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(Original link: businessinsider.com)
GLOBAL BLOCKCHAIN AND X2 GAMES TO CREATE A DYNAMIC INTERACTIVE GAMING COMPANY; X2 GAMES TO FOCUS ON INTERACTIVE AMAZON ALEXA GAMES TO SUPPLY THE 50 MILLION HOME DEVICES WITH GAMING CONTENT
To leverage the powerhouse capabilities of gaming company X2 Games, GLOBAL BLOCKCHAIN will create a subsidiary for its enterprise and exchange-related interests and X2 Games will merge with GLOBAL BLOCKCHAIN . Introducing the experience and visionary abilities of Atari founder Nolan Bushnell and animation legend Zai Ortiz, GLOBAL BLOCKCHAIN will be in a superior position to lead the introduction of blockchain-based interactive video game experiences to the mainstream gaming market.
VANCOUVER, British Columbia, Oct. 10, 2018 (GLOBE NEWSWIRE) -- GLOBAL BLOCKCHAIN TECHNOLOGIES CORP. (CSE: BLOC, BLOC.CN, BLOC.CNX) (FSE: BWSP) (OTC: BLKCF) ("BLOC", “Global Blockchain” or the "Company") announces that it will be creating a subsidiary entity for its enterprise and exchange activities (the “Subsidiary”) with a view to unlocking their value through a spinout of critical mass assets, and merging its remaining media and entertainment investments and projects with those of X2 Games Corp. (“X2 Games”). More details about the component assets of the spinout for shareholders of record November 15 th , 2018 (the “Record Date”) will be forthcoming.
X2 Games is an independent Games Publisher for cutting edge games that integrate Blockchain Technology and Cryptocurrency into the user’s game experience. Their business model is building multiplayer gaming experiences, providing never-been-seen-before-design and animation services and integrating technologies such as augmented/alternate/virtual reality into video games. X2 Games uses new technologies to create unique game experiences for conventional and experimental platforms. With the industry poised to hit $138 billion USD by year’s-end 1 . X2 Games is positioning itself to be a world leader in the next-generation of gaming.
NOLAN BUSHNELL – THE GODFATHER OF THE VIDEO GAME INDUSTRY
The Godfather of the Video Game Industry, Nolan Bushnell, created X2 Games, which is focused on innovative gaming technologies. Atari, founded over 40 years ago, gave the world the first blockbuster video game. Nolan later spearheaded the Atari 2600 console which revolutionized the home gaming market. If Atari was not enough for one lifetime achievement, Nolan also created Chuck E. Cheese, creating a pizza parlor and video game entertainment center-hybrid that quickly became popular with children and adults across the United States and the entire world. Nolan paved the way for the global gaming and entertainment industries that have changed billions of peoples’ lives and shaped generations of gamers globally. That was only the beginning of the legacy that he has created. Legendary in the industry he created, Nolan has also been recognized by colleagues and peers, including being named one of the “50 People Who Changed America” by Newsweek. He has also been inducted into both the “Video Game Hall of Fame” and the Consumer Electronics Association Hall of Fame. He is continually striving to ensure his life passions meet at the intersection of technology and entertainment to make people’s lives better through fun!
ZAI ORTIZ – THE HOLLYWOOD INNOVATOR AND CREATOR OF VISUAL ART
The management of X2 Games also includes Zai Ortiz, President, Co-Founder and Chief Creative Officer — an accomplished digital animator who created Iron Man’s J.A.R.V.I.S. system holograms seen in Marvel movies. Ortiz also supervised creative teams in producing visuals for films to include TRON: Legacy, Sherlock Holmes, and Mission: Impossible. Ortiz’s creative virtuosity and keen eye for futuristic designs drives the Company’s mission to give gamers around the world a true cinematic story experience unlike any they’ve ever had. His latest creative project – the AI-driven murder-mystery game ST. NOIRE - bears out this promise, and lays the foundation for X2 Games’ future ambitions in immersive, interactive storytelling. Previously, Ortiz was a founder and CEO of DARK MATTER - a specialized design and visual communications studio in Hollywood, CA, as well as served as the creative director for in-game cinematic Bethesda’s massively popular game The Elder Scrolls – Legends.
X2 GAMES AND BLOC SYNERGY
As X2 Games’ business model aligns well with BLOC’s existing efforts that relate to the tokenization of gaming platforms, the two companies have elected to join forces. Post-acquisition, BLOC will be focused on applications of blockchain technology to the video game, eSports and entertainment industries. It will continue to work on its existing projects, alongside the development of X2 Games’ existing projects. Nolan Bushnell will become the Co-Chairman and CEO of BLOC.
Chairman, CEO and Founder of X2 Games, Nolan Bushnell states, “Creativity is every company’s first driver. It’s where everything starts, where energy and forward motion originate. Withou...