Mr. Mohammad Ahmad of AXS Blockchain Reports AXS Blockchain Solutions Inc. has Entered Into a Letter of Intent With Blockchain Foundry Inc. to Create a Peer-To-Peer Marketplace Platform
AXS Blockchain Solutions Inc. (“AXS Blockchain”) (CSE:BAXS) is pleased to announce that it has entered into a letter of intent with Blockchain Foundry Inc. (CSE:BCFN) to create ZUBXTM, the world’s first Syscoin blockchain based peer-to-peer marketplace. ZUBXTM will allow traders to place sell orders for Bitcoin, Bitcoin Cash and Ethereum. Buyers will have the ability to engage directly with the sellers in a live instant messaging session to negotiate terms. ZUBXTM will act as an escrow agent for buyers and sellers by validating the fiat and cryptocurrency prior to each transaction.
AXS Blockchain has paid an initial deposit of US$200,000 to Blockchain Foundry, which amount will be held in trust by Blockchain Foundry to be credited against future costs associated with the development of the ZUBXTM platform.