Bluesky Digital Assets Corp. reports developments tied to its artificial intelligence, blockchain and Web3 business initiatives. Company updates describe the BlueskyINTEL platform, a web platform for businesses adopting emerging digital technologies, and ChessGold Inc., an online chess gaming platform supported by Bluesky funding and business-services assistance.
Recurring news also covers non-brokered private placements, unit issuances, stock-option disclosures, governance corrections and other capital-structure matters. Operating updates include platform launches, user activity categories and the use of financing proceeds for AI development, online gaming endeavors and working capital.
Bluesky Digital Assets Corp. (CSE: BTC) (OTCQB: BTCWF) has announced a non-brokered private placement offering of up to 4,850,000 Units at C$0.05 per Unit, targeting gross proceeds of up to C$242,500. Each Unit includes one common share and one purchase warrant exercisable at C$0.06 for 24 months. The company plans to use proceeds for marketing its blockchain platform, developing its AI division Bluesky INTEL, and working capital. Additionally, the company will settle C$210,000 in debt through issuing 3,500,000 common shares at C$0.06 per share.
Bluesky Digital Assets Corp. (CSE: BTC) (OTCQB: BTCWF) has announced significant enhancements to its BlueskyINTEL Web Engagement Platform (WEP), focusing on new business functionality to support monetization plans. The platform, which leverages Artificial Intelligence (AI) and Blockchain (BC) technology, has reached a strategic release milestone following its soft launch on July 2, 2024.
Key updates include:
- Launch of project management, calendaring, and file storage/sharing functions
- New feature allowing business users to invite Solution Providers for professional services engagements
- Improved AI-powered matchmaking service for businesses and solution providers
The company continues to track against its internal roadmaps and has received positive feedback during the soft launch period. Bluesky is also exploring strategic alignment with AWS for AI Generative Services deployment.
Bluesky Digital Assets Corp. (CSE: BTC) (OTCQB: BTCWF) has announced several key updates:
1. The company has engaged a third-party evaluator to assess the market value of its AI-Powered B2B/C2B Matchmaking Service, BlueskyINTEL.com. This valuation is part of Bluesky's strategy to pursue acquisition targets and expand its AI business plan.
2. The Business and Technical Roadmap for BlueskyINTEL is progressing as scheduled, with additional modules planned for release in the next quarter.
3. Bluesky has settled $326,000 CAD in debt through the issuance of 6,520,000 Common Shares at $0.05 CAD per share. This includes a $100,000 CAD loan payable and $226,000 CAD owed to consultants.
Bluesky Digital Assets Corp announced a 7:1 share consolidation effective June 7, 2024. Consequently, its OTC Markets trading symbol changed from 'BTCWF' to 'BTCWD' in the U.S. The symbol 'BTC' on the Canadian Securities Exchange remains unchanged. Additionally, Bluesky entered a debt settlement agreement with a third-party consultant for $100,000 CAD, to be settled by issuing 1,000,000 Common Shares at $0.10 CAD per share.
Bluesky Digital Assets Corp. (CSE: BTC, OTCQB: BTCWF) announces a share consolidation approved by its Board of Directors. The consolidation converts every seven pre-consolidation common shares into one post-consolidation share, effective June 7, 2024, pending approval from the Canadian Securities Exchange. Post-consolidation, 25,172,726 shares will be outstanding, down from 176,209,084. This move, aimed at recapitalizing and attracting strategic acquisitions in the AI space, will adjust the exercise or conversion prices proportionately. The new shares will trade under the same symbols but with new CUSIP and ISIN numbers.
Bluesky Digital Assets Corp. reported the results of its Annual General Meeting (AGM), including the appointment of auditors, approval of stock option plan, share consolidation, and election of directors. Out of 169,200,196 eligible shares, 68,650,274 voted. The also settled a debt of $45,200 CAD through issuing 2,008,889 Common Shares at $0.0225 CAD each.
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