GIFTZ' BLOCKCHAIN REWARDS IS NOW PART OF THE DRAPER VENTURE NETWORK
Goren Holm Ventures Brings Giftz to the Table
For Immediate Release:
LOS ANGELES, CA (June 5, 2019) Rewards Media, Inc., a Delaware C-Corp and holding company of Giftz, LLC & Giftz Exchange, LLC (Giftz) is proud to announce that its lead investor, Goren Holm Ventures (GHV), has joined the Draper Venture Network Beta (DVN). Giftz is one of 9 GHV Portfolio Companies.
In a GHV Press Release, Mr. Tim Draper, founder of DVN, was quoted saying, “We are confident that they (GHV) will be a great source of deal flow...and we look forward to working with their team and their portfolio companies going forward.” “This is great news for Giftz,” replies CEO and founder, John Paukulis, “Our team is very excited to work with Mr. Draper, we have great respect for what he and his network have accomplished.” Giftz’ CFO, Eric Arinsburg, who previously managed a $5 billion fund at CNH Partners (AQR), says “GHV’s entrance into the Draper Venture Network should accelerate our fundraising to finish our MVP.”
Alon Goren & Josef Holm, co-founders of GHV, watched closely as Mr. Paukulis, a veteran movie studio executive and market research entrepreneur, built out the Giftz platform. “John is an early blockchain adopter and a leader in the space…and we are proud to have Giftz as part of the GHV portfolio,” states Goren.
Giftz’ liquid-rewards platform tokenizes points, miles and eGift card stored value, so it can be distributed securely via blockchain and traded on the Giftz Exchange. According to Paukulis, “New rewards redemption options will increase customer loyalty, because people want liquidity. 94% of those surveyed by eMarketer.com want to exchange points/miles between programs in a mobile wallet.” We foresee markets opening up for tokenized stored value that will increase merchant revenue and customer awareness when issuing branded rewards currencies.”
Giftz’ Advisors & Investors
New additions to their Advisory Board are Mitch Brody who has launched or relaunched 3rd Party merchant side Gift Cards for Fandango, Neiman Marcus, Ticketmaster, Dollar Shave Club, Atom Tickets and STARZ with $600M in LTD gift card dollar loads. Attorney Alex Papaefthimiou, founder of Papaefthimiou APC, brings 15 years of legal experience to Giftz. Alex is an intellectual property, business litigation and class action attorney who has successfully litigated against some of the largest law firms in the country and obtained millions of dollars for his clients. Giftz also welcomes, Simon Bogdanowicz, an experienced Fortune 1000 sales leader and Founding Partner of BlockTeam Ventures. Simon’s firm has worked with over 40 blockchain companies, which have collectively raised over $500 million.
Notable investors include, Emilio Diez Barroso of the Televisa Family and Linda Giambrone, current Head of Primetime TV Production at NBC Universal.
REWARDS MEDIA, INC., 31416 AGOURA ROAD #105, WESTLAKE VILLAGE, CA, 91361