Saint Petersburg, FL, March 06, 2018 (GLOBE NEWSWIRE) -- Infrax Systems (OTC: IFXY), a global provider of Internet of Things, Blockchain technology consulting and ICO consulting services, announces shareholder update which includes its first two ICOs that the company has invested and providing ICO consulting services for.
The Company has signed agreements with two promising ICO; Nuvus Blockchain and Galleon Quest.
Nuvus.io - https://www.nuvus.io
Nuvus Blockchain is formed to build a global ecosystem called Global Exchange Platform for data, supply chain verification & industry wide global exchanges of services & products using distributive ledger technologies and trustless trust platforms for the agricultural industry initially focusing on the cannabis industry. Our mission involves introducing a trustless verification system on all supply chain & business transactions in the cannabis industry, providing growers, processors, distributors, retailers, doctors and users full transparency into the supply chain, from seed to user distribution, with decentralized private & public blockchain verification at every step. This will provide total transparency & auditability to all industry participants adding significant value to the industry. Nuvus is aiming to raise $35M to $100M in a token exchange, depending on market conditions.
Nuvus tokens are available worldwide with significant limitations in China, Singapore and USA. Any tokens sold in the USA will be based on an exemption under the Jobs Act Reg D 506 (c).
Nuvus began its ICO on February 10 and will be ongoing for 76 days or longer if necessary.
Galleon Quest
GALLEON QUEST IO (GQ) is an international investment group for the funding of treasure recovery projects from wrecks around the world. These wrecks will be, in GQs determination, the absolute best projects to fund. Selection of projects will be based on both historical research and scientific underwater surveys that have already physically located wrecks from which our experts believe valuable recoveries can be made. We expect to recover coins, bullion, precious gems and other antiquities, ranging from intact bottles of wine to cannons, which will add assets to back the ICO SEA Coins, raising the asset value of the GQ SEA Coin, while potentially increasing the value held by our SEA Coin holders, as well as a plan to buy back coins with a percentage of the recovery.
Galleon Quest has been successful in bringing onboard world renown advisors, explorers and marine archeologists. The Company is aiming to raise $5M to $80M in a token exchange, depending on market conditions.
Nuvus tokens are available worldwide with significant limitations in China, Singapore and USA. Any tokens sold in the USA will be based on an exemption under the Jobs Act Reg D 506 (c).
GALLEON QUEST will be starting its ICO by March 15, 2018 by accepting white list registration. Pre ICO tokens have been partially sold out to accredited investors in the USA.
IFXY is very diligent in negotiating the regulatory environment and complexities and only offers the tokens to accredited investors in the United States if the tokens are deemed to be considered security.
Prutus Crypto Exchange
We have been discussing opening a global crypto exchange initially for our clients. We are developing that idea as we progress. We will be working on a prototype next few weeks. We are planning to offer the exchange’ ability first to our ICO companies as a service which will give them added liquidity. We believe the market for global crypto trading platforms will expand exponentially as crypto becomes mainstream. The market for such services may in fact someday be close to global stock exchange trading value. For IFXY the biggest value comes in offering the exchange as service to our clients. Prutus will be complying with all regulatory guidelines in the United States and other countries.
MoMu
Nuvus Corp has been building grow containers for almost two years now with great success. Since the booming of crypto and their related value and the mining possibilities for bitcoin, ether, dash, monero and other platforms, we are having Nuvus to start building what we call "MoMu" or Mobile Mining Units for Crypto Corp to market and sell and possibly mine ourselves. So far, we have finalized the specks on the units, and we are in the design mode which should have a complete prototype shortly. Nuvus is building this for IFXY using their tried and true technology.
About IFXY
IFXY invests in crypto assets, provides blockchain technology consulting, ICO process consulting services and tokenization of assets.
To request further information about Infrax, please email us at info@infraxinc.com, log onto our website at http://www.infraxinc.com or http://www.crytocurrencycorp.com visit us at our Facebook page https://www.facebook.com/infraxsystems or on Twitter @realcryptocorp.
Forward-Looking Statements
This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets. This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
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