Quantum Generation and Plato collaborate to deploy a Fully decentralized Space base quantum Network by 2027

Raleigh, NC, Jul 15, 2022 – (ACN Newswire) – Quantum Generations Qubit Blockchain The first testing node was launched to low Earth orbit in 2018 on SpaceX and was the first generation of Blockchain to engage in the space race and quantum space revolution. Schedule to deploy the Plato Blockchain nodes in the 1st quarter of 2023.

The partnership between the space industry and Blockchain is mutually beneficial. Conducting transactions via satellites will provide an even higher level of security and decentralization to distributed ledger technologies like Plato and Qubit Blockchain. Consequently, the quantum infrastructure is protected against any physical intrusion.

Plato's robust WEB3 platform and data execution, coupled with Quantum Generations' quantum communications, data storage technology, and space-based Quantum Internet, will transform the digital economy and open up the last mile.

Additionally, the collaboration will present a chance to advance space technology. We have opened up an exclusive membership program for the QG Community. Every new member will receive a Web3 address from the Plato's platform and be placed on the priority list for the QPhone and other products and services. "We are thrilled to be a part of such significant industry advancements. Furthermore, we are pleased to collaborate with a distinctive partner in Plato, which will now be the Fourth Blockchain to participate in this space race," said Larry Castro, CEO of Quantum Generation.

The partnership represents a huge step toward the quantum space revolution and a new frontier.

About Quantum Generation

Quantum Generation is developing 24/7 access with new sovereignty worldwide under a decentralized, incentivized, secure, and private platform. Space-Based Quantum Ecosystem QUBIT Blockchain Satellites and Quantum Generation Quantum Mesh Network. Creating the QG (Quantum Generation) Space-Based Social Community. QGWave (Quantum Frequency), transforming our global infrastructure in quantum communications, space-based banking, exchange, data storage, Decentralized social platforms, and more with QSAT quantum secure satellite constellation.

Video: https://youtu.be/Wskld60-dc0
Web: https://quantumgeneration.io

About Plato

Plato is an open intelligence repository and platform that curate's the latest data intelligence across the innovation economy. The platform is designed to provide a safe and secure environment to consume sector-specific real-time data intelligence while delivering fully secure Web3 connectivity. Plato covers 27 Market Verticals across 27 languages. Plato's mission is to drive the shift to Web3 by organizing the technology sector via real-time research access across multiple data sets including an organized taxonomy consisting decentralized directories; news and intelligence, regulatory information, company fundamentals, pricing and liquidity, data analytics, OnChain data, people directory, dApp directory and GitHub contributions to the registry. Plato was designed to seamlessly connect users with thousands of Defi specific applications

Web: https://platodata.ai
Video: https://vimeo.com/557585798

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Quantum Generation and Plato collaborate to deploy a Fully decentralized Space base quantum Network by 2027

Metabook Launches Web3 / Metaverse Reserve System

Arizona, Jul 5, 2022 – (ACN Newswire) – Metabook announced today the launch of a Web3 rating system and is launching an influencer program, aimed at returning hope to the crypto ecosystem.

For that purpose, there is the first Ranking of Web3 leaders fighting against the wrong statements about "crypto winter", and an XR program with the tagline "Ikonic. Own the moment", with fan art contest dedicated to Johnny Depp. Depp was fighting the lies, and Web3 leaders do the same.

Metabook has created infrastructure, to be used for Web3 Reserve system that is the hedging mechanism for partners of our Sharing Economy. The Metabook mission is to make researches and take into Reserve pool the top rated NFTs, digital assets, to use them in XR campaigns and hedge the value. Facts show that there is no crypto winter, but a lot of patient venture capital allocated to bridge us into another bull run.

Web3 Bull Run needs:
– A new innovation trigger (like DeFi or NFTs) for a new form of native value.
That Value Is Coming From Metaverse Format Shifting, Backed by Meta Alliance
– A mass support by influencers. When influencers supported NFTs, it started booming.
– Big Tech executives don't make a living off of media activities, so they can lie to the audience, when it is in their interest. Now, their interest is to replace the old workforce, and they tell us about "signs of recession, Winter".

According to CB Insights, there are now 1,146 unicorns, 1000 more than there were in 2016 (and about 100 have become unicorns this year).

Top-20 Metaverse heroes who inspires the hope in a new innovation cycle.
Thanks to Jamie Burke and other open Metaverse / Web3 leaders. There is Metabook top-20:

1. Tal Eliashiv. Managing Partner at SPiCE Venture Capital
2. Bill Tai, Metagood founder
3. Matthew Ball. www.matthewball.vc/the-metaverse-primer
4. David Namdar. www.davidnamdar.com/portfolio
5. Jamie Burke (and the entire Outlier!)
6. Chris Hitchen. He invested in more than 100 startups and worked as venture partner with VC funds EQT Ventures, Project A and SquarePeg Capital prior to establishing Inventures, the Inventures Collective and now Possible Ventures.
7. CZ. Binance founder
8. Hrish Lotikar. CEO at SuperWorld. Ex-Global Evangelist at Toptal (backed by Andreessen Horowitz, this company now is hiring thousands of IT/marketing profs).
9. Sandeep Nailwal, Polygon founder
10. Alesis Ohanian, Reddit founder, his new fund is focused on this area.
11. Brendan Wallace
12. Brendan Blumer
13. Bryan Feinberg, Plato / W3 Networks
14. Tomasz Tunguz, Redpoint
15. Kathryn Haun
16. Gigi Levy-Weiss, NFX
17. Jeff Jordan (Andreessen Horowitz)
18. Fabrice Grinda
19. Niko De Jonghe
20. Sheridan Tatsuno.

Metabook will return Johnny Depp, to return the hope to the market

Metabook's Rating Methodology, based on Cycle of Market Emotions, has the answer
to the market crash situation.

Toxic people. They make problems for good people. It is right in the Depp – Heard
case, it is right in the markets crash situation.

Metabook's public appeal to Mark Andreessen: Why don't you embrace a bold PR
strategy, like Johnny Depp, defeating the dominant public opinion, directed by toxic
media?

About Metabook:

The Metabook is an International Metaverse blockchain platform, aimed at doing crowd ratings and decentralized distribution of innovative technologies from these ratings.
Metabook platform is a community-driven Reputation platform: top rated digital assets will be taken into a Reserve pool, to share the benefits with the community.

"Ikonic. Own the moment"
https://www.facebook.com/MetabookHealth/

Source: Metabook.Digital

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

CortDAO Racing W Series Team Launches NFT Initiative To Supercharge Women’s Participation In Motorsports

Hopes to raise GBP1million with initial release; proceeds go to team sponsorship and CortDAO’s W Series investment

LONDON, June 30, 2022 – (ACN Newswire) – Women have been historically underrepresented in motorsport due to the lack of funding and opportunity. CortDAO, in partnership with W Series, is looking to change that dynamic. By appealing to the Web3 community and a growing women’s motorsports fanbase, CortDAO is launching its first-ever series of NFTs, with its proceeds to be invested in W Series.

CortDAO was founded by Michael Livingston with the mission to build a community-led platform that could authentically promote female racers and further women in motorsports. The first step of its mission was to launch a team in W Series, the world’s first free-to-enter single-seater motor racing championship for women. Unveiled in March, the CortDAO Racing W Series Team now competes in the 2022 season of W Series and is preparing for the upcoming round at Silverstone, UK, alongside the F1 Lenovo British Grand Prix this weekend.

CortDAO is looking at new ways to involve the Web3 community in its crowdfunding ventures, as well as engage with corporate sponsors who believe in its mission. With W Series Round 4 around the corner, the focus is now on releasing CortDAO’s first-ever NFTs (non-fungible tokens) to secure additional investment. Launching on 30 June – a total of 10,000 NFTs depicting two bespoke CortDAO Racing assets (5,000 NFTs of each design with a unique identifier from 1 to 5,000) will be issued. The two designs, created by Team Quantum Punks, will be 3D virtual depictions of the limited-edition racing helmets of team drivers Marta Garcia (21, ESP) and Fabienne Wohlwend (24, LIE).

One-third of the proceeds from the sale of CortDAO NFTs will go towards sponsorship of the team, and two-thirds of the proceeds will go towards CortDAO’s investment in W Series Limited at the last traded price. CortDAO is looking to raise GBP1milion in this initial release, and in time, CortDAO will offer purchasers the opportunity to convert each NFT into a token.

Michael Livingston (Founder CortDAO)
“We have had many people wanting to assist in growing W Series and women’s racing and have tried to price our NFTs as affordable as possible to our fanbase. Our NFTs will bring fans closer to the action and allow them to feel a sense of pride as their money will go towards supporting women struggling to succeed in a male-dominated sport. CortDAO will not receive any profits from the sale of its NFTs, so our intentions are genuine. The proceeds after costs will flow to W Series so that purchasers will be helping not only CortDAO and our brilliant drivers, Fabienne Wohlwend and Marta Garcia, but also the whole W Series.”

Follow:
Instagram // Discord // TikTok // Twitter // OpenSea //

Contact:
Email: contact@cortdao.com

Asia’s Largest Play-2-Earn Crypto Expo to Kick Off in Bangkok August 10 to 13

BANGKOK, June 29, 2022 – (ACN Newswire) – Play-2-Earn Hybrid Expo Asia, the world’s first event focused specifically on the Play-2-Earn industry for businesses only, is to be held this year in Bangkok, Thailand from August 10 to 13 at W Hotel Bangkok and Metaverse. With up to 250 physical C-suites and more than 500 virtual attendees expected from all around the world, the expo is to bring together the entire ecosystem of the P2E industry from guilds, venture capitalists, game developers, exchanges, launch pads, and key opinion leaders.

With a direct approach to connecting the most experienced individuals and companies and building a strong P2E community, the expo stands out by focusing entirely on a business-to-business approach rather than being consumer-centric.

What to Expect at P2E Hybrid Expo Asia

3-Day programme will present an immersive experience for more than 250 physical and up to 2,000 virtual attendees. More than 50 speakers will participate in panel discussions to share their insights and experiences. Each day will end with an evening of networking at a unique location across Bangkok, including at W Bangkok’s very own House of Sathorn featuring welcome drinks on the first night. The second night will be at Bangkok’s one of the trendiest rooftop bars at Tichuca Bar and the event will end off with a pool party at Wet Deck at W Bangkok on the last night.

A business matching portal will be provided for all the attendees one month prior to the event to be able to request for meetings with others in attendance to nurture connections and synergies for partnerships. With virtual booths of sponsors in tow, the hybrid component of P2E Expo Expo will ensure virtual attendees from around the world will have access to all the insights being shared.

Play-2-Earn Industry in 2022

Play-2-Earn Hybrid Expo Asia comes at a significant time in the P2E industry, having taken off just a year ago. Despite being in its early stages, a huge number of game projects have raised a significant amount of funding and the concept of Play-to-Earn has evolved into Play-to-Earn and Move-to-Earn. There is a significant shift for traditional game developers to join the Web3 movement, which demonstrates P2E as an industry itself making a real impact and empowering third world countries.

P2E industry being in its early phases of development is more the reason to attend, connect, and share insights with those in the same field to strengthen the community and the industry. The environmental conditions such as the bear market we are facing today further underscores the need for the P2E industry to evolve and find the perfect balance to self-sustain and grow.

Final Winner at Pitch Competition to Win up to $3,000,000!

Impressive lineup of judges from the P2E space will be physically present at the event including venture capitalists and guilds such as DFG/Jsquare, Enjin Starter, Faculty Group, Openspace ventures, SeaX Ventures, and YGG SEA. Every game is able to submit its whitepaper on the website to be shortlisted and invited to pitch. With a total of 8 pitches by game developers, the pitch competition at P2E Hybrid Expo Asia is one of the most coveted parts of the event programme especially with more attention towards the introduction of the new games that are emerging in the market.

Future of Play-2-Earn Hybrid Expo Asia

Play-2-Earn Hybrid Expo Asia stays true to its mission of empowering the P2E ecosystem and is looking to host the expo throughout the year with its subsequent one planned for early 2023 in the exciting destination of Bali, Indonesia. Bali is widely known for playing host to a huge surge of Web 3.0 and blockchain residences from those flying in from around the world and it will be an exciting spot to kickstart 2023 for the P2E community.

Plato Blockchain Announces the Launch of ‘Minting the Future’ Podcast

Washington, D.C., Jun 21, 2022 – (ACN Newswire) – Plato Blockchain is pleased to announce the launch of the "Minting the Future" television show. The global broadcast show will be hosted by Adryenn Ashley, an award winning producer and on-air host.

Ashley, who also created the show, said it shares the title with her book "Minting the Future," which is scheduled to be published in the near future.

Ashley has over 30 years' experience in the industry, both in front of and behind the camera. From shooting her first feature film in 8 days that went on to win awards around the globe for 2 years, to launching a TV development platform to give content creators greater control that put her talk show "Wake Up" on national broadcast television in 4 months, passion and an eye for what's next have populated the projects that she has championed.

Today, Ashley's unique perspective mentoring startups and advising global investment firms is applied to the world of NFTs and Blockchain. She is a sought after international speaker and has interviewed most of the top names in blockchain, many of whom will appear on the show.

Show Topics will include:
– Blockchains of the Future
– Security vs Anonymity
– Hackers and Rugs
– Benefit and Use of DAOs
– NFTs – Securities or Utilities
– Play to Earn Gaming
– Sovereign ID

As Ashley noted, "Minting the Future" is best described as "infotainment." "The first edition of the book in 2017 was focused on entrepreneurs and how they could use ICO's to fund their startups," she said.

"With this edition, it's about building unstoppable unapologetic decentralized applications, and how the future will look when blockchain gives users rights to their data and ownership of their assets. The show will give viewers insights that will demystify the technology, as well as the numerous opportunities in the industry."

The show will be presented by Plato Technologies, the cross-chain Gateway to the world of Decentralized Gaming, Streaming and Metaverse experience. Plato connects the technology sector with investors and uses AI and machine learning to curate data for the users.

Delivered via a multi-platform distribution and streaming on CrowdedTV (Ashley's former startup that she's transformed into a DAO), App and Video Podcast, the show's audience has a potential reach of over 600 million households.

About Adryenn Ashley, Speaker/TV Host/Pundit/Crypto Evangelist

Adryenn Ashley is a serial entrepreneur, speaker, and investor. As a Startup Advisor her advice is sought after, whether for her abilities to viralize a global conversation, or increase a company's revenue while streamlining costs. Her expertise ranges everywhere from breaking into banks (security testing in the 1990's), to being one of the first females in AI in the 2000, giving Ashley decades of experience in navigating the bleeding edge of what's next. Ranked the #1 Woman in Blockchain Influencer in 2019 and having recently regained her ranking, she has spent more than a decade immersed in blockchain, artificial intelligence, and augmented reality.

To receive information about the 'Minting the Future' Podcast TV Show launch, please contact: info@getme.press

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

NFT Association of Hong Kong Officially Launched and Announces Strategic Partnership with TADS Awards

HONG KONG, Jun 6, 2022 – (ACN Newswire) – The NFT Association of Hong Kong ("NFTAHK"), the first registered non-profit organization in Hong Kong specializing in the field of non-fungible token (NFT), announced its official launch on 3rd June 2022. With its base in Hong Kong, NFTAHK is an inclusive association made up of both private individuals and corporate members from around the globe, and gathers creators, collectors, and enthusiasts throughout Asia and internationally. NFTAHK is dedicated to provide, promote and share the creation techquies, educational content, and market information of NFT collectibles and Web3.0 related topics.

The NFT Association of Hong Kong ("NFTAHK") — the first registered non-profit organization in Hong Kong specializing in the field of non-fungible token (NFT) official launched

With an aim to develop and grow the NFT market, NFTAHK is proudly announcing its strategic partnership with TADS Awards, the world's first international awards for Tokenized Assets & Digitized Securities (TADS) that originated in Hong Kong in 2020. NFTAHK will collaborate with TADS Awards to launch the new NFT Awards category in the 2022 TADS Awards, which is the 3rd anniversary of TADS Awards. Global NFT artists, creators, collectors and project owners are welcome to participate in the nomination. For more information on TADS AWARDS 2022 nomination process, please visit – https://tadsawards.org/.

Each NFT has a unique smart contract identifier that acts like a digital fingerprint and provides uniqueness and traceability to digital collectibles. This can add value to digital collectibles by prove the provenance and facilitating a smooth transaction process. According to a report from DappRadar, NFT sales volume reached USD 24.9 billion in 2021, compared to just USD $94.9 million in 2020.

Ir. Eric Chan, Chief Public Mission Officer of Cyberport said, "Blockchain technology, with its decentralised, transparent, tamper-proof, and traceable features, has been driving lots of innovative solutions across industries, from finance, healthcare to arts. NFT has become the hottest topic in the art scene recently, but it can also be applied in many other sectors. As the key promoter of blockchain technology and ArtTech in Hong Kong, Cyberport is very glad to see a group of passionate professionals establish the NFTAHK to further promote the NFT market in Hong Kong."

Mr. Tony Chan, Founder and Chairman of NFTAHK said, "The well-designed crypto regulatory framework in Hong Kong gives clarity to the market and positions Hong Kong as the perfect location for setting up of NFTAHK. We have received much interest for high-quality NFT projects from Chinese celebrities and artists for launching NFT projects in Hong Kong, and believe NFTAHK can be a good bridge and bring much value to NFT communities in the Greater Bay Area and China."

Mr. Samson Lee, Co-founder and Co-Chairman of NFTAHK, Founder & CEO of iSHANG and Co-organizer of TADS Awards commented, "We are delighted to formally establish NFTAHK and consolidate resources to better serve the NFT community in Hong Kong as well as international communities that are linked to Hong Kong. Hong Kong is one of the top international financial centres, and there is considerable trust in the city's well-established contractual, private property, and copyright laws. Hong Kong has strong potential to be the leading NFT hub in Asia and globally."

NFTAHK is exhibiting at the ARTAVERSE Exhibition from 3-12 June 2022, featuring over forty NFT artists / projects at its two exhibition containers (#A04 & #B04), with one container dedicated for ESG and impactful NFT projects. Some of the artists / projects include (alphabetically) Ali Ghorbani, Ape to the Moon, Asia Tigers Club, Camille Merre, ImpactNFT Alliance, ish-bytes, Jacoba Niepoort, Jacqueline Yeung, Julian Gaertner, King of Kowloon, Kiyoko Tsukabayashi, Laurence Lai, Marc Gaillet, Melinda Manunta, MetaMALT, Micha Klein, OliveX, Oona, Prof. Kinsan Chung, Qi, Ruvan Wijesooriya, and the Sophia x Sophia collaboration.

About NFT Association of Hong Kong ("NFTAHK")
Founded in 2022, NFT Association of Hong Kong ("NFTAHK") is a registered non-profit organization in Hong Kong. NFTAHK is dedicated to provide, promote and share the creation techquies, educational content, and market information of NFT collectibles and Web3.0 related topics . Our mission is to help build a community that allows our members to learn, collaborate, network and unlock their creativity in ways only limited by their imagination. With our base in Hong Kong, we are an inclusive association made up of both private individuals and corporate members globally. For more information, please visit – http://www.nfta.hk/

About TADS Awards
First launched in 2020, the Tokenized Assets & Digital Securities Awards ("TADS Awards") is the world's first annual international awards for the Tokenized Assets & Digital Securities sector. It celebrates this industry by recognizing and honoring significant contributions and distinguished achievements worldwide. Hosted annually, the TADS Awards brings together individuals and businesses to share the energy that tokenization brings to the financial sector. TADS Awards also aims to nurture the growth of these specific industries by jointly establishing "best practices" and setting "measuring standards" for high-quality tokenized assets and digitized securities, together with other industry leaders on the global market. For more information, please visit – https://tadsawards.org/

PRESS CONTACT:
Director of Public Relations
NFT Association of Hong Kong
E-mail: pr@nfta.hk.com
Website: www.nfta.hk.com

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

ESTN Launches World’s First Player-Owned Esports Metaverse Arena Featuring Universal Player Ranking Engine

SAINT PETERSBURG, FL , Jun 5, 2022 – (ACN Newswire) – ESTN announced the official launch of the Electronic Sports Tournament Network – a global blockchain-powered metaverse esports arena owned via NFT 'Seat Licenses'.

The ESTN platform allows gamers and organizers to host their own online tournaments and the ability to earn a share of fiat winnings, prize pools and arena earnings and NFT distributions via the ESTN Vault. Esports tournament competitor pairings will be based upon the ESTN-derived Universal Player Ranking engine (UPR score) to assure like-skilled athlete match play.

18,100 NFT-based ESTN arena seat licenses are available and unlike traditional NFT's, ESTN seat holders will earn a percentage of future game pass revenue generated through tournament fees. ESTN plans to allow game developers to self-publish new games to the ESTN Metaverse Arena for direct-to-developer revenue pass-through.

"We've been developing ESTN for over 4 years and have embraced and integrated decentralization to provide scale, stability and accountability for seat owners and gamers as ESTN grows. Popular video games have developed massive economies based on in-game transactions, but that value has been locked within those game platforms. ESTN makes game assets fungible and transferable, providing security, authenticity, and asset mobility," said ESTN Founder and CEO Robert Raff. "While the NFT art marketplace has peaked, we are using NFT's to transform the esports landscape."

ESTN encourages Esport gamers, agents, tournament organizers, game developers, investors, and interested NFT enthusiasts to claim their own ESTN NFT "vault box" and get first access to the ESTN tournament platform, now in live beta: www.JoinESTN.com

"We're very excited about the positive benefit for gamers with Universal Player Ranking as it will provide a clear training and career path to advance from amateur to pro. Expect to hear more news soon as we proceed through final tournament testing and announce the gaming and NFT industry heavyweights joining our leadership and advisory teams," Mr. Raff concluded.

The Universal Player Ranking (UPR) is designed to become the global standard in competitive gamer skills ranking. The ESTN platform tracks player performance across any platform-supported game, enabling ESTN to rate player performance across multiple games, thus standardizing ranking methodologies across the entire esports landscape. UPR is grounded in blockchain technology to guarantee fair and immutable record keeping of real-time player performance assessments. Each player's UPR will update on the blockchain, ensuring transparency and accountability.

ESTN's UPR scoring model is based, in part, upon neuro tracking and the measuring of reaction time, which creates a standardized initial skills assessment with a simple but powerful 5 minute on-screen exercise to establish a base score. This score is then incorporated into 30++ other datapoints that make up the UPR score. Gamers can use the on-screen exercise to train for better reaction time as well.

For more information go to https://estn.io.

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Society Pass (SoPa) Acquires Singapore-based Gorilla Networks, a Next-Gen Blockchain/Web3 Mobile Virtual Network Operator to Drive SEA’s Growing Demand for a New Meta-Economy Experience

SINGAPORE, Jun 3, 2022 – (ACN Newswire) – Society Pass Incorporated ("SoPa") (Nasdaq: SOPA), Southeast Asia's leading data driven loyalty and ecommerce ecosystem, announced today that it acquired Singapore-based Gorilla Networks Pte Ltd ("Gorilla"), a leading next generation Web3-enabled MVNO.

Established in Singapore in 2019, Gorilla utilises Web3 technology to operate a MVNO for its users in Southeast Asia. With network coverage to over 160 countries, Gorilla offers a full suite of mobile communication services such as local calls, international roaming, data, and SMS texting. More importantly, Gorilla enables its customers to convert unused mobile data into digital assets or Gorilla GO Tokens through its innovative proprietary blockchain-based SwitchBack feature. Gorilla GO Tokens in turn can be redeemed for eVouchers, to offset future bills, or be redeemed for other value-added services.

With the rebound of the travel market throughout Southeast Asia in 2Q/3Q 2022, Gorilla expects to dramatically increase its customer base by marketing to the region's business and leisure travellers with its user-friendly technology platform. It plans to expand its MVNO services offering to Vietnam, Thailand, and Malaysia over the next 12 months.

Dennis Nguyen, Society Pass Founder, Chairman and Chief Executive Officer, explained, "We are excited to make our first acquisition in Singapore, and welcome Gorilla into our SoPa family. Gorilla's technology platform aligns well with our acquisition strategy as we incorporate Gorilla's blockchain and Web3 capabilities onto the SoPa ecosystem and enable the new meta-economy for all our portfolio companies. From our Leflair lifestyle e-commerce platform to our Pushkart/Handycart F&B delivery services, as we roll out the Society Pass loyalty platform in the coming months, we leverage Gorilla's technology to drive customer retention for merchants and create innovative revenue models for our ecosystem."

"When we started Gorilla Networks three years ago, our vision was to build a democratised mobile communications service platform where users regardless of nationality, home location or mobile subscription plans can access essential telecoms services such as roaming and mobile data anywhere and everywhere throughout the world. Gorilla is currently transitioning existing web 2 telco services onto the web3 economy by tokenising mobile data as digital assets. In 2021, we digitised eSIMS, data plans, and mobile numbers as NFTs, which dramatically transformed how our users purchase, interact and experience mobile services. By joining forces with SoPa's extensive ecosystem and large user base in Southeast Asia, we are thrilled about the combined marketing capabilities we will now bring collectively to our partners and customers," exclaimed Xanne Leo, Founder and Chief Executive Officer of Gorilla Networks.

Society Pass leverages cutting edge technology to tailor an unprecedented experience for the next generation customers in the purchase journey and to transform the entire retail value chain in Southeast Asia. Through the acquisitions of market-leading companies and partnerships with visionary entrepreneurs in six distinct B2C e-commerce verticals: lifestyle, food & beverage delivery, travel, digital marketing, telecoms and food and beverage ordering, the Company meets SEA's growing demand for a new meta-economy experience.

About Society Pass

As a loyalty and data marketing ecosystem, Society Pass operates multiple e-commerce platforms across its key markets in SEA. Its business model focuses on analysing user data through the expected launch of its Society Pass loyalty platform and circulation of its universal loyalty points, which seamlessly connects consumers and merchants across multiple product and service categories to foster organic loyalty. Since its inception, SoPa has amassed over 1.6 million registered consumers and over 5,500 registered merchants/brands on its platform. It has invested 2+ years building proprietary IT architecture with cutting edge components to effectively scale and support its consumers, merchants, and acquisitions.

Society Pass provides merchants with #HOTTAB Biz and #HOTTAB POS – a specialized POS technology solution, a comprehensive system for payment, loyal customer management, user profile analytics, and convenient financial support packages for small and medium-sized enterprises.

In addition, SoPa operates Leflair.com, Vietnam's leading lifestyle e-commerce platform, Pushkart.ph, a popular grocery delivery company in Philippines, and Handycart.vn, a leading online restaurant delivery service based in Hanoi, Vietnam. For more information, please check out: http://thesocietypass.com/.

Media Contacts:
PRecious Communications
sopa@preciouscomms.com

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Dubai Grants Ex-Singapore Parliamentarian Calvin Cheng’s Web3 Company a Virtual Asset License

ABU DHABI, UAE, May 23, 2022 – (ACN Newswire) – Singaporean investor and entrepreneur Calvin Cheng has established a non-fungible token (NFT) and fan token investment holding company in Dubai. Cheng, formerly an appointed Member of Parliament in Singapore, will invest in projects to integrate crypto into fashion, media and entertainment via Calvin Cheng Web3 Holdings FZE.

The Dubai Virtual Asset Regulatory Authority (VARA) has granted the company a provisional Virtual Asset License. VARA is the world's first specialised regulator for virtual assets, such as cryptocurrency. As Dubai moves towards safer economic freedom backed by greater technological innovation and digital transformation, VARA will play a central role in creating new investment opportunities in Dubai's fast-growing virtual asset industry.

The announcement follows similar preliminary permits that enables readiness to operate under full regulatory supervision, that VARA is granting to world-leading crypto exchanges Binance, FTX, Crypto.com and Bybit among other VASPs in the chain.

Exclusive access and increased engagement

Calvin Cheng Web3 Holdings FZE's portfolio will include AmberX, an exclusive membership NFT that allows qualifying members access to Amber Lounge: Formula 1's leading VIP lifestyle and entertainment pop-up lounge. Another portfolio company will be Celeb X, an NFT and fan token system designed to allow celebrities to directly engage with their social media followers, and in turn, for the fans to access exclusive benefits with celebrities including models, actors, sports icons and others.

VARA: A ticket into the metaverse

Calvin Cheng Web3 Holdings FZE voluntarily elected to obtain a VARA license to gain access to a regulated ecosystem, despite their product offering not being subject to supervision in other global jurisdictions. The license provides greater customer assurance and increases consumer risk protection.

As the only global economy to have an independently regulated virtual assets environment under VARA, Dubai's virtual asset's ecosystem is governed by comprehensive legislation and internationally applicable policy frameworks. Designed as the world's first participatory-governance model, where industry innovators and market shapers share responsibility with policy makers to create a more democratic and borderless economy, VARA is structured to increase collaboration and innovation, without compromising public protection.

Under the VARA regime, all business services will be subject to thorough regulatory oversight, and end-to-end mandatory Financial Action Task Force (FATF) compliance controls.
VARA noted, "Calvin Cheng Web3 Holdings FZE will be the first international business to actively seek regulation, despite being able to operate lawfully in many other qualifying global jurisdictions. Such appreciation of the need for strong governance in order for the sector to mature and safely scale, reflects credible intent of purpose and sound reputation of Mr. Cheng, which have supported our consideration for this company to participate in Dubai's MVP programme."

Calvin Cheng added, "Dubai is fast positioning itself as the leading Virtual Assets Hub in the world. Digital Assets is a new space, which needs progressive regulators to keep up with entrepreneurs' focus on innovation and growth. We are proud to be the first NFT VASP to enter this regulated ecosystem as our commitment to support strong guard rails for the crypto industry to safely grow. A new and forward-thinking regulator like VARA is well-positioned to firmly establish Dubai as the leading global centre for digital assets."

About Calvin Cheng Web3 Holdings FZE

Calvin Cheng is currently the Chairman of listed Chinese EdTech firm ReTech Technology Co, which he led to an Initial Public Offering, together with leading investors from China. ReTech's shareholders include several co-founders of Alibaba, as well as founders of other leading Chinese tech companies. Prior to ReTech, Cheng was the Head of Elite Model Management for Asia. He was also the licensee for Ford Supermodel of The World for China, Singapore and Malaysia. Cheng launched a media investment fund with China's leading film and media group, The Bona Film Group. In Singapore, Cheng was founding director of Lumina-Looque Group, which organises fashion events for global luxury brands like LV, Moncler and Ferrari. Lumina also involved in organising the launch of Dubai Meydan City.

Cheng was a former appointed Member of Singapore's Parliament and a Young Global Leader of the World Economic Forum.

About VARA

Dubai Virtual Asset Regulatory Authority (VARA) is the world's first specialised regulator for the Virtual Assets sector. Established in March 2022, following the effect of Law No.4 of 2022, VARA is responsible by decree for licensing and regulating the Virtual Asset sector in the Emirate of Dubai and its free zone territories (excluding DIFC), and oversees all licensing requirements and applications for authorisation of Virtual Asset activities under UAE law. VARA plays a central role in creating Dubai's advanced legal framework to protect investors and establish international standards for Virtual Asset industry governance, while supporting the vision for a borderless economy.

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