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ICOA Inc. (OTC: ICOA) has launched the beta version of its Symbiosis NFT Marketplace, emphasizing collaboration and community for artists and collectors. This innovative platform allows artists to work together across genres and locations, creating unique NFTs. The beta rollout features 15 artists, commencing with a surprise drop on August 8, 2022. Collectors can purchase artworks using $ETH and $wETH. CEO Hadria Wong highlighted the marketplace's potential to bridge traditional and digital art, with plans for future enhancements to sustain growth amid evolving market conditions.
ICOA Inc. (OTC: ICOA) has announced the appointment of Jeffrey Coats as Chairman and Chief Strategy Officer. Coats will manage investor relations and banking activities, aiming for a future NASDAQ up-listing. He brings experience from Majic Wheels Corp and has led successful turnarounds at Autobytel/AutoWeb. With a strong educational background in finance and management, ICOA believes his leadership will enhance their blockchain initiatives. CEO Hadria Wong expressed enthusiasm about expanding their presence in the blockchain sector.
ICOA Inc. (OTC: ICOA) has updated its roadmap and provided insights on upcoming blockchain-enabled projects. Key highlights include the launch of the 'Symbiosis NFT Platform' by June 24, 2022, and the 'iBG Investment Portal' by July 1, 2022. An innovative project named 'The Collectif' will combine NFTs, recurrent income, and wellness by late summer 2022. Additionally, ICOA Fund is operational and seeking capital. The company is appointing a new Executive Chairman to drive growth and restructure. Future announcements on projects related to the metaverse and a crypto debit card are expected.
ICOA Inc. (OTC PINK: ICOA) has launched The ICOA Fund, now open for trading, targeting crypto-bullish investors. This Bitcoin-denominated sub-fund operates under Singapore's Monetary Authority regulations, focusing on exploiting volatility and arbitrage opportunities in derivatives markets. It prioritizes safety with insurance coverage and custody solutions from CGCX.io, the first fully-insured crypto exchange. The fund aims to allocate a maximum of 70% in BTC yield strategies and 30% in liquidity pools while ensuring investor verification compliance.
ICOA Inc. (OTC Pink: ICOA) has issued a statement regarding the Caveat Emptor (CE) designation placed on its ticker on May 13, 2022, due to potential risks highlighted by OTC Markets Group. The current management team, unaware of the situation at the time, has since conducted an internal investigation. They confirmed that the CE relates to a legal matter involving previous management. The current leadership is unaffected and remains focused on business objectives.
ICOA Inc. has entered a $500,000 agreement with SRAX to enhance communications with investors and shareholders. This partnership provides access to real-time trading data and improved engagement through sophisticated tools like Sequire. With over 200 platform subscribers and a significant growth rate of 1360% year-over-year, ICOA aims to strengthen its shareholder base and communication strategies. CEO Hadria Wong expressed optimism about the collaboration, emphasizing its potential to build trust and security in the blockchain and crypto sectors.
ICOA Inc. (OTC Pink: ICOA) has reported positive annual revenue growth and significant achievements, indicating a robust foundation for future expansion. In the past year, ICOA reduced its payables from $1,241,303 to $115,998 and reversed a prior loss, posting a net income of $3,919,333. The company's total liabilities decreased by 71.7%, and total assets stand at $483,758,169. Key milestones include the $185m acquisition of iBG Finance and a $240m acquisition of BGBF. ICOA is focused on blockchain-driven sectors such as DeFi, NFTs, and gaming, paving the way for sustainable growth.
ICOA Inc. has released its revenue projections for 2022-2026 and provided updates on its blockchain projects and subsidiaries. The company is working on collaborations in various sectors, including NFTs, gaming, and wealth management. Notably, its subsidiary BGBF plans to launch a new Bitcoin-denominated fund with a commitment of 2,000 BTC. Another subsidiary, iBG, is set to release its Robovisor tool for crypto portfolio management. ICOA also aims to launch a digital billboard advertising platform featuring 300,000 locations worldwide. The overall financial outlook appears promising.
ICOA Inc. has signed a Memorandum of Understanding (MOU) with notable artists, including Martha Sáenz, to develop a new NFT platform. This partnership aims to tokenize and distribute two paintings created by Pope Francis in collaboration with other artists, as part of ICOA’s initiative to promote education through NFTs. The project is linked to ICOA’s recent acquisition of iBG Finance, which will facilitate the distribution of these NFTs. CEO Hadria Wong emphasizes this move as a significant evolution for ICOA into blockchain and the NFT space.
ICOA, Inc. (OTC PINK: ICOA) has successfully closed its acquisition of BGBF, the first insured Bitcoin Fund in South East Asia, valued at USD 240 million. The acquisition involves ICOA purchasing 100% of BGBF for restricted preferred shares of ICOA. CEO Hadria Wong expressed optimism about this strategic move, emphasizing the company's aim to become a leader in the Crypto, DeFi, NFT, and Metaverse sectors. The deal marks a significant step in ICOA's expansion within the blockchain ecosystem.
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