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Las Vegas, November 14, 2018 (GLOBE NEWSWIRE) – Surge Holdings, Inc. (OTCQB: SURG), today announced that Surge Blockchain, a wholly owned subsidiary of software and technology, has completed the development of the Surge ERC-20 utility. Tokens and has made free tokens available to all those who register on www.surgetoken.com before the December 15 launch.
The Surge Token is an ERC20-compliant asset blockchain asset that can be valuable, stored in a portfolio, used for transactions and can be sent and received, such as Bitcoin, Litecoin, Ethereum or any other digital asset.
"The technology we have developed is dice soup, from the issue of reward tokens to redemption requests for the transmission of our ERC-20 token to Ethereum." He declared Chief Technology Officer, John Mott.
Tokens will be earned through the purchase of Surge products and services or through incentive activities such as automatic salary deposits to the SurgePays Debit Card or the payment of certain special SurgePhone Wireless offers. Tokens can be redeemed for prizes and / or stored in digital wallets.
The difference between the Surge Tokens and the autonomous currencies such as Bitcoin and Litecoin is that the Surge Token will move on the Ethereum network, hosted by the Ethereum addresses and sent using Ethereum transactions from an intelligent contract.
Surge Holdings Inc. CEO Brian Cox said, "The underlying principle of Surge's business model is to generate revenue by bringing products and services to those who might otherwise not have access to them, which fits perfectly into our plan. global strategy for customer loyalty, improving the Surge ecosystem and the overall assessment of the company ".
Cox further stated: "Using the Token Surge Utility for loyalty rewards, we will allow 51% of the subprime market to participate in Digital Assets, the future."
In addition, the software system has been designed as a white token / premium system so that Surge can offer this technology and software to other companies looking for a turnkey ERC-20 token solution.
The Token reward system of the Surge Utility is scheduled for launch on December 15, 2018.
Prizes will be reimbursed on www.surgerewards.com
ON SURGE COMPANIES:
Surge Holdings Inc. is a rapidly growing listed company with holdings in subsidiaries that use emerging technologies to deliver high-growth, recurring revenue products and services. The Surge Holdings Inc. team intends to become the country's leading technology products provider for the poor, under-the-table and undervalued by selling through its SurgePays network of convenient stores and through online digital marketing.
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Follow Surge Holdings and CEO, Brian Cox, on Twitter: @surgeholdings and @kbriancox.
FORECASTING DECLARATIONS:
This press release contains information that constitutes forward-looking statements made in accordance with the security provisions of the ports of the Private Securities Litigation Reform Act of 1995. Any of these forward-looking statements involve risks and uncertainties that could cause actual results that are substantially different from any future results described in the statements. farsighted. The risk factors that could contribute to these differences include those issues most widely disclosed in the Company's reports filed with the US Securities and Exchange Commission. The forecasts provided here represent the Company's estimates starting from the date of the press release and subsequent events and developments could change the Company's estimates. The Company expressly disclaims any obligation to update forecast information in the future. Therefore, such forward-looking information should not be construed as representative of the Company's estimates of its future financial performance as of any date after the date of this press release.
Surge Holdings Corporate Communication: [email protected] 901-247-8095
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