Former Mercantile Global Holdings Exec Joins Gallant as Chief Strategy Officer.

Gallent Exchange appoints New CSO

Kingstown, Saint Vincent and the Grenadines - August 8, 2020 /PressCable/ —

In a world of competitive sports and competitive startups, one thing is paramount: the Team.

Today, Gallant Exchange announces the appointment of Bob Cavnar as Chief Strategy Officer. Mr. Cavnar is the former President of Mercantile Global Holdings, Inc. (MGH), the parent company of the San Juan Mercantile Exchange. He is a longstanding senior executive in the energy and technology industries, holding positions of chairman, director, chief executive officer, chief operating officer, chief financial officer and president in public and private companies. Mr. Cavnar brings over 30 years of C-suite experience in strategy, startups, financial structures, capital markets, governance, and corporate transactions to Gallant Exchange.

“I am very pleased to join a dynamic, innovative company that combines the technology of digital assets with the excitement of global sports. We are bringing corporate best practices to the company as we build a singularly unique platform in the digital asset ecosystem.” – Bob Cavnar, Chief Strategy Officer, Gallant Exchange

Mr. Cavnar joins Gallant for the Company’s market entry and inaugural trading competition launching this August. Gallant’s trading competitions feature utility Athlete Memorabilia Coins (AMCs) for users to trade, compete, and win high-valued collectibles of their favorite athlete, which will increase in frequency and value as the Company grows.

The Gallant Exchange is designed for fans and athletes, first, built to support the trading of Athlete Memorabilia Coins (AMCs) as well as the largest digital assets. Athlete Memorabilia Coins are minted on the ERC20 protocol, tradeable on the Gallant platform, and increase or decrease in value subject to market forces. Users can enter into trading competitions, contests, or raffles for real-world collectibles and memorabilia of the respective athlete as a coin holder; in time, Gallant aims to provide more lucrative ‘experience’ prizes, providing fans direct interaction with their favorite athlete. When the value of the prize increases, so do the parameters of qualifications to win.

“I am very excited to welcome Bob onboard to the Gallant Exchange as the Chief Strategic Officer. Bob brings with him 30 years of executive experience and a deep passion for business start ups, turn arounds, and most recently as the President of Mercantile Global Holdings.” – Rick Beaman, President, Gallant Exchange

Gallant intends to provide endorsed or “Athlete Backed” Coins by working with athletes directly to provide fans ownership in an athlete’s contract value, business ventures, or endorsements. Gallant’s Initial Player Offering (IPO), seeks to provide direct investment opportunities by tokenizing an athlete’s contract or future endeavors.

In partnership with the Financial Commission’s Blockchain Association (an international, non-governmental self-regulatory organization), Gallant provides end-to-end client services and support across Athlete Coin and digital asset transactions. Gallant currently accepts digital asset payments including Bitcoin, Ether, Litecoin, and USDC; users may withdraw to USDC or their preferred digital asset as wanted.

About Gallant Exchange:

Gallant Exchange is operated by Gallant SVG LLC., an Innovations group that has over 100 years of combined experience in myriad financial and digital asset markets. Coupled with an extensive advisory board from the sports world, we’re bringing top-tier sports investment and trading opportunities to fans worldwide. For more information, visit our Team page.

Certain information contained herein constitutes “forward-looking statements,” which can be identified by future dates or the use of terms such as “may,” “will,” “should,” “could,” “would,” “potential,” “continue,” “expects,” “anticipates,” “projects,” “future,” “targets,” “intends,” “plans,” “believes,” (or the negatives thereof) or other variations thereon or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, some of which are beyond the control of Gallant. Actual results, dates, performance, prospects, or opportunities could differ materially from those expressed in or implied by the forward-looking statements. The forward-looking events discussed in this Presentation may not occur. Gallant undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Athlete coins are created by Gallant for each professional sports athlete listed on Gallant Exchange. Athlete Coins do not represent intellectual property, likeness, or publicity rights of professional sports athletes. Athlete Coins do not represent a profit interest in an athlete’s income. Purchasing an Athlete Coin does not grant any license to, any intellectual property rights of or any publicity rights of a specific athlete. Any images of athletes used on the site are intended for illustrative and educational purposes to identify the athlete whose memorabilia is associated with that Athlete Coin. Athlete Coins generally represent a user’s fan interest in a specific athlete and are used to confirm eligibility to participate in contests and promotions to win prizes related to the specific athlete associated with that coin. Neither the Athletes nor their players’ associations and leagues have endorsed Athlete Coins, and Athlete Coins do not imply any affiliation with an athlete. Moreover, Athlete Coins do not correlate with an athlete’s performance and do not yield a return based on an athlete’s athletic performance. Athlete Coins do not represent a profit interest in an athlete’s income. Purchasing an Athlete Coin does not grant any license to, any intellectual property rights of or any publicity rights of a specific athlete.

Eligibility. To be eligible to use the Site, Marketplace, and Services, you must be at least 18 years old, and must not reside in or be a citizen of the United States and the People’s Republic of China. We also do not accept customers resident in Balkans, Belarus, Burma, Canada, Cote D’Ivoire (Ivory Coast), Cuba, Democratic Republic of Congo, Iran, Iraq, Liberia, North Korea, Sudan, Syria, Venezuela, and Zimbabwe. Gallant reserve’s the right to limit users from other countries as well.

Contact Info:
Name: Simon Grunfeld
Email: Send Email
Organization: Gallant SVG LLC
Address: Griffith Corporate Centre Beachmont & KIngstown, Kingstown VC0100, Saint Vincent and the Grenadines
Website: https://gallant.exchange/

Source: PressCable

Release ID: 88971856