Stock Market Wealth

HAVE NO FEAR – Your Best Blockchain Play Is HERE!

by Aug 7, 2019Stock Market Wealth

I hate to brag, but another one of my predictions just came true – actually, several of them came true this past week. The U.S. dollar fell below its 200-day moving average, signaling the beginning of the end of its bull run; Chinese regulators just declared that Bitcoin is “virtual property” and therefore legal to own; and politicians like House Minority Leader Kevin McCarthy are finally starting to praise crypto and the blockchain.

Heck, even Federal Reserve Chairman Jerome Powell – who hates to say anything positive about non-fiat money – said that Bitcoin is a store of value and an alternative to gold. He’s still pretty ignorant and doesn’t seem to understand the nuances of gold versus crypto ownership, but it’s all about baby steps: at least he’s admitting that Bitcoin does have value.

Meanwhile, Arizona Senator Kyrsten Sinema conceded that cryptocurrencies aren’t the first choice for drug traffickers. It looks like these stodgy politicians are finally softening their stance on crypto, which of course is bullish for cryptocurrencies generally, and blockchain stocks in particular.

I’m not against taking a moderate position in Bitcoin; the pullback from $13,500 to $10,000 has indeed presented a decent entry point, though my followers know that I got in before Bitcoin had even reached $1,000.

As you can see, ICOx is truly a full-service, end-to-end blockchain solution provider. They partner with established brands to create proprietary blockchains and tokens – they’ll even assist with regulatory compliance, a challenging task that most companies couldn’t do on their own.

Even Facebook is having a hard time working with regulators: Facebook crypto chief David Marcus was the hot seat last week, getting grilled like a burger on the Fourth of July by the Senate. Marcus held up pretty well, but the corporate world learned an important lesson: don’t try to build your own cryptocurrency unless you know what you’re doing.

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And ICOx knows exactly what they’re doing: they are a leading company in the industry and they’ve been building proprietary blockchains for a long time. Their Board of Directors includes financial luminaries like Edmund Moy, the former Director of the United States Mint, and Alphonso Jackson, who has served as the U.S. Cabinet Secretary and the Vice-Chair of JPMorgan Chase.

Their biggest catalyst is probably going to be ICOx’s partnership with Cathio, a company that provides the worldwide Catholic community with payment, donation, and money transfer solutions. Backed by an executive team of Catholic influencers and a global network of 1.3 billion potential users, the growth potential for Cathio is mind-boggling.

Courtesy: Cathio

Q2 of 2019 ended on an auspicious note for Cathio as they announced a Memorandum of Understanding with Kambista, the first fintech currency exchange platform in Peru. Over 80% of the Peruvian population is Catholic, so this partnership marks an opportunity for penetration into a sizable and lucrative but largely untapped market.

ICOx’s role will be to move these and other prospective clients onto the blockchain seamlessly and efficiently, and with full regulatory compliance.

Best Regards,

Lior Gantz
President, WealthResearchGroup.com

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Disclaimer ICOx Innovations Inc. (the “Company”) for Forward-Looking Statements

This article contains forward-looking statements. All statements, other than statements of historical fact that address activities, events or developments that the author believes, expects or anticipates will or may occur in the future are forward-looking statements. Forward-looking statements in this article include statements regarding: the potential success of Walmart’s cryptocurrency coin; the likelihood of Facebook’s Libra Coin becoming a game changer; the likelihood of Libra Project introducing cryptocurrency to 2.4 billion Facebook, Instagram and Whatsapp users; the likelihood of every major company developing their own proprietary currency in the near future; the potential uses of a Walmart currency; the likelihood that a Walmart Coin would reach 265 million customers who visit Walmart each week; the impact of a Walmart Coin on credit cards and the blockchain industry; the likelihood of other companies following Facebook and Walmart in the development of their own cryptocurrencies; the likelihood that companies will require a company such as the Company to develop their cryptocurrencies; the disruptive effects of Walmart and Facebook on the payments industry; the likelihood of companies needing the experience and expertise of the Company’s board members; the inability of companies to build blockchain technology on their own; the likelihood of BitRail and Freedom-Coin serving a community of 4.7 million registered users and potentially transacting over $650 million annually; the likelihood of Freedom-Coin becoming one of the most retail-transacted cryptocurrencies in the U.S. over the next 12 months; and the likelihood of the Companymaking the crypto revolution into a reality and creating extraordinary value for businesses, customers, and shareholders, all beneficiaries of this unique blockchain innovator. The forward-looking statements reflect the author’s current expectations based on information currently available and are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those discussed in the forward-looking statements. Although the author believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, undue reliance should not be put on such statements due to their inherent uncertainty. Factors that could cause actual results or events to differ materially from current expectations include: changes in growth and size of cryptocurrency and blockchain technology market; attitude of corporations toward cryptocurrency and blockchain; the development and adoption rate of Walmart’s and Facebook’s cryptocurrencies; the continued growth and success of KODAKOne, BitRail, Cathio and GunBroker.com; the extent to which blockchain technology will be internationally implemented; potential changes for retail transactions involving cryptocurrency; changes in market conditions and other factors beyond the control of the Company.

 

Legal Notice:

This work is based on SEC filings, current events, interviews, corporate press releases and what we’ve learned as financial journalists. It may contain errors and you shouldn’t make any investment decision based solely on what you read here. It’s your money and your responsibility. Wealth Research Group has been compensated two hundred and fifty thousand dollars for a three months marketing agreement, directly by ICOx Innovations. The information herein is not intended to be personal legal or investment advice and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought.

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