FGF 0.00% 18.0¢ first growth funds limited

Ann: Shareholder Update - September 2018, page-10

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    DIGITAL CURRENCY INVESTMENTS:

    1) EQI has successfully completed a US$4M pre-ICO funding.

    2) SovereignCash tokens have successfully been issued and the company are expecting them to list on the first exchange in the next couple of weeks. FGF raised US$2.25M for CryptoData Vault to further develop its hardware wallet and digital currency, SovereignCash. CryptoData Vault has developed a hardware wallet that can provide a fully compliant, secure and geo-fenced solution for trading digital currencies. FGF has a 50% interest in the company and 15.5% of all SovereignCash tokens. FGF is also in discussions with a couple of parties about a distribution channel for the CryptoData Vault hardware device.

    3) Acudeen continues to grow with customers using its platform and with the addition of new trading pairs and listing on new exchanges will further support the Acudeen token price. FGF is actively monitoring its investments and will sell its tokens as soon as practical and where there is sufficient liquidity.

    4) New Equity Investment ‘LINCD’ - With LINCD, enterprises can connect any digital currency and blockchain protocol to their existing software and legacy systems. They do this cost effectively, quickly and without the risk of hiring new developers or having to acquire a blockchain business.

    LINCD has developed a simple and elegant Blockchain as a Service solution for companies to blockchain enable their businesses.

    Blockchain as a Service (BaaS) is an offering that allows customers to leverage cloud-based solutions to build, host and use their own blockchain apps, smart contracts and functions on the blockchain while the cloud-based service provider manages all the necessary tasks and activities to keep the infrastructure agile and operational. It is an interesting development in the blockchain ecosystem that is indirectly aiding the blockchain adoption across businesses. It is based on, and works similar to, the concept of Software As A Service (SaaS) model.

    BaaS is when an external service provider sets up all the necessary “blockchain technology and infrastructure†for a customer for a fee. By paying for BaaS, a client pays the BaaS provider to set up and maintain blockchain connected nodes on their behalf. A BaaS provider handles the complex back-end for the client and their business.



    Is BaaS The Next Big Thing For B2B

    The Global Blockchain-as-a-Service Market to grow at a CAGR of 85.49% during the period 2018-2022.

    DYOR fellas

    I've set my buy order this morning.

    TOP UP TIME!!!!!!!!!!!!!!
 
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