Netcapital Inc (NCPL)

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DEC 23, 2020
MYXR Inc. Launches Equity Offering on Netcapital
PRESS RELEASE

https://netcapital.com/news#myxr-inc--launches-equity-offering-on-netcapital
Company Looks to Disrupt the Way Organizations Engage Users Through Engagement Software and Augmented Reality Syndication
SAN FRANCISCO (December 23, 2020) – MYXR Inc., an engagement software and augmented reality syndication company that provides a suite of products and solutions across multiple vertical industries, announced a private market equity offering on the Netcapital funding portal.

The company is offering $250,000 to investors as it is about to release its two main software platforms, Engage 2.0 and Experience Platform 3.0, scheduled for roll out in 2021. NetCapital was chosen for this raise because of its commitment to compliance, ease of use by investors, and availability of liquidity to their investors.

MYXR, based in San Francisco, works internationally with companies, entertainment groups, governments, non-profits, schools, professional sports groups and leading brands to enhance the experience and engagement of their clients or constituents through its software and augmented reality (AR) products.

“We're passionate to inspire, empower, and entertain with our platforms - for our users and partners around the world,” said Hans Koch, Chairman, and CEO of MYXR.”With the new digital landscape today, we are seeing demand globally for our platforms, and after years of work, we are excited to bring them to market in 2021.”

MYXR’s platform is proving to be particularly useful during the COVID-19 pandemic. Using gamification technology, Engage 2.0c is designed to reward users for actions taken to benefit others. So, for example, the platform can be used to reward checking on the health conditions of others, donate food or blood to those in need. Users will earn points redeemable with partner brands and local partners.

The company, formed in 2017 and post revenue, was recently rebuilt with a global mindset. MYXR designs its products with the user in mind, seeking their input as the product is refined throughout its development. “Our business thesis is to understand the user first, and then build products for them to deliver ROI to all the stakeholders of the company,” Koch said.

Information on the offering can be found at https://netcapital.com/companies/myxr

https://netcapital.com/news#myxr-inc--launches-equity-offering-on-netcapital