ICOA PROVIDES INVESTORS WITH AN INTERIM UPDATE ON PROJECTS AND ACTIVITIES

Las Vegas, Nevada, June 13, 2022 (GLOBE NEWSWIRE) — ICOA Inc. (OTC: ICOA) ($ICOA; “the Company”), a publicly listed company Nevada company that acquires blockchain-enabled projects and businesses, today updated its roadmap and timeline, and shared high-level information on new projects and activities.

For each of the projects mentioned below, separate press releases and investors will be issued at the appropriate time.

The immediate roadmap includes the following highlights:

  • The iBG NFT platform will be brought online by June 24, 2022. Named “Symbiosis NFT Platform, Part of ICOA”, the platform will support both emerging and established artists by connecting them and allowing them to collaborate.
  • ‘The iBG investment portal, part of the ICOA’ will be put online by July 1, 2022.
  • The ICOA ‘ad network’, a joint venture project (also known as the ‘billboards’ project), will share the same name as the NFT platform, as the two will complement and feed off one another. ‘other. The “Symbiosis Ad Network, Part of ICOA” will be launched as soon as the technical elements have been finalized and will feature time splitting, moving to blockchain.
  • An exciting new project that will be part of the ICOA family, which has been in the planning stages for several months and named ‘The Collective, Part of ICOA’, is a one-of-a-kind, utility token-driven ‘ecosystem’ NFT that combines three categories: a) residual and recurring income, b) vacation and wellness, and c) metaverse. With the launch of the first collection in each category by the end of summer 2022, The Collective will bring together the physical and virtual worlds, providing founders and members with exclusive travel and concierge offers through a reservation system. Unique Web 3.0, as well as access to NFT collections. The Collective will first be marketed at the start July 2022 to potential “founders”, who will benefit from exclusive and “early bird” offers.
  • In other news, The ICOA Fund (www.icoa.fund) is now fully operational and actively raising capital. The team discusses with interested participants.

Other projects that the ICOA is currently exploring, with a view to bringing to fruition over the next few months, include:

  • A promising new project around art in the metaverses.
  • The provision of a crypto debit card for the iBG ecosystem.

Further information on the above two items will be announced in due course and once due diligence has been completed.

Finally, ICOA is in the process of appointing a new Executive Chairman with extensive experience in assisting companies through restructuring to achieve growth plans – and that is exactly what he will help ICOA accomplish.

Hadria WangCEO of ICOA, comments: “The team has been extremely busy over the past few months perfecting an exciting suite of blockchain-enabled projects.

“We promised it would be ‘business as usual’ as we navigate the CE case with our legal team, and that is exactly what we are doing. We are “heads down” in all departments, working tirelessly to fulfill our mission to “liberate the blockchain”. The team and I look forward to sharing news on the above initiatives over the coming weeks and months. »

For more information, please contact: [email protected]

About ICOA Inc.:
ICOA Inc. is a listed company Nevada company. For more than 30 years, ICOA has been at the forefront of “transformative innovation”, bringing to market new technologies that exponentially change the way individuals, communities – and society as a whole – live, learn , work and earn. The ICOA team is keeping a smart, data-driven eye on the upcoming advancements made possible by blockchain technology. More information can be found at: www.icoa.tech.

SAFETY STATEMENT:
This press release contains forward-looking statements which can be identified by words such as “believes”, “expects”, “potential”, “plans”, “suggests”, “may”, “should”, “could”. “, ” to the intention of “. », or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from future results implied by such statements. These factors include, but are not limited to, our ability to continue to improve our products and systems to meet industry changes, our ability to expand our customer base and retain existing customers, our ability to compete effectively in our market segment, the lack of public information about our company, our ability to raise sufficient capital to fund our business, our operations, our ability to continue our operations and a limited public market for our common stock, among other risks. Many factors are difficult to accurately predict and are generally beyond the company’s control. Forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update forward-looking statements to reflect circumstances or events that occur after the date on which the forward-looking statements are made.

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Source: Icoa, Inc.

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Sara H. Byrd