Social Life Network, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 26, 2021 at 05:03 pm EDT
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Social Life Network, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was USD 62,500 compared to USD 62,500 a year ago. Operating loss was USD 128,366 compared to USD 151,232 a year ago. Net loss was USD 45,212 compared to USD 222,990 a year ago.
Decentral Life, Inc. provides technology business incubator (TBI). The Company operates through individual software as a service (SaaS) licensing agreements with its TBI participating companies and provides each TBI company with the use of its technology platform to run their own social networking and ecommerce company. Various industry specific companies participate and operate in its TBI program, such as the hunting, fishing, camping, RV travel, motor racing, racket sports, boating, e-biking, cycling, golfing, cannabis, hemp, space exploration, soccer, transportation, blockchain, artificial intelligent (AI), and residential real estate sectors. The Company offers WDLF token. Its WDLF Ethereum tokens (ERC20) are mined by the users of its technology platform that is licensed by companies in its TBI program. The Company operates and supports the ongoing technology development of its platform, used by consumers and companies across 120 countries worldwide.