Token holders will get a share in the income generated from the tokenization of real estate property
Chicago, Illinois--(Newsfile Corp. - June 8, 2022) - Epazz Inc. (OTC Pink: EPAZ), a mission-critical provider of blockchain cryptocurrency mobile apps and cloud-based business software solutions, announced today that the CryObo Project in the UAE, which uses solar power technology to convert sunlight into Bitcoin, will be launching its token in the third quarter of 2022. The project allows token holders to share in the income generated from the Bitcoin mining operations.
The company is finalizing agreements and plans to launch the token in the third quarter. The benefit to shareholders is that the capital is being raised from the token and not through the issuance of new shares. The company expects to increase its revenue with this new venture and use the proceeds to acquire more companies and develop new products.
The Epazz CryObo technology will be using solar power for sustainable Bitcoin mining and NFT tokens for real estate tokenization. The company is creating a cooling technology to control the underground servers' temperature.
Shaun Passley, Ph.D., Epazz Inc.'s CEO and chairman, said, "We are working with experts who have successfully raised capital via tokens on this project."
https://www.newsfilecorp.com/release/126907