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

Worlds, Inc. designs and develops software, content and related technology for the creation of interactive, 3D Internet Web sites. The Company uses its technology to create its own Internet sites, as well as sites available through third-party online service providers. Its technology permits the development of virtual worlds, which have a range of applications, including a virtual meeting place, such as a fan club; a 3D e-commerce store, where merchandise can be viewed in 3D and purchased online, and a virtual classroom, where content can be viewed through video streaming and then discussed in real-time. Its technology includes WorldsShaper, WorldsServer, WorldsBrowser, WorldsPlayer and Worlds Gamma Libraries. The Company is focused on monetizing its collection of non-fungible tokens and its legacy celebrity virtual reality worlds. It is exploring strategic alliances with virtual reality platforms to refocus its positioning in the virtual reality (VR)/augmented reality (AR) markets.