GLOBAL TECH INDUSTRIES GROUP, INC. SUCCESSFULLY UNVEILS CRYPTOCURRENCY TRADING PLATFORM, AND SETS A TIMELINE FOR FURTHER IMPROVEMENTS AND ENHANCEMENTS
Global Tech Industries Group, Inc. (GTII) successfully launched its cryptocurrency trading platform, Beyond Blockchain, on June 18, 2021. The platform attracted numerous users, facilitating digital account setups and personal digital wallet creations for both shareholders and new visitors. GTII plans to introduce a mobile app and is working on a token dividend for shareholders, pending Board approval. Beyond Blockchain enables trading of cryptocurrencies, FX, and commodities, with plans to expand into tokenized fine art. The company continues to explore innovative technologies while facing potential growth and profitability challenges.
- Successful launch of the cryptocurrency trading platform Beyond Blockchain on June 18, 2021.
- Attraction of both GTII shareholders and new users to the platform, indicating market interest.
- Plans to introduce a mobile app for enhanced trading experiences.
- Future token dividend distribution pending board approval, potentially increasing shareholder engagement.
- Expansion capabilities into tokenized fine art trading and other assets.
- Risks associated with sustaining growth and achieving profitability due to significant development stage expenses.
- Uncertainty regarding the company's ability to find and acquire profitable businesses and assets.
- Potential legal and regulatory costs related to new business lines, which could impact overall financial performance.
New York, NY, June 21, 2021 (GLOBE NEWSWIRE) -- Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced today that the successful launch of its cryptocurrency trading platform, “Beyond Blockchain” occurred on Friday, June 18th. By end of day Friday, the site had accommodated a steady stream of both GTII shareholders and curious first-time visitors, and also welcomed those new members who successfully opened their own digital accounts by setting up their personal digital wallets.
GTII shareholders can go to www.beyondblockchain.us and open a digital wallet. The beyond blockchain platform is the only place where any digital dividend distributed by the Company would be made available for review. The Company is working with legal counsel and hopes to announce a token dividend date once it has been approved by the Board of Directors of the Company.
David Reichman, CEO of GTII, commented, “Our GTII tech team is closely monitoring our visitors, and has already been able to ascertain and suggest improvements to the site interface, as well as updating the site’s offerings based on trading preferences. Next up, will be the launch of our mobile app, as we continue to bring the world of digital fine art trading and tokenization directly to our shareholders, allowing them to use a variety of their own devices, helping to make their experience personal and unique to them.”
Beyond Blockchain enables customers to trade cryptocurrencies (such as Bitcoin, Ethereum, Litecoin, Tether, Bitcoin Cash, and Bitcoin SV), FX, commodities with other assets to be added in the future such as fractionalized interests in tokenized fine art. As the online wallet is expanded, it will be able to house tokenized and fractionalized assets that the Company may distribute to its shareholders.
About Global Tech Industries Group, Inc.: GTII, a publicly traded Company incorporated in the state of Nevada, specializing in the pursuit of acquiring new and innovative technologies.
Please follow our Company at: www.otcmarkets.com/stock/GTII
Safe Harbor Forward-Looking Statements:
This press release may contain forward looking statements that are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in our filings with the SEC. Among other matters, the Company may not be able to sustain growth or achieve profitability based upon many factors including but not limited to the risk that we will not be able to find and acquire businesses and assets that will enable us to become profitable. Reference is hereby made to cautionary statements set forth in the Company’s most recent SEC filings. We have incurred and will continue to incur significant expenses in our development stage, noting that there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. New lines of business may expose us to additional legal and regulatory costs and unknown exposure(s), the impact of which cannot be predicted at this time.
Words such as “estimate,” “project,” “predict,” “will,” “would,” “should,” “could,” “may,” “might,” “anticipate,” “plan,” “intend,” “believe,” “expect,” “aim,” “goal,” “target,” “objective,” “likely” or similar expressions that convey the prospective nature of events or outcomes generally indicate forward-looking statements. You should not place undue reliance on these forward-looking statements, which speak only as of this press release. Unless legally required, we undertake no obligation to update, modify or withdraw any forward-looking statements, because of new information, future events or otherwise.
Mike King
Princeton Research, Inc.
3887 Pacific Street, Las Vegas NV
702.338.2700
FAQ
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