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HUMBL Inc. (HMBL) is a technology-driven company that delivers innovative digital solutions designed to simplify and enhance the way individuals and businesses interact with financial services, commerce, and digital assets. Operating at the intersection of financial technology (fintech), blockchain, and e-commerce, HUMBL leverages cutting-edge technologies to create seamless, user-friendly experiences across its suite of products and services.
Core Business Areas
HUMBL's primary focus lies in developing and offering digital platforms that enable secure and efficient transactions. The company's product portfolio spans multiple categories, including mobile payments, blockchain-based authentication, and ticketing solutions. These offerings are designed to cater to a diverse audience, ranging from individual consumers to small and medium-sized businesses (SMBs), as well as enterprise clients.
Market Position and Differentiation
In a highly competitive fintech landscape, HUMBL differentiates itself through its emphasis on integrating blockchain technology into everyday applications. By doing so, the company aims to provide enhanced security, transparency, and efficiency in its services. For instance, its blockchain-based ticketing solutions address critical challenges such as fraud prevention and authentication, offering a more reliable alternative to traditional ticketing systems.
Revenue Model
HUMBL generates revenue through a combination of direct sales, subscription-based services, and transaction fees. This diversified revenue model allows the company to cater to various customer needs while maintaining flexibility in its pricing strategies. By focusing on scalable and repeatable income streams, HUMBL positions itself for long-term sustainability within the fintech ecosystem.
Industry Context and Challenges
HUMBL operates within the broader context of the rapidly evolving fintech industry, which is characterized by innovation and intense competition. Key challenges include navigating complex regulatory environments, maintaining technological relevance, and addressing customer trust and adoption barriers. Despite these hurdles, HUMBL's focus on blockchain integration and its commitment to delivering user-centric solutions provide a strong foundation for its market presence.
Competitive Landscape
HUMBL faces competition from established fintech giants like PayPal and Square, as well as emerging blockchain startups. However, its unique value proposition lies in its ability to combine fintech and blockchain technologies to create innovative solutions that address specific pain points in areas like ticketing and digital payments. This strategic positioning enables HUMBL to carve out a niche within the broader fintech and e-commerce markets.
Key Value Proposition
HUMBL's core value proposition revolves around simplifying complex processes through technology. By integrating blockchain for enhanced security and transparency, the company aims to build trust among its users while delivering efficient and cost-effective solutions. Its focus on user-friendly interfaces and seamless experiences further underscores its commitment to accessibility and innovation.
Conclusion
HUMBL Inc. exemplifies the convergence of fintech, blockchain, and e-commerce, offering a diverse range of solutions that cater to the evolving needs of consumers and businesses. With its emphasis on innovation, security, and user-centric design, HUMBL continues to play a significant role in shaping the future of digital transactions and commerce.
Trevor Etienne, a top running back recruit, has narrowed his college choices to LSU, Florida, and Clemson. He plans to announce his commitment post the ARMY All-American Bowl on January 8, 2022. In an innovative move, he is partnering with HUMBL (OTCMKT: HMBL) to launch the “HUMBL x ETIENNE NFT collection.” Fans can engage in selecting Trevor's uniform and purchase NFTs through the HUMBL Marketplace, with a retail price of $50 each, starting December 23, 2021. The initiative includes opportunities for fans to win memorabilia and personal meet-and-greets.
HUMBL, Inc. (OTCMKT: HMBL) has launched an upgraded version of its 'HUMBL Pay' mobile wallet, enhancing Peer-to-Peer (P2P) functionalities. The app now allows users to buy digital assets with major credit cards, send cryptocurrencies such as BTC and ETH with gasless transactions, and earn up to 7% interest on select digital assets. The company is also developing features like contact list imports and additional digital asset integrations. CEO Brian Foote emphasizes the mission to create accessible blockchain pathways for consumers.
On November 19, 2021, HUMBL, Inc. (HMBL) announced the appointment of George Sharp as Capital Markets Advisor. He will lead HUMBL's application to up-list to the OTCQB and eventually to NASDAQ. The company plans to file audited financials with the SEC, starting with the year-end 2021 statement. CEO Brian Foote emphasized the importance of this transition for attracting new investors, although he cautioned that NASDAQ listing is not guaranteed and may take time. Sharp expressed enthusiasm about working with HUMBL to enhance shareholder value.
HUMBL, a consumer blockchain company, announced a collaboration with BLOCKS, a decentralized blockchain project. This partnership aims to enhance blockchain use through innovative solutions like reducing gas fees on NFTs by up to 98% and improving metadata storage. HUMBL's clients include professional athletes and musicians launching NFT collections. The collaboration involves testing blockchain plugin modules for applications in payments, ticketing, and real estate on the HUMBL Wallet and Platform, aiming to provide a more efficient blockchain ecosystem.
HUMBL, Inc. (OTC Markets: HMBL) announces the appointment of Peter M. Schulte to its Board of Directors as an independent director. Schulte is the Managing Partner and Co-founder of CM Equity Partners and has extensive experience in public and private financing, M&A, and large systems marketing from firms such as Salomon Brothers and IBM. He has played a pivotal role in establishing companies like ICF International and ATS Corporation. CEO Brian Foote expresses enthusiasm for the strategic insights Schulte brings to HUMBL.
HUMBL, Inc. (OTC Markets: HMBL) has launched the HUMBL Tickets platform, offering consumers lower-cost access to premium seating for sports, concerts, and more. Customers benefit from 100% protection on authenticated inventory and secure transactions. The initiative aims to revolutionize the ticketing industry through technological and pricing innovations. Future plans include integrating primary and secondary ticketing markets onto the blockchain and enhancing customer experiences with NFTs and collaborations with subsidiaries Monster Creative and Tickeri.
HUMBL, Inc. (OTC Markets: HMBL) has launched its NFT Gallery, facilitating the creation, listing, sale, and purchase of Non-Fungible Tokens on the blockchain. The gallery features over 15 original collections from artists across multiple countries. Customers can buy and sell NFTs via HUMBLPay.com, with access to publishing tools and creative services for select clients. The company aims to capitalize on the growing NFT market, particularly in sectors like professional sports and entertainment.
HUMBL, Inc. (OTC Markets: HMBL) has launched a partnership with Ticket Evolution to enhance its HUMBL Tickets platform, providing fans with lower-cost premium seating for a variety of events. The collaboration will focus on integrating API technology, marketing, and ticket sales, and aims to improve customer service. HUMBL plans to transition ticketing to blockchain technology through smart contracts, while also developing immersive experiences and commemorative ticket NFTs. The company will leverage its podcast to promote upcoming events.
HUMBL, Inc. (OTC Markets: HMBL) has appointed Robert Cornish as its new Sr. Advisor for Technology, bringing extensive experience from notable firms like Gemini and the New York Stock Exchange. As previous CTO of Gemini, he played a vital role in developing their digital asset exchange and launching products including the Gemini Dollar. Cornish's strategic leadership in both digital and traditional markets positions him perfectly to guide HUMBL's technology initiatives. HUMBL aims to build a seamless platform for mobile payments, tickets, NFTs, and digital assets on the blockchain.
HUMBL, Inc. (OTC Markets: HMBL) announced the appointment of Brad Hoagland as an independent director to its board. Hoagland is currently the Chief Financial Officer at Ecoark Holdings and has extensive experience in the financial sector, including roles at Trend Discovery Capital Management and Prudential Financial. He possesses strong financial modeling skills and holds a Bachelor of Arts in Economics from Bucknell University. HUMBL focuses on integrating mobile payments, tickets, NFTs, and digital assets on the blockchain.
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