Newport Beach, CA – (Originally published February 12, 2024) – NB Tech Acquisitions (“NB Tech”), a leading technology incubator and investment firm, is proud to announce its acquisition of Vlokr, a cutting-edge blockchain-based social media platform, in a transaction poised to reshape the digital content landscape. This strategic move underscores NB Tech’s commitment to investing in transformative technologies and accelerating the adoption of decentralized systems.
The acquisition unites NB Tech’s proven expertise in scaling innovative tech startups with Vlokr’s groundbreaking platform, which leverages blockchain to empower content creators and foster direct audience engagement. Vlokr’s unique ecosystem—centered around its VTV token and Voting Power (VP) mechanisms—provides a decentralized, transparent, and equitable space for content creators to monetize their work without the constraints of traditional advertising models.
The acquisition of Vlokr aligns perfectly with NB Tech’s mission to democratize access to high-growth tech opportunities and fuel the next wave of digital innovation. By integrating Vlokr into its portfolio, NB Tech is positioned to:
- Enhance Vlokr’s Growth Trajectory: With NB Tech’s resources and industry connections, Vlokr will scale its platform to reach new markets and expand its user base, creating unprecedented opportunities for content creators and audiences worldwide.
- Expand Decentralized Content Solutions: This acquisition strengthens NB Tech’s presence in the blockchain space, cementing its role as a leader in decentralized technologies that drive economic and creative empowerment.
- Deliver Value to Investors: Vlokr’s innovative model and growing adoption represent significant revenue potential, offering NB Tech’s investors a stake in a rapidly expanding market.
“The acquisition of Vlokr represents a milestone in NB Tech’s journey to foster transformative technologies,” said Eric Liboiron, acting CEO and Chairman of NB Tech Acquisitions. “Vlokr’s blockchain-driven platform is at the forefront of the digital content revolution, and together, we will unlock new possibilities for creators and users alike. This transaction exemplifies our commitment to delivering innovative solutions and exceptional value to our stakeholders.”
Vlokr’s CEO, Amanda Carter, echoed this sentiment: “Partnering with NB Tech marks an exciting chapter for Vlokr. With their support and vision, we can accelerate our mission to create a more equitable and transparent social media landscape, empowering creators and audiences to connect and thrive on their terms.”
Following the acquisition, Vlokr will operate as an independent subsidiary of NB Tech, ensuring continuity for its users while leveraging NB Tech’s resources to enhance platform capabilities. Plans are already underway to introduce advanced features, improve user experience, and expand to new markets globally.
About NB Tech Acquisitions
Founded in 2021, NB Tech Acquisitions is a private holding company and technology incubator headquartered in Newport Beach, California. The company focuses on acquiring and scaling innovative tech startups in sectors such as blockchain, artificial intelligence, and Web 3.0. By providing funding, development, and scaling solutions, NB Tech transforms promising ideas into profitable enterprises, democratizing investment opportunities for its stakeholders.
About Vlokr
Vlokr is a blockchain-based social media platform that enables content creators to monetize their work directly through audience engagement. Operating on the VLOCITY blockchain, Vlokr’s decentralized ecosystem fosters transparency, equity, and innovation in the digital content space.
For more information about this acquisition and NB Tech Acquisitions, visit www.nbtechacquisitions.com.
Brooke Rhoden,
Vice President of Investor Relations
949.229.0977
SAFE HARBOR FORWARD-LOOKING STATEMENTS
In connection with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, NB Tech Acquisitions is hereby providing cautionary statements identifying important factors that could cause our actual results to differ materially from those projected in forward-looking statements (as defined in such act). Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimated,” “intends,” “plans,” “believes” and “projects”) may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. These statements include, but are not limited to, our expectations concerning our ability to attract investors.
We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make, and investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.
This press release does not constitute an offer of any securities for sale.
The post REPUBLISH- NB Tech Acquisitions Announces Transformational Acquisition of Vlokr, Pioneering Blockchain-Based Social Media Platform appeared first on 24/7 MarketNews.
