Asset Entities Inc. (NASDAQ: ASST), a provider of digital
marketing and content delivery services across Discord and other
social media platforms, today announced the launch of Ternary
V2, the next generation of Ternary’s Stripe-verified digital
community payment processing platform.
Upon its highly anticipated launch in early 2024, Ternary V2
will provide additional cutting-edge customer relations management
(CRM) tools allowing community owners the ability to scale, manage,
and transact payments all in a single platform. The platform is
intended to solve diverse problems in the Creator Economy, the
modern economic landscape where creators leverage digital platforms
and technology to produce and distribute content that promotes
products and services directly to their audience.
Asset Entities acquired Ternary, a cloud-based subscription
management platform for Discord communities, on November 10, 2023.
Ternary generates revenue by charging community owners a monthly
subscription plus a processing fee to use its B2B platform.
“We are excited to see the launch and implementation of this new
Ternary technology and to capitalize on the ever-growing Creator
Economy,” said Arshia Sarkhani, Asset Entities’ Chief Executive
Officer. “Ternary V2 is on track to allow any individual, business,
or brand that has a following to monetize their communities
seamlessly while utilizing CRM tools that are not available to
community owners today.”
Asset Entities believes the integration of Ternary V2 with its
AE360DDM suite of services, which is already utilizing Artificial
Intelligence and ChatGPT technology, and Designs, Develops, and
Manages Discord communities, will be fully complete by early
2024.
“With the success of Ternary V1, and the improvements that our
new CTO, Jason Lee, and his team are developing with V2, Asset
Entities is confident this new platform will acquire a wide
following across all segments of the Creator Economy,” added Mr.
Sarkhani.
The Creator Economy has seen tremendous growth recently with the
market size estimated to be approximately $250 billion according to
Goldman Sachs (Source: www.theleap.co). Via Ternary, Asset
Entities plans to capitalize on this growth by onboarding more
creators, communities, businesses, and brands to help convert
followers into subscribers by providing tools to collect payments
securely through Stripe while allowing for better segmentation and
personalization for its audience. Under Jason Lee’s management,
Ternary processed over $10 million in revenue on behalf of its
customers with more than 140,000 estimated successful transactions
to date since its founding by Mr. Lee in 2020. A member of the 2021
Forbes Next 1000 list of leading young entrepreneurs, Mr. Lee has
also been recognized for outstanding professional accomplishments
as a Salesforce Alumni Spotlight, having worked with that company
for just under seven years.
To learn about Ternary and its services, please go to
www.ternarydev.com. To learn about the AE.360.DDM suite of
services, please go to www.ae360.com and
https://discord.gg/ae360ddm.
About Asset EntitiesAsset Entities Inc. is
a technology company providing social media marketing, management
and content delivery across Discord, TikTok,
Instagram, Twitter, and YouTube and other
social media platforms. Asset Entities is believed to be the
first publicly-traded company based on the Discord
platform, where it hosts some of Discord’s largest social
community-based education and entertainment servers.
The company’s AE.360.DDM suite of
services is believed to be the first of its kind for
the Design, Development
and Management of Discord community servers.
Asset Entities’ initial AE.360.DDM customers have included
businesses and celebrities.
The company’s recent acquisition of Ternary, a cloud-based
subscription management solution for Discord communities and
stripe-verified payment processor, can be found at
www.ternarydev.com
Learn more at assetentities.com, and follow the company on
Twitter at $ASST and @assetentities.
Important Cautions Regarding Forward Looking
StatementsThis press release contains forward-looking
statements. In addition, from time to time, representatives of the
Company may make forward-looking statements orally or in writing.
These forward-looking statements are based on expectations and
projections about future events, which are derived from the
information currently available to Asset Entities, Inc. (the
“Company”). Such forward-looking statements relate to future events
or the Company’s future performance, including its financial
performance and projections, growth in revenue and earnings, and
business prospects and opportunities. Forward-looking statements
can be identified by those statement that are not historical in
nature, particularly those that use terminology such as "may,"
"should," "expects," "anticipates," "contemplates," "estimates,"
"believes," "plans," "projected," "predicts," "potential," or
"hopes" or the negative of these or similar terms. In evaluating
these forward-looking statements, you should consider various
factors, including: (I) the Company’s limited operating history;
(ii) the Company’s ability to introduce new products and services;
(iii) regulatory and compliance requirements; (iv) the effect of
the COVID-19 pandemic on the Company and its current or intended
markets; and (v) other risks and uncertainties described herein, as
well as those risks and uncertainties that are described more fully
in the section titled “Risk Factors” in the final prospectus
related to the initial public offering filed with the SEC and other
reports filed with the SEC thereafter. These and other factors may
cause the Company’s actual results to differ materially from any
forward-looking statement. Forward-looking statements are only
predictions. The forward-looking statements contained in this press
release are made as of the date of this press release, and the
Company does not undertake any responsibility to update the
forward-looking statements in this release, except in accordance
with applicable law.
Company Contacts:Arshia Sarkhani,
President and Chief Executive OfficerMichael Gaubert,
Executive ChairmanAsset Entities Inc.Tel +1 (214) 459-3117Email
Contact
Investor Contact:Skyline Corporate
Communications Group, LLCScott Powell, PresidentOne Rockefeller
Plaza, 11th FloorNew York, NY 10020Office: (646)
893-5835Email: info@skylineccg.com
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