Category: Company News

TEL AVIV, ISRAEL / ACCESSWIRE / July 6, 2018 / First Bitcoin Capital Corp (OTC PINK: BITCF), in a related party transaction, agreed to pay off for a second time, approximately $200,000 in debt utilizing Bitcoin Unlimited Futures, which will make the Company once again 100% debt free.

“Bitcoin Unlimited Futures” (COIN:XB) as a cryptocurrency was generated by the Company and is dependent on the protocols of the Bitcoin Blockchain for transferring coins from one party to another. Only released by the Company as a means of allowing speculators to predict the outcome of the then anticipated hard fork of Bitcoin Core into two distinct assets, Bitcoin Unlimited Futures is tradeable under the symbols XBU on the decentralized OMNIDEX and the Company’s subsidiary, COINQX.com as well as XB on the C-CEX.com cryptocurrency exchanges.

XBU or XB is not to be confused with past competing efforts to presale actual “Bitcoin Unlimited (Futures)” COIN:BTU prior to the hard fork, whereas in the case of XBU/XB our coin was not designed to become BTU, instead, it trades independently as a third currency. There is no relation of XBU or XB to the actual Bitcoin other than that it was created on and its movements are dependent on the Bitcoin Blockchain using the Omni Layer Protocols.

BTU was trading at about half of the trading value of XBU/XB at the time of the last exchange of our debt for XB. Efforts by two competing exchanges to capitalize on the then pending hard fork were found here, however, Bitcoin Cash resulted in the fork instead of BTU: http://coinmarketcap.com/currencies/bitcoin-unlimited/

Due to the ephemeral nature of XBU/XB, the Company’s creditor agreed to accept XBU at a discount from current illiquid market rates so that the company has agreed to pay 20,000 XBU/XT to settle this related party debt from its growing inventory of various altcoins in comparison to the 2,000 XB used last year to extinguish a similar amount of debt.

“Becoming debt free not only re-strengthens our balance sheet again but is an important milestone for a development stage company which positions the company for a more rapid path to profitability.”

Update on Audits

The Company’s Board of Directors approved the audits and anticipates publishing our audited financial statements for the years ending 2016 and 2017 next week, and will commence the process of filing these financial statements in SEDAR to qualify for listing on a Canadian Stock Exchange. The Company is planning to have our shares trading in 3 markets in North America and Europe this year as a result.

Selected Financial Information and Results of Operations

December 31, 2017

December 31, 2016

December 31, 2015

Total assets

1,279,832

403,960

362,920

Total long-term liabilities

Cash dividends declared

Total revenues

100,000

41,207

Cost of goods sold

(38,548)

Operating expenses

(2,848,265)

(34,208)

(50,989)

Other income

415,153

38,000

Net (loss) income

(2,333,112)

3,792

(48,331)

Comprehensive (loss) income

(1,899,976)

3,792

(48,331)

Net (loss) income per share – basic and diluted

(0.01)

0.00

0.00

Note: While the audited financial statements do include as an exhibit itemizing the full inventory of more than 100 unique cryptocurrencies owned by the Company, the vast majority of these cryptocurrencies do not reflect any market values therein and are only booked and reflected at cost.

Total assets increased from $362,920 at December 31, 2015 to $403,960 at December 31, 2016. As at December 31, 2015, assets included mining rights to a mineralized property in the Pacaraima region in Southern Venezuela, with a carrying value of $360,000. This property was exchanged for one billion KiloCoins valued at $398,000 in November 2016, which resulted in the increase in total assets at December 31, 2016.

Total assets increased from $403,960 at December 31, 2016 to $1,279,832 at December 31, 2017. During the year ended December 31, 2017, we exchanged one million WEED coins for five million common shares of Singlepoint Inc. (“Singlepoint”). Our equity investment in Singlepoint was recorded at its fair value of $500,000 as at December 31, 2017. The increase to our assets as at December 31, 2017, was also a result of investments in kiosk equipment with a carrying value of $82,033 and accounts receivable of $100,000 related to our revenues earned from blockchain development.

Our revenues increased by $100,000 from the year ended December 31, 2016, to the year ended December 31, 2017, as a result of revenues earned from blockchain development. In 2016, we had not begun our business of blockchain development.

Our expenses increased to $2,848,265 for the year ended December 31, 2017, from $34,208 for the year ended December 31, 2016. 2017 represented a full year of cryptocurrency generation as we began this segment of our business in September 2016. During 2017, we issued 3,415,924 shares of our common stock, valued at $2,356,988, as a fee for mining activity performed on our BITCF coin. The mining activity fee is a non-recurring event. In addition, overall increase in activity resulted in increases in general and administration expense, professional fees and sales and marketing expense.

Other income increased from $38,000 for the year ended December 31, 2016, to $415,153 for the year ended December 31, 2017. During 2016, we exchanged our mineralized property, with a carrying value of $360,000, for one billion KiloCoins valued at $398,000 and recorded a gain on exchange of $38,000. During 2017, we exchanged one million WEED coins for five million common shares of Singlepoint and recorded a gain on exchange of $150,000. We settled amounts payable to our Chief Executive Officer with 2,000 Bitcoin Unlimited Futures (COIN:XBU) and recorded a gain on settlement of $154,179. In addition, we conducted a crowdsale of ALTCOIN (coin:ALT) and received 113,214 Tether (COIN:USDT), which resulted in a gain on acquisition of digital currencies of $108,410 included in other income.

About First Bitcoin Capital Corp

First Bitcoin Capital Corp (OTC PINK: BITCF) (COIN: BITCF) began developing digital currencies, proprietary Blockchain technologies, and the digital currency exchange – www.CoinQX.com (in Beta) in early 2014. We saw this step as a tremendous opportunity to create further shareholder value by leveraging management’s experience in developing and managing complex Blockchain technologies and in developing new types of digital assets. Being the first publicly-traded cryptocurrency and BlockChain-centered Company, we provide our shareholders with diversified exposure to digital cryptocurrencies and BlockChain technologies.

Forward-Looking Statements

Certain statements contained in this press release may constitute “forward-looking statements.” Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as may be disclosed in company’s filings. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company’s views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date of the press release. Such forward-looking statements are risks that are detailed in the Company’s filings, which are on file at www.OTCMarkets.com.

Contact us via: info@bitcoincapitalcorp.com or visit http://www.bitcoincapitalcorp.com

SOURCE: First Bitcoin Capital Corp.

TEL AVIV, ISRAEL / ACCESSWIRE / June 18, 2018 / First Bitcoin Capital Corp (OTC PINK:BITCF), a prolific generator of more than 100 unique cryptocurrencies and developer of Blockchain technologies, invites PotCoin, other marijuana related cryptocurrency projects and cannabis related companies to join CANNABLOQ. This invitation includes the possibility of entering into exchange agreements with BITCF in order to swap out WEED coins for those other weed related cryptocurrencies and company shares similar to the exchange of Perkscoins (COIN:PCT) from CANNASOS and $SING shares from SinglePoint. With the recent completion of the Perkscoin’s ICO, PCT began trading on the following crypto exchange https://crex24.com/exchange/PCT-BTC and will soon be added to BITCF’s www.Altcoinmarketcap.com:

Dennis Rodman recently visited Singapore promoting his PotCoin and the North Korean Summit between two of his personal friends for which he has certainly been a brave and positive influence towards what appears to be a peaceful resolution to a serious nuclear worldwide threat.

We believe that of the many pot related coins already minted, by various organisations, that our WEED currency stands the greatest chance of success based on several factors some of which are the facts that BITCF is the first public company in the Bitcoin and Blockchain space as well as the fact that WEED coin runs on the Bitcoin Blockchain in the same way as Tether (COIN:USDT) the world’s second most actively traded crypto currency with more than 3 billion US$ dollars in daily trading volume.

WEED (COIN:WEED) trades on the New Zealand Cryptocurrency Exchange as does PotCoin (COIN:POT): https://www.cryptopia.co.nz/Exchange/?market=WEED_BTC

CANNABLOQ.com is being designed to serve as a consortium to the cannabis industries and members can expect many befits of joining, the first of which is the ability to swap out cannabis related coins and shares of public companies for WEED tokens running on the Bitcoin Blockchain.

Further research about WEED coin please see: www.weedcurrency.com

New Division -Go Name Me -Launched

First Bitcoin has launched a new division that specializes in providing domain registration services to the blockchain and gaming industries via www.goname.me where we also offer Web Hosting, SSL, Security, Email Accounts, Marketing and Website Building tools. BITCF will soon launch a CrowdSale token event in order to further capitalize on these new services. One of the first domains that was registered on www.GoName.Me was new domain called Moshiachcoin.com

About First Bitcoin Capital Corp

First Bitcoin Capital Corp (OTC PINK: BITCF) (COIN: BITCF) began developing digital currencies, proprietary Blockchain technologies, and the digital currency exchange – www.CoinQX.com (in Beta) in early 2014. We saw this step as a tremendous opportunity to create further shareholder value by leveraging management’s experience in developing and managing complex Blockchain technologies and in developing new types of digital assets. Being the first publicly-traded cryptocurrency and BlockChain-centered Company, we provide our shareholders with diversified exposure to digital cryptocurrencies and BlockChain technologies.

Forward-Looking Statements

Certain statements contained in this press release may constitute “forward-looking statements.” Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as may be disclosed in company’s filings. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company’s views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date of the press release. Such forward-looking statements are risks that are detailed in the Company’s filings, which are on file at www.OTCMarkets.com.

Contact us via: info@bitcoincapitalcorp.com or visit http://www.bitcoincapitalcorp.com

SOURCE: First Bitcoin Capital Corp.

TEL AVIV, ISRAEL / ACCESSWIRE / June 7, 2018 / First Bitcoin Capital Corp (OTC PINK:BITCF), a prolific generator of more than 100 unique cryptocurrencies and developer of blockchain powered technologies is proud to announce that it has has reached an agreement with the mother of PHIZZURP ( known as @PHIZZURP_MOM) to license the rights to the brand PHIZZURP and PHIZZURP TKO and other related intellectual properties.

Phillip “Phizzurp” Klemenov (1992-2016) was a professional Call of Duty legendary player and a popular video game streamer. At the time of his tragic death he had over 70,000 subscribers on YouTube and about 6,000,000 views on Twitch.tv (https://www.twitch.tv/phizzurp ) with more than 350,000 followers on Twitter. Call of Duty is a first-person shooter video game franchise. The series began on Microsoft Windows, and later expanded to consoles and handhelds. Several spin-off games have been released. The earlier games in the series are set primarily in World War II, but later games like Call of Duty 4: Modern Warfare are set in modern times or in futuristic settings. The most recent game, Call of Duty: WWII, was released on November 3, 2017. An upcoming title, Call of Duty: Black Ops 4, is in development and to be released in October 2018.

The Call of Duty games are published and owned by Activision Blizzard. As of February 2016, the Call of Duty series has sold over 250 million copies. Sales of all Call of Duty games topped US$15 billion.

There are an estimated 100,000,000 players of Call of Duty worldwide.

Phizzurp is listed on the Call Of Duty website at: https://www.callofduty.com/ca/en/esports/player/phizzurp

A recent Business Insider report indicates that the eSports competitive video gaming market continues to grow revenues & attract investors. Financial institutions are starting to take notice. Goldman Sachs valued eSports at $500 million in 2016 and expects the market will grow at 22% annually compounded over the next three years into a $1 billion opportunity.

And industry statistics are already backing this valuation and demonstrating the potential for massive earnings. To illustrate the market value, market growth, and potential earnings for eSports, consider Swedish media company Modern Times Group’s $87 million acquisition of Turtle Entertainment, the holding company for ESL. YouTube has made its biggest eSports investment to date by signing a multiyear broadcasting deal with Faceit to stream the latter’s Esports Championship Series. And the NBA will launch its own eSports league in 2018.

Here are some eSports industry facts and statistics from the report:

eSports is a still nascent industry filled with commercial opportunity.

There are a variety of revenue streams that companies can tap into.

The market is presently undervalued and has significant room to grow.

The dynamism of this market distinguishes it from traditional sports.

The audience is high-value and global, and its numbers are rising.

Brands can prosper in eSports by following the appropriate game plan.

Game publishers approach their eSports ecosystems in different ways.

Successful eSports games are comprised of the same basic ingredients.

Digital streaming platforms are spearheading the popularity of eSports.

Legacy media are investing into eSports, and seeing encouraging results.

Traditional sports franchises have a clear opportunity to seize in eSports.

Virtual and augmented reality firms also stand to benefit from eSports.

In full, the report illuminates the business of eSports from four angles:

  1. The gaming nucleus of eSports, including an overview of popular eSports genres and games; the influence of game publishers, and the spectrum of strategies they adopt toward their respective eSports scenes; the role of eSports event producers and the tournaments they operate.
  2. The eSports audience profile, its size, global reach, and demographic, psychographic, and behavioral attributes; the underlying factors driving its growth; why they are an attractive target for brands and broadcasters; and the significant audience and commercial crossover with traditional sports.
  3. eSports media broadcasters, including digital avant-garde like Twitch and YouTube, newer digital entrants like Facebook and traditional media outlets like Turner’s TBS Network, ESPN, and Canal Plus; their strategies and successes in this space; and the virtual reality opportunity.
  4. eSports market economics, with a market sizing, growth forecasts, and regional analyses; an evaluation of the eSports spectacle and its revenue generators, some of which are idiosyncratic to this industry; strategic planning for brand marketers, with case studies; and an exploration of the infinite dynamism and immense potential of the eSports economy.

“As the eSports industry continues to mature worldwide and reach its recognition and potential as a business, we’re determined to develop unique brands and develop best practices for brands, advertisers and sponsors,” said Greg Rubin, CEO of First Bitcoin Capital. “We’re excited to partner with the mother of a legendary Call Of Duty gamer PHIZZURP to keep his memory alive and continue to develop a new Call of Duty team around his memory.”

More information is available on our new website (in development) www.phizzurpTKO.com

First Bitcoin Capital is planning to launch a gaming Token ICO based on this significant brand and develop a way to stream online gaming content on a blockchain applications.

Shareholder Update

Our audit is taking longer than anticipated, however, we have made significant progress in this regard and believe that it should be complete before end of June and we plan to list on a Canadian exchange once completed.

About First Bitcoin Capital Corp

First Bitcoin Capital Corp (OTCMARKETS: BITCF) (COIN: BITCF) began developing digital currencies, proprietary Blockchain technologies, and the digital currency exchange – www.CoinQX.com (in Beta) in early 2014. We saw this step as a tremendous opportunity to create further shareholder value by leveraging management’s experience in developing and managing complex Blockchain technologies and in developing new types of digital assets. Being the first publicly-traded cryptocurrency and BlockChain-centered Company, we provide our shareholders with diversified exposure to digital cryptocurrencies and BlockChain technologies.

Forward-Looking Statements

Certain statements contained in this press release may constitute “forward-looking statements.” Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as may be disclosed in company’s filings. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company’s views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date of the press release. Such forward-looking statements are risks that are detailed in the Company’s filings, which are on file at www.OTCMarkets.com.

Contact us via: info@bitcoincapitalcorp.com or visit http://www.bitcoincapitalcorp.com or visit www.phizzurptko.com

SOURCE: First Bitcoin Capital Corp.

TEL AVIV, ISRAEL / ACCESSWIRE / March 22, 2018 / First Bitcoin Capital Corp (OTC PINK: BITCF), a prolific generator of more than 100 unique cryptocurrencies and developer of blockchain powered technology is proud to announce that it has acquired a 50% stake in Blockcrunch Holding LLC.

About BlockCrunch Holding LLC and its management

BlockCrunch Holding LLC is a team of highly experienced advisors, developers, and entrepreneurs with a strong background in business development, investor relations, and IT development.

BlockCrunch now seeks to provide synergistic value with First Bitcoin Capital in helping to scale the ICO and blockchain advisory business, expand upon BITCF’s team of talented in-house developers, bring on new media assets, event partnerships, and financial trading algorithms, as well as expand upon its team of world class executive leadership.

BlockCrunch is led by CEO Bobir Akilkhanov, who brings over 17 years of entrepreneurial and IT experience to the team. Bobir’s career was kicked off at the age of 21, when he was awarded Entrepreneur of the Year in Australia in 2006 after founding a Facebook like website only a few months after “The Facebook” went live.

Bobir went on to co-found Kupi Coupon, Russia’s third most successful Groupon-like website. After overseeing the rapid expansion of the company, helping to grow the site’s traffic from zero to 8 million visitors per month, Bobir has gone on to either co-found or invest in several successful startups.

Bobir is a founding investor of Plov.com – which was the number 1 upcoming business in Russia ranked by Forbes. He is additionally the founder of Billur.net, a successful web hosting company that he sold to Softline Group.

Since coming to the US in 2016, Bobir ran an IT and Business development consultancy called The Real Start LLC, a subsidiary of BlockCrunch Holding LLC. The Real Start has developed over 25 enterprise level web development projects, consulting highly notable individuals along with large and well-established companies. The Real Start’s core team of 14 developers have been working alongside Bobir for 7+ years.

Also joining First Bitcoin Capital’s leadership team is Ronen Sartena – BlockCrunch’s Director of Business Development. Under his leadership, BlockCrunch has bootstrapped their way into the blockchain industry and has seen hyper growth in lead generation, interested prospects, and closes in a very short period.

With extremely unique business development strategies, thorough understanding of blockchain, the ICO process, finance, trading, and business development, Ronen seeks to rapidly expand upon First Bitcoin Capital’s small but capable team.

Before BlockCrunch, Ronen worked with a global SaaS company with 1000+ employees in 57 offices on 6 continents. During this time he gained experience hiring employees, training sales representatives, and hitting team targets – experiences that should enhance more rapid growth of First Bitcoin Capital. Additionally, Ronen was a top 10 seller globally out of 600 representatives, establishing over 40 new relationships for his efforts within only 18 months.

Ronen has also spent 2 years working in Finance, obtaining his Series 7 and working on Wall Street in both the retail and institutional broker dealer side of the business.

In addition to working towards rapidly scaling our business development and technology arm of First Bitcoin Capital, BlockCrunch brings with them media assets and relationships with global event organizers. Their domain holdings include – blockcrunch.com, btcnewyork.com, and manhattanherald.com. They additionally own the domain rights to blockchainevent.com, siliconvalleyherald.com, eliteherald.com, and heraldselect.com.

First Bitcoin Capital’s CEO, Greg Rubin stated that, “The Company anticipates that its stake in BlockCrunch will add substantially to our net revenues. The combined energies and resources of BlockCrunch and First Bitcoin seem destined to turn into a formidable force in the Blockchain space.”

About First Bitcoin Capital Corp

First Bitcoin Capital Corp (OTCMARKETS: BITCF) (NASDAQOTH: BITCF) (COIN: BITCF) began developing digital currencies, proprietary Blockchain technologies, and the digital currency exchange – www.CoinQX.com (in Beta) in early 2014. We saw this step as a tremendous opportunity to create further shareholder value by leveraging management’s experience in developing and managing complex Blockchain technologies and in developing new types of digital assets. Being the first publicly-traded cryptocurrency and BlockChain-centered Company, we provide our shareholders with diversified exposure to digital cryptocurrencies and BlockChain technologies.

Forward-Looking Statements

Certain statements contained in this press release may constitute “forward-looking statements.” Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as may be disclosed in company’s filings. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company’s views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date of the press release. Such forward-looking statements are risks that are detailed in the Company’s filings, which are on file at www.OTCMarkets.com.

Contact us via: info@bitcoincapitalcorp.com or visit http://www.bitcoincapitalcorp.com

SOURCE: First Bitcoin Capital Corp.

TEL AVIV, ISRAEL / ACCESSWIRE / March, 19, 2018 / First Bitcoin Capital Corp (OTCMarkets:BITCF), a prolific generator of more than 100 unique cryptocurrencies sets the record after repeated inaccuracies reported by the Motley Fool.

Motley Fools headline: These Bitcoin Stocks Have Virtually Nothing to Do With Bitcoin does not accurately apply to First Bitcoin Capital Corp in so much as more than 100 of the unique cryptocurrencies generated by BITCF are dependent on the Bitcoin Blockchain for their very existence. In addition to utilizing the Bitcoin Blockchain to generate each new coin thereon, every subsequent transfer utilizes this very BlockChain to move coins from one wallet to the next.

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TEL AVIV, ISRAEL / ACCESSWIRE / February 28, 2018 / First Bitcoin Capital Corp (OTC PINK: BITCF), a prolific generator of cryptocurrencies and BlockChain developer, utilized a portion of its WEED coin inventory to acquire an additional $1,500,000 worth of PERKSCOIN from marijuana social media leader CannaSOS.

One factor in BITCF deciding to more than double its stake in Perkscoin was based on the 3,350,000 visits to its CannaSoS’ website http://www.CannaSoS.com/ based on Similarweb.com statistics.

PerksCoin will be an Ethereum token with a limit of 100,000,000 coins totally issued and outstanding upon completion of its ICO.

WEED coin utilizes the Bitcoin Blockchain as its underpinnings for transaction confirmations which utilize the same protocols as very popular coin Tether (COIN: USDT).

$WEED trades on several exchanges, including the New Zealand cryptocurrency exchange: https://www.cryptopia.co.nz/Exchange/?market=WEED_BTC

The ICO purchase is based on a valuation of $WEED at US$7.50 per coin. As an early participant in the $PCT Initial Coin Offering (ICO), First Bitcoin Capital is acquiring its second round of Perkscoin at the increased price of US$0.80 per coin.

First Bitcoin Capital Corp is also developing a consortium of cannabis businesses Cannabloq which will include 7 initial members. Ownership in $WEED will be a prerequisite to joining CannaBLOQ Consortium.

First Bitcoin Capital has already launched a similar consortium for the petroleum industry at www.PetroBloq.com which is now listed on the hyper ledger vendors’ directory.

About First Bitcoin Capital Corp

First Bitcoin Capital Corp (OTC PINK: BITCF) (NASDAQOTH: BITCF) (COIN: BITCF) is engaged in developing digital currencies, proprietary Blockchain technologies, and the digital currency exchange – www.CoinQX.com (in Beta). We saw this step in late 2013 as a tremendous opportunity to create further shareholder value by leveraging management’s experience in developing and managing complex Blockchain technologies and in developing new types of digital assets. Being the first publicly-traded cryptocurrency and blockchain-centered company, we provide our shareholders with diversified exposure to digital cryptocurrencies and blockchain technologies.

About CannaSOS and PerksCoin

“CannaSOS is a social network for the cannabis industry that has over 315,000 members, more than 980 registered businesses, and has the world’s most comprehensive strain database. CannaSOS is a Canadian based company that has been running since 2014 and has also just recently been trademarked. CannaSOS is also the founder of the PerksCoin token (PCT), which is an ERC20 utility token that is set to run on decentralized blockchain technology; ensuring transparency and security of all financial transactions in the cannabis industry. The PerksCoin token will be used in the cannabis industry for both transactional purposes and as a loyalty program, and will also have the capability to be used in other industries as well. CannaSOS is already partnered with 3 POS companies and 2 payment processing companies, all which will be implementing PerksCoin into their platforms and will be promoting it to their networks”.

Forward-Looking Statements

Certain statements contained in this press release may constitute “forward-looking statements.” Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as may be disclosed in company’s filings. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company’s views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date of the press release. Such forward-looking statements are risks that are detailed in the Company’s filings, which are on file at www.OTCMarkets.com.

Contact:

info@bitcoincapitalcorp.com or visit http://www.bitcoincapitalcorp.com

Twitter: @First_Bitcoin

SOURCE: First Bitcoin Capital Corp.

TEL AVIV, ISRAEL / ACCESSWIRE / February 23 2018 / First Bitcoin Capital Corp (OTC PINK: BITCF), a prolific generator of more than 100 unique cryptocurrencies and developer of Blockchain supply chain management platforms, has entered the decentralized data storage markets in partnership with “Bitcoin Hero” Sebuh Honarchian.

Data Cloud Storage Market is projected to witness a compound annual growth rate of 29.73% to reach a total market size of US$92.488 billion by 2022, from US$25.171 billion in 2017.

According to https://finance.yahoo.com/news/92-48-billion-cloud-storage-154400202.html:

Siaberry, Inc. CEO Sebuh Honarchian developed an operating system known as “Siaberry OS” that taps into the Sia decentralized storage platform in order to mine POS token (Proof-of-Storage) for the purpose of providing decentralized blockchain storage at a substantial discount from traditional cloud storage sources which currently earns and utilizes Siacoins as collateral.

Sia is the first decentralized storage platform secured by blockchain technology. The Sia Storage Platform leverages underutilized hard drive capacity around the world to create a data storage marketplace that is more reliable and lower cost than traditional cloud storage providers.

Sia encrypts and distributes customer files across a decentralized network. Customers control their private encryption keys and customers own their data. No outside company or third party can access or control customer files, unlike traditional cloud storage providers.

On average, Sia’s decentralized cloud storage costs 90% less than incumbent cloud storage providers. Storing 1TB of files on Sia costs about $2 per month, compared with $23 on Amazon S3.

Sia distributes and stores redundant file segments on nodes across the globe, eliminating any single point of failure and ensuring uptime that rivals traditional cloud storage providers.

Sia’s software is completely open source, with contributions from leading software engineers and a thriving community of developers building innovative applications on the Sia API.

Using the Sia blockchain, Sia creates a decentralized storage marketplace in which hosts compete for customer business, which leads to the lowest possible prices. Storage space renters pay using Siacoin, which can also be mined and traded on cryptocurrency exchanges.

First Bitcoin Capital’s CEO, Greg Rubin stated that, “The Company’s revenue model for Siaberry includes earning Siacoins from providing decentralized storage space as well as allowing our SiaberryOS to mine multiple POS currencies such as our own BIT, with intentions to eventually utilize our own cryptocurrency ‘BIT’ in place of Siacoin which will give us a competitive edge over those currently utilizing Siacoin. We believe that in utilizing SiaBerryOS we currently enjoy the competitive edge over other Sia participants as well as the non-decentralized MaidSafeCoin and Storj.”

About First Bitcoin Capital Corp.

First Bitcoin Capital Corp. (OTC PINK: BITCF) (COIN: BITCF) began developing digital currencies, proprietary Blockchain technologies, and the digital currency exchange www.CoinQX.com (in Beta) in early 2014. We saw this step as a tremendous opportunity to create further shareholder value by leveraging management’s experience in developing and managing complex Blockchain technologies and in developing new types of digital assets. Being the first publicly-traded cryptocurrency and BlockChain-centered Company, we provide our shareholders with diversified exposure to digital cryptocurrencies and BlockChain technologies.

Forward-Looking Statements

Certain statements contained in this press release may constitute “forward-looking statements.” Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as may be disclosed in company’s filings. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company’s views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date of the press release. Such forward-looking statements are risks that are detailed in the Company’s filings, which are on file at www.OTCMarkets.com.

Contact us via: info@bitcoincapitalcorp.com or visit http://www.bitcoincapitalcorp.com

Twitter: @First_Bitcoin

SOURCE: First Bitcoin Capital Corp.

TEL AVIV, ISRAEL / ACCESSWIRE / February 21 2018 / First Bitcoin Capital Corp (OTC PINK: BITCF), a prolific generator of more than 100 unique cryptocurrencies has launched “Petroleum” coin designed to become a commodity-based utility token employing the Ethereum ERC20 BlockChain protocols with trading symbol “OIL” in order to provide a liquidity and management solution to global petroleum industry participants.

In order to capitalize on the excitement surrounding Venezuela’s move to back its own cryptocurrency with that country’s oil reserves and to fulfill BITCF’s preparations prior to the oil-producing nation’s announcement, First Bitcoin Capital Corp wasted no time in setting the stage to beat Venezuela to market.

The Petroleum (COIN: OIL) Smart Contract development creation occurred 2 months ago, as can be witnessed in the following Etherscan explorer link: https://etherscan.io/token/0xd938959d215d84b668d39848785d76d298466f19#readContract

While a small amount of activity regarding Petroleum (COIN: OIL) may be seen on Ethereum explorers, those issuances and test transfer amounts identifiable are not available for cryptocurrency markets nor are any of these tokens yet backed by oil or any other asset. The Petroleum tokens will only begin trading on exchanges upon 1 barrel of oil supporting each outstanding OIL token through legally binding trust agreements in conformity with all relevant laws, rules, and regulations.

The Company intends to exclusively incorporate Petroleum (COIN: OIL) into and have it function as an integral part of the upcoming PetroBloq energy trading platform which is being developed as a joint venture between Petroteq Energy, Inc and First Bitcoin Capital Corp.

The growing trend and potential for tokenization of commodities is significant based on the success of Tether (a coin that is backed by $USD and is trading more than $2 billion per day on international cryptocurrency exchanges in more than 400 markets) combined with the massive size of global oil reserves.

First Bitcoin Capital’s CEO, Greg Rubin stated that “Petroteq’s and First Bitcoin’s revenue model for our joint venture known as “PetroBloq” includes earning fees from those oil producers that elect to utilize our Ethereum tokens as a means to achieve greater liquidity and manageability of their oil production. Interested oil producing nations and companies are invited to join us in this decentralized revolution by emailing info@bitcoincapitalcorp.com“or info@petrobloq.com

About PetroBloq

Petrobloq (www.petrobloq.com) will be the first Blockchain based platform developed exclusively for the supply chain needs of the Oil & Gas sector. The Upstream, Midstream and Downstream industries each have their own challenges and complexities. Petrobloq anticipates that its users will enjoy cost and time savings, increased transparency and the ability to mitigate the constantly evolving geopolitical atmosphere and market fluctuations. PetroBloq enjoys membership in the Enterprise Ethereum Consortium which is made up of 200 prominent members including major firms such as Accenture, BBVA bank, Deloitte and Microsoft. A subsidiary of Pemex was the first oil producer to join the Petroloq consortium.

ABOUT PETROTEQ ENERGY INC.

Petroteq Energy Inc. is a Canadian-registered holding company, publicly trading on the TSX Venture Exchange (PQE) and the OTCQX trading platform (PQEFF). Its offices are located in Toronto, Ontario, Canada, Los Angeles, California and its initial oil sands processing plant is in Vernal, Utah.

Petroteq is engaged in the development and implementation of its proprietary environmentally friendly heavy oil processing and extraction technologies. The proprietary process produces zero greenhouse gas, zero waste and requires no high temperatures. The Company is currently focused on developing its oil sands resources and expanding production capacity at its Facility at Asphalt Ridge, Utah. The Company also is developing through PetroBloq an advanced blockchain solution for the energy industry, with a goal of optimizing petrochemical industry workflow processes, (ii) has a joint venture with Recruiter.com and Oilprice.com that provides internet-based job placement and career services to the increasingly skilled and specialized energy sector, and (iii) owns a minority stake in an exploration and production play located in southwest Texas held by Accord GR Energy Inc.

About First Bitcoin Capital Corp

First Bitcoin Capital Corp (OTCM PINK: BITCF) began developing digital currencies, proprietary Blockchain technologies, and the digital currency exchange – www.CoinQX.com (in Beta) in early 2014. We saw this step as a tremendous opportunity to create further shareholder value by leveraging management’s experience in developing and managing complex Blockchain technologies and in developing new types of digital assets. Being the first publicly-traded cryptocurrency and BlockChain-centered Company, we provide our shareholders with diversified exposure to digital cryptocurrencies and BlockChain technologies.

Forward-Looking Statements

Certain statements contained in this press release may constitute “forward-looking statements.” Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as may be disclosed in company’s filings. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company’s views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date of the press release. Such forward-looking statements are risks that are detailed in the Company’s filings, which are on file at www.OTCMarkets.com.

Contact us via: info@bitcoincapitalcorp.com or visit http://www.bitcoincapitalcorp.com
Twitter @First_Bitcoin
Telegram: @OTC_BITCF

SOURCE: First Bitcoin Capital Corp.

TEL AVIV, ISRAEL/ ACCESSWIRE / January 30, 2018 / First Bitcoin Capital Corp (OTC PINK:BITCF), a prolific generator of cryptocurrencies and developer of BlockChain technology is launching its 2nd supply chain management partnership utilizing cutting edge enterprise BlockChain platform.

Our second partnership is with Empire Blockchain Corp., a subsidiary of a major Chinese agricultural concern – Yasheng Group.

“As a major Chinese agriculture business, Yasheng Group encountered an impediment: less-than-optimal agricultural supply chain channels. Already familiar with the intricacies of diverse agricultural businesses, Yasheng quickly recognized the business opportunity at hand. In its quest for a solution to overcome difficulties associated with the industry’s supply chain inefficiencies and bottlenecks, Yasheng subsidiary is partnering with First Bitcoin Capital to develop and operate an enterprise-grade, BlockChain-based platform called Agribloq (www.agribloq.com/- website in development) that will enable agricultural companies globally to conduct more transparent and efficient business transactions.

“AgriBloq will constitute the first BlockChain-based platform devoted entirely to serving agricultural industry supply chain needs. The project is designed to address the cost constraints industry participants’ face in fluctuating commodity prices. Yasheng expects Agribloq users will realize cost and time savings while benefiting from the increased transparency offered by the BlockChain, enabling them to more easily navigate the vicissitudes of an ever-evolving global market.”

Equipped with decades of diverse agricultural experiences, Yasheng Group expects its subsidiary, Empire Blockchain, to identify practical applications of Blockchain in the agriculture sector to capitalize on a more environmentally-friendly systems that will dramatically lower the cost per acre of production and delivery, from seed to consumer.

“As a company focused on the development and implementation of proprietary technologies for environmentally friendly farming, such as drip irrigation, we understand the importance of developing new technologies, especially BlockChain-based innovations, to help companies in our parent’s industry to get competitive advantage and cost efficiency,” commented Empire’s President Qing Qin Wu. Empire Blockchain Corp. is evaluating HyperLedger as a potential platform for developing of Agribloq. The hyperledger is an open-distributed ledger system that stores encrypted “blocks” of information over a worldwide connected network of anonymous computers. Because the network stretches over many computers, the “chain” making up the system’s “blocks” is distributed, or spread, over the network in a decentralized manner, meaning that it is not under the central control of any single entity, whether government, individual or company.

As new blocks are created, they are added to the chain linearly according to chronological order, enabling the BlockChain to grow indefinitely. All information added is recorded permanently and synchronized across all of the networked computers in the chain so that retroactive editing or alteration of entries is impossible. As a result, the data is “secure by design,” providing a publicly available, verifiable history of all past transactions.

Its robust transparency and resistance to alteration makes the BlockChain a powerful tool for records management activity involving any type of information including digitized assets. Given the heavily regulated nature of the agricultural industry, with a variety of government protocols and industry specifications related to environmental impacts, animal husbandry, soil rotation, food processing, taxation, etc., the BlockChain offers a secure method for completing tasks required under that framework. These could include real-time data sharing with regulators or exchanging information with joint-venture partners, suppliers, buyers and consumers.

The block chain’s transparency also provides a company’s managers or investors with the ability to audit its history, helping to avoid contract conflicts and adding efficiency to the due diligence process. By potentially saving time and eliminating contract snafus that could lead to millions of dollars in losses, the BlockChain will revolutionize the way business is done in the agricultural industry.

Another area of impact is the ability to reduce the damage caused by hacking attacks. In the wake of attacks on major industries, all industries may be seen as highly vulnerable on a global basis. The blockchain’s nature as a system that is synchronized and distributed makes it highly resistant to hacking.

“Agriculture companies could benefit from BlockChain technology for a range of applications, from optimizing efficiency to transparency in business transactions to securely storing inventory data on the BlockChain,” First Bitcoin Capital CEO Greg Rubin stated, “In the last few years, the industry has struggled with price volatility and production levels, which has led to cost-cutting efforts, reduced outputs and layoffs. These challenges have prompted many companies to rethink how they operate and to identify new ways to optimize supply chain management and transaction processing. As such, BlockChain is slowly gaining traction and will gain broader acceptance by the agriculture industry for its potential to fundamentally change the way certain transactions are conducted.”

“Agribloq is looking forward to leveraging a collective experience in the agricultural industry and with BlockChain technology to help solve the inherent difficulties and complexities up and down the industry,” Rubin stated.

In addition to this BlockChain initiative, Yasheng, via its subsidiary, Empire is expanding its financing capacities as First Bitcoin’s is organizing a Token Generation Event that will place 800 million HERB (coins) at Yasheng’s disposal which can be utilized as a payment system for the supply chain management systems and elsewhere.

About First Bitcoin Capital Corp

First Bitcoin Capital Corp (OTCMARKETS: BITCF) (NASDAQOTH:BITCF) (COIN:BITCF) began developing digital currencies, proprietary Blockchain technologies, and the digital currency exchange – www.CoinQX.com (in Beta). In late 2013 we saw this step as a tremendous opportunity to create further shareholder value by leveraging management’s experience in developing and managing complex Blockchain technologies and in developing new types of digital assets. Being the first publicly-traded cryptocurrency and blockchain-centered company, we provide our shareholders with diversified exposure to digital cryptocurrencies and blockchain technologies.

Forward-Looking Statements

Certain statements contained in this press release may constitute “forward-looking statements.” Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as may be disclosed in company’s filings. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company’s views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date of the press release. Such forward-looking statements are risks that are detailed in the Company’s filings, which are on file at www.OTCMarkets.com.

Contact us via: info@bitcoincapitalcorp.com or visit http://www.bitcoincapitalcorp.com

SOURCE: First Bitcoin Capital Corp.

TEL AVIV, ISRAEL / ACCESSWIRE / January 23, 2018 / First Bitcoin Capital Corp (OTC: BITCF) (the “Company”) announced today that it demonstrated ownership of its Primary Ethereum Wallet by sending 18.18 Alphabit (COIN:ABC) from its primary Ethereum Wallet to the Company’s test Ethereum wallet.

The Company previously announced that it would transfer the amount of 18.18 ABC tokens in order to demonstrate its control of Alphabit (COIN:ABC) which includes AlphabitCoinFund.com.

This is the primary Ethereum wallet owned by the Company:

https://etherscan.io/token/0x036407F23D5E1C1486F7488332CF54bf06E5F09F?a=0x8e7767f3523777f810d5ba3197a3bc10bf4b7f01

This is the transaction confirmation of the 18.18 ABC tokens sent yesterday:

https://etherscan.io/tx/0xddb390e625f6d28c24cbd09e42f6e012f8c440b4ac74622ac84fba5a2073257b

The Company previously demonstrated ownership of its 3 primary Omni Wallets holding more than 100 unique cryptocurrencies developed on and utilizing the Bitcoin Blockchain.

We believe that First Bitcoin Capital’s demonstrating ownership of it primary Ethereum wallet is a significant event in as much as it holds nearly 200,000,000 Alphabit (COIN:ABC) ERC20 Tokens, therein, with ABC trading on two active cryptocurrency exchanges, including the New Zealand exchange, https://www.cryptopia.co.nz/Exchange/?market=ABC_BTC as well as https://c-cex.com/?p=abc-btc.

It should be noted that as a result of the Company transferring ownership of its primary Omni wallet to Alphabit and with a limit of 210,000,000 Alphabit totally generated and outstanding, First Bitcoin Capital indirectly owns 95% of its first Omni Wallet through Alphabit.

About First Bitcoin Capital Corp

First Bitcoin Capital Corp is engaged in developing digital currencies, proprietary Blockchain technologies, and the digital currency exchange – www.CoinQX.com (in Beta). We see this step as a tremendous opportunity to create further shareholder value by leveraging management’s experience in developing and managing complex Blockchain technologies and in developing new types of digital assets. Being the first publicly-traded cryptocurrency and blockchain-centered company since early 2014, we provide our shareholders with diversified exposure to digital cryptocurrencies and blockchain technologies.

Cautionary Note to Investors

Investors and potential shareholders in the Company should carefully consider the high risks involved in speculating in our common stock both in the OTC markets as well as in the cryptocurrency markets and should be aware that the inventory of altcoins developed or maintained by the Company, while showing significant potential, is highly speculative and that such cryptocurrencies are extremely illiquid and only trade sporadically on small, foreign cryptocurrency exchanges.

Forward-Looking Statements

Certain statements contained in this press release may constitute “forward-looking statements.” Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as may be disclosed in company’s filings. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company’s views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date of the press release. Such forward-looking statements are risks that are detailed in the Company’s filings, which are on file at www.OTCMarkets.com.

Contact us via: info@bitcoincapitalcorp.com or visit http://www.bitcoincapitalcorp.com

SOURCE: First Bitcoin Capital Corp.

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