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Tuesday, January 25, 2022

Wanderport Corp. (OTCMKTS: WDRP) Jumps as Company Announces Move into Metaverse

Wanderport Corp. (OTCMKTS: WDRP) has seen a significant jump in price and volume after the Company announced its move into the booming Metaverse projected to reach $800 billion in 2024 according to a recent analysis by Bloomberg, IDC, PWC, Statista, and Two Circles. The Metaverse represents the convergence of the physical and digital worlds and the next stage in the evolution of the internet, e-commerce, social networks, and digital communities. 

WDRP is “pink current” with less than a million in debt on the books with 690 million share outstanding and 478,200,000 free trading shares currently trading at a $3,659,827 total market valuation. On January 5 the stock traded as high as $0.015 shy of 52-week highs of $0.0205. Speculators accumulating at current levels are looking for a break over $0.0205 for confirmation of the next leg up. 

Wanderport Corp. (OTCMKTS: WDRP) operating out of Santa Monica, California is a publicly traded company on the OTC Markets under the symbol WDRP. The Company operates as an investment holding and incubator company. 

WDRP has announced its entry into the booming Metaverse projected to reach $800 billion in 2024 according to a recent analysis by Bloomberg, IDC, PWC, Statista, and Two Circles. The Metaverse represents the convergence of the physical and digital worlds and the next stage in the evolution of the internet, e-commerce, social networks, and digital communities. This market presents a unique opportunity for a rare set of early adopters that have the capabilities to capitalize on these new revenue streams.   

The Metaverse is the new internet evolution, presenting huge business potential in numerous industries. Wanderport plans to expand into this space by offering products and services in areas, including but not limited to: health and wellness, entertainment, travel, and education. The Company will begin by leveraging existing metaverses such as Decentraland, Sandbox and others to create virtual presence and produce NFT objects for those spaces.  Visitors can also conduct commerce by purchasing and selling products and services at those locations. “NFTs have seen explosive growth in 2021, which helped facilitate the wide adoption of cryptos,” commented Miki Takeuchi, CEO.  “We firmly believe that the growth of NFTs along with the metaverse will be exponential in 2022.  We are very excited to be an active participant in this space while at the same time creating significant shareholders’ value.”

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On January 5 WDRP announced its plans for reorganization and expansion into the metaverse. Wanderport’s management has been considering a number of options to redirect the Company’s operation to focus on a new path with higher growth potential and greater shareholders’ value. As a result, the Company will make a few key adjustments to its business beginning this month. The reorganization effort will include the reduction of outstanding shares, consolidation of its coffee product offerings, change in the non-fungible token (NFT) business and expansion into the metaverse. 

Outstanding Shares Reduction – To improve the capital structure, the Company will continue its efforts to acquire and cancel a number of its restricted Common shares. Tentative agreements have been reached and announcements regarding the share cancellation will be made soon. 

Coffee Product Consolidation – The Company will consolidate its coffee offering by moving all its hemp infused Sapa coffee under the Crypto 9 Coffee brand. The coffee will continue to be sold online through its online store and Amazon. The utility ERC-20 token, Crypto 9, designed as rewards-token, has not been actively used due to the recent high gas fees associated with the Ethereum blockchain. The Company has been exploring options to reduce the cost of usage and plans to implement it sometime this quarter. 

NFT – In addition to acquiring NFTs on marketplaces, the Company will begin to produce its own collections. They will be made available on a few key marketplaces such as OpenSea or Foundation. The minting of the first collection is expected to be done next month. As an incentive, all buyers of NFTs will receive Crypto 9 tokens and domestic buyers will also receive a bag of Crypto 9 coffee. 

https://twitter.com/tha_builder/status/1478726566792290306

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WDRP has seen a significant jump in price and volume after the Company announced its move into the booming Metaverse projected to reach $800 billion in 2024 according to a recent analysis by Bloomberg, IDC, PWC, Statista, and Two Circles. The Metaverse represents the convergence of the physical and digital worlds and the next stage in the evolution of the internet, e-commerce, social networks, and digital communities. WDRP is “pink current” with less than a million in debt on the books with 690 million share outstanding and 478,200,000 free trading shares currently trading at a $3,659,827 total market valuation. On January 5 the stock traded as high as $0.015 shy of 52-week highs of $0.0205. Speculators accumulating at current levels are looking for a break over $0.0205 for confirmation of the next leg up. We will be updating on WDRP when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with WDRP.

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Disclosure: we hold no position in WDRP either long or short and we have not been compensated for this article.

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