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GivBux, Inc. Rolls Out Ambitious Slate of Short-Term Plans

NEWPORT BEACH, Calif., May 28, 2024 (GLOBE NEWSWIRE) — via IBN – GivBux, Inc. (OTC: GBUX), a publicly traded company Great app and charitable giving platform, has released a detailed update to its shareholders and subscribers, outlining the company's key goals and plans for the next six months.

GivBux Chairman Umesh Tim Singh said: “In line with our company's commitment to transparency and accountability, we have decided to provide a preliminary overview of our short-term goals and objectives. We are constantly working on several projects to make the GivBux Super App more functional and valuable for our users and to add more value to our shareholders. The items listed here are our top priorities to achieve over the next six months.

  • Become fully compliant with SEC and OTC markets. The company has instructed its accountants to update all records and statements in preparation for an independent audit, and to complete and submit all updated reports and documents necessary for the company to qualify as as a fully reporting OTCQB company as soon as possible. .
  • Launch the GivBux v.2.0 super app. This release will include a number of significant technology improvements, including:

*Cloud biometrics. Each user's Super App data will be stored on the cloud in real time, and the user will be able to access their GivBux Super App directly from the Internet, at any time, from any device. Easy access from anywhere and no longer worry about losing data if your phone is lost or stolen.

*Augmented reality. AR is an exciting new technology that enhances the world around us by adding an extra layer of content to the real world. Its potential applications are virtually limitless and AR will eventually be integrated into GivBux Super App in ways that will benefit the entire GivBux community of users, merchants and charities. AR components will enhance the Super App's functionality in a variety of ways, from enhanced branding and social sharing, to image targeting through graphics and photos, to scavenger hunt experiences and mini -games that will offer GivBux benefits for those who participate. Initial integration of AR into the Super App will begin over the coming months and will continue indefinitely as new technologies evolve.

*Updated voice/video/chat features to include multi-user video calls, creating and sending voice and video messages, and much more.

*Enhanced Social Media Capability. This will allow users to create content directly from the GivBux Super App and publish content for distribution throughout the GivBux community.

*Real-time crypto exchange. This new Super App feature will allow users with cryptocurrency to use their tokens to purchase products and services from GivBux merchants at the point of contact, or to make donations to their favorite charities. When the user is ready to make a purchase, the Super App will accept their crypto token and convert it to GivBux, which will then be used to complete the transaction, all in real time.

*Integration of GBX Business Opportunity with the GivBux Super App. All features of the GBX Business Opportunity, including GivBux University, will be integrated into an Affiliate subsection of the GivBux Super App. GivBux users who participate in the company's GBX Affiliate Program will now be able to register merchants and track their GivBux business activities in the Super App as well as on the GBX website.

  • Expand and improve usability features of the GivBux Super App for local merchants and charities by integrating GivBux University and a series of training videos into the back office of the Super App, and providing an in-app blueprint that will allow affiliates to register and onboard new merchants quickly and seamlessly.
  • Launch an extensive online marketing campaign tapping high-profile social media influencers and other influential people representing a wide range of fields, including film, music, entertainment, philanthropy and charitable giving.

ABOUT GIVBUX, INC.:

The GivBux Super App revolutionizes shopping by providing a user-friendly tool to make purchases quickly and easily from over 100 national retailers, as well as a growing list of local merchants. Users earn cash back on every purchase, a portion of which can be donated to a charity of their choice, embodying GivBux Inc.'s commitment to “giving back.”

The GivBux Super app is free and available now on Google Play Store (Android) and the Apple App Store (IOS). The GivBux Super App is constantly evolving and adding new enhancements and features, including social media, e-commerce, banking, messaging, food delivery and transportation.

GivBux is blazing a new trail in e-commerce and charitable giving and aspires to create the largest community of donors, first in the United States and then worldwide. For more details and regular updates, visit www.GivBux.com.

Safe Harbor Statement: This release contains forward-looking statements regarding the results of operations and business of GivBux, Inc. Forward-looking statements include information regarding future strategic objectives, business prospects, anticipated savings, financial results (including expenses, profits, liquidity, cash flow and capital expenditures), industry conditions or market, demand and prices for our products, acquisitions and disposals. , expected results and regulatory developments or the general economic situation. Forward-looking statements are not guarantees and involve risks, uncertainties and assumptions. Although these statements are based on assumptions believed to be reasonable, there can be no assurance that actual results will not differ materially from those expressed in the forward-looking statements. The Company's actual future results could differ materially from those discussed herein. The Company intends that all statements included herein, including those referring to future earnings and profits, will be subject to the “Safe Harbors” provision of the Private Securities Litigation Reform Act of 1995.

Contact:
Umesh Singh, President
Email: [email protected]
www.GivBux.com
Instagram: https://www.instagram.com/givbux/
X (formerly Twitter):

Wire Service Contact:
IBN
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
[email protected]

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