Blockv Solutions gets acquired

Establishedd in 2020 in Zug, BLOCKv Solutions is a professional service and development company built on BLOCKv, the world's leading protocol for building smart, programmable NFTs, powered by the VEE token. VEE is a blockchain-based utility token that powers the BLOCKv protocol for creating Smart NFTs (Non-Fungible Tokens) that can be distributed and collected through social media, QR codes and email, augmented and virtual reality, geo-location drops, can be dynamically minted to several leading blockchains and are accessible from any internet-enabled smart device, recreating the sensation of physical object ownership in the digital world. Currently, more than ten Fortune 500 companies use Blockv’s protocol for Smart NFT creation to deliver highly immersive, blockchain-agnostic web3 experiences at scale.

The company has now been acquired by SmartMedia Technologies, an Enterprise Web3 platform. The SmartMedia Stack, including its self-serve, no-code, drag-and-drop NFT and Web3 design studio, makes Web3 easy for users and Enterprise. The company’s Technologies' end-to-end Web2-to-Web3 platform drives engagement, acquisition and loyalty across a digital and mobile-first audience - delivering better business outcomes.

To solidify the Company's status as the world's most trusted platform for Enterprise Web3 and Metaverse solutions, SmartMedia Technologies acquired three companies including Switzerland’s BLOCKv Solutions. BLOCKv adds world-class talent through their European based team. As part of the acquisition, Lukas Fluri, Co-Founder and CEO of BLOCKv Solutions, will join SMT as Chief Product Officer, and Gunther Thiel will join as SMT's Web3 Chief Technology Officer.

“BLOCKv has been a partner of SMT since 2019,'' said Fluri. "After three years of collaboration accelerating consumer adoption of Web3, it's become clear that we are stronger together. Tyler and his team are pioneers in the evolution of Web3 and I'm looking forward to being part of a team that's done so much for this emerging sector and drive further innovation and growth of Web3 together.”

(Press release)