Singlepoint Inc (SING)

[sweet crude]

SingleSeed may launch this month (article)

SinglePoint (SING) Prepares SingleSeed Bitcoin Payment Processor Launch

(NEW YORK)–SinglePoint (OTCMKTS:SING) announces it’s preparing launch its cannabis focused Bitcoin payment app SingleSeed before the end of Q1 2018.

In a recent update, SinglePoint announced it intends to launch its bitcoin payments processor via subsidiary SingleSeed during the first quarter, or March of 2018. SingleSeed will initially provide a platform for both consumers and retailers in the legal cannabis industry to process payments using cryptocurrency.

SingleSeed is user-friendly platform for merchants and consumers, enabling easy account registration and fast point-of-sale transactions. The downloadable app will enable retailers to post photographs and descriptions of their products, while employing text messaging to market their offerings, develop customer relationships and build trust.

SingleSeed payment platform can be customized for any industry, and could be an exciting stand alone payment platform similar to PayPal and Square. Once SingleSeed is launched this could provide a real catalyst for SING share price, and visability.

Big Winner is AppSwarm

One of the big winners out of all this may be AppSwarm (OTCMKTS:SWRM), which is the developer and technology behind SinglePoint’s SingleSeed bitcoin payment app. AppSwarm deal with SinglePoint calls for a 50/50 revenue share on SingleSeed, but could also position AppSwarm as a mobile payment company through this new crypto payment platform.

AppSwarm currently has around 100 million shares outstanding, or market cap of roughly $3 million, and is far below SinglePoint’s market value which is around $65 million.
https://www.cnbc.com/quotes/?symbol=SWRM

http://www.wallstreetnewscast.com/sing-0228/