TULSA, Okla., Feb. 13, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE--AppSwarm, Inc. (USOTC PINK:SWRM), a technology company specializing in the accelerated development and publishing of mobile apps, is pleased to announce that the Company has entered into an agreement for the development of a smartphone-based cash and bitcoin mobile wallet, and full exchange platform for Dynamic Coin Exchange, Corp.
Under the Memorandum of Understanding (MOU) executed, AppSwarm will build and develop a working digital exchange and wallet for Dynamic Coin Exchange, Corp. ("DCX") under a licensing agreement. In addition, AppSwarm will receive on-going revenue sharing of all transactions made on the DC Exchange and Wallet Platform, to be paid on a bi-monthly basis.
Dynamic Coin (DMC) is the next generation digital currency platform, utilizing tokenized assets for transactional purposes, enabling instant transfer of value and ownership within an organization's core payments and remittance infrastructure.
Driven by a fully engaged, active algorithm, DMC is an open sourced, decentralized, stable and scalable electronic currency which solves many, if not all, of the design and infrastructure issues faced in current digital platforms. http://dynamiccoinexchange.com/
AppSwarm is a technology company specializing in the accelerated development and publishing of mobile apps and other software platforms for gaming and business applications and seeks to acquire symmetric business opportunities. AppSwarm partners with and assists other development firms in technology development, business management, and funding needs.
For more information, visit us at www.app-swarm.com, or follow us on www.facebook.com/AppSwarm or Twitter http://twitter.com/AppSwarm
Notice: AppSwarm, Inc. is a mobile development company, and is not involved directly in the buying/selling of Cryptocurrencies. The Company aims to adhere to all current and forthcoming regulatory rules and compliance within the U.S., and other local jurisdictions as required.
Forward-Looking Statements:"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking statements that are subject to risk and uncertainties including, but not limited to, the impact of competitive products, product demand, market acceptance risks, fluctuations in operating results, political risk and other risks detailed from time to time in the Company's filings with OTCMarkets.com and as required to the Securities and Exchange Commission. These risks could cause SWRM's actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, the Company.
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