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Wednesday, December 30, 2020 8:22:28 AM
December 30 2020 - 06:00AM
InvestorsHub NewsWire
Epazz, Inc. (OTC Pink: EPAZ) Tapping Blockchain & Cryptocurrency with IEO
Miami, FL -- InvestorsHub NewsWire -- December 30, 2020 -- EmergingGrowth.com, a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies, reports on Epazz, Inc. (OTC Pink: EPAZ) in a covid-19 era.
Epazz, Inc. (OTC Pink: EPAZ) recently announced that it is working with Greenheart CBD Hemp company in developing their smart contracts for their IEO (Initial Exchange Offering).
EPAZ may not be at these levels much longer.
The company will be enhancing their smart contract software to allow other organizations interested in launching their IEO using an easier way to create and modify their smart contracts without needing a programmer.
The COVID-19 pandemic fast-tracked the digital transformation drive in many aspects, including distributed ledger or blockchain technology. Thus, the global blockchain market size will expand from US$3 billion in 2020 to US$39.7 billion by 2025 at an effective compound annual growth rate (CAGR) of 67.3%.
This collaboration between Epazz blockchain technology and Greenheart CBD Hemp company is part of the growing 'DeFi' movement, which will take advantage of the blockchain's capacity to establish a decentralized ecosystem, uncontrolled by a single entity, and improved accessibility for token holders. It will address the challenges of the lack of proper banking support for the CBD industry worldwide.
Epazz, Inc. (OTC Pink: EPAZ) by the numbers:
According to OTCMarkets.com, Epazz, Inc.'s market cap is approximately $7 million and the company just announced Q3 income of $65,579 from revenue of $410,428 up 80% and 8% respectively from the same quarter 2019.
Crypto and blockchain companies continue to rise as bitcoin becomes un-mineable. There is currently 18.58 million of a total of 21 million bitcoins in circulation. Once the remaining 2.5 million coins are mind, there will be none left to mine. This is expected to happen somewhere around year 2140, but as we get closer, it gets harder and more expensive to mine each coin.
Therefore, other cryptocurrencies and blockchain technology is becoming in high demand. Investors are mining other currencies only to use them to purchase bitcoin.
It seems Epazz, Inc. (OTC Pink: EPAZ) could be tapping the right market with their technology at the right time.
Epazz blockchain trading technology and Greenheart CBD Hemp company anticipate its global reach with its initial IEO sale. It offers 200 million Greenheart Punt tokens backed by 1,000 Liters of Greenheart's CBD oil, with an approximate value of US$4 million. The Greenheart Punt token began trading December 1, 2020, through the LAToken mobile app.
Investors can redeem their tokens for CBD oil if they wish. The token will enable the holders to skip expensive payments and processing fees charged by traditional financial payment providers. In the IEO sale, the company is offering 40 million Greenheart Punt tokens to accredited non-US investors. With this premise, the company gears up to enter the Asian Token Exchange to accommodate Asian investors, especially in China.
Increasing Revenue and Income - Q3 income of $65,579 from revenue of $410,428 up 80% and 8%
Crypto / Blockchain Expansion – developing smart contracts for IEO (Initial Exchange Offering);
New Technology – Bitcoin Altcoin tracker – next version 1/2021;
This could be the biggest play in the Blockchain / Crypto space.
Recent EPAZ News
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- US Airforce Contract Awarded to Epazz, Inc. (OTC Pink: EPAZ) • InvestorsHub NewsWire • 12/14/2023 01:30:00 PM
- Small Cap Recipient of Military Drone Technology • InvestorsHub NewsWire • 11/20/2023 01:33:27 PM
- Epazz, Inc. (OTC Pink: EPAZ) US Navy Collaboration with ZenaDrone • InvestorsHub NewsWire • 11/16/2023 01:30:00 PM
- Epazz, Inc. (OTC Pink: EPAZ) ZenaDrone Demonstration to Defense Departments of UAE and Saudi Arabia • InvestorsHub NewsWire • 11/15/2023 01:30:00 PM
- Epazz, Inc. (OTC Pink: EPAZ) US Navy Collaboration ZenaDrone 1000 • InvestorsHub NewsWire • 11/09/2023 01:30:00 PM
- Epazz, Inc. (OTC Pink: EPAZ) US Navy Collaboration ZenaDrone 1000 Extreme Weather Demo • InvestorsHub NewsWire • 11/07/2023 01:30:00 PM
- Epazz, Inc. (OTC Pink: EPAZ) Tokens, Funding for over $2 million in Revenue, and Patent on AI Smart Battery Tech. • InvestorsHub NewsWire • 07/19/2023 09:49:43 AM
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