DeepMarkit to Pursue Blockchain Strategy
01 2월 2018 - 9:00PM
Not for distribution to United States Newswire
Services or for dissemination in the USA
DeepMarkit Corp.,
(“
DeepMarkit” or the “
Company”)
(TSX-V:MKT) (OTCQB:MKTDF) is pleased to announce that it is
exploring a blockchain strategy to incorporate crypto-currencies
and the distributed ledger technology into DeepMarkit’s award
winning gamification and promotions platform. The DeepMarkit
platform will bring the excitement of crypto-currency rewards to
consumers and the value of high quality consumer data verified by
blockchain technology to merchants, brands and publishers.
The Company’s software architects are designing
the specifications to incorporate a crypto-currency reward system
and the consumer data collection and storage for a distributed
ledger consumer identity token, which will be built on a blockchain
platform that various digital marketing tools can potentially
connect to and have access to a centralized and well-structured
database that serves as a shared source of truth for the
platform.
DeepMarkit’s business is focused on merchants
and consumers. Although still in the early stages, the Company’s
blockchain strategy is to facilitate the exploitation of multiple
crypto-currencies and verified consumer data by merchants. The
DeepMarkit gamification platform delivers entertainment and rewards
to the consumer along with positive branding, valuable consumer
data and sales incentives for merchants. By incorporating
crypto-currencies and blockchain verified consumer data, the
Company’s strategy is to deliver to both consumers and merchants a
real and recognizable value from the application of these
technologies.
“Crypto-currencies and blockchain technology are
destined to become significant elements of commerce but the path is
not at all that clear,” stated Darold H. Parken, CEO of DeepMarkit.
“We don’t want to try to predict a winner in the proliferation of
crypto-currencies and it is often hard to see the actual problems
being solved by the application of blockchain technologies in many
situations. Our intent is to create a mechanism for the exchange of
verified consumer data for crypto-currency rewards in a gamified
environment that serves the needs and wants of both consumers and
merchants. It's a very exciting area and we think that we can
create a perfect match for these technologies and our
business.”
Private Placement
DeepMarkit also announces a non-brokered private
placement of $1,500,000 (the “Private Placement”). Under the
Private Placement, which is subject to acceptance by the TSX
Venture Exchange, DeepMarkit intends to issue, pursuant to
applicable exemptions from prospectus requirements of Canadian and
United States securities laws, 20,000,000 Units (the “Units”) at a
price of CAD $0.075 per Unit. Each Unit comprises one common share
and one common share purchase warrant (each a “Warrant”). Each
Warrant entitles the holder to purchase one additional common share
of DeepMarkit at an exercise price of CAD $0.15 for a period of
twelve (12) months from the date of issuance of the Units.
DeepMarkit may pay a finder’s fee of up to 8% in
cash to eligible finders in connection with the issue and sale of
any or all of the Units under the Private Placement. The net
proceeds from the Private Placement will be used to fund continued
development of the DeepMarkit gamification platform and for
marketing the platform.
About DeepMarkit
DeepMarkit is a gamification technology company
inventing new ways to engage consumers and other audiences. The
Company’s proprietary promotions platform enables businesses and
agencies to create branded games that incentivize customers, thus
driving sales, capturing data and generating leads. DeepMarkit
integrates next-gen gamification engagement mechanics with
interactive advertising industry standards to offer marketers an
advanced solution suitable for campaigns of all sizes, targeting
multiple channels on the web, mobile and social media.
DeepMarkit’s suite of HTML5 games and gaming
solutions are designed for e-commerce platforms, social media,
messaging apps, and other online community services. Instant games
can be added to any online environment to encourage usage by
providing a fun way to engage audiences with competitive or
collaborative games. DeepMarkit offers numerous options to monetize
through custom branded games, product placement, corporate
sponsorships and prize and incentive awards.
DeepMarkit’s shares are listed on the TSX
Venture Exchange, trading under the symbol MKT and on the OTCQB
trading under the symbol MKTDF. For additional information or to
try out our games and see the power of the platform, please visit
www.deepmarkit.com
For more information, please contact:
President & CEO Darold H. Parken Tel: 403-537-0067 Email:
dparken@deepmarkit.com
DirectorRanjeet SundherEmail:
sundher@deepmarkit.com
Follow us on:
Facebook: https://www.facebook.com/DeepMarkitCorp
Twitter: https://twitter.com/DeepMarkit
Instagram: https://www.instagram.com/DeepMarkit
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this news release.
CAUTIONARY STATEMENT
Statements in this press release may contain
forward-looking information including, statements regarding the
potential for the successful application of crypto-currency and
blockchain technologies; the intention to complete the private
placement; the potential for commercial relationships, sales or the
specific performance of the Company’s products. Any statements that
are contained in this press release that are not statements of
historical fact may be deemed to be forward-looking statements. The
reader is cautioned that assumptions used in the preparation of any
forward-looking information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from
those predicted, as a result of numerous known and unknown risks,
uncertainties, and other factors, many of which are beyond the
control of DeepMarkit. Factors that could cause the actual results
to differ materially from those in forward-looking statements
include, failure to develop successful crypto-currency and
blockchain integration for its technology, failure to conclude
binding agreements with customers, failure to obtain market
acceptance of the Company’s products, inability to complete further
development of the products or business, the failure to raise
required additional capital, and general economic, market or
business conditions. The reader is cautioned not to place undue
reliance on any forward-looking information.
The forward-looking statements contained in this
press release are made as of the date of this press release and
DeepMarkit does not undertake any obligation to update publicly or
to revise any of the included forward-looking statements, whether
as a result of new information, future events or otherwise, except
as required by securities law.
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