Achievements with Scalability and Compatibility Pave Way for Next Phase of Advancement

VANCOUVER, BC, CANADA (December 2nd, 2020) – Codebase Ventures Inc. ("Codebase" or the "Company") (CSE: CODE - FSE: C5B – OTCQB: BKLLF) is excited to announce that the Company’s holding, Arcology, a cluster-computing powered AI blockchain ecosystem with unlimited scalability, has updated its working roadmap in response to its Testnet 1.0 results.

“Building on Arcology Testnet 1.0, where we demonstrated compatibility with Ethereum, achieved our internal scalability targets and improved the user experience, we have updated our working roadmap to advance the technology,” says Arcology Founder and CEO, Mr. Laurent Zhang.

Arcology Working Roadmap Sequence:

Arcology’s development is now focused on Testnet 2.0, which the company anticipates will be completed within 10-12 weeks. “This is an exciting and crucial time in Arcology’s development, having demonstrated scalability we will be stress testing, striving to improve the user experience and preparing for third party testing and verification, and further assessing potential revenue models for Arcology Network (public blockchain) and Arcology Enterprise (private blockchain) for the long-term,” said Mr. Zhang.

For more information on Arcology, please visit the website at https://arcology.network/