BLOCKS Now Available Inside HUMBL Pay Mobile Wallet

Rhea-AI Summary

HUMBL, Inc. (OTCQB:HMBL) has integrated BLOCKS into its HUMBL Pay mobile wallet, enabling users to buy and send BLOCKS through gasless peer-to-peer transactions. Customers can purchase BLOCKS using ACH, credit, or debit cards directly in the app. CEO Brian Foote emphasized the importance of mobile wallets in the blockchain era. HUMBL is also developing features for users to receive BLOCKS from external wallets and swap with other digital assets like Bitcoin and Ethereum.

Positive

• Integration of BLOCKS allows direct purchases and gasless transactions within the HUMBL Pay wallet.
• Increased functionality, including the potential for BLOCKS swaps with major digital assets.

Negative

• None.

San Diego, CA, Jan. 24, 2022 (GLOBE NEWSWIRE) -- HUMBL, Inc. (OTCQB:HMBL) announced today the addition of BLOCKS to its HUMBL Pay mobile wallet. The HUMBL Pay mobile wallet features the ability to buy crypto and send gasless, peer-to-peer (P2P) transactions on over 20+ digital assets, such as Bitcoin, Ethereum, BLOCKS and USDC Stablecoins.

As of today, HUMBL Pay customers can now buy BLOCKS using ACH, credit card and debit card directly inside the HUMBL Pay mobile wallet; as well as send BLOCKS via gasless, peer-to-peer (P2P) transactions to other HUMBL Pay users inside the HUMBL Pay mobile wallet.

“We believe we are entering a decade of Web 3, blockchain tokenization built on decentralized technologies like BLOCKS,” said HUMBL CEO, Brian Foote. “Mobile wallets like HUMBL Pay will be a proving ground for the blockchain tokenization of consumer, corporate and government use cases.”

HUMBL is also working on the ability for customers to receive BLOCKS from external wallets, as well as adding BLOCKS swaps with digital assets such as Bitcoin, Ethereum and USDC inside the HUMBL Pay wallet.

About BLOCKS

BLOCKS is an advanced tokenization standard on the Ethereum network that facilitates token trade interactions and assists with the removal of ambiguity around decimals, minting and burning on blockchain.

BLOCKS is available for the open-source development of consumer, corporate and government blockchain applications in areas like Mobile ID, Payments, Ticketing, Land, Title, Registries, Real Estate and more. For more information, including free BLOCKS Builders modules, visit: www.BLOCKS.io.

About HUMBL, Inc.

HUMBL is a consumer blockchain company working to simplify blockchain use cases in areas such as mobile payments, ticketing, NFTs and real estate.

Safe Harbor Statement

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by the use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimates," "projects," "intends," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, the Company's ability to successfully execute its expanded business strategy, including by entering into definitive agreements with suppliers, commercial partners and customers; general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technical advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, regulatory requirements and the ability to meet them, government agency rules and changes, and various other factors beyond the Company's control.

CONTACT:
PR@HUMBLPay.com

FAQ

What is HUMBL's recent announcement regarding BLOCKS?

HUMBL announced the integration of BLOCKS into its HUMBL Pay mobile wallet, allowing users to buy and send BLOCKS through gasless transactions.

How can customers purchase BLOCKS using HUMBL Pay?

Customers can purchase BLOCKS using ACH, credit, or debit cards directly within the HUMBL Pay mobile wallet.

What features are being developed related to BLOCKS in HUMBL Pay?

HUMBL is working on allowing customers to receive BLOCKS from external wallets and to swap BLOCKS with Bitcoin, Ethereum, and USDC.

What is the significance of BLOCKS in HUMBL's strategy?

BLOCKS is seen as part of HUMBL's focus on decentralized technologies and blockchain tokenization for various use cases.

When was the announcement about BLOCKS made?

The announcement about the addition of BLOCKS to HUMBL Pay was made on January 24, 2022.

What is the stock symbol for HUMBL, Inc.?

The stock symbol for HUMBL, Inc. is HMBL.