Vancouver, BC, Canada, JULY 16, 2021 – SkyChain Technologies Inc. (TSXV-SCT) (OTCQBSKTCF) (“Company”) reports that the company has signed a Letter of Intent (“LOI”) to establish 
a joint venture with The Embassy Visual Effects Inc. (“Embassy”), an award-winning visual 
effects studio in Vancouver, BC. The joint venture will work together to develop and grow 
SkyRendering Technologies Inc. (“SkyRendering”), a separate joint venture established between 
SkyChain and Synergy Corp, as announced in SkyChain’s news release of July 7, 2021.

Under the Embassy joint venture, Embassy will help SkyRendering provide premier visual 
effects (“VFX”) rendering services to the film and entertainment industry. Embassy will provide 
back-end technical support and personnel to the SkyRendering joint venture.

To learn more about Embassy, visit https://theembassyvfx.com/ 

The LOI between SkyChain and Embassy is non-binding, and its purpose is to outline the 
principal conditions upon joint venture. The precise terms will be contained in a definitive 
agreement. 

To learn more about SkyRendering, visit https://studiorenderingfarm.com/

About SkyChain Technologies INC
SkyChain Technologies is a Vancouver-based company providing Blockchain Infrastructure 
services and power solutions. Our vision is to become a leading player in crypto/data mining 
hosting by growing to 100Mw of crypto hosting capacity. To learn more, visit 
www.skychaintechnologiesinc.com.

ON BEHALF OF THE BOARD OF DIRECTORS
Bill Zhang
President and CEO