Cordia to expand cryptocurrency initiatives Other OTC: CORG
LOS ANGELES, March 8, 2021 (GLOBE NEWSWIRE) – Cordia Corporation (OTC: CORG) today announced that it will step up efforts to integrate cryptocurrency rewards into its upcoming virtual restaurants.
The company created what it believes to be the first cryptocurrency rewards program in the food delivery industry last year. Snackpass app users had the opportunity to win a popular cryptocurrency called MORE Coin (www.mre.live) as a reward for frequent orders from the company’s virtual locations in Las Vegas.
Cordia saw an increase in cryptocurrency user activity in the point of sale which awarded the MORE coin to customers. The company has also seen additional engagement on its social media channels and received direct requests regarding cryptocurrency and food delivery. The results, even taking into account the effects of the pandemic, are encouraging.
Based on the data received from the pilot program, the company is developing a proprietary crypto reward program for use on all of its virtual brands. Customers will earn exclusive crypto rewards in the form of a digital token by frequenting Cordia virtual restaurants. Specific perks, tier levels, and a potential cryptocurrency exchange listing for the token will be announced closer to the launch date.
In addition to reward points, Cordia plans to include celebrity and branded NFTs for specific virtual restaurants. Non-fungible tokens (NFTs) are unique digital assets that cannot be replicated. Collectible cards, short videos, and artwork are expected to be part of the company’s initial NFT offerings alongside the launch of its celebrity virtual restaurants.
âWe are excited to expand our crypto incentive programs. We believe that having a crypto rewards program will allow us to reach new audiences, give us a significant advantage in the food delivery industry, and provide real additional value to our network of restaurant partners and potential franchisees. . Our NFTs will take the idea of ââprice with your meal to another level as they are digital and should be highly collectable, âadded Peter Klamka, President of Cordia Corporation.
The company is currently developing virtual restaurants with Denise Richards, Carmen Electra, Busta Rhymes and Holly Sonders. Cordia is in talks with several world-class athletes, renowned artists and video games for future app-based restaurants.
This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities & Exchange Act of 1934, as amended, with respect to the realization business goals, including developing a cryptocurrency reward program, completing negotiations for additional virtual restaurants, creating collectibles that the general public wants to buy, and developing virtual restaurants. The plans of the company described above and otherwise are conditional on adequate funding, of which there is no guarantee. Nothing in this press release should be interpreted as any indication of future financial results, income or share price of the Company. These statements are made under the “Safe Harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those of the forward-looking statements contained herein. document.