Digital Asset DirectSHARE Series
Contact Details SHARE Series Dan Aldridge +1 404-740-0638 dan@shareconferenceseries.com Company Website https://share-series.open-exchange.net
May 29, 2024 08:00 AM Eastern Daylight Time
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News ReleaseRazorPitch MMA
The martial arts and combat sports industry is on the rise, fuelled by the popularity of MMA, currently one of the world's fastest-growing sports. The rising popularity of the sport has opened up significant opportunities, with a recent IBIS sport report revealing that there were 45,000+ martial arts and MMA gyms by 2023 in the US which generated over $12.6 billion. That number is, however, expected to skyrocket to more than 67,000 by the end of next year, which illustrates just how massive an opportunity this could be for players in the sector. Alta Global Group (NYSE:MMA) is well positioned to benefit from this growth as it enables the broader global martial arts and combat sports industry to maximize their monetization opportunities by increasing consumer participation in the sport. Through Trainalta.com, powered by the Alta Community Platform, Alta offers martial arts and combat sports programs such as the Warrior Training Program and UFC Fight Fit Program, supported by strategic partnerships with gyms, coaches, athletes, and influencers to facilitate effective communication, curated content, and easy onboarding. The platform enhances both digital and in-gym experiences, enabling seamless community engagement. The renowned Warrior Training Program, running in gyms across the US, Ireland, Australia, and New Zealand, operates through a revenue-sharing model with gym owners, culminating in a sanctioned amateur MMA final fight night, catering to beginners seeking fitness and lifestyle changes. Alta also owns mixedmartialarts.com, following a recent acquisition in November 2023. This acquisition has given its portfolio significant strength through leveraging mixedmartialarts.com’s top 3 global ranking, 530,000 user profiles, 15 million views, and over 5 million social media followers to actively engage fans and help support gyms, coaches, and participants. Here’s a clearer snapshot of its digital reach: In what is no doubt another major corporate milestone, Alta recently reaffirmed its commitment to unlocking the unparalleled opportunity to convert 640 million MMA sports fans to participants by announcing its strategic acquisition of Hype for an undisclosed sum. Hype is essentially a subscription based mobile marketing platform designed specifically for small businesses looking to supercharge their growth by harnessing the power of social media. This mobile-first platform combines the functionalities of a mobile website builder, like Linktree, with the core email and SMS marketing capabilities of CRM systems like HubSpot, while also providing an integrated payment system. Being a mobile-first solution makes Hype perfectly suited for owner-operators who manage much of their business on their phones, making it especially ideal for combat sports gyms. For Alta, Hype’s value proposition is that it’s going to help gyms grow participation in combat sports by allowing the gyms to increase engagement with their members, acquire and retain them without the hassle of bundling different products and platforms. That means that gyms can become more efficient and better positioned to grow their own revenues. Fortunately, Alta has been able to bring on the development team as well as the founder, Nick Chen. With Hype's expert team now joining Alta, the company gains invaluable in-house technology expertise, replacing the previously outsourced team and fortifying Alta's capability to deliver cutting-edge technology solutions for the combat sports sector without additional costs. To better illustrate why Hype’s acquisition is so compelling for Alta, consider this. The platform was previously funded by venture capital, receiving over $22 million in investment, including for the launch, which reaffirms investor confidence in the potential of the product. So far, Hype has processed over $40 million in payments through its platform, helped businesses collect over 4 million contacts, and is currently generating approximately $200,000 annually in recurring revenue. By integrating this technology into its existing platform, Alta estimates it could accelerate its technology roadmap by at least 18 months, delivering many millions of dollars in technology capex and development cost savings, while reducing customer acquisition costs for its partner gyms. Alta CEO and founder Nick Langton underscored the significance of the acquisition: "This acquisition represents a pivotal moment for Alta. To be able to put this technology in the hands of our valued gym partners, we believe will be a game changer for them to grow revenues and more effectively engage with their members. We expect this transaction to materially accelerate Alta's mission to convert more fans into participants and drive more shared revenue opportunities. Under Nick Chen's leadership, the Hype team has created a market-leading platform that we believe is perfect for owner operators who run their businesses on their feet from their mobile devices. We believe this is the perfect tool to help combat sports gym owners supercharge their business." As mentioned before, it's not only gyms that will benefit from this platform. Hype's technology solution extends well beyond the martial arts and combat sports sector. It has proven utility and established customers, giving Alta the ability to unlock further opportunities by targeting small businesses globally as well as potentially applying the platform to other local and community sports. In fact, Hype reimagines a future of multiple product categories simultaneously across a $100 billion market for small business software. Following the acquisition, Alta will distribute the Hype product offering across its extensive community of over 500 partner gyms and thousands of coaches and athletes globally across the Alta Platforms. Alta believes that this acquisition presents a significant opportunity to launch a new SaaS offering for its gym, coach, and talent partners, further increasing the embedded revenue opportunity that exists from each gym, coach, and talent relationship on our platform. The company has already proven that its Warrior Training Programs deliver at least $24,000 in gross revenue per program. Therefore, Hype’s acquisition will only fuel further revenue growth. According to Alta’s projections, each active gym could potentially generate $88,000 in annual revenue now that the company is launching new membership tiers. As of January 2024, the company had over 500 active gyms globally that had claimed their profile and signed T&C’s on the platform, illustrating the scale of the revenue potential here. Alta currently has a market capitalization of only about $41 million, but it certainly appears there’s room for movement to the upside going forward. It is also important to note that Hype’s acquisition ties in well with its recent successes in creating iconic partnerships with some of the most high-profile and respected identities in MMA, who are helping it to amplify its brand and drive platform adoption. These include the company’s recently announced investment from five-time MMA world champion Conor McGregor. McGregor's investment and endorsement come at a pivotal moment as Alta embarks on rolling out its transformational Warrior Training Program across the US. He will be lending his support to Alta's flagship 20-week Warrior Training Program. In a recent video post on social media, McGregor urged MMA fans to embrace martial arts training through Trainalta.com, emphasizing the platform's role in providing a space for learning and camaraderie. He highlighted Trainalta.com as an essential organization in the martial arts space, supporting MMA gyms worldwide, underscoring Trainalta.com's commitment to fostering a vibrant community of martial artists and combat sports enthusiasts while revolutionizing training experiences globally. Disclaimers: RazorPitch Inc. "RazorPitch" is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. RazorPitch has been retained by the company to assist in the production and distribution of this content. RazorPitch is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by RazorPitch or any third party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. RazorPitch is not a fiduciary by virtue of any persons use of or access to this content. Contact Details RazorPitch Inc Mark McKelvie +1 585-301-7700 Mark@RazorPitch.com Company Website http://razorpitch.com
May 29, 2024 07:00 AM Eastern Daylight Time
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News ReleaseBitTorrent
Singapore, May 28, 2024 – To sustain the growth and success of the BitTorrent ecosystem, BTFS is set to implement a halving on the next round of rewards for storage miners on the BTFS network. From 00:00 (UTC) June 25, 2024, the daily rewards for storage miners on the BTFS network will be halved from 15 billion BTT to 7.5 billion BTT. The BitTorrent File System (BTFS) is a decentralized file storage system that utilizes blockchain technology and peer-to-peer transmission. It allows users to store their files across multiple nodes in a distributed manner, enhancing file security and reliability. BTFS also offers rapid file transfer and access, giving users greater convenience in managing and sharing files. By integrating key features of the BitTorrent Chain (BTTC), such as cross-chain connectivity and multichannel payment options, BTFS significantly enhances user experience. Currently, the BTFS network is experiencing rapid growth with over 8 million nodes across the network, including more than 6 million super miners, according to BTFS SCAN. To support the efficient operations of these nodes, BTFS initiated a rewards program and has provided an aggregate of 25 trillion BTT since the launch of BTFS Mainnet in 2019. Every two years, the BTFS rewards halving will occur causing the rewards for all storage miners across the network to be cut in half. (Halving roadmap) Moreover, halving will also prompt miners to improve node performance by optimizing node operation and reducing waste. In addition, an upgrade of the official website for the BTFS technical community and the release of BTFS v3.0 Mainnet will be scheduled in sync with the halving. These developments are expected to improve the efficiency of the BTFS protocol, expand the user base, and enhance its overall functionality. Looking ahead, BTFS is committed to continuously refining its storage rewards strategies. The goal is to expand the network of nodes participating in file storage on BTFS, providing developers with an efficient, secure, and reliable storage solution boosting both the capacity and the transaction efficiency of the BTTC network. About BTFS The BitTorrent File System (BTFS) is both a protocol and a web application that provides a content-addressable peer-to-peer mechanism for storing and sharing digital content in a decentralized file system, as well as a base platform for decentralized applications (Dapp). The BTFS team has been working on the latest network operations and BTT market sentiment, etc., to make a series of dynamic adjustments such as upload prices and airdrop reward schemes. About BitTorrent Founded with a leading peer-to-peer sharing technology standard in 2004, BitTorrent, Inc. is a consumer software company based in San Francisco. Its protocol is the largest decentralized P2P network in the world, driving 22% of upstream and 3% of downstream traffic globally. Its flagship desktop and mobile products, BitTorrent and µTorrent, enable users to send large files over the internet, connecting legitimate third-party content providers with users. With over 100 million active users, BitTorrent products have been installed on over 1 billion devices in over 138 countries worldwide. Since November 2018, TRON (TRX), Binance (BNB), and Bitcoin (BTC) holders have the opportunity to purchase one-year subscriptions of BitTorrent or µTorrent products, including Ads Free and Pro for Windows. Pro includes anti-virus and anti-malware screening, file converting and playability in HD. Users can visit bittorrent.com or utorrent.com to learn more. Website | Telegram | Medium | X | Media Contact John Chen press@bittorrent.com Contact Details John Chen press@bittorrent.com
May 28, 2024 07:53 PM Eastern Daylight Time
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News ReleaseTotal Media
The current 2024 cycle has experienced wild and crazy price rallies from cryptocurrencies of most sectors. Specifically, meme coins, but also AI, social Fi, and utility tokens. What does that mean for meme tokens such as FLOKI and Raboo ($RABT) an AI powered meme coin at the intersection of SocialFi, MemeFi and AI? Bitcoin: Post Halving Fever or Crypto Winter? For the past few months, Bitcoin has surged up to 90% YTD - a strong signal of its bullish momentum. Nonetheless, that's still slower than the crypto market average - with meme coins such as FLOKI rallying over 500%. Historically, post halving season, Bitcoin surges to a parabolic bull run yet in this year, despite almost a month since halving, Bitcoin ranges between $60K -$72K. Is it possible the halving flow has changed? Or is the increase in meme coins disrupting the Bitcoins rhythm. This recent change has investors worried with mixed reactions. Some predict that for the next few weeks/ months the currency could go lower. Alternatively, some claim the bottom is in and it's up only from here. Their jury is that below $60K the mining rates become unsustainable for miners hence can't go below that. The current bearishness could be just a slight pullback. Or it could be a summer winter. After all, most traders agree the summer season doesn't offer good trading opportunities. It's also possible this is due to sucked out liquidity going to meme coins. Currently, traders and investors are aware that strong meme coins such as FLOKI and Dogecoin influence market movements and too much liquidity injected into them is unhealthy for the overall situation. Therefore, while indeed Bitcoin is painfully slow and confusing at the moment, it'll be back and strong when, once again, the meme coins allure fades. Is FLOKI the New Dog of Memes or just a Fad? As one of the major meme coins on the market, FLOKI had a rally of over 500% since the start of the year. This propelled FLOKI into the top 5 largest meme coins and makes it entirely enticing to investors who are always seeking astronomical gains from the crypto trenches. The current world of alt coins shows that the Meme coins sector is one of the fastest growing and most promising for future investors to reap big for small capital. As such, FLOKI is one of the stronger meme coins in this bull cycle and should be a good investment. Better yet, new meme coins such as Raboo offer the best returns on investment. Is this rally good for Raboo? As a new cryptocurrency going mainnet in a bull cycle, $RABT - is a promising token to capture the hearts of crypto investors as it's everything going well for the current market. Raboo is a play to earn token that is at the intersection of meme coins, AI and social Fi. It's also a utility token as users earn cryptocurrency by interacting with the token. The more one is active and scales through levels, the more they earn. As a community oriented platform, Raboo also offers token merchandise and presale buyers also get to receive customized NFTs. The token's smart contracts are secured by SolidProof - a leading Blockchain security company based in Germany. Its base starting price was $0.003 and continues to grow as current presale price is $0.0042. This is a promising token, with experts projecting an increase almost 250% during pre-sale season. Conclusion In the end, there's no cause to worry over Bitcoin, and we can expect positive returns from the crypto markets. Raboo, as a new token that has raised over $1.5M during their presale, is a good investment that could offer over 100x returns especially for presale buyers. Expert analysts predict that it could surge to over 10,000% once the token launches on major exchanges. You can participate in the Raboo presale here Telegram: https://t.me/RabootokenPortal Twitter: https://twitter.com/Raboo_Official Contact Details Total Media Solutions media@Totalsolutionspr.io
May 28, 2024 05:32 PM Eastern Daylight Time
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News ReleaseTotal Media
Ethereum has been one of the few coins to maintain an impressive bullish performance in recent weeks despite the likes of GameStop experiencing price swings. In the midst of these price movements, Raboo ($RABT) has caught the eye of several investors. This innovative project is currently in its red-hot presale coin phase and is expected to produce 100x in 2024. Read on to find out more: Ethereum on a Rollercoaster Ride: Price Swings Over the previous several days, Ethereum's price has displayed an erratic tendency. Thanks to investor excitement about the upcoming Ethereum 2.0 upgrade and the continued activity in the NFT and DeFi sectors, Ethereum had a fantastic start to the week, breaching beyond the $3,920 barrier. But this impetus turned out to be fleeting. After coming under selling pressure, Ethereum had a drop and fell below $3,800 once more. Due to the $3,900 resistance level holding strong, investors may have been taking profits, or attitude may have changed. There were some positive aspects to the week. Earlier today, Ethereum made another effort at a rally, momentarily hitting $3,900. The possibility for more increase was indicated by this rise, but selling pressure returned. Currently, Ethereum is undergoing a consolidation phase, hovering around the $3,842 mark which is still an impressive 16% increase in the last 30 days. GameStop Token (GME) Price Takes Massive Drip After Brief Spike The price of the GameStop token (GME) has seen a significant decline in recent days, following a brief surge earlier this week. The GameStop token peaked on May 20, 2024, at $0.0064, most likely due to a resurgence of interest in meme stocks. In comparison to its pricing earlier in the month, this resulted in a little increase. Sadly, this encouraging trend fizzled out quickly. The price of the GameStop token started to fall steadily and but has managed to rebound by 9% in only the last day. GameStop is now trading for about $0.004507 as of May 28, a sharp 58% drop from its peak of $0.02 on May 15. For investors looking for a long-term rise, the recent price decline has become a setback. Whether the token can regain its earlier momentum is hard to tell which has pushed investors to focus on other fruitful projects. Investors Flock to Raboo: AI-Backed Meme Coin with 100x Potential While many coins like GameStop seem to be in their bearish phase, analysts are bullish on Raboo with many predicting a staggering 10,000% growth potential. Some experts anticipate a staggering 233% growth during the presale, which has already surpassed $1.4 million. Raboo's ambitious goal is to crack the top 20 cryptocurrencies by market cap, potentially challenging established meme coin giants like Shiba Inu and Dogecoin. The platform also plans exclusive NFTs and merchandise, offering additional revenue streams and exciting opportunities for holders. For those seeking passive income, Raboo will offer staking options with attractive rewards. Currently in its third stage of token presale, Raboo is attracting attention with its unique features. One of the highlights is Rabooscan, an AI tool that scours social media platforms for the hottest memes, ensuring only high-quality content gets promoted. As Bloomberg Intelligence highlights, "the generative AI market is poised to explode, growing to $1.3 trillion over the next 10 years." Raboo is well positioned to capitalize on this burgeoning market. Their roadmap also includes contests where token holders can win rewards for their creative skills with AI-generated memes. The presale price sits at a mere $0.0042 which makes it an attractive entry point for early adopters. Conclusion Only time will tell if Raboo can live up to the hype. However, its innovative blend of AI, SocialFi, and a strong focus on community building sets it apart from the crowd. With its presale price exceeding $1.4 million and a passionate following, Raboo is definitely a project to watch. Its presale has generated a lot of frenzy and hype as several investor remain keen to invest early in this project. You can learn more about the Raboo presale here. Telegram: https://t.me/RabootokenPortal Twitter: https://twitter.com/Raboo_Official Contact Details Total Media Solutions media@Totalsolutionspr.io
May 28, 2024 05:28 PM Eastern Daylight Time
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News ReleaseLIGHTNING MINERALS LTD
Lightning Minerals Ltd (ASX: L1M) managing director Alex Biggs sits down with Jonathan Jackson in the Proactive studio to talk about the completion of due diligence for its transaction to acquire Bengal Mining Pty Ltd. Bengal, through its subsidiary Tigre Mineracao Ltda, holds option agreements over two lithium projects, Caraíbas and Sidrônio, in Brazil’s Lithium Valley district in Minas Gerais. Completion of due diligence is a crucial step towards finalising the proposed acquisition, pending shareholder approval at an Extraordinary General Meeting (EGM) on June 13, 2024. The company is set to start ground reconnaissance by contract geologists at the projects this week. Additionally, Biggs and exploration manager Jarrad Woodland are scheduled for a site visit in early June. The projects are 20 kilometres south of Latin Resources' Colina project in the prolific Lithium Valley. Multiple pegmatites have been identified at Caraíbas, with peak lithium rock chip assay results grading up to 0.53% Li2O. Significant tantalum, rubidium and caesium rock chip assay results have also been noted as positive exploration indicators. Strong aeromagnetic geophysical trends have been observed to correlate with regional mineralised trends. The projects are within the Salinas Formation, which hosts other significant lithium resources in the region. The proposed acquisition is based on resource milestones of 5 million, 10 million and 30 million tonnes, indicating substantial potential at both project and company levels. Biggs will also attend the Lithium Summit 2024 in Belo Horizonte. Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com
May 28, 2024 02:30 PM Eastern Daylight Time
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News ReleaseAnzen Finance
Anzen Finance, the decentralized platform creating USDz, a digital dollar backed by Real World Assets (RWA), has raised $4 million in seed funding. This investment round, led by top-tier investors including Mechanism Capital, Circle Ventures, Frax, Arca, Infinity Ventures, Cherubic Ventures, Palm Drive Ventures, M31 Capital, Kraynos Capital, and several other prominent backers, marks a significant milestone in Anzen's mission to integrate Real World Assets (RWA) into the DeFi ecosystem. The fresh capital will accelerate Anzen's development of its protocol and the expansion of its product offerings. By leveraging RWAs, Anzen aims to create a sustainable yield ecosystem, establishing a much-needed connection to high-quality assets within the real economy. This innovative approach is set to bring stability and new use cases to DeFi, unlocking a multi-trillion-dollar market opportunity. “This infusion of capital from such a stellar line-up of backers is a huge vote of confidence in Anzen’s vision for seamlessly integrating the real economy with the DeFi ecosystem and creating opportunities for users to diversify their portfolios while earning sustainable staking rewards,” said Anzen Finance founder Ben Shyong. Anzen’s protocol, live on Ethereum and Base, allows users to mint USDz, a digital token backed by a diversified portfolio of private credit assets. These assets, sourced from qualified and KYC-compliant investors, are rigorously underwritten to ensure their reliability and value, even amid cryptocurrency market volatility. With the introduction of USDz, Anzen offers a scalable digital dollar that is overcollateralized by cash-flowing RWAs, primarily asset-backed private securities, a major component of the $7 trillion US private credit market. USDz is backed by 1 USD or more worth of on-chain RWA collateral at all times. It’s freely traded on decentralized exchanges, where it can be swapped for stablecoins like USDT or USDC. This token is permissionless, composable, and can be staked for rewards across various DeFi protocols. By using tokens backed by real collateral, users can diversify their portfolios and mitigate the risks of unbacked crypto tokens. Anzen Finance is poised to bridge the gap between traditional finance and decentralized finance, bringing together the best of both worlds. About Anzen Finance Anzen Finance bridges traditional finance and DeFi with its innovative products. Its latest offering, USDz, is a stablecoin backed by a diversified portfolio of rigorously underwritten private credit assets. Anzen collaborates with experienced credit experts and deploys capital alongside institutional investors to generate sustainable income streams that support staking rewards for USDz holders. This approach aims to provide stability, consistency, and mitigation of market volatility. Committed to transparency and reliability, Anzen Finance makes high-quality, asset-backed stablecoins widely accessible. Contact Details Colin Landers colin@energentmedia.com Company Website https://anzen.finance/
May 28, 2024 02:20 PM Eastern Daylight Time
News ReleaseOcean Power Technologies Inc
Ocean Power Technologies CEO Philipp Stratmann joined Steve Darling from Proactive to reveal the company has completed a major contractual milestone and concluded operation of several simultaneously deployed WAM-Vs for a Department of the US Government. This milestone enables immediate revenue recognition. This demonstration was conducted with a department of the US government, although specific details were not disclosed due to security reasons. Stratmann emphasised the importance of such practical demonstrations to validate the company's claims and capabilities to both current and potential future customers. Significant planning and operational coordination were involved, including collaboration with subcontractors and the execution of field operations to meet customer requirements. This milestone builds on other recent multi-system deliveries and contract awards. This completion, the company says, is a testament to the utility of its unmanned surface vehicles and the skills of our operators. OPT is now looking forward to future operations and generating incremental value for our customers and shareholders. Contact Details Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com
May 28, 2024 01:55 PM Eastern Daylight Time
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News ReleaseNorthstar Gold Corp.
Northstar Gold Corp's CEO, Brian Fowler joined Steve Darling from Proactive to announce the signing of a Letter of Intent with vendors for the 64-hectare Philip Property. This property is adjacent and southeast of Northstar’s Miller Copper-Gold Property along the historic Boston Creek Copper Trend. Fowler explained that the Philip Property LOI strengthens Northstar’s strategy to consolidate the Boston Creek Copper Trend and complements the previously signed Boston Creek Mines Property LOI. Both LOIs include a six-month exclusivity period for due diligence and negotiation of acquisition terms. The Philip Property is crucial to Northstar’s exploration strategy for the Boston Creek Copper Trend. It will allow the company to ground truth and drill test the Zone 2 Extension Conductor up to, and beyond, the Philip Property boundary. Northstar plans to drill test the Zone 2 Extension Conductor later this summer. Contact Details Proactive Canada +1 604-688-8158 na-editorial@proactiveinvestors.com
May 28, 2024 12:44 PM Eastern Daylight Time
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