#Canada #Toronto #Reklaim #MYID #Consumer Ownership

Reklaim Introduces a Revolutionary Consumer Ownership Program

Reklaim Ltd., a trailblazer in the realm of consumer data privacy and monetization, has taken a bold step by launching the "Reklaim Invest" program. This initiative empowers Canadian users of the Reklaim platform to convert their accumulated loyalty points into shares of Reklaim (MYID), thus offering a unique opportunity to participate in public company ownership without any financial burden or dilution of shares.

Groundbreaking Features

The Reklaim Invest program introduces several innovative features that set it apart:

• - No Dilution: All shares issued to consumers are balanced by a separate purchase through Reklaim's TSX-approved share buyback, ensuring that the value of existing shares remains intact.
• - Zero Cost Participation: Consumers can join the program at no cost, provided they are registered members of Reklaim.
• - Self-Custody: Shares will be issued using the Direct Registration System (DRS), allowing for secure and direct ownership.
• - Regulatory Compliance: The shares will be subjected to a mandatory hold period of four months, adhering to regulatory guidelines.

A New Era of Investment

Similar to a Dividend Reinvestment Plan (DRIP), Reklaim Invest allows users to earn shares passively by redeeming points accrued from sharing their data with renowned Fortune 500 companies. This program marks a significant shift in how the relationship between consumers and companies is perceived. Instead of merely selling personal data, users are provided with a platform for investment and ownership, enabling a community of long-term shareholders.

After a successful beta phase, where multiple redemption cycles were completed and regulatory requirements were integrated into the Reklaim app, the official redemption window is now open and will remain available until July 1, 2025.

Creating a New Public Market DAO

According to Neil Sweeney, CEO of Reklaim, “With Reklaim Invest, we aimed to unify our users and investors. This program offers real equity and ownership to the consumers.” Sweeney emphasized that unlike attempts in the crypto market, Reklaim focuses on compliance and accessibility within the public stock framework.

Strategic Value and Engagement

This ownership program strategically expands Reklaim’s shareholder base while simultaneously increasing user engagement. It establishes a cadre of like-minded investors who are likely to remain loyal to the Reklaim brand as a privacy-centric alternative to conventional data platforms. By aligning interests, this initiative promotes loyalty and advocacy among users.

Complementary Services: Reklaim Protect

Reklaim Invest builds upon the recent launch of Reklaim Protect, a subscription-based service that gives users the ability to minimize their data footprint. Reklaim Protect scans data broker networks, enables opt-outs, and monitors the dark web for data breaches, significantly enhancing users’ security and visibility.

Together, these two offerings reflect a broader evolution of the Reklaim platform. They provide users with tools for protecting, monetizing, or investing in their data according to their preferences.

To discover more about Reklaim Invest, visit Reklaim Invest. For further information on Reklaim Protect, check out Reklaim Protect.

About Reklaim

Reklaim (TSXV: MYID, OTC: MYIDF) is at the forefront of consumer data privacy and compliant data monetization. Through its mobile app, it enables users to manage their personal data effectively, choosing how it is used and who has access to it, while reaping rewards like shares in Reklaim.

For more information, please visit Reklaim.