TrueFi powers WOO X’s institutional services through decentralized loans to verified clients

TrustToken, the core team responsible for building the leading unsecured lending protocol TrueFi unveils its collaboration with WOO X, a zero-fee digital asset trading platform incubated by Kronos Research, the leading digital asset quant company and market maker. WOO X will use TrueFi to support its institutional services by issuing loans to its clients through the protocol.

The amount of value locked into the smart contracts powering decentralized finance (DeFi) services soared in 2021, and despite some fluctuations in the first months of 2021, the ecosystem is still very much in the green year-on-year. While lending has emerged as one of the most lucrative DeFi applications for both retail and institutional clients, decentralized lending protocols still largely have to rely on over-collateralization to avoid risks, which makes the service capital-inefficient. With its total of more than $1 billion loans originated in 2021, TrueFi ups the DeFi lending game by enabling loans to verified institutional borrowers through its lending protocol.

WOO X will rely on TrueFi as the lending protocol of choice for uncollateralized loans to its institutional clients in its native WOO token, making it TrueFi’s first non-stablecoin portfolio. WOO DAO, a decentralized autonomous organization working to foster the growth of the WOO Network, will provide the tokens for the loans, with all yields returning to the WOO DAO. The financial institutions trading on the WOO X platform have been verified through KYC measures, and the loan principal will only be released into their WOO X wallets. Due to TrueFi’s protocol technology, this type of transparency will show WOO token holders where DAO funds are moving.

The uncollateralized lending program follows an update of WOO X’s staking program, which now allows institutional clients to stake 600,000 WOO tokens to trade without fees through the platform’s API. The update has prompted demand for WOO loans among financial institutions looking to gain access to the service fast and with reduced risk exposure.

“Uncollateralized on-chain lending is the most capital-efficient credit a financial institution can get,” says Rafael Cosman, CEO of TrustToken. “Our first non-stablecoin portfolios are further testimony for how versatile TrueFi lending can be, supporting any digital assets at all–Bitcoin, Ether, and other top coins are also very much a possibility. We are excited to be reimagining loans for the 21st century as we work to push TrueFi’s total originated loans to $10 billion.”

“The institutional interest for crypto is soaring, and readily-available capital is one of the key conditions for big players to delve deeper into the space, especially in the current climate,” says Ran Yi, Chief of Ecosystem at WOO Network. “We are thrilled to be partnering with TrueFi to grant institutions fast and efficient credit through DeFi’s first uncollateralized lending protocol. By giving traders more flexibility, we enable more usage of the network, which ultimately benefits the entire ecosystem.”

About TrustToken

TrustToken is building the protocol for global lending. TrustToken’s TrueFi protocol brings uncollateralized lending and credit scoring on-chain, offering borrowers the highest possible capital efficiency at competitive rates, while offering lenders the broadest marketplace of financial products in DeFi. TrueFi has completed over $1B in loan originations with a perfect record of repayment.

The company’s TrueCurrencies are the world’s first independently-verified, fully collateralized stablecoins, trading on top exchanges like Binance, Huobi, and OKEx, generating billions in monthly trade volume. TrueCurrency users enjoy lightning-fast transactions, the lowest transaction costs of any stablecoin, easy exchange to and from fiat currency, and obsessive customer service.

Start using TrueFi at https://truefi.io, or learn more about TrustToken products at https://trusttoken.com.

For interested borrowers or asset managers looking to build financial products on TrueFi, please contact ryan.rodenbaugh@trusttoken.com.

About Kronos Research

Kronos Research is a leading quantitative trading company and cryptocurrency market maker, headquartered in Taipei. Founded in 2018, it grew its daily trading volume to about $5 billion per day while working to build an infrastructure for democratizing investment and trading with both traditional and crypto-assets. WOO X is its digital asset trading platform listing a wide array of coins and tokens, as well as futures contracts pairing $PERP against a variety of popular digital assets. The exchange relies on the WOO Network for liquidity, with WOO DAO working to foster the development of the ecosystem.

For more information, visit https://kronosresearch.com/

Quantum Generation Announces Partnership with Plato Technologies and the Quantum Space Revolution

Quantum Generation® is pleased to announce an orbital and terrestrial technology partnership with Plato Technologies. The partnership allows the development of the quantum space-based infrastructure. We are building the quantum incentivized network and integrating the technologies in the space-based QPhone.

Quantum computers and communications promise to operate millions of times faster than traditional technologies. Quantum Generation® is deploying the QG® waves technologies with quantum frequency stronger than 5G or 6G. Integrating Plato Blockchain with Quantum Generation® key distribution will ensure it is secure and anonymous. Utilizing the quantum generation repeaters and QSAT™ satellites, Plato Blockchain provides the fastest and most secure platform in the world.

Quantum repeaters are a vital component of quantum mesh network. The Plato and QUBIT space “nodes” can receive and transmit quantum data to and from the ground via free-space optical communications.

Plato and Quantum Generation® building the viability of technologies with self-healing P2P orbiting nodes to connect quantum transmitters and receivers over great distances securely. These nodes must produce and detect pairs of entangled photons with the Quantum Generation® Repeaters. They are eventually transmitting such photons for quantum cloud computing, the internet, communications, and fintech –exchanging quantum data regardless of where the nodes are located.

Quantum Generation’s® exclusive QG® 369 community is growing worldwide and has seen an increase in its memberships platform and look forward to building on with the Plato community and creating new ideas, investments, and technologies.About Quantum Generation: Space Based Quantum Ecosystem

About Quantum Generation: Space-Based Quantum Ecosystem™ QUBIT Blockchain® Satellites and Quantum Generation® Quantum Mesh Network™. Creating the QG® (Quantum Generation®) Social Community. For more information, visit https://quantumgeneration.io.

About Plato

Plato is an open intelligence repository and browser that unlocks the power of Vertical Search in a highly scalable and value driven way. The Platform is designed to provide an ultra-secure environment to consume specific real-time data intelligence across 27 Languages and through an intuitive and immersive user experience. For more information, visit https://Platodata.ai.

Source: Plato Data Intelligence

Metabook Launches Web3 / Metaverse Reserve System

Metabook announced today the launch of a Web3 rating system and is launching an influencer program, aimed at returning hope to the crypto ecosystem.

For that purpose, there is the first Ranking of Web3 leaders fighting against the wrong statements about “crypto winter”, and an XR program with the tagline “Ikonic. Own the moment”, with fan art contest dedicated to Johnny Depp. Depp was fighting the lies, and Web3 leaders do the same.

Metabook has created infrastructure, to be used for Web3 Reserve system that is the hedging mechanism for partners of our Sharing Economy. The Metabook mission is to make researches and take into Reserve pool the top rated NFTs, digital assets, to use them in XR campaigns and hedge the value. Facts show that there is no crypto winter, but a lot of patient venture capital allocated to bridge us into another bull run.

Web3 Bull Run needs:
– A new innovation trigger (like DeFi or NFTs) for a new form of native value.
That Value Is Coming From Metaverse Format Shifting, Backed by Meta Alliance
– A mass support by influencers. When influencers supported NFTs, it started booming.
– Big Tech executives don’t make a living off of media activities, so they can lie to the audience, when it is in their interest. Now, their interest is to replace the old workforce, and they tell us about “signs of recession, Winter”.

According to CB Insights, there are now 1,146 unicorns, 1000 more than there were in 2016 (and about 100 have become unicorns this year).

Top-20 Metaverse heroes who inspires the hope in a new innovation cycle.
Thanks to Jamie Burke and other open Metaverse / Web3 leaders. There is Metabook top-20:

1. Tal Eliashiv. Managing Partner at SPiCE Venture Capital
2. Bill Tai, Metagood founder
3. Matthew Ball. www.matthewball.vc/the-metaverse-primer
4. David Namdar. www.davidnamdar.com/portfolio
5. Jamie Burke (and the entire Outlier!)
6. Chris Hitchen. He invested in more than 100 startups and worked as venture partner with VC funds EQT Ventures, Project A and SquarePeg Capital prior to establishing Inventures, the Inventures Collective and now Possible Ventures.
7. CZ. Binance founder
8. Hrish Lotikar. CEO at SuperWorld. Ex-Global Evangelist at Toptal (backed by Andreessen Horowitz, this company now is hiring thousands of IT/marketing profs).
9. Sandeep Nailwal, Polygon founder
10. Alesis Ohanian, Reddit founder, his new fund is focused on this area.
11. Brendan Wallace
12. Brendan Blumer
13. Bryan Feinberg, Plato / W3 Networks
14. Tomasz Tunguz, Redpoint
15. Kathryn Haun
16. Gigi Levy-Weiss, NFX
17. Jeff Jordan (Andreessen Horowitz)
18. Fabrice Grinda
19. Niko De Jonghe
20. Sheridan Tatsuno.

Metabook will return Johnny Depp, to return the hope to the market

Metabook’s Rating Methodology, based on Cycle of Market Emotions, has the answer
to the market crash situation.

Toxic people. They make problems for good people. It is right in the Depp – Heard
case, it is right in the markets crash situation.

Metabook’s public appeal to Mark Andreessen: Why don’t you embrace a bold PR
strategy, like Johnny Depp, defeating the dominant public opinion, directed by toxic
media?

About Metabook:

The Metabook is an International Metaverse blockchain platform, aimed at doing crowd ratings and decentralized distribution of innovative technologies from these ratings.
Metabook platform is a community-driven Reputation platform: top rated digital assets will be taken into a Reserve pool, to share the benefits with the community.

“Ikonic. Own the moment”
https://www.facebook.com/MetabookHealth/

Source: Metabook.Digital

The Bazaars Project launches peer-to-peer marketplace app to Exchange goods, vehicles or property for crypto

  • Exchange goods, vehicles, or property for crypto on Bazaars

The Bazaars Project has launched its peer-to-peer marketplace app in the Apple App and Google Play stores. The app allows users to buy and sell goods, property, and vehicles with cryptocurrency. This milestone is significant for the Bazaars Project’s mission to create a proof-of-stake blockchain network and a decentralized peer-to-peer marketplace.

“The crypto market value is more than $2 trillion. There are thousands of cryptocurrencies and most of their value so far has come from speculation and trading rather than their ability to be exchanged for any tangible goods or assets. The Bazaars Project is aiming to change this by providing a marketplace where people can buy and sell everyday products and valuable assets using cryptocurrency,” said Cryptomoe, founder of the Bazaars Project.

The Bazaars Project has also launched BZR, its ERC20 token. The token is now available on the Uniswap exchange, with other exchanges coming soon. Token holders will earn a percentage of the transaction fees collected from the Bazaars marketplace.

Future phases of the project will enable users to create and deploy smart contracts and decentralized apps individually or in groups without the need for a third party.

The Bazaars marketplace app is not bound by national or regional borders. Customers can shop securely and privately from any location. The Bazaars app does not collect, store, or track sensitive data. Users can register using their mobile phone numbers and email addresses and the app will only collect information required by the app stores.

“We believe in a world where anyone can buy products privately and securely, no matter where they live or what currency they use. Payments need to be easy, instant, and private. And the ability to trade needs to be in the hands of buyers and sellers,” added Cryptomoe. “The future of commerce is online, with crypto. Bazaars wants to help make crypto commerce a reality.”

The Bazaars marketplace is using Coinbase Commerce for payments. Its delivery and logistics partner is Aramex, a global provider based in the UAE, one of the worlds’ largest trading hubs.

About Bazaars Project
The Bazaars Project was established in September 2021. It was set up by a group of experienced entrepreneurs and investors to provide a proof-of-stake decentralized blockchain network to drive crypto commerce adoption worldwide. Visit https://bazaars.io to learn more.

Media Contact:
Raja Al Khatib, Chairwoman
The Bazaars Project
00447 787152900
info@bazaars.io

This press release is issued through Arab Newswire ( www.arabnewswire.com ) – a newswire service for the Arab World, Middle East and North Africa (MENA) – and is distributed by EmailWire(TM) ( www.emailwire.com ) – the global newswire service that provides Press release distribution with guaranteed results(TM).

World Blockchain Summit (WBS) Returns to Singapore with an In-Person Event

Presented by Sedition the 20th edition of #WorldBlockchainSummit is a platform to meet, network and learn from more than 700 of the world’s leading crypto and blockchain influencers, policymakers, and government stakeholders and curated investors.

The 20th global edition of the World Blockchain Summit, is taking place on 14-15 July 2022 at Marina Bay Sands Expo and Convention Center, Singapore.

Comprising of keynotes, use-case studies, and instructional sessions, WBS features a showcase from leading global technology companies presenting their most recent creations with the primary goal of facilitating the adoption of blockchain and cryptocurrency solutions that are transforming the industry.

The event will also focus on addressing more trending issues within the crypto ecosystem; the NFT market overview:; the changing face of decentralized finance; the role of stable coins; Web 3.0; vavigating Crypto as a venture fund; the implementation of blockchain in businesses and much more.

The summit also boasts a groundbreaking line up of speakers such as:
– Illia Polosukhin, Co-Founder, NEAR Protocol
– Jan Camenisch, CTO, DFINITY Foundation
– Mance Harmon, Co-CEO – Swirlds Labs, Co-Founder – Hedera
– Hassan Ahmed, Regional Director of Southeast Asia, Coinbase
– Arjun Kalsy, VP – Growth, Polygon
– Ken Chia, Head of APAC, Abra
– Amy Zhao, Lead, Ocular Fund, Openspace Ventures
– Daniel Oon, Head of DeFi, Algorand Foundation to name a few

Mohammed Saleem, Founder of World Blockchain Summit stated that “The World Blockchain Summit returns to Singapore and presents a special opportunity to network with influential blockchain figures from around the world as well as carefully chosen investors and important government delegations.” He added, “We are happy to open the doors to the highly anticipated 20th Global edition of the summit and secure its status as the most important blockchain event in this region and across the globe.”

World Blockchain Summit – Singapore 2022 is officially sponsored by:
Presenting Sponsor – Sedition
Headline Sponsor – DIG
Gold Sponsors – Cache; Abra; Redlight Finance.
Silver Sponsors – Coinstore; Kaiko; Solidus AI Tech; Adshares; Midas Investments
Bronze Sponsor – Lukka, copper.co
Pitch Partner – Rovi Innovations Ltd

Exhibitors – Prokey; Quantum Blockchains; BlockchainX; Amaze World; Labuan IBFC; DAMF; Mugen and WadzPay Worldwide.

About World Blockchain Summit (WBS)

World Blockchain Summit is a global series of elite gatherings that take place in 19+ destinations across the world.

It is a thought-leadership-driven initiative that brings together the most important stakeholders from the Blockchain and Cryptocurrency ecosystem such as investors, blockchain and crypto projects, exchanges, enterprises, government representatives, and technology leaders – to discuss and deliberate the future of the industry and the revolutionary ways it can transform businesses and government functions.

The summit also features inspirational keynotes, pitch competitions, panel discussions, investor meet-ups, project showcases, industry use-cases and a host of formal and informal networking opportunities.

Don’t miss out on the world’s premier blockchain and crypto event. To book your tickets, visit: https://bit.ly/3tBokwP

For further details about the announcement, please contact:
Karthik A
Corporate Communications Manager
World Blockchain Summit.
media@tresconglobal.com
+91 81059 7593

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

Catalyst Blockchain Platform Launches on Corda

Catalyst Blockchain Platform is now available on Corda, the leading distributed ledger technology platform from R3, created specifically for highly-regulated markets. Users benefit from both Corda Community Edition and Corda Enterprise Edition, using Catalyst’s highly-automated processes and intuitive user interface to streamline the development, deployment, and maintenance of their Corda networks and applications.

On Corda, privacy is paramount. The protocol enables scalable, secure data transactions between network participants while ensuring the highest level of privacy and security. Corda employs a unique peer-to-peer architecture that maximizes confidentiality, while Corda distributed applications offer exceptional flexibility and interoperability.

These features together make Corda ideal for deployment by financial institutions and financial service providers, governments, healthcare providers, insurers, and other regulated organizations.

“On Corda, Catalyst Blockchain Platform brings a whole new frontier of data privacy and ease of use to blockchain network development. It is especially relevant for those operating in challenging regulatory contexts, and we are extremely proud to be able to offer these organizations an easy pathway to blockchain adoption,” said Yana Koldra, Head of Product Management, IntellectEU.

Catalyst Blockchain Platform on Corda takes all of the strengths of the protocol and renders them easier and faster to work with by removing the technical barriers to entry. With Catalyst, users can build complex Corda infrastructure with just a few clicks, zero coding, and highly automated and optimized processes. To learn more about the protocol, visit www.catalyst.intellecteu.com/corda/.

Catalyst Blockchain Platform is developed by IntellectEU, a leader in distributed finance. Visit www.catalyst.intellecteu.com to learn more about the platform.

About IntellectEU

IntellectEU is a SWIFT partner and global leader in emerging technologies and digital finance. The company has a reputation for deep expertise in financial messaging and integration, however, in recent years IntellectEU has pushed the frontier of blockchain technology, becoming a founding member of the Linux Foundation’s Hyperledger in 2016. IntellectEU is a Certified Hyperledger Service Provider and the company has a partnership with leading protocol creator R3, retaining an experienced team of R3 Corda-certified developers. For more information about IntellectEU and what the company can do for you, please visit www.intellecteu.com

GGTOOR Closes $102,300,000 Deal Buying a Total of 2,145 Parcels of Land in a Metaverse

  • GGTOOR, Inc. Announces Management Report for the Week Ended June 4, 2022

GGTOOR, Inc., (OTCMKTS:GTOR) (GGTOOR, Inc., GTOR, or the Company), an emerging leader in the eSports markets, announces the Company has successfully closed a deal valued at $102,300,000. The Company believes this is the largest virtual land purchase in history surpassing a publicly announced purchase of $5,000,000 just two weeks ago. The combined parcels will be GGTOORCITY the first ever virtual city devoted to entertainment. When sold out the Company envisions hundreds of businesses in sports, music, gaming, movies, theater, dance, amusement parks, retail, concessions, all making up a virtual city where millions of daily visitors will work and play. The Company will be building an eSports Arena that will become one of the focal points of GGTOORCITY. Certain and specific parcels will go on sale Tuesday, June 14, 2022, at 9:00 AM EST with prices ranging from $375,000 to $28,000,000 per parcel. The less expensive city parcels with prices starting at $8,400 will be released for sale at a future date.

The Company will be holding a worldwide Zoom Call and all interested persons are encouraged to join the call. The Company’s CEO, John V. Whitman Jr., will be sharing details on the purchase along with disclosing what Metaverse GGTOORCITY will be a part of. Mr. Whitman will not be taking questions during the call and everyone except Whitman will be on mute. The Zoom Call will be held June 14, 2022, at 9:00 AM EST. To enter the call please use the following coordinates;

John Whitman is inviting you to a scheduled Zoom meeting.

Topic: John Whitman’s Zoom Meeting
Time: Jun 14, 2022, 09:00 AM Eastern Time (US and Canada)
Join Zoom Meeting
https://us04web.zoom.us/j/73196834888?pwd=RgmLUh1B6MOPswoeQGwk7yPMgoI8NR.1
Meeting ID: 731 9683 4888
Passcode: Uk5N0Z

GGTOOR’s weekly recap;

Another month, more records broken! This time, the Company reached new heights on Unique Twitch Viewership, tallying over 39,000 different people tuning in to watch one of our events during the course of May as the action unfolded live, and the number of tournaments hosted by GGTOOR was its largest count yet for a single month. May also saw a 39% increase in total player registrations compared to April, with over 1,600 new players competing in one of our events for their very first time, joining thousands of others that returned to play with us once again.

As the Company began its first week of events in June, for the first time the Company had a Wild Rift tournament on the calendar and it was well received, drawing over 400 player registrations, and bringing the combined total of player registrations for the last week to over 1,200! The Company saw player registrations for the Pokemon TCG Online Gaard Guantlet tournament grow by 46% over the last event of this series.

Hearthstone posted a 47% gain compared to the May event, and not to be outdone, Super Smash Brothers Ultimate posted a whopping 55% increase in player registrations for this week’s event!

The special invitational to mark the end of the season for the Wednesday’s Pokemon TCG Online Late Night series was finally here, and the timing couldn’t have been better, kicking off the new Astral Radiance format with a bang! The community wondered what shifts in the meta to expect; would we see Palkia VSTAR? Darkrai VSTAR? Updated variants of existing powerhouse archetypes? With 30 of the best players in the game, we saw these minds bring a wide variety of decks, including some that were unexpected – when the dust settled, we found the Top 8 featured some of the decks you might expect joined by some surprises such as Gengar VMAX / Houndoom! The other decks that made the cut were Toolbox / Inteleon, Mew VMAX, Palkia VSTAR / Inteleon, Arceus VSTAR / Inteleon, and Rapid Strike Urshifu VMAX / Toolbox.

Starting off coverage of the Top eight, we saw Logan McKay play against Cal Connor in a Gengar vs. Mew matchup. The matchup was absolutely nightmare fuel for Cal on paper, but he was able to take a quick win after Logan had some poor draws game one; However, in game two and three Logan’s Path to the Peak shut down Cal’s Genesect V, paving the way to victory. The featured SemiFinals match was a slightly closer battle, with WadeDaze going up against Andrew Hedrick in a Mew vs. Palkia matchup.

Throughout the entire series WadeDaze was rarely able to get OHKOs with Mew VMAX against a Palkia VSTAR, often coming up ten damage shy, largely due to Andrew’s use of Tool Jammer to stop Choice Belt from adding the extra thirty damage – this tech helped him secure the match win! The Grand Finals found Andrew against another Mew, this time being piloted by Augusto Beringer. Game one Augusto donked on Andrew, who lost due to an empty bench when his Lumineon V was knocked out.

Game two Andrew was able to even up the series, repeatedly scoring OHKOs with Palkia VSTAR thanks to a combination of Echoing Horn (to increase damage output), Choice Belt, Leon, and Quick Shooting. Game three was looking terrible for Augusto, but a few critical topdecks and favorable coin flips enabled Augusto to OHKO Andrew’s only Benched Palkia V. Andrew struggled to set up with such an aggressive play, and Augusto was able to pick up a few more easy Prize Cards. Andrew tried one last play to stall a Genesect V in the Active Spot with Boss’s Orders, but Augusto was able to claim victory by retreating with a Double Turbo Energy to close out the match!

This week’s Smash Ultimate event showed us that a tier list does not matter! The Top sixteen was littered with a wide range of characters typically considered under-powered, like Kirby, Dr Mario, Donkey Kong, Villager, and Ganondorf, which promised the viewers would be in for some unique gameplay! Yei, a veteran player regarded by many as the best Meta Knight in the world, joined us for this week’s event, showing his range of skill with the decision to not use Meta Knight at all until the very last game of Grand Finals!

Instead, Yei opted to use a variety of different characters over the day, such as Lucina, Byleth, and Palutena, to make it all the way to the Grand Finals without dropping a single set. This includes a 3-0 win over JaZaR, the strongest veteran of all the tournaments in this event series! We also saw an incredible run from Nalexander, making it all the way to third place with Ganondorf, who many consider to be the worst character in the entire game. JaZaR fought his way back to the Grand Finals through the losers side for his chance at a rematch vs. Yei; There was no 3-0 this time, with JaZaR tying up the series 2-2 and forcing a game five, which finally prompted Yei to pilot his well known Meta Knight for game five, ultimately besting JaZar in the final game and earning Yei the championship title!

Since a few years back the metaverse has grown to become a driving force in crypto and the tech world at large, especially with the increasing acceptance and adoption of cryptocurrency, its wallets, and much more.

Without a doubt, demand for metaverse projects has risen dramatically, with more corporations showing unprecedented interest in virtual reality every day. Given the growing corporate fascination with the Metaverse, the general public’s attention is also bound to be drawn to the significant technology which is bound to change the course of our digital lives.

It’s simpler to think of the metaverse as a hybrid of the physical and digital worlds, which combines the best of both. Even so, it doesn’t change the fact that much of the general populace is still in the dark about what the metaverse is, and what it means. We are very excited that soon people will embrace this new technology where they can build the life they always wanted virtually.

Want to participate? Find the plan that best suits you! You can choose between the Bronze Plan, Gold Plan, and Diamond Plan: https://GGToor.com/join.php. If you want to bring your team or friends to GGToor.com, or be a Tournament Organizer, we can support you and help you grow; you can reach a worldwide audience of similar-minded individuals that like to compete and have fun! You can be sure that GGToor.com is here to grow with you. Just follow the link to sign up as an organizer https://GGToor.com/organizerlogin.php If you have any questions about our events visit our socials; Discord https://discord.gg/GUhyZxFH8Q, twitter https://twitter.com/GGToor/ , twitch https://www.twitch.tv/GGToor, and Facebook https://www.facebook.com/eShadowGaming

If your organization would like to be part of this growth and work with Shadow Gaming, contact us at luis@shadowgamingtv.com

About GTOR
GGTOOR, Inc., is engaged in the business of eSports. The Company is aggressively entering the Metaverse by having purchased enough virtual land, 2,144 parcels, to form its own virtual city that will be called GGTOORCITY. The Company has held over 200 video game tournaments and has given away over $150,000 in cash and prizes. GGToor.com is continually being customized and upgraded, with the goal of becoming one of the most comprehensive gaming portals in the world. The Company is now accepting subscriptions from players, gamers, and tournament organizers. To register logon to https://GGToor.com/home.php.

Forward-Looking Statements. This press release may contain “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. We intend all forward-looking statements to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts and by the use of forward-looking words such as “expect,” “expectation,” “believe,” “anticipate,” “may,” “could,” “intend,” “belief,” “plan,” “estimate,” “target,” “predict,” “likely,” “seek,” “project,” “model,” “ongoing,” “will,” “should,” “forecast,” “outlook” or similar terminology. These statements are based on and reflect our current expectations, estimates, assumptions and/ or projections as well as our perception of historical trends and current conditions, as well as other factors that we believe are appropriate and reasonable under the circumstances. Forward-looking statements are neither predictions nor guarantees of future events, circumstances or performance and are inherently subject to known and unknown risks, uncertainties and assumptions that could cause our actual results to differ materially from those indicated by those statements. There can be no assurance that our expectations, estimates, assumptions and/or projections, including with respect to the future earnings and performance or capital structure of GGTOOR, Inc.

For Additional Information Contact:
John V Whitman Jr.,
John@GGToorcorp.com
https://GGToorcorp.com/
https://GGToor.com/home.php

Society Pass (SoPa) Acquires Singapore-based Gorilla Networks, a Next-Gen Blockchain/Web3 Mobile Virtual Network Operator to Drive SEA’s Growing Demand for a New Meta-Economy Experience

  • Society Pass (SoPa) makes its first Singapore acquisition, Gorilla Networks, a leading next generation Blockchain/Web3 mobile virtual network operator (“MVNO”).
  • Gorilla Networks is the first blockchain/Web3-enabled MVNO to offer contract-free, on-demand mobile service as non-fungible tokens (“NFTs”). Users convert unused mobile data into digital assets- Gorilla GO tokens
  • With mobile data network coverage in over 160 countries, Gorilla Networks expects to dramatically increase its user base and expand throughout Southeast Asia with the rebound of the travel market in 2Q/3Q 2022
  • SoPa will incorporate Gorilla Networks’ proprietary blockchain/Web3 technology onto the rest of SoPa ecosystem to drive SEA’s growing demand for a new meta-economy experience

Society Pass Incorporated (SoPa) (Nasdaq: SOPA), Southeast Asia’s leading data driven loyalty and ecommerce ecosystem, announced today that it acquired Singapore-based Gorilla Networks Pte Ltd (Gorilla), a leading next generation Web3-enabled MVNO.

Established in Singapore in 2019, Gorilla utilises Web3 technology to operate a MVNO for its users in Southeast Asia. With network coverage to over 160 countries, Gorilla offers a full suite of mobile communication services such as local calls, international roaming, data, and SMS texting. More importantly, Gorilla enables its customers to convert unused mobile data into digital assets or Gorilla GO Tokens through its innovative proprietary blockchain-based SwitchBack feature. Gorilla GO Tokens in turn can be redeemed for eVouchers, to offset future bills, or be redeemed for other value-added services.

With the rebound of the travel market throughout Southeast Asia in 2Q/3Q 2022, Gorilla expects to dramatically increase its customer base by marketing to the region’s business and leisure travellers with its user-friendly technology platform. It plans to expand its MVNO services offering to Vietnam, Thailand, and Malaysia over the next 12 months.

Dennis Nguyen, Society Pass Founder, Chairman and Chief Executive Officer, explained, “We are excited to make our first acquisition in Singapore, and welcome Gorilla into our SoPa family. Gorilla’s technology platform aligns well with our acquisition strategy as we incorporate Gorilla’s blockchain and Web3 capabilities onto the SoPa ecosystem and enable the new meta-economy for all our portfolio companies. From our Leflair lifestyle e-commerce platform to our Pushkart/Handycart F&B delivery services, as we roll out the Society Pass loyalty platform in the coming months, we leverage Gorilla’s technology to drive customer retention for merchants and create innovative revenue models for our ecosystem.”

“When we started Gorilla Networks three years ago, our vision was to build a democratised mobile communications service platform where users regardless of nationality, home location or mobile subscription plans can access essential telecoms services such as roaming and mobile data anywhere and everywhere throughout the world. Gorilla is currently transitioning existing web 2 telco services onto the web3 economy by tokenising mobile data as digital assets. In 2021, we digitised eSIMS, data plans, and mobile numbers as NFTs, which dramatically transformed how our users purchase, interact and experience mobile services. By joining forces with SoPa’s extensive ecosystem and large user base in Southeast Asia, we are thrilled about the combined marketing capabilities we will now bring collectively to our partners and customers,” exclaimed Xanne Leo, Founder and Chief Executive Officer of Gorilla Networks.Society Pass leverages cutting edge technology to tailor an unprecedented experience for the next generation customers in the purchase journey and to transform the entire retail value chain in Southeast Asia. Through the acquisitions of market-leading companies and partnerships with visionary entrepreneurs in six distinct B2C e-commerce verticals: lifestyle, food & beverage delivery, travel, digital marketing, telecoms and food and beverage ordering, the Company meets SEA’s growing demand for a new meta-economy experience.

About Society Pass
As a loyalty and data marketing ecosystem, Society Pass operates multiple e-commerce platforms across its key markets in SEA. Its business model focuses on analysing user data through the expected launch of its Society Pass loyalty platform and circulation of its universal loyalty points, which seamlessly connects consumers and merchants across multiple product and service categories to foster organic loyalty. Since its inception, SoPa has amassed over 1.6 million registered consumers and over 5,500 registered merchants/brands on its platform. It has invested 2+ years building proprietary IT architecture with cutting edge components to effectively scale and support its consumers, merchants, and acquisitions.

Society Pass provides merchants with #HOTTAB Biz and #HOTTAB POS – a specialized POS technology solution, a comprehensive system for payment, loyal customer management, user profile analytics, and convenient financial support packages for small and medium-sized enterprises.

In addition, SoPa operates Leflair.com, Vietnam’s leading lifestyle e-commerce platform, Pushkart.ph, a popular grocery delivery company in Philippines, and Handycart.vn, a leading online restaurant delivery service based in Hanoi, Vietnam. For more information, please check out: http://thesocietypass.com/.

Media Contacts:
PRecious Communications
sopa@preciouscomms.com