Shiftpixy top gainer on Nasdaq on plans to launch NFT loyalty program

ShiftPixy

24/01/2022 15:24

** Shares of staffing firm  PIXY.O  jump 31.5% to $1.63,
making them the top gainer on the Nasdaq index 
    ** Says it will develop a non-fungible token (NFT) loyalty
program, with plans to release it in 2022 as it prepares for the
launch of its Ghost Kitchen food brands  urn:newsml:reuters.com:*:nBw5VbYysa
    ** An NFT is a unique digital or virtual asset which can be
bought or sold through blockchain-based technology like
cryptocurrencies
    ** The NFT Loyalty program is expected to incorporate web,
in-app gamification and augmented reality and will be available
to consumers that sign up for co's food brand ordering apps
    ** The program will enable consumers to take their custom
NFT's into the in-app games to win rewards and free food items
    ** Stock currently trades 66% above its 50-DMA of 96 cents
and is 6.2% away from its 200-DMA of $1.7
    ** As of Friday's closing price, stock has gained ~6% YTD

 (Reporting by Shashank Nayar in Bengaluru)
 ((Shashank.Nayar@thomsonreuters.com; within U.S. +1 646 223
8780; outside U.S. +91 80 6182 2256;))