Bolt (social network)

Bolt is a social media company.[2][3][4]

Bolt
Bolt on London Stock Exchange (LSE)[1]
TypePublic
IndustrySocial media
Founded2018
FoundersJamal Hassim & Christel Quek
Headquarters,
United Kingdom
Area served
Worldwide
ProductsBolt+ & BoltX
Number of employees
40
Websitewww.bolt.global

History

Bolt was founded in 2018 by Jamal Hassim and Christel Quek with its headquarters located in London, United Kingdom.[5][6]

In 2019, Bolt launched its flagship product, Bolt+, during the 2019 Cricket World Cup.[7] Bolt+ streamed coverage of the Cricket World Cup all through the period of the game.[7] Bolt has also streamed coverage of the 2019 Rugby World Cup and announced coverage of the 2020 Summer Olympics in Tokyo, which was cancelled due to the COVID-19 pandemic.[7]

Bolt also launched BoltX, a self-custody wallet for digital assets, in 2019.[8] It also listed a utility-based digital token, Bolt, on Bitmax (now AscendEx)[9] as well as on KuCoin.[10]

In 2022, Bolt announced that it was engaged in a reverse takeover corporate transaction into the main market of the London Stock Exchange.[11]

Strategic partnerships

In 2018, Bolt launched an educational content partnership with the Blockchain Association of Kenya to offer a Blockchain education in the region.[12]

In 2020, Bolt announced a flagship partnership with Hisense Group,[13] and launched the Bolt+ Smart TV application on Hisense smart TVs in South Africa and across the African continent.[14] By the end of 2020, the geographic coverage expanded to include all Hisense smart TVs in the Middle East, Asia Pacific and Australia.[13]

In the same 2020, Bolt announced a strategic partnership with Dugout Worldwide (later acquired by OneFootball).[15][16] Bolt also established content partnerships with France 24 and Deutsche Welle.[17] Bolt equally launched a streaming partnership with British-South African broadcasting and conservation company WildEarth.[18]

In 2022, Bolt launched a flagship partnership with Binance, and also co-launched Bolt+ as a new web3-enabled live entertainment and social experience.[19][20][21]

References

  1. Mimi Billing,"The market for IPOs is dead — or is it?". sifted.eu. 2022-11-30. Retrieved 2023-01-28.
  2. Sam Bridge,"Digital video content ecosystem Bolt says to launch in Gulf in Q2". arabianbusiness.com. 2022-02-08. Retrieved 2023-01-28.
  3. "'We had to look at new waves to thrive'". bbc.com. Retrieved 2023-01-28.
  4. "Bolt: We're rewarding users for watching advertisements". cnbc.com. 2019-12-25. Retrieved 2023-01-28.
  5. "Getting To Know You: Jamal Hassim, Founder and CEO, BOLT.Global". bmmagazine.co.uk. 2019-11-27. Retrieved 2023-01-28.
  6. Jessica Goodfellow,"Examining blockchain: uses in advertising, media and beyond". campaignasia.com. 2019-11-13. Retrieved 2023-01-28.
  7. Joe Lemire,"Bolt Offers Blockchain-Powered Cricket World Cup Broadcast in Asia". sportsbusinessjournal.com. 2019-12-02. Retrieved 2023-01-28.
  8. Gaurav Roy,"Lightning Network is Synonymous Bitcoin – These Blockchains Use it Too". securities.io. 2023-01-24. Retrieved 2023-01-28.
  9. "BOLT – The World's First Open Entertainment Platform – Announces Strategic Partnerships With Bitmax & Binance For Listing The Bolt Token". ascendex.com. 2019-05-03. Retrieved 2023-01-28.
  10. "BOLT (BOLT) Gets Listed on KuCoin!". kucoin.com. 2019-05-03. Retrieved 2023-01-28.
  11. "Statement re. Suspension". londonstockexchange.com. Retrieved 2023-01-28.
  12. "Kenya Blockchain Association and BOLT Partner to Offer Cryptocurrency Education". bitcoinke.io. 2018-11-15. Retrieved 2023-01-28.
  13. Jon Lafayette,"Tremor International Makes $25 Million Investment in Hisense's VIDAA". nexttv.com. 2022-06-21. Retrieved 2023-01-28.
  14. "BOLT.GLOBAL Announces a Live AMA with the African Community". bitcoinke.io. 2019-01-14. Retrieved 2023-01-28.
  15. "Dugout boosts presence in emerging markets with BOLT partnership". tech2thai.com. Retrieved 2023-01-28.
  16. Tyrone Stewart,"Bolt inks football video content deal with Dugout". mobilemarketingmagazine.com. 2020-11-23. Retrieved 2023-01-28.
  17. "Leading international news channel France 24, launches on BOLT+, the first blockchain-based livestreaming app". asiaone.com. 2021-11-01. Retrieved 2023-01-28.
  18. "WildEarth launches on Bolt+". advanced-television.com. 2021-11-15. Retrieved 2023-01-28.
  19. "Binance Pay and Bolt Global Build a New Web3 Live Entertainment and Social Experience in Bolt+". binance.com. 2022-07-19. Retrieved 2023-01-28.
  20. Samir Mourani,"Binance Pay and Bolt Global Build Web3 Social Experiment". bsc.news. 2022-07-23. Retrieved 2023-01-28.
  21. "Bolt Global Partners Binance to Launch Bolt+, a New Live Entertainment and Social Experience". innovation-village.com. 2022-07-09. Retrieved 2023-01-28.
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