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NSAV Announces Registration of NSAVxTheVault.com

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Net Savings Link (NSAV) announced the registration of NSAVxTheVault.com, a decentralized add-on platform to its NSAVx.com CEX Exchange, addressing the lack of beneficiary features for cryptocurrency holders. The Vault utilizes a decentralized AI verification application for securely storing user information as NFTs, ensuring access for beneficiaries in case of the holder's incapacitation. Key features include single-signature authentication and QR checkout using NSAVpay. The platform will launch on July 1, 2024.

In addition, NSAV disclosed several important updates: anticipated issuance of the Poland Crypto Custodial License by the end of June 2024, partnerships for custodial licenses in Lithuania and Dubai by June 25, 2024, and the submission of the Puerto Rico Money Transmitter License application by June 28, 2024. FIAT operations on NSAVx.com will begin on June 21, 2024, with credit card onramp starting on June 23, 2024.

Positive
  • Registration of NSAVxTheVault.com addressing a critical need in crypto asset management.
  • Key features include single-signature authentication and QR checkout with NSAVpay.
  • Launch of The Vault platform on July 1, 2024.
  • Anticipated issuance of the Poland Crypto Custodial License by the end of June 2024.
  • Partnerships for crypto custodial licenses in Lithuania and Dubai set for June 25, 2024.
  • Submission of the Puerto Rico Money Transmitter License application by June 28, 2024.
  • FIAT operations on NSAVx.com beginning June 21, 2024.
  • Credit card onramp feature launching on June 23, 2024.
Negative
  • None.

LONDON, UK / ACCESSWIRE / June 18, 2024 / Net Savings Link, Inc. (OTC PINK:NSAV), a leading Web3, blockchain and digital asset technology company, announced today the registration of NSAVxTheVault.com. This new platform serves as a decentralized add-on to our NSAVx.com CEX Exchange https://nsavx.com/ , addressing a critical need in the cryptocurrency space.

Cryptocurrencies typically lack built-in beneficiary features, making it difficult for family members to access assets in the event of the holder's death or incapacitation. The Vault provides a solution with its decentralized AI verification application that securely stores users' personal information as an NFT within their NSAVx.com decentralized wallet.

Users can complete a profile form that includes personal and confidential information, financial holdings, document attachments, pictures, beneficiary information, and special instructions. This data is minted as an NFT collection on the Ethereum network and managed by an AI auto attendant. In the event of the wallet holder's incapacitation, the AI auto attendant engages the special instructions, allowing beneficiaries to access the funds as directed.

Key features of The Vault include:

  • Single Signature Authentication: Seamless login across all websites within the NSAV ecosystem.
  • QR Checkout Functionality: Using NSAVpay for both FIAT and cryptocurrency payments, available at millions of merchants globally.

Kevin Simon, CEO of NSAV stated, "We see The Vault as a valuable resource for our customer base. While the industry currently has Gen X and Boomers representing just under 7% of crypto holders, our platform's demographic shows over 34% in these age groups. Our holders are concerned about ensuring their loved ones have access to their crypto assets, and The Vault ensures this need is met."

Launching July 1, 2024, please visit https://www.NSAVxTheVault.com .

NSAV is pleased to further provide the following important updates:

  1. Poland Crypto Custodial License: The issuance of the Poland Crypto Custodial License is anticipated in the last week of June 2024.
  2. Lithuania and Dubai Crypto Custodial License Partnerships: Partnerships for crypto custodial licenses in Lithuania and Dubai are set to be executed on June 25, 2024.
  3. Puerto Rico Money Transmitter License: An address in Puerto Rico was secured on June 17, 2024. The application for the Puerto Rico Money Transmitter License will be submitted by June 28, 2024.
  4. FIAT Operations on NSAVx.com: FIAT is now operational on NSAVx.com for multiple currencies, with USD pairing commencing on June 21, 2024.
  5. Credit Card Onramp: The credit card onramp feature will begin on June 23, 2024.

These updates mark significant milestones in NSAV's continued expansion and operational capabilities in the digital asset space.

About Net Savings Link, Inc.: NSAV's vision is the establishment of a fully integrated technology company, which provides turnkey technological solutions to the Web3, blockchain and digital asset industries. The Company drives innovation in the digital currency space by developing advanced blockchain technologies, digital assets, and market solutions that bridge the gap between traditional business frameworks and the future of decentralized technology. Over time, the Company plans to provide a wide range of services such as software solutions, e-commerce, financial services, advisory services and information technology.

For further information please contact NSAV at info@nsavholdinginc.com
For further information please contact NSAVx.com at hello@nsavxmail.com
The NSAV corporate website can be accessed at https://www.netsavingslinkinc.com
The NSAV CEX website can be accessed at https://nsavx.com/
TheAlley.io can be accessed at https://www.thealley.io
The AirdropX.co website can be accessed at https://www.airdropx.co/
The Swopx.io website can be accessed at https://www.swopx.io
The NSAV Stock information website can be accessed at https://www.nsavstock.com
The NSAVx Token website can be accessed at https://www.nsavxtoken.com/nsavx-token
The NSAVx Discord Server can be accessed at https://discord.com/invite/7Q2Vv5NmKd
The NSAV Twitter account can be accessed at https://twitter.com/nsav_tech

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Net Savings Link, Inc. to accomplish its stated plan of business. Net Savings Link, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward- looking statements included herein, the inclusion of such information should not be regarded as a representation by Net Savings Link, Inc. or any other person.

Contact:

Net Savings Link, Inc.
info@nsavholdinginc.com

Media Contact:

Organization: Net Savings Link Inc.
Contact Person: James Tilton
Website: https://www.nsavholdinginc.com
Email: info@nsavholdinginc.com
Contact Number: +17185698815
Address: 26 Grosvenor Street, Mayfair
Address 2: W1K4QW
City: London
Country: United Kingdom

SOURCE: Net Savings Link Inc.



View the original press release on accesswire.com

FAQ

What is NSAVxTheVault.com?

NSAVxTheVault.com is a decentralized add-on platform to NSAVx.com CEX Exchange, providing beneficiaries access to crypto assets through decentralized AI verification.

When will NSAVxTheVault.com be launched?

NSAVxTheVault.com will be launched on July 1, 2024.

What are the key features of NSAVxTheVault.com?

Key features include single-signature authentication, QR checkout with NSAVpay, and secure storage of user information as NFTs.

What is the anticipated date for the issuance of the Poland Crypto Custodial License for NSAV?

The issuance of the Poland Crypto Custodial License is anticipated in the last week of June 2024.

When are the partnerships for crypto custodial licenses in Lithuania and Dubai expected to be executed for NSAV?

Partnerships for crypto custodial licenses in Lithuania and Dubai are expected to be executed on June 25, 2024.

When will the application for the Puerto Rico Money Transmitter License be submitted for NSAV?

The application for the Puerto Rico Money Transmitter License will be submitted by June 28, 2024.

When will FIAT operations on NSAVx.com for multiple currencies begin?

FIAT operations on NSAVx.com will begin on June 21, 2024.

When will the credit card onramp feature be available on NSAVx.com?

The credit card onramp feature will be available on NSAVx.com starting June 23, 2024.

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