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Ayre Ventures Completes Follow-On Investment in Mijem Inc.

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First Marketplace with ‘Get Bitcoin SV-Back’ Loyalty System – Users Benefit from new Crypto Wallet Functionality and BSV Loyalty Program

Toronto, Ontario–(Newsfile Corp. – January 13, 2022) – Mijem Inc., the Canada-based social marketplace and technology company, closed a follow-on investment in its RTO concurrent financing with noted technology entrepreneur Calvin Ayre, founder of venture capital firm Ayre Ventures. Mijem Inc., having recently amalgamated into Mijem Newcomm Tech Inc., is currently trading on the CSE under ticker MJEM.

Mijem Newcomm Tech Inc. is the developer of the popular Mijem social marketplace, an intuitive online platform and application ecosystem that connects students with their peers to efficiently buy, sell and trade goods and services. Mijem social marketplaces centers around Gen Z communities, including post-secondary institutions, in the United States and Canada. To date, Mijem has established relationships with more than 70 university and college communities, including those at the University of Texas, the University of Toronto, the University of British Columbia, the University of Michigan and the University of Miami.

Commenting on his investment, Ayre Ventures founder Calvin Ayre, said, “Mijem’s integrated Bitcoin SV (BSV) loyalty system is a key development for its users because Bitcoin SV is an everyday digital currency with important advantages with regard to scalability, speed, eco-friendly footprint, and low costs. We see a great opportunity to continue working with their team to further develop the Mijem offering with Bitcoin SV and play a part in their ongoing success story.”

Mijem founder Phuong Dinh said, “Bitcoin SV is what the original Bitcoin white paper envisioned, namely, a fast, inexpensive, peer-to-peer electronic cash system – and all these characteristics are important for Mijem’s Gen Z target market. Mijem is connecting communities, building trust, and providing features like links to digital asset wallets and BSV rewards that Gen Z demands. On behalf of Mijem, I’d like to thank Ayre Ventures for their investment and continued support.”

Media Contact

Sean Peasgood
[email protected]
(437) 253-9222

About Bitcoin SV

The Bitcoin SV network is an enterprise-grade public blockchain that benefits from its ability to scale unbounded, offering greater data capacity and functionality, in addition to super low transaction fees (median transaction fees on the BSV network for payments have ranged from 1/25 to 1/100 of a U.S. cent), enabling it to serve as a powerful global data ledger for business, as well as a fast and efficient peer-to-peer electronic cash system.

About Mijem Inc.

Mijem is a Canadian-based social media and technology company that provides innovative solutions to create a vibrant social marketplace for Generation Z to connect and to efficiently buy, sell and trade goods and services. Mijem’s patent-pending flagship technology currently permits thousands of university and college students across the United States and Canada to both connect online and engage in consumer-to-consumer commerce.

About Ayre Ventures

Ayre Ventures, founded by celebrated entrepreneur and philanthropist Calvin Ayre, provides capital to scalable, high-growth businesses within the BSV blockchain ecosystem. Ayre Ventures targets investment in innovative ideas and ambitious projects that are ‘positively disruptive’, supporting their expansion with the Group’s extensive network and industry partners.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/109876

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.

Blockchain

Revolutionizing Fintech: 6G Digital & Rune Nilsson’s FlexM Global in a Bold $12.5M Deal Shaking the Banking Industry

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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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