FOR IMMEDIATE RELEASE
Sheldon H.D. Oveuh
Newegg Public Relations
Los Angeles, CA – Newegg, the leading electronics e-retailer in North America, has unveiled today its very own cryptocurrency. Dubbed “EggCoin,” the tech giant believes they will revolutionize the e-commerce industry by offering consumers the ability to spend money created within its very own digital ecosystem.
“Our customers praised us when we started accepting cryptocurrency transactions last year. The media referred to us as innovators, pioneers, and leaders of our industry. Today, with the launch of EggCoin, we’re proving them right.”
– Connie Billings, Chief Eggsecutive, Newegg North America
Newegg realized the need to develop EggCoin when they noticed the value of other cryptocurrencies dropping. By allowing their customers to create and spend money solely on its website, Newegg is able to control the supply and demand of EggCoin without taking any risk. To commemorate this momentous occasion, the company is also offering everyone who installs the egg-mining software today a free, limited edition Windows 9 upgrade, exclusively at Newegg.
How EggCoin Works:
- Customers download Newegg’s proprietary egg-mining software onto their computer
- Once activated, the software mines for eggs using a complex algorithm based on the number of eggs hatched that day
- The value of 1 EggCoin is then set to reflect the current market price of a dozen eggs, and customers can start spending it
This milestone marks the first time a retailer has ever created their own cryptocurrency, and it could potentially set a precedent for other companies to follow. If successful, EggCoin won’t only make Newegg the most unique online retailer in the world, but it will also make them the most powerful company of all time.
About Newegg: Newegg was founded in 2001 and regularly earns industry-leading customer service ratings. The award-winning newegg.com website has more than 25 million registered users and offers customers a comprehensive selection of the latest consumer electronics products, detailed product descriptions and images, as well as how-to information and customer reviews. By allowing customers to mine its in-house cryptocurrency, Newegg gives them the opportunity to buy products cheaper than anywhere else.
