Technology development and incubation acceleration company AppSwarm, Inc. (OTC: SWRM) this morning announced that it has finalized a joint venture agreement with USA Real Estate Holding Co. (OTC: USTC) to develop a global P2P bitcoin mobile wallet. Per the update, the venture calls for a 50/50 revenue share on the technology to be deployed. “This is an exciting partnership for both companies as bitcoin continues to rise to unprecedented value triggering increased interest from institutional investors,” Ron Brewer, CEO of AppSwarm, stated in the news release. “To take advantage of this favorable environment, our timely launch of the wallet is expected mid Q1 2018, as most of the technology we need is already in-house.”
To view the full press release, visit http://nnw.fm/3JSxh
About AppSwarm
AppSwarm develops and publishes mobile gaming apps, with a focus on accelerating the development of free to play mobile games and fast-track them to market. The company partners with game developers through joint ventures, royalty agreements, marketing partnerships, and outright purchases through its publicly-traded company on the OTC Markets, ticker SWRM. For more information, visit www.App-Swarm.com
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