MetaWorks Awarded Contract to Develop Web3 Music IP Management Platform and Mobile App

Total Contract Value is Estimated at Between $1 and $3 Million; Including a 7% Equity Stake in the Project

Fairfield, CA., Aug. 24, 2023 (GLOBE NEWSWIRE) — MetaWorks Platforms, Inc. (“MetaWorks” or the “Company”), (CSE: MWRK and OTCQB:MWRK), an award-winning Web3 company that owns, operates and develops platforms in the entertainment & technology space, is pleased to announce that it has been awarded a contract to develop a Web3 Music IP management platform and Mobile App with a total contract value estimated at this point to be anywhere from $1 to $3 Million including a 7% equity stake in the project.

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