DECENTRAL LIFE INC - WDLF STOCK NEWS

Decentral Life, Inc. has launched an AI-powered ERP SaaS for its TBI company, Outdoorsmen.com, Inc., aimed at tradeshow operators and small businesses in the U.S. outdoor industry economy. The ERP software includes modules for accounting, finance, customer and inventory management, production planning, manufacturing, supply chain, eMarketing, and customer order handling. The global ERP software market size was valued at USD 54.76 billion in 2022 and is expected to grow at a CAGR of 11.0% from 2023 to 2030, with North America accounting for 35% revenue share in 2022. Decentral Life CEO, Ken Tapp, highlighted the significance of the new system launch in providing solutions for the numerous small businesses in the U.S. outdoor industry economy.

Decentral Life, Inc. (WDLF) launches Generative AI Virtual Business Assistant for real estate professionals through a technology license agreement with LikeRE.com. The AI tool is designed to save real estate professionals countless hours each week by offloading mundane tasks, revolutionizing the digital-first real estate industry. Early feedback from National Association of Real Estate Brokers (NAREB) members has been overwhelmingly positive, indicating the potential for widespread adoption.

Decentral Life, Inc. signs Joint Venture Agreement with Indoor Harvest Corp.

Decentral Life, Inc. (OTC: WDLF) reported a remarkable 323% increase in annual sales, climbing from $292,139 in 2021 to $944,413 in 2022. Concurrently, the company significantly reduced its operating expenses by 60%, from $654K in 2021 to $260K in 2022. This operational efficiency led to a net income of $727,386 for 2022, compared to a loss of $2,091,687 in 2021. The net income surged by nearly 400% year-over-year, reflecting strong financial performance.

Decentral Life, Inc. (OTC: WDLF) announced on February 3, 2023, that it has officially changed its name from Social Life Network to Decentral Life. This rebranding reflects the company's current focus and future growth ambitions as a Technology Business Incubator (TBI) in the blockchain sector. CEO Ken Tapp expressed satisfaction with the name change, emphasizing its alignment with their business model. The company provides blockchain and AI technology through licensing and supports tech startups with leadership and consulting services. Since its inception in January 2013, Decentral Life has facilitated the launch of niche social networks and e-commerce platforms across various industries.

Social Life Network, Inc. (OTC: WDLF) announced the inclusion of iGuide Solar, Inc. in its Technology Business Incubator program. iGuide Solar specializes in solar-powered LED lane markers aimed at enhancing roadway safety. CEO Ken Tapp highlighted the $18 billion Federal funding for roadway safety from the Bipartisan Infrastructure Bill, emphasizing iGuide Solar's existing relationships with state transportation agencies. The company aims to achieve $40 million in sales from the Department of Transportation over the next three years.

Social Life Network (OTC: WDLF) reported a remarkable 318% increase in annual sales, reaching approximately $929,413 in 2022, up from $291,000 in 2021. The company managed to keep operating expenses consistent with the previous year, resulting in a significant boost to operating income. As they focus on blockchain and AI technology, their technology business incubator continues to support various niche industries.

Social Life Network, Inc. (OTC: WDLF) has reported that its TBI company, HuntPost.com, is engaging with 17 trade show operators, representing over 60 shows with an annual revenue exceeding $20 million. The company aims to enhance revenue through roll-up mergers, leveraging state-of-the-art technology to connect retailers within the HuntPost Social Marketplace. CEO Ken Tapp emphasized the strategic focus on revenue growth during the TBI program's second half. The TBI program nurtures sector-specific e-commerce firms, holding a 15% equity interest and benefiting from a 5% revenue share.

Social Life Network, Inc. (OTC: WDLF) announced that its Technology Business Incubator (TBI) company, WeedLife, Inc., executed a Letter of Intent to acquire Saving Grace Oil, Inc., a CBD firm. CEO Ken Tapp indicated that the roll-up mergers are aimed at boosting bottom-line revenues by leveraging social networking audiences. The TBI program supports companies aiming for $25 million in annual revenue growth in 2023 through strategic acquisitions. The TBI owns 15% in each participating company, receiving 5% of their revenues.