Marvion Inc., formerly known as Bonanza Goldfields Corp., operates as a holding company registered in Nevada, with subsidiaries in Hong Kong and Singapore focused on media, entertainment, and technology sectors. The company leverages Web3 technologies, including blockchain and metaverse solutions, to provide a one-stop platform for brands and content creators, allowing them to preserve and enhance the value of their intellectual properties through their unique product, Digital Ownership Tokens (DOTs). These tokens represent legal ownership rights over both tangible and intangible assets, accompanying smart contracts to facilitate secure transactions within the digital landscape.
Currently, Marvion's operations include two main segments: the Media & Entertainment segment, which creates and distributes licensed media products through its online platform MetaStudio, generating revenue primarily from the sale of DOTs, and the Business Consulting segment that provides financing and development solutions. The company aims to drive efficiencies in media content discovery and rights management, improving traditional processes that often involve significant intermediaries and lengthy durations. Furthermore, Marvion intends to expand its Metaverse capabilities to provide immersive user experiences, although its development efforts have been temporarily suspended due to adverse economic conditions.