Blockchain
Epazz Reports 28% Increase in Revenue and 1,168% Increase in EBITDA for 2021, Fueled by the DeskFlex Desk Booking Software That Will Launch the Metaverse Virtual Office Later This Year
Chicago, Illinois–(Newsfile Corp. – April 7, 2022) – Epazz, Inc. (OTC Pink: EPAZ), a leading provider of cloud-based business software solutions, announced today that it reported revenues of $1.9 million for 2021 compared to $1.4 million for 2020. It also reported a positive EBITDA of $102,000, compared to an EBITDA of $8,083 for 2021, an increase of 1,168%. The DeskFlex desk booking software, which will be launching its Metaverse Virtual Office later this year, fueled the increase in revenue.
The company started making operational improvements in 2020, and the results started to appear in 2021. The company has been consolidating the services and operations of its subsidiaries for its Chicago operations, resulting in cost savings. The company is also reinvesting its savings back into product development, including for its DeskFlex Metaverse and CryObo NFT technologies. These products will help increase revenue for 2022.
The global pandemic caused the demand for the DeskFlex desk booking software to skyrocket as small to large organizations rushed to implement hybrid work arrangements. However, the shift to remote work comes with reduced social interaction, leading to some employees feeling disconnected and isolated. As the pandemic endures, remote and hybrid work environments are expected to stay.
DeskFlex is developing a Metaverse Office to allow remote employees to work, collaborate, meet, and hold discussions in real time with other office employees. By logging into the DeskFlex Metaverse Office and wearing a virtual reality (VR) headset, remote workers can enter into a visual representation of their office and interact with their co-workers who are working from home as if they were there in person.
The key is the equipment. Current VR headsets are too expensive to be provided to every employee. Epazz is developing a VR Smart Glasses technology for under $100.00 so that every worker can enter into the Metaverse. Epazz’s low-cost VR headset solution will allow team members to experience a complete sensory involvement in VR and augmented reality office meetings or conferences. Epazz will use multiple webcams to create a 3D avatar of each colleague, and real-time conversations and interactions will be made possible through the lightweight VR headset.
“We are increasing our revenues and decreasing our costs, thereby creating a positive EBIDTA,” says Shaun Passley, PhD, CEO of Epazz, Inc.
About Epazz, Inc.
Epazz, Inc. is a mission-critical provider of Metaverse solutions, blockchain cryptocurrency mobile apps, and cloud-based software. It is a company that specializes in providing customized cloud applications to corporate firms, higher-education institutions, and the public sector. Epazz is developing Metaverse business solutions that enable people to collaborate in real time through VR. Epazz is upgrading its business solutions to be fully integrated into the Metaverse. Epazz will be manufacturing low-cost smart glasses for Metaverse.
Safe Harbor
Certain statements contained in this press release are “forward-looking statements,” as defined by the “Safe Harbor” statement in the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by their use of forward-looking terms such as “may,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” and “continue” (or the negative variations thereof). Such forward-looking statements are subject to risk, uncertainties, and other factors that could cause actual results to differ materially from those the statements imply. Investors are cautioned that any forward-looking statements are not guarantees of future performance, and that actual results may differ materially from those such forward-looking statements contemplate. Epazz assumes no obligation, does not intend to update these forward-looking statements, and has no duty to update or correct information that third parties not paid for by Epazz prepare.
Investors are encouraged to review Epazz’s public filings on SEC.gov, including its unaudited and audited financial statements, its registration statement, Form 10-Ks, and Form 10-Qs, which contain general business information about the company’s operations, operations results, and the risks associated with the company and its operations. Penny stock picks need to be researched. Do your homework. Please review all our filings.
For more information, please contact the following:
Epazz Inc.
Investor Relations
[email protected]
(312) 955-8161
www.epazz.com/investors.aspx
Blockchain
Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation
Blockchain’s metamorphosis from niche ledger technology to the backbone of Web3 has never been more evident. Today, we cover five stories that illustrate the evolving ecosystem: a gaming platform issuing its own token on Solana; Europe’s marquee Web3 summit; a major bank forecasting a “ChatGPT moment” for blockchain; a Southeast Asian conference aimed at busting crypto myths; and a foundation rebuilding blockchain from the ground up to solve scalability. Each development—whether product launch, industry gathering, macro forecast, educational initiative, or infrastructure innovation—offers a window into the trends shaping decentralized finance, NFTs, DeFi, and beyond.
1. BitNile.com to Launch Nile Coin on Solana
News Summary
Hyperscale Data’s subsidiary BitNile.com will introduce the Nile Coin on Solana starting May 1, 2025. The U.S.–based social gaming site chose Solana for its high throughput and low fees, aiming to enhance in-game economies, reward engagement, and deliver seamless micro-transactions. Details on tokenomics and governance are forthcoming, but management touts Nile Coin as a cornerstone of future gaming experiences.
Source: CoinTrus
Analysis & Commentary
Launching a proprietary token underscores two converging trends: the gamification of finance and finance-ification of gaming. By minting Nile Coin, BitNile.com taps into DeFi mechanics—staking, liquidity pools, NFT rewards—while leveraging Solana’s scalability. Strategically, BitNile.com positions itself for partnerships with NFT marketplaces and DeFi protocols, potentially opening secondary markets for in-game assets and generating new revenue streams beyond ad sales or subscription fees.
2. Dutch Blockchain Week 2025 Gears Up in Amsterdam
News Summary
From May 19–25, Amsterdam will host the sixth annual Dutch Blockchain Week, culminating in the two-day summit (May 21–22) at De Meervaart. Tier 1 exchanges (Bitvavo, Kraken, Coinbase), Web3 pioneers (WOW.ai, Blockrise), regulators (European Commission, De Nederlandsche Bank), and industry partners (Mastercard, Deloitte) will convene. Side events range from AI-powered hackathons tackling compliance to padel networking meetups—underscoring the event’s blend of technology, policy, and community.
Source: Dutch Blockchain Week
Analysis & Commentary
Dutch Blockchain Week typifies the maturation of blockchain conferences into multidisciplinary forums. Beyond token talk and yield farming, panels on regulation, institutional adoption, and security reflect Web3’s integration into mainstream finance. Anticipate announcements on CBDC pilots, DeFi compliance frameworks, and cross-chain interoperability projects that may emerge from the Block & Order Hackathon.
3. Citigroup Predicts Blockchain’s “ChatGPT Moment”
News Summary
In an April 23 report, Citigroup analysts argue that 2025 could be blockchain’s “ChatGPT moment,” driven by regulatory clarity around stablecoins and integration with traditional financial systems. They forecast stablecoin market capitalization ballooning to $1.6 trillion (base case) or as much as $3.7 trillion (bull case) by 2030—anchored by dollar-denominated issuers and collateralized with U.S. Treasuries. Regulatory frameworks like the GENIUS Act could catalyze adoption among banks and fintechs.
Source: Cointelegraph
Analysis & Commentary
Drawing parallels to generative AI’s explosive growth, Citigroup envisions a tipping point where blockchain moves from experimental to essential infrastructure. Successful integration will hinge on robust compliance tools, auditability, and clear governance models. Enterprise blockchain vendors should prepare for surging demand in tokenized payments, on-chain settlements, and embedded DeFi rails within legacy systems.
4. Philippine Blockchain Week 2025 Debunks Crypto Myths
News Summary
Scheduled for June 10–11 at SMX Convention Center Manila, Philippine Blockchain Week (PBW) 2025 will tackle misinformation and spotlight real-world use cases. Highlights include “Crypto, Unpacked” sessions demystifying the technology; “Smart Regulation” panels uniting policymakers and innovators; and “Blockchain for Impact” showcases on remittances, disaster relief, and digital identity. Founding President Donald Lim emphasizes government support and public–private collaboration to spur inclusive growth.
Source: UseTheBitcoin
Analysis & Commentary
PBW exemplifies how emerging markets leverage education to accelerate Web3 adoption responsibly. By engaging regulators early, PBW can shape balanced frameworks that encourage innovation while protecting consumers—an instructive model for markets wrestling with both hype and skepticism.
5. D.O.G.E Foundation Launches New Blockchain, Opens Seed Round
News Summary
The D.O.G.E Foundation announced a ground-up blockchain rebuild designed to solve the scalability and reliability challenges plaguing existing networks. This modular architecture separates validation from execution to enable parallel transaction processing—targeting real-time gaming, DeFi under high load, and AI-driven applications. A seed funding round is now open to investors who share the vision of a performant, decentralized infrastructure.
Source: D.O.G.E Altcoin GlobeNewswire
Analysis & Commentary
As layer-1 congestion and high gas fees persist, new entrants must justify a “why now” with clear architectural advantages. If the D.O.G.E blockchain delivers real-world throughput and maintains decentralization, it could spur a renaissance of high-performance DeFi protocols and NFT platforms hungry for cost-effective base layers.
Conclusion & Key Takeaways
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Tokenization of Entertainment: BitNile’s Nile Coin on Solana highlights blockchain’s expansion into gaming economies and NFT reward systems.
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Convergence of Tech, Policy & Community: Dutch Blockchain Week showcases Web3’s evolution into an ecosystem engaging regulators, enterprises, and developers under one roof.
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Mainstream Inflection Point: Citigroup’s “ChatGPT moment” thesis suggests blockchain is poised for exponential adoption given regulatory support.
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Education as Catalyst: Philippine Blockchain Week’s myth-busting curriculum underscores the importance of public–private dialogue in emerging markets.
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Infrastructure Innovation: The D.O.G.E Foundation’s modular, high-throughput chain exemplifies the next wave of layer-1 networks addressing real-time, real-world use cases.
Today’s stories convey that blockchain’s next chapter will be written through strategic token launches, global convenings, regulatory clarity, educational outreach, and radical infrastructure redesign. By tracking these threads, industry participants can anticipate opportunities in DeFi, NFTs, Web3 games, and enterprise integration. Stay tuned for tomorrow’s Blocks & Headlines, where we’ll continue to decode the innovations shaping decentralized finance.
The post Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation appeared first on News, Events, Advertising Options.
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