PALM BEACH, Florida, March 7, 2018 /PRNewswire/ --
MarketNewsUpdates.com News Commentary
There are around 1,500 crypto related assets in the world right now, valued presently at an estimated $458 billion. While prices of various cryptocurrencies continue to swing wildly, blockchain-based currency is here to stay despite all the speculation. Identifying the biggest crypto winners and losers is no simple task. That being said, navigating this growing and the sometimes unpredictable market can be treacherous. The average investor should be aware of the latest mining practices, the latest blockchain innovations from companies like Eastman Kodak Company (NYSE: KODK), International Business Machines Corporation (NYSE:IBM), Riot Blockchain, Inc. (NASDAQ: RIOT), 360 Blockchain, Inc. (CSE: CODE), and Global Blockchain Technologies Corp. (CSE: BLOC); (OTC: BLKCF).
These companies are investing in everything from digital currency mining hardware to cryptocurrency opportunities themselves. While the technology itself provides immense potential, in the world of cryptocurrency, where billion-dollar fortunes can be made overnight, speed is everything.
Currently, traditional investors have a few ways of investing in blockchain related companies. They can attempt to invest directly, which can be daunting to someone unfamiliar with the intricacies of the market, or they can rely on a holding company like Global Blockchain Technologies Corp. Blockchain holding companies are organizations that specialize in discovering, acquiring, and incubating companies in the blockchain industries.
Not All ICO's Are Created Equal
It can feel like there's a new huge ICO, or initial coin offering, announced every day. These ICOs can be highly praised but are often presented without an actual product to show. This can make the whole endeavor feel like a scam. In a recent report by the Wall Street Journal, the Securities and Exchange Commission (SEC) is attempting to crack down on all these ICOs by sending cryptocurrency companies dozens of subpoenas and information requests. The SEC has already started enforcing regulations by freezing assets, halting ICOs, and suspended the trading of three companies that claimed cryptocurrency or blockchain dealings.
With so many potential landmines, the task of figuring out which of these exciting new companies are snake oil and which will succeed in the cryptocurrency market can be difficult. But by investing in a blockchain holding company, these investors receive exposure to a wide portfolio of innovative blockchain companies chosen by a group of individuals with training in navigating these treacherous cryptocurrency waters.
A New Kind Of Blockchain Investment Issuer
Many companies like Global Blockchain Technologies Corp. (CSE:BLOC); (OTC:BLKCF) are set to lend its expertise as this new kind of investment issuer specializing in cryptocurrency and blockchain companies. These types of issuers are focused on streamlining the arduous, lengthy and complicated process that interested investors need to undergo in order to gain exposure to the cryptocurrency space.
The goal of a good investment fund is to have a balanced portfolio. Global Blockchain Technologies, for example, would start off investing in blue chip cryptocurrency. Something relatively stable and high-value such as Bitcoin or Ethereum. They also possess mid-level to low-value cryptocurrencies. These are generally investments in pre-ICOs with high potential returns that have yet to garner mainstream attention. Additionally, Global Blockchain is also investing in established corporations like Kodak with their KodakCoin.
Cashing In On Crypto Investments
As more companies enter the crypto world and develop their own corporate tokens, organizations like Global Blockchain Technologies assists and advise in the process, just as they've done for KodakCoin. Global Blockchain Technologies acts as a private equity fund for emerging blockchain companies. Rik Willard, CEO says "We have the technology to help the entire human race."
There are certain ingredients that are necessary to successfully invest in cryptocurrency; mining power and a wide range of blockchain technology in different market segments. How and where companies are mining is an important investment factor. For example, Global Blockchain Technologies recently acquired 100% of Coinstream Mining Corp. which includes several mining facilities from Manitoba to Mozambique totaling 75 Megawatts.
All this power is necessary to drive large data sets. In the case of online gambling, with regulatory and accountability concerns, sports betting has long been off-limits for cautious investors. Blockchain-based wagering platform MEvU, was recently injected with a $2 million investment by Global Blockchain Technologies. This system is a self-regulating way for users to place bets against other users; instead of a "house"-type of opposition such as a casino or a bookmaker.
By investing in an investment issuer holding company, investors will have access to multiple blockchain technology products, mitigating the risk of investing in the volatile bitcoin and cryptocurrency coin market.
360 Blockchain (CSE: CODE)
360 Blockchain Inc. has an all-around view to accelerating the development and application of revolutionary blockchain technologies by investing capital and expertise. Since going public, the company has announced a joint venture with NOS Blockchain, a subsidiary of Nerds on Site, that its acquisition SV Cryptlab entered into contracts to mine Ethereum and Zcash, and the establishment of 360 Blockchain USA, a subsidiary to focus on developing and investing in blockchain technologies in the US.
IBM researchers are working with clients, governments and academics to design and develop blockchain solutions that create trust and remove frictions inhibiting business. The company is building networks to simplify and secure all types of digital transactions, from financial exchanges, supply chains, IoT, and risk management to digital rights management and healthcare.
KODAK (NYSE: KODK)
Kodak in partnership with WENN Digital recently announced the launch of the KODAKOne image rights management platform and KODAKCoin, a photo-centric cryptocurrency to empower photographers and agencies to take greater control of image rights management. Utilizing blockchain technology, the KODAKOne platform will create an encrypted, digital ledger of rights ownership for photographers to register both new and archive work that they can then license within the platform.
Riot Blockchain Inc. (NASDAQ:RIOT)
Riot Blockchain Inc. leverages its expertise and a network of professional advisors to build and support blockchain technologies. It is establishing an Advisory Board with technical experience intending to become a leading authority and supporter of blockchain technology while providing investment exposure to the rapidly growing Bitcoin and blockchain ecosystems.
For a more in-depth look at Global Blockchain Technologies Corp. (CSE: BLOC) (OTC: BLKCF), please visit Streetsignals.com
DISCLAIMER: Streetsignals.com (SS) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. FN Media Group (FNM) is a third-party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated with SS or any company mentioned herein. The commentary, views and opinions expressed in this release by SS are solely those of SS and are not shared by and do not reflect in any manner the views or opinions of FNM. Readers of this Article and content agree that they cannot and will not seek to hold liable SS and FNM for any investment decisions by their readers or subscribers. SS and FNM and their respective affiliated companies are a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security.
The Article and content related to the profiled company represent the personal and subjective views of the Author (SS), and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author (SS) has not independently verified or otherwise investigated all such information. None of the Author, SS, FNM, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer's filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer's securities, including, but not limited to, the complete loss of your investment. FNM was not compensated by any public company mentioned herein to disseminate this press release but was compensated forty four hundred dollars by SS, a non-affiliated third party to distribute this release on behalf of Global Blockchain Technologies Corp.
FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and SS and FNM undertake no obligation to update such statements.
FN Media Group, LLC