Vancouver, British Columbia, Canada, July 6, 2023 – Global Compliance Applications Corp. (“GCAC” or the “Company”) (CSE: APP, FSE: 2FA, OTCQB: FUAPF), a leading chain-of-custody compliance and data platform, is excited to announce the availability of a Stake & Earn program for CGVET tokens, https://cgvet.io/. CGVET tokens are awarded exclusively to Efixii Uplift brands and retailers as they provide discounted goods and services to veterans in the Company’s Citizen Green Project. Staking earned tokens can generate a yield of 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 Efixii Uplift couponing platform, brands and retailers gain numerous benefits, including the ability to receive free CGVET tokens, directly connect with veterans on a one-to-one basis using the Uplift app, run referral-based marketing programs, create digital loyalty coupons, gain valuable PoS data, collect meaningful insights, and collect product feedback directly from veterans that use the Uplift app.
Our metaverse on the Efixii blockchain grows as more companies and veterans join the Citizen Green Project and use Uplift NFT coupons. Our aim has always been to deliver a disruptive solution that allows brands to connect to consumers without the mega-corporations dominating couponings’ US dollar settlement processes.״Brad Moore, CEO GCAC
Building upon this couponing innovation, CGVET's roadmap outlines its strategic direction with phase 1 focusing on launching the CGVET ERC-20 token, fostering token community outreach, and establishing partnerships with vendors. In Phase 2, CGVET forges discount partnerships, collaborates with token communities, and creates a token-gated Discord group for increased token holder engagement. These developments pave the way for Phase 3: Vet Takeover, where CGVET becomes a powerful force, propelling growth and expanding the community.
Brad Moore, CEO of GCAC, stated, "Our metaverse on the Efixii blockchain grows as more companies and veterans join the Citizen Green Project and use Uplift NFT coupons. Our aim has always been to deliver a disruptive solution that allows brands to connect to consumers without the mega-corporations dominating couponings’ US dollar settlement processes. And, in a world where users are increasingly dissatisfied with traditional monolithic print-media and e-couponing platforms, Efixii’s NFT couponing coupled with our B2B CGVET rewards program offers a decentralized solution that enables any small to mid-size business to participate in the couponing space."
For brands and retailers interested in learning about Efixii couponing or joining the Citizen Green Project, please visit https://efixii.io/uplift-nft-coupons/.
GCAC is a global leader in designing and developing innovative blockchain technologies and machine learning solutions to improve real-world businesses. GCAC's leading solution is Efixii, an Ethereum Layer 2 blockchain and EVM programming functionality that is on par with other Layer-2's, such as Polygon. GCAC can quickly connect each participant from product producers, distributors, manufacturers and retailers through a series of value chain dApps that allows for data connectivity to drive better consumer experiences and sales. GCAC created clearESG to assist businesses in communicating their sustainability goals and earned attributes on the blockchain through a series of ESG (Environmental, Social & Governance) merit badges. As an interconnected supply chain solution, the Efixii solution pays tokens for attesting to a product's value, or truthness, through a reward program. GCAC works in many agricultural industries providing a value-added blockchain offering through a cost-effective SaaS licensing model.
CGVET is a token/coin with no intrinsic value or expectation of financial return. The coin is for entertainment purposes only. CGVET tokens shall only be issued to brand and retailer businesses that have successfully undergone Know Your Customer (KYC) and Anti-Money Luandering (AML) checks as performed by the Company or its designated service providers. The Annaul Percentage Yield (APY) rates are set by the Company at its sole discretion and may change without notice. The APY increases depending on how long the tokens are locked 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 5 month, 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% for 12 months. See CGVET APY rates at https://cross-fi.finance/.
This news release may include forward-looking information within the meaning of Canadian securities legislation concerning the business of GCAC. Forward-looking information is based on certain key expectations and assumptions made by the management of GCAC. Although management of the Company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because GCAC can give no assurance that they will prove to be correct. Forward-looking statements contained in this news release are made as of the date of this news release. GCAC disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.