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ALYI $300 Million African Electric Vehicle Initiative Surges Forward

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Dallas, Texas–(Newsfile Corp. – July 10, 2020) – Alternet Systems, Inc. (OTC Pink: ALYI), today highlighted an influx of Japanese venture capital into Africa further improving upon ALYI’s access to investment to fund the company’s electric innovation in Africa.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/59526

“Hong Kong E-commerce Development Summit” & “E-Commerce Youth Entrepreneurship Scheme” drives e-commerce development in Hong Kong and promotes youth entrepreneurship

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Co-hosted by Guangdong Hongkong and Macau Youth Enterpreneurship Incubator, together with the Hong Kong eCommerce Research Centre, and organized by Bonjour Technology, the “Hong Kong E-commerce Development Summit” & “E-Commerce Youth Entrepreneurship Scheme” was officially launched today at Bonjour Group Centre in Bonjour Tower. The “Hong Kong E-commerce Development Summit” discussed how the converging of capital flow, logistic flow and data flow empower the e-commerce industry to become the main driving force of Hong Kong’s future economic development and young entrepreneurship. “E-Commerce Youth Entrepreneurship Scheme” also kicked off today, aiming to encourage and assist university students in Hong Kong to kickstart their own career in e-commerce without any costs; and to promote the development of e-commerce in Hong Kong.

Hong Kong E-commerce Development Summit

The Summit gathered the e-commerce industry’s top-level professionals, including the representatives of six e-commerce associations, namely Hong Kong Federation of E-commerce, Hong Kong Entrepreneurs Association, Hong Kong Internet and e-Commerce Association, Hong Kong Federation of E-commerce, Hong Kong Cross-border E-commerce Association and Hong Kong Blockchain Industry Association, as well as representatives from leading e-commerce enterprises including Alibaba, Tencent, JD, eBay and Google, to discuss how the synergy of capital flow, logistic flow and data flow empowers the e-commerce industry and capitalizes Hong Kong’s traditional advantages to build a successful e-commerce service system in the Greater Bay Area. The Summit also focused on how e-commerce becomes the main driving force of Hong Kong’s future economic development, how new technologies and new economies promote the development of traditional local enterprises, as well how enterprises benefit from e-commerce to encourage young entrepreneurs. The Summit aimed to strengthen the local enterprises’ understanding on e-commerce and further drive the development of the retail industry.

E-Commerce Youth Entrepreneurship Scheme

The Scheme was hosted by Guangdong Hongkong and Macau Youth Enterpreneurship Incubator, and organized by Bonjour Technology, aiming to at nurture young local e-commerce entrepreneurs and enhance the development of e-commerce in local businesses. The Scheme will take on 1,000 Hong Kong university students. Students who are interested in the scheme can apply online starting from today (see attached QR Code) and will have the opportunity to develop their own e-commerce businesses on the systematic and comprehensive sales platform established by Bonjour Technology. Bonjour Technology invested approximately HK$50 million to provide professional trainings and assist participants to start their own businesses with ease so as to enhance the development of e-commerce in local businesses

Mr. Clement J W CHEN, JP, Honorary Chairman of Guangdong Hongkong and Macau Youth Enterpreneurship Incubator, said: “The development of e-commerce has become a new trend. We hope to bring innovative business opportunities to the young generation. By providing various resources and trainings on our platform, we aim to nurture a group of e-commerce entrepreneurs. We encourage the youngsters to take on challenges and grasp the opportunity to join this E-Commerce Entrepreneurship Scheme, with a hope to drive e-commerce development in Hong Kong and act as a catalyst to  the development of Hong Kong’s e-commerce enterprise ecosystem.”

SpaceTravel to partner with UnionPay, The Embassy of the Republic of Indonesia & Bali Tourism Promotion Board to Bolster Bali Tourism Industry through launch of BUBU App

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SpaceTravel, UnionPay International, and the Bali Tourism Promotion Board, supported by the Embassy of the Republic of Indonesia in Singapore, yesterday officially kicked off their partnership to offer BUBU, a lifestyle app for tourists in Bali. Singapore-based startup, SpaceTravel, will develop this app as this partnership hopes to embrace digitisation to bolster the Bali tourism industry through its recovery.

This partnership was announced at a webinar yesterday “Digitisation to Unlock Tourism Potential Post-Covid”. The event was attended by His Excellency Ngurah Swajaya, the Ambassador of the Republic of Indonesia to Singapore, Mr. Muhammad Neil El Himam, Director for Application & Governance of Digital Economy – Ministry of Tourism and Economy Creative of the Republic of Indonesia, Dr. Putu Saroyini, Vice-Chair Bali Tourism Promotion Board, Mr. Wenhui Yang, General Manager, UnionPay International (UPI) Southeast Asia, Mr .Ping Teck Huat, CEO of SpaceTravel Pte Ltd, and other distinguished guests.

BUBU is an all in one application that allows tourists to Bali to navigate, book accommodation, transport and look for merchant offers, whilst giving merchants the ability to gain insights about and reward consumers when they spend.

In his opening address, Ambassador Ngurah said that since the pandemic Covid-19, the government has developed and rolled out a comprehensive strategy for the development of the Indonesian Tourism in line with the Cleanliness, Health, and Safety (CHS) protocol.

“The plan to reopen is gradual and emphasizes the importance of developing confident, safety, and quality tourism. Reopening borders has been discussed in the ASEAN context,” he said.

Following him, Mr. Neil El Himam shared with attendees several marketing strategies which tapped on digitisation to increase quality tourist visits to Indonesia in the future. This included Indonesia Care, which taps on VR, Big Data, and blockchain to promote virtual, seamless tourism to future tourists to Bali.

“While we don’t hope to replace the in person experience, tourists can now preview what they will be seeing on the trip before they embark on it,” he remarked.

Similarly, Dr. Putu Saroyini stressed the use of mobile applications to engage the Chinese tourist market, which accounted for close to 20 percent of the country’s 18,000 daily visitors pre-Covid. Dr. Putu highlighted that the BUBU App taps on the human desire to gain rewards for their actions, which will encourage them to spend while travelling.

“This gamification feature will promote a higher user engagement, which I believe will make it the ideal choice for travellers when they come to Bali,” she said.

This was a sentiment echoed by Mr. Ping, who urged offline businesses to be quick in adopting digitisation to reach out to potential tourists while observing safety.

“With the help of local tourism boards and UnionPay, we are able to engage these merchants directly and connect them with potential customers in a contactless and hygienic way,” he said.

Mr. Wenhui Yang, General Manager of UPI Southeast Asia further added, “We are pleased to be part of this partnership, to bring more value to our Cardholders, merchant acquirers, and Bali merchants alike.

“This app makes it easier for tourists to not only find their way around Bali, but to easily find and pay for exciting merchant offers when visiting the famed island of the Gods,” he said.

In Bali, the province’s success in fighting COVID-19 has resulted in the Indonesian government expressing interest in reopening its door on 11 September 2020. This has caused much excitement for industry players, who see this as an opportunity for business recovery and even growth.

UnionPay is accepted at almost all merchants in Bali now, and in many parts of Indonesia. UnionPay serves the world’s largest Card base of over 8 billion and is one of the fastest growing international payment networks, now accepted in 179 countries and regions.

SpaceTravel also plans to conduct other webinars like best practices for businesses to stay connected to consumers during this challenging time, dialogues with local businesses on how they pivoted to ensure the proper roll-out of the COVID-19 safe distancing measures, and training on tools across the Facebook platform.

ALYI – Alternet Advanced Electric Vehicle Center Under Development

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Dallas, Texas–(Newsfile Corp. – July 9, 2020) – Alternet Systems, Inc. (OTC Pink: ALYI), an innovative electric vehicle company concentrating on the African market, has initiated the design and engineering phase of a development to construct facilities covering approximately 100 acres that will be required to host the intended anchor event at the company’s annual electric mobility conference and symposium. The company recently announced a $2.5 million investment deal intended to fund this first phase of the development. The $2.5 million is an advance on a $25 million investment currently committed under a letter of intent. Next week, on Tuesday, July 14, management plans to publish more details on the 100-acre development.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/59469

BurstIQ Wins Prestigious Award at the 2020 Enterprise Blockchain Awards

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BurstIQ, the leading provider of blockchain-based data solutions for the healthcare industry, received the coveted award for Innovative Entrepreneurship in Blockchain Industry Solutions this week at the 2020 Enterprise Blockchain Awards hosted by Blockchain Revolution Global. The company’s CEO, Frank Ricotta, was also recognized as a finalist for Blockchain Leadership, and Chief Scientific Officer Dr. Wendy Charles was a finalist for the New Frontiers in Blockchain Research award.

BurstIQ has emerged as the clear market leader in providing blockchain-enabled data solutions for the healthcare, life sciences and identity industries. The company’s core platform allows enterprises and government agencies to build secure data networks for managing multi-dimensional profiles, cryptographic ownership and consent-based access to data. The platform allows data producers and data consumers to connect with each other and exchange data in a secure and regulatory compliant framework.

The company supports over 100 partners on five continents; partner solutions include health information exchanges, enterprise data networks, workflow optimization, revenue cycle, know-your-customer (KYC) and distributed identity, personal health records, contact tracing, immunity passes, and more. The company is a strategic partner to the International Trade Administration (ITA), serves as an advisor to OECD and the EU Parliament, and was the first blockchain company to join the UN Global Compact.

“We believe very strongly in the power of blockchain to increase both transparency and security of health and identity data,” says Frank Ricotta, CEO of BurstIQ. “Being recognized by Blockchain Revolution Global validates that we are making a positive impact in the market, and we are honoured to be recognized.”

The award follows closely on the heels of the company’s launch of Research Foundry, a global coalition of enterprises and entrepreneurs working together to solve COVID-19 and other global health challenges, as well as the announcement of a collaboration between BurstIQ, American Heart Association and Hitachi Vantara to bring together data, science, and technology to drive breakthroughs in the fight against COVID-19.

Klaytn Implements Fee Delegation Policy for Blockchain Services

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Klaytn, the blockchain project of Korea’s largest messaging-app operator, Kakao (KRX: 035720), today announced that, in celebration of the 1 year anniversary of the mainnet launch, it starts a fee delegation policy for its partners operating blockchain applications on the Klaytn platform. Any transaction fees incurred on Klaytn will be covered by Klaytn on behalf of its partners.

Klaytn is a public blockchain platform whose mainnet ‘Cypress’ was launched on June 27, 2019. With a mission to drive mass adoption of blockchain, Klaytn is committed to offering high performance, fast response time, and flexible scalability solutions that cater to a wide spectrum of engineering audience, from micro startups to large-scale enterprises. The service provider partners can benefit from Klaytn’s efficient hybrid design that combines the best features of both public and private blockchains. To this date, approximately 60 applications are running on Klaytn platform.

In celebration of the first anniversary of its mainnet launch, Klaytn is implementing a fee delegation policy, through which Klaytn pays for all transaction fees on behalf of its developers and service providers that run applications on Klaytn platform. The developers would be able to deploy or execute smart contracts at no cost. Further, any wallet services that support Klaytn’s KLAY or Klaytn-based tokens can also have their transaction fees covered by Klaytn so that its users can send or receive tokens at no cost.

Klaytn will be running the fee delegation policy for the next 1 year. Current Klaytn partners are eligible first. After considering network and security issues, Klaytn plans to extend the policy for any interested developers or service providers.

Jason Han, the CEO of Ground X, said, “We decided to waive all transaction fees for Klaytn services to express our gratitude for the partners who have contributed to building the greater Klaytn ecosystem.” He added, “We will extend this new policy for any interested startups or developers so that those who had difficulty using a public blockchain due to high costs would be able to consider using Klaytn blockchain.”

Meanwhile, Klaytn has released the fifth version of Klaytn, Klaytn v1.5.0, along with SDK yesterday. For more information, visit the official Klaytn Medium blog.

The Death of the $2 Trillion Auto Industry Will Come Sooner Than Expected

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Tesla is now bigger than Exxon. BlackRock has taken over Wall Street. Even unprofitable, Uber and Lyft are threatening to overtake the $1-trillion auto industry and they’ve only scratched the surface. Now, the worldwide $2-trillion auto industry is next in line for disruption.  Mentioned in today’s commentary includes: BlackRock, Inc. (NYSE: BLK), Uber Technologies, Inc. (NYSE: UBER), Facebook, Inc. (NASDAQ: FB), Alphabet Inc. (NASDAQ: GOOGL), Microsoft Corporation (NASDAQ: MSFT).

This is the Fourth Industrial Revolution–kicked into high-speed gear by a global pandemic. And it’s all about tech-driven freedom.

For the auto industry, in particular, it’s a double threat: Tesla is now the most valuable car maker “of all time“. And with combined market caps of some $70 billion, Uber and Lyft are also severely disrupting the giant auto industry. 

Tesla is worth almost $225 billion (or quarter of a trillion dollars), while the top three American automakers–GM, Ford and Chrysler–are worth around $70 billion–the same as Uber and Lyft. But while Tesla’s EV threat to the industry is clear, the ride-sharing giants’ business models are broken. Now, they may be about to find themselves on the wrong end of the disruption.

The newest threat to Uber, Lyft and the trillion-dollar personal ownership auto industry comes out of Canada’s “Silicon Valley”. It’s on the right side of history: In lock-step with Tesla’s EVs and BlackRock’s “impact investing” takeover of Wall Street … 

Launched in 2019, Facedrive (FD.V) (FDVRF) is leading the evolution of shared mobility–from EV and carbon-offset ride-sharing to acquisition-hungry food delivery, healthcare services and even COVID tracing tech. 

It’s got the new business model to lure in big capital that’s tired of the giants’ cash burn, bad press and endless unprofitability. It views shared mobility as much more than a ride: This is about technology, and Facedrive has launched multiple revenue streams that take advantage of the rider relationship. Now, it’s starting to go international. 

A series of smart acquisitions and new service launches have positioned it to be a key challenger to the shared mobility throne. But it’s about to get even more exciting, with a government endorsement for high-tech COVID tracing and new partnerships on the boardroom deal table … 

Here are 5 reasons to keep a close eye on this burgeoning sector right now: 

#1 This Is What Big Capital Wants

There’s a reason BlackRock is blowing Wall Street out of the water right now–sustainable investing.  It’s the ethical squeeze of the century because it’s not just about the moral high ground anymore–it’s about making money.

BlackRock (BLK) has now replaced Goldman Sachs to become the most important banking company in the world. BlackRock is all about technology, and all about mitigating risk through sustainable companies. With well over $7.4 trillion in assets under management, and clients in over 100 different countries, it’s safe to say that BlackRock has played a vital role in shifting investors’ perspectives in the ESG field.

And savvy companies are following suit. In fact, where Facedrive launched its coup. Facedrive’s next-gen ride-sharing is the first to offer customers a choice for every ride; whether they want an EV, a hybrid, or a conventional car. Then it offsets CO2 by planting trees along the way. 

The Canadian startup has positioned itself to help solve ride-sharing’s environmental problem by changing its footprint, —and aims to do so without sacrificing profit, which Uber has never even made anyway. 

Globally each year, plants remove about 25% of the carbon emissions produced by human activities such as burning fossil fuels while a similar amount ends up in the oceans. So, Facedrive is getting back to Mother Nature–and millennials and investors are loving it.

#2 Conscious Healthcare

Facedrive engineered another major coup last month when it launched TraceSCAN, a homegrown Canadian COVID-19 tracing solution and the only viable application that features Bluetooth wearable tech integration.  Right off the bat, it partnered with LiUNA–one of the largest labor unions in the world–to help protect the health and safety of its 130,000 members and their families in Canada. 

Now, solidified its power as the leader in this space in Canada, with a government support to deploy TraceSCAN

Not only did Facedrive’s TraceSCAN just get the official endorsement from the Government of Ontario as technology that can effectively help trace coronavirus infections, but the government is encouraging its deployment across all major sites–from Parliament Hill’s major renovation project in Ottawa, to corporate offices, sporting events, healthcare facilities, long-term care facilities and outdoor venues. 

#3 Innovative Revenue VS Irresponsible Cash Burn 

Facedrive (FD.V) (FDVRF) isn’t just challenging Uber in the ride-sharing space. And it isn’t just the mobile leader of COVID-19 tracing tech in Canada–it’s now challenging the food delivery giants, too. 

Uber (UBER) is the de facto leader in this field currently thanks to its Uber Eats branch. And now it’s looking to expand in big ways. Earlier this year, it was prepared to pay a premium for the Grubhub–the delivery service with the biggest US market share. But that deal fell through and now Uber has to settle for potentially taking over the much smaller Postmates

Facedrive is also pursuing aggressive expansion in this space–but not paying premium prices like Uber has done. 

In May, Facedrive entered into a binding term sheet to acquire the assets of Foodora Canada, a subsidiary of giant Delivery Hero–the $20-billion multinational food delivery service. This could turn out to be another major coup for Facedrive because Delivery Hero is one of the best–operating food delivery services in 40 countries and services more than 500,000 restaurants with a brand that doesn’t have the negative baggage of Uber Eats or DoorDash. 

This new face of “sharing” is cutting a food delivery acquisition deal for what is expected to be a reasonable price. And it’s acquiring from Delivery Hero–the only company with a good reputation in this business, earning it the moniker of “United Nations of food delivery”.  That’s because Delivery Hero spans 28 brands in over 40 countries. And it makes restaurants happy instead of gouging them. 

Overnight, Facedrive is set to position itself into the top echelon of Canadian food delivery services. Then targeting international expansion. The winner of this war will likely be the new sharing business model that defies the out-of-control cash burn, broadens the revenue potential and wins the hearts and minds of every stakeholder in the chain, including drivers and restaurants.

#4 International Branding

What millenials know, and what millennials want is this: A company that recognizes that ride-sharing isn’t going to work unless it’s a lifestyle, not just a way to get from Point A to Point B. 

It has to offer more, be more convenient, responsible and have a positive impact on the world around one. That’s what the giants just don’t get. They should, because millennial money is big money. Millennials have changed the future of investing

That old adage that any publicity is good publicity no longer holds water. Bad publicity now resonates with massively powerful shareholder activism. 

The most often used phrase about the Uber brand at this point is that it’s a service everyone loves to hate and hates to love. Now, with Facedrive, riders have a choice, and that choice is getting ready to go international. 

#5 Where Canada Trumps Silicon Valley

As we’ve already seen in Silicon Valley, tech giants across the board are diving head-first into the sustainability push. Facebook (FB), for its part, has taken an innovative approach in its efforts to reduce its carbon footprint. Its data centers are some of the most resource-efficient on the planet, and it’s become an example for the entire industry.  And by the end of the year, it will have 100% of its data centers running on green energy. A massive and ambitious undertaking. But if anyone can do it, it’s Facebook.

Not to be outdone, Google (GOOGL) is jumping on the green bandwagon, as well. It’s focus is on raising the bar for smarter and more efficient use of the world’s limited resources. It is building sustainable, energy-efficient data centers and workplaces. It is also harnessing artificial intelligence to utilize energy more efficiently.  

While Google completely rethinks the game for its own operations, it is also creating a completely sustainable supply chain, working with companies around the globe to help them integrate their own sustainable systems.

Microsoft (MSFT)
is one of the most innovative and well-known companies within the tech sector, but its Windows platform is the most widely used operating system on the planet. First launched in 1985, Windows has shaped what is expected from a personal home computer. 

But Microsoft is appealing to investors for more just its Windows platform. It is diving head first into an entirely new market. With key partnerships utilizing and implementing blockchain technology, the company’s upside could have huge potential as the tech takes off.

Not only has it always been on the cutting edge of innovation, it’s taking a serious stance on the climate crisis. In fact, it’s pushing so hard that it is aiming to be carbon NEGATIVE by 2030. That’s a huge pledge. And if anyone can do it, it’s Microsoft.

But the United States’ crackdown on immigration has driven innovation north of the border. Ontario’s Waterloo “Technology Triangle” is pumping out some of the most innovative new tech these days. And it’s positioned to challenge Silicon Valley in both environmentally conscious and tech driven solutions with bold new startups such as Facedrive, whose Chairman and CEO, Sayan Navaratnam, is all about identifying and running with trends before they become mega. He saw where Uber and Lyft would trip up years before it became clear to everyone else. 

That’s a lot of potential revenue streams that Facedrive (FD.V) (FDVRF) is latching onto. In the realm of “shared mobility”, the possibilities are almost endless. Its taking its “people and planet first” business model–the one that is in lockstep with the $30-billion ESG investing trend–international. 

By. Michael Drew

** IMPORTANT, BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY **

Forward-Looking Statements

This publication contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements.  Forward looking statements in this publication include that the demand for ride sharing services will grow, and transportation as a service industry will reach $8 trillion; that the demand for environmentally conscientious ride sharing services companies in particular will grow quickly and take a much larger share of the market; that Facedrive’s TraceScan app will be adopted by other parties including government;  that Facedrive’s marketplace will offer many more sustainable goods and services, and grow revenues outside of ride-sharing; that new products co-branded by Bel Air and Facedrive will sell well; that Facedrive can achieve its environmental goals without sacrificing profit; that Facedrive Foods will expand to other regions outside southern Ontario soon and will close its purchase of Foodora; that Facedrive will be able to fund its capital requirements in the near term and long term; and that Facedrive will be able to carry out its business plans. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information.  Risks that could change or prevent these statements from coming to fruition include changing governmental laws and policies; the company’s ability to obtain and retain necessary licensing in each geographical area in which it operates; the success of the company’s expansion activities and whether markets justify additional expansion; the TraceScan app may not be adopted because of better apps offered by competitors or because of expense the ability of the company to attract a sufficient number of drivers to meet the demands of customer riders; the ability of the company to attract drivers who have electric vehicles and hybrid cars; the ability of Facedrive to attract providers of good and services for partnerships on terms acceptable to both parties, and on profitable terms for Facedrive; that the products co-branded by Facedrive may not be as merchantable as expected; that Facedrive does not close the purchase of Foodora and even if it does, the purchase does not bring the customers, partnerships or revenues expected; the ability of the company to keep operating costs and customer charges competitive with other ride-hailing companies; and the company’s ability to continue agreements on affordable terms with existing or new tree planting enterprises in order to retain profits. The forward-looking information contained herein is given as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.

CRYPTOGRAPH, the Blockchain Based Digital Collectible Auction Site Run on Ethereum, Officially Launches, Featuring Original Creations by World Crypto Leaders

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Cryptograph, (cryptograph.co), officially launched their new platform on July 6, 2020, with the auction sector live as of today, July 8, 2020, featuring original digital artwork by Crypto world leaders such as Vitalik Buterin, Vlad Zamfir, El33th4xor, Avsa, MihaiAlisie, ErikVoorhees, and Jutta_Steiner. Positioned to become a market leader in blockchain based digital collectibles and artwork, also known as NFT’s (Non-Fungible Tokens), the Cryptograph platform features this new and original digital art and memorabilia, with Cryptographs to follow from some of the world’s most renowned artists and icons.

July also officially marks the five year anniversary of Vitalik Buterin’s Ethereum Blockchain, and his digital artwork is now live on the Cryptograph auction block as of July 8th. His Cryptograph is a one-of-a-kind hand drawn representation of his groundbreaking Quadratic Funding Formula, an idea which could form the basis of a new general purpose infrastructure for the funding of public goods.

Today, digital content is built on selling either attention (Youtube, Instagram), or access (Netflix, Pay Per View, Patreon). Thanks to blockchain technology, we can now turn digital content into a collectible and tradable asset. For the first time, a string of 0s and 1s can now be immutably owned, shared and traded. We are witnessing the beginnings of a new content model for the internet, not purely based on likes and views but also on value and ownership. As we increasingly live, meet and interact digitally, collectors have been looking for new ways to showcase and express themselves in the digital world.

As virtual currencies continue to increase in value and credibility, more and more people are beginning to take a serious look at the disruptive potential of blockchain technology. Beyond using blockchain for cryptocurrencies, companies like Cryptograph are paving the way for a new digital ownership revolution that will lead to further mainstream adoption of blockchain. Cryptograph’s unique platform offers original celebrity art tokenized on the Ethereum blockchain, complete with authenticated photos and videos from the Creators themselves, offering a truly one of a kind collectible for the digital collector.

Every Cryptograph supports a charitable cause close to the heart of their creator. Every time a Cryptograph is transacted, money is automatically donated to the creator’s cause. All transactions on the Cryptograph platform take place on the Ethereum blockchain so everything is transparent and trackable; no ‘creative accounting’ is possible. Also due to the indestructible nature of a Cryptograph, the revenue share generated for their charity partners persists perpetually. Cryptographs are a powerful new tool that charities can use to raise funds over a longer term and in a more sustainable fashion.

“A key differentiator is our unique business model that aligns the interests of our creators and charities over the long term (by giving creators and charities a share in the perpetual revenue of each Cryptograph) will drive long term value to our collectibles and to our collectors. This kind of ‘creator first’ business model is new for this space and we believe it will have a big positive impact for our creators and collectors alike.” – CEO, Hugo McDonaugh

Cryptographs are one-of-a-kind digital creations made by world renowned icons and artists that support charitable causes, forever. Each Cryptograph is sold at auction and then traded by collectors on the platform’s secondary market, raising money for charity every time they are transacted. The creators on the platform also have the opportunity to take a perpetual revenue share from their Cryptograph, giving them an entirely new way to monetize their talent and creativity and allowing them to truly realize the intrinsic value of their work over the long term, whilst at the same time delivering huge philanthropic impact.

Cryptograph uses smart contract technology to process and automate all transactions in a secure and transparent environment. This technology allows Cryptograph to make sure that their charity and creator partners will get a share of the revenue not just from the initial auction sale, but also from every single bid and subsequent sale that occurs on the secondary market. This powerful model ensures that the interests of all the parties involved in the Cryptograph ecosystem remain forever aligned and that they are continually incentivized to deliver further value over the long term to the community of Cryptograph collectors.

Cryptograph puts forward a new and unique model for ‘crypto collectibles’ with an innovative and sustainably philanthropic business model underpinning their whole platform. They are positioned to become a new market leader in this ever evolving and exciting young market. Cryptographs are an entirely new form of collectible that collectors can trade and collect in perpetuity, whilst also having a positive impact on the world at the same time.

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