NFT-TiX Secures VIP Lounge Naming Rights for Hardmission and Techmission Festival Prague 2023

NEW YORK, Mar 14, 2023 – NFT-TiX, the rapidly expanding ticketing and NFT Ticketing marketplace, has entered into a partnership with United Music Events, securing the naming rights for the VIP area at the highly anticipated 2023 Hardmission and Techmission Festival in Prague.

The VIP area on both events are designated as the “NFT-TiX VIP Lounge.” This unique lounge promises to provide an exclusive and elevated experience for VIP ticket holders at both festivals. NFT-TiX is thrilled as part of these groundbreaking experiences, which are among the world’s most prestigious and popular music events.

“We are thrilled to partner with United Music Events to bring fans an unforgettable experience at the Hardmission and Techmission Festivals,” said Emil R. Ljesnjanin, CEO of NFT-TiX. “The VIP lounge is the perfect place for guests to relax and enjoy exclusive access to premium amenities and hospitality, and we are proud to associate with these two amazing events.”

NFT-TiX expressed its commitment to providing fans with the best possible ticketing experience, and the company’s blockchain-based platform ensures a secure and transparent process for purchasing and managing tickets. With the naming rights for the VIP lounge, NFT-TiX is preparing to provide an elevated experience for festival goers and showcase the innovative technology and forward-thinking approach that sets the company apart from its competitors.

“We are excited to partner with NFT-TiX for the Hardmission and Techmission Festival,” said Anco Van der Kolk, founder and CEO of United Music Events. “Their dedication to innovation and customer satisfaction is evident in everything they do, and we are excited to work with such a forward-thinking organization.”

United Music Events is known for producing some of the most amazing events worldwide, and Hardmission and Techmission Festival are no exception. The events bring together the best of music and technology, and feature an impressive lineup of artists from around the world.

As part of its mission for “Securing Your Seat For The Future,” NFT-TiX is excited in its efforts to contribute to the event experience and looks forward to providing fans with an unforgettable VIP lounge experience.

NFT-TiX and plans to continue supporting the innovative and expanding marketplace to help increase the rate of Web3 adoption across the wider global economy. Event partners of NFT-TiX cover a wide range of event categories such as sports, festivals, entertainment, and tradeshows. EXIT Festival, FC Zeljeznicar – Sarajevo Derby, Transmission Melbourne Music Festival, Seadance Festival, Tomorrow Conference, and BREATHE! Convention are part of the expanding network of experiences that are powered by NFT-TiX.

About NFT-TiX

NFT-TiX is an award winning blockchain ticketing platform and marketplace. Fully built on Ethereum Layer 1, NFT-TiX pioneers and leverages blockchain technology to help produce the best possible ticketing experience and create lasting experiences for producers and attendees alike. With continual advances in NFT technology, NFT-TiX aims to revolutionize the ticketing industry and provide long-term solutions against fraud, scalping, and an out-of-control secondary market.

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Press Contact:
Brian Edmiston
+1 833-931-3128 Ext. 710
Press@5AMGlobal.com



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Hive Establishes Hive Village at BREATHE! Convention to Cover Cost of Exhibiting for Multiple Hive Projects

LAS VEGAS, NV, Mar 13, 2023 – (ACN Newswire) – BREATHE! Convention has announced today that its "Center of the Universe Mainstage" sponsor Hive has established the Hive Village as part of its commitment to the projects involved in the Hive blockchain ecosystem.



Hive secured this Village by leveraging community funding to purchase individual exhibit spaces at BREATHE!, which allowed the ecosystem to give multiple projects exhibiting space directly on the Web3 convention's show floor at the Las Vegas Convention Center.

"At the heart of Web3 is the ability for everyone to move and engage freely while in control of their financial and social data, and the Hive blockchain was built with this freedom and growth in mind," said Crimsonclad from Hive. "As the fast feeless platform powering a growing expanse of social media, games, businesses and community hubs, Hive is thrilled to announce community funding covering the costs to bring a group of amazing projects and a Hive network showcase to exhibit at BREATHE! Thousands of attendees to this premiere event can visit the Hive village experience to discover the power of the Hive social blockchain and claim a unique username and wallet that unlocks an entire ecosystem of projects. Powered by a community, open to everyone, and truly decentralized, the Hive network is a blockchain where the users, developers, and businesses that are shaping our connected future are supported in building a more effective and more human decentralized web!"

The commitment of Hive to its projects came at a crucial time in Web3 history as developers, investors, and enthusiasts continue to look for a return in momentum that propelled massive Web3 innovations since 2021.

"This is Hive's way of investing back into their own ecosystem, and they're true leaders of blockchain for bringing to life such a simple but powerful concept," said BREATHE! Co-Founder & CMO Stormie Andrews. "The Hive Village allows attendees to get the full scope of the Hive ecosystem, where revolutionary projects get direct exposure to Web3 backers and leaders that was otherwise impossible. It's a win-win for everyone involved."

Andrews also remarked that the Village concept has grown rapidly in interest and queries as projects, like ones from the Hive blockchain network, look for reliable ways to make vital business and government connections in a stagnating 2023 global economy, thereby achieving much needed funding, marketing, and adoption goals.

Other protocols and ecosystems have the capability to set up their own Village at BREATHE!; however exhibition space is limited as the Web3 convention continues to finalize key areas on its showfloor. Interested projects are encouraged to reach out to BREATHE! Convention as soon as possible to secure a spot at the event.

The decision by Hive to sponsor the Center of the Universe Mainstage at BREATHE! and their initiative to create a Hive Village was also strategically made as a way to empower Hive users, projects, and followers with the education, experience, and entertainment available at BREATHE! Convention.

With workshops, panel discussions, and keynote presentations from industry experts, BREATHE! Convention is positioning itself as the must-attend event of the year for anyone currently involved and anyone exploring the Web3 space. The event will take place from May 3-5, 2023, at the Las Vegas Convention Center. Visit www.breatheconvention.com to secure your ticket and to inquire about exhibiting at the convention.

With the Hive Village leading the way, BREATHE! Convention has continued to show increasing excitement across Web3 and blockchain communities as it sets itself as the definitive launchpad for the upcoming Web3 revolution.

For additional information and the latest updates on the Hive ecosystem, visit hive.io.

About BREATHE!

Taking place on May 3-5, 2023 at the Las Vegas Convention Center, BREATHE! Convention is connecting the Web3 universe that brings the power and utility of Web3 technology to life at this experience-based event.

Visit www.breatheconvention.com to secure your ticket to attend and inquire for exhibiting and sponsoring opportunities. BREATHE! is active on social media, providing the latest news and updates to the event.

Produced by 5AM Global

Press Contact: Brian Edmiston
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Ext. 710
Press@5AMGlobal.com

5AM Global
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Las Vegas, NV 89123
USA

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Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Turkish Arab Financial Forum to be Held on March 13, 2023

DUBAI, Mar 10, 2023 – (ACN Newswire) – Crypto Oasis will be participating in the upcoming Turkish Arab Financial Forum to be held on March 13, 2023, at the Grand Hyatt Dubai. The event is being organized by Al-Iktissad Wal-Aamal Group in collaboration with the Ministry of Treasury and Finance of Türkiye and the Republic of Türkiye Investment Office and Unlock Blockchain.



The forum aims to bring together high-level participants from Turkiye and the Arab world, including senior government officials, investors, VCs, asset managers, private equity firms, Fintech leaders, finance and investment leaders, investment bankers, and representatives of major regional and international financial institutions. The event will focus on the latest developments and opportunities in fintech, with a particular emphasis on the intersection and partnership between Fintech and traditional banking.

The forum will see participations from some of the leading banks and Fintech firms in Turkey and the UAE, including Denizbank, HalkBank, Turkiye Finans, PayFix, Ininal, Paycell and more than 20 fintech companies' member of TODEB.

As a key participant of the event, Crypto Oasis will be represented by its co-founder Saqr Ereiqat who will moderate a panel discussion on "The role of DeFi and crypto assets in Turkish-Arab financial partnership" along with Managing Director of GCEX, Mehtap Onder, Senior Executive Officer of SEBA Bank AG ADGM, Christian Borel and CEO of VAF compliance, Gilson Costa.

"Participating in the Turkish Arab Financial Forum is an excellent opportunity for us to showcase the digital asset space in the UAE and to contribute to the growing financial ties between Türkiye and the UAE," said Saqr Ereiqat, Co-Founder of Crypto Oasis.

The upcoming forum presents a significant opportunity, as it marks the first such gathering since the United Arab Emirates and Turkey signed an agreement aimed at promoting increased trade between the two nations over the next five years. The event will offer a unique platform for participants to network and share insights on the latest trends and opportunities in the fintech space.

For more information on the event, please visit this link, www.iktissadevents.com/event/turkish-arab-financial-forum/.

About Crypto Oasis

The Crypto Oasis is a MENA focused Blockchain Ecosystem headquartered in Dubai, UAE. The core elements needed for its growth are Talent, Capital, and Infrastructure. The Ecosystems stakeholders include Investors & Collectors, Start-Ups & Projects, Corporates, Science & Research Institutions, Service Providers and Government Entities & Associations. Crypto Oasis' vision is to be one of the leading Blockchain Ecosystems in the world. Today it is the fastest growing Blockchain Ecosystem in the world, with more than 1,650+ organisations identified in the UAE alone with more than 8,300+ individuals working in the space. www.cryptooasis.ae

About Turkish Arab Forum

The forum represents a natural extension of the esteemed Turkish Arab Economic Forum, renowned for its commitment to fostering enhanced economic and trade relations between the Arab States and Turkey. This occasion will serve as a platform for high-level discussions, with a particular emphasis on fintech and digital payment innovation. The forum will explore prospective partnerships between financial institutions spanning the Arab States and Turkey, while simultaneously striving to advance and augment economic and investment cooperation between these sectors.

For more information contact:
Faisal Zaidi
Crypto Oasis
faisal@cryptooasis.ae
+971552000840

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

US Treasury Official Keynotes the Future of Money, Governance, and the Law hosted by GBA

Washington, D.C., Mar 10, 2023 – (ACN Newswire) – The Government Blockchain Association (GBA) announces that D. R. Maurice, speaking in her personal capacity will be a keynote speaker at the "Future of Money, Governance, and the Law" (https://gbaglobal.org/FoMGL/) conference on May 24-25, 2023, in the nation's capital. The conference brings together government officials, industry leaders like Circle (CRCL) and Ciphertrace, a Mastercard company (MA), academia and many others.



"D R Maurice is a leading expert in regulatory technology, sandboxes, and CBDC digitalization. She has an extensive track record with central bank governance around the world and joins an impressive lineup of leading authorities from government and the private sector for our upcoming event," said GBA Executive Director Gerard Dache.

Maurice, who works for the US Department of Treasury, will share her extensive experience and personal perspectives on digital assets, central banks, and the future of money. She will be addressing a diverse audience of policy makers, administrators, and influencers from various organizations, including:
– The United Nations
– The European Parliament
– The Digital Currency Monetary Authority
– The Global Digital Asset & Cryptocurrency Association
– The Central Bank of Egypt
– The US Department of State
– The US Department of Justice
– The US House of Representatives
– The US National Credit Union Administration
– The Utah State Digital Innovation & Blockchain Task Force
– Circle (CRCL)
– Ciphertrace
– and many more.

Digital finance is going through a tectonic shift, and CBDCs will be right in the middle of the movement. Ms. Maurice will be followed by a CBDC debate to hammer out some of the dissenting viewpoints. This event promises to be a thought-provoking conference, providing insights from leading voices in government and the private sector.

For more information and to register for the conference, please visit www.GBAglobal.org/FoMGL. For any inquiries, please email events@GBAglobal.org.

Contact:
Bob Miko
203-378-2803
bmiko@pacificdialogue.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

KARM Legal Releases a Report Assessing Regulatory Framework for Virtual Assets

DUBAI, Mar 8, 2023 – (ACN Newswire) – KARM Legal Consultants, a leading law firm specializing in Blockchain, Cryptocurrency, Web3 & Fintech in the UAE has, in collaboration with prominent legal experts – Mr. Eric Hess (Hess Legal Counsel), Mr. Jonathan Geen, Mr. Andreas Glarner (MME) and Mr. Thomas Nagele (Nagele Attorneys) and the regional Blockchain Ecosystem Crypto Oasis, published a new report analyzing the regulatory landscape for virtual assets in various jurisdictions.



The report was launched in the presence of top organisations and Industry leaders at the annual Crypto Oasis Ecosystem Night held at Cove Beach in Caesars Palace, Dubai.

The report titled "Virtual Assets Regulatory Framework: An Evolving Landscape" identifies key regulatory developments in relation to virtual assets in the UAE, Bahrain, Switzerland, Liechtenstein, UK, and USA.

As the use of blockchain technology and its use cases continue to grow, so does the need for regulation. In the last few years, we have witnessed several positive regulatory developments for the virtual assets sector, as many jurisdictions globally have started to recognize virtual assets services.

With overall favorable regulatory ecosystems, UAE, Bahrain, Switzerland and Liechtenstein have cemented their position as leading virtual assets friendly jurisdictions. The regulatory frameworks in general focus on several aspects of business such as token classifications, AML/KYC, custody of private and public keys, wallet configurations and client suitability assessments.

Navigating the regulatory landscape for virtual assets can be a complex exercise. However, with the report, KARM aims to simplify the regulatory framework for readers.

As regards the UAE, KARM's report provides an overview of regulations issued by the federal, emirate level and free zone authorities. The report covers various licensing options available for virtual assets activities, token classifications, compliance requirements and capital requirements.

The UAE was one of the first jurisdictions globally to introduce a regulatory framework governing virtual assets activities.

With several initiatives supporting the sector, the UAE has transformed into a global hub for virtual asset service providers. The establishment of the Dubai Virtual Assets Regulatory Authority (VARA), a regulator exclusively focused on virtual assets has contributed to development of an exceptional ecosystem for crypto businesses.

"We are pleased to have compiled and published this report, which we hope will contribute to the ongoing conversations around the regulatory landscape for virtual assets," said Kokila Alagh, Founder of KARM Legal Consultants. "As the world of blockchain and cryptocurrency continues to evolve, it is crucial to keep up with the latest developments and understand how they impact the industry," she added.

KARM Legal's commitment to providing top-tier legal services for businesses operating in the blockchain and cryptocurrency industries is unwavering.

With their team of legal experts who possess a deep understanding of the regulatory landscape, they are able to provide their clients with the guidance and support needed to navigate this complex environment. As the blockchain and cryptocurrency space continues to evolve, KARM Legal will remain at the forefront of legal services, as the team stays up to date with the latest developments in the industry and supports cutting-edge projects achieve legal legitimacy.

The full version of the report is available for download, visit https://karmadv.com.

About KARM Legal Consultants

KARM Legal Consultants is a UAE-based law firm that provides innovative legal solutions to clients in the fintech, blockchain, cryptocurrency, data protection, AI, and open banking spaces.

Founded in 2018, KARM has integrated international best practices to meet the unique requirements of the GCC region and beyond. The firm has been instrumental in drafting regulatory and guidance policies for the MENA and GCC regions and serves as the Ambassador for the Fintech Working Group of the Arab Monetary Fund.

KARM is committed to supporting innovation and technology and offers practical legal advice to clients throughout the entire lifecycle of their businesses, from product conceptualization to obtaining regulatory approvals and corporate structuring.

As a trusted partner, KARM provides unmatched breadth and depth of legal advice to clients.

For more information or any other inquiry, pls contact:
Anna Kachouh
Unlock Communication
Anna@unlock-bc.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Crypto Oasis Launches Cove Beach Venue in the Metaverse with Exscape at Annual Ecosystem Night

DUBAI, UAE, Mar 7, 2023 – (ACN Newswire) – Crypto Oasis, the fastest growing WEB3 ecosystem in the world, hosted top organisations and players from the global industry at its annual Ecosystem Night on the 2nd of March 2023. The event aimed to celebrate the most recent advancements in the global and local WEB3 ecosystem, showcasing cutting-edge technology and groundbreaking ideas in the world of crypto and blockchain.



Highlights
– Crypto Oasis hosted top organisations and players in the regional Ecosystem for its annual Ecosystem Night
– Exscape was the co-host for the evening and the creator of the entire Cove Beach Venue in the Metaverse that provided a unique immersive experience
– The Founders Mural at Cove Beach designed and created by Faisal Zaidi was tokenised into 100 pieces of art representing annual memberships to Cove Beach

The prestigious event in its second year took place at Cove Beach, the stunning venue that forms part of the famous Caesars Palace in Bluewaters Island. As one of the most popular locations in the city, it attracts visitors from all over the world. At the event, Crypto Oasis launched several WEB3 integrations with the venue.

The first was the creation of Cove Beach in the Metaverse by Exscape. The initiative was created and developed in less than 6 weeks with a hyper realistic environment for people to walk around and visit the venue using a VR headset from anywhere in the world. Exscape, the co-host for the Crypto Oasis Ecosystem night is a metaverse-based social platform as well as a metaverse builder that concentrates on creating experiences for the public at high end venues like Cove Beach.

The second integration was the launch of the Cove Beach NFT based membership programme for those interested in buying an annual membership to the venue. A large 12.5m wall at the venue has been converted into the Founders Mural by Faisal Zaidi and which was digitalised and fractionalised into 100 pieces. Each sold digital artwork represents its counterpart on the physical wall and will grant the owner an annual membership to the Cove Beach Club.

"We are excited to integrate Cove Beach, our go-to destination for our annual Ecosystem Night, into the world of WEB3 through the launch of the Metaverse experience and Memberships as NFTs. The Cove Beach Metaverse will provide members with an exclusive and immersive experience that blurs the boundaries between the physical and virtual world, while the Membership NFTs will let holders own a piece of the Cove Beach through the fractionalised mural at the venue," said Ralf Glabischnig, Founder of the Crypto Oasis.

"We're thrilled to have partnered with Crypto Oasis to launch the Cove Beach Metaverse and our Annual Membership NFTs," said Adel Ghazzawi, Co-Founder of Cove Beach. "The Metaverse is the future of social interaction, and the NFTs is the future of financial interaction. We're excited to offer our members an unparalleled experience that merges the physical and digital worlds. The WEB3 community is a very important part of the society of Dubai and they are an integral part of the audience that visits our venue."

Exscape CEO, Mehdi Cherif stated, "We are delighted to have partnered with Crypto Oasis on this exciting initiative. The Cove Beach venue in the Metaverse offers users a glimpse of what is possible within the Metaverse, and we look forward to working with Crypto Oasis to develop more innovative and engaging experiences for our users." Exscape is a cutting-edge Metaverse that offers users an immersive and interactive virtual world.

With the venue being replicated in the Metaverse, attendees can choose to visit and experience Cove Beach however they prefer. Crypto Oasis' and Exscape's expertise in WEB3 combined with Cove Beach's reputation for delivering world-class entertainment and hospitality has translated into an unparalleled WEB3 experience for the public.

The NFTs for the annual membership to Cove Beach that were physically represented as part of the Founders Mural which are available to be purchased at cryptooasis.ae/membership.

About the Crypto Oasis

The Crypto Oasis is a MENA focused Blockchain Ecosystem headquartered in Dubai, UAE. The core elements needed for its growth are Talent, Capital, and Infrastructure. The Ecosystems stakeholders include Investors & Collectors, Start-Ups & Projects, Corporates, Science & Research Institutions, Service Providers and Government Entities & Associations. Crypto Oasis' vision is to be one of the leading Blockchain Ecosystems in the world. Today it is the fastest growing Blockchain Ecosystem in the world, with more than 1,650+ organisations identified in the UAE alone with more than 8,300+ individuals working in the space. www.cryptooasis.ae

About Exscape

Exscape is a Metaverse based social network where users can interact with each other through a highly immersive and interactive virtual environments enabling them to form virtual communities, play games, listen to music, watch videos, discover new places, share experiences, transact and engage in social activities like never before.

About Cove Beach

Cove Beach is one of the most happening beach clubs in Dubai. The popular beach club was relocated from Jumeirah Beach Hotel to Caesars Palace, Bluewaters Island in November 2018. With the stunning azure waters of the Arabian Sea serving as the backdrop, Cove Beach Dubai invites you for the ultimate retreat, whether you want to party or just relax and unwind. With a picturesque beachside setting, Cove Beach Dubai Bluewaters features a restaurant, lounge and swimming pools. The venue exudes a Mediterranean vibe and offers a range of personalised services that make guests feel like royalty.

For more information contact:
Faisal Zaidi
Crypto Oasis
faisal@cryptooasis.ae
+971552000840

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Linkedin Influencer Rachel Mitchell Joins Plato’s Board

NEW YORK, N.Y., Mar 6, 2023 – (ACN Newswire) – The JV was setup to drive both awareness and user adoption of Plato's Ai Powered Content Syndication Network. The global partnership leverages over 30 years of technical and marketing excellence across today's most innovative market sectors.



Key Highlights:
– Rachel Mitchell (www.linkedin.com/in/rachelmitchell333/) EP of Innovation Series is the First LinkedIn Influencer with Almost 1M followers joins Plato's Board to help drive Commercial Web3 Adoption.
– Joint Venture Announced to Disrupt PR & Content Syndication across the innovation superhighway via Amplifi Subsidiary.
– Plato's (https://platoaistream.com) Ai Engine uses its internal syndication to electronically connect with thousands of media outlets while Amplifi is used to distribute and syndicate content and press releases.

Rachell Mitchell worked mostly behind-the -scenes prior to her becoming a content creator on LinkedIn. Rachel is one of the original producers of Built in America, Innovation Nation, Sustainable Nation, and The Longevity Series. She became a top Executive Producer (EP) for History, Innovation, Sustainability, Health, Wellness, Longevity and Sports documentaries. She has produced as a "ghost producer" for most of her projects with Elevate Media Productions (https://builtinamerica.tv). The Elevate team has worked with top media agencies and marketing firms for their clients' sponsorship needs. Elevate also works with independent film producers and third-party production crews from around the world.

"I like to give credit and opportunities to all the wonderful people that I get to work with," said Rachel Mitchell CEO of Elevate. "Telling people's stories inspired me to share mine on LinkedIn. In 2020 I had to cancel the filming of The Longevity Series because of the pandemic. Since we were all at home, I began to post guidance that helped me achieve success during challenging times. People from around the world began to contact me and tell me the challenges that they were facing online."

"Giving people the capability to be seen in over 2000+ online publications, in over 32 languages is a gift. The goal was to give people, products, and services the online reach that only 'Influencers' or viral content receive on social media platforms," Rachel Mitchell stated.

Rachel Mitchell is a LinkedIn Influencer, Executive Producer, and businesswoman who has risen to popularity during the pandemic. People have noticed that Rachel Mitchell has over 968,000 followers on LinkedIn and 1M followers across multiple platforms.

"With the rise of AI, innovation, and the frequent changes to algorithms, I noticed how some social media platforms were favoring personal content over business content. Some of the most innovative start-up companies and brilliant new personal brands were still leaning on traditional press releases and PR to get their business announced to the public. The cost of press releases was high, and the ROI was not in people's best interest. As I grew my organic following on LinkedIn, I noticed that other business owners were having a hard time finding an audience of potential customers. Many business owners and executives shared that they wasted time and money on social media management that did not lead to the level of exposure that they need. Therefore, I became excited to share what Amplifi can do," Mitchell added.

Amplifi distributes press releases to various editorial offices and journalists which will guarantee coverage worldwide. Plato uses its internal syndication to electronically connect with thousands of media outlets. The services provided are tailored to the type of news you're distributing. Using Amplifi can help target specialty media in a unique way. A good service will increase the chances of getting your message seen by the public.

Plato is an open intelligence repository and platform that unlocks the power of Vertical Search in a highly scalable and secure web3 interface. The platform is designed to provide an ultra-safe and secure environment to consumer sector-specific real-time data intelligence. This interface is used to provide transparency of information to people who are creating content and receiving content online. The company just surpassed its 10M Organic Visitor and continues to scale its Ai Powered Vertical Intelligence Engine across 27 Market Verticals and 32 Languages.

Bryan Feinberg, CEO of Plato, and Co-founder of Amplifi, commented, "We are honored to partner with best-of-class web3 ecosystems, and reputable media outlets from around the world. Our Partnership represents a scalable way for us leverage each companies' respective networks."

Rachel Mitchell can be seen on LinkedIn at: linkedin.com/in/rachelmitchell333/
Source: Plato Data Intelligence: PlatoAiStream.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Verofax to raise US$750,000 on Beban Crowdfunding Platform

BAHRAIN, Mar 5, 2023 – (ACN Newswire) – Verofax, the leader in brand marketing and AI-powered solutions for enterprise, was featured on Beban 2 (Episode 9, Mar 1, 2023), the hit entrepreneur & investment-themed reality TV program airing on Bahrain TV, Alrai TV and Dubai TV, as well as Shahid, the region's largest video-on-demand platform.


Wassim Merheby, CEO & Co-Founder, and Jamil Zablah, CMO & Co-Founder, Veromax, a product winning SaaS provider helping brands achieve growth by turning offline products interactive for immersive experiences & engagements.

One of the four Professional Investors to be pitched during episode 9, Khalid Almahfouz was clearly impressed with the Verofax story, encouraging them. "I can tell that we will celebrate Verofax as a Unicorn one day."

Beban Crowdfunding platform, for entrepreneurs to pitch retail investors. Wassim Merheby, Verofax CEO & entrepreneur, addressing Crowdfunding investors across the GCC, "We would like to become a leading tech company that started in the Middle East."

Verofax, winning award for ground-breaking Artificial Intelligence at LEAP Saudi Arabia (Feb 2023), announced setting-up in Ryadh, key 2023 growth market, with Saudi (MCIT) Tech Champions, a soft-landing accelerator powered by Plug and Play.


Beban is the world's first TV show to provide an interactive crowdfunding element – Beban Crowdfunding, a secure platform licensed and regulated by the Central Bank of Bahrain which offers retail and accredited investors a unique interactive access to private equity investment opportunities, such as Verofax.

GCC investors can participate in Verofax' US$750,000 fundraising round through the Beban Crowdfunding platform, with investments beginning as reasonably as $100. The new investors will be joining leading VC investors including 500 Startups, Dubai Angel Investors, Dubai Silicon Oasis, Benson Oak Ventures, Privity FZ LLE and Wami Capital.

An alumnus of government-sponsored programs MBRIF (Mohammed Bin Rashid Innovation Fund & Accelerator) and Hub71, the UAE-based Verofax is a growth-stage startup serving a diverse clientele including Fortune 100 brands and sustainable enterprise through operations in Europe, North America, Asia, Africa and the Middle East.

Verofax recently won the award for ground-breaking use of Artificial Intelligence at LEAP Saudi Arabia (Feb, 2023), and announced the setting-up of operations in Ryadh, a key growth market for 2023, with the Saudi Ministry of Communications and Information Technology (MCIT) Tech Champions, a soft-landing accelerator powered by Plug and Play.

Wassim Merheby, CEO of Verofax, said "Participating in the Beban program provided us with a platform to showcase our technology, and through the Beban Crowdfunding Platform, to offer retail investors an opportunity to invest in our solutions which disrupt online marketing, and deliver unmatched results to customers and amazing experiences to end consumers.

"Investors in Verofax will benefit from the potential disruption to online marketing, and turning the products into a brand's best marketing channel. At Verofax, our aim is to empower brands to connect with their customers in new and innovative ways," said Merheby.

Fatima Al Naqbi, Chief Innovation Officer at the Ministry of Finance and MBRIF representative, said: "We are thrilled to see such progress at Verofax, a company that we have proudly supported throughout its growth journey. Moreover, it's exciting to offer retail investors the chance to share in the growth of a dynamic company, transforming the online marketing industry through its innovative solutions.

"MBRIF is committed to accelerating innovation by providing startups with the necessary resources to achieve the goals of expansion and growth. Through our Accelerator program, we offer tailored support, paving the way for these companies to succeed. Our role in Verofax' journey is testament to our unwavering support of innovative and ambitious companies as they strive to impact the community. We look forward to continuing our support," said Ms Al Naqbi.

Verofax has developed a proprietary, patented AI-powered product winning service that provides enterprises with increased supply chain transparency, reduced operational cost, and enhanced customer engagement. By leveraging Verofax' award-winning, scalable technology with low-cost rapid deployment, businesses can begin to accrue benefits immediately with:

* MarTech solutions: Turning every product into an interactive direct communication channel to consumers, allowing brands to acquire and retain customers by providing relevant and personalized recommendations. By simply scanning unique identities on primary packaging, brands can convert the 60% of consumers that decide on a purchase in multi-branded stores while lowering acquisition costs by 20X vs. online marketing channels.

* Web3 rewards: helping brands to build lasting relationships with consumers and increase Customer Lifetime Values (CLTV) by adopting Web3 rewards such as brand NFTs that cost a fraction of loyalty programs.

* Retail and eCommerce virtualization: Delivering immersive and personalized shopping experiences with in-store Augmented Reality and 3D shopping experiences in e-commerce marketplaces, offering delight to 83% of consumers that expect an upgraded shopping experience vs. the current flick & click experience.

* Supply Chain transparency: providing brands with end-to-end inventory traceability to optimize availability and prevent price dilution. Counterfeiting and product diversion eats up to 30% of some industries, damaging brands' reputations and posing severe threats to public health.

* Sustainable passporting: Helping brands become sustainable by measuring and certifying their products across complex multi-tiered supply chains and engaging directly with consumers for loyalty and advocacy.

Verofax' solution is validated and available on partner platforms, including Oracle, Microsoft, Ant Group, Zebra, SAP and AWS. Discover the benefits of partnering with Verofax at www.verofax.com.

Investors interested in learning more about the fundraise and participating in Verofax' journey through the Beban Crowdfunding platform should visit the Beban website at www.beban.me, and refer to the Verofax crowdfunding page at www.beban.me/campaign/verofax-.

Contact Verofax, and register for social updates:

Website: https://verofax.com/contact-us/
Instagram: https://www.instagram.com/verofaxltd/
YouTube: https://www.youtube.com/@verofaxlimited8482
Promo Video: https://youtu.be/tmekYUuRDjI
FaceBook: https://www.facebook.com/verofax
TikTok: https://www.tiktok.com/@verofaxlimited
Twitter: https://twitter.com/VEROFAXLTD
LinkedIn: https://www.linkedin.com/company/verofax-limited/

About Verofax
Verofax is the leader in product digitization, providing innovative solutions that empower brands, retailers, and governments to secure supply chains and transform customer engagement. Utilizing latest technologies such as blockchain and AI, Verofax offers a comprehensive suite of tools, immersive omni-channel consumer engagement and compliance validation. By leveraging the Verofax solution, brands can ensure supply chains are compliant and sustainable and customers are engaged through every step of the product lifecycle. Please visit www.verofax.com.

About MBRIF Accelerator
The MBRIF Innovation Accelerator program focuses on innovation and cooperation and provides world-class services and training to founders to accelerate their business, raise capabilities and expertise, boost standards, and create added value. Its objectives are in line with the Dubai National Innovation Strategy as it aims to help innovative companies realize their potential and contribute to shaping the future of the national economy. Visit www.mbrif.ae.

For additional information, visit:
CB Insights: https://www.cbinsights.com/company/verofax
CrunchBase: https://www.crunchbase.com/organization/dhonor
StartUp Buffer: https://startupbuffer.com/startup/verofax-limited

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Accelerating Web3 Adoption: Roland Berger and the Inacta Group Cooperate on Digital Assets and Web3 Venture Building for their Clients

ZUG, SWITZERLAND, Mar 3, 2023 – (ACN Newswire) – Inacta Group, a leading Swiss IT solution provider with a venture building arm focused on blockchain enabled business models, and Roland Berger, a global strategy consulting firm, have disclosed that they are working on joint Web3 projects and intend to closely cooperate on many more in the future. One of the projects is for the German utility giant E.On which was announced in December 2022, another is for a pharma- and consumer goods giant based in Switzerland.



Inacta is headquartered in Zug, Switzerland, in the heart of Crypto Valley, and has delivered many Digital Assets and Web3 projects for clients like AXA, InCore Bank, Swiss Post, Raiffeisen Bank and Visa. Additionally, Inacta has been one of the initiators of the fastest growing blockchain ecosystem in the world, MENA focused Crypto Oasis.

Crypto Oasis has been the facilitator for this deal by connecting the stakeholders through their expert knowledge of the global Web3 network. "Many such deals, connecting global players, have been orchestrated by Crypto Oasis as we build on the strong infrastructure of the Middle East and the talent and capital migration into the region," says Saqr Ereiqat, Co-Founder of Crypto Oasis.

Roland Berger has been at the forefront of advising blue-chip companies, investment funds and governments on Digital Assets, Web3 and Metaverse strategies and use cases.

"Inacta is a reputable company in the Web3 ecosystem. With this new partnership, we extend our offering further towards the implementation of Web3 ventures, while still maintaining the necessary objectivity to be protocol- and vendor agnostic, a key value for us when advising clients," says Pierre Samaties, Partner and Global Head of Roland Berger's Digital Asset, Web3 and Metaverse practice.

"Roland Berger is a thought leader among the top strategy consulting firms in the Digital Assets and Web3 space. With our strategic partnership, we can combine strong strategy consulting skills with Web3 implementation power for our clients. We leverage this experience out of Crypto Valley and the growth in Crypto Oasis to bring more Web3 and Digital Asset solutions into the corporate world. For us, it is not about trading of crypto currencies, it is about building infrastructure for Tokenisation, Provenance and Digital Identities in several areas," says Ralf Glabischnig, Managing Partner and founder of Inacta.

ABOUT ROLAND BERGER

Roland Berger is the only management consultancy of European heritage with a strong international footprint. As an independent firm, solely owned by its Partners, Roland Berger operates 51 offices in all major markets. Their 3,000 employees offer a unique combination of an analytical approach and an empathic attitude. Driven by the values of entrepreneurship, excellence and empathy, Roland Berger is convinced that the world needs a new sustainable paradigm that takes the entire value cycle into account. Working in cross-competence teams across all relevant industries and business functions, Roland Berger provides the best expertise worldwide to meet the profound challenges of today and tomorrow.

ABOUT INACTA GROUP

Digital, decentralised, innovative – Inacta AG, founded in 2009 and based in Zug, is an independent Swiss IT company. More than 100 experienced digitalisation experts support organizations from the insurance, banking, real estate, and healthcare industries. Also part of the Inacta Group are several international ventures with offices in Switzerland and the UAE. Inacta supports established companies as well as start-ups with consulting, project management, and software development. As a leading technology provider for many years, Inacta uses state-of-the-art methods and leads numerous blockchain projects worldwide.

ABOUT CRYPTO OASIS

Crypto Oasis is a MENA focused Blockchain Ecosystem headquartered in Dubai, UAE. The core elements needed for its growth are Talent, Capital, and Infrastructure. The Ecosystems stakeholders include Investors & Collectors, Start-Ups & Projects, Corporates, Science & Research Institutions, Service Providers and Government Entities & Associations. Crypto Oasis' vision is to be one of the leading Blockchain Ecosystems in the world. Today it is the fastest growing Blockchain Ecosystem in the world, with more than 1,650+ organisations identified in the UAE alone with more than 8,300+ individuals working in the space.

RELATED LINKS:
Roland Berger – www.rolandberger.com/en/
Inacta Group – https://inacta.ch/en
Crypto Oasis – https://cryptooasis.ae

Inacta Press Office
Maurus Schupfer
Communications Manager
+41 41 725 08 54
maurus.schuepfer@inacta.ch

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

London-based Downtown International enters JV with ONERHT to expand Asia-Pacific presence

SINGAPORE, Feb 27, 2023 – (ACN Newswire) – London-headquartered multinational real estate agency Downtown International has entered into a joint venture (JV) partnership with Singapore-based RHT AlDigi Financial Holdings, a member of ONERHT, as part of its expansion into Asia.



Downtown International is an award winning multinational real estate agency offering an extensive range of brokerage services for residential and commercial properties in downtown areas of major cities across the globe. With over 1000 agents and 150,000 real estate investors on its books, it has become a market leader in its field since its founding in 2011.

The JV partnership adds significant value and synergies to ONERHT's ecosystem of multidisciplinary professional services, including members RHT Real Estate and SDAX. RHT Real Estate's Singapore portfolio for its clients will now be complemented with Downtown's portfolio of international properties.

The JV will look into tokenisation of real estate assets on SDAX. Supported by its strategic shareholders ESR, PSA and Straits Trading, SDAX is a Monetary Authority of Singapore licenced platform that serves institutional, accredited and retail investors, providing uniquely curated assets including tokenised real estate. Through the combined strengths of both partners in origination and distribution of real estate investments, the JV will be able to offer tokenised international real estate for clients.

Mr Martin Ashkuri, Group Chief Executive Officer of Downtown International, said, "This partnership represents a significant milestone as we expand our reach and capabilities in Asia with the addition of real estate tokenisation. Access to the ONERHT ecosystem of multidisciplinary firms will place Downtown International at the forefront of future real estate trends."

"With a presence now firmly established in Asia, Downtown International will look to other major centres in the region to further develop its distribution channels. Beyond its regional headquarters in Singapore, Downtown has identified 7 additional centres in an ambitious 3-year expansion plan initiated by our Senior Management team," he added.

The JV will capitalise on Asian Pacific investors' sustained appetite for European real estate as well as the region's relative optimism on growth.

Dr Han Bin, Managing Director of the JV, Downtown Realty Pte. Ltd., said, "We plan to leverage the emerging trend of cross- border capital flows and potential of tokenisation in the real estate market to create cutting edge investment solutions. We have been working closely with institutions and family offices across the region to realise initial deal flows. We believe in the potential of tokenisation to reach out to a larger pool of investors. Tokenisation will enhance the ability for diversification and risk management of portfolios and promote liquidity in the real estate sector."

About ONERHT

ONERHT is an integrated multidisciplinary platform of professional services. Since 2011, RHTLaw Asia's founding team aspired to develop a second engine of growth through ONERHT, an independent ecosystem of professional services, associated companies and networks, complementing RHTLaw's full service legal offerings. Please visit www.onerht.com.

About Downtown International

Downtown International is an award winning multinational real estate agency offering an extensive range of brokerage services for residential and commercial properties within downtown areas across the globe. Downtown International specialises in the sale and marketing of off-plan residential developments and represents leading residential property developers showcasing an extensive portfolio of properties to our clients. For details, please visit www.downtowninternational.com.

About SDAX

SDAX is a regulated investment and trading platform providing multi asset securities and fund units. It fractionalises and tokenises institutional-grade real assets for trading on SDAX's blockchain powered exchange. SDAX democratises access into the universe of securities – private funds, private equity, private credit across different industries – for the benefit of a wider investor base. For more details, please visit www.sdax.co

For media queries, please contact:
Elliot Siow / elliot.siow@rhtgoc.com / +65 8375 0417

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com