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Bonanza Goldfields Corp. (OTCMKTS:BONZ) Stock Makes a Big Move: Soars 160% in a Month

Bonanza Goldfields Corp. (OTCMKTS:BONZ) stock is pulling back  abut after the monster rally in the past few weeks.  The stock has soared over 160% in the past month.

Market Action

As of 11:05, BONZ stock decreased 10% to $0.0259. A total of 2.12 million shares traded for the session hands, above its average volume of 7.66 million shares. The stock opened at $0.0296 and moved in a range of $0.0251 – 0.0296.

Key Trigger

Marvion Partners with OKEx NFT Marketplace to sell the World’s First Hybrid-NFTs on 5 Oct 2021

Bonanza Goldfields Corp. (OTC:BONZ) plans to acquire Marvion and is pleased to announce that the group will be launching the world’s first hybrid-NFTs (h-NFTs) on the OKEx NFT marketplace on 5 October 2021.

Being Asia’s 1st NFT film, “Lockdown” is an international thriller that features a global cast including Xander Berkeley (The Walking Dead) and Hong Kong actress Anita Chui (OCTB). 

The film is slated to release in the UK on 23 November 2021 and the UK Premiere screening has been scheduled to be on 7 October 2021. In support of the UK launch of the movie, Marvion will be releasing 2 limited-edition film h-NFTs and 5 limited-edition UK premiere h-NFTs on the OKEx NFT marketplace. Marvion has chosen the OKChain to mint these h-NFTs because it adopts a Delegated Proof of Stake (DPoS) consensus mechanism being even more energy efficient than PoS, which is already drastically more efficient than the Proof of Work consensus mechanism. 

For the film h-NFT, the buyer will own the movie file as well as the non-exclusive perpetual worldwide non-commercial and non-profit license to privately view the movie in private premises and will have a copy of the sale and purchase agreement (SPA) for the license to mint and sell NFTs in respect of the film, all stored on the blockchain. Based on its terms, the h-NFT owner would also be able to resell the h-NFT after viewing. For the UK premiere h-NFTs, each h-NFT will contain a pair of exclusive invites for its holder to attend the gala premiere with the actors as well as industry insiders. The tickets will also give them access to any subsequent online events and community sessions with the cast. After the event, the art work of the ticket contained in the h-NFT should also be collected as a valuable memory of a rare beautiful unique experience. 

With respect to the upcoming h-NFT launch, Julian So, Advisor to BONZ and Interim CEO of Marvion said, “We are extremely excited to launch the world’s first hybrid-NFTs on the OKEx NFT marketplace, after careful consideration of any environmental cost. This launch is groundbreaking in the sense that it opens up a completely new and innovative way for film enthusiasts and movie-goers to be immersed in a holistic movie experience. We hope this can revolutionise the traditional movie industry and allow the community to not just watch the film, but to also be able to own collectibles and movie memorabilia from the film itself by way of buying the h-NFTs.” 

Published by Madison Hall

After graduating from the University of Buffalo, Madison gained a real interest in the markets. She tends to be a swing trader and enjoys Pilates and yoga in her downtime.