Metavesco wipes the floor of Good Gaming’s MicroBuddies Water Bear collection

CUMMING, GA / ACCESSWIRE / September 23, 2022 / Metavesco, Inc. (OTC PINK:MVCO) (the “Company”), the leading Web3 publicly traded company, is pleased to announce the latest company investments in non-fungible tokens (NFTs). With the first of ten anticipated releases, titled the Water Bear profile picture (PFP) mint, in the Genesis collections created by Good Gaming under the MicroBuddies™ brand, the company immediately began “sweeping the floor” of the collection. “Sweeping the floor” is an NFT investment strategy in which a buyer buys all or a large number of the available NFTs in a project at the lowest possible level, or “floor price,” set by the owner.

The strategy focuses on identifying promising NFTs and acquiring a percentage of the collection, speculating that the NFTs will experience a spike in popularity and then price as demand increases. Bored Ape Yacht Club and Goblintown represent two prime examples of NFT collections where astute investors who came in early were rewarded with a nice return on investment while prices skyrocketed with publicity.

The Genesis collections are designed to help Good Gaming create cross-platform functionality back to its MicroBuddies™ base game as Good Gaming expands its reach across several popular gaming platforms, including Minecraft and Roblox experiences. For Metavesco, the purchases complement the company’s growing portfolio of digital assets across the metaverse, NFTs and cryptocurrencies.

“We have purchased a small collection of NFTs that we believe will remain under the radar of the general public and have a huge advantage because of their aesthetics and functionality,” said Ryan Schadel, Chief Executive Officer of Metavesco. “With every investment we make, be it in a smaller project like the Genesis Collections or a mega project like Yuga Lab’s Otherside, we expect to build business value with the added benefit of supporting fellow Web3 companies. What Good Gaming does by his game with others is cutting edge technology and we are excited to own some of the collection at a rock bottom price.”

More information about Good Gaming and its collections is available at:

https://twitter.com/goodgaminginc
https://opensea.io/collection/water-bear-collection

About Metavesco

Metavesco is a publicly traded web 3 company. The company generates income as a liquidity provider and invests in promising NFT projects and virtual land, mainly on EVM protocols.

Safe Harbor Statement

This press release contains statements that constitute forward-looking statements. These statements appear in a number of places in this press release and include all statements that are not historical facts regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; and (iii) growth strategy and business strategy. The words “may”, “would”, “will”, “expect”, “estimate”, “may”, “believe”, “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s control, and that actual results could differ materially from those projected in the forward-looking statements, as a result of several factors. More information about the potential factors that could affect business and financial results is contained in the company’s filings at sec.gov.

CONTACT:

[email protected]
(678) 341-5898

SOURCE: Metavesco, Inc.

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