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Cloud Nine provides corporate updates, investment outlook, and Canadian Business Journal

Vancouver, British Columbia, April 6, 2022 (GLOBE NEWSWIRE) — Cloud Nine Web3 Technologies Inc. (CSE: CNI) (OTCQB: CLGUF) (FRANKFURT: 1JI0) (“Cloud nine” or “society”) Is a leading company in distributed network and data storage technology, and we are pleased to provide Cloud Nine shareholders, stakeholders, and other stakeholders with the latest information and investment outlook for the following companies: .. We are also pleased to announce content updates for our website, www.cloud9web3.com, and the Public Investment Presentation Deck.

Cloud Nine empowers investors to participate in the Web3 technology revolution through a core “unlimited” technology suite, strategic investment portfolio, and partners. Our company is “Strengthen the world’s secure Web3 ecosystem“. While Cloud Nine strives to take advantage of attractive investment opportunities, it also strives to ensure that its core technology suite is the foundation for all revenue and future projects.

During the first quarter of 2022, the company replaced and revived the management team. The management team conducted an extensive review of Cloud Nine’s existing technology portfolio and worked with the team to create an exciting plan from the rest of 2022 to 2023. We have also begun investigating a series of further investments and partnerships with new and existing partners and investees. Below is an overview of CloudNine’s currently active assets and investments.

Unlimited VPN

Limitless VPN is the first VPN built with a focus on Metaverse and Web3 features. Limitless VPNs provide a free alternative to mainstream subscription VPNs, while providing access to larger distributed infrastructures for peer-to-peer Web3.0 users. Cloud Nine provides VPN services to the community in exchange for access to potential background computer resources that are not in use when the system is idle.

The company has recently completed debugging its VPN software and plans to restart and monetize the VPN in the second quarter of 2022.

Sign up to get started with Limitless VPN at www.limitlessvpn.com

Investing in the next decentrum

Next Decentrum is the world’s most iconic NFT product lunch pad. With its own NFT marketplace, Momentable, Next Decentrum is generating revenue and expanding rapidly.

Cloud Nine currently owns 16% of Next Decentrum and has the right to increase its stake to 27.6% of the company.

Management commentary

“CloudNine is ready to move from an asset collection tool to a revenue-generating manager,” said Lucas Russell, President and CEO. “After last month and a half at the company, we are very pleased with the assets and tools available to generate meaningful revenue in 2022 and are even more excited to continue working on some of Limitless’s new applications. Technology Suite. VPN is just the tip of the iceberg of what I believe technology is possible. “

“When I joined the CloudNine team, I wanted to make sure I used my past investment to fund the company’s next expansion and development. In the coming months, the number of users and revenue. At the same time, Cloud Nine is building a future iteration of Limitless technology, allowing it to expand its footprint in the Metaverse and Web3 communities through acquisitions and potential joint ventures. We are really excited next year and look forward to sharing more with our shareholders, investors and stakeholders in the coming months, “continued M. Russell.

Updated website

We are also pleased to announce that we have recently updated our website at www.cloud9web3.com. The updated website contains information about investee companies and technologies. Updated investor centers, including downloadable materials including, but not limited to, news release repositories, investor presentations, and financial statements. Among other resources. Visitors can also subscribe to the company’s mailing list to receive the latest information directly from the company.

On behalf of the board
Cloud Nine Web3 Technologies Inc.

Lucas Russell
President and CEO
(604) 669-9788

About Cloud Nine Web3 Technologies Inc.

Cloud Nine is a diverse technology company focused on enabling decentralized mobility between consumers and businesses by leveraging its unique Web 3.0 technology products. Web 3.0 provides data, value, and more through the foundation of peer-to-peer networks, without the need for distributed users and machines to create many benefits such as giving each user full control and ownership. Enables a sustainable world where you can interact with your counterparties of all personal and corporate data.

For more information, please contact:
Paul Searle
Corporate communication
Citygate Capital Corporation
Phone: (778) 240-7724
psearle@citygatecap.com

Neither Exchange nor its regulatory service provider is responsible for the validity of the accuracy of this release. The Stock Exchange, Securities and Exchange Surveillance Commission, or other regulatory agencies have not endorsed or dismissed the information contained herein.

Description of future prospects

The specific statements in this press release are forward-looking statements and are promising in nature. Forward-looking statements are not based on past facts, but on current expectations and expectations of future events, so actual results differ significantly from future results expressed or implied by future prospects. Affected by possible risks and uncertainties. statement. These statements are generally “may”, “should”, “do”, “done”, “intended”, “estimate”, “plan”, “expect”, “expect”. It can be identified by using words about the future outlook, such as “expect”. , “Believe” or “continue”, or their negative or similar variations. The forward-looking statements in this news release include the following: Limitless VPN expansion and monetization. Growth of our user base. And the company’s growth strategy. Factors that may cause actual results to differ materially from those described in the future outlook include: Continued availability of capital and funds. If you are unable to obtain the approval, permission, approval, or license required to operate your business. Technology integration; the impact of technology changes on the industry. Lack of demand for our products and services. Fluctuations in access from our user base. A user base that utilizes inefficient or legacy hardware and software. Competition; increased operating costs. Proceedings; Loss of key employees, consultants, and directors. Security threats; privacy and cybersecurity risks and failures. Failure to develop new and innovative products and services. If the counterparty fails to meet its obligations. The impact of the Covid-19 pandemic on the ability of the company to operate and hire personnel. Unfavorable general economic, market or business conditions. Such statements and information are based on many assumptions about our current and future business strategies and the environment in which we do business in the future, with no restrictions on the demand for products and services, our ability to successfully develop software, etc. Or a law that prevents a company from operating a business, expected costs, and the ability to secure sufficient capital to complete a business plan. Given these risks, uncertainties, and assumptions, we should not place excessive reliance on these forward-looking statements. Therefore, such forward-looking statements should be construed in the light of such factors and, except as required by applicable law, we assume no obligation and forward-looking statements. Explicitly disclaim any obligation or obligation to update or revise. Whether it is the result of new information, future events, etc.


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Cloud Nine provides corporate updates, investment outlook, and Canadian Business Journal

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