Mijem, Inc. Announced on April 6, 2021 that billionaire philanthropist and noted technology entrepreneur Calvin Ayre, founder of Eyre Group Ventures and blockchain group CoinGeek agreed to invest in its social marketplace platform Mijem. Ayre Group Ventures is known for sending “ground-breaking businesses and technologies”.
The Canada-based social media and technology firm will use the investment to move forward with its aggressive growth agenda including creating a cashback loyalty program to Bitcoin SV (BSV) as a token of reward and the Bitcoin SV blockchain as its technical foundation The program will be made. Mijem is a social market that connects students from Canada and the United States to buy, sell and trade all types of goods and services. The aim is to help students save money and earn extra cash while studying.
“Mijem continues to demonstrate the value of leading social market models in a growing network of university and college campuses in North America. At Eyre Group Ventures, we share many of the values that have made Mizem a success – speed, efficiency. , Reach – and see a great opportunity to work with your team to advance Mizam’s offering with Bitcoin SV and play a part in your continued success. Story, ”said Ayre.
Currently, Mijem has established solid relationships with 70 communities in US and Canadian universities and colleges, among them prestigious schools such as University of Texas, University of Toronto, University of British Columbia, University of Michigan, and Miami University. . Social media on blockchain Perfect for platforms such as Mijem that generate increasing amounts of data over time.
“Mijem evaluated several digital currencies that would be important to our customers and Bitcoin SV is clearly very suitable for Mijem. Bitcoin SV is one that envisions the original Bitcoin white paper, a fast, inexpensive, peer- Two-peer electronic cash system — and all of these features are key to Mijem’s Gen Z target market. Ayre Group Ventures shares our vision, having already invested in several firms building bitcoin SV services and solutions Which we may be able to leverage moving forward. Eyre Group Ventures is an ideal partner for us, ”said Phuong Dinh, founder of Mijem.
Bitcoin SV has restored the original bitcoin protocol and removed unbound scalability with the release of the Genesis upgrade in February 2020. This has enabled its blockchain to handle big data and microtransport. In fact, the BSV test network has broken records by completing more than 9,000 transactions per second (tps), and currently averages an average of 0.0075 USD per transaction. The reason for this is very expensive, as the network continues on a large scale to create an enterprise blockchain that can be adopted globally by businesses in all types of industries.
These capabilities, and the fact that the Bitcoin SV blockchain provides data security, transparency, immutability and integrity, allows any type of social media application to flourish. The bitcoin SV ecosystem is not new to building social media on the blockchain as Twitch is already a running application that promotes the ownership and monetization of data, as well as the use of responsible social media. Mizm is definitely in good hands.
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