VANCOUVER, Aug. 28, 2018 /CNW/ - NetCents Technology Inc. ("NetCents" or the "Company") (CSE: NC / Frankfurt: 26N) is pleased to announce that it has entered into an agreement with X2 Blockchain Games (X2).
X2 was founded by Nolan Bushnell, the founder of Atari and Chuck E. Cheese's Pizza Time Theatre, together with game developers and legendary Hollywood VFX expert, Zai Ortiz. X2 is an independent game publisher creating cutting-edge strategy and mobile games integrating blockchain technology.
Through this agreement, NetCents will work with X2 to integrate cryptocurrency and payment processing into X2's suite of video games, as well as exploring potential value-added capabilities and services.
The NetCents platform will be used as an Asset Management System to be used within the suite of games for users to obtain and manage their winnings. These winnings will be stored and managed on the NetCents Gateway. The Asset Management System will manage all in-game wallets and users will be able to withdraw, exchange, and redeem their winnings via their X2 gamer profile to export to their external wallet. Through this agreement, NetCents will be adding support for smart contracts on the Ethereum blockchain, supporting both ERC 20 and ERC 721 tokens.
X2 is developing a suite of games that leverage Blockchain Technology to create bigger, better and more valuable games experiences, seamlessly integrating the digital and physical realms and creating real world value opportunities for player.
Games currently in development include over 40 games from Nolan Bushnell's back catalogue, dating from 1977 to present day. These historic games will be developed and designed to meet modern day technological advances integrating Blockchain Technology and Cryptocurrency elements into game play.
About X2 Blockchain Games
X2 Blockchain Games is an independent game publisher creating cutting-edge strategy and mobile games integrating blockchain technology. Created by the Godfather of the Video Game Industry and founder of Atari and Chuck E. Cheese's Pizza Time Theatre, together with game developers and a legendary Hollywood VFX expert.
X2 Blockchain Games is Nolan Bushnell's Legacy and gift to the Video Game Industry he helped create and the fan base he has around the world.
Games will be developed with the company's development capability in Silicon Beach California, the Southern Californian hub of Gaming and eSports. Hollywood quality graphics will be integrated and world class cost effective development.
NetCents is a next-generation online payment processing platform, offering consumers and merchants online services for managing electronic payments. The Company is focused on capturing the migration from cash to digital currency by utilizing innovative Blockchain Technology to provide payment solutions that are simple to use, secure and worry-free. NetCents works with its financial partners, mobile operators, exchanges, etc., to streamline the user experience of transacting online.
NetCents Technology is integrated into the Automated Clearing House ("ACH") and is registered as a Money Services Business (MSB) with FINTRAC, which ensures our consumer's security and privacy. NetCents is available for deposits from 194 Countries around the World, providing you with the freedom to choose to Pay. Your Way. ™
On Behalf of the Board of Directors
NetCents Technology Inc.
"Clayton Moore" Clayton Moore, CEO, Founder and Director
NetCents Technology Inc. Suite 1000 – 1021 West Hastings Street Vancouver BC V6B 0C3
Cautionary Note Regarding Forward-Looking Information
This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates, and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
SOURCE NetCents Technology Inc.
For further information: please visit the corporate website at www.net-cents.com or contact Gord Jessop, President: [email protected], 604-895-7423.