Thread by @goldk3y_

A deep dive into these two companies proved to be interesting!

A Thread 🧵:

https://twitter.com/goldk3y_/status/1417608749078831106

This article sparked my curiosity because there are many big claims including being "involved in the gamification, theory-crafting, league bonus and adoption cycle curves, distributed autonomous organization (DAO), and other strategic and governance planning of PulseChain."

I have yet to see Richard refute these claims, so until then I'll assume they're true.

So I decided to look into the companies to find out who they are and what they do.

OBITX, Inc., formerly know as GigeTech, Inc., is a Delaware C Corp founded in 2017 and headquartered in Jacksonville, Florida.

August 4, 2020
Overwatch Partners Inc., secured controlling interest in OBITX for $40M and a partner of Overwatch, Michael Hawkins, became CEO and CFO.

Researching Overwatch Partners, I couldn't find much accept that Michael Hawkins and Christian Rishel are managing partners. They don't have a website, only a Facebook page.

Overwatch claims to be a business incubation service with plans to develop a 24,000 square foot business incubation center. They posted this cover image in 2019 and have not released any news since.

January 13, 2021
OBITX begins the formation of a SPAC called Everything Blockchain, a Cayman Island company to acquire companies.

April 28, 2021
OBITX acquired Render Payments and its IP for $1.2M.

In the article, OBITX claims it will "be first in history to publicly display blockchain wallet content of PulseChain."

One might assume they will be repurposing this IP for the described PulseChain wallet.

This is quite interesting, because if OBITX maintained Render Payment's partnerships, we could be looking at one of PulseChains first use cases. A merchant service for high risk industries that can't use mainstream merchant services.

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