Blockchain
ALYI – Alternet Systems ReVolt EV Motorcycle Nears Production; CEO Explains How It Could Impact His Company
Dallas, Texas–(Newsfile Corp. – January 7, 2021) – Alternet Systems (OTC Pink: ALYI) classically designed ReVolt EV motorcycle can contribute to a breakout year for the Company. Specifically, the ReVolt EV is being positioned to earn a substantial share of the African ride-share (boda-boda) motorcycle taxi market. Its sleek design, rugged build, and electric-powered engine may make the bike a perfect fit into a crowded African transportation market. Moreover, its size, adaptability to specific demands, and quick acceleration in tight quarters could position the ReVolt as a vehicle of choice.
The ReVolt, and its associated technologies, now represent the Company’s primary business focus. Further, Uber, which has already registered 29,000 service providers targeting more than two million users, has helped set the stage for ALYI to fill a valuable and necessary niche.
ALYI thinks that 2021 will be the year to change from the development stage to a revenue-generating business. Early demand for the ReVolt suggests that could happen. The Company announced late last year that they have received pre-orders for 2000 of the ReVolt EV bikes. And, that represents only the Kenya market. The Company expects to sell many more.
Last week, Greenlight Stocks met with Alternet Systems CEO, Randell “Randy” Torno to get his take on how his innovative product portfolio can help change specific markets. Uber has undoubtedly brought new attention to these opportunities, and the company believes its ReVolt and its subsidiary opportunities can drive substantial revenues in the near term by following their lead.
The Greenlight interview can be viewed read in its entirety at the following link below:
To learn more and keep up with the latest updates at Alternet Systems, Inc., visit https://www.alternetsystems.com/. At the company website, you will find updates on its ReVolt EV motorbike, plans for its entry into the ride-share markets, and information about its product pipeline.
Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company’s current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’ liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.
Alternet Systems, Inc. Contact:
Randell Torno
[email protected]
+1-800-713-0297
A recent warning from the FBI regarding a crypto money transmitter seems to be aimed at the Samourai Wallet. This development highlights the increasing scrutiny and regulatory challenges faced by privacy-focused cryptocurrency wallets and services.
The FBI warning raises concerns about the use of certain cryptocurrency wallets that prioritize user privacy and anonymity, potentially enabling illicit activities such as money laundering and terrorist financing. While the warning does not explicitly name any specific wallet or service, the language used suggests that the Samourai Wallet may be the target of the advisory.
Samourai Wallet is known for its focus on privacy and security features, including coin mixing and stealth addresses, which aim to enhance user privacy and protect against surveillance and tracking. However, these features have drawn the attention of law enforcement agencies and regulators, who are increasingly concerned about their potential misuse by criminals.
The FBI warning underscores the challenges faced by privacy-focused cryptocurrency wallets in navigating regulatory compliance and law enforcement scrutiny. While these wallets aim to empower users with greater control over their financial privacy, they must also address regulatory requirements and law enforcement concerns to avoid legal and reputational risks.
As the cryptocurrency industry continues to evolve, privacy-focused wallets like Samourai Wallet will need to strike a balance between privacy and compliance, ensuring that they can provide robust privacy features while also addressing regulatory concerns and maintaining transparency with authorities. This delicate balance is essential to foster trust and confidence among users and regulators alike, ultimately enabling the continued growth and adoption of privacy-enhancing technologies in the cryptocurrency space.
Source: cointelegraph.com
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Blockchain
Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets
Pantera Capital is reportedly planning to raise $1 billion for a new fund that offers exposure to various crypto assets, as reported by Blockchain.News. This ambitious fundraising initiative underscores Pantera’s continued confidence in the potential of the cryptocurrency market and its commitment to providing investors with diversified investment opportunities in the digital asset space.
The new fund from Pantera Capital aims to capitalize on the growing demand for exposure to cryptocurrencies and blockchain-based assets among institutional and retail investors. By offering a comprehensive portfolio of crypto assets, the fund seeks to provide investors with access to a wide range of investment opportunities, spanning cryptocurrencies, tokens, and other digital assets.
Pantera’s decision to raise $1 billion for the new fund reflects its optimistic outlook on the long-term growth prospects of the cryptocurrency market. With increasing mainstream adoption and institutional interest in cryptocurrencies, Pantera sees significant potential for value creation and capital appreciation in the digital asset space.
As one of the leading blockchain-focused investment firms, Pantera Capital is well-positioned to attract capital from investors seeking exposure to the cryptocurrency market. The firm’s track record of successful investments and its experienced team of investment professionals are likely to bolster investor confidence and support for the new fund.
Pantera Capital’s plans to raise $1 billion for its new fund underscore its commitment to driving innovation and growth in the cryptocurrency market. As the fund attracts capital and deploys it into promising investment opportunities, it is poised to play a key role in shaping the future of the digital asset ecosystem.
Source: blockchain.news
The post Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets appeared first on HIPTHER Alerts.
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