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What You Need To Know About Accounting for Non-Fungible Tokens—NFTs


TL;DR Best practices for NFT accounting vary with the underlying asset type Accurate accounting for NFTs is crucial to avoid noncompliance Companies can mitigate risk by getting professional help with NFT accounting Have you considered owning an NFT or adding NFTs to your inventory, but aren’t sure about the accounting? Procuring a non-fungible token (NFT) may feel daunting enough, and nobody likes complicated taxes. Getting the right guidance on accounting for NFTs is crucial before owning any of these digital assets. What questions do you have about NFT accounting? We’ve got seven best practices to get you seven notches closer to tracking your non-fungible tokens like a professional. 1. Determine Your NFT’s Asset Classification You may understand non-fungible tokens as digital coins that signify ownership of specific assets. NFTs can indicate ownership of a wide range of underlying assets, ranging from digital art and music to virtual real estate and domain names. Determining an NFT’s asset class for accounting purposes is frequently based on the specific nature of the underlying asset. NFT asset classification is necessary because asset classification plays a crucial role in accounting and financial reporting. An accurate classification can be essential to fairly valuing an NFT and understanding the potential implications of owning this type of digital asset. Check out these accounting best practices for classifying NFT assets: Understand the characteristics of the underlying asset Review regulatory guidance in the relevant jurisdictions Consider the purpose of holding the NFT—as inventory or an investment Continually reevaluate the NFT’s asset class designation 2. Assign a Value to Your NFTs What is an NFT worth? A key part of accounting for NFTs is using a valuation method to assign a dollar amount to each NFT. Here are three methods of NFT valuation: Cost-based valuation—valuing an NFT based on what it would cost to recreate the underlying asset Income-based valuation—valuing an NFT based on projected future cash flows associated with the underlying asset Comparable asset valuation—a valuation method based on sales prices of similar tokenized assets Many factors can impact the valuation of an NFT, such as: Rarity and scarcity of the underlying asset Ownership history of the NFT Privileges conferred by owning the NFT Quality and popularity of the underlying asset Market demand for tokenized assets Valuing NFTs can be particularly challenging due to the unique, non-fungible nature of the asset. Assessing the value of NFTs requires a tailored approach that is customized to individual NFTs. 3. Establish NFT Ownership and Control What does it mean—for accounting purposes—to own and control an NFT? A business that owns an NFT must report that token as an asset on its balance sheet. Clearly establishing ownership and control of an NFT is fundamental to accurate financial reporting. Let’s look more closely at NFT ownership and control in the context of accounting: Establishing NFT ownership can be crucial to ensure legal and tax compliance Not clearly establishing NFT control can result in incorrect revenue recognition or expense matching Clear ownership and control procedures for NFTs can ensure that only authorized individuals have access to an NFT Clear ownership and control also creates detailed audit trails that can be used to settle disputes 4. Consider the Tax Implications of Owning NFTs Accounting and taxation are generally inseparable—including for NFTs. Understanding the tax implications of owning NFTs is a major step toward becoming skilled with NFT accounting practices. Any income or gain derived from an NFT transaction is generally subject to tax, regardless of whether the transaction is a sale or trade. Here are some key best practices to remember, especially if you'd rather avoid a tax or accounting nightmare with NFTs: Document all NFT transactions, perhaps by using NFT accounting software from a platform like Ledgible Understand capital gains tax, including how it applies in your jurisdiction Consider the potential tax implications of NFT gifts or donations Pay attention to any tax code changes that may affect NFTs 5. Assess the NFT Regulatory Environment Another best accounting practice for NFTs is to continually assess the regulatory landscape. Regulations surrounding NFTs are indeed still evolving and may differ significantly across jurisdictions. Many aspects of the regulatory environment—involving intellectual property rights, taxation, consumer protection, and anti-money laundering rules—are perhaps subject to change. Individuals and organizations can benefit from routinely evaluating the regulatory environment for NFTs. Here are some useful tactics: Stay informed about regulatory developments pertinent to NFTs Determine what’s needed for your NFT to comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations Understand the intellectual property (IP) rights associated with your NFT Consider engaging NFT legal experts to ensure ongoing compliance 6. Keep Accurate Records of NFT Transactions NFT accounting is only as accurate and compliant as the record-keeping that enables it. The importance of accurate accounting for NFTs probably can’t be understated. Why? That's because high-quality NFT accounting records can help with investment tracking, determining tax liability, and establishing proof of ownership. Credible NFT accounting records can also help to resolve conflicts, plus serve as documentation for audits or legal proceedings. What are some expert ways to record and manage your NFT transactions? Let’s take a look: Document all transactions Use only trustworthy NFT platforms Independently store your proof of ownership for NFTs Consider using a data storage back-up solution Regularly and promptly update your NFT records Consider leveraging professional record-keeping software 7. Know When to Get Help With NFT Accounting What’s your area of professional expertise? If it’s not NFT accounting, then a smart idea may be to get help with this potentially daunting task. You might be unsure of how to track, evaluate, or report NFT transactions—which is pretty understandable. When’s the right time to seek professional help with NFT accounting? Consider these potential indicators: The complexity and volume of your NFT transactions is high Keeping accurate records of your NFT transactions is difficult How to comply with applicable tax requirements is unclear Potential legal or regulatory consequences from your NFT activities are uncertain You’re spending too much time and effort on managing your NFT portfolio Even seasoned accounting professionals have options to get help with NFT accounting. They can leverage specialized software from crypto and NFT accounting platforms like Ledgible, plus access specialized consulting services. Finding an NFT accounting specialist or software solution can mean identifying a cost-effective solution that best meets your unique needs. Make sure to verify the credibility of the platform, understand the value proposition of the solution, and expect high-quality results from whichever NFT accounting solution you ultimately choose. The Ledgible Platform is a cryptocurrency tax & accounting solution designed for Institutions, Enterprises, and Professionals. Financial institutions, corporations, and accounting firms use the Ledgible platform globally for crypto tax, crypto accounting, and crypto audit for billions of dollars of crypto assets. For firms and enterprises seeking traditional financial verification, reporting, and assurance, Ledgible provides the tools they need to confidently embrace cryptocurrency in their work through a SOC 1 & 2 Type 2 Audited Solution. Contact Details Jan Jahosky Company Website

June 05, 2023 09:00 AM Eastern Daylight Time

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DealMaker: Monogram Orthopaedics Listing Highlights the Power of the Crowd


DealMaker congratulates Monogram Orthopaedics Inc., (NASDAQ:MGRM) on listing on the Nasdaq Stock Market on May 18, 2023. Monogram is a medical technology company focused on reconstructive joint procedures and orthopedic implants. The company has a long-standing relationship with DealMaker and has raised over $44 million through online capital formation, including a significant amount under Regulation A. “It's incredible to see how Monogram harnessed the power of online capital formation to create a hugely supportive community of shareholders,” said Mat Goldstein, Co-Founder of DealMaker. “That community has powered Monogram’s capital markets strategy, from the seed stage through this public listing on NASDAQ.” The Monogram Orthopaedics listing is a significant milestone for equity crowdfunding and one of a handful of examples of issuers that start with online capital raising and move to a national stock exchange. “Many institutional investors and firms are reluctant to enter into the equity crowdfunding space and often assume there is no path to liquidity,” said Rebecca Kacaba, DealMaker Co-Founder and CEO. “We’ve seen issuers adopt another path to raising capital: Reg CF to Reg A then Reg A to public listing. It’s a great supplement to the traditional capital markets process.” Monogram has been an eye-catching story in the equity crowdfunding space. Monogram made history by completing the first fully-remote robotic orthopedic surgery in March 2023. In a live telecast, the Austin-based robot was controlled from New York City in real-time via an advanced user-operated foot pedal. “This was an incredible achievement for orthopedic robotics and medicine,” said founder Dr. Douglas Unis. “Despite being over 1,700 miles away, the real-time system was highly responsive with minimal latency. The applications for a robust system with these capabilities are tremendous. No system on the market today is capable of doing what Monogram just demonstrated.” DealMaker is on a mission to bring online capital formation into the mainstream. DealMaker offers a suite of primary issuance, shareholder management, and capital raising solutions that includes equity crowdfunding, investor ranking algorithms, and data/analytical tools to support all capital raise types and all securities. DealMaker’s innovative technology was designed to enable organizations to own and control exempt market raises to get the money they need, faster. DealMaker works for their issuers: putting brands and founders back in control to run streamlined, successful capital raises. The company’s offices are located in Toronto, Canada, Austin, Texas and Tampa, Florida. Visit for more information. Contact Details Natasha Jose Company Website

June 05, 2023 09:00 AM Eastern Daylight Time

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FCA grants agent EMI licence to PayFuture as it reaches major milestones


British fintech payments company PayFuture is today announcing it has been granted an agent Electronic Money Institution (EMI) licence by UK regulator, the Financial Conduct Authority (FCA). With this licence, PayFuture is poised to deliver a comprehensive suite of localised payment products and methods, designed to offer convenience and efficiency in an increasingly digital world. The company's advanced technology platform, combined with its deep understanding of online merchant’s needs, will enable businesses to access untapped markets effortlessly. The agent EMI licence positions PayFuture as a trusted and regulated entity, enabling the company to issue electronic money, facilitate digital payments, money disbursements and offer a range of other payment services, further enhancing its ability to meet the evolving needs of online businesses. Founded in 2019, PayFuture has grown from strength to strength every year. It has been a profitable business from the first year and has scaled organically without any external funding. Today, the company offers local payment services in over 40 countries and has helped hundreds of businesses around the world process over $2 billion of transactions. Businesses use PayFuture's proprietary system "Emerging Market Entry Methodology'' (EM 2 ) to accept and disperse payments quickly and seamlessly in emerging markets. The agent EMI licence represents a culmination of extensive efforts by PayFuture to adhere to the highest standards of compliance and risk management. The regulatory approval underscores the company's commitment to maintaining the utmost transparency and regulatory compliance while providing innovative payment solutions. The agent EMI licence achievement comes hot on the heels of PayFuture launching 11 direct solutions in new countries within just the past 6 months, as well as becoming PCI Level 1 compliant which is the highest level of compliance and payment security standards merchants can comply with to securely store, transmit, and process credit card information. This progress represents significant leaps in the company's mission to transform from being a payments technology platform to becoming the largest payments processor supporting businesses looking for local payment options across the world's emerging markets. "We are delighted to have been granted the agent EMI licence, a significant achievement that showcases our dedication to excellence in the payments industry," said Manpreet Haer, CEO and Co-Founder of PayFuture. "This milestone is a testament to our team's quality and hard work, as well as our unwavering commitment to providing solutions that have previously not been available to merchants, resulting in net new profits for them. We are excited to continue pushing boundaries and revolutionising the way people do business in underbanked emerging markets”. The agent EMI licence marks a pivotal moment in the company's growth trajectory, as it expands its reach and strengthens its position as the leader in payments within frontier markets. About PayFuture PayFuture was founded in 2019 by industry veterans experienced in the payments technology and cyber security space. They formed PayFuture as an alternative means to help businesses get paid and establish a market leading global payment technology. Today, PayFuture is a team of innovators, technologists and payments enthusiasts who are focused on their mission to bridge the gaps between technology, intelligence and payments. PayFuture’s mission is ensuring merchants, along with their customers, receive the best seamless customer experience that maximises sales, profits, and client retention. In doing so, PayFuture aims to become a global payment provider known for its diversity of localised payment options within emerging countries. With the recently acquired agent EMI licence, PayFuture is well-positioned to expand its capabilities and reach to deliver unparalleled value to its merchants around the world. For more information please visit Contact Details PayFuture Bilal Mahmood +44 7714 007257 Company Website

June 05, 2023 07:00 AM Eastern Daylight Time

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Herborium Group, Inc. (OTC:HBRM) CEO Discusses Future Opportunities in Tech-Driven Natural Wellness and Beauty Sectors


Herborium Group, Inc. (HBRN) is a botanical therapeutics® company that addresses dermatological and other health and wellness concerns via its proprietary medicinal products that are supported by science-centered content. In an exclusive interview with the Capital Gains Report, HBRN CEO Dr. Agnes Olszewski discussed the company’s track to take advantage of promising opportunities arising in the natural segment of the wellness industry, particularly as it applies to skincare, and an important boost to this area of the market can get from the application of artificial intelligence. HBRN’s Approach of Integrating Medicine and Beauty The global natural cosmetics market is growing at a fast pace and is projected to reach $79.6 billion by 2033, with an annual growth rate of 5.1%. This rise is driven by the emergence of a new category of advanced, natural ingredient-based products available via conventional retail channels and online retailers, as well as the growing prominence of safer and more efficacious science-based beauty and wellness culture, which fuels the accelerated demand for natural beauty products. Dr. Olszewski said, “One of the most important trends in the healthcare and beauty sectors is the merger of clinical skincare with natural skincare to create safe and validated “hybrid” products that actually work while maintaining their natural ingredient profile.” Herborium’s acne treatment represents such a unique product. AcnEase is a systemic, all botanical ingredient-based, proprietary, clinically tested acne treatment for teen and adult acne, that also improves symptoms of an inflammatory skin condition called rosacea. Dr. Olszewski said, “We are presently working on the second generation of this clinically validated skincare solution that has better consumer characteristics -- broader application and simpler treatment routine -- and improved business profile, such as increased margins. The company is also approaching the most advanced science in clinical skincare - stem cell-based products. We are working to add two highly innovative products in this category to our 2023 and 2024 product portfolios.” The company pursues a cross-sectoral approach, aiming to use clinical testing in order to integrate pharmaceutical and nutraceutical market segments. Exploring the Power of Artificial Intelligence in Natural Skincare Sector Another strength of HBRM has to do with the use of pioneering technology as applied to the development of natural skincare products and a total solution that would address consumer concerns in the skincare sector. On May 11, 2023, the company announced signing a Letter of Intent with Adrecom, a US-based technology and e-commerce company with offices in North Carolina and California, to purchase and further advance AI technology that will power HBRM's natural skin health and wellness platform. It completed the first stage of designing this platform and is currently in the midst of testing and further advancing it. Dr. Olszewski says, “Herborium’s unique approach is the active use of technology in the natural segment of skincare and skin wellness.” The AI platform will deliver streamlined and more precise diagnosis, curated, personalized skincare counseling, products, and other related services such as nutrition and esthetician-provided recommendations. This step positions HBRM as a frontrunner in the novel skincare industry, opening up new ways for innovation and potential revenue streams. “Our AI-based platform offers an integrated, personalized approach to skincare and skin health,” says Dr. Olszewski. “At the moment, an integrated platform for natural skincare and skin wellness does not exist.” As medicine and wellness develop in parallel with advancements in using AI technology to support a personalized approach to treatments and more common wellness and beauty solutions, HBRM is a first mover in this space as it is capable of combining its natural ingredient-based products and relevant, cutting edge content with advanced AI technology. Growth through Partnerships HBRM is currently commercializing its products and has already established a strong presence in the United States, the United Kingdom, and continental Europe through a network of specialty retailers, distributors, and e-commerce platforms. With a well-established customer base and strong brand recognition, the company plans to establish new sales targets by building curated partnerships with other product originators. “We are presently in advanced talks with two companies—one from the US and a second from South Korea that are well known in the cosmetic and skin wellness industry for high-quality biotechnological applications in skincare,” says Dr. Olszewski. Conclusion Natural ingredients and the potential for an AI-driven personalized approach to skincare mean that Herborium’s products have the potential to gain popularity with consumers quickly. They are capable of connecting medical and beauty applications with a focus on natural ingredients, filling an important gap in the market. Disclaimers: CapitalGainsReport (CGR) is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. CapitalGainsReport (CGR) has been retained by Herborium to assist in the production and distribution of content. 'CGR' is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by CapitalGainsReport or any third party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. CGR is not a fiduciary by virtue of any persons use of or access to this content. Contact Details Capital Gains Report Mark McKelvie +1 585-301-7700 Company Website

June 05, 2023 05:00 AM Eastern Daylight Time

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Best Drone Camera (2023): Best Drones For Beginners with 4K Camera

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Camera drones have evolved from being mere novelties for gadget enthusiasts to being an indispensable creative tool for many photographers and filmmakers. Click Here to Buy Best Drone Camera for Photos and Video in USA You can choose between amateur and professional options, allowing for creative and unique angles that cannot be achieved with other cameras. What is the practical option among the exciting possibilities? Camera technology has greatly improved since the early days, including larger sensors, better video resolutions, and improved stabilization systems with onboard gimbals, since early drones lacked stabilized cameras. Intelligent flight controls are improving, making drones easy to learn even for a beginner. Drone flying entails rules and responsibilities. Aviation authorities made it easier to understand, leading to more frequent enforcement. Consult our drone regulations guide for the US, UK, and more before flying your drone. Regardless of the size of your drone, it's essential to research the applicable regulations within the respective country. All the drones in this guide deliver excellent outcomes for photos and videos. All have stabilized cameras with powered gimbals to counteract flight-related shakiness. We offer drones with varying prices, flight control and camera technology. You get what you pay for when it comes to drones, although some cheaper options can still perform well. For inexpensive drones, refer to our guide on the top options available at present. Best Drone Camera in USA: Best drones for beginners with 4K Camera 1. QuadAir Drone – Editor’s Pick for Best Drone Camera in USA There is good news for all you people who are looking for a method to put your first step through the door of aerial photography. In addition to being easy to fly and handy, the Quadair Drone is the perfect choice for beginners. There are drones with a higher flying life on the market, but they can cost you up to a grand if you purchase them. You won't be able to get this much photo quality anywhere else at this price point. Click Here To Buy QuadAir Drone With A Special Price Today in USA! An easy-to-fly drone ideal for beginners, the Quadair drone has a 1080P camera that shoots at 120 frames per second and captures 12 megapixels at a time. Advantages For a nominal price, you can have a perfectly functioning drone Camera of high quality and durability Beginners will love it You will be able to fly then drone for a longer time It comes with a longer battery life and interchangeable batteries The one-button control makes it easy to use Controlling the drone is much easier with the mobile app Due to its compact size and foldable flaps, it is much more portable than other bags You can put it in your pocket and completely forget it's there because it's so lightweight You will be able to avoid any internet scams if you purchase it directly from the manufacturer The authorized seller's account offers many discounts Disadvantages Amazon is particularly notorious for scams on the internet. It is only available from the official seller; it is not available offline. For time-consuming shoots, it might not have enough battery life QuadAir Drone are the best choice if you're a beginner trying to learn how to fly a drone. What is included in the package? Ordered number of drones You purchased how many drone controllers Batteries for all your drones All the drones in your order will require charging cables You will receive manuals for all the drones you ordered In conclusion It's important to check user reviews about any product before purchasing it on the internet. That's how you can determine whether it's legit. 2. Qinux Drone K8 – Top Drone Overall in United States Do you yearn to feel like a bird and explore the world from the air? Then look no further! Thanks to the Qinux brand, having such an experience is now simpler than ever. Until recently, drones have been difficult to control and costly. (AMAZING 50% DISCOUNT) Get Qinux Drone K8 For The Lowest Price Here in USA Designed to provide you with a unique experience A Qinux Drone K8 will open up a world of possibilities for you, allowing you to capture spectacular photos and videos with excellent detail and quality. Its simple and easy-to-use interface is compatible with Android and iOS devices, so you can control the drone more efficiently. Attach your mobile device to the controller to take unforgettable snaps which can be saved or edited, then shared all over social media! With its compact, foldable design, you can take it anywhere. The Qinux Drone K8 comes with a carry bag to keep it safe on a trip! The arms and propellers fold easily, so you can take your drone wherever you go. Save your best moments with totally unique perspectives. You can save all your special moments on your mobile phone with images and videos that have the best resolution! With gesture control, you can take shots and record simply by making hand gestures. How entertaining! Qinux Drone K8 also features modes such as intelligent flight, headless mode, altitude hold, one-push takeoff and landing and a lot more! All in all, the perfect device for everyone! The main advantages are: With its high-resolution camera, the Qinux Drone K8 offers high-resolution images. A high-precision 2-axis gimbal stabilizes the camera and dynamically adjusts the pitch during the flight from -90° to 10°. Capture and share memorable moments through photos and recordings on social media and other platforms. The intelligent battery offers a long flight time per charge. Where can you buy it? During the launch period, the company will offer an exclusive promotion for this product through this link, and if that wasn't enough, bulk orders will also receive a discount. 3. XPRO Drone - Best Stunning Aerial Photography & Video in USA Dimensions Folding the propellers and drone makes storage and transport easier. Flight propellers make it 12.5 x 7.5 x 5cm. The light Drone X Pro might wobble in heavy winds. For its size, it can resist a wind level of seven, which experts consider inadequate. Even a wind shift can derail it. (LOWEST PRICE ONLINE) Click Here to Buy XPRO Drone From The Official USA Website HD Flying a drone is entertaining, but the in-built camera and XPro Drone camera app can record stunning flight footage. Considering its price and performance, it does well. For high-flying pictures, 60fps with a wide-angle lens works. Boomerang and Asteroid preset camera modes produce professional results even if you're a beginner. A good smartphone takes 12MP stills. Take 360-degree panoramic photographs. Onboard picture stabilization makes it better than comparable drones, but these shots are blurrier. Use the app to control and record your flight! Replay XPro Drone footage whenever you want. However, high-up photographs are often blurry. Click here to buy best drone camera in United States! XPro Drone app The camera shows the X Pro's Drone app is significant. Playback and control the drone. Google Play gives it 3.5/5, whereas the Apple App Store gives it 1.9. XPro Drone reviews indicate that few have tested it on iPhones. So it's fine. A beginners tutorial, Go and Return flying buttons, and many intuitive options are included. Flipping the camera view is simple. Besides the novelty, it's simple. The software recognizes speech. Icons include: % battery Photo gallery Capture or record Time Control transmitter controls include: Takeoff and landing Orientation Different flip buttons Headless mode A XPro Drone GPS system keeps it on course and remembers which side was in front during takeoff, so neither you nor it gets lost. Distance Since the distance is low compared to more expensive models, it's not a good indoor or backyard toy for younger kids. 12 kilometers is plenty to enjoy outside. The XPro Drone has three flight modes, a 120-degree wide-angle lens, and nighttime LED lighting. Crash detection To protect the drone, it automatically changes direction. I love the anti-collision sensor, which helps land and prevents midair collisions with inanimate objects and other drones. Stay focused so you can take charge after avoiding danger. Build quality It performs well but has a cheap build quality. Due to a good plastic-metal mix, this won't break on beginners. Its gray, black, and yellow design is great. It can endure rain but not submersion. The show Simply hit down and right to tune XPro Drone gyros. On evaluating the product's top speed and flight performance, it was observed that it twists slowly but pitches well. Flip either way with a button. Fast barrel rolls and 360-degree loops will impress your pals. If you can afford it, faster options exist. If you have the money, there are faster drones than the XPro Drone. It also veers because it can't endure strong winds or unexpected guests. Accessories Only propellers and propeller guards are base accessories. It's so easy to get started that you won't use the QuickStart brochure or larger manual. XPro Drone 3.7600 MAh battery snaps in. It lasts 10 minutes for continuous still photography and low altitude flying at full charge. If 10 minutes is too short, charge for an hour to acquire full power. The X Pro Drone may be plugged in like a phone using the provided USB cord. With a USB C to C cable, you might siphon power from your tablet, laptop, or PC, but it's not important. The drone, handset, and guidebooks fit in a soft carry case. 4. TACTIC Air Drone - Best Affordable Camera Drone in USA The TACTIC AIR Drone is a versatile, lightweight quadcopter with 20-minute flight times and smart features. This folding aircraft has robust carbon fiber propellers that can support 400 lbs! It's for beginners and advanced drone pilots. It also has the latest technology, including an altitude hold feature that lets users use their camera's full capability without looking down at buttons and dials while recording. Our smartphone app gives users more stabilizing control than ever before with easy movements. (EXCLUSIVE OFFER) View Pricing & Availability of Tactic AIR Drone in United States WiFi and controller control the drone. Gesture Control makes them easy to utilize. Sturdy construction allows portability and ease. Technical Details: 1. Amazing Camera: This drone has a 9.1-million-pixel Ultra HD wide-angle camera. It captures 4K photos and videos for tracking the craft's flight route or recording it. They can also switch between picture-in-picture mode, where one image provides a larger field of view and another shows greater information on specific objects, and split-screen mode, where both cameras work at once! 2. Manageable By gesture: Tactic Air Drone's Follow Me mode lets the drone self-pilot and recognizes hand movements. Users may snap amazing images and films with hand gestures. 3. Durable Lithium Battery: The Tactic Air Drone has an inbuilt anti-collision system and 20 minutes of flight life with its 3.7V 300mAh Lithium-ion battery. Use The Tactic Air Drone includes numerous exciting and easy-to-use functions. The device's Android app streams live flight trajectories. Both devices' controls are easy to grasp, and their remote controller is tiny and comfortable to hold. This one has a 150-meter range! That's double most drones' capabilities! The Tactical Air Drone can rest for 20 minutes before flying again. People adore this drone because it lasts years and features an easy-to-use battery that lasts over 20 flights before needing a recharge. Benefits The Tactic AIR Drone is simple, feature-rich, and inexpensive. This military-grade drone may be deployed everywhere. GPS Tracking lets users snap aerial images from different perspectives while video their flight route via an app on their phone or tablet for free. The wind-flying Tactic AIR Drone is remote-controlled. It's lightweight, tiny, and foldable, making it more portable than most drones. Best part? This revolutionary device has a Follow Me function to capture activities from any angle without any effort! 5. DroneXS - Best for Shooting Live Video in United States A live streamer's delight, this is the best drone for shooting live video. A few of its selling points include precise control by remote control, small size and durability, the availability of live streaming from the drone's camera, safety for children with rounded propellers, an easy-to-charge battery, and protection braces. Exclusive Details: *DroneXS * Read More Details on Official USA Website! With a price of just $99, this excellent product is a standout value. Here's what's inside XS Drone Transmitter Battery that can be recharged Cable for charging Manual for users A screwdriver is included in the DroneXS's kit to fix the propeller blades to fly the drone. Aspects Quadcopter drone DroneXS. There are three flight speeds and a 120-degree viewing range 12 megapixel 720p Full HD camera Lipo battery 3.7V 500MAH Up to 60 minutes of flying time High-speed WiFi 5G Speeds up to 19 meters per second Range of up to 3,000 feet Technology for automatic self-stabilization There is a 'Slo-mo' mode available as an advanced feature. With the Drone XS tracking system, you can press the auto return button to bring it back into sight if you lose sight of it. Interesting Read: Best Drone Camera In Canada: Top 5 Drone For Aerial Photography & Video In Canada Pros Lightweight and small Drone that is easy to control Additionally, it is a professional-grade drone Several kid-safe features are included, such as rounded propellers It is safe to fly indoors through windows and doors. Video recording in 720p HD Compact, splash-proof, and durable Material is semi-hard There is an option to edit videos There is a trajectory flight feature available Battery life is longer Looks elegant Easy-to-use High-quality photos and videos are produced Foldable Wide-angle lens included With a gravity sensor, it navigates well in the air without bumping into things. A slow mode is available. Cons There is limited stock available, and it is running out quickly as well Online only. Drone features to consider before purchase GPS: To compose photos, GPS is almost indispensable for toy drones which do not typically have it. Guided missile technology was repurposed for drone positioning. The goal is to remain stationary instead of being blown away like a missile. Piloting is easier and the drone can automatically return to the takeoff point when disconnected, which is a helpful backup. Controller: Each controller is unique. At the lower end, standard Wi-Fi is used for control and video feedback, with a range of approximately 100m and requiring a clear line of sight, while most models come with twin sticks. Expensive drones (listed here) utilize exclusive radio technologies such as DJI's Lightbridge or OM3, providing a range measured in miles, compatibility with master and slave controllers for separate pilot and camera operator operations, as well as first-person-view goggles. Camera & gimbal: Sensor size, megapixels, and vibration reduction are all crucial for a camera's performance. At lower levels, use cushioning or digital image stabilization. The best systems use motorized gimbals on 2- or 3-axis. Battery: The drone's flight time is limited by its battery capacity. Greater capacities do not necessarily result in extended flight durations as weight, particularly that of the battery, and effectiveness also play a crucial role. Minutes of flight time is the more useful measure. Although lithium batteries are powerful, 'Intelligent Batteries' are both safe and equipped with built-in monitors for convenient charge checking. Assume the hover time of drones is slightly less than the given flight time as they work best moving forward at an average speed. Maneuvers require additional power as well. The App: The manufacturer's app quality impacts the experience as advanced features on high-end drones need menu navigation. Certainly, this is the way to go beyond auto with the camera. Developers use drone sensors and app processing for simpler flying modes and visual effects like DJI's Tiny Planet. The Bundle: Drones can be purchased individually, with a remote, or as a bundle featuring items such as additional batteries, spare propellers, a bag, and ND filters. You may require spare propellers in the initial stages. Factor in the cost of batteries and the distance to charge them when calculating the price of a bundle. A good bag can safeguard them, even when just stuffed inside. Most drone gimbals have unique lens mounts, so it's important to keep this in mind when shopping for ND filters. Related Read: Best Drone Camera in Australia: Top 5 Drones For Aerial Photography and Video in 2023 Contact Details Melissa

June 03, 2023 01:03 AM Eastern Daylight Time

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XLC: Easy Access to Communications and Media Giants

Select Sector SPDR

In 2018, the Global Industry Classification Standard (GICS), which is widely considered to be an objective language and classification system for sector investing, declared a new sector that was symbolic of the 21 st century. Considering GICS hadn’t classified U.S. equities with a new sector since 2015, this was significant news. By pulling together communications and media companies into a new sector deemed “Communication Services,” this offered investors access to the new digital economy with a thoughtful approach to these emerging industries and companies. Soon after the GICS announcement, Select Sector SPDR ETFs launched a new exchange-traded fund (ETF), the Communication Services Select Sector SPDR Fund ( XLC ), which captures this growing digital side of the U.S. economy. XLC tracks a market-cap-weighted index of U.S. telecommunication & media components of the S&P 500 index. Top Holdings* XLC’s top holdings are everyday names for the products and services the companies produce. Meta Platforms (Facebook) is the top holding at 25.83%, followed by Alphabet (Google) Class A (13.92%) and Class C (12.18%), Netflix (5.09%), Comcast (4.20%), and Activision (3.87%). T-Mobile and Verizon are similar in weighting to Activision. In total there are 24 holdings in the fund that represent key economic drivers to the 21 st century’s economy. XLC has attracted more than $11 billion in assets under management in less than five years, signaling that this new sector is something being embraced by investors. The companies in XLC are household names because consumers use the products and services daily, both domestically and globally. Fine-Tuned and Low Cost The Communication Select Sector SPDR brings a more fine-tuned approach to key subsectors that have matured and deserve their own classification, considering the industries’ size and success. XLC offers that access in an easy and low-cost manner with the size that also brings liquidity and tradability to this important sector. Beyond its impressive holdings, XLC is a low-cost holding with an expense ratio of 0.10%** to invest in the leaders of the communication and media industries. That is made possible through the structure of an exchange-traded fund that brings a low-cost and index-based approach to investing in various parts of the equity world. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. *Holdings, Weightings & Assets as of 5/31/23 subject to change **Ordinary brokerage commissions apply DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: Website: *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL006589 EXP 7/31/23 Contact Details Dan Dolan Company Website

June 02, 2023 03:25 PM Mountain Daylight Time

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Futuris Company Announces Cancellation of Acquisition of LotusUSA Inc.


Futuris Company (OTC: FTRS), a Human Capital Management (HCM) company focused on areas such as Staffing, Consulting, and Tech Services, today announces the cancellation of the acquisition of LotusUSA, Inc. Madhuri Yalamanchi owns LotusUSA, Inc and that there was no change of ownership. “We continue to forge ahead with building our brand and will continue to update our shareholders with all progress that we make,” stated Kalyan Pathuri, President of Futuris Company. We encourage shareholders to continually visit our website and social media platforms for updates. Website: Twitter: About Futuris Company Futuris is a Human Capital Management (HCM) company focused on Executive Search, Staffing, Consulting services and Tech Services specializing in verticals such as Medical, Accounting/Finance, Information Technology, Recruitment Process Outsourcing (RPO), and Legal. The Company is committed to building a global HCM company through highly targeted and accretive acquisitions and operational efficiencies. For more information, please visit Contact Details: Futuris Company Preya Narain Email: Contact Details Futuris Company Company Website

June 02, 2023 11:09 AM Eastern Daylight Time

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Tradeweb to Participate in Piper Sandler Global Exchange & FinTech Conference


Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced it will participate in the Piper Sandler Global Exchange & FinTech Conference on Wednesday, June 7, 2023. Tradeweb CEO Billy Hult will participate in a fireside chat at 10:00am EDT, as well as the "Changing of the Guard, the Outlook for Fixed Income Electronic Trading" panel at 10:30am EDT. A live webcast of the sessions will be available via A replay will be accessible at the same site for approximately 180 days following the conclusion of the event. About Tradeweb Markets: Tradeweb Markets Inc. (Nasdaq: TW) is a leading, global operator of electronic marketplaces for rates, credit, equities and money markets. Founded in 1996, Tradeweb provides access to markets, data and analytics, electronic trading, straight-through-processing and reporting for more than 40 products to clients in the institutional, wholesale and retail markets. Advanced technologies developed by Tradeweb enhance price discovery, order execution and trade workflows while allowing for greater scale and helping to reduce risks in client trading operations. Tradeweb serves approximately 2,500 clients in more than 65 countries. On average, Tradeweb facilitated more than $1.1 trillion in notional value traded per day over the past four quarters. For more information, please go to Forward-Looking Statements This release contains forward-looking statements within the meaning of the federal securities laws. Statements related to, among other things, our outlook and future performance, the industry and markets in which we operate, our expectations, beliefs, plans, strategies, objectives, prospects and assumptions and future events are forward-looking statements. We have based these forward-looking statements on our current expectations, assumptions, estimates and projections. While we believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond our control. These and other important factors, including those discussed under the heading “Risk Factors” in documents of Tradeweb Markets Inc. on file with or furnished to the SEC, may cause our actual results, performance or achievements to differ materially from those expressed or implied by these forward-looking statements. Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements contained in this release are not guarantees of future performance and our actual results of operations, financial condition or liquidity, and the development of the industry and markets in which we operate, may differ materially from the forward-looking statements contained in this release. In addition, even if our results of operations, financial condition or liquidity, and events in the industry and markets in which we operate, are consistent with the forward-looking statements contained in this release, they may not be predictive of results or developments in future periods. Any forward-looking statement that we make in this release speaks only as of the date of such statement. Except as required by law, we do not undertake any obligation to update or revise, or to publicly announce any update or revision to, any of the forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this release. Contact Details Tradeweb Media Contact Daniel Noonan +1 646-767-4677 Tradeweb Investor Contact Ashley Serrao +1 646-430-6027 Tradeweb Investor Contact Sameer Murukutla +1 646-767-4864 Company Website

June 02, 2023 10:51 AM Eastern Daylight Time

Article thumbnail Digital Asset Direct

Westminster Group has "delivered a strong recovery"

Westminster Group PLC

Contact Details Proactive Investors UK +44 20 7989 0813

June 02, 2023 10:35 AM Eastern Daylight Time

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