BIGG Digital Assets Inc. (“
BIGG”
or the “
Company”)
(CSE: BIGG; OTCQX:
BBKCF; WKN: A2PS9W), a leading innovator in the digital
assets space and owner of Netcoins, and Blockchain
Intelligence Group and TerraZero is pleased to announce the
addition of Due Diligence Audits to its arsenal of digital asset
investigations and compliance services. This strategic move comes
in response to the proliferate demand for digital asset auditing
solutions arising after the discovery of the multi-billion dollar
FTX fraud in November 2022. There is vast business potential, and a
regulatory need, within the digital asset market for auditing and
due diligence services. BIGG recently completed a proof of reserves
and platform due diligence audit for Wonderfi Technologies Inc.,
Canada’s largest regulated crypto investing platform.
The Company is also pleased to announce that
Shone Anstey, Blockchain Intelligence Group (BIG) original
co-founder and pioneering blockchain data expert, has rejoined the
Company as a strategic advisor. Mr. Anstey will work with our
prospective AI partners, assisting to integrate new technologies
with BIG’s more than 28 Billion data points (see news release dated
December 7, 2023).
Mr. Anstey, a veteran technology business owner
and former founding member of Blockchain Intelligence Group, serves
as the CEO of LQWD Technologies Corp. (TSXV: LQWD) - a premier
Canadian Bitcoin Lightning Network company. Mr. Anstey brings a
vast amount of technical expertise and relevant knowledge in the
digital asset space.
“I am tremendously excited to rejoin BIGG as a
Strategic Advisor. Applying Artificial Intelligence, Machine and
Deep Learning to BIG’s massive dataset, is something we were only
able to imagine when we started the Company. This initiative will
not only provide advantages for our BIG and Netcoins clients, but
may also provide proactive anti-fraud, anti-theft, anti-trafficking
tools that have not previously been available to law enforcement
globally. I look forward to working with the team at BIGG to
develop and advance these product offerings. As a major stakeholder
of BIGG, holding more than 90% of my original equity, I am truly
invested in the continued growth and success of the Company,”
commented Shone Anstey.
About BIGG Digital Assets
Inc.BIGG Digital Assets Inc. (BIGG) believes the future of
crypto is a safe, compliant, and regulated environment. BIGG
invests in products and companies to support this vision. BIGG has
three portfolio companies: Netcoins (netcoins.com), Blockchain
Intelligence Group (blockchaingroup.io), and TerraZero
(terrazero.com).
Blockchain Intelligence Group
builds technology to power compliance and intelligence for the
crypto future. Banks and crypto companies depend on our technology
to monitor risk from crypto transactions. Investigators and law
enforcement quickly identify and track illicit activity. Blockchain
Intelligence Group is trusted globally by banks, crypto companies,
law enforcement, fintech’s, regtech’s and governments.
Netcoins offers safe and secure
crypto trading in Canada and the USA, with a mission to make
cryptocurrency easily accessible to the mass consumer and investor
with a focus on fast, simple and transparent trading. Netcoins has
a robust product offering with Crypto Trading, Netcoins Pay
Mastercard and Netcoins Staking. Netcoins utilizes BitRank
Verified® software at the heart of its platform and facilitates
crypto trading via its cutting-edge Mobile and Web applications.
For more information please visit our website www.netcoins.com.
TerraZero Technologies Inc. is
a vertically integrated Metaverse development group and leading
Web3 technology company specializing in helping brands create
immersive experiences. TerraZero's Metaverse-agnostic vision is to
develop and implement products and services with scalable
commercial applications to flourish engagement across gamified
experiences where enterprise-level businesses, metaverse platforms,
and Web3 creators can seamlessly bridge and actionably grow their
virtual world and the physical world endeavours together as one.
TerraZero owns digital real estate for brands to establish presence
in existing virtual worlds and can also offer brands their own
private worlds to provide offices and services to those interested
in the metaverse. Furthermore, TerraZero acquires, designs, builds,
and operates virtual assets and solutions to monetize the metaverse
ecosystem. TerraZero’s businesses are segmented into five (5)
divisions which include: (1) immersive experience creation in
existing or private virtual worlds; (2) advertising; (3) data
analytics; (4) events and marketing; and (5) development of the
Intraverse. TerraZero aims to support the community, foster
innovation, and drive adoption. For more information, please visit
https://terrazero.com/ or contact hello@terrazero.com.
For more information and to register for BIGG’s
mailing list, please visit our website at
https://www.biggdigitalassets.com. Or visit SEDAR+ at
www.sedarplus.ca.
Future operating results could also be
materially affected by the price of cryptocurrency and the demand
(or lack thereof) for cryptocurrency. In addition, BIGG’s past
financial performance may not be a reliable indicator of future
performance.
Forward-Looking
Statements:Certain statements in this release are
forward-looking statements, which include the expected
opportunities, outcomes, potential and benefits of the Company’s
products and services, the expected adoption and growth of
cryptocurrency and the Company’s products and services, the
development and completion of products and services, the launch of
products and services including adding AI and ML, the potential
growth and offering of the Due Diligence Audit services, events,
plans, courses of action, and the potential of the Company’s
technology and operations and other matters. Forward-looking
statements consist of statements that are not purely historical,
including any statements regarding beliefs, plans, expectations or
intentions regarding the future. Such information can generally be
identified by the use of forward-looking wording such as “may”,
“expect”, “estimate”, “anticipate”, “intend”, “believe” and
“continue” or the negative thereof or similar variations. Readers
are cautioned not to place undue reliance on forward-looking
statements, as there can be no assurance that the plans, intentions
or expectations upon which they are based will occur. By their
nature, forward-looking statements involve numerous assumptions,
known and unknown risks and uncertainties, both general and
specific that contribute to the possibility that the predictions,
estimates, forecasts, projections and other forward-looking
statements will not occur. These assumptions, risks and
uncertainties include, among other things, the state of the economy
in general and capital markets in particular, the ability to manage
operating expenses, which may adversely affect the Company’s
financial condition, the ability to remain competitive as other
better financed competitors develop and release competitive
products, volatility in the trading price of the common shares of
the Company, the demand and pricing of cryptocurrency, the
Company’s ability to successfully define, design and release new
products in a timely manner that meet customers' needs; the ability
to attract, retain and motivate qualified personnel; competition in
the industry; and other factors, many of which are beyond the
control of BIGG. Forward-looking statements contained in this press
release are expressly qualified by this cautionary statement. Undue
reliance should not be placed on the forward-looking information
because BIGG can give no assurance that they will prove to be
correct. The securities of BIGG are considered highly speculative
due to the nature of BIGG’s business. For further information
concerning these and other risks and uncertainties, refer to the
Company’s website and filings on www.sedarplus.ca. In addition,
BIGG’s past performance may not be a reliable indicator of future
performance.
Important factors that could cause actual
results to differ materially from BIGG’s expectations include
consumer sentiment towards BIGG’s products and Cryptocurrency and
Blockchain technology generally, technology failures, the lack of
demand for the company’s products and services, fluctuations in the
price of cryptocurrency, the ability to successfully define,
design, and release new products in a timely manner that meet
customers’ needs; the ability to attract, retain, and motivate
qualified personnel; competition in the industry; the impact of
technology changes on the products and industry; failure to develop
new and innovative products; the ability to successfully maintain
and enforce our intellectual property rights and defend third-party
claims of infringement of their intellectual property rights; the
impact of intellectual property litigation that could materially
and adversely affect the business; the ability to manage working
capital; and the dependence on key personnel; competition; the
demand and pricing of cryptocurrencies and NFTs (including digital
assets); litigation; security threats, including a loss/theft of
NFTs, cryptocurrencies, and other assets; and failure of
counterparties to perform their contractual obligations.
The forward-looking statements contained in this
press release are made as of the date of this press release. Except
as required by law, BIGG disclaims any intention and assumes no
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise.
Additionally, BIGG undertakes no obligation to comment on the
expectations of, or statements made by, third parties in respect of
the matters discussed above.
The CSE does not accept responsibility
for the adequacy or accuracy of the content of this Press
Release.
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