The Extra You Name, The Extra You Earn
LOS ANGELES, April 19, 2022 /PRNewswire-PRWeb/ — Android cellular customers in all places can now earn bitcoin for one thing they’re already doing – making cellphone calls to mates, household and companies. That is the worth proposition behind The Bitcoin Dialer, the latest function on the favored Android dialer app, Vyng.
Vyng has constructed a beloved dialer app utilized by thousands and thousands of customers – particularly in rising markets like South Asia, Latin America, and Africa. The Vyng dialer enhances calls by pushing distinctive picture and video content material to the lock display screen of the particular person receiving the decision. The Vyng dialer additionally options Caller ID, Spam Name Blocking, Video Caller ID, Video Ringtones, Name Messaging and far more.
Its newest innovation, The Bitcoin Dialer, rewards customers with micropayments of SATOSHIS or “SATS” (a small quantity of Bitcoin) merely for making the calls they already make. These SATS can then be redeemed to any Bitcoin pockets.
On April 4, 2022, Vyng introduced a $5 million spherical of financing. Vyng is a Los Angeles based mostly startup backed by March Capital Companions, Newbound Enterprise Capital, Alpha Edison and Omidyar Community.
“Everybody needs to be part of bitcoin and the promise of digital currencies, however are held again by monetary constraints or technical know-how. You could have to enroll in an change, join a checking account, get a pockets after which even have cash to change,” says CEO and co-founder Paul Kats. With Vyng, after making their first name of the day, customers are capable of spin a ‘digital wheel’ to find out how a lot bitcoin they obtain. “Each spin ends in a reward, various from 10 SATS as much as 5,000. Customers also can present an extra spin by including a visible ‘name message’ once they name a good friend. It lets the good friend know why you’re calling.”
As soon as redeemed, customers will be capable to switch their earnings to its associate pockets app–Bitcoin Libre–to carry or change for one more forex. Bitcoin is amongst the very best performing asset lessons during the last decade rising in worth from $100 in 2013 to $47,000 at present. Bitcoin can also be much less risky than the native forex in most of the markets that use Vyng.
Kats additionally explains how customers will quickly be capable to earn tokens in different methods, together with serving to determine spam numbers, inviting mates, finishing surveys, and making and getting calls from companies. The extra you take part and contribute to the general ecosystem, the extra rewards you’ll obtain.
Vyng has spent a number of years growing Mental Property to carry visible content material to each cellular lock display screen worldwide, releasing a number of cellular apps, triggering over 5,000,000,000 lock display screen movies, and attaining 17 US patents plus 2 pending, with energetic filings in six main international locations. Income from companies, who pay to extend reply charges from 25 % to as a lot as 70 %, permits Vyng to reward customers for enterprise interactions, purchases and different app utilization.
“Bitcoin is a bankless financial institution that anybody with a mobile phone can use. Within the US, we’ve got 96% of the inhabitants with entry to financial institution accounts and instruments like Venmo and Money App. In the meantime, there are 2 billion folks worldwide who would not have entry to any monetary providers for saving, lending, or sending and receiving. The odds are particularly excessive in growing nations – resembling India, Nigeria, and Brazil. Anybody with a mobile phone can use Bitcoin.” says Ben Sigman, who conceptualized Bitcoin Libre as a consumer-friendly device for anybody to have the ability to ship and obtain Bitcoin wherever on the earth free of charge.
About Vyng
Vyng has constructed a next-generation Caller ID platform that visualizes each name, serving to begin higher conversations between mates, household, and companies for the following half billion smartphone customers in India and past. Since its launch in 2018, Vyng has performed 5 billion movies performed throughout 170 international locations. The corporate has raised $12MM and is backed by March Capital, Omidyar Community, Newbound Enterprise Capital, and Alpha Edison.
Media Contact
Cara Konowalchuk, Wheels Up Collective, 610-724-5172, cara@wheelsupcollective.com
SOURCE Vyng
