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CYPHER METAVERSE INC. (NASDAQ:BKLLF) Arcology Launches New Website Aimed at Developers

Transparency directive : regulatory news

22/06/2022 13:00

Arcology Network Takes Significant Step In Broadening Awareness with the Developer Community as per Update from Arcology's Leadership Team regarding Cypher's investment in Arcology parent, Capital Blocktech Inc.

VANCOUVER, BC / ACCESSWIRE / June 22, 2022 / Cypher Metaverse Inc. ("Cypher'' or the "Company") (CSE:CODE)(FSE:C5B)(OTCQB:BKLLF) is pleased to provide an update from Arcology's leadership team, as Arcology has launched a new website with advanced capabilities to spur the next phase of its growth. Arcology is owned by Capital Blocktech Inc., of which Cypher owns 30%.

"Arcology has successfully solved virtually all the technical challenges and achieved our initial goals," said Mr. Laurent Zhang, Arcology Founder and CEO. "The project has advanced to the point where it must attract the developer community - as such this robust site does the following to achieve that objective:"

  • Delivers a comprehensive overview of the Arcology project
  • Demonstrates Arcology's major strengths and advantages
  • Presents Arcology's current status and ongoing advancements
  • Provides comprehensive access to technical documents
  • Expands Arcology's market presence within the following essential communities:
    • DApp developers
    • Crypto investors
    • Crypto exchanges
    • Crypto enthusiasts

"It is understood that Arcology needs to demonstrate its technical capabilities as other projects in the space, such as Ethereum and Solana have done - this site helps to advance our efforts in that area," said Mr. Laurent Zhang, Arcology Founder and CEO. "In addition, we will add a link to the public Testnet, which we are going to launch in the near future."

The Arcology site can be found at: https://arcology.network/

About Cypher Metaverse Inc.

Cypher Metaverse Inc. seeks early-stage investments in emerging technology sectors, including the blockchain ecosystem, fintech and the metaverse. The Company identifies such opportunities and applies its relationships and capital to advance its interests. www.cypher-meta.com

For further information, please contact:

George Tsafalas - Ivy Lu
Corporate Communications
Telephone: Toll-Free (877) 806-CODE (2633) or 1 (778) 806-5150
E-mail: INFO@cypher-meta.com

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", "may" 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, risks relating to epidemics or pandemics such as COVID-19, including the impact of COVID-19 on the Company's business, financial condition and results of operations, lack of investor demand for Bitcoin and/or Bitcoin futures exchange traded funds, 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: Cypher Metaverse Inc.



View source version on accesswire.com:
https://www.accesswire.com/706062/Arcology-Launches-New-Website-Aimed-at-Developers

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