Consentium unveils plans for app launch as it ramps up efforts to build and engage in-app communities

Product name:Consentium unveils plans for

2018/07/03 update

Industry:finance insurance

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<p class="MsoNormalCxSpFirst" style="margin-left: 36pt; text-indent: -18pt; border-width: initial; border-style: none; text-align: left;"><!-- [if !supportLists]--><span lang="EN" style="font-family: 'Noto Sans Symbols'; mso-fareast-font-family: 'Noto Sans Symbols'; mso-bidi-font-family: 'Noto Sans Symbols'; color: black; mso-themecolor: text1;">●<span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: 'Times New Roman';">        </span></span><!--[endif]--><span lang="EN" style="color: black; mso-themecolor: text1;">In August, an Android version will be rolled out while the iOS version will be rolled out in September</span></p>
<p class="MsoNormalCxSpMiddle" style="margin-left: 36pt; text-indent: -18pt; border-width: initial; border-style: none; text-align: left;"><!-- [if !supportLists]--><span lang="EN" style="font-family: 'Noto Sans Symbols'; mso-fareast-font-family: 'Noto Sans Symbols'; mso-bidi-font-family: 'Noto Sans Symbols'; color: black; mso-themecolor: text1;">●<span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: 'Times New Roman';">        </span></span><!--[endif]--><span lang="EN" style="color: black; mso-themecolor: text1;">The integration of the Chat Community Monetisation Model (CCM) will be completed across all platforms by October </span></p>
<p class="MsoNormalCxSpMiddle" style="margin-left: 36pt; text-indent: -18pt; border-width: initial; border-style: none; text-align: left;"><!-- [if !supportLists]--><span lang="EN" style="font-family: 'Noto Sans Symbols'; mso-fareast-font-family: 'Noto Sans Symbols'; mso-bidi-font-family: 'Noto Sans Symbols';">●<span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: 'Times New Roman';">        </span></span><!--[endif]--><span lang="EN" style="color: black;">Consentium coins (CSM) are currently listed on HitBTC and will be list</span><span lang="EN">ed<span style="color: black;"> on </span>CMC Markets, followed by KuCoin<span style="color: black;"> in the coming months</span></span></p>
<p class="MsoNormalCxSpMiddle" style="margin-left: 36pt; text-indent: -18pt; border-width: initial; border-style: none; text-align: left;"><a name="_nukm6om9jtkl"></a><!-- [if !supportLists]--><span lang="EN" style="font-family: 'Noto Sans Symbols'; mso-fareast-font-family: 'Noto Sans Symbols'; mso-bidi-font-family: 'Noto Sans Symbols'; color: black; mso-themecolor: text1;">●<span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: 'Times New Roman';">        </span></span><!--[endif]--><span lang="EN" style="color: black; mso-themecolor: text1;">With 15 years of experience in the social media networking application and platform field, Ekaterina Skorobogatova has held roles at Facebook, Instagram and WhatsApp, now joins the team as an Advisor</span></p>
<p class="MsoNormal" style="border: none; mso-padding-alt: 31.0pt 31.0pt 31.0pt 31.0pt; mso-border-shadow: yes;"><a name="_gjdgxs"></a><strong style="text-align: justify;"><span lang="EN">Singapore, July 02, 2018</span></strong><span lang="EN" style="text-align: justify;"> - <a href="https://consentium.net/"><span style="color: #1155cc; background-repeat: initial; background-color: white;">Consentium</span></a><span style="color: #222222; background-repeat: initial; background-color: white;">, a multi-digital-currency and group monetisation chat </span><span style="color: black; background-repeat: initial; background-color: white;">application, </span><span style="color: black; mso-themecolor: text1;">has today announced an updated roadmap which includes details on its app launch and latest addition to its leadership team. This follows its successful Token Generation Event (TGE) earlier in April this year.</span></span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="color: #222222;">Consentium allows peer-to-peer (P2P), multi-digital-currency and C2C (consumer-to-consumer) transfers between users. It offers a transactional fee redistribution program as an incentive to create and cultivate strong in-app communities. Consentium uses a reward system based on creation of quality community groups – comprising both amount of users, as well as in-app reputation of users.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="color: #222222;">In an effort to cultivate and engage users, the Consentium app – which will first be rolled out on Android platforms on 1 August, followed by iOS on 10 September – will also be made available in English, Chinese, Korean, Japanese and Arabic. This underscores its intention to engage key markets in Asia where user mobile engagement rates are high and the cryptocurrency space has matured rapidly in recent months. Consentium also expects to fully integrate its Chat Community Monetisation Model (CCM) across all platforms by October 2018.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="color: #222222;">The Consentium app will include two salient features to leverage on the popularity of mobile chat applications and the transactions of cryptocurrencies; the chat community and the multiple digital (C2C) currency wallet, which allows peer-to-peer interactions at both individual and group levels. The chat feature allows individuals to create, share, communicate and produce unique content through 1-to-1 chats with other individuals, or create chat groups and channels via communities for brands and influencers. This allows for multiple monetisation opportunities across one integrated platform, applicable to different communities.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="color: #222222;">Joining the team to help drive these developments is Ekaterina Skorobogatova. Her 15 years of experience in the social media networking application and platform field will greatly contribute to the app’s development. She most recently led growth efforts at WhatsApp Inc., and prior to that, spearheaded the launch of Facebook in Russia. Ekaterina has also taken on other roles within Facebook and Internet Org, working in teams which focused on mobile growth and product development respectively.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span lang="EN" style="color: #222222;">These updates build on the existing momentum Consentium has achieved in the past two months. </span><span lang="EN"><a href="https://megaxstore.com/"><span style="color: blue;">MegaXstore</span></a><span style="color: #222222;">, a Singapore-owned multi-label store now accepts Consentium coins (CSM) as a payment currency for its products having </span><a href="https://medium.com/consentium/pay-with-consentium-coins-on-megaxstore-326ef16cee9"><span style="color: blue;">announced a partnership in April</span></a><span style="color: #222222;">. CSM is also now listed on </span><a href="https://hitbtc.com/"><span style="color: blue;">HitBTC.com</span></a><span style="color: #222222;">, the world’s most advanced cryptocurrency exchange, and will soon be listing on </span><a href="https://www.cmcmarkets.com/en-sg/platform"><span style="color: blue;">CMC Markets</span></a><span style="color: #222222;">, followed by </span><a href="https://intro.kucoin.com/"><span style="color: blue;">KuCoin</span></a><span style="color: #222222;">. Listing on HitBTC will support the ongoing liquidity of CSM and enhance its utility by allowing consumers and potential users of the Consentium app gain easy access to the tokens.</span></span></p>
<p class="MsoNormal" style="text-align: justify; line-height: normal;"><span lang="EN" style="color: #222222; background-repeat: initial; background-color: white;">Interested users may visit its website at </span><span lang="EN"><a href="http://www.consentium.net/"><span style="color: #1155cc; background-repeat: initial; background-color: white;">www.consentium.net</span></a><span style="color: #222222; background-repeat: initial; background-color: white;"> and view its whitepaper to learn more about its groundbreaking features and capabilities.</span></span></p>
<p class="MsoNormal" style="text-align: center; line-height: normal;" align="center"><span lang="EN" style="color: #222222; background: white; mso-highlight: white;"><span style="mso-spacerun: yes;">                </span>-ENDS-</span></p>
<p class="MsoNormal" style="text-align: justify; line-height: normal;"><strong><span lang="EN" style="color: #222222; background-repeat: initial; background-color: white;">About Consentium</span></strong></p>
<div style="mso-element: para-border-div; border: none black 1.0pt; mso-border-alt: none black 0cm; padding: 0cm 0cm 0cm 0cm;">
<p class="MsoNormal" style="text-align: justify; line-height: normal; border: none; mso-border-alt: none black 0cm; padding: 0cm; mso-padding-alt: 0cm 0cm 0cm 0cm; mso-border-between: 0cm none black; mso-padding-between: 0cm;"><span lang="EN" style="color: #222222; background: white; mso-highlight: white;">Consentium is a new chat application, which is the first to reward its users with cryptocurrency for virtually any group or community they create</span><span lang="EN" style="color: black;">. </span><span lang="EN">The cryptocurrency, Consentium Coins (CSM), generated on the platform are based on the Ethereum platform, which is the world’s largest leading smart contract blockchain.</span></p>
<p><strong>For Media Enquiries</strong></p>
<p>PRecious Communications for Consentium</p>
<p>T: (65) 6303 0567</p>
<p>E: consentium@preciouscomms.com</p>
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