GD Entertainment and Technology (GDET) Benefit from the transactional side of Bitcoin
28 November 2018 - 11:00PM
InvestorsHub NewsWire
GD
Entertainment and Technology (GDET) Benefit from the transactional
side of Bitcoin
Miami, FL -- November 28, 2018 -- InvestorsHub
NewsWire -- EmergingGrowth.com, a leading independent small
cap media portal with an extensive history of providing
unparalleled content for the Emerging Growth markets and companies,
reports on GD Entertainment and Technology, Inc. (OTC Pink:
GDET).
Cryptocurrency
ATM Machines – Cryptocurrency Debit Cards – Cryptocurrency
Storage
Over the past two
weeks, the price of Bitcoin and other crypto’s have fallen close to
50%. Currently, mining cryptocurrency for the most part, is
no longer a viable path to profit.
So how does one
benefit in the space?
If you’re a believer
that cryptocurrencies are here to stay, have a look at GD
Entertainment and Technology (OTC: GDET), up-and-comer in the
transaction based crypto space. The company just released news that it has engaged a leading manufacturer in the
space Genesis Coin, to fulfill its initial purchase of
Cryptocurrency ATM’s.
GDET
may not be at these levels much
longer.
See the Press Release
and more on GD Entertainment and Technology (OTC:
GDET) at EmergingGrowth.com
http://emerginggrowth.com/?s=GDET
These cryptocurrency ATM’s can seamlessly multi-task between
traditional money dispensing, purchasing Crypto-coins, and selling
Crypto-coins.
More and more apps are being developed which reward users with
coins. Whether it be Bitcoin, or Lympo, the app developed jointly by Mark Cuban
and the Dallas Mavericks to reward exercise with cryptocurrency,
people will need simplicity in trading and liquidating their
coins.
In addition to its
ATM machines, GDET is also making physical storage of bitcoins on
debit and credit cards possible. Presently, bitcoins are stored in
digital wallets, adding layers of complexity for non-savvy users
during retail checkout and other transactions. Being able to store
bitcoins in cards and transact like you would with a regular
bank-issued credit and debit card will disrupt the digital wallet
space.
Earlier in August,
GDET acquired California-based DreamCard.
DreamCard offers solutions for custom designed metal debit or
credit cards in the US. GDET plans to leverage DreamCard’s
capabilities in card customization and storage in order to enter
the market for providing cryptocurrency-backed “white label” credit
and debit cards.
The
rollout is slated for Q1 2019. This presents a
tremendous opportunity to realize strong sales in the
short-to-midterm, considering the pay card market globally is
estimated at $2.7 trillion. Moreover, GDET is developing its own
point-of-sale (POS) systems which will be GDET-branded and provided
to merchants, allowing it to accelerate uptake of its
cards.
GD Entertainment
& Technology (OTC: GDET)’s recent acquisition of DreamCard, and
it’s move to enter the cryptocurrency ATM market, could put it in
the forefront of the space.
GDET
may not be at these levels much
longer.
See the Press Release
and more on GD Entertainment and Technology (OTC: GDET) at EmergingGrowth.com
http://emerginggrowth.com/?s=GDET
Other
Companies in the news and featured on EmergingGrowth.com
Intellipharmaceutics International, Inc.
Down from a 52 week high of $10.50, shares of
Intellipharmaceutics International (NASDAQ: IPCI) have been all
but dormant going into Monday’s open. Volume spiked as
the company traded approximately $10 million worth of
stock as shares continued to slide from Monday’s high of .64
to a bottom of .34 yesterday. The company announced after the
close yesterday, the FDA final approval of Generic Exffexor
XR.
BioElectronics Corporation, Inc.
BioElectronics Corporation, Inc. (OTC Pink: BIEL) took a nosedive
yestaeday, trading down into the .000’s on just shy of $1
million in dollar volume. This came on the company’s
announcement of an FDA market clearance update.
Ubiquitech Software Corp.
Down 93% for 2018, Ubiquitech Software Corp. (OTC: UBIQ) declared that it is
expecting 2019 to be its “Breakout Year”. The
company has been pretty dormant on press until the month of
November in which it released one per week while shares
continued to slide 40% this month alone. The bad news is
that this company completes debt conversions like they are
going out of style. The good news is, as of their last
quarterly, the conversion price is .001 per
share. Not much more to fall, that is, unless the
conversion price is adjusted.
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