Phunware Offers Phun Utility Token Globally
June 25 2019 - 8:27PM
Business Wire
Phunware, Inc. (NASDAQ: PHUN) (the “Company”), a
fully-integrated enterprise cloud platform for mobile that provides
products, solutions, data and services for brands worldwide,
announced that Phun utility tokens are now available for purchase
in international markets.
“Phun is a new utility token that enables the international
community to participate in our blockchain-enabled data exchange
and mobile loyalty ecosystem as we drive towards mainstream global
adoption and future exchange listings,” said Randall Crowder, Chief
Operating Officer of Phunware.
Phunware is an Austin, Texas, headquartered Company with 10
years of success working with the world’s largest organizations.
Whether it is enabling immersive gaming and movie experiences for
Paramount Pictures International, powering Juniper, Cisco or HP
Aruba hardware for app-enabled location services or integrating
Electronic Health Records (EHRs) like Epic or Cerner for patient
experiences in healthcare, Phunware’s Multiscreen as a Service
(MaaS) offerings have been helping Global 1000 companies
standardize and optimize their engagement, management and
monetization initiatives for iOS and Android devices and audiences
across hundreds of thousands of app transactions per second
worldwide.
“Our MaaS platform reaches over 1 billion unique devices per
month and processes an average of over 4 billion events per day
worldwide,” said Alan S. Knitowski, Co-Founder and Chief Executive
Officer of Phunware. “Prior to going public at the end of last
year, our major strategic investors included Cisco Systems,
Samsung, WWE and PLDT, while our mobile solution set addressed the
software, data and app needs of organizations as far ranging as the
NFL, NASCAR and the Olympic Games in sports to their equivalent
peers in verticals including retail, real estate, healthcare,
technology, aviation and hospitality.”
To comply with the current regulatory landscape, Phunware
recently launched its dual token structure. While Phun is a utility
token that enables consumers to monetize their digital activity as
they engage in profitable behavior with brands, PhunCoin remains a
compliant security token that enables consumers to monetize their
digital identity and offers token holders a PhunCoin dividend.
Given the current regulatory environment, Phun will initially
only be available outside the United States and Canada. Investors
outside the United States and Canada can purchase Phun by
registering on https://buy.phuntoken.com/.
For more information on Phun, visit https://www.phuntoken.com/
or email phun@phunware.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190625006051/en/
PR & Media Inquiries: Brent Brightwell
bbrightwell@phunware.com T: (512) 693-4199 x6604
Investor Relations: Phunware, Inc.
investorrelations@phunware.com T: (512) 693-4199
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