Hello Pal Announces Update on Crypto Pal App and Current Mining Operations

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VANCOUVER, BC, July 19, 2021 / PRNewswire / – Hello Pal International Inc. (“Hello Pal” or the “Company”) (CSE: HP) (Frankfurt: 27H) (OTC: HLLPF), a platform provider international live broadcast, language learning and social crypto-crypto, is pleased to provide an update on the highly anticipated Crypto Palapp and its Litecoin and Dogecoin mining operations (“Mining Operations”).

About a third of the company’s LTC miners operate in various locations using clean, renewable hydroelectric power. Due to the current advantages of seasonality, there is currently excess electricity that is neither consumed nor sent to a grid. The Company will continue to expand its mining operations with the help of Yitang in various locations that offer similar economic conditions both in China and other international locations.

The current gross profit margin of Mining Operations is 73%. For more information on ongoing mining operations, please refer to our previous July 12 press release. The Crypto Pal acquisition was hit against a Dogecoin price of $ 0.055 and currently offers a high margin via coin generation.

The Crypto Pal app was developed by the Hello Pal team in Hangzhou and is expected to launch soon in the coming months, with the hope that mining operations will reach near full capacity by next month. Crypto Pal will be a standalone application that serves to enhance the live streaming service and the entire Hello Pal platform.

The most fundamental feature of Crypto Pal will be its digital wallet which the Company says will facilitate the first cryptocurrency experience for most of its users. In addition to the occasional promotional activities and Dogecoin airdrops, the Company will allow users to earn Dogecoin and other cryptocurrencies through user activities that increase user-to-user interaction as well as user retention and leverage. time spent on the platform. Depending on how cryptocurrency mining regulations evolve in relevant parts of the world, Crypto Pal is also expected to eventually give users Cryptocurrency mining as well.

“We are very excited about this unique opportunity to integrate cryptocurrency into our existing international live streaming community with the upcoming launch of Crypto Pal,” said Adega Zhou, President of the Company. “The ability to transfer value between users across international borders in a simple and efficient manner is something that will greatly benefit our users and our entire platform.”

Additionally, the company plans to reintroduce Language Pal later this year.

To download Hello Pal, Language Pal, Travel Pal, or the proprietary Phrasebooks, please visit the IOS or Android store. For more information about the Company or the contents of this press release, please contact the Company at (604) 683-0911 or visit the website at hellopal.com. Email inquiries can be addressed to: [email protected].

About the Hello Pal platform

The Hello Pal platform is an exclusive suite of mobile apps built on a user-friendly messaging interface that focuses on social interaction, language learning, and travel. Hello Pal was designed from the ground up to be easy to use and allows users to express themselves freely in their own language, regardless of the language of the other person they are speaking to. Hello Pal’s overarching mission is to bring the world closer together through social interaction, language learning and travel. By creating a platform where it’s easy to instantly interact with others around the world and giving them the tools to communicate with each other in a joyful and fun way, we hope to do our part (however small) to promote understanding and tolerance among all citizens of the world.

Hello Pal operates its Dogecoin and Litecoin mining operations through its 51% owned Crypto Pal Technology Ltd company.

The information contained in this press release contains forward-looking statements. These statements reflect the current estimates, beliefs, intentions and expectations of management; they are not guarantees of future performance. Hello Pal cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of important factors, many of which are beyond Hello Pal’s control. These risks and uncertainties are described in Hello Pal’s annual and interim financial statements available at www.sedar.com. Although Hello Pal is currently generating revenue, Hello Pal remains in a growth phase and that revenue is not yet profitable. Therefore, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required by applicable securities legislation, Hello Pal assumes no obligation to publicly update or revise forward-looking information.

THE CSE HAS NEITHER APPROVED OR REJECTED THE INFORMATION CONTAINED HEREIN AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS COMMUNICATION.

Contact: Hello Pal International 200 500 Denman Street Vancouver, BC, V6G 3H1, Canada +1 604-683-0911

SOURCE Bonjour Pal International Inc.

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