Skip to main content

BOTS Inc. Announces Acquisition of D’BOT Technology Corp to Make Cryptocurrency Trading Safer and More Accessible to the Public

Written by Customer Service on . Posted in Mergers And Acquisitions.

JACKSONVILLE, FL, May 26, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — BOTS, Inc.  (OTCMARKETS: MCIG) (GERMAN EXCHANGE: M06.SG), emerging innovator of products, technologies, and services for the rapidly growing robotics industry – announced today the acquisition of D’BOT Technology Corp (“D’BOT”).
D’BOT has developed several cutting-edge AI powered trading bot platforms (in Beta phase) and has an experienced team of developers with expertise in robotic automation processes and enterprise grade blockchain platforms to deliver advanced crypto and financial services with unprecedented security and transaction speeds.BOTS, Inc ($BOTStm ) plan is to leverage the technological platform powered by D’BOT in different industry segments in order to generate revenue by introducing a novel hybrid decentralized cryptocurrency exchange that has many innovative features such as its own unique DEX blockchain.Market capitalization for all crypto coins currently stands at a quarter of a trillion dollars.  Twenty-four-hour trade volume in the cryptocurrency market passed the $110 billion mark according to CoinMarketCap.com.Decentralized exchanges are rapidly growing in popularity due to fewer regulations and being less susceptible to hacking. In 2019 total volume in USD for this segment grew to 2.5 billion dollars.“If you were worried about having your cryptocurrency stolen from a traditional centralized exchange, you were not alone,” said Paul Rosenberg, Company’s CEO.  “From Mt. Gox to Bitfinex and many other crypto exchanges, there have been too many well-publicized news stories around the world of exchanges being hacked and hundreds of millions of dollars’ worth of crypto being stolen along with personal information. We will offer completely new ways to trade digital currencies without keeping your coins on the servers of third-party exchanges but instead traded utilizing decentralized crypto exchanges known as being ‘DEX’ powered but in our case, secured by bots.”A recent Forbes.com article https://www.forbes.com/sites/oluwaseunadeyanju/2020/04/28/why-bitcoin-exchanges-are-building-their-own-blockchain/amp/ discussed several new developments in the DEX industry, like “developing blockchain based crypto exchanges which will be able to grow their market share and operate more efficiently” and the fact that the world’s busiest crypto exchanges are betting on decentralized platforms to drive the growth of decentralized commercial applications, particularly toward institutional financial inclusion.Management believes that in the post-COVID economy, decentralization and more decentralized economies will emerge as being an indispensable addition to any industry.  About BOTS, Inc.Headquartered in San Juan, Puerto Rico, BOTS, Inc. – publicly traded on the OTC Markets under the symbol (OTC:MCIG) and on Börse Stuttgart under ticker (M06.SG) – is a diversified company servicing the robotics needs of its customers. The Company is committed to drive the innovations needed to shape the future of robotic automation management through digital technology and decentralized blockchain solutions. Management is dedicated to the strong growth of Distributed Asset Technology and Robotic Process Automation (RPA)The Company has been featured in media nationwide, including CNBC, Bloomberg, TheStreet.com. For more information, visit www.bots.bzVisit us on Facebook @ https://www.facebook.com/Bots.Bz/Follow us on Twitter @Bots_bzForward-Looking StatementsThis press release may include predictions, estimates or other information that might be considered forward-looking within the meaning of applicable securities laws. While these forward-looking statements represent the Company’s current judgments, they are subject to risks and uncertainties that could cause actual results to differ materially. You are cautioned not to place undue reliance on these forward-looking statements, which reflect the opinions of the Company’s management only as of the date of this release. Please keep in mind that the Company is not obligating itself to revise or publicly release the results of any revision to these forward-looking statements in light of new information or future events. When used herein, words such as: potential, expect, look forward, believe, dedicated, building, or variations of such words and similar expressions are intended to identify forward-looking statements. Factors that could cause actual results to differ materially from those contemplated in any forward-looking statements made by the Company herein are often discussed in filings the Company makes with the United States Securities and Exchange Commission (SEC) available at www.sec.gov and on the Company’s website at http://www.bots.bz.Contact:Paul Rosenbergpaul@mciggroup.org

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.