Social Life Network Inc. (OTCMKTS:WDLF) is up 59% after announcing the completion of the first two project goals by its Decentral Life Division. CEO Ken Tapp said that they had launched the cryptocurrency-loyalty points app officially across the company’s social networking platform.
He explained that they have worked on the milestone for several years, and the focus now is the launch of their Token before moving forward with the full network launch for the company’s TBI licensees. Tapp said each licensee has a unique corporate plan, and the loyalty points formula should work for all licensees, thus increasing the WDLF token’s utility value with time.
Decentral Life Division also announced the launch of the WDLF token on the Ethereum blockchain. Director Todd Markey said this is an exciting moment for the company, having finalized the first two goals of the Decentral Life project. Markey said they will now focus on the rest of the objectives to develop a new decentralized social media platform and register a coin offering. Therefore in the coming weeks, WDLF is worth watching.
On Monday, WDLF stock fell 7.60% at $0.0073 with more than 160.89 million shares, compared to its average volume of 99.23 million shares. The stock has moved within a range of $0.0069 – 0.0086 after opening the trade at $0.0079.