All Industries

Fintech platform Xalts to build “Plaid for trade” as it acquires Contour Network from consortium of global banks

Xalts

Accel and Citi Ventures-backed fintech Xalts, which is used by financial institutions and businesses to build and manage digital finance applications, has today announced its acquisition of Contour Network, owned by a consortium of global banks, to accelerate digitisation in trade and supply chain finance. Contour started in 2017 as a pilot by eight global banks including HSBC, Standard Chartered and BNP with a focus to digitize trade. Currently, over 22 banks and 100+ global businesses like Tata Group and Rio Tinto use Contour for digital trade finance solutions. Xalts, which is used by institutions to build multi-party applications for digitisation and tokenization, plans to leverage Contour’s industry standard workflows and integrations to facilitate communication and transactions between businesses and financial institutions in the network. In 2023, global trade reached over $30 trillion. However, according to QED Investors, the digitization of global trade remains relatively minuscule, with less than 1% currently conducted digitally. Due to the complexities and different regulations involved in cross-border trade, a single transaction may require up to 50 sheets of paper that are exchanged with up to 30 different stakeholders including importers, exporters, banks, logistics companies and customs. As global trade goes from strength to strength and traditional supply chains reorganize, Xalts is taking inspiration from Silicon Valley startups like Plaid and Stripe to accelerate digitisation in trade & supply chain finance. Ashutosh Goel, CEO of Xalts commented: “We want to create a Plaid for Trade. Our vision is to expand the scope of Contour’s network which is trusted by banks and corporates, and build it into a rail that enables businesses to access digital solutions for trade and supply chain finance offered by banks, fintechs and technology partners. Combining our platform with Contour’s Network will allow participants to develop and deploy customized solutions quickly”. The initial focus for Xalts will be on embedded solutions for trade and supply chain finance. These will enable banks, logistics companies and technology companies to offer integrated solutions to businesses, using a single platform. Many global and regional banks have been making a push for deeper integrations with their clients and global platforms. In 2023, HSBC had announced a JV with Tradeshift to create embedded finance applications. “Our platform also enables institutions to build new innovative applications and products by leveraging blockchain and tokenization. We partner with leading blockchains and integrate with multiple infrastructure providers to help our clients build tokenization applications.” said Supreet Kaur, COO of Xalts. “Contour will also enable network members to work with us to launch applications in this space”. Xalts was founded in 2022 by Ashutosh Goel and Supreet Kaur, former senior executives at HSBC and Meta. Currently with a team of over 50 across offices in Singapore, Hong Kong, India, UAE and UK, Xalts counts large financial institutions, regulatory bodies and technology companies as its clients. Abhinav Chaturvedi, Partner, Accel added: “Accel has backed innovative companies globally in this space. Xalts has demonstrated that they have the right vision and a team that can execute at a global scale very quickly.” “Citi has long been a leader in driving innovation in financial services. We invested in Contour in 2020 and led the seed round for Xalts in 2022. The combination of these two companies into one firm with an expanded vision and a great leadership team will accelerate innovation in global trade finance.”, said Everett Leonidas, Director, Citi Ventures. Carl Wegner, who was the CEO of Contour Network prior to this acquisition is expected to take a senior leadership role at Xalts. “I am really proud of what Contour has been able to accomplish in such a short time. The vision that Xalts has for Contour’s future turbocharges its strengths and addresses key client needs.” About Xalts Xalts was founded in 2022 by former HSBC and Meta executives, Ashutosh Goel and Supreet Kaur, and are backed by Accel and Citi Ventures. The company has offices in Singapore, Hong Kong, India, UAE and UK. To learn more about Xalts, visit https://xalts.io/ Contact Details Xalts Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.xalts.io/

February 20, 2024 02:48 AM Eastern Standard Time

Image

Lindian Resources makes high-grade REE discovery

LINDIAN RESOURCES LIMITED

Lindian Resources Ltd (ASX:LIN) CEO Alistair Stephens joins Jonathan Jackson in the Proactive studio to talk us through a new high-grade rare earth elements (REE) find at the Kangankunde Project in Malawi. The company identified high-grade carbonatite REE outcrops north and south of the Kangankunde resource following geological mapping and rock chip sampling. The peak assays from North Knoll included 7.15%, 5.15% and 4.69% total rare earth oxides (TREO). Stephens also discusses the company’s focus on advancing the stage-1 mine development and processing plant. Investors can expect plenty of newsflow in the coming months. Stephens said: “These results are highly encouraging and clearly demonstrate the capability to extend mineralisation north and south of Kangankunde and that the mineralised system across our project is much broader and much deeper than currently defined by Kangankunde’s Central Carbonatite. "As such, more extensive exploration including low-cost drilling of the North and South Knoll is eventually warranted.” Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

February 19, 2024 04:30 PM Eastern Standard Time

Video

AuKing Mining plans uranium drilling at Mkuju

AuKing Mining Ltd

AuKing Mining Ltd (ASX:AKN) CEO Paul Williams joins Proactive’s Jonathan Jackson to discuss the work being done at the Mkuju Uranium Project in southern Tanzania. An extensive phase-2 drilling program is being planned, encompassing 75 holes and spanning 11,000 metres through aircore and reverse circulation techniques. The program follows a phase-1 program, where it identified several key target areas for the proposed drilling, which is set to start in late May, following the end of the wet season. The program aims to further explore and expand on the significant uranium mineralisation areas discovered during the initial stage of activities. Williams explains the company has put out a tender, required under Tanzanian law, to be called from drilling service companies. He also discusses the broader plans of the company across its diversified gold, copper and uranium portfolio. “The work we carried out last year in the Stage 1 program identified several key target areas for the proposed drilling,” Williams said. “Under local content rules in Tanzania a tender is required to be called from drilling service companies and that process has now commenced.” Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 Jonathan@proactiveinvestors.com

February 19, 2024 04:15 PM Eastern Standard Time

Video

How High Can Bitcoin (BTC) Go This Year? Pullix (PLX) Completes Development of Trading Platform Ahead of Token Launch

Pullix.io

As Bitcoin (BTC) surges through the $50,000 level, the community speculates how high the cryptocurrency can go this year. But the prospect of a new ATH isn't the only exciting news in the crypto world — Pullix (PLX) has just completed the development of its highly anticipated trading platform, setting the stage for its upcoming token launch. Let's dive into both topics and explore what they mean for the future of crypto. $50,000 Breakthrough: Analyzing Bitcoin's Momentum Bitcoin has rallied from the 2023 lows of under $15,000 to over $52,000 today as investor confidence soars. Such a dramatic climb has many wondering if Bitcoin can continue its ascent and break new records in 2024. It's worth pointing out that a 33% gain from today's price would push it over an all-time high of around $69,000. With a 15.30% in the last week alone, many experts believe Bitcoin could easily surpass these levels in the coming months. The Bitcoin surge in the last year can be attributed to the SEC's approval of a Bitcoin ETF, with roughly $250 million daily inflows into the fund. Such significant demand, combined with the limited supply of Bitcoin, is driving prices higher weekly. While the ETFs are incredibly bullish, other factors favor Bitcoin's long-term growth. For instance, the upcoming Bitcoin halving in 2024 is set to reduce the miner reward from 6.25 BTC to 3.125 BTC per block, which would further decrease the coin's supply. Moreover, Bitcoin is being increasingly viewed as a hedge against inflation and an alternative to traditional assets like gold. Larry Fink, CEO of BlackRock, recently stated that " Bitcoin is digitizing gold " and sees cryptocurrencies as a hedge against the devaluation of FIAT currency. With all of these bullish indicators, many experts predict that Bitcoin could reach anywhere between $100,000 ($2T market cap) to $300,000 this year ($6T market cap). Gold has a market cap of $13.50T, so if Bitcoin were to surpass $300,000, its market cap would be less than 1/4 of gold's. Pullix (PLX)'s Hybrid Exchange Model Pullix's platform is designed to bridge the gap between decentralized and centralized trading. It offers a hybrid exchange model that promises enhanced liquidity, superior security measures, and a user-friendly experience that doesn't compromise the autonomy of decentralized trading. One of Pullix's standout features is its non-custodial approach, ensuring that users retain control over their private keys and, by extension, their assets. There's also KYC-free trading, meaning users can start trading immediately without a lengthy verification process. Another benefit to using Pullix is the huge array of assets available for trading. While Binance and Coinbase offer cryptocurrencies, Pullix offers forex, stocks, ETFs, commodities, and more. This variety of options makes Pullix an all-in-one trading platform for beginners and experienced traders. The PLX Token Presale Opportunity The PLX token is set to redefine the utility of exchange tokens by offering "Trade-to-Earn" rewards, governance participation, and a share in the platform's revenue. This innovative approach incentivizes trading activity and aligns users' interests with the platform's success. The completion of Pullix's platform development comes at a crucial time when the crypto market is ripe with speculation about Bitcoin's potential highs this year. As new investors arrive in the market, Pullix's hybrid exchange model stands out above traditional centralized exchanges and decentralized protocols. The ongoing PLX token presale offers early adopters the opportunity to secure discounted tokens at just $0.14 before they are listed on exchanges. With a live platform demonstration available to the public, two trading licenses obtained and listings on both Bitmart and Uniswap, Pullix has the potential to become the next 100x token in 2024. For more information regarding Pullix’s presale see links below: Visit Pullix Join The Pullix Communities Pullix is a new DeFi protocol that is launching a hybrid exchange that will seamlessly blend the strengths of centralized and decentralized exchanges into one unified platform. Serving as the pioneer of “Trade-to-Earn” our native token $PLX empowers the community to earn a portion of the daily revenues generated by the exchange. Contact Details Pullix Pr Team contact@pullix.io Company Website https://pullix.io/

February 19, 2024 10:00 AM Central Standard Time

Image

Buy Signals Emerge for Bitcoin (BTC) and Ethereum (ETH), As KangaMoon (KANG) Accumulation Continues

Kangamoon

Ethereum (ETH) has formed a large ascending channel over the past year and has recently retested the higher boundary of the channel. This can result in a more significant upswing, assuming it manages to break above a significant price barrier. Bitcoin (BTC) could soon experience a major upswing as well based on the latest on-chart metrics. KangaMoon ( KANG ) is a memecoin currently in its blockchain ICO period that has captured significant buying attention from traders and investors. KangaMoon (KANG) Hottest Memecoin in 2024 KangaMoon (KANG) is an upcoming DeFi project whose main goal is to establish a community for meme enthusiasts. Through its ecosystem, players will be able to engage in fun-filled activities and access competitions to earn rewards and win prizes. Every challenge provides users with the opportunity to earn, and as they rack up victories, they can win prizes and earn rewards. KANG holders will not need to wait until the launch of the project to begin earning KANG tokens and win prizes. Moreover, the holders can take advantage of a unique Social-Fi model, through which they can get extra tokens just by competing in weekly, monthly, and quarterly challenges and special giveaways. Those who are not interested in participating in battles can also spectate and bet on the outcome of the battles, and they will be able to win prizes. Alongside thrilling gameplay, KangaMoon will offer other opportunities for earning and will feature a dedicated marketplace. Bitcoin (BTC) Climbed 84.5% YTD – Price to Move Above $72K in 2024 Bitcoin (BTC) could soon experience a price increase based on its recent price performance, The cryptocurrency is up 84.5% year-to-date (YTD), and a thorough examination of the chart reveals that the temporary halt in the Bitcoin price performance could result in a pivotal support range, indicated by the middle boundary of the ascending channel in the crucial 200-day moving average. This support prompted an uptick in the Bitcoin crypto demand, which can lead to an uptrend retracement. With the strength of this support range and the possible presence of substantial demand, it is anticipated to act as a catalyst for buyers in the long term. According to the Bitcoin price prediction, it can end 2024 at $72,814.39. Ethereum (ETH) Finds Support at $2,300 – How Far Can It Go? Ethereum (ETH) is now experiencing a major point of volatility as its market capitalization could be in a declining period soon. Yet, it has seen a total climb of 45.2% in the past year, showcasing that the Ethereum price has the potential for further growth. According to the altcoin’s on-chart metrics, the crypto managed to climb from $2,186.24 to a maximum value of $2,379.82. Additionally, the Ethereum crypto is just 52.6% under its all-time high point, indicating that it has the potential to recover even in the short term. According to the Ethereum price prediction, it can reach $3,694.71 by the end of 2024. Summary Bitcoin is the largest cryptocurrency by market cap and if it surges in value, this can result in an overall spike across the broader industry. Ethereum is also recovering well, and while it did stagnate at its support line, there is potential for growth. Yet, all of the attention is heading towards KangaMoon, as the project just started Stage 22 of its presale. Here, it trades at just $0.0075. However, at launch, analysts project a price increase of 100x, making it the hottest memecoin to get into in 2024. Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today! Website: https://KangaMoon.com/ Join Our Telegram Community: https://t.me/KangaMoonofficial Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards. Disclaimer: The following disclaimer is important to read and understand before engaging with Kangamoon, a play-to-earn meme coin. By accessing or participating in any activities related to Kangamoon, you acknowledge and accept the terms outlined below: 1: No Financial Advice: The whitepaper and any associated content do not constitute financial advice, investment recommendations, or solicitation to purchase Kangamoon tokens. The information provided is for informational purposes only. It is your responsibility to conduct thorough research and seek professional advice before making any financial decisions. 2: Volatility and Risks: Cryptocurrencies, including Kangamoon, are volatile and subject to significant price fluctuations. Investing in or holding Kangamoon tokens involves substantial risks, including the possibility of total loss. Past performance is not indicative of future results. 3: Regulatory Compliance: The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Kangamoon. 4: Uncertain Market: The market for meme coins and play-to-earn platforms is highly speculative and subject to rapid changes. There is no guarantee of market demand, liquidity, or utility for Kangamoon tokens. Token values may fluctuate drastically and may not reflect the intrinsic value of the project. Contact Details Kangamoon marketing@kangamoon.com Company Website https://kangamoon.com/

February 19, 2024 09:00 AM Central Standard Time

Image

Price Rally for Cardano (ADA) and Uniswap (UNI) Signals the Start of Alt Season, Everlodge (ELDG) Prepares for Tier-1 Listing

Everlodge

Several tokens in the crypto market are experiencing bullish sentiments, which experts believe could be the start of the alt season. Some of these tokens on a rally include Cardano (ADA) and Uniswap (UNI). Meanwhile, following the end of the Everlodge (ELDG) presale, the token has been listed on Uniswap and looking forward to listing on other tier-1 exchanges. Its surging momentum has put it on the investor's list of top cryptos to invest in 2024. Everlodge (ELDG) Continues its High Sales Despite Conclusion of its Presale Phase Everlodge (ELDG) has continued to see a significant uptrend in the number of investors buying the token on Uniswap. As a result, the Everlodge project is looking to expand its reach by listing on other mainstream tier-1 exchanges in the coming months. Meanwhile, the increased buying by investors is tied to ELDG's massive potential for growth. Having already generated up to 190% ROI for early investors, ELDG is on course to oversee over 350% growth within the year. This makes ELDG one of the top cryptos to invest in 2024. For context, Everlodge is a platform that's looking to positively change the way individuals invest in real estate assets by making them affordable, secure, and profitable. To achieve this, Everlodge has created fractionalized NFTs, which are backed by multimillion-dollar real-world property assets from across the globe. As such, investors who buy these cheap fractionalized NFTs will co-own parts of luxury properties and benefit from the revenue that the properties will generate. With as little as $100, investors can purchase the NFTs that represent these properties. With this investment model, individuals will not need exponential capital before they can invest in real estate. As the value of these properties increases so will the NFT values increase. Meanwhile, the ELDG native token of the Everlodge ecosystem has been making waves in the market, having just concluded its presale phase. With its massive growth potential, investors are buying more ELDG to position for the potential price gains coming soon. At the price of only $0.022, ELDG represents one of the top cryptos to buy now for massive gains in 2024. Positive Price Trajectory for Cardano (ADA) Despite Dwindling Trading Volume Cardano (ADA) is on another round of bullish rallies, having witnessed a retracement in January. While the token has been on a rally in the past week, the Cardano trading volume has been on a negative growth in the same timeframe. For context, the price data from CoinMarketCap shows that Cardano has gained up to 10% within the last week. Meanwhile, the trading volume has been on a 30% decline on a day-to-day average since last week. While the declining market activity is a factor that might impede the growth of Cardano, experts believe the bullish momentum of the token will persist for the time being. As such, experts are predicting a 50% ROI from Cardano tokens before the end of Q2 of 2024. Will Uniswap's (UNI) Current Bullish Sentiment Propel it Above the Resistance Level? The price value of Uniswap (UNI) has been on a significant uptrend trajectory since the start of February. According to the market stats, Uniswap has gained over 16% in price value within the last week. This puts the token on the verge of matching its year-to-date price peak of $7.8, which it attained on December 29th, 2023. Meanwhile, the Uniswap trading volume has been on a decline in the past 7 days, thereby arousing fears of a potential bear trend for the token. Nonetheless, experts believe it is only a matter of time before the Uniswap token surpasses the $8 resistance level. For more information about Everlodge (ELDG) please visit their website. Everlodge provides you with a seamless approach to fractional investing in vacation rentals, eliminating the complexities associated with traditional real estate investment. Our innovative platform revolutionizes the way people invest in second homes. Disclaimer: Digital currencies may be unregulated in your jurisdiction. The value of digital currencies may go down as well as up. Profits may be subject to capital gains or other taxes applicable in your jurisdiction. Contact Details Brett admin@everlodge.io Company Website https://everlodge.io/

February 19, 2024 09:00 AM Central Standard Time

Image

Mask Network and its Bonfire Union funds hits $100 million milestone to further support decentralized social protocols

Mask Network

Mask Network(Mask), the leading decentralized social network protocol, has announced it will launch the second fund of its venture arm, the Bonfire Union, marking a total of US$100 million for two funds since its establishment in 2022. The goal of Bonfire Union’s is to strategically invest in decentralized social networks and infrastructure. To date, more than 120 projects have joined the Mask Network ecosystem under the banner of Bonfire Union, including some of the fastest growing Web3 projects such as RSS3, Lens, and Scroll. “Mask Network has been actively contributing to and supporting the decentralized social network community through a series of grants and donations,” says Suji Yan, the founder of Mask Network. “With the new fund, more initiatives can get our support.” Founded in 2017, Mask aims to build a user-friendly bridge from Web 2.0 to Web 3.0 decentralized apps. It has grown into a Web3 social conglomerate investing and building decentralized social apps, developer tools, protocols, and creative content to empower more people joining the Web3 world. The Mask team runs the largest collection of Mastodon instances, with more than two million users. In November 2023, Mask Network’s affiliate Sujitech LLC donated US$100,000 to Mastodon, the largest single donation that the non-profit decentralized social media platform has received to date, according to Mastodon CFO Felix Hlatky. Mask has launched 3 rounds of the Web3 Social Ecosystem Grant since 2021, supporting about 100 projects with excellent Web3 innovations. In December 2023, Mask established a non-profit entity, Mask Network Academy, which provides financial and technological support to the world's top universities and journalism programs, with the goal of promoting Web3 research and story-telling. Furthermore, Mask Network and its social aggregator app, Mask X -Firefly App (Firefly), have jointly launched a US$10 million builder initiative dedicated to further accelerating the development of all decentralized social protocols through subsidy. Mask launched Firefly as a social aggregator app for Web3 natives. In April 2023, Mask made its first significant acquisition with the team behind RARA, a social curation protocol for NFTs. “Mask is one of the few teams who are thinking about how big Web3 can really be, “said Lawson Bae, Founder of RARA and Head of Growth at Firefly. “The time is ripe for more talented and dedicated innovators to come together and build Decentralized Social for the future,” says Suji Yan, the founder of Mask Network. With the newly established US$10 million Decentralized Social Initiative, Mask Network and Firefly are calling for decentralized social protocols and builders worldwide to join the cause of building a truly free and open Internet. About Mask Network Mask Network is a leader in the vibrant decentralized social network ecosystem. In 2019, Mask extension started supporting Twitter users with secure, decentralized social messaging, payment networks, file storage and sharing upon the current mainstream social media networks. With its venture arm, Mask strategically invests in decentralized social networks, infrastructure, and creative contents with the goal of making Web3 more accessible to all. Learn more at mask.io. Media inquiry: media@mask.io Contact Details Media Contact media@mask.io Company Website https://mask.io/

February 19, 2024 09:00 AM Eastern Standard Time

Roberts & Ryan Inc., America's first Service-Disabled Veteran-Owned (SDVO) broker-dealer, is pleased to welcome Andrew Reynolds as Senior Director of Equity Trading.

Roberts & Ryan, Inc.

Andrew Reynolds joins Roberts & Ryan as Senior Director of Equity Trading and has more than 30 years of experience in equity trading, capital markets, portfolio management, options & derivatives, sales & business development, investor relations, and corporate compliance. Prior to joining Roberts & Ryan, Mr. Reynolds was Head of Equity Trading and a Registered Principal at Tullett Prebon and KCCI Ltd. Before that, he was Head Trader and Floor Broker at Tradition North America and R.J. Murphy & Associates. Prior to that, he was Head Trader at Preferred Technology. Mr. Reynolds began his career as an Options Clerk at Pershing, LLC. “Andrew brings extensive experience in equity trading and represents Roberts & Ryan’s commitment to providing best in class service and execution,” said James McDevitt, Roberts & Ryan’s Senior Director of Equity Sales and Trading, Capital Markets. “He will be a tremendous advocate for our social mission of supporting veterans and their families. I’m very excited to have him join our team.” Mr. Reynolds is a member of the Securities Traders Association (STA), the Securities Traders Association of New York (STANY), Philadelphia Traders (ITAP), and the National Investor Relations Institute (NIRI). He holds SIE and FINRA Series 7, 24, 25, 55, 57 & 63 licenses. Mr. Reynolds served as a Technical Warfare Specialist, Team Leader, and Group Leader in the 25 th Infantry Division of the United States Army and is a graduate of Archbishop Ryan in Philadelphia. About Roberts and Ryan, Inc. Roberts & Ryan, Inc. is a Service-Disabled Veteran Owned (SDVO) broker-dealer with execution capabilities in the capital markets, equities, and fixed-income trading. The firm was founded in 1987 by a United States Marine Corps Vietnam combat veteran and Purple Heart recipient. With over $1.8 million in committed donations, Roberts & Ryan is active in donating to charitable foundations that make significant positive impacts in the lives of Veterans and their families, focusing primarily on general wellness, mental health, and career transition. To learn more about Roberts & Ryan, please visit www.roberts-ryan.com. Contact Details Michael C. Del Priore +1 646-859-4061 mdelpriore@roberts-ryan.com Company Website https://www.roberts-ryan.com

February 19, 2024 09:00 AM Eastern Standard Time

Image

RHUNA Launches to Revolutionize the Events and Entertainment Industry with Fintech Innovation

RHUNA

RHUNA is a visionary fintech platform dedicated to revolutionizing the events and entertainment industry through innovative technology. By integrating Web 3.0 and blockchain technologies, RHUNA aims to enhance user experiences, improve security and transparency, and foster a closer, more engaged community around the globe. UNTOLD Universe is one of the world’s top 5 music festival organizers with more than 1.5 million attendees over the course of each year. Rhuna represents the merging of their experience with CryptoDATA’s innovative technology development expertise with this pioneering platform. Among the key features it offers, and leveraging the power of blockchain, RHUNA introduces a decentralized ticketing system, where tickets are issued as non-fungible tokens (NFTs). This ensures authenticity, ownership, and a secure, transparent secondary market. This system effectively eliminates common issues such as fraud and scalping, providing a fairer and more trustworthy ticketing experience. Modular feature structure within the ecosystem means even enormous event organizers can customize their event management, especially ticketing and payments, at breakneck speeds and with precision accuracy. The platform will also feature integrated digital wallets supporting various cryptocurrencies, enabling seamless transactions for tickets, merchandise, and services. This inclusion not only caters to the growing crypto-savvy audience but also reduces fees and simplifies the payment process. Smart contracts will automate key transactions and agreements, from ticket sales to performer payouts, ensuring efficiency, transparency, and trust across all transactions. Furthermore, RHUNA places a strong emphasis on user privacy and control, allowing attendees to manage their personal data securely through decentralized identities. In an industry first, RHUNA will introduce a token-based loyalty and rewards program, empowering users with the chance to earn tokens for various activities. These tokens can be redeemed for exclusive experiences, merchandise, or discounts, fostering a strong sense of community and engagement within the RHUNA ecosystem. The platform also pioneers the use of Decentralized Autonomous Organizations (DAOs) for event planning, giving the community a voice in decision-making processes, from event themes to artist lineups. This democratized approach ensures that RHUNA remains closely aligned with the desires and preferences of its user base. “The Rhuna project is more than just a technical solution. It is an adaptable dynamic system that interconnects social and technical elements, providing opportunities through solutions for a wide range of needs. The architecture, technologies, implementation method, and usage mode are elements that impact the optimization of resources in carrying out any activity. In the current dynamic, resources such as time, people, materials, and costs are primary elements that influence each other in a multi-way within a 3D system. Rhuna represents the perfect tool that allows anyone to access and control them. Rhuna is a way in which anyone can visualize or actively intervene in them. Rhuna is like a catalyst that materializes and organizes the abstract into a form that’s indispensable for everyone involved in the entertainment industry.” - Bogdan Mărunțiş, Head of Global Strategy, CryptoDATA Bogdan Rădulescu, Co-founder and CBO of UNTOLD, put it simply: “We are redefining event organization and engagement, pushing the boundaries of festival finance into the 21st century for the benefit of organizers worldwide.” The interface is accessible to attendees of all technical backgrounds and is set to debut at the 9th Edition of the UNTOLD Festival in Cluj-Napoca, Romania. RHUNA aims to enhance the festival experience for over 400,000 attendees, introducing another touch of innovation in the "world capital of night and magic." About CryptoData A leader in tech innovation, CryptoData develops solutions that address real-world challenges, pushing the boundaries of technology for social progress. Users can discover more at cryptodata.com. About UNTOLD Universe Known for creating transformative experiences through music and entertainment, UNTOLD Universe invites you to explore enchanting realms at untold.ae. Users are welcome to join this thrilling journey on RHUNA.io, where technology meets entertainment to create unforgettable experiences. For more information and updates: Discord | Twitter | Instagram | Facebook | Medium Contact Details RHUNA Bogdan Rădulescu hello@rhuna.io

February 19, 2024 03:56 AM Eastern Standard Time

Image

1 ... 406 407 408 409 410 ... 3755

Back