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Las Vegas, NV, Oct. 04, 2018 (GLOBE NEWSWIRE) -- RocketFuel Blockchain Inc. (OTC-RKFL) has selected “fabulous Las Vegas” to kickoff its operations. “While having been incorporated in Nevada since inception, we are soon to set up primary operations and testbed in Las Vegas,” CEO Gert Funk stated. “Las Vegas has remarkable advantage in that it is quite near to the computer talent pool that we need, while being far less expensive than Silicon Valley, thus improving our efficient use of launch resources.”

RocketFuel Blockchain will immediately advance its planned development of the world’s first blockchain based instant checkout platform. This initial software development effort is expected to conclude with a full working platform ready for durability testing with real blockchain eCommerce transactions. It is expected that the initial release product will exceed MVP standards and is planned to be used to demonstrate full viability to standards required by active eCommerce merchants.

“We are proud to join the Las Vegas Tech Community and we look forward to the very good resources that have developed over recent years. For several years, Las Vegas has not only been an eCommerce and startup community, but additionally has been at the heart of early blockchain activity in the U.S.,” Funk continued.

Since 2013, Tony Hsieh and the Las Vegas tech community have put forth great efforts and capital to incubate a “tech scene” in downtown Las Vegas and the broader metropolis in general. While the downtown project did not take off precisely as originally envisaged, it did nevertheless leave Las Vegas with some foundation for start-ups in ecommerce and the city remains amenable for start-ups wanting to call it home. As RocketFuel Blockchain’s primary operations relate to efficiency in ecommerce, Las Vegas is a natural home. Las Vegas “Startup Weekend” is scheduled for November 16-18 this year and RocketFuel plans to be there to participate. More details can be found at vegastech.com.

Lisa Morgan of Information Week reports why IT professionals move to Las Vegas and the advantages of great living there. RocketFuel Blockchain agrees that attracting great IT talent for considerably less cost is a primary advantage for locating operations in Las Vegas. Indeed, if you are an ecommerce and IT professional, RocketFuel Blockchain invites you to contact us now regarding career opportunities. Please send inquiries to jobs@rocketfuelblockchain.com

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/5957a79d-3954-4486-a307-27e620d36438

About RocketFuel Blockchain

RocketFuel Blockchain Inc. (the “Company”) is developing technology to bring highly efficient check-out systems to eCommerce. These new check-out systems are based on blockchain technology and are designed to increase speed, security, and ease of use. RocketFuel believes that users of its technology will be able to enjoy seamless check-out and forget about the clunky cart paradigm of the past. Merchants will be able to implement new impulse buying schemes that may be unavailable in present day eCommerce sites. More information about RocketFuel is available at: rocketfuelblockchain.com.

Forward-Looking Statements

The Company believes that this press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Terms such as “may,” “might,” “would,” “should,” “could,” “project,” “estimate,” “pro-forma,” “predict,” “potential,” “strategy,” “anticipate,” “attempt,” “develop,” “plan,” “help,” “believe,” “continue,” “intend,” “expect,” “future,” and terms of similar import (including the negative of any of these terms) may identify forward-looking statements. Such forward-looking statements, including but not limited to statements regarding the plans and objectives of management for future operations, are based on management’s current expectations and are subject to risks and uncertainties that could cause results to differ materially from the forward-looking statements. Actual results and the timing of certain events and circumstances may differ materially from those described by the forward-looking statements as a result of these risks and uncertainties. Factors that may influence or contribute to the accuracy of the forward-looking statements or cause actual results to differ materially from expected or desired results may include, without limitation, market acceptance of the company’s products and services; competition from existing products or new products that may emerge; the implementation of the company’s business model and strategic plans for its business and our products; estimates of the company’s future revenue, expenses, capital requirements and need for financing; current and future government regulations; and developments relating to the company’s competitors. Readers are cautioned not to place undue reliance on forward-looking statements because of the risks and uncertainties related to them. For further information on such risks and uncertainties, you are encouraged to review the Company’s filings with the Securities and Exchange Commission. The Company assumes no obligation to update any forward-looking statements as a result of new information or future events or developments, except as required by law.


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