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KYN Capital Group Gives Corporate Update for Koinfold Pay 2.0 Enhanced Design Features supporting Bitcoin and 75+ Crypto Tokens

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KYN Capital Group (OTC: KYNC) announces the launch of Koinfold 2.0, a feature-rich wallet app aimed at enhancing user experience with a fresh design and added functionalities. This update includes tool tips for navigation, NFT capabilities through HyperMint, and partnerships with over 300 retail locations for crypto payments. Koinfold 2.0 targets onboarding over 250,000 users by Q4 2023, supported by marketing efforts involving celebrities. Additionally, it integrates with MoonPay for low processing fees, enhancing transaction security. The app supports various cryptocurrencies, allowing fiat conversion on multiple networks.

Positive
  • Launch of Koinfold 2.0 with enhanced features and user-friendly design.
  • Targeting to onboard over 250,000 users by Q4 2023, which may increase revenue.
  • Partnership with over 300 retail locations for crypto payments, generating affiliate revenue.
  • Integration with MoonPay aimed at offering the lowest processing fees and improved security.
Negative
  • None.

Corporate Goal to Onboard Greater Than 250,000 Users by Q4 2023

CARSON CITY, NV, Jan. 19, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – KYN Capital Group (OTC: KYNC) is pleased to announce that Koinfold 2.0, the number one feature laden wallet app, has taken the next step and added many new features and a new fresh design to make Koinfold 2.0 even easier to use and more functional. The updated release has been uploaded to the Apple App and Google Play stores and is expected to be available for download within a few days awaiting final approval.

Koinfold 2.0 has added several amazing features to become the leading platform for all of your Crypto and WEB3 experiences - all in one wallet bringing revenue to the company for 2023 and forward. Koinfold 2.0 will now have tool tips (so new users can navigate the app easier, and to create a better understanding of the features.) NFTs through Koinfold 2.0 can be created and purchased through a HyperMint link (a self service NFT minting platform) in app to start or improve your WEB3 experience.

Koinfold 2.0 expects to onboard with over 300 plus retail locations that will accept crypto payments generating revenue for Koinfold 2.0 in affiliate fees as well. Koinfold 2.0 is launching a Metaverse platform generating revenue from ticket sales and events with top-tier artists, concerts and games.

Koinfold 2.0 will also offer sign-ups with partners for rewards and discounts via the app. Our expected goal is to onboard greater than 250,000 users by Q4 2023, continuing revenue growth for Koinfold 2.0 via marketing, contests, social platforms and celebrities - all whom will benefit by using our platform to promote their creative talents.

This is in addition to Koinfold 2.0 current support Dai, Ether, ETH, Tether, Wrapped Bitcoin (wBTC), and Wrapped Ether (wETH), depending on app users region. Koinfold users can convert fiat to cryptocurrency on the Ethereum mainnet, Polygon, Optimism, and Artibrum in a matter of minutes.

KYN Capital Group CEO Rick Wilson announces, “This latest roll-out will improve the onboarding process with its lowest processing fees in the market combined with MoonPay and instant access. Koinfold Pay stands committed with MoonPay and their strength in the crypto market. By using MoonPay as our payment platform we reduce liability for Koinfold 2.0 and now our users are protected by one of the most trusted and secure crypto processing platforms in the world while making their transactions. Moonpay is a leading payment processor on and off ramp for crypto assets and is not a crypto wallet that would compete with Koinfold. We are proud to be working with such a great company as MoonPay!"

A free download for Koinfold 2.0 is available via the Apple App Store or Google Play.

About KYN Capital Group, Inc. (KYNC)

KYN Capital Group, Inc. (KYNC), a Nevada Corporation, is a leading holding company dedicated to being at the vanguard of its industry working on acquisitions in the entertainment, blockchain, cryptocurrency and touchless payment verticals. KYNC leverages the expertise of its highly skilled team & developers to create a cohesive force in formulating market and business strategies, ensuring that they remain ahead of the curve to carry the company forward in the marketplace.

Follow KYN Capital Group, Inc. (KYNC) on Twitter @ https://twitter.com/kyncap

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Follow Koinfold™ on Twitter

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https://koinfoldpay.com/

Safe Harbor Statement:

Certain statements made in this press release constitute forward-looking statements that are based on management's expectations, estimates, projections and assumptions. Words such as "expects," "anticipates," "plans," "believes," "scheduled," "estimates" and variations of these words and similar expressions are intended to identify forward-looking statements. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. All forward-looking statements speak only as of the date of this press release and the company does not undertake any obligation to update or publicly release any revisions to forward-looking statements to reflect events, circumstances or changes in expectations after the date of this press release.

Contact:
KYN Capital Group, Inc. (KYNC)
info@kyncap.com


FAQ

What is Koinfold 2.0 and its significance for KYN Capital Group?

Koinfold 2.0 is a newly launched wallet app by KYN Capital Group, designed to enhance user experience with added features and a fresh design, aiming to increase profitability.

What are the expected user onboarding numbers for Koinfold 2.0?

Koinfold 2.0 aims to onboard over 250,000 users by Q4 2023, which is expected to boost revenue.

How does Koinfold 2.0 plan to generate revenue?

Koinfold 2.0 plans to generate revenue through partnerships with retail locations for crypto payments, affiliate fees, NFT sales, and transactions via its app.

What partnerships will Koinfold 2.0 leverage?

Koinfold 2.0 has partnered with over 300 retail locations for crypto payments and is using MoonPay as a payment processor.

What cryptocurrencies are supported by Koinfold 2.0?

Koinfold 2.0 supports Dai, Ether, Tether, Wrapped Bitcoin, and Wrapped Ether, allowing users to convert fiat to cryptocurrency.

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