LOS ANGELES, April 1, 2019 /PRNewswire/ -- Social Reality,
Inc. (NASDAQ: SRAX), a digital marketing and consumer data
management technology company, today announces that more than
600,000 registered users on Android, iOS and the web are using the
BIGtoken app to own and earn from their data. Many users who've
been dedicated to answering questions, checking into locations,
connecting their bank cards, recruiting new members, and more, have
seen their data value continue to grow. The spike in growth is a
reflection of BIGtoken principles and experience of transparency,
choice, and compensation resonating with active participants who've
made the app popular amongst a growing community of people who
value their data and privacy.
"BIG has changed the consumer data ecosystem forever," said
Kristoffer Nelson, COO at SRAX and
Co-Founder of BIGtoken. "By allowing consumers to see and realize
the actual value of their digital identity and data, we stand by
our promise to offer everyone in the Internet ecosystem choice,
transparency, and compensation for their data. This vision has
inspired many creating rapid growth, and we're thrilled to see so
many join us in our mission."
Since September 2018, consumers
have downloaded and signed up for BIGtoken. BIG's technology is
revolutionizing advertising and data management for both consumers
and advertisers. In addition to enabling users to earn from their
data and gamifying data sharing, BIG allows them to delete data and
opt out of data sales.
Marketers have increasingly turned to Big Data, yet they need a
way to assure the information collected about their target
audiences fits their business needs. Moreover, because most data is
controlled by limited organizations, it's difficult for marketers
to verify the accuracy of consumer data collected. BIG enables the
secure and transparent transmission of data, benefiting both
consumers and advertisers.
To download the application, please visit:
https://bigtoken.app.link/pressdownload, or to access BIG from the
web you can visit: my.bigtoken.com.
About SRAX
Social Reality, Inc. (NASDAQ: SRAX)
is a digital marketing and consumer data management technology
company. SRAX's technology delivers the tools to unlock data to
reveal brands core consumers and their characteristics across
marketing channels. Through its blockchain identification graph
technology platform, BIGtoken, SRAX has developed a
consumer-managed data marketplace where people can own and earn
from their data thereby providing everyone in the Internet
ecosystem choice, transparency, and compensation. SRAX's technology
and tools deliver a digital competitive advantage for brands in the
CPG, automotive, investor relations and lifestyle verticals by
integrating all aspects of the advertising experience, including
verified consumer participation, into one platform. For more
information on SRAX, visit www.srax.com.
About BIGtoken
BIGtoken, built by SRAX (NASDAQ:
SRAX), is a consumer data management and distribution system. BIG
is the first consumer managed data marketplace where people can own
and earn from their data. Through a transparent blockchain platform
and consumer reward systems, BIG provides consumers choice,
transparency and compensation for their data. Participating
consumers earn rewards, and developers are able to build
pro-consumer online experiences on top of the BIG platform. The
system also provides advertisers and media companies access to
transparent, verified consumer data to better reach and serve
audiences. For more information on BIGtoken, visit
www.bigtoken.com.
Safe Harbor Statement
This press release contains
certain forward-looking statements that are based upon current
expectations and involve certain risks and uncertainties within the
meaning of the U.S. Private Securities Litigation Reform Act of
1995. Words or expressions such as "anticipate," "plan," "will,"
"intend," "believe" or "expect'" or variations of such words and
similar expressions are intended to identify such forward-looking
statements. These forward-looking statements are not guarantees of
future performance and are subject to risks, uncertainties, and
other factors, some of which are beyond our control and difficult
to predict and could cause actual results to differ materially from
those expressed or forecasted in the forward-looking statements,
including, without limitation, statements made with respect to
expectations of our ability to increase our revenues, satisfy our
obligations as they become due, report profitable operations and
other risks and uncertainties, as set forth in our Annual Report on
Form 10-K and Quarterly Reports on Form 10-Q, as filed with the
Securities and Exchange Commission. All forward-looking statements
involve significant risks and uncertainties that could cause actual
results to differ materially from those in the forward-looking
statements, many of which are generally outside the control of
Social Reality and are difficult to predict. Social Reality
undertakes no obligation to publicly update any forward-looking
statements, whether as a result of new information, future events
or otherwise.
CONTACTS:
Kirsten
Chapman, LHA Investor Relations, 415-433-3777,
srax@lhai.com
Nicole Rodrigues, NRPR Group,
650-815–5069, Nicole@nrprgroup.com
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SOURCE SRAX