Tapinator Inc (TAPM)

[NetworkNewsWire]

TAPM Announces Formation of Blockchain-Focused Subsidiary

Mobile games developer and publisher Tapinator, Inc. (OTCQB: TAPM) this morning announced the formation of a new subsidiary, Revolution Blockchain, LLC, focused on developing and publishing distributed apps and games leveraging blockchain technology. Per the update, Revolution Blockchain’s first product, scheduled for launch in the second quarter of this year, will implement blockchain technology for both payment processing and the storage of virtual assets via non-fungible tokens that live on the blockchain. “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,” Ilya Nikolayev, CEO of Tapinator, stated in the news release. “The formation of our Revolution Blockchain subsidiary allows us to plant a hard stake in the ground and make a long-term commitment to the distributed app market… [W]e now believe Tapinator is extremely well positioned and qualified to create early leadership within the decentralized apps market.”

To view the full press release, visit http://nnw.fm/2GFXl

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