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SponsorsOne Corporate Update on the Development of its Digital Currency - xCredit



SponsorsOne Brands Inc.

Waterloo, Ontario / TheNewswire / December 19, 2017: SponsorsOne Inc. (CSE: SPO) (Frankfurt: 5SO) (the “Company”), has developed the SponsorsCloudTM platform to support the world’s first scalable digital currency for social networks called the xCredit.  xCredit support smart contracts between Brands, Consumers and Influencers to automatically determine compensation for authentic social engagement.

“For the first time, Brands can build their own proprietary communities around their products and compensate the consumer for authentic word-of-mouth marketing,” stated Myles Bartholomew, Founder and CEO of SponsorsOne.  “Each time an xCredit is issued, the smart contract automatically determines the compensation.  As the community builds around the Brand the intelligence generated from digital contract execution allows the Brands to optimize their return on marketing.”

xCredit is a digital currency governed by smart contract technology that has tokenized sponsorship between Brands and Consumers.  As the consumer advances through the sponsorship levels, as defined by the smart contract, their discount and compensation increase.  Smart contracts, which are dynamically customized by the Brands after they are issued will tune the engagement until the Brands ultimate ROI is achieved and their optimal community is built. Smart contracts become intelligent by rewriting themselves to optimize Brand performance.

The SponsorsCloudTM platform has been developed and “stress” tested to support millions of users conducting millions of transactions per minute, utilizing minimal server resources and electrical power. xCredit uses an encrypted and optimized centralized transaction server connected to distributed digital wallets to settle currency transactions in microseconds with minimal computing resource. SponsorsCloudTM  uses a patent pending process that can scale to hundreds of millions of users conducting transactions with a trusted centralized and secure server at minimal cost, reducing SPO’s operating costs needed for computing resources.

Overall, SponsorOne’s xCredit digital currency and smart contract architecture provides a low cost digital currency solution for Brands to connect and engage with their Customers delivered with minimal computing costs.

Currently, the Company is getting ready to launch within the fashion, beauty, specialty food, film production and eGaming sectors supporting creative and innovative Brands and Influencers.  SponsorsCloudTM is near completion and will be launched in early 2018.

About SponsorsOne:

SponsorsOne is positioned as a leader in the next evolution of social digital marketing with the SponsorsCloudTM platform and its highly scalable digital – smart contract based currency called xCredit.  Combined, this allows Brands to build and manage their own proprietary and highly engaged digital ad networks within the social realm. The SponsorsCloudTM platform allows for data driven marketing campaigns that will change the way brands connect to their customers and compensate the consumer for authentic engagement using the xCredit digital currency.  SponsorsCloudTM is a tool for brands to inspire real movements around their products and services in which their most valuable customers become their best salespeople, producing far greater ROI than current social media advertising methods.

SponsorsOne is the creator of a proprietary Social Sponsorship Digital Currency that gives consumers real compensation for their authentic social media engagement (blogs, videos, tweets, pins and posts) along with a Social Marketplace to exchange their social currency for products and services with the brands they love. SponsorsCloud will operate the currency exchange and the settlement for each currency transaction surrounding the xCredit.

ON BEHALF OF THE BOARD

Gary Bartholomew, Executive Chairman

Tel: 647.400.6927

To learn more please visit http://sponsorsone.com

Or http://www.sponsorsone.com/de/


The Canadian Securities Exchange (“CSE”) has neither approved nor disapproved the contents of this Press Release.

Forward-Looking Statements

This news release contains forward-looking statements and information that are based on the beliefs of management and reflect the Company’s current expectations. When used in this news release, the words “estimate”, “project”, “belief”, “anticipate”, “intend”, “expect”, “plan”, “predict”, “may” or “should” and the negative of these words or such variations thereon or comparable terminology, are intended to identify forward-looking statements and information. Such statements and information reflect the current view of the Company with respect to risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information.

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