AppYea, Inc. (OTCQB: APYP) entered into a Letter of Intent on December 19, 2025, with Evyatech Ltd., a Cyprus‑registered technology firm, to deploy and license its Techlott blockchain infrastructure in the Republic of The Gambia. The agreement establishes a tiered revenue‑sharing model based on gross platform sales, a minimum monthly payment upon launch, and a five‑year license term, creating a predictable recurring revenue stream for AppYea.
The Gambia deployment is the first commercial use of Techlott, the blockchain platform that AppYea acquired from Techlott Ltd. on December 31, 2025. Prior to this deal, AppYea’s revenue was largely confined to a digital‑health segment that generated less than $1 million in annual sales and was subject to a “going concern” qualification in its most recent financial statements. The new agreement therefore represents a critical shift from a low‑margin, low‑volume business to a high‑potential, subscription‑based model that can scale across regulated gaming and lottery markets worldwide.
The strategic rationale behind the pivot is twofold. First, the acquisition of Techlott gave AppYea a platform engineered for transparency, auditability, and compliance—key requirements for regulated gaming operators. Second, the Gambia LOI provides a reference implementation that can be leveraged to secure additional contracts in other jurisdictions, accelerating the company’s international expansion and supporting its goal of uplisting to a U.S. exchange. Management emphasized that the deal validates market demand for blockchain‑based compliance solutions and signals the company’s readiness to transition from technology development to revenue‑oriented operations.
CEO Yakir Abadi said, “The technology phase is complete. Our focus is now execution—engaging institutions, meeting regulatory requirements, and deploying our blockchain infrastructure.” President and former Techlott founder Mark Katzenelson added, “This engagement validates the real‑world demand for transparency‑driven blockchain infrastructure. Our architecture was designed for regulated environments, and this deployment demonstrates its readiness for broader international adoption.” CTO Ben Harris noted, “Our priority is disciplined, secure deployment. The Techlott architecture was built for reliability and auditability at scale, and our engineering team is positioned to support rapid commercial rollout.”
Analysts and investors have reacted positively to the announcement, citing the strategic pivot, the successful integration of Techlott, and the clear communication of a transition toward commercial execution and revenue generation as key drivers of the company’s improved outlook. The Gambia LOI is viewed as a validation of AppYea’s new business model and a critical step toward establishing a sustainable, recurring revenue stream in a high‑growth, regulated market.
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