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BLAQCLOUDS INC - BCDS STOCK NEWS

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Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of BLAQCLOUDS's position in the market.

Rhea-AI Summary

BLAQclouds (OTC: BCDS) has announced the launch of its first liquidity pool on BLAQlp.io featuring the debut of the BLAQ token on Ethereum and ZEUS blockchains. The launch date will be announced 24 hours in advance. The platform enables funders to contribute to non-custodial liquidity pools using any EVM-compatible token, with DiVinciPay serving as a cross-chain payment conduit. BLAQlp.io's Automatic Market Maker (AMM) formula showed an average 20x increase over a 10-day cycle during testing. The platform also rewards liquidity pool funders with 2x tokens if the pool value reaches 10x. This beta launch is part of a partnership with ZEUS Blockchain Partners and marks the official rollout of BLAQlp.io. CEO Marjorie Schaefer expressed excitement for the token launch, aligning with the company's vision for future growth.

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Rhea-AI Summary

BLAQclouds (OTC: BCDS) has launched version 1 of BLAQlp.io, a DaPP enabling private funds and accredited investors to participate in an open-source protocol for non-custodial liquidity on Ethereum and ZEUS Blockchains. The platform's AMM formula showed a 20x average increase per 10-day cycle during testing. BLAQclouds also provided an update on its acquisition of ZEUS Blockchain Partners, expected to close by Q3 2024. ZEUS has launched a Layer 1 Proof of Authority EVM chain, integrated with DiVinciPay and featuring an NFT minting engine. The company plans to launch ZEUSx.io, a DEX multi-chain swap solution, in the coming week.

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BLAQclouds, Inc. (OTC: BCDS) has announced its intent to acquire ZEUS Blockchain Partners, Inc. through a SAFE Agreement, with a 90-day exclusive period to complete the transaction. ZEUS has developed zeuschainscan.io, a Layer 1 Ethereum Virtual Machine (EVM) chain, and integrated the ZEUS Token as a settlement token for cryptocurrency payments. The acquisition includes innovative features such as:

1. An automated alert service for wallet holders
2. ZEUSx.io, a multi-chain swap solution (coming soon)
3. ZEUSbridge.io, a cross-chain swapping application (coming soon)

BLAQclouds has also integrated its BLAQ Token with the DiVinciPay merchant platform and launched new cryptocurrency-based websites to reflect its Web3 initiatives.

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partnership acquisition
Rhea-AI Summary

BLAQclouds, Inc. (OTC: BCDS) has engaged ZEUS Blockchain Partners to develop and manage the 'BLAQ' token, which will operate on both Ethereum and ZEUS blockchains. The token, with a total supply of 500 million, will be used to fund liquidity pools on the ZEUS Chain and integrate with the DiVinciPay merchant platform. Key details include:

  • Symbol: BLAQ
  • Networks: ERC20 and ZRC20
  • Planned price: $0.01 per token
  • Pre-launch price: $0.005 per token

ZEUS will implement Web3 functionality for seamless purchases and token delivery to EVM wallets. CEO Marjorie Schaefer expressed excitement about the potential for additional growth opportunities for BLAQclouds and its shareholders.

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Rhea-AI Summary

Blaqclouds Inc. (OTC: BCDS) has launched a groundbreaking blockchain-based AI enterprise, aiming to revolutionize data collection for blockchain operations. This initiative leverages decentralization and artificial intelligence to enhance real-time data scraping and compilation, offering improved data security, operational efficiency, and cost-effectiveness.

The company is positioning itself at the intersection of two rapidly growing markets: blockchain (projected to reach $39.7 billion by 2025) and AI (expected to expand at a CAGR of 40.2% from 2021 to 2028). This strategic move places Blaqclouds Inc. alongside industry leaders like IBM and Microsoft in the blockchain AI solutions space.

CEO Marjorie Schaefer emphasized that this launch marks a significant step towards creating a suite of new BlaqClouds technologies. The company will showcase its initial capabilities and strategic benefits through a virtual event, with registration available at BlaqClouds.io.

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FAQ

What is the current stock price of BLAQCLOUDS (BCDS)?

The current stock price of BLAQCLOUDS (BCDS) is $0.0013 as of September 6, 2024.

What is the market cap of BLAQCLOUDS (BCDS)?

The market cap of BLAQCLOUDS (BCDS) is approximately 626.6K.

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