Blockchain
TSX Venture Exchange Stock Maintenance Bulletins
TSX Venture Exchange Inc. (the “Exchange”) has accepted for filing the amendment and restatement of the articles of Evermount Ventures Inc. (the “Company”) (renamed OOOOO Entertainment Commerce Limited) to create a new class of subordinate voting shares (the “Subordinate Voting Shares”), create a new class of multiple voting shares (the “Multiple Voting Shares”) and re-designate each outstanding common share of the Company as a Subordinate Voting Share. The aforementioned capital reorganization was completed in connection with the Company’s Qualifying Transaction, as further described below, and was approved by a special resolution of the shareholders of the Company on March 30, 2021. For further details, refer to the Company’s information circular dated March 3, 2021, which is available under its profile on SEDAR.
Qualifying Transaction-Completed/New Symbol
The Exchange has accepted for filing the Company’s arm’s length Qualifying Transaction (the “QT”) and related transactions, all as principally described in the Company’s filing statement dated March 10, 2021 (the “Filing Statement”). As a result, at the opening on Thursday, July 22, 2021, the Company will no longer be considered a Capital Pool Company. The QT includes the following matters, all of which have been accepted by the Exchange.
The Company has acquired all outstanding shares of Video Commerce Group Limited. (the “Target”) pursuant to a securities exchange agreement among the Company, the Target and the Target’s shareholders dated September 1, 2020, as amended, for aggregate consideration of 71,201,966 post-Consolidation (as defined below) shares of the Company, as further described below: (i) 35,108,195 Subordinate Voting Shares were issued to Target shareholders (except for Samuel Jones) in exchange for each ordinary share of the Target held by such shareholders; (ii) 17,332,771 Multiple Voting Shares were issued to Samuel Jones in exchange for each ordinary share of the Target held by Samuel Jones; and (iii) 18,761,000 Subordinate Voting Shares were issued to the subscribers under the Concurrent Financing (as defined below) completed by the Target. Samuel Jones is the sole holder of the Multiple Voting Shares and the issuance of the Multiple Voting Shares was approved by the shareholders of the Company on March 30, 2021.
In connection with the QT, the Target completed a non-brokered private placement for gross proceeds of $15,008,800 (the “Concurrent Financing”), pursuant to which 18,761,000 ordinary shares of the Target were ultimately issued at a price of $0.80 per share, each of which has been exchanged for one Subordinate Voting Share (post-Consolidation) in connection with the closing of the QT. Finders were paid total cash fees of $530,928 and were issued a total of 478,360 broker warrants (the “Broker Warrants”) in connection with the Concurrent Financing. Each one Broker Warrant is exercisable to acquire one Subordinate Voting Share (post-Consolidation) a period of one year from the closing of the QT at a price of $0.80 per Subordinate Voting Share.
An aggregate of 3,000,000 Subordinate Voting Shares (post-Consolidation) were issued to arm’s length finders (Wayne Lloyd and Pimlico Partners LLC) in connection with the QT.
The Exchange has been advised that closing of the QT occurred on July 19, 2021.
For further information, see the Filing Statement and the news releases of the Company dated July 19, 2021 and June 21, 2021, which are available under the Company’s profile on SEDAR.
Name Change and Consolidation
Pursuant to a resolution passed by the directors of the Company on December 31, 2020 and June 30, 2021, the Company has consolidated its capital on a two (2) old for one (1) new basis (the “Consolidation”). The name of the Company has also been changed as follows.
Effective at the opening on Thursday, July 22, 2021, the Subordinate Voting Shares of OOOOO Entertainment Commerce Limited will commence trading on TSX Venture Exchange, and the common shares of Evermount Ventures Inc. will be delisted. The Company is classified as a ‘Technology’ company.
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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