Technology and investment company SinglePoint, Inc. (OTCQB: SING) this morning announced that its recently launched bitcoin wallet application SingleCoin has surpassed 12,000 downloads and is continuing to experience strong demand on both Google Play and the Apple App Store. The milestone comes on the heels of SinglePoint’s launch of a national TV campaign featuring Kevin Harrington, an original Shark from ABC’s hit show ‘Shark Tank’ (http://ibn.fm/BqgQn). “This has been a huge success in our eyes. We plan to line up more air time for the commercial,” Wil Ralston, president of SinglePoint, stated in the news release. “As our user base grows we are able to understand more information about cost of acquisition, time to reach certain bench marks and the ability to go add additional offerings in the goal to monetize this application.” Per the update, SinglePoint is currently working to add support for ethereum to its SingleCoin application, with testing currently underway and a rollout expected in the near future.
To view the full press release, visit http://ibn.fm/8s4RA
About SinglePoint, Inc.
SinglePoint, Inc. is a technology and investment company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration. The company portfolio includes mobile payments, ancillary cannabis services and blockchain solutions. Through acquisitions into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base. Through SingleSeed, the company is providing products and services to the cannabis industry. For more information, visit the company’s website at www.SinglePoint.com
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