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Bluesky Digital Assets Expands with Strategic Investment into ChessGold Inc. an online Chess Revolution
FOR IMMEDIATE RELEASE
Toronto, Ontario, January 22, 2025 – Bluesky Digital Assets Corp., (CSE: BTC), (OTCQB: BTCWF), (“Bluesky” or the “Corporation”) announced today that it has made a strategic investment into ChessGold Inc. (“ChessGold”) an online digital game developer with a new spin on digital coins www.chessgold.ap
Bluesky has agreed to enter into a loan agreement with ChessGold where Bluesky will advance up to $1,000,000 CAD to ChessGold. Any funds advanced by Bluesky to ChessGold will be backed by a General Security Agreement on the assets of ChessGold. Any advances shall also bare an interest rate of 5% per annum. Bluesky shall also have the ability to convert any amounts outstanding from the loan into Common Shares of ChessGold. ChessGold will use any proceeds loaned by Bluesky to ChessGold for General Working Capital purposes and to fund ChessGold’s planned “go public” endeavors. Should either ChessGold or Bluesky, elect to convert any of the outstanding amounts owed to Bluesky into Common Shares of ChessGold, the price of the Common Shares for the conversion shall be determined at the time of conversion. The conversion price will be determined by the valuation of ChessGold’s business at the time of conversion or should ChessGold have commenced its go public endeavor, the conversion price will be set to the Initial Public Offering price.
Bluesky’s continued focus on Artificial Intelligence (“AI”) and Blockchain (“BC”) led to this natural fit with ChessGold which embraces these new verticals in it’s game development process. In a further development, the Corporation is also pleased to announce that ChessGold is now a commercial client of the Corporation’s BlueskyIntel.com platform. The Bluesky Intel platform will assist and offer consulting expertise for ChessGold in it’s last mile before full market launch.
Gramos Mjeku, CEO of ChessGold stated: “Chess is a timeless and elegant game, cherished by millions across the globe. At ChessGold, we’ve elevated this classic game with innovative features aimed at enriching the experience and making it more engaging for players of all skill levels. This is chess in its purest form, enhanced for the modern era without compromising its authenticity. After more than five years of dedicated effort, we’re excited to announce that ChessGold is set to launch in just a few days. As a proudly Canadian-founded company, our mission is to operate on a global scale, sharing this innovation with chess enthusiasts everywhere. We’re eager to unveil the ChessGold app and invite you to join us in transforming how chess is played and enjoyed.”
Ben Gelfand, CEO of Bluesky stated: “We are ecstatic to have the opportunity to make an investment into this amazing opportunity as our Company has been searching for this kind of dynamic and innovative deal in the gaming space, and we believe we have found a winner. We are also very pleased to work with Mr. Mjeku who has a focused his career on computer science and technology, and he has extensive technical expertise for the digital web and app-based game business.”
About Bluesky Digital Assets Corp.
Bluesky Digital Assets Corp, has created a high value digital enterprise at the intersection of Artificial Intelligence, Blockchain and Web3 business solutions. Leveraging its success as an early adopter providing proprietary technology solutions, Bluesky has invested in its Roadmap. Bluesky’s platform, BlueskyINTEL, is well positioned to leverage the current exponential growth of Artificial Intelligence (“AI”) and Blockchain based technologies through a tightly focus built collaborative platform. This innovative web platform offering supports and better enables businesses to adopt and utilize these emerging and developing technologies.
For further information please contact:
Mr. Ben Gelfand
CEO & Director
Bluesky Digital Assets Corp.
T: (416) 363-3833
E: [email protected]
Mr. Frank Kordy
Secretary & Director
Bluesky Digital Assets Corp.
T: (647) 466-4037
E: [email protected]
Forward-Looking Statements
Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward- looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE accepts responsibility for the adequacy or accuracy of this release. We seek safe harbor.
DOWNLOAD THIS PRESS RELEASEpress release archives (CALENDAR)
2025 Q1 PRESS RELEASES
January 22, 2025
“Bluesky Digital Assets Expands with Strategic Investment into ChessGold Inc. an online Chess Revolution”
READ JANUARY 22, 2025 FULL RELEASE2024 Q3 PRESS RELEASES
September 30, 2024
“BlueskyINTEL Launches Enhanced AI Business Functionality to Web Engagement Platform”
READ SEPTEMBER 30, 2024 FULL RELEASEAugust 24, 2024
Bluesky Digital Assets Corp., Provides Corporate Update
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BlueskyINTEL Soft Launches AI-Powered B2B/C2B Matchmaking Service
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June 14, 2024
Bluesky Digital Assets Corp. OTC Markets Trading Symbol Change
READ JUNE 14, 2024 FULL RELEASEJune 3, 2024
Bluesky Digital Assets Corp. Announces Proposed Share Consolidation
READ JUNE 3, 2024 FULL RELEASE2024 Q1 PRESS RELEASES
February 22, 2024
Bluesky Digital Assets Corp. Engages with Weteams for Global Expansion of BlueskyINTEL
READ FEBRUARY 22, 2024 FULL RELEASE2023 Q4 PRESS RELEASES
December 4, 2023
Bluesky Digital Assets Corp., Announces Global Expansion Plans for BlueskyINTEL
READ DECEMBER 04, 2023 FULL RELEASE2023 Q3 PRESS RELEASES
September 7, 2023
Bluesky Digital Assets Corp., Announces BlueskyINTEL Platform AI Milestone
READ SEPTEMBER 07, 2023 FULL RELEASEAugust 28, 2023
Bluesky Digital Assets Corp., Announces BlueskyINTEL Platform AI Focus
READ AUGUST 28, 2023 FULL RELEASE2023 Q2 PRESS RELEASES
May 8, 2023
Bluesky Digital Assets Corp., Announces BlueskyINTEL Artificial Intelligence (“AI”) Web Engagement Platform Business Expansion Phase
READ MAY 8, 2023 FULL RELEASEApril 11, 2023
Bluesky Digital Assets Corp. Announces Non-Brokered Private Placement Offering of Up To an Aggregate of C$663,750
READ APRIL 11, 2023 FULL RELEASEApril 3, 2023
Bluesky Digital Assets Corp., Implements Business Strategy for its Artificial Intelligence Web Engagement Platform
READ APRIL 4, 2023 FULL RELEASE2023 Q1 PRESS RELEASES
March 31, 2023
Bluesky Digital Assets Corp., Debt Settlement and Corporate Update
READ MARCH 31, 2023 FULL RELEASEMarch 30, 2023
Bluesky Digital Assets Corp., Announces BlueskyINTEL Artificial Intelligence (‘AI’) Web Engagement Platform Expansion Phase
READ MARCH 30, 2023 FULL RELEASEMarch 20, 2023
Bluesky Digital Assets Corp., Announces Planned Expansion of Its Artificial Intelligence (‘AI’) R&D Division
READ MARCH 20, 2023 FULL RELEASE
January 27, 2023
Bluesky Digital Assets Corp., Announces Blockchain Engagement Platform Expansion Release
READ JANUAY 27, 2023 FULL RELEASE
2022 Q4 PRESS RELEASES
October 21, 2022
Bluesky Digital Assets Corp., Announces the Launch of its Blockchain Engagement Platform
READ OCTOBER 21, 2022 FULL RELEASE
October 11, 2022
Bluesky Digital Assets Corp., Announces Expansion Plans. Targets Mining 1 BTC Per Day
READ OCTOBER 11, 2022 FULL RELEASE
2022 Q3 PRESS RELEASES
August 30, 2022
Bluesky Digital Assets Corp., Releases its Q2, 2022 Financial Results
READ AUGUST 30, 2022 FULL RELEASE
2022 Q2 PRESS RELEASES
June 8, 2022
Bluesky Digital Assets Corp., Announces Normal Course Issuer Bid
READ JUNE 8, 2022 FULL RELEASE
June 3, 2022
Bluesky Digital Assets Corp., Provides Update on the Status of the Bitmain Antspace Hydro Miner
READ JUNE 3, 2022 FULL RELEASE
May 24, 2022
Bluesky Digital Assets Corp., Expands BlueskyINTEL Blockchain Engagement Platform
READ MAY 24, 2022 FULL RELEASE
May 3, 2022
Bluesky Digital Assets Corp., Releases Its 2021 Audited Financial Results And Reports Record Revenues
READ MAY 3, 2022 FULL RELEASE
April 6, 2022
Bluesky Digital Assets Corp., Enters into a Joint Venture Agreement with Monbanc. The Joint Venture has selected Bitmain’s S19 Pro Hydro as the miner of choice for its mining operations in Texas
READ APRIL 6, 2022 FULL RELEASE
2022 Q1 PRESS RELEASES
March 28, 2022
Bluesky Digital Assets Corp., Enters Into A Strategic Relationship with Monbanc Corporation, Expands Current Mining Capacity, and appoints new Director.
READ March 28, 2022 FULL RELEASEFebruary 23, 2022
Bluesky Digital Assets Corp., Announces BlueskyINTEL Expansion Strategy
READ FEBRUARY 23, 2022 FULL RELEASEFebruary 14, 2022
Bluesky Digital Assets Corp., Announces Strategic Diversification in Texas
READ FEBRUARY 14, 2022 FULL RELEASEJanuary 20, 2022
Bluesky Digital Assets Corp. Closes Oversubscribed Non-Brokered Private Placement, $2,860,750 CAD In Total Gross Proceeds Raised.
READ JANUARY 20, 2022 FULL RELEASE2021 Q4 PRESS RELEASES
December 13, 2021
Bluesky Provides Bitcoin and Ethereum Mining Update for November
READ DECEMBER 13, 2021 FULL RELEASEDecember 10, 2021
Bluesky Digital Assets Corp., Appoints Raymond Chabot Grant Thornton as Auditor
READ DECEMBER 10, 2021 FULL RELEASEDecember 1, 2021
Bluesky Confirms Receipt of Additional $1.2 Million Dollars of Strategic Mining Hardware
READ DECEMBER 1, 2021 FULL RELEASENovember 30, 2021
Bluesky Digital Assets Corp., Releases its Q3, 2021 Financial Results
READ NOVEMBER 30, 2021 FULL RELEASENovember 8, 2021
Bluesky Provides Bitcoin and Ethereum Mining Update for October Achieves Record Start to a Quarter.
READ NOVEMBER 8, 2021 FULL RELEASENovember 3, 2021
Bluesky Announces Additional $1.2 Million Dollar Strategic Mining Hardware Acquisition
READ NOVEMBER 3, 2021 FULL RELEASEOctober 28, 2021
Bluesky Confirms Receipt of $1.2 Million Dollars of Strategic Mining Hardware
READ OCTOBER 28, 2021 FULL RELEASEOctober 25, 2021
Bluesky Announces Strategic Blockchain Initiatives
READ OCTOBER 25, 2021 FULL RELEASEOctober 19th, 2021
Bluesky Announces $1.2 Million Dollar Strategic Mining Hardware Acquisition
READ OCTOBER 19TH, 2021 FULL RELEASEOctober 12th, 2021
Bluesky Provides Bitcoin and Ethereum Mining Update for September, Record Production Achieved in Q3 2021.
READ OCTOBER 12TH, 2021 FULL RELEASEOctober 4th, 2021
Bluesky Digital Announces Closing of $3.25 Million CDN Private Placement with Institutional Investors
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
READ OCTOBER 4TH, 2021 FULL RELEASEOctober 1st, 2021
Bluesky Achieves Corporate Record of $1,044,000 CDN Mined In Quarter, Provides Q3 Snapshot
READ OCTOBER 1ST, 2021 FULL RELEASE2021 Q3 PRESS RELEASES
September 28, 2021
Bluesky Digital Announces $3.25 Million CDN Private Placement with Institutional Investors
READ SEPTEMBER 28TH, 2021 FULL RELEASESeptember 7, 2021
Bluesky Digital Assets Corp., Provides Bitcoin and Ethereum Mining Update, $407,175 CDN Mined in August 2021.
READ SEPTEMBER 7TH, 2021 FULL RELEASEAugust 31, 2021
Bluesky Digital Assets Corp., Releases its Q2, 2021 Financial Results
READ August 31st, 2021 FULL RELEASEAugust 12, 2021
Bluesky Digital Assets Corp., Provides Bitcoin and Ethereum Mining Update, $316,500 CDN Mined in July 2021.
READ August 12 2021 FULL RELEASEAugust 9, 2021
Bluesky Digital Assets Corp., Ethereum Mining Update
READ August 9, 2021 FULL RELEASEJuly 7, 2021
Bluesky Digital Assets Corp., Appoints Mr. Jakson Inwentash as a Director of the Corporation
READ July 7, 2021 FULL RELEASE2021 Q2 PRESS RELEASES
June 11, 2021
Bluesky Digital Assets Corp., Releases its Q1, 2021 Financial Results
READ June 11, 2021 FULL RELEASEMay 25th, 2021
Bluesky Digital Assets Corp., Announces Primary Facility Capacity Increase
READ MAY 25Th, 2021 FULL RELEASEMay 6th, 2021
Bluesky Digital Assets Corp., Announces ESG Policy and Commitment to Environmentally Minded Digital Mining
READ MAY 6Th, 2021 FULL RELEASEMay 3rd, 2021
Bluesky Receives MCTO; Delay in Filing Audited Annual Financial Statements
READ MAY 3RD, 2021 FULL RELEASEMay 3rd, 2021
The Management of the Corporation applied for, and were granted a MCTO from the Ontario Securities Commission. The MCTO will remain in place until all filings in regard to the Corporation’s 2020 Audit are completed and filed with the Commission.
READ MAY 3RD, 2021 MCTOApril 13Th, 2021
Bluesky Digital Assets Corp., Common Shares will commence trading on the OTCQB in the United States
READ APRIL 13Th, 2021 FULL RELEASEApril 6Th, 2021
Bluesky Digital Assets Corp., Common Shares have been included into the CSE Composite Index
READ APRIL 6Th, 2021 FULL RELEASEApril 1st, 2021
Bluesky Digital Assets Corp., Releases a Snapshot of its Q1 2021 Performance, Achieves Quarterly Result Record of $1,000,000 CDN in Gross Revenue
READ APRIL 1st, 2021 FULL RELEASE2021 Q1 PRESS RELEASES
March 16, 2021
Bluesky Digital Assets Corp., Receives a Combined Total of $714,860.00 CDN in Proceeds Via Warrant Exercises
READ MARCH 16, 2021 FULL RELEASEMarch 10, 2021
Bluesky Digital Assets Corp., Receives $652,880.00 CDN from Warrant and Stock Option Exercise
READ MARCH 10, 2021 FULL RELEASEMarch 9, 2021
Bluesky Digital Assets Corp., Executes on a Material Mining Hardware Purchase of One Million Dollars USD in ASIC Mining Machines.
READ MARCH 9, 2021 FULL RELEASEFebruary 22nd, 2021 (#2)
Bluesky Digital Assets Corp., Announces the Commencement of a Non-Brokered Private Placement
READ FEB. 22nd (#2) FULL RELEASEFebruary 22nd, 2021
Bluesky Digital Assets Corp., Deploys $500,000.00 CDN Worth of New Mining Assets into Full Production
READ FEB. 22nd FULL RELEASEFebruary 8th, 2021
Bluesky Digital Assets Corp., Executes on a Material Mining Hardware Purchase and Announces a Significant International Supplier Relationship with Pandaminer
READ FEB. 8TH FULL RELEASEJanuary 20th, 2021
Bluesky Digital Assets Corp., Acquires $500,000.00 CDN Worth of New Mining Assets
READ JAN. 20TH FULL RELEASEJanuary 18th, 2021
Bluesky Digital Assets Corp., Raises $2,183,000.00 CDN via the Completion of its Oversubscribed Private Placement, Engages North Equities, Grants Stock Options, Announces an Exercise of Stock Options
READ JAN. 18TH FULL RELEASEJanuary 12th, 2021
Bluesky Digital Assets Corp., Announces Strategic Partnership with WeDig Techsolutions (P) Ltd.
READ JAN. 12TH FULL RELEASE2020 Q4 PRESS RELEASES
READ OCT. 16TH FULL RELEASE
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October 16th, 2020
Bluesky Digital Assets Corp., Announces Rights Offering
October 5th, 2020
Bluesky Digital Assets Corp., Provides Update, Retires the Majority of its Total Debt Obligations, Provides Defi and Digital Mining Update
2020 Q3 PRESS RELEASES
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READ AUG 4TH FULL RELEASE
September 1st, 2020
Bluesky Digital Assets Corp., Releases Q2, 2020 Financial Results
August 24th, 2020
Bluesky Digital Assets Corp., Announces Membership in the Crypto Valley Association.
August 18th, 2020
Bluesky Digital Assets Corp., Engages Financial Advisory Firm, Completes Acquisition.
August 17th, 2020
Bluesky Digital Assets Corp., Announces Launch of its “DeFi” subsidiary and funding initiative.
August 4th, 2020
Bluesky Digital Assets Corp., Announces “Stablecoin” Research and Development Initiative
2020 Q2 PRESS RELEASES
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June 15, 2020
Bluesky Digital Assets Corp., Announces Partnership with Canadian Digital Asset Custody Company Brane Inc.
READ FULL RELEASEJune 1, 2020
Bluesky Digital Assets Corp., Releases Q1, 2020 Financial Results & Provides Update
May 12, 2020
Bluesky Digital Assets Corp., Announces Fifth Deployment of Advanced ASIC Mining Machines
May 11, 2020
Bluesky Digital Assets Corp., Provides an Update on Share Consolidation
May 04, 2020
Bluesky Digital Assets Corp., Announces Share Consolidation & Engages IR Firm
April 06, 2020
Bluesky Digital Assets Corp., Announces Joint Venture
2020 Q1 PRESS RELEASES
March 02, 2020
Bluesky Digital Assets Corp., Announces Continuing Scale of its Active Mining Assets
READ FULL RELEASEFebruary 10, 2020
Bluesky Digital Assets Corp., Announces a $1,000,000.00 CDN Convertible Debenture Financing to Further Expand its Digital Mining Operations
READ FULL RELEASEJanuary 17, 2020
Bluesky Digital Assets Corp. Provides Update on the Continued Expansion of its Digital Mining
READ FULL RELEASE2019 Q4 PRESS RELEASES
December 02, 2019
Bluesky Digital Assets Corp., Assigned BTCWF As Its OTC Markets Trading Symbol
READ FULL RELEASENovember 25, 2019
Gunpowder Capital Corp., Announces Name Change to Bluesky Digital Assets Corp.
READ FULL RELEASENovember 25, 2019
Gunpowder Capital Corp., Closes Fourth Tranche of its Non-Brokered Private Placement of Units
READ FULL RELEASENovember 06, 2019
Gunpowder Capital Corp., Completes the sale of another London based property. Invests proceeds from the sale into the Corporation’s Digital Assets Division.
READ FULL RELEASEOctober 28, 2019
Gunpowder Capital Corp., Completes the sale of two of its London based properties. Invests proceeds from the two sales into the Corporation’s Digital Assets Division.
READ FULL RELEASEOctober 21, 2019
Gunpowder Capital Corp., Appoints Ms. Evelin Wong as CFO, Grants Stock Options
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October 02, 2019
Gunpowder Capital Corp., Provides Update on the Expansion of the Corporation’s Fully Owned Digital Assets Subsidiary
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2019 Q3 PRESS RELEASES
September 30, 2019
Gunpowder Capital Corp., Announces Resignations of Director and CFO
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September 13, 2019
Gunpowder Capital Corp., Announces Change of Auditor
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September 04, 2019
Gunpowder Capital Corp., Appoints Ben Gelfand as Chief Executive Officer
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August 29, 2019
Gunpowder Capital Corp., Closes Third Tranche of its Non-Brokered Private Placement of Units, Enters Into Loan Agreement, Settles Debt.
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July 11, 2019
Gunpowder Capital Corp., Expands Cryptocurrency Operations
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2019 Q2 PRESS RELEASES
May 30, 2019
Gunpowder Capital Corp., Completes the Sale of two of its Windsor based properties, Invests all proceeds from the sale into MethodeVerte Inc., the Corporation’s fully owned Cryptocurrency Subsidiary.
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May 27, 2019
Gunpowder Capital Corp., Appoints Anthony R. Pearlman as President and COO of Crypto Mining Subsidiary.
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May 22, 2019
Gunpowder Capital Corp., Forms Cryptocurrency Subsidiary and Commences Cryptocurrency Operations.
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May 13, 2019
Gunpowder Capital Corp., Closes $257,000.00 CDN Second Tranche of its Non-Brokered Private Placement of Units, Increases Size of Offering to $5,000,000.00 CDN.
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2019 Q1 PRESS RELEASES
March 22, 2019
Gunpowder Capital Corp., Signs an LOI to Commence a Joint Venture Commercial Hemp Production Farm With Grange Conservation LLC.
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March 13, 2019
Gunpowder Capital Corp., Invests $240,000.00 CDN into Franchise Holdings International Inc., (OTCQB: FNHI).
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March 11, 2019
Gunpowder Capital Corp., Loans $100,000.00 CDN To A Construction Services Company.
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March 04, 2019
Gunpowder Capital Corp., Announces a $1,500,000.00 CDN Non-Brokered Private Placement of Units.
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February 28, 2019
Gunpowder Capital Corp., Enters into a strategic relationship with Hemp Inc., (OTC PINK: HEMP) with the purpose of entering into the Industrial Hemp Industry in the United States.
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February 20, 2019
Gunpowder Capital Corp., Completes the Sale of its Fifth USA Home Rehabilitation Property.
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February 07, 2019
Eighteen Fifty Equity Inc., Engages Gunpowder Capital Corp.
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February 01, 2019
Gunpowder Capital Corp., Receives $102,750.00 CDN in Compensation, Makes Strategic Investment, Settles Debt.
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January 08, 2019
Gunpowder Capital Corp. Provides Update on Acquisition of Koch & Gsell AG.
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January 03, 2019
Gunpowder Capital Corp., Declares Quarterly Dividend.
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January 02, 2019
Gunpowder Capital Corp., Enters Letter of Intent to Acquire The Manufacture of The World’s First Tobacco-and-Hemp Cigarette, Koch & Gsell AG of Switzerland.
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