COINSILIUM GROUP LIMITED
("Coinsilium" or the
"Company")
Coinsilium Group Limited: Web3
Collaboration with Liteflow Update
First Web3 Start-Up Pitch Day set
for 30 July 2024
London, UK, 25 July 2024 -
Coinsilium Group Limited (AQSE: COIN) (OTCQB: CINGF), the
Web3 investor, advisor, and venture builder is pleased to provide
an update on its strategic collaboration agreement with Liteflow,
a Web3 and NFT
Tool Suite provider.
As announced on 2 July 2024, Coinsilium and Liteflow signed a
Memorandum of Understanding (“MoU”) as a first step in
a planned long term strategic collaboration agreement, with
an initial campaign launched in tandem, offering
pre-selected start-up projects access to US$1million in dedicated
seed project funding. This initiative forms part of a programme to
identify and support the next generation of leading Web3
projects.
Targeted projects were to be selected from best-in-class
DeFi, GameFi, and SocialFi applications.
We are pleased to report that the first Web3 Start-Up Pitch
Day has now been set for 30 July 2024 and the short-listed projects
named below have now been selected from numerous applications
received earlier this month.
-
OpenCloset.ai, the one-stop
platform for every brand willing to get into Web3 with scientific
proof;
-
Astra Nova, a revolutionary action
RPG co-created by and for gamers;
-
Qudo, a Web3 gaming platform that
converts Web2 into Web3 games;
-
Shockwaves, an FPS game powered by
AI and music; and
-
Cyrator, a crypto research
community and social media platform to share crypto reviews,
project updates and news.
Project founders and teams will be pitching via a private
video conferencing session and at the end of the process selected
projects may receive an offer of potential seed investment and
advisory services. Given the high number of applications received,
it is expected that Liteflow and Coinsilium will hold Pitch Day
sessions on a monthly basis over the course of 2024.
Eddy Travia, Chief Executive at Coinsilium, commented:
“It is exciting to see this
initiative with our partners at Liteflow coming to life so quickly
and we have been very impressed by the level of interest from Web3
projects and by the quality of some of the applications we have
received.
This is certainly a positive sign
for our first Pitch Day and bodes well for future events whilst
underpinning our conviction that the Web3 sector is on a major
growth trajectory, attracting an increasing number of talented
entrepreneurs and developers.”
The Directors of Coinsilium Group Limited take responsibility
for this announcement.
Coinsilium Group Limited
Malcolm Palle, Executive Chairman
Eddy Travia, Chief Executive
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+350 2000 8223
+44 (0) 7785 381 089
www.coinsilium.com
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Peterhouse Capital Limited
Aquis Growth Market Corporate Adviser
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+44 (0) 207 469 0930
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SI Capital Limited
Nick Emerson (Broker)
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+44 (0) 1483 413 500
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Notes to Editor
About Coinsilium
Coinsilium is an investor, advisor and venture builder at the
forefront of Web3 convergence. The Company invests in and
accelerates Web3 and AI powered technology start-ups whilst
supporting their development and commercialisation.
Coinsilium also provides strategic advisory services to
start-ups looking to issue tokens through token generation events.
Coinsilium’s wholly owned subsidiary Coinsilium (Gibraltar) Limited
is the Company’s operational hub in Gibraltar.
In 2015, Coinsilium became the first blockchain company to
IPO. Coinsilium shares are traded on the Aquis Growth Market in
London, under the ticker symbol "COIN", and on the OTCQB Venture
Market in the United States under the ticker symbol
"CINGF".
About Liteflow
Liteflow is a Web3 & NFT tool suite provider, offering
solutions designed to propel business innovation and success.
Catering to a broad spectrum of sectors including GameFi, PointFi,
ArtFi, SocialFi, and DeFi, Liteflow supports projects from their
inception to well-established phases. Trusted by leading companies,
Liteflow is the go-to platform for transformative digital
solutions.