SEATTLE, Sept. 25, 2018 (GLOBE NEWSWIRE) — via NetworkWire – SinglePoint Inc. (OTCQB: SING), a technology growth holding company providing mobile payments, ancillary cannabis services and blockchain solutions, today announced that SingleCoin advertisements are being scheduled and will announce final time slots in the coming days. SinglePoint plans to run multiple spots advertising our Bitcoin wallet application SingleCoin, available on iOS and Android. These advertisements will be featuring Kevin Harrington, an Original Shark on the hit TV show Shark Tank.
“SinglePoint will be the one of the first crypto wallet applications to run a national ad campaign on major television networks. This is the beginning of what we hope will be a large build out supporting multiple currencies and cryptos. Our goal is to provide an easy way for users to make purchases using SingleCoin. Whether it is cannabis or convenience store purchases, users should be able to transact business effortlessly through their SingleCoin wallet. Currently, work is being done to add additional coins and to support the purchase and sale of these coins,” states SinglePoint President Wil Ralston.
SinglePoint conceptualized the application in 2014, with the idea that an alternative payment solution for cannabis businesses could be developed utilizing Bitcoin. In response to the tremendous adoption of Bitcoin, AppSwarm (OTC:SWRM) joined SinglePoint to co-develop the app with a view to developing a tool that allows dispensaries to easily accept and convert the BTC to fiat currency and for customers to make purchases that are transacted at the same speeds as traditional payment cards. The wallet application SingleCoin is another step in the direction of helping retailers easily transact purchases with cryptocurrencies.
Aiming to boost user-engagement, SinglePoint has also developed a detailed cryptocurrency guide which can be accessed through our website (www.SinglePoint.com). This resource covers the history of cryptocurrencies, the different types of tokens available, and provides a guide to getting started with crypto.
AppSwarm and SinglePoint most recently collaborated on LastMile Delivery, a solution for small businesses and cannabis delivery companies to efficiently manage deliveries. With SingleCoin they are again solving problems for small businesses and their customers: giving them more choices and streamlining transactions. With SingleCoin, customers will be able to simply choose to pay with Bitcoin.
About SinglePoint, Inc.
SinglePoint, Inc (SING) is a technology company with a focus on acquiring and or working with companies that will benefit from the injection of growth capital and technology integration. The company portfolio includes mobile payments, ancillary cannabis services and blockchain solutions. Through acquisitions into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base. Through SingleSeed, the company is providing products and services to the cannabis industry.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.