DRP Journal

Discover Research Profit

Finance 

Blaqclouds Inc. (OTC: BCDS) Stock Rallies 43% After Update on the Successful Soft Launch of ShopwithCrypto.io

Madison Hall

One of the companies that could be on the radars of investors this morning is Blaqclouds Inc. (OTC: BCDS) after the significant announcement that was made on Monday. In light of the announcement with regards to the soft launch of a product, it may be a good move to take a look into the key details provided in the news release.

Successful Soft Launch

The company announced in yesterday’s news release that the results from the soft launch of its product, Shopwithcrypto.io, had proven to be impressive. The platform was described as a pathbreaking one since it brought the possibility of crypto spending for the purchase of real-world items. In the limited soft launch, the platform had been made available to 500 crypto enthusiasts, and the resultant success from the launch demonstrated the tremendous potential of the product in the long term.

The Metrics

The company announced that the initial float at the soft launch was $205,000, and as many as 93 users had been active participants. The total number of transactions completed during the soft launch was 1068, and the total sales recorded by the participants were $204,275.01. The total gross profit was $23,185.21, and the crypto profit came in at $40,885.

A Message from The CEO

“The success of ShopwithCrypto.io’s soft launch is a testament to the power of innovation and community support. We’re excited to offer a platform that not only broadens the utility of cryptocurrencies but also delivers real-time solutions for users worldwide,” said Marjorie Schaefer, CEO of Blaqclouds, Inc.

Madison Hall

After graduating from the University of Buffalo, Madison gained a real interest in the markets. She tends to be a swing trader and enjoys Pilates and yoga in her downtime.