Parler Cloud, Amaze Holdings Form Exclusive Partnership to Transform Creator Economy.

Parler Cloud Technologies and Amaze Holdings have formed an exclusive strategic partnership to integrate Amaze's commerce engine into Parler's Pulse ecosystem, a next-gen digital platform that unites social engagement, streaming video, e-commerce, and decentralized financial tools. The integration aims to empower creators to build audiences, sell products, and receive instant crypto-based payments and rewards within a single, seamless environment.

Parler Cloud Technologies and Amaze Holdings have formed an exclusive strategic partnership to integrate Amaze's commerce engine into Parler's Pulse ecosystem. This next-gen digital platform unites social engagement, streaming video, e-commerce, and decentralized financial tools. The integration aims to empower creators to build audiences, sell products, and receive instant crypto-based payments and rewards within a single, seamless environment.

The partnership involves an investment by Parler in Amaze Holdings, with Parler agreeing to purchase one million shares of Amaze common stock at $6 per share, a premium to Amaze's current share price, and three-year warrants to purchase up to an additional one million shares at $7.50 per share. This amounts to a $6 million current investment and up to $7.5 million additional investment upon exercise of the warrants [1].

The integration is expected to roll out by the end of the year, with Amaze serving as Parler's primary e-commerce partner. The closing of the investment by Parler is subject to customary due diligence within 60 days or less [1].

The collaboration is designed to align with emerging trends in social media and e-commerce, providing creators with modern tools and infrastructure to meet their business needs. The integration is expected to provide new revenue opportunities for creators, aligning with Amaze's mission to empower creator monetization at scale [2].

This partnership positions Amaze as a primary e-commerce partner for Parler, potentially expanding its market reach and enhancing its service offerings through advanced technology and infrastructure. However, the partnership may raise concerns regarding the credibility and stability of Amaze, as Parler has faced controversies and reputational challenges in the past [2].

References:
[1] https://finance.yahoo.com/news/amaze-forms-strategic-partnership-parler-123000940.html
[2] https://www.quiverquant.com/news/Amaze+Holdings%2C+Inc.+Announces+Strategic+Partnership+with+Parler+Cloud+Technologies+and+Investment+of+%246+Million+to+Enhance+Creator+Commerce+Solutions