Cloud Nine Web3 (OTC:CLGUF) Strengthens Board with the Addition of former Executive of PayPal Asia

Summary: Cloud Nine Web3 Technologies (CSE: CNI) (OTC: CLGUF) Strengthens Advisory Board with the Addition of former Executive of PayPal Asia & CEO of GLOCONTECH * Richard Oh, a former executive at PayPal Asia, and Eric Sim, CEO of GLOCONTECH, will join Cloud Nine’s Advisor, Shin-Young Park, CEO of WePay Korea, to develop and advance Cloud Nine’s Limitless Real-Time Coin Payments and Blockchain Payment Gateway. * Limitless combines Real-Time Coin Payments (Conversion Platform) and Blockchain Payment Gateway (PG), supporting various payment integrations such as Visa and Mastercard. * By combining a Payment Gateway, POINT Development and Distribution Technology, Crypto Payment Systems, and Blockchain Real-Time Payments, Cloud Nine will enable users to access their data in a truly distributed fashion.Cloud Nine Web3 Technologies Inc. (“Cloud Nine” or the “Company”) (CSE: CNI) (OTC: CLGUF) (FSE: 1JI0), is pleased to announce that it has appointed Richard Oh, a former executive at PayPal Asia, and Eric Sim, CEO of GLOCONTECH, as Strategic Advisors. According to Grand View Research, the global digital payment market size was valued at USD 58.30 Billion in 2020. It is expected to expand at a compound annual growth rate (CAGR) of 19.4% from 2021 to 2028. Richard Oh, a former executive at PayPal Asia, spent over 18 years establishing PayPal’s payment network around the world, including Latin America, Africa and Asia. He also led key partnerships in the region, including partnerships with Visa, MasterCard, Amex, UnionPay, Citibank and Bank of America, as well as partnerships with Korea and Hana Bank and Shinhan Card. Richard has also been an advisor to start-ups focused on payment, Blockchain, social commerce and the trend industry of Artificial Intelligence (AI). Eric Sim, CEO of GLOCONTECH, has decades of international experience in global payment technology, credit management, banking and investment. He is a network, database design engineer, and project manager, currently running IT platform consulting firms, including payment, finance and media industries. Eric is a pioneer in the cross-border payment and remittance platform industry. GLOCONTECH has partnerships with PayPal, Fiserv, NHNKCP Korea, Hana bank Korea, NAB bank Australia, Asia Pay, China Union Pay, Financial House UK, Rakuten Japan, Western Union EU and many other global financial institutions. Richard and Eric will join the Company’s strategic advisor, Shin-Young Park, CEO of WePay Korea, and work together with the senior team at Cloud Nine to develop and advance the Company’s Limitless assets which include: * Issuance of a Limitless Coin and listing on an Exchange/Distribution * Limitless Global PG System Development * Limitless APP Development / Integration with a credit card * Real-Time Conversion Blockchain System Development (Integration with Limitless Pay) * Sports Coin Betting Games / Poker Hold’em (Self-Operated) * Establishment of Limitless Pay Network By combining a Payment Gateway, POINT Development and Distribution Technology, Crypto Payment Systems, and Blockchain Real-Time Payments, Cloud Nine will enable users to access their data in a truly distributed fashion. “I am thrilled to be joining the team at Cloud Nine to help accelerate the development of their innovative products,” said Richard Oh, former executive at PayPal Asia. “There is so much work to be done in the payment space, and together we have a great opportunity with Cloud Nine to pursue a future where everyone has access to advanced payment solutions.” CLOUD NINE WEB3 TECHNOLOGIES INC. About Cloud Nine Web3 Technologies Inc. Cloud Nine Web3 Technologies is a technology company focused on incorporating emerging technologies into its current platforms leveraging Web 3.0. Cloud Nine’s mission is to fuel innovation and make the future more accessible by powering the launch and growth of future tech companies. Web 3.0 enables a future where decentralized users and machines are...