Category: Crypto

Asia’s Largest Play-2-Earn Crypto Expo to Kick Off in Bangkok August 10 to 13

Play-2-Earn Hybrid Expo Asia, the world’s first event focused specifically on the Play-2-Earn industry for businesses only, is to be held this year in Bangkok, Thailand from August 10 to 13 at W Hotel Bangkok and Metaverse. With up to 250 physical C-suites and more than 500 virtual attendees expected from all around the world, the expo is to bring together the entire ecosystem of the P2E industry from guilds, venture capitalists, game developers, exchanges, launch pads, and key opinion leaders.

With a direct approach to connecting the most experienced individuals and companies and building a strong P2E community, the expo stands out by focusing entirely on a business-to-business approach rather than being consumer-centric.

What to Expect at P2E Hybrid Expo Asia

3-Day programme will present an immersive experience for more than 250 physical and up to 2,000 virtual attendees. More than 50 speakers will participate in panel discussions to share their insights and experiences. Each day will end with an evening of networking at a unique location across Bangkok, including at W Bangkok’s very own House of Sathorn featuring welcome drinks on the first night. The second night will be at Bangkok’s one of the trendiest rooftop bars at Tichuca Bar and the event will end off with a pool party at Wet Deck at W Bangkok on the last night.

A business matching portal will be provided for all the attendees one month prior to the event to be able to request for meetings with others in attendance to nurture connections and synergies for partnerships. With virtual booths of sponsors in tow, the hybrid component of P2E Expo Expo will ensure virtual attendees from around the world will have access to all the insights being shared.

Play-2-Earn Industry in 2022

Play-2-Earn Hybrid Expo Asia comes at a significant time in the P2E industry, having taken off just a year ago. Despite being in its early stages, a huge number of game projects have raised a significant amount of funding and the concept of Play-to-Earn has evolved into Play-to-Earn and Move-to-Earn. There is a significant shift for traditional game developers to join the Web3 movement, which demonstrates P2E as an industry itself making a real impact and empowering third world countries.

P2E industry being in its early phases of development is more the reason to attend, connect, and share insights with those in the same field to strengthen the community and the industry. The environmental conditions such as the bear market we are facing today further underscores the need for the P2E industry to evolve and find the perfect balance to self-sustain and grow.

Final Winner at Pitch Competition to Win up to $3,000,000!

Impressive lineup of judges from the P2E space will be physically present at the event including venture capitalists and guilds such as DFG/Jsquare, Enjin Starter, Faculty Group, Openspace ventures, SeaX Ventures, and YGG SEA. Every game is able to submit its whitepaper on the website to be shortlisted and invited to pitch. With a total of 8 pitches by game developers, the pitch competition at P2E Hybrid Expo Asia is one of the most coveted parts of the event programme especially with more attention towards the introduction of the new games that are emerging in the market.

Future of Play-2-Earn Hybrid Expo Asia

Play-2-Earn Hybrid Expo Asia stays true to its mission of empowering the P2E ecosystem and is looking to host the expo throughout the year with its subsequent one planned for early 2023 in the exciting destination of Bali, Indonesia. Bali is widely known for playing host to a huge surge of Web 3.0 and blockchain residences from those flying in from around the world and it will be an exciting spot to kickstart 2023 for the P2E community.

Register today for your ticket (limited tickets left!)

Plato Blockchain Announces the Launch of ‘Minting the Future’ Podcast

Plato Blockchain is pleased to announce the launch of the “Minting the Future” television show. The global broadcast show will be hosted by Adryenn Ashley, an award winning producer and on-air host.

Ashley, who also created the show, said it shares the title with her book “Minting the Future,” which is scheduled to be published in the near future.

Ashley has over 30 years’ experience in the industry, both in front of and behind the camera. From shooting her first feature film in 8 days that went on to win awards around the globe for 2 years, to launching a TV development platform to give content creators greater control that put her talk show “Wake Up” on national broadcast television in 4 months, passion and an eye for what’s next have populated the projects that she has championed.

Today, Ashley’s unique perspective mentoring startups and advising global investment firms is applied to the world of NFTs and Blockchain. She is a sought after international speaker and has interviewed most of the top names in blockchain, many of whom will appear on the show.

Show Topics will include:
– Blockchains of the Future
– Security vs Anonymity
– Hackers and Rugs
– Benefit and Use of DAOs
– NFTs – Securities or Utilities
– Play to Earn Gaming
– Sovereign ID

As Ashley noted, “Minting the Future” is best described as “infotainment.” “The first edition of the book in 2017 was focused on entrepreneurs and how they could use ICO’s to fund their startups,” she said.

“With this edition, it’s about building unstoppable unapologetic decentralized applications, and how the future will look when blockchain gives users rights to their data and ownership of their assets. The show will give viewers insights that will demystify the technology, as well as the numerous opportunities in the industry.”

The show will be presented by Plato Technologies, the cross-chain Gateway to the world of Decentralized Gaming, Streaming and Metaverse experience. Plato connects the technology sector with investors and uses AI and machine learning to curate data for the users.

Delivered via a multi-platform distribution and streaming on CrowdedTV (Ashley’s former startup that she’s transformed into a DAO), App and Video Podcast, the show’s audience has a potential reach of over 600 million households.

About Adryenn Ashley, Speaker/TV Host/Pundit/Crypto Evangelist

Adryenn Ashley is a serial entrepreneur, speaker, and investor. As a Startup Advisor her advice is sought after, whether for her abilities to viralize a global conversation, or increase a company’s revenue while streamlining costs. Her expertise ranges everywhere from breaking into banks (security testing in the 1990’s), to being one of the first females in AI in the 2000, giving Ashley decades of experience in navigating the bleeding edge of what’s next. Ranked the #1 Woman in Blockchain Influencer in 2019 and having recently regained her ranking, she has spent more than a decade immersed in blockchain, artificial intelligence, and augmented reality.

To receive information about the ‘Minting the Future’ Podcast TV Show launch, please contact: info@getme.press

Moonstake Hosts Staking Contest with Partner FIO with 100,000 FIO Prize Pool

Moonstake is excited to host a staking contest with our partner, FIO, with a prize pool of 100,000 FIO tokens. This competition will run from June 1 – June 15 and there will be 108 prizes for users who stake the most as well as lucky draw rewards.

Moonstake and FIO became strategic partners in February 2022 to integrate support for FIO tokens on Moonstake Wallet, and Moonstake became an official Block Producer for the FIO Network in the same month. Since then, Moonstake and FIO have collaborated extensively to host various successful community programs to promote adoption of the FIO and Moonstake ecosystems, including staking launch, educational quiz, and now, a staking contest to boost awareness and participation.

Below is the detailed information of the FIO staking contest:

Reward details:
– First place: 1 prize of 20,000 FIO tokens. Must stake a minimum of 200,000 FIO tokens.
– Second place: 2 prizes of 10,000 FIO tokens each. Must stake a minimum of 100,000 FIO tokens.
– Third place: 5 prizes of 4,000 FIO tokens each. Must stake at least 40,000 FIO tokens.
– Lucky draw prizes: 100 randomly selected participants will share a total prize pool of 40,000 FIO Tokens. To be selected for this pool, you must have a minimum of 1,000 FIO tokens staked.

How to participate:
– Download the Moonstake wallet
— iOS: https://apps.apple.com/us/app/moonstake-wallet/id1502532651
— Android: https://play.google.com/store/apps/details?id=io.moonstake.wallet
– Stake FIO tokens
– Follow FIO ( https://twitter.com/joinFIO ) and Moonstake ( https://twitter.com/moonstake ), retweet the staking tournament announcement ( https://twitter.com/moonstake/status/1531885942675763200 ).
– Fill out this Google form: https://forms.gle/tfxenikw9LCvVh91A

Notes
1. Only the staking amount staked during the duration of this campaign is eligible.
2. You must keep this staking amount staked during the entire period of the campaign to qualify for the reward.
3. We will choose the stakers with the highest staking amount as the winner of the 1st, 2nd, and 3rd prizes.
4. Rewards will be distributed within 14 working days after the end of the staking tournament.
5. The FIO team and the Moonstake team reserve the right to interpret the above event at their sole discretion.

Please also check out the blog article of our partner FIO about this campaign: https://tinyurl.com/fio-blog

Moonstake is committed to providing the most secure and user-friendly experience for users worldwide to promote crypto staking, and this staking contest is an important joint initiative by us and our partnered coin to accelerate growth and adoption of our staking ecosystems.

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 12 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 FIO

FIO, the Foundation for Interwallet Operability, is a decentralized consortium of blockchain organizations and community members supporting the ongoing development, integration, and promotion of the FIO Protocol. The protocol is an open-source, decentralized usability layer solution that works across all blockchains, and uses human-readable Crypto Handles to replace the complexity, risk, and inconvenience that comes with blockchain-based transactions using public addresses.

MuskMelon Utility Tokens Set to Dominate Investors’ Mindshare: NFTs Launch May 30

MuskMelon coins, the latest craze in NFTs (Non-Fungible Tokens) for game lovers, being bought in multiples of 10x, is setting a new high for collectors. Breath-taking MuskMelon lured investors with its presence in Times Square, New York recently. With an exponential gain of over 6000% returns for investors, MuskMelon Tokens (MELONs) are set to launch 3D NFTs, offering investors an opportunity to cash in on the growth curve on May 30, 2022.

MELON Tokens will be traded on Bibox, the world’s leading AI-led digital asset trading platform, and Digifinex, a one-step crypto investment platform (both exchanges are headquartered in Singapore). MuskMelon is also live on BitMart, XT.com and others.

MuskMelon aims to outmanoeuvre established coins such as SHIBA INU (SHIB) and DOGE with its inventive methodologies. The Token is unique amongst the current offerings, with its unique play to earn and NFT avatars, in the DeFi space.

On the occasion, Neal Mathews, Project Advisor of MuskMelon, said, “MuskMelon’s recent presence in Times Square, New York has amplified our NFTs multi-fold. Hence the 3D NFTs are launching today while ‘RunMelonRun’ remains a favourite for many of our investors. The said game will host MELON NFTs and merge the utility of MELON Tokens, enabling users with dual benefits. The game will be available on iOS and Android stores post-launch.”

MuskMelon allows meme creators to spread their word, build a strong community and earn. The entire process of MuskMelon is decentralized and helps aspiring meme creators showcase their talent to the world. The platform prides itself on being a community-driven initiative, re-igniting the spark that brought the Blockchain-Cryptocurrency industry to life.

MuskMelon seems to be an ecosystem that wants to enchant global audiences with NFTs and immersive gaming possibilities. MELONs have a maximum supply of 10 billion tokens, on the BEP20 and ERC20 networks. The MuskMelon community wants to ensure maximum public participation with an almost fair sale.

For more information, kindly visit the website https://muskmelon.org/

Media Contact:
Neal Mathews, MuskMelon
Email Id: hello@muskmelon.org
Contact: +221 774800422

Dubai Grants Ex-Singapore Parliamentarian Calvin Cheng’s Web3 Company a Virtual Asset License

Singaporean investor and entrepreneur Calvin Cheng has established a non-fungible token (NFT) and fan token investment holding company in Dubai. Cheng, formerly an appointed Member of Parliament in Singapore, will invest in projects to integrate crypto into fashion, media and entertainment via Calvin Cheng Web3 Holdings FZE.

The Dubai Virtual Asset Regulatory Authority (VARA) has granted the company a provisional Virtual Asset License. VARA is the world’s first specialised regulator for virtual assets, such as cryptocurrency. As Dubai moves towards safer economic freedom backed by greater technological innovation and digital transformation, VARA will play a central role in creating new investment opportunities in Dubai’s fast-growing virtual asset industry.

The announcement follows similar preliminary permits that enables readiness to operate under full regulatory supervision, that VARA is granting to world-leading crypto exchanges Binance, FTX, Crypto.com and Bybit among other VASPs in the chain.

Exclusive access and increased engagement

Calvin Cheng Web3 Holdings FZE’s portfolio will include AmberX, an exclusive membership NFT that allows qualifying members access to Amber Lounge: Formula 1’s leading VIP lifestyle and entertainment pop-up lounge. Another portfolio company will be Celeb X, an NFT and fan token system designed to allow celebrities to directly engage with their social media followers, and in turn, for the fans to access exclusive benefits with celebrities including models, actors, sports icons and others.

VARA: A ticket into the metaverse

Calvin Cheng Web3 Holdings FZE voluntarily elected to obtain a VARA license to gain access to a regulated ecosystem, despite their product offering not being subject to supervision in other global jurisdictions. The license provides greater customer assurance and increases consumer risk protection.

As the only global economy to have an independently regulated virtual assets environment under VARA, Dubai’s virtual asset’s ecosystem is governed by comprehensive legislation and internationally applicable policy frameworks. Designed as the world’s first participatory-governance model, where industry innovators and market shapers share responsibility with policy makers to create a more democratic and borderless economy, VARA is structured to increase collaboration and innovation, without compromising public protection.

Under the VARA regime, all business services will be subject to thorough regulatory oversight, and end-to-end mandatory Financial Action Task Force (FATF) compliance controls.
VARA noted, “Calvin Cheng Web3 Holdings FZE will be the first international business to actively seek regulation, despite being able to operate lawfully in many other qualifying global jurisdictions. Such appreciation of the need for strong governance in order for the sector to mature and safely scale, reflects credible intent of purpose and sound reputation of Mr. Cheng, which have supported our consideration for this company to participate in Dubai’s MVP programme.”

Calvin Cheng added, “Dubai is fast positioning itself as the leading Virtual Assets Hub in the world. Digital Assets is a new space, which needs progressive regulators to keep up with entrepreneurs’ focus on innovation and growth. We are proud to be the first NFT VASP to enter this regulated ecosystem as our commitment to support strong guard rails for the crypto industry to safely grow. A new and forward-thinking regulator like VARA is well-positioned to firmly establish Dubai as the leading global centre for digital assets.”

About Calvin Cheng Web3 Holdings FZE

Calvin Cheng is currently the Chairman of listed Chinese EdTech firm ReTech Technology Co, which he led to an Initial Public Offering, together with leading investors from China. ReTech’s shareholders include several co-founders of Alibaba, as well as founders of other leading Chinese tech companies. Prior to ReTech, Cheng was the Head of Elite Model Management for Asia. He was also the licensee for Ford Supermodel of The World for China, Singapore and Malaysia. Cheng launched a media investment fund with China’s leading film and media group, The Bona Film Group. In Singapore, Cheng was founding director of Lumina-Looque Group, which organises fashion events for global luxury brands like LV, Moncler and Ferrari. Lumina also involved in organising the launch of Dubai Meydan City.

Cheng was a former appointed Member of Singapore’s Parliament and a Young Global Leader of the World Economic Forum.

About VARA

Dubai Virtual Asset Regulatory Authority (VARA) is the world’s first specialised regulator for the Virtual Assets sector. Established in March 2022, following the effect of Law No.4 of 2022, VARA is responsible by decree for licensing and regulating the Virtual Asset sector in the Emirate of Dubai and its free zone territories (excluding DIFC), and oversees all licensing requirements and applications for authorisation of Virtual Asset activities under UAE law. VARA plays a central role in creating Dubai’s advanced legal framework to protect investors and establish international standards for Virtual Asset industry governance, while supporting the vision for a borderless economy.

For media inquiries and interview requests, please contact:
Anna Aye
Associate
Financial PR
Mobile: (+65) 8500 2011
Email: anna@financialpr.com.sg

Insights from Davos: Web3 Consolidation Underway, Meta Alliance Launch, Web3 Reserve System

A consensus is emerging from multiple Davos insiders that the next wave of consolidation is about to hit the Crypto Markets as awareness of Web3 Applications continue to drive volume, growth and outlook. Despite the recent crypto market crash this month, M&A is again on the rise as the Volume of Deals increased 50X over the past year to $55 billion.

“Since Web3 is the precursor to Metaverse market, our team has come up with a way for communities to combat some of the inherent volatility via the creation of a Reserve System for hedging NFT and digital assets,” stated Edward Musinski, Founder of the Web3 Reserve System which is backed by Metabook.

“We help NFT owners and large enterprises to scale their digital asset initiatives by building another layer of Hedged Trust, Meta Alliance and Telewellness,” UK founder Edward Musinski proclaimed. “We have built a highly efficient hedging solution, backed by a pool of NFT and tokens and governed via the Metabook DAO.”

The Reserve pool is key to the growth of value, when innovations are shared with the community, and driven by influencers, like in www.Metabook.digital case (beta version).

The Metabook Reserve pool will be comprised of partners’ tokens with such utility as health, by health data exchange Aimedis, or XR promo, by Arcona.

The shared creative power of community will drive the mass adoption of blockchain, Metaverse and web3 solutions of Metabook DAO partners.

Plato Partnership. Connecting Web3 Applications with the Metaverse

We are pleased to announce our new partnership with Plato that is opening up the opportunity for some healthy community consolidation. Plato is an open intelligence repository and platform that unlocks the power of Vertical Search in a highly secure and scalable way. The platform is designed to provide an ultra-safe and secure environment to consume sector-specific real-time data intelligence while its interface allows used to seamlessly connect to web3 applications. We are pleased to make this announcement as a preview of what we are seeing in Davos this year.

About Metabook

Metabook by Meta Alliance is a B2B2C platform for mass adoption of web3 Innovation and the first decentralized MetaMarketing leadgen platform. For more information, visit https://metabook.digital.

About Platoblockchain

Platoblockchain is the cross-chain Gateway to the world of Decentralized Gaming, Streaming, Metaverse experience. For more information, visit https://platoblockchain.com.

Source: Plato Data Intelligence

Star Teen Filipino Race Driver Bianca Bustamante Unveils NFT Project to Achieve her F1 Dream

Bianca Bustamante, a 17 year-old rising motorsport star from the Philippines, announced that she is launching a groundbreaking project, The Dark Horse – an NFT Access Pass that redefines the career progression of young athletes by embracing technology, social media and community building in the age of blockchain and web3.0. The project will ultimately enable her to build long term engagement with her fan community in ways never imagined before.

Bustamante recently secured a coveted race seat in W Series’ Academy team, as the young Filipino driver continues to demonstrate her impressive talent ahead of her debut formula car season. Her talent is proven, being a multiple Asian champion in karting, and was the only racer selected on this year’s W Series grid to come straight out of karting into Formula 3 machinery.

Although fortunate to have earned a race seat in a top international series, the teenager is now faced with the realities of finding ways to sustain her basic living needs, as well as career essentials such as practice, training, and coaching. In a male dominated sport traditionally known to be reserved for the wealthy, Bustamante has worked hard to break through both of those barriers through her sheer determination, self-belief, and hard work.

This ambitious project is all about shaking up the norm and challenging tradition, as Bustamante’s NFT Access Pass will allow for direct interaction with her fans, giveaways to celebrate her milestones, and even behind-the-scenes content, to allow fans to see what it is like to be a female race driver breaking the bias. The ultimate goal of this project is to create an unparalleled fan experience and community, as well as a platform for her sponsors, to ultimately join her on the journey to the top of the sport in Formula 1.

Bustamante also hopes that this project paves the way for other young race drivers to have new avenues to help them gain a voice, grow their community, and raise the necessary support to compete in a sport that requires substantial funding.

What is The Dark Horse?
The Dark Horse is a brave new take on the traditional talent agency and early sponsorship functions – reimagined through blockchain technology. It supports the dreams of drivers like Bianca ? underestimated athletes with surprising speed, strength, ambition and commitment. The Dark Horse project allows Bianca to reap the immediate benefits of the crypto ecosystem with airdrops, tokenization, metaverse integration and beyond.

Project details
The Dark Horse campaign launched last week, with the Whitelist now open and the NFT Mint set to take place from the 27th of May 2022. With a total of 2,000 NFTs available for minting, the first 200 True Fans who join the whitelist will receive priority pricing. Among these, 50 NFTs will be especially allocated to Bustamante’s fans based in the Philippines – also at priority pricing

These 2,000 NFT Access Pass holders will be given access to her inner circle – the BiaCrew community – and receive unique benefits throughout her motorsport career. Pricing for the NFTs are as follows:

  • 0.07 ETH for the first 200 registered whitelist;
  • 0.07 ETH for 50 whitelist allotment created specifically for fans from the Philippines;
  • 0.095 ETH for the remainder of the whitelist;
  • 0.15 ETH upon public mint.

Proceeds from the NFT sale will provide Bianca with the resources that she needs to keep on racing and more. Breakdown of proceeds are as follows:

  • 75% of the proceeds will go towards Bianca’s racing career: coaching, fitness training, track practice and daily living necessities;
  • 20% will go towards service costs from The Dark Horse Team;
  • 5% will be reserved for the community, in the form of rewards, gifts, charitable causes etc.

In return, owners of the NFT Access Pass benefit from gaining instant access to the BiaCrew community, as well as unprecedented access to Bianca’s professional life and the motorsport world at large, including:

  • Regular BTS Content with Bianca (Training & Traveling, AMA’s, Insights etc);
  • Community Interaction with Bianca;
  • Complimentary BiaCrew Merch Pack (upon 2x mint);
  • Priority in future drops along with surprise airdrops;
  • Milestone Prize Pool to BiaCrew community;
  • And more to be announced.

Quotes:

Bianca Bustamante – Race Driver
“I’m so excited to be part of The Dark Horse as a way to support my dream to climb the F1 ladder. It’s been a roller-coaster year for me so far, having secured full-time drives at both W Series and the USF Juniors Series. The Dark Horse is a great opportunity for me to embrace new technology to create a sustainable platform aimed at giving back to those who believe in me. What I’m most excited about are the cool, fun ways in which I can directly interact with my fans. In return for their support, I will work hard to become the best driver in the world and, along with my team, deliver unique content and insights into my life and the motorsport world.”

Darryl O’Young – Manager of Bianca Bustamante
“The challenges of becoming a professional race driver are real, and I know first hand truly how much heart it requires. Bianca has it all: the full package of speed, intelligence, grit and determination – key attributes to making it to the top. Bianca is the embodiment of The Dark Horse ? a happy and unassuming teenager off the track, but once that helmet goes on…you better watch out! We are proud to put together this project aimed at giving back to the fans that believe in her. We are committed to seeing this project through for the long term, growing her community alongside Bianca’s journey and rise.”

Ben Reid – Founder & CEO, Digital Creators (Venture Studio)
“Digital Creators is excited to be the design and build partner on this project. The NFT market is maturing, and projects that offer true, unique value proposition and utility are increasingly crucial in this space. With The Dark Horse, we have created an NFT access pass that achieves exactly that, by giving our “1,000 true fans” a front row seat to an upcoming motorsport talent’s journey. NFT holders will get cool artwork, access to future NFT drops, insider content, prize pools and a range of other surprises the team has in store. This is the user’s chance to both support Bianca, and be a part of history in redefining how rising sports talent can supercharge their careers.”

The Dark Horse Socials:
Discord / Twitter / Facebook / Instagram

Bianca Bustamante Socials:
Instagram / Twitter / Facebook / LinkedIn

Media Contact: pr@craftbamboo.com

Mitrade wins two esteemed awards at Forex Broker Award 2022

Australian Forex and OTC derivatives trading broker Mitrade has received two esteemed awards by FxDailyInfo at the Forex Broker Award 2022.

Mitrade wins two esteemed awards at Forex Broker Award 2022

Mitrade has been crowned the Most Innovative Broker 2022 and the Best Trading Platform 2022. The awards are given by FxDailyInfo, which rewards Forex brokers for consistent innovation and intuitive trading platforms. To declare winners, FxDailyInfo also takes into account several key factors including ground-breaking technology, cross-platform compatibility, responsive customer service, risk management, and fast growth.

“We are profoundly humbled to receive these distinguished awards. We take this double win as a recognition of our hard work and commitment to make trading easy for all. This milestone is an inspirational motivation for our team, that we are on the right track. This achievement has encouraged our team to bring even more innovation to our trading system and make Mitrade a leading Forex trading platform. Our team strives to make our trading platform more intuitive in the future,” said a representative of Mitrade.

Mitrade went through a massive structural overhaul of its team and resources in 2019. It introduced a proprietary web trading platform, which immediately started gaining worldwide attention and engagement due to its simple user interface and smooth function. Later on, the innovative WebTrader was complemented by mobile apps for Google Play and iOS. The mobile apps brought cross-platform compatibility to Mitrade, making trading on the go possible for everyone.

Earlier this year, Mitrade also bagged four 2022 awards from International Business Magazine — Most Trusted Broker Asia, Best Forex Educational Resources Global, Most Transparent Forex Broker Global and Best Trading Platform Australia.

Continuing its innovation streak, Mitrade has recently upgraded its mobile app with cutting edge features. The app now comes with a built-in economic event calendar that lets traders forecast market trends and craft a winning trading strategy ahead of potential market movements. The mobile app also has a tiered trading educational portal, which guides both beginners and experts.

This innovative spirit has won Mitrade many prestigious awards and added to its immense popularity among the global trading community. Mitrade’s evolving technology, dynamic research tools, and instant-response 24/7 customer service fueled its growth to over 1,100,000 customers in a short span of three years. The Mitrade app on Google Play has surpassed 1 million downloads.

In addition, Mitrade has also won the Most Innovative Forex Fintech Broker 2021 by Global Brands Magazine and Best Mobile Trading Platform 2020 by Forex Awards. More information can be found at www.mitrade.com/about-us/awards.

For media inquiries, please contact Ms Belle Toh at belle.toh@mitrade.com.

About Mitrade
Mitrade is an innovative financial technology group and Forex trading leader. It operates under strict regulations by the Mauritius Financial Services Commission (FSC), Australian Securities and Investments Commission (ASIC) and the Cayman Islands Monetary Authority (CIMA). Mitrade was founded by technology experts and finance veterans who had a mission to simplify trading through consistent innovation. With its self-developed proprietary trading platform, Mitrade is pursuing its mission to provide simplified trading to all. Explore Mitrade at www.mitrade.com.

Mitrade’s OTC derivatives trading contains leverage which can cause the loss of your entire capital.

Source: Mitrade Holding Ltd

Indonesian Technology Company, WIR Group to Introduce Indonesia’s Metaverse Prototype

WIR Group (JK: WIRG), an Indonesia-based metaverse technology company, will reveal a prototype of Indonesian metaverse in November 2022, to coincide with the momentum of the 2022 G20 Indonesia Presidency. With a vision to create ‘a liveable world of metaverse for everyone’, WIR Group is committed to enriching life experiences for individuals, companies, and societies through digital reality solutions covering Augmented Reality (AR), Virtual Reality (VR) and Artificial Intelligence (AI).

Indonesia becomes one of the fast country adopter for Metaverse

The metaverse platform being developed by WIR Group will bridge businesses and consumers. It will be the gateway that lead humans to various digital experiences, and at the same time become a platform that can provide new employment opportunities.

The company has signed a number of MoUs for cross-sector collaboration to join the metaverse, with partners that include Bank Rakyat Indonesia and Bank Negara Indonesia from the financial sector. Most recently, WIR Group signed partnership agreements with various entities including Jakarta Fashion Week (JFW), retail giant Alfamart, FMCG company Kalbe Nutritionals, Indonesian independent music label Sun Eater, property developers Vasanta and Triniti Land, and many others.

WIR Group (WIRG) has officially listed its shares on the Indonesia Stock Exchange on April 4, 2022. Through an IPO, WIR Group released 2.33 billion new shares or 20% of the issued and fully paid capital after the IPO, and an additional 233.7 million shares due to excess orders in the centralized allotment. “The high public enthusiasm for WIR Group, which is reflected in the large number of orders that we received, shows the market’s confidence in the company’s fundamentals and prospects. We will maintain this trust by continuing to develop innovations to provide technology solutions for businesses in various sectors to help them face the challenges of this borderless digital era,” said Michael Budi Wirjatmo, President Director of WIR Group.

Since 2009, WIR Group has completed thousands projects and served clients in over 20 countries including the US, Germany, Spain, Nigeria, Singapore, Malaysia, Thailand, the Philippines and Myanmar. WIR Group has received multiple international acknowledgements and accolades, such as the Excellent Communications Design Apps in the 2020 German Design Award, AR Best Campaign at the Augmented World Expo’s 7th Annual Auggie Awards 2015 and 2016 at the Silicon Valley, Innovation 40 from The New Economy London on the London Stock Exchange, and Forbes’ Metaverse Tech Companies to Watch in 2022.

WIR Overview:
WIR Group is one of the pioneers in the Southeast Asian Augmented Reality (AR) technology industry that has developed solutions for numerous foreign companies by combining immersive technology such as Virtual Reality (VR) & Artificial Intelligence (AI). In its biggest innovation called the Metaverse Indonesia, WIR Group presents the Metaverse world experience by putting forward elements of local wisdom in Indonesian culture. As the metaverse software technology company from Indonesia, WIR Group plans to introduce the Metaverse Indonesia prototype in November 2022.

WIR Group has the vision to create a liveable world of metaverse for everyone towards the Web 3.0 era.

Since 2009, WIR Group has completed thousands of projects and served clients in over 20 countries including the US, Germany, Spain, Nigeria, Singapore, Malaysia, Thailand, the Philippines and Myanmar. WIR Group has received multiple international acknowledgements and accolades, such as the Excellent Communications Design Apps in the 2020 German Design Award, AR Best Campaign at the Augmented World Expo’s 7th Annual Auggie Awards 2015 and 2016 at the Silicon Valley, Innovation 40 from The New Economy London on the London Stock Exchange, and Metaverse Tech Companies to Watch in 2022 according to Forbes.

For further information:
Kurniati – Marketing Communications Manager
kurniati@wirglobal.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/122314.

American Premium Water Corp. to acquire CloudXchange DataCentre Inc. to embark on crypto-mining related businesses with earnings guarantee of US$1.5 million for the first 12 months

American Premium Water Corporation (OTC:HIPH) (APW) is pleased to announce that its Board of Directors has approved the acquisition of 100% ownership of CloudXchange DataCentre Inc. (CloudX), an entity that engages in crypto-mining related business through its wholly owned subsidiary CloudXchange DataCentre Pte Ltd (CloudX SG), to diversify the Company’s earnings. The purchase price of the transaction will be at a consideration of US$45.6 million, which reflects a projected price-to-earnings ratio of 30. To fund the acquisition, the Company will issue restricted common shares of equivalent value to Mr Chan Heng Fai, Ambrose (Seller), the sole shareholder of CloudX.

CloudX is engaged primarily in investment within the cryptocurrency space with a focus on crypto-mining and staking activities. Crypto-mining refers to the process that verifies and adds new transactions to the blockchain by solving complex mathematical equations for a cryptocurrency. The crypto miner that solves the complex mathematical equations first is rewarded with the respective cryptocurrency. Staking cryptocurrencies is a process that involves using crypto assets to support a blockchain network and verify transactions.

For risk management purposes, CloudX’s crypto-mining data centers will be strategically set up in locations such as Singapore, Malaysia (Sarawak) and Texas, United States with various service providers.

Ryan Fishoff, CEO of APW commented “The Company is very excited to enter into the crypto-mining space. This acquisition is designed to provide APW with a stable and growing revenue stream, and position the Company for long-term growth and profitability. The acquisition of CloudX will be transformative for the Company as APW embarks on a new business strategy that is designed to enhance shareholder’s value.”

As part of the terms of the acquisition agreement, the Seller has provided APW with a guarantee to generate a minimum of US$1.5 million in earnings before interest, taxes, depreciation and amortization (“EBITDA”) for CloudX SG within the first 12 months from June 2022 or upon the full delivery of the mining rigs (miners). In the event that the EBITDA of CloudX SG falls short of US$1.5 million, a guaranteed top-up for any shortfall amount up to US$1.5 million will be borne by the Seller.

With the acquisition of CloudX, the Company will be focusing on the crypto-mining sector, and intends to change its name to “American Premium Mining Corporation”. The Company has previously been focused on building brands that utilize cutting edge bioscience and nanotechnology in the CBD and wellness space.

About CloudXchange DataCentre Inc.

CloudXchange DataCentre Inc. is a holding company for CloudXchange DataCentre Pte Ltd which is engaged primarily in investment within the cryptocurrency industry with a focus on crypto-mining and staking activities. CloudX endeavors to leverage the potential of the cryptocurrency space to generate predictable revenues and operating income.

About American Premium Water Corporation

APW is a diversified consumer products company focused on brands that utilize cutting edge bioscience technology. The Company is focused on harnessing the power of Nano technology that utilizes CBD and other compounds to help increase the quality of life for its consumers.

Forward-Looking Statements
This press release includes statements that may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties that are often difficult to predict, are beyond our control, and which may cause results to differ materially from expectations. For a discussion of the most significant risks and uncertainties associated with the Company’s business, please review our filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which are based on our expectations as of the date of this press release and speak only as of the date of this press release. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Contact Information
American Premium Water Corporation
12777 Jefferson Boulevard
Building D
Playa Vista, CA 90066
Email: info@americanpremiumwater.com