02:14:50 EDT Thu 23 Sep 2021
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Blockchain Foundry Inc
Symbol BCFN
Shares Issued 70,395,148
Close 2021-06-23 C$ 0.30
Recent Sedar Documents

Blockchain Foundry, Kibaa to develop NFT marketplace

2021-06-23 13:44 ET - News Release

Mr. Dan Wasyluk reports

BLOCKCHAIN FOUNDRY ENGAGED AS CONSULTING PARTNER FOR HOUSE OF KIBAA, A PIONEERING DIGITAL STUDIO CREATING EXTENDED REALITY NFTS

Blockchain Foundry Inc. has entered into a blockchain development agreement with House of Kibaa to build an exclusive extended-reality non-fungible token marketplace. House of Kibaa's team brings a unique and artistic perspective to NFTs and will develop an NFT marketplace on Syscoin LUX with the help of Blockchain Foundry.

"We are extremely happy to be working with a blockchain solution that has been in the space since 2014. Syscoin/Blockchain Foundry's wealth of experience not only provides us with solutions to our problems, but will also help pioneer the innovation of XR NFTs," said Jason Nguyen, chief executive officer of House of Kibaa.

As disclosed in its press release dated April 19, 2021, the company recently hired Fulvio Ciano to oversee all aspects of Blockchain Foundry's consulting practice and associated software delivery. Since then, the company has expanded its consulting team and reallocated other resources toward its product development initiatives.

As augmentation continues to expand and Blockchain Foundry's recent Syscoin update gains recognition in the industry, Blockchain Foundry has received much more attention from potential clients, acquiring new and significant partnerships, including House of Kibaa.

"Our consulting business has benefited from growing interest in new business opportunities enabled by advances in blockchain technology and increasing user awareness of its advantages," said Mr. Ciano, head of Blockchain Foundry's consulting practice. "We have seen a significant improvement in our consulting opportunities and the spectrum of projects we are engaged in."

About Blockchain Foundry Inc.

Blockchain Foundry develops and commercializes blockchain-based business solutions and provides consulting services to corporate clients seeking to incorporate blockchain technology into their businesses.

We seek Safe Harbor.

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