Proactive Investors - Run By Investors For Investors

Global Blockchain Mining says AMR crypto asset crowd sale website is now ready

In the crowd sale, there will be 400 million tokens, or 20% of the total issuance of 2 billion tokens, with each token priced at the equivalent of US$0.025
An electronic chain
Global Blockchain Mining has worked with Singapore-based Ammbr Foundation on its crowd sale website

Global Blockchain Mining Corp (CNSX: FORK) (OTCMKTS:GBCHF) said Monday that the website for the crowd sale of AMR is now available along with a white paper on the related technology.

The crowd sale of AMR, the crypto asset of Singapore-based Ammbr Foundation Pte Ltd, will be from January 8 to March 8.

READ: Global Blockchain Technologies to launch website for the crowd sale of AMR crypto asset

In the AMR crowd sale, there will be 400 million tokens, or 20% of the total issuance of 2 billion tokens. Each token will be priced at the equivalent of US$0.025 in the accepted currencies listed on the crowd sale's website.

“We are pleased to be working with Ammbr, and we look forward to leading a successful crowd sale for them," said Shidan Gouran, president and CEO of Global Blockchain Mining, which is based in Vancouver.

He added that Ammbr has received government endorsements from Guinea-Bissau, Uganda, Sierra Leone, Guinea, Burundi and the Congo.

In exchange for its sale administration and development services, Global Blockchain Mining will be paid 241.55 million AMR tokens, as well as 10% of all proceeds from the public crowd sale.

Ammbr was formed in 2017 with the goal of combining wireless mesh and blockchain technologies to broaden the availability of internet connectivity without having to rely on telecom companies or internet service providers to build the infrastructure.

A demonstration of Ammbr's technologies will be given at the 2019 Mobile World Congress in Barcelona, Spain, from Feb. 25 to Feb. 28.

Contact Dennis Fitzgerald at [email protected]


Join Proactive’s Crypto, Blockchain and Cannabis Telegram group here
View full FORK profile View Profile

Global Blockchain Mining Corp. Timeline

Related Articles

immotion vr racing game
February 06 2019
The out-of-home VR hardware and content maker turned over more than £1mln in the second half of 2018 with ‘only’ 150 or so headsets in operation, but it wants that figure to climb to over 1,000 by the end of this year
The company expects to open its vault for even more cash takings
January 21 2019
Contracted revenues were $3.7 million last quarter but didn’t include Solo app sales for Samsung watches.
November 26 2018
Covata provides software solutions that enable continuous identification, classification and secure management of unstructured data.
Copyright ©, 2019. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use