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Genius Group adds Alan Turing AI Avatar to C-Suite of Avatars as it disrupts education model

Genius Group Limited

Genius Group Limited (NYSE-A:GNS) CEO Roger Hamilton discusses the company's innovative use of artificial intelligence (AI) in education with Proactive's Stephen Gunnion. Genius Group, an edtech firm, is at the forefront of integrating artificial intelligence to enhance lifelong learning. It boasts a platform supporting 6 million users ranging from children to adults in need of reskilling. The company's unique AI, "Genie," provides personalized learning pathways by initially assessing users' passions and guiding them accordingly. Recently, Genius Group expanded its AI capabilities by introducing multiple AI avatars of historical figures, such as Alan Turing, who has been named the Chief AI Officer. These AIs adopt the characteristics and knowledge of their historical counterparts to deliver tailored educational content. Hamilton highlighted Turing's role in advancing AI's integration into their platforms and shaping the future of educational strategies. He also touched upon future projects like Genius Cities, aiming to blend local culture and advanced AI to foster environments that enhance human and technological growth simultaneously. Contact Details Proactive North America Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

May 01, 2024 10:40 AM Eastern Daylight Time

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One Media iP CEO discusses robust 2023 performance and innovations in music rights management

One Media iP Group PLC

One Media iP Group PLC CEO Michael Infante takes Proactive's Stephen Gunnion through the company's 2023 financial performance, describing it as robust and in line with expectations despite a challenging global context. Infante highlighted the resilience and profitability of the business, which has maintained a focus on recurring income from music rights. The company continues to pay dividends and has successfully navigated challenges that have impacted larger firms. Infante also detailed advancements in its technical copyright analysis tool (TCAT) subsidiary, developed to detect music piracy across major platforms like Spotify and Apple Music. The software, leveraging AI, aids in combating the increasingly complex issue of music piracy. Further, Infante introduced a new desktop application called TCAT Protect, designed to help artists and labels ensure their music tracks on streaming platforms are correctly reported and compensated. This tool is set for launch by the end of May and represents a significant step forward in music rights management. Operational highlights from the year include the acquisition of the licensor's income share of the Entertain Me catalog and the renewal of their distribution deal with The Orchard. Infante also noted the industry's structural trends, mentioning the resurgence of vinyl and its impact on their business strategy. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

May 01, 2024 09:48 AM Eastern Daylight Time

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Hong Kong Authorities Approve Bitcoin and Ethereum ETF, A New Dawn For These Tokens?

Kangamoon

After the Hong Kong regulatory authority's approval of Bitcoin and Ethereum ETFs, the crypto market is set to witness a resurgence. Some of the tokens that badly need this approval are Ethereum (ETH) and Polkadot (DOT) which have slipped considerably in the wake of the bearish sentiments. For KangaMoon (KANG), the development is a good way of continuing its bullish momentum, projecting it as one of the best meme coins to buy now. KangaMoon (KANG)- An Injection of Fresh Idea KangaMoon's fresh idea is set to revolutionize the meme coin market. The platform blend of SocialFi and GameFI models projects it as the future of meme coin utility, offering a platform where participants come together for an immersive gaming experience. KangaMoon's ideas also transcend to making the platform a user-centric one. Every participant on the platform has a chance to earn significant rewards through their active participation. Players earn through weekly, monthly, and quarterly competitions. Spectators earn through predictive betting while holders get free tokens through simple social tasks. At stage 5 of the ICO campaign, KangaMoon has broken through as one of the best meme coins to buy. Its native token KANG has witnessed huge growth, rising from $0.005 at inception to $0.0196 now. With the price rising, investors have also pocketed a 290% ROI for holding on to the token. With the listings across major exchanges set to happen in Q2 2024, KangaMoon's potential ROI could be up 1000%. Although the token has proved itself in the meme coin market, keen watchers believe more are still to come. With events such as the approval of Bitcoin and Ethereum ETFs and the upcoming bull market, KangaMoon can truly serve investors with a bounce to $1. Can The Effect of Hong Kong ETF Approval Kickstart a New Dawn For Ethereum (ETH)? Ethereum (ETH), the number two crypto, has witnessed a subdued performance in recent times, losing almost $1000 of its price value within a few months. However, the recent approval of the Ethereum ETF in Hong Kong is expected to trigger a massive rally in the next few months. Even though the Ethereum token still has the US SEC to contend with, Ethereum EMA is battling hard to find support at the $3k threshold. If Ethereum's price can find support, analysts observe that it may restage its move above the key resistance level of $3500. Otherwise, a pullback to below $3k can not be ruled out. Holders Expect Polkadot (DOT) To Surge After Breaking Key Support Level Now that Polkadot (DOT) has broken out of the support level of $6.5, the token may be set for an extended spell with a bullish sentiment. From the trading outlook, the Polkadot token is moving next into the 100-day EMA located at $8.1 and the Fibonacci retracement level situated at $8. This audacious jump by Polkadot may be due to the recent massive adoption of the Polkadot network by many projects. Projects such as Moonsong Labs, Origin Trail, and Neuro Web AI have all embraced Polkadot silky blockchain as their preferred network to drive their platform growth. Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today! Website: https://KangaMoon.com/ Join Our Telegram Community: https://t.me/KangaMoonofficial Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards. Disclaimer: The following disclaimer is important to read and understand before engaging with Kangamoon, a play-to-earn meme coin. By accessing or participating in any activities related to Kangamoon, you acknowledge and accept the terms outlined below: 1 No Financial Advice: This whitepaper and any associated content do not constitute financial advice, investment recommendations, or solicitation to purchase Kangamoon tokens. The information provided is for informational purposes only. It is your responsibility to conduct thorough research and seek professional advice before making any financial decisions. 2 Volatility and Risks: Cryptocurrencies, including Kangamoon, are volatile and subject to significant price fluctuations. Investing in or holding Kangamoon tokens involves substantial risks, including the possibility of total loss. Past performance is not indicative of future results. 3 Regulatory Compliance: The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Kangamoon. 4 Uncertain Market: The market for meme coins and play-to-earn platforms is highly speculative and subject to rapid changes. There is no guarantee of market demand, liquidity, or utility for Kangamoon tokens. Token values may fluctuate drastically and may not reflect the intrinsic value of the project. By continuing to engage with Kangamoon, you acknowledge and accept the risks and limitations outlined in this disclaimer. You should only participate if you fully understand and are willing to assume these risks. Contact Details Kangamoon marketing@kangamoon.com Company Website https://kangamoon.com/

May 01, 2024 05:27 AM Central Daylight Time

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Franklin Templeton Launches Money Market Fund on Polygon; Why Are Tron and KangaMoon Surging?

Kangamoon

Franklin Templeton recently created a money-market fund on the Polygon (MATIC) blockchain, which indicates that institutions are becoming more interested in DeFi. Meanwhile, Tron (TRX) and KangaMoon (KANG) are the best cryptos to buy. Analysts hint that KANG, a Stage 5 presale star, may become a $0.5 crypto in 2024. The Polygon Crypto May Soar After Franklin Templeton Announcement Franklin Templeton has revealed that the Franklin OnChain U.S. Government Money Fund (FOBXX) will be integrated into the Polygon (MATIC) blockchain. This is a significant step for the first-ever U.S.-registered mutual fund, which now uses public blockchains to perform transactions. Meanwhile, the Polygon coin has been riding a bullish wave. Over the last week alone, the Polygon crypto value rose from $0.67 to $0.70. During that time, the Polygon market cap increased from $6.88B to $6.97B. This crypto is trading above its 200-day EMA, so experts have made a bullish Polygon price prediction. They foresee growth to $1.10 within Q2 of 2024. Tron (TRX): Another Good Crypto To Buy Tron (TRX) is another token making waves in this market. Over the last seven days, the Tron price soared from $0.11 to $0.12. The Tron market cap surged from $9.60B to $10.46B in that period. Additionally, Messari reports that Tron had positive growth in many sectors in Q1 of 2024. For example, the USDT on TRON reached $50B. In addition, there are now 25 technical indicators for the Tron coin in the green. Because of this, market analysts remain bullish on this crypto. In their Tron price predictions, they forecast a rise to $0.17 before Q2 of 2024 ends. KangaMoon (KANG): The Best New Crypto To Invest In Global traders are also gravitating to KangaMoon (KANG), a rising presale sensation. This presale has raised over $5.8M so far and is expected to reach $6M by the end of April 2024. The community has over 20K registered members and 6K KANG holders, showing strong involvement. Recently, KangaMoon announced a major partnership with RiotSharks, bringing thrilling raids and a $1K monthly reward pool. This development has only increased the level of attention that KangaMoon is getting. Essentially, KangaMoon will launch a P2E game where KANG will be used to buy in-game items and upgrade characters. What makes KangaMoon unique is its focus on giving back to its community. For example, KangaMoon rewards the most active community members with free KANG tokens before its launch. Therefore, countless individuals are now rushing to like and share KangaMoon's social media posts. Currently, one KANG costs just $0.0196 in Stage 5 of its presale - a 290% pump from its starting price of $0.005. However, since it has ties to the P2E gaming market, which may reach $885M by 2028, its long-term growth potential is stellar. Experts foresee a rise to $0.5 once a Tier-1 CEX lists KANG in Q2 of 2024. This makes KANG the top crypto to invest in. Can KangaMoon Outpace Polygon and Tron? KangaMoon possesses a major advantage over Polygon and Tron—a low market cap of $19.6M. This means that KANG will surge much faster, as it needs fewer new funds for its price to rise. Therefore, KANG is the best new crypto to invest in. Sign up for its presale now and get a 10% bonus. Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today! Website: https://Kangamoon.com/ Join Our Telegram Community: https://t.me/Kangamoonofficial Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards. Contact Details Kangamoon marketing@kangamoon.com Company Website https://kangamoon.com/

May 01, 2024 02:43 AM Central Daylight Time

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NowSecure Unveils First Automated OWASP MASVS v2.1 Mobile App Security and New Privacy Testing

NowSecure

NowSecure, the leader in mobile security and privacy testing, today raised the level of protection available to safeguard enterprise mobile app portfolios with the industry’s first automated solution for the OWASP Mobile Application Security Verification Standard (MASVS) version 2.1. Available from within NowSecure Platform, customers can comprehensively test to the MASVS v2.1 industry standard easily demonstrating to stakeholders that their mobile apps uphold the highest levels of security and user privacy. The OWASP MASVS v2.1 serves as the global standard for mobile application security and defines a set of requirements and best practices for secure mobile app development. It includes a new category supported by the NowSecure Platform, MASVS-PRIVACY. These controls provide mobile app development and security teams with much-needed visibility into the privacy implications of their mobile apps to meet app store requirements and meet the challenge of the intensifying scrutiny of the U.S. Federal Trade Commission (FTC). "With the new privacy category, we're now able to address cases not covered by traditional security testing,” said Carlos Holguera, OWASP MAS project lead and senior mobile security research engineer for NowSecure. “The support inside NowSecure Platform is critical for our customers." While data security focuses on protecting data from unauthorized access, privacy focuses on the rights of users regarding data collection, processing, storage and sharing. For example, imagine that an app transmits encrypted data securely, but that data contains highly sensitive personal information that’s sent to outside parties without user consent. The new privacy controls ensure this and other privacy failures are prevented, Holguera explained. The new OWASP-MASVS v2.1 controls featured in NowSecure Platform include: MASVS-PRIVACY-1: Minimizes access to sensitive data and resources MASVS-PRIVACY-2: Prevents user identification MASVS-PRIVACY-3: Ensures/promotes transparency in data collection and usage MASVS-PRIVACY-4: Provides user control over personal data As an OWASP MAS Advocate and industry leader, NowSecure has extensively contributed to the OWASP Mobile Application Security Project (MAS) and championed creation of OWASP MASVS-PRIVACY. "This new category is the result of extensive expert-driven research across the industry. It aligns with, and goes beyond the shift toward protecting user privacy started by Apple and Google,” said Holguera. Security and privacy go hand in hand in new OWASP MASVS findings and report in NowSecure Platform and the NowSecure OWASP MASVS Pen Testing Service leverage best-in-class test automation and expertise to ensure that your app remains fully compliant across all eight MASVS domains: MASVS-STORAGE MASVS-CRYPTO MASVS-AUTH MASVS-NETWORK MASVS-PLATFORM MASVS-CODE MASVS-RESILIENCE MASVS-PRIVACY NowSecure recently published a benchmark report revealing 95% of mobile apps fail to meet the OWASP MASVS v1.0 standard and released a guide on common secure coding mistakes, helping developers bridge the gap and enhance their security practices. The NowSecure Platform OWASP MASVS report delivers a concise view of passed and unmet requirements and indicates if a requirement needs manual review. Mobile app security, development and GRC teams can consult the report to quickly identify areas of improvement for their mobile app testing programs. Once the app meets the MASVS v2.1 requirements, NowSecure Platform can also generate a letter of attestation to demonstrate that the app is secure and respects user privacy. The new OWASP MASVS report will be available to NowSecure Platform customers, allowing them to incorporate the latest advancements in mobile app security and privacy testing within their development workflows. To experience NowSecure Platform and benchmark your mobile apps against the OWASP MASVS, request a demo today. About NowSecure As recognized experts in mobile security and privacy, NowSecure protects the global mobile app economy and safeguards the data of millions of mobile app users. Built on a foundation of standards, NowSecure empowers the world’s most demanding organizations with security automation to release and monetize 30% faster, reduce testing and delivery costs by 30% and reduce appsec risk by 40%. Only NowSecure offers a full solution suite of continuous security testing for DevSecOps, mobile app supply-chain monitoring, expert mobile pen testing as a Service (PTaaS), and training courseware. NowSecure actively contributes and supports the mobile security open-source community, standards and certification including OWASP MASVS, ADA MASA, and NIAP, and is recognized by IDC, Gartner, Deloitte Fast 500, and TAG Cyber. Contact Details Jon Brody press@nowsecure.com Company Website https://www.nowsecure.com/

April 30, 2024 01:30 PM Eastern Daylight Time

3 Penny Cryptos With Massive Potential in 2024: Dogecoin, Hedera, and Raboo

Total Media

As the crypto landscape continues to evolve post-Bitcoin halving, investors are keenly scouting for opportunities that promise high returns without the hefty investment. Penny cryptos, known for their affordability and moonshot potential for substantial gains, are attracting attention. In 2024, three such cryptos — Dogecoin, Hedera, and Raboo — look set to make significant impacts. Among these, Raboo stands out not only for its price, but also for its innovative approach and growing community support. Dogecoin: The popular favourite Dogecoin, the original meme coin, remains a favourite among investors for its viral appeal and robust community. Despite its origins as a joke, Dogecoin has seen substantial real-world application and adoption by retailers and even fundraisers. While Dogecoin’s price often benefits from social media hype and celebrity endorsements, it maintains a resilience that could see new heights in this current market phase, especially with growing mainstream acceptance. Hedera: The enterprise mover Hedera has carved a niche for itself with its highly efficient hashgraph technology, setting it apart from typical blockchain models. Known for its low fees and high-speed transactions, Hedera appeals to enterprise clients looking to integrate blockchain solutions without the environmental cost associated with traditional models. As businesses continue to prioritize sustainability, Hedera’s practical applications in the real world could lead to increased demand and higher token valuation. Raboo: The Innovative Challenger Raboo is swiftly climbing the ranks as a noteworthy contender in the penny crypto space. This AI-backed meme coin distinguishes itself through technological innovation — leveraging artificial intelligence to scan, analyze, and propagate only the highest quality memes, ensuring viral potential and engagement. With a third stage price of just $0.0042 and predictions of a 100x return, Raboo’s presale phase has already attracted massive levels of attention. The token’s structure promises not only profitability but also active community involvement and rewards, which could solidify its place as a staple in the portfolios of both meme coin enthusiasts and serious investors. Investment potential and market trends The investment appeal of penny cryptos like Dogecoin, Hedera, and Raboo lies in their low entry cost and potential for moonshot returns. For Dogecoin, its enduring popularity and increasing integration into payment systems provide a stable growth outlook. Hedera’s appeal lies in its revolutionary tech and green credentials, which are likely to attract institutional investors as the market shifts towards sustainability. Raboo, however, offers a unique proposition by combining the virality of meme coins with sophisticated AI technology, making it the top investment for those looking to capitalize on quick gains while engaging in a vibrant, interactive community. With its strategic marketing and solid tokenomics, Raboo is not just another meme coin but a potential market mover in 2024. As the crypto market continues to mature, the penny cryptos segment presents exciting opportunities for investors willing to explore less traditional paths. Dogecoin, Hedera, and Raboo each offer unique attributes that could lead to substantial returns. Particularly, Raboo, with its innovative use of AI in the crypto market, is set to not just participate but potentially lead the next wave of crypto trends. For those looking to diversify into dynamic and potentially lucrative realms of the crypto world, these three penny cryptos present compelling cases for consideration. You can participate in the Raboo presale here. Contact Details Total Media Solutions media@Totalsolutionspr.io

April 30, 2024 09:00 AM Eastern Daylight Time

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ToolsGroup Recognized in the 2024 Gartner® Magic Quadrant™ for Supply Chain Planning Solutions

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to announce that it has been recognized in the 2024 Gartner Magic Quadrant for Supply Chain Planning Solutions. Gartner Magic Quadrant research methodology provides a graphical competitive positioning of four types of technology providers in fast-growing markets: Leaders, Visionaries, Niche Players and Challengers. In the 2024 report, Gartner recognized ToolsGroup for its “ability to execute and completeness of vision.” ToolsGroup’s software solutions offer retailers, distributors and manufacturers a comprehensive set of capabilities that enhance the resilience and performance of their operations. Through a unique probabilistic planning approach that leverages AI and real-time enterprise data, ToolsGroup enables decision-making at the pace of modern business. These capabilities include proactive risk monitoring for anticipating and managing uncertainties, as well as advanced probabilistic techniques for precise demand and supply planning. Timely detection of supply chain events is also ensured through adept data latency handling, facilitating swift re-optimization. “We are honored to be once again recognized in the Gartner Magic Quadrant for Supply Chain Planning Solutions,” said ToolsGroup CEO, Inna Kuznetsova. “We believe this recognition reflects our continuous efforts to drive supply chain efficiencies for our customers around the globe, making supply chain a force for good. Proud of the powerful results we deliver to our customers, we are committed to continued innovation as we expand the use of AI and decision-centric planning across the platform.” Get a complimentary copy of the Gartner Magic Quadrant for Supply Chain Planning Solutions here. This recognition in the Gartner Magic Quadrant follows ToolsGroup’s other recent recognitions in the Gartner® Peer Insights™ Voice of the Customer: Supply Chain Planning Solutions and as a Notable Vendor in the 2023 Mid-Market Context Magic Quadrant™ for Supply Chain Planning Solutions. Read more about these reports and download a copy. Join ToolsGroup at the Gartner conference in Orlando ToolsGroup is exhibiting at the Gartner Supply Chain Symposium in Orlando, FL May 6-8. Attendees looking to experience the latest AI-based solutions should visit Booth #817 in the Planning Village. Book a meeting with our experts today! Chris Gonzales, Vice President, Operations & Supply Chain Shelter Solutions at Cornerstone Building Brands, one of ToolsGroup’s leading customers, will present on May 6 at 4:35 pm in the Supply Chain Expo, Stage 3 - Pacific Hall, discussing how a fast growing U.S. exterior building products company is leveraging digital supply chain technology from ToolsGroup and partner River Logic to unlock value as it embarks on a fast-paced growth journey with an aggressive acquisition strategy. Gartner Disclaimer: GARTNER is a registered trademark and service mark of Gartner and Magic Quadrant and Peer Insights are a registered trademark, of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved. Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences with the vendors listed on the platform, should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. About the Gartner Supply Chain Symposium/Xpo CSCOs and supply chain leaders are continuously confronted with increasingly complex challenges and are expected to outperform and overdeliver. Top supply chain organizations navigate through the turbulence by solving present-day issues and positioning themselves for long-term success. The Gartner Supply Chain Symposium/Xpo™ 2024 conference offers pragmatic advice and future-focused insight for supply chains to deliver now and in the future. Network with 3,000+ peers and vet new technologies at our Exhibit Showcase. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and SUPPLY CHAIN SYMPOSIUM/XPO is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision-making and unlock powerful business improvements in forecast accuracy, service levels and inventory – delighting customers and achieving financial and sustainability KPIs.. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

April 30, 2024 09:00 AM Eastern Daylight Time

EcoAi Coin: A Sustainable Digital Token For A Greener Planet

Benzinga

By Austin DeNoce, Benzinga Environmental sustainability is a topic garnering more and more attention (and concern), which leaves innovative approaches to fostering greener, more sustainable practices highly valued. The ECOAI Coin initiative is one such innovation, creating an economic system designed to reward individuals and organizations for their sustainable actions. This digital token aims to build a symbiotic relationship between ecology and economy by incentivizing positive environmental behaviors. How The ECOAI Coin Works The ECOAI Coin operates on a simple yet effective principle: perform sustainable actions, earn ECOAI Coins. These actions can range from cycling to work, choosing meat-free meals, recycling or even attending educational workshops on sustainability. Each action is verified through a tailored web-based app and earns participants ECOAI Coins, which are stored in a digital wallet. However, the appeal of ECOAI Coin doesn't just stop at earning; it extends to spending. The ECOAI Coin marketplace offers a diverse range of products and services that embody sustainability. Participants can use their coins to access circular products (items kept in the economy without using new virgin resources), eco-friendly experiences or even rent a Tesla (NASDAQ: TSLA) for the weekend. The marketplace not only provides an avenue to spend earned coins but also encourages a continuous engagement with sustainable practices by offering discounts on environmentally friendly items and services. The ECOAI Coin Marketplace And Incentives The ECOAI Coin initiative creates a robust marketplace and serves as a hub for the circular economy, promoting the reuse and recycling of resources as opposed to the make-consume-throw away model generally practiced today. It includes exclusive content, upcycled products like water bottles and opportunities to engage in eco-friendly activities such as attending music festivals with a green agenda. The system incentivizes individuals by making sustainable choices rewarding but also assists organizations and municipalities in reducing environmental footprints. By integrating the ECOAI Coin into daily activities and corporate operations, a broader adoption of green practices is encouraged, thereby fostering a culture of sustainability within communities. The ECO Award Annually, the ECOAI Coin initiative goes a step further to recognize and honor those who have made significant contributions to sustainability through the ECOAI Award. This accolade celebrates individuals and projects that have shown exceptional dedication to enhancing our planet’s health. Past recipients include innovators like Yoyo Yogasmana, who shared sustainable farming techniques in Indonesia, and Dave Hakkens, known for his development of open-source recycling machines. The criteria for this award focus on community-driven projects that blend nature with technology and broadly share that knowledge, reinforcing the initiative's mission to collectively create a more sustainable world. The Future Of ECOAI Coin The ECOAI Coin initiative represents a promising shift toward integrating sustainability into the economic systems that drive daily life. By rewarding eco-friendly choices with a digital currency that can be spent on sustainable goods and services, it can potentially contribute to closing the gap between ecological responsibility and economic incentive. As the ECOAI Coin continues to evolve, its potential to expand and adapt to various community goals offers a scalable solution to one of the most pressing issues of our time: how to sustain our planet for future generations. Through its innovative approach, the ECOAI Coin sets a precedent for how money can contribute positively to the world, encouraging us all to take part in the movement for a greener earth. Featured photo by micheile henderson on Unsplash. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

April 30, 2024 08:45 AM Eastern Daylight Time

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Marti’s Ride-Hailing Service In Growth Mode, Reaches 788,000 Riders And Over 145,000 Registered Drivers – Company Revises June Target Upwards

Benzinga

By Meg Flippin, Benzinga Marti Technologies, Inc. (NYSE: MRT), the leading urban mobility app in Türkiye, hit a major milestone earlier this month with more than 788,000 unique riders and over 145,000 registered drivers using its ride hailing service. Marti’s ride hailing service connects riders with drivers of cars, motorcycles, and taxis. Since the end of December, ridership has soared 58% while the number of drivers increased 36%. By June 30, 2024, Marti expects to grow even more and has increased its target from 850,000 unique riders to 900,000 while maintaining a target of 155,000 registered drivers. “The fast growth in both the rider and driver sides of Marti’s ride-hailing marketplace demonstrates the strong need for the service across Türkiye,” Marti said when announcing the growth in riders and drivers. “The service intends to provide readily available, safe and affordable rides for riders, while providing economic opportunities for drivers across the income spectrum.” Demand For Alternatives The ride-hailing market is taking off in Türkiye as consumers look for a convenient and affordable alternative to taxis. It's also being driven by local players like Marti who are gaining market share because they understand the unique needs and requirements of Turkish clients, such as accepting cash payments. Marti currently does not enable online payment for the service over its app or charge a fee for the service. A large portion of the Turkish population lives in congested cities and seeks ways to alleviate traffic jams and pollution. Ride-hailing services like Marti are seen as a way to combat that, and provide an easy way to navigate the cities. As a result, the ride-hailing market in Türkiye is expected to grow at a CAGR of 9.7% between now and 2028. McKinsey & Company estimates the potential size of the Turkish ride-hailing market in 2030 at $15 billion to $20 billion. Leader In The Making? Recognizing that unmet need to help people in Türkiye get around, in 2019 Marti launched its super app and in less than five years has morphed into a leader in the marketplace. Not only does it match riders with cars, but it also has motorcycle-hailing and taxi-hailing services, and operates a large fleet of rental e-mopeds, e-bikes and e-scooters. All of Marti’s offerings are serviced by proprietary software systems and IoT infrastructure. Another claim to fame for this up-and-coming company is its New York Stock Exchange (NYSE) American stock listing, which Marti accomplished this past summer. It is relatively rare for a Turkish company to debut on a U.S. stock exchange, but Marti did exactly that after merging with Galata Acquisition Corp in July 2023 to become the first company from Türkiye to list directly on the NYSE. What sets Marti apart from other ride-hailing services and traditional taxis is its concentration throughout Türkiye, and in particular in Istanbul. With an unofficial population of over 20 million people, Istanbul is the largest city in Europe; bigger than cities like London, Paris, and Berlin. Of the company’s 145,000 registered drivers, more than 122,000 are in Istanbul. That compares to just 19,845 taxis operating in the city. That equates to 6.2 times more registered drivers than taxis serving the city. With widespread coverage across Istanbul, it's not hard to see why Marti is so popular. The company also says it takes care of driver safety, with Marti’s drivers undergoing formal background checks before acceptance into the service. Marti reports that the average rating of its ride-hailing drivers is 4.8 out of 5 stars. The ride-hailing market in Türkiye seems to be taking off thanks to companies like Marti, which saw a need and met it. With operations across Türkiye, Marti is in growth mode, with more of that expected in the months to come. Featured photo by Osman Köycü on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored 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

April 30, 2024 08:20 AM Eastern Daylight Time

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