LONDON and AMSTERDAM, Nov. 02, 2022 (GLOBE NEWSWIRE) — Blockmate Ventures inc (TSX.V: MATE ) (FSE: 8MH1 ) (“Blockmate” or the “Company”) announced that it has launched a new cryptocurrency fast-buying website on premium domains: blockchain.com.au (Australia) and blockchain.eu (Europe).
The website facilitates the purchase of cryptocurrencies through a user-friendly interface where purchases can be funded with credit cards or local payment methods. This payment gateway is designed to simplify the onboarding experience and is anticipated to generate targeted internet traffic based on the simplicity of the domain. Both domains are owned by Blockmate subsidiary Blockchain World Ltd which has a wider portfolio of domains for the blockchain and cryptocurrency sectors.
After arriving at the website, customers are invited to select the cryptocurrency they wish to purchase, and then nominate a digital wallet to receive the currency at checkout. Future website updates will also include an option to create a digital wallet address on the website. New cryptocurrencies will also be added regularly to the website. Revenue for Blockmate will depend on the volume of backups and transactions.
Andrew Smith, CEO of Blockchain World commented, “The launch of blockchain.com.au and blockchain.eu is an example 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 new customers in the crypto space so solving these problems with our premium domains allows Blockmate to monetize their holdings when domains appreciate in value as interest in the blockchain space increases.
“Although the sector is currently experiencing Crypto Winter, we expect higher website traffic and demand for crypto onboarding as the sector cycles, similar to previous downturns.”
In 2021 there will be 239.3 million crypto users worldwide. This number is predicted to reach 347.7 million by 2027 with the industry growing at an annual growth rate of 16.4% . The growth rate of the industry further generates annual income from the cryptocurrencies segment up to $74.30 billion by 2027.
Blockmate Ventures Investor Webinar/Briefing
On Thursday November 3rd at 12pm EST (Eastern Standard Time)Blockmate Ventures will host a special investor briefing to provide investors with a presentation of Blockmate’s business.
The briefing will include updates 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 blockchain incubation vision and project success record
- Blockchain.EU business model
- Hivello business model
- Updated strategy for Blockmate asset Midpoint
- Update on this announcement
After the presentation, Mr. Carosa and Mr. Smith will answer questions from investors and analysts present.
Investors are invited to attend by registering here: https://us02web.zoom.us/webinar/register/WN_aD6UkVOkRgqJ_OVO2fYoHw
After registration, a join link will be sent to your registered email address which will also include 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 the investor briefing held 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 to: https://www.blockmate.com/subscribe
About Blockmate Ventures Inc.
Blockmate Ventures is a Web3 venture incubator/creator focused on businesses that use blockchain and decentralized technology to provide greater utility, accessibility and sustainability in everyday services. Working with prospective F nounders, projects in incubation can benefit from the Blockmate ecosystem that offers technology, services, integrations, digital assets, and advice to accelerate project incubation to 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 a vehicle for a democratic future. Learn more about becoming a Blockmate at: www.blockmate.com.
OVERVIEW OF THE BOARD OF DIRECTORS
Dom Carosa (CEO & President)
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