Blaqclouds, Inc. (OTC: BCDS) Completes Acquisition of ZEUS Blockchain Partners, Inc.
Blaqclouds (OTC: BCDS) has completed the acquisition of ZEUS Blockchain Partners from DMS Technology. The deal, valued at $750,000, was executed through a convertible promissory note with 6% annual interest and a conversion price of .00825. The acquisition includes 100% of ZEUS's outstanding shares (100,000,000 shares).
The transaction brings several key blockchain assets under Blaqclouds' control, including: ZEUSChainScan.io (Layer 1 EVM blockchain), ZEUSx.io (Layer 2 DEX), ZEUSNFTx.io (NFT minting engine), ZEUSxPay.io (crypto payment plugin), ShopwithCrypto.io (retail application), TheAlley.io (media platform), and AmpleSwap.com (multi-chain DEX). Additionally, Blaqclouds acquired over 1,000 blockchain-based domains for future DApp development.
Blaqclouds (OTC: BCDS) ha completato l'acquisizione di ZEUS Blockchain Partners da DMS Technology. L'affare, del valore di $750,000, è stato eseguito tramite una nota di prestito convertibile con un interesse annuo del 6% e un prezzo di conversione di .00825. L'acquisizione comprende il 100% delle azioni in circolazione di ZEUS (100.000.000 di azioni).
La transazione porta sotto il controllo di Blaqclouds diversi asset chiave nel settore blockchain, tra cui: ZEUSChainScan.io (blockchain EVM di Layer 1), ZEUSx.io (DEX di Layer 2), ZEUSNFTx.io (motore per la creazione di NFT), ZEUSxPay.io (plugin per pagamenti in criptovalute), ShopwithCrypto.io (applicazione retail), TheAlley.io (piattaforma media) e AmpleSwap.com (DEX multi-chain). Inoltre, Blaqclouds ha acquisito oltre 1.000 domini basati su blockchain per lo sviluppo futuro di DApp.
Blaqclouds (OTC: BCDS) ha completado la adquisición de ZEUS Blockchain Partners de DMS Technology. El acuerdo, valorado en $750,000, se ejecutó a través de una nota promisoria convertible con un interés anual del 6% y un precio de conversión de .00825. La adquisición incluye el 100% de las acciones en circulación de ZEUS (100,000,000 de acciones).
La transacción trae bajo el control de Blaqclouds varios activos clave de blockchain, incluyendo: ZEUSChainScan.io (blockchain EVM de Capa 1), ZEUSx.io (DEX de Capa 2), ZEUSNFTx.io (motor de acuñación de NFT), ZEUSxPay.io (plugin de pago en cripto), ShopwithCrypto.io (aplicación de retail), TheAlley.io (plataforma de medios) y AmpleSwap.com (DEX multichain). Además, Blaqclouds adquirió más de 1,000 dominios basados en blockchain para el desarrollo futuro de DApp.
Blaqclouds (OTC: BCDS)는 DMS Technology로부터 ZEUS Blockchain Partners를 인수 완료하였습니다. 이 거래는 $750,000의 가치가 있으며, 연 6%의 이자율과 .00825의 전환 가격을 가진 전환사채를 통해 실행되었습니다. 인수에는 ZEUS의 모든 발행 주식(100,000,000주)이 포함됩니다.
이번 거래는 Blaqclouds가 ZEUSChainScan.io (Layer 1 EVM 블록체인), ZEUSx.io (Layer 2 DEX), ZEUSNFTx.io (NFT 발행 엔진), ZEUSxPay.io (암호화폐 결제 플러그인), ShopwithCrypto.io (소매 애플리케이션), TheAlley.io (미디어 플랫폼), AmpleSwap.com (멀티체인 DEX) 등 여러 주요 블록체인 자산을 통제하게 합니다. 또한, Blaqclouds는 향후 DApp 개발을 위해 1,000개 이상의 블록체인 기반 도메인도 인수하였습니다.
Blaqclouds (OTC: BCDS) a finalisé l'acquisition de ZEUS Blockchain Partners de DMS Technology. L'accord, d'une valeur de $750,000, a été exécuté par le biais d'une note de prêt convertible avec un intérêt annuel de 6% et un prix de conversion de .00825. L'acquisition comprend 100% des actions en circulation de ZEUS (100.000.000 d'actions).
La transaction permet à Blaqclouds de contrôler plusieurs actifs clés dans la blockchain, y compris : ZEUSChainScan.io (blockchain EVM de couche 1), ZEUSx.io (DEX de couche 2), ZEUSNFTx.io (moteur de création de NFT), ZEUSxPay.io (plugin de paiement en crypto), ShopwithCrypto.io (application de vente au détail), TheAlley.io (plateforme médiatique) et AmpleSwap.com (DEX multi-chaînes). De plus, Blaqclouds a acquis plus de 1.000 domaines basés sur la blockchain pour le développement futur de DApp.
Blaqclouds (OTC: BCDS) hat die Akquisition von ZEUS Blockchain Partners von DMS Technology abgeschlossen. Der Deal, bewertet mit $750,000, wurde durch eine wandelbare Schuldverschreibung mit 6% jährlichem Zinssatz und einem Umwandlungspreis von .00825 durchgeführt. Die Akquisition umfasst 100% der ausstehenden Aktien von ZEUS (100.000.000 Aktien).
Die Transaktion bringt mehrere wichtige Blockchain-Assets unter die Kontrolle von Blaqclouds, darunter: ZEUSChainScan.io (Layer 1 EVM-Blockchain), ZEUSx.io (Layer 2 DEX), ZEUSNFTx.io (NFT-Prägungsmaschine), ZEUSxPay.io (Krypto-Zahlungsplugin), ShopwithCrypto.io (Einzelhandelsanwendung), TheAlley.io (Medienplattform) und AmpleSwap.com (Multi-Chain DEX). Außerdem hat Blaqclouds über 1.000 blockchain-basierte Domains für die zukünftige DApp-Entwicklung erworben.
- Acquisition of multiple revenue-generating blockchain platforms and technologies
- Expansion into DeFi space with established products
- Portfolio includes over 1,000 blockchain domains for future development
- ZEUSChainScan.io platform capable of processing 300,000 TPS
- ZEUSxPay.io supports 500+ tokens across multiple networks
- Issuance of convertible note may lead to future shareholder dilution
- $750,000 debt obligation with 6% annual interest
ROBESONIA, Pa., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Blaqclouds, Inc. (OTC: BCDS) is pleased to announce the successful acquisition of ZEUS Blockchain Partners, Inc. ("ZEUS") from DMS Technology, Inc. This strategic acquisition solidifies Blaqclouds’ position as a leader in blockchain innovation while significantly expanding its footprint in the rapidly evolving decentralized technology sector.
Under the terms of the agreement, Blaqclouds, Inc. acquired
The transaction successfully closed on December 8, 2024, following the satisfaction of all customary closing conditions. Effective immediately, ZEUS will be fully integrated into the Blaqclouds ecosystem, enabling a unified approach to blockchain solutions, fostering technological innovation, and strengthening Blaqclouds’ presence in the decentralized finance (DeFi) space.
This acquisition highlights Blaqclouds’ commitment to delivering innovative, scalable blockchain solutions to a global audience, further reinforcing its position as a leader in the blockchain industry.
Key Assets Acquired
As part of the acquisition, Blaqclouds has secured a comprehensive suite of blockchain and internet properties, including:
- ZEUSChainScan.io:
- A Layer 1 EVM blockchain with a native token, ZEUSx, used for gas and transaction fees.
- Features 3-second block times and processing speeds of up to 300,000 TPS.
- ZEUSx.io:
- A Layer 2 decentralized exchange (DEX) for swapping and creating liquidity pools on the ZEUS Chain.
- ZEUSNFTx.io:
- A Layer 2 NFT minting engine on the ZEUS Chain.
- ZEUSx is the platform's native token.
- ZEUSxPay.io:
- A Layer 2 crypto payment plugin that supports over 500 tokens across multiple networks, including ETH, BNB, ZEUS, BASE, MATIC, and AVAX.
- Rebranded from DiVinciPay in Q3 2024, this platform integrates with WIX, WordPress, and custom code solutions for seamless payment processing.
- ShopwithCrypto.io:
- A retail application enabling users to purchase gift cards from global merchants using cryptocurrency through ZEUSxPay.io.
- TheAlley.io:
- A Layer 2 media application featuring resources for businesses accepting cryptocurrency, the Alley Cat Podcast, and a proprietary member chat platform.
- AmpleSwap.com:
- A Layer 2 DEX built on the ZEUS, BNB, and ETH chains, utilizing AMPLE and ZEUSx tokens for transactions.
- A Layer 2 DEX built on the ZEUS, BNB, and ETH chains, utilizing AMPLE and ZEUSx tokens for transactions.
In addition, Blaqclouds has acquired a portfolio of over 1,000 blockchain-based domains that will serve as the foundation for future decentralized application (DApp) projects.
Strategic Rationale
This acquisition aligns with Blaqclouds' commitment to advancing blockchain innovation and leveraging ZEUS Blockchain Partners' expertise in creating scalable, secure, and efficient platforms. Together, the companies aim to accelerate blockchain adoption, expand product offerings, and maximize shareholder value.
Leadership Commentary
“We are thrilled to welcome ZEUS Blockchain Partners into the Blaqclouds family,” said Marjorie Schaefer, CEO of Blaqclouds, Inc. “This acquisition represents a significant milestone in our journey to become a global leader in blockchain technology. ZEUS’s robust platform and innovative approach align perfectly with our mission to drive growth and excellence.”
A spokesperson from ZEUS Blockchain Partners added: “Joining Blaqclouds marks an exciting new chapter for ZEUS. Together, we will unlock new opportunities, accelerate blockchain adoption, and deliver unparalleled value to our customers and partners.”
About Blaqclouds, Inc. (OTC: BCDS)
Blaqclouds, Inc. is a publicly traded company dedicated to developing innovative blockchain and decentralized solutions. The company focuses on leveraging technology to deliver scalable platforms, empower businesses, and create long-term shareholder value.
About ZEUS Blockchain Partners, Inc.
ZEUS Blockchain Partners, Inc. is a Colorado-based blockchain technology company specializing in decentralized finance (DeFi) and scalable blockchain ecosystems. ZEUS has pioneered innovative blockchain applications, providing secure and efficient solutions for businesses and individuals.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and involve risks and uncertainties that could cause actual results to differ materially from those projected. Blaqclouds, Inc. undertakes no obligation to update any forward-looking statements.
Media Contact:
Blaqclouds, Inc.
Email: hello@blaqclouds.io
Phone: 307-323-4430
Website: www.blaqclouds.io
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