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Happy Bermuda Shorts Day, Web 3 Style!

Back in 1960 when Alan Arthur penned “April 1st Bermuda Shorts Day” on a campus announcement board, he started a new tradition. This simple act ignited a tradition, marking the final day of the winter semester with a festive celebration. Over time, it evolved into a cherished annual event, bringing the campus community together in joyous camaraderie.

But what about all the others who cannot join the party on the campus?

A fun project was sparked with this comment to take BSD into Web3 as NFTs! Introducing BSD.NFTs: The First 404 Meme/NFT Hybrid on BASE Chain with Impact. Spearheaded by NFTPunks, BSD.NFTs is set to redefine the world of NFTs with Impact, making waves both in the blockchain community and on the beach.

Join us in celebrating the inaugural Web3 Bermuda Shorts Day, where you can mint your very own BSD NFT and be a part of something truly impactful. Together, let’s shape the future of NFTs and make a difference in the world. Visit https://bsdnfts.com/ to learn more and get involved.

What sets BSD.NFTs apart is its commitment to driving positive change. By collaborating with nonprofits and leveraging the power of Web3 technology, BSD.NFTs is forging a connection between digital assets and real-world impact. Each limited edition Bermuda Shorts NFT represents more than just a piece of generative digital art —- it signifies a contribution to meaningful causes.

Now, to the good part, we are planning to celebrate the next BSD on the beach with a massive beach party (two dudes and a drink!). How massive will it be? Well, that’s up to you, all we know is that you will need your BSD NFT to party with us in the VIP section (leftover Pizza) is reserved for those who mint the full 20 NFT set.

Catch us at the upcoming NYC conference, where he will be sharing insights into the creation of NFTs with profound impact. https://whenworldscollide.io/

This visionary approach is poised to reshape the landscape of digital ownership and philanthropy. Learn more about Bermuda Shorts NFTs at https://bsdnfts.com/

Source: Plato Data Intelligence

About PlatoAi

PlatoAi is at the forefront of machine learning and AI technology, creating innovative solutions that transform how businesses engage with their audience. They specialize in advanced learning algorithms and AI-driven products. To learn more about Plato.ai visit https://PlatoAistream.com.

Contact:
Bryan Feinberg, CEO
Zephyr@Platodata.io

Crypto Oasis Ventures Opens New Venture Studio Office at DIFC Innovation Hub and Signs Memorandum of Understanding (MoU)

Crypto Oasis Ventures the inceptor of the fastest growing Blockchain ecosystem in the world, the Crypto Oasis, has signed a Memorandum of Understanding (MoU) with Dubai International Financial Centre (DIFC), the leading financial hub in Dubai.

Under the terms of the MOU, Crypto Oasis Ventures will support the DIFC Innovation Hub with subject matter expertise for their ongoing and upcoming start-up accelerator programmes. The announcement coincides with Crypto Oasis Ventures official opening of its second office in the DIFC Innovation Hub for its Venture Studio. The move signifies Crypto Oasis Ventures’ commitment to expanding its presence in Dubai and further strengthens its position as a key player in the global Blockchain ecosystem.

“We are thrilled to partner with Dubai International Financial Centre (DIFC), a renowned financial hub known for its regulatory excellence and commitment to fostering innovation,” said Faisal Zaidi, Co-Founder and CMO of Crypto Oasis Ventures. “By establishing our office within the DIFC Innovation Hub, we aim to leverage The Centre’s vibrant ecosystem, collaborate with like-minded organisations, and explore new opportunities for growth.”

DIFC is a leading global international financial centre that plays a pivotal role in driving economic diversification and innovation in the region. As a strategic partner, DIFC will provide the Crypto Oasis Ventures ecosystem with access to a network of global investors, industry experts, and regulatory resources. This collaboration will facilitate the development of cutting-edge blockchain solutions, positioning Crypto Oasis Ventures at the forefront of the digital transformation in the financial sector.

Mohammad Alblooshi, Chief Executive Officer of DIFC Innovation Hub commented: “The DIFC Innovation hub has a long history of partnering with leading and visionary institutions to enable business growth for our start-up ecosystem. This partnership will bring immense value to start-ups participating in our various accelerator programmes this year who will be able to leverage on Crypto Oasis’s expertise to amplify their existing business models.”

“We are pleased to see Crypto Oasis expand their presence here in Dubai at the DIFC Innovation hub as they continue to innovate and drive growth in collaboration with our vibrant community of tech and innovation disruptors,” he added.

The strategic location of the Crypto Oasis Studio, at DIFC Gate Avenue, will enable Crypto Oasis Ventures to enhance its operations and strengthen its relationships with key stakeholders. By establishing a physical presence within DIFC Innovation Hub, the company aims to attract top talent, collaborate with industry leaders, and forge partnerships that drive Blockchain adoption globally.

About Crypto Oasis Ventures

Crypto Oasis Ventures is a leading Venture Builder with a strong focus on the Middle East and North Africa region. It has successfully established the Crypto Oasis Ecosystem, which has emerged as the world’s fastest-growing Blockchain Ecosystem. In the United Arab Emirates alone, the ecosystem has identified over 1,800 organizations and boasts a workforce of more than 8,650 individuals dedicated to the Blockchain industry. The ecosystem encompasses various stakeholders, including Investors & Collectors, Start-Ups & Projects, Corporates, Science & Research Institutions, Service Providers, and Government Entities & Associations.

As one of the pioneers in the local venture-building landscape, Crypto Oasis Ventures benefits from a global network and maintains robust connections to the renowned Crypto Valley in Switzerland. Notably, it holds the distinction of being the first Web3 venture-building company based in the Dubai International Financial Centre (DIFC). The primary goal of Crypto Oasis Ventures is to nurture the ecosystem and expedite the growth of Web3-related organizations in the Middle East, North Africa and beyond.

Crypto Oasis Ventures has spearheaded several successful ventures, including Crypto Oasis Labs, Crypto Oasis Sentio, arte, Crypto Oasis Games Guild, Inacta Communications, and The Green Block. These ventures showcase the company’s commitment to innovation, collaboration, and sustainable development within the Web3 space. For more information, visit www.cryptooasis.ae.

About Dubai International Financial Centre

Dubai International Financial Centre (DIFC) is one of the world’s most advanced financial centres, and the leading financial hub for the Middle East, Africa and South Asia (MEASA), which comprises 72 countries with an approximate population of 3 billion and an estimated GDP of USD 8 trillion.

With a close to 20-year track record of facilitating trade and investment flows across the MEASA region, the Centre connects these fast-growing markets with the economies of Asia, Europe and the Americas through Dubai.

DIFC is home to an internationally recognised, independent regulator and a proven judicial system with an English common law framework, as well as the region’s largest financial ecosystem of over 36,000 professionals working across over 4,300 active registered companies – making up the largest and most diverse pool of industry talent in the region.

The Centre’s vision is to drive the future of finance through cutting-edge technology, innovation, and partnerships. Today, it is the global future of finance and innovation hub offering one of the region’s most comprehensive FinTech and venture capital environments, including cost-effective licensing solutions, fit-for-purpose regulation, innovative accelerator programmes, and funding for growth-stage start-ups. Comprising a variety of world-renowned retail and dining venues, a dynamic art and culture scene, residential apartments, hotels and public spaces, DIFC continues to be one of Dubai’s most sought-after business and lifestyle destinations.

For further information, please visit our website: difc.ae, or follow us on LinkedIn and Twitter @DIFC.

For media enquiries, please contact:

Maria Fernandez
Marketing Manager, Crypto Oasis Ventures
Tel.: +971 056 385 3146
E-mail: maria@cryptooasis.ae

Omar Nasro
ASDA’A BCW | +9714 450 7600 | omar.nasro@bcw-global.com

Rasha Mezher
Dubai International Financial Centre Authority
Consultant, Marketing & Corporate Communications
+97143622451 | t-rasha.mezher@difc.ae

Oku Launches Advanced On-Chain DEX Trading System

The Most Advanced DeFi Trading Platform, Powered by Uniswap V3

In a major leap forward for decentralized trading, GFX Labs has announced the launch of Oku. The innovative platform offers an intuitive yet robust interface for Uniswap v3, the leading decentralized exchange (DEX) protocol in the world of decentralized finance (DeFi).

Born from the need to improve the underwhelming trading interface of existing DEX protocols, GFX Labs was awarded a $1.6 million grant by the Uniswap Foundation to tackle this challenge and establish Oku. The platform addresses the needs of pro-retail traders by offering advanced features typically found in traditional exchanges such as Binance or Coinbase, including order books, price charts, depth charts, trading history, user order history, and more.

“After a year of growing mistrust in centralized institutions, Oku presents a compelling solution for traders combining the security and trust of the Uniswap Protocol with the speed and creature comforts of a centralized exchange. The Uniswap Foundation is proud of the work done by GFX Labs and is excited for crypto traders around the world to level up their DEX trading experience,” says Devin Walsh, the Executive Director at the Uniswap Foundation.

Oku is available on Ethereum, Polygon, Arbitrum, and Optimism, with more chains coming soon. Its interface supports all existing and new Uniswap v3 pools, and no token listing request is required, unlike traditional exchanges. The platform dramatically surpasses the industry standard, boasting a comprehensive and speedy analytics site that offers detailed pool, position, and token information. In addition, it brings the capability for limit orders that can be configured for any pool, reshaping the expectations for user accessibility and experience in the process.

The platform’s trader-oriented design allows users to switch between markets quickly and efficiently, track their historical activity, and view live trading. Users can place bids and offers at specific prices, and don’t need to be present for their fulfillment, a feature unique to Oku’s trading system.

“As the first robust trading infrastructure built upon the advanced Uniswap v3 protocol, Oku is poised to rival the industry’s leading centralized exchanges. Simultaneously, Oku sets itself apart with a user-friendly interface and intuitive design, making complex trading operations straightforward and visually appealing,” affirmed the Oku team.

About Oku
Experience the future of decentralized trading with Oku, a front-end built for the Uniswap v3 protocol and seeded by the Uniswap Foundation. Oku goes beyond the standard trading interface, offering professional-grade features like live order books, detailed price charts, advanced limit orders, and a customizable favorite markets list. Designed with an intuitive interface that caters to both novice and experienced traders, Oku seeks to fill the gap between Uniswap and traditional exchanges. Our commitment is to enhance the DeFi user experience and pioneer the next generation of trading, making the transition from centralized to decentralized platforms seamless and empowering. For more information, visit https://oku.trade.

Contact Information
Michael Herron
Head of Marketing
mherron@gfxlabs.io

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GroundUp Studios Launches in Hong Kong to Re-imagine Music & Art in Web3

GroundUp Studios, a forward-thinking, web3-focused music label today announced that it has officially launched its operations in Hong Kong. The company is one of the first entertainment platforms in Asia focused on the development of original art and music utilizing NFT and blockchain technology.

GroundUp Studios’ vision is to shine a light on the impressive pool of musical and artistic talent in the region. By using transformative technologies like blockchain and NFTs, it aims to drive the creation and commercialization of art that will be ultimately seen and embraced around the world.

GroundUp’s plan is to build a comprehensive web3 ecosystem of NFT art investors; technology enthusiasts; music and art lovers; songwriters; producers; and artists of all disciplines. The goal is to use new-generation social media platforms to create a borderless space for artists to socialize and connect with the web3 world. This in turn inspires artists with new artistic ideas, empowering them to re-imagine the music and art that they are capable of creating.

As part of this community building effort, GroundUp Studios plans to issue its first NFT membership access pass in the coming months. Apart from networking opportunities, owners of this access pass will gain a wide range of benefits – from virtual music sharing sessions; to live songwriting jams; and exclusive IRL artist performances. More details will be provided in the coming weeks.

Multi-disciplined Management Team

GroundUp Studios is led by co-founder and Creative Director Adrian Fu. Fu is a multi-disciplined executive with over 20 years of experience in brand marketing and partnerships, as well as having extensive work experience in technology sectors. Furthermore, he is also an award-winning songwriter and recording artist in his own right, having written for top-tier artists in Greater China such as Eason Chan, Sammi Cheng and others. As a recording artist, he has released two albums to his name, of which his debut album “Good Morning, Hard City” earned him a nomination in 2015 at the 26th Golden Melody Awards for best newcomer of the year.

Fu will be joined by a dynamic team that engages with a vibrant Web3 global community. The team has minted out several NFT projects in recent years, and also has extensive experience building and operating regulated CeFi platforms, DeFi infrastructures, and blockchain-based applications for mainstream adoption.

Collectively, the team will advise artists on how to build (and own) their brand utilizing Web3 tools including minting NFTs, representing themselves in virtual worlds, and establishing an engaged community.

“Adrian’s uniquely diverse experience across marketing; recording artist; published songwriter; and NFT / blockchain project execution is a natural fit with the team’s extensive web3 and fintech expertise. Together, we will unlock the true value of web3 to artists and fans, as we achieve true democratization and equality of music, commerce and monetization,” said Alexander Lee, Executive Director. With experience across TradeFi, CeFi, and DeFi, Lee was involved in spearheading the early developments of SFC-licensed virtual asset platforms, and continues to drive mass adoption of Web3 across mainstream sectors.

Fu said, “I am excited about the promise of web3 music, which presents incredible new opportunities for artists around the world – both commercially and artistically. I firmly believe that the timing is right to launch a music company like GroundUp Studios. We are witnessing a giant leap in technological innovation right now, which is rewriting the mechanics and rules of most industries and businesses. Now, professional and amateur artists are able to create and connect with audiences halfway around the world, while generating steady revenue. In my view, we are on the cusp of a golden age in art and music.”

Web3 music sector ramping up

As an umbrella family of new technologies, web3 is still in its early stages of development but it has already transformed the arts industries. Currently, the music NFT market is only valued at around US$87 million (source: Token 2049), but artists are now realizing the potential opportunities – including new monetization models, to new forms of creative expression.

Commercially, artists now leverage blockchain technology and NFTs to sell their music directly to fans without intermediaries such as traditional record labels, managers and distributors. This enables faster payouts and expanded revenue streams for all levels of artists. For example, iconic rapper Nas teamed up with DJ 3LAU’s platform, Royal, to release his first-ever NFT collection. 1,870 NFTs were issued across two drops; both were sold out in minutes which generated over US$560,000 in revenue.

From a music fan’s perspective, web3 music (through NFTs) offers new ways for them to engage with their favorite artists and music. In many cases, NFTs allow fans to actually own a unique piece of digital art or song, and could deepen their engagement and support for their artists beyond sharing social media posts. As owners of an artist’s NFT, fans can play a more active role in shaping an artist’s day-to-day business and creative decisions, allowing audiences and artists to grow together in more meaningful ways.

About GroundUp Studios

GroundUp is a forward-thinking, web3-focused music label that views music and art in a brand new light. It aspires to empower #ExtraOrdinaryArt and Artists, by creating a borderless space for creators to connect, collaborate and commercialize. We do so by capitalizing on rapidly transforming technologies, economics and consumer/artist dynamics.

For media enquiries, please contact PR@groundupstudios.io

For all enquiries, please email contact@groundupstudios.io

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Rare Artworks by Picasso and UAE Royal Family Member to be Auctioned together for the First Time

The Rare Antiquities is revolutionising the way museums and galleries are presented in the web 3.0 space through their unique technology. By making high-value art available to everyone, regardless of the budget. It is the first platform to fractionalise a Banksy and distribute the fractionalised pieces as individual NFTs, customisable in size. They have live fractionalised auctions scheduled throughout 2023 for art and antiquities valued at over $1Bn.

To start off the year The Rare Antiquities will host one of their first auctions on the 12th of February 2023. The Red carpet event will take place in Sama L Ain Gallery in Dubai where three Picassos and one painting created by one of the members of the Ras Al Khaimah Royal Family will be auctioned for shared ownership. The main aim of the event is to allow the appreciation of art to rise through shared ownership by giving more people the opportunity to own a piece of it.

The painting that will be featured in the auction was created by Artist Noora Alredhwan, the Mother of Sheikh Humaid Bin Khalid Al Qasimi. It is dedicated to the 50 year anniversary of the UAE. During EXPO 2020 Dubai it was displayed in the UAE Pavilion for six months. Now, for the first time, it will be accessible for the public.

One of the paintings on auction features a lithography that Pablo Picasso created a few years after the end of the second world war, in 1949. Picasso was particularly passionate about this technique, where stone or metal are treated in a way so that it can be painted or printed on. Another one of the Picasso paintings was created in 1945, using the gouache technique with opaque watercolor, ink and wash on paper. One of Picasso’s later works, “Like an animal”, which was created in 1957 will also be part of the auction.

Ryan Howells, Founder of The Rare Antiquities, commented on the project and explains the motivation behind it: “The fractionalisaton of art represents a new paradigm fostering a new approach to the appreciation of art. Through this event we hope to bring together like minded people where they can enjoy what each art piece has to offer.”

One of the hosts of this special event is Sheikh Humaid Bin Khalid Al Qasimi. This auction is not just about the art, it’s about bringing to market a new way of sharing ownership of artwork that at any other time would be inaccessible to the majority of people.

“For us, art is an important channel to connect with society. It is about accessibility: One aspect of this initiative is that sharing our own artwork with the people brings us closer to the public. Another aspect is that technology enables shared ownership, which allows for more people to access this art,” said Sheikh Humaid Bin Khalid Al Qasimi.

Mohamed Al Banna, initiator and mentor of the the initiative said: “The collaboration with The Rare Antiquities follows our mission of building bridges: On the one hand we’re building a bridge between Royal families and the people through art, and on the other hand we create access to highly curated art, like the Picasso works, for a larger audience and not just a few privileged people.”

The Rare Antiquities brings museums and galleries to the Metaverse with Rare City which also hosts districts for education, charity, crowdfunding and more. AURA Skypool Lounge, the world’s highest 360 degree infinity pool, will now be made available to everyone through a digital space created in the Metaverse.

The move into the Metaverse for the destination is being curated by Rare City which is a part of The Rare Antiquities that leverages blockchain technology for the Rare City Metaverse. This is the first of many venues ‘The Rare City’ plans to bring into the Metaverse, allowing people to relive a memory, experience or a unique adventure from anywhere.

About The Rare Age

The Rare Age brings museums and galleries to web 3.0 through our one-of-kind technology making high valued art accessible to any individual regardless of budget. The first platform to automate fractionalisation of a Banksy and distribute fractions as individual, configurable in size, NFTs.

Live fractionalised auctions scheduled throughout 2023 for art and antiquities valued at over $1 billion. The Rare Age brings museums and galleries to the Metaverse with The Rare City which also hosts districts for education, charity, crowdfunding and more.

https://therareantiquities.com/

For more information contact:
Faisal Zaidi
Inacta Communications
faisal.zaidi@inacta.com
media@inacta.com
+971552000840

Pawswap: The Future of Decentralization on Shibarium

Have you heard of Pawswap? If you are a Shiba Inu hodler, you should be familiar with Pawswap, an upcoming decentralized exchange created to make crypto trading accessible to everyone. Pawswap is inspired by the Shiba Inu and is built on Shibarium, an upcoming Layer 2 blockchain, focused on increasing transaction speed and lowering costs to grow the Shiba Inu ecosystem. Are you prepared for the biggest game-changer yet? Pawswap is ready to change your cryptocurrency trading experience, so let’s get started right away!

What is Pawswap ($PAW)?

Pawswap’s innovative approach aims to encourage more people to venture into the world of crypto trading and make it easier for all traders. Pawswap aims to build a user-friendly platform that supports a diverse range of assets such as cryptocurrencies, stablecoins, NFTs, and more. Pawswap has the potential to provide users with a seamless trading experience and make cryptocurrency more accessible to everyone.

$PAW, a promising new asset, was officially launched on the ETH network but recently expanded its ambitions by deploying on both the BSC and Polygon networks. The innovative use of the same contract address across chains by $PAW makes it an appealing option for investors, as they can now easily track $PAW across multiple networks. This adaptation demonstrates PAW’s commitment to being an accessible and versatile option for all types of investors.

Pawswap offers a launchpad for aspiring developers to launch their projects, conduct KYC so users can make more informed decisions, and facilitate multichain trading with extremely fast transaction times. Plus, Pawswap complies with federal and regulatory laws, so you can be sure that all transactions are safe and secure. That’s not all: Pawswap also has a token-based governance system that enables the community to make autonomous decisions about plans for the future of both $PAW and the Pawswap platform.

Solid technology and strong communities

Pawswap’s alpha testing has gone as planned, with nodes being implemented so that full functionality is only a short distance away. With an eye toward the Shibarium launch, the $PAW team is commencing beta testing in a limited fashion. This will help prioritize the development timeline and receive feedback quickly to take care of any needed fixes. People using the BETA version of Pawswap can enjoy connecting to networks like ETH, Polygon, and BSC through the native token bridge, making cross-chain transactions a breeze.

By launching the native bridge onto Shibarium, users of the ETH, BSC, and Polygon networks now have access to Shibarium markets and liquidity pools. They can also easily transfer existing assets and trading capabilities. This is a huge step forward in blockchain interoperability, bringing Shibarium into contact with other chains worldwide. Plus, with the introduction of $PAW Tokenomics, Shibarium customers now have access to numerous incentives within the cross-chain liquidity pool ecosystem.

Shibarium – the multi chain network

Shibarium is finally ready to go live, and what better way to bring it into reality than with the launch of the Pawswap Multichain DEX? The Shibarium network has enabled this revolutionary piece of technology, which brings together multiple chains on one platform. To capitalize on the opportunity, the $PAW team have worked tirelessly to amplify their beta development prior to Shibarium’s release to ensure successful pre-launch testing.

Shibarium is on its way to becoming an incredibly powerful blockchain that expands and enriches the decentralized finance space. Shibarium has created a layer two architecture that enables scalability, innovative solutions, and next-level security. This layer two setup encourages collaborative progress with prompt and reliable operations throughout the system. Due to Shibarium’s efforts, users can utilize the ecosystem to its full potential. Shibarium’s layer 2 aims to set new standards for security, innovation, and scalability within DeFi circles and more widely across blockchain technology. Shibarium has unleashed a progressive and efficient network for individuals of all technological backgrounds, leading the way in advancing the cryptocurrency game as we know it today.

As of 2023, there were 420 million crypto users (https://triple-a.io/crypto-ownership-data/) worldwide. With Pawswap, you can join this exciting new ecosystem while trading your favorite digital asset–Shiba Inu! So, what are you waiting for? Get started today and see how Pawswap can improve your crypto trading experience.

For more information, visit:
https://pawecosystem.com
Medium – https://medium.com/@0xpawswap
Telegram – https://t.me/Paw_Community_Owned
Twitter – https://twitter.com/pawshibarium

Media contact:
Sean Thenards.
team@pawecosystem.com

W Motors Ventures into the Metaverse to Create an Immersive Experience Around Their Hypercars

W Motors, the leading manufacturer of Luxury Hypercars in the Middle East, is all set for its entry into the Metaverse and Web3 space. With Tokengate as a crucial partner, the company will become one of the first car manufacturers to use the Metaverse and create a pioneering immersive, innovative, and inclusive experience around their hypercars.

In a pioneering move, the iconic manufacturer of Luxury Hypercars is stepping into the Metaverse, in partnership with Tokengate.

Key Highlights:
– W Motors will establish itself as a precursor in the industry by redefining and bringing a whole new dimension to the automotive experience.
– This step represents the beginning of an extensive W Motors Metaverse Experience program, which will embed W Motors into the digital world.
– W Motors is launching the HyperWolves NFTs, representing the spirit animal of the W Motors cars, the Wolf.
– As W Motors’ trusted partner, Tokengate will ensure a smooth and seamless transition into the digital world.

The W Motors Metaverse will constitute a hub where like-minded members can come together as part of a digital community, offering users a digitally native update to the age-old experience of designing cars, building models, and playing racing games.

A unique collection of 10,000 “HyperWolves” NFT Profile Pictures will serve as a gateway for the W Motors Metaverse and digital roadmap. These NFTs will represent the spirit animal of the W Motors cars, the Wolf. Owners of HyperWolves NFTs will have exclusive access to the world of W Motors from track days, global motorsports events, and community-driven hypercar designs, to factory tours, where users are able to follow the hypercars’ journey from the origination to the building process.

In addition, NFT holders will be awarded a virtual car designed by W Motors. The car will be selected from a series of exclusive, rare, and never-seen-before hypercars, including 110 Fenyr SuperSport and 7 Lykan HyperSport models, from which the latter were featured in the Fast and Furious 7 blockbuster movie. HyperWolves owners will eventually be able to customize their hypercars and integrate them into the web3 blockchain games. At a later stage, W Motors is planning to create its own metaverse and game for NFT holders.

The W Motors Metaverse will enable the company to push the boundaries of performance and design and create distinctive, limited edition car designs on a brand-new digital landscape, without any constraints. This new venture will revolutionize customer experience, allowing W Motors to connect to a new type of consumer within a new dimension, where members can meet, chat, and share their interests. The Metaverse-centric experiences will enable W Motors to win greater loyalty and drive strong engagement through personalized and authentic brand interactions.

Ralph Debbas, CEO of W Motors, commented: “This is an exciting time for our brand as we unveil our move into the Metaverse. We are staking a claim to the Metaverse space as the first step in our digital web3 journey and we aim to offer a range of fascinating digital content for our customers. We will push the boundaries and create ground-breaking enhanced and exclusive digital experiences to elevate their membership in the W Motors universe.”

As the official partner of W Motors Metaverse, Tokengate will allow the company to create and drive consumer engagement with delightful digital content and technical support. Nathan Kaiser, Chairman of the Board at Tokengate, stated: “We are thrilled to be a partner of the W Motors Metaverse and will enable them to offer customers a deeper, more engaging digital experience. We will help them through the uncharted waters of the Metaverse and web3 space to create a digital W Motors universe that will represent their luxury hypercars.”

With its industry-leading expertise in metaverse and blockchain technologies, Tokengate is well-positioned to support W Motors in fulfilling its vision in this rapidly developing and expanding space. The flexibility of the platform will also attract curious enthusiasts and “NFT-First-Timers”, by offering the option to purchase an NFT via credit and debit cards, without the need for a crypto wallet.

The Metaverse is blurring the lines between our physical and digital worlds and W Motors is ready for its limitless potential to create user-driven, captivating experiences that prioritize ownership, creativity, and inclusivity. Keep an eye on the HyperWolves website and subscribe to the Discord platform for more news about the W Motors Metaverse and its unprecedented offerings.

About W Motors Automotive Group Holding Ltd. www.wmotors.ae

Founded in 2012, W Motors is the first manufacturer of high-performance luxury sports cars in the Middle East. Based in Dubai, the company is fully integrated with activities ranging from Automotive Design, Research & Development to Engineering and Manufacturing, as well as Automotive Consultancy within its Special Projects Division.

Led by Founder and CEO Ralph R. Debbas, and in partnership with leading automotive engineering and manufacturing companies around the world, W Motors creates some of the most exclusive and technologically advanced vehicles on the market today.

In 2019, W Motors became the first private company to deposit its shares in Nasdaq Dubai’s Central Securities Depository (CSD), and established W Motors Automotive Group Holding Limited, a holding company, in the Dubai International Financial Centre (DIFC).

The first hypercar created by W Motors was the iconic Lykan HyperSport, which catapulted the company to international stardom when it took centre stage as hero car in Universal Studios’ Furious 7. Its latest hypercar to be launched is the Fenyr SuperSport, a limited edition with a production run of 110 units. The company also created the world’s most advanced security vehicle for Dubai Police, the Ghiath. W Motors will soon open its state-of-the-art automotive facility in Dubai, UAE, which will accommodate the production of all current and future models including electric and autonomous vehicles, in line with Dubai’s vision of becoming the “world’s smartest city.”

About Tokengate

Tokengate simplifies the world of blockchain, tokenized assets and the Metaverse for clients and investors. Since 2018 Tokengate has been working on the frontiers of Web3, offering software for the issuance and management of crypto assets and providing consulting services.

Press Contact W Motors
Catherine Debbas
Managing Partner
catherine@wmotors.ae

Christine Abi Assi
Communications Director
christine@daydreamer.agency

Press Contact Tokengate
David Hein
INACTA Communications / Crypto Oasis
david@cryptooasis.ae

Paribus: DeFi Protocol for Exotic Digital Assets

DeFi protocol Paribus announces the launch of their testnet MVP, the beginning of a new approach to DeFi. Secure, trustless, and truly decentralized, Paribus users will be able to borrow against previously illiquid digital assets such as NFTs.

Put simply, Paribus is a cross-chain, DeFi borrowing and lending protocol. With the unique selling point of allowing exotic assets like NFTs, LP tokens, virtual lands and synthetics to be used as collateral for loans. The platform will also utilize standard crypto assets. Being cross-chain, Paribus will be on multiple chains but is building for the Cardano ecosystem, and will access their blockchain via side-chains.

Paribus focuses on evolving with new digital asset classes, and has recently launched the testnet MVP of their platform. Their testnet MVP will feature traditional borrowing and lending with standard crypto assets for members who participate in Paribus’ staking program.

Paribus currently offers staking in their gold staking pool. The gold pool, Aurum, allows users to stake from 1,000,000 to 6,000,000 PBX for 365 days (less than 5 months remaining) for a minimum of 30% APY reward level. Since the APY is dynamic, rewards can increase, and is currently at 31%.

There is a growing need for both interoperability and the ability to borrow against exotic assets like NFTs in DeFi. The NFT space is growing, institutional investors are becoming more interested in the potential of cryptocurrency, and the industry grows leaps and bounds every day. Paribus plans to be the platform for DeFi lending, leveraging their tech and security to bring users a well-rounded experience. Their full MVP launch will include APY boosts, and attractive rates and returns for users.

This is just the beginning of the Paribus roadmap. With a team that believes in steady growth, strong fundamentals, and providing a new level of security for users, Paribus will bring much-needed legitimacy to DeFi borrowing and lending.

Paribus’ token (PBX) is currently trading on KuCoin, Gateio, Uniswap, Orion Protocol and ZT Exchange.

Learn more about Paribus: https://paribus.io

Source: Plato Data Intelligence: https://platodata.io

Quantum Generation and Plato collaborate to deploy a Fully decentralized Space base quantum Network by 2027

Quantum Generations Qubit Blockchain The first testing node was launched to low Earth orbit in 2018 on SpaceX and was the first generation of Blockchain to engage in the space race and quantum space revolution. Schedule to deploy the Plato Blockchain nodes in the 1st quarter of 2023.

The partnership between the space industry and Blockchain is mutually beneficial. Conducting transactions via satellites will provide an even higher level of security and decentralization to distributed ledger technologies like Plato and Qubit Blockchain. Consequently, the quantum infrastructure is protected against any physical intrusion.

Plato’s robust WEB3 platform and data execution, coupled with Quantum Generations’ quantum communications, data storage technology, and space-based Quantum Internet, will transform the digital economy and open up the last mile.

Additionally, the collaboration will present a chance to advance space technology. We have opened up an exclusive membership program for the QG Community. Every new member will receive a Web3 address from the Plato’s platform and be placed on the priority list for the QPhone and other products and services. “We are thrilled to be a part of such significant industry advancements. Furthermore, we are pleased to collaborate with a distinctive partner in Plato, which will now be the Fourth Blockchain to participate in this space race,” said Larry Castro, CEO of Quantum Generation.

The partnership represents a huge step toward the quantum space revolution and a new frontier.

About Quantum Generation

Quantum Generation is developing 24/7 access with new sovereignty worldwide under a decentralized, incentivized, secure, and private platform. Space-Based Quantum Ecosystem QUBIT Blockchain Satellites and Quantum Generation Quantum Mesh Network. Creating the QG (Quantum Generation) Space-Based Social Community. QGWave (Quantum Frequency), transforming our global infrastructure in quantum communications, space-based banking, exchange, data storage, Decentralized social platforms, and more with QSAT quantum secure satellite constellation.

Video: https://youtu.be/Wskld60-dc0
Web: https://quantumgeneration.io

About Plato

Plato is an open intelligence repository and platform that curate’s the latest data intelligence across the innovation economy. The platform is designed to provide a safe and secure environment to consume sector-specific real-time data intelligence while delivering fully secure Web3 connectivity. Plato covers 27 Market Verticals across 27 languages. Plato’s mission is to drive the shift to Web3 by organizing the technology sector via real-time research access across multiple data sets including an organized taxonomy consisting decentralized directories; news and intelligence, regulatory information, company fundamentals, pricing and liquidity, data analytics, OnChain data, people directory, dApp directory and GitHub contributions to the registry. Plato was designed to seamlessly connect users with thousands of Defi specific applications

Web: https://platodata.ai
Video: https://vimeo.com/557585798

CortDAO Racing W Series Team Launches NFT Initiative To Supercharge Women’s Participation In Motorsports

Women have been historically underrepresented in motorsport due to the lack of funding and opportunity. CortDAO, in partnership with W Series, is looking to change that dynamic. By appealing to the Web3 community and a growing women’s motorsports fanbase, CortDAO is launching its first-ever series of NFTs, with its proceeds to be invested in W Series.

CortDAO was founded by Michael Livingston with the mission to build a community-led platform that could authentically promote female racers and further women in motorsports. The first step of its mission was to launch a team in W Series, the world’s first free-to-enter single-seater motor racing championship for women. Unveiled in March, the CortDAO Racing W Series Team now competes in the 2022 season of W Series and is preparing for the upcoming round at Silverstone, UK, alongside the F1 Lenovo British Grand Prix this weekend.

CortDAO is looking at new ways to involve the Web3 community in its crowdfunding ventures, as well as engage with corporate sponsors who believe in its mission. With W Series Round 4 around the corner, the focus is now on releasing CortDAO’s first-ever NFTs (non-fungible tokens) to secure additional investment. Launching on 30 June – a total of 10,000 NFTs depicting two bespoke CortDAO Racing assets (5,000 NFTs of each design with a unique identifier from 1 to 5,000) will be issued. The two designs, created by Team Quantum Punks, will be 3D virtual depictions of the limited-edition racing helmets of team drivers Marta Garcia (21, ESP) and Fabienne Wohlwend (24, LIE).

One-third of the proceeds from the sale of CortDAO NFTs will go towards sponsorship of the team, and two-thirds of the proceeds will go towards CortDAO’s investment in W Series Limited at the last traded price. CortDAO is looking to raise GBP1milion in this initial release, and in time, CortDAO will offer purchasers the opportunity to convert each NFT into a token.

Michael Livingston (Founder CortDAO)
“We have had many people wanting to assist in growing W Series and women’s racing and have tried to price our NFTs as affordable as possible to our fanbase. Our NFTs will bring fans closer to the action and allow them to feel a sense of pride as their money will go towards supporting women struggling to succeed in a male-dominated sport. CortDAO will not receive any profits from the sale of its NFTs, so our intentions are genuine. The proceeds after costs will flow to W Series so that purchasers will be helping not only CortDAO and our brilliant drivers, Fabienne Wohlwend and Marta Garcia, but also the whole W Series.”

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Contact:
Email: contact@cortdao.com