Earlyworks Co., Ltd. Enters Into Memorandum Of Understanding With Pocket RD Inc. For Business Expansions In The "Phygital" Marketing Era
Portfolio Pulse from Benzinga Newsdesk
Earlyworks Co., Ltd. (NASDAQ:ELWS) has signed an MOU with Pocket RD Inc. to form a business alliance aimed at expanding their market presence in the 'phygital' marketing era. The alliance will leverage Earlyworks' private blockchain technology, Grid Ledger System (GLS), and Pocket RD's 3D Avatar and Blockchain XR technology to develop new business opportunities and provide user-friendly services for clients in the Web 3.0 industry. The collaboration is expected to improve technology performance, create high-quality blockchain systems, and strengthen market positions in various industries.
November 27, 2023 | 1:18 pm
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Earlyworks' MOU with Pocket RD Inc. signifies a strategic move to expand its market footprint in the 'phygital' marketing space, leveraging its GLS blockchain technology and Pocket RD's 3D Avatar and Blockchain XR technology.
The MOU between Earlyworks and Pocket RD is likely to be viewed positively by investors as it represents a forward-thinking approach to capturing market share in the emerging 'phygital' marketing sector. The collaboration is expected to enhance the company's technological capabilities and potentially lead to new business developments. This strategic move could increase investor confidence in Earlyworks' growth prospects and innovation, potentially leading to a short-term positive impact on the stock price.
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