FN Media Group Presents GlobalInvestmentDaily.com Market Commentary
LONDON, March 25, 2021 /PRNewswire/ -- Blockchain innovators are riding the tailwinds of a global crypto-industry that's reached $1.4 trillion. Whether you're following the traditional credit card giants …Or the first wave of the payments services innovators …And the backend picks and shovel virtuosos who bring the lucrative world of crypto mining, wallets, banking and exchanges all together under one understandable umbrella …The money is in the blockchain. Mentioned in today's commentary includes: Tesla, Inc. (NASDAQ: TSLA), Microsoft Corporation (NASDAQ: MSFT), Visa Inc. (NYSE: V), Overstock.com, Inc. (NASDAQ: OSTK), BlackBerry Limited (NYSE: BB).
Last year marked the start of the "blockchain decade", according to Deloitte. There's no industry that it won't affect--significantly. And it's so much more than just crypto. It's a virtual ledger that can process unthinkable volumes of data in a corruption-proof way. It records every single transaction into a "block" of information, in a chain. It's exactly why Bitcoin has become what it has … a digital currency that managed to top $58,000 in March.
Elon Musk Is Betting On Bitcoin
Tesla (TSLA) has been one of the most exciting stories on Wall Street for the past two years. And that's largely thanks to its CEO, Elon Musk. As a visionary in the tech world, Musk built his empire on PayPal and then pivoted to a cause closer to his heart, Tesla. Musk has had his eye on prize long before the green energy hype started building. In fact, he released the first Tesla Roadster back in 2008, making electric vehicles desirable when people were laughing at first-gen electric vehicles.
Elon Musk is a major proponent of bitcoin, like his tech industry peer Square and Twitter's Jack Dorsey. Musk made a number of posts on Dorsey's Twitter platform highlighting the benefits of cryptocurrency, and even put his own money where his mouth is, announcing that Tesla would be investing $1.5 billion into bitcoin, with plans to begin accepting bitcoin payments for Tesla products in the near to medium-term.
A Blockchain Ecosystem
Through their acquisition of Limitless Technologies, Cloud Nine (CNI; CLGUF) is now offering what might be the most all-inclusive setup anyone's seen in this space, yet. It's a VPN, a crypto mining tool that makes it easy enough for anyone to do it, an AirBnB-like crypto and digital asset storage system, and an altcoin marketing tool.
It made its name in the development of the cutting-edge Cloud Nine ESL Program for student mobility … Now, it's moving in on the crypto business in a big way … It recently signed an LOI (Letter of Intent) with Victory Square Technologies Inc. (VST-VSQTF) to acquire cryptocurrency and blockchain assets. These aren't just any assets, and this isn't just any blockchain company. It incubated the very first publicly traded blockchain company in Canada and has been at the forefront of the blockchain & crypto space.
They now boasts a massive blockchain ecosystem that includes Desktop LimitlessCrypto™ Miner, a VPN-based patent-pending user-based Bitcoin, Ethereum, and Altcoin miner for household use with a waitlist of over 100,000 users for post-beta March 2021 launch.
It also includes MicroBlock™ Miner, aka "Crypto in a box", a crypto-miner that gives users a plug-and-play way to participate in proof-of-work mining protocols like Bitcoin, Ethereum, and other Altcoins, and X2Crypto™ Wallet for Desktop & Mobile, a crypto credit card (VISA™) paired with user-friendly cryptocurrency banking services on desktop, mobile and hardware wallets.
With Limitless Cloud Nine offers a fully integrated and closed ecosystem that makes it easy for anybody to mine crypto with no technical expertise required. That means anyone with a computer and an internet connection.
Limitless gives you a plug & play way to mine your favorite cryptocurrencies, which can be then immediately stored in your in-app digital wallet. Even better, it offers an unmatched level of security of a Closed Crypto Ecosystem.
So, what about revenue? Once launched, the Limitless VPN, which is free to download anywhere in the world, will provide the company with immediate revenue and an immediate foundation of over 100,000 users to leverage across the platform.
It generates revenue from mining altcoins using unused processing power from the Company's and the Users servers. All altcoins successfully mined are immediately transferred into bitcoin, and the revenue is then split 50/50 between Cloud Nine and the User.
Limitless VPN launched in Beta to 10,000 Users, but it's hard launching in March and has 100k Users on its waitlist. And the Company predicts it will grow its user base to over one million users by the end of 2021!
Cloud Nine Web3 Technologies' (CNI; CLGUF), at-home crypto-mining machine, MicroBlock Miner, lets anyone mine from the comfort of home, with no prior experience. And they can store it all in the Limitless X2 marquee asset, which very few companies can boast.
Call it what you will … the "Uber" of crypto, or the Airbnb, or that point where Uber meets AirBnB and … Visa, in the blockchain.
Payments Giants Are Jumping On Board
When it comes to forward-thinking traditional credit card companies, Visa (V) is by far the savviest. What was once its cryptic enemy, is now its biggest ally. It was the first to jump on the blockchain train back in 2016, seeing the fintech writing on the wall. It met the fintech threat head-on.
In 2016, Visa partnered with Chain blockchain infrastructure company to produce Visa B2B Connect for secure, business-to-business blockchain payments. Visa has also made it possible to link credit cards and debit accounts to cryptocurrency wallets, converting crypto into cash. By now, Visa has over 25 digital currency wallets connected up.
So, when you think blockchain in fintech, think Visa because it saw the fintech threat as an opportunity and took advantage of it early on. It's already being rewarded and more rewards are to come.
Big Tech Is Revolutionizing The Tech Sector
Microsoft (MSFT), as one of the leaders in the technology world, is also building the next generation of hardware and software to help the world tackle some of its biggest and most pressing problems. It's most exciting developments fall under its Azure cloud computing platform, which includes artificial intelligence, blockchain tech, and even Internet of Things functionality. Its Azure IoT, for example, connects and manages internet-connected solar panels to improve efficiency and open a line for an entirely new way of sharing energy within communities.
Conor Kelly, the software engineer who is leading the distributed solar energy project for Microsoft Azure IoT explained, "We need to decarbonize the global economy to avoid catastrophic climate change."
Overstock (OSTK) was one of the first true believers in bitcoin and blockchain technology., and its stock has been climbing all year, with few setbacks. To say it has thrived over the past year wouldn't do it justice. The e-commerce giant has seen its share price absolutely explode since March 2020, climbing by 2366% in just one year.
There's constant news flow here, and it's being helped along by Overstock's fintech subsidiary, tZero, which announced the purchase of a 24 percent stake in StockCross Financial Services, Inc. a few years ago. tZero is on the prowl to aggregate all components of its trading, clearing and settlement platform. It's looking to buy, build or partner, so the news flow is brilliant.
Blackberry Limited (BB) is a company that is no stranger to the tech world. While it has pivoted away from its iconic cell phones of yesteryear, it is still very much involved in pushing the tech industry further. It's even building a global digitized healthcare database leveraging blockchain technology. From it's high-profile partnerships with the likes of Amazon and more, to its key posturing in the Internet of Things explosion, BlackBerry is a great stock that could be trading at a relative discount compared to some of its peers.
BlackBerry recently launched a new research and development arm called BlackBerry Advanced Technology Labs. Charles Eagan, BlackBerry CTO. "Today's cybersecurity industry is rapidly advancing and BlackBerry Labs will operate as its own business unit solely focused on innovating and developing the technologies of tomorrow that will be necessary for our sustained competitive success, from A to Z; Artificial Intelligence to Zero-Trust environments."
By. David Huber
IMPORTANT NOTICE AND DISCLAIMER
PAID ADVERTISEMENT. This article is a paid advertisement. GlobalInvestmentDaily.com and its owners, managers, employees, and assigns (collectively "the Publisher") is often paid by one or more of the profiled companies or a third party to disseminate these types of communications. In this case, the Publisher has been compensated by Cloud Nine Web Technologies Inc. ("Cloud Nine") to conduct investor awareness advertising and marketing. Cloud Nine paid the Publisher to produce and disseminate five similar articles and additional banner ads at a rate of sixty thousand US dollars per article. This compensation should be viewed as a major conflict with our ability to be unbiased.
Readers should beware that third parties, profiled companies, and/or their affiliates may liquidate shares of the profiled companies at any time, including at or near the time you receive this communication, which has the potential to hurt share prices. Frequently companies profiled in our articles experience a large increase in volume and share price during the course of investor awareness marketing, which often ends as soon as the investor awareness marketing ceases. The investor awareness marketing may be as brief as one day, after which a large decrease in volume and share price may likely occur.
This communication is not, and should not be construed to be, an offer to sell or a solicitation of an offer to buy any security. Neither this communication nor the Publisher purport to provide a complete analysis of any company or its financial position. The Publisher is not, and does not purport to be, a broker-dealer or registered investment adviser. This communication is not, and should not be construed to be, personalized investment advice directed to or appropriate for any particular investor. Any investment should be made only after consulting a professional investment advisor and only after reviewing the financial statements and other pertinent corporate information about the company. Further, readers are advised to read and carefully consider the Risk Factors identified and discussed in the advertised company's SEC, SEDAR and/or other government filings. Investing in securities, particularly microcap securities, is speculative and carries a high degree of risk. Past performance does not guarantee future results. This communication is based on information generally available to the public and on interviews with company management, and does not (to the Publisher's knowledge, as confirmed by Cloud Nine) contain any material, non-public information. The information on which it is based is believed to be reliable. Nevertheless, the Publisher cannot guarantee the accuracy or completeness of the information.
SHARE OWNERSHIP. The Publisher owns shares and/or stock options of the featured companies and therefore has an additional incentive to see the featured companies' stock perform well. The Publisher does not undertake any obligation to notify the market when it decides to buy or sell shares of the issuer in the market. The Publisher will be buying and selling shares of the featured company for its own profit. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities.
FORWARD LOOKING STATEMENTS. This publication contains forward-looking statements, including statements regarding expected continual growth of the featured companies and/or industry. The Publisher notes that statements contained herein that look forward in time, which include everything other than historical information, involve risks and uncertainties that may affect the companies' actual results of operations. Factors that could cause actual results to differ include, but are not limited to, changing governmental laws and policies impacting the company's business including the regulation of cryptocurrency or affiliated blockchain technologies, the ability of the company to execute against its business plan, the degree of success with respect to bitcoin, various altcoins and cryptocurrency in general, the success of Cloud Nine's VPN, regulatory and / or exchange approval of any pending or future transactions, the size and growth of the market for the companies' products and services, the ability of management to execute its business plan, the continuity of management, the companies' ability to fund its capital requirements in the near term and long term, pricing pressures, etc.
INDEMNIFICATION/RELEASE OF LIABILITY. By reading this communication, you acknowledge that you have read and understand this disclaimer, and further that to the greatest extent permitted under law, you release the Publisher, its affiliates, assigns and successors from any and all liability, damages, and injury from this communication. You further warrant that you are solely responsible for any financial outcome that may come from your investment decisions.
INTELLECTUAL PROPERTY. GlobalInvestmentDaily.com is the Publisher's trademark. All other trademarks used in this communication are the property of their respective trademark holders. The Publisher is not affiliated, connected, or associated with, and is not sponsored, approved, or originated by, the trademark holders unless otherwise stated. No claim is made by the Publisher to any rights in any third-party trademarks.
DISCLAIMER: GlobalInvestmentDaily.com is Source of all content listed above. FN Media Group, LLC (FNM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with GlobalInvestmentDaily.com or any company mentioned herein. The commentary, views and opinions expressed in this release by GlobalInvestmentDaily.com are solely those of GlobalInvestmentDaily.com and are not shared by and do not reflect in any manner the views or opinions of FNM. FNM is not liable for any investment decisions by its readers or subscribers. FNM and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM was not compensated by any public company mentioned herein to disseminate this press release. 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 FNM undertakes no obligation to update such statements.
Media Contact e-mail: firstname.lastname@example.org U.S. Phone: +1(954)345-0611