Blockchain
Graph Blockchain Operations Update
Toronto, Ontario–(Newsfile Corp. – April 20, 2022) – Graph Blockchain Inc. (CSE: GBLC) (OTC Pink: REGRF) (FSE: RT5A) (“Graph” or the “Company“) is pleased to announce recent operational updates for the Company and its wholly-owned subsidiaries, New World, Coin Analyser and Niftable.
Progress Highlights
- Graph Blockchain has applied to the exchange for permission to launch a share buyback program. Management believes the stock is significantly undervalued. We are hoping to obtain approval shortly.
- The New World team has been working closely with Ronaldinho in Toronto to collaborate on a joint non-fungible token (NFT). This NFT will be expected to officially launch in July with additional launches planned in June once the platform has been revamped. New World is working on many other exciting initiatives which the Company plans to provide more information on in the next coming months.
- We continue to work on the spin out of Coin Analyser and expect to file our application once the audited financial statements are completed. These will be ready at the same time as GBLC files its annual audited financials. The development team continues to work on the AI predictive model with iterations being updated. We anticipate having a preliminary model over the near term and potentially starting to trade some potential cryptocurrencies based on the initial signals.
- Following the successful launch of the One Body Village (OBV) NFT, Niftable is working closely with OBV on collaborating on some preliminary artwork that will be minted into NFTs for sale. We are targeting to launch OBV’s next NFTs over the next few weeks. Furthermore, Niftable has been active in speaking with several other charities about the NFT opportunities. Niftable is participating in the CAGP National Conference on Strategic Philanthropy in June, which is expected to gain significant exposure for Niftable.
“We are very excited with the progress we are making and look forward to updating our shareholders as we continue to work on these and other exciting opportunities,” said Paul Haber, CEO of the Company.
About Graph Blockchain
Graph Blockchain provides shareholders with exposure to various areas of Decentralized Finance (DeFi). Focusing on altcoins through its wholly owned subsidiaries Babbage Mining Corp., a Proof of Stake (“POS”) miner, and Beyond the Moon Inc. an IDO focused company, Graph gives investors exposure to the vast emerging market of cryptocurrencies with the significant technological disruption and potential gains altcoins represent. In addition, through its investment in New World, Graph is providing its shareholders with exposure to rapidly growing and emerging NFT market. Additional information on the Company is available at www.graphblockchain.com.
About New World Inc.
New World is an augmented reality art focused NFT company that allows creators, musicians, and celebrities to have access to an NFT distribution canvas to create and sell digital art. By selling digital art, artists can reach a broader market (both geographically and demographically), and as a result of the blockchain, continue to benefit financially through economic participation in future sales. New World has built this platform and has already signed such notable artists as Diogo Snow, who has produced numerous pieces for celebrity clients including Drake, and Fetty Wap, an American rapper, singer and songwriter who has over 6.5 million Instagram followers, as well as many others. For additional information on New World: http://newworldinc.io.
For further information, please contact:
Investor Relations & Communications
Michael Vasile
michaelvasile@newworldinc.io
Paul Haber, CEO
416-318-6501
Forward-Looking Statements
This news release contains “forward-looking statements” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements.
Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. The forward-looking information and forward- looking statements contained herein include, but are not limited to, statements regarding: the continued growth of the art-focused NFT market. Forward-looking information in this news release are based on certain assumptions and expected future events. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the potential inability of the Company to continue as a going concern; the potential inability of New World to continue as a going concern; the risks associated with the blockchain and NFT industry in general; increased competition in the art-focused NFT market; the potential future unviability of the NFT market in general, and the art-focused NFT market in specific. Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions, or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.
Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect the Company’s expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
The CSE does not accept responsibility for the adequacy or accuracy of this release.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
###
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/120739
Blockchain
MiCA Starts Now: What Crypto Businesses Need to Know. Kyrrex and Simplify Labs announce a new webinar for crypto businesses
With the Markets in Crypto-Assets (MiCA) regulation now live, the European crypto landscape is undergoing significant changes. Businesses across the crypto ecosystem must adapt quickly to remain compliant and competitive. To address this crucial transition, join two leading industry experts for an in-depth webinar designed to decode MiCA and provide actionable insights for crypto businesses.
The webinar will take place online on January 28, 2025, at 5:00 PM Central European Time and requires prior registration.
This webinar will feature Kevin Plumpton, CEO of Kyrrex, and Vadim Rozov, CEO of Simplify Labs, who will share their expertise on MiCA compliance strategies, sublicensing opportunities, and the regulation’s broader implications for innovation and competition in the European crypto market.
Agenda Highlights:
Understanding MiCA: Key objectives, compliance requirements, and impact on the crypto industry.
MiCA-Ready Solutions: How Simplify Labs helps businesses stay compliant
Case Study: Kyrrex’s journey to MiCA compliance and opportunities for sublicensing.
Fireside Chat: Exploring MiCA’s impact on innovation and competition.
Q&A Session: Open discussion with the audience.
“MiCA is not just another regulatory hurdle; it’s a framework that will shape the future of the European crypto industry. Our goal is to help businesses turn compliance into a competitive advantage through innovative solutions.”, commented Vadim Rozov, CEO at Simplify Labs.
“MiCA is a turning point for the crypto industry in Europe. It sets the stage for greater transparency and trust, but navigating these regulations can be complex. This webinar is an opportunity to learn from our experience and prepare for what’s next.”, added Kevin Plumpton, CEO at Kyrrex.
This 60-minute session will provide crypto businesses — exchanges, wallet providers, fintech startups, and others — with the tools they need to thrive in this new era of regulation.
The post MiCA Starts Now: What Crypto Businesses Need to Know. Kyrrex and Simplify Labs announce a new webinar for crypto businesses appeared first on News, Events, Advertising Options.
Blockchain
WAGMI Releases Agenda for the Blockchain Community’s Top Innovation Conference
Blockchain
When Bitcoin will be worthless!
We live interesting times:
- Where block chain technology tries to overtake real fiat economy;
- Where banks diversify their portfolio including cryptocurrencies and tokens;
- Where average people like you and me are starting to invest their hard-earned cash into crypto to save their money from inflation and a much-expected dream to get rich or at least earn more from crypto than simple bank deposits have to offer on short or long term.
However, what about BITCOIN? Why do some people, including myself think that although Bitcoin has an enormous price and popularity, and most of the time is regarded as digital gold, it could be basically worthless?
Yes, worthless!
At this point you will think: “this guy is crazy…! Bitcoin has the biggest market cap, it is the father of block chain technology, it is the best of the best of the best…and on top of that …IT IS THE FIRST OF IT`S KIND!”
Yes, everybody wants to own Bitcoin, and most of the time, anybody can buy a fraction of it, it does not matter how much….you or me or anybody can buy it. Therefore, we do. Big companies, investment funds, banks, countries and so on, do it as well.
And here lies the core of the Bitcoin`s problem.
There are altogether 21 million Bitcoin, 95% of which is already in circulation. No problems there. Many people hold different amounts of bitcoins, on exchanges, in private wallets, you name it and no problem there either.
Then why do I think Bitcoin will be worthless?
Well let me detail it to you.
Bitcoin price is dependent of demand and supply, which is the basic economic tendency for the last few hundred years, which is fine, the problem will be you and me.
Surprised?
Don`t be.
Why?
Let`s see why!
Since big companies are staking Bitcoin like there will be no tomorrow, hence driving the price even higher than it is today, less and less coins will be available for You and me.
You`ll probably say at this point….”Ahhh….c`mon….there is plenty out there, people always sell and buy, there is no way this will happen…”
When institutions are buying into something, they want monopoly on that asset to control supply, hence control price actions and profit from it, that is a normal thing, and everybody who is sane and has a little financial education, would do the same.
Now imagine, coin by coin, fraction by fraction, all the 21 million bitcoins ends up in institutions, in different forms, coins, ETF`s, securities or other financial assets, which are sold to the general public, of course with the promise of a good yearly return.
You`d still say at this point….”…This is a worthless article, this guy is crazy…”
Well I`d say, you are probably right, but since I wouldn’t buy Bitcoin at 500k USD, or 1 mil USD, so does other few million or maybe billion people on this planet, and because of crypto volatility I wouldn`t buy ETF`s or other financial products that have crypto in their package….well you`ll get the idea.
Now imagine all the owners holding altogether 21 million Bitcoins, which no one wants…well, you do the math how fast will the price of bitcoin crash and what will be the consequence of that crash, if not even the institutions that hold crypto will want to buy it from each other for the market price.
Reigniting Bitcoin interest will have to be done (and I presume that was exactly Satoshi`s purpose for creating bitcoin, start from 0 reach max value, reset, then start again), but usually anyone sane who get burned from the stove will not touch it again, so times will be hard on bitcoin.
At this point, You`ll say….”…Hmm…well…ahhh…maybe…. can this happen anytime soon? Or can it happen at all?”
The crypto world is dependent of you and me. Period! Without us, there is no crypto market.
Well dynasties, civilizations had fallen in time because of one thing and one thing only…..greed….
At this point…hmm. Is it even possible?
It is possible, because holding something that you cannot benefit of, and I mean you only benefit from Bitcoin if you sell it for cash, is “pure madness”.
Therefore, even if the crypto hype has kicked in, and everybody suddenly has become an “investor”, without a proper financial education, being inert to the risks taken by wondering in the forest of the crypto world, nothing is impossible at this point. In addition, at one given time, everyone will sell their fraction of bitcoin, which guess what; institutions will have the money to buy, regardless of the current market price…
Briefly, Bitcoin has no real world use, it is where it is, because it is the first of its kind, people still have the FOMO feeling towards it, but when this feeling is met with reason because it’s astronomic price, you and me will not be interested anymore… and the roller-coaster starts.
Well enjoy the ride…
This is not a financial advice; it`s based on many hours wondering in the crypto news labyrinth and reading other predictions, opinions and cautious messages, and is the opinion of the author. Crypto market is very volatile; therefore take cautious actions if you want to invest in it. Before investing, make your own research or seek financial advice.
The post When Bitcoin will be worthless! appeared first on News, Events, Advertising Options.
-
Blockchain7 days ago
Bybit Officially Launches Physical Card for Brazilian Users, Offering 2% Cashback and Exclusive Perks
-
Blockchain Press Releases4 days ago
HTX 2025 Outlook: Five Sectors to Look Forward to, and How Trump’s Policy Will Affect Crypto Industry
-
Blockchain Press Releases4 days ago
Market Eyes “Crypto President” Inauguration as BTC Tumbles at $100K: Bybit and Block Scholes Analysis
-
Blockchain Press Releases7 days ago
Bybit Joins AI Coin Revolution with AI16Z Listing
-
Blockchain7 days ago
Sologenic Appoints Michael McCluskey as CEO to Lead Innovation in Tokenization & DeFi
-
Blockchain6 days ago
Alpha Liquid Terminal Debuts First Dedicated Web3 Node on ChromeOS to Power AI Trading
-
Blockchain Press Releases6 days ago
Canaan Introduces Revolutionary Bitcoin Mining Heaters for Home and Personal Use in CES 2025
-
Blockchain Press Releases4 days ago
Vietnam’s Youth Rally Behind Blockchain: KuCoin Reveals Groundbreaking Insights at VTIS 2024