, they may prove to be incorrect. These forward-looking statements are only predictions and involve known and unknown risks, uncertainties and other factors including: the risk that the company’s offerings will not be accepted by consumers; the risk that other competitors will offer similar digital offerings; the risk of negative changes in general economic and business conditions; the risk that the company will have negative cash flow from operating activities and insufficient capital to complete development of any of its technologies; the risk that the Company may not be able to obtain additional funding; the risk of increased capital and operating costs; the risk that NFT technology will be exposed to fraud and other errors; the risk that there may be technological changes and developments in the blockchain that make NFT solutions obsolete; Risks related to regulatory changes or measures that may impede the development or operation of the blockchain solutions; the risk that other competitors may publish similar blockchain offers; the potential future ineptitude of the NFT market in general; the volatile cost of the computational effort required to perform certain operations on the blockchain; and other general risks associated with the blockchain solutions.
Risks and uncertainties relating to the company’s business are discussed in greater detail in the company’s disclosure materials, including its filings with Canadian securities regulators, which can be obtained from www.sedar.com.
Each of these risks could cause the company’s actual results, activities, performance or achievements to differ materially from the future results, activities, performance or achievements expressed or implied in these forward-looking statements. Although the company has attempted to identify factors that could cause actual results, activities, performance or achievements to differ materially from those described in any forward-looking statements, other factors could cause results, activities, performance or achievements to be lost are not as expected, estimated, or intended. These forward-looking statements speak as of the date of this press release and the company assumes no obligation to update any forward-looking statements or update the reasons why actual results could differ from those projected in the forward-looking statements, unless applicable law required, including the securities laws of The United States and Canada. Although the company believes that all beliefs, plans, expectations, and intentions contained in this press release are reasonable, no assurance can be given that such beliefs, plans, expectations, or intentions will prove to be correct. The company assumes no liability for the disclosure in relation to any other company named here.
SOURCE Looking Glass Labs Ltd.
For More Information: Dorian Banks, Toll Free: +1 833 LGL-NFTX (833-545-6389), Email: [email protected]
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