APP:CC - GCAC Announces CGVET Token Stake & Earn Program with 200% APY
(TheNewswire)
CGVET program fuels B2B adoption ofEfixii Uplift couponing by brands and retailers
Vancouver, British Columbia, Canada– TheNewswire - July 6, 2023 – Global ComplianceApplications Corp. (“GCAC” or the “Company”)(CSE:APP ) , ( FSE:2FA ) , ( OTC:FUAPF), a leadingchain-of-custody compliance and data platform, is excited to announcethe availability of a Stake & Earn program for CGVET tokens, https://cgvet.io/ . CGVET tokens areawarded exclusively to Efixii Uplift brands and retailers as theyprovide discounted goods and services to veterans in the Company’sCitizen Green Project[1]. Staking earned tokens can generate a yieldof upto 200% per annum for brands and retailers, paid in CGVET tokens,see https://cross-fi.finance/ .
By joining the Citizen Green Project on the EfixiiUplift couponing platform[2], brands and retailers gain numerousbenefits, including the ability to receive free CGVET tokens, directlyconnect with veterans on a one-to-one basis using the Uplift app, runreferral-based marketing programs, create digital loyalty coupons,gain valuable PoS data, collect meaningful insights, and collectproduct feedback directly from veterans that use the Upliftapp.
Building upon this couponing innovation, CGVET'sroadmap outlines its strategic direction with phase 1 focusing onlaunching the CGVET ERC-20[3] token, fostering token communityoutreach, and establishing partnerships with vendors. In Phase 2,CGVET forges discount partnerships, collaborates with tokencommunities, and creates a token-gated Discord group for increasedtoken holder engagement. These developments pave the way for Phase 3:Vet Takeover, where CGVET becomes a powerful force, propelling growthand expanding the community.
Brad Moore, CEO of GCAC, stated, "Our metaverse onthe Efixii blockchain grows as more companies and veterans join theCitizen Green Project and use Uplift NFT coupons. Our aim has alwaysbeen to deliver a disruptive solution that allows brands to connect toconsumers without the mega-corporations dominating couponings’ USdollar settlement processes. And, in a world where users areincreasingly dissatisfied with traditional monolithic print-media ande-couponing platforms, Efixii’s NFT couponing coupled with our B2BCGVET rewards program offers a decentralized solution that enables anysmall to mid-size business to participate in the couponingspace."
For brands and retailers interested in learning aboutEfixii couponing or joining the Citizen Green Project, please visit https://efixii.io/uplift-nft-coupons/ .
[1] https://citizengreen.io/
[2] https://newsroom.globalcompliance.app/226422-gcac-announces-the-launch-of-efixii-uplift
[3]https://ethereum.org/en/developers/docs/standards/tokens/erc-20/
About Global C ompliance Applications Corp. “GCAC”
GCAC is a global leader in designing and developinginnovative blockchain technologies and machine learning solutions toimprove real-world businesses. GCAC's leading solution is Efixii, anEthereum Layer 2 blockchain and EVM programming functionality that ison par with other Layer-2's, such as Polygon. GCAC can quickly connecteach participant from product producers, distributors, manufacturersand retailers through a series of value chain dApps that allows fordata connectivity to drive better consumer experiences and sales. GCACcreated clearESG to assist businesses in communicating theirsustainability goals and earned attributes on the blockchain through aseries of ESG (Environmental, Social & Governance) merit badges.As an interconnected supply chain solution, the Efixii solution paystokens for attesting to a product's value, or truthness, through areward program. GCAC works in many agricultural industries providing avalue-added blockchain offering through a cost-effective SaaSlicensing model.
For more Company information, please visit www.globalcompliance.app , or review its profileson www.sedar.com and on the Canadian Securities Exchange's website www.thecse.com .
About CGVET Token
CGVET is a token/coin with no intrinsic value orexpectation of financial return. The coin is for entertainmentpurposes only. CGVET tokens shall only be issued to brand and retailerbusinesses that have successfully undergone Know Your Customer (KYC)and Anti-Money Luandering (AML) checks as performed by the Company orits designated service providers. The Annaul Percentage Yield (APY)rates are set by the Company at its sole discretion and may changewithout notice. The APY increases depending on how long the tokens arelocked for, and the yield is currently set at 3.1% for 1 month, 8.7%for 2 months, 16.1% for 3 months, 25.4% for 4 month, 36.6% for 5month, 50% for 6 months, 65.9% for 7 months, 84.6% for 8 month, 106.8%for 9 month, 132.8% for 10 months, 163.6% for 11 months, and 200% for12 months. See CGVET APY rates at https://cross-fi.finance/ .
GCAC Press Contact
Phone: +1 (800) 409-5679
Email: info@GCAC.tech
www.globalcompliance.app
Forward-Looking Information
This news release mayinclude forward-looking information within the meaning of Canadiansecurities legislation concerning the business of GCAC.Forward-looking information is based on certain key expectations andassumptions made by the management of GCAC. Although management of theCompany believes that the expectations and assumptions on which suchforward-looking information is based are reasonable, undue relianceshould not be placed on the forward-looking information because GCACcan give no assurance that they will prove to be correct.Forward-looking statements contained in this news release are made asof the date of this news release. GCAC disclaims any intent orobligation to update publicly any forward-looking information, whetheras a result of new information, future events or results or otherwise,other than as required by applicable securities laws.
The CanadianSecurities Exchange has not reviewed and does not acceptresponsibility for the adequacy and accuracy of thisinformation.
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