NYIAX, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023

NYIAX, Inc. (NYIAX) is a financial platform technology company. The Company's platform utilizes the Nasdaq financial framework (NFF). NYIAX employs smart contracts and blockchain technology as core ledgers therefore enabling contract formation, compliance and reconciliation. It connects buyers and sellers of media through secure transactions. NYIAX is a marketplace where advertising inventory, campaigns and audiences are listed and sold through utilization of financial technology. The NYIAX platform provides media buyers (brands, advertisers or agencies) and media sellers (publishers or media) a marketplace where advertising or audience campaigns are listed, bought, and sold. It has incorporated Hyperledger Fabric Blockchain, an enterprise blockchain, as its core ledger for tracking order terms, contract management and contract reconciliation. It receives a commission or fee upon completion of the media advertising contract.