Digital Asset DirectAmesite Inc.
Contact Details Amesite, Inc. +1 734-876-8141 info@amesite.com Company Website http://www.amesite.io
August 10, 2022 06:08 PM Eastern Daylight Time
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News ReleaseSociety Pass Incorporated
E-commerce dates to 1948 during the Berlin Blockade crisis when people ordered goods via telex. The debut of the World Wide Web in 1991 and the development of a web browser in 1993 shifted e-commerce from telex to the internet. The global increase in smartphones and the accessibility of fast internet connectivity over the years has significantly accelerated the growth of the industry, as more people can purchase goods via mobile devices such as tablets and even wearables. China, home of Alibaba Group Holding Ltd. (NYSE: BABA) and the U.S., where Amazon.com Inc. (NASDAQ: AMZN) and eBay Inc. (NASDAQ: EBAY) reside, have been the top countries where e-commerce has grown at a healthy rate. But things might be changing. Southeast Asia is expected to experience the largest worldwide growth in e-commerce with an increase of 20.6% in 2022, according to Insider Intelligence. Only four countries, including the Philippines, will surpass the combined growth rate of Southeast Asia. E-Commerce In The ICT Hub Of Asia The Philippines — dubbed the information and communications technology (ICT) hub of Asia — ranks first in 2022 e-commerce sales, surpassing the U.S. by 10%. E-commerce in the Philippines has grown from $6.78 billion in 2017 to nearly $21 billion in 2022, with expectations of reaching $32.7 billion in 2025. Consumer preference for shopping online and the increasing internet penetration are behind the growth in e-commerce sales in the Philippines, where people spend an average of 10 hours per day online. The government also has taken various initiatives to bolster the sector. The Philippine E-commerce Roadmap 2022 was launched in January 2021 to encourage the use of e-commerce by small and medium enterprises (SMEs) and increase online shopping confidence. "Rising consumer preference for online shopping, the increasing number of online merchants, proliferation of alternative payment solutions and government support will support e-commerce sales in the Philippines. The market is forecasted to grow at a compound annual growth rate of 17% over the next five years," Global Data Banking and Payments Senior Analyst Shivani Gupta said. The Fastest Growing E-Commerce Model? In addition to buying and selling goods on leading platforms such as Lazada and Sea Ltd. ’s (NYSE: SE) Shopee Philippines, Filipinos shop on social media platforms. The social commerce market is expected to reach nearly $682 million this year thanks to the growing number of people flocking to social media platforms to buy products. Companies like Belo Medical Group and Shopee Philippines are using social media platforms such as TikTok to increase sales. Penetrating The E-Commerce Market In The Philippines Society Pass Inc. (NASDAQ: SOPA) says it is on track to infiltrate the fastest-growing e-commerce market in Southeast Asia through acquisitions. Established in 2018, Society Pass (SoPa) has quickly scaled up its operations in Southeast Asia and South Asia through its e-commerce platforms and acquisitions. The company has acquired a number of companies, including the restaurant delivery app Mangan.ph, Gorilla Networks, a next-generation Web3 mobile virtual network operator, and #HOTTAB Biz, a business management platform. The acquisition of online grocery shopping and delivery platform Pushkart.ph is expected to increase SoPa’s revenue by 891% over last year. Pushkart boasts having more than 125,000 users and 20,000 mobile app downloads. Pushkart is looking to expand its presence beyond metro Manila. The company recently announced plans to expand in cities across the Cavite and Pampanga provinces, which have a population of over 6 million people. Pushkart President and CEO Michael Lim said this is the beginning of the company’s goal to expand to other parts of the country and across Southeast Asia. Sopa recently acquired Mangan.ph (“Mangan”), the leading local restaurant delivery service in the Philippines. Founded in 2017, Mangan delivers restaurant food from over 1,200 partner restaurants through its over 200 rider network to its over 500,000 registered users. Thus far, Mangan has generated more than 100,000 mobile app downloads and accumulated over 80,000 social media followers. Operating in Pampanga, the culinary capital of the Philippines, Mangan’s geographic reach extends to 16 other cities including Angeles City, San Fernando, Clark, Dau, Mabalacat, Guagua, Lubao, Tarlac, Bataan, Magalang, Pasig, Cabanatuan, Baguio, Lipa Batangas, Antipolo City, Dagupan City. The newly acquired business will be integrated into SoPa’s F&B vertical, Push Delivery Pte Ltd, along with Pushkart and #HOTTAB. As a loyalty and data marketing ecosystem, Society Pass operates multiple e-commerce platforms across its key markets in SEA. Its business model focuses on analysing user data through the expected launch of its Society Pass loyalty platform and circulation of its universal loyalty points, which seamlessly connects consumers and merchants across multiple product and service categories to foster organic loyalty. Since its inception, SoPa has amassed over 1.6 million registered consumers and over 5,500 registered merchants/brands on its platform. It has invested 2+ years building proprietary IT architecture with cutting edge components to effectively scale and support its consumers, merchants, and acquisitions.Society Pass provides merchants with #HOTTAB Biz and #HOTTAB POS – a specialized POS technology solution, a comprehensive system for payment, loyal customer management, user profile analytics, and convenient financial support packages for small and medium-sized enterprises.In addition, SoPa operates Leflair.com, Vietnam’s leading lifestyle e-commerce platform, Pushkart.ph, a popular grocery delivery company in Philippines, Handycart.vn, a leading online restaurant delivery service based in Hanoi, Vietnam, and Gorilla Networks, a Singapore-based, blockchain/web3-enabled mobile virtual network operator.For more information, please check out: http://thesocietypass.com/. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Dennis Nguyen: Founder, Chairman & CEO +1 877-440-9464 dennis@thesocietypass.com Company Website https://thesocietypass.com
August 10, 2022 03:05 PM Eastern Daylight Time
News ReleaseBenzinga
Caused predominantly by genetic predisposition, immune disorders and other factors, such as unhealthy diet and exercise habits, diabetes is one of the most common lifelong chronic diseases in the world. According to the World Health Organization (WHO), there are nearly 450 million cases of diabetes worldwide, and the number in the U.S. could reach 40 million by 2030 and more than 60 million by 2060. Many believe the numbers could be more significant because large numbers of the population might be undiagnosed and at high risk. In recent years, with the rise of global diabetes expected to reach nearly 700 million by 2035, a growing number of patients are suffering from pain and infections caused by the invasive and frequent nature of using mainstream commercial glucose meters. The most common cutaneous complications are wear-related erythema, itching, and induration, but more severe cases, typically related to bacteria infection, continue to grow as well ( source 1 and 2 ). This has led to the need for noninvasive blood glucose monitoring technology, which could relieve numerous issues that many diabetes patients face. Noninvasive blood glucose monitoring refers to the detection of human blood glucose without causing damage to human tissues. Many noninvasive blood glucose detection methods can be divided into the optical, microwave and electrochemical processes. Medical imaging technologies are gaining global relevance in the medical community to assist clinicians in the diagnosis and guiding therapeutic treatment of patients. The big plus is that it's noninvasive and offers high-resolution results. The most common medical imaging technologies are computed tomography, magnetic resonance imaging and ultrasonography. Noninvasive imaging techniques are used in almost every medical field as a diagnostic tool and to monitor pathological progression or the efficacy of treatments. Several imaging tools are available to provide structural and functional information about tissue and organ physiology. New hybrid devices and multimodal imaging offer opportunities for research and use in clinics. Companies like General Electric Co. (NYSE: GE) Healthcare, Lantheus Holdings Inc. (NASDAQ: LNTH), Varex Imaging Corp. (NASDAQ: VREX) and OSI Systems Inc. (NASDAQ: OSIS) have invested heavily in medical imaging products, but most are better known for other medical offerings or other industries altogether. Know Labs Inc. (OTCQB: KNWN), an emerging developer in noninvasive medical diagnostics, focuses on developing its proprietary spectroscopic technologies using the electromagnetic spectrum. The goal is to accurately identify and measure a wide range of organic and inorganic materials, molecules and compositions of matter. Know Labs’ technology uses spectroscopy to direct electromagnetic energy through a substance or material to capture a unique molecular signature. It refers to its technology as Bio-RFID™, which can be integrated into various wearable, mobile or bench-top devices. The company’s patented and patent-pending technology makes it possible to effectively identify and monitor analyses that could only previously be performed by invasive, expensive and time-consuming lab-based tests. The first application of its Bio-RFID technology will reportedly be in a product marketed as a noninvasive glucose monitor, giving the user real-time information on blood glucose levels. Know Labs’ leadership says it's confident it will be the first company to bring an FDA-cleared noninvasive glucose monitoring device to market. Know Labs is conducting a 200-person internal clinical trial of Bio-RFID, which will help the company refine its algorithm and demonstrate Bio-RFID’s accuracy in a large population.. Previous internal tests demonstrated Bio-RFID has an accuracy on par or better than currently available solutions, which is an important step towards FDA submission. For more information on Know Labs Inc., visit knowlabs.co. This post contains sponsored advertising 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
August 10, 2022 02:58 PM Eastern Daylight Time
News ReleaseVolatus Aerospace Corp.
Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") is pleased to announce that it is the first company in Canada to receive a Beyond Visual Line Of Sight ("BVLOS") Special Flight Operations Certificate (SFOC) from Transport Canada to operate a remotely piloted aircraft (RPAS, drone) without a visual observer, using a ground-based optical detect and avoid system. This is a key milestone in the commercialization of the AERIEPORT nesting station and a necessary and important step toward commercializing drone technologies at scale in Canada. Volatus is experienced in BVLOS operations and currently holds authorization to conduct BVLOS training at several locations across Canada. This new SFOC will enable Volatus Aerospace to remotely pilot a Volatus M300 drone integrated with FlightOps’ remote operations software and a CASIA G Optical Detect and Avoid system from IRIS Automation at the Lake Simcoe Regional Airport. “An SFOC is an authorization, usually on a one-time, single location, or risk level basis given by Transport Canada to operate above and beyond current regulations,” explained Richard Podolski, VP of Flight Operations for Volatus Aerospace. “It’s a very well regulated and safety-oriented method for developing new functionality in an industry or accomplishing what nobody thought to write rules for.” “For drone technology to be successful long-term, it needs to improve upon current methods and applications, be affordable, and scalable,” stated Glen Lynch, CEO of Volatus Aerospace. “Today’s achievement has broken through a major barrier and opened the door to commercial opportunities that have only been dreamed about but until today have been just out of reach. Remote operations beyond visual line of sight are now a reality for Volatus. Commercialization begins now.” About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, Latin America and most recently in Europe. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statement This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com
August 10, 2022 12:29 PM Eastern Daylight Time
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News ReleaseGET Group North America
America First Credit Union (AFCU), GET Group North America and Utah Driver License Division (DLD) announced that AFCU will now accept Utah and Arizona mobile driver’s licenses (mDLs) as a valid form of identification at all 121 America First Credit Union branch locations effective immediately for all banking transactions. As the fifth largest credit union in membership in the U.S., more than 930,000 AFCU members in Utah and Arizona will now be able to utilize mDLs to access their financial information. AFCU will be able to accept other states with mDLs as they become available. AFCU will utilize GET Mobile Verify to securely identify their members, conduct transactions, sign up new members, and reduce the risk of fraudulent activity. Utah has been the first state in the U.S. to pilot an mDL that is fully compliant with ISO 18013–5, the international standard that ensures global acceptance as a legal form of identification. Mobile driver’s licenses allow for information such as name or age to be confirmed contactlessly and unequivocally with a simple scan or tap -- without the mobile phone ever changing hands. A person never has to show or hand over their phone. ISO 18013-5 mDL eliminates the subjectivity of visually authenticating an ID document. By adhering to stringent standards, GET Group North America -- the technology vendor for the Utah mDL program -- and Utah DLD empower citizens with greater control over their personal data, enabling them to share only the information that is relevant to a specific transaction. “We’re excited to see the mDL ecosystem – both in Utah and nationally – continuing to grow and we’re very pleased to have America First Credit Union as part of that growing environment,” said Alex Kambanis, Managing Director of GET Group North America. “We look forward to working with AFCU to support them with technology to securely and contactlessly confirm IDs for all banking transactions.” “America First Credit Union is in the business of protecting our members and their financial futures. We are always looking to be at the forefront of technology and are excited about our partnership with GET Group North America. With members in mind, we continue to find new and effective ways to secure our member’s data to reduce any type of fraudulent activity,” said Jeremy Deamer, Manager of Branch Technology and Innovation. “The support and adoption of mobile driver's licenses is one of many steps we continue to provide to our members for an additional layer of security and ease of mind for their futures.” “Providing opportunities for more Utahns to use their mobile driver’s license throughout the state has been a main focus for our team,” said Chris Caras, Director at the Utah Driver License Division. “Adding additional verifiers, like AFCU, allows mobile driver’s license holders to complete transactions without compromising their personal information. We look forward to working with GET Group North America, AFCU, and additional businesses to offer contactless mobile driver’s license transaction in communities statewide.” Citizens are invited to enroll for their own mDL on Friday, August 19th from 11am-3pm at the Salt Lake City AFCU Metro Branch (455 East 500 South in Salt Lake City) or on Thursday, September 8th from 11am-3pm at the Ogden Main Branch (3650 Wall Avenue in Ogden). A valid Utah driver’s license is required for mDL registration. For more information, visit http://ut.mobiledl.us. About GET Group North America GET Group North America and its partners develop, manufacture, and implement end-to-end solutions for secure physical and mobile credentials that enable government agencies, motor vehicle departments, municipalities law enforcement organizations, and other entities to leverage the latest in secure identity management technologies. From photo ID cards, driver’s licenses, and passports, to mDLs and mIDs, GET Group NA delivers advanced issuance, verification and personalization capabilities that prevent fraud, accommodate diversified customer needs, and support the future of ID. About America First Credit Union Proudly celebrating 83 years of serving members and a long-standing history, America First Credit Union has become one of the largest, most stable, and most progressive credit unions in the country, and has remained a member-owned, not-for-profit cooperative financial institution. Today, America First has 121 locations, and is the seventh largest credit union in assets in the United States with over $17 billion, and the fifth largest credit union in membership in America with more than 1.2 million members. Contact Details SVM Public Relations Jordan Bouclin +1 401-490-9700 jordan.bouclin@svmpr.com Company Website https://getgroupna.com/
August 10, 2022 12:01 PM Eastern Daylight Time
News ReleaseCleverTap
CleverTap, a leading global B2B SaaS platform for customer engagement and retention today announced it has signed definitive agreements to raise US$105M in a Series D funding round led by CDPQ, a global investment group who committed US$75M, with participation from IIFL AMC’s Tech Fund, along with existing investors Tiger Global and Sequoia India. The funds will be used to support CleverTap’s global expansion and enhance the development of its world-class solutions and technology. Founded in Mumbai in 2013 and headquartered in Mountain View, California, CleverTap’s customer engagement and retention SaaS platform leverages machine learning and artificial intelligence to offer a comprehensive user engagement suite that enables brands to build valuable, long-term relationships with their customers. CleverTap’s subscription-based solution has been adopted by a loyal customer base of 1,200 brands in 100 countries representing 10,000 apps across industries including Fintech, eCommerce, Subscription, On Demand, and Streaming media. In June 2022, CleverTap completed the acquisition of San Francisco-based Leanplum, a leading multi-channel customer engagement platform, further strengthening its footprint in North America and Europe. In the same month, it also unveiled TesseractDB™, the world’s first purpose-built database designed to dramatically improve user engagement and retention for digital consumer brands. “Our vision has been to reshape the way businesses engage with their consumers and bring the tech to MarTech. The addition of long-term investors CDPQ and IIFL AMC Tech fund to CleverTap’s existing backers, Sequoia India, Accel, Tiger Global, and Recruit Holdings is a great endorsement of the successful business we have built, the innovation we bring to the market and the growth potential CleverTap holds,” said Sunil Thomas, Co-founder and Executive Chairman, CleverTap. “The fresh funds will help fuel our plans to further strengthen our presence in key geographies and expand our teams. The last few months have been quite exciting for us with the Leanplum acquisition and unveiling of TesseractDB™. And now with the new institutional investors coming on board we have all that we need to grow at a faster rate while consolidating our position as the global leader in the retention space.” “CleverTap has established itself as a partner of choice for its clients by helping them generate significant incremental revenue. Its subscription-based platform offers a single and reliable source of information that allows brands to maximize the lifetime value of their existing customers by engaging them in a highly personalized way” said Martin Laguerre, Executive Vice-President and Head of Private Equity, CDPQ. “As consumer brands are increasingly focused on customer retention and prioritize tools offering tangible return on investment, we believe CleverTap is well positioned to maintain its global growth trajectory and help more businesses enhance their customer experience.” “CleverTap is a fast-growing SaaS company that not only has recurring revenue streams and top tier financial metrics, but also a scalable business model with large addressable markets” added Meng Ann Lim, Managing Director, Direct Private Equity for Asia Pacific, CDPQ. “This investment is in line with our strategy to work with innovative companies that enable rapid digital transformation, especially in the Asia-Pacific region where high smartphone penetration is facilitating the digitalization of the economy at a rapid pace.” “Enterprises are increasingly looking to engage with customers in a real time and in a personalized manner across digital channels. CleverTap’s full stack approach to customer engagement allows them to perform user analytics and run personalized customer campaigns on a real-time basis which enables companies to improve user retention and understand user journeys across channels” said Chetan Naik, Fund Manager and Senior Executive Vice-President, Private Equity at IIFL AMC. “CleverTap has built a unique product suite and analytics capabilities that runs over a proprietary database. CleverTap is one of the fastest growing SaaS companies with best-in-class revenue retention rates. We are excited to partner with them in their journey of creating a leading global customer retention platform out of India.” “The latest fundraise reaffirms customer and market belief in CleverTap and our growth potential. This fundraise will help us elevate our growth trajectory and further enable us to innovate better and faster while staying ahead of the curve,” said Sidharth Malik, Chief Executive Officer, CleverTap. “The paradigms of user engagement are changing, and as industry leaders we are best positioned to help businesses adapt to this ever-evolving consumer landscape. Our recent acquisitions helped us expand our foothold in North America and Europe, and enhance our leadership in verticals such as on-demand and subscription.” As part of the transaction, CDPQ will join CleverTap’s Board of Directors upon closure of this funding round. IIFL AMC’s investment is subject to approval from Securities and Exchange Board of India (SEBI). ABOUT CLEVERTAP CleverTap is the World’s No.1 retention cloud that empowers digital consumer brands to increase customer retention and lifetime value. CleverTap drives contextual individualization with the help of a unified and deep data layer, AI/ML-powered insights, and automation enabling brands to offer hyper-personalized and delightful experiences to their customers. 1,200 customers in 100 countries and 10,000 apps, including Gojek, ShopX, Canon, Electronic Arts, TED, English Premier League, TD Bank, Carousell, AirAsia, Papa John’s, and Tesco, trust CleverTap to achieve their retention and engagement goals, growing their long-term revenue. Backed by leading investors such as Sequoia India, Tiger Global, Accel, CDPQ, IIFL and Recruit Holdings, the company is headquartered in Mountain View, California, with offices in Mumbai, Singapore, Sofia, São Paulo, Bogota, Amsterdam, Jakarta, and Dubai. For more information, visit clevertap.com or follow on LinkedIn and Twitter. ABOUT CDPQ At CDPQ, we invest constructively to generate sustainable returns over the long term. As a global investment group managing funds for public pension and insurance plans, we work alongside our partners to build enterprises that drive performance and progress. We are active in the major financial markets, private equity, infrastructure, real estate and private debt. As at December 31, 2021, CDPQ’s net assets totalled CAD 419.8 billion. For more information, visit cdpq.com, follow us on Twitter or consult our Facebook or LinkedIn pages. CDPQ is a registered trademark owned by Caisse de dépôt et placement du Québec and licensed for use by its subsidiaries. ABOUT IIFL AMC IIFL Asset Management (IIFL AMC) is a part of IIFL Wealth and Asset Management. IIFL AMC is an alternates-focused asset management and has been playing a pivotal role in the growth of the AIF industry in India. A disciplined and active management approach combined with research-led strategies allows IIFL AMC to tap into India’s potential for delivering on its commitments and long-term growth. The AMC’s diversified suite of mutual funds, PMS, alternative investment funds, credit funds and venture capital funds span public and private equities as well as fixed income securities and real estate. IIFL AMC’s distinctive products bring out the entrepreneurial edge, agility and speed of execution of a boutique asset management business, while providing gold standards of corporate governance of a large corporation with a long-term focus. Forward-Looking Statements Some of the statements in this press release may represent CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release. Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or any related damages. Contact Details Sony Shetty sony@clevertap.com Company Website https://clevertap.com/
August 10, 2022 11:49 AM Eastern Daylight Time
News ReleasePlutus
Plutus, the visa debit card offering 3-8% in crypto rewards, today announced its plans to dominate the United States (US) neo-banking sector. Plutus is a London-based FinTech providing industry-leading crypto reward rates and 20+ Perks such as 100% back on Netflix, Spotify, and Prime. Its user base has experienced 20.4% Month-on-Month (MoM) growth due to the value customers get from its rewards programme. Currently, Plutus is available in the United Kingdom (UK) and European Economic Area (EEA). In Q1 2023, Plutus will launch its finance app and card in the United States (US), the largest crypto market in the world. Plutus has partnered with Prepaid Ventures (PPV), one of the leading debit card solutions in the US, to issue its Plutus-branded Visa debit cards to U.S. residents. Danial Daychopan, CEO & Co-founder of Plutus, comments on the announcement: “This is a major milestone. Soon, a population of 330m will be able to earn substantial amounts of crypto simply for living their lives to the fullest! We know there is a huge demand for our services and we have full intentions to become a dominant player in the U.S. neo-banking sector.” Andrew Siden, CEO at Prepaid Ventures, comments on the partnership: "We are very excited to have been chosen by Plutus, an industry leader in the crypto distribution space. As both an innovator and a market leader, Plutus has carved out a considerable share of the crypto market. At PPV, we are perfectly built to support Plutus in bringing its solutions to the US and providing its customers with a dynamic and reliable platform customized to match Plutus' offering in the EU." "Our missions are well aligned and we look forward to a successful partnership with the Plutus team." Plutus recently experienced a huge surplus of card orders, issuing 6-months' worth of card stock in less than 6 days and ultimately running out of card stock. Now, 50,000+ users are signed up on a waitlist until cards return in stock. ● Join United States waitlist: www.plutus.it/unitedstates-waitlist ● Join UK/EEA waitlist: https://dex.plutus.it/info/download-apps For exclusive details, commentary, or interviews, contact press@plutus.it About Plutus Founded in 2015, Plutus disrupted the rewards card industry by creating the world's first crypto rewards token, Pluton (PLU). Customers earn 3-8% crypto rewards on all purchases and select up to 8 in-app Perks such as 100% back on Netflix, Spotify, and Prime - rewards come in the form of PLU. An accompanying bank-like app allows users to track their rewards and fiat balances. Plutus has converted 47% of MAU to paid subscription tiers due to the value of its rewards programme. Contact Details Plutus press@plutus.it
August 10, 2022 10:00 AM Eastern Daylight Time
News ReleaseBenzinga
Hector Network’s recent announcement that they are a champion partner of BVB, one of the most iconic and loved Bundesliga teams in Germany, is a massive achievement for the company. Founded in 1909, BVB boasts more than 10 million fans within Germany and, in addition, also looks to a rapidly growing fan base worldwide. The eight-time German champions and five-time DFB-Pokal winner was in 1966 the first German club to win a European Cup competition. BVB also became the first Bundesliga club to win the UEFA Champions League in 1997, followed by the Intercontinental Cup in the same year. With a turnover of over 400 million Euro, Borussia Dortmund nowadays is also one of the economically strongest football clubs in the world. Borussia Dortmund is an incredibly desirable partner with well-established stars playing every game, an enthusiastic fan base, and an internationally recognized brand! For Hector Network, the importance of this deal cannot be overstated. Live televised games, massive social media presence, and unparalleled visibility mean the partnership with BVB will catapult Hector Network beyond the crypto-community into mainstream recognition. The association also promises to open up a world of business growth opportunities for the company, broadening their networking sphere and giving them access to high-profile industry events. The team has already begun making connections, which will continue as the season progresses. Members of the Hector Network team recently had the privilege of touring the incredible stadium and meeting face to face with members of the BVB marketing team to finalize the partnership details. The experience of walking through the hallowed stadium was a true honor, and engaging with their BVB counterparts in person has inspired the Hector Network team, more than ever, to make the most of this exceptional opportunity. Hector Network will be bringing the BVB experience to their community as well! There will be ticket giveaways for every regular match this season, home game and away. Additionally, tons of giveaways for fans and community members for whom travel would be tricky, including merchandise, special events, unique personalized experiences, and so much more. Later in the season, there will also be some substantial grand prizes to be won! In the meantime, the Hector Network team is busy ensuring that every aspect of this partnership is maximized to its fullest potential. They will be focused heavily on community engagement and exposure. Hector Network is incredibly proud to join the BVB family, and they can’t wait to start interacting with the football team’s exceptionally dedicated fanbase What is Hector Network? Hector Network is an expansive decentralized ecosystem run by a utility token, HEC, and complemented by the TOR stablecoin. The company is committed to developing the future of web3 by pioneering decentralized offerings ranging from Tokenomics to Defi Gaming. Hector Network believes that crosschain expansion, lowering the barrier to entry and providing trusted sources for information are key in mass adoption of this technology.The relationship between HEC and TOR is very unique. When TOR was first introduced a portion of the coins used to mint TOR went to buy back HEC on the open market, which was then burnt, encouraging HEC into a deflationary token.By consciously reducing the circulating supply of the HEC token, through minting of TOR and other ways of burning, the Hector Network team was able to pivot and continue to expand, where many similarly structured DAO’s crumbled under the weight of inflating circulating supply and poor market conditions. To find out more about Hector Network, visit the official website: https://hector.network/ Telegram: https://t.me/Hector_Network Twitter: https://twitter.com/Hector_Network Discord: https://discord.gg/hector Instagram: https://instagram.com/hector_network Medium: https://medium.com/@Hector_Network Telegram Announcement: https://t.me/HectorNetworkAnn This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.hector.network
August 10, 2022 08:50 AM Eastern Daylight Time
News ReleaseG2M Digital
In March 2022, Streamflow Finance, leaders in Solana-based token vesting, approached us looking for a solution that could deliver a transparent, live understanding of the competitive landscape they were operating in. They wanted both the ability to develop and track specific KPIs as well as a simple way to answer ad-hoc data questions in order to make better business decisions. This proved to be an exciting challenge for the Datawisp team - our data exploration product had been live for two months and the Solana integration had barely been written a day earlier. We sat down with the Streamflow team and outlined a few important steps: Assess the token vesting competitive landscape Define the Key Performance Indicators (KPIs) to measure Gather the data Create the necessary outputs Ecosystem Landscape To make sure that the Datawisp dashboard gave an accurate representation of the token vesting market (as well as Streamflow’s position in that market), it was important to identify all the major players. After doing a little research, and from off-hand experience, Streamflow chose the top three competitors to include in the analysis. KPIs The next step was to identify which KPIs to use. After considering a number of data points, Streamflow decided to go with Total Value Locked (TVL) as the most impactful KPI. They concluded that measuring TVL was a robust KPI that encompassed healthy and meaningful usage by teams on Solana. Additionally, unlike in some other dApps where TVL is highly volatile, in token vesting TVL is sticky due to lengthy vesting schedules. Data Gathering After that, Streamflow used Datawisp to import all the relevant data: 1) transaction data from both, their contracts and competing ones and 2) market prices of each token in order to calculate TVL in USD. While data stored on a public blockchain like Solana is, in theory, easily accessible, Solana on-chain programs are compiled to Berkeley Packet Filter (BPF) bytecode and typically store their data in a binary format like Borsh. This makes it somewhat difficult to correctly import and display this data in an analytics platform. In Datawisp, all you need to work with data like this is a program address and - optionally - an IDL (Interface Description Language). The IDL describes how to decode those binary blobs back into meaningful data. For programs using the Anchor framework, the IDL can be stored directly on-chain. In that case, data can be imported directly. If no public IDL is available, Datawisp has an IDL editor that facilitates this step. One challenge the Streamflow team ran into was that one of the competitors had a lot of forks of their vesting smart contract which made it difficult to find all the relevant programs. To solve this, the Streamflow team built a Magnet CLI - an open-source tool that analyses the Solana chain and programs to check how similar they are to the referent program (if they’re a fork/redeployment). Once this was working they reviewed the output and gathered another 20 programs to add to the analysis. In addition to the contract data, the Streamflow team needed to import relevant token prices in USD in order to make an apples-to-apples comparison. Datawisp supports a variety of web3 and web2 sources. Initially this was done through our Google Sheets integration, although we eventually realized having this data pre-loaded into Datawisp would save Streamflow (and other customers) a lot of time. This dataset is updated hourly and available to all Datawisp users. KPI Creation Once Streamflow had all the necessary data and KPIs in mind, all that was left was to ‘build’ those KPIs in Datawisp. Datawisp works by connecting a series of blocks together that transform the data in some way; here you can see Datawisp adding a new column for each calculated field: Net deposited amount (tokens) * token price (USD) = Total deposited (USD) Withdrawn amount (tokens) * token price (USD) = Total withdrawn (USD) Total deposited (USD) - total withdrawn (USD) = TVL (total value locked) Streamflow did this for its data and that of all its competitors to create the necessary dashboard in Datawisp. Streamflow did this for its data and that of all its competitors to create the necessary dashboard in Datawisp. The results With the dashboard created, Streamflow could see that they had established a position as market leaders for token vesting on Solana. * Data as of August 5th, 2022 Data-driven approach With real-time reports on projects that use token vesting smart contracts on Solana, Streamflow has been able to measure critical data points such as: Time from TGE to the first token unlocks Average vesting contract duration Average value deposited per contract They have been using these insights to better understand their target customers and drive sales strategy - focusing on approaching customers with their token vesting offering at the right time in their lifecycle, and boosting sales and TVL. “Datawisp has really become an essential part of how Streamflow works with data, develops and monitors its internal and external KPIs, and sets its strategy.” -Angelo Boskovic, Head of Business Development, Streamflow Finance StreamFi Socials Twitter: https://twitter.com/streamflow_fi LinkedIn: https://www.linkedin.com/company/streamflow-finance/ Datawisp Socials Twitter: https://twitter.com/datawispio Linkedin: https://twitter.com/streamflow_fi Contact Details Streamflow Finance Angelo Boskovic +381 16 3228411 angelo@streamflow.finance Company Website http://streamflow.finance
August 10, 2022 07:05 AM Eastern Daylight Time
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