10:32:22 EDT Wed 15 May 2024
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Global Compliance Applications Corp
Symbol APP
Shares Issued 246,277,499
Close 2023-07-05 C$ 0.015
Market Cap C$ 3,694,162
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Global Compliance launches CGVET stake and earn program

2023-07-06 12:55 ET - News Release

Mr. Brad Moore reports

GCAC ANNOUNCES CGVET TOKEN STAKE & EARN PROGRAM WITH 200% APY

Global Compliance Applications Corp. has made available a stake and earn program for CGVET tokens. 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 up to 200 per cent per annum for brands and retailers, paid in CGVET tokens.

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 point-of-sale data, collect meaningful insights and collect product feedback directly from veterans that use the Uplift app.

Building upon this couponing innovation, CGVET's road map 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, chief executive officer of Global Compliance, 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 megacorporations dominating couponings' U.S.-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."

About Global Compliance Applications Corp.

Global Compliance is a global leader in designing and developing innovative blockchain technologies and machine learning solutions to improve real-world businesses. Global Compliance's leading solution is Efixii, an ethereum Layer 2 blockchain and EVM programming functionality that is on par with other Layer 2s, such as Polygon. Global Compliance can quickly connect each participant from product producers, distributors, manufacturers and retailers through a series of value chain decentralized apps that allows for data connectivity to drive better consumer experiences and sales. Global Compliance created clearESG to assist businesses in communicating their sustainability goals and earned attributes on the blockchain through a series of ESG (environmental, social and 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. Global Compliance works in many agricultural industries providing a value-added blockchain offering through a cost-effective software-as-a-service licensing model.

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