Belgravia Hartford Enters into Letter of Intent with Parallel Logic Corporation to Combine on the Launch of Ethpar Blockchain & Tokens
Belgravia Hartford Capital (CSE: BLGV, OTC: BLGVF) has entered into a non-binding letter of intent with Parallel Logic (PLC) on April 8, 2025, to establish a partnership for launching the Ethpar Blockchain and Tokens.
The partnership will be managed by NodeVest IO Inc., Belgravia's wholly-owned subsidiary. The parties have a 90-day window to negotiate investment agreements that will enable Belgravia to exchange Ethpar Tokens for company shares, securing a first-mover investment position before the public launch.
According to PLC's Founder and CEO Dr. Victor Cook, Ethpar Blockchain is a hard fork of Ethereum that implements parallel computing algorithms for Layer 1 scaling. The platform promises zero-fee transactions, instant finality, and protection against MEV. It claims to offer up to 100x more throughput and 20x lower transaction fees while maintaining full Ethereum network compatibility.
Belgravia Hartford Capital (CSE: BLGV, OTC: BLGVF) ha firmato una lettera di intenti non vincolante con Parallel Logic (PLC) l'8 aprile 2025, per stabilire una partnership per il lancio della Blockchain Ethpar e dei Token.
La partnership sarà gestita da NodeVest IO Inc., la controllata interamente posseduta da Belgravia. Le parti hanno un periodo di 90 giorni per negoziare accordi di investimento che consentiranno a Belgravia di scambiare i Token Ethpar per azioni della società, garantendo una posizione di investimento da primo arrivato prima del lancio pubblico.
Secondo il Fondatore e CEO di PLC, Dr. Victor Cook, la Blockchain Ethpar è un hard fork di Ethereum che implementa algoritmi di calcolo parallelo per la scalabilità Layer 1. La piattaforma promette transazioni senza commissioni, finalità istantanea e protezione contro il MEV. Afferma di offrire fino a 100 volte più throughput e 20 volte commissioni di transazione più basse, mantenendo la piena compatibilità con la rete Ethereum.
Belgravia Hartford Capital (CSE: BLGV, OTC: BLGVF) ha firmado una carta de intención no vinculante con Parallel Logic (PLC) el 8 de abril de 2025, para establecer una asociación para el lanzamiento de la Blockchain Ethpar y los Tokens.
La asociación será gestionada por NodeVest IO Inc., la subsidiaria de propiedad total de Belgravia. Las partes tienen un plazo de 90 días para negociar acuerdos de inversión que permitirán a Belgravia intercambiar Tokens Ethpar por acciones de la empresa, asegurando una posición de inversión de primer movimiento antes del lanzamiento público.
Según el Fundador y CEO de PLC, Dr. Victor Cook, la Blockchain Ethpar es un hard fork de Ethereum que implementa algoritmos de computación paralela para la escalabilidad de Capa 1. La plataforma promete transacciones sin comisiones, finalización instantánea y protección contra el MEV. Asegura ofrecer hasta 100 veces más rendimiento y tarifas de transacción 20 veces más bajas, manteniendo la plena compatibilidad con la red de Ethereum.
벨그라비아 하트포드 캐피탈 (CSE: BLGV, OTC: BLGVF)는 2025년 4월 8일 패럴렐 로직 (PLC)와 에스파르 블록체인 및 토큰 출시를 위한 파트너십을 수립하기 위한 비구속 의향서에 서명했습니다.
이 파트너십은 벨그라비아의 전액 출자 자회사인 NodeVest IO Inc.에 의해 관리됩니다. 양측은 벨그라비아가 에스파르 토큰을 회사 주식으로 교환할 수 있도록 하는 투자 계약을 협상하기 위해 90일의 기간을 가집니다. 이는 공개 출시 전에 선도적인 투자 위치를 확보하는 것입니다.
PLC의 창립자이자 CEO인 Dr. Victor Cook에 따르면, 에스파르 블록체인은 이더리움의 하드 포크로, 레이어 1 확장을 위한 병렬 컴퓨팅 알고리즘을 구현합니다. 이 플랫폼은 수수료 없는 거래, 즉각적인 확정 및 MEV로부터의 보호를 약속합니다. 이더리움 네트워크와의 완전한 호환성을 유지하면서 최대 100배의 처리량과 20배 더 낮은 거래 수수료를 제공한다고 주장합니다.
Belgravia Hartford Capital (CSE: BLGV, OTC: BLGVF) a signé une lettre d'intention non contraignante avec Parallel Logic (PLC) le 8 avril 2025, pour établir un partenariat en vue du lancement de la Blockchain Ethpar et des Tokens.
Le partenariat sera géré par NodeVest IO Inc., la filiale entièrement détenue de Belgravia. Les parties disposent d'une période de 90 jours pour négocier des accords d'investissement permettant à Belgravia d'échanger des Tokens Ethpar contre des actions de l'entreprise, garantissant ainsi une position d'investissement de premier arrivé avant le lancement public.
Selon le fondateur et PDG de PLC, Dr. Victor Cook, la Blockchain Ethpar est un hard fork d'Ethereum qui met en œuvre des algorithmes de calcul parallèle pour l'évolutivité de niveau 1. La plateforme promet des transactions sans frais, une finalité instantanée et une protection contre le MEV. Elle affirme offrir jusqu'à 100 fois plus de débit et des frais de transaction 20 fois plus bas tout en maintenant une compatibilité totale avec le réseau Ethereum.
Belgravia Hartford Capital (CSE: BLGV, OTC: BLGVF) hat am 8. April 2025 einen nicht verbindlichen Letter of Intent mit Parallel Logic (PLC) unterzeichnet, um eine Partnerschaft für den Start der Ethpar Blockchain und der Tokens zu etablieren.
Die Partnerschaft wird von NodeVest IO Inc., der hundertprozentigen Tochtergesellschaft von Belgravia, geleitet. Die Parteien haben einen Zeitraum von 90 Tagen, um Investitionsvereinbarungen zu verhandeln, die es Belgravia ermöglichen, Ethpar Tokens gegen Unternehmensanteile zu tauschen und sich so eine First-Mover-Investitionsposition vor dem öffentlichen Launch zu sichern.
Laut dem Gründer und CEO von PLC, Dr. Victor Cook, ist die Ethpar Blockchain ein Hard Fork von Ethereum, der parallele Rechenalgorithmen zur Skalierung der Ebene 1 implementiert. Die Plattform verspricht gebührenfreie Transaktionen, sofortige Finalität und Schutz vor MEV. Sie behauptet, bis zu 100-mal höhere Durchsatzraten und 20-mal niedrigere Transaktionsgebühren zu bieten, während sie die volle Kompatibilität mit dem Ethereum-Netzwerk aufrechterhält.
- First-mover advantage in Ethpar Token investment before public launch
- Partnership managed through wholly-owned subsidiary NodeVest
- Technology claims significant improvements over Ethereum (100x throughput, 20x lower fees)
- Non-binding LOI with no guaranteed completion
- 90-day negotiation period creates execution uncertainty
- No financial terms or valuation details disclosed
Toronto, Ontario--(Newsfile Corp. - April 8, 2025) - BELGRAVIA HARTFORD CAPITAL INC. (CSE: BLGV) (OTC Pink: BLGVF) (FSE: ECA) ("Company") is pleased to announce that, effective April 8, 2025, it has entered into a non-binding letter of intent ("LOI") with Parallel Logic Corporation ("PLC") to create a multiplatform partnership for the launch of Ethpar blockchain ("Ethpar Blockchain") and its related Tokens ("Ethpar Tokens").
LOI & Ethpar Partnership
The partnership between the Company and PLC will be managed by NodeVest IO Inc. ("NodeVest"), a wholly-owned subsidiary of the Company https://nodevest.io/. Pursuant to the LOI, the parties have 90-days to negotiate, in good faith, certain investment agreements ("Investment Agreements") setting out the terms and conditions pursuant to which the Company and PLC will exchange Ethpar Tokens for common shares in the capital of the Company in anticipation and coordination with the launch of Ethpar Blockchain and the issuance of Ethpar Tokens to the public. Notably, the LOI states the Investment Agreements will allow the Company first-mover investment position in Ethpar Tokens prior to launch (collectively, "Transactions").
Ethpar Blockchain
Dr. Victor Cook, Founder and CEO of PLC explains: "Ethpar Blockchain is a hard fork of Ethereum. Every contract, every token, every transaction from legacy Ethereum is on Ethpar Blockchain, the difference being Ethpar Blockchain scales on Layer 1 using parallel computing algorithms. Ethpar is Ethereum, updated with the same technology that directs your computer to run multiple applications at the same time. It is that simple."
Dr. Cook added: "Ethpar Blockchain enables features that have been delayed on legacy Ethereum due to infighting and fragmentation. Ethpar permits zero fee transactions, instant transaction finality, defeats toxic extraction of value (MEV) and lets popular apps share network income. Ethpar blockchain adheres to the original vision of Ethereum, a scalable, decentralized world computer."
Dr. Cook further noted: "Ethpar Blockchain is a parallel extension to the native Ethereum blockchain. It is
Mehdi Azodi, the CEO of the Company remarked: "Since our initial discussions with Dr. Cook, the Company has been working towards a potential combination with PLC as Dr. Cook launches Ethpar - and we are thrilled to be one of the first and only external investors and supporters of the Ethpar Blockchain."
More details about the Ethpar Blockchain and our partnership may be found on the NodeVest website, https://nodevest.io/.
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This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act"), or any state securities laws and may not be offered or sold in the "United States" or to "U.S. persons" (as such terms are defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.
Neither CSE nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.
About Belgravia Hartford
Belgravia Hartford Capital Inc. is an investment issuer, listed for trading on the Canadian Securities Exchange, focused on the tech and finance sectors of the worldwide economy. The Company's focus, as set out in its 2018 Investment Policy, specifies cryptocurrencies, artificial intelligence, media and digital streaming opportunities. Belgravia invests in a portfolio of private and public companies located in jurisdictions governed by the rule of law. It takes a multi-sector investment approach with emphasis in the resources and commodities sector. Belgravia and its investments are considered high risk holdings and it may expose shareholders to significant volatility and losses.
For more information, please visit www.belgraviahartford.com and https://nodevest.io/.
Neither CSE nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements include statements that use forward-looking terminology such as "may", "will", "expect", "anticipate", "believe", "continue", "potential" or the negative thereof or other variations thereof or comparable terminology. Such forward-looking statements include, without limitation, statements regarding the structure of the Investment, anticipated risk mitigation strategies, Dr. Cook's planned appearance on TraderTV, and other statements that are not historical facts. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, changes in market trends, the completion, results and timing of research undertaken by the Company, risks associated with resource assets, the impact of general economic conditions, commodity prices, industry conditions, dependence upon regulatory, environmental, and governmental approvals, and the uncertainty of obtaining additional financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.
For More Information, Please Contact:
Mehdi Azodi, President & CEO
Belgravia Hartford Capital Inc.
(416) 779-3268
mazodi@blgv.ca
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/247732
FAQ
What are the key features of Ethpar Blockchain compared to Ethereum?
What is the timeline for the BLGVF and Parallel Logic partnership agreement?
How will BLGVF benefit from the Ethpar Blockchain partnership?
Who will manage the Ethpar Blockchain partnership for BLGVF?
