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BioPower Operations Corporation (OTC Pink: BOPO) is changing its name to HYFI Corp, pending FINRA approval. CEO Troy MacDonald will present at the Emerging Growth Conference on March 16, 2022, from 11:00 AM to 11:30 AM Eastern Time. This live presentation allows investors to engage with the CEO in real-time, with a Q&A session afterwards. Investors unable to attend can access an archived webcast later. HYFI Corp focuses on CeDeFi technologies and aims to innovate financial services within a supportive ecosystem.
BioPower Operations Corporation, soon to be renamed HyFi Corp (OTC Pink: BOPO), announced plans to sell up to 100,000 HyFi NFT Series 1 Vaults at $1,500 each, potentially generating $150 million. Each Vault will contain assets such as HyFi Pro memberships, HyFi Tokens, and vouchers for future offerings. One in five Vaults will have a minimum value of $10,000. The initial bulk sale of 300 Vaults aims to support an upcoming Initial License Offering (ILO) on the planned HyFi DeFi Marketplace.
BioPower Operations Corporation (OTC Pink: BOPO) announced that its subsidiary, HYFI Corp., has executed a listing agreement to list its HyFi Token on Bitmart.com, a major U.S. cryptocurrency exchange, with a daily trading volume of $1.5 billion. The token will be available for deposits on November 3, 2021, and trading begins November 4, 2021. The HyFi Token is crucial for the upcoming NFT Marketplace and Initial License Offering (ILO), with purchases starting on or before November 22, 2021. The token's total supply is limited to 500 million.
BioPower Operations Corporation (OTC Pink: BOPO) has announced the pre-launch of its NFT Blockchain Marketplace through its subsidiary, HYFI Corp. The platform aims to serve three functions: allowing investors to earn income via fixed returns from fractional licenses, enabling IP and technology owners to raise capital, and providing a revenue stream for brokers. The decentralized finance (DeFi) exchange will also use the HyFi Token as a governance and transaction fee payment token. The company plans to rebrand as HYFI and change its stock symbol.
BioPower Operations Corporation (OTC Pink: BOPO) announced the acquisition of assets related to the HyFi blockchain technology under an Asset Purchase Agreement, which closed on June 29, 2021. The sellers paid $300,000 to facilitate BioPower's transition to a fully reporting status with the SEC. Additionally, BioPower received 400 million HyFi Tokens and agreed to issue 900,000 Series C convertible preferred shares, convertible into 405 million common shares after one year. New executive appointments were also announced.