Wednesday, December 15, 2021

MissionIRNewsBreaks – Tingo Inc.’s (IWBB) Majority Shareholder, Tingo International Holdings, and Cornucopias Join Forces with the Cardano Project

 Cardano Blockchain has achieved a ground-breaking year in 2021 as it releases its next phase of the decentralized infrastructure that will change the world forever. Followers of the Cardano project are aware that CEO Charles Hoskinson has made it his personal goal to “bank the unbanked” and has a personalized mission to change the fortunes of the 1.2 billion people who live in Africa. Tingo International Holdings, the majority shareholder of Tingo Inc. (OTC: IWBB), which recently acquired Tingo Mobile PLC in Nigeria, and Cornucopias have joined forces with Cardano to create an extremely powerful partnership focused on growing the economy of the West African country of Nigeria. Already delivering significant social impact in Nigeria with its unique rural communities-based business model, Tingo has amassed 10 million customers, primarily Nigerians working in the critically important agricultural sector, supplying them all with mobile phones. A mission-driven company, Tingo aims to be Africa’s leading agri-fintech player by transforming rural farming communities to connect through a unique device-as-a-service model, providing access to an extensive ecosystem that meets their complete needs, from inputs, agronomy, off-take, fintech and digital agri-marketplace, which impactfully delivers sustainable income for customers. Cornucopias has positioned itself to combine technologies that will not only result in an amazing play-to-earn game but also combine build-to-earn and learn-to-earn functionality, making it one of the first projects to truly understand and harness the power of the metaverse. Under the new partnership, Tingo and Cornucopias will show how different technologies can combine to change the lives of millions of people using blockchain. “Cornucopias will create a learn-to-earn programme aimed at Tingo customers with a focus on coding, blockchain, DeFi, IOT, UX/UI design, etc., but also including agri-tech, agri-business and agriculture,” said Josh Jones, CMO of Cornucopias. “We see innovation in education as a crucial part of value creation in the metaverse and aim to utilize existing partnerships to add value to Tingo customers.”

To view the full press release, visit https://ibn.fm/1gwtb

About Tingo International Holdings

Tingo is a unique agri-fintech company using smartphones to deliver a marketplace that enables 10 million subscribers to manage their commercial activities of growing and selling their products to market participants. The ecosystem provides a one-stop-shop solution to enable subscribers to manage everything from airtime top-ups, bill pay services for utilities and other service providers, access to insurance services, and microfinance to support their value chain from seed to sale. Tingo has two innovative platforms: Nwassa, Africa’s first digital agriculture ecosystem, and Tingo Pay, a mobile payment gateway. Tingo International Holdings is a majority shareholder in Tingo Inc., which owns 100% of Tingo Mobile PLC in Nigeria. The company has recently agreed to acquire Coinfield, a leading European crypto exchange that operates in 198 countries.

NOTE TO INVESTORS: The latest news and updates relating to IWBB are available in the company’s newsroom at https://ibn.fm/IWBB

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

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