Press Release — RocketFuel Blockchain, Inc. (OTCQB: RKFL) (“RocketFuel” or the “Company”), a global provider of payment solutions via ACH bank transfers, Bitcoin and other cryptocurrencies, today announced that it has teamed up with Genius X, an accelerator and launchpad platform built for boosting innovative start-ups and projects on Cardano, to help with the design and launch of a token offering linked to RocketFuel’s upcoming loyalty program, and to assist in investor outreach.
The tokens will allow RocketFuel customers to redeem, unlock and purchase additional services and products like airline upgrades, hotel bookings, concert shows, sports events, etc. Customers can also earn tokens when they make purchases on RocketFuel’s payment ecosystem.
Genius X encourages innovation and empowers Web3 startups to build impactful and scalable companies. They accelerate and scale Web3 projects on Cardano Blockchain through advisory, mentorship, and growth experiences.
The dates of the Seed Rounds, Private Rounds and Token Offering will be released soon, along with the White Paper and Tokenomics design.
“We look forward to working with the Genius X team and leveraging their expertise in rolling out our new token for our loyalty program, which will benefit merchants and shoppers and will unlock various rewards within our platform. This will lead to more transactions and greater adoption of crypto, which will ultimately benefit the entire crypto payment ecosystem and the people who support it,” said Peter Jensen, CEO of RocketFuel. “In addition, the funds acquired during the token distribution will be used to further fuel the rapid expansion of RocketFuel’s market share, product development, and marketing efforts.”
“Genius X is proud to onboard RocketFuel into the accelerator program. RocketFuel is already an established global crypto payment provider offering highly efficient one-click check-out solutions,” stated Dr. Sothy Kol-Men, Managing Partner of Genius X. “Their work aligns with Genius’ vision of unlocking DeFi for everyone.”
About RocketFuel Blockchain, Inc.
RocketFuel is a global payments solution company that provides online shoppers with a simple, easy-to-use, one-click checkout process that accepts payments with bank transfers, Bitcoin and 50+ cryptocurrencies. RocketFuel delivers a highly secure and efficient shopping cart experience with significantly low fees for merchants, along with the benefits of no chargebacks and no card declines. RocketFuel’s solutions focus on enhanced customer privacy protection eliminating the risk of a data breach while improving speed, security, and ease of use. Shoppers on RocketFuel powered online stores enjoy seamless check-out and forget the clunky cart paradigm of the past. RocketFuel merchants can implement new impulse buying schemes and generate new sales channels that are unavailable in other present-day e-commerce solutions. More information about RocketFuel is available at: www.RocketFuelBlockchain.com
About Genius X
Genius X is an accelerator program launched by the world class team behind Genius Yield. Genius X’s goal is to foster innovations on Cardano by providing early-stage blockchain startups with all the tools they need to become successful – not only by connecting them to investors but by offering technical mentorship and business guidance as well. More information about GENIUS X is available at: https://www.genius-x.co
