First Bitcoin Capital Corp is a publicly traded company that focuses on the development and investment in blockchain-based technologies, including cryptocurrencies. The company was founded in 2013 by Greg Rubin, who serves as the CEO, and is headquartered in Vancouver, Canada. It was one of the first publicly traded entities in the blockchain space, and its stock is traded on the OTC Markets under the ticker symbol BITCF.
The primary mission of First Bitcoin Capital Corp is to provide investors with diversified exposure to the blockchain and cryptocurrency market. The company does this by investing in blockchain startups, developing blockchain-based applications, and holding a portfolio of cryptocurrencies, including Bitcoin, Litecoin, and Ethereum. The company also provides consulting services to businesses looking to integrate blockchain technology into their operations.
One of the key differentiators of First Bitcoin Capital Corp is its focus on the cannabis industry. The company has developed a blockchain-based payment system called CannaCoin, which is specifically designed for the cannabis industry. This payment system allows dispensaries and other businesses in the cannabis industry to accept payments in a secure and decentralized way, without relying on traditional banking systems.
In addition to its focus on the cannabis industry, First Bitcoin Capital Corp has also made strategic investments in other blockchain-based ventures. For example, the company has invested in a blockchain-based social network called BitMinutes, which allows users to earn cryptocurrency by sharing content and engaging with other users on the platform. The company has also invested in a blockchain-based gaming platform called PlayCoin, which allows gamers to earn cryptocurrency by playing games.
First Bitcoin Capital Corp has faced some challenges in the past. In 2017, the company was delisted from the Canadian Securities Exchange for failing to meet certain regulatory requirements. However, the company has continued to trade on the OTC Markets and has worked to address these issues.
Overall, First Bitcoin Capital Corp is an innovative company that is focused on investing in and developing blockchain-based technologies. The company’s focus on the cannabis industry and its strategic investments in other blockchain ventures make it an interesting player in the blockchain space. While the company has faced some challenges, it remains a promising investment opportunity for those looking to gain exposure to the blockchain and cryptocurrency market.