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Karma3 Labs Raises a $4.5M Seed Round Led By Galaxy and IDEO CoLab to Build OpenRank, a Decentralized Reputation Protocol

Karma3

Using OpenRank, developers and web3 companies can build consumer apps where people can discover, use, fund, read, or buy something on-chain without worrying about getting spammed or scammed. Karma3 Labs has raised $4.5M in seed funding led by Galaxy and IDEO CoLab Ventures to build OpenRank, a decentralized reputation protocol. Using OpenRank, developers and web3 protocols can power consumer apps, communities and marketplaces with an open ranking and recommendation layer that provides users with security and peace of mind when making decisions onchain, without having to trust centralized gatekeepers. Some of the early use cases of OpenRank include leveraging a community rating system for App Marketplaces like Metamask Snaps; Ranking and Recommendation APIs for Lens and Farcaster; On-Chain discovery feeds for consumer apps and wallets; and reputation-based voting and governance. Introducing trust and reputation mechanisms is critical to web3, just as it has been for web2, where there have been countless use cases in decentralized peer-to-peer utility. For example, Uber decentralized taxi services because of driver ratings; AirBnB decentralized hotels because of host ratings; eBay decentralized the shopping mall because of seller ratings; Reddit decentralized gated community forums because of user karma badges; Google allowed for the practical use of the decentralized web because of PageRank. However, none of these services were able to be fully decentralized because a single entity owned the reputation scores. To prevent centralized gatekeeping, there is a need for decentralized reputation mechanisms. Such reputation systems need to be open-source, permissionless, flexible to different contexts, and Sybil-resistant. OpenRank solves for this in web3, creating a decentralized reputation mechanism that sets the foundation for a future where peer-to-peer interactions and collective community intelligence power a decentralized web of trust, rendering centralized gatekeepers obsolete. The protocol aims for a scenario where Twitter’s Community Notes like system was possible, but not owned by a single company, openly and cheaply accessible to any developer, who could define their own algorithm of choice. "A decentralized internet characterized by fairness and transparency hinges on the existence of a robust reputation system," said Sahil Dewan, founder and CEO of Karma3 Labs. "We believe that on-chain social and consumer experiences will need a decentralized reputation protocol and we're excited to onboard builders and developers for OpenRank." OpenRank enables any developer to permissionlessly compute on Reputation Graphs for ratings, ranking or recommendation for their apps or communities. These graphs can be constructed using on-chain or any peer-to-peer social graph data. Using graph algorithms, like EigenTrust, the OpenRank will enable verifiable compute on these reputation graphs. OpenRank leverages zero-knowledge proving systems for running graph algorithm computations. Developers can use any on-chain data that suits their application context without having to worry about the cost or verifiability of computing on the data. Consumer applications and marketplaces will be able to integrate context-specific, native rankings and recommendations seamlessly. Moreoever, developers can also leverage rankings and reputation from other ecosystems and communities to bootstrap their own reputation system. OpenRank believes that a reputation compute layer in web3 would allow a broader range of useful applications, including those that resist cryptographic or game-theoretic mechanisms of trust. To achieve this, the team needs a system that is resilient to Sybil contexts, provides scalable compute and can be permissionlessly used by any developer. “OpenRank represents a pivotal advance in web3 social and on-chain interactions. We’ve seen the impact PageRank has had in web2 and there is a massive opportunity to build a similar reputation primitive on-chain,” said Mike Giampapa, General Partner of Galaxy’s venture team. “We’re excited for the future of Karma3 Labs and what they’ve built with OpenRank, and are proud to lead the company's seed round." The fundraise was led by Galaxy and IDEO CoLab Ventures, with participation from Spartan, SevenX, HashKey, Flybridge, Delta Fund, Draper Dragon, and Compa Capital. Angel investors from Xooglers Fund and veterans from Coinbase, ConsenSys, IPFS, along with Andrew Hong from Dune Analytics and Liang Wu from the Harvard Crypto Lab also invested in the seed round. The raise enables OpenRank to broaden adoption across early use cases and help launch protocol v1 for developers, ushering in a new era of permission-less and verifiable reputation computation. “Karma3 Labs and the OpenRank protocol for reputation and trust will enable radical innovation around choice, personalization and safety for a rapidly evolving internet. We are excited to see OpenRank already being implemented to enable open marketplaces, spam reduction and choose-your-own algorithms. This only scratches the surface of what's possible and we look forward to working with the Karma3 Labs team to bring these possibilities to life,” said Joe Gerber, Managing Director of IDEO CoLab. About OpenRank OpenRank is a decentralized reputation protocol founded by Karma3 Labs. OpenRank introduces decentralized reputation mechanisms that set the foundation for a future where peer-to-peer interactions and collective community intelligence power a decentralized web of trust, rendering centralized gatekeepers obsolete. With OpenRank, we can build a more reputable world. Contact Details Karma3 Labs Karma3 Labs Team hello@karma3labs.com

March 01, 2024 11:06 AM Eastern Standard Time

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Jewish News Syndicate Commentary: Anti-Defamation League ‘Smeared’ NLPC

NLPC

Elle Krasne-Cohen has come to the defense of National Legal and Policy Center in an opinion piece distributed by the Jewish News Service titled, “When Will the ADL Start Fighting Antisemitism on the Left?” She points to the Anti-Defamation League’s embrace of causes like Black Lives Matter and juxtaposes it with an incident closer to home for NLPC: More recently, the ADL smeared two mainstream policy organizations—the National Center for Public Policy Research (NCPPR) and the National Legal and Policy Center (NLPC)—accusing them without evidence of antisemitism. The ADL claimed that mere criticism of “globalism” or “globalist organizations,” including the antisemitic United Nations, is an “antisemitic dog whistle.” Krasne-Cohen continues: The NCPPR and NLPC are mainstream organizations, neither of which, to my knowledge, has displayed antipathy towards Jews or any other racial or religious minority. The smear was in the form of a posting on the ADL website on November 21 titled “Conspiracy Theories, Some With Antisemitic Roots, Crop Up in 2023 Shareholder Proposals.” The post appeared only six weeks after the October 7 Hamas terrorist attack, while antisemitic incidents and demonstrations were exploding worldwide. Why the ADL would devote time and resources to attacking NLPC, which has a long history of fighting antisemitism, was completely baffling to us. Equally baffling, the hit piece was dropped as the Thanksgiving holiday was getting underway. It was almost as if the ADL wanted the story out but didn’t want anyone to report it. The strategy, if it existed, worked because no one else covered it. Even more weirdly, the post itself carried this all-purpose disclaimer that tended to negate the impression that every other word of the post was calculated to create: At this time, there is no evidence to suggest that either organization’s agents espouse overt antisemitism, or that these proposals were filed with antisemitic intentions. So what is going on here? What was behind the attempted smear of NLPC and our ally, the National Center for Public Policy Research? Could it be that the ADL just doesn’t like us filing shareholder proposals, a form of activism dominated for many years by the Left? Krasne-Cohen and a number of other Jewish commentators and activists are making this case that the ADL, under the “leadership” of former Obama White House staffer Jonathan Greenblatt, has devolved into an ideological and partisan tool. ADL’s hit and run on NLPC was actually quite clever. Even if no one paid any attention to it when it was published, whoever wrote it (the piece is unsigned) sought to plant it on the internet for anyone to find for years to come. Any journalist seeking to discredit us can now simply describe NLPC as a “group that, according to the ADL, promotes antisemitic conspiracy theories.” It was a nice try but it is not going to work. NLPC’s track record of fighting antisemitism over many years is just too strong. Indeed, while the ADL has been sanitizing antisemitism by partnering with the likes of Al Sharpton, NLPC has been consistent, resolute and effective. To wit: Ben & Jerry’s - When the Unilever subsidiary Ben and Jerry’s announced in 2021 that it would end ice cream sales in “Occupied Palestinian Territory,” NLPC swung into action, launching the StopBenandJerrys.org website. In September 2021, NLPC filed a Complaint with the Internal Revenue Service (IRS) against Anuradha Mittal, the anti-Israel chair of the Ben & Jerry’s board of directors. A few weeks later, she was named 2021 “Antisemite of the Year” by the website StopAntisemitism.org. Mittal appeared to have violated laws governing self-dealing by acting as a trustee of the Ben & Jerry’s Foundation while approving donations to her personal nonprofit where she is executive director taking a full-time salary. Also, the president of Ben & Jerry’s charitable foundation, Jeff Furman, steered more than $100,000 of its funds to his own nonprofit organization. In the wake of October 7 Hamas attack, Flaherty wrote an op-ed titled, “Unilever, Ice Cream and Antisemitism.” Unilever Divestment - NLPC was a proponent of Unilever divestment efforts in New York, New Jersey, North Carolina and Virginia. From the September 16, 2021, New York Times: “We are doing this because somebody has to hold the independent board of Ben & Jerry’s accountable for their anti-Semitic use of their platform and company resources,” said Tom Anderson, a director of the National Legal and Policy Center. NLPC collaborated with activist investor Michael Asher in support of Unilever divestment by New York State and New York City. In Virginia, Flaherty met with State Attorney General Jason Miyares and urged him to seek divestment of state funds from Unilever. In North Carolina, NLPC asked Treasurer Dale Folwell requesting divestiture of Unilever holdings in public pension funds. Black Lives Matter & Patrisse Cullors - As a result of original NLPC research, Black Lives Matter Global Network Foundation co-founder Patrisse Cullors was forced to resign from the group in 2021. NLPC’s allegations, detailed in a Complaint to the IRS, related to her purchase of four pieces of real estate, and apparent self-dealing and inurnment. NLPC has also emphasized Cullors’ 2015 call at Harvard Law School for individuals to “step up boldly and courageously to end the imperialist project that’s called Israel.” NLPC was early in reporting about Black Lives Matter’s (BLM) links to anti-Israel groups. In 2016, Carl Horowitz, then a member of the NLPC staff, wrote a website post titled “Black Lives Matter Activists Join Anti-Israel Boycott.” Following October 7, NLPC asked Visa, Inc. to remove its BLM endorsement from its website and condemn Hamas and antisemitism. We had raised the BLM issue earlier in the year at the company’s shareholders’ meeting. NLPC had also raised the issue of Coca-Cola’s support for BLM at the company’s annual meeting. ADL’s Omar Resolution - NLPC has been a persistent critic of Reps. Alexandria Ocasio-Cortez, Ilhan Omar, and Rashida Talib. While we have cited financial irregularities in a Federal Election Commission complaint against Ocasio-Cortez and a House Ethics Committee complaint against Omar, NLPC has also criticized hostility to Jews by these members. In 2019, NLPC endorsed and publicized the ADL-initiated House resolution condemning Omar. See this op-ed titled “Antisemitism and Islamophobia: No Moral Equivalence” by Horowitz. Foreign Funding of U.S. Higher Education - The recent spate of on-campus antisemitic incidents has shed light an issue on foreign financial support for American colleges and universities, an issue that NLPC has investigated and publicized for several years. See this column by Charles Gasparino that extensively quotes NLPC Counsel Paul Kamenar. Al Sharpton - Whereas the present leadership of the ADL has sought to erase Sharpton’s past, NLPC will not forget his incitements in the 1991 Crown Heights riots, in which a Jew was murdered, nor will we forgive his dangerous statements, such as “If the Jews want to get it on, tell them to pin their yarmulkes back and come over to my house.” Sharpton was fined $285,000 in 2005 by the Federal Election Commission as a result of an NLPC Complaint for running an “off the books” presidential campaign. For several years, NLPC raised the issue of support for Sharpton’s National Action Network (NAN) at the shareholders’ meetings of American corporations, including PepsiCo, Anheuser-Busch and Colgate-Palmolive. Unlike the ADL, NLPC has never used the fight against antisemitism as a partisan weapon. In 2010, NLPC objected to the sponsorship of Sharpton’s National Action Network annual meeting by the Republican National Committee (RNC) and the participation of then-RNC Chairman Michael Steele. In 2009, NLPC asked former House Speaker Newt Gingrich to end his partnership with Sharpton in a campaign for “education reform.” That same year, NLPC criticized then-President George W. Bush for praising Sharpton. Jesse Jackson - In 2005, the New York Stock Exchange ended its financial support for Jackson’s Citizenship Education Fund, in response to a demand by NLPC that cited Jackson’s 1984 “hymie” and “Hymietown” comments, as well as financial improprieties involving the Fund. And if none of this is good enough for the ADL, it should be noted that NLPC has many Jewish supporters, including prominent individuals and former government officials, several of whom serve on the boards of local and national Jewish organizations. From 2001 to the time of his death in 2019, Edward M. Ackerman of Dallas was a key advisor and major donor to NLPC. His legacy is carried on today by NLPC and the Ackerman Center for Holocaust Studies at the University of Texas at Dallas. The ADL itself has partnered with the Ackerman Center. Founded in 1991, the National Legal and Policy Center promotes ethics in public life through research, investigation, education and legal action. Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 drene@nlpc.org Company Website http://www.nlpc.org

March 01, 2024 10:00 AM Eastern Standard Time

Nvidia Sees Trillion-Dollar Valuation, GameFi Cryptos Kangamoon, Floki Inu, and Apecoin Set To Rally

Kangamoon

Join Our Telegram Community: https://t.me/Kangamoonofficial Nvidia, a world leader in artificial intelligence (AI) computing, was recently valued at over a trillion U.S. dollars. This has significantly impacted the DeFi market and, in particular, GameFi cryptocurrencies. Now, projects like KangaMoon, Floki Inu, and ApeCoin are set to rally, and KangaMoon has already become one of the best-performing P2E games in 2024. DWF Labs Purchase $10 Million Worth of Floki Inu Tokens In the last 24 hours, Floki Inu (FLOKI) has increased in value by 21.50%. This surge comes following a Bitcoin rally, and an announcement by DWF Labs. The Web3 investment firm stated that it plans to purchase $10 million worth of Floki Inu tokens to help support the Floki Inu ecosystem. Since this announcement, Floki Inu’s daily trading volume has surged by 611%, taking Floki Inu’s daily trading volume to $234 million. Experts now predict Floki Inu could hit an all-time high during the next DeFi bull run. ApeCoin Active Addresses Hit a 6-Month High Since its initial launch in 2022, ApeCoin has faced significant resistance during a bear market. This market slowed ApeCoin adoption and caused some of the project's exciting features to fall short. However, ApeCoin is now bouncing back. Over the last month, ApeCoin has surged by 34.9%, and the project's ecosystem is rapidly growing. The ApeCoin DAO recently unlocked $26.05 million worth of ApeCoin, and three new proposals have been made in the ApeCoin DAO. According to on-chain metrics, active ApeCoin wallets have also doubled in the last 24 hours, peaking at 2,528, the highest level in six months. As investors continue to accumulate ApeCoin tokens, experts predict that APE could soar in 2024, potentially hitting a new annual high. KangaMoon (KANG) Impresses Crypto Experts During Its Presale KangaMoon continues to impress cryptocurrency experts with its strong presale performance. After selling out round 1 of its presale, KangaMoon’s price increased by 50% to $0.0075. This helped the project attract additional investors going into round two, which has already sold out 33% of the round's supply. KangaMoon is a new altcoin designed around social interaction. The project uses a social-fi model to actively promote collaboration with its ecosystem. Users will be rewarded for their social interactions, and will also have the opportunity to win rewards in weekly, monthly, and quarterly challenges. By promoting social interaction, KangaMoon aims to connect users, help investors build their networks, and create a DeFi ecosystem where everyone thrives. As part of this ecosystem, KangaMoon will offer a P2E game. The game will focus on tournaments and battles, rewarding competitors with $KANG tokens and other in-game items. Users will have the chance to bet on the outcome of events, helping them to maximize their returns. Investors who purchase $KANG during stage 2 of its presale will earn a 10% buy bonus. This will help them maximize returns, which, according to industry analysts, could go as high as 220% during the KangaMoon presale. KangaMoon: Outperforming The Altcoin Market KangaMoon is quickly gaining attention throughout the altcoin market. Its unique social-fi model helps it stand apart from other projects and has helped the project build a community of like-minded investors. As this community continues to scale, experts believe KangaMoon will soar. Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today! Website: https://Kangamoon.com/ Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards. Contact Details Kangamoon marketing@kangamoon.com Company Website https://kangamoon.com/

March 01, 2024 09:00 AM Central Standard Time

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Wormhole Enhances Connectivity with Bitget Wallet Integration

Bitget

Wormhole, a leading interoperability platform for multichain applications and bridges, has officially integrated support for Bitget Wallet on its website. This integration enables users to access Wormhole through the Bitget Wallet browser extension and app, facilitating token cross-chain transfers and connections to over 20 mainnets via the Wormhole bridge infrastructure. Alvin Kan, COO of Bitget Wallet, expressed his excitement about the partnership: “We are thrilled about our collaboration with Wormhole. As Bitget Wallet evolves into a super gateway for Web3, it’s increasingly becoming a prominent entry point for leading DApp applications, jointly offering users convenience at their fingertips.” Furthermore, Wormhole has been added to the DApp section of Bitget Wallet, allowing users to easily search for and access it on both the Ethereum and Solana networks. Bitget Wallet, supporting over 100 blockchains, provides comprehensive Web3 services across various sectors. The wallet’s integrated DApp Browser features more than 20,000 DApps in diverse sectors such as DeFi, GameFi, NFT, Bridge, Exchange, Mining, Tools, Social, and Loans. This integration offers users the convenience of switching mainnets within their preferred DApps and staying up-to-date with the latest and trending DApps through the dynamic “Hot Searches” feature. About Bitget Wallet Bitget Wallet stands as Asia’s largest and one of the world’s top non-custodial Web3 wallets, boasting over 15 million users globally. Featuring a comprehensive array of features including asset management, intelligent market data, swap functionality, launchpad, inscribing, DApp browsing, and more, Bitget Wallet promises users an unmatched multi-chain Web3 experience. Currently, Bitget Wallet supports over 100 blockchains, hundreds of EVM-compatible chains, and more than 250,000 cryptocurrencies. By aggregating liquidity across hundreds of leading DEXs and cross-chain bridges, Bitget Wallet is able to facilitate seamless and efficient trades on 40+ blockchains. For more information, visit: Website | Twitter | Telegram | Discord About Wormhole Wormhole is the leading interoperability platform that powers multichain applications and bridges at scale. Wormhole provides developers access to liquidity and users on over 30 of the leading blockchain networks, enabling use cases that span DeFi, NFTs, governance, and more. The wider Wormhole network is trusted and used by teams like Circle and Uniswap, and to date, the platform has facilitated the transfer of over 35 billion dollars through over 1 billion cross-chain messages. To learn more about Wormhole,users can visit the Wormhole website, Twitter, Discord, or blog. Contact Details Bitget Rachel Cheung media@bitget.com Company Website https://www.bitget.com/

March 01, 2024 09:46 AM Eastern Standard Time

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Registered Investment Advisors Contended with Increased Insurance Claim Payouts in 2023, Following 2022’s Broad Market Slump, according to Golsan Scruggs Data

Golsan Scruggs

Registered Investment Advisors (RIAs) contended with a 213% frequency increase in total errors and omissions liability claims paid by their insurers in 2023, as they faced a sharp uptick in investor complaints due to 2022’s broad market slump, according to proprietary data from Golsan Scruggs, the corporate insurance brokerage firm serving the financial services industry. The three-fold increase in claims paid overall is attributed to a 500% frequency increase in claims for suitability, primarily investor complaints that investments were not appropriate for their portfolios. Because suitability claims typically have higher payout amounts, the severity of all claims paid by insurance companies against RIAs rose 85%. “We know from experience that claims follow the market, so we expected to see an uptick in actions against RIAs and claims paid given the historically poor market environment in 2022,” said Kenneth Golsan, Co-Founder and Managing Director of Golsan Scruggs. “But the size and severity of claims paid should be a wake-up call to advisors that liability claims can have an impact on your business.” Wire fraud represented the second-largest category of claims paid in 2023. Wire fraud activity, which typically means defrauding a party using electronic communication, accounted for a 400% frequency jump in claims paid by insurers. Though investor-complaint results against FINRA-registered brokers are public, the outcomes of most actions taken against RIAs, who are regulated by the Securities and Exchange Commission, are confidential due to arbitration. That makes the claims data a rare snapshot into the risks and liabilities for RIAs in a given year. Other standard categories of claims under E&O policies remained largely flat. These include trade errors, regulatory actions, and cyber data breaches or ransomware claims. Interestingly, the experience of claims settled for RIAs failed to match what most advisors expected to be the biggest liability risks to their businesses. Nearly nine out of every 10 RIAs surveyed listed cyber/privacy data breach as their most pressing corporate risk in Golsan Scruggs’ 2023 RIA Risk Survey. The second-highest risk concern for RIAs was regulatory compliance/audit, followed by trade execution/errors. “Cyber and data issues are a concern because they represent a clear unknown risk for RIAs,” Golsan said. “Yet, the experience as shown in claims data shows that the breakdown in trust between advisors and their clients about their investments remains the greatest threat.” Claims data were drawn from Golsan Scruggs’ 2023 aggregated “insured risk pool” of 2,042 U.S.-based RIA firms, which had an average of $400 million in assets under management and a median of $200 million. The smallest individual risk, or firm, in the pool was $15 million, while the largest was $30 billion. All individual risks in the pool are independent, privately held firms. ABOUT GOLSAN SCRUGGS Golsan Scruggs is a corporate insurance brokerage firm serving the financial services industry. Our specialists operate throughout the United States and specialize in registered investment advisor (RIA), private equity/hedge fund, and mutual fund professional liability errors & omissions (E&O) insurance. As one of the largest insurers of RIA firms in the U.S., Golsan Scruggs employs a dedicated staff that understands the special risks of the financial services industry to achieve superior results, making the underwriting process painless. DISCLAIMER The material and information made available in this release or from our web site are for informational purposes only and not for the purpose of providing legal advice or insurance guidance. The application and impact of the issues can vary widely based on the specific facts involved. Given the changing nature of laws, rules and regulations, and the inherent hazards of the investment advisor’s fiduciary role, there may be omissions or inaccuracies in information contained within this report. While we have made every effort to ensure that the information contained within this report is reliable, Golsan Scruggs is not responsible for any errors or omissions, or for the results obtained from the analysis or use of this information. All information in this report is provided “as is”, with no guarantee of completeness, accuracy, timeliness or of the results obtained from the use of this information, and without warranty of any kind, express or implied, including, but not limited to warranties of performance, merchantability and fitness for a particular purpose. In no event will Golsan Scruggs, its related partnerships or corporations, or the partners, agents or employees thereof be liable to you or anyone else for any decision made or action taken in reliance on the information in this report, from our web site, or for any consequential, special or similar damages, even if advised of the possibility of such damages. It is incumbent upon the reader or user of the information to contact an attorney to obtain advice with respect to any particular question, issue or concern. Use of and access to this information or web site or any of the information contained within the site do not create a business relationship between the reader, user or browser. Contact Details Peter Page ppage@vocatusllc.com Company Website https://golsanscruggs.com/

March 01, 2024 09:45 AM Eastern Standard Time

Ecolomondo Performs Another Milestone with Two Simultaneous Batches in Full Automatic Mode at its Hawkesbury TDP Facility

Ecolomondo Corporation

Montreal, QC – TheNewswire - March 1, 2024 -- Ecolomondo Corporation (TSXV:ECM) (OTC:ECLMF) (the “ Company ” or “ Ecolomondo ”), a cleantech company that designs, builds, operates and commercializes Thermal Decomposition turnkey plants using its proprietary Thermal Decomposition Process (“ TDP ”) recycling technology, announces that it reached another milestone when it recently performed simultaneous batches of 16,000 lbs in each of its two reactors and in full automatic mode. This important step in the ramp-up of the Hawkesbury TDP facility confirms many key elements of Ecolomondo’s technology, in particular: the Company’s investments in the automation have led to process efficiency and ensure output optimization. The control system allows for the least amount of human interface and the total supervision of the entire TDP process and all process parameters of both reactors to produce batches of 16,000 lbs each, within the expected process timeframe of 8 hours. Click Image To View Full Size Since initial tests of reactors in January 2023, the Company continued to make extensive improvements and capital expenditures, all leading to greater efficiency of the plant overall. The Company improved the throughput of the tire shredding line, reactor evacuation and reactor loading, achieving the desired thresholds. Most capital upgrades have now been completed and the Company is now focusing on improving the recovered carbon black post-processing systems and its efficiency, working to achieve the required quality and output. The Company believes that the Hawkesbury plant is nearing the threshold of sophistication to process large quantities of end-of-life tires efficiently, to produce large quantities of sustainable recovered products (oil, gas, steel and recovered carbon black). The Company believes that its recovered end-products will be widely accepted by industry, in particular since its products have been ISCC certified. The Company believes that once fully ramped-up and commercially operational, the Hawkesbury plant will be a testimonial to an efficient and commercial TDP turnkey facility that the Company believes will bring more viability to TDP technology and help ramp-up the Company’s global expansion agenda. About Ecolomondo Corporation Ecolomondo Corporation is a Canadian cleantech company that prides itself after its proprietary Thermal Decomposition technology TDP which is headquartered in Québec, Canada. It has a 25-year history and during this time has been focused on its development of its technology and the deployment of TDP turnkey facilities. TDP recovers high value re-usable commodities from scrap tire waste, notably rCB, oil, syngas, fiber and steel. Ecolomondo expects to be a leading player in the cleantech space and be an active contributor to the global circular economy. Ecolomondo trades in Canada on the TSX Venture Exchange under the symbol (TSXV:ECM) and in the United States under the symbol (OTCQB:ECLMF). To learn more, visit www.ecolomondo.com About the Hawkesbury Plant – A 2-Reactor TDP Facility The Hawkesbury facility building is 46,200 sq.ft and has an impressive indoor clearance of 28 feet. It is state-of-the-art and houses 4 main production departments, tire shredding, thermal decomposition, recycled carbon black refining and oil fractionation. Once fully operational, this facility is expected to process 1.3M of scrap tires per year and produce 8.7M lbs of recovered carbon black, 34,608 barrels of oil, 2.9M lbs of steel, and 2.6M lbs of process gas. About the Shamrock Project – A 6-Reactor TDP Facility Processing capabilities for the Shamrock facility is projected at 5.5M per year of end-of-life tires, yielding approximately 35.1M lbs of recovered carbon black, 128,100 barrels of oil, 11.9M lbs of steel, and 10.6M lbs of syngas; roughly three times the size of the Company’s Hawkesbury (Ontario) plant output. Facility construction is expected to begin by the third quarter of 202 4 with completion expected by the end of the fourth quarter of 2025. Projected cost to build is approximately US $93 million. Our Mission, Vision & Strategy Ecolomondo’s mission is to be a contributing participant in a dynamic Circular Economy and to increase shareholder value by producing and supplying large quantities of recovered resources to be re-used in the manufacture of new products. Ecolomondo’s vision is to be a leading producer and reseller of recovered resources by building and operating TDP facilities, strategically located in industrialized countries, close to feedstock, labor and offtake clients. Our strategy is to become a major global builder and operator of TDP turnkey facilities, for now specializing in the processing of ELTs. Our intent is to expand aggressively in North America and Europe. Our experience and modular technology should help us get there faster and better. We plan to keep performing ongoing research and development to ensure that Ecolomondo remains technologically advanced. ISCC Certification A confirmation of the Company’s successful process lies in the recent International Sustainability and Carbon Certification (“ISCC”) for its Hawkesbury TDP facility, another step forward that should help improve demand for TDP. ISCC is a Global Sustainability Certification System and offers chain-of-custody certification systems to ensure traceability and feedstock identity, which can add commercial value to the Company’s end-products as they remain traceable in the supply chain. ISO Certification The Company has obtained ISO 9001:2015, ISO 14001:2015 & ISO 45001:2018 certification of its Integrated Management System (IMS), which acknowledges Ecolomondo’s commitment for quality, environmental impact and health and safety at work. Environmental, Social & Governance (ESG) On the social aspect the Company plans to measure global health and safety, injury rate and gender diversity, and finally in the corporate governance aspect, the Company is measuring ethics and anticorruption, ESG reporting and board independence. About TDP The TDP process is technically proven and more advanced than most other pyrolysis technologies. Over the years, our Technological teams were able to overcome all uncertainties that plagued most competitors especially in the s e areas: pre-filtration, reactor cooling, reactor rotation, water recycling, processing of rCB, (hydrocarbon removal), mass monitoring, heat curve development, humidity and water removal, safety testing, system automation, emissions control and monitoring. TDP is Environmentally Friendly – CO 2 Reduction By producing rCB, TDP reduces GHG emissions by 90% versus the production o f virgin carbon black. The production of rCB at the Hawkesbury and Shamrock facilities are expected to reduce CO2 emissions by 22,400 and 67,200 tons per year, respectively. Please follow Ecolomondo on Twitter, Facebook, LinkedIn, Instagram and YouTube. Twitter: https://twitter.com/EcolomondoECM Facebook: https://www.facebook.com/EcolomondoECM LinkedIn: https://www.linkedin.com/company/ecolomondo/ Instagram: https://www.instagram.com/ecolomondoecm/ YouTube: https://www.youtube.com/@Ecolomondo Ecolomondo Corporation Contact Eliot Sorella Chairman and Chief Executive Officer, Ecolomondo Tel: (450) 587-5999 esorella@ecolomondocorp.com www.ecolomondo.com Cautionary Note Regarding Forward Looking Statements The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward-looking statements. Although Ecolomondo believes that the expectations reflected in forward looking statements are reasonable, it can give no assurance that the expectations of any forward-looking statements will prove to be correct. Except as required by law, Ecolomondo disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

March 01, 2024 09:16 AM Eastern Standard Time

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Ondo USDY Treasuries Token Now Available on Sui

Sui

Ondo launches native access to tokenized real-world assets on Sui Sui, the Layer 1 blockchain that offers industry-leading performance and infinite scaling, has announced that Ondo Finance’s yield-bearing stablecoin alternative is now live on the network and available for immediate use by builders, developers and their end users. Ondo’s US treasury-backed and interest-bearing token, USDY, is the Sui Network’s first native dollar-denominated token. Ondo’s expansion to Sui offers key functionalities enabling builders and developers within the ultra-composable Sui ecosystem to create decentralized applications with significantly more features. Sui’s fast-rising DeFi TVL and volume, along with its adoption by leading projects, including some from other platforms, indicates a network that is experiencing growing demand for its next-generation financial applications. Ondo Finance is the third-largest platform bringing tokenized forms of real-world assets onto public blockchains with $185M in TVL. Ondo’s flagship Treasury-backed tokens and other tokenized real-world assets will create countless new opportunities for teams building on Sui. At inception, DeFi protocols with immediate integrations of USDY include Aftermath Finance, Cetus, NAVI Protocol, Typus Finance, Bucket Protocol, Turbos and KriyaDEX. “I am extremely excited to bring the unique benefits of Ondo’s treasury-backed, yield-bearing USDY token to the builders and developers on Sui,” said Ondo’s founder and CEO, Nathan Allman. “The combination of our technologies offers this group, which is already creating apps at the forefront of DeFi, a unique opportunity to leverage Sui to advance the industry even further.” The tokenized treasury-backed offerings that now live on the Sui Network represent tradable tokens backed by real-world assets, marking a significant step toward growing DeFi in the ecosystem and across the industry. “Sui’s rapid growth in decentralized finance, exemplified by the significant assets and projects coming to the ecosystem, is a clear illustration that the network is ready to incorporate the latest in tokenized real-world assets,” said Greg Siourounis, Managing Director of the Sui Foundation. “Having a version of Ondo’s USDY that is native to Sui will unlock exciting new opportunities for Sui’s builders and developers and new features for the users of their applications.” Contact Details Sui Team Sui Foundation media@sui.io

March 01, 2024 09:00 AM Eastern Standard Time

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News Release

Bitcoin Dogs ICO Raises $5.7 Million, Pioneering BRC-20 and Bitcoin Gaming

Bitcoin Dogs

The Bitcoin Dogs presale for the first-ever coin on the Bitcoin blockchain has now raised a total of $5.7 million since the 14th of February. The world’s first ICO on BRC-20, Bitcoin Dogs, has 14 days until the presale closes. The growth of the Bitcoin Dogs community is showing no signs of slowing down. Across its core social channels, the following has broken the 100k mark, with over 110k followers on Twitter and over 19k in the official Telegram group. The Bitcoin Dogs team is all about breakthroughs using the OG chain, and the developers are experimenting with BRC-20 and Ordinals code to bring the best possible gaming experience to the world’s biggest blockchain. Bitcoin Dogs targets $1 billion with GameFi and Ordinals fusion The world of GameFi came to Bitcoin Ordinals in 2023, with GameFi predicted to be worth $90 billion by 2031. Bitcoin Dogs is similar to Axie Infinity in that it involves raising digital pets, play-to-earn (P2E) mechanics, as well as player-vs.-player battles, the main difference being that Bitcoin Dogs’ retro design and the game are both directly tied to the king of all blockchains. Implementing tried and tested gameplay that the market loves, alongside innovations like the Bitcoin Ordinals NFT collection that’s soon to launch, all set out a clear path to $1 billion. Building on Bitcoin, done better There are challenges to making GameFi work on Bitcoin, but Bitcoin Dogs has plenty of clever tricks to get around them. For one, the immutability of the chain comes at the expense of speed and convenience, so other projects have chosen less secure chains to call home. Bitcoin Dogs solves this dilemma using hybrid and off-chain architectures to keep things running smoothly. All assets (that’s dog NFTs, in-game currency, and marketplace activity) are stored on the Bitcoin blockchain to ensure maximum security. This is exactly what Ordinals was made for. But to make the game ultra-playable for the community, everyday stuff happens off-chain. That means the dog breeding, races, and social activity don’t need to wait for confirmations, and Bitcoin blocks don’t get filled with too much data. The game runs faster, and there’s less congestion on the network. Going forward, the team is looking for ways to make the gaming experience even better without sacrificing the permanence the users all love about Bitcoin. Cross-chain interoperability is one option: the complicated stuff can happen on chains built for dApps, while assets are stored on BTC. Layer 2 options are being looked at, too. Layering protocols like Stacks are great for building at scale on Bitcoin, and rest assured that the Bitcoin Dogs team is exploring every avenue to keep things both smooth and secure as the community grows. 0DOG is currently in stage 6 out of a total of 10. There are 14 days to go as it ends on the 15th of March. 0DOG is currently priced at $0.0281 and is available on the official website. About Bitcoin Dogs Bitcoin Dogs is breaking new ground in the Bitcoin ecosystem. For the first time ever, NFTs, gaming, and new token types come together to offer the first ICO on the original Bitcoin blockchain. The truly permissionless immutability of Bitcoin is being harnessed to create the 0DOG token, while a play-to-earn (P2E) gaming experience and NFT collection are being developed exclusively for 0DOG holders. For more information about Bitcoin Dogs (0DOG), users can visit the website. Website | Whitepaper | Socials Bitcoin Dogs is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. Contact Details Bitcoin Dogs Team Bitcoin Dogs Team marketing@bitcoindogs.club

March 01, 2024 08:59 AM Eastern Standard Time

Entre Mujeres LIVE! Launches The Compass Society, Elevating Latina Entrepreneurs

Entre Mujeres LIVE!

Entre Mujeres LIVE!, the acclaimed bilingual event series known for its commitment to empowering Latina entrepreneurs in the US, is thrilled to announce its latest innovation: The Compass Society. This new, exclusive membership community is tailored specifically for Latina entrepreneurs who are bilingual and seeking opportunities for growth, learning, and collaboration. The inaugural event for The Compass Society is set to offer an intimate learning experience for a limited group of 40 attendees, featuring workshops, networking, and a marketplace, all culminating in an exquisite brunch. This unique event will take place at the Serena Hotel in Aventura, aligning with Women’s History Month, and is proudly presented in partnership with Genesis Motor America. Event Highlights: • Date & Time: March 6, 2024, 10:30 AM – 2 PM ET • Venue: SERENA Hotel Aventura, a distinguished Tapestry Collection hotel by Hilton Featured Workshop: The premiere session, “Discover the Secret Path to Double Your Sales,” led by Solangelie Molina, a seasoned digital strategist and television producer, is designed specifically for Spanish-speaking entrepreneurs. This workshop will delve into strategic sales planning, leadership, and overcoming growth-related challenges. Networking Brunch: A delightful brunch awaits attendees, providing an ideal setting for building meaningful connections with fellow entrepreneurs. Marketplace Showcase: Discover products and services from women-led businesses and new Compass Society members in a specially curated marketplace. Why The Compass Society? Entre Mujeres LIVE! is rooted in its mission to support immigrant women by offering a platform for resources and inspiration as they transition to life in the United States. The founders, Cristy Clavijo-Kish, Michelle Rodríguez-Tápanes, and Anabelle Blum, recognize the need for Latina entrepreneurs to develop critical business skills. The Compass Society’s custom programming focuses on in-depth topics with ample time for strategic networking and showcasing products at the marketplace. “With approximately 5 million Latino/a-owned businesses in the U.S. generating over $800 billion annually, our community is experiencing significant growth,” the founders share. “The Compass Society aims to support this vibrant sector by providing at least three tailor-made workshops this year, alongside our annual conference. This initiative is a testament to our dedication to serving Latina entrepreneurs, particularly those who prefer to think and operate in Español.” Secure your spot: Availability is limited for this exclusive event. To secure your place and learn more about The Compass Society and its offerings, please visit entremujereslive.com. Entre Mujeres LIVE! is not just an event; it’s a movement. Join us as we continue to empower Latina entrepreneurs, fostering a community of growth, learning, and success. About Entre Mujeres LIVE! The founders of Talento Unlimited – an award-winning, Latina-led boutique content marketing and talent management media company, partnered with Latina TV Host and expert lifestyle content creator Anabelle Blum to launch ENTRE MUJERES LIVE! in 2023 as a new venture producing dual-language events that allow attendees to Learn, Influence, Visualize, and Engage as a community through a curated agenda of conversation and educational moments. Following its successful, sold-out inaugural event in June and subsequent Wellness Luncheon in November, the trio is rapidly expanding new programming experiences and content campaigns under the Entre Mujeres LIVE! brand centered around crucial themes for Latina entrepreneurs and business managers. For more information and sponsor partnership opportunities visit the event website at: https://entremujereslive.com or contact team@talentounlimited.com via email. About Genesis Motor America At Genesis, we put the customer at the center of every decision we make. Genesis is a global automotive brand that delivers the highest standards of performance, design, safety, and innovation while looking towards a more sustainable future. Genesis designs customer experiences that go beyond products, embodying audacious, forward-thinking, and distinctly Korean characteristics within its unique Athletic Elegance design identity. With a growing range of award-winning models — including G70, G80, and G90 sedans, along with GV60, GV70, and GV80 SUVs — Genesis aims to lead the age of electrification, starting with its Electrified G80, GV60, and Electrified GV70 models. Genesis has stated its commitment to becoming an all-electric vehicle brand by 2030 and to pursuing carbon neutrality by 2035. www.Genesis.com Follow Genesis Motor America on: Facebook | Instagram | LinkedIn | TikTok | YouTube Contact Details Cristy Clavijo-Kish cristy@talentounlimited.com Company Website https://entremujereslive.com/

March 01, 2024 08:54 AM Eastern Standard Time

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