Calvin Ayre Becomes Special Economic Envoy to Antigua and Barbuda
August 10, 2017 10:45 amOn August 8th, the Canadian entrepreneur Calvin Ayre, who is now based in Antigua and Barbuda, became the ‘Special Economic Envoy’ to the country’s government, and is now tasked with offering his advise and experience on strengthening economic cooperation and business between the sovereign state and other country’s using blockchain technology.
The government of Antigua and Barbuda has a reputation for being progressive when it comes to adopting an early advantage which may then give it an edge in the international business community. In the 1990’s, for instance, it became an early leader in offshore banking and Internet Gaming, and now it intends to do the same in the blockchain technology using global private sector. As explained in his global gambling industry news site called calvinayre.com:
“His efforts are expected to re-invigorate the Internet Gaming industry in Antigua and Barbuda which, in 1999, provided more than US$100 million to the economy and employed over 2,000 people. Today, the online gaming business is worth in excess of US$37.9 billion annually with markets throughout Asia and Europe.”
Calvin Ayre, a pioneer in the online gambling industry, recently had charges of flouting the UIGEA (2006) dropped by the US government, but has said that he has no intention of moving away from his adopted home in Antigua and Barbuda,
“I’ll continue to focus on being an online gaming industry analyst, a tech investor, and a philanthropist. Most importantly, I’m just going to continue enjoying life to the fullest,” explained Ayre.
In addition to the gambling industry, the entrepreneur is heavily invested in the cryptocurrency world, and is especially bullish when it comes to Bitcoin. In fact, Ayre apparently runs a tech company that handles Bitcoin transactions on the public ledger, with a recent press released stating that his business group “processes more Bitcoin transactions than any other platform in the world today.”
In 2013, one Bitcoin was worth around $1,000, but then dropped to just $200 before rocketing in price by late 2015, with its present value currently at $3,389.