Blockmate Launches Cryptocurrency Instant Buy Services Across Premium Blockchain Domains and … | News

LONDON and AMSTERDAM, Nov. 02, 2022 (GLOBE NEWSWIRE) — Blockmate Ventures inc (TSX.V: MATE ) (FSE: 8MH1 ) (“Blockmate” or the “Company”) announces that it has launched new cryptocurrency instant-buy websites at the premium domains: blockchain.com.au (Australia) and blockchain.eu (Europe).

The websites facilitate the purchase of cryptocurrencies through a user-friendly interface where purchases can be financed with credit cards or local payment methods. These payment gateways are tailored to simplify onboarding experiences and are expected to generate targeted internet traffic based on the simplicity of their domains. Both domains are owned by Blockmate subsidiary Blockchain World Ltd which owns a wider portfolio of registered domains for the blockchain and cryptocurrency sectors.

On arrival at the websites, customers are invited to select a cryptocurrency they wish to purchase, and then nominate a digital wallet to receive the currency at checkout. Future site updates are also expected to include the ability to create a digital wallet address on the site. New cryptocurrencies will also be regularly added to websites. Income for Blockmate will depend on admissions and transaction volumes.

Andrew Smith, CEO of Blockchain World commented: “The launch of blockchain.com.au and blockchain.eu are examples of how Blockmate can monetize a deep portfolio of digital assets suitable for the blockchain and crypto sectors. Onboarding from fiat to crypto is one of the biggest challenges for customers new to the crypto space, so addressing these issues with our premium domains allows Blockmate to monetize ownership while the domains increase in value as interest in the blockchain space grows.”

“Although the sector is currently undergoing a crypto winter, we expect higher website traffic and demand for crypto onboarding as the sector cycles, similar to previous downturns.”

In 2021, there were 239.3 million crypto users globally. This number is projected to reach 347.7 million by 2027, with the industry growing at an annual growth rate of 16.4% [1]. The industry growth rate further estimates annual revenue from the cryptocurrency segment to reach USD 74.30 billion by 2027.

Blockmate Ventures Investor Webinar/Briefing

Register now: https://us02web.zoom.us/webinar/register/WN_aD6UkVOkRgqJ_OVO2fYoHw

Thursday 3 November at 12:00 PM EST (Eastern Standard Time), Blockmate Ventures will host a special investor briefing to provide investors with a presentation of the Blockmate business.

The briefing will include an update from Blockmate CEO & President Dom Carosa who will also be joined by Blockchain.EU CEO and Co-Founder Andrew Smith.

Presentation topics will include:

  • Blockmate’s blockchain incubation vision and successful results for projects
  • The Blockchain.EU Business Model
  • Hivello business model
  • An updated strategy for Blockmate’s asset Midpoint
  • Update on this announcement

After the presentation, Carosa and Smith will answer questions from investors and analysts in attendance.

Investors are invited to participate by registering here: https://us02web.zoom.us/webinar/register/WN_aD6UkVOkRgqJ_OVO2fYoHw

Upon registration, a registration link will be sent to the registered email address which will also contain instructions on how to attend the briefing using a computer or smart device with a valid internet connection.

Investors can learn more about Blockmate from the recording of an investor briefing in June 2022 here: https://www.blockmate.com/videos

Blockmate welcomes investors to join the company’s mailing list for the latest updates and industry research by subscribing at: https://www.blockmate.com/subscribe

  1. https://www.statista.com/outlook/dmo/fintech/digital-assets/cryptocurrencies/worldwide

About Blockmate Ventures Inc.

Blockmate Ventures is a Web3 incubator/venture creator that focuses on businesses that use blockchain technology and decentralization to provide greater utility, accessibility and sustainability around everyday services. By working with potential F-nunders, projects in incubation can benefit from the Blockmate ecosystem that offers technology, services, integrations, digital assets and consulting to accelerate the incubation of projects towards monetization.

The leadership team at Blockmate Ventures has successfully founded successful technology companies from the Dotcom era to the social media era and sees Web3 technology as the vehicle for a democratized future. Learn more about being a Blockmate at: www.blockmate.com.

ON BEHALF OF THE BOARD

Dom Carosa (CEO and President)

For further information contact:

Dom Carosa, CEO and President

https://twitter.com/dcarosa

Blockmate Ventures Inc

[email protected]

(+1-888-218-6863)

Neither the TSX Venture Exchange nor the Regulatory Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release

Forward-looking information

This press release contains “forward-looking statements” or “forward-looking information” (collectively, “forward-looking statements”) under applicable securities laws. All statements, except for statements of historical fact, are forward-looking statements and are based on assumptions, expectations, estimates and projections as of the date of this press release. Forward-looking statements are subject to a number of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by forward-looking statements herein. No guarantee can be given that such statements will prove to be accurate, as actual results and future events may differ materially from those anticipated in such statements. Raindrop disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. Readers should not place undue reliance on forward-looking statements.

Copyright 2022 GlobeNewswire, Inc.

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