MINERCO INC. The Magic Mushroom Company Appoints Abdul Rahman as Director of Digital Currency and Blockchain token SHRU

February 03, 2021 8:06 AM EST | Source: Minerco, Inc.

Toronto, Ontario--(Newsfile Corp. - February 3, 2021) - MINERCO Inc. (OTC PINK: MINE) appoints Abdul Rahman for his expertise in blockchain including BITCOIN and Etherium. This appointment will finalize Minerco's development of the company's token SHRU as it creates its payment gateway to buy cannabis and psilocybin utilizing blockchain.

Rahman will also be developing Minerco's private-label debit card allowing Minerco's cryptocurrencies to be used at any ATM, in shops, and on online merchants. SHRU token is presently on 7 exchanges and quickly working to integrate on additional ones.

Since the onset of the pandemic, the price of Bitcoin has increased from $4,803 to more than $36,000 as of mid-January.

"Hundreds of sizable companies are now using Blockchain and its underlying technology to make their operations more efficient-and, thanks to its extraordinary returns, boost their profits. We anticipate doing the same for our shareholders "says CEO Julius Jenge.

About Minerco, Inc. (OTC PINK: MINE)

Minerco, Inc. (OTC Pink: MINE), was recently acquired by psilocybin research and investment firm and is emerging as the world's first publicly-traded company focused on the research, production and distribution of psilocybin mushrooms.

Minerco, Inc. Forward-Looking Statements

This press release contains statements that the Company believes to be "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than historical facts, including, without limitation, statements regarding the investment offerings and the terms thereof, are forward-looking statements. When used in this press release, words such as we "expect", "intend", "plan", "estimate", "anticipate", "believe", "should", or the negative thereof or similar terminology are generally intended to identify forward-looking statements. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, such statements. Investors should not place undue reliance upon forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/73542

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