Global Blockchain is a platform and business model that provides investors access to an array of holdings within the emerging blockchain ecosystem. Global Blockchain’s ethos is to streamline the process that interested participants need to undergo to gain exposure to the space with intending to becoming the backbone originator and manager of blockchain technology and virtual currencies.
The Global Blockchain team will choose and incubate up to 12 tokens per year. After research, the team at Global Blockchain will be providing critical early funding and retaining a major equity stake in the tokens of their choosing. The company will use its in-house innovation incubator to provide the maximum amount of resources and the potential to unlock new blockchain technologies, propelling their growth. These resources include initial capital, technical development personnel, and legal support. Once the MVP has been created, it can be brought forward to market using a token generation event.
By doing this, the company is offering the chance to capitalize on the growth and future of blockchain technology, between holdings in existing technologies and holding in the tech that does not yet exist.
On the 1st of March, 2018, Global Blockchain announced that it had closed the acquisition of Coinstream Mining Corp. This facility totals 50 MW of capacity, with 35 MW of capacity available immediately. BLOC’s subsidiary, Global Blockchain Technologies Corp, will supply cryptocurrency mining units by a 70/30 split in favor of BLOC. The company has issued 32.5 million shares to the Vendors of Coinstream to satisfy the terms of Agreement. No finder’s fees have been paid on this transaction. The Coinstream acquisition aligns with its goal of having a diverse basket of blockchain companies/investments assets for the investors in their fund pool.
CEO Rik Willard is a pioneer in branded digital engagement concepts. He has worked with DOOH and large-public screen projects, branded content, CMS, mobile and social media. Willard has utilized his time spent with each client and production, including MGM Resorts, Calvin Klein Cosmetics, Lucent Technologies, Dictaphone. qDavid Drake, Michael Terpin, Jim Rogers, Gary Rubinoff, Manie Eagar and David Wachsman make up some of Global Blockchain’s advisory team.