Applications and Use Cases

X2 Games to Merge with Global Blockchain


October 23, 2018

Global Blockchain (BLOC) continues to act on its vision for creating trusted, decentralized services and business models, this week rolling out a blockbuster announcement on the company’s acquisition of Atari founder Nolan Bushnell’s X2 games, with a proposed spinout of their enterprise and exchange division.

The goal is to create a “dynamic interactive gaming company” with a focus on leveraging Amazon’s Alexa Games to bring fifty million home devices live gaming content.

To leverage the powerhouse capabilities of gaming company X2 Games, BLOC will create a subsidiary for its enterprise and exchange-related interests and X2 Games will merge with that new subsidiary.

Combining the creativity of BLOC founder Shidan Ghouran, a pioneer in investing in, maturing and monetizing blockchain-related technologies and businesses, Atari founder Nolan Bushnell, and animation legend Zai Ortiz, the new entity is positioning itself to bring high quality, secure interactive video game experiences to the mainstream gaming market.

X2 Games is an independent Games Publisher for cutting edge games that integrate Blockchain Technology and Cryptocurrency into the user’s game experience.

Their business model is building multiplayer gaming experiences, providing design and animation services and integrating technologies including augmented, alternate and virtual reality into video games. 

X2 Games uses new technologies to create unique game experiences for conventional and experimental platforms in an industry that analysts peg at around a US $140 billion value by the end of 2018.

Nolan Bushnell created X2 Games after driving Atari, founded over 40 years ago, as the pioneer of video gaming. 

Bushnell later spearheaded the Atari 2600 console for the home gaming market while also giving birth to Chuck E. Cheese, a very successful and truly cheesy pizza parlor and video game entertainment center-hybrid operating across the United States and then globally.

Bushnell has also been recognized by colleagues and peers, including being named one of the “50 People Who Changed America” by Newsweek. He has also been inducted into both the “Video Game Hall of Fame” and the Consumer Electronics Association Hall of Fame.

The management of X2 Games also includes Zai Ortiz, President, Co-Founder and Chief Creative Officer— an accomplished digital animator who created Iron Man’s  J.A.R.V.I.S. system holograms seen in Marvel movies.

Ortiz also supervised creative teams in producing visuals for films to include TRON: Legacy, Sherlock Holmes, and Mission: Impossible. Ortiz’s creative virtuosity and keen eye for futuristic designs drives the Company’s mission to give gamers around the world a true cinematic story experience unlike any they’ve ever had.

His latest creative project – the AI-driven murder-mystery game ST. NOIRE – has been positioned as the foundation for X2 Games’ future ambitions in immersive, interactive storytelling. Previously, Ortiz was a founder and CEO of DARK MATTER - a specialized design and visual communications studio in Hollywood, CA, as well as served as the creative director for in-game cinematic Bethesda’s massively popular game The Elder Scrolls – Legends.

According to the press release, “As X2 Games’ business model aligns well with BLOC’s existing efforts that relate to the tokenization of gaming platforms, the two companies have elected to join forces. Post-acquisition, BLOC will be focused on applications of blockchain technology to the video game, eSports and entertainment industries. It will continue to work on its existing projects, alongside the development of X2 Games’ existing projects.”

Bushnell will become the Co-Chairman and CEO of BLOC.

“Creativity is every company’s first driver,” Bushnell said. “It’s where everything starts, where energy and forward motion originate. Without that first charge of creativity nothing else can take place. This acquisition by BLOC will integrate X2 Games’ innovative game development studio and intellectual property within BLOC’s portfolio of Blockchain assets allowing new and revolutionary games to be developed together.”

BLOC President and CEO Shidan Gouran said, "Our conversations for collaboration with X2 have been in the making for close to a year now. As these relationships have strengthened, we have elected to capitalize on our synergies by way of an acquisition with X2. In addition to picking up X2's projects, we have also brought on two true pioneers, with track records that are second to none, to run and continue growing the leading blockchain company in the media, entertainment, and gaming sectors. All assets belonging to BLOC’s exchange and enterprise divisions will be spun out into a separate company, to be run by BLOC’s current management and operational team. Now you have two best of breed teams, one developing pioneering blockchain based exchange, supply chain and trade finance platforms and the other pioneering blockchain applications in the media, entertainment and gaming sectors, to the great benefit of all shareholders.”

“In less than a year, we have managed to develop three companies that are positioned to disrupt blockchain from the perspectives of mining, exchanges, and innovation,” said BLOC Chairman, Steve Nerayoff. “By segmenting our competencies and resources so that we can incorporate the strengths of partners such as X2 Games, we believe that this is conducive to realizing revenue earlier and being more profitable in the long term.”

The Company provides investors access to a basket of direct and indirect holdings within the blockchain space, managed by a team of industry pioneers and early adopters of all major cryptocurrencies.

The Company is focused on streamlining the currently arduous, lengthy, and complicated process that interested investors must undergo to gain exposure to the cryptocurrency space, with a view to becoming the first vertically-integrated originator and manager of top tier blockchains and digital currencies.

BLOC is listed on the Canadian Securities Exchange (“CSE”) and its common shares trade under the ticker symbol "BLOC." Additional information relating to BLOC is available on SEDAR at www.sedar.com, the CSE at www.theCSE.com,as well as on the Company's website at www.globalblockchain.io.

BLOC will merge their media and entertainment investments and projects with those of X2 Games Corp. (“X2 Games”).  More details about the component assets of the spinout for shareholders of the publicly-traded BLOC business will be announced November 15th, 2018.

Also, as part of the merger, the following assets of BLOC will be spun out into a separate company:

  • All rights, work product, and assets related to the development of the Laser blockchain. 
  • All holdings of Laser Technologies Corp. - Cayman Islands subsidiary.
  • All rights, work product, and assets related to the development of the Singularity digital asset and forex exchange.
  • All rights and work product relating to the business and technology development of Stratus.
  • All rights and work product relating to the development of any Middle Eastern Cryptocurrency Spot Exchange.

While the Company trades on the CSE, it currently has, and anticipates that it will continue to have, a significant international following and investor base. As such, the Company announces that it has applied for approval to have its shares trade in USD. Once approved by the CSE, the Company will issue a subsequent news release announcing the effective date.


Arti Loftus is an experienced Information Technology specialist with a demonstrated history of working in the research, writing, and editing industry with many published articles under her belt.

Edited by Ken Briodagh

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