Relevium Signs JV for E-Commerce AI With Blockchain Technology Integration, Proposes Initial Coin Offering

Relevium Technologies (TSXV:RLV) has announced the signing of a joint venture agreement with Quantomic LLC, a virtual retail and visual commerce platform.
As quoted in the press release:

Highlights

• Tagspire uses AI and Machine Learning to auto-tag products to retailers in photos and videos
• Product database of over 35 million and growing
• Tagspire is fully operational on iOS and Android
• JV consummated on a proposed Initial Coin Offering (ICO) or equity financing of USD 20MM+
• Relevium will integrate the platform to the blockchain as a network utility token

Note to reader: There are multiple hyperlinks in this news release. If the reader cannot see the hyperlinks, please consult https://releviumtechnologies.com/press-releases/ where a version of the release with hyperlinks is available.
Aurelio Useche, CEO of Relevium Technologies stated: “Initially announced on September 7, 2017, Relevium has been looking at how to integrate AI and machine learning in the e-commerce space.” Mr. Useche continued: “The team quickly found out that the biggest hurdle was to have enough data in order to gain insight on consumer behaviour. Tagspire solves this issue as all user data is generated in the Tagspireecosystem and then pushed out to platforms such as Instagram, YouTube, Facebook, Twitter, Pinterest, etc. The team at Relevium believes that the Tagspire platform is a perfect candidate for blockchain integration as a network token and an ICO.”
Karim Hijazi, President and Founder of Quantomic LLC stated: “I created Tagspire when witnessing the rise of visual platforms like Pinterest, Instagram and Snapchat; where immense amounts of time and creativity were being spent producing content. However, effective monetization of that content was still nascent.”
Mr. Hijazi went on to state: “With Tagspire, the goal was to create a truly immersive, fun and social marketplace platform that would appeal not only to entrepreneurial consumers, but also to influencers and brands alike. I believe that user-generated content leveraged appropriately and effectively will be the next big disruptor in retail; not to mention the unparalleled intelligence that could be gleaned from it.”

Click here to read the full press release.