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ALYI CEO Highlights Anticipated 2021 Breakout Trigger for Unique Electric Vehicle Market Segment

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Dallas, Texas–(Newsfile Corp. – January 22, 2021) – Alternet Systems, Inc. (OTC Pink: ALYI) today published a corporate update and 2021 outlook from company CEO Randell Torno. The update and outlook is included in entirety below.

ALYI Corporate Update and 2021 Outlook

The ALYI business model is founded on the idea of establishing a perpetual system of electric vehicle innovation.

Unlike the vast majority of electric vehicle contenders, ALYI is not staking its shareholder value on a single state-of-the-art electric vehicle designed to capture consumers imagination today. ALYI is launching an electric mobility ecosystem to continuously identify market needs, capture the best available technology, target new ideas and combine all of the above into the next and the next and the next innovative electric vehicle product.

To both attract industry leading talent and provide an opportunity to prove their innovations, ALYI is launching an annual electric vehicle race in partnership with a brand name racing organization. The annual race event will be hosted simultaneously with an electric mobility symposium and expo.

While most electric vehicle companies target developed economic markets where their products will have to replace existing combustion engine powered competitors, ALYI is focused on Africa where low per capita transportation saturation provides the opportunity to introduce first time transportation solutions, not replacements.

Yes, we’ve started with an electric motorcycle to prime the electric mobility ecosystem.

Since the original pilot motorcycle, the ALYI design team has introduce two additional electric motorcycle design paths.

First, the company will produce an electric motorcycle with a sleek retro style based on a BMW R71 clone (www.revoltmotorbikes.com) and include a conversion kit for do-it-yourselfers to electrify their own BMW R71 or R71 clone.

ALYI’s second design path leads to an electric motorcycle to be produced immediately to specifically support an Uber and Lyft type transportation solution evolving the African motorcycle taxi (Boda) market.

ALYI’s design team has now launched a third design path to develop a paradigm changing, state-of-the-art electric motorcycle. In particular, the third design path will be integrated into the electric mobility ecosystem.

ALYI progress in 2020, has put the company in a strong position to make 2021 a breakout year.

ALYI has existing orders for its electric motorcycles and the opportunity to increase orders by one thousand percent, if not more. Demand in Africa is high.

ALYI has production partners in Africa ready to produce ALYI’s electric motorcycles.

The electric vehicle race partnership has begun site selection and engineering to host the annual event.

The anticipated breakout in 2021 will be triggered on ALYI’s financing partner finalizing its $100 million investment commitment.

ALYI’s financing partner, RevoltTOKEN, has already provided key funding to advance ALYI’s business plan to its current stage. RevoltTOKEN plans to democratize the ALYI electric vehicle ecosystem through the introduction of dedicated cryptocurrency offering holders participation in the ecosystem. RevoltTOKEN, the business entity, plans to offer RevoltTOKENs, a cryptocurrency, through an Initial Coin Offering (ICO).

RevoltTOKEN is carefully addressing regulatory prerequisites prior to launching an ICO. While RevoltTOKEN optimistically anticipated the process to address regulatory prerequisites going faster than has been the case, RevoltTOKEN is still resolved in its commitment to fund ALYI progress in a timely manner. While RevoltTOKEN remains committed to the ICO, RevoltTOKEN plans to soon provide additional funding separate from the ICO process to maintain ALYI on a rapid business development path.

The prevailing electric vehicle investment environment is ideal for ALYI to access necessary funding to maintain business development momentum. In addition to the heightened electric vehicle investment interest that began in the summer of 2020, President Biden’s environmental agenda now stands to further accelerate electric vehicle investment interest.

RevoltTOKEN and ALYI anticipate soon finalizing terms on the next strategic investment that will fund electric racetrack construction and fund the initiation of electric motorcycle production in Africa.

2021 is going to be an exciting year for ALYI.

For more information and to stay up to date on ALYI’s overall latest developments, please visit www.alternetsystemsinc.com.

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

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

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Teletubbies Digital Companions to Launch on the Tezos Blockchain

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MetaPals, an AI digital companion platform, is partnering with WildBrain’s beloved Teletubbies to bring together cherished childhood memories and the innovative digital era with the launch of the Teletubbies AI digital companions on 20 April, 2024.
As Teletubbies commemorates its 27th anniversary on 31 March, the collaboration marks the beginning of an exciting array of renowned IPs joining the ‘MetaPals Multiverse’ in 2024. Through the use of AI and blockchain technology powered by Tezos, much loved Tinky Winky, Dipsy, Laa-Laa, Po, and even Noo-Noo have become personalized, evolving digital companions within the MetaPals browser extension game engine.

The Teletubbies characters integrate with users’ daily browsing experience that accompanies users across the web, offering both playful interactions and practical assistance. This technology not only brings these fun characters to life in new, interactive ways, but also helps to enhance the mental well-being of users by fostering a sense of companionship.

Each Teletubbies companion within the MetaPals Multiverse will exhibit unique personality traits, offering users a diverse and dynamic experience. With personalities distributed across 5000+ Teletubby companions along a spectrum, users are guaranteed a one-of-a-kind experience, ensuring enjoyment for all and opportunities to foster new connections with this nostalgic brand.

Max Giammario, CEO of MetaPals, said: “Through this collaboration we’re not just revisiting Teletubbyland, we’re reinventing it for the digital age. By weaving in AI and blockchain, we enable the Teletubbies characters to evolve, interact, and form unique bonds with users, embodying our vision of dynamic digital companionship. With a bit of ‘MetaPals magic’, the Teletubbies are exploring beyond the hills and far away, ready to play, in ways we’ve never imagined.”

Melissa Goodrich, Director, Franchise Strategy at WildBrain, said: “We’re excited to see our colorful quartet come to life in new ways through this unique digital experience for fans. As we celebrate 27 years of the perennially popular Teletubbies franchise, this latest collaboration encapsulates the essence of childhood nostalgia while embracing the limitless possibilities of the digital age.”
Jason Lim, TZ Apac Games Adoption Team for the Tezos Ecosystem, said: “MetaPals will be pioneering the convergence of iconic IPs such as Teletubbies with the limitless possibilities of the Tezos blockchain. I can’t wait to see the magic they are brewing up next.”

The post Teletubbies Digital Companions to Launch on the Tezos Blockchain appeared first on HIPTHER Alerts.

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Alarum Announces Exciting Events Lineup and Welcomes Esteemed Advisor to NetNut’s Advisory Board

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RevoluGROUP Canada Inc. Announces White Label Partnership with MONECO France

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