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About Bluesky Digital Assets Corp.
Bluesky Digital Assets Corp. (CSE: BTC, OTCQB: BTCWF) is a forward-looking technology company operating at the intersection of Artificial Intelligence (AI), Blockchain (BC), and Web3 business solutions. The company has established itself as a high-value digital enterprise by leveraging its proprietary technologies and strategic investments to address the growing demand for next-generation digital solutions.
Core Business Model
At the heart of Bluesky's operations is its BlueskyINTEL Web Engagement Platform (WEP), a cutting-edge solution designed to connect businesses seeking AI and Blockchain adoption with solution providers offering the necessary expertise and tools. This platform utilizes AI-powered matchmaking to analyze user requirements and deliver tailored recommendations in real-time. Additionally, the platform offers advanced functionalities such as project management, calendaring, and file sharing, enabling seamless collaboration between businesses and solution providers.
Strategic Investments and Ecosystem Expansion
Bluesky complements its platform-centric approach with strategic investments in innovative projects that align with its focus on AI and Blockchain. A notable example is its investment in ChessGold Inc., a digital game developer integrating Blockchain and AI technologies. By supporting projects like ChessGold, Bluesky not only diversifies its portfolio but also strengthens its ecosystem by incorporating complementary technologies and business models.
Market Position and Value Proposition
Operating within the rapidly evolving AI and Blockchain industries, Bluesky is uniquely positioned to capitalize on the increasing demand for digital transformation solutions. Its dual approach of platform development and strategic investments allows it to address multiple facets of the market, from enterprise-level technology adoption to niche applications in gaming and beyond. The company's ability to offer a collaborative ecosystem for businesses and solution providers sets it apart from competitors.
Commitment to Innovation
Bluesky's roadmap emphasizes continuous innovation and expansion. The company actively develops new modules and features for its platform, ensuring it remains aligned with industry trends and user needs. Additionally, Bluesky's partnerships with major players like AWS demonstrate its commitment to leveraging advanced technologies to enhance its offerings.
Challenges and Opportunities
While Bluesky faces challenges such as intense competition and the need for sustained innovation, its early adoption of AI and Blockchain technologies, combined with its strategic focus on ecosystem development, positions it to navigate these hurdles effectively. The company's emphasis on creating value for businesses through its platform and investments underscores its long-term growth potential.
Conclusion
Bluesky Digital Assets Corp. is more than just a technology provider; it is a catalyst for digital transformation. By bridging the gap between businesses and emerging technologies, Bluesky enables its clients to unlock new opportunities and achieve sustainable growth in an increasingly digital world.
Bluesky Digital Assets Corp. (CSE: BTC) (OTCQB: BTCWF) has announced a strategic investment in ChessGold Inc., an online digital game developer. The investment involves a loan agreement of up to $1,000,000 CAD with a 5% annual interest rate, backed by a General Security Agreement on ChessGold's assets.
The loan can be converted into ChessGold Common Shares at a price determined by the company's valuation at conversion time or its Initial Public Offering price. ChessGold will use the funds for working capital and to support its planned public listing.
ChessGold has become a commercial client of Bluesky's BlueskyIntel.com platform, which will provide consulting expertise before the game's market launch. The investment aligns with Bluesky's focus on Artificial Intelligence and Blockchain technology, which ChessGold incorporates into its game development process.
Bluesky Digital Assets Corp. (CSE: BTC) (OTCQB: BTCWF) has secured an unsecured revolving credit facility worth $750,000 CAD from a syndicate of three private lenders. The facility carries an 8% annual interest rate and can be accessed through multiple advances for general working capital purposes, supporting the company's AI research and development initiatives and the advancement of its BlueskyINTEL platform.
Additionally, the company has entered into business development agreements with consultants, agreeing to issue 7,500,000 Common Shares as compensation. These consultants will help source acquisition targets to expand Bluesky's AI business model. The share issuance will not result in a change of control of the
Bluesky Digital Assets Corp. (CSE: BTC, OTCQB: BTCWF) has successfully raised a total of $1,159,049 CAD through multiple warrant exercises. The funding was secured through three separate warrant exercises: $771,549 CAD from 1,695,712 warrants at $0.445 CAD each, $325,000 CAD from 5,000,000 warrants at $0.065 CAD each, and $62,500 CAD from 1,250,000 warrants at $0.05 CAD each. Additionally, the company settled $126,000 CAD in debt by issuing 200,000 common shares at $0.63 CAD per share. The proceeds will be used to advance the company's AI development initiatives and for working capital purposes.
Bluesky Digital Assets (CSE: BTC) (OTCQB: BTCWF) has confirmed no material changes in operations despite recent market activity increases. The company announced the closing of its fully subscribed non-brokered private placement, raising C$242,500 through 4,850,000 Units at C$0.05 per Unit. Each Unit includes one Common Share and one Warrant exercisable at C$0.065 for 24 months. Additionally, the company raised C$415,250 through warrant exercises, bringing total funds raised to C$657,750. The private placement was conducted under the Listed Issuer Financing Exemption with no resale restrictions in Canada.
Bluesky Digital Assets Corp. (CSE: BTC) (OTCQB: BTCWF) announced that its BlueskyINTEL Web Engagement Platform (WEP) will officially launch in January 2025 and begin generating subscription and partnership revenue. The platform, which focuses on Artificial Intelligence and Blockchain technology, has reached a strategic release milestone following a successful soft launch in July 2024. The WEP connects businesses seeking to adopt AI & BC technology with solution providers through an AI-powered matchmaking service. The company reported impressive response during the soft launch and interest from Amazon AWS teams for potential strategic alignments.
Bluesky Digital Assets Corp. (CSE: BTC) (OTCQB: BTCWF) has announced a non-brokered private placement offering of up to 4,850,000 Units at C$0.05 per Unit, targeting gross proceeds of up to C$242,500. Each Unit includes one common share and one purchase warrant exercisable at C$0.06 for 24 months. The company plans to use proceeds for marketing its blockchain platform, developing its AI division Bluesky INTEL, and working capital. Additionally, the company will settle C$210,000 in debt through issuing 3,500,000 common shares at C$0.06 per share.
Bluesky Digital Assets Corp. (CSE: BTC) (OTCQB: BTCWF) has announced significant enhancements to its BlueskyINTEL Web Engagement Platform (WEP), focusing on new business functionality to support monetization plans. The platform, which leverages Artificial Intelligence (AI) and Blockchain (BC) technology, has reached a strategic release milestone following its soft launch on July 2, 2024.
Key updates include:
- Launch of project management, calendaring, and file storage/sharing functions
- New feature allowing business users to invite Solution Providers for professional services engagements
- Improved AI-powered matchmaking service for businesses and solution providers
The company continues to track against its internal roadmaps and has received positive feedback during the soft launch period. Bluesky is also exploring strategic alignment with AWS for AI Generative Services deployment.
Bluesky Digital Assets Corp. (CSE: BTC) (OTCQB: BTCWF) has announced several key updates:
1. The company has engaged a third-party evaluator to assess the market value of its AI-Powered B2B/C2B Matchmaking Service, BlueskyINTEL.com. This valuation is part of Bluesky's strategy to pursue acquisition targets and expand its AI business plan.
2. The Business and Technical Roadmap for BlueskyINTEL is progressing as scheduled, with additional modules planned for release in the next quarter.
3. Bluesky has settled $326,000 CAD in debt through the issuance of 6,520,000 Common Shares at $0.05 CAD per share. This includes a $100,000 CAD loan payable and $226,000 CAD owed to consultants.
Bluesky Digital Assets Corp announced a 7:1 share consolidation effective June 7, 2024. Consequently, its OTC Markets trading symbol changed from 'BTCWF' to 'BTCWD' in the U.S. The symbol 'BTC' on the Canadian Securities Exchange remains unchanged. Additionally, Bluesky entered a debt settlement agreement with a third-party consultant for $100,000 CAD, to be settled by issuing 1,000,000 Common Shares at $0.10 CAD per share.
Bluesky Digital Assets Corp. (CSE: BTC, OTCQB: BTCWF) announces a share consolidation approved by its Board of Directors. The consolidation converts every seven pre-consolidation common shares into one post-consolidation share, effective June 7, 2024, pending approval from the Canadian Securities Exchange. Post-consolidation, 25,172,726 shares will be outstanding, down from 176,209,084. This move, aimed at recapitalizing and attracting strategic acquisitions in the AI space, will adjust the exercise or conversion prices proportionately. The new shares will trade under the same symbols but with new CUSIP and ISIN numbers.
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