On 19 July 2018, Byte Power Group Limited (ASX:BPG) announced that it intended to undertake a token generation event for the Byte Power X Loyalty Token. BPX Tokens are utility tokens relating to the loyalty program which provides a discount on commissions for users of the Byte Power X Cryptocurrency Exchange.
Byte Power Group Limited
Through Wimobilize, the Group has a new cutting edge technology solution, a proprietary Advance Hybrid Artificial Intelligence Big Data Technology Platform consisting of 31 Advance Analysis Engines, 4 levels of Hybrid Correlation and Al Profiling Algorithms customised for governmental, healthcare, banking, telco and tourism industries. This proprietary Big Data technology platform elevated the AI Predictive Analysis and deep insight intelligence to a new paradigm, applicable to any market segment.
This Wimobilize Big Data technology powered e-commerce ecosystem will provide the next generation innovative trading platform for distributing the Company's Australian wine, organic honey and honeycomb.
Byte Power Group Limited (ASX:BPG) provides the Company's Annual Report for the period ended 30 June 2018.
On 1 August 2018 the ASX issued a query letter to Byte Power Group Limited (ASX:BPG).
Your Directors submit the preliminary final report for Byte Power Group Limited (ASX:BPG) and the entities it controlled at the end of, or during, the year ended 30 June 2018.
Byte Power Group (ASX:BPG) is pleased to announce that it has received AUSTRAC registration approval as of today. Coinciding with this AUSTRAC approval, BPG intends to undertake a token generation event for the Byte Power X Loyalty Token. Attached is the investor presentation in relation to the BPX Tokens.
Byte Power Group Limited (ASX:BPG) Mr Warwick Powell Concluding Consultancy Services Providing Strategic Support
Byte Power Group (ASX:BPG) advises that Mr. Warwick Powell is concluding his consulting services that provide strategic support to Byte Power.
In response to a request for clarification from the Australian Stock Exchange, Byte Power Group Ltd (ASX:BPG) is pleased to provide a further update following the Settlement Agreement that has been reached with Soar Labs Pte Ltd as per the ASX announcement dated 24th May 2018.
Byte Power Group Ltd (ASX:BPG) is pleased to provide an update on further developments in relation to the suspension of Soar Coins by Soar Labs Pte Ltd (Soar Labs) as last updated to the market by ASX announcement dated 12th February 2018.
Byte Power Group Ltd (ASX:BPG) is pleased to provide a further update on the progress of the development and implementation of the Cryptocurrency Exchange currently being developed for its subsidiary, Byte Power Pty Ltd.
Byte Power Group Ltd (ASX:BPG) is pleased to announce that it has secured an investor for A$1,000,000 pursuant to the Group's capital raising exercise. The investment is in the form of 100,000,000 Redeemable Convertible Notes at an issue price of AU$0.01 per Note. The Note Term is 3yrs and each Note accrues interest at 8% compounding daily, payable quarterly in arrears.