Blockchain
GlobalBlock Announces Appointment of Chief Financial Officer and Corporate Secretary
London, United Kingdom and Vancouver, British Columbia–(Newsfile Corp. – July 4, 2023) – GlobalBlock Digital Asset Trading Limited (TSXV: BLOK) (OTC Pink: BLVDF) (FSE: BD4) (the “Company“) announces that Jim O’Neill has been appointed Chief Financial Officer of the Company and Gordon Chmilar has been appointed Corporate Secretary of the Company.
As the Company works towards closing of its previously announced sale of its digital asset broker business (the “Disposition Transaction“) (see the Company’s March 23 and May 17, 2023 press releases), having a Canadian based Chief Financial Officer with the public company experience that Mr. O’Neill has, will be a benefit to the Company in identifying and acquiring a new business after the Disposition Transaction has been completed.
The Board of Directors of the Company thanks outgoing Chief Financial Officer, Mr. Samad Wali for his hard work and dedication to the Company and wish him well in his future pursuits.
Mr. O’Neill has over 30 years’ experience as a finance executive with multi-national businesses operating in Canada, USA, the UK, Turkey and Kenya. Jim’s extensive public company financial management and governance experience includes junior mining exploration, development and operations, in addition to project management, manufacturing and distribution businesses.
Mr. Chmilar is a corporate lawyer with 20 years of experience and is the founder of Modern Finance Law in Calgary, Alberta. Mr. Chmilar frequently represents issuers, underwriters, and investors in public and private securities offerings, and has gained extensive experience in international mining, technology, and oil & gas related financings and transactions and joint ventures. Mr. Chmilar holds a law degree from the University of Calgary and a Bachelor of Commerce degree from the University of Alberta.
ABOUT THE COMPANY
GlobalBlock Digital Asset Trading Limited is a publicly traded holding company (TSXV: BLOK) whose wholly owned operating subsidiary, GlobalBlock Europe, UAB, is a European Union based digital asset broker that provides a personalised telephone brokerage service, trading platform and mobile app. Following completion of the Disposition Transaction, the Company will not have any operating business. Accordingly, the Company will need to identify and, if successful, acquire or combine with a new business.
For further information please contact the Company at:
Stuart Olley, Director
Telephone: (403) 618-4900
Email: [email protected]
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
Certain information set out in this news release constitutes forward-looking statements or information. Forward looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “intend”, “could”, “might”, “should”, “believe” and similar expressions. In particular, this news release contains forward-looking statements in respect of among other things: the proposed timing for completion of the Disposition Transaction; the ability of the Company to complete the Disposition Transaction; and the ability of the Company to successfully identify and complete the acquisition of or combination with a new business. Forward-looking statements are based upon the opinions and expectations of management of the Company as at the effective date of such statements and, in certain cases, information provided or disseminated by third parties. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, and that information obtained from third party sources is reliable, they can give no assurance that those expectations will prove to have been correct. Readers are cautioned not to place undue reliance on forward-looking statements included in this document, as there can be no assurance that the plans, intentions or expectations upon which the forward-looking statements are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause actual results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, risk factors set forth in the Company’s most recent management’s discussion and analysis, a copy of which is filed on SEDAR at www.sedar.com, and readers are cautioned that the risk factors disclosed therein should not be construed as exhaustive. These statements are made as at the date hereof and unless otherwise required by law, the Company does not intend, or assume any obligation, to update these forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture 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/172316
Earn Alliance, the largest web3 game aggregator and discovery platform leading the future frontier of gaming, announces a strategic partnership with MetaLend, a leading crypto trading platform for web3 gaming assets. This collaboration introduces an innovative airdrop initiative designed to enhance asset management and trading within the gaming community.
MetaLend, renowned as the only staking platform for ronin assets on the Ronin chain, has integrated its robust technology with Earn Alliance’s expansive global ecosystem, giving them access to a highly-engaged community of today’s biggest gamers. This partnership will also enable Earn Alliance users to stake ronin game tokens and assets directly on the platform, leveraging MetaLend’s advanced tech and infrastructure.
Joseph “Coop” Cooper, CEO & Founder of Earn Alliance, emphasizes the strategic importance of the partnership: “MetaLend is not just a platform; it’s a pivotal part of the Ronin ecosystem and beyond. It simplifies swaps and lending. Our collaboration will reduce the friction for adopting game NFTs and enhance our upcoming NFT marketplace aggregator.”
Sudjeev Singh, Co-Founder of MetaLend, explains, “More and more games building on the blockchain means a new class of investor is emerging – gamers! Unlike other platforms, MetaLend is dedicated to these users. We showcase gameplay, graphics, and explain how tokens integrate within a game’s economy. Our collaboration with Earn Alliance has already attracted gamers holding over $135M in gaming assets.”
Earn Alliance leverages its established and growing ecosystem to offer a gamified engagement-as-a-service platform, which rewards users for their gaming activities. With a mission to inspire and empower gamers, Earn Alliance has grown rapidly, now boasting over 650,000 highly engaged gamers. The platform recently facilitated an airdrop where the community claimed over 40M tokens and logged over 1B hours of gameplay across Epic and Steam.
As part of the partnership, MetaLend will be working with Earn Alliance on a mission for a chance to win $5,000 in USDC from May 8-15. In addition to expanding both MetaLend and Earn Alliance’s reach, functionality and community benefits, this collaboration enhances possibilities for gaming-oriented crypto audiences looking for new experiences, creating a simple bridge for the future intersection of tech and gaming.
The post Earn Alliance Partners with MetaLend to Revolutionize Web3 Gaming Asset Management appeared first on HIPTHER Alerts.
Blockchain
First-Ever Creator Token Skyrockets to 100x – $DON, Launched by XCAD Network on Gate.io and MEXC, Delivers Stellar Performance on Day One
XCAD Network, a leading Watch2Earn tokenisation platform for YouTubers, has achieved significant success with its first-ever full product creator token $DON, in collaboration with Donato Muñoz (TheDonato), a popular YouTube star with 40M+ subscribers and 7B views recognised for exciting content about video games. Since its launch on the 8th of May, the new creator token has soared to a 100x all-time high, now sitting at 43x at US$0.043, achieved a 24-hour trading volume of US$2.7 million, and attained an FDV of US$43 million, successfully redefining creator tokenisation and providing fans with unmatched access and rewards.
The new $DON token, launched and specifically tailored to meet the unique interests of TheDonato’s fanbase, features an array of exclusive benefits and engagement opportunities that capitalise on the growth of the creator economy. In anticipation of these perks, which include product rewards, exclusive raffle participation, and a significant role in influencing TheDonato’s content creation journey, the launch was live-streamed to the YouTuber’s 40M+ subscribers who have shown substantial enthusiasm by delving into purchasing the new creator token to enjoy these unique advantages.
Oliver Bell, CEO and Co-Founder of XCAD Network, expressed his excitement about the success of the new creator token launch: “Watching TheDonato’s fanbase rally behind the launch of the $DON token is incredibly affirming. It is a clear indication that our platform’s commitment to empowering content creators and engaging fans through innovative blockchain technology is resonating. This launch not only celebrates the success of TheDonato but also exemplifies our vision of transforming fan engagement into tangible rewards and opportunities. The imminent next steps involve launching the $DON token and integrating it into the XCAD app. This will enable fans to acquire and utilise the token to connect with Donato.”
Donato Muñoz (TheDonato) added: “The response from my fanbase to the $DON token has been overwhelmingly positive, marking a significant milestone early in its rollout. Their support is crucial to my growth as a content creator and illustrates the power of including fans directly in the content creation process. The launch was live-streamed to my fans, and it was an awesome event. We are just beginning this exciting journey together, and I am eager to explore how this collaborative approach will evolve, making content creation a more interactive and rewarding experience for every loyal supporter.”
Having onboarded YouTubers with over 800 million subscribers combined, XCAD Network is on a mission to bridge the gap between creators and their fans, while creating competitive advantages and additional monetary avenues for creators. The $DON token marks a crucial step in this journey by pushing TheDonato’s fanbase beyond the traditional boundaries of fan-creator interactions, developing a mutually rewarding relationship.
The post First-Ever Creator Token Skyrockets to 100x – $DON, Launched by XCAD Network on Gate.io and MEXC, Delivers Stellar Performance on Day One appeared first on HIPTHER Alerts.
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