MoneyTrac Technology and Crypto Cowboys Introduce Open Network at Crypto Conference in Texas


SAN DIEGO, Feb. 14, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE-- Global Payout, Inc. (OTCPink:GOHE) (“Global”) is pleased to announce that its majority owned subsidiary, MoneyTrac Technology, Inc. (“MTRAC”, the “Company”), through its partner, Crypto Cowboys, LLC (formerly Crypto Value Management Systems, LLC) will be represented at the Blockchain & Cryptocurrency Con 2018 (“BCC-2018”) in Addison, TX on February 22nd.

The BCC-2018 is the first international conference in Texas that is devoted exclusively to blockchain and decentralized technologies and will bring together a large contingency of entities and individuals who are immersed in each of these rapidly emerging technology sectors. With MTRAC’s recent establishment of a Joint Venture Partnership agreement with Crypto Cowboys, which includes a significant equity stake in their company, MTRAC and its growing suite of blockchain and crypto currency technologies will be highlighted as part of the Crypto Cowboys presentation. This presentation will introduce attendees to the Open Network, which is the premier client and partner of Crypto Cowboys. 

The Open Network is the developer of an innovative crypto commodity exchange platform that features Four minted tokens: the ONCoin (“ONC”) which is a crypto currency open market token used for daily purchases, the ONDollar (“OND”), a crypto commodity investment token that is asset-backed by U.S. real estate holdings, the ONEnergy (“ONN”), which is a crypto commodity investment token that is asset-backed by solar and wind holdings, and the ONGold (“ONG”), which is crypto commodity investment token that is asset-backed by gold. Each of these tokens make up the global blockchain financial ecosystem that the Open Network has developed to capitalize on a crypto commodity exchange market sector that is valued in the trillions of dollars.

“We are very excited for our partners at Crypto Cowboys to have this opportunity to introduce the Open Network at the BCC-2018 to some of the most influential leaders and innovators in blockchain and crypto currency technologies,” said MTRAC CEO, Vanessa Luna. “The establishment of their partnership with the Open Network truly solidifies their presence as a significant support services organization within these rapidly emerging market sectors and also increases the value of the position we have confidently taken in their company. We look forward to playing a very strategic role in helping to develop and facilitate the Open Network’s go-to-market strategy.”

“We are very excited to be presenting at the BCC-2018 show in Dallas, TX. It is a tremendous opportunity for us to present the Open Network to a crypto commodity sector that is not only growing significantly, but that is valued in the trillions of dollars,” said Crypto Cowboys, LLC CEO, Christopher Johnson. “We have a tremendous amount of respect for the talented parties in this space and are excited to collaborate with them. The blockchain technology that supports the Open Network’s crypto commodity exchange platform and asset-backed tokens is a very superior financial services proprietary platform and we believe will position our clients to achieve success within this exciting sector.”

About Global Payout, Inc. (OTC Pink:GOHE)

Since the Company's inception in 2009, Global Payout, Inc. has been a leading provider of comprehensive and customized prepaid payment solutions for domestic and international organizations distributing money worldwide. In 2014, Global introduced its first online payment platform called the Consolidated Payment Gateway (CPG), which allowed its enterprise clients to transfer money to international bank accounts, mobile accounts, and prepaid card accounts. The development of the CPG became the foundation for the introduction of its new, state of the art FINTECH payment system in 2017, for both online and mobile applications to allow account holders to maximize an expanded suite of financial services and minimize operational costs. Global will continue to offer their FINTECH payment system to many vertical markets for support of foreign currency exchange and digital currency, including ongoing support of the banking industry and international governments.

About Crypto Cowboy, LLC

Crypto Cowboy is a development service provider offering full Build, Deploy, and Support services for entrepreneurs wanting the highest quality in security, speed, and customization for their exchanges. Crypto Cowboy uses the proprietary ONLI blockchain platform that offers superior features that support financials services and other critical verticals in the most compliant way.

About MoneyTrac Technology

MoneyTrac Technology, Inc. is a pioneer in offering a full-service solution for alternative banking and electronic financial solutions and provides all aspects of financial technology including E-Wallet and mobile apps services for businesses and companies in various "high-risk" industries. MoneyTrac's technology platform allows for its clients to access their financial information from anywhere in the world, in addition to providing tracking and compliance to help them manage and control the flow of all revenue through their business.

About Pegasus Fintech, Inc. – www.pegasusfintech.com

Pegasus Fintech, Inc. is a Blockchain and Token Accelerator that focuses on supporting innovative solutions in the Financial Services, Technology, Blockchain and Cryptocurrency communities. Pegasus’ Accelerator program deploys a team of highly skilled industry, marketing, legal and financial specialists that provide evaluation, management, marketing programs, resources and tools to affect the growth of the business and create and execute the Blockchain and regulatory compliant, security-based Token programs. They also work with investment banking, private equity and democratized investment community to assist their clients with financing initiatives.

Forward-Looking Statements Disclaimer:

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.

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