Global Tech Industries Group, Inc. and TCG World Enter into Memorandum of Understanding to Lease and Develop Commercial Land in the Metaverse

New York, NY, Jan. 18, 2022 (GLOBE NEWSWIRE) — Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, today announced that it has entered into a strategic partnership with TCG World (JCC Gaming BV), a Netherlands-based company, to lease commercial virtual land as part of its upcoming Metaverse project. Additionally, GTII and TCG World intend to jointly explore other business opportunities within the TCG World Metaverse.

GTII, along with the TCG Worlds development team, will build and develop virtual art galleries to showcase GTII’s art collection on the GTII Plot, which is capable of hosting up to 100 virtual structures to display art. digital art.

David Reichman, Managing Director of GTII, said, “GTII’s leadership team, along with our group of technical consultants, continue to impress me with the depth of their acquired knowledge and expertise, deliberately moving forward to establish the company’s presence in virtual worlds. digital fine art and the metaverse. The new partnership between GTII and TCG World represents another step in the company’s continued expansion into the metaverse. Once fully developed, GTII will be able to virtually display the company’s growing art collection.”

David Evans, TCG Worlds Managing Director, said: “The TCG World management and development team worked with the GTII team to explore the possibilities of bringing art into the metaverse and creating an educational, virtual shopping experience that will provide users around the world the opportunity to enjoy art to which they would never have had access. before the creation of the metaverse. Through virtual reality experiences inside the metaverse, consumers can visualize their purchases before purchasing a product or artwork. »

About Global Tech Industries Group, Inc.: GTII is a publicly traded company incorporated in the State of Nevada, specializing in the pursuit of new and innovative technologies. Visit GTII here https://gtii-us.com/

About the TCG World : TCG World is an online open-world virtual gaming experience where players can earn TCG Coin 2.0, collect NFT collectibles, own virtual real estate, craft, explore the game world, and build their own online businesses. TCG World introduces a new approach to NFTs, making it more than just a work of art – players can now take their NFTs into the game world and play. Everything a player owns in the metaverse is an NFT – real estate, vehicles, pets, trophies, and even player avatars. TCG World, consists of 100,000 public plots divided into four main regions; Asia, North, Forest and East, each with its own city center that offers business opportunities. Visit TCG World here https://tcg.world/

Please follow our company at: www.otcmarkets.com/stock/GTII or at https://gtii-us.com/

Safe Harbor Forward-Looking Statements:
This press release may contain forward-looking statements based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual results and results to differ materially from those anticipated or expected, including statements relating the amount and timing of expected income related to our financial performance, expected income, distributions and future growth for the upcoming quarterly and annual periods. These risks and uncertainties are further defined in the Company’s filings and reports with the United States Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected or contemplated by forward-looking statements due to a number of factors detailed from time to time in our filings with the SEC. Among other things, the Company may not be able to maintain its growth or achieve profitability due to numerous factors, including, but not limited to, the risk that we may not be able to find and acquire businesses and assets that will enable us to become profitable. Reference is hereby made to the cautionary statements set forth in the Company’s most recent filings with the SEC. We have incurred and will continue to incur significant expenditures in our development phase, noting that there is no guarantee that we will generate enough revenue to offset these costs in the short and long term. New lines of business may expose us to additional legal and regulatory costs and one or more unknown exposures, the impact of which cannot be predicted at this time.

Words such as “estimate”, “project”, “predict”, “will”, “should”, “should”, “could”, “could”, “could”, “anticipate”, “plan”, “have intention”, “believe”, “expect”, “aim”, “aim”, “target”, “objective”, “probable” or similar expressions that convey the forward-looking nature of events or results generally indicate forward-looking statements. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Except as required by law, we undertake no obligation to update, modify or withdraw any forward-looking statements, whether as a result of new information, future events or otherwise.

Global Technology Industries Group, Inc.
511 Sixth Avenue, Suite 800
New York, NY 10011
[email protected]

About Margaret L. Portillo

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