WRIT Media Group, Inc. Announces Development of its Pelecoin App

LOS ANGELES, Sept. 5, 2017 /PRNewswire/ -- WRIT Media Group, Inc. WRIT announced today the development of their new Pelecoin mobile app in partnership with Skylab Apps. The Skylab Apps Platform comes with key features that allow users to interact and engage with each other in a manner that enhances product learning and brand recognition. The Pelecoin mobile app for Android and iOS powered smartphones will offer users a versatile platform that allows them to access basic information about Pelecoin and other cryptocurrencies at their fingertips. The Pelecoin app will be a valuable education resource on cryptocurrency, blockchain, wallets, ICOs, and will offer real-time exchange rate updates and trends, along with a list of markets where Pelecoin can be bought, sold or used to make purchases.

"It is not easy to understand all of the rapidly evolving advances that are occurring in the world of cryptocurrency. We are creating a mobile app that allows users to learn about cryptocurrency, browse and discuss digital currency subjects with other users, monitor currency prices and initial coin offerings, and of course, trade currencies and store currency in an easy to use wallet," says Eric Mitchell, CEO of WRIT Media Group. "There is a desperate need for an easier way to piece together information regarding the digital currency marketplace and the new Pelecoin app will address this problem."

Pelecoin is one of the fastest growing cryptocurrencies and now provides an easy-to-use, downloadable software that allows for optimal mining by enabling users to mine Ethereum (ETH), Ethereum Classic (ETC), Zcash (ZEC) and Monero (XMR) simultaneously. This fast yet scalable system optimizes mining output and revenue by mining a "bucket" of four different cryptocurrencies. By spreading risk over a portfolio of digital currencies, Pelecoin's proprietary mining algorithm reduces price volatility and generates more coin than single cryptocurrency mining.   Additionally users can safely withdraw and send Pelecoin to any external wallet that accepts transfers of ETH, ETC, ZEC and XMR, by using the platform's automated withdrawal form.

Pelecoin is now available to the public by registering for a free Pelecoin account and by downloading the Pelecoin miner in order to start mining. For additional information and to register follow the link www.PelecoinInfo.com

About WRIT Media Group

WRIT Media Group, Inc. WRIT is a diversified media and software company whose operations include digital currency software development, including trading platforms and Blockchain solutions, content production and distribution; and video game distribution via mobile platforms.

Cautionary Note Regarding Forward-Looking Statements
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those predicted by such forward-looking statements. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, but not limited to, those discussed in WRIT Media Group's latest 10-K filed July 14, 2017. The company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Pelecoin, CrypFXPro and their related trademarks and names are the property of WRIT Media Group, Inc. and are registered and/or used in the U.S. and countries around the world. All rights reserved. Skylab Apps and their related trademarks and names are the property of Skylab Apps, Inc. and are registered and/or used in the U.S. and countries around the world. All rights reserved. All other trademarks belong to their respective owners.

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SOURCE WRIT Media Group, Inc.