Toronto, Ontario--(Newsfile Corp. - January 17, 2023) - Graph Blockchain Inc. (CSE: GBLC) (OTC Pink: REGRF) (FSE: RT5A) (the "GBLC" or "Graph Blockchain") is pleased to announce that the Company's wholly-owned subsidiary, Optimum Coin Analyser, ("Optimum Coin"), has completed development of its trading software.
Optimum Coin is an AI driven analytics tool focused on predicting the price of Bitcoin. Optimum Coin continuously retrieves, observes, and analyses social media data using its AI SaaS coin trading research analytics engine to track influencers, monitor and provide sentiment relevance and predictive analysis while providing technical analysis.
The software was completed in October 2022 and just recently completed back testing. After rigorous back testing which held up under recent Bitcoin volatility with correlations as high as 98%, Graph Blockchain is now ready to move forward with the software.
The software will undergo hypothetical trading for a couple of weeks after which the Company will deploy trading with the software using an initial investment of $100,000.
"The company is thrilled to have completed the development of Optimum Coin's trading software. This has been a long-awaited project of ours and we are excited to be one step closer to launching. We will continue hypothetical trading testing and deploy the software for customers very soon. We believe this software will make an impact in the Bitcoin industry and we look forward to sharing more soon," said Paul Haber, Chief Executive Officer, and Chairman of the Company.
About Graph Blockchain
Graph Blockchain provides exposure to various areas of Decentralized Finance (DeFi). Focusing on altcoins through its wholly-owned subsidiaries Babbage Mining Corp., a Proof of Stake ("POS") miner, and Beyond the Moon Inc. an IDO focused company, Graph gives investors exposure to the vast emerging market of cryptocurrencies with the significant technological disruption and potential gains altcoins represent. Through its strategic acquisitions, Graph is assembling a collection of products and technologies that will lead the DeFi market and offer an unprecedented investment for shareholders.
For additional information on Graph Blockchain and other corporate information, please visit the Company website at www.graphblockchain.com.
For further information, please contact:
Paul Haber, Chief Executive Officer, and Chairman of the Company
Phone: (416) 318- 6501
This news release contains "forward-looking statements" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements.
Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". The forward-looking information and forward- looking statements contained herein include, but are not limited to, statements regarding: the proposed transaction and the business of Optimum Coin Analyser Inc. Forward-looking information in this news release is based on certain assumptions and expected future events. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the potential inability of the Company to continue as a going concern; the potential inability of Optimum Coin Analyser Inc. to continue as a going concern; the risks associated with the blockchain in general. Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions, or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.
Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect the Company's expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
The CSE does not accept responsibility for the adequacy or accuracy of this release.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
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