Vancouver-based Global Blockchain Mining Corp (CSE:FORK) (OTCMKTS:GBCHF) said Thursday that it will oversee and provide periodic oversight for the AMR token bounty program.
The AMR crypto asset was created by Singapore-based wireless technologies company Ammbr Foundation Private Limited for use on its blockchain-based wireless mesh network management platform.
Global Blockchain has secured a deal to administer the crowdsale for Ammbr network's proprietary crypto token AMR. In exchange for its advisory services, Global Blockchain will receive an allotment of AMR tokens.
The AMR bounty program consists of rewards given in exchange for actions that promote, or bolster interest in the AMR crowdsale.
“In today's competitive crowdsale environment, having an aggressive bounty program is a must," said Ammbr CEO Derick Smith. "We are putting an emphasis on social sharing because we believe this will foster growth of the Ammbr platform itself, not just the AMR crypto asset.”
Smith also noted that building awareness about the Ammbr platform would also shine a light on the need for universal internet access. Half the world’s population is online, but lack of skills and investment are slowing growth.
“With awareness of the Ammbr platform comes awareness of the problem that it seeks to solve, with many parts of the world still lacking a reliable connection to the Internet,” said Smith.
“We feel this will resonate with virtually everyone, making the bounty program a key part of our strategy to make Ammbr the best it can be," he added.
The company said all actions must be taken through the bounty administration platform Coinclaim ((http://www.coinclaim.io) in order to be eligible for payment.
It is possible to earn AMR token rewards by posting the crowdsale link on social media sites like Facebook, Twitter and joining the Telegram discussion group. AMR token reward amounts will be listed on Coinclaim's website.
The AMR crowdsale is scheduled to kick off at 9:00 am EST on January 14, 2019.
Global Blockchain Mining is engaged in mining blue-chip cryptocurrencies through the deployment of hardware and associated infrastructure. Investors through their investment in Global Blockchain get exposure to cryptocurrencies.
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