The Crypto Company - CRCW stock
Overview[edit]
The Crypto Company (OTC: CRCW) primarily provides consulting services and education for blockchain technology and for building technological infrastructure. It was one of the first publicly traded technology companies in the digital currency and blockchain sectors. The Crypto Company offers training and educational courses through its wholly-owned subsidiary, Blockchain Training Alliance (BTA). The programs focus on blockchain technology and general education on understanding blockchain for corporate and individual clients.[1]
Operations[edit]
As an early mover into the blockchain education space, The Crypto Company seeks to expand its portfolio to serve as a foundational operator providing infrastructure in the blockchain space. The company has also provided consulting services to global corporations and individual clients.[2]
The company strives towards creating a global platform accessible online so users can benefit from educational services via webinars focused on specific topics such as Bitcoin transactions and smart contract programming languages.[2]
Bitcoin Mining Operations[edit]
The Crypto Company announced it had launched bitcoin mining operations on 10th March 2022. To help make Bitcoin mining more energy efficient, the company uses partially air-cooled and immersion cooling technology with their 215 cryptocurrency miners.[3]
The mining rigs operate far more efficiently through immersion cooling, resulting in the company reducing the cost of power for mining operations to $0.035/kWh. "We are thrilled with this new line of business as it establishes our entrance into the Bitcoin mining industry. The acquisition of these 215 mining rigs represents the beginning of our Bitcoin mining operation that the company intends to expand" said Ron Levy, CEO of The Crypto Company.[3]
Milestones[edit]
Uplisting to OTCQB Venture Market[edit]
On 10th January 2022, The Crypto Company announced the uplisting from the OTC Pink Sheets to the OCTQB Venture Marketplace under the symbol CRCW. Following this announcement, the CEO and Co-Founder Ron Levy said, "Uplisting to OTCQB Venture is an important step. This creates a more orderly market for the company's stock. I believe this further validates our efforts to do our part to bring transparency and legitimacy to the exponentially growing blockchain and crypto industry,"[4] As of March, 2024, the company was again trading on the Pink Sheets.[5]
Polkadot[edit]
On the 7th September 2022, The Crypto Company's wholly-owned education subsidiary, Blockchain Training Alliance (BTA), launched a new service offering. The service provides training materials for engineers building on the Polkadot platform. Additionally, engineers will get the necessary tools and resources to work within Polkadot’s decentralized blockchain platform framework.[6]
As a result of the service, the hopes to see revenue increase. The BTA's framework allows engineers to continue learning about rapidly evolving networks and platforms. BTA can help enable engineers to engage with technical educational resources that make onboarding more efficient and effective. Based on the BTA's history and experience working with numerous blockchain environments, the agreement with Polkadot could help further expand educational developments.[6]
New offering focusing on the Metaverse, NFTs and DAOs[edit]
The Blockchain Training Alliance (BTA), announced on 21st September 2022 that it had launched a new class offering. New educational services include providing new training courses for the Metaverse, Non-Fungible Tokens (NFTs), and Decentralized Autonomous Organizations (DAOs). The service focuses on emerging aspects of blockchain and will offer classes to corporations, government agencies, and individuals. Fundaments for each segment of blockchain technology and concepts will also be included, and students will receive a Certificate of Completion award after completing the course.[7]
Additional course offerings include Understanding Cryptocurrency Blockchain Security Training, Blockchain Business Foundations, and industry-specific courses.[7]
"We believe that BTA continues to be on the cutting edge of education when it comes to emerging segments of blockchain technologies, as we see here with the launch of these three courses" said Ron Levy, CEO of The Crypto Company.[7]
Management[edit]
Key leaders of the company are:[8]
- Ron Levy, co-founder and CEO of The Crypto Company, and is also the co-founder of Redwood Rund, LP, and The Crypto Roundtable (TCR).
- Melissa Richardson, Chief Operating Officer, overseas operations of the Crypto Company subsidiary Blockchain Training Alliance (BTA).
- Amy Alonso, Operations Manager, specializes in identifying areas of opportunity for operational improvements and designing solutions for those problems.
- Kris Bennett, Chief Learning Officer, works for the Crypto Company subsidiary Blockchain Training Alliance (BTA).
- ↑ TheCryptoCompany.com. Education. Accessed on 12/12/2022.
- ↑ 2.0 2.1 Reuters. CRCW Stock. Accessed on 12/12/2022.
- ↑ 3.0 3.1 Yahoo Finance. The Crypto Company Launches Bitcoin Mining Operations. March 10, 2022.
- ↑ Yahoo Finance. The Crypto Company Announces Uplisting to OTCQB Venture Market. January 10, 2022.
- ↑ OTC Markets. CRCW Stock Overview. Retrieved on 3/25/2024.
- ↑ 6.0 6.1 Yahoo Finance. The Crypto Company Education, Consulting Subsidiary Launches New Service Offering; Inks Deal With Emerging Web3, Blockchain and Cryptocurrency Leader Polkadot. September 7, 2022.
- ↑ 7.0 7.1 7.2 Yahoo Finance. The Crypto Company Education, Consulting Subsidiary Launches New Class Offering Focused on Metaverse, NFTs and DAOs. September 21, 2022.
- ↑ TheCryptoCompany.com. About. Accessed on 12/12/2022.
OTC Symbol: CRCW | OTC Tier: Pink Current
