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Codebase Ventures (CSE:CODE) investee, Instacoin’s NFT App (UK) completes testing and submission to the Apple Store
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  • Codebase Ventures Inc. (CODE) is pleased to provide an update on its recent investment in InstaCoin Technologies Ltd
  • The NFT app InstaCoin has been submitted to the Apple Store
  • The app promises to simplify the creation of NFT assets from a user's social media profile
  • Codebase is excited to expand its involvement with TRAD3R and InstaCoin
  • Codebase Ventures Inc. seeks early-stage investments in emerging technology sectors, including the blockchain ecosystem and fintech
  • Codebase Ventures Inc. (CODE) is up 5.26 per cent, trading at C$0.30 per share at 10:30 am ET

Codebase Ventures Inc. (CODE) is pleased to provide an update on its recent investment in InstaCoin Technologies Ltd., a newly formed UK entity.

Following an extensive testing period, the new NFT app InstaCoin has been submitted to the Apple Store. The app, which promises to simplify the creation of NFT assets from a user's social media profile, has undergone extensive scale and blockchain testing.

NFTs are the new and most popular way to sell digital content. Until now, the focus has been on large value sales. The InstaCoin app will make the creation and auction of NFTs available to everyone.

Codebase Ventures has a strong track record with the founders of InstaCoin through the company's existing TRAD3R investment. Codebase is excited to expand its involvement with TRAD3R and InstaCoin, as both entities are taking an innovative approach within the blockchain ecosystem.

Code has taken an early 50% equity position of InstaCoin who aims to democratize NFT's rather than focus primarily on multi-million dollar individual components.

The InstaCoin app is positioned as the world's first self-serve social NFT platform. InstaCoin will allow users to connect their social profiles to the blockchain and create instant NFT tokens from their own content. Followers and fans connect in the open market for immediate sales.

InstaCoin Technologies Ltd., a newly formed UK entity, has no relationship with any other company or crypto exchange with similar names, including Instacoin Capital Inc.

Codebase Ventures Inc. seeks early-stage investments in emerging technology sectors, including the blockchain ecosystem and fintech.

Codebase Ventures Inc. (CODE) is up 5.26 per cent, trading at C$0.30 per share at 10:30 am ET.

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