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Wikisoft Corp. Signs Letter of Intent to Acquire Disruptive Blockchain Tech Company — Etheralabs LLC

San Francisco, Feb 9, 2022 - (ACN Newswire) - Wikisoft Corp. (the "Company," "we," and "our") (OTCQB: WSFT) today announced that it has entered into a non-binding letter of intent to acquire a majority stake in Etheralabs LLC, a New York City based venture lab and ecosystem that invests in, builds, and deploys disruptive technologies across the Blockchain space.


The proposed transaction would include full global access to Etheralabs LLC's disruptive technologies across the Blockchain and global funding landscape. With the majority stake, Wikisoft plans to ensure that Etheralabs future product and technology roadmap supports Wikisoft's platform strategy. The parties intend to enter into a binding agreement after consultation with their respective legal counsel. Wikisoft Corp. plan to fund the acquisition with equity, thus providing the Company the optimum financial flexibility in the future. Wikisoft's Board of Directors has given a commitment to approve the transaction.

Carsten Kjems Falk, Chief Executive Officer of Wikisoft Corp. said, "Etheralabs LLC's disruptive technology and products are expected to provide an outstanding opportunity to expand Wikisoft's global reach with superior technology and high value-add products. This includes but is not limited to the blockchain technology for the upcoming wikifunding platform enabling startups to connect to the blockchain community, investors and venture capital. Furthermore, the AmpliFi press release distribution service is expected to be accessible to the 90 million businesses now held in the Wikisoft database, providing global reach to any of those companies. Our greater scale, broader product offering and geographic exposure should accelerate our growth and provide greater earnings diversity." The Company expects the proposed transaction to be accretive to earnings realized over the two years following the acquisition.

Bryan Feinberg, CEO and Founder of Etheralabs said, "Wikisoft's capabilities coupled with our background in transforming large data ecosystems into vibrant communities creates a definitive way to leverage our background to accelerate Wikisoft's entry into the global blockchain market and look forward to our ability to leverage Wikisoft's unique architecture and data environment into an active and vibrant venture community."

About Etheralabs LLC

Etheralabs is New York City based venture lab and ecosystem that invests in, builds, and deploys disruptive technologies across the Blockchain landscape. Etheralabs fast-tracks ideas into solutions that help high-growth companies with a focus on capital appreciation and scale via early-stage identification and accelerated resource deployment. The acceleration model lays the foundation for taking promising IP from both concept to company and from revenue to profitability, culminating in a fully functioning portfolio venture that is ready to attract follow-on funding, an acquisition partner, or to operate as a standalone company.
More information can be found at: https://etheralabs.io

About Wikisoft Corporation

In today's fast-moving business world of increasing globalization, Wikisoft leverages big data and associated insights from business datasets to improve performance.

In line with this new phase of globalization, Wikisoft believes that there is a growing demand for access to credible and reliable business data. Data is essential to creating the complete view of customers, prospects, investors, suppliers, and partners necessary to power the right decisions.
Our vision is to create opportunity globally by collecting precise data, curating it, verifying it and putting it in the hands of professionals and businesses as consumable business intelligence. We believe in the power of Wikisoft to collect massive amounts of data and deliver it to businesses curated, credible and reliable.

CONTACT:
WikiSoft Corp.
315 Montgomery Street, San Francisco,
CA 94104, USA
Phone: +1-800-706-0806
Email: investor@wikisoft.com
Investor site: www.wikisoft.com

SOURCE: WikiSoft Corp.

FORWARD-LOOKING STATEMENTS
This press release contains statements of a forward-looking nature about the Company. You can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "future" or other similar expressions. The Company has based these forward-looking statements primarily on the Company's current expectations and projections about future events and financial trends that the Company believes may affect Company's financial condition, results of operations, business strategy, and financial needs. There is no assurance that the Company's current expectations and projections are accurate. All forward-looking statements in this press release are based on the Company's information on the date hereof. These statements involve known and unknown risks, uncertainties, and other factors that may cause the Company's actual results to differ materially from those implied by the forward-looking statements. The Company operates in a rapidly evolving environment. New risk factors emerge from time to time. The Company does not undertake any obligation to update or revise the forward-looking statements except as required under applicable law. This press release does not constitute or form part of any offer or invitation to purchase, otherwise acquire, issue, subscribe for, sell or otherwise dispose of any securities, nor any solicitation of any offer to purchase, otherwise acquire, issue, subscribe for, sell, or otherwise dispose of any securities of the Company. The release, publication or distribution of this announcement in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this announcement is released, published or distributed should inform themselves about and observe such restrictions.

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comWikisoft Corp. today announced that it has entered into a non-binding letter of intent to acquire a majority stake in Etheralabs LLC, a New York City based venture lab and ecosystem that invests in, builds, and deploys disruptive technologies across the Blockchain space.

Google Removed ‘Blocked’ Pirate Sites From UK Search Results

In recent months, Google has removed all search results from popular pirate site domains in several countries. The search engine voluntarily deindexed these sites after it was informed about local ISP blocking orders. The removals have also reached the UK now but, interestingly, The Pirate Bay appears to have been overlooked by the rightsholders.

From: TF, for the latest news on copyright battles, piracy and more.

Mitsubishi Heavy Industries and Institut Teknologi Bandung Extend Collaboration to Drive Decarbonization in Indonesia

TOKYO, Feb 9, 2022 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) has concluded a memorandum of understanding (MOU) with Indonesia's Institut Teknologi Bandung (ITB) to conduct joint research on clean energy solutions that will enable decarbonization in Indonesia. Activities will include feasibility studies, investigations, validations and R&D for technologies that will power the country's energy transition. The MOU will be in effect for five years, with the research results building the foundation for discussions to establish a joint R&D center in Indonesia.

Signing Ceremony (Mitsubishi Heavy Industries)

Online Signing Ceremony

The online signing ceremony took place on February 7, 2022 and was attended by the Ambassador of Indonesia to Japan, H.E. Heri Akhmadi; the Ambassador of Japan to Indonesia, H.E. Kenji Kanasugi; ITB Rector, Ms. Reini Wirahadikusumah; and MHI's Head of Energy Transition and Power Headquarters, Ken Kawai.

MHI's Head of Energy Transition and Power Headquarters Ken Kawai said, "MHI has been at the forefront of supporting Indonesia in its energy transition for nearly half a century. Through this continued partnership with ITB, we seek to develop clean energy solutions that will accelerate decarbonization in Indonesia. I am looking forward to a fruitful collaboration with ITB to achieve our mission net zero."

ITB Rector, Ms. Reini Wirahadikusumah added: "During the past two years, we have been collaborating with MHI to conduct advanced feasibility studies in clean energy, especially in financial and technical evaluation of ammonia and biomass co-firing. I am sure that these activities will benefit the Indonesian power industry. I hope that the extension of this MOU will create more ideas and useful recommendations for Indonesia's decarbonization journey."

A previous MOU between MHI and ITB(1) enabled joint feasibility studies on emerging energy sources such as hydrogen and ammonia, as well as air quality control systems (AQCS) and microgrid solutions. Since this MOU was signed in 2020, MHI and ITB also collaborated on training Indonesia's future engineers by conducting joint lectures on topics including big data analysis, biomass, integrated coal gasification combined cycle, hydrogen and AQCS.

This new MOU comes at a time when Indonesia is ramping up efforts to decarbonize its energy sector evident in its recent commitments to reduce its greenhouse gas emissions by 29% by 2030 and achieve 23% renewable energy use by 2025(2).

(1) https://power.mhi.com/news/20200130.html
(2) bit.ly/3BmvFTP


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comMitsubishi Heavy Industries, Ltd. (MHI) has concluded a memorandum of understanding (MOU) with Indonesia's Institut Teknologi Bandung (ITB) to conduct joint research on clean energy solutions that will enable decarbonization in Indonesia.

GOGE Genesis Update – Pioneer Crypto-Based Virtual Nation, GOGELAND Set to Be Launched

Montreal, Canada, Feb 9, 2022 - (ACN Newswire) - GOGE, an experimental, community-led, and innovative project that aims at revolutionizing the world in every way possible, has announced the launch of GOGE GENESIS, a product that will spearhead the segue into the world of decentralized autonomous organization [DAO].

Through this update, GOGE is pronouncing itself the world's foremost crypto-based virtual micronation called GOGELAND—a sovereign and independent nation. Citizens of this nation will decide on their future, flag, purpose, anthem, coat of arms, official dossier, etc. This will further carve GOGE's name into the history books, alongside its native token—$GOGE—which will become the elemental currency of a nation.

Scheduled to be phased out in different phases throughout February 2022, all information regarding this update will be relayed by the GOGE team on all of its social media accounts.

GOGE has planned a ton of AMAs [Ask Me Anything] to be held on different dates throughout February 2022 and community members are encouraged to participate, ask questions, share suggestions and insights. Coalesced with these declarations, GOGE will kick-start a massive marketing campaign to spread the gospel of this community-led, innovative LGBTQ-focused crypto project. To achieve this, GOGE has entered an official partnership with Flexe.io, a marketing agency.

Transition into a DAO

The segue to DAO will see the GOGE project become the fundamental government run by a DAO in the trillion-dollar crypto space. Promising a truly decentralized, transparent, community-led, and self-governed project, $GOGE token holders will benefit greatly from staking their tokens. Besides the offering of sizable rewards in the form of $CAKE, $GOGE holders will become key members of the project—making suggestions and voting on the suggestions presented.

Contracts, team, and marketing wallets will be owned and controlled by DAO and $GOGE owners will reserve the right to vote on how these funds are used. Like what is obtainable on other DAO-powered projects, the amount of $GOGE held will determine a community member's voting power.

Running a truly decentralized and democratic project, GOGE has simplified the voting process. $GOGE token holders will, on the updated V3 website, use the Dashboard to make proposals that will then be voted on by other community members. Once results are collated, these proposals are immediately and automatically implemented.

In an attempt to pass an external audit which has become a prerequisite to the trustworthiness of a crypto project, all previous contract problems users have encountered before this time has been duly resolved by the $GOGE founding team.

The pre-eminent LGBTQ-focused crypto project in the budding space, GOGE has donated over $10,000 to 3 LGBTQ charities in recent times and has been listed on CoinGecko and CoinMarketCap—two of the leading crypto analytics websites.

Rewards for $GOGE Holders

GOGE as the foremost micronation on the blockchain has rewarded community members with over 1.3 million tokens. Currently, due to the recent dip in the market, GOGE is holding strong at $2.5million, which is a GREAT entry point from the projects all time high of $17.7 million. The project has established over 4,500 strong holders reading to break the crypto space with the transition to a DAO.

With $20,000 rewards shared in a ton of contests, thousands of token rewards from trivial games, and the $GOGE token listed on CoinW, GOGE has created NFTs that will be shared amongst its token holders. These NFTs, as told by the founding team, will be the world's foremost NFT passports.

NFT Passports

Leading the way in the introduction of NFTs as digital identification on the blockchain, GOGE has initiated NFT Passports. In concomitance with the virtual micronation—which GOGE is the foremost leader—NFT passports will act as the official passports for citizens of GOGELAND. Limited to a specific amount and can be exclusively owned by buying and burning $GOGE tokens, it will be customizable—allowing owners to personalize them based on individual preferences.

Recent Achievements

Innovation, sheer willpower, leadership qualities, and compassion are requisites to becoming the next top dog coin. The GOGE team possesses all of these and through the introduction of prodigious upgrades such as this, GOGE is cementing its stance as the next top dog coin in the crypto market.

  • Remarkably, it has managed to achieve a ton of feats in the shortest time possible. The pioneer LGBTQ-focused project, GOGE has;
  • Rewarded token holders with over 1.3 million tokens.
  • A market cap at an all time high of $17.7 million and is currently listed on CoinGecko and CoinMarketCap.
  • Spent $20,000 in a plethora of contests, given out thousands of rewards in trivial games, and has been listed on CoinW—a centralized exchange.
  • 5000 token holders and over $10,000 donated to three LGBTQ charities.
  • Featured on Yahoo Finance and has, in the last couple of months, airdropped handmade yet exclusive NFTs to token holders.
  • Partnered with io to achieve its massive marketing campaign goal.

About GOGE

GOGE is an innovative, experimental, and community-driven project created specifically to unite humans from all over the world. The leading Gay Doge family member, GOGE will build an international, safe, reliable, and ever-growing virtual community for everyone. It will also reward community members with $CAKE for holding and staking its native token, $GOGE.

Social Contact
Twitter: https://twitter.com/DogeGaySon
Telegram: https://t.me/DogeGaySon
Medium: https://medium.com/@DogeGaySon/
Discord: https://discord.com/invite/K4vKhx5uqg
Facebook: https://www.facebook.com/Dogegayson
Instagram: https://www.instagram.com/dogegayson/
YouTube: https://www.youtube.com/channel/UCB8cqeE-T7tjP2JIozKxo2g
Litepaper:
https://goge.showoffmarketing.com/wp-content/uploads/2021/11/6182996d6e5e6b621754741e_GOGE-LITEPAPER-V.5.pdf

Media Contact
Brand: GOGE
Contact: MoonGoge, Developer
Email: goge@goge.co
Website: https://goge.co

SOURCE: GOGE



Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com

OpenSea Delists CryptoPunks V1, Following Takedown Notice From Developers


OpenSea has once again delisted the CryptoPunks V1 collection due to a Digital Millennium Copyright Act takedown notice issued by developers Larva Labs. (Read More)

Showa Denko Revises Forecast of Consolidated Performance

TOKYO, Feb 9, 2022 - (JCN Newswire) - Showa Denko (SDK; TSE:4004) announces that it revises its forecast of consolidated business results for the full year ending on December 31, 2021, which was announced on August 3, 2021.

1. Revision of forecast of consolidated business results for January 1 - December 31, 2021

(1) Revised forecast of consolidated business results for January 1 - December 31, 2021
https://www.acnnewswire.com/docs/Multimedia/Low_SDK202202.jpg

(2) Reasons for the revision

Net sales hovers around the level of the previous forecast. However, operating income is expected to slightly increase. Ordinary income is also expected to increase by about 4.5 billion yen due to an increase in foreign exchange gain and a slight increase in equity in earnings of affiliates. In addition, an extraordinary loss of about 8.5 billion yen, which was once expected to incur in the year ending on December 31, 2021 as a cost of business structure improvement in the Showa Denko Materials segment, is now expected to incur in 2022. As a result, net income attributable to owners of the parent is expected to increase by about 13 billion yen from that in the previous forecast.

With regard to the dividend, we maintain our expectation that the Company will pay 65 yen per share as year-end dividend.

About Showa Denko K.K.

Showa Denko K.K. (SDK; TSE:4004, ADR:SHWDY) is a major manufacturer of chemical products serving from heavy industry to computers and electronics. The Petrochemicals Sector provides cracker products such as ethylene and propylene, the Chemicals Sector provides industrial, high-performance and high-purity gases and chemicals for semicon and other industries, the Inorganics Sector provides ceramic products, such as alumina, abrasives, refractory/graphite electrodes and fine carbon products. The Aluminum Sector provides aluminum materials and high-value-added fabricated aluminum, the Electronics Sector provides HD media, compound semiconductors such as ultra high bright LEDs, and rare earth magnetic alloys, and the Advanced Battery Materials Department (ABM) provides lithium-ion battery components. For more information, please visit www.sdk.co.jp/english/.

For further information, contact:
Showa Denko K.K., IR Office, Finance & Accounting Department, Tel: 81-3-5470-3323


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comShowa Denko (SDK; TSE:4004) announces that it revises its forecast of consolidated business results for the full year ending on December 31, 2021, which was announced on August 3, 2021.

Hector Finance Launches $TOR: The Stablecoin

Bristol, UK , Feb 9, 2022 - (ACN Newswire) - Hector Finance has launched its much-awaited stablecoin named TOR that will play a key role in the overall Hector ecosystem. TOR stands for Tyche Owned Reserve. According to Wikipedia, Tyche was the governing tutelary deity who oversaw a city's wealth and prosperity, as well as its fate. She is the daughter of Aphrodite and Zeus or Hermes in Greek mythology, and her role at the time was to deliver messages to humans about external occurrences beyond their control. Tyche is the Greek goddess of luck, chance, providence, and fate.

Terra, one of the most successful algorithmic stablecoins in the space, is the inspiration behind TOR. TOR has the goal of making $HEC more deflationary while also providing the Fantom chain with its own algorithmic stablecoin.

TOR is a new ERC20 coin that can only be created by burning HEC. The HEC pricing oracle, built with Time Weighted Average Price, can be used to swap TOR for newly minted HEC. Oracles are an important part of any stablecoin's base functionality. In the context of blockchain technology, an oracle is a mechanism designed to supply data to smart contracts. In general, a Stablecoin is only valued and trusted if its price remains constant. The price of TOR is $1. What kind of 'backing' does it have? TOR's backing is made up of two layers:

  • Smart-contract algorithms and the HEC/stable LP
  • The $100,000,000 Hector Finance Treasury

Hector Finance will enable yield farming for the TOR/Stablecoin Curve pools. These pools will help with HEC trading, which we'll go through in further detail in a subsequent article. The gains from Hector Finance Treasury Investments and HEC's emission plan will generate the yield. We aim to provide an APY of at least 20%, making TOR yield farms competitive in the market and providing the most consistent yield farming on the FTM chain.

How does TOR work?

The Hector utility coin (HEC) is the TOR Stablecoin's counterpart. Hector's price rises when demand for TOR rises, according to supply modulation. The primary mechanism for keeping pegs in place is expansion and contraction. TOR's stability is ensured via a simple swap mechanism: at any time, 1 TOR can be switched for 1 dollar's worth of HEC. If the value of TOR falls below $1.00, buyers can purchase it and use the method to redeem it for $1.00, allowing them to profit. Demand for TOR rises when buyers do so, causing the price to rise again until it reaches $1 USD. These financial incentives function quickly to keep TOR stable.

Since Hector Finance owns the majority of HEC/DAI, HEC/USDC, and HEC/frax, sufficient liquidity is ensured when a TOR redeem operation occurs. Despite the existence of a curve pool as "Layer 0" for shifting TOR back and forth, it is still needed to mint/redeem on a much less frequent basis. The price of HEC will (slightly) increase or drop as a result of the mint/redeem at Layer 1. Although the price of HEC has no impact on the minting/redeeming of TOR in Layer 1, if the price of HEC drops more than expected/wanted, the Hector Finance treasury will be used to stabilize the value of HEC through buybacks and burns.

Hector Finance's goal of combining the rebase model with enhanced scarcity will be made possible thanks to TOR. Deflation is the ultimate goal. Because TOR can only be minted by burning HEC, the demand for HEC rises as well. TOR will soon be available for use as collateral in Hector Bank, the decentralized lending and borrowing network built by Hector Finance in partnership with Ola Finance. When TOR is deposited into the lending pool, an oTOR token is provided to the supplier, and the oTOR bears all of the lending interest.

The Road Ahead for Hector Finance

Hector Finance aims to bring as much value to the $HEC token as possible. The project's main goal is to achieve zero inflation so that everyone's share of the pie grows over time. The supply will eventually be lowered to the point where it reaches a number that allows for sufficient burns while also providing competitive rewards. What steps will it take to become deflationary? They will mix the best of both worlds: a rebase project with a competitive APY (in comparison to farming and node projects), as well as an extensive ecosystem of utility to boost the HEC token's value.

The demand for the HEC token will rise as the token's utility grows. With the addition of utility to the token, APY becomes less essential over time, as the value of purchasing the token is now a combination of APY rewards and price increases due to demand and burns. Hector's project revenue is deposited into the DAO Wallet, with excess funds going into marketing, development, salaries, and, most importantly, buybacks and burns.

To learn more about Hector Finance visit Hectordao.com

Social Links
Twitter: https://twitter.com/HectorDAO_HEC
Telegram: https://t.me/hectorDAO
Reddit: ​​https://www.reddit.com/r/hectordao/
Youtube: https://www.youtube.com/c/HectorDAO
Instagram: https://www.instagram.com/hectordaohec/
Medium: https://medium.com/@HectorDAO
Discord: https://discord.gg/hector
Github: https://github.com/HectorDAO-HEC
TikTok: https://www.tiktok.com/@hector_dao
Buy HEC on Fantom: https://docs.hectordao.com/how-to-buy/for-users-already-on-the-fantom-network
Buy HEC on FTMScan: https://ftmscan.com/token/0x5C4FDfc5233f935f20D2aDbA572F770c2E377Ab0

Media Contact:
Brand: Hector Finance
Name: Henry Davis
Mail: team@hectordao.com
Website: https://hectordao.com/

SOURCE: Hector Finance



Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com

Aditya Birla Sun Life AMC Limited’s offshore arm appoints Sarath Sathkumara to head investments for its international business

DUBAI, Feb 9, 2022 - (ACN Newswire) - Aditya Birla Sun Life AMC Limited's (ABSLAMC) offshore subsidiary has appointed Mr. Sarath Sathkumara to lead investments for its international business.

Aditya Birla Sun Life AMC Limited is the fourth largest asset manager in India with total assets under management of close to $42 billion. The publicly listed company has its presence in over 280 locations pan-India and present in international markets such as Dubai, Singapore, and Mauritius. It also operates via UCIT to cater to European markets. The company recently received approval from International Financial Services Centres Authority (IFSCA) to carry out Portfolio Management Services from GIFT City in India that will help to expand its reach and service to global clients. Aditya Birla Sun Life AMC Limited's offshore subsidiaries manage money to the extent of USD 1.32 billion. ABSLAMC is a subsidiary of Aditya Birla Capital Limited (a non-bank financial services conglomerate), and investment manager to Aditya Birla Sun Life Mutual Fund (ABSLMF).

Commenting on his appointment, Mr. A. Balasubramanian, MD & CEO, Aditya Birla Sun Life AMC Limited said, "We are delighted to have Sarath Sathkumara come on board. He is a seasoned global emerging markets investor with over 30 years of experience in international capital markets and investing. His rich experience, illustrious background and in-depth knowledge of global markets will be an instrument in capitalizing overseas opportunities and launching investment solutions that cater to the needs of international investors. This further strengthens our overseas presence and aligns with our strategy of expanding our offshore business. Sarath will initially focus on launching ESG centered products, along with relevant solutions to cater to GIFT City and overseas clients".

In his current role with ABSLAMC's offshore arm, Sarath has joined as CIO International. Most recently, Sarath was the Managing Director/Portfolio Manager for Taiyo Pacific Partner's India engagement investing business, starting the business 10 years ago and building it ground up. Prior to that, he has worked as a Chief Investment Officer of SBI Venture Capital in Singapore. From 2002 to 2008, Sarath was a Senior Portfolio Manager with the State Street Global Advisors' Active Emerging Markets Group (AUM $12bn), focusing on Asia and MENA regions. Before that Sarath spent 7 years with Capital International in Singapore as part of Capital International's Emerging Markets team (AUM $24bn). He was instrumental in building and running Capital's India business from 1993, the year India opened for foreign investment and witnessed India's capital market transformation. Before that he was with HSBC Group for 10 years in investment and corporate banking in Dubai, San Francisco and New York.

About Aditya Birla Sun Life AMC Limited

Established in 1994, Aditya Birla Sun Life AMC Limited (ABSLAMC) is a joint venture between the Aditya Birla Capital Limited and Sun Life (India) AMC Investments Inc. ABSLAMC is primarily the investment manager of Aditya Birla Sun Life Mutual Fund, a registered trust under the Indian Trusts Act, 1882. ABSLAMC also operates multiple alternate strategies including Portfolio Management Services, Real Estate Investments and Alternative Investment Funds. ABSLAMC is one of the leading asset managers in India, with a pan India presence across 280 plus locations and a total AUM of over Rs. 3,109 billion under its suite of mutual fund (excluding our domestic FoFs), portfolio management services, offshore and real estate offerings and 7.6 million investor folios for the quarter ending December 31, 2021.

For any media queries, please contact:
Amrita Panja
Email: Amrita.Panja@adityabirlacapital.com

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comAditya Birla Sun Life AMC Limited's (ABSLAMC) offshore subsidiary has appointed Mr. Sarath Sathkumara to lead investments for its international business.

NFT Terminal Launches a Real-Time Data Analytics Platform for NFTs

Singapore, Feb 9, 2022 - (ACN Newswire) - NFT Terminal, a leading provider of services for the growing NFT market, announced the beta launch of a service with its namesake, NFT terminal, a real-time analytics platform for NFT sales, mints, and transaction trends.

NFT Terminal opened its beta release nearly a month after the successful launch of their first service: Console. In under a month, Console has provided over 730,000 users and 100 NFT communities the ability to search rarity metrics, see real-time OpenSea data, track mint events, and look up Ethereum (ETH) gas prices (gwei) in real-time.

"We started Console because we noticed that DAOs (decentralized autonomous organizations) and other communities lacked access to relevant data regarding their NFTs, "according to the NFT Terminal team. Through extensive research, the team noticed that one of the frustrations of DAO members who traded or minted NFTs was that there were no reliable tools for real-time analytics, sparking the development of Console. What's more, the team noted that DAOs and other NFT projects had to compile different tools across various platforms to provide relevant data surrounding their NFTs, which in turn, slowed their ability to build value within their communities.

With over 730,000 users acquired in its first month, the NFT Terminal team decided to build out new services to better serve their users. The team explained the following, "what we noticed was that more and more individuals in the communities we serve wanted a better way to track all NFT transactions in real-time instead of tracking partial data; so we listened and built it."

The team developed Terminal to better serve potential buyers who need to quickly spot trending collections or mints, eager sellers who want to gauge transaction trends before auctioning their NFTs, and expert collectors who simply wish to monitor the movement of whales.

Using the knowledge that they acquired from planning and executing Console, the team developed a terminal with feeds that update in real-time. NFT Terminal, the service, provides the following features:

  • Real-time data analytics from notable whales and influencers
  • Real-time trading data including buys, sells, stakes, and transfers
  • Live feed of mint activity with mint price and average gas (gwei) prices
  • Rankings for the most traded NFTs among whales and influencers, most bought NFTs, most sold NFTs, most minted NFTs in 1-hour, 4-hour, 12-hour intervals

NFT Terminal is available now on both mobile and desktop, and the beta release is free to use.

The team at NFT Terminal hopes to use the beta release as a springboard for more features like analytics for NFT collections and rarity indices. They expect to roll out new features quickly and hope to one day have all the important NFT analytics in one place like Bloomberg does with its terminal.

Social Links
Twitter: https://twitter.com/nftterminal
Press kit: https://drive.google.com/drive/folders/1706boIdXNrc8C6iIkN38bVmCbIMo0QBi?usp=sharing

Media Contact
Brand: NFT Terminal
Contact: Media Team
E-mail: team@nft-terminal.com
NFT Terminal: https://nft-terminal.com
Console: https://console.nft-terminal.com

SOURCE: NFT Terminal



Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com

XanPay Partners with SWAG to Launch New Alternative Payment Methods

HONG KONG, Feb 9, 2022 - (ACN Newswire) - Recently, XanPay announced a partnership with SWAG, a leading online entertainment interactive brand, to launch new alternative payment methods. Online entertainment experienced exponential growth during the pandemic. According to a related report, the worldwide traffic of online entertainment has grown substantially during the COVID-19 period. The increasing number of people working from home and restrictive social distancing measures has made online entertainment avenues extremely popular.

SWAG gained the upper hand against its competitors during this period partnering with a payment gateway specialized in alternative payment methods, XanPay.

Challenges of Online Entertainment Platforms in High-Risk Industry

SWAG is one of Asia's largest online entertainment interactive brands. The Taiwan-based company started in 2017 with a team of 80 employees. They have come a long way to establish themselves as the leader in the region.

For those who are unfamiliar, there are major challenges and taboos that the alternative online entertainment space constantly faced for decades:

  • Many financial institutions (FIs) consider merchants in this industry as 'high-risk'
  • 'High-risk' merchants faced extreme scrutiny and long approval lead times
  • Payment gateways that are accepting of these merchants usually charged exorbitant fees, sometimes nearly 20%
  • Unnecessary and tedious paperwork and processes
  • Perceived as risky business due to the high possibility of high chargeback

It wasn't any different for SWAG and they encountered many such obstacles over the years, but they continued to look for solutions that support the online entertainment content creator industry. Research shows that local payment methods or alternative payment methods (APMs) are 3x more popular than credit cards across APAC.

So, they began to look for local payment gateways which provided alternative payment methods (APMs) across Asia. However, issues like poor API integration documentation and having payment gateways that disappeared without response - made it difficult for them to break into new markets.

Reliable Payment Gateway in the APAC Region

When OnlyFans announced an official ban, the SWAG team onboarded many of the online entertainment content creators. They were determined to provide a reputable source of entertainment as well as income to their content creators.

After getting to know about XanPay, SWAG integrated and went live with new payment options within a week. Immediately, they observed payment adoption from across 8 new countries. Singapore, Malaysia and Hong Kong became their biggest markets in this region. Additionally, the number of payment issues reported by users had also drastically reduced.

Since then, XanPay accounts for up to 90% of their payment transactions in the new markets that they expanded to.

Key Highlights

  • Generated revenue from 8 new Asian countries within a month of integration
  • About 50% of the transactions are from XanPay vs non-XanPay
  • Grew their revenue and transaction volume by 5% within 3 months of integration
  • of payment issues reported by users drastically reduced
  • Ability to focus on bigger marketing and expansion plans
  • Acquired new users with XanPay processing up to 90% of the transaction volume in SEA

Quote section

"XanPay is our one-stop payment gateway in Asia. They solved our pain points. Not only are we able to reach new users and markets, but our alternative payments in the SEA region are also now managed by them, which is amazing." - Allan Lei, CTO of SWAG

Payments, Streamlined

XanPay has become their one-stop payment gateway solution using the full checkout page option. By getting the right payment gateway, the SWAG team gets to focus their efforts on bigger business plans.

SWAG now aimed to deepen its reach into Vietnam, Thailand and Indonesia.

About XanPay

XanPay is a unique payment gateway specialized in serving global customers locally. XanPay partners with organizations and small businesses to scale quickly and achieve outcomes through modern cross-border payment solutions. For XanPay, modern means widely adopted, seamless, convenient and secure. As a fast-growing payments company, XanPay built connections across 490 local banks in over 10 countries, enabling any businesses in the ecosystem to accept easy payments competitively. Shaping the next-generation payments landscape by bringing greater financial access.

For more information, visit
LinkedIn: https://www.linkedin.com/company/xanpay/
Facebook: https://www.facebook.com/XanPayOfficial
YouTube: https://www.youtube.com/channel/UCOmtkZ6cwwamzmQ_iViuzeA
Website: https://xanpay.com/

Media Queries
Carrine Eng, Marketing & PR Manager
Email: marketing@xanpay.com

SOURCE: XanPay



Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com

Opal aims to assist SMEs by making business transactions more efficient in the new normal environment

SINGAPORE, Feb 9, 2022 - (ACN Newswire) - Opal, a Major Payment Institution (MPI) licensed by the Monetary Authority of Singapore (MAS) has launched a Global Digital Business Account for SMEs. This latest product offering from Opal will allow businesses access to a less costly and more convenient form of international payment and cross-border banking.

Lim Ming Wang, CEO and Co-Founder, Opal

The Global Digital Business Account is an ideal financial tool for SMEs with global ambition and outreach. It provides named accounts to Opal's customers, making it convenient for their customers to receive payments quickly in major markets such as the US, UK, EU, and others.

Opal's new product offering also provides access to local payment networks in 21 countries. This allows payment to be made quickly and cheaply in countries such as the US, UK, Euro, China, and others. It provides easy access to these markets without the need to set up business operations in these territories.

Lim Ming Wang, Co-founder of Opal said, "We are aware SMEs face hurdles when it comes to business transactions on a global scale. They often face high charges and barriers such as unreasonable costs and delayed timings, while making payments or receive payments for their business. These issues are amplified in this post-covid era where cashflows need to unimpeded and every cost-saving is vital to a company's financial health."

He added "With the Global Digital Business Account, these issues are addressed and resolved. Our customers can operate almost like a local in various markets, with the same agility. It gives them the same advantage as larger MNCs and provide access to markets without the need to set-up business operations in multiple countries."

The Opal Global Digital Business Account can receive funds from up to 33 different currencies and send funds via a local payment network for 21 currencies. With its ability to receive, send, hold and convert funds, it helps SMEs streamline their business transactions and enjoy greater efficiencies.

It will provide great value to SMEs around the region who need to collect, make international payment via local network, and hold funds in multiple currencies

About Opal

Opal is a neo bank designed to best serve companies with international trade or business with transparent, safe, and easy-to-use financial-business solutions. Opal is a leading provider of end-to-end, regulated payments and financial solutions based on robust, proprietary technology. Opal offers businesses a broad set of financial solutions (consisting of multicurrency global digital business accounts, cross-border payments to 180 countries, local payments, named accounts, escrow, and a suite of financing/credit products) to help clients meet their diverse needs in today's ever-changing financial and business environment.

Opal is a leading provider of end-to-end, regulated payment solutions based on a robust, proven platform and proprietary technology. Opal is licensed as a Major Payment Institution (MPI) by the Monetary Authority of Singapore. For more information, please visit www.opalpayment.com

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comOpal, a Major Payment Institution (MPI) licensed by the Monetary Authority of Singapore (MAS) has launched a Global Digital Business Account for SMEs. This latest product offering from Opal will allow businesses access to a less costly and more convenient form of international payment and cross-border banking.

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