Litecoin Foundation and OBC Collaboration

RNS Number : 1191X

Online Blockchain PLC

26 August 2020

 

News Release

August 26^th, 2020

Litecoin Foundation and Online Blockchain

Collaboration Makes Litecoin News Mainstream

- Educational content for 29 million investors on ADVFN global financial network -

Online Blockchain plc (LSE:OBC), the UK's leading listed blockchain company, is working with The Litecoin Foundation to bring Litecoin news directly to a vast investor audience. 

Users of leading stocks, shares and crypto website ADVFN - of which Online Blockchain has an approximate 18% holding - now have access to The Litecoin Foundation Newsletter, which provides the latest news, articles and market sentiment about Litecoin.  

ADVFN is hosting on its global network of financial websites a PlusOneCoin ( https://www.plusonecoin.org/ ) faucet promotion that rewards cryptocurrency enthusiasts for signing up to the newsletter. The faucet can be found here on uk.advfn.com.

PlusOneCoin, Online Blockchain's social media cryptocurrency, is used by hundreds of thousands of ADVFN's 29 million annual global unique users. Anyone registered on ADVFN can apply the listed currency ( PLUS1BTC ) to up-vote and amplify valuable content to their peers. The author of the content is rewarded with PlusOneCoin directly into their integrated wallet.[i] PlusOneCoin can be traded on several exchanges outside of ADVFN and therefore has a real world monetary value. 

"ADVFN has a large, engaged audience with a high aggregate net worth, who are increasingly skilling up on cryptocurrencies," said Matthew Collom, Sales Director at ADVFN. "This collaboration will actively educate our audience about Litecoin's progress in becoming the new global payments standard."

"The Litecoin Foundation is happy to partner with ADVFN, their data driven audience being so in touch with the latest information, makes us a perfect fit," said Jay Milla, Director of Marketing at The Litecoin Foundation. 

- Ends -

NOTES TO EDITORS

Press/media enquiries: Francesca De Franco -  [e-mail]  / 0794 125 3135

Online Blockchain PLC

Clement Chambers (CEO)
[e-mail]

ADVFN PLC

Matthew Collom (Sales Director)

[e-mail]  

About Litecoin Foundation
 

The Litecoin Foundation is a non-profit organization whose mission is to advance Litecoin for the good of society by developing and promoting state-of-the-art blockchain technologies. Registered in Singapore, the Foundation is comprised of full time and volunteer support from around the globe. For more information, visit  https://litecoin-foundation.org .

About Online Blockchain plc (LSE:OBC)

Online Blockchain (www.onlineblockchain.io) is a UK-based incubator and developer of businesses in internet and information-based technologies, including developers, administrators and custodians of blockchains and cryptocurrencies. The Company created ADVFN www.advfn.com and today still has a holding of 17.98% in ADVFN plc.

Online Blockchain plc continues to consider new related opportunities and particularly crypto currencies and blockchain-based opportunities including incubating cryptocurrency start-ups and developing technical innovation in the blockchain space. Led by a team with over two decades of pioneering in tech, Online Blockchain focuses on innovation in cryptocurrency and decentralised ecosystems via various applications of blockchain: incubating cryptocurrency start-ups and developing technical innovation in the blockchain space.

Appendix:  Key Definitions

Faucet

In the world of crypto, a faucet is a website/application that 'drips' different types of cryptocurrencies, which a person can claim for free at intervals. The idea is these small drips, when collected regularly, can accumulate into a sizeable chunk of cryptocurrency.

Originally for bitcoin (BTC), faucets can actually contain anything from Ethereum (ETH), Litecoin (LTC) and Monero (XMR) to the newest alt coins on the market. https://freefaucet.io/freebitcoin.html

Wallet

Cryptocurrencies have no physical form they only exist in the online digital world. When you own cryptocurrency, you have long strings of numbers that make up the digital keys that define the coin. When people send you some cryptocurrency they need to know where to send it to. That place is your wallet. The wallet is an address plus the keys that unlock the wallet. The 'balance' of the wallet is the net of the transfers in and out, which are recorded in the blockchain. Your wallet is protected by keys which are used to sign transactions. The keys are like a secret password. https://uk.advfn.com/cryptocurrency/bitcoin-guide/bitcoin-wallets

 

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[i]All ADVFN registered users automatically receive a wallet

 

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