Phunware Releases PhunWallet Version 1.3 Mobile App Update

Rhea-AI Summary

Phunware, Inc. (NASDAQ: PHUN) announced the release of PhunWallet version 1.3, featuring a new user registration system and cross-device access. The update enhances user experience, allowing seamless login with the same credentials on different devices. Users can earn PhunToken (PHTK) through engagement activities and personal QR code referrals, replacing previous share link methods. The in-app referral contest from June 9-19 contributed to over 10,000 new users. These features aim to empower users in managing their data within a decentralized economy.

Positive

• PhunWallet version 1.3 improves user accessibility with cross-device login.
• Users can now earn PhunToken through more engagement opportunities.
• The introduction of QR code referrals simplifies the referral process.
• Over 10,000 new users registered during the referral contest.

Negative

• None.

Updates to the Innovative Cryptocurrency Wallet and Mobile Application Include New User Registration System, Access Across Devices, & Personal Referral QR Codes

AUSTIN, Texas, June 21, 2022 (GLOBE NEWSWIRE) -- Phunware, Inc. (NASDAQ: PHUN) (“Phunware” or “the Company”), a fully-integrated enterprise cloud platform for mobile (“MaaS”) that provides products, solutions, data and services for brands worldwide, today announced the release of PhunWallet version 1.3, an updated mobile application software on the Apple App Store and Google Play for Android.

The latest app update enables users to log in and out across devices seamlessly, using the same username and password to easily access their accounts. It also offers users more opportunities to earn PhunToken (PHTK), the innovative cryptocurrency created by Phunware to reward consumers for their engagement in profitable behaviors, such as completing surveys or watching videos from specific brands.

“The updates to PhunWallet make it easier for users to take control of their data and participate in a decentralized data economy,” said Andrew Soltan, Vice President of Engineering at Phunware. “Delivering seamless access to PhunWallet across devices allows consumers more opportunities to earn rewards.”

PhunWallet version 1.3 also introduces personal QR code referrals, upgrading from the share link referrals previously promoted by the app. Now users can quickly sync up with friends and family by scanning their personal QR code and easily invite them to start earning rewards on the app. For each completed referral, users can earn PhunToken.

To celebrate the update, PhunWallet held a special in-app referral contest from June 9 to June 19, resulting in over 10,000 new users registering on the app.

"Users can now easily surface a QR code with their inner circle, so they can start earning rewards as well,” said Mr. Soltan.

PhunWallet is the official mobile app of Phunware’s blockchain-enabled data exchange and mobile loyalty ecosystem where consumers can manage both PhunToken and PhunCoin.

To learn more about PhunWallet, visit www.phunwallet.com or download PhunWallet on the App Store or Google Play.

About Phunware, Inc.

Everything You Need to Succeed on Mobile — Transforming Digital Human Experience

Phunware, Inc. (NASDAQ: PHUN), is the pioneer of Multiscreen-as-a-Service (MaaS), an award-winning, fully integrated enterprise cloud platform for mobile that provides companies the products, solutions, data and services necessary to engage, manage and monetize their mobile application portfolios and audiences globally at scale. Phunware’s Software Development Kits (SDKs) include location-based services, mobile engagement, content management, messaging, advertising, loyalty (PhunCoin & PhunToken) and analytics, as well as a mobile application framework of pre-integrated iOS and Android software modules for building in-house or channel-based mobile application and vertical solutions. Phunware helps the world’s most respected brands create category-defining mobile experiences, with approximately one billion active devices touching its platform each month when operating at scale. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit https://phunware.com, https://phunwallet.com, https://phuncoin.com, https://phuntoken.com, and follow @phunware, @phuncoin and @phuntoken on all social media platforms.

Phunware PR & Media Inquiries:
Laura Simpson
JConnelly for Phunware
PhunwarePR@jconnelly.com
(973) 713-8834

Phunware Investor Relations:
Matt Glover and John Yi
Gateway Investor Relations
Email: PHUN@gatewayir.com
Phone: (949) 574-3860

 

FAQ

What are the features of PhunWallet version 1.3 released by Phunware?

The latest update includes cross-device login capabilities, increased opportunities to earn PhunToken, and personal QR code referrals.

How did the referral contest impact user registration for PhunWallet?

The referral contest from June 9 to June 19 resulted in over 10,000 new users registering on the app.

What is PhunToken and how can users earn it through PhunWallet?

PhunToken (PHTK) is a cryptocurrency that users can earn by engaging in profitable behaviors like completing surveys or watching videos.

When was PhunWallet version 1.3 released?

PhunWallet version 1.3 was announced on June 21, 2022.

What improvements does PhunWallet version 1.3 offer for user convenience?

The update allows users to log in seamlessly across devices using the same username and password.