NEW YORK, Jan. 10, 2018 (GLOBE NEWSWIRE) -- via NetworkNewsWire — NetworkNewsWire ("NNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Tapinator, Inc. (OTCQB:TAPM), a client of NNW that develops and publishes mobile games on the iOS, Google Play and Amazon platforms.
The publication, titled, “Blockchain Emerging as a New Frontier for the Gaming Industry,” reviews a variety of companies seizing growth opportunities with adoption of blockchain technology.
To view the full publication, visit: https://www.networknewswire.com/blockchain-emerging-new-frontier-gaming-industry/
Tapinator kicked off 2018 with news it will form a new subsidiary, Revolution Blockchain LLC, to develop and publish distributed apps and games leveraging blockchain technology (http://nnw.fm/Us6W7). Currently under development, Revolution Blockchain’s first product will leverage blockchain technology for payment and asset storage via fungible tokens residing on the blockchain. This product is scheduled to be launched during the second quarter of 2018. The Company has announced a seed investment in the new subsidiary by an individual accredited investor, resulting in the issuance of membership interests that are convertible into Tapinator’s common stock at $0.25 per share.
"We believe that we're at the dawn of a new revolution where the applicability of blockchain technology will expand from currency trading to industry-changing applications and games," Tapinator CEO Ilya Nikolayev stated in the press release about the new subsidiary.
About Tapinator
Tapinator develops and publishes mobile games and DApps on the iOS, Google Play, Amazon, and Etherium platforms. Tapinator’s portfolio includes over 300 mobile gaming titles that, collectively, have achieved over 450 million player downloads, including games such as ROCKY™, Video Poker Classic, Solitaire Dash, and Dice Mage. Tapinator generates revenues through the sale of branded advertisements and via consumer app store transactions. Founded in 2013, Tapinator is headquartered in New York, with product development teams located in the United States, Germany, Pakistan, Indonesia, Russia and Canada. Consumers can find high-quality mobile entertainment wherever they see the ‘T’ character logo, or at www.Tapinator.com
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Forward-Looking Statements
This release contains 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. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
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