Big Blockchain Intelligence Group Inc - BBKCF stock
Introduction[edit]
BIGG Digital Assets Inc. (CSE: BIGG, OTC: BBKCF) is a Canadian firm involved in the cryptocurrency sector. It has two main divisions: Blockchain Technology Development and Digital Currency Sales Brokerage. The firm has created QLUE, a search and analytics tool that allows entities like law enforcement and regulators to closely monitor and analyze digital currency transactions. Additionally, they offer BitRank Verified, which provides a risk score for cryptocurrencies, helping various institutions adhere to traditional regulatory standards. Furthermore, the company develops software for cryptocurrency exchanges and brokerages, emphasizing user accessibility, safety, and regulatory compliance. BIGG Digital Assets is based in Vancouver, Canada.[1]
Bigg Digital Assets Inc is listed on various exchanges such as WKN (Germany), OTCQX (USA), and TSXV (Canada). Bigg Digital is betting big on cryptocurrency and its applications with diversified investments in cryptocurrency brokerage (Netcoins), risk management and forensic investigation of cryptocurrencies (Blockchain Intelligence Group), and Metaverse Investments (TerraZero). The company has further invested in 2 more companies: Zenledger (Cryptocurrency tax software startup), and Lqwd Fintech Corp (Payment infrastructure and solutions developer).[2]
Operations[edit]
Bigg Digital Assets Inc is a digital assets company that primarily owns, operates, and invests in crypto-related businesses. Bigg Digital Assets own 3 companies: Netcoins, Blockchain Intelligence Group, and Terra Zero.[3]
Netcoins[edit]
Netcoins is the first publicly traded fully regulated, cryptocurrency platform in Canada that allows people to trade safely in cryptocurrency. Blockchain Intelligence Group provides forensic investigation services of cryptocurrencies to their clients for monitoring and tracking illicit transactions/activity. It also provides crypto training courses for individuals and corporations.[4]
Netcoins is a cryptocurrency exchange platform that facilitates the buying, selling, and trading of various cryptocurrencies for individuals and businesses. Their platform aims to provide users with an easy-to-use experience for acquiring and selling digital assets. Netcoins focuses on simplifying the process of purchasing cryptocurrencies, aiming to make it more accessible for both novice and experienced users. In addition to its trading platform, the company often emphasizes its commitment to security, user education, and regulatory compliance.[4]
On April 5, 2022, BIGG Digital Assets Inc announced the launch of 6 new coins on the NetCoins platform: APE, CRV, LINK, YFI, SUSHI, and ENJ. These coins included both established digital assets as well as new coins.[5]
Blockchain Intelligence Group[edit]
Blockchain Intelligence Group assists government entities, cryptocurrency enterprises, and financial institutions in combating fraud and money laundering activities.[3]
TerraZero[edit]
TerraZero is mainly engaged in operations related to Metaverse where they develop, acquire and finance innovative Metaverse projects, companies, entrepreneurs, and developers.[3] TerraZero operates within the Web3/Metaverse domain and boasts a client list featuring notable names like Miller Lite, PwC, Atlantic Records, Warner Records, and several major brands spanning various sectors such as finance, beauty, and food and beverage.[6] TerraZero is heavily invested in the Metaverse with businesses segmented into five divisions which include: (1) virtual real estate; (2) advertising; (3) data analytics; (4) events and marketing; and (5) infrastructure.[7]
On Feb 10 2022, BIGG Digital Assets Inc announced a strategic investment of CAD 9.8 million in TerraZero Technologies Inc. (“TerraZero”). Post this investment, Bigg Digital Assets owned around 33% of TerraZero on a fully diluted basis. As a result of this investment, Bigg gained the right to nominate one member to TerraZero’s board of directors, and they nominated Lance Morginn.[7] In 2023, BIGG agreed to exchange for roughly 62 million BIGG common shares, estimated to be worth around $20 million for all remaining shares of TerraZero.[6]
BIGG Digital Assets Inc. and its subsidiary TerraZero Technologies, in partnership with Napster, have launched the second phase of their artist metaverse experiences. Ric Wilson will host an exclusive Q&A and artist chat in a virtual hangout for Napster subscribers on May 16 at 2 p.m. EDT. The event features full-length music streaming, limited edition merchandise sales, and live fan interaction. Napster subscribers can access the session, while non-subscribers can join via a free 30-day trial.[8]
Intraverse[edit]
The Intraverse, currently in development by subsidiary TerraZero, is a social virtual platform which blends ecommerce and advanced data analytics to craft engaging, game-like spaces where people can interact with each other and the brands, music, and content they love. It offers a dynamic, all-encompassing vision for the future of online engagement, reshaping how we connect socially and commercially in a digital world. This virtual universe lets users explore and bond, providing each with a customizable Intraverse LIVE apartment as their personal digital hub. During the closed beta, users can set up accounts, pick avatars, and tweak their virtual spaces to reflect their style. Packed with next-level communication features like text and voice chat, live audio and video streams, plus a friends network and achievement system, the platform fosters community, rewarding involvement while linking artists, creators, and forward-thinking brands with their fans, followers, and buyers.[9]
Partnerships[edit]
The company has partnered with FRNT Financial Inc. to expand sales efforts for its compliance and investigative tools, QLUE and BitRank. The partnership aims to increase subscriptions and sales by leveraging FRNT’s network and advisory services to reach a broader range of business sectors.[10]
Funding[edit]
A brokered private placement was completed in March, 2024, , raising C$8 million through the sale of 33,333,333 units at C$0.24 per unit. Each unit includes one common share and one warrant exercisable at C$0.30 until March 12, 2029. The funds will be used for advertising, marketing, team expansion, regulatory applications, operational needs, and general corporate purposes. A.G.P. Canada acted as the sole agent and bookrunner, earning a C$529,396 commission and 2,151,166 compensation warrants.[11]
- ↑ Yahoo Finance. BBKCF Stock Profile. Retrieved on 8/29/2023.
- ↑ Bigg Digital Investor Presentation. August, 2023.
- ↑ 3.0 3.1 3.2 biggdigitalassets.com. Home. Retrieved on 8/29/2023.
- ↑ 4.0 4.1 Netcoins.com. About. Retrieved on 8/29/2023.
- ↑ GlobeNewswire. BIGG Digital Assets Inc. Subsidiary Netcoins Launches Six New Digital Assets: APE, CRV, LINK, YFI, SUSHI and ENJ. April 5, 2023.
- ↑ 6.0 6.1 GlobeNewswire. BIGG Digital Assets Enters into Definitive Agreement to Fully Acquire TerraZero Technologies Inc. August 25, 2023.
- ↑ 7.0 7.1 GlobeNewsire. BIGG Digital Assets Inc. Announces $9.8M Investment in TerraZero Technologies Inc. February 10, 2022.
- ↑ GlobeNewswire. BIGG Digital Assets Subsidiary TerraZero Technologies and Napster Partner to Offer Virtual Experiences to Artists on Napster, Transforming Music Fandom and Monetization. January 16, 2024.
- ↑ Globe Newswire. BIGG Digital Assets Subsidiary TerraZero Technologies Launches Closed Beta for the Intraverse: A Game-Changing Virtual and Social Experience Platform. November 7, 2024.
- ↑ GlobeNewswire. Blockchain Intelligence Group Announces Partnership with FRNT Financial to Expand Sales Program for QLUE and BitRank. March 26, 2024.
- ↑ GlobeNewswire. BIGG Digital Assets Inc. Closes Upsized Brokered LIFE Financing for Gross Proceeds of C$8 Million. March 12, 2024.
OTC Symbol: BBKCF | OTC Tier: OTCQX
