ALYI Highlights Robert Downey Jr. Initiative To Democratize Decarbonization
29 January 2021 - 2:20AM
ADVFN Crypto NewsWire
Dallas, TX -- January 28, 2021 --
InvestorsHub NewsWire -- Alternet Systems, Inc. (USOTC:
ALYI) today highlighted Robert Downey Jr.’s new fund to
democratize decarbonization featured in a TechCrunch article
yesterday at the same time ALYI published further insight into its
own cryptocurrency backed, democratized electric vehicle ecosystem
strategy and anticipated ecosystem partner
collaborations.
“Seeing Ironman’s name behind a
democratized investment strategy targeting enterprises focused on
environmental sustainability is certainly an encouraging validation
of Alternets’ democratized electric vehicle ecosystem strategy,”
said Randell Torno, Alternet Systems
CEO.
From the TechCrunch
Article:
“With the new
rolling fund, managed through AngelList, Downey Jr.'s initiative
sits the intersection of two of the biggest ideas reshaping the
world economy -- the democratization of access to capital and
investment vehicles and the $10 trillion opportunity
to decarbonize global industry.”
See the full TechCrunch
Article:
Robert
Downey Jr. is launching a new 'rolling' venture fund to back
sustainability
startups
ALYI’s Revolt Electric Motorcycle is only
a small part of the company’s comprehensive strategy to build a
far-reaching electric vehicle
ecosystem.
The success of any electric vehicle will
depend on the simultaneous availability of an entire network of
solutions necessary to support the electric vehicle.
For example, the electric vehicle support
network ranges from the availability of power, to charging stations
where power can be accessed, to long-range batteries to make
electric vehicles efficient modes of transportation, to
connectivity so software updates for motor synchronization and
battery optimization applications can be continuously updated along
with other electric vehicle user support
applications.
This list represents only a handful of the
network nodes that must be available within the electric vehicle
ecosystem to insure the viability of any electric vehicle as a
dependable mode of transportation. The most important
ecosystem component is a continuous design and integration
function.
The electric vehicle ecosystem is being
discussed by virtually everyone in the electric vehicle industry to
include General
Motors, Tesla
and even Deloitte.
While the rest of the industry discusses
the electric vehicle ecosystem necessary to support their electric
vehicle strategy, ALYI is focused primarily on its electric vehicle
ecosystem strategy out of which electric vehicles will be just one
component. We like to think we’ve got the horse before the
cart.
We have focused our efforts on the
cleanest transportation slate possible. ALYI is building its
electric vehicle ecosystem in a region with one of the lowest per
capita transportation ratios in the world, Sub Saharan Africa.
That is not to say that our electric vehicle ecosystem
innovations will not be applicable all over the
world.
ALYI has seeded its electric vehicle
ecosystem strategy with the Revolt Electric Motorcycle. Now
ALYI has launched an effort to build partnerships to establish
collaborators in ALYI’s electric vehicle ecosystem where each
collaborator brings specific, industry leading
expertise.
To both attract industry leading
collaboration talent and provide an opportunity to prove their
innovations, ALYI is launching an annual electric vehicle race in
partnership with a brand name racing organization. The annual
race event will be hosted simultaneously with an electric mobility
symposium and expo.
ALYI is setting itself apart from the rest
of the electric vehicle industry not only through its horse before
the cart electric vehicle ecosystem strategy, but also through its
commitment to democratize the electric vehicle
ecosystem.
ALYI’s
financing partner and electric vehicle ecosystem collaborator,
RevoltTOKEN, has already provided key funding to advance ALYI’s
business plan to its current stage. RevoltTOKEN plans to
democratize the ALYI electric vehicle ecosystem through the
introduction of a dedicated cryptocurrency that will offer holders
a participation opportunity in the ecosystem. RevoltTOKEN,
the business entity, plans to offer RevoltTOKENs, a cryptocurrency,
through an Initial Coin Offering
(ICO).
Next week, we plan to publish a more
detailed presentation on our comprehensive electric vehicle
ecosystem strategy. Starting now, we anticipate beginning to
announce electric vehicle collaboration
partnerships.
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.
Alternet
Systems, Inc. Contact:
Randell Torno
info@lithiumip.com
+1-800-713-0297
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