AveragePenny
4 weeks ago
$BTCWF $BTC Bluesky Digital Assets Expands with Strategic Investment into ChessGold Inc. an Online Chess Revolution
https://www.newsfilecorp.com/release/238068/Bluesky-Digital-Assets-Expands-with-Strategic-Investment-into-ChessGold-Inc.-an-Online-Chess-Revolution
Toronto, Ontario--(Newsfile Corp. - January 22, 2025) - Bluesky Digital Assets Corp., (CSE: BTC) (OTCQB: BTCWF) ("Bluesky" or the "Corporation"), announced today that it has made a strategic investment into ChessGold Inc. ("ChessGold") an online digital game developer with a new spin on digital coins www.chessgold.app.
Bluesky has agreed to enter into a loan agreement with ChessGold where Bluesky will advance up to $1,000,000 CAD to ChessGold. Any funds advanced by Bluesky to ChessGold will be backed by a General Security Agreement on the assets of ChessGold. Any advances shall also bare an interest rate of 5% per annum. Bluesky shall also have the ability to convert any amounts outstanding from the loan into Common Shares of ChessGold. ChessGold will use any proceeds loaned by Bluesky to ChessGold for General Working Capital purposes and to fund ChessGold's planned "go public" endeavors. Should either ChessGold or Bluesky, elect to convert any of the outstanding amounts owed to Bluesky into Common Shares of ChessGold, the price of the Common Shares for the conversion shall be determined at the time of conversion. The conversion price will be determined by the valuation of ChessGold's business at the time of conversion or should ChessGold have commenced its go public endeavor, the conversion price will be set to the Initial Public Offering price.
Bluesky's continued focus on Artificial Intelligence ("AI") and Blockchain ("BC") led to this natural fit with ChessGold which embraces these new verticals in it's game development process. In a further development, the Corporation is also pleased to announce that ChessGold is now a commercial client of the Corporation's BlueskyIntel.com platform. The Bluesky Intel platform will assist and offer consulting expertise for ChessGold in it's last mile before full market launch.
Gramos Mjeku, CEO of ChessGold stated: "Chess is a timeless and elegant game, cherished by millions across the globe. At ChessGold, we've elevated this classic game with innovative features aimed at enriching the experience and making it more engaging for players of all skill levels. This is chess in its purest form, enhanced for the modern era without compromising its authenticity. After more than five years of dedicated effort, we're excited to announce that ChessGold is set to launch in just a few days. As a proudly Canadian-founded company, our mission is to operate on a global scale, sharing this innovation with chess enthusiasts everywhere. We're eager to unveil the ChessGold app and invite you to join us in transforming how chess is played and enjoyed."
Ben Gelfand, CEO of Bluesky stated: "We are ecstatic to have the opportunity to make an investment into this amazing opportunity as our Company has been searching for this kind of dynamic and innovative deal in the gaming space, and we believe we have found a winner. We are also very pleased to work with Mr. Mjeku who has a focused his career on computer science and technology, and he has extensive technical expertise for the digital web and app-based game business."
LongFutureShot
3 months ago
Whatβs really at play here is AWS (Amazon Web Services) has shown interest in Bluesky Digital Assets Corp.'s blockchain and AI platform. According to recent announcements, Bluesky Digital Assets met with AWS account teams during the Generative AI Summit in Toronto on September 11, 2024, to explore strategic alignments. The interest from AWS was sparked by the successful soft launch of BlueskyINTEL's Web Engagement Platform, which focuses on AI and blockchain technology integration for business solutions, indicating AWS's exposure to Bluesky's innovative platform.
Invest-in-America
3 months ago
BTCWF: Bing's "Copilot" (AI Search Engine) says this ---
"Why has BTCWF stock soared 1,200% in the past 5-days? Bluesky Digital Assets Corp. (BTCWF) stock has soared by 1,200% in the past 5 days due to a combination of factors. The company recently announced a non-brokered private placement offering of up to C$242,500, which has attracted significant investor interest. Additionally, Bluesky Digital Assets launched enhanced AI business functionality to their web engagement platform, further boosting investor confidence. It seems like BTCWF is making some impressive strides! Are you considering investing in BTCWF or other digital asset companies?"
AveragePenny
3 months ago
$BTCWF $BTC.C BlueskyINTEL AI & Blockchain Business Ready to Produce Revenues in January 2025
https://www.newsfilecorp.com/release/229613
Toronto, Ontario--(Newsfile Corp. - November 12, 2024) - Bluesky Digital Assets Corp., (CSE: BTC) (OTCQB: BTCWF), ("Bluesky" or the "Corporation") anannounced today that its BlueskyINTEL Web Engagement Platform will be ready to officially launch in January 2025 and begin taking in subscription and partnership revenue.
Bluesky's continued focus on Artificial Intelligence ("AI") and Blockchain ("BC") led to the creation of the BlueskyINTEL ("BSI") proprietary Web Engagement Platform ("WEP") which has now reached another strategic release milestone.
BSI's WEP remains well positioned strategically in-between Businesses looking to adopt AI & BC technology and with the solutions providers who provide the ability for these businesses to accomplish the adoption and usage of these next generation technologies.
During the soft launch period announced on July 2, 2024, businesses registered for free on BSI's AI & BC Landscape page by clicking the 'Create Requirements' button, the response to this soft launch was impressive and BSI had numerous and different types of businesses testing and experiencing BSI's AI-powered matchmaking service. The service analyzed their specific needs and matched them through intelligent AI augmentation with appropriate solution providers in real-time. The real-world interactions that occurred during BSI's initial soft launch, and interest from AWS's (Amazon) after meeting with AWS's account teams to explore strategic alignments, have greatly contributed greatly to accelerating the hard launch to cashflow.
Ben Gelfand, CEO stated: "We are excited to move into the revenue, cashflow building and client acquisition phase of our business. The interest we have received from major players has been amazing."
Anthony R. Pearlman, COO stated: " As we begin down the path of monetization, moving from R&D to prime-time has been a major accomplishment and milestone for us. We expect to learn a lot as we move forward with production engagements and we will continue to improve on an ongoing basis."
deri21
4 years ago
$BTCWF $BTC Bluesky Digital Assets Corp., (CSE: BTC) (CSE: BTC.PR.A) (OTCQB: BTCWF) ("Bluesky" or the "Corporation") released today a summary of its Unaudited Q1, 2021 Interim Financial Statements for the three months ended March 31, 2021. Key highlights include:
- Total Gross Revenues from the Corporation's Digital Assets Mining operations increased to $743,267 CDN in Q1, 2021 from $101,611 CDN in Q1, 2020 representing a significant increase of 631%. https://finance.yahoo.com/news/bluesky-digital-assets-corp-releases-131100576.html