Austin, TX, May 30, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- “No, it’s not a BBQ Rib Restaurant,” remarked NFN8 Executive VP Steven Greene, “that’s just what one of the media interviewers said to me off camera. She said, ‘With everyone trying to figure out blockchain, cryptocurrency, and this new financial technology – I guess you guys found the secret sauce!’” What Greene discussed with her as well as with other media outlets is how the company is using hardware, software, and a proprietary algorithmic recipe to harness the blockchain to create revenues and profits for the company.
NFN8 has achieved significant growth without selling any interest in the company or taking on debt. It recently showcased a Texas data center location in a short video that allows interested parties to see the company in action.
The company has been featured in many financial publications and programs broadcast on Fox Business News. Greene’s featured appearance on “CEO Money – America’s Business Show” sparked so much interest, he has been invited back for a taping on June 6. CEO Money is viewed in 78 countries worldwide. These interviews are available here: https://cryptotechmining.com/radio-tv/
NFN8 Media sells interested individuals the same specialized computer equipment it uses to harness the new blockchain financial system. The purchaser buys the computer system, receives a bill of sale, equipment list, and serial numbers. The company procures and assembles the equipment, then loads it with software and places it in onshore, secure data centers, right alongside the company owned equipment. The exciting part is that the same day the equipment is purchased by the individual, the company arranges a five-year lease for the equipment. Everything is completely managed for the purchaser, who owns 100% of his/her equipment. The monthly lease payment equals 27% of the purchase price on an annualized basis. At the end of the lease, the equipment is purchased back at the same price paid originally. It is an entirely different business model than those of companies that are seeking to sell securities or raise money with ICO’s. The unique sales/leaseback concept allows the company to grow without dilution or debt while giving individuals a chance to get involved in the blockchain space without owning shares, notes, or the insecurity of owning individual cryptocurrencies.
Using a suite of proprietary software systems, to both manage the equipment and navigate a multibillion-dollar daily transactional marketplace, NFN8 Media creates crypto assets and sells them many times a day. This has resulted in revenue and profit from the first month of operation three years ago as well as consistent monthly lease payments to the equipment owners.