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What Drove The GDET Stock Up 29% During Last Trading?

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The market capitalization of GD Entertainment & Technology Inc (OTCPINK:GDET) climbed by 29.17% to $13.86M after closing at $0.0031 during the previous session. GDET stock traded 2.37B shares recently, greater than its average daily volume of 187.29M. Additionally, GDET stock has traded between $0.0029 and $0.0043 over the past session. GDET has a float of 357.54M shares versus 4.47B outstanding shares. Launch of dual crypto cards boosts GDET stock price.

GDET has launched what?

The focus of GD Entertainment & Technology is on high-growth industries and offering a wide array of premium products throughout the world. A GDET subsidiary, DreamCard, offers a high-end metal debit and credit card, which can be customized for a fee. With DreamCard, users can customize a debit or credit card using GDET’s state-of-the-art online platform, as well as create customized Specialty Cards for Customer Loyalty and Affinity Networks. By using Dreamcards, GDET lets the cardholder design a new metal, 24karat or stainless steel card made according to the cardholder’s specifications and ship it to the customer. GDET is used primarily in casinos and by affinity networks.

The world’s first Crypto/Fiat Dual Debit/Credit Card featuring a dual-chip and made of highly polished metal has just been launched by GDET.

  • In addition to storing their Crypto on “Cold Storage”, Dual Crypto Dreamcard users may also access their wallet using the Fiat functionality of the card.
  • A user can access multiple accounts from anywhere with the Dual Crypto Dreamcard from GDET.
  • GDET’s Dual Crypto Dreamcard provides the first-to-market functionality of a burgeoning market for this type of functionality, just in time for other venues and vendors to accept this technology.
  • In addition, GDET has revamped its DreamCard website.
  • Customers can use this site to replace their plastic debit or credit card securely with a high-quality card, available in lustrous metal colors with multiple design options or glistening 24-karat gold designs based on preference.
  • In some circumstances, DreamCard staff will permit users to design their own original card design to be used on the card utilizing GDET’s newly launched website.
  • In the words of GDET, the process can be followed easily, is user friendly, and is becoming popular across a range of demographics.

What will GDET do with this opportunity?

GDET’s Dreamcard designed a prototype card specifically for MGM Grand Casino and is planning to pitch this to the casino through their hired Casino Consultant as part of a highly targeted branding effort. A percentage of the sale of each card is contributed to GDET, which may in turn be used to increase marketing effectiveness for certain Internet Influencers.

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