Codebase Ventures Inc. Investment Trad3r Mobile Game App Launches Brand New Platform
9:00 AM ET 5/13/20 | Dow Jones
The New Trad3r App is Built to Trade 1,000s of Different Celebrities, Sports Teams, Stocks & Friends
VANCOUVER, BC / ACCESSWIRE / May 13, 2020 / Codebase Ventures Inc. ("Codebase" or the "Company") (CSE:CODE)(FSE:C5B)(OTCQB:BKLLF) an investment company, wishes to provide an update on its strategic investment in Trad3r, a mobile game app and social platform built to trade thousands of different celebrities, sports teams, stocks and friends.
Trad3r launched a "re-imagined, re-powered" app exclusively through the Apple Appstore on May 12(th) . With the tag line "built by young people from all over the world, for the young people of the world," the new Trad3r app allows users to trade thousands of celebs, sports teams, stocks and friends with free music streaming and also incorporates its new Scribbles and Video Stories features.
Powered by its intelligent algorithms, the Trad3r app features a completely new rewards platform designed to increase engagement with users and brands. The app is available for download at: https://apps.apple.com/gb/app/trad3r-social-trading-game/id1071254686
Codebase announced an investment of CAD $105,000 in Trad3r parent company Aerosax Research and Technology Ltd. on February 20(th) , 2020. The investment was aimed at supporting the expansion plans for the Trad3r app, which at the time had reached 4.3 million users.
"Codebase is excited to see the work that has been accomplished since our investment. The team at Trad3r has done a remarkable job in dedicating resources and expertise to bring the social platform to the next level and we are excited to be a part of the Trad3r growth story," said Mr. George Tsafalas, Codebase President and CEO.
About Codebase Ventures Inc.
Codebase Ventures Inc. is an investment company, led by technology and business experts who invest early in great ideas in sectors that have significant upside, including the cannabis sector. We operate from the understanding that technology is always evolving, bringing early opportunities for strategic investments that can deliver the exponential returns to our shareholders. We seek out and empower the innovators who are building tomorrow's standards with platforms, protocols and innovations - not just products. We invest early, support those founders, take their ideas to market, and work tirelessly to help them realize their vision.
For further information, please contact:
George Tsafalas - Ivy Lu
Telephone: Toll-Free (877) 806-CODE (2633) or 1 (778) 806-5150
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Statements
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
SOURCE: Codebase Ventures Inc.
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> Dow Jones Newswires
May 13, 2020 09:00 ET (13:00 GMT)