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Yolo Group Partners with Solaride to Target Next Generation of Sustainable Innovation

Yolo Group Partners with Solaride to Target Next Generation of Sustainable Innovation

August 10, 2023, London UK —  Yolo Group, known for bringing next-level innovation to the world of gaming, fintech, and blockchain, has agreed to a landmark partnership with Solaride, an Estonia-based project supporting the future of sustainable technology education and entrepreneurship.

Clean Energy Alliance

The partnership will see Yolo Group assisting Solaride in its mission to encourage more students to study technology and promote clean energy. The Yolo Group logo will also appear on the Solaride SolarCar as it competes against top universities around the world in the Bridgestone World Solar Challenge in Australia. The 3,000km race between Darwin and Adelaide begins on October 22.

Karl Tanel Paes, Head of Finance and Partnerships at Solaride, stated that: 

“Team Solaride is delighted to have Yolo Group as a sponsor. Their support will help us promote engineering and technology and through participation in the Bridgestone World Solar Challenge, the world’s toughest solar car competition, held in Australia we will reach our goal.” Paes added that the Solaride team is excited to present their solar car to the world and to inspire others with the help of Yolo Group.”

In September, Yolo Group’s Talent Acquisition Lead Mirjam Laurisaar will take part in a leadership training day with Solaride, assisting the project with its recruitment across a series of workshops.

Richard Barnwell, Head of Partnerships at Yolo Group, said: 

“We’ve been massively impressed by everything the Solaride team has achieved over the past three years. As well as the SolarCar itself, their commitment to nurturing the next generation of environmentally-conscious innovators is inspiring. They share our fun, fast, and fair values, and we’ll be supporting them on the next step of this remarkable journey.”

The Solaride project began in 2020 as an initiative by two students at the University of Tartu with the aim of building the first solar car in the Baltics. That achievement has today grown into an interdisciplinary education and cooperation project whose main focus is the development of future talent and the popularization of technology education. More than 300 high school students, university students, mentors, trainers and partners are now involved.

About Solaride

Solaride is an interdisciplinary education project that develops future leaders through practical challenges, collaboration, and the Solaride Academy training and mentorship program. As part of the project, a world-class solar car will be built to compete in the Bridgestone World Solar Challenge 2023, going against the top universities in the world. The goal of Solaride is to develop people by developing a solar car.

Solaride’s main sponsor is the Estonian government in cooperation with Tehnopol. Major sponsors include TalTech, the University of Tartu, and the Estonian University of Life Sciences, as well as companies like Magnetic MRO, Telia, Norma, Solarstone Energy, Milrem Robotics, Go Travel, Fractory, Intar, Tartu City, Incap, Sunly, Elmo Rent, and City Motors. Additionally, many other companies and organizations support the project. Find out more at  www.solaride.ee

About Yolo Group

Yolo Group brings next-level innovation to the worlds of gaming, fintech, blockchain, and more. Serving millions of users worldwide, the Yolo Group is committed to putting the customer at the center of the universe via a wide range of fun, fast, and fair products and services, including the pioneering bitcoin-led casino Bitcasino.io and innovative sports betting site Sportsbet.io.

Number 26th on the 2022 EGR Power 50 list of leading global operators, the Group continues to drive crypto adoption and fintech innovation within both the iGaming and entertainment industry via its array of disruptive B2C and B2B brands.

With offices in Estonia, Malta, Brazil, Australia, and the Philippines, the Group has rapidly expanded to more than 900 employees of more than 60 nationalities. The Group continues to incubate and support new brands, developing its vast, expansive ecosystem of people, products, and services.

Find out more on www.yolo.com

Media Contact Details

Contact Name: Claudia Lama

Contact Email: [email protected]      

Yolo Group is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

 

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Wanchain Revolutionizes Blockchain Interoperability on Cardano with New Bridge Solution

Wanchain Revolutionizes Blockchain Interoperability on Cardano with New Bridge Solution

Press Release: Decentralized, non-custodial, bi-directional cross-chain bridges are officially up and running on Wanchain’s Cardano Bridges.

August 8, 2023, London, UKWanchain, maker of the first public decentralized cross-chain bridge, announced today that it has successfully deployed its Cardano Bridges. The bridges will connect the Cardano mainnet to Bitcoin, Ethereum, Arbitrum, Astar, Avalanche, BNB Chain, Optimism, Polygon, Tron, and other prominent public networks. 

Advanced Interoperability with Cardano Bridges

Powered by decentralized, non-custodial, bi-directional cross-chain bridges, Wanchain’s Cardano Bridges enable greater interoperability between networks and offer a huge influx of new assets and liquidity.

Wanchain’s Cardano Bridges advance interoperability, enabling numerous assets including ADA, other native Cardano tokens, all erc20 tokens, and several other notable assets to move seamlessly between Cardano, any EVM-based network, and select non-EVM networks.

New Opportunities for Web3 

The Cardano Bridges create new opportunities for developers and users as ADA and other native Cardano tokens can be used with any Web3 application on any EVM-compatible network. Further to this, ADA, BTC, ETH, USDC, USDT, and WAN can now all be brought to Cardano. Of note, this is the first time that fiat-backed stablecoins, in the form of USDT and USDC, are available on the Cardano mainnet.

The Cardano Bridges is a milestone project for Wanchain, which champions innovation and interoperability in blockchain. Given the fundamental differences in the Cardano network from other public blockchains, the Wanchain team needed to fully develop Haskell smart contracts which support cross-chain transactions; they also upgraded the Wanchain bridge nodes to be able to construct UTXO transactions to call Cardano smart contracts. Wanchain also enlisted Input Output to make necessary changes to Cardano by coordinating internal efforts to add native support for a Schnorr signature and Secp256k1 curve.

Upcoming Cardano Solutions

Now that the Cardano Bridges have connected the Cardano mainnet to Wanchain’s wide area network of public blockchains, Wanchain’s future interoperability solutions will also be available on Cardano, including Wanchain’s upcoming decentralized general message passing platform. 

The Cardano Bridges are already open and anyone interested can learn more about the many advantages here

About Wanchain

We are all connected — Wanchain, the Wide Area Network chain, is the world’s premier decentralized blockchain interoperability solution. Our mission is to drive blockchain adoption through interoperability by building fully decentralized bridges that connect the world’s many siloed blockchain networks. This cross-chain infrastructure empowers developers to build truly decentralized cross-chain applications to power the future of Web3.

Media Contact

Contact Name: Temujin Louie

Contact Email: [email protected] 

Wanchain Socials

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Wanchain is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

 

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Australian Cricket Legend Brett Lee Renews Global Ambassador Role with Sportsbet.io

Australian Cricket Legend Brett Lee Renews Global Ambassador Role with Sportsbet.io

August 1, 2023, London UK — Australian cricket great Brett Lee has signed on for another three years as a Sportsbet.io global ambassador, extending his role with the world’s favorite crypto-led sportsbook.

Second Innings for Brett Lee

Brett Lee first joined the Sportsbet.io team back in 2020. The fast bowler, with 310 Test and 380 ODI wickets to his name, has since fronted a series of bonuses and promotions exclusively available to Sportsbet.io players.

Brett Lee, Global Ambassador at Sportsbet.io, said: 

“Since joining the Sportsbet.io team, it’s been a real pleasure to represent the most exciting brand in sports betting. I’ve always shared the fun, fast, and fair values of Sportsbet.io, and that made it a very easy decision to extend this partnership. We’ve got some surprises in store for players over the coming months, so watch this space.”

Brett Lee has already fronted several promotions for Sportsbet.io, including cricket quizzes and the Awesome Foursome. He’s also chatted directly with fans and players on the Behind the Bet feature as part of Sportsbet.io’s Club Talk community.

Joe McCallum, Managing Director of Yolo Entertainment at Yolo Group, said: 

“We’re delighted that Sportsbet.io users can continue to bet with Brett. From his appearances on ‘Behind the Bet’ to the special promotions he’s fronted, Brett has always been an exemplary ambassador and we’ll be working closely with him on even more exclusive content and bonuses over the next three years.”

Anyone who wants to find out more about Sportsbet.io’s partnership with Brett Lee can click this link

About Sportsbet.io

Founded in 2016 as part of Yolo Group, Sportsbet.io is the leading crypto sportsbook. Sportsbet.io has redefined the online betting space by combining cutting-edge technology, with cryptocurrency expertise and a passion for offering its players the ultimate fun, fast, and fair gaming experience.

Principal sponsors of the English football team, Southampton FC, Sportsbet.io provides an expansive range of betting action across all major sports and eSports, offering players more than 350,000 pre-match events per year and comprehensive in-play content.

As the first crypto sportsbook to introduce streaming across all major sports, as well as a cash-out function, Sportsbet.io is recognized as a leader in both online sports betting and within the crypto community.

Sportsbet.io prides itself on its secure and trustworthy betting service, with withdrawal times of around 1.5 minutes among the fastest in the industry. For more information about Sportsbet.io, please visit the official website here.  

Media Contact Details

Contact Name: Claudia Lama

Contact Email: [email protected]     

Sportsbet.io is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

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Join the Crypto Experience with Sportsbet.io’s Exclusive Brand Ambassador Program

Press Release: Applications are now open for the Sportsbet.io ambassador program, ]the Crypto Experience’, with only 300 spots available.

June 29, 2023, London UK — The world’s favorite crypto-led sports betting site, Sportsbet.io, is inviting influencers, streamers, and natural-born networkers from around the world to apply for its new brand ambassadorship program.

Join the Crypto Experience

Both established influencers and those starting out on their journeys are invited to apply to the ‘Join the Crypto Experience’ program. Selected ambassadors will use their network and crypto know-how to introduce a luxurious and high-end Sportsbet.io ecosystem to new VIP players in return for a lucrative and game-changing brand ambassadorship partnership.

Streamers and influencers with access to VIP lifestyle networks will be strong candidates for the program. They’ll join existing Sportsbet.io ambassadors, including rap legend King Kaka and former Arsenal icon Nwankwo Kanu, on the team.

 

Nicklas Holmberg, Marketing Manager at Sportsbet.io, stated: 

“We want to empower content creators with access to the VIP segment to take their careers to the next level. Our new ‘Join the Crypto Experience’ program is offering those with great ambitions and greater dreams an unbelievable ecosystem to thrive on by becoming the official brand ambassador of one of the biggest lifestyle brands in the crypto world. In return, we’re looking for true partners who believe in how crypto is changing the game around the world. If you think you are a good fit, we’d love to hear from you.”

 

Only 300 Spots Available

The global scheme will be particularly focused on influencers across the Global South. With only 300 spots available making the list and a comprehensive selection process, competition will be intense, with only the most dedicated crypto ambassadors making the grade.

As well as King Kaka and Kanu, other Sportsbet.io ambassadors include Australian cricketer Brett Lee, Brazilian World Cup-winning footballer Denilson, and South African rapper Cassper Nyovest. Anyone who thinks that they have what it takes can learn more and apply for the exclusive program here

About Sportsbet.io

Founded in 2016 as part of the Yolo Group, Sportsbet.io is the leading crypto sportsbook. Sportsbet.io has redefined the online betting space by combining cutting-edge technology, with cryptocurrency expertise and a passion for offering its players the ultimate fun, fast, and fair gaming experience.

Principal sponsors of Southampton FC, Sportsbet.io provides an expansive range of betting action across all major sports and eSports, offering players more than 350,000 pre-match events per year and comprehensive in-play content. 

As the first crypto sportsbook to introduce streaming across all major sports, as well as a cash-out function, Sportsbet.io is recognized as a leader in both online sports betting and within the crypto community. Sportsbet.io prides itself on its secure and trustworthy betting service, with withdrawal times of around 1.5 minutes among the fastest in the industry.

Visit the official Sportsbet.io website for more information. 

 

Media Contact Details

Contact Name: Heidi Leid

Contact Email: [email protected]     

Sportsbet.io is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

 

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Turfcoach and Atom Stars to Shape the Future of Football with Southampton FC

Turfcoach and Atom Stars to Shape the Future of Football with Southampton FC

Press Release: Southampton FC’s Future of Football program, (powered by Sport Republic and Yolo Group) chose teams focused on sports performance and fan engagement for future collaboration.

May 16, 2023, London UK — Southampton FC moves forward with Turfcoach and Atom Stars who took the top prize in the club’s Future of Football program. The 4-week virtual sprint program, powered by Sport Republic and Yolo Group, offered direct access to Southampton’s business and commercial decision-makers. In a collaborative environment, teams prototyped solutions to build future value for the club, on and off the pitch.

 

Tim Heath, GP at Yolo Investments, and the founder of Yolo Group stated: 

“We were thrilled to see this program guide teams from their novel ideas into actionable and innovative solutions for our partner. Having shared values for innovation and technology means that together with Southampton FC, we can create new opportunities for the club and boundary-pushing businesses,”  

260 Applicants, 2 Winners

Of the 260 original applications to the program — from 45 countries — six teams pitched in the finals for a potential commercial relationship with SFC and for the opportunity to win a £100K discretionary prize pool provided by Yolo and Sports Republic. The St. Mary’s finale was judged by a panel of representatives from the club, Sport Republic, and Yolo Group. The winners, Turfcoach and Atom Stars will go on to further develop their proposal with the club. 

 

Sarah Batters, Director of Partnerships & Marketing for Southampton FC stated:

“It’s been fantastic to work with all the teams involved and to have such a diverse range of organizations. Both Atom Stars and Turfcoach really push the boundaries and are at the forefront of technology in different ways. We would like to congratulate them as the winners and we look forward to working more closely with them in the future.” 

 

With direct and hands-on processes, the program ensured that solutions would be customized for the club, while decision-makers had insights into the teams’ progress and capabilities. The final decision is intended to deliver a win for club fans, management, and partners.

 

Henrik Kraft, Sport Republic, and Southampton FC Chairman stated:  

“Going into the final we knew that the playing field was tight from the progress the teams showcased in week three. Today, we really looked for the potential in these solutions for the club not just now, but down the line. We’re excited to move forward with the winning teams to develop that potential into innovative results,” 

 

The six finalists pitched collaboration solutions ranging from player health and pitch management to virtual environment experiences for fans.

The Winning Teams – Atom Stars & Turfcoach

Atom Stars revolutionizes the way football clubs engage with Gen Z fans by providing an off-the-shelf gamified experience in virtual environments. It allows clubs to experiment at speed and connect with fans in a unique way that will give them a sense of belonging and drive new revenue streams.

 

Jérôme Dewavrin, CEO of Atom Stars stated that:

“We believe we can change the landscape of fan engagement, by empowering Southampton FC, Sport Republic, and Yolo Group with our technologies. Together, we revolutionize the way sports organizations and brands engage, especially with Gen Z fans, by providing off-the-shelf gamified tailored experiences in virtual environments, allowing brands to experiment at speed and embrace this fantastic new channel.” 

 

Turfcoach is pioneering AI for turf management with a smart digital platform and custom sensor. With it, SFC protects players from injuries, reduces turf maintenance costs, increases potential pitch usage time, and benefits coaches by providing a unique data source for optimizing player performance.

 

Christian Theil, CEO of Turfcoach stated:  

“Throughout the program, we were able to interact with a variety of stakeholders at SFC, including groundskeepers, estate managers, and the performance team. This collaborative approach enabled us to craft a tailored business proposal that was fortunately well-received,”   

The Other Finalists

MLA is offering a scientifically valid methodology focused on identifying and reducing the risk of athletes’ injuries. That will allow SFC to maximize athletes’ availability during the season, preserve their market value, and increase the team’s overall competitiveness. MLA’s approach will also help identify academy talents with the lowest propensity to injury and therefore best potential in terms of competitiveness and market value.

CollectID creates a direct-to-fan connection for Southampton FC through physical merchandise. Tapping the jersey with the smartphone allows fans of the Saints to unlock new engaging digital experiences. This enables SFC to create sophisticated fan profiles and build long-lasting relationships, resulting in significant engagement and revenue growth.

Fanprime is offering SFC an opportunity to launch a UK-first support-to-earn loyalty program where the club can now reward fans for their attention and fandom as well as their transactions. With a fully gamified UX and integrated web3 features, we are looking to create a truly unique fan experience to improve fan sentiment and drive revenue.

X-Plora is a Multimedia Guide that bets on AR/VR, AI, Gamification, and Blockchain to revolutionize the visitor experience and engagement with fans, in the Stadium and at home. Their main goal is to improve the fans’ experience (in-stadium and at home) while engaging, promoting sales, collecting more data, and generating better results.

 

Media Contact Details

Contact Name: Heidi Leid

Contact Email: [email protected]    

Yolo is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

 

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Damex Announces Utility Token to Power Smart Finance App, Token IEO Starts April 19th

Damex Announces Utility Token to Power Smart Finance App, Token IEO Starts April 19th

Press Release: Damex will launch its utility token via an IEO starting April 19th, 2023, to promote a healthier lifestyle among users.

March 23, 2023, Gibraltar — Digital Asset Management Limited and the Damex group are launching two new offerings, the Damex App and the $DAMEX utility Token. Both work in unison, aiming to encourage users to adopt a healthier lifestyle while offering financial incentives and promoting environmental sustainability.  

Beta Beginnings

The Damex App is currently live in the UK and E.U. The Damex Token IEO is scheduled for the 19th of April 2023. The Damex App is a Digital Asset Finance App that uses non-fungible tokens (NFTs) and Damex’s proprietary cryptocurrency token, the Damex Token. The App makes digital asset finance more accessible and engaging through gamifying user experiences 

Adopt a Healthier Lifestyle 

Inspiration for both the Damex App and the Damex Token stemmed from the COVID-19 lockdowns, which put a mental and physical strain on millions of individuals globally. Through these new offerings,  

Damex aims to give back to its communities by supporting individuals and encouraging them to adopt a healthier lifestyle, educating users about cryptocurrency, and promoting sustainability through encouraging physical activity and offering financial incentives. 

Damex Smart Finance App

Using modern technology, Damex aims to penetrate the fitness industry, a growing industry estimated to be worth over USD 87 billion globally. The Damex Token is a utility token that can be used within the app. Damex App key features:

  • Fiat and crypto wallets
  • Damex Debit Card Program
  • Gamification (Step and NFT)
  • Allows users to exchange fiat and cryptocurrencies, pay using crypto and fiat, and plant trees

Some of the App’s future features to watch out for include the following:

  • Additional features such as life/health insurance and loan/credit line
  • NFT trading
  • Stock and traditional assets trading

The Damex App also introduces a leaderboard; users must complete tasks and meet specific criteria to climb the ranks. The Top 20 users will be able to access select rewards including quarterly NFT rewards, cash-back incentives, refer-a-friend bonuses, and discounts on trade fees.

Damex Token key features:

  • In-app utility token (the Damex Token)
  • Can be staked to earn rewards

Staking Benefits

For instance, staking 5,000 Damex Tokens will give users access to features such as zero exchange fees while using the Damex App and access to VIP Premium. Premium Subscription Members can unlock benefits, including access to top-tier exercise challenges, a premium member card, cash-back incentives (all tiers), and early access to new features. Users can then spend their rewards using the Damex Visa debit Card. 

$DAMEX IEO

The Damex IEO starts on April 19th and is available globally to all interested parties. (Not available for retail investors in the USA)  The company’s focus on a healthy lifestyle is bolstered by an attention to detail in regard to legislative requirements and licensing. With an already established business, strong revenue, and Gibraltar DLT license, the $DAMEX token IEO is an interesting proposition without some of the pitfalls faced by new projects 

Damex will run the IEO from its smart finance app and at least two launchpads that will be announced from the Damex Twitter account in the near future.

About Damex.io

Damex.io is a digital asset group of companies trading since 2017. Digital Asset Management Limited (trading as Damex or Damex.io) is a Distributed Ledger Technology (DLT) provider based in Gibraltar as a broker/dealer and custodian of digital assets.  

Damex.io was one of the first companies in Gibraltar to receive the Distributed Ledger Technology authorization from Gibraltar’s Financial Services Commission in 2019.

Damex Socials

Twitter | Telegram | Facebook | Discord | Linkedin

Media Contact Details

Contact Name: Miguel 

Contact Email: [email protected]  

 

Damex is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest

 

  

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Ten Teams Join Southampton FC’s Future of Football Challenge

Ten Teams Join Southampton FC’s Future of Football Challenge

Press Release: Southampton Football Club, with Sport Republic and Yolo Group, kick off The Future of Football challenge with ten web3 and sport tech startups

 

March 21, 2023, London UK — The Future of Football challenge officially launched this week with an event at St Mary’s Stadium in Southampton. In the following four-week virtual program, teams will rapidly test and pilot their solutions, participate in tailored workshops, and have regular and direct access to Southampton FC, Sport Republic, and Yolo Group decision-makers.

 

Future of Football Draws 260 Applicants

Of the 260 original applicants from 43 countries, Future of Football organizers selected 20 to pitch their ideas to a panel of judges. Half of them now have the opportunity to show decision-makers from Southampton FC, Sport Republic, and Yolo Group how their solutions will support the club’s values of innovation and commitment to its fans and community. 

 

Sarah Batters, Director of Marketing and Partnerships at Southampton FC stated: 

 

“The Future of Football challenge is intended to help us find new ways to engage with our fans or develop our football teams using tech. We’re pleased to see the teams and ideas that will now be focused on helping us achieve those goals” 

 

Teams will be in competition throughout the program with only a select few reaching the finals. At the St Mary’s finale, six teams will pitch for a commercial relationship with Southampton FC and a £100k discretionary prize pool for post-program solution development. 

 

Henrik Kraft, Sport Republic, and Southampton FC Chairman had these words to say:

 

“At Sport Republic, we’re looking forward to seeing how these teams progress through the program and leverage technology to innovate sport and drive club growth. We’re getting a front-row seat to the creation of the future of football,” 

 

Tim Heath, GP at Yolo Investments and Founder of Yolo Group spoke on the developments:

 

“Creating something unique and testing solutions quickly is what Yolo Group and this program are all about. Congratulations to those who have made it that far – the challenge now is to turn plans into reality. After seeing the pitches, I’m now excited to see the outcomes,” 

 

The 10 Final Solutions

The ten teams that will be focused on creating solutions for updated football experiences in the football development or fan engagement space are: 

  1. Atom Stars creates quick-to-launch virtual worlds to address real-world problems
  2. BeFootball VR brings fans into all aspects of the football experience through XR
  3. CollectID connects the physical and the digital to ensure product and experience authenticity
  4. Connected Fanatics offers a connected merchandise platform that creates new fan experiences and team connections
  5. DIBZ uses SMS to elevate the at-game fan experience
  6. Fanprime gamified loyalty solutions for brands with large communities
  7. Gemini Sports Analytics enables sports executives to make data-driven decisions with the help of AI
  8. MLA uses machine learning insights to predict injuries and improve sport performance
  9. Turfcoach leverages AI to inform turf data analytics for pitch management
  10. X-Plora upgrades games, tours, and other in-person experiences with AR/VR and gamification

 

About Southampton Football Club

Southampton Football Club is a professional football club that plays in the Premier League, the top tier of English football. Based in Hampshire, on England’s south coast, the club plays its home games in the 32,000-capacity St Mary’s Stadium, a stone’s throw from St Mary’s Church, where the club was formed in 1885. Nicknamed ‘The Saints’, the club’s proudest moment came in 1976 when they beat Manchester United 1-0 in the FA Cup Final at Wembley Stadium.

 

Having been named one of the world’s fastest-growing football club brands in 2015, the club went on to achieve its highest-ever Premier League finish of sixth in 2016 to secure European qualification for a second consecutive season. Proud of its 137-year heritage, but constantly moving forward, the club is renowned for doing things differently and using its strong set of guiding principles to turn potential into excellence, both on and off the pitch.

  

About Yolo Group

Yolo Group brings next-level innovation to the worlds of gaming, fintech, blockchain, and more.

Serving millions of users worldwide, the Yolo Group is committed to putting the customer at the center of the universe via a wide range of fun, fast, and fair products and services, including the pioneering bitcoin-led casino Bitcasino.io and innovative sports betting site Sportsbet.io.

 

Number 26th on the 2022 EGR Power 50 list of leading global operators, the Yolo Group continues to drive crypto adoption and fintech innovation within both the iGaming and entertainment industry via its array of disruptive B2C and B2B brands. 

 

Yolo has rapidly expanded to more than 900 employees of more than 60 nationalities. The Yolo Group continues to incubate and support new brands, developing its vast, expansive ecosystem of people, products, and services. 

   

Media Contact Details

Contact Name: Heidi Leid

Contact Email: [email protected]     

 

Yolo is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

 

 

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SURF Reward Launches Browser Extension with Cryptocurrency Rewards & IDO Presale

SURF Reward Launches Browser Extension with Cryptocurrency Rewards & IDO Presale


Press Release:
Abelius Capital AG to launch ‘SURF Reward’, an internet  browser extension that monetizes advertisements into cryptocurrency. 

 

February 16, 2023, Dusseldorf, Germany — German company Abelius Capital AG has announced the launch of its Surf2earn internet web browser extension, SURF Reward. The extension will enable users to view selected advertisements in exchange for SURF tokens. The company has also announced an IDO for the SURF token, which will run on Binance Smart Chain (BSC). 

 

The Problem with Ads 

The Internet advertising industry is worth hundreds of billions of dollars, but almost none of those profits go to the people who are consuming the ads. As a bi-product of this issue, internet users frequently turn to tools like AdBlockers to hide ads, resulting in companies not reaching their potential customers, and users sometimes being restricted in accessing various sites. 

 

What is SURF Reward?

SURF Reward offers a solution to this problem with its ‘Surf2Earn’ extension, which is compatible with all major web browsers. The extension removes the majority of the advertising that the user would ordinarily be forced to view, replacing them with much fewer, select ads, controlled by SURF Reward. 

 

Armin Heinrichs, Founder of SURF Reward, stated: 

 

Companies make millions of dollars when internet users are forced to watch unwanted advertisements. SURF Rewards enables its users to remove the majority of advertisements and earn crypto rewards with our revolutionary Surf2Earn-enabled, web browser extension.”

 

By exchanging individual advertising spaces with its own advertising partners, SURF Reward is able to take profits from the webmasters and give them directly to their users, in the form of SURF tokens. This short explanatory YouTube video explains in detail the idea and functionality of the SURF Reward browser extension. 

 

Surf2Earn

The Surf2Earn concept distributes the advertising revenue intelligently, so not only the user is rewarded, but also the liquidity and the associated value increases steadily through use. The SURF token will run on Binance Smart Chain, (BSC) and will be a reward and payment method for all users. 

 

SURF Tokenomics 

Token Symbol: SURF

Name: SURF Reward

Platform: BEP-20 / Binance Smart Chain (BSC)

Total Supply: 1,000,000,000 SURF

PreSale Supply: 200,000,000

Presale Softcap: $1,500,000

Presale Hardcap: $5,000,000

Presale Price: $0.03 USD

Listing Price: $0.05 USD

Contract Address: 0x21141Bbe528627933A32FFF65EB695EBe20C1d1f 

 

Follow the channels of SURF Reward to stay up to date with the latest news. SURF Reward is already offering a demo version, proving its vision and functionality while preparing for its mainnet launch.

 

SURF Reward Socials

Twitter | Telegram | YouTube

 

Media Contact Details

Contact Name: David Wojdas

Contact Email[email protected]

 

Abelius Capital AG is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest

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Largest Spanish Crypto Exchange, Bit2Me Launch Debit Card, with up to 9% Cash-back

Largest Spanish Crypto Exchange, Bit2Me Launch Debit Card, with up to 9% Cash-back

 

Press Release: The Bit2Me Mastercard offers up to 9% cash-back to its customers, the highest currently available in the crypto market worldwide.

 

Madrid, February 10, 2023Bit2Me, the first company recognized by the Bank of Spain as a virtual currency service provider, is the first cryptocurrency exchange in the world to offer up to 9% cash back, (crypto cashback) with the launch of its new Mastercard debit card. 

The Bit2Me Card

The Bit2Me card already works across the Mastercard network, enabling crypto payments at more than 90 million businesses worldwide. The Card is also available on mobile devices, allowing users to make payments directly from NFC-enabled smartphones or smartwatches.

 

Bit2Me uses active software that facilitates switching wallets at any time, allowing all users to pay for goods and services with Bitcoin and other cryptocurrencies stored in the different Bit2Me wallets. All card purchases. whether online or in-store, are eligible to earn the equivalent of up to 9% cash-back in a multitude of different cryptocurrencies. 

 

Online Payments & Cryptocurrencies

Besides payments at physical businesses, The Bit2Me card also enables online payments and cash withdrawals at ATMs 24 hours a day around the world. The Bit2Me card integrates with mobile payments, allowing users to use it anywhere and without the convenience of having to carry a physical card.

 

The Bit2Me card starts with eight cryptocurrencies that can be linked to the wallet (B2M, BTC, ETH, ADA, XRP, SOL, DOT USDT). Thanks to its active software that makes it easy to switch crypto wallets whenever you want, the technology allows you to instantly choose which cryptocurrency to use for paying. Thus, users can pay with Bitcoin, Ether, or other cryptocurrencies in millions of establishments worldwide. Bit2Me plans to add more cryptocurrencies to its wallet throughout 2023.

 

Leif Ferreira, CEO and Co-founder of Bit2Me stated that: 

 

“Dozens of professionals have been involved in this project, and after two years of work, we have found the key to connect cryptocurrencies to the Mastercard payment network. To do this, we had to modify the transaction flow (which is part of the international card payment protocol) so that customers can use cryptocurrencies to pay instantly and transparently for businesses. Moreover, we have managed to add up to 9% cash back on purchases.” 

 

Instant, Secure Payments 

The Bit2Me card allows instant, secure online payments and cash withdrawals at ATMs, without the need to make any prior manual exchange on the Bit2Me app. The card has high-security standards and a wide range of features, including the ability to instantly lock and unlock the card, configure its usage limits, and NFC support.

 

It is important to highlight that the team is still working on developing new features that will become active in the coming months. Bit2Me believes that the new debit card is the best of its kind, as it perfectly blends the crypto world with the best of the traditional financial world. 

 

Bit2Me COO and co-founder Andrei Manuel stated: 

 

“Our mission is to bring the use of cryptocurrencies closer to everyone. Bit2Me Card allows you to use your cryptocurrencies easily and quickly in your day-to-day life. You can use cryptocurrencies, such as Bitcoin, or stablecoins, such as USDT, at physical or online stores.” 

 

All Bit2Me users within the EEA are eligible to apply for the virtual card for free, and for every payment made with it, Bit2Me will immediately credit the user with up to 9% cash-back in cryptocurrencies. 

 

About Bit2Me

Bit2Me is an industry-leading company in the cryptocurrency sector in Spain, recognized by the Bank of Spain as a virtual currency service provider. The company has individual, professional, and corporate customers in more than 100 countries, and in 2021 it had a transacted volume in excess of €1 billion. 

 

Bit2Me raised €17.5 million in less than three minutes in an ICO which it launched through its utility token, B2M, in September 2021. The company has a staff of over 200 people, including highly specialized profiles such as Zeeshan Feroz, Rodolfo Carpintier, Pablo Casadio, and Koh Onozawa. The Spanish giant also runs The Bit2Me Academy, the largest cryptocurrency training portal in Spanish, with more than 400 free articles, certified courses, and videos.

 

Bit2Me Links 

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Media Contact Details

Contact Name: Juan C. Fernández 

Contact Email: [email protected]  

 

Bit2Me is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

 

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The Hop: MOVE Estrella Galicia’s Digital Innovation Programme Makes the Leap to Web3

TheHop Web3 Ventures hop

Press Release: After 4 editions based on digital innovations related to Estrella Galicia’s value chain, The Hop takes another step toward the exploration and development of Web3 initiatives. 

 

17 November 2022, A Coruña, Spain —  The fourth edition of The Hop comes to a close this year, ending a cycle of 4 editions in which more than 35 pilot projects were undertaken in Spain and Brazil. The fourth edition included different leading startups and companies such as MIT, IE, Amazon, and more. In its fifth edition, TheHop will focus on WEB 3, searching the entrepreneur ecosystem for use cases related to Metaverse, tokenization of assets, cryptocurrencies, NFTs, and DAOs. 

 

TheHop Web3 Ventures

TheHop will change its name to TheHop Web3 Ventures, placing focus on use cases related to the tokenization of assets, cryptocurrency, NFTs, Metaverse, and DAOs. TheHop Web3 Ventures begins this new program with three main collaborators: Telefónica Tech, Bit2me, and AWS, with which it will begin its first projects. TheHop will also have the full support of VALHALLA as Innovation Partner. 

 

Program Evolution

TheHop has evolved every year, initially focusing on key areas of the Estrella Galicia group and, since 2020, with the main focus on the use of digital solutions which bring value to hospitality and the end consumer, obtaining multiple insights of value and promoting different initiatives. The evolution of TheHop has been unstoppable, adapting to the needs and opportunities of the company and the market. For this reason, TheHop is now going a step further to become TheHop Web3 Ventures, the vehicle for Web3 innovation of MOVE Estrella Galicia Digital through which the company will approach this new ecosystem. 

 

The Move to Web3

Over the last few years, Web3 has experienced a huge growth in global adoption, and many companies are starting to position themselves in this new territory, from major technology companies to automotive companies and restaurant chains. 

 

JJ Delgado, General Manager of MOVE Estrella Galicia Digital, stated that:

 

“In line with our philosophy of doing things differently, we are going to immerse ourselves in the Web3 ecosystem to create and incorporate solutions that bring value to our community. We recently announced our commitment to decentralise BigCrafters.com, the marketplace for artisan products which we launched a few months ago, and where we are going to identify Web3 use cases which allow us to work towards our goal”. 

 

The aim of TheHop Web3 Ventures is to develop new internal capacities, explore the new opportunities potentially offered by Web3 and co-create different initiatives with companies that are key in the Web3 ecosystem in areas such as NFTs, cryptocurrencies, tokenization DAOs, and Metaverse, using the methodology, network, and learnings obtained through TheHop. 

 

Gerard Gracia Arcas, Head of Digital Business Innovation at MOVE Estrella Galicia Digital, stated that:

 

“TheHop Web3 Ventures starts this new adventure accompanied by three collaborators that are key in this sector, Telefónica Tech, Bit2Me, and AWS, and will be incorporating new allies in the coming months. Any Web3 company will be able to connect with TheHop through its new website to propose projects to bring value to the initiatives we are to undertake, and we will approach each of them based on the needs of each Project”.  

 

In 2023 the public can expect to see the first Web3 projects promoted by TheHop, and with a slew of varying initiatives already in the works, next year promises to bring exciting new developments from The Hop Web3 Ventures. 

 

The Hop Socials

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Media Contact Details

Contact Name: Gerard Gracia

Contact Email: [email protected]  

 

The Hop is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

 

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XOXNO the Leading NFT Marketplace on MultiversX Announces Support for Fiat Payments

XOXNO the Leading NFT Marketplace on MultiversX Announces Support for Fiat Payments

Press Release: Users of the XOXNO all-in-one NFT marketplace can now buy and sell NFTs with EUR or Romanian RON through any Visa or Mastercard. 

 

7th November 2022, Bucharest, RomaniaXOXNO has announced the integration of fiat payments to its all-in-one NFT marketplace, with support for EUR and the Romanian RON. The MultiversX-based NFT marketplace was launched in early 2022 and is currently registering a monthly trading volume in excess of $1 Million USD.

 

XOXNO Launches Fiat Payments 

With a thriving NFT marketplace already established on the back of EGLD token payments, XOXNO is expanding to facilitate the use of fiat payments for all users. The integration will allow users to buy and sell NFTs using both EUR and the Romanian RON with any Visa or Mastercard. 

 

But the support doesn’t stop at just buying and selling – users of the all-in-one NFT marketplace will also be able to mint new NFT assets with these two fiat currencies. The integration is a huge step forward in increasing the use of NFTs for mainstream enthusiasts and was made possible by XOXNO partner Twispay, the leading payment processor in Romania. 

 

What is XOXNO?

XOXNO is the largest NFT marketplace and aggregator on MultiversX, previously known as Elrond. MultiversX is the first blockchain protocol to combine all three (state, network, transaction) sharding aspects in an adaptive architecture that maintains the highest level of scalability and security. For this reason, XOXNO chose to build its all-in-one NFT marketplace on MultiversX’s advanced, scalable blockchain architecture. 

 

The XOXNO Marketplace

XOXNO’s innovative marketplace offers a huge variation of tools for both users and creators, allowing them to achieve what was never possible before. As the leading NFT marketplace on MultiversX, all major tokens on MultiversX are also supported as a payment method. 

 

Built into the marketplace is an automatic mechanism for distributing royalties on each NFT sale back to the creators. What makes this even sweeter for sellers, is that XOXNO has among the smallest fees for all NFT sales, capped at 1%. 

 

Although it has only been in the NFT space for less than a year, the XOXNO NFT marketplace already boasts a current monthly trading volume exceeding $1 Million USD. With all of the upcoming improvements to the platform, XOXNO is well-positioned for further growth in 2023. 

 

Advanced Features

The new support for EUR and RON with Visa and Mastercard is just the latest feature, building on an already impressive platform. This now means that thousands of new users can be onboarded from across the globe, and finally have access to NFTs, via more traditional Fiat methods of payment. 

 

The additional supporting features added, build on a foundation of an already impressive set. These include:

 

  • Liquid sell offers
  • Peer-to-Peer NFT Swap
  • Bulk purchases of NFTs 
  • Private offers
  • Bundle sells of SFT packs

 

A unique feature that is emerging in the Web3 industry now is the concept of NFT staking, and XOXNO has its own advanced NFT staking pools with plenty of options and rewards. Users can now stake their NFTs to earn additional rewards such as $EGLD. Another great feature is the advanced graphs and aggregated analytics that the marketplace developed to help users get an overview of the ecosystem across all marketplaces.

 

A Marketplace for NFT Users & Creators

XOXNO has placed a special focus on NFT creators with the introduction of a self-onboarding launchpad to streamline the whole creative process. Added to the fact that creators can now mint NFTs with fiat currency and any MultiversX tokens, XOXNO has become a suitable marketplace for both hardcore crypto users and casual enthusiasts that prefer to use their Visa or Mastercard for payments instead. 

 

The XOXNO NFT marketplace offers users plenty of unique features that benefit buyers, sellers, traders, and creators alike. A self-onboarding launchpad is a fantastic feature for creators & new fiat payments are a game-changer for EU users to buy, sell, or mint their own NFTs. Anyone interested in getting involved can check out the XOXNO NFT marketplace here

 

XOXNO Socials

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Media Contact Details

Contact Name: Mihai-Daniel Eremia

Contact Email: [email protected]

 

XOXNO is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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ZoidPay to Revolutionize the Web 3.0 Landscape with $75M Investment Commitment from GEM Digital

Press Release: A $75M financial commitment is set to establish ZoidPay as the go-to open architecture for building the next generation of Web 3.0 financial services.

 

November 3, 2022, Bucharest, RomaniaZoidPay, the leading Web 3.0 architecture provider, has secured an investment commitment of $75M from digital asset investment firm GEM Digital Limited (“GEM”). The funding is aimed at developing the go-to open architecture for building the next generation of financial services, scaling the first on-demand Metaverse, facilitating the first-ever bank acquisition by a blockchain firm, and launching a Web 3.0 super App.

 

Supercharged Web 3.0 APIs & SDKs

Since its launch in 2018, ZoidPay has established itself as a one-stop crypto liquidity solutions provider, enabling instant card issuance for purchases from any merchant at the lowest fees. With this expertise, ZoidPay is now gearing up to release a full suite of Application Programming Interfaces (APIs) and Software Development Kits (SDKs) for B2B clientele aiming to build the next-gen of Web 3.0 Financial Service Apps and dApps. 

 

Eduard Oneci, CEO & Co-founder at ZoidPay, stated

 

“The investment from GEM is a massive validation of what we are striving to achieve at ZoidPay. To have the financial commitment of one of the leading global alternative investment groups is the ideal backing we need to manifest a roadmap that will etch ZoidPay as the backbone of the Web 3.0 open architecture.” 

 

ZETA, On-Demand Metaverse

ZoidPay has also recently announced the launch of ZETA, a fully decentralized world offering users an immersive experience with Augmented Reality (AR), Virtual Reality (VR), and Extended Reality (XR). 

 

Built entirely in-house, ZETA will let retail users explore different avenues, including shopping, access to Web 3.0 Financial Services, and many more experiences aimed to expand their reality. ZETA also happens to be the first on-demand Metaverse, offering B2B clients, including blockchain projects and developers, the open architecture to create their own customized digital world.

 

Harnessing the Full Power of Web 3.0

Currently, in the advanced stages of acquiring a Digital Bank, ZoidPay will help transition all Traditional Finance services to Decentralized Finance by harnessing the power of Web 3.0. For end users, this would make High-Yield Index Accounts accessible, marking the switch from legacy to digital, and monopoly to decentralization. Web 3.0 loans would let a retail user avail of instant loans in any FIAT currency based on all digital assets that one may hold, NFTs included.

 

All of these offerings will eventually culminate into one of the most exciting upcoming fintech apps, ZoidPay’s Web 3.0 Super App. Billed a “Fintech PowerHouse” for Crypto and traditional Financial Services, the app will bring cards, Bank Accounts, Crypto, Bills, Investments, Insurance, and Loans into one place. 

 

The app promises to extend retail users’ the convenience of switching their financial habits into autopilot mode. It will combine the security, control, and flexibility of traditional banking with the speed and connectivity of modern technology.

 

Eduard continues:

 

“By the end of the first quarter of 2023, we aim to become the biggest Web 3.0 architecture provider in the world. This comes after years of putting together the building blocks towards that direction, including forging partnerships, developing the tech, and putting together an extremely capable team. The investment from GEM now acts as a catalyst in our current phase of Hyperscaling. I’d like to extend a word of gratitude to the team at GEM for their incredible level of professionalism over the last year in this journey”

 

To know more about ZoidPay, click here.

About ZoidPay

ZoidPay was established in 2018 as the go-to open architecture for building the next generation of Web 3.0 financial services. It is a one-stop crypto liquidity solutions provider, enabling instant card issuance for purchases from any merchant at the lowest fees. For B2B clientele, ZoidPay offers full support APIs and SDKs to developers & financial businesses that want to build next-gen Web 3.0 financial services.

 

ZoidPay Socials

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Media Contact Details

Contact Name: Elena Oglinda

Contact Email: [email protected] 

 

ZoidPay is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest

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ZoidPay Announces the Launch of ZETA, the First On-Demand Metaverse

Press Release: ZoidPay, the leading provider of go-to open architecture for building the next generation of Web 3.0 Financial Services, has announced the launch of ZETA, the first on-demand Metaverse. 

 

1st Nov 2022, Bucharest, Romania — As part of its commitment to democratize access to the next generation of Web 3.0 Financial Services, ZoidPay has announced the launch of ZETA, the first on-demand Metaverse. 

 

What is ZETA?

Integrating Augmented Reality (AR), Virtual Reality (VR), and Extended Reality (XR), ZETA allows users to extend their reality with evolving utility. For example, users interested in retail will be able to explore many day-to-day experiences in the Metaverse, besides access to a host of Web 3.0 Financial Services, in a fully immersive digital experience. 

 

Eduard Oneci, CEO & Co-Founder at ZoidPay, stated:

 

“Built entirely in-house, ZETA aims not just to let anyone access the Metaverse, but offers an opportunity to be an active part of it. The potential is unlimited. As the first on-demand Metaverse, we offer an open architecture that lets anyone create a customized Metaverse. So, we invite developers to get in touch with us with their requirements, and we’ll build them a customized digital world,” 

 

Imagine walking into a bank branch in the ZETA Metaverse as an Avatar of your choice, welcomed by a bank employee ready to understand your financial needs before presenting you with tailored solutions. The switch from TradFi to DeFI is set to happen now. Click here for a video preview of what Zeta is all about. 

 

ZETA Use Cases

From retail to banking, entertainment to education, ZETA promises to be the go-to destination for all users’ day-to-day experiences. With ZETA, ZoidPay is set to extend its open architecture for all businesses to create their own customized Metaverse. 

 

Business clientele, including blockchain projects, developers, or merchants, can use ZETA to create their own customized Metaverse aligned with the needs of their customers. Use cases for businesses can range from market testing while allowing users to interact with a new product or service to replicating a real-life experience in a virtual environment to gathering user feedback. 

 

As per a recent estimate by Global Data, the global Metaverse market size, valued at $22.79 Billion in 2021, is expected to grow at a compound annual growth rate (CAGR) of 39.8% during 2022-2030. 

 

Eduard Oneci continues:

 

“Almost every industry, be it healthcare & personal care, automotive, entertainment, travel & leisure, or eCommerce, has a use case in the Metaverse. At ZETA, we aim to introduce businesses to this opportunity. We can present use cases on how a business can leverage the Metaverse for real-life benefits,” 

 

Web 3.0 Services & Next-Gen Apps

ZoidPay is currently forging partnerships with leading brands and merchants to join ZETA, with the potential of offering users an immersive experience unlike any other. All of this will be provided in an environment meant to protect the user’s data which is of utmost importance. 

 

ZETA will also act as a platform to showcase all the disruptive products and services ZoidPay has planned as the go-to open architecture for building the next generation of Web 3.0 financial services. Leading among these will be the availability of APIs and SDKs, allowing developers to build the next-gen of financial Apps and dApps, and test these with an audience in the Metaverse.

 

With ZETA, ZoidPay will be at the forefront of the Web 3.0 revolution, leveraging its technological expertise in blockchain development to further develop its ecosystem and facilitate the development of blockchain applications that have a real-world use case. Anyone who wants to create their very own customized Metaverse can learn more here

 

About ZoidPay

ZoidPay was established in 2018 as the go-to open architecture for building the next generation of Web 3.0 financial services. It is a one-stop crypto liquidity solutions provider, enabling instant card issuance for purchases from any merchant at the lowest fees. For B2B clientele, ZoidPay offers full support APIs and SDKs to developers & financial businesses that want to build next-gen Web 3.0 financial services.

 

ZoidPay Socials

Twitter | Telegram | Discord | Facebook | Instagram | LinkedIn

 

Media Contact Details

Contact Name: Elena Oglinda

Contact Email: [email protected] 

 

ZoidPay is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest

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Utrust & Lugano: Bringing Crypto Payments to an Entire City

Press Release: Utrust, in collaboration with the city of Lugano & Tether Operation Limited, is bringing crypto payments to an entire city with a new ‘Plan B’ initiative deal. 

 

October 27th, Lugano Switzerland — The deal, a part of the Plan ₿ initiative, will turn the entire city into a hub for technological innovation and allow for all public services and e-commerce businesses to accept crypto payments with Utrust.

 

Crypto Payments Coming to Lugano

The city of Lugano is the largest city in the canton of Ticino, Switzerland. They are also the economic capital of Southern Switzerland, strategically located between the metropolitan areas of Milan and Zurich. Part of Lugano’s appeal as a vibrant financial center is its commitment to the adoption and usage of cryptocurrencies.

 

On the 3rd of March 2022, the City of Lugano and Tether Operations Limited signed a Memorandum of Understanding to collaborate on an initiative called Plan ₿, meant to make Lugano one of Europe’s and the world’s main hubs for digital innovation with a focus on blockchain technologies.

 

A part of this plan would always be to bring crypto payments to the whole community, providing everyone with the opportunity to enjoy faster, safer, and less expensive payments.

 

Michelle Foletti, Mayor of Lugano stated: 

 

“In Lugano, we are making living on crypto a reality. These currencies are the future of money, the advantages are obvious, and we are very proud to be one of the first communities to move forward with adoption. Lugano is leading the way”.

 

Utrust to Provide Payment Infrastructure 

Utrust will be providing crypto payments infrastructure both for government services and all e-commerce businesses. Utrust’s solution allows people to make seamless payments through cryptocurrencies such as Tether & Bitcoin (including Lightning Network).

 

The Lisbon-based company has developed the world’s first crypto-payment solution to offer instant transactions, buyer protection, and crypto-to-cash settlements. Now, this ability to provide cheaper, faster, and safer payments for users worldwide and near-instant and secure global settlements at a trivial cost, accessible to merchants globally, will be put at the service of the entire City of Lugano.

 

Sanja Kon, Utrust CEO stated: 

 

“Payments are an integral part of almost all economic activity, and, consequently, human activity. Making them easier, faster, and safer, and removing intermediaries from the process, is maybe the optimal way of improving the way we lead our lives in general. Lugano’s decision to bring this technological advancement to the entire city is a tremendous move and Utrust is proud to be the chosen partner to make it happen”

 

The first part of this plan will happen at a municipal level. All services provided to the city’s government will be payable in crypto through the Utrust widget. This includes anything, from services and fees to citizens paying their taxes.

 

The second stage of the process will be to offer Utrust’s solution to all interested e-commerce merchants operating in the city. This will empower merchants not only in their local activities but also in their ability to engage in global trade. 

 

Depending on payment processors and geography, merchants can be charged up to 12% in fees. That amount, which can easily mean the difference between profitability and bankruptcy, can be lowered by 90% with the Utrust gateway.

 

Paolo Ardoino, Tether CTO stated that: 

 

“This technology is the future. Payments should happen near-instantly, globally, and at a trivial cost. Anything else is obsolete. Now, for the first time ever, an entire city will have the tools to make it a reality for tens of thousands of people. The implications are hard to overstate, and we are thrilled to be the ones to make it happen.”

 

Michelle Foletti, Mayor of Lugano, Sanja Kon, Utrust CEO, and Paolo Ardoino, Tether CTO, are all available for further comments and interviews

 

About Utrust

Utrust is the leading cryptocurrency payment solution designed to modernize the financial and payments industry and solve the problems of traditional payment methods by enabling instant transactions, buyer protection, and instant crypto-to-cash settlements for merchants.

 

Utrust Socials

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Media Contact Details

Contact Email: [email protected] 

 

Utrust is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest

 

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Leading Multichain Payments Solution Utrust Announces Polygon Integration

Press Release: Leading cryptocurrency payment solution Utrust adds support for Polygon transactions, bringing benefits like multi-chain transactions, faster speeds, and cheap gas fees to users.  

 

17th October, Braga, Portugal Utrust has added support for USDT on Polygon transactions to its digital payments solution platform. The new addition stands to benefit users with its Web3 infrastructure, multi-chain capabilities, and cheap, lightning-fast transactions. 

 

Building Bridges with Polygon

Utrust is a team of bridge builders. The ultimate goal of every decision the company makes is to empower users with the tools to make financial decisions freely. In order to achieve this, Utrust is continually seeking to take advantage of the world’s most cutting-edge technology.

 

With the addition of Polygon support to its payment solutions platform, Utrust is integrating one of the industry’s premiere multi-chain solutions, ensuring seamless, fast, and inexpensive for all users. The Polygon integration also opens the door to a new future of collaborations, integrations, and support for other exciting new solutions.

 

A Multi-chain Future Powered by Utrust

Polygon is one of the biggest emerging cryptocurrency blockchains, boasting Web3 infrastructure for a multi-chain future. By integrating USDT support for it, Utrust ensures its users can benefit from the use of USDT payments while avoiding any of the drawbacks associated with the ERC-20 network. 

 

The main benefit of the Polygon network is bandwidth, with transaction speeds up to 200 times faster than that of Ethereum. The network is also carbon negative and currently has the largest dApps ecosystem in the world. 

 

The other big benefit is the gas fees or lack of them. Anyone who has used ETH-based coins for any length of time will have experienced the fluctuating gas fees on the Ethereum network. With USDT payments on Polygon, Utrust users will see a reduction of up to 99% in gas fees.

 

More Integrations to Come 

Although the Polygon integration is an exciting announcement for users, Utrust believes that there is far more potential with the network’s technical capabilities. Utrust is fully exploring the possibilities that come from adding new chains and all that it can bring to its payments experience. 

 

Utrust is always looking to make things faster, cheaper, and much more simple for everyone. With integrations like Polygon, Utrust will continue to make crypto payments more accessible and interoperable to mainstream users and businesses. 

 

Utrust Socials

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Media Contact Details

Contact Name: Sanja Kon

Contact Email: [email protected]

 

Utrust is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest