Strong AI Signs Letter of Intent with The NFT Marketplace Inc.
Strong AI Invest Limited (Strong AI), a leading innovator in AI-driven mental health technology, is pleased to announce the signing of a Letter of Intent (LOI) with The NFT Marketplace Inc. (OTC: NFTM), a prominent player in the fintech and web3 sectors. This LOI marks a significant step toward NFTM's proposed acquisition of Strong AI, a move that aligns with NFTM’s strategy to expand its portfolio into high-growth sectors, including digital health and artificial intelligence.
Under the terms of the LOI, NFTM intends to acquire 100% of Strong AI’s share capital in exchange for ten million shares of NFTM common stock, valued at approximately $8 million. These shares will be issued in five instalments over a 12-month period, contingent upon the achievement of key development milestones that align with NFTM’s growth objectives.
A Shared Vision for the Future
This collaboration represents a strategic opportunity to combine Strong AI’s pioneering mental health technology with NFTM’s broader technological ecosystem. The partnership will allow both organisations to advance their shared vision of providing scalable, accessible, and empathetic solutions in the growing digital health market, which is projected to reach $537.97 billion by 2030.
"The signing of this Letter of Intent is a monumental moment for Strong AI. This partnership not only validates the potential of our technology but also allows us to accelerate the development and delivery of mental health solutions that are desperately needed by so many."
Milestones for Growth
The agreement outlines five key milestones that Strong AI will achieve as part of the acquisition process:
Execution of the Sale and Purchase Agreement (SPA) and essential infrastructure completion (1 million shares).
Development of advanced emotional intelligence features (2 million shares after 3 months).
Integration of crisis response capabilities (2 million shares after 6 months).
User experience optimisation (2 million shares after 9 months).
Pre-launch adjustments and final user experience enhancements (3 million shares after 12 months).
The existing Strong AI leadership team will remain in place, ensuring continuity and focus on achieving these milestones while continuing to drive innovation in AI mental health solutions.
Our Commitment to Mental Health
At Strong AI, we are deeply committed to creating empathetic, AI-driven solutions to support individuals struggling with mental health challenges. Our app, currently in development, aims to provide accessible real-time care for issues ranging from loneliness and addiction to suicidal thoughts.
This partnership with NFTM represents a powerful alignment of values and a mutual dedication to innovation and growth. Together, we look forward to making mental health support more accessible and effective for people everywhere.
For more information on Strong AI’s mission and progress, visit www.strong-therapist.com.
About Strong AI Invest Limited
Established in London, UK, Strong AI is dedicated to developing advanced artificial intelligence tools for mental health support. The company integrates AI with emotional intelligence to create personalised, scalable solutions that address a wide range of mental health challenges.
About The NFT Marketplace Inc.
The NFT Marketplace Inc. (OTC: NFTM) is a technology-driven organisation focused on consolidating high-growth companies in fintech, AI, and web3. By building a cohesive ecosystem, NFTM seeks to generate value for its shareholders and shape the future of the digital landscape.
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