Singlepoint Inc (OTCMKTS:SING) has taken note of the amount of success that Pokemon Go has enjoyed over a short period of time since its release. Download numbers having clocked highs of 75 million, means the game is now more popular than the likes of Candy Rush that have been in operation for years. With the popularity comes a hefty bonus check for the developer having emerged that the game is generating as much as $1.6 million in daily revenues on Apple Inc (NASDAQ:AAPL)’s App Store alone.
SinglePoint Pokemon Go Plans
Inspired by the success, SinglePoint has already started talking to its developers about the possibility of coming up with an app that entails various geo-targeted actions like Pokemon Go. The company is thinking of an app that features scavenger type attributes that integrate with gameplay.
Such an app according to the mobile technology and marketing solutions company will go a long way in bolstering social interactions among users. There are already plans to target companies in mobile space with the app was once it is out.
SinglePoint joins a number of companies believed to be working behind the scene to come up with something that has the same effect to gamers as Pokemon Go. Over the years, few companies have been able to bring players in numbers and outdoors just to play a game. Given the amount of success, Pokemon Go has achieved many of them are now exploring various options intended to capitalize on the craze.
Acquisition Plans
Meanwhile, SinglePoint says that its advisor Milost Advisors has identified a number of acquisition targets that it is planning to analyze. The company says it will provide finer details of its acquisition targets as well as where it plans to get the necessary financing from in the near future.
Singlepoint Inc(OTCMKTS:SING) is currently in the process of acquiring Mobile Bidding Technologie’s, Inc assets, and technology, as it remains active on the acquisition front in pursuit of new opportunities for growth. One of the assets that will come as part of the proposed acquisition is Text2Bid, an auction software company known to generate up to $10 million in revenues annually.
