Blockchain Technology Breakthrough
Innovation is where business and technology converge in a really powerful way. Nothing exemplifies this type of innovation better than cryptocurrency and its underlying blockchain technology.
DMG Blockchain Solutions is seizing on blockchain’s potential and turning it into a profitable reality for its investors. A quick glance at the company’s highlights according to Globe News Wire demonstrate how the company has hit the ground running, as does the fact that CEO Dan Reitzik is putting his money where his mouth is by buying shares of his own company in the open market. The CEO however is not alone as DMG’s Chairman recently bought shares as well with his highest acquisition price being $1.77 at time of publication. DMG currently trading around .80 which could create a very interesting entry point for investors.
DMG Key Highlights:
Key Achievements & Operational Highlights
- 2,650 Mining Rigs Sold: MaaS allocated 4 megawatts of power sold out
- Power Update: DMG expects an additional 40 megawatts ready for mid-2018
- Bitcoin Mining: Launching what could be the largest industrial bitcoin mining complex in North America with power capacity of up to 85 megawatts
- Blockseer and AI: Carefully managed M&A plan underway with the acquisition of leading Silicon Valley-based artificial intelligence (AI) and Blockchain company, Blockseer
- Key partnerships that can be catalysts for growth and margin expansion (Bitmasters, Foreside Financial, Mogo, Emerald Health Therapeutics, Element Fleet Management, D-Link, Primary Engineering and CannaChain)
- More than $35 million raised in 2017 with institutional ownership of more than 20%”
MaaS Currently Sold Out
DMG Blockchain Solutions has already sold out its available capacity of 4 megawatts and 2,650 mining rigs for its cryptocurrency Mining-as-a-Service (MaaS) business. Under DMG’s unique MaaS business model, customers purchase mining rigs and receive the bitcoin mined directly while DMG provides hosting and management services. Major orders were from leading Japanese clients Foreside Financial and Bitmasters. An additional 40 megawatts of capacity is expected to be in place mid-2018, which if filled, will be the biggest Facility In North America!
Additionally, the DMG Blockchain’s operational achievements in 2018 to date include: breaking ground on a new mining facility with up to 85 megawatts of power; the acquisition of A.I. leader Blockseer; and initiatives with key partners like D-Link, Primary Engineering, Emerald Health Therapeutics, Mogo, Foreside Financial, and Bitmasters.
DMG’s CEO, Dan Reitzik elaborates: “This is our first report for our shareholders and the first of many to come. We continue to provide our shareholders with opportunities other crypto players do not see or are unable to execute upon due to our experience and relationships built over several years in the industry. DMG is not only establishing itself as the leader in crypto mining but also in blockchain and AI platform development with our recent acquisition of Blockseer. Our pipeline is strong and exciting, and few have it. In fact, market weakness has created more opportunities for DMG as power providers are becoming more educated as to whom they want to deal with. We thank our investors and customers for all of their support to date.”
A Blockchain Investment Whose Success Is Not Impacted By Falling or Rising Cryptocurrency Values
All markets are volatile by nature and cryptocurrency is no exception; in fact, as an emerging new class of assets, it is even more subject to fluctuations. Those interested in stable, steady investments should instead focus on companies developing blockchain, the highly secure and adaptable code underlying cryptocurrency.
Recent IPO DMG Blockchain Solutions Inc. (TSX.V: DMGI) OTC: (DMGGF) has potential for strong growth thanks to its four diversified revenue streams. Because it focuses on software development, not digital coins, DMG Blockchain Solutions (TSX.V: DMGI) OTC: (DMGGF) is a blockchain investment whose success is not impacted by falling or rising cryptocurrency values.
Blockchain: A Disruptive Technology Projected to Grow
Some call blockchain “the most disruptive technology to come along in decades.” Blockchain technology operates an online ledger that makes secure cryptocurrency transactions possible. First developed by Bitcoin, blockchain can revolutionize many industries outside finance including healthcare, web services and land records management.
Highly secure with many case-uses, the global blockchain market is expected to grow at a compound annual growth rate (CAGR) of 42.8% to reach $13.96 billion by 2022.
Where to Find Legitimate Blockchain Exposure
Anything that gets buzz in the financial industry invariably leads to scams, so naturally there’s also a lot of blockchain related scams out there right now.
In the past several months, companies like Long Island Iced Tea (LBCC), Rich Cigars Inc. (RCGR) and Eastman Kodak (KODK) have all announced plans to change their name and enter the blockchain space in hopes of capitalizing on the buzz. In some cases this move is as transparent as simply adding “blockchain” to the company name with no substantive connection to blockchain. These companies lack the substance and infrastructure to truly be considered “pure blockchain” plays and were merely using the name blockchain to generate hype. DMGI has been making massive moves and is poised to be the leader in the Blockchain space when the crypto markets heat back up.
Amid this frenzy a would-be titan waited in the shadows: DMG Blockchain Solutions Inc. has been making massive moves preparing for its IPO. DMG Blockchain Solutions Inc. (TSX.V: DMGI) OTC: (DMGGF) offers the safety of diversified revenue sources combined with proven expertise and key strategic partners so it can provide investors with legitimate exposure to the high upside potential associated with blockchain’s meteoric rise.
DMG Blockchain Solutions is led by a diverse team of highly experienced cryptocurrency developers, blockchain operators, forensic and financial experts with deep relationships throughout North America and Japan. DMG Blockchain has quickly established itself as a global leader in more than just Bitcoin mining, but also Maas (Mining as a Service), forensic analysis and diversified blockchain platform development.
DMG Blockchain’s Four Diversified Revenue Sources
Diversity is the key to adaptability, in both evolution and business. DMG Blockchain offers investors the established security of diversification by offering four distinct revenue streams:
Revenue Stream #1: Blockchain Software Platform Development
Software platform development has the highest upside potential for DMG Blockchain Solutions 4 revenue streams. DMG Blockchain Solutions has partnered with well-chosen companies to develop blockchain-based software solutions tailored to their unique business needs.
For example, DMG Blockchain and Emerald Health Therapeutics (TSX.V: EMH) signed a letter of intent on January 26 to develop a foundational blockchain-based supply chain management system and e-commerce marketplace for Canada’s legal cannabis industry.
In this joint venture, Emerald would provide its expertise and reputation as one of the first Canadian Licensed Producers under Access to Cannabis for Medical Purposes Regulations. DMG Blockchain Solutions will develop and implement a blockchain supply chain management solution designed specifically for the cannabis industry.
CannaChain’s supply chain management system platform aims to give end consumers total transparency and assurances regarding the origins and characteristics of a cannabis product. The platform will also ensure adherence to Health Canada reporting requirements. Because each step in the supply chain is securely recorded in the blockchain, this ground-breaking platform creates an irrefutable record outlining the journey a product has made. The implications of this project could prove highly useful to all kinds of horticultural or agricultural industries.
In fact, Emerald Health Therapeutics was not the first such company to see this potential for blockchain tech. Little Calyx Bio-Ventures (CYX.V) have been working on something similar, with B2B messaging and e-commerce platform for well over a year and have already started developing their early seed-to-sale weedco product several years ago with Vodis Pharma (VP.C).
Revenue Stream #2: Forensics and Data Analysis
DMGI is getting ahead of the increasing discussion around cryptocurrency regulation by working directly with law enforcement, accounting and legal firms to provide forensic services related to cryptocurrency.
Proving itself to be transparent and honest, DMG Blockchain’s Certified Fraud Examiners (CFEs) work with blockchain analytic software companies to assist in cybercrime investigations so blockchain remains safe and transparent.
Revenue Stream #3: Bitcoin Mining
Bitcoin mining can be profitable when combined with the latest computing technology and low cost power. DMG Blockchain recently announced a deal with Mogo Finance Technology, one of Canada’s leading financial technology companies, to create a new state-of-the-art Bitcoin mining facility in British Columbia.
Revenue Stream #4: Mining as a Service (Maas)
This is our personal favorite revenue stream for DMGI because no matter what volatile dips may occur in the Crypto markets DMG STILL GETS PAID! In December, Aim Explorations Ltd. (TSX-V:AXN.H), a capital pool company announced that its qualifying transaction target, DMG Blockchain Solutions Inc. had launched a bitcoin mining model, Mining-as-a-Service (“MaaS”), at the annual Bitmasters Conference in Kobe, Japan with more than 1,500 members of the Bitmasters network in attendance. Mining as a Service (MaaS) provides end-to-end hosting services for investors in new Bitcoin ASIC computers and related Bitcoin mining operations.
The Bitmasters network is comprised of tens of thousands of bitcoin owners and influencers who want to both mine bitcoin and buy it via exchanges. MaaS was a hit with the Bitmasters network; DMG received an order over CAD $3 million for the hardware purchase and set-up, with monthly recurring hosting revenues to begin upon completion. As previously stated, it has already sold out of its capacity with plans for an event larger facility soon.
DMG not only owns servers for Bitcoin mining but also has access to a facility that can accommodate up to 40 self-contained mobile server units totaling 20,000 servers.
DMG charges a fee to clients to cover operation and maintenance of the servers while providing them with consistent access completely unaffected by Bitcoin pricing. Mining as a Service (MaaS) solutions are available for organizations in need of mining solutions by simply contacting the company directly via their web site.
Mining as a service frees DMG Blockchain from the extreme cost associated with replacing servers every 18 to 24 months. This cost saving measure combined with the more consistent revenue stream gives DMG Blockchain a solid foundation from which to build.
Strategic Partnerships are Vital to DMG Blockchain
DMG Blockchain has already partnered with several other companies.
On January 23, 2018 DMG Blockchain announced an agreement with Mogo Finance Technology Inc. (TSX: MOGO) to form a venture focused on Bitcoin mining and a lease for 1,000 bitcoin mining machines to be operated by DMG under the MaaS model.
MOGO is a large fintech firm that offers expensive short term financing online. They have partnered with DMM in hopes of forming their own crypto exchange and will use DMG’s aforementioned facilities in British Columbia.
On December 4, 2017 DMG and Element Fleet Management Corp. (TSX: EFN) announced plans to develop a new blockchain solution for fleet management to provide greater efficiencies and cost-savings for customers. This alliance is one of the first to work with fleet management inefficiencies using blockchain technology to strengthen life-cycle management.
DMG also recently announced it acquired Blockseer, a Silicon Valley company who wants to make blockchain data and applications more accessible by providing analysis of patterns, l metrics, clear visualizations, and actionable intelligence.
Blockseer is an exploratory blockchain tool that asks its users to “follow the bitcoin.” The tool shows a visual interpretation of transactions on the network by illustrating the the path of bitcoins traveling throughout the blockchain in a visual diagram.
This acquisition of Blockseer is important for DMG Blockchain because it brings over both talent and clients.
How Does DMG Blockchain Compare to the Competition?
DMG Blockchain Solutions (TSX.V: DMGI) US Traded (DMGGF)’s combination of diversification, consumer products and software development makes it a strong contender in the blockchain space.
“You Don’t Invest In A Company, You Invest In Its Management”
DMG Has Put Together An Experienced Team of Proven Leaders. . It’s impressive management team includes seasoned experts with extensive and prestigious experience working at juggernauts like Bitfury, PwC, EY, Cisco and UBS.
Dan Reitzik – Co-Founder,CEO & Director
Dan Reitzik is a successful entrepreneur who built companies such as Digital Youth Network, a joint venture between Rogers Wireless, Canada’s largest mobile phone network and Universal Music, the world’s largest record label.
Chris Filiatrault – Co-Founder & Chairman of the Board
Chris Filiatrault is a co-founder and director of DMG. Mr. Filiatrault has been developing internet technology and software for the Japanese business market for three decades. In May of 2012, Mr. Filiatrault brought Bitcoin to the Japanese market and even opened the first Bitcoin ATM in Tokyo in 2014 in addition to having authored a book about Bitcoin in Japanese.
Sheldon Bennett – CTO & Director
Sheldon Bennett has over 20 years of management experience leading global companies such as PwC, Ernst & Young, Baker & McKenzie, Cisco Systems and Fonterra CIS. Sheldon led Bitfury’s Canadian mining operations for three years and was responsible for: the setup and development of industrial bitcoin mining operations, including government relations; power optimization with Canadian utility companies; and the engineering and development of mining operations.
Steven Eliscu – EVP Corporate Development
Steven Eliscu heads up Corporate Development for DMG Blockchain Solutions. He was recently Head of Finance at Bitfury and before that had his own consulting business and was part of a corporate development team that executed a half billion-dollar acquisition. Steve was long ago an equity research analyst at UBS for 9 years during which time he covered semiconductor companies with an aggregate market cap in excess of $200 billion. He also has experience in executive marketing and business development roles in the semiconductor and network equipment sectors.
Danny Yang – the newest addition from the Blockseer Deal
Danny Yang is the founder and CEO of Blockseer and is still based out of Silicon Valley. He previously built a leading Bitcoin platform in Taiwan called Maicoin.com which included brokerage, merchant payment, wallet services, and integrated platform with banks. On top of it all, Danny has an ivy league education; he holds a Chemistry and Physics degree from Harvard, and a Ph.D in Computer Science from Stanford.
Invest in Stable Growth from Blockchain Technology
Investors looking to profit from the continued growth of blockchain technology should take note of a stable growth potential.
Fly-by-night opportunities like companies randomly attaching the word “blockchain” to their name are unviable and unlikely to yield much profit, if any.
Instead, investors should look for companies with reliable, proven experience in the blockchain market as well as a solid growth plan focused on diversified revenue streams.
DMG Blockchain Solutions meets all these criteria and offers the potential for stable growth with a competitive edge. No matter what volatility may occur in the crypto markets DMGI still gets paid and is poised to be the LEADER of this 700 Billion dollar industry. Investors should perform their due diligence and immediately begin consider buying shares of DMG Blockchain Solutions (TSX.V: DMGI) OTC: (DMGGF) Its not a matter of will Crypto bounce back the question is “when.” DMG is poised to be the leader of this industry and savvy investor’s are looking at it as a smart way of utilizing blockchain’s growth for maximum profit potential.