ALYI Announces New Revolt Token Feature To Be Revealed Next Week

Rhea-AI Summary

Alternet Systems, Inc. (OTC Pink: ALYI) announced that its cryptocurrency funding partner, Revolt Token (RVLT), will unveil a new feature on August 3, 2021, aimed at cryptocurrency enthusiasts. ALYI is developing a comprehensive electric vehicle (EV) ecosystem, targeting the African market and planning an annual EV symposium and race event in Kenya. The company recently initiated an electric motorcycle pilot program in Kenya, which is tied to a 2,000-unit motorcycle order. ALYI's ecosystem also involves partnerships with Revolt Token for financing through token sales.

Positive

• Launch of new RVLT feature expected to enhance cryptocurrency engagement.
• Initiation of electric motorcycle pilot program in Kenya, ties to a 2,000-unit order.
• Strategic focus on developing EV solutions tailored for the African market.
• Plans for an annual EV symposium and race, potentially increasing visibility and partnerships.

Negative

• None.

Dallas, TX, July 30, 2021 (GLOBE NEWSWIRE) -- Alternet Systems, Inc. (OTC Pink: ALYI) (“ALYI”) today announced its cryptocurrency funding partner Revolt Token (RVLT) will reveal on Tuesday next week, August 3^rd, 2021, a new RVLT feature management expects to be well received by cryptocurrency enthusiast.

ALYI is building a comprehensive EV ecosystem solution designed to advance the entire EV sector with perpetual contribution to EV technology advanced by the ongoing participation of EV industry leaders. 

ALYI is targeting the participation of brand name EV industry leaders in an annual EV symposium and conference anchored by an EV race event in Kenya.  The objective of the EV symposium and conference is to advance EV technology by building EV solutions for the African market – a power constrained, rugged environment with one of the lowest per capita transportation deployments in the world.  EV solutions for the African market will be applicable the world around.  EV solutions designed and built in Africa also contribute to building an autonomous African economy.  ALYI plans to make a major announcement next month regarding the EV race that management expects will garner substantial attention to ALYI’s overall EV Ecosystem strategy.

ALYI has seeded its EV ecosystem solution with the development of its own EV motorcycle business.  ALYI has recently initiated an Electric Motorcycle pilot program in Kenya which is already generating results expected to set ALYI’s EV business apart from the competition.

The pilot is being conducted in conjunction with the 2,000 electric motorcycle order, the fulfillment of which is being finalized with results from the pilot.

ALYI has designed its EV ecosystem solution to include democratized participation. ALYI has partnered with ReovltTOKEN to finance ALYI’s growth by offering participation in the EV ecosystem through the sale of Revolt Tokens.

To learn more about RevoltTOKEN and how to participate in ALYI’s electric vehicle ecosystem through the purchase of Revolt Tokens, visit  https://rvlttoken.com/.

For more information and to stay up to date on ALYI's overall latest developments, please visit www.alternetsystemsinc.com.

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

For more information, please visit: http://www.alternetsystemsinc.com
Alternet Systems, Inc. Contact:
Randell Torno
info@lithiumip.com
+1-800-713-0297

FAQ

What is Alternet Systems, Inc. (ALYI) focusing on in the EV market?

Alternet Systems is developing a comprehensive electric vehicle (EV) ecosystem with a focus on the African market.

When will Revolt Token unveil its new feature?

Revolt Token is scheduled to unveil its new feature on August 3, 2021.

What is the significance of the electric motorcycle pilot program in Kenya?

The pilot program is part of a 2,000-unit motorcycle order and aims to establish ALYI's competitive edge in the EV sector.

What event is ALYI planning to increase its presence in the EV market?

ALYI plans to host an annual EV symposium and race event in Kenya to promote EV technology.

How is ALYI financing its growth in the EV ecosystem?

ALYI has partnered with Revolt Token to finance its growth through the sale of Revolt Tokens.