Canada markets closed

CurrencyWorks Inc. (CWRK.V)

TSXV - TSXV Real Time Price. Currency in CAD
Add to watchlist
0.0550+0.0050 (+10.00%)
At close: 1:14PM EST
Full screen
Previous Close0.0500
Open0.0550
Bid0.0500 x N/A
Ask0.0600 x N/A
Day's Range0.0550 - 0.0550
52 Week Range0.0350 - 0.1800
Volume85,000
Avg. Volume55,707
Market Cap2.261M
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-0.0150
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • CurrencyWorks Selected by Forensic Art Certification Technology Inc. to build its Art Authenticity Blockchain
    GlobeNewswire

    CurrencyWorks Selected by Forensic Art Certification Technology Inc. to build its Art Authenticity Blockchain

    All-in-one solution will integrate interferometry, automation and blockchain technology to solve centuries old issueLos Angeles, Nov. 17, 2020 (GLOBE NEWSWIRE) -- CurrencyWorks Inc. (“CurrencyWorks” or the “Company”) (TSXV and OTCQB: CWRK), a publicly-traded company that builds and operates FinTech platforms for Digital Currencies, Security Tokens and Digital Assets that reduce costs, increase transactions plus liquidity and drive user engagement, announced being selected to create a solution that will change the art market by applying forensic and blockchain technology to prevent art forgeries and fakes.FACT (Forensic Art Certification Technology) is a forensic analysis tool utilizing interferometer technology and the blockchain to create an immutable record of ownership, and verification that the piece of artwork received is the artwork originally scanned. The interferometer can capture images with incredible precision allowing the FACT system to accurately verify that an image scanned is the same as the image received.By applying forensic technology and innovative thinking to the issue of art crime CurrencyWorks was selected to develop a patent pending all-in-one solution for Authenticity Verification, Condition Reporting and Collection Management. Leveraging technological advancements in Interferometry, Automation, and Blockchain Technology, FACT offers a truly secure object-oriented approach to one of this centuries’ oldest issues.Under the terms of the agreement the minimum contract value is US$500,000.00 and up to US$2M. This also includes possible multi-year operational support.“Every year, US$6B Black Market for Art that the FBI estimates worth of art is sold around the world – and an estimated 20% of them are forgeries. FACT uses forensic science to validate the authenticity of original works to sniff out fraud and put an end to the US$6B art forgery market,” said Bruce Elliott, CurrencyWorks President.Art crime is estimated to be the 3rd highest grossing crime after money laundering and terrorist activities; however, only a fraction of the resources are dedicated to stopping it relative to other crimes.“This technology will have the ability to validate art originality in every sector of the industry,” said Patricia Trompeter, FACT President. “We are excited to partner with the team at CurrencyWorks that has deep roots in developing blockchain solutions to successfully bring this to market and help us to revolutionize the global art world.”About CurrencyWorksCurrencyWorks Inc. (TSX: CWRK and OTCQB: CWRK) is a publicly-traded company that builds and operates FinTech platforms for Digital Currencies, Security Tokens and Digital Assets that reduce costs, increase transactions plus liquidity and drive user engagement.For more information on CurrencyWorks, please visit us at: www.currencyworks.io. For additional investor info visit www.currencyworks.io or www.sedar.com and www.sec.gov searching CWRK.Media Contact Arian Hopkins arian@currencyworks.ioCompany Contact Bruce Elliott, President Phone: 424-570-9446 Bruce.elliott@currencyworks.ioInvestor Inquiries Phone: 424-570-9446 ext. 8 ir@currencyworks.ioDisclaimer for Forward-Looking StatementsThis news release contains “forward-looking statements.” Statements in this news release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things,: that the Company’s solution will change the art market by applying forensic and blockchain technology to prevent art forgeries and fakes; that the minimum contract value is US$500,000.00 and up to US$2M and this also includes the possible multiyear operational support; that the Company’s technology will have the ability to validate art originality in every sector of the industry; and that the Company’s blockchain solutions will successfully bring this to market and help FACT to revolutionize the global art world.The material assumptions supporting these forward-looking statements include, among others, that there will be no material variations in current regulatory environments in which the Company or FACT operates; the perceived benefits from the Company’s blockchain solutions will be as expected; and the Company will be able to obtain any necessary financing on acceptable terms. Although management considers these assumptions to be reasonable based on information currently available to it, 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 will be unable to efficiently build th blockchain solutions; the risk that there may be negative changes in general economic and business conditions; the risk that the Company may have negative operating cash flow and not enough capital to complete the blockchain solutions; the risk that the Company may not be able to obtain additional financing as necessary; the risk that there may be increases in capital and operating costs as a result of working on the blockchian solutions; the risk that the blockchain solutions may be subject to fraud and other failures; the risk that there may be technological changes and developments in the blockchain that make the blockchain solutions obsolete; risks relating to regulatory changes or actions which may impede the development or operation of the blockchain solutions; the risk that other competitors may release similar blockchain solutions; and other general risks involved in the blockchain solutions.Any of these risks may cause the Company’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Further, although the Company has attempted to identify factors that could cause actual results, levels of activity, performance or achievements to differ materially from those described in forward-looking statements, there may be other factors that cause results, levels of activity, performance or achievements not to be as anticipated, estimated or intended. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by applicable law, including the securities laws of the United States and Canada. Although the Company believes that any beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

  • CurrencyWorks to Host Shareholder Update Call
    GlobeNewswire

    CurrencyWorks to Host Shareholder Update Call

    Los Angeles, Nov. 16, 2020 (GLOBE NEWSWIRE) -- CurrencyWorks Inc. (“CWRK”) (TSXV and OTCQB: CWRK), builds and operates FinTech platforms that include solutions for Digital Currencies, Security Tokens and Digital Assets that reduce costs, increase transactions, liquidity and drives user engagement announced today that it will host a virtual-only shareholder update call on November 19th, 2020 at 1PM PST/4PM EST. The shareholder update call will be facilitated by CurrencyWorks Chairman, Cameron Chell. He will be joined by Bruce Elliott, President, Currency Works and Ed Moy, Director, Currency Works, 38th Director of the United States Mint and former senior White House Staffer under President Bush.The team will provide an update on the state of the industry, CurrencyWork’s current projects, customers, recent sales and the future-state road map. Registration for the call can be done here.The Company will answer questions at the conclusion of prepared remarks. Investors are asked to submit their questions to ir@currencyworks.ioAbout CurrencyWorksCurrencyWorks Inc. (TSX: CWRK and OTCQB: CWRK) is a publicly-traded company redefining the FinTech value chain for customer attraction, engagement and retention by building and operating platforms for Digital Currencies, Security Tokens and Digital Assets that reduce costs, increase transactions and liquidity as well as drives user engagement.For more information on CurrencyWorks, please visit us at: www.currencyworks.io. For additional investor info visit www.currencyworks.io or www.sedar.com and www.sec.gov searching CWRK.Media Contact Arian Hopkins arian@currencyworks.ioCompany Contact Bruce Elliott, President Phone: 424-570-9446 Bruce.elliott@currencyworks.ioInvestor Inquiries Phone: 424-570-9446 ext. 8 ir@currencyworks.io

  • GlobeNewswire

    CurrencyWorks Announces 27 Hour Sell-Out of $100,000 of Digital Collectibles for the Topps Company on the WAX Blockchain

    CurrencyWorks facilitated and processed a sellout of limited edition, blockchain-authenticated digital collectibles for Garbage Pail Kids TMbranded digital trading cardsLos Angeles, July 29, 2020 (GLOBE NEWSWIRE) -- CurrencyWorks Inc. (“CWRK”) (TSXV and OTCQB: CWRK), provides platforms which build digital currencies and provides a suite of products and services to create more transactions for brands, announced today the sell-out of the first digital collectible series for the Topps Company of the Garbage Pail Kids Series 1 on the WAX NFT (Non-Fungible Token) Platform.The Topps Company, Inc. is the preeminent creator and brand marketer of physical and digital sports cards, entertainment cards and collectibles, and distinctive confectionery products. Since 1938, Topps trading cards have become synonymous with Major League Baseball, Star Wars, WWE, Garbage Pail Kids as well as other major sports leagues and iconic entertainment properties. Garbage Pail Kids is a series of sticker trading cards produced by the Topps Company. Originally released in 1985 and designed to parody the Cabbage Patch Kids dolls, which were popular at the time.The $100,000 Garbage Pail Kids Series 1 inventory of NFT digital collectibles comprised packs of 5 cards for $4.99 and 30 cards for $24.99 as digital trading cards which can be held in digital wallets or traded on the platform. These sold out in just over 24 hours between May 11-12, 2020 with payment processing via Stripe. This is the first project for CurrencyWorks to support the WAX NFT platform.The advantage of using the WAX NFT platform is that it allows users to trade collectibles instantly - worldwide, trade with confidence that every collectible is certified authentic, unique, and can never be altered and the ability to view a collectible’s full ownership record and trading history.CurrencyWorks President Bruce Elliott noted, "Our first offering where CurrencyWorks supported WAX purchases and it was a great success. With the incredible work done by WAX and the processing provided by CurrencyWorks, $100,000 in Garbage Pail Kids digital collectibles sold out quickly. The future of digital collectibles is definitely blockchain enabled!”Cameron Chell, Chairman of Currency Works said "We believe that Digital Collectibles are a new and powerful asset for any brand to engage customers plus fans and most importantly to increase and drive transactions within a brands community. We are looking forward to upcoming releases of digital collectibles.”About The Topps CompanyFounded in 1938, The Topps Company, Inc. is the preeminent creator and brand marketer of physical and digital sports cards, entertainment cards and collectibles, and distinctive confectionery products. Topps' leading sports and entertainment products include Major League Baseball, Major League Soccer, UEFA Champions League, English Premier League, Bundesliga, Star Wars, WWE, UFC, Wacky Packages, Garbage Pail Kids, Mars Attacks and other trading cards, sticker album collections and collectibles. Topps' app portfolio, including Topps BUNT®, Topps NFL HUDDLE®, TOPPS KICK® and Topps® Star Wars℠ Card Trader, has been a hit with millions of fans around the world. Topps' confectionery brands include Ring Pop®, Push Pop®, Baby Bottle Pop®, Juicy Drop® Pop, and Bazooka® bubble gum. Topps was acquired by Michael Eisner's Tornante Company and Madison Dearborn Partners in October 2007. For additional information, visit Topps.com and Candymania.com. Contact: Susan Yin syin@rogersandcowan.comAbout WaxWAX is an all-in-one blockchain platform enabling developers to easily create, sell and trade digital goods to empower businesses to profit from the next era of digital commerce. For more information, please visit https://wax.io, Twitter, YouTube and Telegram. Worldwide Asset eXchange™, WAX and Crypto Collectibles™ are trademarks and the sole property of Worldwide Asset eXchange. About CurrencyWorksCurrencyWorks Inc. (TSX: CWRK and OTCQB: CWRK) is a publicly-traded company redefining the transaction value chain for customer attraction, engagement and retention by providing platforms which build digital currencies and provide a suite of products and services to create more transactions for brands and increasing transactions through the creation and implementation of their own digital currency. CurrencyWorks partners with established brands who have large customer bases, fan followings, or online communities. CurrencyWorks acts as a vendor or joint venture to launch and develop digital currencies to solve real-world problems and create more transactions.For more information on CurrencyWorks, please visit us at: www.currencyworks.io. For additional investor info visit www.currencyworks.io or www.sedar.com and www.sec.gov searching CWRK.Media Contact Arian Hopkins arian@currencyworks.io Company Contact Bruce Elliott, President Phone: 424-570-9446 Bruce.elliott@currencyworks.ioInvestor Inquiries Phone: 424-570-9446 ext. 8 ir@currencyworks.io