AXS Blockchain Solutions Inc. Signs Letter of Intent to Develop ZUBX P2P Cryptocurrency Marketplace Platform

AXS Blockchain Solutions Inc. (“AXS Blockchain”) (CSE:BAXS) is pleased to announce that it has entered into a letter of intent with Blockchain Foundry Inc. (CSE:BCFN) to create ZUBX^TM, the world’s first Syscoin blockchain based peer-to-peer marketplace.  ZUBX^TM will allow traders to place sell orders for Bitcoin, Bitcoin Cash and Ethereum.  Buyers will have the ability to engage directly with the sellers in a live instant messaging session to negotiate terms.  ZUBX^TM will act as an escrow agent for buyers and sellers by validating the fiat and cryptocurrency prior to each transaction.

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AXS Blockchain has paid an initial deposit of US$200,000 to Blockchain Foundry, which amount will be held in trust by Blockchain Foundry to be credited against future costs associated with the development of the ZUBX^TM platform.

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