Cloud Nine Web3 Technologies Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- CEO
- Lucas Stemshorn-Russell
- Sector
- Technology
- Industry
- Software - Application
- Address
- 700 West Pender Street Vancouver BC Canada V6C 1G8
- IPO Date
- Aug 1, 2019
- Website
- cloud9web3.com
- Similar Companies
- Business
- Cloud Nine Web3 Technologies Inc. operates as a technology company specializing in Web 3.0 solutions, focusing on decentralized networking, blockchain technology, and digital asset management. Its core products include the Limitless Network, a VPN platform integrated with cryptocurrency mining capabilities and an in-app digital wallet; Next Decentrum, an educational technology platform offering user-friendly guides on cybersecurity, blockchain, cryptocurrencies, and decentralized finance; a decentralized storage application often referred to as the “AirBnB of Storage,” which leverages underutilized computing resources to provide secure and affordable data storage; and crypto banking services including a digital wallet for desktop and mobile platforms and a crypto credit card. The company also develops digital wallet platforms enabling cryptocurrency trading and seamless conversion to fiat currency. Founded in 2017 and headquartered in Vancouver, British Columbia, Cloud Nine serves a global market with a technology-driven approach to enhancing decentralized finance and blockchain accessibility. In the last 1-2 years, Cloud Nine Web3 Technologies has executed significant strategic transformations and growth initiatives, including a change of business designation to become a technology issuer in 2023, reflecting its shift toward innovative Web 3.0 technologies. The company completed key acquisitions such as Limitless Network, expanding its VPN and crypto mining service offerings, and formed strategic partnerships with entities like Next Decentrum to co-launch NFT products and managed services. It also entered the metaverse space by signing a Virtual Office Services Agreement with TerraZero Technologies, securing a virtual office within Decentraland to bolster its presence in decentralized environments. Cloud Nine strengthened its advisory board with notable executives from blockchain and fintech sectors, raised over $5.5 million in funding in 2021 to fuel growth, and continues advancing plans to integrate with major Bitcoin mining associations and sustainable crypto initiatives. The company maintains a strong focus on decentralized crypto mining, storage, and educational platforms as it scales its user base, currently with a waitlist exceeding 125,000 users and capacity to onboard thousands weekly. Cloud Nine Web3 Technologies operates primarily in the blockchain, decentralized finance (DeFi), crypto mining, NFT, and cybersecurity educational technology segments. Its products target individual consumers seeking privacy-enhanced VPN services combined with cryptocurrency mining, users and enterprises requiring decentralized data storage solutions, cryptocurrency traders, and digital finance learners worldwide. The company is publicly traded with ticker CLGUF on the OTC market and CNI on the Canadian Securities Exchange. Its subsidiaries include Limitless Network, incorporated into its VPN and mining ecosystem. Cloud Nine continues to innovate within peer-to-peer networks leveraging Web 3.0 infrastructure, aiming to facilitate secure, decentralized data and value exchanges without reliance on traditional intermediaries. The firm is actively expanding both its technological scope and market reach through acquisitions, partnerships, and new product launches to secure a leadership position in blockchain and decentralized digital services.
Cloud Nine Announces the Initial Release of the Limitless Platform
Cloud Nine Web3 Technologies reveals strategic investment in Next Decentrum
Cloud Nine Announces Strategic Investment in Next Decentrum
Cloud Nine Web3 Technologies Provides Corporate Update
Cloud Nine Web3 Technologies brings on blockchain expert Dan Reitzik as special advisor to the board of directors
Cloud Nine Web3 Technologies adds industry veterans Richard Oh and Eric Sim as strategic advisors
Cloud Nine Strengthens Advisory Board with the Addition of former Executive of PayPal Asia & CEO of GLOCONTECH
Cloud Nine Web3 Technologies closes first tranche of its non-brokered private placement of 908,655 units for gross proceeds of $1,244,857
Cloud Nine Web3 Technologies adds Stan Shin, eBay's managing director, and Shin-Young Park, WePay Korea's CEO, as strategic advisors
Cloud Nine Adds eBay Managing Director & WePay Korea CEO as Strategic Advisors
Cloud Nine Web3 Technologies partners with Next Decentrum Technologies for education products on non-fungible tokens
Cloud Nine Commenced Trading on the Frankfurt Stock Exchange
Cloud Nine Web3 Technologies adds entrepreneur Hussein Hallak to advisory board
Cloud Nine Web3 Technologies powered Next Decentrum platform releases its Non-Fungible Tokens guide for global collectibles
Cloud Nine Web3 Technologies hires tech entrepreneur Sefton Fincham as its new President
Cloud Nine Adds Entrepreneur Sefton Fincham as President