In a strategic move towards embracing artificial intelligence (AI), the NFT Gaming Company, Inc. has officially undergone a transformation, changing its name to Gaxos.AI and adopting the new ticker symbol “GXAI.” This shift underscores the company’s commitment to exploring the vast potential of AI technology.
The announcement, made by the company on [current date], highlights the upcoming transition of its common stock to trade on The Nasdaq Stock Market under the fresh identity of “GXAI.” The anticipated commencement of trading under the new name and ticker symbol is set for January 2024.
The decision to rebrand and refocus on AI was officially approved at a board of directors meeting held on January 5, 2024.
About Gaxos.AI (formerly NFT Gaming Company, Inc.):
Gaxos.AI is actively engaged in the development of a digital gaming platform that goes beyond the conventional gaming experience. The platform is poised to offer a mix of proprietary games and titles developed and published by third parties. The company’s visionary approach involves integrating traditional digital games with innovative methods. This includes the incorporation of non-fungible tokens (NFTs) to create and mint unique in-game features such as skins, characters, and experiences. The utilization of NFTs aims to provide users with unparalleled, personalized experiences and greater control over in-game assets.
Forward-Looking Statements:
The company acknowledges that this transformation involves inherent risks and uncertainties and cautions investors through forward-looking statements. These statements involve considerations of known and unknown risks that could impact the company’s financial condition, operational results, business strategy, and financial requirements. The company utilizes expressions like “may,” “will,” “expect,” “anticipate,” and others to signify forward-looking statements. The company remains committed to updating these statements as events unfold and circumstances evolve, as required by law.
While the company maintains a belief in the reasonableness of its expectations expressed in these forward-looking statements, it emphasizes the unpredictability of actual results. Investors are urged to review additional factors that may influence future outcomes in the company’s filings with the Securities and Exchange Commission (SEC).
