Digital Currencies

International Endeavors Corp. Enters Trillion-Dollar Renewable Energy Industry with Plan to Deliver Shareholder Value

International Endeavors Corp. (“IEC”) (OTC PINK: IDVV) entered the almost $1-trillion-dollar global renewable energy industry with its January 2022 acquisition of Universal Voltage, a clean energy company that offers a suite of commercial and residential solar, power backup, and EV2G/Bi-directional charging products.  IEC, then expanded its lineup with the announcement that it planned to introduce a crypto mining product that it developed by integrating crypto mining capabilities into the technologies it acquired from Universal Voltage.  The two announcements established IEC’s commitment to grow its footprint in the green energy arena, and the news situates IEC to provide both a solar powered energy source and a clean crypto mining solution for both residential and commercial users.

In the acquisition, IEC gained Universal Voltage’s distributorships and partnerships for a host of products and included sales of existing products and installs in Q1 2022.  In total, the acquisition has the potential to dramatically change IEC’s future by setting the company up to deliver shareholder value.  After all, IEC now has a legitimate avenue to start producing significant annual revenue in an industry that is expected to reach almost $2 trillion by the end of the decade, according to numerous analysts.

And as we fast forward to today, the network of distributorships and partnerships that IEC gained in the acquisition will be invaluable.  Five months into the ownership of Universal Voltage, IEC has already introduced a solar powered clean energy crypto mining container (UV-OG).  The company’s UV-OG series uses the latest in solar, battery and crypto mining technology to provide its users with a residential or commercial power source that can also mine cryptocurrency like Bitcoin more responsibly. 

The introduction of the new UV-OG series has already garnered real interest.  IEC announced late last week that it has started the initial phase of its more than $1-million solar powered clean energy crypto project in Baja, Mexico.  The agreement calls for the development and sale of 10 UV-OG units.  According to the company, the units primary use will be to provide an off-grid power solution for a housing project under development in the Baja California, Mexico region.  Each UV-OG unit will also have solar powered energy and crypto mining to maximize the use of the power generated.

Additionally, IEC announced that it sees plenty of development opportunities in both the residential and commercial side, and the company intends to expand further into Latin America.  Currently, IEC has stated it is in negotiations to develop out another project in Costa Rica.

IEC’s interest in advancing its clean crypto solution is clear.  Cryptocurrency mining is notorious for wasting electricity.  It is believed that current mining practices add as much as 40 million tons of carbon dioxide to the atmosphere every year.  Bitcoin mining, for instance, which is the process of creating new bitcoins and updating the digital ledger that tracks transactions, consumes vast amounts of computing power and electricity.  To earn bitcoins, miners solve increasingly difficult puzzles. The faster and more efficiently they solve these puzzles, the more bitcoins they get and the harder it becomes to mine new ones.

The company stated that its mining rigs will be compatible with its suite of commercial and residential solar, power backup, and EV2G/Bi-directional chargers, which will allow users to mine clean energy crypto.  IEC says its vision is to provide new and existing customers that own solar/battery backup setups the option of selling electricity back to the grid, or mining crypto currencies, whichever is more beneficial for the customer. 

The company’s off-grid power solution will allow for any surplus of energy generated from its solar technology to be used for mining crypto, creating an opportunity for people using off-grid power to be able to generate revenues similar or better than selling back to the grid, which improves their return on investment.

To learn more about International Endeavors Corp., visit https://idvvcorp.com or follow IEC on Twitter at https://twitter.com/IDVVcorp

About International Endeavors Corp.

International Endeavors Corporation is an alternative energy company that is focused on the marketing, sales, distribution, and installation of solar technology, battery storage, bi-directional charging and clean energy crypto mining rigs in the US and Latin America. The company is focused on providing solutions to improve ROI to on & off grid clients. In addition to its main business, IEC is engaged in locating, acquiring and partnering with eco-friendly established companies, brands, and technologies in the green energy sector.

About Stock Market Media Group

Stock Market Media Group is a news and media content development IR/PR firm offering a platform for corporate stories to unfold in the media with feature news articles, press releases, research reports, corporate videos, and radio-style CEO interviews. Your story, our words!

This article was written based on publicly available information. Stock Market Media Group may, from time to time, include our own opinions about the companies, their business, markets and opportunities in our articles. Any opinions we may offer about any of the companies we write about are solely our own and are made in reliance upon our rights under the First Amendment to the U.S. Constitution and are provided solely for the general opinionated discussion of our readers. Our opinions should not be considered to be complete, precise, accurate, or current investment advice, or construed or interpreted as research. Any investment decisions you may make concerning any of the securities we write about are solely your responsibility based on your own due diligence. Our publications are provided only as an informational aid, and as a starting point for doing additional independent research. We encourage you to invest carefully and read the investor information available at the web site of the U.S. Securities and Exchange Commission at www.sec.gov, where you can also find IEC’s filings and disclosures. We also recommend, as a general rule that before investing in any securities, you consult with a professional financial planner or advisor, and you should conduct a complete and independent investigation before investing in any security after prudent consideration of all pertinent risks.  We are not a registered broker, dealer, analyst, or advisor. We hold no investment licenses and may not sell, offer to sell, or offer to buy any security. Our publications about IEC are not a recommendation to buy or sell a security.

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Tokens.com Shares Positive Outlook on Ethereum Merge

Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or the “Company”), a publicly-traded company that invests in Web3 assets and builds businesses linked to crypto staking, the metaverse and play-to-earn gaming, shares its positive outlook on the upcoming Ethereum Merge and the impact to its staking business segment.

Ethereum, the most widely used blockchain for NFTs and Web3 metaverses, will be making a significant processing upgrade on or about September 15th. The upgrade, called the ‘Merge’, marks the transition from a proof-of-work mechanism, performed by crypto miners, to a proof-of-stake mechanism, performed by crypto stakers.

The upgrade will require 99.9% less energy consumption to validate transactions than the previous mining process. As a result, the Ethereum blockchain will no longer require miners, who will be fully replaced by stakers, like Tokens.com. The upgrade will also allow Ethereum to achieve greater scale, with faster transaction speeds and lower transaction fees. Ethereum’s native token, ETH, is the second largest cryptocurrency after Bitcoin with a market capitalization of approximately $200 billion.

Tokens.com has been staking ETH at scale since early 2021 and owns over 3,100 ETH. Tokens.com anticipates no impact to its operations through the completion of the Merge other than increased revenues. Subsequent to the Merge, it is expected that the compensation for staking ETH will increase from current levels.

“We have been early adopters of the shift to staking and are one of the first public companies to own and stake ETH at scale,” said Andrew Kiguel, CEO of Tokens.com. “Long-term mass adoption of Web3 and crypto requires a move to environmentally friendly processes. As a result, we have continued staking Ethereum, Solana, Polkadot and other layer one blockchains used in the creation of NFTs, metaverses and play-to-earn video games.”

Tokens.com is committed to only investing in tokens compatible with a staking platform due to its increased energy efficiency and environmental friendliness. In addition to its ETH token ownership, Tokens.com owns Polkadot and Solana used for its staking business, amongst other tokens.

About Tokens.com

Tokens.com Corp is a publicly traded company that invests in Web3 assets and builds Web3 businesses. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) play-to-earn crypto gaming. Tokens.com owns digital assets and operating businesses within each of these three segments.

Staking operations occur within Tokens.com. Metaverse operations occur within a subsidiary called Metaverse Group. Crypto gaming operations occur within a subsidiary called Hulk Labs. All three businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within Web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue generation.

Visit Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

Contacts

Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: contact@tokens.com

Jennifer Karkula, Head of Communications
Email: contact@tokens.com

Media: Ali Clarke – Talk Shop Media
Email: ali@talkshopmedia.com

iMining Arranges Private Placement

iMining Technologies Inc. (TSXV: IMIN) (the “Company” or “iMining”) announces that it has arranged a non-brokered private placement of up to $1,000,000 (the “Financing”) through the issuance of up to 11,764,705 units (the “Units”) at a price of $0.085 per Unit. Each Unit will be comprised of one common share and one common share purchase warrant (“Warrant”), with each Warrant entitling the holder to purchase one common share of iMining at a price of $0.21 per share for a period of 2 years, provided that in the event the closing price of the Company’s Shares is equal to or greater than $0.40 per share for 20 consecutive trading days, the Company may, by notice to the Warrant holders (which notice may be by way of general news release), reduce the remaining exercise period of the Warrants to not less than 30 days following the date of such notice.

Interested parties may contact the Company at investor@imining.com.

The proceeds of the private placement will be budgeted as follows:

Execution of mining infrastructure powered by Natural Gas$750,000
Marketing and other related activities$100,000  
Financing costs, filing and legal fees, commissions and G&A$150,000 
Total$1,000,000 

There is no material fact or material change about the Company that has not been generally disclosed.

Finders’ fees may be payable on this financing.

All securities issued pursuant to the Private Placement are subject to a hold period of four months plus one day from the date of issuance and the resale rules of applicable securities legislation. The closing of the Private Placement is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory, including the approval of the TSX Venture Exchange

About iMining Technologies Inc.

iMining is a publicly listed Web3.0 technology company developing technology for Crypto Mining, Decentralized Finance (“DeFi”) and Non-Fungible Tokens (“NFT”). iMining also owns BitBit Financial Inc., an ATM Network and crypto OTC Trading Platform for individual and institutions.

iMining investments are directly linked to the Bitcoin Mining, Crypto Trading, Decentralized Finance (“DeFI”) and Metaverse Non-Fungible Tokens (“NFTs”). With diverse blockchain investment and infrastructure solutions, iMining looks to be a leader in accelerating the growth of Web3.0 for the enterprise market. The Company’s operations include secure and sustainable cryptocurrency payments, staking, mining and digital asset investment designed for the scale and compliance requirements of institutional clients. iMining is committed to building strong global blockchain ecosystems and supporting inclusive access to digital tools and technologies.

ON BEHALF OF THE BOARD

Signed “Khurram Shroff“
Khurram Shroff, President & CEO

FOR FURTHER INFORMATION, please contact:
iMining Corporate Offices:
Saleem Moosa, Director
Email: investor@imining.com
Telephone: +1 (844) IMININC (464-6462)

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 release.

Forward-Looking Statements
This news release contains certain forward-looking statements, which relate to future events or future performance, and reflect management’s current expectations and assumptions, and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected including, but not limited to, market conditions, availability of financing, actual results of activities, future cryptocurrency prices, operating risks, and other risks in the cryptocurrency industry. All the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required by applicable law.