NFT.com Announces Key Engineering and Business Developments

NFT.com Announces Key Engineering and Business Developments

TORONTO, Oct. 27, 2022 (GLOBE NEWSWIRE) — Immutable Holdings Inc. (NEO: HOLD) (“Immutable holdings” or “Company”), a publicly traded blockchain holding company, is pleased to announce that Jacob Avidar and Shane Marzola have joined the company and serve as Vice President of Engineering and Vice President of Business Development and Partnerships, respectively, for NFT.com. Both will report to Chief Product Officer, Don Thibeau, and work closely with Founder and CEO Jordan Fried.

Avidar has previously served as vice president of engineering at various tier-1 companies. He has over 20 years of experience in broad areas of architecture and software development. Avidar has led small to large engineering groups building structured teams in research, development, quality assurance, DevOps and automation. He has expertise in cloud, networking, cyber security and Web3 technologies. In his role at NFT.com, Avidar will lead the construction and development of the platform.

Marzola joins NFT.com from BlockFi, where he led their Partner Success team. Prior to that, he spent over 12 years in the broadcast entertainment industry, in roles at CBS Television Network and NBCUniversal, where he handled affiliate relationships, partnerships and business development. At NFT.com, Marzola’s responsibilities include fielding high-value non-fungible token (NFT) collections and collectors, partnering with brands and technology providers to launch their NFT collections, and setting the direction for the entire business development lifecycle.

“I couldn’t be more excited to announce these two additions as our team grows,” said Fried. “Jacob brings outstanding technical expertise and leadership, which will be invaluable as we continue to develop NFT.com. Shane has demonstrated a proven track record of working with global brands and creators, resulting in a number of win-win collaborations. Both will play key roles as we aim for NFT.com to be the place where millions of creators connect with billions of users.”

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About Immutable Holdings Inc.

Immutable Holdings Inc. (NEO: HOLD), is on a mission to democratize access to Web3 and blockchain-based products and services. Founded by Jordan Fried, a founding team member of the multi-billion dollar Hedera Hashgraph network, Immutable Holdings already has tens of millions under management and a portfolio of businesses and brands built on the blockchain ecosystem, including NFT.com, Immutable Asset Management and 1- 800-Bitcoin. For more information on Immutable Holdings, visit https://immutableholdings.com/ and view the company’s disclosure documents on SEDAR at www.sedar.com.

For media inquiries and further information, contact:

Billy Baxter, Head of Business Development and Operations

Email: [email protected]

CAUTIONARY NOTE REGARDING FUTURE INFORMATION:

This press release contains certain statements that constitute forward-looking statements or information under applicable Canadian securities laws. Such forward-looking statements are subject to a number of known and unknown risks, uncertainties and other factors, some of which are beyond the company’s control, which may cause actual results or events to differ significantly from those stated, expected or implied in forward-looking statements. These risks and uncertainties include, without limitation, changes in applicable laws or the regulatory sphere in which the Company operates, general economic and capital market conditions, stock market volatility and other risks disclosed in the Company’s Annual Information Form dated March 31, 2022 and other disclosure documents available at the company’s profile at www.sedar.com. The foregoing is not an exhaustive list of factors that may affect the company’s forward-looking statements. Other risks and uncertainties which are not known to the company and/or which are not specifically referred to here, may also cause actual results or events to deviate significantly from those expressed in the company’s forward-looking statements.

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Although the Company believes that the forward-looking statements in this press release are reasonable, they are based on factors and assumptions, based on available information, regarding future events, which may prove to be inaccurate. As such, readers are cautioned not to rely on the forward-looking statements, as no guarantee can be given as to future plans, operations, results, levels of activity or performance. The forward-looking statements in this news release are made as of the date of this news release, and except as required by applicable law, the company undertakes no obligation to publicly update or revise any of the forward-looking statements, whether as a result of new information, future events or otherwise.

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