Jiva Technologies Announces Joint Venture with Kale Coin to Build a Wellness-Centered Cryptocurrency Ecosystem

With a mission to drive positive environmental change and support a lifestyle that promotes both personal and planetary well-being, Kale Coin has teamed up with JIVA

VANCOUVER, BC, Nov. 11, 2024 /PRNewswire/ -- Jiva Technologies (CSE: JIVA) (Frankfurt: WNT1) (OTCQB: PLTXF) ("JIVA" or the "Company"), a leader in building niche online wellness communities and creating immersive physical environments announces a joint venture with Kale Coin, a cryptocurrency that is being created specifically for the wellness industry. With a mission to drive positive environmental change and support a lifestyle that promotes both personal and planetary well-being, Kale Coin has teamed up with JIVA to build its wellness-centered crypto ecosystem.

As part of the joint venture and in collaboration with tokenomics experts at Smart Chain, JIVA Technologies will lead the design and development of Kale Coin's entire crypto ecosystem. According to the company, Kale Coin is more than a cryptocurrency—it's a movement empowering individuals and businesses dedicated to wellness values, bringing a decentralized financial system to the wellness space. With a focus on environmental impact, community support, and alignment with sustainability-focused charities and animal welfare, Kale Coin aims to support users on their wellness journeys while fostering positive change for the planet. The company is planning for Kale Coin to have practical utilities that allow holders to make transactions at partnered wellness facilities, from plant-based restaurants to fitness centers. Additionally, the joint venture emphasizes a gamification component, enabling users to earn Kale Coins as rewards for healthy lifestyle choices, such as regular visits to wellness centers. It is anticipated that one of the token's core utilities will drive charitable donations to eco-friendly causes, reinforcing its commitment to sustainability.

It is expected that Kale Coin will launch as an ERC-20 token, compatible with any EVM-based blockchain. Initially, it will be available on decentralized exchanges (DEX) like Uniswap, with a portion of liquidity allocated for launch. A centralized exchange (CEX) listing is planned later in the token's roadmap. As development progresses, additional details will be shared in upcoming announcements.

"While our focus on joint ventures is just beginning, we couldn't be more excited to enter the crypto space with a token that aligns so closely with our values," said Lorne Rapkin, CEO of JIVA Technologies. "Kale Coin embodies everything we believe in—a dedication to wellness, community, and environmental impact. This is going to be an incredibly fulfilling project for our team, and we're eager to share more as it all comes to life."

Jiva Technologies is teaming up with entrepreneur and celebrity influencer Nemanja Golubovic, the visionary behind Kale My Name, to launch this new cryptocurrency in early 2025. With Nemanja's strong influence in the plant-based sector and a dedicated following of health-conscious enthusiasts, both parties are optimistic about attracting key partners and a vibrant user base.

**Investor Relations Agreement**

JIVA further announces that it has entered into a marketing agreement effective November 7, 2024 (the "Marketing Agreement") with Departures Capital Inc (Departures Capital"), a marketing company that provides investor relations services, including email marketing, lead generation, digital media, outsourced advertising and other related services to assist JIVA in raising public awareness of the Company and enhance its online presence in compliance with the policies and guidelines of the Canadian Securities Exchange (the "CSE").

The term of the Marketing Agreement will be for six (6) months, commencing on November 7, 2024 and ending on May 7, 2025. As consideration for the provision of its services under the Marketing Agreement, Departures Capital will be entitled to a cash payment of $50,000 USD. JIVA will not grant any stock options or issue any other securities in connection with the Marketing Agreement.

Departures Capital is a company existing under the laws of the province of British Columbia (email: [email protected], phone number: 519-590-6985; Address: #1500-409 Granville St Vancouver, BC Canada V6C 1T2). Departures Capital is an arm's length service provider to the Company.

**About JIVA Technologies**

JIVA Technologies is dedicated to building niche online wellness communities and creating immersive physical environments. With a proven track record in e-commerce marketplaces, bolstered by expert UI/UX design and SEO, JIVA now focuses on joint ventures to support wellness brands in developing their online presence. The company owns and operates Bloombox Club, an online plant delivery marketplace serving the United States, Germany, the United Kingdom, Austria, the Republic of Ireland, France, Spain, and Italy, as well as The Locavore Bar and Grill, a vibrant dining and gathering destination in Squamish, BC. Recently, JIVA became a shareholder in VEG House, a leader in the plant-based space, through a share exchange agreement. Committed to e-commerce, marketing, and