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ESA Names Aubrey Quinn as SVP, Communications & Public Affairs

The Entertainment Software Association

The Entertainment Software Association (ESA) today announced that Aubrey Quinn has joined the ESA as Senior Vice President, Communications & Public Affairs, reporting to President and CEO Stanley Pierre-Louis. Quinn will be responsible for leading the trade association’s integrated communications efforts to showcase the video game industry’s growing impact on people, culture and the economy. “We could not be more excited about harnessing Aubrey’s expertise, vision and energy to amplify the positive impact of video games in society and in our daily lives,” Pierre-Louis said. “Aubrey’s experience will be invaluable in helping consumers and policymakers alike understand the pivotal role video games play as the leading form of entertainment today.” Quinn joins the ESA with nearly 20 years of communications and public affairs experience. Most recently, she served as Partner & Chief Operating Officer at Clyde Group, during which she provided strategic counsel to the ESA as an agency partner. Her earlier career included roles at boutique agencies and at organizations such as Children’s Miracle Network Hospitals, where she helped introduce the national campaign for Extra Life. She serves on the board of Generation Hope, a non-profit organization that seeks to ensure teen and student parents can experience economic mobility through educational opportunities. Quinn is also the recipient of several prominent industry awards, including the Ragan's Top Women in Communications award, the PRovoke Innovator 25 list, Washington Business Journal's 40 under 40 and PRNews’ Top Women in PR. “The video game industry is leading the world in innovative and interactive entertainment, while solidifying its role as a force for social good, economic growth and development,” Quinn said. “We will continue telling the stories of the creatives, designers, developers and others who — through their incredible work and new game experiences — are helping to elevate the role of play in the way we engage and interact with one another.” This news comes as the video game player community continues to expand. The ESA’s 2022 Essential Facts About the Video Game Industry report, released earlier this year, found that 97% of all Americans value the benefits of video games. More than 65% of Americans play video games — which translates to more than 215.5 million players from all walks of life. For more information on the ESA’s policy priorities and how the video game industry is driving economic opportunity, visit https://www.theesa.com/. About the ESA The Entertainment Software Association (ESA) serves as the voice and advocate for the U.S. video game industry. Its members are the innovators, creators, publishers and business leaders that are reimagining entertainment and transforming how we interact, learn, connect and play. The ESA works to expand and protect the dynamic marketplace for video games through innovative and engaging initiatives that showcase the positive impact of video games on people, culture and the economy. For more information, visit the ESA’s website or follow the ESA on Twitter @theESA. Contact Details Karen Elliott +1 202-223-2400 kelliott@theESA.com Company Website https://www.theesa.com/

November 15, 2022 09:00 AM Eastern Standard Time

Ink Finance And Its Strategic Partners Look To Help Reshape Industries With The All-In-One Financial SaaS On Web3

Ink Finance

Ink Finance, a multichain financial governance protocol for decentralized autonomous organizations (DAOs), has forged partnerships across the decentralized finance (DeFi) space and metaverse in an effort to leverage its unique financial management tools to improve the transparency, security, and compliance of DAOs running their financial operations on blockchains. These long-term partnerships have helped grow Ink Finance’s user base, expand the use cases, and build communities. Following are some of the ways its partners use the INK webapp’s modular toolset to manage their respective businesses. Cross Border Trade Finance In April, Ink Finance partnered with Polytrade ($TRADE), a cross-border trade finance platform where small and mid-sized enterprises can access fast, low-interest financing from crypto lenders. Polytrade adopted INK as its governance infrastructure, using it to build a DAO framework that protects its lenders, making risk management transparent and enabling lenders to actively engage in decision-making and shaping the platform. “[INK] provides the best coverage in terms of financial and fiscal duties, and its comprehensive and rigorous risk-management facilities reflect a true understanding of supply chain finance issues,” Polytrade Founder Piyush Gupta said in an interview. Semi-fungible Structured Products For Raising Capital An early investor and close partner of Ink Finance, Solv Protocol ($SOLV) collaborated with the DAO governance developer to scale its financial instruments marketplace. Already the largest decentralized marketplace for vouchers — a semi-fungible token (SFT) that represents financial equities — Solv was able to leverage INK’s financial governance mechanisms and asset-management tools to enable more DAOs to issue bespoke financial instruments that can be traded in the Solv marketplace. Going forward, INK could include Solv’s unique vesting and bond vouchers in its product module to give users more ready-to-use financial tools as they grow their ecosystems with DeFi. Vesting vouchers, which represent token allocations, would allow those DAOs to raise funds via initial voucher offerings without having to list their tokens on exchanges, where volatility could impact the token price. Bond vouchers allow DAOs to issue flexible-collateral bonds to raise funds. It’s a more flexible alternative to other DeFi debt financing options, like over-collateralized loans, for DAOs that need low-cost, sustainable liquidity. An STO Solution for Carbon Credit Financing Carbon credit is a new form of financial asset that allows businesses and countries to buy and sell carbon emission quotas on a global stage. Companies or countries that reduce emissions below their permit allowance can sell the excess as credits to entities that exceeded their permits. Along the line of asset origination and custodian services, many entities can be threaded together in collaboration to financialize such a new form of critical economic resource, DAOs and tokenization naturally come into play to solve the liquidity problems and help this very nascent industry get off the ground. Ink Finance is partnering with Draper Dragon (a global digital asset manager), DigiFT (a regulated trading platform for security tokens), and HKbitEx (a Hong Kong-based digital asset exchange for spot trading) to do just that. Robust Treasury Management For NFT-Rich Gaming & Metaverse Organizations Mirror World, a blockchain-based gaming platform spanning genres, allows players to earn tokens for defeating enemies or winning matches in any of the platform’s games. Right now, those are limited to in-game assets like equipment or items. But soon, the platform will offer the Mirror World Matrix Token ($MWM). In addition to serving as an in-game currency, MWM tokens offer economic incentives to game developers and have both in-game and out-of-game governance value, giving token holders the ability to participate in shaping the gaming ecosystem. Its partnership with Ink Finance has been instrumental in helping Mirror World develop and implement the DAO governance, treasury management and financial tools needed to create this multifunctional token. Ink Finance is a DAO governance toolset, enabling all kinds of ecosystems to establish governance economy, manage internal finance, and connect with DeFi investors everywhere, through a no-code user experience. As a Financial SaaS built on blockchain, Ink Finance has the most comprehensive financial engineering tools to support on-chain issuance, settlement, clearing, and analysis of Non-Fungible Financial Products.Ink Finance is backed by heavy weight eco builders such as Republic Crypto and DeFi Alliance, partnered with cutting-edge solution providers such as Humanode, Astra, SolvFinance, Polytrade and deBridge, etc. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Camille Zhang camille.zhang@ufit.live

November 15, 2022 08:15 AM Eastern Standard Time

Passwordless Is All The Rage — But There Are Considerations To Be Made

BIO-key International, Inc.

It has long been known that passwords are vulnerable to hacking. Organizations around the world have acknowledged this risk over the years by introducing more stringent controls around password security and by creating awareness among their staff. Despite the rising awareness of the risks associated with weak passwords, data breaches have revealed that not enough attention is paid to the creation of secure passwords –- the most popular passwords around the world are still passwords like “password” and “123456.” According to Microsoft Corp. (NASDAQ: MSFT), 579 attacks to hack a password occur every second, which adds up to a monumental 18 billion attacks per year. But many common practices for making passwords stronger through complex requirements like including symbols, case sensitivity, and disallowing previous passwords only make it harder on users. Passwords become incredibly inconvenient to create, remember and manage across the various accounts a person owns. Because using passwords can create a poor user experience, many people often end up ignoring even basic password protocols – leaving themselves and their organizations defenseless against phishing schemes, brute-force attacks, and other tactics cybercriminals use to hack passwords. Is Passwordless Authentication The Solution? An ideal scenario seemingly might be one where no passwords are required, and several alternative options have emerged for the passwordless authentication of users. While many people and companies focus on the convenience of going passwordless, the security considerations of passwordless authentication are often overlooked. The most commonly used passwordless authentication methods focus on replacing the password as a single method, or as one of the methods used for multi-factor authentication. Authentication methods that are most commonly used are either possession factors, which require the person to use a smartphone or hardware token, or device-based biometrics, such as Apple Touch ID or Windows Hello. These options present their own challenges. Possession factors, such as smartphones or hardware tokens can be stolen, shared, lost, or damaged, resulting in users being locked out or allowing unauthorized access. And the costs and investment in purchasing multiple tokens or separate mobile devices with data plans for staff could be very high for large organizations. Not to mention there are large portions of people who do not have access to a smartphone. Finally, there are scenarios that make these factors implausible to use. For example, manufacturing floors, contact centers, banking locations, and others have people working who need to authenticate but where it may not be safe or practical for them to carry an additional device. Identity-Bound Biometrics Removes the Need for Phones and Tokens One method of passwordless authentication that could effectively address these challenges is the use of I dentity-Bound Biometrics (IBB) for access management, which is offered by cyber security companies like BIO-key International Inc. (NASDAQ: BKYI). Identity-bound biometrics creates a centralized unique biometric identity that can be used to verify a person anywhere. Some of the most common identity-bound biometric authentication methods are fingerprint scans, palm scans, face scans, iris scans, and voice recognition. Passwordless authentication with IBB can be as simple as the scan of a finger at any device in any location, making it a safe, efficient, cost-effective, and secure option for a range of common use cases, including shared workstations, remote access, and scenarios where mobile devices are not permitted such as manufacturing floors and contact centers as mentioned previously. BIO-key says its IBB process centrally stores biometric data in a nonreversible way to create a unique biometric identity for each user to verify the person taking action, which serves to establish trust and accountability based on a person's biometric identity. The benefits of using IBB include: Positively identifying the user intended to gain access Auditability of activities through a log that records all logins and tracks users' system access Ease of use with a quick and easy user experience requiring only single-touch authentication for a passwordless login Reduced overall cost by installing just one fingerprint scanner per desktop as a one-time investment as opposed to multiple tokens or mobile devices IBB is part of BIO-key's unified identity and access-management platform PortalGuard, which provides a range of authentication methods as part of its robust multi-factor authentication, as well as single sign-on and self-service password reset capabilities. PortalGuard is the only platform on the market that offers all these business-critical solutions using identity-bound biometrics as a key differentiator when it comes to implementing stronger authentication, according to Bio-key. To learn more about BIO-key’s IBB passwordless authentication products visit its website. BIO-key is revolutionizing authentication and cybersecurity with biometric-centric, multi-factor identity and access management (IAM) software managing millions of users. Its cloud-based PortalGuard IAM solution provides cost-effective, easy to deploy, convenient and secure access to devices, information, applications, and high-value transactions. BIO-key's patented software and hardware solutions, with industry-leading Identity-Bound Biometric (IBB) capabilities, enable large-scale Identity-as-a-Service (IDaaS) solutions, as well as customized on premises solutions. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Catalyst IR- William Jones, David Collins +1 212-924-9800 BKYI@catalyst-ir.com Company Website https://www.bio-key.com/

November 15, 2022 08:00 AM Eastern Standard Time

6WIND Hits Major Milestones with Q3 Customer WINS Globally

6WIND

6WIND, a leading high-performance virtualized & cloud-native networking software company today announced that they have hit their Q3 targets by acquiring major customer wins worldwide. 6WIND is proud to have acquired major Tier 1 Service Providers in Europe, APAC and Americas in the quarter ending Oct 2022. 6WIND deliver high-performance and secure Virtual Service Router (VSR) Software Solutions, which are deployed bare-metal, virtualized, or containerized on COTS servers in private and public clouds. The 6WIND VSR Software Solutions help reduce the carbon footprint by lowering the energy consumption by more than 50%. This is done cost-effectively without sacrificing performance by drastically reducing the hardware servers required by the networks to deliver their services. The 6WIND VSR Product Suite; vPE, vCSR, vSecGW, vCGNAT, vBR & vCPE, have proven their energy saving capabilities and their impact on reducing the carbon footprint. These solutions deliver high performance, sustainability, security, scalability, flexibility, openness, efficiency and agility, to global CSPs, MNOs, Cloud Providers, Data Centers and Enterprises. These are deployed PNF, VNF, CNF, or cloud-native on COTS servers in private and public clouds. “This quarter has been exceptional for us as a company globally. Our solutions have seen high traction amongst major Tier 1 CSPs and MNOs in Europe, APAC and the Americas. Our customers are all very keen to accelerate their network virtualization and cloud-native journey to meet their efficiency and sustainability goals,” commented Julien Dahan, CEO, of 6WIND. He continued by stating, “They chose 6WIND amid huge competition from all vendors including Tier 1 vendors in the networking space, this is truly a huge WIN for us as we have proven our leading innovative, virtualized & cloud-native networking solutions to be the best in the market!” About 6WIND 6WIND is a Green Tech Virtualized & Cloud-Native networking software company and the worldwide leader for Virtual Service Router software solutions. 6WIND software is deployed globally by CSPs, MNOs, Cloud Providers, Data Centers & Enterprises, allowing them to replace expensive hardware & build their new 5G networks with virtualized networking software solutions for routing and security use cases. 6WIND has a global presence with Headquarters based in Paris - France, Santa Clara, CA - USA, and Singapore. Contact Details 6WIND Neelam Bahal, VP Global Marketing +44 7805 090701 neelam.bahal@6wind.com Company Website https://www.6wind.com

November 15, 2022 08:00 AM Eastern Standard Time

GETIR GOES BANANAS CELEBRTATING ONE YEAR U.S. ANNIVERSARY!

Getir

Getir, the pioneer of ultrafast grocery delivery, celebrates one year of launching in the United States in Chicago, New York, and Boston. Through its revolutionary last-mile grocery delivery service, the Getir app has been opened in the U.S. more than 40 million times, saving users over 700,000 hours. To celebrate, bananas, the most popular selling product on the U.S. app, are available for nine cents. According to data from the U.S. Bureau of Labor Statistics, the average cost of bananas is $0.64 per pound, approximately $0.21 each. “We are excited to be celebrating our one year anniversary in the United States. We are proud of this accomplishment and all of our teams who have made this first year in the United States successful,” said Langston Dugger, Head of US Operations. “American customers enjoy the convenience and reliability of our service and variety of our products.” A bunch of stats: Top Ten Selling Products Top Neighborhoods Chicago – River North Boston – Brookline New York – Lower East Side Distance Traveled Getir has fulfilled orders by traveling over 1.4 million zero-emission miles, equating to 402,000 pounds of CO2 emissions saved Our delivery team has clocked enough miles to travel around the world 57 times, three times to the moon and back Charitable Efforts Donated over 75,000 meals to local nonprofits Saved the equivalent of 8.9 million gallons of water through food donations About Getir: Getir is the pioneer of ultrafast grocery delivery. The tech company, based in Istanbul, has revolutionized last-mile delivery with its “groceries in minutes” delivery proposition, offering approximately 2,000 everyday items to its customers. Getir has operations in all 81 cities of Turkey, and launched operations in the UK, the Netherlands, Germany, France, Spain, Portugal and the United States in 2021. Learn more at www.getir.com/us. Contact Details Arielle Goren +1 212-717-5863 getir@kivvit.com Company Website http://www.getir.com/us

November 14, 2022 02:15 PM Eastern Standard Time

Top Tech Gifts

News Media Group, Inc.

Contact Details Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/

November 14, 2022 11:30 AM Eastern Standard Time

Video

As COP27 Talks Continue, This Blasting Company Is Helping Create A Sustainable New Future

Laser Photonics Corporation

World leaders are gathering for the 27th session of the Conference of the Parties (COP27) in Egypt to discuss the future of the planet. As governments discuss policies, companies are bringing positive change to the marketplace by finding environmentally sustainable innovations to improve major industries. One potential innovator is Laser Photonics Corp. (NASDAQ: LASE), a company helping change the $35 billion sand and abrasive blasting market through its industrial laser technologies. Laser Photonics Corp. are integrators of low and high-power industrial fiber lasers along with its R & D department are seeking to lead the growing industrial market. Its lasers — which were showcased at North America’s largest metal forming and finishing trade show — have uses ranging from engraving and 3D printing to cleaning and conditioning. Through its innovation and commitment to safety, it hopes to create an industry that is more green for the environment and more protective of workers’ health. The company recently completed an order for the U.S. Navy that is part of a series of order completions in both the public and private sectors that are geared toward reducing waste and helping give the industry an environmentally positive future. The company delivered its CleanTech Handheld LPC-1000CTH lasers to the U.S. Navy Kings Bay Trident Refit Facility as the Navy tackles rust and corrosion of its ships and equipment. 21st-Century Solutions To Age-Old Problems Laser Photonics’ industrial laser products aim to provide a modern alternative to the less efficient, more pollutive, and more risky sand and abrasive blasting industry. Labor Unions, as well as the Environmental Protection Agency (EPA) and Occupational Safety and Health Administration (OSHA), are waging war on unsafe industry practices as they close in around abrasive blasting methods. The EPA’s guidelines on blasting put parameters around its use based on air quality, noise pollution, and waste production. OSHA has also described the “significant risk” to workers’ health associated with exposure to crystalline silica — a common hazard in abrasive blasting procedures — and has imposed strict rules regulating this kind of exposure. Meanwhile, Laser Photonics lasers, which frequently get the job done in half the time, produce no hazardous waste, and employ the combination of safe design and use regulations could effectively make cleaning and conditioning a fast and hassle-free procedure. This is why numerous Fortune 1000 companies are choosing Laser Photonics, which has built a strong blue-chip customer base of key players across industries. These range from Dell Technologies Inc. (NYSE: DELL) and DuPont de Nemours Inc. (NYSE: DD) to Elkhart Plastics Inc., Evergreen Solar, Sony Group Corp. (NYSE: SONY), and Seagate Technology Holdings PLC (NASDAQ: STX). Laser Photonics has also seen diverse interest from government agencies, including the U.S. Army, Navy, National Aeronautics and Space Administration (NASA), and Veterans Administration. “We are continually working to penetrate new verticals within the U.S. government, including the DoD (Department of Defense), to demonstrate both the efficiency and financial benefits of using our technology to drive sales to new customers within the organizations,” Laser Photonics CEO Wayne Tupuola said. Other companies in the industrial laser market include Coherent Corp. (NASDAQ: COHR), Lumentum Holdings Inc. (NASDAQ: LITE), Novanta Inc. (NASDAQ: NOVT), and Adapt Laser. Interested in learning more about Laser Photonics? Visit its website. Laser Photonics is a vertically-integrated manufacturer and R&D Center of Excellence for industrial laser technologies and systems. LPC seeks to disrupt the $46 billion, centuries old, sand and abrasives blasting markets, focusing on surface cleaning, rust removal, corrosion control, de-painting and other laser-based industrial applications. LPC's new generation of leading-edge laser blasting technologies and equipment also addresses the numerous health, safety, environmental, and regulatory issues associated with the old methods. As a result, LPC has quickly gained a reputation as an industry leader for industrial laser systems with a brand that stands for quality, technology and product innovation. Currently, world-renowned and Fortune 1000 manufacturers in the aerospace, automotive, defense, energy, industrial, maritime, space exploration and shipbuilding industries are using LPC's "unique-to-industry" systems. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Brian Siegel, IRC®, M.B.A. Senior Managing Director Hayden IR brian@haydenir.com Company Website https://www.laserphotonics.com/

November 14, 2022 09:21 AM Eastern Standard Time

Research Shows that Age Assurance Needs Clarity and Improvement

FOSI

The Family Online Safety Institute ( FOSI ) today released a new report, Making Sense of Age Assurance: Enabling Safer Online Experiences, which explores awareness and attitudes toward age assurance among parents and children in the United States, United Kingdom, and France. Age assurance ensures that users who do not meet age minimums cannot access online platforms, or must stay in age-appropriate environments. This new report found that age assurance methods are received with mixed perceptions, with respondents showing an openness to future solutions but also highlighting the need for education and transparency upon implementation. Key findings from the report captured levels of awareness among parents and children, outlooks on the use of biometric data, and cultural contrasts in parenting style. “Age assurance has long been a challenging area for the technology industry, as certain methods may also require the collection of more user data,” said Stephen Balkam, FOSI CEO. “This year’s report shows a clear opportunity to improve methods of age assurance, which must begin by helping people to understand it. This means providing clarity around the purpose of assuring age, how the process works, and how they benefit.” “At Google, we are committed to creating age-appropriate experiences to help kids and teens use technology in a safer and more privacy-protective environment,” said Markham Erickson, Vice President, Government Affairs & Public Policy, Google. “This research highlights the complexities associated with establishing the age of users and the importance of including the perspectives of both parents and their children in the discussion. We are proud to partner with FOSI on this critical work and will continue to collaborate on how to help kids and teens enjoy the benefits that technology has to offer when it comes to learning, staying connected and having fun.” Parents and responsibility Despite growing concerns about younger children accessing platforms while underage, this study found that most parents (53% in the US, 57% in the UK, and 49% in France) are willing to make an exception or allow their child to bypass an age requirement, though they then often require direct oversight of the account or discussions about how to use an app safely. While the majority of parents (74% in the US, 80% in the UK, and 73% in France) see themselves as the primarily responsible party for ensuring that their children interact with age-appropriate content, more than half of parents in each country surveyed agree that industry and government should both be more involved in protecting children. Future solutions Despite hypotheses that the use of biometric components may cause concerns around data privacy, this report found that respondents are open to age assurance methods that include it. Over two-thirds of parents and children in the US and UK, and roughly half in France, indicate that they are open to age assurance methods that include a biometric component. Nearly two-thirds of parents across all three countries feel that biometrics are an effective tool for assessing age. If offered, parents report that their most ideal method for setting age assurance on apps and services would be on a per account basis, the point at which they are downloaded from an app store. Country differences The report also finds that different social and cultural factors impact parenting styles and child-parent relationships in each country. US parents reported the highest amount of time spent monitoring their children’s online usage at 11.8 hours per week, in contrast with UK parents at 7.6 hours per week, and French parents at 3.5 hours per week. French parents are also the least likely to use tech tools such as monitoring software or apps to oversee their children’s online activities. 87% of US parents and 82% of UK parents have used such tools, compared to 65% in France. This study was supported by Google, and conducted by Kantar. Topline findings will be presented at the FOSI 2022 Annual Conference, Trust and Assurance: Online Safety in an Uncertain World. Each year, FOSI convenes the premier event in online safety, bringing together leaders from across industry, government, academia, and the nonprofit sector. This year’s agenda includes topics such as content moderation, privacy policy, safety in the metaverse, digital wellbeing, and more. The conference will feature remarks by FTC Commissioner Alvaro Bedoya, as well as the launch of the Global Online Safety Regulators Network, a new initiative seeking to encourage a collaborative approach to legislation globally. About FOSI The Family Online Safety Institute is an international, non-profit organization that works to make the online world safer for kids and their families. FOSI convenes leaders in industry, government and the non-profit sectors to collaborate and innovate new solutions and policies in the field of online safety. Through research, resources, events and special projects, FOSI promotes a culture of responsibility online and encourages a sense of digital citizenship for all. FOSI's membership includes many of the leading Internet and telecommunications companies around the world. Contact Details Curley Company for the Family Online Safety Institute Justin Siraj +1 202-505-0143 justin@curleycompany.com Company Website https://www.fosi.org/

November 14, 2022 08:00 AM Eastern Standard Time

Financial SaaS For Web3? How Ink Finance Is Empowering DAOs with Financial Governance

Ink Finance

Ink Finance ’s motto is, “Finance is built on credit, and credit is competence.” In other words, an organization that wants funding needs to demonstrate its creditworthiness by showing it can manage its own financial affairs in a transparent way. By that same logic, decentralized finance (DeFi) investors need to do their due diligence to make sure any organization they invest in demonstrates strong financial and operational health. In traditional finance, it is precisely the inability to access such information that makes financing small-to-mid sized enterprises extremely difficult. Ink Finance is set to use the full power of blockchain to change this. A key hurdle to that process has been establishing creditworthiness and trust. Existing decentralized autonomous organization (DAO) governance structures are vulnerable to Sybil attacks, in which a large number of fake accounts gain a controlling influence over the organization; and whale attacks, in which a single member with a large enough stake can disrupt the organization’s mission. Attacks like these have led to millions in stolen funds that DAO members and investors can’t recover. The DAO, for example, a large investor-directed venture capital firm, launched in 2016 and was promptly hacked three months later. The hack resulted in $60 million worth of stolen ether (ETH). The all-in-one DAO toolset that Ink Finance is developing is meant to overcome those hurdles with integrity and balance of power, and create a simplified, efficient mechanism that fosters secure, accountable, and transparent fiscal control, thereby empowering DAOs to establish creditworthiness, so that they can use suitable financial products for both raising funds and managing investments. Here’s how the INK web app is solving financial governance issues for DAOs. Identity Verification And Operational Transparency To address vulnerabilities and create DAOs with secure ecosystems and manager accountability, Ink Finance’s comprehensive DAO toolkit includes a set of alternatives of identity verification. It includes INK’s self-developed social media verification, Humanode ’s biometric verification, and Astra ’s legal verification. All of these mechanisms create a way to confirm a member’s identity without revealing sensitive personal data, and any combination of these methods can be chosen by the DAO and applied to different roles in its ecosystem. Meanwhile, all operations within the DAO are fully transparent and intra-protocol rules are enforced by encoded procedures carried by smart contracts, creating a comprehensive, secure on-chain operational structure that records an organization’s financial health and risk-control mechanisms. For DAOs looking to raise funding away from its own home blockchain, Ink Finance makes it possible for the DAO to build the structure once and replicate it on other networks, enabling it to fundraise from different sources while keeping it consolidated in one capital book. The protocol’s Multichain module extends a DAO’s immutable reputation record across multiple blockchains. For investors, this rich set of behavioral data gives them the critical information needed in making thoroughly vetted investment decisions. Bespoke Financial Products InkEnvelope is Ink Finance’s innovative technical construct that allows DAOs to easily “adopt” and wrap assets of very different origins and forms into a fungible token for easy access. This construct can also be used to create unique financial products for fundraising. This tool explicitly attaches any non-fungible critical information — such as governance procedures or risk triggers — to a fungible token that can be handled by mainstream wallets and DeFi facilities. For example, an investment DAO could construct a managed fund for acquiring real-world arts, in which complete & complex fund management details, such as the appraisers, escrow lawyers, gallaries, auction houses, insurance, liquidation rules, etc., — are all wrapped in an InkEnvelope backed fungible token that’s easier to issue, trade and clear. Rich Asset Management Toolset For Investment DAOs The “pluggable” Investment Management component allows organizers to build investment DAOs with rigorously and transparently managed processes. Many of the aforementioned building blocks such as identity verification (applicable to different roles), or the InkEnvelope wrapped assets, are utilized in this toolset to make on-chain asset management flexible, comprehensive, and most importantly, easily adaptable to a rapidly evolving regulatory landscape in the DeFi space. With these features and functions, Ink Finance is hoping to unlock the potential of DAO-to-DAO finance, in a new era of DeFi. Cash rich investment DAOs will meet asset rich Metaverse or Gamefi DAOs through transparent and secure governance structures on both ends, thereby establishing and continuously enhancing their respective competence, making both better equipped to drive their growth. Ink Finance is a DAO governance toolset, enabling all kinds of ecosystems to establish governance economy, manage internal finance, and connect with DeFi investors everywhere, through a no-code user experience. As a Financial SaaS built on blockchain, Ink Finance has the most comprehensive financial engineering tools to support on-chain issuance, settlement, clearing, and analysis of Non-Fungible Financial Products.Ink Finance is backed by heavy weight eco builders such as Republic Crypto and DeFi Alliance, partnered with cutting-edge solution providers such as Humanode, Astra, SolvFinance, Polytrade and deBridge, etc. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Camille Zhang camille.zhang@ufit.live

November 11, 2022 08:15 AM Eastern Standard Time

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