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Ho-Ho-Holiday Gifts

News Media Group, Inc.

Contact Details News Media Group, Inc. Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/

December 09, 2022 02:00 PM Eastern Standard Time

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Future of School Files Counterclaims Against Stride, Inc. for Breaching Agreement to Donate $2.3 Million

Future of School

Future of School, Inc., a national nonprofit that seeks to advance innovative K-12 and blended learning programs, recently filed counterclaims in a lawsuit filed against it by Stride, Inc. (NYSE: LRN). The counterclaims allege that Stride, a publicly traded education company, reneged on its agreement to donate $2.3 million to Future of School after it repeatedly and publicly announced its financial support of the charity. Stride publicized the pledged donations in multiple public filings, including its Environmental, Social, and Governance (ESG) report, as well as in filings with the SEC and IRS. Future of School was founded in 2015. Before it transitioned to a public charity, it was a private foundation originally formed by Stride itself. From 2016 to 2021, Future of School awarded more than $2.3 million in higher education scholarships and provided more than $430,000 in grants to individual educators to support and recognize educators for their innovative blended and online programs. Future of School also created a remote learning relief fund during the pandemic to assist educators. Through robust outreach, creative grant-making programs, a national Podcast series, and rewarding students who forge new learning pathways with scholarships, Future of School has impacted thousands of students and teachers across America. In June of 2021, Stride’s CEO James Rhyu agreed to donate $3.5 million in unrestricted funds over a five-year period. At Stride’s request, Future of School and Stride executed a signed agreement formalizing the commitment to donate the funds. And in 2021, Stride donated the first $1.2 million. According to the counterclaims, in mid-2022, as Stride’s stock price experienced significant volatility, the company unilaterally informed Future of School that it would no longer be honoring its obligation. The counterclaims further allege that Stride failed to follow through on $2.3 million in promised donations, causing considerable harm to the nonprofit, as the funds were intended by Stride to allow Future of School to complete its transition from private foundation to public charity. After Future of School identified Stride’s breach of the agreement and demanded that it honor its commitment to donate the funds, Stride ceased communicating and instead filed a lawsuit. Since Stride failed to provide the money it promised, Future of School has been forced to cut its staff and vital programs that have served students, educators, and parents across the country since 2016. On the other hand, Stride has continued to reap the benefits of its former partnership with Future of School through ongoing publicity, even after reneging on its charitable pledge. The counterclaims state that “Stride made significant efforts to portray itself as an ESG-focused corporation and consistently reported on its donation commitment to Future of School, bringing the company significant positive publicity, both in the eyes of the general public and institutional investors.” Nevertheless, Stride sued Future of School to try to get a court to declare that the agreement to donate the funds is not enforceable. Future of School is a national public charity mobilizing change in American K–12 education from a one-size-fits-all system to one that ensures all students reach their unbounded potential no matter where their learning takes place. More information is available at www.futureof.school. A copy of the counterclaims and other documents related to the lawsuit can be downloaded here and at LawsuitPressRelease.com. Contact Details David PR Group John P. David +1 305-724-3903 john@lawsuitpressrelease.com

December 09, 2022 08:30 AM Eastern Standard Time

Getir, the world's first ultrafast grocery delivery company, acquires Gorillas

Getir

Getir, the pioneer of ultrafast grocery delivery, has today announced that it has acquired Berlin based on-demand delivery company Gorillas. This move underscores how Getir leads consolidation in this sector. Getir was founded in 2015 as the world’s first ultrafast grocery delivery service and operates in nine countries across three continents. Pioneering the sector with its model of delivery in minutes, the company became Europe’s first grocery delivery decacorn earlier this year. "Markets go up and down, but consumers love our service and convenience is here to stay. The super fast grocery delivery industry will steadily grow for many years to come and Getir will lead this category it created 7 years ago" says Nazim Salur, founder of Getir. Contact Details Arielle Goren +1 212-717-5863 getir@kivvit.com Company Website http://www.getir.com/us

December 09, 2022 08:00 AM Eastern Standard Time

Happy Holidays to our Furry Friends

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/Besf5VwppHM For more information, visit HILLSPET.COM/SMALLDOG It’s the most wonderful time of the year – and our pets are as much a part of the holiday festivities as any other family member. Gifts for pets have exploded in recent years, and owners of small dogs, the fastest growing pet category, will spoil their furry friends even more on items including toys, special outfits, food items and holiday photos. So, how do we get our smallest furry friends holiday ready? Celebrity Dog Groomer, Jess Rona, and Hill’s Veterinarian, Dr. Kristin Wuellner, conducted a nationwide media tour providing tips to ensure our pets are holiday ready, well fed, and staying safe this holiday season. During the live and interactive interviews on TV and radio stations around the country Jess Rona and Dr. Kristin Wuellner -- Hill's licensed veterinarian discussed: · Trends in dog grooming and requests that are at the top of the list during this time of year · Tips for pet parents to help them get their pup photo-ready for the holidays · What pet owners should know about these pet trends · What owners of small dogs should know about feeding and nutrition for their pets this holiday season · Unique needs of small pets · General safety tips dog owners should be aware of during the holidays Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

December 08, 2022 02:52 PM Eastern Standard Time

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Austin-Webcor JV Team Delivers World’s 1st WELL Core Certified Airport Terminal at San Francisco International Airport (SFO)

Austin Commercial & Webcor Joint Venture

San Francisco International Airport’s (SFO) Harvey Milk Terminal 1 Boarding Area B (BAB) is officially the world’s first WELL Core Certified airport terminal, exceeding the wellness-focused designation’s requirements with the highest available rating—WELL Certified Platinum. WELL Certification is administered by the International WELL Building Institute (IWBI ), the world’s leading organization focused on deploying people-first places to advance a global culture of health. “This exceptional accomplishment reflects the entire design-build team’s steadfast commitment, in collaboration with SFO, to delivering a space that uniquely prioritizes occupant health and well-being,” says Webcor Project Director, Design Wayne Campbell. The project’s design-build team includes the Austin Commercial & Webcor Joint Venture, along with HKS / Woods Bagot ED2 International / KYA. This momentous achievement closely follows Terminal 1 BAB’s Leadership in Energy and Environmental Design (LEED) BD+C v4 Platinum certification, which recently made headlines for becoming the world’s first airport terminal to achieve LEED BD+C v4 Platinum. These groundbreaking sustainability certifications are the culmination of years of tireless efforts made by the design-build team to meet both standards’ rigorous requirements. Setting a New Standard for Sustainable Airports While the LEED rating system examines whole building design, the WELL Building Standard focuses and expands on a space’s indoor environmental quality. According to the WELL Certification website, WELL represents “an investment in the world’s most valuable asset—people,” and was founded on the principles of being equitable, global, evidence-based, technically robust, customer-focused, and resilient. Being the first of its kind, Harvey Milk Terminal 1 BAB has become the foundation of WELL v2 ’ s current standards for airports and embraces the WELL Standard’s 10 concepts: air, water, nourishment, light, movement, thermal comfort, sound, materials, mind, and community. For this program, the air and materials concepts were rigorously integrated into the coordination of Terminal 1 BAB’s design and were weighted particularly heavily during the terminal’s on-site WELL performance evaluation. As outlined in SFO’s recent press release, highlights of the health and well-being measures incorporated into the terminal include: Highly efficient outdoor air filtration system to remove pollutants and odor to provide healthier indoor environments that meet WELL’s enhanced indoor air quality requirements as verified through third-party testing. Radiant heating and cooling to complement displacement ventilation to provide energy efficiency, improved indoor air quality, and enhanced passenger comfort. Online data provided by SFO that shows annual water quality test results, including enhanced taste properties. Dynamic glazed windows that change with the sun’s location to reduce glare and improve comfort. Large windows that harness daylight to reduce the need for electric lighting and to support occupants’ circadian rhythms. Building materials and furnishings with minimal human health impact based on Health Product Declarations (HPDs) and with low volatile organic compound emissions and content to support improved indoor environmental and air quality. Selection of products, systems, and materials with the least environmental or planetary impact based upon Environmental Product Declarations (EPDs). Green cleaning processes that support occupant and employee health during construction and after occupancy. Acoustic management through sound reducing surfaces, quieter mechanical systems, and the Airport’s ‘quiet airport’ program. “Unlike LEED, WELL primarily focuses on a building’s impact to the human experience (mind, nourishment, and community), which distinguishes it from the ‘traditional’ sustainability standard,” says Webcor Assistant Design Manager April Chang, who led the JV’s WELL Certification efforts. “Successful certification required third-party performance verification testing of water, light, and sound.” A Unique Partner in SFO From the beginning, SFO envisioned Harvey Milk Terminal 1 as a low-energy, low-carbon, LEED Gold-certified (at a minimum) building—a vision that eventually evolved into an even more innovative goal to reach Zero Net Energy readiness. “SFO’s Zero Energy and Resilient Outcomes (ZERO) Committee guided, supported, and collaborated with the project team to exceed LEED Gold certification standards through additional funding to support the additional Zero Net Energy and building health measures that were proposed after the original building program was completed,” says Austin Commercial Project Manager Kent DeRusha. “These measures enhanced energy efficiency and carbon emissions reductions and promoted improved human health in the built environment.” “The WELL Standard wasn’t originally designed for an airport setting,” Chang says. “Earning WELL Platinum Certification for this type of large-scale, 24/7 operation with multiple stakeholders was only possible because we had the support of SFO’s ZERO committee. SFO’s formation of a distinct committee, allocation of funds dedicated to achieving the terminal’s ambitious sustainability goals, and premium on improved human health in this airport terminal facility were key to our success. “It’s also worth noting that WELL is complementary to LEED certification; we didn’t have to modify the design to achieve WELL,” she continues. "The design-build team and ZERO committee had gone above and beyond to develop a design that outperformed LEED Platinum standards from the beginning.” "SFO's commitment to social responsibility and sustainability aligns with our mission to use research-proven strategies to positively impact occupant well-being for every project," says Allison Smith, Sustainable Design Leader at HKS, who also served on IWBI's Airport Advisory in 2020 and was the WELL Project Administrator for Terminal 1 BAB. "The process of pursuing and becoming the first to achieve this certification allowed our collective teams to better understand how to apply this people-focused standard to highly complex transportation projects and ultimately have a positive impact on the health and well-being of staff, tenants, and the traveling public." “We are honored to be the first airport in the world to achieve full WELL Certification,” says Airport Director Ivar C. Satero. “Harvey Milk Terminal 1 was designed with both our passengers and employees in mind… as a place to be relaxed, a place to be healthy, and a place to be inspired by the legacy of pioneering civil rights leader Harvey Milk. My sincere thanks go out to the entire project team for setting the new standard for how airport facilities can truly benefit the people who use them.” Ivar C. Satero, Airport Director, SFO and Dr. Matt Trowbridge, Chief Medical Officer, International WELL Building Institute accept the WELL Platinum Certification plaque for SFO Harvey Milk Terminal 1 BAB. Photo provided courtesy of Webcor SFO Harvey Milk Terminal 1 Boarding Area B (Credit: Kevin Meynell Photography) About Webcor Webcor is a premier provider of commercial construction services, known for its innovative and efficient approach, wide range of experience, cost effective design-build methodology, skill in concrete construction and expertise in building landmark projects. Webcor's mission is to build structures of superior quality with integrity, continuously improve its processes by employing the best talent in the industry and add social and economic value to its communities. Founded in 1971 and repeatedly honored as one of the Best Places to Work, Top California Contractors, Largest Bay Area General Contractors, Top Green Contractors, and Top Design-Build Contractors, Webcor has offices throughout the state in San Francisco, Alameda, San Jose, Los Angeles, and San Diego. More information is available on the Webcor website and on LinkedIn, Facebook, Twitter, and Instagram. About Austin Austin Industries is one of the nation’s largest, most diversified construction companies. With more than 7,000 employee-owners, Austin Industries provides civil, commercial, and industrial construction services through the expertise of its operating companies: Austin Bridge & Road, Austin Commercial, and Austin Industrial. Austin Commercial is nationally recognized for delivering exceptional safety performance, innovative construction solutions, world-class diversity-inclusion program, and innovative construction solutions across several markets, including aviation, corporate/office, healthcare, hospitality, mixed-use/retail/residential, semiconductor and fabrication plants, sports/public assembly/themed entertainment, and university/education. Learn more at www.austin-ind.com. Contact Details Shel Holtz, Webcor Sr. Communications Director +1 510-517-3845 sholtz@webcor.com

December 08, 2022 09:00 AM Pacific Standard Time

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DeFi Can’t Protect Your Crypto Either

Radix

Authored by Amy Wilkinson, Radix. “ Not your keys, not your crypto. ” If you’ve traded a token or two in your time, you’ve likely heard this phrase thrown around before. For those who haven’t, the six-word warning is often said in reference to the use of centralized financial (CeFi) products when storing your cryptocurrencies, and the contradictory position this leaves your tokens in. With the idea that crypto was born to decentralize the financial ecosystem and remove holding power over your assets from money-hungry authoritative entities, holding your crypto on a centralized exchange or application that simply leverages Web3 to offer their services does the opposite. The age-old battle has recently escalated thanks to the FTX scandal that felt ever-so reminiscent of traditional financial corruption, with many rattled crypto investors directing their attention towards the development pinned to kick centralized criminals once and for all: decentralized finance (DeFi). DeFi, by nature, is exactly what crypto was built for. Following the 2008 financial crisis, Satoshi Nakamoto created Bitcoin as a new, decentralized monetary system that, if globally adopted, was intended to become a new financial system free of the flaws fiat currencies pose. Fast-forward 14 years, and the foundations set by Nakamoto have become a fully-fledged (albeit also flawed) industry. While many projects within the space fundamentally align with Bitcoin and maintain decentralization at their core, the wild pace at which they’ve been developed has resulted in an industry brimming with talent and opportunity that just isn’t quite mapped out for global adoption. As many have joined the scurry to pull their tokens out of centralized applications, fearful of the lack of ownership over their own holdings, there’s one fundamental issue with the migration of CeFi users to DeFi platforms: DeFi isn’t ready for it. Picture Eleven Madison Park – one of the best restaurants in the world – in its early days of growth. Now picture hundreds of hungry customers scrambling to the front doors of the restaurant following a less-than-satisfactory experience at an over-hyped restaurant down the street. It’s early. The lights aren’t on, the wine shelf needs a restock, the prep chefs aren’t finished, and the servers haven’t even arrived. Not only would it be absurd to expect a world-class dining experience under such circumstances, but a surge of demand in such a manner would most likely lead to an array of problems from an otherwise exquisite project and brilliantly thought-out plan of execution. This, on a much grander scale, is comparable to what we might come to see with a mass-migration from CeFi to DeFi. Crypto isn’t ready for mass adoption, but it will be (very) soon. Join over 10,000 others at RadFi2022 - hosted by the minds behind Radix DLT - on December 8 to find out how. Sign up for free to the virtual event here. Your Keys But… Still Not Your Crypto? To ensure you ‘own’ your crypto, you must ‘own’ your keys. ‘Keys’ in this case refer to a cryptographic sequence of characters known as a ‘private key’, which is generated by a decentralized crypto wallet and accessible only by the owner of said wallet. This ensures a wallet powered by decentralized software is non-custodial, meaning any big bad bosses who might have wanted to dip their mitts into your pot of honey are eradicated from the equation. While those who migrate their crypto holdings to a decentralized application (dApp) are right to assume whole ownership over their tokens, not all is quite as it seems when it comes to using dApps. Across virtually every smart contract platform, transactions are far from what they seem on the surface, and this is where a shift to DeFi really starts to get tricky. Although the user interface of a product may offer the feeling of security that your tokens are ‘in your wallet’, scratch beyond the surface and you’ll have a pretty tough time locating anything recognizable. Most smart contract languages used in DeFi today don’t actually know what an asset is. ‘Assets’ that exist on networks like Ethereum are actually just variable numbers on a list of balances maintained inside a smart contract, they’re not actually stored in a wallet. Essentially, on most existing networks in today’s DeFi, although it might look like you’ve got X amount of X token safely stored within your wallet - there’s actually nothing in there. Instead, your wallet simply knows from where to pull the numbers. This, in turn, makes what should be pretty simple concepts - like peer-to-peer transactions - become incredibly complex. Each time an on-chain transaction is processed, rather than one wallet sending tokens to another (as you’d expect), a message is sent to the smart contract that manages the list of balances instructing it to update the balance state for the two wallets involved. It sounds complicated, and it is - way more complicated than it needs to be. While the industry has moved at an incredible pace to develop innovative applications, areas for improvement of the underlying technology have been neglected, meaning more and more products are being built on inadequate foundations. The issue with how tokens exist on current networks cuts far deeper than inefficiency though. Having such intricate, long-winded, and convoluted processes for what should be a simple A to B transaction increases the risk of exploits and hacks within the crypto space. Since the set-up of a smart contract on networks like Ethereum boils down to how its developer has built it, the existing architecture for transactions on a decentralized network means the entirety of a financial ecosystem is left in the hands of developers. This, paired with the issues developers face working with programming languages like Solidity creates room for a number of opportunities for exploits and hacks that can leave you high and dry. This isn’t even sustainable for the few using it right now – it certainly won’t be for a global economy. Decentralized Exchanges Can Be as Risky as Centralized Ones One of the major problems tied to developer dependency lies within exchanges. Exchanging cryptocurrency on a decentralized exchange (DEX) should, in theory, be quite simple. However, as transactions on smart contracts do not actually involve "sending" tokens from one account to another, DEX users require their wallets to follow the same steps as above, only, with the additional need for two smart contracts interacting with one another to actually record the exchange of tokens. There’s one big problem here though: smart contracts don’t know how to do this. A solution was provided to remove this bottleneck, but it opened the floodgates for hackers. If you’ve used a DEX before, you’ll be familiar with the step that asks you to approve the transaction you’re about to make before it goes ahead. With the complexities that come from smart contract limitations, for DEXs to fulfill a transaction, they require your permission to spend your funds for you with the expectation that you’ll receive back the token you requested in exchange. Unless users opt-in to cap the limit they’re allowing the smart contract to spend, when these spend approvals ask a user to authorize the smart contract’s spending of those tokens, they’re often giving access for the smart contract to spend an infinite amount of the user’s holdings of said token. With many top-tier DEXs you can expect the platform to do as it promised - provided the smart contract is implemented correctly. But, DEXs can be built by anyone who has the know-how - and when it comes to picking one from the bunch, there are a lot of them out there. While the process might feel decentralized, when you click ‘approve’ you’re essentially giving the DEX, the smart contract, and the often anonymous developer the ability to literally drain your wallet. Apply that logic to almost any other form of trade that currently exists, and the idea is completely ludicrous. It’s like giving Walmart access to your bank account when you buy a carton of milk. Crossing our fingers and hoping for the best like this is never going to be enough to support the $400 trillion industry that is global finance today, or even begin the drive to mass adoption of DeFi. Tomorrow’s DeFi is Not The Same As Today’s While the picture this paints might not be pretty, it doesn’t actually represent real DeFi. Radically improving a global economy is not an easy feat, nor one that can be accomplished overnight. While many of the products we’re currently armed with in Web3 might not convince us to upshift & move our entire life savings to Web3 just yet, there are innovations across the industry that are starting to provide the infrastructure that DeFi actually needs – the future that finance actually needs. Take Radix - a layer 1 smart contract platform embedded with the world’s first “ DeFi engine ” virtual machine built with the intention of obsoleting traditional finance. Projects like this have long addressed the issues preventing Web3 and DeFi from scaling, and have spent the best part of the past decade building technology designed at the core to enable a functional and radically better future for DeFi. Thrusting the responsibility to secure an entire financial infrastructure onto developers isn’t good for anyone – nor is the attempt to build a novel financial system that doesn’t know what assets are. Smart contract languages like Scrypto – Radix’s developer-first programming language – enable developers to seamlessly build code without having to spend all their time worrying about the underlying architecture. For the first time in crypto, this would allow Web3 developers to build innovative features fit for purpose on a global scale. In an asset-oriented paradigm like Radix’s, assets like tokens are native to the network. Unlike Ethereum, Solana, and most other networks, this removes the complicated and risky process of sending, receiving, and exchanging assets because transactions on Radix work exactly how you’d expect them to. If the crypto industry is ever to globally scale, it needs to be rebuilt. Too many crypto projects have flown to market without effectively addressing the technology needed for DeFi, leading to devastating hacks being seen time and time again across the industry. While the industry learns from its mistakes and evolves to the next phase of evolution, developments like Radix that have been years in the making are two steps ahead – laying the foundations for better global finance to finally exist. In 2023, after 10 years in the making, Radix plans to launch smart contracts live on its public network. To find out more about how Radix plans to radically change the future of finance, join more than 10,000 others at RadFi2022 on December 8. Sign up for free to the virtual event here. DeFi is young. While the kinks haven’t been straightened out yet, the critical problems with central governance over independent finances are only growing. DeFi has some work to do, but the global opportunity it will provide for everyone can’t be ignored any longer, and with projects like Radix redefining the landscape, it won’t be. Want to learn more about Radix? Visit the website here. DeFi needs to be better - and it’s about to get radically better with Radix. Get your free ticket to join RadFi2022 on December 8 and learn what the future holds for decentralized finance. Find out how. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Amy Wilkinson amy.wilkinson@rdx.works

December 08, 2022 09:50 AM Eastern Standard Time

AmeriLife’s Agent Support Group Announces New Leadership & Company Name

AmeriLife

Agent Support Group (ASG), one of the oldest and most established life insurance brokerages in the U.S. and an affiliate of AmeriLife Group, LLC (“AmeriLife”), today announced the elevation of Jay Scheiner to CEO of the firm and principal with AmeriLife. Scheiner succeeds Sam Kaufman, who recently announced his retirement after leading Agent Support Group through 50 years of growth and innovation. Scheiner will take over day-to day operations while focusing on its core business of providing advanced case design and underwriting support for life insurance, long-term care and annuities. “Our core mission at ASG is to provide concierge-level service to life insurance agents, financial advisors, and professionals in other insurance disciplines, helping them develop and expand the life insurance area of their practice,” said Scheiner. “I look forward to continuing ASG’s strong legacy and accelerating our growth as an integral part of the AmeriLife team.” In a related decision, ASG Partner Gary Bleetstein also announced his retirement after 16 years with the firm and more than 45 years of success in key roles in the insurance industry. With Bleetstein’s retirement, ASG’s Mark Milbrod will assume the role of vice president and continue to assist ASG in providing unrivaled service to its client partners. Scheiner takes the reigns of ASG at a pivotal moment for both the business and its brand, as it re-introduces itself to the insurance market under the name ASG, An AmeriLife Company. The firm’s new name and logo reflect its legacy as one of the longest-serving life brokerages in the New York metropolitan area and its deep, long-held connection with AmeriLife, while also repositioning it as a forward-looking firm that supports the modern financial advisor. “Jay and Mark are the right leaders for the moment, and we look forward to working closely with them as they usher ASG into a new and exciting era,” added Mike Vietri, AmeriLife’s Chief Distribution Officer. “We’re also incredibly grateful for the leadership and contributions of both Sam and Gary over the many years, and wish them well in retirement.” ### About ASG, An AmeriLife Company Founded in 1973, ASG (formerly known as Agent Support Group) provides insurance services for professional advisors, including advanced case design for estate and business planning life insurance, impaired risk underwriting, and point of sale assistance for life, annuity, disability and long-term care insurance. ASG, which has its principal offices in New York City and Manhasset, N.Y., is a member of LIBRA Insurance Partners, assuring direct access to top-rated carriers and underwriting. For more information, visit ASGLife.com. About AmeriLife AmeriLife’s strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. In doing so, AmeriLife has become recognized as the leader in developing, marketing, and distributing life and health insurance, annuities and retirement planning solutions to enhance the lives of pre-retirees and retirees across the United States. For more than 50 years, AmeriLife has partnered with top insurance carriers to provide value and quality to customers served through a distribution network of over 300,000 insurance agents and advisors and more than 100 marketing organizations and insurance agency locations nationwide. For more information, visit AmeriLife.com, and follow AmeriLife on Facebook and LinkedIn. Contact Details Media Jeff Maldonado +1 321-297-1112 jmaldonado@amerilife.com Partnership Inquiries Patrick Nichols +1 727-726-0726 pnichols@amerilife.com Company Website https://amerilife.com/

December 08, 2022 09:00 AM Eastern Standard Time

Xpoint granted license to operate from Tennessee Sports Wagering Advisory Council

Xpoint Technology

Xpoint, the leading geolocation and compliance technology company specializing in North American sports betting and iGaming markets, has announced that the company has been granted a license to provide geolocation technology services in Tennessee by the Tennessee Sports Wagering Advisory Council. Geolocation services have been essential in ensuring that sports betting remains compliant with existing legal regulations, much of which is contingent on sportsbooks and iGaming operators being able to prove that any requests placed by consumers using their platform are within their state borders. “I would like to thank the members and executive staff of the Tennessee Sports Wagering Advisory Council for approving our application for licensure to provide geo-verification services in Tennessee," commented Marvin Sanderson, CEO of Xpoint. “To be licensed to provide our geolocation technology solutions in another legalized sports betting U.S. State is a huge honor, and we are looking forward to working with multiple partners in Tennessee to help their players gamble safely, securely, and free from any fraud.” This announcement comes right around the corner of Xpoint receiving authorization to launch their geolocation services in the state of Ohio, United States. The company has launched live geolocation technology services with multiple partners in Canada and throughout the USA and is one of only two geolocation technology vendors licensed in New Jersey. ABOUT XPOINT Xpoint provides essential geolocation security solutions and intelligent location-based marketing insights to the global sports betting and iGaming industries. Xpoint’s innovative Verify and Lite platforms ensures partners meet their regulatory geo-compliance obligations, and deliver enhanced value through the generation of location-based data that can drive marketing programs. Xpoint was founded in 2019 and officially unveiled in Las Vegas in 2021, and is led by the company's CEO Marvin Sanderson, a global sports betting and iGaming industry leader. With North American offices in Toronto, Canada and Miami, Florida, Xpoint is changing the global geolocation market, bringing innovation to an industry that has, to date, viewed geo-compliance as a utility, not a new business opportunity. For more information, visit xpoint.tech and follow LinkedIn and Twitter for regular updates. Contact Details Xpoint Arisha Nomani +1 305-455-8776 arisha@xpoint.tech Company Website https://xpoint.tech/

December 08, 2022 08:00 AM Eastern Standard Time

Metacade Presale for Web3’s First-Ever P2E Crypto Arcade Raises Over $670k in Under 2 Weeks

Metacade

Metacade, the first-ever community-developed play-to-earn (P2E) blockchain arcade, has announced the launch of its highly anticipated $MCADE token presale. The sale of Metacade’s native utility token sold over an incredible $670k in under 2 weeks, with their Beta Sale stage now over 60% SOLD OUT. $MCADE is available to buy on the official Metacade website. Positioning itself as a Web3 community hub, this gaming-first platform is set to attract gamers, investors, and entrepreneurs alike by offering a multitude of ways to earn, play, and connect. It looks to be a central hangout for all of those interested in GameFi and metaverse. To ensure investor confidence, $MCADE has been audited by leading blockchain auditing firm CertiK, a security-focused platform that analyzes and monitors blockchain protocols and DeFi projects. Verification and approval from CertiK mean that the code behind Metacade is highly secure and has been scrutinized for any weak spots. Metacade harnesses the power of Web3 to take blockchain gaming to the next level. The project goes beyond play-to-earn and offers a place to discover what games are trending, view leaderboards, publish game reviews, and access the hottest and most advanced GameFi alpha. Head of Product for Metacade, Russell Bennet said: “The crypto gaming space is crying out for a single destination where we can all go and learn, earn and play games with fellow enthusiasts without having to jump from platform to platform”. Metacade isn’t out to just improve the existing P2E and metaverse worlds but also to foster the future of this space. The project's hallmark feature is Metagrants, a source of funding awarded to game developers to bring new games to the Metacade. The Metacade community will vote on which projects get funded to turn the collective vision into a reality on the platform. The first game developed using the first Metagrant will be launched in 2024. By the end of 2024, the project intends to transform into a DAO, handing over key roles and responsibilities to the Metacade community and achieving a fully community-staffed business. It looks to achieve this by deploying Play2Earn, Create2Earn, and Work2Earn functionalities with each of these initiatives giving a little more control of the project over to the community in the coming years. Reflecting on the core ethos of Metacade, Russell said: “We want to create a community that has zero barriers to entry whether you want to work in the space, launch a business or just hang, out, play, and have fun.” $MCADE has a fixed supply of 2 Billion $MCADE tokens. Seventy percent of these (1.4 billion $MCADE tokens) are being made available during the token’s presale event. The remaining thirty percent will be used on exchange listings, during development, providing liquidity, and funding the competition pool. $MCADE is the utility and governance token powering the project. It plays a crucial role in the platform's functionality as holders can use it to vote on the project’s future direction and new game proposals. It will be the main tool for interacting with the Metacade ecosystem: holders can use it to enter tournaments and exclusive prize draws, purchase merchandise, and many other things as the platform develops. Token holders will have plenty of opportunities to earn rewards through the project. $MCADE holders can earn from activities such as contributing content, reviewing and testing games, and generally engaging within the ecosystem. $MCADE holders may also stake their tokens in liquidity pools to earn rewards and APYs based on the amount staked. Staked rewards are paid in a stablecoin amount rather than in $MCADE to protect the value of the funds from inflation and price swings. To further promote a deflationary attribute to the token, Metacade plans on introducing a burn mechanism or a buyback scheme. Token burning will help the ecosystem permanently erase a given percentage of supply, thereby lowering the overall supply and boosting the value of $MCADE in the long run. Right after the $MCADE presale is complete, Metacade will roll out the website and build a founding team. In Q1 2023, the goal is to list the $MCADE token on Uniswap and the top five centralized exchanges, along with popular crypto aggregators. With an ambitious road map, Metacade is on track to revolutionize how a traditional community hub is owned and operated. The Metacade Beta sale has now sold over $670,000 worth of tokens in under two weeks and at the time of publishing has under 40% remaining. To buy $MCADE, visit Metacade.co and join the presale now. About GameFi GameFi, one of the most talked about and promising sectors of Web3, creates a virtual gaming ecosystem that relies on the use of cryptocurrency, non-fungible tokens (NFTs), and blockchain technology. At the core of the GameFi ecosystem is the play-to-earn (P2E) gaming model. Unlike the traditional pay-to-play model, P2E allows gamers to earn financial rewards by participating in challenges and tasks. About Metacade Metacade is the premier destination for gaming in the metaverse. As Web3's first community arcade that allows gamers to hang out, share gaming knowledge and play exclusive P2E games. The platform offers users multiple ways to generate income, build careers in Web3, and connect with the wider gaming community. Metacade will be the one-stop destination for users to play, earn, and network with other passionate gamers worldwide. Once the project reaches the end of its roadmap, Metacade will be handed over to the community as a full-fledged DAO. After all, Metacade wants you to have a hand in shaping the GameFi world of tomorrow. Links Website: https://metacade.co Whitepaper: https://metacade.co/whitepaper.pdf Socials: https://linktr.ee/metacade_ CertiK Audit: https://www.certik.com/projects/metacade Contact Details Metacade Head of Product Russell Bennett pr@metacade.co

December 08, 2022 05:02 AM Eastern Standard Time

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