GameKarma will be an interest-based community that focuses on video gamers, the second one on the Nuvo network
Global Blockchain Mining Corp (CSE:FORK) (OTCMKTS:GBCHF) announced that its client, Nuvo Cash Ltd, is launching GameKarma, a new social media community on the Nuvo network.
GameKarma is the second such community on Nuvo’s blockchain network.
According to a press release from Nuvo, GameKarma will be an interest-based community that focuses on video gamers.
Global Blockchain first announced its partnership with Nuvo Cash in December 2018. As part of the partnership, the company will assist Nuvo Cash to develop the Nuvo blockchain network.
Nuvo’s network will act as a foundation for decentralized applications and social media communities that are immune to censorship and government interference, according to a statement from Global Blockchain.
Last December, Nuvo and Global Blockchain launched the first social media community, Jamaa, to address social media neutrality issues in African countries. The community has since built a network of more than 15,000 users across Africa and internationally.
“As more and more people are coming to resist traditional social media networks that are anything but neutral, the model of decentralized social media makes more and more sense,” Global Blockchain’s CEO Shidan Gouran said in a statement.
“We are very happy with the results our client has received so far with Jamaa, and we expect the initial stages of GameKarma and Nuvo Chat to see similar success.”
The company also added that with more use of the Nuvo blockchain network comes more use of the NUVO token, creating value for both companies and its shareholders.
The NUVO token is the blockchain network’s proprietary cryptocurrency. The sale of NUVO tokens being administered by FORK on behalf of Nuvo Cash remains live on the Korean exchange ProBit.
Nuvo Cash also announced that the Nuvo-based decentralized communications application Nuvo Chat was deployed to the blockchain on April 19. The company expects that Nuvo Chat’s user interface will be finalized by May 3.
Additionally, Nuvo Cash is planning to launch an interactive online gaming platform built on HTML5 as an additional dimension of the GameKarma brand. The beta version of the platform will be launched for single-player use by April 25, and the multi-player version will launch by July 1.
The platform will include integration on the Nuvo blockchain network, allowing players to engage in peer-to-peer competitions in which they can earn NUVO tokens.
On behalf of the Company:
Shidan Gouran, President and CEO
For more information please contact:
Global Blockchain Mining Corp. Investor Relations
About Global Blockchain Mining Corp.
With blockchain technology rapidly re-shaping the models of many companies, industries, and their business processes, Global Blockchain Mining Corp. (“FORK”) places a focus on the common needs of early-stage blockchain adopters. Originally founded with a focus on crypto-mining, FORK has recently diversified its offerings by placing an emphasis on professional services such as developing and administering launches of tokens and digital assets. Adapting to changes in blockchain technology, FORK is also now utilizing its computing power to provide consensus services, such as the operation of masternodes, servicenodes, and witnesses which are alternative methods to cryptocurrency mining for generating and acquiring digital assets. . Investors, through their investment in the Company, are provided with exposure to these tokens, cryptocurrencies and digital assets without the lengthy, and complicated process that interested investors must undergo in order to gain exposure to these cryptocurrencies and digital assets.
The Company is listed on the Canadian Securities Exchange (“CSE”) and its common shares trade under the ticker symbol “FORK”. Additional information relating to the Company is available on SEDAR at www.sedar.com, the CSE at www.theCSE.com as well as on the Company’s website at: www.forkcse.com.
Cautionary Note Regarding Forward-Looking Information
Forward-Looking Information: This news release includes certain statements that may be deemed “forward-looking statements”. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”,”may”, “will”, “would”, “project”, “should”, “believe” and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed onthe forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this News Release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com.