Big Token Inc (fka BGTK)

[I ll be back]

8K - TIME to wake up, assuming anyone is still here...LOL

We now have a meaningful update to the business model:

BIGtoken Shifts to Web 3.0

The company will provide Web 3.0, privacy-focused solutions, with benefits for consumers and advertisers.

Westlake Village, CA The BIGtoken and BritePool merger is now leveraging the combination of zero party data, its cookie-less ID network and moving to web 3.0 tactics and infrastructure.

The identity space has accelerated quickly. Web 3.0 offers new benefits to the BIGtoken user base and mass market consumers with the addition of digital wallets and token-based offers. This enhanced offer is a superior path to create value for brands, consumers, and our investors. The BritPool ID graph will become an important component of this new offer.

In Feb. 2022, BIGtoken downsized its employee base and operating costs, reducing overall cash burn, and improving its operating efficiency by 65%

Pipeline momentum has been ahead of expectations with the following highlights:

1. Request for Proposal (RFP) in process to power futuristic data diversification for one of the largest retailers in the US

2. beta testing terms are being negotiated with one of the largest agency holding companies for Web 3.0 advertising and data creation for US and EU clients

3. RFP in process with 2 major US brands for digital wallet and token-based advertising betas

?Brand engagement, data and identity systems of tomorrow must allow brands direct access to consumers, outside of the centralized construct of Web 2.0. Our Web 3.0 systems will allow brands to do just that; engage with their customers through an open, transparent, and ethical value exchange? said George Stella, Co-Founder and President of BIGtoken. ?It makes sense for us to refocus our energy and resources towards building that ecosystem to enable brands to drive the type of mass adoption to Web 3.0 that they?ll need from customers going forward.?

The first signs that something is happening behind the curtain.


https://fintel.io/doc/sec-bigtoken-inc-1518720-8k-2022-june-03-19146-3440?utm_source=fintel&utm_medium=email&utm_campaign=filing-b