ATIF Holdings Announces Launch of "ATIF Bossman" NFT Collection on OpenSea, the Largest NFT Marketplace in the World

• Showcase of ATIF's NFT Service Division, NFTDPO

IRVINE, Calif., April 5, 2022 /PRNewswire/ -- ATIF Holdings Limited (Nasdaq: ATIF, the "Company," "ATIF" or "We"), a holding company providing business and financial consulting services in Asia and North America, today announced that it has launched the first internally developed NFT collection, "ATIF Bossman," based on the likeness of ATIF's President, Chairman of the Board, and CEO, Mr. Jun Liu. All proceeds from the NFT sale will be donated to charity.

Today's launch aims to demonstrate the capabilities of ATIF's new NFT service division, NFTDPO. ATIF has established a business and technical cooperation with OpenSea, the largest NFT Marketplace in the world and where an estimated 250,000 people trade NFTs each month, to issue NFT collections that NFTDPO develops on behalf of creators. 

Jun Liu, President, Chairman of the Board, and CEO of ATIF commented, "The NFT market presents an attractive new opportunity for ATIF to leverage our technology advantages and abilities to showcase our development in NFTs, with our first 2000 piece NFT collection now available on OpenSea. According to data from Chainalysis, nearly $41 billion worth of cryptocurrencies was spent on the NFT marketplaces in 2021, yet more than 70% of Americans don't know what an NFT is. According to Finder, the top five countries with the biggest NFT adoption are in Asia. At ATIF, we are building the third generation of the internet-a group of technologies that includes decentralized finance, blockchains, tokens, and NFTs."

"While marketplaces are asset-heavy and capital intensive, our consulting services to creators allow ATIF to participate in the NFT marketplace by facilitating the NFT creation process from the initial concept through their development and listing on a marketplace. Depending on the size of the collection, we will earn up-front fees, with the option for a percentage of the proceeds from a launched NFT collection. For  creators, they will have the opportunity to enhance their brand, increase awareness, and generate revenue by leveraging their audience and brand concepts."

"The ATIF Bossman NFT series was minted based on my likeness in various outfits and accessories to demonstrate the extensive creative palette that NFTDPO offers. The artwork was designed by our internal ATIF Web3 team. All of the proceeds from the sale of the ATIF Bossman NFTs will be donated to charity."

"While most large companies are still learning about Web 3.0 and the metaverse, ATIF aims to be the gateway to helping companies of all sizes showcase themselves and gain exposure to a worldwide audience. We look forward to furthering developments of our NFTDPO division to continue delivering value to our shareholders," concluded Mr. Liu.

For more information about the ATIF Bossman NFT Collection, please visit https://www.atifbossman.art. 

About ATIF Holdings Limited

ATIF Holdings Limited ("ATIF") is a holding group with business consulting, asset management and investment business with business centers located in Los Angeles, California, Hong Kong, and Shenzhen, China. ATIF mainly provides IPO Advisory Services to small and medium-sized enterprises in Asia and North America. ATIF has advised several enterprises in China in their plans to become publicly listed in the U.S. ATIF was awarded the "Top 10 Best Listed Companies 2019" from the "Golden Bauhinia Award", the highest award in Hong Kong's financial and securities industry. For more information, please visit https://ir.atifchina.com/.

To learn more about IPOEX, our financial services platform, please visit: https://www.ipoex.com/

For more information about NFTDPO, our NFT service division, please visit https://nftdpo.com/.

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Forward-Looking Statements

Certain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantee of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: future financial and operating results, including revenues, income, expenditures, cash balances and other financial items; ability to manage growth and expansion; current and future economic and political conditions; ability to compete in an industry with low barriers to entry; ability to obtain additional financing in the future to fund capital expenditures; ability to attract new clients, complete projects for clients, and further enhance brand recognition; ability to hire and retain qualified management personnel and key employees; trends and competition in the financial consulting services industry; a pandemic or epidemic; the occurrence of any event, change or other circumstances that could affect the Company's ability to continue successful development and launch of its NFT collection; the possibility that the Company may not succeed in developing its NFT platform and business due to, among other things, changes in the business environment, competition, changes in governmental regulation, or other economic and policy factors; the ability of the Company to continue compliance with the development of applicable regulatory regulations in connection with blockchain, digital assets and the NFT industry; the possibility that the Company's ongoing NFT servces may be adversely affected by other economic, business, and/or competitive factors;  and other factors listed in the Company's annual report on Form 20-F and other documents filed with the Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions you that actual results may differ materially from the anticipated results expressed or implied by the forward-looking statements we make. You should not rely upon forward-looking statements as predictions of future events. Forward-looking statements represent our management's beliefs and assumptions only as of the date such statements are made. These forward-looking statements are made as of the date of this news release.

For investor and media inquiries, please contact:

In China:

ATIF Holdings Limited
Anna Huang
Tel: +86-139-2726-7157
Email: anna@atifchina.com

In the United States:

Strategic Investor Relations, LLC
Matthew Abenante, IRC
President
Tel: 646-828-8710
Email: matthew@strategic-ir.com

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SOURCE ATIF Holdings Limited