Technology Business Incubator providing tech start-ups with seed technology development, Social Life Network (OTCMKTS:WDLF), announced on August 19, 2021, that the Decentral Life Division finished the first two project objectives.
CEO Ken Tapp, said that the company has launched crypto-loyalty points through its social network platform. Tapp added that the firm has been working on this for some years but required a token launch before going for a complete rollout of its TBI licensees. The CEO said that the loyalty points formula could work for future as well as current licensees in addition to augmenting WDLF token value over time.
Decentral Life Division announced launching the EDLF token on Ethereumblockchain before the crypto-loyalty point launch.
Social Life Network facilitates legal and executive leadership for startups to focus on raising capital and growing network user base.
Director and President Todd Markey of the Decentral Life division, said that it is an exciting time for the firm having completed objectives. Markey added it would be laser-focused on pending objectives and developing a decentralized social networking platform for replacing the present platform.
The Decentral Life project is aiming to address objectives including the creation of a decentralized global social networking platform, financially empowering network users, launching a Decentral life token accessible for all licensee networks as well as filing with SEC an initial coin offering.
WDLF stock soared 72% to close at $0.0079.