Phoenix, AZ., July 11, 2018 (GLOBE NEWSWIRE) -- Announced by Steve Travers, CEO of Crypto Emporium Ltd. of Liverpool England today, Lannister Holdings, Inc. through its Trade Name Lannister Development (OTC:NBDR) has been awarded an initial phase software development contract for scoping and deployment of blockchain smart contracts, UI/UX design and web3 integrations.
“As we have continually stated, one of our goals here at Lannister is to work with companies who are deploying real world use cases for distributed ledgers, tokenization and blockchain technologies into traditional systems and verticals. As with all clients, our aim is to build a long term development relationship with Crypto Emporium Ltd. This contract is a great example of how our experienced team will be deploying Lannister Development blockchain technology in different markets with impactful end user disruption. This is an important milestone here at Lannister and it wouldn’t be possible without the amazing work put in by all the staff, advisors and supporters of our work here at Lannister Holdings, Inc. Thank you all for every ounce of soul you have poured into this adventure so far and thank you to Steve and the Crypto Emporium Ltd team for trusting Lannister Development with your company’s technology needs.” said Joseph Snyder, CEO of Lannister Holdings, Inc.
This initial phase agreement is structured as a results based pricing model that minimizes initial costs for our client by keeping up front contract payments below ten percent (10%) of contracted USD value, while providing scaled returns for Lannister in concert with our client’s results from deployment of these tools and technologies. The total contracted cash portion of this initial phase award is One Hundred Twenty-Five Thousand Dollars ($125,000.00) plus additional generous bonus structures based on the success of Crypto Emporium Ltd.’s post deployment sales and results. While there is little guaranteed compensation, this results based model allows Lannister to deploy our technologies and teams immediately for an international client, proving that we are a world class decentralized operation developing distributed technologies while increasing our global branding and value.
Some of the leading-edge work that will be done by Lannister Development include the development of smart contracts, Web3 integrations, UI/UX design and development as well as deployment and integration consultation to accelerate the application of Crypto Emporium Ltd.’s blockchain tools in SMB retail stores. Lannister Development will also provide forward looking consulting and resources to help Crypto Emporium Ltd. prepare and plan for the next phases of scaled platform development which is something we are able to offer clients in many different verticals due to the experience and knowledge of the Lannister Teams.
"Crypto Emporium is an established e-commerce website that only accepts cryptocurrency payments, having already processed 100's of orders from around the world with a core concentration on real-world adoption of cryptocurrencies, Crypto Emporium aims to scale it's offerings and platforms utilizing blockchain technologies." Steve Travers, CEO, Crypto Emporium Ltd.
The agreement is effective immediately and initial payment has been received by Lannister Holdings, Inc. to begin work.
Christopher Brown, CTO of Lannister Holdings, Inc., said the agreement is a very tangible demonstration of existing client demand for Lannister Development’s unique offerings and services.
“The initial phase agreement reflects the growing importance of these technologies to companies who are striving to disrupt legacy systems in established, well-funded verticals. Our consultative approach makes it simpler and more cost efficient to engage with us here at Lannister Development, while our teams and technologies make it possible for clients to deliver smarter, integrated, always-on digital services with real world use cases,” he said.
No Borders, Inc.
Lannister Holdings, Inc. a wholly owned subsidiary of No Borders, Inc.
Trade Name: Lannister Development
(OTC:NBDR)
Forward-Looking Statement
This press release may include forward-looking information based on current expectations. Actual results may differ from those projected. The reader is cautioned not to place undue dependence on any forward-looking information. Except as required by law, the Company renounces any intention and accepts no obligation to update any forward-looking statements, be it a result of new information, future events or otherwise. Furthermore, the Company assumes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.