A Metaverse universe and DAO on the Bitcoin Blockchain

TORONTO, ON / ACCESSWIRE / January 30, 2024 / Orthogonal Global Group Inc. (“Orthogonal” or the ” Company “) (CSE:OGG)(OTC PINK:OGGIF)(FSE:KZ2), a global accelerator and public investment platform focused on advancing initiatives in the wellness, healthcare, AI, digital ownership , deep tech and fintech spaces are delighted to unveil the creation of 4worlds, a metaverse universe and a decentralized autonomous organization (“DAO”) on the Bitcoin blockchain.

The project represents an advance in digital experiences, merging virtual reality (“VR”), augmented reality (“AR”) and decentralized decision-making. 4worlds will feature a series of 3D-generated environments known as “Mindscapes,” linked by digital portals. Mindscapes are immersive AR and VR experiences designed to complement therapy and spiritual practices.

Users will be able to design various Mindscapes and envision their inclusion in the 4worlds collective. The 4worlds DAO, which operates on a democratic voting system, will oversee these additions and cultivate a diverse and rich digital universe driven by its community.

Using Bitcoin Taproot assets, 4worlds will be at the forefront of DAO development on the Bitcoin blockchain. The project’s communication and coordination layers are developed on the Nostr social network protocol, ensuring a decentralized and robust platform.

Once integrated into the 4worlds universe, developers will be able to earn their Mindscapes. They also have the opportunity to expand the network by connecting their creations with others through 4worlds portals, opening avenues for affiliate partnerships.

Orthogonal formed strategic partnerships with Milo Media Technologies (“Milo Media”) for this venture. Milo Media, co-founded by Orthogonal board member Shidan Gouran, specializes in the development of a Nostr client and protocol for Bitcoin blockchain DAOs.

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“4worlds is an evolution of our previous projects, expanding our 2019 venture into the Sandbox Metaverse,” said David Nikzad, CEO and co-founder of Orthogonal. “We are now making a significant move towards a more decentralized metaverse tailored to experiences.”

Shidan Gouran, co-founder of Milo Media and Orthogonal board member, emphasized the project’s innovative nature: “4worlds is a pioneer, which is among the first DAOs on the Bitcoin blockchain, built on the decentralized Nostr communication layer. Its success can paves the way for future dAPP development on Bitcoin, and provides a more open alternative for AR/VR, game and metaverse developers compared to other major platforms that already exist.”

4worlds is an open, decentralized platform that aims to provide creative and therapeutic exploration opportunities in the digital landscape. This initiative underscores Orthogonal’s commitment to innovation and its vision for a more interconnected, experiential digital future that meets industry standards. Orthogonal is incubating 4worlds as a wholly owned subsidiary and plans to launch the 4worlds metaverse in early July 2024.

Walid Benothman, Kevin Soltani and Philip Lord, members of Orthogonal’s advisory board, will use their combined experience to oversee the project.

Walid was previously Head of BD and Institutional Sales at The 1inch Network, the world’s largest aggregator of DeFi exchanges and was instrumental in its success. When he joined Curv in 2020, he led Growth and Strategy for EMEA and positioned Dubai as a hub. His strategic direction led to Curv’s acquisition by PayPal, a milestone in crypto acceptance. From 2016 to 2020, Walid served as Head of EMEA Sales for Blockchain pioneer Ripple Labs, driving pivotal initiatives in institutional sales, partnerships and go-to-market strategies, significantly contributing to XRP’s ecosystem and use

Kevin brings over a decade of experience in the alternative investment industry. As the founder and CEO of GIMA Group, Inc., Kevin specializes in blockchain, proptech, gaming/esports and the metaverse, with four previous exits and one IPO in the company’s history. Throughout his career, Kevin has actively raised funds, fostered strategic partnerships, capitalized on startup potential and broadened market horizons.

Philip brings a wealth of knowledge and expertise in the web3.0 space. His extensive background as president at Oobit and an investment banker, serial blockchain investor and former non-executive director at Luna PR has ably equipped him to steer strategic partnerships, spearhead business development and execute powerful marketing strategies.

Visit Orthogonal’s new brand website at www.orthoglobalgroup.com.

About Orthogonal Global Group

Orthogonal Global Group Inc. is a global accelerator and public investment platform focused on accelerating and investing in the top companies and projects in disruptive industries. Orthogonal offers access to these pioneering companies and private projects in a public investment vehicle with liquidity and transparency. We believe it is in the Orthogonal intersection of wellness, healthcare, AI, tokenization, deep tech and fintech spaces that will move humanity towards a more utopian society.

Orthogonal remains focused on developing a Utopian Asset Class portfolio – a portfolio that provides investor returns and collectively bends the arc of humanity towards a utopian society by accelerating and investing in the top companies and projects in emerging industries.

For further information please contact:

Orthogonal Global Group Inc. David Nikzad CEO and Co-Founder Phone: 1-866-395-6989 Email: [email protected] Website: www.orthoglobalgroup.com

Cautionary Note Regarding Forward-Looking Statements

Certain information set forth in this news release may contain forward-looking statements that involve material known and unknown risks and uncertainties, some of which are beyond the control of the company. Forward-looking statements are often characterized by words such as “plan”, “continue”, “expect”, “project”, “intend”, “believe”, “expect”, “estimate”, “may”, “will”, ” potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur or be achieved and other similar expressions. Forward-looking statements are based on the estimates and opinions of management at the date the statements are made. In the news release, such forward-looking statements include, but are not limited to, statements regarding the Company’s performance, business goals, milestones and the potential outcomes of its development contained therein.

In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation: the Company’s ability to comply with all applicable regulations and laws, including environmental, health and safety laws; the success of 4worlds as a metaverse universe and a DAO on the Bitcoin blockchain; the experience of Orthogonal’s advisory board to oversee the project; the Company has sufficient working capital for future operating activities; the ability of the Company to achieve its business objectives and milestones and the expected timing of execution; the Company’s ability to continue as a going concern; the Company’s ability to achieve profitability in the 2024 fiscal year; the Company’s ability to obtain additional financing for continuing operations on terms acceptable to the Company set forth herein.

The above lists of forward-looking statements and assumptions are not exhaustive. Since forward-looking statements address future events and conditions, they inherently involve inherent risks and uncertainties. Actual results may differ materially from those currently expected or implied by such forward-looking statements due to a number of factors and risks. These include: changes in general economic, business and political conditions, including changes in the financial markets; require permissions or authorizations; changes in laws, regulations and policies affecting the Company’s operations; currency fluctuations; environmental issues and burdens; the inability of the Company to obtain additional financing for continuing operations on terms acceptable to the Company; the lack of control over the company’s investments; risks associated with investing in the SVS; volatility in the market price of the Company’s SVS; dilution of shareholders’ holdings; negative operating cash flow; the negative effects of interest rate and exchange rate changes; the potential impact of health crises and market instability due to the COVID-19 pandemic; risks related to the Company’s reliance on key employees; limitations in the liquidity of the SVS; litigation risks; risks with the integration of new businesses and acquisitions; risks related to the Company’s status as an “emerging growth company” under the U.S. securities laws; the company’s inability to expand into new business areas and geographic markets; managing growth; the risk of default on existing debt; the Company’s inability to continue as a going concern; and the company’s inability to achieve profitability in 2024.

Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results could differ materially from those described herein as intended, planned, expected, believed, estimated or anticipated. Although the Company has attempted to identify important risks, uncertainties and factors that could cause actual results to differ materially, there may be others that cause results not to be as expected, estimated or intended. The Company does not intend and assumes no obligation to update this forward-looking information, except as otherwise required by applicable law.

SOURCE: Orthogonal Global Group.

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