Toronto, Ontario--(Newsfile Corp. - July 23, 2021) - Graph Blockchain Inc. (CSE: GBLC) (OTC Pink: REGRF) (FSE: RT5A) ("Graph" or the "Company") is pleased to announce that its wholly owned subsidiary, Beyond The Moon ("BTM") has participated in their first several Initial Dex Offering ("IDO") on various launchpads.
BTM has completed its first IDO on the Poolz Finance Launch Pad ("Poolz") with Bunicorn DEX ("Bunicorn"). Bunicorn is an automated market-making decentralized exchange that is built on the Binance Smart Chain ("BSC"). Bunicorn inherited all BSC's strengths while being powered with advantages such as low gas fees and quick transactions. The IDO price was set at 0.03. The price of the coin was sitting at approximately $0.12 when the Company sold its position.
In addition, BTM has participated in two additional IDO's that have increased in value since their acquisition. Further details will be announced once BTM exits these positions.
"Despite the recent turn down in the crypto market, we are still seeing strong gains and opportunities for our shareholders in IDOs. The strategic acquisition of BTM and diversification by Graph will greatly benefit our shareholders," said Paul Haber, CEO of Graph Blockchain.
https://www.newsfilecorp.com/release/90994/Graph-Blockchain-and-Beyond-the-Moon-Participate-in-Their-First-Initial-Dex-Offering