Myriad Interactive Announces Completion of CryptoCafe.com Bitcoin Project and More to Come
February 24 2014 - 8:28AM
Marketwired
Myriad Interactive Announces Completion of CryptoCafe.com Bitcoin
Project and More to Come
TORONTO, ON and LAS VEGAS, NV--(Marketwired - Feb 24, 2014) -
Myriad Interactive Media Inc. (OTCQB: MYRY) (BERLIN: XNG), a global
interactive media and development company, is pleased to announce
the company has successfully completed its first version of
www.CryptoCafe.com, and we are now live with Bitcoin
functionality.
"We are pleased to announce that we have once again completed
another successful development project under the Myriad banner.
CryptoCafe.com version 1 has now launched in Canada, USA, Denmark
and Germany," said Myriad CEO Derek Ivany.
He added, "We continue to move forward in our efforts to launch
exciting new projects, and this is really just the beginning of our
plans for Bitcoin-related platforms, we're really just warming
up."
About CryptoCafe.com
CryptoCafe.com offers an opportunity for just about anyone to
get involved with Bitcoin without the need to get set up on a
Bitcoin exchange and having to learn trading. Our system allows
users to post items for sale, free of charge or featured items for
a small fee, in BTC. We plan to add additional crypto currencies to
the website in the near future. Myriad developed its own
proprietary Bitcoin escrow system, in-house, which allows users the
comfort of having Bitcoin funds secured before a transaction is
complete. When a user makes an offer for an item for sale on
CryptoCafe.com the user must have available BTC in their
CryptoCafe.com wallet in order to make the offer. Users can top-up
wallets by completing third-party transfers from Exchanges or other
wallets, as well as generate unique wallet ID's with the system. In
addition, CryptoCafe users can login via mobile and track
notifications and message dialogue to complete transactions in
person to prevent the risk of fraud. After transactions are
complete, there is a feedback rating system in place in order to
build profile credibility within the community. The CryptoCafe.com
platform is built with two-tier authentication as well as
cold-storage for offline Bitcoin storage. The platform also has a
real-time Bitcoin price correlation to popular currencies like
EURO, GBP, USD and CAD where users can simply select the currency
value they wish to receive for an item being sold and the
CryptoCafe.com system will automatically convert the item price
into BTC and auto-adjust the price based on Bitcoin price
fluctuation.
Additional Bitcoin Technologies
"I am equally as pleased to announce that we have also developed
our own merchant system by building many unique features into
CryptoCafe, and we plan to explore other options with our newly
developed system by identifying additional ways to leverage this
new innovation," said Myriad CEO Derek Ivany.
Corporate Update
We would like to thank our investors for exhibiting great
patience and for their support with our projects and their
continuous engagement with our company. We appreciate your feedback
and support, and our team here at Myriad takes great pleasure in
knowing that we have a strong retail audience who cares about the
company and its endeavors. Myriad continues to move forward in our
efforts to eliminate additional debt, and we're diligently working
to further clean up our balance sheet. As mentioned in a previous
corporate communications update, we visited Europe and were
successful in arranging key meetings with what we believe to be
strategic partners regarding several upcoming announcements. We are
currently in the final negotiation phases of a couple of ventures
that will add another very exciting component to Myriad.
About Myriad Interactive Media, Inc.: Myriad Interactive Media
is an interactive marketing and development firm based in Toronto,
Canada. Myriad designs and develops customized marketing plans,
social media marketing campaigns, pay per click, and search engine
marketing. Our company also develops in house web & mobile
applications.
Myriad Interactive Media Inc. is a public company quoted on the
OTCQB under the symbol MYRY. For more information, please visit us
in the USA at www.myriadim.com
Forward-Looking Statements
In addition to historical information, this press release may
contain forward-looking statements that reflect the Company's
current expectations and projections about future results,
performance, prospects and opportunities. These forward-looking
statements are based on information currently available to us and
are subject to a number of risks, uncertainties and other factors
that may cause actual results, performance, prospects or
opportunities to be materially different from those expressed in,
or implied by, such forward-looking statements. You should not
place undue reliance on any forward-looking statements. Except as
required by federal securities law, the Company assumes no
obligation to update publicly or to revise these forward-looking
statements for any reason, or to update the reasons actual results
could differ materially from those anticipated in these
forward-looking statements, even if new information becomes
available, new events occur or circumstances change in the
future.
Contacts: Myriad Interactive Media Inc. Find us on Twitter
https://twitter.com/myriadsocial Find us on Facebook
https://www.facebook.com/myriadinteractivemedia Find us on Google+
https://plus.google.com/+Myriadim/ Contact Investor Relations
(Email Preferred) Investor Relations: Myriad Interactive Media,
Inc. 1-800-427-1103 info@myriadim.com Interactive XBRL
Filings are available at:
http://www.myriadim.com/investor-center.html
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