DANVERS, MA , Dec. 07, 2017 (GLOBE NEWSWIRE) -- MobiCard Inc. fka Peer to Peer Network (OTC: PTOP) has filed Trademark Application, Serial Number 87708574 for MobiCoin with the U.S. Patent and Trademark Office (USPTO).
The Company had recently announced the release of MobiCoin, a new Counterparty cryptocurrency. Counterparty (XCP) is a decentralized platform that was built on the Bitcoin blockchain for creating and exchanging custom tokens such as MobiCoin and smart contracts. Counterparty extends Bitcoin’s functionality by “writing in the margins” of regular Bitcoin transactions. A total of 2,130 Bitcoins (BTC) were burned to create 2.65mil Counterparty (XCP) tokens as detailed here http://bit.ly/2k4zllA .
MobiCoin can be exchanged for Counterparty Currency (XCP) as well Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and virtually all other major cryptocurrencies. See detailed real time MobiCoin price https://www.xchain.io/asset/MOBICOIN
The Company had capped MobiCoin total supply at 100,000,000 and has reserved 50,000,000 MobiCoin for its award program that is slated to launch on Jan. 1, 2018. The program will reward individual paying MobiCard subscribers with a MobiCoin every time their MobiCard is shared and viewed by a unique mobile number. Subscribers will soon be able to create a coin wallet within their MobiCard dashboard that will be synced to card sharing and coin rewards. The Company will award MobiCoin to FREE users retroactive for the month of December through year-end prior to the official launch, click here https://www.cardsmobi.com/register.php to sign up.
Christopher Esposito, Director of Business Development, says, “ We believe that our MobiCoin award program will soon go viral, especially when the market price of MobiCoin appreciates in time. An increase in MobiCoin market value should propel our MobiCard subscription base resulting in increased revenues and bottom line profits”.
Esposito went on to say, “Bitcoin had just set an all time high of $15,890 in early morning trading from $.08 in July 2010; needless to say we are excited for the future of MobiCoin and believe that the value should appreciate in time as we accelerate the distribution, applications and use cases.”
When maximum issuance in the award program is attained, the Company will have reached and captured a database of 50,000,000 potential new subscribers in which the Company can re-target for future marketing programs and Company developments to drive card subscriptions, coin users and new shareholders.
A supply of at least 25,000,000 MobiCoin have been earmarked to be issued for strategic partnerships, re-sellers and enterprise business accounts such as sales and networking organizations, associations and affinity programs.
In the very first week since the release, the Company has already paid at least one service provider with MobiCoin in lieu of USD.
About MobiCard Inc:
MobiCard Inc. fka Peer to Peer Network ("PTOP") owns and markets its core technology, a SaaS mobile solution branded C2A MobiCard, a scalable mobile business card software platform that enables users to create a customized web based personalized mobile app that is sharable by text sms, email, digital and social media. Subscribers are able to track card opens, views and shares all while validating and analyzing new leads and referrals in real time, thereby knowing who and when to follow up https://freemobicard.com/
Safe Harbor Statement
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company invokes the protections of the Private Securities Litigation Reform Act of 1995. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategies, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. Factors that may cause actual results to differ materially from those in the forward-looking statements include those set forth in our filings at www.sec.gov. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.