BitRush Corp. Announces Appointment of Sven Wollner as Director and Chris Wollner as Director of Start-It Ltd.

Toronto, Ontario (FSCwire) - BitRush Corp.  (“BitRush” or the “Corporation”) is pleased to announce the  appointment  of  Sven Wollner to the position of Director and Chris Wollner to  the  position  of  Director of Start-it Ltd, a UK-based subsidiary of BitRush focused on cryptographic gaming technologies.

The appointment of Sven and Chris Wollner is part of the strategic preparation for the launch of Start-it’s cryptographic gaming portal, branded “WaggaWagga™”. The development of the gaming portal has been completed and will be operated by Start-it Ltd. BitRush’s cryptographic payment system is a fully integrated part of the gaming portal along with a unique “token feature” for gaming sites. By deploying the token feature via their BitRush online wallet, players are able to register and sign-in instantly on connected gaming sites without having to provide their data to the gaming sites.  The launch of WaggaWagga is scheduled for mid-June in cooperation with leading gaming services providers. WaggaWagga will offer an open Application Interface (API) that allows 3rd party gaming sites to integrate the portal and its payment system.

Sven and Chris Wollner are part of the Singapore based HSRC team, strategic shareholders of BitRush, holding 21% of the outstanding BitRush shares. HSRC is dedicated to supporting the development of the BitRush group on a global level. The connections of HSRC into the Asian markets should support the access as well as the roll-out of the WaggaWagga gaming portal and BitRush payment system into the Asian markets.

About BitRush

BitRush Corp. is a pioneering Canadian FinTech company focused on cryptographic blockchain technology. BitRush™ has chosen to go to the public markets as a startup to allow all types of investors, from individuals to institutions, to participate in the potential value appreciation of a FinTech “startup built by grownups”, that otherwise would usually have taken place in the private markets accessible only to VCs and accredited investors.

BitRush™ (www.BitRush.co), based in Toronto, but with teams active in Asia, Eastern Europe, Western Europe and North America has 3 main business verticals all built on our core universal transaction processing technology BlockNexus™, which includes payment processing services (www.P2Nex.co), gaming technologies and online advertising services (www.AdBit.co). We either use these technologies in our own businesses or provide our services to or for qualified partners and or clients.

BitRush operates a range of websites with more than 10 million Unique Users per month generating up to 20 million micro-payments per month. Those micro-payments are processed by BitRush’s proprietary universal payment platform (patent pending). BitRush’s ad network AdBit (www.adbit.co) has more than 62,000 registered customers performing up to 500,000 micro-payments per day.

BitRush intends offer BitRush debit cards to consumers and businesses to perform their payments anywhere Visa and MasterCard debit cards are accepted, worldwide.

BitRush™ offers solutions in the B2C, B2B, C2B and C2C markets. Join BitRush™, either as a consumer user, as a business or both benefiting from our unique services, features and pricing, that only our proprietary blockchain based technologies allow.

With our core technologies already developed, BitRush™ plans to scale each of our businesses.

BitRush Corp. is traded on the Canadian Securities Exchange (CSE: BRH) and the Frankfurt Stock Exchange: (symbol:0XSN).

BitRush, AdBit, BlockNexus and P2Nex are trademarks of BitRush Corp.

FORWARD LOOKING INFORMATION

This press release contains certain “forward-looking information”. All statements, other than statements of historical fact, that address activities, events or developments that the Corporation believes, expects or anticipates will or may occur in the future (including, without limitation, statements relating to the launch of branded debit cards by the Corporation, the timing thereof and anticipated revenues and profitability relating thereto and Bitrush’s expectations with respect to the potential market for blockchain-based debit cards for unbanked adults) constitute forward-looking information.

This forward-looking information reflects the current expectations or beliefs of the Corporation based on information currently available to the Corporation as well as certain assumptions including, without limitation, the ability of the Corporation to integrate the payment systems of MasterCard and Visa in a successful manner through the Wave Crest agreement; the ability of the Corporation to successfully launch its branded debit cards as anticipated; the ability of the Corporation to successfully tap into the unbanked adult market and its ability to generate sales and fees as anticipated. Forward-looking information is subject to a number of significant risks and uncertainties and other factors that may cause the actual results of the Corporation to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Corporation.  Factors that could cause actual results or events to differ materially from current expectations, include, but are not limited to, the inability of the Corporation to integrate the said payment systems successfully and in a timely manner, if at all; the lack of use of crypto currencies such as Bitcoins; the lack of a market for blockchain-based debit cards developing for unbanked adults; the failure to develop and sell branded debit cards and the use thereof being inferior than as anticipated by the Corporation; and competition from others delivering cryptographic payment solutions .

Any forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Corporation disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. Although the Corporation believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.

On behalf of the Board of Directors,

Warren Hawkins

Corporate Secretary

For further information, contact Werner Boehm at werner.boehm@bitrush.co or Karsten Arend at karsten.arend@bitrush.co.

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