Bots, Inc.’s Incubation Client Tipestry – the Original Social Media Platform with Built-in Dogecoin Tipping – has Partnered with the Dogecoin Cash Public Benefit Corporation to Develop and Distribute the new DeFi Token Dogecoin Cash

Rhea-AI Summary

Bots, Inc. (OTC: BTZI) has announced the development of a new DeFi token, Dogecoin Cash, by its incubation client Tipestry and affiliate Dogecoin Cash Public Benefit Corporation. Built on the Ethereum blockchain, Dogecoin Cash offers features like compatibility with Ethereum wallets and decentralized staking. Tipestry aims to distribute the token fairly through giveaways, while also rewarding its users with traditional Dogecoin. Bots, Inc. now holds a 6% stake in Tipestry as part of its asset acquisition strategy.

Positive

• Development of the new DeFi token Dogecoin Cash offers potential for market expansion.
• Tipestry's structure allows for generous rewards to users, enhancing engagement.
• Bots, Inc. holds a 6% stake in Tipestry, providing future financial upside.

Negative

• None.

SAN JUAN, Puerto Rico, Feb. 17, 2021 (GLOBE NEWSWIRE) -- BOTS, Inc. (OTC: BTZI) (GERMAN EXCHANGE: M06.SG), an emerging innovator of products, technologies, and services for the rapidly growing digital robotic automation and manufacturing industry announced today that BTZI’s incubation client Tipestry, together with its affiliate partner Dogecoin Cash Public Benefit Corporation, has developed the new DeFi token Dogecoin Cash.  

Dogecoin Cash (COIN: DOG) is an ERC-20 token built on the Ethereum blockchain, combining the meme power of traditional Dogecoin with the advantages of Ethereum. The features of Dogecoin Cash include compatibility with Ethereum wallets, tradability on DeFi platforms including Uniswap, decentralized staking via smart contract, and a fixed supply with no inflation.

To help fairly distribute Dogecoin Cash, Tipestry will award DOG to its community through giveaways and contests, and Dogecoin Cash PBC will grant 420,000,000 DOG to both First Bitcoin Capital Corp (OTC: BITCF) and Bots, Inc.

Tipestry will also continue rewarding content creators with traditional Dogecoin (COIN: DOGE). In addition to built-in Dogecoin tipping, Tipestry awards Dogecoin to its members for receiving upvotes on their posts, participating in contests, and referring friends to the platform. To date, more than 1 million DOGE has been earned by Tipestry users worldwide. Now, with the addition of Dogecoin Cash to the platform, Tipestry can offer even greater rewards to the community.

“We are thrilled with the progress and growth Tipestry has made since joining our incubation program. I encourage everyone to consider switching to Tipestry from competing platforms such as Facebook and Twitter as it provides a far more rewarding experience,” commented company CEO Paul Rosenberg.

About Tipestry

Tipestry is a new kind of social media and web annotation platform that automatically adds a comment section with built-in tipping to any website, letting people leave comments anywhere online and earn Dogecoin, Bitcoin, Ether, Tipcoin, PRES, JOE, and YE, and Dogecoin Cash for their posts. The company’s mission is to make social media fairer, less centralized, more respectful of users' privacy, and to give people around the world the opportunity to earn digital collectibles and cash for creating and sharing content.

Bots, Inc. acquired a 6% stake in Tipestry, which is now a member of the Bots Startup Incubator program, as part of its asset purchase from First Bitcoin Capital Corp.

Sign up at https://tipestry.com/

About Dogecoin Cash

Dogecoin Cash (https://www.dogecoincash.org) was developed on the Ethereum blockchain with a capped supply of the number of tokens mined on the original Dogecoin network as of this week, so that, unlike Dogecoin, Dogecoin Cash has zero inflation. It also features decentralized staking (https://www.stake.dog), allowing owners to deposit their Dogecoin Cash through Ethereum wallets like MetaMask and earn up to 20% interest per year for supporting the network. 

About BOTS, Inc.

Headquartered in San Juan, Puerto Rico, BOTS, Inc. - publicly traded on the OTC Markets under the symbol (BTZI) and Börse Stuttgart under the ticker (M06.SG) - is a diversified company developing and servicing blockchain, cybersecurity and robotics solutions for its clientele. The Company is committed to driving the innovations needed to shape the future of digital robotic automation management through digital technology and decentralized blockchain solutions. Management is dedicated to the strong growth of Distributed Asset Technology and Robotic Process Automation (RPA).

Shareholders, potential investors, and others should note that we announce material events and material financial information to our shareholders and the public using our website and the social media addresses listed below, as well as in our SEC filings, press releases, public conference calls, and webcasts. We also use social media to communicate with our subscribers and the public about our company, our services, and other issues. It is possible that the information we post on social media could be deemed to be material information. Therefore, we encourage shareholders, the media, and others interested in our company to review the information we post on the U.S. social media channels listed below. This list may be updated from time to time.

Track BTZI news on Facebook @ https://www.facebook.com/Bots.Bz/
Follow BTZI news on Twitter @Bots_bz http://www.Twitter.com/Bots_bz 
Find BTZI news at http://www.bots.bz

Bots, Inc. has been featured in media nationwide, including CNBC, Bloomberg, TheStreet.com.

For more information, visit http://www.bots.bz
Visit BTZI on Facebook  https://www.facebook.com/Bots.Bz/
Follow BTZI on Twitter @Bots_bz

Forward-Looking Statements

Certain statements contained in this press release may constitute "forward-looking statements." Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as may be disclosed in the company's filings. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release. Such forward-looking statements are risks that are detailed in the Company's website and filings.

Contact:
Paul Rosenberg
CEO
paul@bots.bz

FAQ

What is the new DeFi token announced by Bots, Inc. (BTZI)?

Bots, Inc. has announced the DeFi token Dogecoin Cash, developed by its incubation client Tipestry.

When was Dogecoin Cash developed?

Dogecoin Cash was announced on February 17, 2021.

What are the features of Dogecoin Cash (DOG)?

Dogecoin Cash is an ERC-20 token that is compatible with Ethereum wallets, tradable on DeFi platforms like Uniswap, and offers decentralized staking.

How will Dogecoin Cash be distributed to the community?

Tipestry plans to distribute Dogecoin Cash through giveaways and contests.

What stake does Bots, Inc. (BTZI) have in Tipestry?

Bots, Inc. owns a 6% stake in Tipestry as part of its asset acquisition.