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BlockchainK2 Corp. V.BITK

Alternate Symbol(s):  BIDCF

BlockchainK2 Corp. is a Canada-based holding company. The Company is focused on investing in the blockchain technology solutions for capital markets and other sectors. The Company’s portfolio companies include Amplify Games Inc. (Amplify), iRecover Inc. (iRecover), Real Blocks (Envexergy) and Standard Power. The Amplify Games Inc. offers a gaming technology platform that allows the digital game distribution and promotion. The platform uses blockchain technology to change the current studio, publisher, and influencer paradigm. The IRecover Inc. offers an online substance abuse education and support for middle, high school, and college students. The Real Blocks is a technology platform for private equity, private credit and real estate that provides tokenized secondary trading of LP interests. Standard Power provides Digital Infrastructure as a Service to advanced data processing companies such as those focusing on blockchain mining and performance computing applications.


TSXV:BITK - Post by User

Comment by Stockhousemoneyon Mar 01, 2021 5:20am
69 Views
Post# 32683472

RE:Last 2 weeks

RE:Last 2 weeks BLOCKCHAINK2 CORP. ANNOUNCES LAUNCH OF AMPLIFY GAMES AND PROVIDES CORPORATE UPDATE Vancouver, British Columbia--(Newsfile Corp. - March 1, 2021) - BlockchainK2 Corp. (TSXV: BITK) (OTCQB: BIDCF) (FSE: KRL2) ("BlockchainK2" or the "Company") is pleased to announce the launch of Amplify Games Inc. ("Amplify Games"). Amplify Games utilizes blockchain technology to create a decentralized distribution network for digital games. This will encourage game development outside of the current monopolistic console and game publishing industries. The technology platform of Amplify Games will restore trust between game developers and distributors by recording sales on a blockchain. Amplify Games will also shift the definition of a successful game away from revenue and toward in-game currency value or tokenization, thereby refocusing game development efforts to benefit players. Amplify Games connects game studios, influencers/streamers and game communities together to enable a game from any studio to maximize its exposure. Games such as "Among Us" were amazing and creative games that initially had little traction and only became popular by chance. Amplify Games' platform and network is specifically designed to elevate digital games allowing them to maximize exposure and to reach potentially millions of gamers who can then access, buy and play those games. With Amplify Games, a game would no longer need to be promoted by a mega-publisher in order to become a success. Its technology together with a network of influencers and game communities can bring the power back to the "little guy" to allow them to do what they love - design great games. "Investor interest in video gaming is strong and, as a publicly listed company, BlockchainK2 can offer traditional investors a way to participate in gaming and the blockchain space. The network effect of an interconnected market is the thing that really drives long term retention and exponential growth," said Sergei Stetsenko, CEO of BlockchainK2. BlockchainK2 is also pleased to announce the appointment of Tony Caputo as Chief Executive Officer and President of Amplify Games Inc., the Company's wholly-owned U.S. subsidiary. Mr. Caputo has deep connections with decades of experience in the gaming industry along with strong technical and leadership skills in the blockchain technology space. As part of its leadership team, Mr. Caputo will spearhead the development of Amplify Games. Mr. Caputo's employment agreement provides for a signing bonus of 60,000 shares of BlockchainK2, subject to the approval of the TSX Venture Exchange. BlockchainK2 has also retained the services of HE Capital (the "Consultant") to provide brand awareness and digital marketing services to the Company. The Consultant has been paid consideration of $25,000 for a three-month contract. The Company and the Consultant maintain an arm's length relationship, and the Consultant does not have any interest, directly or indirectly, in the securities of the Company. The agreement with the Consultant is subject to the approval of the TSX Venture Exchange. BlockchainK2 is no longer proceeding with the previously announced non-binding letter of intent to acquire Equity Games, LLC.
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