Global Blockchain Technologies Corp (CNSX:BLOC.U) (OTCMKTS:BLKCF) said Friday that X2 Games will be the company’s new business focus.
The Vancouver-based company closed on the purchase of the blockchain-focused gaming company on December 17, acquiring all intellectual property rights to X2 Games’ current projects including digital interactive games for Amazon.com Inc (NASDAQ:AMZN) Alexa. One of these games, “St. Noire,” has a pre-release date set for early 2019, with three other Amazon Alexa games set to be launched this year.
The purchase of X2 Games tapped Nolan Bushnell, co-founder of Atari and Chuck E. Cheese’s, and Hollywood creative director and visual effects developer Zai Ortiz in key leadership roles as Global Blockchain pivots to gaming.
“This transition will help X2’s goal to revolutionize gaming and merge it with cinema and artificial intelligence in exciting ways,” Bushnell, chairman and CEO of X2 Games, said in a statement.
Ortiz, chief creative officer, co-founder and president of X2 Games, added that “X2 is well-positioned to take advantage of this rapidly growing industry.”
Shares of Global Blockchain climbed C$0.01 to C$0.04 in Thursday’s Canadian trading. They traded at US$0.03 on the OTC Markets.
Contact Dennis Fitzgerald at [email protected]