AppSwarm, Corp. , a software development company and aggregator of mobile applications, today announced it will be rapidly expanding mining and crypto operations to take advantage of all-time low prices.
AppSwarm is currently strengthening its crypto operations to add additional mining machines and investments that will focus on several coins such as ETH, ADA, LTC, XMR, DOGE, SHIB, CRO, XRP, and stablecoins, such as BUSD.
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AppSwarm CEO, Christopher Bailey, stated, “We began our mining operations in November of 2021 as a test run to see how the nature of the cryptoverse would suit our company and to see if it could truly bring value to the company and its shareholders. We feel at this point that it is indeed a valuable endeavor as well as an exciting adventure for the company. While our COLONY division continues to grow, our long-term goal is focused on staking what cryptocurrencies we mine and hold, to bring long-term value, profit and to contribute to strengthening the overall value of the cryptocurrency networks and futures.”
SWRM is currently restructuring the NFT arm of the company. We are in the process of moving our NFT platform to a new domain as well as adding hundreds of new NFTs including the Bored Alien series once the new platform is launched.
This area of operation for SWRM, also known as COLONY, can provide key functionality to creating an automated revenue stream.
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