News Hub | News Direct

All Industries


Article thumbnail News Release

Minuteman Press Franchise in Londonderry, NH Wins Business of the Year

Minuteman Press International Inc

For over 8 years and counting, Bob Bean has been the proud owner of the Minuteman Press franchise in Londonderry, New Hampshire located at 44 Nashua Road, Unit 18. When Bob purchased the business in October of 2015, he followed the Minuteman Press system and immediately became involved with several community groups and organizations. Thanks to Bob’s hard work and dedication, Minuteman Press in Londonderry has won the Business of the Year award from the Greater Derry Londonderry Chamber of Commerce. Bob accepted the award at the special awards dinner that was held on Oct. 12, 2023 at the Tupelo Music Hall in Derry NH. Bob shares his humble reaction to winning the award and provides his insights on the importance of being an active member of local groups in order to build relationships and generate referrals. He also talks about his journey to Minuteman Press and how his passion for helping others drives him today. What does it mean to you to win Business of the Year? H ow are you active in your community? Bob Bean: “Receiving the Business of the Year is a humbling experience. It was a surprise, I did not know that we had made such an impact in the Chamber and business community for this recognition. We have just tried to provide services to the businesses and the community to the best of our ability. It is great to be recognized and know that we are doing a good job with in the communities that we serve. I am involved in two local Chambers, member of the Rotary Club of Londonderry, and have been an active member in BNI for 8 years. I have made many connections with a lot of the non-profits in the area and work with them to help with their needs and support their functions. With the local rotary we have sponsored Christmas on the Commons, Senior High School Graduation Banners have donated to many non-profits and helped with fuel assistance during the winter months. I am also involved with the Freemasons in the state.” How would you best describe your community? Bob Bean: “ The Derry/Londonderry community are the largest two towns that are in the chamber and we have several smaller towns in the chamber also. New Hampshire does not have a lot of large metropolitan areas; it is made up more of small towns that are convenient to bordering states. Other than small businesses and small business owners, the majority of the communities are made up of people that work out of state. The people and businesses in the community are open and always look for ways to help each other when possible. As business owners, we all want to support each other and do what we can to see that we can grow and thrive.” What are some of the key ways you’ve grown your business? Bob Bean: “Networking is the key that has worked for us. Since 2015, I have been a member of the chamber and of BNI. I have always been very active in the networking area by going to meetings, ribbon-cuttings, events, and visiting businesses. We took advantage of the upgraded minuteman.com website to get some traffic through online channels. One of the other biggest ways we’ve built the business is through referrals from our customers and the organizations we work with.” What are your high-demand products and services? Bob Bean: “We have been able to provide direct mail services for many of our clients; this has been a big part of the business over the last few years especially during the pandemic. We also do a lot of marketing catalogs and Playbills for several theater groups and music groups.” What was your previous background? Why did you choose Minuteman Press? Bob Bean: “I was in the computer industry for almost 40 years. Most of my career was in management both in manufacturing and support. I was a Field Service Representative for a computer company for many years. Then, for 20 years, I was a Technical Support Manager for a supermarket chain. I chose Minuteman Press because of the research I did on the company and talking to the Regional Vice President and several store owners.” What has the support from Minuteman Press been like for you? Bob Bean: “Minuteman Press International support has been good on all levels. When I have a question, we can usually get an answer quickly. When there is an issue, support has been good at assisting in resolving the issue.” What are the biggest personal and professional rewards of owning your business? Bob Bean: “Personal and professional goals are similar in that I enjoy helping people and organizations. This business has given me the chance to connect with many more people and organizations to be able to help and give my knowledge and experience to them so that they can succeed.” What advice would you give to other business owners right now? Bob Bean: “Get involved with your local Chamber of Commerce and BNI Networking Group. These two are very critical to the growth and success of the business. Also, look into other organizations and groups like the Exchange, Rotary, Kiwanis, or whatever is in your area and local to your business. But do not just join these groups; get involved and be active in what is going on with the groups and be involved in the community. You get out of them what you put into them, so if you are active and visible then you will be the person or business that others will seek out and rely on for help and advice.” For more information on Minuteman Press in Londonderry, NH, visit https://minuteman.com/us/locations/nh/londonderry/ Learn more about #1 rated Minuteman Press franchise opportunities and read Minuteman Press franchise reviews at https://minutemanpressfranchise.com. Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

December 06, 2023 09:10 AM Eastern Standard Time

Image
Article thumbnail News Release

AmeraMex International Receives Orders Totaling $780,000

Ameramex International

AmeraMex International, Inc. (OTC:AMMX), a provider of heavy equipment for logistics companies, infrastructure construction and forestry conservation, announced that it has received equipment orders totaling approximately $780,000. AmeraMex CEO Lee Hamre commented, “This quarter we have closed approximately $4.4 million in equipment order and a $1 million rental agreement. Today’s orders consist of a refurbished Taylor Equipment Forklift with a 36,000-pound lift capacity, 12 new LiuGong Forklifts with a 7,000-pound lift capacity, and a refurbished Taylor Equipment Empty Container Handler. The equipment is shipping to customers from Washington State down through Southern California,” added Hamre. LiuGong Forklift For more information and pricing of equipment for the logistics, construction, and forestry industries, or to book a demonstration of the First Green Industry’s 100 percent electric skid steer loaders, ASV Posti-Tract and Skid Steer Loaders, Menzi Muck Excavators or a Magni Telescopic Handler, contact the AmeraMex/Hamre Equipment sales team at 530.895.8955. About AmeraMex International AmeraMex International sells, leases and rents heavy equipment to companies within multiple industries including construction, logistics, mining, and lumber. AmeraMex, with a US and international customer base, has over 30 years of experience in heavy equipment sales and service. Follow AmeraMex on Twitter @ammx_intl and visit the AmeraMex website, www.AMMX.net or www.hamreequipment.com for additional information and equipment videos. Forward-Looking Statements This press release contains forward-looking statements. All statements other than statements of historical facts included in this press release are forward-looking statements. In some cases, forward-looking statements can be identified by words such as "believe," "expect," "anticipate," "plan," "potential," "continue" or similar expressions. Such forward-looking statements include risks and uncertainties, and there are key factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Investors are encouraged to review the Company’s filings with the Securities and Exchange Commission. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company’s control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company’s current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if added information becomes available in the future. Contact Details McCloud Communications LLC Marty Tullio +1 949-632-1900 marty@mccloudcommunications.com Company Website https://www.ammx.net

December 06, 2023 09:10 AM Eastern Standard Time

Image
Article thumbnail News Release

Personal Injury Attorney, Paul Greenberg Discusses PTSD from Dog Bite Trauma with the Chicago Sun-Times

Prodigy Press Wire

Chicago, Illinois – Briskman Briskman & Greenberg, a leading Chicago personal injury law firm, has been seeking justice for injury victims for over 30 years. Paul Greenberg, a partner at the firm, recently sat down with the Chicago Sun-Times to discuss an overlooked consequence of dog bites: Post-Traumatic Stress Disorder (PTSD). According to the Mayo Clinic, Post-Traumatic Stress Disorder (PTSD) is a mental health condition that’s triggered by a terrifying event — either experiencing it or witnessing it. Symptoms may include flashbacks, nightmares, severe anxiety, and intrusive thoughts about the event that cause significant problems in social or work situations and in relationships. PTSD can also interfere with the individual’s ability to go about their normal daily tasks. The condition may last for months or even years, with triggers that bring back memories of the trauma accompanied by intense emotional and physical reactions. While injuries and disfigurement from a dog bite are visible and immediate, the psychological scars left behind are often downplayed or overlooked. “Victims of dog bites will more often than not develop some post-traumatic stress disorder,” Greenberg explained. “The impact of this trauma can drastically alter the quality of life for victims.” In the article, the Sun-Times highlights the case of Nakia Childs, 48, who experienced acute PTSD after being bitten by a dog in her workplace. Once known as the “dog whisperer”, Nakia’s interaction with dogs is now riddled with fear. With the help of Briskman Briskman & Greenberg, she was able to secure monetary recovery for her dog bite injuries, but the recovery from trauma is a journey that she continues to navigate. Financial recovery can be a complex process, particularly if the dog owner is unknown or uninsured. Unlike car insurance, homeowner’s or renter’s insurance isn’t legally required, which can complicate matters for victims seeking compensation. The attorneys at Briskman Briskman & Greenberg are drawing attention to the silent epidemic of PTSD after dog bites, advocating for victims and ensuring they receive the justice they deserve. Paul Greenberg’s conversation with the Sun-Times not only raises awareness about the psychological scars of dog bites, but also underlines the need for legal support for victims grappling with the after-effects of such experiences. As the conversation around mental health continues to evolve, so too does the legal landscape surrounding personal injury and trauma. The attorneys at Briskman Briskman & Greenberg have successfully represented individuals and families who have been injured or lost loved ones as the result of someone’s carelessness or a workplace accident. We have achieved success in thousands of cases, recovering millions of dollars in damages for our clients in a wide variety of cases, including personal injury, car accidents, wrongful death, medical malpractice, pharmacy errors, dog bite injuries, and work injuries. Briskman Briskman & Greenberg 205 W Randolph St Suite 925 Chicago, IL 60606 (312) 222-0010 https://www.briskmanandbriskman.com/practice-areas/personal-injury/ Press Contact: Paul Greenberg Release ID: 832630

December 06, 2023 09:00 AM Eastern Standard Time

Image
Article thumbnail News Release

HKBU-led research develops novel drug delivery system for Gouteng compound for Alzheimer’s disease treatment

Hong Kong Baptist University

HONG KONG SAR - Media OutReach Newswire - 6 December 2023 - A research team led by Hong Kong Baptist University (HKBU) has developed a novel drug delivery system for Alzheimer's disease (AD). The researchers have engineered exosomes, extracellular vesicles released by cells, to effectively carry the bioactive compound Corynoxine-B extracted from the Chinese herbal medicine Gouteng to the brain of mice with AD. As Corynoxine-B can induce autophagy, a process that maintains the health of cells, this new drug delivery system using exosomes can improve cognitive function and movement while reducing the symptoms of AD. The research findings have been published in the international academic journal Nature-Signal Transduction and Targeted Therapy. Bioactive compound of Gouteng can treat AD AD is the most common type of dementia in which the brain cells degenerate and die, characterised by a build-up of amyloid-beta and phospho-tau protein in the brain, resulting in the decline of the brain's cognitive functions. Currently more than 55 million people worldwide are dementia patients. In Hong Kong more than 100,000 elderly suffer from dementia and the number is anticipated to soar to more than 330,000 by 2039. At present there is no curative treatment for AD. Available treatments can only delay the disease's progression and improve symptoms. HKBU's previous research projects found that Corynoxine-B, a bioactive compound of Gouteng, is effective in treating AD. However, the blood-brain barrier which protects the brain from potentially harmful substances in the bloodstream affects its uptake in brain. Exosomes serve as drug carriers To tackle this problem, a research team comprising Professor Li Min, Associate Dean (Teaching and Learning) of Chinese Medicine, and Dr Ashok Iyaswamy, Research Assistant Professor of the Teaching and Research Division at the School of Chinese Medicine at HKBU, along with other local, mainland and overseas scientists, have developed a novel approach to deliver Corynoxine-B to the brain using exosomes. Exosomes are extracellular vesicles released by cells which can transport molecules between cells like nanocarriers. Recent studies have shown that they could be utilised as vehicles for drug delivery. To examine whether exosomes are effective drug carriers for AD, the researchers manipulated the neuronal cells in mice to overexpress an adaptor protein Fe65 on the surface of exosomes released by these cells. Fe65 is involved in the processing of amyloid-beta precursor protein (APP), which plays a crucial role in the development of AD. By doing so, they observed more exosomes containing Fe65 were released by the neuronal cells. These engineered exosomes showed a good ability to migrate towards the neuronal cells with APP overexpressed in AD models. These findings suggest that the presence of Fe65 on the surface of exosomes enhanced their ability to specifically target and interact with the neuronal cells with elevated levels of APP, which is a characteristic feature of AD. Reduction of accumulated amyloid-beta protein Corynoxine-B is a natural inducer of autophagy which plays a crucial role in maintaining neuronal health. The research team loaded it into the engineered exosomes and injected it to the mice with AD to evaluate its potential as a therapeutic agent for the disease. Results show that engineered exosomes loaded with Corynoxine-B could enhance autophagy in mice, and were able to cross the blood-brain barrier to deliver Corynoxine-B to the brain, resulting in a 30% reduction of accumulated amyloid-beta protein. In addition, various behavioural tests including the rotarod test, open field test, contextual fear conditioning test, and Morris's water maze test conducted on mice with AD showed that the application of engineered exosomes loaded with Corynoxine-B resulted in 25% recovery of the cognitive and locomotor behaviour. Professor Li Min said: "Our study suggests that exosomes could be a promising new way to deliver drugs to the brain and treat AD. More research is needed, but this study provides hope that a cure for AD may be possible in the future. We hope that this research project will ultimately be beneficial to the elderly, individuals at high risk of neurodegeneration and neurodegenerative disease patients." Contact Details Hong Kong Baptist University (HKBU) Christina Wu christinawu@hkbu.edu.hk

December 06, 2023 09:00 AM Eastern Standard Time

Article thumbnail News Release

Green Lantern Solar Wins 2023 Solar Builder Community Solar Project of the Year Award for Innovative Brownfield Project

Green Lantern Solar

Green Lantern Solar, a leading renewable energy development and finance company focusing on commercial solar and energy storage systems, is the recipient of the 2023 Community Solar Project of the Year Award from Solar Builder. This accolade celebrates Green Lantern Solar’s outstanding achievement in completing a ground-mount net-metered community solar project situated on a challenging brownfield site at a former U.S. Air Force Station in St. Albans, Vt. Solar Builder is an industry-leading media outlet that focuses on the installation/construction of solar PV systems, covering the latest PV technology (modules, mounting, inverters, storage, BOS) and equipping installers/contractors with tips and tools to make informed purchasing decisions. Solar Builder’s Project of the Year Awards is a celebration of the solar industry’s achievements and dedication. The awards recognize the hard work of construction teams, the creativity of engineers, the leadership of developers and the commitment of local businesses, government agencies and nonprofits. Green Lantern Solar’s award-winning project, a 500 kW system featuring 1,700 ground-mounted panels, generates 892,000 kWh of clean energy annually, making a significant contribution to the region’s sustainable energy goals. “We are deeply honored to receive the 2023 Solar Builder Community Solar Project of the Year Award for our brownfield project on a former U.S. Air Force Station in Vt.,” said Scott Buckley, president of Green Lantern Solar. “This recognition underscores our unwavering commitment to advancing renewable energy solutions, even in the face of formidable site challenges. Our success is a testament to the dedication of our team and the resilience of our partners and community. We are proud to contribute to Vermont's sustainable future and look forward to continuing our mission of delivering clean energy solutions for a better tomorrow.” Originally scheduled to commence construction in March 2021, the project encountered various challenges, including commissioning delays. Despite these setbacks, Green Lantern Solar rallied its team and local contractors to persevere through a harsh Vermont winter, ensuring the project’s completion within the new timeline. The development of the project was complicated by the presence of contaminants on the brownfield site, necessitating the implementation of a Department of Environmental Conservation-approved soil management strategy. Vegetative management was conducted by hand using chainsaws to prevent any exposure to potentially contaminated soils in sensitive areas. Additionally, the project site, located atop a hill overlooking the city of St. Albans, consisted predominantly of solid rock, requiring drilling through rock for many of the racking posts and fence components. Portions of the site were also ballasted to safeguard the contaminated areas. Despite these formidable challenges, the project successfully met its March commissioning date, providing clean energy savings to the local community, including area farms benefiting from net metering credits. Furthermore, the project plays a pivotal role in helping Vermont achieve its Renewable Energy Standard target of 75 percent renewable energy by 2032. The system’s environmental impact is substantial, offsetting 632 metric tons of carbon dioxide emissions, equivalent to the reduction of 708,099 pounds of coal burned or the energy consumption of 79 homes for one year. “We extend our sincere appreciation to all of our esteemed partners, stakeholders and the dedicated local community for their steadfast support in transforming this award-winning project into a remarkable reality,” added Buckley. “We also congratulate all the nominees and honorees who have distinguished themselves in these prestigious awards.” The following organizations’ unwavering dedication and exceptional efforts were instrumental in the success of this award-winning project: APA Solar; Downs Rachlin Martin; E&S Electric Company; Green Mountain Power; Homestead Fence Company; Jeff Adams Excavating; Krebs & Lansing Consulting Engineers; Megawatt Group; Solar on Earth; Solar Power Engineering; Stone Environmental; Vermont Economic Development Authority and the Vermont Department of Environmental Conservation. About Green Lantern Solar Green Lantern Solar is a vertically integrated regional renewable energy development company with a particular emphasis on turn-key commercial solar solutions for municipal, education, healthcare and government entities. Green Lantern works with landowners to revitalize and re-develop low-value sites such as brownfields, landfills, quarries/pits/extraction sites and other challenging real estate. The company provides a full suite of services: development, financing, construction and operations, maintenance and asset management. For more information, visit www.greenlanternsolar.com on LinkedIn and @GrnLntrnSolar on X (Twitter). Contact Details Wilkinson + Associates Leah Wilkinson +1 703-907-0010 leah@wilkinson.associates Company Website https://www.greenlanternsolar.com/

December 06, 2023 08:48 AM Eastern Standard Time

Image
Article thumbnail News Release

White Party Palm Springs Hits the Desert for its 34th Year with Electrifying New Developments

Full Scope PR

PALM SPRINGS, CA | December 6, 2023 White Party Global (WPG) is proud to announce the return of White Party Palm Springs 2024 for its 34 th year of celebrating the LGBTQ+ community through infectious music and dancing. Occurring March 29 -31 in Palm Springs, CA this iconic weekend attracts thousands of attendees from around the world. This year, the festival is offering earlier dates, exciting new venues, a fresh new Host Hotel, new pricing, and an expansive variety of musical styles sure to satisfy everyone’s musical taste. Get ready to hit the dance floor because this year it’s all about the music! “I spent a lot of time thinking about how to take White Party to the next level for 2024,” says White Party Global Executive Producer, Chris Diamond. “Over the years White Party has continued to evolve, while at the same time maintaining classic elements that have created its legendary status. Beyond a completely reimagined itinerary for the weekend, we curated an eclectic mix of DJs with something to suit everyone’s musical taste. In a year where everything is getting more expensive, we lowered our prices so everyone, especially our younger guests, can come and experience the community spirit, the joy and the music that is White Party! I look forward to seeing you on the dance floor in 2024!” The reimagined Palm Springs event has partnered with The Saguaro Palm Springs hotel for ticket holders where they will also throw their all-new pool party series throughout the weekend. White Party ticket purchasers will have access to hotel rooms featuring spectacular views and upgraded amenities, always making sure they’re only steps away from the weekend’s activities. Start the weekend off with a splash with the AQUA BOY pool party, an all-new event, poolside at the colorful Saguaro Palm Springs. Dance to the unique beats of DJs Jae Fusz and Sharon O’Love. This exciting new pool party series continues Saturday with SOAKIN’ WET! and Sunday with MERMEN! Break out the squirt guns and grab your tails because DJ Corey Craig and Grammy winning Producer/Remixer/DJ Dave Audé and Isis Muretech will heat you up and get you ready to take the plunge into a refreshing musical pool! Pivoting to the first nighttime event of the weekend, White Party Global is excited to announce its partnership with the groundbreaking brand Tom of Finland as together they kick off, ACHROMATICA, a black and white themed night you won’t forget. This sexy night of leather features DJs Mohammad and Nina Flowers and launches you on a fast-paced ride to start the weekend right. A brand-new venue sets the mood as the Margaritaville Resort ballroom is transformed to suit your pleasures. The main event of the weekend returns to the Palm Springs Convention Center like you’ve never seen it before. Prepare for an intimate vibe and sultry dance floor that will transport you to a mystical time and place called SAHARA DESERT NIGHTS. You will enter an enchanted land of riches and exotic décor as you are surrounded by state-of-the-art sound, blazing lasers, and lighting. Dress in traditional white or go all out with Exotic Desert White. Feel the magic all night with DJs TDon, Tomer Maizner and Karsten Sollors. In an homage to the Pharoahs of ancient Egypt, the PHAROAH T-DANCE floor becomes an otherworldly temple as you dance under the protective eye of the Pyramid to state-of-the-art sound, lighting, and videos. The gods are with you as DJs Dan Slater and GSP transport you to another time. Fireworks will dazzle as the night sky darkens and the true magic begins with a backdrop of the Palms Springs mountain range. The weekend culminates in a high-energy closing party with the FORBIDDEN world of DJ Abel at the Margaritaville Resort ballroom. Abel is prepared to take you on a journey all night long and into the wee hours of the morning. Just you, your friends, and the music you love. Additional special guests will be unveiled within the coming months. For all the latest information on the host hotel, weekend pass pricing, and event details, be sure to visit www.whitepartyglobal.com and follow us on social via Instagram and Facebook. White Party Palm Springs 2024 is powered by Ketel One, Wet Platinum, GAY PV, Commando, KGAY, Daiquiri Dick’s…on the beach, HomoCulture, and Crumble Catering. White Party Palm Springs 2024 is the premier destination for the ultimate LGBTQ+ Music Festival entering it’s unprecedented 34th year in the beautiful resort town of Palm Springs, California. 3 days and nights of 7 amazing parties are included in our VIP Weekend Pass featuring our White Party Global DJs, world class recording artists, and amazing specialty acts that will keep all our guests entertained all weekend long. Contact Details Full Scope PR Jack Ketsoyan whitepartypress@fullscopepr.com

December 06, 2023 08:40 AM Eastern Standard Time

Article thumbnail News Release

Blocksquare Hires Seasoned Exec Fergus Murphy As Its New Head Of Global Institutional Banking To Accelerate Real Estate Tokenization

Blocksquare

Blocksquare, creator of the world’s top blockchain-based tokenization platform for the real estate industry, announced that Fergus Murphy has joined the company as its new Head of Global Institutional Banking. Fergus is a highly skilled and experienced executive, whose illustrious career has spanned 25 years in the retail, business, banking and financial services industries. With his proven track record of successful and transformative leadership in related industries, Fergus will play an instrumental role in helping Blocksquare to fulfill its vision of tokenizing the world’s property markets. Earlier this year, Blocksquare successfully completed a key milestone when it successfully executed the world’s first notarized tokenization of a real estate property, which is now integrated within the Slovenian land registry. The achievement marked a revolutionary step forward for the global real estate industry, unlocking access to a tokenization market that’s forecast to reach $16 trillion by 2030, according to a recent report by the Boston Consulting Group. Blocksquare is laser-focused on transforming the real estate market through tokenization, building an ironclad infrastructure platform that boasts regulatory compliance and uncompromising security. With this platform, the company intends to reshape the concept of property ownership by tokenizing real estate, using blockchain technology. It will pave the way for fractional ownership of real estate, boosting accessibility in what has traditionally always been one of the world’s most exclusive and highly illiquid marketplaces. Fergus brings a wealth of experience to the company, having served with distinction in a number of leadership roles across related industries. He notably held the role of CEO at Rabobank Asia across 12 countries, prior to becoming the CEO of Ireland’s largest mutual mortgage bank, EBS. Most recently, he served as Chief Customer Officer at the U.K. digital native bank Virgin Money, an experience that underscores his strong commitment to customer-centric approaches in the financial sector. Through his long and successful career, Fergus has gained an unrivaled understanding of the global regulatory landscape. This, together with his extensive background in risk management and bank transformation, makes him the ideal candidate to help Blocksquare navigate the complex regulatory challenges within the real estate and financial industries. Fergus said he’s excited by the opportunities Blocksquare will create in the real estate market, stressing the transformative and disruptive potential of blockchain, tokenization and the fractional ownership of property. According to Fergus, tokenization will herald a new era of participation, speed, efficiency and opportunity at a time when 80% of global real estate is held in highly illiquid, private markets. Fergus shares Blocksquare’s vision of a future where tokenization will enable banks to hold digital collateral, developers to seek faster and more efficient funding, real estate agents to create new investment products, and fund managers to engage in more diversified investing strategies. "I am passionate about the transformation of global property markets to a fit for purpose 21st-century experience for all participants,” he stated. Besides the new opportunities, Fergus believes tokenization will facilitate the modernization of land registries in countries around the world, enabling property owners to manage their homes as assets in a more flexible way. Fergus joins Blocksquare at a pivotal moment for real-world asset tokenization projects, with recent developments in global financial markets underscoring the need for visionary leadership that can accelerate the adoption of blockchain infrastructure and create new opportunities to drive an economic rebound. "Blockchain infrastructure, tokenization, and the fractionalization of property are absolutely key to this enormous opportunity,” Fergus added. “I'm therefore delighted to be joining such a leading company as Blocksquare who are forging ahead with innovative solutions to build the global property infrastructure and ecosystem of the future." About Blocksquare Blocksquare is an award-winning company developing the world’s leading blockchain-based real estate tokenization system. Headquartered in Ljubljana, Slovenia (EU), Blocksquare has developed a state-of-the-art system in close co-operation with Medius – the leading provider of enterprise software solutions in the CEE region. Blocksquare's vision is to power 100s of platforms across the globe, connecting investors to real estate opportunities in their region. With its real estate tokenization protocol, anyone can start digitizing real estate assets at a fraction of the cost, while its white-label platform provides the quickest way to launch an online marketplace. More recently, Blocksquare expanded its operations into the realm of decentralized finance (DeFi) with Oceanpoint – a new layer on top of their established tokenization infrastructure to create borderless access to real estate financing for anyone with an internet connection. Contact Details Julia Buchholz marketing@blocksquare.io

December 06, 2023 08:00 AM Eastern Standard Time

Image
Article thumbnail News Release

DeFi Protocol ERD Launches USDE Stablecoin Protocol Ahead of Mining Campaign

Ethereum Reserve Dollar

Ethereum Reserve Dollar ( ERD ), the decentralized lending protocol, launched its USDE stablecoin protocol today following nearly one year of development. ERD is a lending platform that allows users to borrow USDE, a USD-pegged stablecoin native to the platform, using liquid staking derivatives (LSDs) and blue-chip DeFi tokens as collateral. The protocol maintains a minimum collateralization ratio of 110%, striking a balance between decentralization, capital efficiency, and price stability. In the fast-paced world of blockchain and cryptocurrencies, the demand for fully decentralized stablecoins is growing. The challenge has been to simultaneously achieve capital efficiency, price stability, and decentralization, a combination that has proven difficult to achieve. Numerous attempts have been made to create stablecoins that are both decentralized and capital efficient. However, these efforts often led to significant price fluctuations, causing depegging and collapse. The industry has thus been left with a choice between capital efficiency and decentralization, with price stability being a fundamental requirement for any stablecoin's adoption. Ethereum Reserve Dollar is designed to address these challenges. The ERD protocol is fully decentralized, providing a safer solution to the dominant centralized and semi-centralized stablecoins in the market. It leverages instant redemptions to maintain price parity and secures loans with a Stability Pool containing USDE, which allows for immediate liquidation and bypasses the need for liquidators to prepare liquidity or engage in a complex auction process. The ERD team also uses the principles of modern financial theory to create a more resilient stablecoin. Upon initial launch, the ERD protocol supports LSDs as collateral. However, the project will be the first lending protocol to introduce collateral support for a basket of top DeFi altcoins in its upgrade coming in the first quarter of 2024. This addition aims to transform $USDE into an index-backed stablecoin that mirrors the market dynamics of the greater DeFi ecosystem, thereby leveraging diversification to reduce exposure to single collateral price volatility. Notably, the ERD team is delaying the launch of a governance token to initially focus on sustainable protocol development and expansion. This is a stark contrast from standard industry practices, which have been known to launch early-stage fundraising campaigns centered around governance tokens at the cost of long-term ecosystem health. “The industry is still searching for a viable solution to the need for a stable store of value on-chain that upholds the core tenet of blockchain technology – decentralization,” said Steve Hopkins, ERD’s CMO. “ERD is this and so much more; it's a solution designed to become a truly decentralized reserve asset on the Ethereum network. We believe ERD offers a significant step forward in blockchain and DeFi technology. We’re thrilled to share it with the world.” Following a successful launch of its decentralized lending protocol, the ERD team will launch a two-week mining campaign on 7 December 2023. Miners, Stability Pool depositors, and active community members will compete for points, which will be recorded and considered at a later date. For more information about the ERD protocol and the upcoming event schedule, follow the project on Twitter at @Ethereum_ERD. Experience the decentralized lending platform built for the uncertainties of tomorrow at https://app.erd.xyz. About Ethereum Reserve Dollar: ERD is a decentralized lending protocol that enables users to borrow in USDE, a stablecoin pegged to the US dollar, using specified LSDs and blue-chip DeFi tokens as collateral. It offers a minimum collateralization ratio of 110% and secures loans with a stable pool containing USDE and other Ethereum-based assets. ERD aims to address the dominance of centralized stablecoins and offer a truly decentralized, capital-efficient alternative. The benefits of ERD include low variable interest rates, high capital efficiency, direct redemptions, and decentralization. Its goal is to become a truly decentralized reserve asset on the Ethereum network. Contact Details Steve Hopkins official@erd.xyz Company Website https://www.erd.xyz/

December 06, 2023 07:00 AM Eastern Standard Time

Image
Article thumbnail News Release

Bitcoin Eyes $40k, Polygon Set To Explode While New Token Leads With Real AI Use in Crypto

Total Media

Excitement has been rekindled in the crypto market after the Fed hinted at a potential interest rate drop. Bitcoin has capitalized on this, surging past $40,000 to set its sights on $44,000. Polygon (MATIC) is another crypto that has gained momentum in the last few days. Because of this, a top crypto analyst has predicted a potential price surge for MATIC. Amidst the price rally, Everlodge has caught the attention of the crypto space. The project has gained popularity as it looks to lead the adoption of real AI in the crypto space. Bitcoin Has Reclaimed $40,000, Sets Sight on $444,000 A key Fed official has raised the possibility of a rate cut by spring if inflation keeps slowing. The announcement provided the cryptocurrency market a positive boost. Profiting from the optimistic outlook, Bitcoin surged beyond $40,000. The price of Bitcoin will surpass $44k if it breaks above $43,400. Additionally, TradingView data has indicated that the price of Bitcoin may soon surpass $40,000. The approval of a spot Bitcoin ETF is imminent, which might lead to a price rise above $50,000. Analysts have projected that the Bitcoin price could increase to $100,000 by the time of the Bitcoin halving. Some have projected a price of $100,000 for BTC by April 2024. Polygon (MATIC) Could Surge Soon Pseudonymous analyst Bluntz has shared his sentiments about Polygon (MATIC). Based on his analysis, MATIC is currently showing significant bullish signs. According to Bluntz, the price of Polygon is ready for a potential 20% push. When this happens, the price of MATIC could rally to a new high above $1. The MATIC price last traded above $1 in May. Several developments could cause the Polygon price to increase. First, the network is looking to transition. As part of the upgrade, the Polygon network will launch a rebranded POL token. In addition, Lumoz has announced that they will launch StableNet - an EVM-compatible ZK-Rollup - on Polygon. These events could provide the momentum for a price increase for the Polygon coin. Everlodge Leads Adoption of Real AI in Crypto Artificial Intelligence (AI) has emerged as one of the hottest trends in recent months. According to experts, AI will eventually prove to be priceless for platforms that rely on smart contracts and cryptocurrency. Everlodge has embraced this, integrating AI into its blockchain-based real estate marketplace. The purpose of these tools is to assist Everlodge members in making better investment decisions in real estate. These tools are available to Everlodge customers for monitoring, scanning, and analyzing worldwide real estate values. They will not only have access to the most recent global real estate prices, but the AI technologies will also be able to forecast future values. Everlodge wants to provide these properties with more optimized access. The integration of AI aligns with the project's objective of facilitating global accessibility and ease of real estate investing. Due to this, the project has already become popular in the crypto space, drawing a lot of investors to purchase ELDG, the native network token. The project has quickly sold over 18 million ELDG tokens. Also, because Everlodge is connected to the real estate market, which is valued at over $280 trillion, analysts have expressed optimism about it. They have therefore estimated greater upside potential for Everlodge than the Polygon coin. By 2024, ELDG could easily reach $1 per token, while trading at $0.025 at the moment. For more information about Everlodge (ELDG) please visit their website. Contact Details Everlodge Media Team media@everlodge.io

December 06, 2023 07:00 AM Eastern Standard Time

1 ... 550551552553554 ... 3725