Eightco Holdings Inc. Beta Launches AI-Generated Content Platform to Drive Competitive Advantage
April 11 2023 - 6:30AM
Eightco Holdings Inc. (NASDAQ: OCTO) is excited to announce the
beta launch of its innovative content platform, which leverages
embedded artificial intelligence (AI) generative technology. This
platform is a significant milestone in our ongoing efforts to
deliver compelling content and provide superior customer experience
across our ecosystem. With the launch of this tool, Eightco
Holdings and its subsidiaries can now generate relevant and
engaging content in a matter of minutes. The use of AI-generated
technology can potentially lead to more personalized and accurate
content, offering Eightco Holdings, Forever 8 and our customers a
competitive edge in the market.
“We are thrilled to have reached this phase of
development so quickly, following our announcement to create this
platform just last month,” said Brian McFadden, CEO of Eightco
Holdings Inc. “The application of AI-generated technology can
revolutionize how businesses create content that resonates with
their customers. By analyzing large data sets and using algorithms
to generate content, AI-generated content can be highly efficient
and effective in creating subject matter that resonates with
specific audiences,” added McFadden.
This platform marks a significant milestone in
our company's journey to remain at the forefront of innovation and
technology. Our commitment to delivering superior customer
experience remains unchanged, and we believe that the launch of
this tool will empower our teams to create high-quality content
that resonates with our clients, improving their experience and
driving growth for our business.
About Eightco Holdings
Inc.
Eightco Holdings Inc. (NASDAQ: OCTO) is
committed to growth focused around its existing subsidiaries,
Forever 8, an inventory management platform for e-commerce sellers,
and Ferguson Containers, a provider of complete manufacturing and
logistical solutions for product and packaging needs, through
strategic management and investment. In addition, the company is
actively seeking new opportunities to add to its portfolio of
technology solutions focused on the e-commerce ecosystem through
strategic acquisitions. Through a combination of innovative
strategies and focused execution, Eightco Holdings Inc. aims to
create significant value and growth for its portfolio companies and
shareholders.
For additional information, please
visit www.8co.holdings
Forward-Looking Statements
This press release contains forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. All statements in this press release other than
statements of historical fact could be deemed forward looking.
Words such as “plans,” “expects,” “will,” “anticipates,”
“continue,” “expand,” “advance,” “develop” “believes,” “guidance,”
“target,” “may,” “remain,” “project,” “outlook,” “intend,”
“estimate,” “could,” “should,” and other words and terms of similar
meaning and expression are intended to identify forward-looking
statements, although not all forward-looking statements contain
such terms. Forward-looking statements are based on management’s
current beliefs and assumptions that are subject to risks and
uncertainties and are not guarantees of future performance. Actual
results could differ materially from those contained in any
forward-looking statement as a result of various factors,
including, without limitation: the failure to achieve the expected
benefits of the Content platform described above; the potential
that the expected benefits of Eightco Holdings Inc.’s acquisition
of Forever 8 are not achieved; achievement of the expected benefits
of Eightco Holdings Inc.’s spin-off from Vinco Ventures, Inc.; tax
treatment of the spin-off; market and other conditions; the risks
that the ongoing COVID-19 pandemic may disrupt Eightco Holdings
Inc.’s business more severely than it has to date or more severely
than anticipated; unexpected costs, charges or expenses that reduce
Eightco Holdings Inc.’s capital resources; Eightco Holdings Inc.’s
inability to raise adequate capital to fund its business; Eightco
Holdings Inc.’s inability to innovate and attract users for Eightco
Holdings Inc.’s products; future legislation and rulemaking
negatively impacting digital assets; and shifting public and
governmental positions on digital asset mining activity. Given
these risks and uncertainties, you are cautioned not to place undue
reliance on such forward-looking statements. For a discussion of
other risks and uncertainties, and other important factors, any of
which could cause Eightco Holdings Inc.’s actual results to differ
from those contained in forward-looking statements, see Eightco
Holdings Inc.’s filings with the Securities and Exchange Commission
(SEC), including the section titled “Risk Factors” in Eightco
Holdings Inc.’s Registration Statement on Form 10, as amended,
filed with the SEC on May 13, 2022, and Eightco Holdings Inc.’s
Registration Statement on Form S-1, as amended, filed with the SEC
on January 24, 2023. All information in this press release is as of
the date of the release, and Eightco Holdings Inc. undertakes no
duty to update this information or to publicly announce the results
of any revisions to any of such statements to reflect future events
or developments, except as required by law.
For further information, please
contact:Investor RelationsRichard
Brown617-819-1289investors@8co.holdings
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