San Francisco, California, 8th March, 2023, Chainwire
To celebrate International Women’s Day, Unstoppable Women of Web3 (Unstoppable WoW3), a diversity and education group on a mission to equalize the playing field in Web3, today announced a commitment to providing Web3 and metaverse education for six million women in Africa over the next five years. The initiative is launching in partnership with 19+ companies including the African Leadership Group, Africa Women CEOs Network, Chipper Cash, NFT Domains, Polygon Labs, Sankore 2.0, Unstoppable Domains, Uoma Beauty, and the Virtual Brand Group, along with 17 other companies.
As a first step towards their goal of onboarding six million women in Africa to Web3 and the metaverse, Unstoppable Women of Web3 and Unstoppable Domains will expand access to user-owned digital identity through free Unstoppable domains, which people can claim for the next 30 days. Web3 domains, like dranino.nft, give people ownership of their identity data – allowing them to create a portable, user-owned reputation across Web3 and the metaverse.
“Africa has one of the most rapidly growing Web3 sectors today, but it’s not exempt from the gender equality issues we see across the globe, and we need to make sure everyone has a seat at the table,” said Sandy Carter, Founder of Unstoppable Women of Web3 and COO and Head of Business Development at Unstoppable Domains. “Empowerment starts with education, which is why we’re thrilled to lead this initiative to educate six million more African women on the metaverse and Web3.”
In order to meet this commitment, the partner organizations will offer Web3 and metaverse education via a wide assortment of educational streams, programs, learning materials, in-person events, and online courses:
- The African Leadership Group will offer master classes and content on Web3 and the metaverse to their ongoing training and lifelong learning programs across Africa.
- Africa Women CEOs Network will present a CEO Education in Masterclass Program designed specifically for women in Africa.
- Educational programs will be available online on the Unstoppable Women of Web3 official website, and will be translated into Portuguese, French, and Arabic.
- Chipper Cash will surface Unstoppable Women of Web’s Web3 and metaverse education within its app.
- Sankore 2.0, an Africa-focused blockchain community builder, will develop and organize online and physical courses on metaverse knowledge and blockchain code development to empower African women in Web3 technology.
- Unstoppable Women of Web3 and Unstoppable Domains will provide free Web3 domain addresses to expand access to user-owned digital identity. They’ll also launch a set of blogs on digital identity on the Unstoppable Women of Web3 website, available in French and English, and issue special NFT-based Education Badges for women who complete the education programs.
- Unstoppable Domains and Unstoppable Women of Web3 will launch a blockchain education stream in partnership with Alchemy.
Today, Africa is one of the fastest-growing adopters of blockchain, cryptocurrencies, and Web3 technology globally. The continent already features the world’s second-largest Bitcoin market and a government-backed central bank digital currency. Africa also witnessed a 1,200% increase in crypto payments from 2020 to 2021, showing a massive and rapidly growing demand for the nascent technology.
“Having started my entrepreneurial career in Nigeria at 17, I know the power and opportunity of Africa. I see technology and innovation as the way to unlock this next generation of women,” said Sharon Chuter, CEO & Founder of Uoma Beauty.
However, like many male-dominated tech and engineering sectors, Web3 suffers from uneven representation. In 2021, for example, out of the 121 leading crypto companies, it was discovered that less than 5% were founded by women, and women only represent 10% of partners at crypto funds.
Fred Swaniker, founder and CEO of African Leadership Group, said: “By 2035, Africa will have the largest and youngest workforce in the world and will be the primary driver of the 4th industrial revolution. Considering the burgeoning nature of the Web3 industry and the fact that women currently make up 50% of the African continent, it is incredibly important to educate and empower our women with the tools they need to succeed in this field. This partnership will champion not only diversity in Web3 but also enable Africa to continue establishing itself as a global Web3 hub.”
Jennifer Kattula, SVP of Marketing at Polygon Labs said: “We believe in diversity and its impact on the web3 industry. We support women on this International Women’s Day and 365 days of the year. We are proud to support Unstoppable Women of Web3 and the Metaverse as they expand into Africa and beyond.”
Dr. Anino Emuwa, Managing Director of Avandis Consulting and Founder of Africa Women CEOs Network, said: “This initiative will give women in Africa a chance to participate in one of the fastest growing industries in the modern world. The tech and Web3 industries have historically faced issues with diversity and a lack of representation, but with this new initiative, women in Africa can learn about a burgeoning industry and be part of building its future.”
Justin W. Hochberg, CEO and Co-Founder of the Virtual Brand Group, said: “If you can defy gravity in the metaverse, why can’t we defy convention as to who has a voice and the technical skills? This is a once in a generation opportunity to empower diverse talent which will benefit everyone as we collectively build this brave new interconnected world from games to fashion, loyalty to art, sports, music, entertainment and beyond. I challenge everyone to be the change you wish to see in the metaverse and web3 starting here and now with the women of Africa where humankind originated and which over the next decades will be a leading global technology hub.”
Laura Kennedy, VP of Corporate Development at Chipper Cash, said: “We are delighted to pledge our support to the Unstoppable Women of Web3 initiative. Chipper Cash is a company deeply committed to unlocking global opportunities to connect and uplift Africa. When Chipper launched a crypto product more than two years ago, it was in response to a need expressed by our customers. With this initiative, Chipper and Unstoppable Women share a vision that inclusive access and education are critical to building an equitable online ecosystem where everyone can thrive.”
Other partners supporting this initiative are: African Women in Fintech & Payments (AWFP), Afrilabs, Bookings Africa, Ejara, Eloy Awards Foundation, Emerging Africa Group, Futuresoft, Google Cloud, Kenya Blockchain Ladies DAO, Mission Impact Academy, Miss O Cool Girls, NairaEx, SpaceYaTech, The Product House, Thousand Faces NFT, UTU, Women in Management Africa (WIMA), and Women in Tech.
This is not the first time Unstoppable Women of Web3 has launched an educational initiative to onboard women from underrepresented communities to Web3. Last October, the organization also announced its mission to educate and onboard over five million Latinas into Web3 by 2030.
About Unstoppable Women of Web3
Launched in 2022, Unstoppable Women of Web3 is a diversity and education group focusing on training the next generation of talent, with a mission to equalize the playing field early in the Web3 era. All 206 collaborators have pledged to feature work created by historically marginalized groups in at least half of all materials used for Web3 education.
About Unstoppable Domains
Launched in 2018, Unstoppable Domains is a Web3 domain name provider and digital identity platform working to onboard the world onto Web3. Unstoppable Domains offers Web3 domains minted on the blockchain that give people full ownership and control of their digital identity, with no renewal fees. With Unstoppable Domains, people can replace lengthy alphanumeric crypto wallet addresses with a human-readable name and log into and transact with more than 720 apps, wallets, exchanges and marketplaces. The company was named by Forbes as one of America’s Best Startup Employers in 2022.
About African Leadership Group
The African Leadership Group (ALG) is an ecosystem of independent entities with a shared vision for transforming Africa by developing three million ethical and entrepreneurial leaders by 2035. Anchored in its unique and effective learning model, ALG has been at the forefront of developing diverse talent for the past two decades, equipping and harnessing the potential of African youth to meaningfully engage with — and contribute to — the global digital economy as leaders and innovators. As a leading technology training provider, its mission is to solidify Africa’s place as the final frontier for technology, while providing a lasting solution to the global technology talent shortage. ALG was named by Fast Company as one of the 50 most innovative companies in the world in 2019.
About Africa Women CEOs Network
Africa Women CEOs Network, is a community of women leading businesses. Our peer network helps women combat the lonely-at-the -top syndrome supporting their professional growth through the provision of bespoke leadership development and access to business opportunities.
As UN Women Generation Equality Action Coalition commitment makers, we collectively contribute to accelerating progress towards gender balanced leadership across the continent through our advocacy and DEI initiatives.
About Chipper Cash
Chipper Cash is a financial technology company serving more than five million customers across the African continent. In 2018, Chipper Cash revolutionized moving money in Africa with the introduction of fee-free transfers for personal payments—providing a frictionless way to send and receive money cross-border and enabling financial inclusivity across the continent. Since then, Chipper has increased its product suite by offering personal investments and digital business transactions, and expanded its reach into the US. Led by co-founders Ham Serunjogi and Maijid Moujaled, Chipper Cash is focused on its mission to provide the most trusted and accessible financial services for people living in Africa and beyond. For additional information, please visit www.chippercash.com.
About Polygon Labs
Polygon Labs develops Ethereum scaling solutions for Polygon protocols. Polygon Labs engages with other ecosystem developers to help make available scalable, affordable, secure and sustainable blockchain infrastructure for Web3. Polygon Labs has initially developed a growing suite of protocols for developers to gain easy access to major scaling solutions, including layer 2s (zero-knowledge rollups and optimistic rollups), sidechains, hybrid chains, app-specific chains, enterprise chains, and data availability protocols. Scaling solutions that Polygon Labs initially developed have seen widespread adoption with tens of thousands of decentralized apps, unique addresses exceeding 220.8 million, over 1.18 million smart contracts created and 2.48 billion total transactions processed since inception. The existing Polygon network is home for some of the biggest Web3 projects, such as Aave, Uniswap, and OpenSea, and well-known enterprises, including Robinhood, Stripe and Adobe. Polygon Labs is carbon neutral with the goal of leading Web3 in becoming carbon negative.
About Virtual Brand Group
The Virtual Brand Group (VBG) is an award-winning metaverse pioneer transforming businesses by strategizing, building, and operating brands in virtual worlds. VBG works in partnership with global intellectual property across entertainment, fashion, retail, lifestyle, and beauty to deliver immersive experiences, social games, digital marketing campaigns, virtual fashion, and next-level token reward programs.
The company won Licensing International’s “Best Digital Licensed Product” for its work building Forever21’s Shop City into the #1 retailer on Roblox (the first-ever metaverse winner). VBG was recently credited with making Forever 21 one of the “top 10 metaverse companies for 2023.” Additionally, the company has been featured in over 500 top-tier media outlets for its work with other brands, including Barbie, for which it designed the iconic character’s first-ever virtual fashion line and putting “The Voice” singing competition with NBC – airing in 145 territories – into the metaverse for the first time securing record-breaking numbers. VBG is credited with developing “Infinite Loop Marketing,™” the first-ever avatar-to-ecommerce program where items can be sold simultaneously in the metaverse and real life.
#GetMetaversed on Twitter and LinkedIn. For more, visit virtualbrandgroup.com.
Contact
Nora Chan
press@unstoppabledomains.com
London, United Kingdom, 8th March, 2023, Chainwire
Mizar, a social trading platform that boasts over 10,000 users and sees daily trades in the millions of dollars, is pleased to announce the launch of its $MZR token on March 9th, along with the disclosure of its ambition to introduce automatic and copy trading on both centralized and decentralized exchanges. Mizar aims to transform the crypto trading industry by enhancing its accessibility and profitability for all, with the ultimate objective of becoming the most popular social trading platform for crypto. 
The $MZR token will serve as the native token of the Mizar ecosystem, allowing users to participate in various activities such as staking, accessing features, and receiving rewards. Additionally, the $MZR token will be used to reduce fees on the Mizar platform by up to 95%, providing a more cost-effective solution for traders.
Following the successful completion of its initial roadmap phase, which centered on developing trading tools for CeFi platforms, Mizar is delighted to reveal its next roadmap phase which seeks to expand its existing tools to DeFi. These features will empower users to automate their trading strategies using advanced, but intuitive trading tools, on decentralized exchanges. By combining these tools with its copy-trading engine, novice traders will find trading more accessible while experienced traders can potentially enjoy an additional income stream while retaining control of their assets through self-custody.
Mizar aims to establish itself as the leading crypto trading platform, offering users the ability to track and manage their orders across both centralized exchanges such as Binance and decentralized exchanges like Uniswap. The Mizar team believes that by incorporating automation and artificial intelligence, traders can gain an advantage in the market and increase their chances of success.
“Our launch on Arbitrum is a testament to our enthusiasm for expanding into DeFi”, says Francesco Ciuci, CEO of Mizar. ”We are currently engaged in discussions with several projects in the Arbitrum ecosystem, and we are all eagerly anticipating the chance to collaborate on groundbreaking products that will revolutionize the DeFi trading landscape”.
With support from prominent investors including Nexo, KuCoin Labs, Huobi Ventures, Kronos Research, and others, Mizar marks a significant advancement in the realm of crypto trading.
Starting from March 9th, Mizar’s $MZR token can be acquired on Uniswap. To learn more about Mizar’s social trading platform and its future roadmap, please visit https://mizar.com/.
About Mizar
With over 10,000 active users and millions of volumes traded daily, Mizar is the go-to choice for those who demand the best when trading crypto. Say goodbye to FOMO and missed opportunities, and embrace hands-free trading on your favorite CEX and DEX with advanced bots and smart tools. Additionally, Mizar traders can share bots with others on the soon to-be-largest social trading platform in the crypto space and earn a passive income. Thanks to the MZR token, users can get access to all these features without paying any subscription fee.
Contact
CEO
Francesco Ciuci
Mizar
marketing@mizar.ai
London, United Kingdom, 8th March, 2023, Chainwire
GameFi arcade project Metacade has continued to see a phenomenal response to its MCADE token presale, with 5 stages selling out and an impressive $9.3m raised to date. This leaves only two rounds before the presale closes and the hotly anticipated token finally lists on public exchanges.
During the recent Metacade presale, a significant demand for tokens led to Stage 5 quickly reaching its token sale cap at a price of $0.0155. The current stage 6 sees a token price of $0.017, ahead of its ultimate increase to $0.020 in the closing stage of the presale. Once the presale sells out, the token will be unleashed on multiple crypto exchanges, including Bitmart and Uniswap.
Russell Bennett, CEO at Metacade, said: “It feels like only yesterday that we opened the MCADE presale and it’s already coming to a close. We’re thrilled to have so many investors and GameFi enthusiasts on board for the next stage of Metacade’s journey. Everything is on track and we will be keeping the community updated every step of the way.”
It certainly has been interesting to follow the buzzing Metacade social channels, where a loyal development community shares ideas, including app interfaces and UX concepts. The business aims to hire from within the existing community as the project progresses following the presale.
Metacade is set to deliver the ultimate play-to-earn experience and change the face of gaming. Built on blockchain-based play-to-earn mechanics, Metacade will allow gamers to earn a crypto income while playing a vast range of arcade-style games. The GameFi project is building a community hub for all things play-to-earn where gamers can meet, exchange gaming alpha, and compete against each other in tournaments to earn MCADE.
MCADE is the fuel for the Metacade ecosystem and is used in all transactions on the platform. Gamers will be rewarded tokens for gameplay such as overcoming challenges, completing tasks, and battling it out in PvP sessions. Users will also be awarded MCADE tokens for their valuable contributions to the platform, such as sharing knowledge with fellow gamers, writing game reviews, and engaging in events.
A highly attractive feature that’s drawing in investors is the Metagrants initiative, a source of funding for game developers to build projects on the platform. Developers submit game proposals to the community who vote on what projects they would like to see built. The most popular proposals are awarded funding and the developers can set about bringing their ideas to life.
Metacade recently received approval from leading blockchain auditing firm Certik who analyzed and evaluated the project’s specifications and code, as well as assured the authenticity of the Metacade team through a full KYC. This prestigious approval places Metacade among other Certik-approved projects, including Chiliz, Aave, and Polygon, assuring investors that Metacade is transparent and reliable.
About Metacade
Metacade is the premier destination for gaming in the metaverse. As Web3’s first community arcade that allows gamers to hang out, share gaming knowledge and play exclusive P2E games. The platform offers users multiple ways to generate income, build careers in Web3, and connect with the broader gaming community.
Metacade will be the one-stop destination for users to play, earn, and network with other passionate gamers worldwide. Once the project reaches the end of its roadmap, Metacade will be handed over to the community as a full-fledged DAO, evidencing its commitment to its original ethos of people-led gaming.
Website: https://metacade.co/en
Whitepaper: Metacade Whitepaper
Socials: Metacade Socials
Contact
CEO
Russell Bennett
Metacade
pr@metacade.co
Seoul, Korea, 7th March, 2023, Chainwire
Everscale is continuing the growth that has seen it rise to one of the most eminent blockchains in the industry. The network has already been added to some of the largest crypto exchanges including KuCoin, Huobi, Gate.io, MEXC, INDODAX and more. Now another exchange has been added to the list, after Everscale won a community-driven vote to determine which asset would be listed next on Bybit, one of the top 10 cryptocurrency exchanges in the world.
According to Bybit rules, only its users can choose the assets that get listed on the exchange through a voting process held on the ByVotes platform. The latest asset vote took place on March 2 and lasted for 24 hours. The community was asked to choose between three tokens — EVER, VRA and POOLZ. In the first 60 seconds, EVER received 1,182,781 votes and took a substantial lead over the other assets, which it retained until the conclusion of the voting period. By the time voting had concluded, it became clear that Everscale set a new record for the number of votes cast for a project on the ByVotes platform with 41,281,985.
Before voting started, both Everscale and Bybit held AMA sessions for their users. Bybit held their AMA on Telegram with an $1,000 prize pool and Everscale held theirs on Twitter with a 5000 EVER prize pool. Both sessions were well attended and served as comprehensive introductions for the newest addition to Bybit’s stable of digital assets.
The prize pool established for the scenario of Everscale winning on ByVotes was 1,200,000 EVER, and an airdrop took place immediately after the vote concluded, with all participants who voted for Everscale receiving a share of the pool proportional to their contribution to the vote tally.
Everscale also held a contest among its voters, which was the first step toward gaining VIP access to EVERPOINT 2023, a conference and party in honor of the network’s third anniversary which will be held in the UAE on May 7.
The listing is the latest demonstration of the budding strength of the Everscale community and its high level of loyalty and involvement in the life of the project. The listing on a new exchange of this calibre also constitutes a milestone for the network as it will open up an entirely new level of accessibility and exposure to Everscale.
Everscale Foundation Board Member Moon Young Lee said: “This listing on Bybit is a massive achievement, especially considering the way it came about. Getting listed on one of the world’s top ten exchanges is going to allow Everscale to expand much further and introduce many new people to the network. In addition to all that, we could not be more pleased with how strongly the Everscale community showed its support during the voting process.”
About Everscale
Everscale is a uniquely designed blockchain of the 5th generation that proposes a scalable decentralized world computer paired with a distributed operating system. Everscale is based on a platform called Ever OS, capable of processing 64,000 TPS, with Turing-complete smart contracts and decentralized user interfaces.
Everscale has a number of unique features like dynamic multithreading, soft majority consensus and distributed programming, which enable it to be scalable, fast and secure at the same time. It is governed by a decentralized community founded upon meritocratic principles via the Soft Majority Voting protocol.
Everscale has powerful developer tools, such as compilers for Solidity and C++, SDK and API, client libraries ported to more than 20 languages and platforms, a range of decentralized browsers and wallets empowering many applications in DeFi, NFT, tokenization and governance domains.
Contact
Lili Kuvardin
lili.pr@everscale.network
Seattle, UNITED STATES, 7th March, 2023, Chainwire
Massive Gaming, NEOWIZ’s overseas affiliate, successfully launched House of Slots on March 6. House of Slots is a social casino game that combines Web3-based Play and Earn content and blockchain technology. House of Poker, a global social casino hold’em game, will be released as a follow-up.
Before launch, users received a token airdrop, with further reward opportunities to follow through the Play and Earn system integrated into House of Slots.
House of Slots will offer over 80 different social casino slot machine games and provide users with a realistic and fair gaming experience. Through the Play and Earn system, users will be able to unlock rewards in the game’s decentralized economy and generate more value from their playing time.
House of Slots utilizes USDC, a stablecoin fixed to the value of the US dollar. Global users can play various social casino games for free and earn USDC with specific goods provided by the game. This will alleviate sell pressure on the game’s native token, which has been the most notable issue with web3-based games so far. The Play and Earn system will see users paid in USDC as a reward, ensuring stability in value.
To date, small and medium-sized game developers have experimented with the combination of Play and Earn games based on blockchain technology, but the in-game economies have not provided a stable structure that produces fair benefits to users. House of Slots applies a Play and Earn structure that fairly rewards users thanks to reliance on USDC in the game.
Information regarding House of Slots-related airdrops and free NFT minting events can be received via Discord, Twitter, and Telegram. Links to the airdrop page can be found on Gleam. Users who would like to participate in each event must first install the IntellaX wallet in order to receive rewards. Wallet installation can be done through a simple registration or email linkage which makes it easy to participate.
Users can unlock additional reward benefits by completing missions in House of Slots. For example, users who own NFTs will receive more valuable rewards during the “NFT Holder” limited-time event after launching. Players are encouraged to join the Discord server to relive their big wins. Players can also learn even more about all of the upcoming events on the project’s Medium page.
Discord | Telegram | Twitter | Medium
About Massive Gaming
Massive Gaming is an affiliate of NEOWIZ, focused on the production and publication of crypto-enabled games and services. Learn more by visiting Massive Gaming Medium or the official website.
Contact
PR Manager
William Murphy
Massive Gaming
bill@massivegaming.io
Singapore, Singapore, 7th March, 2023, Chainwire
DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, is delighted to announce that its community has voted to sponsor the National Fighting Championship (NFC) this year. The NFC is the German version of the widely known UFC, in charge of the mixed martial arts (MMA) fighting league in Germany.
NFC is the biggest German MMA league, with the latest NFC event (NFC 10) reaching more than 10 million viewers worldwide. It is hosting six live events in 2023, and each event attracts 2,500-6,000 fans onsite. The fights are also broadcast on German television on Sport1 as well as on social media. DeFiChain will sponsor the following five of the six events this year:
- 25 March, 2023: NFC 13 Westfalenhallen Dortmund
- 27 May, 2023: NFC 14 Maritim Hotel Düsseldorf
- 16 September, 2023: NFC 15 Telekom Dome Bonn
- 11 November, 2023: NFC 16 Showpalast Munich
- 16 December, 2023: NFC 17 Maritim Hotel Düsseldorf
Michael Ortlepp, Managing Director of the NFC organizer Fighting GmbH, said, “It is a great joy and privilege for us to announce our partnership with DeFiChain. NFC as well as DeFiChain follow the same values and goals and are made for a great partnership that will have a lasting effect on the German MMA scene.”
DeFiChain has a growing community base in the German market. The opportunity to sponsor the biggest German MMA league will allow DeFiChain to attract more crypto-curious people in the German market. Prior to sponsoring the NFC, DeFiChain collaborated with several agencies to conduct market research. It found that crypto users and developers are highly interested in gaming, basketball, fighting sports and drone racing.
“I’m really happy about the partnership between us and the team of fighting.de. With the DeFiChain sponsored 10,000€ “Fighter of the Night Bonus” we are able to give the fighters the appreciation they deserve. Our community is looking forward to being part of this fantastic fighting community,” said Benedikt Keck, Project Lead NFC Sponsoring at DeFiChain.
DeFiChain will also sponsor a “Fighter Of The Night Bonus” for the best fight of the evening. The fighters will be paid directly in DFI in their Wallet. They will be able to spend it however they want, or use it to invest in dStocks or liquidity mining on DeFiChain to earn more rewards. There will also be a “Fan of the Night Bonus,” where one fan will be randomly selected during the live event and if they can show that they have the DeFiChain Wallet installed they will get 1,000 DFI.
DeFiChain is a fully decentralized blockchain with on-chain governance. Since its mainnet launch in May 2020, the project has seen an enthusiastic involvement from the community in almost all aspects of the blockchain, from masternodes, projects, tools, governance, economic ideas, to code governance. Its codebase has been developed in an open source manner, and widely peer-reviewed and discussed by many.
About DeFiChain
DeFiChain is a decentralized Proof-of-Stake blockchain created as a hard fork of the Bitcoin network to enable advanced DeFi applications. It is dedicated to enabling fast, intelligent, and transparent decentralized financial services. DeFiChain offers liquidity mining, staking, decentralized assets, and decentralized loans. The DeFiChain Foundation’s mission is to bring DeFi to the Bitcoin ecosystem.
For more information, visit: Website | Twitter | Discord | GitHub
Contact
Benjamin Rauch
press@defichain-ac.com
Singapore, Singapore, 3rd March, 2023, Chainwire
DigiFT, a Singapore-based decentralized exchange (DEX) for asset-backed tokens (STO), has completed a Pre-Series A funding round, securing US$10.5 million.
The investment round was led by Shanda Group, a global privately-owned investment group founded by Chinese online entertainment pioneer Tianqiao Chen and family in 1999. Shanda Group’s business is segmented into four units: Private Equity (Venture Capital) Investments, Public Market Investments, Real Estate, and Natural Resources.
Other investors included HashKey Capital, a multi-stage global venture capital firm investing in visionary blockchain founders; Hash Global, a Web3 venture capital firm with offices in Singapore and Shanghai; Xin Enterprise Pte. Ltd., a Singapore investment firm wholly owned by Liang Xinjun, co-founder of Fosun Group; and North Beta Capital, an eco-building firm in the digital technology industry.
DigiFT was founded in 2020 by Henry Zhang, formerly Greater China CEO of East West Bank, deputy China CEO of Citibank and Standard Chartered Bank, and is helmed by a leadership team with extensive experience in financial institutions and fintechs. With a vision to bridge the gap between centralized and decentralized finance, DigiFT is the first and only DEX enrolled in the Monetary Authority of Singapore (MAS) FinTech Regulatory Sandbox.
It aims to provide regulated decentralized finance solutions on the Ethereum public blockchain via an Automatic Market Making (AMM) mechanism that facilitates secondary trading liquidity for security tokens backed by financial assets such as bonds and equities.
Asset owners can issue blockchain-based security tokens efficiently and cost-effectively. Investors are also able to trade with continuous liquidity via the AMM mechanism and retain control over digital assets in their own wallets.
Funds from the Pre-Series A round will be used to support license applications in Asia, the Middle East and Europe, go-to-market plans, technology development and to expand the company’s innovation capabilities.
Henry Zhang, founder and CEO of DigiFT, said: “We are encouraged by investors’ confidence in our vision to become a regulated DeFi exchange. The industry has been through a tough time in the past year. This fundraise is a testament that this industry has huge potential if the gap between traditional finance and Web3 can be bridged.”
“It gives us the arsenal to transform the industry and we are excited to see where the journey takes us. As a key international financial hub, Singapore boasts a robust legal framework and government support for tokenization with blockchain technology. We look forward to further working with regulatory bodies to steer our industry in the right direction.”
Tianqiao Chen, founder, Chairman and CEO of Shanda Group, said: “DigiFT’s appeal is their leadership team’s ability to understand the gaps within the DeFi industry, and how they’ve effectively combined their extensive backgrounds in traditional financial institutions with a deep knowledge of Web3 financial services. They convinced us that they will not only be market leaders, but the market standard for the DeFi industry.”
Plans for new hires are in the pipeline with the injection of the fresh funds to support the growth of the exchange. DigiFT will look to bring on board experienced hires that understand traditional finance as well as Web3 experts. These talents can be based either in Singapore or in regions that DigiFT is looking to expand into.
For more information or media enquiries, please contact:
DigiFT
Evelyn Xiong
Email: media@digift.com.sg
SPRG
Pooja Shah
Email: pooja.shah@sprg.com.sg
Hp: +65 8889 1321
Deborah Dayani Nanayakara
Email: deborah.dayani@sprg.com.sg
Hp: +65 9758 4071
About DigiFT
DigiFT, founded in 2020, is a decentralized digital asset exchange (DEX) for asset-backed tokens (STO). DigiFT is the first and only decentralized digital asset exchange enrolled in the Monetary Authority of Singapore (“MAS”) FinTech Regulatory Sandbox. It aims to provide regulated decentralized finance solutions on the Ethereum public blockchain offering an Automatic Market Making (AMM) mechanism that facilitates secondary trading liquidity for security tokens backed by financial assets.
Contact
Marketing Manager
Evelyn Xiong
DigiFT Tech (Singapore) Pte Ltd
evelyn.xiong@digift.com.sg
Labuan, Malaysia, 2nd March, 2023, Chainwire
Cerus Markets is excited to launch its Mobile Trading App Giveaway!
Announcing an upcoming release of its trading platform, Cerus Markets is excited to offer traders an opportunity to be the first to access its Mobile Trading App and take a chance to win a share of $10,000 in cash.
Cerus Markets is a regulated crypto broker offering a revolutionary way to trade digital assets. With its Mobile Trading App, traders will be able to access derivatives that allow speculation on major global Stocks, Commodities and Metals trading paired against currencies and crypto – all with zero fees and leverage up to 100:1.
To register for the Giveaway, visit cerus.app, sign up for the waitlist and download the trading app once it becomes available.
A total of three winners will be chosen at random and announced via email and social media. $5,000 is awarded to the first winner, $3,000 to the second and $2,000 to the third.
Sign up for a $10,000 Cash Giveaway at cerus.app.
About Cerus Markets
Cerus Markets Limited is a multi-asset broker authorized and regulated by the Labuan Financial Service Authority. Cerus Markets represents a new type of global brokerage providing access to cryptocurrencies, forex, stocks and commodities all from one trading platform – all without fees. Users can access from their mobile device or web browser, and never miss a trade.
Cerus Markets’ goal is to enable market access for all trading levels, therefore there are no entry fees that allow traders to place positions on multiple digital assets with as little as $50.
Learn more about Cerus Markets at cerusmarkets.com
Socials: Telegram | Twitter | Instagram
Contact
Marketing Director
Veronica Imasheva
Cerus Markets
marketing@cerusmarkets.com
Paoli, United States, 1st March, 2023, Chainwire
BitCard® has announced a new relationship with Blackhawk Network (BHN), one of the world’s leaders in branded payment technology. Through this groundbreaking commercial relationship, BitCard® will offer its Bitcoin Gift Card at select U.S. retailers in BHN’s vast network of retailers and B2B channels.
This relationship marks a major milestone for both BitCard® and BHN. BitCard® is introducing one of the first Bitcoin products to BHN’s network, while BHN is increasing the visibility of BitCard® to help drive further access to Bitcoin. Additionally, this commercial relationship will diversify the offerings, allowing retailers, card rewards, airlines, loyalty companies, and many more within BHN’s network to purchase BitCards® and offer them to their customers as part of their existing merchandise, benefits, or rewards programs.
“We’re pleased to partner with BitCard®, offering its gift cards redeemable for cryptocurrency in our portfolio. This marks an exciting step for Blackhawk within the world of crypto, and we’re delighted to offer our vast network a new and innovative gift card option. We look forward to seeing the positive impact this partnership will have on our industry.” – Steve Dekker, Managing Director, Americas, Blackhawk Network
The BitCard® rollout is expected to go live in the coming days, and both companies are eager to see the beneficial effect of this offering.
BitCard®, developed by Bitcoin Solutions Inc, is dedicated to making Bitcoin and cryptocurrency easy for consumers to access. Its aim is to become the most accessible, interoperable method to purchase Bitcoin and other cryptocurrencies.
“We are excited to partner with Blackhawk. The BitCard® rollout will provide BHN partners with yet another leading gift card option, while also providing end users easy access to Bitcoin and Crypto —in some cases, for the first time,” said Ed Gieske, CEO of Bitcoin Solutions Inc.
About Blackhawk Network (BHN)
Blackhawk Network (BHN) delivers payment solutions through prepaid products, technologies, and network that connect brands and people. We collaborate with our partners to innovate, translating market trends in branded payments to increase reach, loyalty, and revenue. We reliably execute security-minded solutions worldwide. Join us as we shape the future of global branded payments. Learn more at blackhawknetwork.com.
About BitCard®
BitCard® (Bitcoin Solutions Inc), is a technology company that aims to make Bitcoin and cryptocurrency easy to purchase. BitCard® is the most accessible, interoperable method to purchase Bitcoin and other cryptocurrencies, safely and securely. The BitCard® offering also supports loyalty rewards, points, and incentive programs. We are empowering clients with access to custody, compliance, funds processing, and gift card issuance to help support new partners.
For partnership inquiries, please contact partnerships@bitcards.com.
Contact
CEO
Edward Gieske III
Bitcoin Solutions Inc
support@bitcards.com
1-833-424-8264
Limassol, Cyprus, 27th February, 2023, Chainwire
Crypto brokerage platform LiteFinance has introduced margin trading, allowing users to experience high leverage for a range of digital assets. LiteFinance allows traders to experience all the thrills of playing the crypto market within a responsive and user-friendly framework.
The main question for many beginners is deciding how to trade cryptocurrencies: on a crypto exchange or through a Forex broker. The ideal platform should be as accessible as possible, highly secure, and come equipped with a range of advanced trading tools. With LiteFinance, traders can open sell positions (short trades) in a couple of clicks. This allows them to immediately open a sell position and make a profit when the price drops in a downtrend. Transactions are executed immediately at the market price due to a vast network of counterparties built on ECN technologies. Users can set a take profit and the position will close in profit automatically when the market reaches the specified price level.
LiteFinance levies the lowest possible platform fees when trading cryptocurrencies. Swaps are significantly lower than those set by crypto exchanges and other brokers. Market raw spreads (the difference between the buy and sell price) are available on LiteFinance ECN accounts.
For example, for ETHBTC on an ECN account, the average spread is 0.00001 points, and the swap to buy and sell is only -0.20$. Thus, it is much easier for traders to plan long-term actions and achieve their trading goals. Furthermore, the LiteFinance platform charges the lowest transaction commissions among crypto trading providers.
When trading cryptocurrencies, LiteFinance clients can take advantage of 1:50 leverage. This means that only 2% of the transaction amount is needed as collateral to open a position. Leverage allows traders to use less of their own funds to open larger positions. In this case, the potential profit will increase significantly relative to the funds deposited into the account.
All transactions are securely protected because LiteFinance has many years of experience and a strong infrastructure that has been developed since 2005. Clients’ digital assets are stored in separate cold crypto wallets and insured.
The LiteFinance web platform has the widest selection of digital assets among brokers, with over 75 cryptocurrency pairs available. Traders can choose the most popular coins, such as Bitcoin and Ethereum, for short-term trading and make profits from daily price movements. They can also open long-term buy positions for tokens of developing crypto projects, whose cost currently does not exceed $1. LiteFinance also closely monitors the world of cryptocurrencies and regularly adds promising digital assets to the list of trading instruments.
To start trading crypto assets with LiteFinance, all that’s required is to sign up, open a trading account and deposit funds.
About LiteFinance
Since 2005, LiteFinance (ex. LiteForex) has been offering Tier 1 liquidity in the currency, commodity and stock markets to its clients via its online ECN broker. LiteFinance (ex. LiteForex) has one of the biggest investment market offerings with all major currency pairs, cross rates, oil & precious metals, stock indexes & blue chips, plus the most extensive range of cryptocurrency pairs for trading.
Contact
Jana Kane
jana.kane@litefinance.com