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CAV Solution sold World's first NFT Token Share token

CAV Solution sold World's first NFT Token Share token

TALLINN, Estonia, Sept. 15, 2021 -- CAV Solution Ltd and Curitas Ventures AB signed a first ever contract Note. The token number is no. 00001, based on the nondisclose

The investment and shares of the company being sold are kept confidential, but both parties are very excited about the approach and trust they have in their partnership. The NFT token was auctioned out on OpenSea and got a lot of attention and attention.

The buyer was the Swedish VC, Curitas Ventures, led by Gerda Larsson. We like to see innovative companies thinking outside the box when it comes to fundraising and product development. CAV Solutions shows innovation in their thinking, their way of thinking and the way they create awareness about the product and their financing round. We look forward to seeing what is going on," says Gerda Larsson.

CAV Solution is a specialist in age verification for customers. Startup has developed an age verification module for vending machines. The module makes operators more competitive with traditional retailers which allow an on-site clerk to check consumers' age.

The solution doesn't allow children to sell age-restricted products. The fact that children have the chance to buy health harming products is a huge problem worldwide, says CCO Juri Tarassenkov, Cvl.

The module can be used as an ID verification device to verify KYC compliance on the spot.

A verification is simple and consists of two steps. The customer looks at the camera and puts the document in the documents tray. After which returns a result which informs the verification was successful or not.

CAV Solution is one of the first start-ups that participated in Narva's growth programme in Tehnopol Startup Incubator. The practical programme prepares technology startups to become investment ready and connect them with potential investors.

"The incubator played a key role in mentoring shareholders and supporting with advice and experience. The programme director, Olga Kurdovskaja, was very supportive, said BDO Dmitri Pimenov.


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