Prospect Park Capital Corp. (CSE:PPK) PPK Announces Tutors On Demand Initiates Development of the First English Second Language (ESL) School in the Metaverse





Prospect Park Capital Corp. Announces Tutors On Demand Initiates The Development Of the First English As A Second Language (ESL) School in the Metaverse

Prospect Park Capital Corp. (CSE: PPK (“Prospect” or the “Company”) is pleased to provide a corporate update regarding 102130706 Saskatchewan Inc. (dba Tutors On Demand) (“Tutors On Demand”), a wholly owned subsidiary of the Company. Tutors On Demand has begun to initiate the conceptual build out of the first ever English as a Second Language (“ESL”) school within the Decentraland, one of the leading decentralized Metaverse worlds. Further to the Company’s press release dated December 8, 2021 announcing the Company’s virtual office services agreement with TerraZero Technologies Inc. (“TerraZero”), the office will now be a shared collective space where both Tutors on Demand and Diitalk Communications Inc. (“Diitalk”), a wholly owned subsidiary of the Company, can operate. The ESL school will operate through “EDSY”, Tutors On Demand’s recently launched TelEdTech product. Both Tutors On Demand and Diitalk will be afforded direct access within Decentraland to showcase and market their products and services.

Tutors On Demand intends to drive traffic to its location using concerts, events and educational open houses both within Decentraland, as well as in other Metaverses. The office space is located nearby Decentraland’s University district.

Anthony Zelen, a director of Prospect Park Capital Corp. And Tutors on Demand, commented:

“We are very excited to be the first ESL school within the Metaverse. This will help establish Tutors On Demand as a leading future provider of online virtual learning tools. Tutors On Demand will promote and advertise its unique EdTech online learning platform “EDSY” to students within the Metaverse. Students will be able to begin studying the English language and participating in the Metaverse ESL classroom. In the future Tutors On Demand plans on offering additional languages and other subjects. Tutors On Demand will be rolling out a variety of programs and initiatives over-time. Web 3.0 and specifically the Metaverse offers a safe, efficient and fun environment and represents a new way to reach and interact with students and customers. Tutors On Demand will be establishing an early presence within the Metaverse and we believe it will provide us with new users, marketing opportunities and strengthen the Tutors On Demand brand. We are excited to be working with TerraZero, a knowledgeable and experienced Metaverse company”.

About the Metaverse

“The Metaverse is an expansive network of persistent, real-time rendered 3D worlds and simulations that support continuity of identity, objects, history, payments, and entitlements, and can be experienced synchronously by an effectively unlimited number of users, each with an individual sense of presence.”

The Metaverse is a digital universe that combines multiple elements of technology for a range of human activities, including the integration of virtual spaces and virtual economies. Humans can enter the Metaverse using a virtual reality headset and can interact with each other at virtual events. The word “Metaverse” is made up of the prefix "meta" (meaning beyond) and the stem “verse” (a back-formation from “universe”)[1]; the term is typically used to describe the concept of a future iteration of the internet, made up of persistent, shared, 3D virtual spaces linked into a perceived virtual universe[2]. The metaverse in a broader sense may not only refer to virtual worlds, but Internet as a whole, including the entire spectrum of augmented reality[3].

[1] Metaverse - Wikipedia
[2]https://web.archive.org/web/20140608135859/http://www.metaversestandards.org/index.php?title=Main_Page
[3] http://metaverseroadmap.org/inputs4.html#glossary

About Decentraland

Decentraland is a decentralized virtual world platform where users (avatars) can create, experience and monetize content and applications. Visit: www.decentraland.org.

About Tutors On Demand

Tutors On Demand is a Canadian based company in the EdTech sector that connects qualified tutors and student learners who are seeking additional educational support. The platform is an effective, flexible, and affordable solution developed with responsiveness and the safety of interaction between tutors and students in mind. Tutors On Demand’s mandate is to help deliver courses online in a multitude of subjects, including math, sciences and languages in a secure, safe, and efficient environment.

ON BEHALF OF THE BOARD OF DIRECTORS

PROSPECT PARK CAPITAL CORP.

“Jim Greig” CEO & Director

For further information please contact:

Anthony Zelen
Tel: 778-388-5258
azelen@tutorsondemand.com

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