Followers | 764 |
Posts | 87905 |
Boards Moderated | 2 |
Alias Born | 03/13/2004 |
Tuesday, August 14, 2018 8:32:46 AM
STUDIO CITY, Calif., Aug. 14, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE--WEB GLOBAL HOLDINGS, INC. (USOTC:WEBB) recapped a number of stats today for current and future shareholders.
CEO Steve Slome stated, "We have had requests to share more information by the numbers. We hope that what we've provided below will prove to be helpful."
INDUSTRY STATS:
Number of Cryptocurrencies: Over 1600
Number of Cryptocurrency Exchanges: Over 500
Avg. Market Cap of current Cryptocurrencies: Approximately $220M
Value of the Top 20 Cryptocurrencies: Approximately 89% of the total market.
Number of Coin Wallets In Use: Over 20M
Cryptocurrency Market Cap: Approximately $202B
Expected to hit 1Trillion Dollar Market Cap: 2018-2020
COMPANY TARGETS (as reflected in company filing dated 7/30/2018)
Number of Cryptocurrency, fintech and traditional advertisers within the first 12 mos: 50
Annual revenue per advertiser: $600K; Company revenue equivalent: $30M
Premier Sponsor Package Advertisers: 5; Company revenue equivalent: $5M
Other revenue streams: $6.8M
Total expected revenue equivalent: $40.8M
Links to SEC fIling:
https://www.sec.gov/Archives/edgar/data/1011901/000147793218003706/webb_1u.htm
https://www.sec.gov/Archives/edgar/data/1011901/000147793218003706/webb_ex151.htm
https://www.sec.gov/cgi-bin/browse-edgar?company=web+global&match=contains&action=getcompany
COO Lee Zuckerman added, "Our research into this sector indicates that trading volumes are increasing and transferring to decentralized exchanges. Institutional investor growth is rising with the proposals of ETFs becoming viable investment vehicles. As the industry ages valuation models will solidify this new technology. Because of systemic hacking in financial world, firms and institutions are increasingly adopting security tokens making the blockchain technology and cryptocoin industry vital for secure transactions. Finally, decentralized applications are growing in use creating a legit market growth with early adopters. This sector is primed to take off and won't rely on any one coin's up or down value. CryptoCake will document these stories and help foster goodwill between cryptocurrencies and associated tech making our company a valuable asset in this industry."
Mr. Slome finished up with, "We are looking to scoop up tens of millions of redirected ad dollars from the Google and Facebook ad bans. The popular crypto exchange Coinbase has more users than Charles Schwab which is a testament to the public's insatiable interest in crypto. In addition to marketing and ad partnerships with cryptocurrency companies, we are also pursuing ad partnerships with exchanges, wallets, mining operators and don't forget that our channel will eventually be an attractive venue for traditional advertisers of all types as well. We want to thank you for your interest in our company and we hope that these stats have proven helpful to you."
About Web Global Holdings, Inc: Web Global Holdings is the parent company of Allocation Media Entertainment, a company that generates its revenue through the creation of original and unique television programming. The content is growing in popularity through syndication around the world via numerous broadcast, cable, sports and digital networks.
Full Time OTC Market stock trader. IHUB member since 2004
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM