Blockmate Ventures Inc (TSX-V:MATE, OTCQB:MATEF) CEO Justin Rosenberg talked with Proactive about the company's strategic developments as 2024 comes to a close.
Rosenberg highlighted the impact of a $1.4 million strategic investment led by blockchain entrepreneur Tony Guoga.
Looking ahead, he announced the anticipated launch of a high-yield token enabling users to earn $50 monthly using GPUs, with further plans to include CPUs.
Proactive: A good way to close out the year is you've closed on a $1.4 million strategic investment. This is strategic in a number of different ways, but one of which is the person that is a strategic investor, and that is Tony Guoga. Maybe you talk to me a bit about Tony and just why his involvement is so important.
Justin Rosenberg: Well, he's very well known in our sector. Unparalleled track record. Well known in Canada. HODL is the ticker going from $0.03 to $3, so 100x within four years. It's quite extraordinary. He's active. He's passionate about the space. Before being an entrepreneur in blockchain, he was in politics, campaigning in Europe for blockchain policies. And it's an absolute pleasure to have him and his team involved with Blockmate.
He obviously likes the direction that the company is going. And this strategic investment obviously will allow you to do a lot more of that. So just talk about being able to load up the treasury as you end up the year and get ready for 2025.
Absolutely. This is very significant for us. We've obviously been focused on Hivello, had our head down. And Tony was introduced to us before we were looking to raise capital. It now gives us the war chest to expand our portfolio—a diversified portfolio. We have very broad reach independently. And then with him, the reach is extraordinary in terms of deal flow. We're really excited to start to systemize the assessment of all those opportunities. We don't need to do more than one Hivello a year. So I will be patient and very selective.
You mentioned Hivello, and it has been a transformational year for Hivello. And obviously, that will continue in 2025. You mentioned you don’t need one of those a year to be really successful. So how do you take what you’ve learned from Hivello into 2025 for what you’d like to do with the rest of the company?
Well, what’s evolved is Hivello. We started from scratch, with very little capital, and were able to get to where we are now as the company matures. Again, following the trajectory of HODL, we’re able to diversify that portfolio in stage and kind. So it could involve not just building applications but also partnering with blockchain protocols and generating yields. Just, again, like the Solana strategy.
Do you feel that 2025 will be a very interesting year considering a new president coming into the United States? He’s a fan of blockchain, crypto, Bitcoin, and all that. It seems like there’s a lot of opportunity. What could lie ahead for the United States specifically?
Absolutely. That regime change has brought a new lease of life into the sector. And it’s an opportunity for players like us to use this time to build profound, I call them, railway tracks that will stand the industry in good stead for the future. As you know, we’re very involved in the deep sector. And so, expanding and building digital infrastructure as that starts to become widespread and understood, we’re not going to be as dependent on regime changes to justify our existence. But now, there’s a mini boom and a really exciting time for the sector to establish itself.
And lastly, your investors that are looking at Blockmate Ventures and just the support you’ve had over this year, what do you want to say to them as you head into 2025?
Well, we’re particularly very focused on upcoming milestones. From my perspective, the revolutionary launch of a high-yielding token in Q1 of next year, whereby within five minutes of setup, you could earn $50 a month on your GPU. So that’s incredibly exciting. And once that’s launched, we want to spread the word that that’s happened. And then, shortly after that, we’re aiming for $20 a month on an old CPU. So laptops or desktops. That’s what’s driven us for the last couple of years with high-value generating that level of passive income from a five-minute setup, providing access to passive income for anyone who doesn’t even know anything about crypto.
Quotes have been lightly edited for clarity and style