SponsorsOne (CSE: $SPO.C) Update on Two Patents Pending for Cryptocurrency Intelligent Contracts and Currency Pricing
SponsorsOne (CSE: $SPO.C) Update on Two Patents Pending for
Cryptocurrency Intelligent Contracts and Currency Pricing
Waterloo, Ontario, January 25, 2018: (Investorideas.com Newswire) SponsorsOne Inc. (CSE: SPO) (Frankfurt:
5SO) (the “Company”), has developed the SponsorsCloudTM platform
to support the world’s first scalable digital cryptocurrency for social
networks called the SponsorCoin.
SponsorCoin support smart contracts between Brands,
Consumers and Influencers which automatically determines compensation for
authentic social engagement. SponsorsOne
is pleased to provide an update on it’s two patent applications that could
revolutionize the engagement process between Brands and their authentic
communities.
Read this news in
full at http://www.investorideas.com/CO/SPO/news/2018/01251TwoPatents.asp
“These are two critical patents that
provide the scale of engagement between the Brand and their authentic community
of millions of users” stated Myles Bartholomew, Founder and CEO of
SponsorsOne. “Moving from an Agency of
One model for marketing to community of millions provides unreal acceleration
for the Brand, this technology will turn hundreds of millions of users into
Brand Influencers.”
The first Patent, Sponsorship
Management, filed on September 20, 2013 represents the intelligence contract
system that determines the authenticity of the engagement by the User and
rewards with the cryptocurrency SponsorCoin.
It’s this automation that scales to hundreds of millions of users on
every Brand engagement, no matter how small and determines if the campaign was
successful leading to a sale of product.
In essence, we have determined a method for valuing Earned Media – Word
of Mouth Marketing within the social network at very large scale.
The second Patent, Currency
Redemption filed on March 24, 2015 brings automatic pricing of the
cryptocurrency when a transaction occurs between the Brand and the User. It has been found that certain Brand and User
relationships have different values placed on it. This patent determines the value of the
relationship and prices the Currency at time of a transaction. For example, Nike may put a higher value on a
high school basketball player then on a eGamer and when either user goes to buy
those Nike shoes the Basketball Player will receive higher value on their
SponsorCoin at time of purchase.
Cryptocurrency today is based on speculation, supply and demand whereas
the SponsorsCoin is based on Social Capital directly between the Brand and User
dynamically for every transaction.
Both patents have been filed as an
International Patent and are in review in multiple patent offices around the
world. SponsorsOne is committed to
protecting it’s IP globally and is at the forefront of revolutionizing Brand
marketing within the social realm using cryptocurrency.
About SponsorsOne:
SponsorsOne is positioned as a leader in the next
evolution of social digital marketing and crypto-commerce with the
SponsorsCloudTM platform and its highly scalable digital – smart
contract based crypto-currency called SponsorCoin. Combined, this allows Brands to build and
manage their own proprietary and highly engaged communities of influencers
within the social realm. The SponsorsCloudTM platform allows for
data driven marketing campaigns that will change the way brands connect to
their customers and compensate the consumer for authentic engagement using the
SponsorCoin digital crypto-currency. SponsorsCloudTM
and SponsorsCoin is a tool for brands to inspire real movements around their
products and services in which their most valuable customers become their best
salespeople, producing far greater ROI than current social media advertising
methods.
ON BEHALF OF THE BOARD
Gary Bartholomew, Executive Chairman
To learn more please visit http://sponsorsone.com
The Canadian Securities Exchange (“CSE”) has neither approved nor disapproved the contents of this Press Release.
Forward-Looking Statements
This news release contains forward-looking statements and information
that are based on the beliefs of management and reflect the Company’s current
expectations. When used in this news release, the words “estimate”, “project”,
“belief”, “anticipate”, “intend”, “expect”, “plan”, “predict”, “may” or
“should” and the negative of these words or such variations thereon or
comparable terminology, are intended to identify forward-looking statements and
information. Such statements and information reflect the current view of the
Company with respect to risks and uncertainties that may cause actual results
to differ materially from those contemplated in those forward-looking
statements and information.
By their nature, forward-looking statements involve
known and unknown risks, uncertainties and other factors which may cause actual
results, performance or achievements, or other future events, to be materially
different from any future results, performance or achievements expressed or
implied by such forward-looking statements. Such factors include, among others,
the following risks: risks associated with marketing and sale of securities;
the need for additional financing requirements and access to capital, reliance
on key personnel; the potential for conflicts of interest among certain
officers or directors with certain other projects; the volatility of the volume
and price of the Common Shares, the failure of the business strategy, the
integrity of the Company’s patents and proprietary intellectual property and
competition. The Company cautions that the foregoing list of risk factors is
not exhaustive and is subject to change and there can be no assurance that such
assumptions will reflect the actual outcome of such items or factors. When
relying on the Company’s forward-looking statements and information to make
decisions, investors and others should carefully consider the foregoing factors
and other uncertainties and potential events, including the risk factors set
out in the Company’s Listing Statement. The Company has assumed a certain
progression, which may not be realized. It has also assumed that the material
factors referred to above will not cause such forward-looking statements and
information to differ materially from actual results or events.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS
NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS
NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS
SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT
RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT
TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME
EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE SECURITIES LEGISLATION.
SponsorsOne Inc.
(CSE: SPO.C) is
a featured company on Investorideas.com
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