TORONTO, July 06, 2021 (GLOBE NEWSWIRE) – Blockchain Foundry Inc. (âBCFâ or the âCompanyâ) (CSE: BCFN) has entered into a blockchain development agreement (the âAgreementâ) with Gifty, a new company by Evolve Media to create a cryptocurrency and NFT donation platform. San Francisco-based Evolve Media is an award-winning creative agency established in 2007 that produces content for commercial, television and film audiences around the world.
The deal engages Blockchain Foundry to create a solution design to develop the Gifty platform.
âIn a space that is changing so rapidly, I was looking for the best partner to execute my vision for our cryptocurrency donation platform. After interviewing several companies, Blockchain Foundry was the obvious choice due to their deep understanding of the concept. , of their impressive record track, and the details into which they were able to distil our ideas, âsaid Tommy Maples, Founder of Evolve Media.
âWe are excited to work with Tommy Maples to continue to mainstream cryptocurrency by developing his vision for a platform that delivers a simple and easy-to-use cryptocurrency giveaway experience,â said Dan Wasyluk, CEO by BCF.
About Gifty by Evolve Media
Gifty by Evolve Media is a new platform designed to simplify the offering of cryptocurrency to non-cryptocurrency holders. Gifty has a unique design that allows anyone to receive cryptocurrency or NFT from a gift giver without going through the complicated process of setting up a wallet. Gifty’s goal is not only to simplify the gift of crypto but also to accelerate adoption.
Gifting cryptocurrencies to friends and family outside the ecosystem is a daunting task. In many cases, the gift recipient never manages to create an account or wallet to receive their crypto. The new Gifty platform solves this problem by allowing the recipient to access their crypto by simply clicking on an email link that takes them to their Gifty dashboard, with instant access after entering a sent 2FA code. on his phone.
At its core, Gifty is about giving, but it’s also designed with a focus on the global adoption of crypto. Once the recipient accepts their crypto or NFT, through their sleek yet easy-to-understand dashboard, they receive educational tools, as well as multimedia and video recommendations from the sender. The initial features will allow recipients to stake their crypto for more rewards, re-offer it, transfer it to another wallet, or cash it out.
Gifty has also integrated a sender staking feature by offering an option to place a maturity date on a crypto giveaway that will earn rewards until it matures. The recipient will have access to the visualization and knowledge of their crypto gift, but will not be able to carry out any transaction until they have reached their maturity date. This feature was designed for college funds, wedding funds, etc., but we are seeing its application grow more over time.
About Blockchain Foundry Inc.
Blockchain Foundry develops and markets blockchain-based business solutions and provides consulting services to corporate clients looking to integrate blockchain technology into their businesses.
Contact details of the Blockchain Foundry:
Chief executive officer
Portions of this press release contain “forward-looking information” within the meaning of applicable Canadian securities legislation, also referred to as “forward-looking statements”, which may not be based on historical fact, including but not limited to y limit,, statements concerning BCF’s business strategy and objectives and the expected timelines for future BCF products. Whenever possible, words such as “will”, “plan”, “expect”, “aim”, “continue”, “,”, “could”, “would” or could, and the negative such expressions or statements that certain actions, events or results âcouldâ, âcouldâ, âwouldâ, âcouldâ or âwouldâ be taken, occur or be achieved, have been used to identify forward-looking information.
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This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described in the United States. The securities described in this document have not been registered under the United States Securities Act of 1933, as amended (the âUS Securities Actâ), or any state securities law and may not be offered or sold in the “United States”, as that term is defined in Regulation S promulgated under the US Securities Act, unless it is registered under the US Securities Act and the securities laws of the United States. Applicable states or an exemption from these registration requirements is available.