Cypher Metaverse Inc C.CODE.X

🪖 Bitcoin; Funding Tech Innovation NFT's, & Cannabis🌿

[AmandaPearce]

Codebase has had a focus on Bitcoin mining and NFTs (non-fungible tokens) so far in 2021, while its other investee companies have also made progress in cannabis and pharmaceuticals. On April 6, Codebase revealed that it had invested £100,000 for a 50% equity stake in London-based NFT start-up, InstaCoin. NFTs are the new and most popular way to sell digital content across the world, Codebase said, but until now the focus has been on large-value sales. The InstaCoin app is meant to bring the creation and auction element to the everyday person. InstaCoin, which is positioned as the world's first self-serve social NFT platform, will allow users to connect their social profiles to the blockchain and create instant NFT tokens from their own content. Followers and fans connect in the open market for immediate sales. Codebase is a founding investor in InstaCoin and was previously a significant investor in TRAD3R, the simple app that creates an easy-to-navigate simulated stock market.

Codebase has a number of companies within its portfolio including stakes in the blockchain company Arcology, as well as investments in ICO Ranker, the standard for reviews and analysis of token sales, and Blockchain Ranker, a business-to-business directory of blockchain software, service providers and platforms.

Arcology, in which Codebase owns a 30% stake, runs a hierarchical blockchain that uses proprietary algorithms and artificial intelligence to eliminate inefficiencies that hinder rival blockchain platforms. ICO Ranker is a collaborative platform for the rating of ICOs and blockchain projects.