VANCOUVER, BC, CANADA (April 11, 2018) – Mr. George Tsafalas, President & Chief Executive Officer of 360 Blockchain Inc. ("360" or the "Company") (CSE: CODE – FWB: C5B – OTC: BKLLF), a blockchain technology investment company, has issued an important letter to shareholders.
Dear 360 Blockchain Inc. Shareholders:
I would like to take the opportunity to provide an update on the Company’s growth initiatives as we continue to focus on increasing shareholder value.
Since the start of the year, we have initiated and/or closed major investments in several transformative blockchain-based companies, including SV CryptoLab, Arcology and Pressland. We also continue to execute modest initial investments in teams working on solutions for the industry’s most pressing problems, such as ePIC’s plan to produce a computing chip designed specifically to mine cryptocurrencies.
With the appointment of Jeff Koyen as the President and CEO of 360 Blockchain USA, our U.S.-based subsidiary, the Company has enjoyed great media and brand exposure — not just in the financial press and blockchain trades, but in wider media circles. This spring, Mr. Koyen will attend several prominent tech conferences as a panel moderator and/or member.
At 360 Blockchain Inc., we continue to see great growth opportunities in the blockchain space. Just as the Internet grew from a curiosity in the 90s to the world’s most transformative technology in the early 00s, so, too, will blockchain impact all aspects of our daily lives. As an early-mover, the Company is positioned to benefit from this mass adoption.
360’s Recent Highlights
360 Blockchain Inc. continues to actively pursue early-stage blockchain technology investment opportunities, particularly in the areas of enterprise-grade smart contracts, global data management, media distribution and ownership, and supply chain auditing.
Finally, while the Company does not invest directly in cryptocurrencies, at least two of our portfolio companies are exploring plans to issue their own transactional currencies in the form of blockchain-based cryptographic tokens. Working within appropriate regulatory frameworks, the Company will announce more details about these offerings when they’re available.
George Tsafalas, President & CEO
About Codebase Ventures Inc.
Codebase Ventures Inc. is a small, hands-on team of financial and technology experts who invest early in great ideas. We operate from the understanding that technology is always evolving, bringing early opportunities for strategic investments that can deliver the exponential returns to our shareholders. We seek out and empower the innovators who are building tomorrow’s standards with platforms and protocols, not just products. We invest early, support our founders, take their ideas to market and work tirelessly to help them realize their vision.
For further information, please contact:
Brian Keane, Director
Telephone: 1 (778) 806-5150 - TOLL FREE (877) 806-CODE (2633)
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