Technology company SinglePoint, Inc. (OTCQB: SING) has kicked off a national TV ad campaign for its latest product offering, the SingleCoin cryptocurrency wallet application, with a commercial featuring original “Shark Tank” member and entrepreneur Kevin Harrington. The commercial has already aired in prime time on FOX News and FOX Business.
In the ad, Harrington speaks about the widespread use of digital currencies like bitcoin and about SinglePoint’s new platform to set up a free and secure digital wallet to buy, use and store digital currencies “without the hassles of banks or debiting credit cards.” Users who sign up at SinglePoint.com will also receive a free informative newsletter with all of the latest information from the digital currency revolution, the ad says. SinglePoint plans to run multiple commercials advertising SingleCoin, all of them featuring Harrington, on several national media outlets.
Developed by AppSwarm, Inc. (OTC: SWRM) for SinglePoint, the SingleCoin bitcoin wallet app is already available on iOS and Android via the Apple App Store and Google Play. Users can also sign up at SinglePoint.com, with app preview and download links already live on the company’s website.
SinglePoint and AppSwarm, a technology company that specializes in the accelerated development of mobile apps and other software for gaming and business, are joint partners on the SingleCoin digital wallet. The two companies also collaborated on the development of SinglePoint’s LastMile Delivery platform that gives small to mid-size companies, including those in the cannabis industry, the ability to streamline and track deliveries.
Designed primarily with the goal of making it easier for users to own, store, send and receive bitcoin, the SingleCoin wallet application does not require sign up, and it can send market-priced bitcoin to any wallet address, according to SinglePoint President Wil Ralston in a recent appearance on MoneyTV with Donald Baillargeon (http://ccw.fm/XFRw3). Ralston also explained that the application makes it easy to receive bitcoin and also to share a wallet address safely and securely across different social networks. Additionally, each transaction is traced in a compact, specially designed list, making it easier for users to access and view transaction history.
As a diversified holding company with operations in multiple verticals, including the fast-growing legal cannabis and cryptocurrency markets, SinglePoint specializes in acquisitions of small and mid-sized companies, with an emphasis on new technologies.
The company is continuously adding to its diverse portfolio so as to expand revenue streams and drive growth. This strategic acquisition policy has helped the company achieve significant year-over-year improvements of nearly 100 percent in revenues recorded in the second quarter of 2018, compared to the same quarter of 2017 (http://ccw.fm/7kLZ1).
SinglePoint also announced that it achieved fully reporting status on the OTCQB Venture Marketplace, which is expected to create “additional opportunities to grow our existing businesses and potentially entertain larger acquisitions,” according to CEO Greg Lambrecht. The company recorded over $500,000 in revenue in the first six months of 2018 as a result of successful business acquisitions and hopes to continue accelerating revenue growth using the same strategy.
For more information, visit the company’s website at www.SinglePoint.com
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