Nextech3D.AI rolls out Nextech Credit system

Executive Summary

• Nextech3D.AI Corp. launched "Nextech Credit," a proprietary, dollar-denominated enterprise currency designed to centralize procurement across its ecosystem (including Krafty Labs, Eventdex, and Map D) and incentivize long-term customer commitment through a tiered reward structure.
• Concurrently, the company issued 6,163,187 share purchase warrants to service providers as part of employment and consulting agreements, granting the right to acquire common shares at an exercise price of 14 cents.

Key Details

• Product Launch: Nextech Credit is a universal enterprise credit system, 1:1 pegged to the U.S. dollar ($1 credit = $1 USD).
• Ecosystem Integration: Credits are interoperable across Nextech3D.AI business units, including Eventdex (registration/ticketing), Map D (spatial navigation), and Krafty Labs (virtual/in-person engagement).
• Incentive Structure: A tiered "credit incentive ladder" provides bonus credits and premium services to enterprise partners who consolidate engagement spend within the Nextech ecosystem.
• Operational Benefits:
  • Interoperable Spending: Credits can be used across different platforms (e.g., trade shows on Map D, wellness programs on Krafty Labs).
  • Internal Portability: Credits can be transferred between HR, marketing, and operations departments.
  • Centralized Efficiency: Single procurement approval for multiple use cases with a 12-month usage window.
• Strategic Rationale: Management states the system aims to increase share of wallet, improve platform stickiness, enhance revenue visibility, and reduce procurement friction for enterprise customers.
• Warrant Issuance:
  • Quantity: 6,163,187 share purchase warrants issued.
  • Recipients: Service providers under employment and consulting agreements.
  • Exercise Price: 14 cents per common share.
  • Term: One-year period.
  • Exercise Mechanism: Exercised in equal monthly tranches; recipients may receive shares or participate in a managed sale program for cash proceeds.

Notable Quotes

• "Nextech Credit is the engine that will drive our 2026 expansion... By creating a Nextech-branded credit system that powers Krafty Labs and our other platforms, we are making it easier for global brands to buy from us. One PO [purchase order] now unlocks our entire AI-powered [artificial intelligence] suite." — Evan Gappelberg, CEO
• "Nextech Credit is designed to help enterprise customers engage with our AI event platform more easily and at greater scale. By allowing organizations to prefund engagement and allocate credits across teams, we simplify procurement while increasing platform adoption." — Evan Gappelberg, CEO