Market Overview

Reveel Technologies Using Blockchain to Launch Decentralized Media Marketplace


Reveel Technologies Using Blockchain to Launch Decentralized Media Marketplace

PR Newswire

SAN FRANCISCO, CA, Aug. 7, 2018 /PRNewswire/ - Reveel Technologies, Inc., a leader in multi-channel media technology, enables audiences to explore, learn and buy from media they see everyday. Jim Schreitmueller, CEO, Reveel, explains:

"When you see a pair of 'must have' sunglasses while watching TV or reading a magazine, you can simply scan the screen or page using Reveel on any mobile browser to instantly get details about the product, order it online, find a nearby store and more. The same secondary experience can be viewed by clicking on media displayed in digital or video form."

Reveel is already enabling its high-profile customers, including publishers, advertisers, venues and other businesses to create new revenue opportunities and increase viewership using the company's platform. They are connecting with their audiences in ways that drive engagement and on-the-spot conversions at the moment of audience inspiration, ultimately accelerating the customer's journey on the path to purchase.

Reveel will be launching a decentralized media marketplace for media owners using blockchain and smart contracts to: (1) create a scalable platform in which any media owner can connect with a trusted and skilled talent network to produce companion digital experiences that reach audiences through billions of mobile and computer devices, (2) enable incentivized engagement for businesses of all sizes using RVL Tokens, and (3) facilitate media rights management for all forms of digital media and content.

IHS Markit reports that blockchain in retail and e-commerce is forecast to be led by decentralized marketplaces among other applications. Citing the report, MediaPost projects that blockchain will create $122B in business value for advertising and media industry by 2030.

To support the creation of the decentralized media marketplace, Reveel is inviting accredited investors via private sale to participate in its token sale via a Simple Agreement for Future Tokens (SAFT) instrument in compliance with the U.S. Security and Exchange Commission's Rule 506(c). The SAFT involves the company's RVL token and may be executed in multiple rounds of token sales.

About Reveel Technologies, Inc.:

Reveel launched with the vision to "Reveel Everything," enabling people to explore, learn, and buy from any form of visual media. Imagine if you could instantly view a digital experience when you are inspired by what you see when you watch your favorite TV show, read a magazine or see a kiosk in-store or on the street. With Reveel, you can. Just scan print or TV media using Reveel's native mobile app or mobile web app or click on digital and video media. Reveel is believed to be the first company to create a platform that enables any media owner, including brands and media outlets, to easily create and deliver audiences a fully measurable, multi-channel, digital experience. Reveel is based in the San Francisco Bay Area and has raised $3.25 million in seed funding led by Silicon Valley-based Cervin Ventures.

Company contact:
Jim Schreitmueller

Press contact:
Justin Lee

Cision View original content:

SOURCE Reveel Technologies, Inc.

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