Alternet Systems, Inc.’s (USOTC: ALYI) partnership with Revolt Token demonstrates the company’s dedication to democratizing the electric vehicle ecosystem, and its latest announcement will make the service more accessible than ever.
On June 23rd, ALYI announced thatRevoltTOKEN had launched a new website for the Ethereum-based cryptocurrency and added new features to streamline the platform. One of the most critical changes is that the original minimum purchase requirement of $1,000 has been reduced to $250, opening the doors to a wider range of potential investors. Alongside this adjustment, all Revolt Token purchases completed before the publication of July’s development update will receive a 25% bonus.
These changes enable a greater pool of investors to take advantage of the emerging ALYI EV ecosystem. Alongside the planned July development update, Revolt Token is also expected to list on numerous coin exchanges in the near future, a move that will significantly increase its exposure.
ALYI’s partnership with Revolt Token is intending to support its goal of creating an all-encompassing EV ecosystem, beginning with an EV motorcycle rideshare rollout targeting Sub Saharan Africa. Here’s how ALYI’s unique portfolio could help it become one of the top players in the EV ride-share industry, especially in the African markets.
Targeting The $4 Billion African Ride Hail Market
Everything starts with its EV motorcycle, ReVolt. Indeed, the classic look, powerful performance, and energy efficiency of ALYI’s revolutionary electric motorbike is creating waves in the EV industry, with the company hoping to provide an unmatched ride-share vehicle solution.
ALYI’s first major order for its ReVolt was placed in Kenya, with the company securing a contract to deliver 2000 of them into Africa’s $4 billion motorcycle taxi and ride hail industry. The first of these deliveries is scheduled for July 2021, and ALYI is confident that the electric motorcycle’s distinctive features will help it swiftly gain traction across the entire continent.
In addition to its ride-share services, ALYI is also developing a self-drive rental option in order to generate an additional revenue stream from its deployed motorcycles. Similar to the self-drive electric scooter rentals that have generated billions in urban areas across the United States, ALYI plans to implement a program that allows users to rent its motorcycles by simply unlocking them via a smartphone app.
The company’s planned self-drive program could be ideal for the Kenyan market, which features densely populated urban areas and low vehicles per capita. The service would allow users to rent bikes by simply unlocking the shared motorcycles with a dedicated app, rather than waiting on a driver to arrive. As the self-drive option would also eliminate the need to make any payments to a separate driver, it would also provide ALYI a larger cut of any revenues generated. Not to mention, the retro-inspired design of ALYI’s ReVolt electric motorcycle is sure to catch the eye of customers worldwide.
ALYI Can Provide the Required EV Ecosystem, Keeping Revenues In-House
The excellent news is that ALYI’s Electric Motorcycle Program is just the beginning of the company’s ambition to establish a fully featured electric vehicle ecosystem. ALYI recognizes that the success of any electric vehicle is dependent on the simultaneous availability of an entire network of components and services necessary to support it. The availability of electricity, charging stations, powerful batteries, and internet access are just some of the essential components required in the long-term support of an electric vehicle, and ALYI plans to provide services that address each of these needs. Providing electric bikes is only the first stage in ALYI’s broader business strategy – by developing a whole ecosystem of services to support them, the company expects to generate long-term and consistent revenues, and better still, keep those revenues to itself.
Further, in order to attract and recruit the greatest talent in the electric vehicle sector, ALYI has announced an annual electric car race and symposium to be held in Nairobi, Kenya. The event seeks to bring industry experts together and demonstrate the latest in EV technologies, as well as to draw attention to ALYI’s developing electric vehicle ecosystem. The symposium will also allow other EV companies and suppliers the ability to showcase their latest works, assisting ALYI to simultaneously create additional accretive business opportunities.
Looking Ahead To A busy 2H 2021
Indeed, ALYI has enjoyed a productive first half of 2021, and the imminent delivery of its first 2000 motorcycles in Kenya could be the first of several catalysts in play.
Moreover, its solid balance sheet, collaborations with other industry specialists, and its focus on providing an entire EV ecosystem has effectively positioned ALYI to take advantage of the growing rideshare industry. And, as the first bikes hit the Kenya markets in July, investors appear to be jumping into the stock ahead of further developments that create even more value for ALYI’s EV ecosystem. Updates there could have a meaningful impact on share prices.
Better still, with ALYI’s short-term initiatives carefully planned to support the company’s long=term ambitions, they could be in the best position ever to maximize shareholder value in the coming weeks. Keep in mind, the company’s stock soared 75% intraday following the video release highlighting Revolt’s development review from MODUS Applied Innovations. That spike showed that investors are watching ALYI closely and are prepared to pounce when updates hit the wires. Now, with near-term catalysts likely to send the stock price surging once again, combined with its strategy to drive near-term growth, an investment into ALYI now could deliver potentially exponential gains in the coming days, weeks, and months.
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