Category: Crypto

Go From Crypto Curious to Confident With Just One Book, Say Authors

As cryptocurrencies continue to dominate the news, more and more people are interested in hearing the ‘real deal’ from veteran insiders. However, many don’t know where to start, especially when experts are using unfamiliar terms like “altcoin,” “Web3,” and other jargon.

Experienced investors in the crypto market want to level the playing field and pave the way for new investors. Such is the case for Mike Kimelman and Charlie Shrem, co-authors of the new book Mastering the Basics of Bitcoin and Crypto: Go from Crypto Curious to Crypto Confident With Just One Book.

The book promises to be a revolution in the way the typical reader sees and talks about cryptocurrencies. Both authors are highly respected minds in the crypto field with over a decade of experience. By sharing their knowledge, they aim to help the average consumer become more familiar with Bitcoin, other cryptocurrencies, and the emerging world of Web3 as a whole.

This is a service that Kimelman and Shrem have been providing for years. Their company Dekryption provides consultations to elite level businesses about how they can implement blockchain technology into their business, and how they can use the crypto market to turn a profit. They’ve helped big names in the business world integrate crypto and other new tech into their business strategies, as well as healthcare companies and not-for-profit organizations.

As Dekryption assures visitors to their website, “With our team of ex-Wall Street and crypto experts, we help firms expertly navigate the Age of Disruption by providing cutting edge strategic advice, capital, marketing and other solutions.” This includes consultations on digital assets like Bitcoin and other cryptocurrencies.

Now, through their new book, they’re sharing that knowledge with the rest of the world. Kimelman and Shrem want to eliminate the mystery that surrounds the world of crypto for outsiders. Their book is a plain English guide through all the jargon and complex terminology that plagues online conversations, cutting through the tech speak and delivering real results. As one reviewer noted, “This is the quintessential ‘Bitcoin for Boomers’ guide.”

If you’ve ever wanted to take your first steps toward investing in crypto, or if you’re a long-time investor who wants to learn more about the industry and how you can profit from it, Mastering the Basics promises to be an invaluable tool to add to your arsenal.

Mastering the Basics of Bitcoin and Crypto (ISBN: 9798509444623) can be purchased through retailers worldwide, including Barnes and Noble and Amazon. The paperback retails for $9.99 and the ebook retails for $6.99.

Learn more at www.getbitcoinbasics.com.

About the authors:

Mike Kimelman is a bestselling author, entrepreneur, and expert on disruptive innovation. Formerly an M&A lawyer and the founder of a New York-based hedge fund, he currently is a co-founder at Dekryption Labs (www.dekryption.com/) – a Web3 consulting agency focused on blockchain architecture and development services. He also offers radical financial coaching on money, markets & investing through his Alpha360 (www.truealpha360.com) trainings.

Charlie Shrem is a well-known American entrepreneur and bitcoin advocate; he co-founded now-defunct start-up company BitInstant and is also a founding member of the Bitcoin Foundation. He is the host of the top-ranked crypto podcast, Untold Stories. Follow Charlie on Twitter at https://twitter.com/CharlieShrem.

Moonstake Receives ssv.network Grant to Integrate Decentralized ETH Staking

Today, Moonstake is pleased to announce we have secured a staking pool integration grant from the DAO-governed SSV Network to integrate ETH staking on the Moonstake Wallet. Moonstake will be integrating SSV’s unique architecture to bolster Ethereum decentralization and ensure Moonstake’s validator infrastructure is as robust as possible. This will enable a seamless decentralized ETH staking experience for global users, and Moonstake and SSV will also work together to promote our ecosystems through this collaboration.

The ssv.network Grants Program is a community-led initiative to fund development teams building decentralized staking applications and services with the intent of promoting and accelerating development and innovation by developers building on top of the network. Proposals to the grant are evaluated on the technical design of the project, the overall quality of the team and its community, and more. Moonstake is thrilled to join the SSV Network Grants Program as a verified top 10 staking provider worldwide and soon support ETH staking.

As of 15 September 2022, Ethereum has officially become a Proof of Stake blockchain and the demand for ETH staking is higher than ever. Currently, ETH holders must have 32 ETH and build their own validator infrastructure in order to stake, which requires a high level of technical expertise and maintain a costly infrastructure. Alternatively, non-tech users could stake their ETH by relying on a custodian staking-provider service or centralized exchange. Moonstake and SSV aim to address this issue by providing users with a non-custodial ETH staking solution via Moonstake Wallet using SSV’s innovative technological infrastructure. We are proud to uphold our commitment of providing the best staking experience for users worldwide, as well as to finally take the next big step in our promised support plan for the Ethereum Merge and PoS ETH.

Mitsuru Tezuka, Founder at Moonstake, says: “Moonstake is happy to have received this grant from the SSV Network and partner up for ETH staking integration. The demand for ETH staking is higher than ever, yet users can only rely on custodial solutions at the moment which takes away from the decentralized experience of crypto and could potentially lead to many security risks. As a verified top 10 staking provider worldwide, we hope to be able to bring even more value to crypto users worldwide by providing a seamless ETH staking experience using SSV’s robust technology. We look forward to growing the Moonstake, SSV, and Ethereum staking ecosystems together, as well as promoting the staking industry as a whole through this great partnership.”

Moonstake started the staking business in 2020 with the aim to create the largest staking network in Asia. Since then, we have developed the most user-friendly Web Wallet and Mobile Wallet (iOS / Android) with support for over 2000 cryptocurrencies. After a full-scale operation launched in August 2020, Moonstake’s total staking assets have grown rapidly to reach $1 Billion, allowing Moonstake to become one of the top 10 staking providers globally. Currently, Moonstake supports 17 leading PoS assets including Cosmos, IRISnet, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras, Centrality, Orbs (Ethereum and Polygon), IOST, TRON, Shiden, FIO, Everscale, and Oasis. Proof of Stake ETH will be the 18th staking coin supported by Moonstake once technical integration is completed.

SSV is a fully decentralized open Ethereum staking infrastructure. It provides an open architecture for anyone who wants to run an Ethereum validator; from individual users to staking pools and large institutional staking services. The SSV Network aims to address the main concerns faced with Ethereum staking which include: custody and management of private keys, liveliness and redundancy, single point of failure, security and encryption, as well as decentralization and network governance.

Follow us on Twitter and Telegram for the latest updates on Moonstake news!

About Moonstake
Moonstake is the world’s leading staking service provider that develops and operates decentralized wallet services for businesses and individuals.

Since its launch in April 2020, Moonstake has partnered with 27 leading platform providers, including Cardano’s constituent Emurgo, developer of the Polkadot-connected blockchain Astar Network Stake Technologies, and the TRON Network with over 50 million users. In May 2021, Moonstake further enhanced its corporate credibility by becoming a wholly owned subsidiary of OIO Holdings Limited, a company listed on the Singapore Stock Exchange.

Using blockchain technology, Moonstake aims to progress toward a world where anyone can easily make use of highly secure and reliable digital asset management tools. https://www.moonstake.io/

About Moonstake’s staking business
For the staking industry, which has grown into a 630-billion dollar market as of September 2021, Moonstake provides a decentralized staking service that does not require user deposits, and supports nodes around the world in addition to its own validator nodes. Moonstake currently supports the staking of 17 blockchains. With a total staking assets of 1.8 billion USD and a global user base, the company ranked third out of more than 10,000 providers worldwide in June of the same year.

About SSV Network
Secret Shared Validators (SSV) is the first secure and robust way to split an Ethereum validator key between non-trusting nodes. The nodes do not need to trust each other to carry out their validator duties, and a certain number can be offline without affecting validator performance. The result is a reliable, decentralized, secure infrastructure for Ethereum staking.

SSV Network is the decentralized staking infrastructure running the SSV protocol that enables the distributed operation of an Ethereum validator. It is also a reusable and scalable ETH staking infrastructure developers can use to build new staking apps and deploy them quickly and easily. https://ssv.network/

Moonstake Strengthens Executive Board with Appointment of CMO Pietro Curto

We are pleased to announce that we have strengthened our management with the appointment of CMO Pietro Curto.

Pietro is a true veteran in digital marketing, with over 10 years of professional work in key areas such as acquisition, customer relationship management, digital strategies for retail customers, and operations. He also possesses deep expertise in regulated markets, having led FTSE listed companies such as Entain. With years of experience in such fast-paced international digital markets, Pietro was a perfect fit for the rapidly growing crypto market when he first entered in 2021 as the Head of Marketing Operations for the leading global crypto exchange BitMEX. And now, Moonstake is happy to welcome Pietro as our CMO.

Currently, we are expanding our scope with the launch of the MoonWealth platform as a simple and seamless entry point for crypto beginners to complement the Moonstake staking platform that serves more experienced users. We believe that Pietro’s addition to our management team will be pivotal in propelling the growth and success of Moonstake as a whole to further heights.

In welcoming Pietro to the Moonstake executive board, Mitsuru Tezuka, Moonstake Founder, said: “Since our launch in 2020, Moonstake has quickly grown to become a top 10 staking provider and earned the trust of users, businesses, and partners worldwide. Today, we are continuing to expand our operations to cover the needs of more customers and realize our aim of becoming the largest staking pool network in Asia. I have no doubt that Pietro’s deep experience and expertise as well as proven leadership will be of great value to help us realize Moonstake’s ambitions and reach across the globe.”

Regarding his appointment as CMO, Pietro said: “I am honored and excited to be appointed as the CMO of Moonstake. Moonstake’s mission is an ambitious one, to create the largest staking pool in Asia that is an active environment for asset holders. And now it is also working towards lowering the entry barrier of the crypto market to beginners. I am confident that together, we will realize all of these ambitions and become a trusted and widely recommended platform for crypto users of any experience level.”

Follow us on Twitter and Telegram for the latest updates on Moonstake news!

About Moonstake
Moonstake is the world’s leading staking service provider that develops and operates decentralized wallet services for businesses and individuals.

Since its launch in April 2020, Moonstake has partnered with 27 leading platform providers, including Cardano’s constituent Emurgo, developer of the Polkadot-connected blockchain Astar Network Stake Technologies, and the TRON Network with over 50 million users. In May 2021, Moonstake further enhanced its corporate credibility by becoming a wholly owned subsidiary of OIO Holdings Limited, a company listed on the Singapore Stock Exchange.

Using blockchain technology, Moonstake aims to progress toward a world where anyone can easily make use of highly secure and reliable digital asset management tools. https://www.moonstake.io/

About Moonstake’s staking business
For the staking industry, which has grown into a 630-billion dollar market as of September 2021, Moonstake provides a decentralized staking service that does not require user deposits, and supports nodes around the world in addition to its own validator nodes. Moonstake currently supports the staking of 18 blockchains. With a total staking assets of 1.8 billion USD and a global user base, the company ranked third out of more than 10,000 providers worldwide in June of the same year.

Crypto Oasis Joins Algorand’s “Decipher” Conference as Regional Partner

Algorand Foundation, the organization dedicated to helping fulfill the promise of the leading carbon negative Layer-1 blockchain Algorand, has teamed up with the Crypto Oasis, the fastest growing crypto ecosystem in the world. The partnership will kick off with Crypto Oasis representing as the official regional partner for Algorand’s annual flagship Decipher conference, which will take place in Dubai from the 28-30 of November at Madinat Jumeirah, and continue throughout 2023 with the Algorand Foundation as an official Crypto Oasis ecosystem partner.

Crypto Oasis is excited to bring its active and growing community to connect with the Algorand ecosystem at Decipher. The conference convenes the builders, founders, investors, and community deciphering the future on Algorand, creating a must-attend event for anyone interested in blockchain and the Web3 economy. This event reflects the overall development of the industry, as it brings together inspiring creators, skilled tech professionals, & seasoned experts with traditional industry backgrounds.

More than 120 speakers will participate in the conference across four stages and more than 60 sessions. Registrants will also be able to sign up for mentoring with blockchain leaders, learn to set up wallets and experience play-to-earn games, explore a high-end curated NFT art gallery, take part in hands-on workshops designed for developers and product leaders behind the Algorand protocol, and more.

On the morning of Nov. 30, there will be a special Women’s Breakfast Club event from 8:30 am to 10:00 am, free and open to all women in the Web3 tech community.

“We are thrilled to be partnering with Algorand on this strategic level,” commented Ralf Glabischnig, founder of Crypto Oasis. “Decipher will bring together Web3 communities to create an enabling environment for people looking to build and scale projects in the blockchain space. We expect this partnership to bring us one step closer to spreading blockchain adoption and awareness in the Middle East and beyond. As one of the first Layer-1 ecosystems to bring their flagship conference to Dubai, Algorand also gives testament to the growth and relevance of the community being built throughout the Middle East, which Crypto Oasis exists to support. The synergy is self-evident, and we are excited about all of the collaboration potential in the year ahead.”

The partnership with Crypto Oasis will enable Algorand to gain exposure into the regional blockchain ecosystem – which is growing exponentially due in part to the welcoming spirit for innovation and disruption throughout the UAE and broader Middle East.

“We are excited to work with Crypto Oasis as our Regional Partner for Decipher, our Annual Algorand Summit, this 28-30 November. In addition, we will also be recognised as an Ecosystem Partner to Crypto Oasis for 2023 as we deepen our growth plans in the Middle East. We aslo recently hired our full-time Community Manager, Rayan Khalil, who will be our point of contact focused in developing the Algorand ecosystem in the region,” said Jason Lee, Global Head of Community for the Algorand Foundation.

Learn more about Decipher and save your seat to attend at https://decipherevent.com/.
Learn more about Algorand and the Algorand Foundation at www.algorand.foundation/.
Learn more about Crypto Oasis at https://cryptooasis.ae/.

What is SOL? Everything You Need to Know about Solana

Welcome to this edition of 101 article exploring one of the staking coins on Moonstake. This time, we’ll be looking at Solana and its native coin SOL, which has grown rapidly since its inception just a few years ago and is now one of the most popular cryptocurrencies on the market, referred to by many crypto experts as one of the Ethereum killers.

What Makes Solana Unique?
Originally launched in 2020, Solana is a layer-1 blockchain that focuses on scalability, speed, cost minimization, and energy-efficiency. Solana’s innovative infrastructure maintains a single global state between different ecosystems as the network scales, eliminating the need to rely on fragmented layer-2 systems or sharded chains.

Most notably, Solana is committed to providing a fast and low-cost experience to both users and developers. It promises an admirable sub 0.01 USD transaction fee and merely 0.001 seconds in transaction processing time. Even after the transition to Proof of Stake (PoS), transaction cost and speed remains a concern amongst Ethereum users. Therefore, Ethereum rivals are focused on solving these issues, and Solana stands out as one of the most competitive alternatives to the world’s second largest blockchain.

For the consensus algorithm, Solana implements an innovative hybrid model of PoS that combines a unique timestamp-based Proof of History (PoH) algorithm with a high-speed synchronization system. This allows transactions to be validated much faster, reducing the load of the Solana network and increasing its bandwidth, in other words, scalability.

How Did Solana Become Popular?
Solana saw a meteoric rise in value in fall 2021 due to a boom in NFT sales and widespread awareness of its utilities, most notably after the launch of the Wormhole 2.0 update that heightened interoperability with other high-value blockchains. The project also supports an array of DeFi platforms as well as NFT marketplaces.

Thanks to the network’s high efficiency in speed, costs, and capacity, as well as an enticing staking ecosystem, Solana has become one of the most popular blockchains for DApp developers and staking users. It now sits in the ranking of the top 10 cryptocurrencies in terms of market capitalization.

Solana’s Technical Milestones and Why Moonstake Supports SOL
At Moonstake, we work to support the most demanded coins on the market. Here are some key milestones of Solana so far:

  • From 2018 – 2019, Solana raised over 20 million for the SOL token sale to investors, despite the relatively bearish market situation after the 2017 crypto bubble.
  • During the NFT craze in 2021, Solana was home to the popular Degenerate Ape Academy NFT, a collection of 10,000 apes which sold out in less than 10 minutes.
  • By August 2021, over 400 projects have been built on Solana, just a little over a year since its launch. Many DeFi projects are building on Solana to take advantage of its powerful and cost-effective infrastructure.
  • In September 2021, Solana launched its Wormhole 2.0 protocol that enabled the transfer of digital assets between ERC-20 and SPL blockchains. This is believed to be one of the main factors that contributed to the rise of Solana.
  • Currently, Solana has over 3,400 validators to help secure and decentralize the network and is currently competing with other emerging Ethereum competitors such as Polygon and Polkadot. It has been stably sitting at rank #10 on Coinmarketcap.

We can see that SOL is a high-demand coin and Solana network is an esteemed blockchain project with active, constant development and support both from its creators and lively developer community. This makes SOL a great and strategic addition to the lineup of PoS coins supported by Moonstake and we are working hard to bring SOL staking to you very soon.

How SOL Staking Work
On Solana, tokens in a stake account must be delegated to a validator. A single stake account can only be delegated to a single validator at any time, so if you want to delegate to different validators you will need to split your tokens between multiple stake accounts.

To stake SOL tokens, you must use a wallet that supports staking. SOL tokens in your wallet must first be moved into a stake account. You can create as many stake accounts as you like, and deposit as much or as little SOL into each stake account as you want. Each new stake account has a unique address, and a single wallet can manage or “authorize” many different stake accounts.

How To Get Rewards for SOL Staking
SOL staking has historically yielded around 6% APY, though as usual this number will fluctuate depending on network activity. Staking rewards are computed and issued once per epoch which is approximately 2 days. However, to begin earning rewards, you must first wait for two epochs (around 4 days).

Rewards accrued in a given epoch are issued to all validators and delegators in the first block of the following epoch. Rewards are issued once per epoch and deposited into the stake account that earned them.

Stake rewards are automatically re-delegated as active stake. If the rewards due to a validator or one of their stakes is less than one lamport for a given epoch, reward issuance is deferred until the next epoch in which both would receive at least one lamport. A lamport is a fractional native token with the value of 0.000000001 SOL.

How SOL Unstaking Works
Tokens can only be withdrawn from a stake account when they are not currently delegated. When a stake account is first un-delegated, it is considered “deactivating” or “cooling down”. Tokens may not be withdrawn from the account until some or all of them have finished deactivating and are considered “inactive” and therefore no longer earning any potential staking rewards.

Once the tokens in a stake account are inactive, they can be withdrawn back to your main wallet address or to another address immediately. Tokens in a stake account with a lockup may not be withdrawn until the lockup expires, regardless of the delegation state of that account. Once the lockup expires, undelegated tokens may be withdrawn immediately. There is no action required by the account holder to specifically unlock the account.

Reference:
https://solana.com/
https://docs.solana.com/
https://solana.com/news/validator-health-report-august-2022

About Moonstake
Moonstake is the world’s leading staking service provider that develops and operates decentralized wallet services for businesses and individuals. Since its launch in April 2020, Moonstake has partnered with 27 leading platform providers, including Cardano’s constituent Emurgo, developer of the Polkadot-connected blockchain Astar Network Stake Technologies, and the TRON Network with over 50 million users. In May 2021, Moonstake further enhanced its corporate credibility by becoming a wholly owned subsidiary of OIO Holdings Limited, a company listed on the Singapore Stock Exchange. Using blockchain technology, Moonstake aims to progress toward a world where anyone can easily make use of highly secure and reliable digital asset management tools. https://www.moonstake.io/

Moonstake Taps Strategic Partner RockX to Integrate SOL Staking

Moonstake is pleased to announce we are working with long-time strategic partner RockX to integrate SOL staking. Through this collaborative effort, Moonstake is leveraging RockX Solana validator to bring its users access to the Solana staking ecosystem so they can start earning from staking SOL. Together, Moonstake and RockX will accelerate the growth of Solana in the blockchain industry through staking. Since January 2021, Moonstake has also been working with RockX to support the Polkadot staking ecosystem. Today, Moonstake is a recognized top 10 staking providers in the world and a Verified Provider of the VPP family of the leading staking data aggregator, Staking Rewards. RockX is also a top 13 staking provider globally and also a Verified Provider of Staking Reward’s program.

Moonstake started the staking business last year with the aim to create the largest staking network in Asia. Since then, we have developed the most user-friendly Web Wallet and Mobile Wallet (iOS / Android) with support for over 2000 cryptocurrencies. After a full-scale operation launched in August 2020, Moonstake’s total staking assets have grown rapidly to reach $1 Billion. After Cosmos, IRISnet, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras, Centrality, Orbs (on Ethereum and Polygon), IOST, TRON, Shiden, FIO, EVER, and ROSE, the highly demanded SOL will become the 18th staking coin available on Moonstake.

RockX is a digital assets platform that offers risk-adjusted crypto investment for the masses and allows users to compound their crypto holdings through mining, staking, and other DeFi products. It is currently a leading node operator for popular blockchains like Polkadot, Solana, and Avalanche. Recently, RockX sponsored the global hackathon Solana Summer Camp through the explorer SolanaFM to enable developers of every level to get a headstart in the Web 3.0 space by developing with one of the world’s biggest blockchain, Solana. This event successfully took place from July to August 2022 and had up to 5 million USD in global prizes and seed funding.

Solana is a layer-1 blockchain that focuses on scalability, speed, cost minimization, and energy-efficiency. It uses a hybrid model of Proof of Stake (PoS) that combines a unique timestamp-based Proof of History (PoH) algorithm with a high-speed synchronization system. This lets Solana provide a high speed and low-cost experience to both users and developers, promising less than 0.01 USD for transaction fee and 0.001 seconds in transaction time. Thanks to these innovations, Solana has become one of the most popular blockchains for DApp developers and staking users. In fact, the SOL coin now sits in the ranking of the top 10 cryptocurrencies in terms of market capitalization.

Mitsuru Tezuka, Founder at Moonstake says: “We are very pleased to once again work together with partner RockX, one of Solana’s world leading node operators. Soon, users of Moonstake can access staking of SOL using RockX’s validator, just like before for DOT staking. By combining the market leading platforms of Moonstake and RockX, we are confident that we can support the ever-growing Solana ecosystem together, just like what we have been doing for the Polkadot ecosystem.”

Zhuling Chen, CEO at RockX says: “We are pleased to be partnering with Moonstake who is a top-10 staking provider and a user-friendly wallet. I am very happy to be extending our partnership from Polkadot to Solana. Moonstake and RockX will continue to push the boundaries together to improve access to blockchain services and focus further on the growth of our Solana ecosystem, just as we did before with Polkadot.”

Follow us on Twitter (https://twitter.com/moonstake) and Telegram (https://t.me/Moonstake_wallet) for the latest updates on Moonstake news!

About Moonstake
Moonstake is the world’s leading staking service provider that develops and operates decentralized wallet services for businesses and individuals. Since its launch in April 2020, Moonstake has partnered with 27 leading platform providers, including Cardano’s constituent Emurgo, developer of the Polkadot-connected blockchain Astar Network Stake Technologies, and the TRON Network with over 50 million users. In May 2021, Moonstake further enhanced its corporate credibility by becoming a wholly owned subsidiary of OIO Holdings Limited, a company listed on the Singapore Stock Exchange. Using blockchain technology, Moonstake aims to progress toward a world where anyone can easily make use of highly secure and reliable digital asset management tools. https://www.moonstake.io/

About Moonstake’s staking business
For the staking industry, which has grown into a 630-billion dollar market as of September 2021, Moonstake provides a decentralized staking service that does not require user deposits, and supports nodes around the world in addition to its own validator nodes. Moonstake currently supports the staking of 18 blockchains. With a total staking assets of 1.8 billion USD and a global user base, the company ranked third out of more than 10,000 providers worldwide in June of the same year.

About RockX
RockX is a global blockchain node network to staking, data, and security. The team is equipped with a wealth of experience in mining, staking, protocol research, and infrastructure design. In recent years, the company has built access node APIs for popular Layer 1 and 2 protocols for developers and helps companies seamlessly access and interact with blockchains.

With over USD 900 million worth of tokens staked, RockX is one of Asia’s leading staking platforms. Focusing on serving institutional and high net-worth clients globally to compound their returns on cryptocurrencies, RockX is always open to collaborating with synergistic partners & innovative Web 3.0 projects, ultimately helping to build the decentralised financial ecosystem. https://www.rockx.com/

Prontoblock and EPIC ESG Partner to Launch a DAO and Issue On-Chain Green Bonds to Finance Clean Energy Solutions

The on-chain tokenized green bonds issued by Prontoblock will be one of the first such offerings in the United States. Moody’s forecasts that the issuance of green bonds could total $1 trillion in 2022.

New York, November 8, 2022 — Prontoblock, an innovative blockchain and Web3 company, will partner with EPIC ESG to utilize smart contracts in the form of Non-fungible Tokens (NFTs), and introduce utility tokens to support the structure of on-chain green bonds for large-scale projects. Prontoblock will issue approximately $300 million in notional value in the form of on-chain green bonds to support EPIC ESG’s take out needs for the company’s clean energy projects.

According to a 2022 report by McKinsey, capital spending on physical assets for energy and land-use systems required to decarbonize the global economy and to achieve net-zero emissions by 2050 are estimated to be $9.2 trillion annually, and $275 trillion in total.

EPIC ESG’s clean energy, carbon sequestration and disruptive agricultural solutions address pressing green energy challenges within the United States. To fund and manage these solutions, Prontoblock will launch a Decentralized Autonomous Organization (DAO), an emerging corporate model that democratizes and automates governance utilizing logic embedded within smart contracts, to secure financing, streamline operations and improve reporting.

Powered by Prontoblock’s platform, this partnership will generate highly secure tokenized green bonds to open up market access for a broad spectrum of investors with increased efficiencies, and fractionalized ownership. This will help increase liquidity and decrease the cost of capital for all participants.

By issuing NFTs on a distributed ledger, the ownership rights of these green bonds will be easily traded on multiple centralized and decentralized crypto exchanges globally – delivering new and superior functionality with digital assets over traditional ones.

“We are very excited to be working with Prontoblock, given their capital markets and blockchain expertise, to advance our ESG initiatives,” says Kyle Barnett, CSO of EPIC ESG. “This partnership will democratize retail access to bonds and accelerate the rollout of critically needed clean energy projects.”

“The opportunity for Prontoblock to support worthy projects in the ESG space is a deserving use case for our technology,” says John Murphy, Co-founder and Chairman of Prontoblock. “The DAO and green bonds issued by our platform will significantly increase access to food supply, uninterrupted clean energy and the offsetting of carbon emissions. As the need for capital for climate-related investments in the coming decades will be immense, supporting EPIC ESG’s endeavors is a moral imperative for Prontoblock.”

About Prontoblock

Prontoblock provides innovative solutions to financial intermediaries and everyday investors. Our products open up both traditional and digital asset markets and streamline investment instrument operations using DeFi protocols. The Prontoblock platform enables clients to issue tokenized assets, and provides seamless and user-friendly on-ramps and off-ramps to web3 architecture. It powers a smart-contract solution that fully automates due diligence, establishes reliable records of current stakeholders and compliance, and significantly improves efficiency by reducing administrative friction. For more information, visit www.prontoblock.com.

About EPIC ESG

EPIC ESG harnesses the collaborative power of visionary clean energy innovation, values-driven investment, and sustainable, socially responsible impact to create clean energy solutions that transform our health, our economies, our environment, our planet, and the future of our children, and our children’s children – for good. For more information, visit https://epicesg.com.

Media Contact:
Alex Gault
Prontoblock
alex@prontoblock.com
415-830-6739
www.prontoblock.com

Society Pass Inc (Nasdaq: SOPA) Adds Cypto Currency Payments Capabilities by Partnering with Canada-based CoinSmart Financial Inc (NEO: SMRT) (FSE: IIR)

  • Society Pass Inc (Nasdaq: SOPA) establishes a strategic crypto payment partnership with Canada-based CoinSmart Financial Inc (NEO: SMRT) (FSE: IIR), a leading crypto asset trading platform
  • CoinSmart provides crypto currency transaction settlement services for consumers and merchants on SoPa’s fintech ecosystem through it’s SmartPay crypto payment processing services
  • By incorporating SmartPay’s crypto payment capabilities, SoPa expects a dramatic increase in the number of customers, user viscosity and revenue growth on its next generation digital ecosystem and loyalty platform in Southeast Asia

Society Pass Incorporated (SoPa) (Nasdaq: SOPA), Southeast Asia’s (SEA) leading data-driven fintech and e-commerce ecosystem, today announces the establishment of a strategic crypto currency payment partnership with Canada-based CoinSmart Financial Inc (CoinSmart) (NEO: SMRT) (FSE: IIR), a leading Toronto-headquartered crypto asset trading platform.

Under this paradigm shifting collaboration, SmartPay by CoinSmart provides transaction settlement services in crypto currency for consumers and merchants on SoPa’s ecosystem. Leveraging CoinSmart’s advanced technological solutions spanning crypto payments, invoicing, trading, auto-sell wallets and crypto withdrawals, SoPa now offers more diversified and cost-saving payment options. In particular, merchants on SoPa’s loyalty platform are now enabled to enjoy new growth in customer base, low processing costs and quicker settlement processes.

Backed by the ever-increasing number of users worldwide, crypto has become the world’s fastest-growing payment method. According to Allied Market Research, the global crypto currency market size was valued at US$1.03 billion in 2022 and is projected to reach US$4.94 billion by 2030, growing at a CAGR of 12.8% from 2021 to 2030. Along with the continuous expansion of the global market, according to a new survey by Deloitte, nearly 75% of retailers plan to accept crypto payments in the next 24 months.

CoinSmart’s user-friendly platform features instant verification, enterprise-grade security, cold wallet storage and reporting tools for tax and audit purposes in the meantime. Currently, CoinSmart supports popular cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Stellar, etc. as well as fiat currencies including CAD, USD, EUR and AUD.

Dennis Nguyen, Founder, Chairman and Chief Executive Officer of Society Pass, explained, “According to a report by White Star Capital, SEA is a hotbed for crypto adoption with over 23.5 million crypto owners alone or a 3.56% crypto ownership rate. In fact, Singapore has a higher percentage of crypto ownership than the United States. As a result, we see huge market potential and demand in crypto payments in the region and, combined with the synergistic effect created from the payment partnership with CoinSmart, SoPa’s data-driven fintech and e-commerce ecosystem will drive crypto payment adoption in SEA even higher.”

“We are beyond excited to extend our partnership landscape to Canada and to welcome CoinSmart to the SoPa family as it perfectly aligns with our expansion and partnership strategy. After incorporating CoinSmart’s blockchain capabilities, our ecosystem is expected to see an increase in the number of customers, user viscosity and revenue growth,” added Mr. Nguyen.

Started in 2018, CoinSmart has been a secure and intuitive platform for trading digital assets. As a FINTRAC restricted dealer and marketplace through the Canadian Securities Association (CSA), CoinSmart breaks down the barriers of complex cryptocurrency transactions with an emphasis on educating the crypto curious. CoinSmart, in addition, offers simple solutions, learning tools for all levels, and 24/7 omni-channel client support.

Justin Hartzman, CEO of CoinSmart, commented “The vision of CoinSmart is to build a democratised crypto trading platform where consumers can easily access payments via email, user’s business website and in-person at a click of a button. As crypto is the fastest-growing payment method across the globe, our SmartPay services eliminate chargebacks and significantly reduce costs of processing fees compared to other processing options. By joining forces with SoPa’s extensive ecosystem and large user base in SEA, we are thrilled about the combined marketing capabilities we now bring collectively to our partners and customers.”

Society Pass has been leveraging cutting edge technology to tailor an unprecedented purchase experience for the next generation customers with an aim to ultimately transform the entire retail value chain in SEA. SoPa makes continuous efforts in diversifying the Company’s ecosystem and capturing growing opportunities in the market under new meta economy, by means of strategic acquisitions of market-leading companies and partnerships with visionary entrepreneurs in six distinct B2C e-commerce verticals: loyalty, lifestyle, food & beverage delivery, telecoms, digital marketing, and travel.

About Society Pass Inc
Founded in 2018 as a data-driven loyalty, fintech and e-commerce ecosystem in the fast-growing markets of Vietnam, Indonesia, Philippines, Singapore and Thailand, which account for more than 80% of the SEA population, and with offices located in Angeles, Bangkok, Hanoi, Ho Chi Minh City, Jakarta, Manila, and Singapore, Society Pass Incorporated (Nasdaq: SOPA) is an acquisition-focused holding company operating 6 interconnected verticals (loyalty, digital media, travel, telecoms, lifestyle, and F&B), which seamlessly connects millions of registered consumers and hundreds of thousands of registered merchants/brands across multiple product and service categories throughout SEA.

Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021. SOPA shares were added to the Russell 2000 index in December 2021.

SoPa acquires fast growing e-commerce companies and expands its user base across a robust product and service ecosystem. SoPa integrates these complementary businesses through its signature Society Pass fintech platform and circulation of its universal loyalty points or Society Points, which has entered beta testing and is expected to launch broadly at the beginning of 2023. Society Pass loyalty program members earn and redeem Society Points and receive personalised promotions based on SoPa’s data capabilities and understanding of consumer shopping behaviour. SoPa has amassed more than 3.3 million registered consumers and over 205,000 registered merchants and brands. It has invested 2+ years building proprietary IT architecture to effectively scale and support its consumers, merchants, and acquisitions.

Society Pass leverages technology to tailor a more personalised experience for customers in the purchase journey and to transform the entire retail value chain in SEA. SoPa operates Thoughtful Media Group, a Thailand-based, a social commerce-focused, premium digital video multi-platform network; NusaTrip, a leading Indonesia-based Online Travel Agency; Gorilla Networks, a Singapore-based, web3-enabled mobile blockchain network operator; Leflair.com, Vietnam’s leading lifestyle e-commerce platform; Pushkart.ph, a popular grocery delivery company in Philippines; Handycart.vn, a leading online restaurant delivery service based in Vietnam; and Mangan, a leading local restaurant delivery service in Philippines.

For more information on Society Pass, please check out:
Website at https://www.thesocietypass.com or
LinkedIn at https://www.linkedin.com/company/societypass or
Facebook at https://www.facebook.com/thesocietypass or
Twitter at https://twitter.com/society_pass or
Instagram at https://www.instagram.com/societypass/.

About CoinSmart
CoinSmart is a leading Canadian-headquartered crypto asset trading platform dedicated to providing customers with an intuitive way for buying and selling digital assets, like Bitcoin and Ethereum. CoinSmart is one of the few crypto asset trading platforms in Canada to be registered as a securities dealer and marketplace with the Ontario Securities Commission. CoinSmart is also one of the first Canadian headquartered trading platforms to have an international presence, accepting customers across 40+ countries at a time when the digital asset industry continues to rapidly expand. CoinSmart further builds on its mission to make cryptocurrency accessible by providing educational resources tailored to every level of cryptocurrency knowledge and unparalleled 24/7 omni-channel customer support. Offering instant verification, industry leading cold wallet storage, advanced charting with order book functionality and over-the-counter premium services, CoinSmart ensures every client’s needs are met with the highest level of quality and care. For more information, please visit www.coinsmart.com or smartpay.coinsmart.com.

Cautionary Note Concerning Forward-Looking Statements
This press release may include forward-looking statements,” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as anticipate”, believe”, estimate”, expect”, intend” and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s filings with the SEC. All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus relating to the Company’s initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Media Contacts:
PRecious Communications
sopa@preciouscomms.com

Learn & Earn, A New Way For Crypto Investment, Created by MoonWealth, Affiliated To Moonstake

Today, Moonstake is pleased to announce we are launching a crypto investment platform targeting the needs and demands of beginners called MoonWealth. It is a simple yet secure platform that allows anyone to get started with crypto investing with a peace of mind. MoonWealth was created with the mission to educate new investors about the advantages and risks of crypto investing, giving them the chance to make conscious financial decisions that grow their wealth.

The crypto market has been and is continuing to grow exponentially. A 2021 research estimated that around 300 million people worldwide own crypto and the average person now is aware of much more than just Bitcoin. Thanks to game-changing industry developments and unprecedented enterprise adoption, more and more people are becoming interested in crypto investing, but are still hesitating due to risk aversion. Since crypto is a tech-heavy field, there are a lot of factors that contribute to the high barrier of entry, such as the complexity of managing crypto assets by yourself, the fast-moving and often unpredictable nature of this market, the lack of easily digestible educational information for newcomers, or the unfortunate abundance of scammers. This is where the beginner platform MoonWealth comes in, to give the crypto industry a much needed solution that focuses on transparency and educating retail consumers about the risks and benefits of crypto investing.

The MoonWealth platform is made up of two key components, Learn and Earn, that cover a newcomer’s whole crypto journey from knowledge exploration to practical application and investing. MoonWealth Learn is an interactive learning experience where users will be able to learn and test their crypto knowledge in a quick and simple manner. By providing the necessary context and simplifying the wealth of information available on crypto investing, MoonWealth aims to be the ideal starting point for anyone, regardless of their level of crypto knowledge or investing experience, to understand and participate in crypto easily. To follow up on MoonWealth Learn, MoonWealth Earn is also in the plan, which will offer users valuable investment products as the next step of the newbie’s crypto journey in the near future. Users of MoonWealth Learn can earn Learn points, which can be used to redeem benefits. You can currently access the official MoonWealth website and MoonWealth Earn crypto learning platform here. http://moonwealth.io/

MoonWealth is the new project of Moonstake, a wholly owned subsidiary of Singapore Exchange listed OIO Holdings (SGX: KUX). Established in April 2020, Moonstake is currently a top 10 staking provider globally that operates a top-rated self-custodial staking platform for Web and Mobile users with support for 17 leading cryptocurrencies as well as stablecoins and NFTs. We are committed to bringing transparency and trust to our customers and constantly strive to improve our operations, which has earned us the recognition as a Verified Provider according to the leading global staking data aggregator Staking Rewards.

Speaking on the launch of MoonWealth, Moonstake Founder Mitsuru Tezuka states: “We’re excited to launch the new platform, MoonWealth, to help newcomers to the crypto investment field quickly and easily get started. With both the Moonstake and MoonWealth Learn and Earn product suite, we hope to satisfy the needs and demands of the widest range of crypto users possible, regardless of their level of industry knowledge and experience, and more strongly promote widespread adoption of cryptocurrency. This is also a part of OIO’s approach to investing and education: giving a transparent and neutral view of the investment products by focusing not on unsustainable yields levels but on a long-term, healthy vision of the crypto market in general.”

With Moonstake, we aim to cover the needs of experienced crypto users and with MoonWealth, we aim to support and guide new users to the crypto ecosystem. Both platforms will work in tandem to serve the needs of crypto users of all experience levels and promote the staking and digital asset ecosystems as a whole to accelerate global adoption. The launch of this new project aligns with Moonstake’s mission to satisfy the increasing demands of investors and businesses in regional and global blockchain markets by providing an active environment for crypto asset holders, both newbies and experienced enthusiasts.

Follow the official MoonWealth Twitter here to catch all the latest news and updates of this new product. You can also join the official Moonstake Twitter and Telegram for news, platform updates, industry insights, and exclusive information about reward campaigns!

About Moonstake
Moonstake is the world’s leading staking service provider that develops and operates decentralized wallet services for businesses and individuals.

Since its launch in April 2020, Moonstake has partnered with 27 leading platform providers, including Cardano’s constituent Emurgo, developer of the Polkadot-connected blockchain Astar Network Stake Technologies, and the TRON Network with over 50 million users. In May 2021, Moonstake further enhanced its corporate credibility by becoming a wholly owned subsidiary of OIO Holdings Limited, a company listed on the Singapore Stock Exchange.

Using blockchain technology, Moonstake aims to progress toward a world where anyone can easily make use of highly secure and reliable digital asset management tools. https://www.moonstake.io/

About Moonstake’s staking business
For the staking industry, which has grown into a 630-billion dollar market as of September 2021, Moonstake provides a decentralized staking service that does not require user deposits, and supports nodes around the world in addition to its own validator nodes. Moonstake currently supports the staking of 17 blockchains. With a total staking assets of 1.8 billion USD and a global user base, the company ranked third out of more than 10,000 providers worldwide in June of the same year.

SMI Vantage Introduces AI-inspired F&B concept – Robochef

SMI Vantage Limited, an investment and management company listed on the mainboard of the SGX, today announced it has entered into a binding multi-year franchise agreement with Dutch Oriental Restaurant LLC, to open Robochef F&B outlets in Singapore.

This breakthrough AI-driven Robochef will feature machines that will prepare and cook meals that are freshly made on the spot, fast and hassle-free, and importantly, consistent in taste every single time. It will be introduced to malls and residential locations across Singapore and will feature 10-15 rice, noodles, meat and vegetarian dishes to cater to a wide variety of tastes. The menu will be constantly refreshed, depending on the availability of fresh local ingredients, responding to the needs and requirement of local consumers.

Artificial Intelligence plays a significant role in the way the dishes are prepared, providing precise cooking times, temperature control, ingredient selection and seasoning, all programmed to produce the perfect dish each time.

“I am delighted that we are moving forward with this powerful F&B concept, which I believe will excite the marketplace and is entirely consistent with the announcements made on SMI Vantage’s new business direction,” said Mark Bedingham, President and Chief Executive Officer. “This will be a platform, building on the extensive F&B knowledge and experience within SMI Vantage, and will offer the opportunity for us to grow this business from our Singapore base. In a high labour-cost environment such as Singapore, Robochef is able to keep running costs down and help alleviate manpower constraints and is thus an ideal solution for both customer-facing outlets as well as for central kitchen operations.” he added.

“We are honoured to be in partnership with SMI for our AI Robochef. SMI’s strong market and business network would enable our rapid expansion into key markets in Asia Pacific starting with Singapore. Robochef is the world’s first Artificial Intelligence-enabled Cloud based system. It not only stores famous creations from global celebrity chefs; but learns, adapts and personalises different cooking styles for localisation. Simply, imagine digital music app store, download your favourite recipe anytime and anywhere to whip up a freshly cooked dish at a touch of a button in no time,” said Sandy Tan, Vice President (Asia Pacific), Robochef AI Tech, Dutch Oriental Group of Companies.

About SMI Vantage

SMI Vantage Limited is an investment and management company focused on capitalising on strong trends in the new economy including technology-based SaaS services and other high-tech platforms. Listed on the Main Board of the Singapore Stock Exchange, SMI Vantage Limited has a highly capable and experienced management team with a proven track record in building strong business partnerships and alliances. https://www.smivantage.com/

About Dutch Oriental

Headquartered in Dubai, Dutch Oriental is focused on Robotics, AI Technology in hospitality and F&B. Dutch Oriental is also the Builder and Operator of the Largest & Most Luxurious Mega Yachts, Super Yachts and Cultural Boat Fleets in the United Arab Emirates (UAE). https://dutchoriental.com/

For media queries, please reach out to:
Waterbrooks Consultants Pte Ltd
Wayne Koo – wayne.koo@waterbrooks.com.sg +65 9338-8166
Derek Yeo – derek@waterbrooks.com.sg +65 9791-4707

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