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$ VSQTF **

Investor Interest in Blockchain Rising as Additional Applications Become Evident:

https://ih.advfn.com/p.php?pid=nmona&article=76490990&symbol=VSQTF

For example, Victory Square Technologies, Inc. (CSE:VST) (OTC:VSQTF) (FWB:6F6) recently announced that they have tapped blockchain-based applications platform Bluzelle’s CEO, Pavel Bains, as a strategic adviser. This is a logical move for an innovation breeder like Victory Square (http://nnw.fm/lsBg2). Bluzelle was recently awarded technology pioneer status by the World Economic Forum (http://nnw.fm/QnR1L) due to the strength of its one-two-punch PaaS (Platform as a Service) and DaaS (Data as a Service) approach, which has landed Bluzelle’s enterprise-grade blockchain architecture in the hands of industry leaders such as Microsoft, KPMG, HSBC, Zagbank, and Temenos.

In addition, Victory Square has been invited to participate in Bluzelle’s early contributor round token sale (BLZ) to the tune of $500,000 and will receive 25 percent more tokens as a bonus for such participation, making them an early mover in the ICO space.

Victory Square was recently admitted to the highly influential Blockchain Investors Consortium (BIC) founded by ICO maven Mike Costache (http://nnw.fm/FInq7). The BIC endeavors to share due diligence and provide co-investment opportunities in the most promising blockchain ventures, and currently has over 120 members (individuals and crypto hedge funds) with $5 billion in digital assets under management. This Consortium puts Victory Square at the forefront of various blockchain opportunities and gave them the opportunity to participate in that the closed early contributors round for the Bluzelle ICO.

Costache was “extremely excited” to admit Victory Square to the prestigious BIC organization and was keen to note the company’s “proven track-record of incubating and investing in successful platforms.” Victory Square has subsequently partnered with BIC (http://nnw.fm/z7ufY) to offer a $2 million investment prize pool to the top three blockchain companies at each of the upcoming d10e decentralization conferences to be held this year. This investment prize pool exemplifies Victory Square’s main goal to invest and contribute to the latest advancements within the blockchain technology space.

This week, Victory Square will present alongside its portfolio companies at this year’s North American Bitcoin Conference held in Miami, FL on Jan 18-19. These initiatives are all part of Victory Square’s ongoing strategy of finding and partnering with innovative blockchain startups.

Victory Square Announces Series of Blockchain-Related Partnerships and Acquisitions

One Victory Square portfolio company, VS Blockchain Assembly Inc., was recently introduced by the company despite having been incubated since early in 2017 (http://nnw.fm/y7PsN). VS Blockchain Assembly was created to exploit the once-in-a-generation opportunity found in all market sectors’ blockchain exploration, as well as the utilization of ICOs and token generation events to raise capital. VS Blockchain Assembly’s banking, legal and commercialization services will act as an in-house accelerator to existing Victory Square portfolio companies. This partnership with VS Blockchain Assembly diversifies and strengthens its footprint in the blockchain accelerator industry, which gives it more access to invest in new industries moving into the blockchain space.

Another recent move, which exemplifies the company’s mission to invest in up-and-coming game-changers, was the LOI signed in late December (http://nnw.fm/a8OkM) to acquire a 20 percent stake in SD-WAN (software-defined wide area networking) outfit Multapplied Networks Incorporated (http://nnw.fm/f2K21). Multapplied Networks’ proprietary software is being used to create a global decentralized Internet and there is a great deal of overlap here for Victory Square’s increasingly diverse array of portfolio companies.

Victory Square has positioned itself to grow alongside the blockchain sector, as it has invested in the formation of a personalized health venture arm (http://nnw.fm/fOV1D), the acquisition of a 33 percent stake in diabetes test kit developer Personalized Biomarkers, Inc. (http://nnw.fm/LiL2n), and a partnership with Immersive Sports Technologies to launch a virtual reality arcade prototype in downtown Vancouver (http://nnw.fm/65hA8) as the virtual, augmented and mixed reality sector anticipates growth of more than $108 billion by 2021 (http://nnw.fm/Dwo34).

This is a key area of growth for the company, especially considering the ongoing development of a new social sports betting platform built utilizing blockchain technology (http://nnw.fm/q3Qqw), currently being pursued by the company’s wholly owned subsidiary, FansUnite Media Inc. The sports betting market could hit upwards of $6 billion a year by 2023, according to some estimates, which puts Victory Square in the front-running for potential growth within this industry. (http://nnw.fm/Jck01).

Investment in Gibraltar Blockchain Exchange Drives Legitimacy for Blockchain and ICOs

A huge focal point for blockchain-oriented companies in 2017 was the proliferation of Initial Coin Offerings (ICOs), which are powered by blockchain technology. Victory Square is rapidly gaining ground in the cryptocurrency and ICO space, and recently contributed $150,000 to the Gibraltar Blockchain Exchange’s rock token, which has already sold $21 million in its pre-sale (http://nnw.fm/U0wZY). GBX plans to use those funds to develop the world’s first licensed and regulated token sale platform. This development will add a level of legitimacy that the ICO industry badly need to attract mainstream investors who remain skeptical of ICOs.