This is big news for the NEM Foundation.
Remark: This is not the company behind SnapChat, but another big company:
Snap Interactive, Inc. (“SNAP”) (OTCQB: STVI) is a leading provider of live video social networking applications building on innovative technologies such as blockchain. SNAP’s product portfolio includes Paltalk and Camfrog, which together host one of the world’s largest collections of video-based communities, and FirstMet, a prominent interactive dating brand serving users 35 and older. The Company has a long history of technology innovation and holds 26 patents related to video conferencing and online gaming.----------------------
Globally Recognized Blockchain Pioneer, Lon Wong, to Advise Snap Interactive on Blockchain Strategy and Execution
NEW YORK, NY / ACCESSWIRE / January 3, 2018 / Snap Interactive, Inc. ("SNAP," the "Company," "we," "our" or "us") (OTCQB: STVI), a leading provider of live video social networking applications building on blockchain and other innovative technologies, today announced that it has appointed globally recognized blockchain pioneer and innovator, Lon Wong, to its Blockchain Advisory Board. Mr. Wong will be advising SNAP on its strategic development of blockchain initiatives as the Company extends its efforts to capture the growth and value creation potential of this emergent technology. Mr. Wong is currently the President of the international NEM.io Foundation Ltd. ("NEM Foundation"), which actively educates, develops and promotes the use of the NEM blockchain technology platform on an international scale. Significant developer adoption has fueled NEM's XEM coin to obtain a market capitalization ranking in the top 10 of all crypto-currencies.
"It is an honor to be invited to join SNAP's Blockchain Advisory Board. SNAP's move into the blockchain space brings many opportunities to apply the technology effectively to new secure live video solutions and I look forward to working together," commented Mr. Wong.
Alex Harrington, CEO of SNAP, commented, "Lon is one of the world's leading technologists and pioneers in blockchain, and it will be a great privilege to work closely with him on our development initiatives. Lon's deep technical expertise and extensive industry experience as an early innovator of blockchain technologies will both be amazing assets to draw upon as we further the development of Backchannel, our secure video messaging application, and expand other blockchain initiatives."
http://www.irdirect.net/prviewer/release/id/2874483http://www.snap-interactive.com/press-releases/http://www.snap-interactive.com/investor-relations/blockchain-advisory-board/---- FOLLOW NEM ----
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