Coinsilium Group Limited (COIN)
Coinsilium New Advisory Client
04-Jun-2019 / 07:00 GMT/BST
Dissemination of a Regulatory Announcement that contains inside information
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The issuer is solely responsible for the content of this announcement.
4 June 2019
COINSILIUM GROUP LIMITED
("Coinsilium" or the "Company")
OASISBloc Retains Coinsilium as Advisor for US$35m Targeted Presale and IEO
New Blockchain-based Platform Developed by Top 10 Blockchain Technology
Solution Provider
London, UK, 4 June 2019 - Coinsilium Group Limited (NEX:COIN), the
blockchain venture builder, advisor and investor that finances and manages
the development of early-stage blockchain technology companies, is pleased
to announce its engagement with Singapore registered OASISValue Pte. Ltd.
("OASISBloc").
Highlights:
? Coinsilium is to provide advisory services in relation to OASISBloc's
US$35m targeted presale and Initial Exchange Offering ("IEO") for Oasis
Chain, a new blockchain-based platform for distributed value, data
sharing, storage and transaction across various domain partners;
? In parallel to the advisory engagement, Eddy Travia CEO of Coinsilium is
to join the OASISBloc Board of Advisors;
? Terms pertaining to the advisory engagement are market sensitive and
subject to confidentiality agreements, however certain additional
information is provided below; and
? OASISBloc, backed by DoubleChain Inc. in Korea, is the first
blockchainized data platform designed for trading useful data & value in
the business world.
Coinsilium's CEO, Eddy Travia, commented: "We are delighted to have been
retained as advisors for OASISBloc on its forthcoming IEO.
"We are witnessing a growing market interest in this new form of token
generation event conducted in tandem with cryptocurrency exchanges.
"As this emerging trend gains momentum, we anticipate higher demand for our
advisory services and our aim is to remain selective and advise the highest
quality projects led by teams with a strong technical expertise such as
OASISBloc.
"Coinsilium continues to grow its advisory arm and new engagements such as
that announced today, articulate the Company's growing reputation and with
success, can materially bolster the Company's revenues and underlying
balance sheet. Both elements build shareholder value as our market continues
to advance and grow."
About OASISBloc
OASISBloc, backed by DoubleChain Inc in Korea, is the first blockchainised
data platform designed for trading useful data & value in the business
world. OASISBloc consists of Oasis Chain and 21 Domain Chains focused on
various industries.
OASISBloc aims to build a solid ecosystem by gathering partners from many
industry sectors to act as a data marketplace. OASISBloc adds extra value to
data through AI and big data analysis. The Domain Chains benefit from
OASISBloc's value-added services and market data platform. A token
ecosystem, with the OSB token at its core, will provide fair rewards to all
participants and contributors.
The Oasis Chain and the Domain Chains will use the innovative ePOA consensus
algorithm (equitable Proof of Authority) to ensure that block generations
and verifications are conducted by a selected trusted authority. OASISBloc
is developed by Korean blockchain studio Doublechain Inc, a Top 10
Blockchain Technology Solution Provider (as ranked by APAC CIO Outlook), and
is led by Mr. William Samgu Chun, pioneer entrepreneur and innovator in
blockchain technologies.
For further information about OASISBloc please visit:
[1]https://www.oasisbloc.io/ [2]
Advisory Service Terms
Terms pertaining to advisory engagements are market sensitive and subject to
confidentiality agreements. As a rule, service fees are made up of monthly
retainer fees and a final success fee; the latter usually being a fixed fee
or single digit percentage of the global proceeds of the project token sale,
payable on its successful completion. Whilst these revenues can be
meaningful, fees are usually denominated or payable in cryptocurrencies or
project tokens and are therefore often subject to the high levels of
volatility witnessed in this industry.
The Directors of Coinsilium Group Limited take responsibility for this
announcement.
For further information, please contact:
Malcolm Palle, Executive Chairman +44 (0) 7785 381089
Coinsilium Group Limited
Eddy Travia, CEO +44 (0) 20 3889 4312
Coinsilium Group Limited
www.coinsilium.com [3]
Guy Miller / Mark Anwyl +44 (0) 207 469 0930
Peterhouse Capital Limited
(NEX Exchange Corporate Adviser)
Nick Emerson +44 (0) 1483 413 500
SI Capital Limited
(Broker)
Notes to Editor
About Coinsilium
Coinsilium is a venture builder, investor and advisor, supporting
early-stage blockchain technology companies and the digital token economy.
As the first ever IPO of a blockchain company in 2015, Coinsilium harnesses
its experience and wide-ranging network to invest in some of the world's
leading blockchain projects such as RSK/RIF Labs and Factom.
Coinsilium shares are traded on NEX Exchange Growth Market, the primary
market for unlisted securities operated by NEX Exchange, a Recognised
Investment Exchange under the Financial Services and Markets Act 2000.
For further information about Coinsilium please visit: www.coinsilium.com
ISIN: VGG225641015
Category Code: MSCH
TIDM: COIN
Sequence No.: 8956
EQS News ID: 818707
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(END) Dow Jones Newswires
June 04, 2019 02:02 ET (06:02 GMT)
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