Mindpix (MPIX) Announces Agreement With PlayCoin to Expand Mindpix Services Offerings

Mindpix (MPIX) Announces Agreement With PlayCoin to Expand Mindpix Services Offerings

Mindpix Corporation (OTC Pink: MPIX) (PINKSHEETS: MPIX); "Mindpix" or the "Company"), a technology driven media services and entertainment company focused on owning, creating or managing multi-platform music/entertainment, sports and U.S. Hispanic media properties, today announced that the Company signed a strategic agreement with PlayCoin Entertainment for MPIX Services' Technology Partner Program, with the purpose of incorporating its BitPlayer transaction technology into the Company's service offering. 

MPIX Services has developed an advanced hyper-syndication and monetization platform for online multimedia content, this partnership provide MPIX consumers and clients another way to pay for multi-media music, entertainment and sports content -- by Bitcoin.

PlayCoin's BitPlayer technology facilitates Bitcoin transactions by simply passing Bitcoin Currency (BTC) from a user's wallet, operated by a bitcoin exchange, directly to the merchant in real-time at time of purchase minus a transaction fee. It does not hold a user's bitcoin and perform any function of a wallet other than being a money transmitter. BitPlayer's transaction method makes it a very safe and low risk transaction model in Bitcoin ecosystem, which is a rare positive attribute.

Kevin Barnes, Chief Executive Officer of PlayCoin, commented,

"With Mindpix's expansive global multi-platform media services offering comes the need to consider alternative forms of payment to accommodate their diverse consumer and customer base. We are pleased to partner with them and safely facilitate the utilization of bitcoin as a viable payment option for their market."

Adam Cohen, Chief Scientist of Mindpix Corporation, commented,

"Similar to our previously announced partnership and planned integration with Causora, PlayCoin's BitPlayer technology and software platform will enhance Mindpix's multi-platform media services offering by allowing consumers and customers to pay for content (Pay Per View) and transact in bitcoin giving companies an alternative payment gateway without regulatory, chargeback and other issues that comes with standard payment gateways. It will also incorporate donation functionality and will be complimentary to the Causora donation platform."

The two-year partnership between the companies provides each with co-marketing opportunities and technical support to ensure that they are meeting the programs objectives. Objectives include easy deployment and customer utilization, streamlined sales process, and customer referrals when appropriate. 

Mr. Cohen continued,

"Continued focus on the inclusion of complementary, value-add technology providers such as PlayCoin to our existing platform, expansion of our top line, customer base, and media services offering, will be carried into 2014 and beyond."

About PlayCoin Entertainment Corporation

PlayCoin Entertainment Corporation is a crypto currency payment solutions corporation. PlayCoin caters to various industries including the top media and entertainment companies by enabling their platform to accept micro payments via bitcoin. Partnering with entertainment and media partners to offer their customers more purchasing tools and choices to access digital offerings. 

Visit http://playcoinentertainment.com/ for more details. 

Check out their newly lunched crowd funding Facebook app 'Bitcoin', https://apps.facebook.com/bitcoincurrency/

About Mindpix Corporation

Mindpix Corporation (OTC Pink: MPIX) (PINKSHEETS: MPIX) is a technology driven multi-platform media company focused on owning, creating and/or managing multi-media entertainment and sports and US Hispanic properties across the globe. Through a unique eco-system, MPIX provides the critical on-line video technology, production, digital marketing, audience development, payment services, sponsor acquisition, digital and traditional media distribution services to drive revenue for live and VOD (video on demand) events globally.

MPIX disclosure and financial information is published on OTC Markets and can be found at the following site: http://www.otcmarkets.com/stock/MPIX/filings/

This press release contains 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 (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.

Related News

Vaultoro Seeks Additional Funding to Tackle Euro Market

Vaultoro, one of the world’s leading trading platforms for Bitcoin and gold, is raising additional funds to expand their services in the coming months. Additional team members will be recruited, and a new order book will be made available if this round of funding is successful. Whenever a Bitcoin company is looking to expand its operations, things are....

Bitcoin.com Announces Cooperation Agreement With Japanese Media CoinOtaku

PRESS RELEASE. Bitcoin.com, the go-to web portal for everything bitcoin, announced it reached a cooperation agreement with Japanese media CoinOtaku. A subsidiary of Beat Holdings Limited, CoinOtaku (CoinPartner) has over 900,000 views per month in its cryptocurrency portal and thousands of subscribers to its YouTube channel. In addition to the media business, Beat Holdings also owns Crypto Messenger Wallet – an app capable of showing news updates, price charts, messenger, and sending and receiving crypto assets. It is now possible for users to store Bitcoin Cash (BCH) on the wallet,....

Tribal Partners With Visa to Expand Its Offerings In Latin America

Tribal Credit, a crypto-focused payment and financing firm for startups providing advanced spend controls, has partnered with Visa to expand its financial tools offerings to small and medium-sized businesses in Latin America. The announcement made on Monday signifies the growing demand for blockchain-based payments instead of traditional ones. The collaboration with the world’s biggest payment […]

Costas Inc. Announces New Agreement for Digital Currency Transactions

Cypress-based digital media company Costas Inc. (OTC PINK: CSSI) has announced a new set of terms for Original Share Exchange Agreement with AuthentaTrade Inc., an Alberta-based digital currency exchange. The initial agreement would have brought Costas 48% of the AuthentaTrade shares in exchange for 250,000 shares of Costas, however, that deal has been shelved and a new agreement has been made with AuthentaTrade Ltd. (a Republic of Seychelles corporation, "AuthentaTrade Seychelles"). Considering the value added in AuthentaTrade Seychelles, Costas has negotiated an increase in shares used....

Crypto exchange FTX US closes $400M funding round to reach $8B valuation

The new funding will be put toward expanding FTX US' workforce and introducing new offerings. Chicago-based crypto exchange FTX US has reached an $8 billion valuation following new funding.According to Reuters on Wednesday, the American affiliate of FTX closed a $400 million funding round led by SoftBank Group Corp, Temasek Holdings, Paradigm and Multicoin Capital.FTX US president Brett Harrison said that this development puts their firm as one of the largest crypto exchanges in the United States, and sends a message to the world that they are growing very rapidly.Harrison indicated that....