Nucleus Vision acquires Jiffy Charge to build the world’s largest private communication network
We are excited to announce the acquisition of Jiffy Charge, a micro real estate marketplace company. This gives impetus to Nuclear Vision’s mandate of building the world’s largest private communication network, powered by DeFi Financing.
NV 2.0, as we call it, is the logical next step from NV 1.0. Building on our initial sensor-driven solution in the offline retail marketplace to capture vital customer data, this acquisition goes one step further — enabling the world’s largest decentralized private network for customers and product inventory.
This micro real estate platform’s solution can be deployed in any conceivable under-utilized micro real estate space — from malls, airports, supermarkets, hospitals, gas stations, and even homes. The asset inventories range from vending machines, a micro warehouse box, micro rental units, cloud kitchens to digital screens, and others.
What is interesting is the integration of NCash for participants in the network. NCash will be the transaction token of value for participants to earn from the network (Wi-Fi/5G/IoT) service. With multiple revenue sources and business models in the micro real estate marketplace, we believe this will drive value and increase demand and utility for NCash.
In the true spirit of the decentralized network, we are empowering the community to finance and own part of the network through mining and microfinancing opportunities. Community members can also operate as “pool managers” and earn service rewards for their participation.
The 3.5 trillion 5G services market size is yet to be unlocked and we have our eyes on the prize. Building the private networks of the future where everybody can own, operate and earn from it opens up unlimited possibilities and we are more than ready to explore each one of them.
In terms of organizational change, Abhishek Pitti moves to a Chairman role with a focus on product and customer acquisitions, while Anoop Vootkuri, current CEO of Jiffy Charge will take over as CEO of NV 2.0 and drive community traction.
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