Mr. Dan Wasyluk reports

BLOCKCHAIN FOUNDRY ANNOUNCES NFTGEN AND LASTKNOWN, PROPRIETARY TOOLS TO HELP ARTISTS CREATE, DEPLOY AND SELL NFTS

Blockchain Foundry Inc. has provided an update on its NFT (non-fungible token) initiatives.

As disclosed in the company's press releases dated March 3, 2021, and May 18, 2021, Blockchain Foundry has increased its focus on product development and has augmented its team to reflect this increased focus. One of the company's core areas of focus is the non-fungible token market. Blockchain Foundry is focusing on three products within the NFT space:

1) NFTGen -- a technology pipeline for marketing, deploying and minting NFT offerings:

• NFTGen automates and simplifies the process of converting static images to fully deployed NFTs that can be directly minted by users on any EVM-compatible (earned value management) blockchain.
• NFTGen can be used to deploy Blockchain Foundry-created NFTs, as well as within consulting initiatives. Blockchain Foundry has already leveraged the technology within its consulting practice to help House of Kibaa sell approximately $6.2-million worth of NFTs in less than 40 minutes. Blockchain Foundry also has plans for metaverse-enabled NFTs using this technology.
• Within the consulting pipeline, Blockchain Foundry's model is to partner with clients on a revenue-sharing basis for collections that have a high probability of successfully being marketed and sold to end-users. In these arrangements, Blockchain Foundry's profit margins are much higher than they would be following a standard hourly or fixed-bid pricing model.
• Certain Blockchain Foundry employees have jointly developed NFTGen's technology with a third party contractor that is assisting Blockchain Foundry with its NFT initiatives. The company anticipates that it will acquire all of NFTGen's technology and pipeline in Q4 2021 through a revenue-sharing agreement with the creator of the technology.

2) LastKnown marketplace -- a white-glove service for content creators to bring NFTs to market expedited by Blockchain Foundry's proprietary technology pipeline:

• LastKnown is a curated NFT marketplace for artists and content creators and incorporates a loyalty ecosystem backed by unique NFTs launched by Blockchain Foundry called NFKeys.
• LastKnown will provide a white-glove service for helping creators bridge the gap between raw creative materials and a deployed NFT offering.
• It is initially launching on the Fantom blockchain and expanding to ethereum and Syscoin blockchains in short order.
• Blockchain Foundry will receive a percentage of revenue from all NFT drops that occur through the platform and will also earn a percentage of all secondary sales.
• All artist drops will be delivered through Blockchain Foundry's fully owned LastKnown NFT marketplace, expected to launch in January, 2022, on the LastKnown website, with curated NFT content and secondary sales of NFTs minted through the platform. LastKnown helps artists bridge the gap between raw creative content and in-market NFTs.

3) NFKeys Web3 NFT loyalty platform -- a Web3 loyalty platform backed by NFTs focused on creating a networked loyalty system across multiple decentralized blockchain-based platforms:

• NFKeys is a tiered Web3 loyalty platform backed by unique NFTs being launched by BCF.
• NFKeys will include:
  • Member-only airdrops from Blockchain Foundry and other content creators;
  • Invites and exclusive access to events and parties in the real world and the metaverse;
  • Games, hunts and puzzles for rewards;
  • Discounts, perks and exclusives on partner sites and applications.

Blockchain Foundry expects to launch LastKnown and NFKeys in Q1 2022 and will provide further updates as the platforms progress. Users who are interested in receiving specific product updates are encouraged to check the LastKnown and NFKeys websites for more information.

About Blockchain Foundry Inc.

Blockchain Foundry develops and commercializes blockchain-based business and consumer solutions, with a focus on infrastructure for digital assets and NFTs. Blockchain Foundry also provides blockchain consulting services to corporate clients.

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