Brazilian Utility Token Wibx Extends Its Use Cases

[PRESS RELEASE – Brazil, São José dos Campos, 7th February 2023]

Brazilian company Wiboo has extended the utility of its Wibx token, adding new use cases. The token already supports a user base of more than half a million people.

Wiboo is an emerging company whose mission is to decentralize the power of digital marketing. It’s centered around the notion that each person can be a media asset, capable of impacting people around them, with the Wibx token serving as an intercession link between brands and customers. Wiboo dubs these people “nano-influencers.”

To support a decentralized digital economy, Wiboo has created a platform where anyone can accumulate tokens and generate extra income from sharing sponsored content and developing traffic, registrations, and even sales for large companies. The company has also delivered results for companies and brands by reducing the cost of marketing metrics such as customer acquisition cost (CAC) and traffic costs in branded content sharing.

Wiboo’s nano-influencer platform has a range of applications in various markets. The expanded use cases for its Wibx token include games, music, and immersive technology industries. Its latest project is a virtual shopping mall in a metaverse environment in which customers can use their tokens to purchase products from great companies around the world.

In a country where more than 50 million people are unbanked, Wiboo’s application supports purchases and payments without the need for a bank or card issuer. Wibx is now the most widely accepted token in Brazil and is now integrated into supermarket chains in the city of Brazil.

The Wibx token was first listed on the country’s large crypto exchange, Mercado Bitcoin, in 2020. Wiboo now intends to expand the Wibx platform in 2023, starting with other countries in South America and then expanding to Europe and North America.

About Wibx

Wibx is a reward utility token launched in 2019 by Wiboo Company, founded by a team of Brazilians in 2015. The company’s mission has been to decentralize the power of digital marketing by advocating that each person can be a media asset, capable of impacting people around them with even more authority than big influencers.

Another equally ambitious project takes place with Wibx in the recording industry through a Whitelabel platform for record labels, where artists offer exclusive rewards and experiences to their fans in exchange for engagement. Finally, within the games, metaverse, and e-sports market, Wibx has not only developed its applications but also strengthened its relationships with big companies in the market and great e-sports teams, aiming to convert the token into a highly relevant currency in the game sector, and also in the metaverse, with its virtual mall and other ongoing projects.