Sanwire Corporation (OTC Pink: SNWR) is a diversified technology holding company that has subsidiaries operating in artificial intelligence, cyber security, web software, cryptography, and more. Shares of the diversified technology company are rallying 29.03%, through early trading on Monday, January 8, 2018. Over the past month, Sanwire Corporation has seen average daily volume of 318,751 shares. However, volume of 905,870 shares or dollar volume of $36,234, has already exchanged hands on the day.
Shares of Sanwire Corporation are climbing today, after the company announced that it has launched a new cryptocurrency, ComitCoin. The new cryptocurrency has begun trading on the DEX, a decentralized exchange that allows users to buy and sell cryptocurrencies. The company has given ComitCoin a total supply of 100 million and reserves of 50 million coins. The reserve coins will be used for shareholder dividends in the future. Currently, ComitCoin has a trading price of $0.17 and a market cap of $17.16 million. Here is the full press release detailing of the new cryptocurrency:
Sanwire Corporation Press Release:
CHEYENNE, WY / ACCESSWIRE / January 5, 2018 / Sanwire Corporation (OTC PINK: SNWR) subsidiary Sanwire Software Inc. (http://sanwiresoftware.com) has launched ComitCoin, a new Cryptocurrency that has commenced trading on the (DEX), a decentralized exchange that is a marketplace for Cryptocurrencies and Blockchain investments that is open sourced.
Sanwire Software has capped ComitCoins total supply at 100,000,000 and reserved 50,000,000 for Sanwire Corporation with a current market cap value of $17,155,847.40. The 50,000,000 ComitCoin reserve is planned for future Sanwire Corporation shareholder dividends. ComitCoin is trading at a price of $0.17 as detailed here https://www.xchain.io/asset/COMITCOIN.
For information on how to purchase ComitCoin visit http://sanwiresoftware.com/projects/comit-coin
To view a recent shareholder update visit https://www.otcmarkets.com/financialReportViewer?symbol=SNWR&id=184943
About Sanwire Software Inc.
Sanwire Software (http://sanwiresoftware.com) is a Silicon Valley-based Software Company with two-dimensional artificial intelligence (2DAI) sparking an artificial intelligence revelation in the software automation development, Internet marketing, big data, IT security, and Cryptocurrency industries.
About Sanwire Corporation
Sanwire Corporation (http://sanwirecorporation.com), through its subsidiaries, provides technology integration, development and solutions in the artificial intelligence, cryptography, Internet security and web software industries. Sanwire Corporation was incorporated in 1986 and is based in Cheyenne, Wyoming.