Vancouver, British Columbia— Newsfile Corp. The initial streaming agreements, once funded, will augment the economist blockchain technology corp bitcoin production and provide for the delivery over 5 years of:. This strategy also allows Coinstream to scale aggressively with multiple teams in multiple geographies, reducing risk the economist blockchain technology corp.
The response and inflow of interest in this form of capital has been tremendous. The Company expects this to be the first in a series of streams that its subsidiary Global Blockchain Mining will conclude and encourages other miners globally to reach out at the email address provided below.
With the streaming model, there is now a readily calculable value for our contracts which can be easily modelled at various prices for bitcoin. This the economist blockchain technology corp company creates a unique platform through which these opportunities can be pursued in a manner that allows counterparties to maintain control of their operations, formulate their own strategies, and fortify their own positions as members of this important emerging area.
It facilitates a lower-cost, less dilutive source of strategic growth capital for them. For Global Blockchain, the Company is able to access effectively wholesale supply of cryptocurrency from diversified operators and operations and help to create and foster a mutually beneficial way to support our partners as well as industry growth.
As such the Company is investigating and intends to pursue an arrangement agreement with its newly created, wholly owned subsidiary, Global Blockchain Mining Corp. Through the arrangement, the Company intends to list Global Blockchain Mining Corp, along with all of its mining streaming interests, as a publicly listed Canadian entity.
Global Blockchain Mining aims to build shareholder value by offering investors cost predictability at a high margin, direct leverage to increasing cryptocurrency prices, additional growth through the accretive acquisition of new streams, and a high-quality, diversified operational base.
Global Blockchain Mining represents the next generation of crypto miners. The completion of the arrangement and the listing of Global Blockchain Mining will be subject to regulatory approval of this transaction, the approval of shareholders, the Supreme Court of British Columbia, and the TSX Venture Exchange. Michael the economist blockchain technology corp in digital and online marketing and systems. Roman is responsible for automation, system and energy efficiencies, and scalability for crypto-mining operations.
Leading business and investment professional in Real Estate, Algorithmic and Quant Trading, emerging industries, and is an active investor and advisor to startups. Igal is fluent in English, Hebrew, and Russian. Igal is focused on blockchain market research and insights, securing vendor contracts, and building industry partnerships. Microsoft Certified Solutions Expert with over 13 years-experience in high level technical support, system analysis, system administration, and data center design for large-scale data centers for international organizations, from concept to user implementation.
Sharon is fluent in English, Hebrew, and Spanish. Sharon the economist blockchain technology corp responsible for the physical set-up, implementation, and monitoring of the crypto-mining hardware and systems support.
Closing of the transaction remains subject to all requisite approvals including TSX Venture Exchange approval. For more information on the streaming partnerships available through Global The economist blockchain technology corp Mining Corp. For more information about Global Blockchain Technologies Corp. Global Blockchain Technologies Corp.
GBT is focused on 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.
Forward-looking information includes, but is not limited to the likelihood of the transaction closing as detailed in this news release or at all, the proposed use of proceeds and the expected closing date of the Offering. 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 economist blockchain technology corp Company believes to be reasonable at the time such statements are made, including but not limited to: Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level the economist blockchain technology corp 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: 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. Investors are cautioned against attributing undue certainty to forward-looking statements. The initial streaming agreements, once funded, will augment current bitcoin production and provide for the delivery over 5 years of: In the instance where the network hashrate rises above certain pre-determined levels for a sustained period the economist blockchain technology corp time, the fixed cost payment would be adjusted upward.
In return for these streams, Coinstream will: Team The Coinstream team consists of the following individuals: Business Development Leading business and investment professional in Real Estate, Algorithmic and Quant Trading, emerging industries, and is an active investor and advisor to startups. About Global Blockchain Technologies Corp.
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