AppSwarm Corp (OTCMKTS:SWRM) was up 7.6% after the company announced a partnership with Touchpoint Group Holdings Inc. (OTCMKTS:TGHI) to create virtual products for the metaverse.
Trading Data
On Thursday, SWRM stock jumped 7.60% to $0.0085 with more than 52.72 million shares, compared to its average volume of 21.06 million shares. The stock has moved within a range of $0.0071 – 0.0109 after opening trade at $0.0071.
AppSwarm and Touchpoint Group Announce Collaboration for Metaverse Gaming Products
The company is delighted to announce the project with Touchpoint Group seeking to create a metaverse project for virtual gaming and NFTs. Notably, Touchpoint’s AIR RACE World Championship is the height of showcasing clean energy entertainment and aviation combination to the metaverse. In addition, Touchpoint’s IP in advanced aerial mobility will make exciting and new aerial NFTs for the gaming sector.
Already gaming is the largest segment in the metaverse, with millions of daily players engaging in various titles having created thriving communities. Leading brands like Balenciaga and Nike have adopted real products into metaverse with much success. AppSwarm is exploring another low barrier to entry prospects into metaverse from necessary hardware to develop metaverse and software to host it and business to operate within. So in the coming months, investors should keep an eye on SWRM.
Key Quote
Tom Bustamante, the Founder and CEO of AI Venturetech, Inc. commented, “These new virtual worlds will allow people to trade crypto collectibles like NFTs, while fundamentally changing the medium through which users and many businesses socialize with others, watch music performances, engage with commercial brands, and trade in-game skills and products. The goal now for AppSwarm is to seek out new opportunities, like theirs with Touchpoint Group, and begin staking out initial market share on which to expand out into 2022.”
