Agoracom Blog

$ Gratomic to create blockchain for Graphene

Posted by AGORACOM at 10:42 AM on Tuesday, January 30th, 2018



  • LOI with strategic partner to create graphene based Blockchain ecosystem
  • New ecosystem to facilitate distribution and sale graphite produced from its Aukam mine in Namibia.
  • Once design of the ecosystem is complete, the two parties will form a 50/50 joint venture
  • Gratomic’s strategic partner is well experienced in the Blockchain technology and cryptocurrency fields


Gratomic Inc. has entered into a letter of intent with a strategic partner to establish, finance, design, develop, market and create an ecosystem for producers and users of graphene in all parts of the graphene food chain based on blockchain technology. This new ecosystem will facilitate distribution and sale of the Company’s graphene products being manufactured from graphite produced from its Aukam project in Namibia.

Once the strategic partner has completed its design of the ecosystem, the two parties will form a 50/50 joint venture and respectively fund the development of the blockchain until fully commercialized. Consummation of a joint venture agreement is subject to the execution of a definitive agreement by June 30, 2018.

Gratomic’s strategic partner is well experienced in the blockchain technology and cryptocurrency fields having recently been involved with creating a token for online gaming, as well as providing structural, technical, and strategic advice for other entities within the mining industry.

Gratomic’s Co-CEO Sheldon Inwentash stated, “With this development, Gratomic will gain benefit through association with a team experienced in operating a diversified business based on blockchain technology which could ultimately increase shareholder value.”

About Gratomic Inc.

Gratomic Inc. is an advanced materials company focused on mine to market commercialization of graphite products most notably high value graphene based components for a range of mass market products. We are collaborating with a leading European manufacturer of graphenes to use Aukam graphite to manufacture graphene products for commercialization on an industrial scale. The Company is listed on the TSX Venture Exchange under the symbol GRAT.


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