Out of Stealth Mode: Quube Exchange Introduces a “New Google” of Cross-Chain Internet

Rhea-AI Summary

Quube Exchange is set to become a U.S. public company through a merger with LevelBlox (OTCM: LVBX). This strategic move aims to consolidate Quube's operations in the decentralized finance and NFT sectors. Quube's CEO, Anzor Zhemukhov, outlined a five-year strategy focusing on a cross-chain DeFi protocol for cryptocurrencies and NFTs, along with a new unified Mega-Chain-Wallet-Browser to enhance digital asset trading. The initiative positions Quube as a significant player in the evolving blockchain landscape, paving the way for innovative solutions in digital asset management.

Positive

• Merger with LevelBlox could enhance visibility and funding for Quube Exchange.
• Expansion into DeFi and NFT markets supports growth potential.
• Development of a new Mega-Chain-Wallet-Browser positions Quube as a leader in blockchain innovation.

Negative

• Uncertainty regarding market reception of the merger with LevelBlox.
• Risks associated with the execution of the ambitious five-year strategy.

For the last two years, Quube Exchange (quube.exchange) has been developing an intelligent blockchain ecosystem for the decentralized trade of multiple asset classes including securities.

Their newly unified market platforms are now:

• Crypto-to-Fiat (EFT high monetary value transactions) at quube.exchange
• Private Equity Tokenization (and Decentralized Trades) at equityconnected.io

Under Quantum Warriors OÜ, Quube Exchange recently announced plans to become a US public company through a strategic merger with enterprise software developer LevelBlox, Inc. (OTCM: LVBX), including a growth capital raise and share placement.

This merge underscores Quube’s role in the growing DeFi, DFS and NFT markets to strategically consolidate business efforts, while utilizing company talent pools to introduce new DeFi and Cross-Chain Internet tools.

Anzor “Enzo” Zhemukhov, Quube founder, CEO and 2021 Startup Innovation World Cup winner in Dubai, gave a 5-year company strategy:

“We begin with a cross chain-based DeFi protocol for cryptocurrencies and NFTs, and a secondary market for hassle-free NFT token swapping, followed by tokenization of other asset types, including promotion of liquidity pools around investments linked to NFT-creator smart contract tokens.

“We follow this with a unified identification system application to facilitate a compliant market by deploying a DeFi swap protocol for private equity capital markets, enabling tokenization and DeFi trading of digitized securities.

“And most importantly slated for 2022 launch is deployment of a cross-chain protocol – a unified Mega-Chain-Wallet-Browser based on cross-chain file storage systems and AI (CDFS). This protocol establishes a super chain web browser and search engine, serving as a multi-crypto wallet and identification tool supporting P2P messengers, real time paid streams, smart paper view, NFT-of-things, De-Fi cross-chain trade, banking and cross-chain internet. We refer to this as 'the new Google' and future Internet model as we see most communications, media, networking, banking and search giants will soon see market users re-intermediated by decentralized smart chain nodes, which is our ultimate project goal.”

Zhemukhov is also leading Quube in taking on one of the greatest challenges in today’s crypto world – parabolic increase through quantum computing as a part of a new consensus, known as “Quube Reverse Protocol” (QRP).

About Quube Exchange

Visit quube.exchange and equityconnected.io. Quube Exchange operates sites and services of www.fintechengine.io and www.EQD.market.

About LevelBlox

Visit www.levelblox.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20210615005838/en/

FAQ

What is the significance of Quube Exchange merging with LevelBlox (LVBX)?

The merger aims to enhance Quube's funding and market presence in the decentralized finance and NFT sectors.

What are Quube Exchange's major plans following the merger with LevelBlox (LVBX)?

Quube plans to implement a five-year strategy focused on cross-chain protocols and a unified Mega-Chain-Wallet-Browser.

How could the merger with LevelBlox (LVBX) affect Quube's stock performance?

The merger may lead to increased investor interest and improved market visibility, potentially influencing stock performance positively.

What are the risks associated with Quube Exchange's merger with LevelBlox (LVBX)?

Key risks include market reception of the merger and challenges in executing the ambitious strategic plans.