AXS Blockchain Solutions Inc. Signs Letter of Intent to Develop ZUBX P2P Cryptocurrency Marketplace Platform


VANCOUVER, British Columbia, July 24, 2018 (GLOBE NEWSWIRE) — AXS Blockchain Solutions Inc. (“AXS Blockchain”) (CSE:BAXS) (FRA: C0B)is pleased to announce that it has entered into a letter of intent with Blockchain Foundry Inc. (CSE: BCFN) to create ZUBXTM, the world’s first Syscoin blockchain based peer-to-peer marketplace. ZUBXTM will allow traders to place sell orders for Bitcoin, Bitcoin Cash and Ethereum. Buyers will have the ability to engage directly with the sellers in a live instant messaging session to negotiate terms. ZUBXTM will act as an escrow agent for buyers and sellers by validating the fiat and cryptocurrency prior to each transaction.

AXS Blockchain has paid an initial deposit of US$200,000 to Blockchain Foundry, which amount will be held in trust by Blockchain Foundry to be credited against future costs associated with the development of the ZUBXTM platform.

About AXS Blockchain Solutions Inc.

AXS Blockchain is a blockchain solution provider that acquires and develops businesses devoted to enhancing the future of blockchain. Leveraging an extensive network of product development communities and digital media, AXS builds and creates partnerships with blockchain technology startups, that turn simple, innovative ideas into businesses supercharging the industry. AXS has engaged RockBank Capital Corp. to provide investor relations services on July 1, 2018, for a twelve-month term. Total compensation will be a cash fee payment totalling CAD$12,000. AXS has engaged 0868143 B.C. Ltd. to provide business development and media relations services on July 1, 2018, for a twelve-month term. Total compensation will be a cash fee payment totalling CAD$24,000. AXS has engaged Native Ads Inc. as their digital marketing agency and consulting firm on July 18, 2018, for a twelve-month term. Total compensation will be a cash fee payment totalling CAD$1,000,000. CAD$750,000 shall be allocated for digital advertising, paid distribution, and media buying over the course of the campaign period and CAD$250,000 shall be allocated for content creation, consulting, managed services and management fees over the course of the campaign period.

About AXS Blockchain Solutions Inc. (“AXS Blockchain”) (CSE:BAXS) (FRA: C0B)

Blockchain Foundry develops and commercializes blockchain-based business solutions and provides consulting services to corporate clients seeking to incorporate blockchain technology in their businesses. Blockchain Foundry has developed a proprietary blockchain-based e-commerce solution, Blockmarket, which is a downloadable software application and has begun development work on a Web-based Blockmarket application.

Forward-looking Statement

This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”, “forecast”, “may”, “schedule” and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to the proposed development of the ZUBX™ platform, AXS Blockchain’s relationship with Blockchain Foundry Inc., and other factors or information. Such statements represent AXS Blockchain’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by AXS Blockchain, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. AXS Blockchain does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.

Please See Disclaimer

Sponsored Crypto Content


1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on my research and understanding of the sector.

2) The Article was issued on behalf of AXS Blockchain Solutions Inc. The Article and its dissemination were paid for by AXS Blockchain Solutions Inc. Market Jar Media Inc. has or expects to receive payment from AXS Blockchain Solution Inc’s Digital Marketing Agency of Record (Native Ads Inc) in the amount of CAD $350,000 for 365 campaign days (262 business days). Neither Native Ads, Inc. nor Market Jar Media Inc., hold any securities of AXS Blockchain Solutions Inc., or any other company mentioned in this article. Principals and employees of Native Ads, Inc. and Market Jar Media Inc. do own securities of AXS Blockchain Solutions Inc., and may own (or may in the future acquire) securities of other companies mentioned in this article..

3) Statements and opinions expressed are the opinions of the author and not Market Jar Media Inc., its directors or officers. The author is wholly responsible for the validity of the statements. The author was not paid by Market Jar Media Inc. for this Article. Market Jar Media Inc. was not paid by the author to publish or syndicate this Article. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Market Jar Media Inc. requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Market Jar Media Inc. relies upon the authors to accurately provide this information and Market Jar Media Inc. has no means of verifying its accuracy.

4) The Article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Market Jar Media Inc.'s terms of use and full legal disclaimer as set forth here. This Article is not a solicitation for investment. Market Jar Media Inc. does not render general or specific investment advice and the information on Market Jar Media Inc. should not be considered a recommendation to buy or sell any security. Market Jar Media Inc. does not endorse or recommend the business, products, services or securities of any company mentioned on Market Jar Media Inc.