Financial News

BlockMint Releases its Upgraded Minter Crypto Browser with Unique NFT Feature

By: Newsfile
  • The new Minter browser allows users to exchange their earned cryptocurrency for fractional NFTs or carbon offsets.
  • A first in the crypto-browser world.

Vancouver, British Columbia--(Newsfile Corp. - May 3, 2021) -  BlockMint Technologies Inc. (TSXV: BKMT) ("BlockMint" or the "Company") is pleased to announce that it has released a new, upgraded version of its Minter Crypto Browser. The new release incorporates a feature that allows users of its distributed crypto-miner browser "Minter" to exchange their earned cryptocurrency for a fractional ownership in a non-fungible token (NFT) from BlockMint's NFT portfolio. The new browser also retains the previously released feature allowing users to exchange their earned cryptocurrency for carbon credits to offset their carbon footprint. This new version of Minter is available to download at getminter.com.

BlockMint's CEO, Nelson Ijih commented: "This is our most important and innovative Minter version release to date and another first for BlockMint. The new Minter browser allows users to exchange their earned crypto for either fractional NFT interests or carbon offset credits. BlockMint continues to lead the industry in crypto browser innovation and product firsts. We expect to continue the trend with additional product features in the coming months."

A NFT is a unit of data on a blockchain where each NFT can represent a unique digital item and thus they are not interchangeable. NFTs can represent digital files such as art, audio, video and other forms of creative work. While the digital files themselves are infinitely reproducible, the NFTs representing them are tracked on their underlying blockchains and provide buyers with proof of ownership. BlockMint has created and acquired a number of NFTs for its portolfio.

The Minter browser allows users to use their spare computing power to mine cryptocurrencies to earn either: (i) carbon credits to help offset their carbon footprint; or (ii) fractional ownership in a NFT. The current version of Minter is for use on desktops and laptops with a Windows operating system.

In connection with the new NFT feature of Minter, the Company is also pleased to announce that it has a new website at blockmint.ai.

About BlockMint Technologies Inc.

BlockMint, through its wholly owned subsidiary, Blockmint (USA) Technologies Inc., develops distributed systems and networks that enable a more decentralized deployment of blockchain based applications such as cryptocurrency mining.

On behalf of
BLOCKMINT TECHNOLOGIES INC.

Nelson Ijih

Nelson Ijih, CEO
info@blockmint.ai

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the business strategy and objectives of BlockMint, building a NFT portfolio, new features of its Minter browser and expected timing on the release of updates to its Minter browser. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. There is further no assurance that the Company will be successful in developing, commercializing or profitably operating its new business in the manner described. Accordingly, readers should not place undue reliance on forward-looking statements. The Company 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 required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/82574

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