GlobeNewswire Inc | Dec 2, 2021 07:45AM EST

December 02, 2021

The platform will facilitate NFT trading for curated marketplaces including VUELE and Motoclub as well as community-based enterprise-grade NFT assets

Los Angeles CA, Dec. 02, 2021 (GLOBE NEWSWIRE) -- CurrencyWorks Inc. (CurrencyWorks'' or the Company), (CSE: CWRK and OTCQB: CWRK), an award-winning, full service blockchain platform provider, is pleased to announce that its Motoclub NFT trading platform (the Platform) is scheduled to go live in mid-December.

The Platform will facilitate NFT trading for the CurrencyWorks led curated Motoclub marketplace. Users will be able to easily connect to their digital wallets and instantly purchase or sell NFTs.

Demand for digital collectibles continues to soar to record highs. According to DappRadar, NFT sales volumes topped $10.6 billion USD in the third quarter of 2021, which is up more than 700% from the previous quarter. The blockchain industry also grew 25% quarter-over-quarter and 509% year-over-year in terms of Unique Active Wallets (UAW). On average, daily UAW topped more than 1.5 million in the third quarter.

The launch of the trading platform for Motoclub NFTs is part of the phased roll-out in support of the growing Motoclub community. We are excited by the growth of the community and the input the community has provided on the roadmap and systematic evolution of the Motoclub platform. We are determined to provide the best user experience for creators, buyers and sellers, said Cameron Chell, Executive Chairman of CurrencyWorks.

Motoclub, CurrencyWorks NFT platform for exclusive automotive collectibles, has continued to record successive sellouts of Barrett-Jackson NFT packs. With sales continuing to top expectations, Motoclub is on track to meet its revenue targets for 2021 and beyond.

Following the launch of the Platform, CurrencyWorks will begin working on providing cross-blockchain support.

About CurrencyWorks

CurrencyWorks Inc. (CSE: CWRK and OTCQB: CWRK) is an award-winning, publicly traded company that builds and operates a full service blockchain platform.

For more information on CurrencyWorks, please visit us atwww.currencyworks.io. For additional investor info visitwww.currencyworks.io orwww.sedar.com andwww.sec.govsearching CWRK.

Media Contact:Arian Hopkinsarian@currencyworks.io

Company Contact:Bruce Elliott, PresidentPhone: 424-570-9446Bruce.elliott@currencyworks.io

About Motoclub.io

Motoclub is a digital collectible space for automotive enthusiasts and fans of automotive memorabilia.

Motoclub partners with some of the biggest names in motorsport, classic and contemporary vehicles, to bring collectors some of the most unique and exclusive digital collectibles available today.

All Motoclub collectible NFTs are minted, sold, and traded through its own specially created platform for buyers to enjoy through their own Motoclub digital wallets.

The Motoclub platform is supported and managed by blockchain pioneers CurrencyWorks Inc.

For more information, go to http://www.motoclub.io.

Media ContactRichard Hiltonmedia@motoclub.io