Business
AppSwarm and SinglePoint Finalize Plans for Cannabis and Bitcoin Focused Applications and Technology
AppSwarm and SinglePoint Finalize Plans for Cannabis and Bitcoin Focused Applications and Technology.
About this update from Appswarm, Inc.
[{"type":"text","content":"\n\n TUSLA, Okla., Nov. 29, 2017 (GLOBE NEWSWIRE) -- AppSwarm, Inc. (OTC:SWRM) (“the Company”) A technology company specializing in the accelerated development and publishing of mobile apps has completed  development plans with SinglePoint (OTC:SING) to conduct a shared roll-out of mobile applications specifically geared to solve issues in the cannabis space using the Blockchain technology and Bitcoin payment options. The applications and tech will be modelled and marketed under SinglePoint’s SingleSeed subsidiary (www.SingleSeed.com), while AppSwarm (www.app-swarm.com) will provide the necessary technical support and application development. The venture calls for a 50/50 revenue share on all products to be deployed. \n\n \n \n \n \n \n \n \n \n \n \n \n $SING\n \n \n \n \n \n \n \n \n\n The Crypto and cannabis market is in need for technology solutions that can advance productivity and do it safely. AppSwarm and SinglePoint intend to develop mobile applications that address these needs by creating a system that allows a business to see what is going on in the market around them. The mobile apps and tech created will also modernize the consumer experience by adding in SinglePoint’s payment features, as well as a multitude of other functionalities that are currently proprietary to AppSwarm. “This JV with SinglePoint allows them unfettered access to all of the technology we currently have in-house, as well as what we are and will be developing in the near future. With the Crypto space expanding at mind-boggling speed it only makes sense to be partnering with such a prestigious industry leader in SinglePoint,” stated AppSwarm CEO Ron Brewer. SinglePoint and AppSwarm plan to launch the first application mid-January 2018 as well as release additional applications shortly after the initial launch. The first application will provide a base for additional applications and will be a service-based application for the business-to-business (B2B) and business-to-consumer (B2C) markets. The cryptocurrency market cap has reached $300 billion, according to marketcap.com, with gains in many of the major currencies, particularly as Bitcoin price has jumped over $9,500. The market cap has been driven by a number of factors, but Bitcoin continues to maintain a 53 percent dominance in...