MessengerBank and Krosscoin Begin a $6 Million Target Investment Partnership

Victor Magneto Ugochukwu
Krosscoin
Published in
3 min readSep 12, 2018
Think about it…. We are there!

Krosscoin™ is proud to announce that MessengerBank, an industry leader in providing a decentralized, blockchain-enabled mobile banking solution that is easy to use, accessible and nondiscriminatory inclusive of all demographics is making plans to invest up to $6m in its functional based, cross-platform app monetization framework and dapp ecosystem.

Forging new relationships while retaining the old one is one of the keys to successes hence Krosscoin™ is always on the frontier to engage on synergistic relations that will strengthen its core business resolve while also allowing the achievements of both organizational goals. Of Krosscoin’s™ newest foray is MessengerBank.

MessengerBank is a next-generation blockchain driven mobile bank led by a team from wide and prestigious backgrounds across various countries of the world with the driven passion of ensuring mass adoption of cryptocurrency and blockchain technology through the provision of traditional banking services in the blockchain sphere thereby bridging the gap between both crypto and fiat currencies. It also allows effortlessly exchange by anyone of digital currencies between one another for by either business or personal consumption.

Being a project with huge valuation, MessengerBank has already entered into partnership relationships with high profile projects within the blockchain sphere such as Credits blockchain which is a high throughput blockchain platform.

In consideration of the impactful nature of Krosscoin™ ecosystem, MessengerBank plans to pump in an investment of up to $6million into the Krosscoin™ project. This partnership includes the joint development of the Ribbon Messenger™ Mobile application with enhanced capabilities of converging text/voice/video communication with gifting using a cryptocurrency wallet. Charity and non-profit organizations can effectively utilize Ribbon for anonymous fundraising. Embedded GPS navigation allows for in-person meet-ups for social or cash to crypto transactions. Social network integration can publish “ribbons” to inspire others to contribute. Ribbon can also send signed pdf/word documents and is embedded with Google Translate.

Kent Kristensen the CEO and chairman of the board at MessengerBank in his statement says:

“To us at MessengerBank, it’s our duty to uncannily seek out and partner with innovative projects with real use-case such as Krosscoin whose founder, Efosa Ighodaro I personally know to be a hardworking and honest gentleman with a keen eye for innovative solutions as seen in several of Krosscoin’s product offerings”

Krosscoin™ will also be contributing it’s IP (Intellectual Property) to help develop a mobile algo trading platform version of Messenger Exchange platform which offers a next-generation trading solution for cryptocurrencies and tokens. The exchange will support all major cryptocurrencies, as well as ERC20. The exchange will offer high liquidity, a transparent order book, and low fees. infusing a mobile algorithm trading feature into it through the help of Krosscoin’s intellectual property.

Efosa Ighodaro the Founder and CEO of Krosscoin™ says:

“This is just another brilliant achievement from Krosscoin in partnering with those that matter in the space. MessengerBank deal for us is, without doubt, a big boost for us achieving our global vision of making the mobile app functionality monetization a dream come true for app developers and bringing value to end users while also paving way for greater things to come. We are excited about this deal”.

Both MessengerBank and Krosscoin™ will see an impactful partnership relationship from each projects sharing both technical and business resources in the way to achieving both projects’ goals by the pool of their various unique resources aimed at one thing — the achievement of their set goals.

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