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Highlights

Investment of SG$100,000 (circa £56,100) completed in
Indorse Pte. Ltd., a Singapore-based company developing Indorse
(www.indorse.io)
Indorse is a unique blockchain-powered, skill-based, decentralised professional network
Indorse aims to revolutionise professional social networking using new models of tokenizationand decentralization
Coinsilium CEO, Eddy Travia, to join the Indorse Board of Advisors

A decentralized professional network powered by ethereum technology
A reliable channel to get your skills endorsed and showcase them

A network that lets you own your data and monetize your activity

Decentralized Professional Network
Powered by blockchain technology, you own your data and get paid for your contributions

Coinsilium
Group Limited (NEX: COIN), the accelerator that finances and manages
the development of early-stage blockchain technology companies, is
pleased to announce the completion of its investment of SG$100,000
(circa £56,100) in Indorse Pte. Ltd. (“Indorse”) through a convertible
loan agreement. Indorse is a Singapore-based company developing a
blockchain-powered decentralised professional network. In addition,
Coinsilium will receive an entitlement to an undisclosed number of
Indorse digital tokens to be issued by Indorse in the next few months.

Indorse
is a professional social networking platform co-founded by David
Moskowitz and Gaurang Torvekar. Indorse’s co-founders have demonstrated
their ability to successfully deploy blockchain technology and smart
contract solutions for private companies and public institutions in
Singapore, including the issuance of digital diplomas onto the
blockchain for one of Singapore's leading institutions of higher
learning.

The Indorse platform will be integrated with a number
of decentralised applications (DApps) such as: Attores Certificate
Issuance Platform, Inter Planetary File System (IPFS), uPort identity
system, Truffle, Spectrum and Status.

Coinsilium’s CEO Eddy Travia has accepted the invitation to join the Board of Advisors at Indorse.

Eddy
Travia, CEO of Coinsilium, stated: “We are very excited to invest and
support skill-based professional network Indorse and its founding team.
As the multiple benefits of decentralised platforms become apparent to
the millions of members of today’s centralised social media networks we
believe there will be a natural pattern of migration towards this new
generation of decentralised platforms. Indorse will also allow users to
profit from sharing their skills and activities on the platform via
reward tokens. This is a new and game-changing model in a
multi-billion-dollar social media industry and we are confident that
Indorse has the requisite skills and talent to propel Indorse to become
one of the world’s most popular decentralised social platforms.”

David
Moskowitz, Co-Founder and CEO of Indorse, commented: “We are very proud
to join the prestigious roster of Coinsilium’s portfolio companies and
we look forward to Coinsilium’s support and guidance. Indorse has the
aim to revolutionise professional social networking using new models of
tokenisation and decentralisation and we believe that Coinsilium’s
expertise and deep knowledge in this space will be a strategic advantage
to reach our goals.”

The Directors of Coinsilium Group Limited take responsibility for this announcement.
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