Prospect Park's Diitalk appoints chief strategy officer
2021-11-16 14:07 ET - News Release
Mr. Jim Greig reports
PROSPECT PARK PROVIDES CORPORATE UPDATE ON DIITALK
Prospect Park Capital Corp. has provided a corporate update regarding Diitalk Communications Inc. Prospect Park previously completed the acquisition of Diitalk on October 13th, 2021.
The acquisition is an important strategic step for Prospect Park, as management of the Company believes that Diitalk has promising growth potential building towards being a leader in the free telecom space, while offering a crypotocurrency alternative for those using its platform (the "Diitalk App"). Diitalk has proven its model historically, with user growth extending up to 25,000 downloads daily and up to 2 million downloads prior to re-product launch in 2020.
"Management hopes that the integration of Prospect Park with Diitalk will allow Diitalk greater access to capital to increase capacity and expand its user growth rate," stated Jim Greig, CEO of Prospect Park Capital Corp. saying "I am extremely excited to have Diitalk now under Prospect Park. We are quickly moving toward global distribution of the service and hope to gain a worldwide following in the months ahead. We truly believe we have the most robust and innovative calling and messaging technology in the world today."
About Diitalk:
Diitalk is an innovative, disruptive telco App that enables free calls to landlines and mobile phones in over 30 Countries.
Diitalk is a pioneer in the telecom space, combining unlimited free calling and messaging with the Diitalk App available on Apple iOS and Android phones. Diitalk is one of the first calling app's on the market enabling users to make free dialed calls to all mobile and landline phone numbers around the world, with or without internet access - including to people who do not have the Diitalk App installed. Diitalk also gives its users unlimited app-to-app calling worldwide and unlimited in-app messaging, including access to a massive catalog of free content stickers, photos, videos, and optional location sharing.
The Diitalk App connects calls with excellent voice clarity via Wi-Fi, data connection, or cellular network, depending on which option is available. Unlike its competitors, Diitalk can also work over the older 2G or 3G cellular systems that are common in emerging economies with large populations, giving Diitalk an unrivalled advantage in countries with some of today's fastest adoption rates for mobile devices.
The Diitalk App facilitates VoIP phone calls, PSTN phone calls, and OTT text/media messaging. Diitalk is internally developing a variety of new features to enable more enjoyable communication via talk and text. One such feature is a wholly new take on ephemeral messaging.
Diitalk's Unique Offering and Token Strategy
In addition to the service's free calling and messaging benefits, Diitalk also motivates users to repeatedly engage the service using its unique, complete token credit earning system developed with the proprietary internal cryptocurrency," Dii Coins". Users earn Dii Coins automatically for registering, for checking into the service, and for using the Diitalk App's various features, such as sharing stickers, inviting friends to register, watching advertisers' messages, and more. The app indicates how many Dii Coins are needed per minute of calling to each country, enabling users to know whether they have enough Dii Coins to make a call, or if they need to earn more Dii Coins by interacting more with the Diitalk App. In contrast to other communication apps where users might run out of calling minutes or credits, Diitalk users continually earn the Dii Coins they need for free calling and messaging. In most cases, a Diitalk user's regular interaction with the Diitalk App will result in earning more than enough Dii Coins for average amounts of worldwide calling and messaging through the Diitalk App.
Diitalk also drives rapid adoption of the Diitalk App and its benefits by leveraging a unique referral and viral marketing system, including:
Users are repeatedly encouraged to take high valued actions such as inviting a friend to use Diitalk in exchange for earning Dii Coins.
Users are encouraged to hit targeted usage goals such as making 10 app-to-app calls in exchange for earning Dii Coins.
When a user makes a Diitalk call to a number not yet registered in the Diitalk system, a personalized SMS message is sent to the non-registered number after the call (where legally permissible), with a special invitation to get the Diitalk App.
Diitalk's near-term plans for service expansion include adapting Dii Coins into a blockchain-based cryptocurrency to ensure security and scalability. The Dii Coin cryptocurrency will also encourage users around the world to earn additional Dii Coins by mining the Diitalk blockchain and will ultimately support exchanging Dii Coins for other popular cryptocurrencies. Diitalk will also be announcing several innovative and unique new features in the months to come that will increase messaging and calling engagement.
"The global telecom services market is worth over $5 trillion," Diitalk's CEO & President, Anthony Zelen, commented, "and while most of our competitors offer free app-to-app calling, they not only severely restrict dialed calling in terms of where you can call or on what platforms, but they also charge for it. Plus, no competitor supports calling to phones that don't have their app installed only Diitalk allows users to call phones that don't have the Diitalk App. With that in mind, Diitalk's mix of high-quality, free dialed calls, easily earned Dii Coins, full-featured messaging, and forward-thinking development plans, represents a winning combination that will allow the Company to rapidly capture a significant market share in numerous countries around the world."
Diitalk Announces Appointment of Seasoned Management and Advisor
Diitalk is pleased to announce it has added Andrew Graham as Chief Strategy Officer. Andrew is a technology and investment professional known for delivering and creating value with entrepreneurial team leaders and startups. Andrew stated, "Disruptive technologies that deliver real value, focus on the customer experience and reward their loyal consumers with tangible benefits is a proven path to success that the Diitalk team have embedded into their company DNA and strategic compass."
Andrew has a proven international track record across the converging industries of media, technology, and finance over the last 20 years and remains a serial entrepreneur sans-frontier. He's held senior executive roles in both public and private companies in Canada, UK, and Europe that include Noise Digital, Propaganda GEM, and Emakina. Andrew currently lives in Geneva, Switzerland, where he has been a resident since 2007.
About Diitalk Communications Inc.
Diitalk, a corporation existing under the laws of British ?Columbia, ?is in the business of operating a rewards-based communication platform and the provision of services ?in connection therewith, including, without limitation, VOIP calling, SMS messaging, analytics ?engine, mobile apps and add engines. Additional information regarding DiiTalk can be found at https://www.diitalk.com/.
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