Epazz,
Inc. (OTC Pink: EPAZ) Looking for
Value in Blockchain
Miami,
FL-- InvestorsHub
NewsWire
-
March 2,
202,
2021 - EmergingGrowth.com, a
leading independent small cap media portal with an extensive
history of providing unparalleled content for the Emerging Growth
markets and companies, reports on Epazz, Inc. (OTC Pink:
EPAZ).
Epazz, Inc. (OTC Pink:
EPAZ) recently announced that the company is
releasing an alpha version of its app to attract beta customers to
its StreamPay service app.
StreamPay
is a solution for
managers to monitor their supply chain for risk fraud using
blockchain smart contract technology to trace raw materials to
finished goods. Please visit
https://www.streampay.io
EPAZ
also
recently announced that it is working with Greenheart
CBD Hemp company in developing their smart contracts for their IEO
(Initial Exchange Offering), and the market reacted well to their entry into this
space.
EPAZ
may not be at these levels much longer.
If you
want to get into crypto, there are not many options, so the
companies with direct exposure have been on a run. Riot
Blockchain (NASDQ: RIOT), recently ran nearly
2,000%
from $4.00 to nearly $80.00
in about 12
weeks days
and Grayscale Bitcoin Trust (OTC Pink: GBTC), ran
600%
from $10 to nearly $60
before both
stocks pulled back about 50% and 40% respectively.
If you
believe cryptocurrencies are here to stay, that's reason enough to
believe there is some value here. Blockchain stocks represent
investments in the underlying technology of bitcoin and other
cryptocurrencies.
Since its'
December low of $.012 per share, Shares of Epazz, Inc. (OTC Pink: EPAZ) have been making higher highs and lower
lows. The Riot Blockchain chart above shows a potential breakout
over $55.88.
The chart
of Epazz, Inc. (OTC Pink: EPAZ) doesn't look much different. There is a
potential breakout there over $.06.
Blockchain buyouts are the new M&A. According to
Information-Age.com deals involving blockchain
companies surged in 2020.
In 2019
Forbes identified over 100 major firms actively exploring blockchain
through industry consortiums and other projects. Their new list
features 50 with minimum revenue or valuations of $1 billion.
They include Amazon.com (NASDAQ: AMZN), Citigroup (NYSE: C), Facebook (NASDAQ: FB), Microsoft (NASDAQ: MSFT) and more who have the wherewithal to
acquire whoever or whichever technology they find beneficial.
After all, its most likely cheaper then reinventing the
wheel.
Acquisitions
started to accelerate in 2018 with
TRON's purchase of BitTorrent for $125
million,
and
Circle's acquisition of US crypto exchange
Poloniex for $400 million
In 2020,
PriceWaterhouseCoopers
reported that almost $600 million was
shelled out in the first ½ alone for acquisitions.
Next,
enter Paypal (NASDAQ: PYPL), and enter the
mainstream.
According to
Information-Age.com, the future should be expected to show
NASDAQ-listed public companies such as asset management firms
purchasing businesses
like
digital asset
exchanges.
Epazz, Inc.'s (OTC Pink: EPAZ) StreamPay is an enterprise supply chain
risk monitoring and payment tracking solution that uses blockchain
smart contracts to manage suppliers and finished goods.
StreamPay
technology keeps
distributed ledgers to create articles to insert into smart
contracts so supply chain manufacturers, suppliers, vendors,
logistics companies, and customers can track goods and services
from the raw materials to the finished product using QR codes and
digital signatures.
Currently
trading at around $.04
per
share, Epazz, Inc. (OTC Pink: EPAZ) has room to around $.06 where it could
encounter some resistance, but if it breaks
that
level, it has room to
about
$.09 per share.
Crypto and blockchain
companies continue to rise as bitcoin becomes un-mineable.
There is currently 18.58 million of a total of 21 million bitcoins in
circulation. Once the remaining 2.5 million coins are mind,
there will be none left to mine. This is expected to happen
somewhere around year 2140, but as we get closer, it gets harder
and more expensive to mine each coin.
It seems Epazz, Inc. (OTC Pink: EPAZ) could be tapping the right market with
their technology at the right time.
This
collaboration between Epazz
blockchain
technology and Greenheart CBD Hemp company is part of the
growing 'DeFi' movement,
which will take advantage of the blockchain's capacity to establish
a decentralized ecosystem, uncontrolled by a single entity, and
improved accessibility for token holders. It will address the
challenges of the lack of proper banking support for the CBD
industry worldwide.
Epazz blockchain trading technology
and Greenheart CBD Hemp company anticipate its global reach with
its initial IEO sale. It offers 200 million Greenheart Punt tokens
backed by 1,000 Liters of Greenheart's CBD oil, with an approximate
value of US$4 million. The Greenheart Punt token began trading
December 1, 2020, through the LAToken mobile app.
Investors can redeem their
tokens for CBD oil if they wish. The token will enable the holders
to skip expensive payments and processing fees charged by
traditional financial payment providers. In the IEO sale, the
company is offering 40 million Greenheart Punt tokens to accredited
non-US investors. With this premise, the company gears up to enter
the Asian Token Exchange to accommodate Asian investors, especially
in China.
EPAZ
may not be at these levels much longer.
About
Epazz,
Inc. (www.epazz.com)
Epazz
Inc.
is a provider of blockchain apps and a cloud-based software company
specializing in providing customized cloud applications to the
corporate world, higher-education institutions, and the public
sector. Epazz
BoxesOS™
v3.0 is a complete web-based software package for small- to
mid-size businesses, Fortune 500 enterprises, government agencies
and higher education institutions. BoxesOS
provides
many of the web-based applications organizations would otherwise
need to purchase separately. Epazz's
other
products include K9Sky.com kennel
software and
the Provitrac applicant
tracking system.
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