Description
OFF-MARKET ‘Q3
BLOCKCHAIN TECHNOLOGY COMPANY WITH MARQUIS CUSTOMER CONTRACTS & PATENTS
Zip Code:
94105
Asking Price:
TBA / FLEXIBLE = (minority or majority sale available)
Gross Revenue:
$500,000.00
Established:
2017
Employees:
10
Business Description
We are representing a firm that has a platform for the loyalty and rewards industry which incorporates enterprise-DLT (blockchain). A customer for our client’s technology can use their existing architecture to communicate via an existent blockchain API to a node set up for them on the blockchain. Through that node, the customer can enjoy all of the benefits and features of a blockchain-based architecture while retaining existing systems as the “ledger of truth.” No change of any existing customer architecture is required, thus saving customers millions of dollars in capital investment and years of time.
Our client’s blockchain product has been designed to be industry agnostic. Any loyalty, rewards, and incentive program in any geographic region worldwide can operate on this working technology. Our client has led the market with the creation and deployment of a blockchain-based solution for the loyalty and rewards industry in commercial use. Our client’s product was created and deployed from the ground up and is not a “better copy” of something else. Our client has emerged as the world’s leader in both understanding the blockchain for loyalty and rewards solution and the first to take it to market successfully.
Our client currently has four patents approved for its technology in countries outside of the US, with five additional patents pending. Our client’s product is verified at 100K TPS. It is a Hyperledger Fabric Blockchain. No PII is stored on the blockchain. The product has been independently audited for financial services. A large multi-year contract with a household name is already in-force, so this has proven out as a viable business model moving forward. NDA is required {SUBMIT BELOW} to secure Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities:
N/A
Competition:
N/A
Growth & Expansion:
TBD – Will consider either acquisition or equity funding
Support & Training:
As needed
Reason for Selling:
Capital needed to extend runway and preserve the existing technology superteam in place.