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Bluesky Digital Assets Corp. Provides Q4 2020 Gross Revenue Update & Announces Exercise of Stock Options

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Toronto, Ontario–(Newsfile Corp. – January 4, 2021) – Bluesky Digital Assets Corp. (CSE: BTC) (CSE: BTC.PR.A) (OTC Pink: BTCWF) (“Bluesky” or the “Corporation”), announced today that Gross Revenue in Q4 of 2020 from the Corporation’s active mining operations hit an all-time high, topping and surpassing the Corporation’s solid results from Q3 of 2020. The Corporation mined and sold an average of $72,853 CDN per month in Bitcoin in Q4 of 2020. The Q4 2020 Gross Revenue total represented an additional 10.25% increase from the Q3 2020 Gross Revenue total. Furthermore, Q4 2020’s Gross Revenue total from the Corporation’s active digital assets mining operations also represented an increase of 488% over the Q4 2019 Gross Revenue total. The Corporation has successfully increased its total incoming Gross Revenues from its active digital assets mining operations in four consecutive quarters and in 6 out of the last 7 fiscal quarters. The Corporation will release and include a full summary of its Q4 2020 performance when the Corporation files its 2020 Audited Financial Statements which will occur on or before April 30, 2021.

The Corporation also announced today that two Directors of the Corporation had exercised a combined 945,833 Stock Options which were held by the two Directors. In total $141,875 CDN in proceeds was raised via the exercise of the 945,833 Stock Options. All proceeds from the Stock Option exercise will be used for general working capital purposes and for the purchasing of additional Digital Assets Mining equipment.

Mr. Ben Gelfand Stated, “The continued increase of revenue, which we witnessed in Q4, occurred despite the fact that the block reward for Bitcoin continues to get increasingly more complex and increasingly takes longer to solve, and despite the fact that the blockchain networks continue to slow due to the increased traffic the networks are experiencing due to the rapid appreciation in the price of Bitcoin. We are extremely optimistic going into 2021 as the consecutive increases in our Gross Revenue stream which occurred in every quarter throughout all of fiscal 2020, was achieved due to the efficiencies we developed with our existing Digital Assets Mining equipment. With the recent closing of our Private Placement offering, and the exercise of the Stock Options, as announced today, we have over $1,000,000 CDN in capital we have allocated and can use exclusively for purchasing of new Digital Assets Mining equipment. Once our new equipment is in place, we will be implementing the same efficiencies that we have been using in our existing systems & equipment into the new equipment, and we anticipate that we will continue to repeat this process on a larger scale throughout fiscal 2021. Once we have deployed our new Digital Assets Mining equipment, which we anticipate we will be in a position to announce in the very near future, we anticipate we will have monthly revenue gains, with Bitcoin being very conservatively priced at $20,000 USD per Bitcoin.”

About Bluesky Digital Assets Corp.

Bluesky Digital Assets Corp, is building a high value digital currency enterprise. Bluesky mines digital currencies, such as Bitcoin and Ether, and is developing value-added technology services for the digital currency market, such as digital mining proprietary software. Offering a complete ecosystem of value-creation, Bluesky is targeting reinvesting appropriate portions of its digital currency mining profits back into its operations. A percentage of the profit will be invested in the development of a proprietary Artificial Intelligence (“AI”) based technology. Overall, Bluesky takes an approach that enables the Corporation to scale, and respond to changing conditions, within the still-emerging digital currency industry. The Corporation is poised to capture value in successive phases as this industry continues to scale. For more information please visit www.blueskydigitalassets.com.

For further information please contact:

Mr. Ben Gelfand
CEO & Director
Bluesky Digital Assets Corp.
T: (416) 363-3833
E: [email protected]

Mr. Frank Kordy
Secretary & Director
Bluesky Digital Assets Corp.
T: (647) 466-4037
E: [email protected]

Forward-Looking Statements

Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward- looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider as that term is defined in the policies of the CSE accepts responsibility for the adequacy or accuracy of this release. We seek safe harbor.

– 30 –

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

SpaceCatch: Where AR gaming meets blockchain innovation

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SpaceCatch has launched a new gaming platform that combines augmented reality with blockchain technology to promote fairness and enhance user experience, with a Public Beta scheduled for April 22, 2024.

SpaceCatch has unveiled a new gaming platform that combines augmented reality with blockchain to give users a fair gaming experience.

In gaming, one of the prevalent issues players encounter is the lack of fairness. Many games suffer from imbalances that give certain players unfair advantages or where the game’s economy favors only a select few.

This disparity can lead to frustration and dissatisfaction among players, ultimately diminishing the overall gaming experience.

In response to the growing demand for fairness in gaming, SpaceCatch emerged as a solution. This innovative game utilizes cutting-edge technologies like augmented reality and blockchain to establish an equitable gaming environment.

Through its decentralized design, SpaceCatch ensures that no single entity exerts undue influence over the game’s assets or mechanics, promoting fairness and inclusivity at its core.

Also, scheduled for April 22, 2024, the highly anticipated Public Beta launch of SpaceCatch represents a significant milestone in the gaming industry. With 20,000 testing slots available, this event marks a major advancement in the GameFi landscape. It underscores SpaceCatch’s commitment to revolutionizing the gaming world and its dedication to driving positive change within the gaming community.

In essence, SpaceCatch is not just a game but a solution to the gaming industry’s fairness problem. It provides a space where every player has an equal opportunity to succeed, making gaming more enjoyable and rewarding for all. But before we delve further into SpaceCatch, let’s find out more about it.

Embark on an epic journey with the new beta
During the current beta testing phase, participants will embark on an exhilarating journey through the expansive virtual universe of SpaceCatch. This captivating game is brimming with formidable alien adversaries, elusive treasures, and captivating mysteries waiting to be unveiled.

As beta testers, players wield significant influence in shaping the future trajectory of SpaceCatch, contributing invaluable feedback and insights to refine and elevate the gaming experience for all.

Beyond its commitment to fairness, SpaceCatch offers an immersive and revolutionary gaming encounter. Leveraging augmented reality (AR) technology, SpaceCatch crafts a dynamic and interactive gaming realm that immerses players like never before.

Whether battling aliens in your own neighborhood or venturing into uncharted territories via your smartphone screen, SpaceCatch delivers an unparalleled gaming adventure.

But that’s not all. SpaceCatch has pioneered the integration of blockchain technology, which adds a layer of security, transparency, and decentralization to the gaming experience. With blockchain, players can own their in-game assets, trade them confidently, and contribute to the vibrant SpaceCatch economy.

Furthermore, SpaceCatch is not just a game; it’s a community. With the help of AI-driven quests, personalized experiences, and social interactions, SpaceCatch brings players from all over the world together. Whether you’re collaborating on missions, trading assets, or simply chatting with other players, SpaceCatch fosters connections and camaraderie.

In summary, SpaceCatch is not just a game; it’s an innovative fusion of technology, community, and entertainment. It’s a platform where fairness, immersion, and innovation converge to create an unparalleled gaming experience.

Power of the CATCH token
SpaceCatch is a universe where players can engage in exciting adventures and earn rewards by using CATCH tokens. With a total supply of 100 million tokens, CATCH serves as the lifeblood of the SpaceCatch ecosystem. Whether players stake, purchase, or interact with others, CATCH tokens offer numerous opportunities to enhance their gameplay experience.

SpaceCatch has set aside 20 million CATCH tokens for staking over the next five years to incentivize long-term engagement and reward loyal players. In the first year, 50% of all staking rewards will be redistributed to the staking community, making it an attractive opportunity for participants.

CATCH tokens have multifaceted utility within the SpaceCatch universe. Players can use them to make in-game purchases, such as acquiring tools, missions, and exclusive content. Additionally, participants in the staking program can earn additional CATCH tokens as rewards for holding their tokens in a designated wallet over time, fostering commitment and loyalty.

Beyond staking, players can earn CATCH tokens through diverse in-game activities such as completing missions, battling aliens, participating in events, and encouraging active engagement and exploration. CATCH tokens also facilitate interactions within the SpaceCatch community, enabling players to trade, gift, or exchange tokens with one another, fostering camaraderie and collaboration.

Source: cypto.news

The post SpaceCatch: Where AR gaming meets blockchain innovation appeared first on HIPTHER Alerts.

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Blockchain

Blockchain Transforming Travel: Quantum Temple’s Innovative Venture

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In a groundbreaking collaboration at the enchanting crossroads of tourism and blockchain, Quantum Temple pioneers a futuristic upgrade for travelers. Partnering with Mysten Labs and Indonesia’s Ministry of Tourism and Creative Economy, Quantum Temple introduces a pioneering Web3 experience at Bali’s revered Pura Tirta Empul. This innovative endeavor seamlessly intertwines ancient heritage with modern technology, offering visitors an unprecedented journey through Bali’s aquatic marvels via blockchain-enabled entries and digital collectibles.

Visionary Leadership and Innovative Solutions
Linda Adami, the driving force behind Quantum Temple, envisions a paradigm shift in the tourism industry, where advanced blockchain technology fosters transparency and community empowerment. Adami’s inspiration stems from her tenure with Dubai’s government and her observations in Bali, where she witnessed the challenges locals faced within traditional tourism frameworks.

Central to Quantum Temple’s initiative is the Quantum Temple Passport, a cornerstone of this inventive endeavor. By integrating a decentralized loyalty scheme with a non-custodial wallet, Quantum Temple crafts an immersive digital journey for users. The platform ensures inclusivity by incorporating zkLogin, simplifying onboarding processes and broadening its appeal to all, including tech novices.

Addressing Industry Challenges and Shaping Future Trends

Quantum Temple tackles the pressing issues of overtourism and fragmented data through its smart blockchain system. This system enhances visitor relations and empowers cultural site management with enhanced decision-making capabilities. Through its “phygital” asset strategy, Quantum Temple establishes memorable connections, offering travelers tangible keepsakes and digital souvenirs that directly contribute to heritage conservation efforts.

Market Trends and Forecasts

The integration of blockchain technology into the travel industry mirrors current trends, with a focus on sustainability and responsible travel. Initiatives like Quantum Temple, which prioritize conservation funding and community empowerment, align perfectly with these trends. As blockchain applications continue to evolve, personalized customer experiences and streamlined processes are expected to drive further adoption within the tourism sector.

Key Challenges and Controversies

Despite its potential benefits, blockchain initiatives in travel face challenges such as the digital divide, environmental concerns, and privacy issues. Bridging this gap and ensuring accessibility for all users, while addressing environmental impacts and ensuring data security, remains imperative for widespread adoption.

Advantages and Disadvantages

Blockchain technology offers enhanced security, transparency, and streamlined loyalty programs within the travel industry. However, challenges such as complexity in adoption, scalability issues, and regulatory uncertainties persist. Balancing these advantages with environmental considerations and ensuring equitable access to benefits remains a focal point for stakeholders in the evolving landscape of blockchain-powered tourism.

In conclusion, Quantum Temple’s innovative approach heralds a new era in travel, where blockchain technology not only enhances experiences but also fosters sustainability and community empowerment. As the industry embraces these advancements, the potential for transformative change within the tourism sector is vast, promising a future where travel is not just a journey but a meaningful exploration of culture and heritage.

Source: cointrust.com

The post Blockchain Transforming Travel: Quantum Temple’s Innovative Venture appeared first on HIPTHER Alerts.

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Fields of AI and Blockchain Celebrated in Dubai at Global AI Show and Global Blockchain Show

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A wide range of themes will be discussed at both conferences. At the Global AI Show, attendees will get a glimpse into an AI-powered future. Keynote speeches on sectors such as healthcare, finance, retail, oil and gas will show the new possibilities as a result of AI. Evolution of the digital ecosystem, data protection, blockchain in finance, gaming, metaverse and NFTs are some of the topics that will be discussed at the Global Blockchain Show.

The Global AI Show
Jamie Metzl, a technology and healthcare futurist, will be navigating the implications of AI, genetics, and biotechnology revolutions. Attendees can get their copies of Hacking Darwin: Genetic Engineering and the Future of Humanity signed. They also get exclusive insights from Metzl’s new book – Superconvergence: How the Genetics, Biotech, and AI Revolutions Will Transform our Lives, Work, and World.

Dr. Divya Chander, a neuroscientist and medical futurist, will take attendees on a journey from brain reading to brain writing to closed-loop brain machine interface systems. Another prominent speaker at the Global AI Show is H.E. Dr. Mohamed Al Kuwaiti, head of cyber security at United Arab Emirates Government, who will present a keynote on a future with AI.

The Global Blockchain Show
The Global Blockchain Show will showcase the dynamic landscape of blockchain technology. Among the distinguished speakers, H.E. Justin Sun, the founder of TRON and member of the HTX Global advisory board, will take centre stage.

Additionally, the event will feature a fireside chat with Lennix Lai, chief commercial officer of OKX, who will encompass the yin and yang of crypto trading. Dominic Williams, founder and chief scientist of DFINITY Foundation, will discuss the decentralised cloud vision of the DFINITY blockchain.

Capturing the potential of AI and blockchain
Furthermore, the Global AI Show and the Global Blockchain Show’s official ambassador will be an AI humanoid robot, Sophia. Sophia is a prime example of the wonders of artificial intelligence and robotics, converging technology with humanity.

The Global AI Show and the Global Blockchain Show will feature a start-up village. There, start-ups and scale-ups can pitch their ideas, technology and creations to investors, venture capitalists and big tech.

A VAP Accelerator will also be launched as an incubator for ambitious start-ups. Meanwhile, a community stage at the Global Blockchain Show and the Global AI Show will be set up to focus on fostering inclusivity, collaboration, and engagement within the blockchain and AI community.

Recognising and celebrating excellence and growth
Furthermore, an official awards ceremony will take place on April 17 at the Grand Hyatt, Dubai. The Global AI Awards and the Global Blockchain Awards will reward excellence and innovation in their respective fields.

Lastly, The Global AI Show and the Global Blockchain Show will finish with an afterparty at the White Beach at Atlantis, The Palm. Hosted by VAP Group, the afterparty provides a platform for industry experts and enthusiasts to mingle. They can exchange ideas, build valuable connections, explore potential collaborations, and unwind in a relaxed atmosphere.

Source: thefintechtimes.com

The post Fields of AI and Blockchain Celebrated in Dubai at Global AI Show and Global Blockchain Show appeared first on HIPTHER Alerts.

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