Millionfy Co., Ltd. (CEO Dustin O) announced the comprehensive acquisition of the Web3 platform OrbCity and ORB tokens from global company METACITY PTE. LTD.
- Expanding the Web3 Ecosystem and Market Expectations
Due to recent growth stagnation and changes in the market, OrbCity has been unable to fully realize its potential. However, with this acquisition, Millionfy plans to revitalize the platform by securing its operational rights and technical assets. Prioritizing the protection of users' assets and data, the company aims to strengthen the platform's stability and reliability.
At the same time, Millionfy intends to elevate the user experience by introducing new features and services targeting the global market, leveraging the favorable conditions in the current Web3 market environment.
- A New Beginning for Rejuvenation
Through this acquisition, Millionfy plans to further expand its ecosystem centered on Web3 technology and a decentralized economic model. The company has set a goal to maximize OrbCity’s potential, achieving both the commercialization of blockchain technology and the acquisition of global users.
Accordingly, Millionfy will proceed with the acquisition in phases, aiming for completion by early 2025. Additionally, a detailed roadmap for global market expansion will be unveiled sequentially. Industry experts predict that the favorable market environment will create positive synergies for both companies through this acquisition.
This acquisition is expected to enable Millionfy and OrbCity to protect existing users, strengthen their competitiveness in the global market, and achieve a transformative leap for the platform.