Blockchain
NSAV Acquires Stake in Blockchain-Driven Rideshare Platform, Rydehails, Enters $75 Billion Market
London, England–(Newsfile Corp. – April 22, 2021) – Net Savings Link, Inc. (OTC Pink: NSAV), a cryptocurrency, blockchain and digital asset technology company, today announced that it has acquired a significant stake in New York City based Rideshare Platform, Rydehails LLC, marking the Company’s official entrance into the $75 billion Rideshare market. Rydehails’ Blockchain-Driven Payment Platform aims to revolutionize the ground transportation industry. With Rydehails, drivers can earn up to 35% more than their counterparts at Uber and Lyft. Rydehails uses smart technology to provide a customizable platform for each of its users, creating a network of businesses and service providers accessible to other businesses and customers. The Rydehails platform will have a digital wallet using NSAV’s STUX token as its cryptocurrency of choice, providing customers a more secure and efficient way to do business, with the opportunity for global access as the platform grows.
According to McKinsey research, rideshare providers have only tapped in to 29% of their potential market in the U.S. The ridesharing market in the U.S. has already exceeded $34 billion and $8 billion in New York City alone. Rydehails will have direct access to 60% of this market within 12 months and currently has access to over 120,000 New York City Taxi and Limousine Commission (TLC) licensed drivers. The management of NSAV believes that this acquisition will be a major step in fulfilling the Company’s ambition of being a leading player in the multi-billion dollar, blockchain, cryptocurrency and digital asset arenas. Under the terms of the agreement, NSAV has acquired a 20% shareholding in Rydehails and has an exclusive option to acquire an additional 10% stake.
The Rydehails Blockchain-Driven Platform offers an all-inclusive source for customers seeking a range of delivery services from: food delivery, standard passenger pickup, concierge service, wheelchair access and non-emergency medical transport, freight delivery, government long-term contracts, logistics and specialized transportation. Users on the platform can schedule customizable delivery and pickup trips as they do business within the platforms network. Privacy and protection, with lower transaction and trip fees, means a lower cost for goods and services for users purchasing through the Rydehails platform. The platform also allows registered users and drivers to manage their finances, process tax paperwork with registered tax agents, pay bills and send money to family abroad.
Silverbear Capital (SBC) acted as a consultant on the transaction and provided management advisory services.
SBC has a dynamic of disciplines on a broad commercial level and practice. SBC has a strong group of partners in a wide range of disciplines with seasoned experience in finance, management, and professional practice.
The management of Rydehails released the following statement, “The Rydehails team would like to thank NSAV and Silverbear Capital for facilitating this partnership. This is the beginning of a new frontier for the ground transportation and professional driving community. Our objective at Rydehails, has always been to form relationships that maximize our impact in changing the status quo within local communities that can easily translate on a global scale as we grow. We anticipate our future launch and working alongside NSAV and VirtuaBroker, to present a platform that ultimately provides jobs, promotes business and gives our users greater financial control. Silverbear Capital is truly, professional and we appreciate all of the hard work they have put in.”
James Tilton, president of NSAV stated, “We are pleased to be able to announce the acquisition of such a significant stake in Rydehails, along with the option to acquire an even more significant stake. This acquisition, coming on the heels of the recently completed VirtuaBroker transaction, proves to our loyal NSAV shareholders and the global markets, that we are a force to be reckoned with in the cryptocurrency, blockchain and digital asset sectors. I can assure all our loyal NSAV shareholders that we are already working on further acquisitions, strategic investments and partnerships and that the best is yet to come. I would like to thank our newest partners at Rydehails and of course, the amazing team at Silverbear Capital, for making this deal possible.”
NSAV’s vision is the establishment of a fully integrated technology company that provides turnkey technological solutions to the cryptocurrency, blockchain and digital asset industries. Over time, the Company plans to provide a wide range of services such as software solutions, e-commerce, advisory services, financial services and information technology.
For further information please contact NSAV at [email protected].
The NSAV Twitter account can be accessed at https://twitter.com/nsavtech.
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Net Savings Link, Inc. to accomplish its stated plan of business. Net Savings Link, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward- looking statements included herein, the inclusion of such information should not be regarded as a representation by Net Savings Link, Inc. or any other person.
Contact
Net Savings Link, Inc.
[email protected]
Blockchain
Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation
Blockchain’s metamorphosis from niche ledger technology to the backbone of Web3 has never been more evident. Today, we cover five stories that illustrate the evolving ecosystem: a gaming platform issuing its own token on Solana; Europe’s marquee Web3 summit; a major bank forecasting a “ChatGPT moment” for blockchain; a Southeast Asian conference aimed at busting crypto myths; and a foundation rebuilding blockchain from the ground up to solve scalability. Each development—whether product launch, industry gathering, macro forecast, educational initiative, or infrastructure innovation—offers a window into the trends shaping decentralized finance, NFTs, DeFi, and beyond.
1. BitNile.com to Launch Nile Coin on Solana
News Summary
Hyperscale Data’s subsidiary BitNile.com will introduce the Nile Coin on Solana starting May 1, 2025. The U.S.–based social gaming site chose Solana for its high throughput and low fees, aiming to enhance in-game economies, reward engagement, and deliver seamless micro-transactions. Details on tokenomics and governance are forthcoming, but management touts Nile Coin as a cornerstone of future gaming experiences.
Source: CoinTrus
Analysis & Commentary
Launching a proprietary token underscores two converging trends: the gamification of finance and finance-ification of gaming. By minting Nile Coin, BitNile.com taps into DeFi mechanics—staking, liquidity pools, NFT rewards—while leveraging Solana’s scalability. Strategically, BitNile.com positions itself for partnerships with NFT marketplaces and DeFi protocols, potentially opening secondary markets for in-game assets and generating new revenue streams beyond ad sales or subscription fees.
2. Dutch Blockchain Week 2025 Gears Up in Amsterdam
News Summary
From May 19–25, Amsterdam will host the sixth annual Dutch Blockchain Week, culminating in the two-day summit (May 21–22) at De Meervaart. Tier 1 exchanges (Bitvavo, Kraken, Coinbase), Web3 pioneers (WOW.ai, Blockrise), regulators (European Commission, De Nederlandsche Bank), and industry partners (Mastercard, Deloitte) will convene. Side events range from AI-powered hackathons tackling compliance to padel networking meetups—underscoring the event’s blend of technology, policy, and community.
Source: Dutch Blockchain Week
Analysis & Commentary
Dutch Blockchain Week typifies the maturation of blockchain conferences into multidisciplinary forums. Beyond token talk and yield farming, panels on regulation, institutional adoption, and security reflect Web3’s integration into mainstream finance. Anticipate announcements on CBDC pilots, DeFi compliance frameworks, and cross-chain interoperability projects that may emerge from the Block & Order Hackathon.
3. Citigroup Predicts Blockchain’s “ChatGPT Moment”
News Summary
In an April 23 report, Citigroup analysts argue that 2025 could be blockchain’s “ChatGPT moment,” driven by regulatory clarity around stablecoins and integration with traditional financial systems. They forecast stablecoin market capitalization ballooning to $1.6 trillion (base case) or as much as $3.7 trillion (bull case) by 2030—anchored by dollar-denominated issuers and collateralized with U.S. Treasuries. Regulatory frameworks like the GENIUS Act could catalyze adoption among banks and fintechs.
Source: Cointelegraph
Analysis & Commentary
Drawing parallels to generative AI’s explosive growth, Citigroup envisions a tipping point where blockchain moves from experimental to essential infrastructure. Successful integration will hinge on robust compliance tools, auditability, and clear governance models. Enterprise blockchain vendors should prepare for surging demand in tokenized payments, on-chain settlements, and embedded DeFi rails within legacy systems.
4. Philippine Blockchain Week 2025 Debunks Crypto Myths
News Summary
Scheduled for June 10–11 at SMX Convention Center Manila, Philippine Blockchain Week (PBW) 2025 will tackle misinformation and spotlight real-world use cases. Highlights include “Crypto, Unpacked” sessions demystifying the technology; “Smart Regulation” panels uniting policymakers and innovators; and “Blockchain for Impact” showcases on remittances, disaster relief, and digital identity. Founding President Donald Lim emphasizes government support and public–private collaboration to spur inclusive growth.
Source: UseTheBitcoin
Analysis & Commentary
PBW exemplifies how emerging markets leverage education to accelerate Web3 adoption responsibly. By engaging regulators early, PBW can shape balanced frameworks that encourage innovation while protecting consumers—an instructive model for markets wrestling with both hype and skepticism.
5. D.O.G.E Foundation Launches New Blockchain, Opens Seed Round
News Summary
The D.O.G.E Foundation announced a ground-up blockchain rebuild designed to solve the scalability and reliability challenges plaguing existing networks. This modular architecture separates validation from execution to enable parallel transaction processing—targeting real-time gaming, DeFi under high load, and AI-driven applications. A seed funding round is now open to investors who share the vision of a performant, decentralized infrastructure.
Source: D.O.G.E Altcoin GlobeNewswire
Analysis & Commentary
As layer-1 congestion and high gas fees persist, new entrants must justify a “why now” with clear architectural advantages. If the D.O.G.E blockchain delivers real-world throughput and maintains decentralization, it could spur a renaissance of high-performance DeFi protocols and NFT platforms hungry for cost-effective base layers.
Conclusion & Key Takeaways
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Tokenization of Entertainment: BitNile’s Nile Coin on Solana highlights blockchain’s expansion into gaming economies and NFT reward systems.
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Convergence of Tech, Policy & Community: Dutch Blockchain Week showcases Web3’s evolution into an ecosystem engaging regulators, enterprises, and developers under one roof.
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Mainstream Inflection Point: Citigroup’s “ChatGPT moment” thesis suggests blockchain is poised for exponential adoption given regulatory support.
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Education as Catalyst: Philippine Blockchain Week’s myth-busting curriculum underscores the importance of public–private dialogue in emerging markets.
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Infrastructure Innovation: The D.O.G.E Foundation’s modular, high-throughput chain exemplifies the next wave of layer-1 networks addressing real-time, real-world use cases.
Today’s stories convey that blockchain’s next chapter will be written through strategic token launches, global convenings, regulatory clarity, educational outreach, and radical infrastructure redesign. By tracking these threads, industry participants can anticipate opportunities in DeFi, NFTs, Web3 games, and enterprise integration. Stay tuned for tomorrow’s Blocks & Headlines, where we’ll continue to decode the innovations shaping decentralized finance.
The post Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation appeared first on News, Events, Advertising Options.
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