Nfusz Inc (OTCMKTS:FUSZ) has been charging out of the gate in 2018. Since the start of the year, FUSZ is up more than 400% adding about $0.40 in value since January 1st. FUSZ operates as a digital tech company specializing in audio-visual marketing campaigns, but, recently, FUSZ announced a blockchain technology aspect that would act as an incentive for customers to view their video ads.
“The massive revenue stream generated in online advertising is based almost entirely on the number of views a piece of advertising content generates. Isn’t it about time that we allow the people responsible for generating that revenue – the viewer’s themselves – to participate in that income opportunity,” states FUSZ CEO Rory J. Cutaia. “Our plan is to create an entirely new ecosystem for the distribution of advertising revenue utilizing some of the latest innovations in blockchain technology and crypto-currency.”
Nfusz Inc (OTCMKTS:FUSZ) formerly bBooth, Inc., is focusing on the manufacture and operation of Internet-connected, kiosk-sized, audio-video recording studios, branded and marketed under the name of bBooth, which are integrated into a social media, messaging, gaming, music streaming and video sharing application. The Company’s business has evolved from one-based mainly on its mall-based bBooth kiosks and mobile applications, focused on talent discovery, to a cloud-based, enterprise level platform, tentatively branded as NOTIFI, developed to address markets that includes corporate users, consumer brands and media companies, among others, seeking internal and external messaging and communications capabilities. Offered through bBoothTech, the Company’s technology licensing division, the NOTIFI platform is a fully integrated mobile, desktop and Web-based application, with back-end administration and data collection capabilities. It has not generated any revenues.
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This blockchain incentive and proposed ecosystem comes just days after the company announced the release of Entourage, an interactive video-based customer relationship management solution.
Entourage addresses virtually all the challenges faced by network marketers, as it eliminates sales skill requirement, lack of training and compliance in the race to reach out to a much more significant target market.
“Now, anyone can sell. You no longer need selling skills, you don’t even have to have technical skills. You don’t have to import your own videos, you don’t have to make your own videos, you don’t even have to learn how to make videos interactive — even though it’s very simple with notifiCRM — all you have to do is sign-up, log-in, import your contacts, and it’s done,” said Mr. Cutaia.
FUSZ has been seeing increased volume after this news and investors are putting their support behind the value proposition. 10-day volume stands at 2.49M and further growth is possible as this initiative rolls out.
Nfusz Inc (OTCMKTS:FUSZ) has a market cap of $61.5M and a float of 79.71M. FUSZ is an exciting stock on the OTC and there is an opportunity here for the company and potential shareholders. In addition, FUSZ is increasing its credibility in this sector and that could lead to more eyes down the line. We will be writing updates as more news colors out for this company. Sign-up for continuing coverage on shares of $FUSZ stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: we hold no position in $FUSZ, either long or short, and we have not been compensated for this article.