Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
News Release Digital Asset Direct

My Mom’s 100x Return on Real Estate

Elevate Money

Authored by Harold Hofer, CEO and Co-Founder of Elevate Money. 100x. One hundred times more is what my mom’s house just sold for in comparison to what she paid for it 50 years ago. The house didn’t double or triple in value -- it went up 100x from its original value. To be clear, our home was bought for $32,500 in the late 1960s and we sold it for $3,250,000 just a couple of years ago. Two more zeroes. My family immigrated to the States when I was four years old and we began our life here living in apartments. After seven years of living frugally, our dream of homeownership was finally realized in the form of a 1,500-square-foot, 2-bed, 1-bath home built way back in the 1920s. But it wasn’t the age of the house, dated appliances, or curling wallpaper I remember most - it was the backyard. A patch of green that was our very own! No more playing in an alley or on a busy street where the only green you saw was in the cracks on the sidewalk. This space was ours. As luck would have it, the house was located in Santa Monica on the western edge of Los Angeles. Now no one at the time could have anticipated this, but within a few years, the home prices in our beach town skyrocketed and continued to do so in the decades that followed. Buying a house provided our family with physical security, and in the end, also gave my mom financial security. Needless to say, 100x is an incredible investment return! And though not all places will become the next hip place to live, it does showcase how real estate can potentially appreciate consistently and considerably over time. Now you may think how lucky we got, or that this could never happen again in today’s economy; that there is no way a house or any other piece of real estate could go up in value that much again. But I’m here to show you that this big win isn’t as out of reach as it may seem. Two more zeros, hmmm. I wondered to myself, what annual rate of return would it take to grow anything 100x in 50 years? I went ahead and did the math, and the answer is 9.25% (with monthly compounding) or 9.65% (annual compounding). You can try the Elevate Money dividend calculator and see this for yourself (set the initial investment to $32,500, the dividend yield to 9.25%, and turn on Dividend Reinvestment). Then view the return over 50 years. $3,250,000 Honestly, given that the appreciation on my parent's house was so huge, I would have thought the annualized returns would need to be much higher to capture 100x in 50 years. What’s even more interesting is that this annual return was realized solely from capital appreciation. Real estate ownership typically has two components of investment return: income (rental profits) plus capital appreciation (increase in value). My mom’s house was only the latter, meaning the 100x return was not supplemented by someone renting the house from her. She lived in that house for all 50 years. When you factor in both income and capital appreciation, and when you consider the magnifying effect of mortgage financing, achieving a 9.25% - 9.65% annual return on a real estate investment is really not that crazy. With some research, you can find that the annual inflation rate is around 3.5%¹, and dividends for real estate investments historically have been around 6.5%² within a diversified portfolio. This 10% total annual return makes the 100x return more believable, even with today’s real estate prices being much higher than they were 50 years ago! And while not everyone can afford an entire property at this moment, through crowdfunding you can let your money potentially work for you in this same way. Check us out at Elevate.Money to learn about the real estate potential that is available to you with just a few clicks at a very modest cost. Breaking the barriers to entry and giving you power, one investment at a time, starting with as little as $100. WorldData.info From 1979 to 2020 the average inflation rate was 3.5% per year. Millionacres.com Diversified REIT Annualized Total Return from 1994-2020 is 6.8% Elevate.Money, is an investment platform that enables investors to gain exposure to real estate through fractional ownership and get a share of the potential rental income, starting with as little as $100. Real Estate Investing For All. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Elevate Money support@elevate.money Company Website https://www.elevate.money/

January 20, 2023 09:00 AM Eastern Standard Time

SSV.Network Launches $50 Million Ecosystem Fund to Support Ethereum PoS Decentralization

SSV.Network

ssv.network DAO is launching a $50 Million Ecosystem Fund dedicated to supporting the development of Distributed Validator Technology (“DVT”) based applications. To usher in the next wave of Ethereum staking technologies, a host of Staking companies and VCs from the crypto space - including the likes of DCG, OKX, HashKey, NGC, Everstake, HackVC, GSR, Chorus.One, SevenX, 1kx, and more - have joined forces to help advance the next generation of staking solutions. All of these major players have come together to promote Ethereum’s decentralization through the use of DVT. The Fund is the first of its kind, dedicated solely to DVT use cases. Partners backing up the Fund are placing a special emphasis on helping projects that will support Ethereum’s decentralization over the long run as more stakers join the network. DVT and the various use cases being built using the tech are similar to the early days of L2 implementations. However, each technology works on its own specific problem, DVT, focusing on Ethereum’s security and decentralization, and L2s, which focuses on transaction speed and lowering costs. The Fund's purpose is to Solidify DVT as critical Ethereum infrastructure DVT is a key component in Vitalik’s Ethereum's roadmap toward a fully decentralized Ethereum 2.0. The ssv.network is the first implementation of DVT and has positioned itself as Ethereum's security layer - or Layer 0. With each Ethereum validator that uses DVT, the network becomes more decentralized and secure, bringing it one step closer to a global network uncensorable by any one entity. Earlier this year, the ssv.network DAO pledged $3 Million for developer grants. In less than 12 months, over $1.2 Million has been allocated to over 20 leading companies in the Proof of Stake (“POS”) ecosystem. Among the grantees are industry-leading builders, including Blockscape, ANKR, Stader, Moonstake, and others using DVT to build their next-gen applications. The time to build is now! Total ETH at stake has officially reached 16 million, with the majority of it concentrated in the hands of a few players. It leaves the Ethereum ecosystem in demand for decentralizing factors such as DVT. Considering that the Shanghai update and the ssv.network’s mainnet are approaching in 2023, there has never been a better time to build than the present. Alon Muroch, Core Dev Lead - ”Distributing Ethereum’s security layer has never been more important. The protocol is currently secured by a small group of companies which, when put together, control the entire Blockchain. DVT’s aim is to distribute Ethereum’s security by offering quick and easy access to an open-source, public good that will completely change the way staking is operated today. There are already more than 20 companies building on top of ssv.network’s DVT protocol, and that list is expected to grow significantly with the Eco Fund’s launch” “We believe that we are currently in a pivotal moment in ETH staking. We expect staked assets to increase as staking yields are considered the benchmark return for ETH owners. A near-term tailwind is Ethereum’s Shanghai Upgrade, which is due to be released in the first half of this year and will enable liquidity for those contributing to the network’s core infrastructure. Few teams are as well-positioned as SSV to convene the diverse and cutting-edge products and applications that are using and developing staking technology. We are excited to support those projects as a founding member of this ecosystem initiative.” According to Samantha Bohbot, VP Growth for DCG. About ssv.networks sv.network is a leader in the development of Distributed Validator Tech. DVT enables the distributed operation of Ethereum validators through a network of trustless nodes. As a core component of Ethereum’s roadmap, DVT aims to solve protocol-wide correlation and downtime risks. The network is constructed as a community-owned public good run by hundreds of nodes across the globe. The Network supports over 50 development teams building next-gen ETH staking applications. The various use cases ranging from staking services to solo stakers built on the SSV protocol will usher in the widespread usage and adoption of the DVT primitive. Contact Details MarketAcross Itai Elizur Itai@marketacross.com Company Website https://ssv.network/

January 20, 2023 05:44 AM Eastern Standard Time

Image

Arrived Homes: Have You Always Wanted To Invest In Real Estate, But Lack The Capital? This Just May Be Your Answer

Benzinga

By Johnny Rice, Benzinga Real Estates has long been regarded as one of the best investments possible. Unfortunately, the investment required in both time and money is prohibitive to many. Arrived Homes is looking to solve this by providing a platform through which investors can buy into rental properties for as little as $100. As Arrived Homes CEO Ryan Frazier puts it, “Our goal is to make the wealth building potential of owning rental homes & vacation rentals more accessible. We believe we can do that by simplifying the process, and lowering the cost to get started.” Learn more here: This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

January 19, 2023 10:00 AM Eastern Standard Time

Video

Jet Token: Your Golden Opportunity To Fly Private

Benzinga

Private air travel is one of the most incredible experiences someone can have. Everything about private aviation is better than commercial, but few people ever get the chance to experience it. Until now. Jet Token is “empowering travelers to conveniently look, book and fly any aircraft right from the palm of their hands”. The company uses blockchain technology to allow users to buy travel time, but also, critically, resell unused time. Jet Token has set out to revolutionize private aviation. You can too. Check out the company’s Regulation A+ offering here: https://www.startengine.com/offering/jettoken Learn more here: This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

January 19, 2023 10:00 AM Eastern Standard Time

Video

Digitonic Rejects Takeover Offers, Launches AI-Driven Platform for Next-Level Investor Relations

Digitonic Ltd.

This press release contains a video. If you don’t see a video, click the link. UK-based technology-driven Investor Relations (“IR”) marketing company, Digitonic, is pleased to announce plans to release a range of innovative next-generation services throughout 2023. Spearheaded by the revolutionary, AI-driven “NextGen Newswire” platform, the products will complete the Company’s full pivot into the North American financial marketing space. Digitonic’s pioneering technology has repeatedly driven record financial results since the Company’s launch in 2011. In 2021, revenues reached an all-time high of over $16 million–more than double the year before–propelled by the business’s increasing success in the IR space. Last year, Digitonic went on to receive two takeover bids from competitors as its robust performance continued amid difficult market-wide conditions. However, it ultimately rejected these offers to focus its resources on meeting the vast demand it identified among listed companies for innovative IR services that outperform in all market conditions. Co-founder and CEO Grant Fraser commented: “ Although tempting, we had 100% support from the original investors to kindly reject the offers from US and Canadian based companies and move forward with our plan to fully pivot into Investor Relations. In 2022, we focused all our internal resources on innovating the investor relations sector by building next-generation products and services that will revolutionize the way publicly-listed companies release news and engage with investors in a compliant way. We’re excited about the difference our significant investment in R&D will make to our clients. Our new services will help them achieve their shareholder goals by amplifying their news flow to a global audience of investors.” Drawing on its market-leading technological edge, Digitonic has now completed the development of a range of next-generation products. The Company is now ready to commercialize them across publicly-listed companies trading on the NYSE, Nasdaq, OTC Markets, TSX, CSE, NEO, LSE, AIM and ASX. Mr Fraser added: “Digitonic has its strongest ever sales pipeline, and we’re looking forward to demoing our new IR ideas to more of the companies that have already expressed interest in working with us as well as other strong, undervalued businesses with market caps that have declined recently due to financial market uncertainty.” Digitonic expects its services to provide it with multiple additional sources of significant recurring revenue, both in strong markets and any weaker ones that may occur in the future. The Company will re-examine a public market float as a potential source of funding for the services’ long-term growth following their launch. As well as targeting entirely new areas of the IR market, Digitonic’s new platforms complement its existing services entirely. These include ValueTheMarkets.com, which the Company has developed into a leading financial content platform reaching more than 7 million investors since it acquired the asset in 2020. Digitonic has also established itself as one of the most trusted IR marketing partners in North America for publicly-listed companies. Its proprietary data-driven SONA contextual ad platform, always-on marketing, and quality content campaigns have repeatedly enabled clients to amplify their reach to investors. Digitonic’s robust approach to compliance is one of the reasons it is now a premium provider to the OTC Markets (OTCQX: OTCM) The first new product to launch will be Digitonic’s “NextGen Newswire”–an AI-driven newswire service that distributes press releases to a global audience in an original and extremely engaging way. With NextGen Newswire, Digitonic rapidly creates engaging videos of its clients’ upcoming news flow narrated by a styled avatar using press release content. These are then distributed across the world’s most-visited financial content platforms including Bloomberg, Thomson Reuters, Factset, Dow Jones and MarketWatch, among many others. Digitonic has tested NextGen Newswire with a variety of existing clients to highly positive feedback and expects 45 listed businesses to onboard in Q1 2023. The Company is also in talks with fellow IR providers about white labeling or partnering for the launch of NextGen Newswire in territories beyond North America. To support the accommodation of strong demand for NextGen Newswire, Digitonic has secured $1 million of venture debt from Beach Point Capital. The funds will also be used to support the wider roll-out of Digitonic’s new product range throughout the year–the details of which are forthcoming. About Beach Point Capital Beach Point Capital is a multi-strategy investment manager making credit, private equity, real estate and structured product investments. As of December 31, 2022, Beach Point Capital manages $14.5 billion in AUM on behalf of sophisticated global institutional investors. The firm employs a flexible, value-oriented, and risk-controlled approach and focuses on complex and less followed opportunities. Headquartered in Santa Monica, CA, the firm also has offices in New York, London, and Dublin. About Digitonic Digitonic is a UK-based technology-driven Investor Relations (“IR”) marketing company passionate about encouraging smart investing. The Company has an enviable reputation in North America as the most trusted partner for investor relations marketing, built on solid foundations of compliance, technical innovation, and a ruthless focus on results. Digitonic specialize in helping publicly-listed companies achieve and surpass their shareholder goals in a manner that protects brand and shareholder reputation. It provides a range of IR marketing services that combine high-quality, engaging content, pioneering technology, and industry best practices to raise awareness and drive investment into a company. The Company’s services include two different types of engagement: always-on marketing and campaigns. Always-on marketing promotes investor acquisition, engagement, and retention at any time of the year, while campaigns drive short-burst activity and generate an immediate impact around great news flow. Digitonic owns ValueTheMarkets.com and is a Premium Provider to the OTC Markets. Contact Details Digitonic Ltd Grant Fraser +44 7967 302780 grant@digitonic.com Company Website https://www.digitonic.com/

January 19, 2023 09:56 AM Eastern Standard Time

Video

VINCUE HIGHLIGHTS NEXT-GEN PLATFORM AT NADA 2023

DealerCue Automotive Corp.

FOR IMMEDIATE RELEASE: DealerCue Automotive Corp., the maker of VINCUE, the unified inventory lifecycle solutions for dealers, today announced it will roll out impressive new features at the National Automobile Dealers Association (NADA) Convention. “These three new weapons will dramatically change how dealers operate in their day-to-day,” Danny Zaslavsky, Managing Partner at VINCUE and Dealer Principal at his own dealership in Kansas City explained. “Separately, each of these innovations are powerful in their own way, and combined, they’re just unstoppable in addressing critical needs for dealers to optimize their overall operations.” VINCUE Performance Managers and Data Scientists have unlocked what dealers need to gain a competitive advantage in today’s economy, and used that insight to continually enhance and create new, intelligent, capabilities - Boost, Re // Engage, and “Highest Authentic Value” Merchandising. Boost: The only automated digital advertising capability focused on promoting low-performing or dealer-specified vehicles directly to local market consumers. Boost spends less than a dollar per VDP view compared to current industry standard advertising vendors and channels, which can be three times higher or more. Boost delivers an average of a 396% lift in VDP views to low-performing inventory and an average of 435% more impressions directly to local, in-market shoppers. Re // Engage: A new tool that connects active clients in a dealers CRM (leads) to fresh inventory - putting supply in front of the demand. VINCUE works with a dealer’s CRM to identify customers that either just missed out on the vehicle of their dreams or didn’t quite get a deal put together - and matches them with fresh inventory. When VINCUE notices a car similar to the one a client missed out on has appeared in inventory, that customer is alerted via text automatically. This new capability increases sales conversion rates without the need to spend additional money on marketing. “Highest Authentic Value” Merchandising: To sell inventory at its highest authentic value, dealers have to be able to unlock and then present each and every vehicle’s unique value to its customers. VINCUE now has the tools to do just that, empowering dealers to differentiate VDPs with complete creative control. With Dynamic and teachable vehicle photo overlays, custom banners, fully programmable descriptions, and more - all underpinned by each vehicle’s build data - communicating the highest authentic value of each piece of merchandise. “VINCUE exists to improve gross profits and operational efficiency for dealers,” said Chris Hoke, VINCUE Founder, Chief Executive Officer, and Chief Technology Officer. “The VINCUE next-gen platform is the only solution that encompasses all inventory management, market pricing, private party acquisition, and digital advertising capabilities, created for dealers by dealers. It is the foundation we are built on and we are committed to keeping it that way.” Hoke concluded. In addition to the new products, VINCUE is excited to share that Zaslavsky, a highly sought after speaker and visionary, was selected by the NADA team to speak at this year’s conference. He’ll share his extensive knowledge about how dealers can compete and win in any circumstance, detailing his first-hand experience. He’ll also weigh in on the specific data dealers need to know to stay ahead of the curve. The convention, which attracts industry leaders and dealers from around the world, is considered to be the top retail automotive event of the year with an average of 10,000 dealerships, including 65% of the Top 150, represented at the conference. “I’m honored I’ve been asked to share my unique perspective on the automotive industry,” Zaslavsky said. “I’ve learned so much both in owning and operating an independent dealership while also providing leadership to VINCUE as we work together to develop, test, and deliver new capabilities dealers need to stay competitive.” NADA 2023 takes place January 26 - 29 at the Kay Bailey Hutchison Convention Center. Those interested in attending can register here. To schedule a test drive with VINCUE at NADA, reserve a time here. About VINCUE VINCUE is transforming the retail automotive software industry by providing dealers with new, innovative end-to-end inventory lifecycle management and market pricing solutions. This gives dealers access to real-time data and tools in a single system to stock smarter, increase turn, compete effectively, and above all else â maximize profits. Contact Details Chief Marketing Officer Angela Rizzo +1 913-200-3301 angelarizzo@dealercue.com Company Website https://vincue.com/

January 19, 2023 08:00 AM Eastern Standard Time

Copy Trading, Margin Trading, 100+ Assets: All Benefits Of PrimeXBT Trading Platform Explained

Benzinga

Over the years, the award-winning PrimeXBT margin trading platform has evolved into a very different venue while retaining the essential roots that helped make the platform successful in the first place. With the addition of copy trading, more than 100 different trading instruments, and several other breakthrough cryptocurrency-based products and services, it is time to review all the many benefits the PrimeXBT trading platform provides. What Is PrimeXBT? PrimeXBT is a cryptocurrency-based margin trading platform first launched in 2018 amidst the deep freeze of the crypto winter at that time. The platform immediately saw a surge in new users seeking to go short on cryptocurrencies like Bitcoin, Ethereum, and others. As the cryptocurrency market bottomed out and became stagnant, trading mostly sideways, PrimeXBT introduced traditional assets such as gold, silver, oil, the S&P 500, and a vast lineup of forex currencies. When crypto got hot again, many new and trending altcoins were also listed. Today, the platform is a dominant force in the cryptocurrency industry, able to withstand the recent market turmoil. While other platforms are falling apart and going bankrupt, PrimeXBT is winning awards like the Most Trusted Crypto-Asset Trading Platform. Why 100+ Trading Instruments Matters The natural evolution of PrimeXBT’s product lineup is an ideal example of how valuable such assets can be for crypto traders. When crypto prices are falling, long and short positions on Bitcoin, Ethereum, and other altcoins ensure capital is protected and profits are possible no matter the direction of the market. When crypto lacks momentum or its characteristic volatility, traders can access other markets that trend at different times and intensities. The fact so many uncorrelated assets exist under one roof means that traders can build a risk-averse trading portfolio. Because all trading is done using cryptocurrency-based collateral, there’s no need to sell your coins – use them for trading with leverage instead. PrimeXBT also packs built-in technical analysis software and other risk management tools to keep losses to a minimum, limit drawdowns, and take profit at critical levels. How Copy Trading Is Changing The Game The cryptocurrency market is in a depressed state, with investors too fearful of buying the dip. The confusion over the future of the cryptocurrency industry has sentiment at extremes, making trading challenging at this point in time. However, PrimeXBT copy traders have been able to earn as much as 4,000% ROI over the last year of a downtrend in financial markets. Currently, copy trading at PrimeXBT is the only place in finance to continue to rake in gains reminiscent of a cryptocurrency bull run. And best of all, followers can automatically copy the trades of the strategy managers ranked in the PrimeXBT Covesting leaderboards. Strategy managers earn a cut from each follower’s success fees, keeping these skilled traders incentivized to perform. All performance metrics are tracked transparently in the leaderboards so followers can make informed decisions about who to follow and how much capital to invest. Many Additional Ways To Make Money While margin trading, copy trading, and the more than 100 different trading instruments under one roof are primary competitive advantages for PrimeXBT, the list of features is barely getting started. For example, PrimeXBT yield accounts provide a variable return on investment through crypto staking right from within the account dashboard. APY rates can be doubled by activating COV token memberships, which improve conditions for copy traders as well. By activating an Advanced, Premium, or Elite membership, strategy managers see discounted trading fees, while the profit-share model is drastically improved for followers. Outside of the Covesting ecosystem, PrimeXBT offers an all-inclusive educational website called PrimeXBT Trading Academy, where there is a massive library of tips and trading guides. Traders can also earn themselves free starting capital with risk-free weekly trading competitions through PrimeXBT Contests. Always Stay Connected To Global Markets With PrimeXBT The entire full suite of PrimeXBT cryptocurrency-based products and services is available via the reliable desktop experience or the smartphone application for Android or iPhone. The mobile app lets users do everything from buying crypto to exchanging one crypto for another, plus manage a portfolio or copy trading positions all from the palm of their hand. PrimeXBT security is second-to-none. The platform has never been hacked, relies on a revolutionary cold storage process, and is known for its high-safety standards. In addition to the Crypto Expo Dubai award for Most Trusted Crypto-Asset Trading Platform, PrimeXBT has been honored with several other industry awards – a hallmark of a trusted platform. With profits taking a pause across crypto and other markets, PrimeXBT copy trading, margin trading, and a list of more than 100 different trading instruments make it possible to continue to make money using innovative investment and trading tools. Check out all the benefits yourself at the official PrimeXBT website today. This article was originally published on Benzinga here. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

January 19, 2023 08:00 AM Eastern Standard Time

Oasys Launches Decentralized Governance Framework to Drive Blockchain Gaming Growth

Oasys

SINGAPORE - Media OutReach - 19 January 2023 - Oasys, a gaming-optimized blockchain for gamers and developers to build on Web3, today announces the launch of its new decentralized governance framework, which will empower project stakeholders to play a leading role in determining the future of the Oasys blockchain and drive growth of the blockchain gaming ecosystem. The governance framework is an important first step for Oasys to realize its vision of being fully decentralized and autonomous blockchain gaming ecosystems. Decentralization is one of the core tenets of Oasys, and will enable the wider gaming community to participate in the decision-making process to determine the direction and development of the blockchain. Oasys will implement its governance framework in a series of strategic phases, starting in 1Q 2023 and continuing until 2Q 2024. This phased approach will gradually delegate decision-making authority to Oasys tokenholders in a democratic and transparent manner. The phased approach will also allow Oasys and its partners to address security and centralisation risks, leading to better decisions that will help enhance overall industry standards. To begin, Oasys will first appoint a “Genesis Council'', an interim decision-making entity comprised of trusted partners from both the traditional and blockchain gaming industries. The Genesis Council will oversee the strategic direction and setting of decentralization standards for Oasys. Starting in 2023, Oasys will then launch its official decision-making Council, where members will be officially appointed by the community and assigned operational roles, alongside a growing number of tokenholders. This will be an integral, final mechanism to replace the Genesis Council and delegate voting responsibilities to the public. Oasys enjoys strong institutional support from major gaming developers and publishers, many of whom have become core validators and backers, including SEGA, Square Enix, Bandai Namco, Ubisoft, WeMade, double jump.tokyo and Yield Guild Games. Since its inception, Oasys and its partners have been fully committed to enabling tokenholders to independently participate in making key decisions on its blockchain. Daiki Moriyama, Director, Oasys, said: “We are unwavering in our belief in the principles of decentralization, and democratizing decision-making for the wider gaming ecosystem. Oasys is at the forefront of setting standards for the future of gaming, and with our new governance framework, we hope to bring about mass adoption of blockchain gaming.” One of the first decisions to be deliberated by Oasys’ “Genesis Council” will be to establish NFT meta-data standardization, so as to create an optimal medium for future blockchain games and metaverses, further driving the interoperability of NFTs. About Oasys Oasys was established in February 2022 to increase mainstream play-and-earn adoption, and at launch, committed to partnering with 21 gaming and Web3 tech companies to act as validators, such as Bandai Namco Research, SEGA, Ubisoft and Yield Guild Games. Led by a team of blockchain experts and joining forces with the biggest gaming company names to serve as the initial validators, Oasys is revolutionizing the gaming industry with its Proof-of-Stake (PoS) based eco-friendly blockchain. With a focus on creating an ecosystem for gamers and developers to distribute and develop blockchain-based games, Oasys solves the problems game developers face when building games on the blockchain. The trifecta approach of the fastest network powered by the gaming community, a scalable network powered by AAA game developers and the blockchain offering the best user experience with fast transactions and zero gas fees for users, readies participants to enter the Oasys and play. More information on Oasys is available at: Website: https://www.oasys.games/ Twitter: https://twitter.com/oasys_games Discord: http://discord.gg/oasysgames Contact Details Oasys Media Contact oasys@wachsman.com

January 18, 2023 08:48 PM Eastern Standard Time

Image

Neighborhood Sun Receives $750,000 Investment From TEDCO’s Venture Funds

Neighborhood Sun

Neighborhood Sun, a tech-enabled community solar company and Certified B Corporation increasing access to renewable energy solutions, announced today receiving an investment of $750,000 from TEDCO ’s evergreen Venture Funds, which are dedicated to funding and growing the next generation of outstanding early-stage businesses in Maryland. “By connecting individuals to solar farms, Neighborhood Sun helps to provide a versatile eco-friendly energy solution to the public,” said Katherine Hill Ritchie, senior director of Venture Funds, TEDCO. “This technology solution benefits not only the individuals looking to use cleaner energy, but also the environment by creating less energy pollution, reducing the carbon footprint and creating more green jobs which, in turn, help promote a necessary transition to renewable energy.” TEDCO provides funding, resources, and connections that early-stage technology and life sciences companies need to thrive in Maryland. “We are thrilled to have the opportunity to partner with TEDCO in building a powerful Maryland-based technology company that brings the promise of solar to everyone, not just the select few,” said Gary Skulnik, Founder and CEO of Neighborhood Sun. “TEDCO’s funding will enable us to expand our service offerings and invest more in our technology platform, SunEngine ™, all while increasing our positive impact.” Neighborhood Sun, based in Silver Spring, Md., is a Certified B Corporation using its fully customizable community solar software, SunEngine ™, to provide residents, organizations, and businesses with access to the discounted renewable energy generated by local solar farms. This community solar model allows residents to support renewable energy without getting their own rooftop panel installations, eliminating typical barriers to solar access like income, location, and homeownership status. Neighborhood Sun currently manages over 170 megawatts of community solar projects on its SaaS platform, providing a combination of customer acquisition and management services in seven states plus the District of Columbia. About Neighborhood Sun Neighborhood Sun is committed to bringing the promise of solar to everyone, not just the select few. The company is a national leader in expanding solar access to underserved communities to address energy equity. Through its SunEngine ™ advanced software platform, it offers a flexible, secure and fully transparent platform for solar developers or asset owners, plus a simplified enrollment experience for customers. For more information, go to www.neighborhoodsun.solar. Contact Details Neighborhood Sun Stephanie Monmoine +1 919-451-0883 stephanie.monmoine@neighborhoodsun.solar Company Website https://neighborhoodsun.solar

January 18, 2023 11:02 AM Eastern Standard Time

1 ... 355 356 357 358 359 ... 654