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Hello Pal Enters into Letter of Intent with UniCrypt Group
The letter of intent provides that UniCrypt and Hello Pal will enter into a collaboration agreement (the "Collaboration Agreement") whereby the Company will incorporate UniCrypt's cryptocurrency-related services into the Company's Hello Pal suite of apps. The services to be provided include AML-5 compliant non-custodial digital wallets and the ability for users to trade cryptocurrencies and transfer their digital assets over UniCrypt's decentralized trading platform.
A key advantage to utilizing UniCrypt services is the seamless onboarding of new users due to its efficient and easy to use registration process. This advantage will be crucial in the Company's plans to integrate cryptocurrencies into its Hello Pal Platform, and especially in its livestreaming services. Furthermore, as the Company's livestreaming operations continue to expand to new markets, cross-border payments become more and more relevant, and UniCrypt's services are expected to be a distinct advantage.
KL Wong, Chairman of Hello Pal states,
To download Hello Pal please visit the IOS or Android store. For information with respect to the Company or the contents of this news release, please contact the Company, Gunther Roehlig , interim CFO and director of Hello Pal, at (604) 683-0911 or visit the website at hellopal.com. Email inquiries can be directed to: investors@hellopal.com.
The Hello Pal Platform is a proprietary suite of mobile applications built on a user-friendly messaging interface that focus on social interaction, language learning and travel. Hello Pal, has been designed from the ground up to be easy to use and enables users' the freedom to speak in their own language regardless of the other person's language they are speaking to. Hello Pal's overriding mission is to bring the world closer together through social interaction, language learning and travel. By creating a platform where it is easy to instantly interact with others around the world and giving them the tools to communicate with each other in a joyful and fun way, we hope to do our part (however small) in fostering understanding and tolerance between all citizens of the world.
Contact: Hello Pal International
200 – 500 Denman Street
Vancouver, BC , V6G 3H1,
Canada
p 604-683-0911
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