San Juan, PUERTO RICO, July 13, 2020 (GLOBE NEWSWIRE) — through NEWMEDIAWIRE — BOTS, Inc. (OTC: BTZI) (GERMAN EXCHANGE: M06.SG), an rising innovator of merchandise, applied sciences, and providers for the quickly rising digital robotic automation and manufacturing trade, introduced right now that it purchased a majority of First Bitcoin’s digital and crypto property and associated applied sciences.
Bots, Inc. and First Bitcoin will now start to enter into long-term service and undertaking improvement agreements, offering dependable and cost-advantaged product improvement providers for all kinds of tasks together with Synthetic Intelligence and Machine Studying. BTZI and BITCF collectively have important experience and capabilities that can ship operational efficiencies and alternatives for development and profitability over time combining digital robotics with blockchain to enhance safety and consumer pleasant purposes.
BOTS, Inc. and First Bitcoin are working intently to make sure a seamless transition. The Asset Buy transaction was closed on May 14th 2020 together with however not restricted to the next BITCF property:
Minority possession pursuits in:
– SinglePoint, Inc.,
– Medical Hashish Fee Options, Inc.,
– Petroteq Vitality, Inc.,
– Digital Asset Financial Community, Inc.,
– Kronos Superior Applied sciences, Inc.,
– Tipestry, Inc.; (PRIVATELY OWNED)
Subsidiaries transferred from First Bitcoin Capital Corp., included however weren’t restricted to:
CoinQx Trade Restricted,
First Bitcoin Capital LLC.,
D’BOT Expertise Corp.;
Included within the transference have been tons of of Web domains beforehand owned by First Bitcoin Capital Corp. together with however not restricted to altcoinmarketcap.com;
$1,250,000 in face value Convertible Promissory Notes issued by Kronos Superior Applied sciences to First Bitcoin Capital LLC.;
US Patent 9,135,781 B1 Bitcoin Kiosk/ATM System and System Integrating Enrollment Protocol and Methodology of Utilizing the Identical;
US Patent Utility 2018/0315072 A1: Methodology and System of Facilitating Administration of Cryptocurrency Primarily based Loyalty Factors Related With One or Extra of a Product and a Service;
The vast majority of the stock of greater than 100 digital cryptocurrencies beforehand owned by First Bitcoin Capital Corp. Essentially the most important of the transferences of cryptocurrencies to Bots Inc. included however weren’t restricted to the bulk possession of First Bitcoin, a cryptocurrency based mostly on a singular blockchain just like an improved model of Litecoin and President Trump, a commemorative crypto election coin. Each these cash commerce on Livecoin.web with BIT included on the premier web site for monitoring of cryptocurrencies at https://coinmarketcap.com/currencies/first-bitcoin/
In exchange for the acquisition of those property, BOTS, Inc. issued 100,000,000 of its shares of widespread stock and 30,000,000 Sequence A Most well-liked stock to First Bitcoin Capital, with a pledge to concern an extra 60,000,000 shares of Sequence A Most well-liked upon reaching sure milestones.
All Sequence A Most well-liked shares are to be retained by First Bitcoin Capital Corp. The 100,000,000 million shares of widespread stock are to be distributed to the shareholders of First Bitcoin Capital, the place every shareholder shall obtain 1 share of BTZI widespread stock for each four shares of First Bitcoin Capital stock owned with any remaining shares to be retained by First Bitcoin Capital Corp. upon a file date being set by First Bitcoin Capital Corp.
As the biggest shareholder of BOTS Inc., two members of First Bitcoin’s administration crew are anticipated to hitch the BOTS, Inc.’s board of administrators.
Additional particulars about these property could be reviewed in First Bitcoin’s voluntarily withdrawn SEC 20F submitting: https://secfilings.nasdaq.com/filingFrameset.asp?FilingID=13835398&RcvdDate=1/8/2020&CoName=FIRST%20BITCOIN%20CAPITAL%20CORP.&FormType=20FR12G&View=html
Robotic Automation in manufacturing is driving US development. Based on a survey lately launched by Boston Consulting Group, corporations that promote items within the US and plan so as to add manufacturing capability, plan so as to add that capability within the US greater than in every other nation. One driver of this shift, in line with the survey, could be attributed to will increase in automation expertise. This contains robotic automation in manufacturing. Will increase in automation mixed with different benefits equivalent to expert labor, provide chains, and buyer proximity are driving corporations to carry or return their manufacturing to the US.
Industrial robots have been round for over 40 years and have superior robotic automation in manufacturing. However, in line with BCG, 90% of all duties in manufacturing are nonetheless carried out manually.
“There’s no question industrial robots have had a large impact but we believe in the coming post pandemic times, there will be even larger opportunities and markets to develop which will extensively expand into digital robotics enhancing the maturing Internet and the Blockchain revolution. We are on a 4th generation of automation – what is known now as ‘Industry 4.0’,” commented Paul Rosenberg – BOTS, Inc. CEO.
About First Bitcoin Capital Corp
First Bitcoin Capital Corp (OTC:BITCF) is the biggest shareholder of Bots, Inc. because of exchanging nearly all of its property therefor, however started creating digital currencies, proprietary blockchain applied sciences, and the digital foreign money exchange – www.CoinQX.com (in Beta) in early 2014. We noticed this step as an incredible alternative to create additional shareholder value by leveraging administration’s expertise in creating and managing advanced blockchain applied sciences and in creating new varieties of digital property. Being the primary publicly-traded cryptocurrency and blockchain-centered firm, we offer our shareholders with diversified publicity to digital cryptocurrencies and blockchain applied sciences.
The Firm started creating its personal blockchain and cryptocurrency referred to as First Bitcoin in 2016. Previous to transferring nearly all of this asset to Bots, Inc., the Firm up to date the BIT pockets and added extra performance. Customers are in a position to generate BIT by the processes of POW and POS mining. The First Bitcoin cryptocurrency has a present provide of 20,707,629,255 BIT. It’s at present buying and selling on LIVECOIN.web with its explorer at www.explorer.bitcf.web.
Contact us through: [email protected] or go to www.firstbitcoin.io
observe us on Twitter; @1stBitCapital
observe us on Linkedin: https://www.linkedin.com/firm/first-bitcoin-capital-corp
observe us on FaceBook: https://www.fb.com/BITCF/
About BOTS, Inc.
Headquartered in San Juan, Puerto Rico, BOTS, Inc. – publicly traded on the OTC Markets beneath the image (BTZI) and on Börse Stuttgart beneath ticker (M06.SG) – is a diversified firm creating and servicing blockchain options and robotics for its clientele. The Firm is dedicated to drive the improvements wanted to form the way forward for digital robotic automation administration by digital expertise and decentralized blockchain options. Administration is devoted to the sturdy development of Distributed Asset Expertise and Robotic Course of Automation (RPA).
Bots, Inc. has been featured in media nationwide, together with CNBC, Bloomberg, TheStreet.com. For extra info, go to http://www.bots.bz
Go to us on Fb @ https://www.fb.com/Bots.Bz/
Comply with us on Twitter @Bots_bz
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