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Sara Wingate Bako Honored by University of South Carolina College of HRSM with 2022 Distinguished Alumni and Friends of the College Award

YourUpdateTV

Sara Wingate Bako earned her degree in retailing from the University of South Carolina in 2004. Today she serves as president of London Times, a division of Maggy London Group. Four University of South Carolina alumni have been recognized by the College of Hospitality, Retail and Sport Management for their leadership and accomplishments in their field. The College of HRSM Distinguished Alumni and Friends of the College Awards are presented annually and celebrate industry professionals, organizations and friends of the college who are making an impact on the industry or who are helping to advance the College of HRSM’s education excellence. Congratulations to Sara Wingate Bako, 2022 College of HRSM Distinguished Alumni and Friends of the College award winner. Sara Wingate Bako earned her degree in retailing from the University of South Carolina in 2004. Today she serves as president of London Times, a division of Maggy London Group – a women’s designer apparel brand specializing in dresses. Throughout her distinguished career, Bako has remained engaged with her alma mater – providing mentorship and career development opportunities for students and serving on the Industry Advisory Board for the Department of Retailing. Career Highlights Prior to joining Maggy London in 2022, Bako spearheaded the launch and oversaw management of three brands; Cupio, Cupio Blush, and Adyson Parker. Bako has held numerous executive positions with companies such as Takeout Inc., HMS Productions, and NYC Alliance. Her retailing career started in 2005 in the executive training program with Macy’s where she went on to become a buyer before moving to New York City to pursue wholesale and merchandising. She is a member of two exclusive leadership groups, Chief and the Women in Retail Leadership Circle. HRSM Distinguished Friend of the College Award: Contemporary Services Corporation Established in 1967, Contemporary Services Corporation, CSC is the world leader in crowd management and event security. CSC’s esteemed clientele base includes more than 180 stadiums, arenas, and theaters, over 110 universities and scholastic institutions, nearly 50 convention centers, and numerous clients within the professional ranks of MLB, MLS, NBA, NFL, NHL, and NASCAR. CSC has also provided services for the world’s most prestigious special events, including Collegiate Bowl Games, NCAA Final Four Tournaments, Ryder Cup, Presidents Cup, Kentucky Derby, 32 Super Bowls, 10 Olympic Games, 5 Presidential Inaugurations, 4 Papal Visits, and 2 FIFA World Cups. CSC operates 49 branch locations throughout the United States and Canada and has a long-standing partnership with the University of South Carolina. Numerous South Carolina graduates are currently working in various managerial positions with CSC. CSC provides South Carolina students with unique opportunities to gain event experience at the largest sporting events, including the Super Bowl, MLB All-Star Events, PGA Championship, Ryder Cup, Players Championship, Presidents Cup, Kentucky Derby and many more. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

December 01, 2022 11:00 AM Eastern Standard Time

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WagerWire and Wagr Partner to Bring Community and User Experience to the Forefront of Sports Betting

WagerWire

WagerWire, an innovative marketplace for buying and selling active sports bets, and Wagr, an exciting venture-backed sports betting platform initially launched in Tennessee, today announced their partnership. Both companies have a social-centric ethos and will collaborate on building community and providing a differentiated and engaging user experience. WagerWire and Wagr each closed noteworthy investment rounds in 2022. Wagr completed a $12M Series A round with backing from the Kraft Group, owners of the New England Patriots and Revolution, and Harris Blitzer Sports & Entertainment, owners of the Philadelphia 76ers and New Jersey Devils, among others. WagerWire completed its seed round, backed by investors including Miami Marlins co-owner, Roger Ehrenberg, NBA All-Star Richard Jefferson, and SimpleBet & Betr founder Joey Levy’s 305 Ventures, among others. “While we’re building the greatest next-generation online betting experience, we’ve been fostering an active and engaged community focused on developing smarter and more empowered bettors,” said WagerWire CEO Zach Doctor. “Wagr represents an ideal operator to partner with, as we’re able to unify our core value propositions: building the ultimate bettor experience through innovative technology, fostering high levels of social media engagement with the development of hyper-relevant communities, and empowering bettor education.” WagerWire recently released the first installment in a series of findings from a study it completed in August 2022 detailing the behaviors and sentiments of bettors and would-be bettors alike. The data revealed 43 percent of non-bettors “don’t feel like they know enough about sports betting” and 41 percent of non-bettors “don't know enough about how to bet online.” These findings underline the importance of betting education within the engaged communities of both WagerWire and Wagr. “The energy of Tennessee sports fans is electric,” said Wagr’s Co-Founder and COO Eliana Eskinazi. “As a local operator, we’re focused on harnessing that energy via digital and in-person experiences, and ultimately providing our players and our community with a best-in-class experience. We’re excited to combine forces with WagerWire’s highly engaged online community to grow our footprint in Tennessee and beyond.” For more information on WagerWire and to sign-up for early access visit Wagerwire.com, and join the community on Twitter @WagerWire. Follow Wagr @withWagr on Twitter, Instagram, and TikTok. About WagerWire WagerWire is the next evolution of sports betting. Its marketplace allows bettors to utilize a continuum of proven methods to manage their bets as a growing portfolio of investments. Bettors can buy and sell bets with other users through the WagerWire marketplace or within partners’ sports betting apps. Seamless real-time tracking shows bettors the value of their bets and allows them to bet like investors. About Wagr Wagr is a sportsbook licensed in Tennessee with a mission to reinvent sports betting into a fun, social and inclusive experience. Founders Mario Malavé and Eliana Eskinazi created Wagr in April 2020 out of a mutual love for sports and friendly competition. Contact Details Bailey Irelan birelan@hotpaperlantern.com Company Website https://www.wagerwire.com/

December 01, 2022 09:01 AM Eastern Standard Time

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HIBBETT BOARD OF DIRECTORS NAMED TOP 20 FINALIST FOR 2022 NACD DIVERSITY, EQUITY & INCLUSION AWARDS

Hibbett, Inc.

Hibbett, Inc. announced today that their Board of Directors is one of four finalists in the category of public company small cap 2022 for the NACD Diversity, Equity & Inclusion Awards. The awards recognize boards that have improved their governance and created long-term value for stakeholders by implementing forward-thinking diversity, equity, and inclusion (DE&I) practices. “We are honored and grateful to receive this recognition from NACD amongst such an impressive group of fellow finalists,” said Tony Crudele, Chairman of the Board, Hibbett, Inc. “Our team believes that leading with inclusiveness is critical at all levels to cultivate an authentic representation of our communities and to create a competitive advantage. In building the team, our approach is simple; hire the most qualified candidate that brings a unique skill set and perspective.” “Hibbett has worked to achieve great strides in creating an equitable boardroom,” said NACD president and CEO Peter Gleason. “NACD is proud to honor Hibbett for advancing DE&I in their boardroom and throughout their organization." Hibbett has strategically repositioned the company while prioritizing diversification of the Board. Since 2018, Hibbett, Inc. has undergone a significant transformation of its Management and Board of Directors composition. The company is currently represented by a Board of Directors with 80% who self-identify as diverse. Hibbett’s Board sets the tone for the inclusive culture of ​the company. Hibbett has taken important steps to integrate DE&I into many aspects of the company to positively impact both associates and customers including: Creation of Hibbett MVPs – Mission-Vision-Position Principles to celebrate individuality and self-expression Implementation of Human Capital Management System (HCM) to impact diversity of employees and leaders, increase employee engagement and prioritize pay equity Creation of “ Ignite ”-our employee resource group to empower emerging female leaders Recruiting at Historically Black Colleges and Universities (HBCUs) Sole School® community giveback programs to support underserved schools and athletic programs Support Her Sole™ program to highlight successful women in sports and business and support millennial and Gen Z women Celebrating Heritage Months and Identity Recognitions Winners will be announced at the NACD DE&I Awards Gala at Gotham Hall in New York City on Wednesday, December 7, 2022. Visit the NACD DE&I Awards site to learn more about the gala and sponsorship opportunities. For more information on NACD’s commitment to the advancement of DE&I at the board level, and for further insights, trends, and perspectives on this issue, please visit the NACD Center for Inclusive Governance™ and the NACD Diversity, Equity & Inclusion Resource Center. About Hibbett, Inc. Hibbett, headquartered in Birmingham, Alabama, is a leading athletic-inspired fashion retailer with 1,117 Hibbett and City Gear specialty stores, located in 36 states nationwide. Hibbett has a rich history of convenient locations, personalized customer service and access to coveted footwear, apparel and equipment from top brands like Nike, Jordan, and adidas. Consumers can browse styles, find new releases, shop looks and make purchases online or in their nearest store by visiting www.hibbett.com. Follow us @hibbettsports and @citygear on Facebook, Instagram and Twitter. About NACD The National Association of Corporate Directors (NACD) is the premier membership organization for board directors who want to expand their knowledge, grow their network, and maximize their potential. As the unmatched authority in corporate governance, NACD sets the standards of excellence through its research and community-driven director education, programming, and publications. Directors trust NACD to arm them with the relevant insights to make high-quality decisions on the most pressing and strategic issues facing their businesses today. NACD also prepares leaders to meet tomorrow’s biggest challenges. The NACD Directorship Certification® is the leading director credential in the United States. It sets a new standard for director education, positions directors to meet boardroom challenges, and includes an ongoing education requirement that prepares directors for what is next. With an ever-expanding community of more than 23,000 members and a nationwide chapter network, our impact is both local and global. NACD members are driven by a common purpose: to be trusted catalysts of economic opportunity and positive change—in business and in the communities we serve. To learn more about NACD, visit www.nacdonline.org. Contact Details Wendy Yellin pr@hibbett.com NACD Shannon Bernauer sbernauer@nacdonline.org Company Website https://www.Hibbett.com

December 01, 2022 09:00 AM Eastern Standard Time

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Holiday Gadget Guide

News Media Group, Inc.

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

December 01, 2022 06:00 AM Eastern Standard Time

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Crowdfunding 2.0 May Attract Larger, More Profitable Companies

ACFN Franchised Inc.

In April 2012, President Barack Obama signed the JOBS Act (Jumpstart Our Business Startups), also known as “the crowdfunding bill,” into law. The JOBS Act aimed to lessen regulatory burdens on small businesses and legalized equity crowdfunding, including removing the ban on a general solicitation that prevented entrepreneurs from publicizing that they were raising money. In practical terms, the JOBS act allowed businesses and investors to connect earlier in the development cycle enabling private investors to gain benefits previously reserved only for wealthy investors and Venture Capitalists (“VCs”). The initial bill imposed a maximum of $1,070,000 on the amount raised. Indiegogo and Kickstarter developed as two of the most popular crowdfunding platforms where entrepreneurs, startups and people with creative projects could raise capital to fund development. This appealed to a particular sector of business development but left out a lot of larger, more profitable quality businesses with larger capital needs. Crowdfunding 2.0 – building on the initial success of Crowdfunding and to expand the addressable market that can benefit from this relatively new method of raising capital, on November 2, 2020, the Securities and Exchange Commissions (“SEC”) announced new rules for equity Crowdfunding. Those new rules went into effect on March 15th, 2021. Key Takeaways: Regulation Crowdfunding annual limits increased from ~$1 million to $5 million Some other improvements made it easier to raise via equity crowdfunding Crowdfunding Market to Grow by USD 196.36 Billion during 2021-2025 With these new rules in place, will equity crowdfunding finally live up to its promise of disrupting early-stage financing? With the higher limit of $5,000,000, some companies like ACFN Franchised Inc. (“ACFN”) took note and are taking action. Crowdfunding platform Republic is one of the largest and most successful SEC-approved platforms facilitating Crowdfunding offerings with more than $1 Billion raised. ACFN decided to conduct its Crowdfunding campaign on Republic “They seemed very organized and had a corporate approach to the process that was a good fit for ACFN,” said Jeffrey D. Kerr, Founder and CEO of ACFN. “They have a due diligence process that both limits and qualifies the offerings on their platform resulting in higher quality offerings for their community of investors,” said Mr. Kerr. With audited financials reflecting revenue of $12,225,000 and a net profit of $613,000 in 2021, ACFN is a larger, more profitable company compared to the typical company raising capital with Crowdfunding. “We had no interest in Crowdfunding when the limit was only $1,070,000. There are simpler and quicker ways to raise capital at that rate as we did when we raised $2.25 million to help fund acquisitions in 2018 and then again in 2020,” said Jeffrey D. Kerr, Founder and CEO of ACFN. “When the limit was increased to $5 million, that was a game changer for ACFN and other companies like us,” said Mr. Kerr, that expects other larger, more profitable companies to enter the space as platforms and other support systems and services continue to develop. Of the 102 live opportunities listed on Republic, as of November 21 st, 2022 ACFN is the largest company by annual revenue and the only company with annual revenue above $10 million with ACFN revenue in the most recent 12 months reaching $14.5 million. “We are Crowdfunding to raise capital for current and specific acquisitions opportunities that will grow revenue substantially and profits exponentially,” said Jeffrey D. Kerr Founder and CEO of ACFN. “Crowdfunding is a great way for good companies with real growth opportunities to connect with investors directly, creating the opportunity for greater returns,” said Mr. Kerr. Both Founders and Investors are embracing Crowdfunding and billions of dollars have already been raised through SEC approval and regulated portals. Crowdfunding is connecting investors and companies directly and earlier in the growth cycle, creating mutually beneficial opportunities. Learn more about ACFN and other Crowdfunding opportunities on Republic Founded in 1996 and franchised in 2003, ACFN Franchised Inc. (“ACFN”) provides services to 2,700+ businesses in 46 states in collaboration with our network of 220+ franchise owners.Since inception, ACFN has provided a cumulative $5,000,000,000 of spending power to support and increase sales for our partner businesses. In just the last 12 months a total of $367,566,000 was dispensed through our network, generating more than $14,500,000 in fee revenue for ACFN. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Jeffrey Kerr Investor-Relations@acfn-solutions.com Company Website https://acfn-solutions.com/

November 30, 2022 08:00 AM Eastern Standard Time

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CORRECTION: Expansion of Pipeline to Mental Health

The Chicago School of Professional Psychology

Nearly half of U.S. psychologists in a new survey say they cannot meet the growing demand for services and three-quarters say they have longer waiting lists than before the pandemic. “This new survey confirms what we have already heard from patients: people are having a hard time accessing the mental health services they need,” said Dr. Michele Nealon, Psy.D., President of The Chicago School of Professional Psychology. “It is critical now more than ever to expand the pipeline for mental health professionals and promote integrated behavioral health into primary care.” The 2022 COVID-19 Practitioner Impact Survey of almost 2,300 psychologists by the American Psychological Association found that demand for treatment of anxiety and depression remained high for the third consecutive year, along with increased demand for treatment of stressor-related disorders, and substance use disorders. Six in 10 practitioners said they had no more openings for new patients, nearly half (46%) said they had been unable to meet treatment demand and nearly three quarters (72%) have longer waiting lists than before the pandemic. On average, psychologists reported being contacted by more than 15 potential new patients seeking care per month. Nearly eight in 10 psychologists (79%) said they had seen an increase in the number of patients with anxiety disorders since the start of the pandemic, and 66% had seen an increase in the demand for treatment for depression. Almost half (47%) said they had seen an increase in demand for substance use treatment (compared to 43% last year) and 64% had seen an increase in demand for trauma treatment (compared to 62% last year). 2021). Additionally, two-thirds of psychologists reported seeing an increase in symptom severity among patients in 2022. “The social, emotional, and economic effects of a pandemic are still with us and will be for quite some time. In addition, the stressors associated with inflation, social and racial inequities, political upheaval, and international tensions are creating an unsettled nation. At a time when mental health services are needed the most, we are struggling the most to meet those needs,” said Dr. Nealon. “Policy makers have to make a bigger investment in financial and programmatic support to ensure that everyone who seeks psychological services can find a professional who can understand and help them.” The Chicago School of Professional Psychology is a non-profit majority minority institution, educating 6,000 students at seven campuses in major metro areas around the national. Two of three identify as students of color, including a significant number of first-generation college students. About The Chicago School of Professional Psychology: Integrating theory with hands-on experience, The Chicago School of Professional Psychology provides education rooted in a commitment to innovation, service, and community for thousands of diverse students across the United States and globally. Founded in 1979, the nonprofit, regionally accredited university now features campuses in iconic locations across the country (Chicago, Southern California, Washington, D.C., New Orleans, Dallas) and online. To spark positive change in the world where it matters most, The Chicago School has continued to expand its educational offerings beyond the field of psychology to offer more than 30 degrees and certificates in the professional fields of health services, education, counseling, business, and more. Through its engaged professional model of education, commitment to diversity and inclusion, and an extensive network of domestic and international professional partnerships, The Chicago School’s students receive real-world training opportunities that reflect their future careers. The Chicago School is proud to be a part of TCS Education System, a nonprofit, integrated system of colleges and universities that works collaboratively to advance student success and community impact. To learn more, visit www.thechicagoschool.edu. Contact Details Vivien Hao +1 323-893-4743 vhao@thechicagoschool.edu

November 29, 2022 06:18 PM Eastern Standard Time

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Minebase Web3 Reaches 800,000 Users Within Two Months of Official Launch

Minebase

Minebase, the energy-efficient algorithmically managed blockchain, has announced that it reached 800,000 users in just two months after its official launch. Minebase started in 2017 with the aim of creating a coin backed by gold. But with 2018's new stablecoin regulations, the project could not continue. As an entrepreneur, Dr. Seiz set out to create a token like Bitcoin with an algorithm that won't massively pollute the environment. With its unique Creative Token Production (CTP) algorithm, the tokens are released into circulation through transaction fees that existing blockchains already generate. The protocol has received extraordinary growth throughout its first month of operations and is set to celebrate it with a blockchain-wide competition where participants can win up to 10,000USDT by completing simple tasks. About $MBASE and CTP The Minebase Token ($MBASE) is an ERC20 token released into circulation through Creative Token Production (CTP), an energy-efficient algorithm that controls the token supply and floor price. The smart contract controls the algorithm to adjust the token price based on the crypto market's behaviour. Minebase releases new MBASE tokens from the transaction fees its users generate. Blockchains like Bitcoin use the proof-of-work algorithm that consumes much energy to mine cryptocurrencies. Minebase aims to change this with the in-house developed CTP algorithm. The algorithm makes it possible to generate $MBASE tokens through the transaction fees on Bitcoin, Ethereum, and the top 20 decentralized exchanges. MBASE mining does not require expensive hardware equipment and has zero power consumption compared to Bitcoin. Minebase has demystified the concept of crypto mining, and users can earn $MBASE tokens with a smartphone or computer. Users need to create a Minebase account and wallet address. Then, all the fees used to trade on supported blockchains will be deposited in the wallet address and can be used to create $MBASE. In addition to generating $MBASE through transaction fees, CTP will also allow users to generate $MBASE through walking. Users need to walk 6 kilometres with their smartphones to generate one $MBASE token. Also, the speed of Minebase token generation depends on how fast they are walking. The mobile application is set to launch in the third quarter of 2023. Users can also earn $MBASE tokens by staking a principal. However, the total supply of Minebase tokens is fully controlled by CTP, and the Minebase team can not alter it. So, users need not worry about oversupply and a lack of demand in the market. About Minebase This is the beginning of a new crypto era that requires a new revolutionary cryptocurrency. Minebase was founded as an ecosystem of tools, applications, games, and utilities that add to the world of crypto and make it more vibrant. Minebase combines the expertise of tool development, application development, crypto, and NFT games. This is an area where a few possess the skill combination that Minebase has. In addition, Minebase's energy-efficient cryptocurrency is immune to external factors like market demand and supply. Useful Links Website: minebase.com CTP: https://minebase.com/creating/what-is-ctp/ Register: https://app.minebase.io/login Twitter: https://twitter.com/MineBase_io LinkedIn: https://www.linkedin.com/company/minebase-io/ Contact Details Minebase Nelli Toboc contact@minebase.com Company Website https://minebase.com/

November 29, 2022 01:02 PM Eastern Standard Time

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Dolia Cats NFT Metaverse is Set for the Leaderboard

Dolia Cats

The hotly anticipated Dolia Cats NFT metaverse is in the final phase of deployment ahead of its multichain launch in a couple of days. The metaverse will be followed by the second iteration of the Dolia Cats Original NFT collection, first release Dolia Cats Genesis collection of which, sold out in less than 24 hours and granted its owners access to DAO. Each Dolia Cats NFT will give its holder the ability to enter the Meowverse where the community can enjoy play2earn games, DeFi tokenomics, showcase art, upgrade their NFTs in order to boost their value, and donate their spare MEELK tokens to real-world cat charities. Exactly 9,999 Dolia Cats NFTs will be available to mint shortly after the metaverse launch, each one programmatically generated from a pool of more than 150 assets spread out of 7 traits during the minting process. Not content with simply launching a one-of-a-kind metaverse, the Dolia Cats ecosystem will incorporate games, a decentralised finance platform, a charity, and Instagram AR effects that will allow you to bring your Dolia Cats NFT to life. The Dolia Cats NFT Backstory Renowned artist Daniil Dolia has a penchant for cats, and has 11 cats himself, all of which were rescued from the streets. His clowder gave him the idea to help millions of cats all around the world by creating and selling the Dolia Cats NFT collection. A portion of all revenue from the mint will be donated to cat shelters all around the world. The rest was dedicated to the final stages of the Meowverse metaverse development. In the Meowverse, the Dolia Cats NFT affectionate name for its metaverse, the community will be able to live a fully-fledged cat life and play games that are merged from an already successful Meowrush series, supported by the NEAR Foundation. It is important to note that Meorush is already a AAA multiplayer PVP game, powered by NEAR Protocol, and will play an integral part of the Meowverse metaverse. Talking about the community, it sits at the heart of the project. In fact, it is set to become the most inclusive community out there, where NFT owners and metaverse players are like one. When the metaverse goes live, early birds will be able to mint a grand total of 9,999 Dolia Cats Original NFTs, each one being totally unique and stored on the Ethereum blockchain. This highly anticipated NFT drop is expected to sell out in record time, and with an OpenSea listing secured, it’s expected that there will be significant aftermarket trade volume as well. MEELK Tokenomilks Explained Tokenomics are a core part of all metaverse projects, and the Meowverse is no exception to the rule. The Meowverse employs advanced tokenomilks to reward Dolia Cats NFT holders for their time in the virtual world, acting as a unique decentralised financial system with different reward programs for Dolia Cats holders. Players will be able to earn MEELK by taking part in a variety of play2earn games, from drops, selling or renting land, and special competitions inside the Meowverse. MEELK can then be used to purchase or rent land, upgrade NFTs with new attributes, and donate to real-world charities. MEELK is the lifeblood of the Meowverse, and without it the Meowverse wouldn’t be able to operate. Dolia Cats Goes Multichain! The Dolia Cats NFT Meowverse will be going live multichain in the coming days. The collection that is tied to its launch, will sell out incredibly fast, so making sure you’re all prepared nice and early, will give you the biggest chance of success when it comes to minting a Dolia Cats NFT. Of course, if you miss out on the mint, you’ll be able to buy from secondary NFT marketplaces such as OpenSea once the mint is complete. The Meowverse, play-to-earn games, 3D-printed cats, and Instagram AR effects will deploy at various intervals once the minting process has been completed. Out of the whole package, the metaverse is set to be the first to go live, with the other additions coming shortly after. About Dolia Cats Original Dolia Cats Original NFT collection is 9,999 programmatically generated cat-themed NFTs on the Ethereum blockchain. The collection was formed at random from a pool of more than 150 assets spread out over 7 trait categories. Profits from the mint and Meowverse are set to be donated to cat-focused charities from around the globe. The Meowverse serves as the pinnacle of the Dolia Cats roadmap and will provide utility to the Dolia Cat NFTs, injecting meaning that is often lacking in other NFT projects. Overall, Dolia Cats is on track to take over the NFT world and give it a depth, previously unachievable by already-established industry members. Useful Links Dolia Cats Ecosystem: https://www.doliacats.xyz/ Original Collection: https://original.doliacats.xyz/ Meowrush: http://meowrush.com/ Genesis Collections: https://opensea.io/collection/doliacatsgenesis Twitter: https://twitter.com/DoliaCats Discord: https://discord.com/invite/RetekYNarD Daniil Dolia’s Twitter: https://twitter.com/doliacat Contact Details Dolia Cats Antony Bekker antony.bekker@doliacats.xyz Company Website https://www.doliacats.xyz/

November 29, 2022 11:00 AM Eastern Standard Time

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Kombucha Town Is Creating Beverages For A Better World — Here’s How To Invest

Real McCoy Tea Company (DBA KombuchaTown)

Interested in investing in Kombucha Town’s campaign? Click here to get started! In 2011, Chris McCoy was met with the devastating news of his mother being diagnosed with Alzheimer's disease. McCoy had learned how to brew kombucha while studying environmental science at university, and in his small homemade tap room, he initially started brewing to spend more time with his mom. The two started brewing together and selling in local farmers markets. Kombucha is a fermented tea beverage that, when done right, has amazing health benefits. It’s made by adding a symbiotic colony of good bacteria and yeast to sweetened tea. The culture feeds on the sugars during fermentation, which produces alcohol and amino acids. This process is what produces so many health benefits. Kombucha is beneficial to digestion, and the amino acids can help to detoxify the liver. Kombucha also boasts antioxidants to protect the body and support the immune system. Overall, kombucha is a perfect drink to help lead a happier and more balanced life. While McCoy was brewing kombucha for the people in his life, he learned that the health industry may not be as healthy as we are led to believe. The beverage industry is wrought with sugary drinks and artificial ingredients. This is even true for the “functional beverage” industry, which is intended to focus on healthy options for consumers. Despite the demand for healthy drinks and the growing interest in the wellness industry, functional beverages often fall under two umbrellas: unhealthy and toxic or healthy and poor taste. With that knowledge, McCoy embarked on a mission to create a functional beverage company that offers truly healthy drinks that taste good and are environmentally friendly. Out of this mission came Kombucha Town. Kombucha Town debuted its first kombucha product in 2011 and since then has expanded its product line to include kombucha, balanced energy drinks, seltzer and a sports drink line. Each product is designed to maximize health benefits and intended to provide customers with functional beverages that actually work. Kombucha Town is also dedicated to helping the environment. It was the first kombucha brewery to package products in a 16-ounce aluminum can. This packaging is recyclable, lightweight and space efficient – helping cut down on distribution waste. The cans are also U.S.-made. The facility is 100% offset by renewable energy through Puget Sound Energy. Kombucha Town also has a partnership with One Tree Planted — when the company has held investment raises, One Tree Planted has planted trees corresponding with different raise amounts. Ready To Take Off? Like many companies, Kombucha Town struggled during the pandemic. Prior to COVID, Kombucha Town had grown from distribution in three states to 30 and brought in $1.2 million in revenue in 2019. But the company lost 75% of its revenue within the first month of the pandemic. Today, Kombucha Town reports flourishing and becoming a pioneering company in the kombucha space with its canned kombucha. Kombucha Town is sold in over 1,200 stores nationally. It is available in Whole Foods, Natural Grocers, Safeway/Albertsons, Sprouts and other chains. In 2021, the company had over $555,000 in sales. In 2022 Kombucha Town has sold over $850,000 and is on track to surpass pre covid numbers in 2023 and do it profitably. The company is currently holding a crowdfunding raise on Republic to help with its expanded growth. McCoy is hopeful that Kombucha Town will continue to grow into even more of a leader in the functional beverage space. The company is forecasting a return to pre-COVID sales in 2022 and expects to keep growing from there. Click here to read more about Kombucha Town’s raise and how to invest. Founder & CEO Chris McCoy brewed his first kombucha in 2007 while studying Environmental Science and Economics in college. He founded Kombucha Town in 2011 to support his mother with early onset Alzheimer’s. Now he is on a mission to disrupt the toxic food system and repair environmental damage done by large manufacturers. Kombucha Town’s mission is to enable healthy and active lifestyles. We believe in being good for and good for the planet by being fair trade and organic certified. Kombucha Town is based out of Bellingham Washington where we do all our manufacturing with the natural ingredients to bring you healthy and delicious beverages. Kombucha Town is focused on doing business a better way by better good for consumers and good for the planet. We embody environmentalism in our partnership and certification such as 1% for the planet and 1 tree planted. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Chris McCoy Chris@KombuchaTown.com

November 29, 2022 09:20 AM Eastern Standard Time

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