The company's involvement with blockchain technologies and their advantages in the gaming space take center stage at these events

TORONTO, April 12, 2018 /CNW/ - BlocPlay Entertainment (CSE: PLAY) ("BlocPlay" or the "Company") is pleased to report a highly successful participation at the Game Developers Conference (GDC) 2018 in San Francisco. BlocPlay along with its wholly owned subsidiary TokenPlay, successfully presented its first major development milestone to more than 248 developers/publishers and industry leaders at this year's GDC. The Company has currently more than 170 developers interested in joining the platform worldwide with videogames from every major genre. Several key industry partnerships have been developed with support being pledged by industry partners for itsr TokenPlay launch later this year.

In terms of major milestones, the Company has completed Phase1 of the Frontend design/development platform which was publicly tracked on the TokenPlay website (see: http://www.tokenplay.com). Currently the Company is developing the Backend system which is scheduled to be ready for presentation at e3 in Los Angeles later this year.

BlocPlay is also pleased to announce its sponsorship and participation in the Toronto 2018 Hackathon ( www.blockhack.ca) - one of the leading blockchain technology events in Toronto. This three-day event is organized by Bitcoin Bay and the Blockchain Hub, in association with York University, who partnered with the goal of accelerating the blockchain ecosystem in Canada. The Hackathon will be held on April 20-22, 2018 at York University in Toronto.

This event is inclusive to all technologies to help accelerate business, development and blockchain technology. The theme, "Unlock the Blochchain" focuses on building modular blockchain-based solutions that fit in comprehensive business context.

"BlocPlay's sponsorship and attendance at BlockHack Toronto underscores our involvement with ground-breaking blockchain technologies, which is indispensable in order to be at the foreground of the dramatically-changing gaming industry," said Jon Gill Blocplay Chairman.

"One of our goals for attending the Hackathon is to support Bitcoin Bay and the Blockchain Hub in their mission of making Toronto and Canada a world leader in Bitcoin and blockchain technology. We are also looking to support, meet and interview some talented young minds for potential addition to the TokenPlay's blockchain development team," said Vince McMullin CTO.

Some notable speakers at the Hackathon include Andrew Maxwell, Director of B.E.S.T. Lab, Marek Lasksowski PhD, Program Chair, The BlockchainHub, Vivek Chandra, FinTech Mentor, former VP of payment at ScotiaBank, Antoine De Vuyst, Blockchain Dev Utd., and Allwyn D'Souza, CoinGuru, Bitcoin Bay. Partners and sponsors include the City of Toronto, Startup Here Toronto, UW Fintech Club, Communitech, Open Bounty, among others.

About BlocPlay Entertainment

BlocPlay Entertainment is the world's first peer-to-peer, de-centralized digital entertainment company. Supporting video gamers, developers, and content creators - worldwide. Each day billions of consumers worldwide enjoy digital entertainment products. BlocPlay Entertainment plans to deliver a fully transparent distribution, publishing, and marketing platform for videogames and eSports events through our innovative tokenization system known as Token Play. BlocPlay Entertainment develops in-house entertainment technologies including video games and services.

About TokenPlay

TokenPlay  is a wholly owned subsidiary of BlocPlay and is involved in the development of blockchain technology in the video game space, which will seek to provide a platform for the exchange of in-game currencies and tokens.

Forward-Looking Information

Certain information set forth in this news release may contain forward - looking information that involve substantial known and unknown risks and uncertainties. This forward - looking information is subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, the impact of general economic conditions, industry conditions, failure to enter into a definitive agreement and complete the Acquisition, and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward - looking information. The parties undertake no obligation to update forward - looking information except as otherwise may be required by applicable securities law.

SOURCE Blocplay Entertainment Inc.