KODAKCoin along with the KODAKOne platform to have its own regulatory compliant community channel on ICOxConnect.com
VANCOUVER, British Columbia, Feb. 15, 2018 (GLOBE NEWSWIRE) — GLOBAL BLOCKCHAIN TECHNOLOGIES CORP. (CSE:BLOC) (CSE:BLOC.CN) (CSE:BLOC.CNX) (FSE:BWSP) (OTC:BLKCF) (“GBT” or the “Company”) is pleased to announce that KODAKOne (a product of WENN Digital) a fully- registered Initial Coin Offering (“ICO”) in which GBT is a lead investor, will host and manage its community development & activities from the ICOxConnect.com community platform. ICOx Connect.com is a product of ICOx Innovations, Inc. (“ICOx Innovations”).
ICOx Innovations is a Company that provides support for designers and builders of cryptoeconomies who may sell their tokens in compliance with applicable laws. These are commonly refered to as Initial Coin Offerings (ICOs). ICOx Innovations is pleased to announce that its first client token, KodakCoin will host and manage its community development and activities from the ICOxConnect.com community platform. KODAKCoin, a product of WENN Digtal was announced at the 2018 Consumer Electronic Show, ICOxConnect.com is the blockchain industry’s first compliance-driven tokenholder social and information platform for connecting tokenholders and participants to the executive management team of token issuing corporations.
ICOxConnect.com is the first, and, to date only community development platform that purposefully restricts its listings to ICOs that comply with applicable laws. The ICOxConnect.com platform aims to provide a forum for the communities that support coins that are in compliance with applicable laws.
Shidan Gouran, the President of GBT commented, “The KODAKCoin ICO continues on schedule and we are very excited that the KODAKOne community will have a secure and regulated platform in ICOxConnect.com upon which the community can ask questions and receive answers in accordance with the regulated ICO.”
Bruce Elliott, the President of ICOx Innovations said, “Leveraging the ICOx Innovations platform and our strategic, regulatory, operational, blockchain and cryptocurrency development services, we were able to help develop the KODAKCoin and have consulted to ensure that the ICO and ongoing operations of KodakCoin by WENN Digital are managed in a fair, transparent and regulatory compliant manner in compliance with applicable laws.”
Cameron Chell, the Chairman of ICOx Innovations said, “We have a number of additional large organizations looking to launch their crypto economies with operational insights from ICOx Innovations and knowing that ICOxConnect offers a community development channel that is in compliance with applicable laws has been a key differentiator in their choice to partner with ICOx Innovations.”
Utilizing blockchain technology, the KODAKOne platform creates an encrypted, digital ledger of rights ownership for photographic archives as well as for photographers to register both new and archive work that they can then license within the platform. With Kodak Coins, participating archives and photographers can take part in a new economy for photography, receive payment for licensing their work immediately upon sale, receive a share of overall platform revenue, and for both professional and amateur photographers, sell their work confidently on a secure blockchain platform.
For more information, please contact firstname.lastname@example.org
On behalf of the Company:
Shidan Gouran, President
About Global Blockchain Technologies Corp.
The Company provides investors access to a basket of direct and indirect holdings within the blockchain space, managed by a team of industry pioneers and early adopters of all major cryptocurrencies.
GBT is listed on the Canandian Securiteies Exchange (“CSE”) and its common shares trade under the ticker symbol “BLOC.” Additional information relating to GBT is available on SEDAR at www.sedar.com, the CSE at www.theCSE.com, as well as on the Company’s website at www.globalblockchain.io.
ICOxConnect is a compliance-driven tokenholder social and information platform driven to promote credibility and protect tokenholders, interested participants and corporate token issuers from the misinformation and malicious phishing schemes in today’s digital world. ICOxConnect provides a leading edge compliant driven social platform to allow corporate token issuers to credibly reach out to their tokenholder community in a compliant manner.
For additional information, please visit www.iconxconnect.com
About ICOx Innovations, Inc.
ICOx Innovations provides a platform for the design and creation of crypto economies that solve real-world problems with established organizations that can benefit and grow their businesses through the use of blockchain technology and crypto-currencies. The ICOx Innovations ICO platform is compliance driven and combines rigorous strategic planning, capital structure, technical integration and token-economics model development designed to create sustainable economies for its ICO clients.
For additional information, please visit www.icoxinnovations.com
About WENN Digital
WENN Digital, in partnership with Kodak, is the creator of the KODAKOne platform and the KODAKCoin cryptocurrency. WENN Digital is an experienced development and operations team with deep expertise in proprietary blockchain development, big data, copyright laws, AI-enabled image recognition and post licensing monetization systems. WENN Digital has a strategic relationship with the Deloitte Analytics Institute in Berlin and the Deloitte Blockchain Institute in Munich. Further, WENN Digital leverages the market position of its 30-year old subsidiary WENN Media, which works with approximately 2,500 professional photographers. WENN Digital’s live operational copyright infringement management system is delivering revenues to photographers worldwide today and will form Phase 1 of the KODAKOne platform.
For additional information, please visit www.kodakcoin.com
Cautionary Note Regarding Forward-Looking Information
This news release contains “forward-looking information” within the meaning of applicable securities laws. Generally, any statements that are not historical facts may contain forward-looking information, and forward-looking information 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 indicates that certain actions, events or results “may”, “could”, “would”, “might” or “will be” taken, “occur” or “be achieved”. Forward-looking information includes, but is not limited to the Company’s goal of streamlining the current arduous, lengthy and complicated process that interested investors need to undergo in order to gain exposure to the cryptocurrency space with a view to becoming the first vertically integrated originator and manager of top-tier blockchains and digital currencies. The Company has no assets and its business plan is purely conceptual in nature and there is no assurance that it will be implemented as set out herein, or at all. Forward-looking information is based on certain factors and assumptions the Company believes to be reasonable at the time such statements are made, including but not limited to: statements and expectations regarding the ability of the Company to (i) successfully engage senior management with appropriate industry experience and expertise, (ii) gain access to and acquire a basket of cryptocurrency assets and pre-ICO and ICO financings on favourable terms or at all, (iii) successfully create its own tokens and ICO’s, and (iv) execute on future M&A opportunities in the cryptocurrency space; receipt of required regulatory approvals; the availability of necessary financing; permitting and such other assumptions and factors as set out herein. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: risks related to changes in cryptocurrency prices; the estimation of personnel and operating costs; general global markets and economic conditions; risks associated with uninsurable risks; risks associated with currency fluctuations; competition faced in securing experienced personnel with appropriate industry experience and expertise; risks associated with changes in the financial auditing and corporate governance standards applicable to cryptocurrencies and ICO’s; risks related to potential conflicts of interest; the reliance on key personnel; financing, capitalization and liquidity risks including the risk that the financing necessary to fund continued development of the Company’s business plan may not be available on satisfactory terms, or at all; the risk of potential dilution through the issuance of additional common shares of the Company; the risk of litigation. Although the Company has attempted to identify important factors that could cause actual results to differ materially from the forward-looking information set out in this presentation, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by laws. Investors are cautioned against attributing undue certainty to forward-looking statements.
Neither the 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.
Source: Global Blockchain Technologies Corp.