Global Blockchain Announces Initial Developments of Laser Crowdsale

After the commencement of the crowdsale for the Laser network on September 3, the Company has established firm interest from several institutional investors for participation in the sale. Further, partnership interest has been obtained with infrastructure providers for the operation of service-nodes on the Laser network. Individuals who have made submissions on Laser’s investors page will be contacted in the coming week to undertake the next steps in participating. 

GLOBAL BLOCKCHAIN TECHNOLOGIES CORP. (CSE: BLOC, BLOC.CN, BLOC.CNX) (FSE: BWSP) (OTC: BLKCF) (“BLOC” or the “Company”) announces that it has made several key developments since the Laser network’s crowdsale began on September 3rd. Over the course of the previous week, the Company began a roadshow in Europe to generate interest from investors and infrastructure providers. The result of this, combined with existing investor relations efforts, has resulted in confirmed interest from several institutional investors for participating in the crowdsale, as well as numerous infrastructure providers in the blockchain network space for operating service nodes. Such providers were screened based on their technical resources, and their reputation for reliably providing similar services to others in the blockchain space. The roadshow will continue with stops in Asia, with many more prospective investors and infrastructure providers known in this region.

Starting this week, individuals who have registered their interest in the Laser network’s crowdsale on the Investors page will be contacted to begin the next steps for their investment.

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The Laser network’s crowdsale is open to most investors worldwide, with the following three regional exceptions which may restrict some investors:

  • Investors from the United States must be accredited under the SEC’s accredited investor criteria;
  • Investors from Canada must be accredited under the accredited investor criteria of their province’s securities commission; and
  • Investors from the European Union must be accredited under the criteria set out in MiFID.

Further, for compliance, all investors will be required to provide both government-issued photo identification and proof of residency (property tax assessment, utility bill, etc.).

The crowdsale will lay the groundwork for the establishment of Laser Technologies Corp., as a governance organization for the Laser network until the network’s voting process moves onto the blockchain network. With the blockchain space still ripe for disruption by Laser’s SWIFT-like abilities, this organization will play a key role in ensuring that the Laser network and its stakeholders are given a robust offering of resources to promote the operation of the network in a sustainable and growth-oriented manner. Prospective investors who have not yet registered their interest, they may do so at www.laser.xyz/investors.

On behalf of the Company:

Shidan Gouran, President and CEO

[email protected]

For more information, please contact:

IRTH Communications, LLC

[email protected]

800-689-8089

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