Graph Blockchain Reports 2021 Year End

Toronto, Ontario–(Newsfile Corp. – August 30, 2021) – Graph Blockchain Inc. (CSE: GBLC) (OTC Pink: REGRF) (FSE: RT5A) (“the Firm or Graph “) is happy to report its monetary statements (“FS”) and administration dialogue and evaluation (“MD&A”) for the 12 months ending April 30, 2021 (“YE 2021”). All foreign money is in Canadian {dollars} until in any other case said.

The Firm’s Consolidated FS and MD&A thereon for 12 months ended April 30, 2021, will likely be accessible on SEDAR at www.sedar.com underneath Graph’s profile

YE 2021 Monetary Abstract

The Firm reported income of $$433,215 in YE 2021 in comparison with NIL in YE 2020.

The Firm additionally considerably improved its money steadiness, $8,802,843, in comparison with $105,252 in money in YE 2020.

The Firm additionally considerably improved its whole belongings, $11,751,841, in comparison with $137,834 in belongings in YE 2020.

Path to Profitability: The Firm made robust progress all year long reworking the Firm by figuring out income alternatives with numerous sectors of Decentralized Finance (“DeFi”). In keeping with Alex Tapscott of the Monetary Put up, within the final 12 months the DeFi business’s market capitalization has ballooned 30 occasions to US$73 billion, whereas the overall worth of person deposits (whole worth locked or TVL) has surged 100 occasions to just about US 100 billion.

Paul Haber, CEO of Graph Blockchain, said, “Regardless of the challenges of the worldwide pandemic, fiscal 2021 was a 12 months of transition and marked quite a few milestones for Graph in constructing the workforce, elevating funds, and including international firms to allow us to execute our strategic plan. We see proof of crypto and blockchain applied sciences shifting considerably nearer to mass acceptance. Our product lineup particularly, POS mining, non-fungible tokens enterprise, have positioned us to allow an organization transformation throughout international markets.”

Fiscal highlights of YE and subsequent occasions:

The Firm began its transformation in September 2020 with announcement of latest administration.

In January 2021, the Firm undertook to evaluation M&A alternatives within the crypto foreign money and blockchain sector.

In January 2021, the Firm introduced it entered right into a definitive share trade settlement with Babbage Mining Corp.

In February 2021, the Firm introduced that it has closed the beforehand introduced non-brokered personal placement financing elevating mixture gross proceeds of $2,316,000.

In February 2021, the Firm introduced the completion of the Babbage Mining acquisition, and Graph would be the first publicly tradable altcoin Proof of Stake (“POS”) miner, which can generate income whereas offering publicity to a number of high digital belongings by market capitalization.

In March 2021, the Firm introduced the primary two altcoins buying and staking buying Cardano (“ADA Token”) and Polkadot (“DOT Token”) and have become the primary publicly tradable altcoin Proof of Stake (“POS”) miner, producing income whereas offering publicity to a number of high digital belongings by market capitalization.

In March 2021, the Firm introduced the closing of CAD$10 million brokered personal placement.

In April 2021, the Firm introduced a $1,500,000 of its staking capital with $1,000,000 into the Polkadot (“DOT Token”) and $500,000 into the Cardano (“ADA Token”).

In Could 2021, the Firm introduced acquisition of Past the Moon Inc. a Crypto Launchpads service supplier.

In June 2021, the Firm introduced itemizing on the Frankfurt Inventory Alternate, the world’s thirteenth largest organized trade buying and selling market by market capitalization, income, profitability, and the biggest inventory trade in Germany.

In July 2021, the Firm introduced acquisition of New World Inc., an augmented actuality art-focused non-fungible tokens (NFT) firm that permits creators, musicians, and celebrities to create and promote digital artwork.

In July 2021, the Firm introduced that New World Inc., signed a number of celebrities to its platform together with musician Karl Wolf, designer Gianpiero D’Alessandro, and worldwide recording artist Mia Martina to create unique non-fungible tokens (“NFTs”) on New World Inc. platform.

In August, the Firm introduced that New World Inc., has efficiently examined 1 million simultaneous customers inside the app platform.

On August 25, the Firm accomplished the acquisition of Optimum Coin Analyser.

To recap, within the final couple of quarters Graph’s enterprise mannequin accelerated with the profitable onboarding of Babbage Mining Corp., a Proof of Stake (“POS”) miner, Past the Moon Inc. an IDO centered firm and New World Inc. with its NFT Platform and hitting many milestones for the corporate and organising Graph for the longer term in Decentralized Finance.

Story continues

Outlook

The Firm stays centered on the growth of its POS Mining and NFTs companies in 2021, with the Firm anticipating to see development in second half of 2021 with the POS of latest altcoins and the signing onto the New World Inc. with its NFT Platform of latest creators, musicians, and celebrities.

NFTs have exploded in recognition in 2021, hovering to a formidable $2.5 billion in gross sales quantity within the first half of 2021. Whereas NFTs are undoubtedly experiencing exponential development, NFTs are nonetheless very early on in acceptance and is but to interrupt into the mainstream with collectors.

The way forward for Altcoins is vivid with the sky-high worth of Bitcoin, Altcoins have develop into a viable funding choice. With the scalability in Altcoins or cryptocurrencies is likely one of the most necessary options as a result of the extra scalability in these cryptocurrencies, the upper the expansion price of that cryptocurrency.

About Graph Blockchain Inc.

Graph Blockchain offers shareholders with publicity to numerous areas of Decentralized Finance. Specializing in altcoins by means of its wholly owned subsidiaries Babbage Mining Corp., a Proof of Stake (“POS”) miner, and Past the Moon Inc., Graph offers buyers publicity to the huge rising market of cryptocurrencies with the numerous technological disruption and potential positive factors altcoins symbolize. Extra info on the Firm is offered at www.graphblockchain.com and www.babbagemining.com.

For additional info, please contact:

Investor RelationsJamie HylandTelephone: 604.442.2425E mail: jamie@graphblockchain.com

Media RelationsJoshua Greenwald/Wealthy DiGregorioTelephone: 646.379.7971/856.889.7351E mail: gblc@kcsa.com

Neither the Canadian Securities Alternate (the “CSE”) nor its Market Regulator (as that time period is outlined within the insurance policies of the CSE) accepts accountability for the adequacy or accuracy of this launch.

Ahead-Trying Statements

This information launch incorporates “forward-looking statements” inside the which means of relevant securities legal guidelines. All statements contained herein that aren’t clearly historic in nature could represent forward-looking statements.

Typically, such forward-looking info or forward-looking statements might be recognized by way of forward-looking terminology corresponding to “plans”, “expects” or “doesn’t count on”, “is anticipated”, “finances”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “doesn’t anticipate”, or “believes”, or variations of such phrases and phrases or could include statements that sure actions, occasions or outcomes “could”, “might”, “would”, “may” or “will likely be taken”, “will proceed”, “will happen” or “will likely be achieved”. The forward-looking info and forward- trying statements contained herein embody, however should not restricted to, statements concerning: the continued development of the blockchain market. Ahead-looking info on this information launch are based mostly on sure assumptions and anticipated future occasions. These statements contain recognized and unknown dangers, uncertainties and different elements, which can trigger precise outcomes, efficiency or achievements to vary materially from these expressed or implied by such statements, together with however not restricted to: the potential lack of ability of the Firm to proceed as a going concern; the potential lack of ability of New World to proceed as a going concern; the dangers related to the blockchain business normally; elevated competitors within the blockchain market; the potential future unviability of the blockchain normally. Readers are cautioned that the foregoing checklist just isn’t exhaustive. Readers are additional cautioned to not place undue reliance on forward-looking statements, as there might be no assurance that the plans, intentions, or expectations upon which they’re positioned will happen. Such info, though thought-about cheap by administration on the time of preparation, could show to be incorrect and precise outcomes could differ materially from these anticipated.

The Firm undertakes no obligation to replace or revise any forward-looking statements, whether or not because of new info, estimates or opinions, future occasions, or outcomes or in any other case or to elucidate any materials distinction between subsequent precise occasions and such forward-looking info, besides as required by relevant legislation.

Monetary Outlook

This information launch incorporates a monetary outlook inside the which means of relevant Canadian securities legal guidelines. The monetary outlook has been ready by administration of the Firm to supply an outlook for the second half of 2021 and will not be acceptable for another goal. The monetary outlook has been ready based mostly on numerous assumptions together with the assumptions mentioned on this press launch and assumptions with respect to market situations, pricing, and demand. The precise outcomes of the Firm’s operations for any interval will doubtless differ from the quantities set forth in these projections and such variations could also be materials. The Firm and its administration imagine that the monetary outlook has been ready on an inexpensive foundation. Nevertheless, as a result of this info is very subjective and topic to quite a few dangers, together with the dangers mentioned underneath the heading “Ahead-Trying Statements”, it shouldn’t be relied on as essentially indicative of future outcomes.

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