Technology Company Megahoot Makes Strategic Global Partnerships in Mobile, Blockchain and Ecommerce Development
It was announced today that technology company, Megahoot LLC, has solidified various strategic partnerships globally in the areas of mobile application development, blockchain technology development and Ecommerce development.
These strategic partnerships have been in development since late 2018 and essentially it will give Megahoot the capacity to increase its client acquisition, retention and business development initiatives globally. The number of accessible developers will increase to over 95 and growing, the developers are experts in the area of mobile application development, blockchain technology development, smart technology development, cryptocurrency development for security tokens and initial coin offerings, Cybersecurity development and ecommerce platform development.
Megahoot now has the ability to focus on enterprise solutions in many industries such as medical, finance, import/export and real estate, however the company is not limited to these industries. The growth prospects for Megahoot will increase dramatically as the business development team continues to expand globally offering Megahoot’s client services to large conglomerates and small to mid sized businesses in various industries alike. This will put Megahoot on pace to surpass the US$150,000,000.00 (one-hundred-fifty million US Dollar) mark in revenue by the end of first quarter 2020.
“We are very excited about the growth prospects for Megahoot, our team has worked tirelessly to grow the company while providing great client experiences. Client acquisition and business development in general will continue in a strong fashion in 2019 as we weigh the options of potentially making Florida the destination to grow Megahoot’s technology hub and its ecosystem. Florida has always been a business friendly state and with the newly elected Governor in place, Governor Ron DeSantis, we hope to work closely with his office and the economic development board for the state and county that we may ultimately call home”. stated Louis Velazquez, Megahoot CEO.
Megahoot’s experienced and growing team of developers gives Megahoot the unique ability to not only grow its own ecosystem but also take on enterprise clients who desire to have custom platforms developed for them affordably and securely.
Megahoot is building a global ecosystem that will incorporate dozens of ecommerce, gaming, blockchain related and collaboration platforms.
The Megahoot ecosystem will allow for members, not users, but members to seamlessly transition from one platform to another in a secure fashion. It will allow for its members to communicate, conduct business, play games and connect on a peer to peer basis globally.
The ecosystem has its own dedicated digital asset called the “XMG Coin” , this coin is the only form of digital currency within the ecosystem. This coin will only be accessible via the Megahoot Vault or the XMG Digital Wallet, it cannot be purchased, traded or otherwise exchanged on any other platform. This protects the stability and effectiveness of the XMG Coin, the utility will only continue to scale as the ecosystem grows.
Megahoot is also focused on highly secure private collaboration platforms for business and personal use, blockchain technology for global business and smart technologies for homes, buildings and smart cities.
Proprietary platforms introduced in 2018 include the Megahoot Vault which consist of both a peer to peer cryptocurrency exchange which allows for various altcoins to be traded amongst peers and the Megahoot Vault Crypto Index which displays useful information for public consumption..
With the use of blockchain technology Megahoot will be venturing into various industries from smart homes to health care and more utilizing its customized blockchain technology solutions that will allow global enterprises to have dedicated blockchain networks for their businesses for everything from accounting, logistics, supply chain management, security, education and much more. The inroads into these industries allow Megahoot to not only add on to its ever growing ecosystem but also come up with solutions that will become an asset to the companies in these industries.
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About Megahoot LLC
Megahoot is a Technology Company focused on secure private collaboration platforms for business and personal use, incorporating ephemeral messaging, high security, use of cryptography and secure mobility. Products include the Megahoot Vault which is a digital vault for highly secure holding of various cryptocurrencies, loyalty tokens and soon digital documents. With the use of blockchain technology Megahoot will be venturing into various industries from smart homes to health care and more utilizing its blockchain technology platform that will allow corporations globally to create dedicated blockchain networks for their businesses for everything from accounting, logistics, supply chain management, security, education and much more. Megahoot LLC is a wholly owned subsidiary of FGA Partners. For more information on Megahoot please go to www.megahoot.com.
About FGA Partners
FGA Partners, formerly Falcon Global Acquisitions, was founded in 1998 and is a private equity firm with a keen focus on technology driven companies in the cybersecurity, smart technologies and blockchain technology arenas. The focus is on companies that have synergy with current FGA subsidiaries, companies that may have been mismanaged, may have little to no access to additional capital or may have been stunted due to lack of organic growth.
For more information please go to www.fgapartners.com
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This press release contains forward-looking statements. The use of any of the words “anticipate”, “believe”, “expect”, “plan”, “intend”, “can”, “will”, “should”, and similar expressions are intended to identify forward-looking statements. The forward-looking statements contained herein are based on certain key expectations and assumptions made by the Company, including but not limited to expectations and assumptions concerning the receipt of required regulatory approval. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
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