Mobiquity Technologies Selected by BlockBusters Liquidity Injection Protocol to Provide Data and Digital Advertising Solutions
July 08 2022 - 9:00AM
Mobiquity Technologies, Inc. (NASDAQ: MOBQ) (the “Company”), a
leading provider of next-generation advertising technology, today
announced, it has been selected by BlockBusters, a DeFi software
development company, as its data and programmatic advertising
provider.
BlockBusters is a DeFi software development
company with the goal of transitioning traditional web 2.0
companies into web 3.0 cryptographic-capable companies.
BlockBusters is tokenizing industries one by one in order to
amplify their ability to function in a new technological
paradigm.
One example utility is converting current websites to web 3.0
functioning websites. There are currently 455 million websites on
WordPress, configured using a centralized (web 2.0) system. By
using the BlockBusters utility, they will provide an easy on-ramp
for those 455 million websites to convert to a web 3.0
de-centralized configuration. The company will be offering
additional utilities to assist today’s businesses as they
transition into web 3.0.
Don Bailey, CEO of BlockBusters, said, “Our goal is to hasten
crypto adoption by providing the bridge between current
technologies and blockchain technologies. In order to reach new
stakeholders outside of the current cryptosphere, we have partnered
with Mobiquity to break out of the normative crypto marketing
mindset and extend our message to new audiences.”
Sean Trepeta, President of Mobiquity Networks, said, “We are
extremely excited to add BlockBusters to our rapidly growing list
of Crypto Partners who are benefitting from our Crypto Core and
Crypto Curious audiences. It’s particularly interesting how
BlockBusters created a token that allows users to benefit from a
compounded rewards model. They reflect tokens that inherently
reflect other tokens, which means users participate in multiple
ecosystems.”
About Mobiquity
TechnologiesMobiquity Technologies, Inc. is a next
generation, Platform-as-a-Service (PaaS) company for data and
advertising. The Company maintains one of the largest audience
databases available to advertisers and marketers through its data
services division. Mobiquity Technologies’ Advangelists subsidiary
(www.advangelists.com) provides programmatic advertising
technologies and insights on consumer behavior. For more
information, please visit: https://mobiquitytechnologies.com.
About BlockBustersBlockBusters is a DeFi
software development company with the goal of transitioning
traditional web 2.0 companies into web 3.0 cryptographic-capable
companies. We are tokenizing industries one by one in order to
amplify their ability to function in a new technological
paradigm. For more information, please visit
https://bbtftoken.com.
Safe Harbor StatementThis press
release contains forward-looking statements. These statements are
made under the "safe harbor" provisions of the U.S. Private
Securities Litigation Reform Act of 1995. Statements that are not
historical facts, including statements about the Company's beliefs
and expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties, and a number
of factors could cause actual results to differ materially from
those contained in any forward-looking statement. In some cases,
forward-looking statements can be identified by words or phrases
such as "may", "will," "expect," "anticipate," "target," "aim,"
"estimate," "intend," "plan," "believe," "potential," "continue,"
"is/are likely to" or other similar expressions. Further
information regarding these and other risks, uncertainties or
factors is included in the Company's filings with the SEC. All
information provided in this press release is as of the date of
this press release, and the Company does not undertake any duty to
update such information, except as required under applicable
law.
Mobiquity Technologies, Inc. Investor
Relations:
Columbia Marketing GroupEmail:
john@TheColumbiaMarketingGroup.comPhone: 646-736-1900
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