San Juan, Puerto Rico, July 27, 2021 (GLOBE NEWSWIRE) — BOTS, Inc. (OTC: BTZI), (“BOTS” or “The Company”), a global technology company specialized in Blockchain-based solutions including decentralized finance applications for the financial industry, cybersecurity solutions, crypto mining, consulting, mining equipment repair and insurance announced completion of the first generation of a dogecoin miner designed to work with the AIRDOGE™-Limited edition, patented air purifiers developed by Kronos Advanced Technologies, Inc. (OTC: KNOS)
The Company is developing a private dogecoin mining pool that will be open for all Airdoge miners. Mining pools are created by pooling of resources by miners, who share their processing power over a network, to split the reward equally, according to the amount of work they contributed to the probability of finding a block. A “share” is awarded to members of the mining pool who present a valid partial proof-of-work.
Kronos Advanced Technologies became the first ever publicly-traded company to accept DogeCoin which can be used as payment for its KRONOS ® line of patented air purifiers. AirDOGE® MODEL 5 is Ideal for rooms of up to 1400sq. ft. which can disinfect and purify air space twenty-four hours a day (bedrooms, living rooms, etc.)
“AirDOGE ® isn’t your typical air purifier. It replaces the old fashioned HEPA filter with washable collecting plates. It’s quiet, easy to use, automatically adjusts its wind speed based on air pollution levels, and it has built-in laser precision particle counters so you can control it and see your air quality wherever you are. It’s also a good option for waste-conscious consumers that don’t want to see landfills loaded with old HEPA filters,” commented Michael Rubinov, Kronos CEO. “The idea for AirDoge resulted from the coincidence when we decided to be the world’s first company traded in the stock market to accept payment in Dogecoin together with our popular product already then named, AirDog. Accepting Dogecoin turned into a windfall since our early move earned us Dogecoin when it was lower than 5 cents per coin (now about 22 cents) as KNOS decided to HODL for long-term appreciation.”
The AirDOGE® has a five-stage ionic filtration system that destroys and eliminates bacteria, viruses, smoke, pollutants, pollen, dust, pet dander, odors, and formaldehyde from the air. Kronos research indicates that this system kills 99.87 % of influenza virus particles in the air in one hour. Kronos air purifiers can filter particles as small as 14.6 nanometres (nm) in diameter. To put that in perspective, the coronavirus is about 60 to 140 nm in diameter.
According to FORBES magazine, ‘Dogecoin Is Money’—Elon Musk Shares Bullish Doge Theory Amid $200 Billion Bitcoin And Crypto Price Rally. An avid supporter of dogecoin, Musk has this year fully embraced the somewhat satirical cryptocurrency that was created in 2013 as a “joke,” issuing calls for upgrades and promising his rocket company SpaceX will put a “literal dogecoin on the literal moon.”
Like Bitcoin, Ethereum, and Litecoin, Dogecoin is also a popular cryptocurrency token people use to buy, spend and trade. This token was introduced in 2013 and has been used primarily as a tipping system on Reddit and Twitter to reward the creation or sharing of quality content. Dogecoin is also unique for some other features. For instance, it is powered by Blockchain technology with 1-minute intervals. Dogecoin (DOGE) is based on the popular “doge” Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013. Dogecoin’s creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience since it was based on a dog meme. CoinMarketCap data indicates that DOGE has reached almost $30 Billion in market cap.
Dogecoin has grown to a fully-fledged coin accepted by many merchants. It has one of the lowest transaction fees, which is great for our customers
Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin. Recently Elon Musk has tweeted a digital magazine cover featuring a dog meme in apparent support of the digital currency, Dogecoin. As a result- Dogecoin has surpassed its all-time high recently, growing by 420 % in a matter of one day, reaching a market cap of more than $4 billion, according to NASDAQ stock market data. However, $DOGE is not a stock ( https://www.nasdaq.com/market-activity/cryptocurrency/doge ).
About Kronos Advanced Technologies, Inc.
The Company was initially founded in 2002 and funded by the U.S. military to develop electrostatic air movers. Eventually, the Company moved into the consumer air purification business. It began operations as a product development company that invented and significantly changed the way air is moved, filtered, and sterilized. Historically, Kronos has focused on developing, marketing, and selling the Company’s proprietary air movement and purification technology. Serving the Indoor Air Quality (IAQ) market, Kronos technology uses state-of-the-art high voltage patented processes without the use of traditional porous HEPA filters. Kronos-based products move air silently, filter, sterilize, and purify the air while dramatically reducing energy consumption to half of a 60-watt light bulb. Kronos devices can be variable in shape or size and, therefore, have the potential to be scaled-down for air purification in cars or scaled-up in size for industrial and hazardous gas destruction. The technology is currently being implemented in multiple standalone products for businesses, homes, and vehicles of all types -to move, sterilize and filter air, including removing allergens down to 14.6 nanometers, passing through our patented technology -replacing expensive outdated passive HEPA and other filtration type systems. There are broad ranges of additional markets for standalone and embedded Kronos CORE technology-based devices. Examples of immediately addressable markets include schools, universities, healthcare facilities, operating rooms, manufacturing clean rooms, and the cabins of automobiles and commercial aircraft.
Kronos published research about the effectiveness of Kronos Patented technology on air disinfection n (e.g., microorganism destruction) by demonstrating the high efficacy of Kronos® Technology-based air purifiers in capturing and destruction of various types of microorganisms (including Corona Viruses) in different environmental settings back in 2008. Results of this research showed that Electrostatic Air Filtration and Purification systems based on Kronos technology demonstrated high capturing and destruction efficiency for different types of microorganisms, bacteria, and viruses, and can be successfully used for disinfection of air in real word environmental settings, including hospital facilities both with and without the presence of people.
BusinessWeek called Kronos air purifiers “VIRUS KILLER” in 2005.
Kronos is the first publicly traded Company that accepts DOGE coin as a form of payment for its products, as well as other cryptocurrencies.
Recently, the Company filed for a provisional patent involving an innovative protective face mask with antimicrobial and anti-cellphone radiation protection features. The Company is planning to file additional patents to improve its existing technology as well as enter into new market segments but will continue to market air purifiers and other consumer products. The Company is an exclusive distributor and licensee of the latest generation of air purifiers based on the Company’s CORE technologies. The Company markets its products as Airdog® and KRONOS® brands. All Kronos products come with Kronos Promise ™ -Your Satisfaction is Guaranteed!
Company offices are located in Los Angeles, California.
Shopping portal: https://www.1800safeair.com
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This news release does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service by Kronos Advanced Technologies Inc or any other third party regardless of whether such security, product, or service is referenced in this press release. Furthermore, nothing in this press release is intended to provide tax, legal, or investment advice, and nothing in it should be construed as a recommendation to buy, sell, or hold any investment or security or to engage in any investment strategy or transaction. Kronos Advanced Technologies does not represent that the securities, products, or services discussed in this press release are suitable for any particular investor. You are solely responsible for determining whether any investment, investment strategy, security, or related transaction is appropriate for you based on your personal investment objectives, financial circumstances, and risk tolerance. You should consult your business advisor, attorney, and/or tax and accounting advisor regarding your specific business, legal, or tax situation.
Social Media Disclaimer and Forward-Looking Statements.
Kronos Advanced Technologies investors and others should note that we announce material information to the public about the Company through various means, including our website (https://www.kronosati.co/investors), through press releases, OTCmarkets filings, public conference calls, via our corporate Social Media accounts, listed above.
We encourage our investors and others to monitor and review the information we make public in these locations, as such information could be deemed to be material information. Please note that this list may be updated from time to time.
Certain statements contained in this press release may constitute “forward-looking statements.” Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the OTC Markets at OTCMarkets.com. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company’s ability to raise capital on acceptable terms, if at all, the Company’s successful development of its products and the integration into its existing products and the commercial acceptance of the Company’s products.
The forward-looking statements included in this press release represent the Company’s views as of the date of this press release, and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so.
These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date of the press release.
SOURCE: KRONOS ADVANCED TECHNOLOGIES, Inc
Phone inquiries: 1-800-SAFE-AIR (option #4)
About BOTS, Inc.
BOTS, Inc. is a global technology company specialized in Blockchain-based solutions including decentralized finance applications for the financial industry, cybersecurity solutions and owns a portfolio of digital assets and crytpo-related businesses such as BeadSwap, a decentralized crypto exchange, Bitcoin ATM machines and corresponding US patents and Cyber Security Group LLC, an ISO/IEC 27001:2013 Information Security Management System certified company. The Company also provides crypto mining consulting, optimization, and crypto mining equipment repair and insurance.
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Certain statements contained in this press release may constitute “forward-looking statements.” Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as may be disclosed in the Company’s filings. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors, including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company’s views as of the date of this press release, and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date of the press release. Such forward-looking statements are risks that are detailed in the Company’s website and filings.