The world’s first hybrid NFT company to be listed in the United States


SINGAPORE, September 18, 2021 / PRNewswire / – Bonanza Goldfields Corp (OTC: BONZ) is pleased to announce that it has signed a memorandum of understanding to acquire 100% of Marvion Limited media.

Marvion Media Limited is a metaverse blockchain technology company, unlocking, enhancing and preserving the value of media and entertainment intellectual property through blockchain and related technologies to create hybrid NFTs. The company’s vision is to deliver the ultimate engagement of artists and fans, leveraging technology in the areas of digital metaverse and physical experience. Marvion will adopt their hybrid NFT (h-NFT) format on all created NFTs. H-NFTs will go through full Know Your Customer (KYC) and verification processes before Marvion acquire intellectual property. This is to ensure that only genuine and high quality NFTs are available on the platform.

Commenting on the business model, Julian So, Interim CEO of Marvion Media Limited said: “Marvion focuses on solving one of the main concerns of TVN owners: intellectual property (IP) ownership. Many NFT investors we have engaged with are unaware that as the owner of NFT they do not own the underlying IP associated with the artwork in the NFT smart contract. The intellectual property in fact continues to reside with the artist. This means that NFT owners do not have the right to take legal action against intellectual property infringements. This is a critical issue that Marvion hopes to approach through hybrid NFTs. It will disrupt the media and entertainment industry. ”

Each h-NFT contains the following elements: (1) contract of sale and purchase for the purchase of the license, (2) proof or representation of the ownership of the intellectual property, (3) deed of transfer for the transfer of the relevant part of the license to the holder of the h-NFT, (4) the title (over the license rights) entered in the description and (5) the intangible asset.

Regarding the acquisition, Bonanza Goldfields Corp (BONZ), a publicly traded over-the-counter company, will eventually own 100% of Marvion Limited media. Upon completion of acquisition, Bonanza Goldfields Corp would be renamed Marvion Media Limited, making it the first h-NFT company in the world to be listed in United States. It is expected that such a move will increase the accessibility of metaverse and blockchain technology companies to traditional retail investors, and the market will see a further increase in high-growth listed NFT companies to allow investors to diversify their related portfolio allocations. to blockchain.

Sharing his perspective on the acquisition, So commented, “We are very excited about this latest development. The growth of NFT has skyrocketed over the past few months and we have seen a tremendous amount of interest in what we are doing. I understand that some stakeholders and investors have some caveats, especially when NFT is a new business model. To help solve this problem, the company wanted to be listed in order to instill a high level of transparency and governance in this nascent industry. ”

To stay up to date with upcoming Hybrid NFT ™ ️ projects, please visit www.Marvion.Media or join Marvion Community on Telegram; https://t.me/Marvion_Media.

About Bonanza Goldfields Corp

Bonanza Goldfields Corp (OTC: Bonz) was previously a Las Vegas-based mining exploration company, United States. The main activity of the company was to search for gold and silver in properties located in the Goldfield, Tonopa and Comstock Mining Districts of Nevada, and the chloride mining district of Arizona.

About Marvion Limited media

Marvion Media Limited is a metaverse blockchain technology company, unlocking, enhancing and preserving the value of media and entertainment intellectual property through blockchain and related technologies to create hybrid NFTs. The company’s vision is to deliver the ultimate engagement of artists and fans, leveraging technology in the areas of digital metaverse and physical experience. Marvion will adopt their hybrid NFT (h-NFT) format on all created NFTs. H-NFTs will go through full Know Your Customer (KYC) and verification processes before Marvion acquire intellectual property. This is to ensure that only genuine and high quality NFTs are available on the platform.

More information about Marvion Limited media:
Website: www.Marvion.Media
Facebook: www.facebook.com/marvionmetaverse
Instagram: www.instagram.com/marvion.media
Twitter: www.twitter.com/marvion_media
LinkedIn: www.linkedin.com/company/marvion
Telegram: www.t.me/marvion_media

About Hybrid NFT (h-NFT)

An h-NFT is a best-in-class integrated smart contract that can execute a transaction and also contains the specific legal terms of the intellectual property and license. Each Hybrid NFT (h-NFT) contains the following:

  • 1. SPA for the purchase of the license.
  • 2. Proof of intellectual property ownership.
  • 3. Deed of transfer for the transfer of the relevant part of the license to the holder of the h-NFT.
  • 4. Title of ownership (to license rights) written in the description.
  • 5. Image / video / music file depending on the asset.

Contact: Parkson Yip, Director of Investor Relations, + 852-28398100, [email protected]

SOURCE Bonanza Goldfields Corp.



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