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AppYea, Inc. Establishes Initial Commercial Framework for The Gambia Deployment; Marks Formal Transition to Revenue-Oriented Operations
Prnewswire· 2026-01-14 14:22
Core Insights - AppYea, Inc. has executed a Letter of Intent (LOI) with Evyatech Ltd. to deploy and license the Techlott blockchain infrastructure in The Republic of The Gambia, indicating early commercial demand for its technology [2][3] - The LOI was signed on December 19, 2025, prior to the closing of AppYea's Techlott asset acquisition, showcasing the market's interest in the technology [3] - The engagement marks AppYea's transition into active commercial execution following recent executive appointments [3] Commercial Deployment and Revenue Model - AppYea will provide its proprietary decentralized randomness and verification core (VRF RNG) to support Evyatech's regulated digital gaming ecosystem, ensuring compliance with government transparency and auditability requirements [4] - The proposed commercial structure includes a tiered revenue-sharing model based on gross platform sales, minimum monthly payments upon launch, and a five-year license term, which aims to create predictable and recurring revenue streams [5] - The deployment in The Gambia is intended to serve as a reference implementation for additional regulated jurisdictions [5] Management Commentary - The CEO of AppYea emphasized that the LOI's initiation before the Techlott closing highlights market demand for their infrastructure, focusing on execution to convert technology into regulated revenue [6] - The President of AppYea noted that the engagement validates the demand for transparency-driven blockchain infrastructure, designed for regulated environments [6] - The CTO of AppYea stated that the priority is disciplined and secure deployment, with the Techlott architecture built for reliability and auditability at scale [7] Company Overview - AppYea, Inc. is a public technology company focused on advancing blockchain trust infrastructure for regulated, outcome-driven markets, emphasizing transparency, integrity, and auditability through real-time verification systems [8]