Business
First Bitcoin Capital Corp Acquires 4,110,504 Coins Known as the Internet of Money (XOM) From Active CrowdSale
First Bitcoin Capital Corp Acquires 4,110,504 Coins Known as the Internet of Money (XOM) From Active CrowdSale.
About this update from First Bitcoin Capital Corp.
[{"type":"text","content":"VANCOUVER, BC / OTCMARKETS NEWS SERVICE / May 8, 2017 / CoinQx Exchange LIMITED, a wholly owned subsidiary of FIRST BITCOIN CAPITAL CORP (OTC:BITCF) or “Company”, “We”, “Us” or “Our”) acquired 4,110,504.06746 “Internet of Money” under the cryptocurrency symbol “XOM” from the newest Initial Coin Offering (ICO) found on the cryptocurrency markets this weekend.\n\nWe were able to make this acquisition utilizing 1,000,000 TESLA COIL COINs (TESLA) from our inventory of earned TESLAs.\n\nNot unlike many of the cryptocurrencies that First Bitcoin Capital Corp has generated, including its first ICO -Altcoin (ALT), the Internet of Money (XOM) coins ride on the rails of the Bitcoin Blockchain utilizing the Omni Layer Protocol.\n\nAs a result of this crowd-sale acquisition, we will cause XOM to trade against more than 100 crypto and fiat currencies on our COINQX Exchange. The crowd sale can be found via http://www.xom.money \n\nThis is our first of many purchases of an ICO and we believe that the potential for branding in this new coin is substantial due to the fact that Bitcoin has been touted as the Internet of Money by prominent blockchain experts such as Andreas M. Antonopoulos who wrote a popular book bearing the same title.\n\nThe phenomenon of emerging ICO popularity can be seen in the recent success of Gnosis which sold out in 12 minutes utilizing a Dutch auction. Riding on the rails of the Ethereum Blockchain, GNO claims to be a network where one can speculate on anything with an easy to use prediction market and already wields a hefty market cap of $117 million US dollars just in the float and over $1 Billion total market value.\n\nAn up and coming ICO that promises great success has attracted the backing of billionaire Tim Draper which is being created by Tezos Foundation in conjunction with Dynamic Ledger Solutions, Inc. The token is called a Tez (XTZ) which will ride on the Tezos Blockchain utilizing a self-governing ledger -when there are many XTZ, they will bear the cute nickname -Tezzies (tay-z-eez). \n\nAbout The Company\n\nFirst Bitcoin Capital Corp is engaged in developing digital currencies, proprietary Blockchain technologies, and the digital currency exchange- www.CoinQX.com. We see this step as a tremendous opportunity to create further shareholder value by leveraging management's experience in developing and ma...