Appswarm Corp Stock Price, News & Analysis

AppSwarm, Corp. (OTC: SWRM) is expanding its operations with the introduction of two new divisions: The HIVE and The COLONY. The HIVE focuses on mobile app development in various sectors, including IoT healthcare, e-delivery, and gaming, targeting an efficient market approach. The COLONY division aims to generate automated revenue through crypto mining, staking, and an upcoming NFT platform. CEO Christopher Bailey anticipates a productive phase from August to December, with multiple applications nearing completion for business and consumer launch.

AppSwarm, Corp. (OTC: SWRM) has launched the HIVE initiative to accelerate technology growth in Tulsa, focusing on mobile application development, cybersecurity, and blockchain solutions. HIVE serves as a research lab and startup accelerator, designed to connect developers with investors and produce new applications for business and entertainment. CEO Christopher Bailey emphasizes the company's rebranding from TulsaLabs to Tulsa Tech Hive, aiming for strong growth in 2022 through new partnerships and product development to enhance shareholder value.

AppSwarm, Corp. (SWRM) announced an expansion in its cryptocurrency mining infrastructure, adding a new machine dedicated to mining Ethereum (ETH). The company is currently mining Dogecoin (DOGE), Litecoin (LTC), and Ethereum, while staking Cardano (ADA). CEO Christopher Bailey expressed optimism despite challenging economic conditions, emphasizing plans to enhance cryptocurrency hardware and recruit staff for business relations. Additionally, the new NFT platform is set for a launch in August 2022, aiming to boost the company's digital offerings.

AppSwarm, Corp. (OTC: SWRM) announced its expansion into mining and crypto operations to leverage low market prices. The company will add more mining machines and invest in various cryptocurrencies including ETH, ADA, and DOGE. Currently, it holds 17 LTC and 77,518 DOGE among others. CEO Christopher Bailey emphasizes the value brought to the company and shareholders through this mining initiative. AppSwarm is also restructuring its NFT division, planning to launch a new platform with hundreds of NFTs, including the Bored Alien series, which could create automated revenue streams.

AppSwarm, Corp. (OTC: SWRM) has signed a Channel Partner Agreement with Tego Cyber Inc. to promote the Tego Guardian cyberthreat application in the Midwestern U.S. energy and aerospace sectors. This initiative aims to address rising cybersecurity threats, following significant incidents like the Colonial Pipeline attack in 2021. Tego Guardian offers advanced threat tracking and automation, enhancing security operations for enterprises. CEO Christopher Bailey noted that this partnership opens new revenue streams in the cyber threat intelligence market, emphasizing the growing importance of cybersecurity for critical infrastructure.

AppSwarm, Corp. (OTC: SWRM) has initiated a new sales initiative targeting data and cyber security solutions for small to mid-sized energy companies in Oklahoma and the Midwest. This move comes in response to increasing cyber risks highlighted by a joint advisory from CISA, FBI, and DOE regarding threats to the energy sector. Oklahoma, a key player in crude oil and natural gas production, is poised for enhanced cybersecurity measures as AppSwarm aligns with cybersecurity solution providers to improve security for local energy and aerospace firms.

AppSwarm, Corp. (OTC: SWRM) has announced plans to establish a cyber security command center in Tulsa, Oklahoma. This facility will enable clients to simulate cyber-attacks, thereby enhancing their enterprise security measures. The command center aims to assist critical industries such as aerospace and defense by testing network vulnerabilities and improving security protocols. Additionally, AppSwarm's SwarmConnect platform offers end-to-end encrypted video communication, reinforcing secure data sharing. These initiatives position the company to address growing cybersecurity needs in diverse sectors.

AppSwarm, Corp. (OTC: SWRM), a software development company, has announced its strategic focus on Metaverse games and NFTs in partnership with Touchpoint Group Holdings. The collaboration aims to enhance user experiences through in-game rewards and digital assets linked to real-life events. AppSwarm plans to develop future gaming projects for popular platforms such as Oculus and Steam, seeking to align with the evolving gaming landscape. The company is committed to harnessing the growing opportunities in the Metaverse and Play2Earn models.

AppSwarm, Corp. (SWRM) has announced the development of a cloud data security platform under TulsaLabs. This platform aims to enhance enterprise data protection, compliance with privacy regulations, and operational efficiency. The project will incorporate AI-driven data threat management and incident response solutions to counter advanced cyber threats. With concerns about quantum computing's impact on cybersecurity, TulsaLabs is also exploring quantum-safe cryptographic methods. CEO Tom Bustamante emphasizes the importance of reviewing data security policies amidst rising cyber threats.