Gratomic Inc. announced that it has entered into a letter of intent with a strategic partner to establish, fund, 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.