future-fintech-announces-framework-agreement-to-purchase-antminer-bitcoin-mining-machines

Future Fintech Announces Framework Agreement to Purchase Antminer Bitcoin Mining Machines

 

Future FinTech Group Inc. (NASDAQ: FTFT) (“hereinafter referred to as Future FinTech”, “FTFT” or “the Company”), a leading blockchain-based e-commerce business and a fintech service provider, announced today that on March 26, 2021, the Company signed a framework agreement (the “Frame Agreement”) with Nanjing Shunru Electronic Technology Co., Ltd. (“Nanjing Shunru”) to purchase approximately 20,000 Antminer bitcoin mining machines, which will provide a combined 200 Petahash per second (PH/s) hash rate, which accounts for about 0.12% of Bitcoin’s total hash rate capacity. Mining hash rate is an important security metric in terms of verifying bitcoin transactions; high hashing or computing processing power means greater system security for Bitcoin transactions. The Frame Agreement is non-binding except for the ‘Confidentiality and Exclusivity’ and ‘Applicable Law and Dispute Resolution’ sections of the agreement.

According to the Frame Agreement, Nanjing Shunru will provide no less than 20,000 Antminer mining machines to Future FinTech and guarantees a total Bitcoin hash rate of at least 200 PH/s for at least 180 days per year. Should the hash rate be less than 200 PH/s, Nanjing Shunru must supplement the corresponding hash rate with additional Antminer mining machines within a five-day period with no additional cost to FTFT. The mining machines will be delivered pending further due diligence on the part of the Company and a definitive agreement by the parties. The purchase price of such Antminer miner machines is RMB 50 million (approximately $7.6 million), of which RMB 10 million (approximately $1.5 million) will be paid in cash, and the remaining RMB 40 million (approximately $6.1 million) will be paid in FTFT common stock.

Mr. Shanchun Huang, Chief Executive Officer of Future FinTech, commented, “The recent sharp increase in the price of Bitcoin has provided us with the opportunity and economic incentive to develop an encrypted digital currency mining business. The signing of the mining machine acquisition frame agreement is the first step for us to move into the bitcoin mining field. We will continue to optimize the Company’s comprehensive platform in the field of cryptocurrency mining and blockchain technology services to maximize returns to our shareholders.”

rfox-games-appoints-new-head-of-business-development-to-strengthen-presence-in-southeast-asia

RFOX Games Appoints New Head of Business Development To Strengthen Presence in Southeast Asia

 

Vietnam-based RedFOX Labs Joint Stock Company (‘RedFOX‘) is pleased to announce the appointment of Philip Cahiwat as its Head of Business Development for its venture-level company, RFOX Games.

RFOX Games is a wholly owned subsidiary of RedFOX Labs, the company behind KOGs – the number one selling NFT on the WAX platform.

RFOX Games has released a closed beta version of its game KOGs: SLAM!, a 100% on-chain, mobile blockchain-based game modeled on the 90’s phenomenon POGs. The game is set to progress to open beta in the coming months, along with its marketplace and ahead of a series of interoperable games. Users can get started with their KOGs and join the global community via Discord where weekly sessions for updates and activities cater to the growing user base.

“With his background as co-founder of the largest online game publisher in the emerging markets of the Philippines and Brazil, Phil is perfectly positioned to help further develop RFOX Games business across the region. His extensive network of triple A companies and brands in the gaming space will also open many doors for us to work with prominent IPs.  He will play a key role in building the business around our PLAY TO EARN agenda,” said Fadzly Yusof, General Manager of RFOX Games.

“The internet paved the way for multiplayer online gaming and mobile made gaming instantly accessible. With the advent of blockchain technology, the social currency now has quantifiable value. You put all three together, and you have this brand-new social economy that makes play-to-earn a reality. The modes of participation both as a player and a developer are seemingly limitless but are now just being explored,” said Philip Cahiwat, Head of Business Development of RFOX Games.

“RFOX Games is a pioneer in the space and will create new and interesting opportunities for gamers, content creators, collectors, investors, and developers with the support of Redfox Labs.

“This is why I’m so excited to be here and to be working with such a driven and intelligent group of people. We’ve only just scratched the surface of what’s possible with blockchain technology, and my role would be to educate traditional game publishers and IP holders on how to break down their walled gardens and integrate them into the RFOX ecosystem and this new economy.”

taiwan-holds-2021-world-system-integration-conference,-focusing-on-ai-and-iot-to-lead-smart-city-progression

Taiwan holds 2021 World System Integration Conference, focusing on AI and IoT to Lead Smart City Progression

 

The 3rd annual World System Integration Conference in 2021 was held online and it was the first time the forum was held virtual (offline and online). The conference discussed smart city development trends and brought about system integration international cooperation business opportunities.

Industrial Development Bureau Deputy Director General Pei-Li Chen at the address mentioned that system integration has become an important industrial development trend in recent years. Industrial Development Bureau is promoting Smart City and Town 2.0 Project, linking international partnership as the goal.

SIPA “Online Exhibition” Initiation

Responding to post-Covid era, in order to demonstrate Taiwan’s diversified system integration smart solutions, Industrial Development Bureau, Ministry of Economic Affairs works with Taiwan’s Osense Technology Co., LTD O’EXPO online exhibition solution’s “SIPA Online Exhibition Center” to bring System Integration Promotion Alliance Project Office online. The office provides system integration and offline-virtual integration’s new type of service, virtualizing offline business discussion processes. At the same time incorporating AI analysis techniques to see user behavior, leading client business discussions, optimizing exhibition results and increasing resolution efficiency.

2021 System Integration Outbound Award

The award-winning FETC International CO., LTD. Implemented RFID Multi Lane Free Flow in India’s NH-44 highway (From Delhi to Chandigarh) project scope includes design, construction, operation and maintenance. Potential markets include all highways in India, state highway and other ETC-derived smart city solutions had successfully been duplicated in Thailand.

Glory Technology Service Inc.’s “Manila Metro 3rd Line Renovation and Maintenance Project” is an example where Glory Technology Service Inc. utilized domestic metro and HSR’s data transmission system integration experience to demonstrate Taiwan’s strength of successfully sending outbound supply chain system. Aside from Thailand and Philippines, this year they also got India’s metro system’s project, successfully entering the Indian market.

Asus Cloud’s “AI Cloud System Solution” provides cloud AI solutions. It works with Temasek Holdings Private Limited’s Certis Group to assist the establishment of Certis Centre for Applied Intelligence (CCAI), research and develop technological compliance and surveillance and AI applications which turning these into business opportunities. Through continuous updating and optimizing AI pipeline automation process to reach low-latency, independence, compliant, simplified data and security. In the future, this successful model will be duplicated to all clients over the world.

AAEON Technology Inc., with integrated diversified sensory equipment and identification techniquesprovides road condition detection services, “AI Road Detection System”, IOB products and solution through cooperation with international partners from United States and England. By integrating environmental monitoring devices, identification and wireless transmission technology, data such as air quality, temperature, humidity, snow level detection, amount and kinds of vehicles, and personnel will be sent to a control center platform, effectively monitoring environmental quality. This project was based on England’s Slough, a system integration solution which is suitable for cities with a wide application scope.

International Cooperation Creating New Game

Through SIPA’s introduction 5 MOU were signed. Airtree Inc., focuses on aeroponics technology, including agricultural construction, big data, cloud computing, integrating smart aeroponics cloud solution, signed the MOU of smart agriculture cooperation with America’s FiO, which specializes in blockchain technology. Airtree Inc. also signed smart cloud farm cooperation with a Singaporean company, Ochlos. Ochlos will find test sites for Airtree’s aeroponics cloud technology for plantation processes.

Chunghwa Telecom and Philippine’s Sung Yuen Construction Corporation cooperated to help implement smart infrastructure in the industrial park, including smart monitoring, smart streetlight, transportation management, industrial park management center…etc. Chunghwa Telecom is continuously duplicating this success story to other new southbound countries, helping local industrial parks with smart vertical integration.

Glory Technology Service Inc. signed a metro operation cooperation project with Thailand’s CWTel, working to improve Thailand’s metro reliability. If the cooperation goes well, Glory Technology Service Inc. will continue this partnership for future bid projects on Thailand’s orange line project.

C-Link Technology Inc. signed an “AI Smart Transportation Investigation Analysis System” joint project with NIPPON SYSTEMWARE CO.,LTD. This system will be able to put forward preventive smart transportation analysis, resolving traffic congestion and safety issues. This time both parties decided to use AI imagery analysis to combine monitor and drones for road traffic analysis application.

WSIC is the platform to continuously bring out Taiwan’s smart technology system integration to the world. We work towards “shaping Taiwan to be a reliable system integration brand to the world”, also “system integration outbound impression”, establishing Taiwan to be a “global system integration solution provider” to the world.

automotive-switch-market-worth-$7.5-billion-by-2026-–-exclusive-report-by-marketsandmarkets

Automotive Switch Market worth $7.5 billion by 2026 – Exclusive Report by MarketsandMarkets™

 

According to the new market research report Automotive Switch Market By Type (Knob, Lever, Button, Touchpad & Others), Switch Application (HVAC, Indicator, Electronic, Engine Management, Power Windows, Ignition, Multi-purpose & Others), Vehicle Type and Region – Global Forecast to 2026″, published by MarketsandMarkets™, the Automotive Switches Market is projected to grow at a CAGR of 3.8% from 2021 to 2026, and the market size is expected to grow from USD 6.2 billion in 2021 to USD 7.5 billion by 2026.

Growing popularity of premium vehicles with advanced systems such as power windows, front & rear AC conditioning, EMS systems etc. is expected to significantly boost Automotive Switches Market. Trends towards lightweight vehicle parts is also expected to propel Automotive Switches Market.

Browse in-depth TOC on “Automotive Switches Market”

188 – Tables
42 – Figures
156 – Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=236022802

Air conditioner temperature switch is the fastest growing market by application

Increase in superior cabin experience has propelled to ever-increasing the growth of the AC lines market. Today, almost all the vehicles that are manufactured are equipped with an air conditioning system. Thus, there is tough competition between automakers to provide enhanced comfort. This competition has increased pressure on OEMs to deliver technologically advanced automotive air conditioning systems. Also, the increasing popularity of premium vehicles, has driven the adoption of rear AC system. Thus, the increasing demand for rear air conditioning has also driven the growth of air conditioner temperature switch is expected to grow further in coming years.

PC is the largest market for automotive switches, by vehicle type

The passenger car segment is estimated to hold the largest market share of the Automotive Switches Market during the forecast period. The growing PC production in countries such as ChinaIndiaBrazil is driving Automotive Switches Market. Growing Installation of systems such as infotainment display, power windows are driving market for touchpad, and buttons. Thus, considering the above-mentioned factors, the PC Automotive Switches Market is expected to get a significant boost in the forecast period.

Request FREE Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=236022802

Asia Pacific is estimated to be the largest geographical segment of the Automotive Switches Market

The Asia-Oceania region comprises of countries such as ChinaIndia, and Japan. The region is dominated by developing countries such as India and China, where the automotive industry is growing at a faster pace. Increasing number of vehicle manufacturing facilities due to low cost of production in developing countries, increasing production capacity, and growing demand for light and heavy vehicles is driving the market for automotive switches in these countries. At the same time, the demand for luxury cars has increased considerably. The increase in demand for vehicles, especially premium passenger cars, has accentuated the need for cabin comfort and luxury and enhanced the demand for better air conditioning systems, driving Automotive Switches Market. Thus, the market for Automotive Switches Market in the region is expected to grow significantly in the coming years.

The Automotive Switches Market is dominated by global players and comprises several regional players as well. The key players in the Automotive Switches Market are Robert Bosch GmbH (Germany), Continental AG (Germany), ZF Friedrichshafen AG(Germany), Alps Alpine Co., Ltd. (Japan), Panasonic Corporation (Japan).

Browse Related Reports:

Automotive Interior Market by Component (Seat, Interior Lighting), Material (Glass Composite, Carbon Composite, Metal, Vinyl, Fabric), Autonomous Driving (Semi-autonomous, Autonomous), Electric Vehicle, Vehicle Type and Region – Global Forecast to 2025

Automotive Lighting Market for ICE & EV by Technology (Halogen, LED, Xenon/HID), Position & Application (Head, Side, Tail, Fog, DRL, CHMSL, Dashboard, Glovebox, Reading, Dome, Rear View Mirror), Adaptive Lighting and Region – Global Forecast to 2025

molecular-data-inc.-and-china’s-listed-ucloud-in-collaboration-to-further-drive-digital-transformation

Molecular Data Inc. and China’s listed UCloud in collaboration to further drive digital transformation

 

Molecular Data Inc. (“Molecular Data” or the “Company”) (Nasdaq: MKD), a leading technology-driven platform in China’s chemical industry, today announced that it has signed a cooperation agreement with UCloud Technology Co., Ltd. (“UCloud”, stock code: 688158), the first China listed company in cloud computing.

The two parties will integrate their respective high-quality resources and jointly launch industry solutions and service systems to help Digital and intelligent transformation; including upgrading of chemical, medical, new materials and other industries.

This move to address the inadequacies faced in the various industries will also include deploying Blockchain solutions accordingly.

Hua Kun, the co-founder and COO of UCloud, Jiang Jianbiao, the head of expansions cooperation of UCloud, and senior management from Molecular Data attended the signing ceremony.

UCloud is a neutral and secured cloud computing service platform. The company has an in-depth understanding of the business needs of traditional industries in different scenarios, and provides comprehensive industry solutions including public cloud, hybrid cloud, private cloud, and proprietary cloud.

Molecular Data’s senior management introduced that driven by the new energy industry, new materials industry and the new economy, the chemical industry has entered a new stage of refinement, digitalization and diversification. However, the overall IT technology and digitization capabilities of the chemical industry remains weak.

Molecular Data hopes to work with UCloud; using leading companies in the chemical industry as a benchmark, where both parties will jointly create a full value chain and bring comprehensive solutions for the vertical segmentation of the chemical industry.

Hua Kun, co-founder and COO of UCloud, said: There is a lot of room for digitalization in the chemical industry. The chemical industry has high requirements including the security of IT architecture, and at the same time it must meet the requirements of simplicity, ease of use, and convenience in both operations and maintenance.

UCloud has the ability to provide chemical companies with cloud services and integrated software and hardware delivery solutions. UCloud will utilize Molecular Data’s application services and data systems in the chemical industry to jointly provide products and solutions to help the digital transformation and upgrading of the chemical industry.

At present, the joint product team established by Molecular Data and UCloud has focused on the two key directions. Firstly in the digitalization of leading enterprises in the industry and secondly, the upgrading of the industry’s cross-border transaction system.

bitcoin-association-launches-introduction-to-bitcoin-development-online-course-at-bitcoin-sv-academy

Bitcoin Association launches Introduction to Bitcoin Development online course at Bitcoin SV Academy

 

Bitcoin Association, the Switzerland-based global industry organisation that works to advance business with the Bitcoin SV blockchain, today announces the official launch of the Introduction to Bitcoin Development course at Bitcoin SV Academy. The course is available free of charge and can be accessed from today at http://bitcoinsv.academy.

Introduction to Bitcoin Development is part of the Bitcoin Development stream of Bitcoin SV Academy and has been designed to equip application developers with the skills, tools and techniques required to build applications on the Bitcoin SV network. The course covers Bitcoin as a data protocol – including reading, writing and advanced functionalities with the Bitcoin ledger, payment protocols, token protocols and smart contracts. At the conclusion of the course, participants will be tested on their knowledge through an online examination, with a course certificate available upon successful completion for those who have demonstrated proficiency and understanding of the subject matter.

Bitcoin SV Academy is an online education platform for Bitcoin which offers academia-quality, university-style courses and learning materials in three distinct streams, Bitcoin Theory, Bitcoin Development and Bitcoin Infrastructure. Developed and run by Bitcoin Association, Bitcoin SV Academy has been created to make learning about Bitcoin – the way creator Satoshi Nakamoto designed it – accessible, accurate and understandable.

The launch of Introduction to Bitcoin Development today follows the successful rollout of Introduction to Bitcoin Theory – the first course to be launched on Bitcoin SV Academy – in December 2020. Later this year, the first module in the Bitcoin Infrastructure stream Introduction to Bitcoin Infrastructure is due to launch, followed by intermediate and advanced level courses across the three streams.

Visit bitcoinsv.academy today to find out more.

Speaking on today’s announcement, Bitcoin Association Founding President Jimmy Nguyen, commented:

“Education is an integral component of the work that we do at Bitcoin Association, helping both individuals and enterprises understand the capabilities of the original Bitcoin system envisioned by its creator Satoshi Nakamoto. Bitcoin SV Academy is a cornerstone of that strategy, providing the most accurate and accessible resources for learning about Bitcoin available anywhere. Following the successful launch of Bitcoin SV Academy and our first course last December, I’m delighted to today unveil our first developer-centric offering, which will provide the critical first steps in upskilling and inspiring the next wave of developers and engineers innovating with Bitcoin and blockchain technology.”

Also speaking, Steve Shadders, Technical Director of the Bitcoin SV Infrastructure Team, said:

“Any technology is only as good as the people who understand it and know how best to leverage it. That’s true for Bitcoin too, which is capable of so much more than it’s ever previously been allowed to demonstrate. With the Introduction to Bitcoin Development course, participants will get a taste of the vast development potential offered by Bitcoin and learn how those unique characteristics can be applied to build the next-generation of applications & digital services.”

smart-money-is-betting-big-on-the-future-of-crypto

Smart Money Is Betting Big On The Future Of Crypto

 

The cryptocurrency market is back – and in a big way! Between late September 2020 and late February 2021 – a period of just five months – Bitcoin prices soared an astounding 456.8%. But Bitcoin’s rise is just part of the story.  Mentioned in today’s commentary includes:  Alphabet Inc. (NASDAQ: GOOGL), NVIDIA Corporation (NASDAQ: NVDA), CME Group Inc. (NASDAQ: CME), Baidu, Inc. (NASDAQ: BIDU), DocuSign, Inc. (NASDAQ: DOCU).

  • Tesla recently purchased $1.5 billion dollars’ worth of Bitcoin and will start accepting it as payment.
  • VISA and Mastercard have announced that they will enable merchants and clients to transact using Bitcoin, unlocking potentially trillions in transaction volume.
  • Goldman Sachs is re-activating its crypto trading desk after detecting huge institutional demand for bitcoin among its client base.

But one company – led by some of the brightest, boldest and most disruptive minds in the blockchain space – appears to stand apart from the rest of the crowd. In fact, some are calling this company “the Uber of Crypto” or the “AirBnB of digital storage.”

That company is Cloud Nine Web3 Technologies (CNICLGUF), and the company’s unique stockpile of interconnected applications and Intellectual Property has it uniquely positioned to take advantage of a new bull market for cryptocurrencies. Cloud Nine’s recent acquisition of Limitless Blockchain Technologies provides it with a foundation that is designed to maximize user experience and customer loyalty. And the company is emerging just as the new bull market in cryptocurrencies is beginning to take off.

The Brightest Minds in Blockchain

This forward-thinking, customer-oriented approach is the result of the work of one of the most impressive management & advisory teams in the blockchain space.

  • This team is led by Chief Technology Officer Michael Shader – with over 20 years of experience in the tech space, including working for several companies under the leadership of Elon Musk, Shader is familiar with scaling customer-oriented technologies.
  • Chief Executive Officer Alex Martini is an entrepreneur and executive with nearly two decades of investing in tech-driven ventures and is a member of the Blockchain Commission for Sustainable Development at the U.N.
  • Kant Trivedi, the company’s Chief Operating Officer, brings over 20 years of experience building and managing world-class customer operations within the Technology, Telecommunications (Rogers Wireless), Financial Services and Blockchain sectors.

A Platform Of Interconnected Assets

Cloud Nine (CNICLGUF), has positioned itself to be “the Uber of Crypto” by bringing to market three assets that work together to create a unique experience for a potential army of millions of digital miners.

Their first asset is an application that offers both revenue for the company as well as a foundation to leverage across its entire platform immediately. This downloadable desktop mining platform –LimitlessCrypto™ VPN Miner –acts as a virtual private network and is designed to give consumers a simple entry point into the world of cryptocurrency. The technology powering Limitless’ VPN Crypto Minder is patent pending, and the VPN currently has a wait list of over 100,000 users for its March 2021 launch. The company is projecting the user base will grow to one million users by the end of 2021 generating an average of $11 USD gross revenue in cryptocurrency per user per month, with an attractive $7.30 in gross profit per user per month.

The company’s second asset is an in-home crypto-mining rig that allows customers to participate in advanced crypto-mining with no expertise required. The MicroBlock™ Miner gives users a plug-and-play opportunity to participate in proof-of-work mining protocols like Bitcoin, Ethereum and more – with the ability to immediately mine up to five different cryptocurrencies in their own home. This is the company’s “crypto-in-a-box” innovation allows users all over the globe to begin generating revenue without specialized knowledge or technical expertise.

The real genius in this interconnected platform of assets, however, is the X2Crypto™ Wallet. The X2Crypto™ Wallet comes with a physical VISA™ Credit card and ties the entire platform together into its own decentralized financial ecosystem by offering storage, crypto exchange and banking capabilities. The interconnected nature of these assets is a key part of what makes Cloud Nine (CNICLGUF), such an interesting investment opportunity.

Exposure to the New Bull Market In Crypto

The surge in the crypto-markets over the last several months has triggered a wave of interest from investors – and a number of compelling opportunities have emerged. None of those opportunities, however, appear to match the unique combination of assets, experience and interconnectivity that Cloud Nine offers as the potential “Uber of the Crypto Space.”

By building a massive funnel for users – with such an impressive collection of assets – Cloud Nine (CNICLGUF) is working to build a scalable platform unlike any other in the industry.

Big Tech Is Jumping On The Blockchain Bandwagon  

Google (GOOG)‘s blockchain initiatives are particularly interesting, in fact. The tech giant is building a platform that will leverage both its cloud expertise and the Ethereum blockchain to allow users to create an entirely new kind of application. Leveraging its Big Data capabilities reference to on-chain data that is out of scope, Google will be able to improve the operational efficiency of the Ethereum smart contract platform

As one of the few trillion-dollar companies, Google has carved out its place among the most elite corporations on the planet. But just because it’s already in the 4 comma club, that doesn’t mean there’s no upside left.

At its core, Nvidia Corporation (NVDA) is built by and for gamers, but because their GPUs are programmable, miners have found a way to harness their power for the own purpose. This has sparked a shortage of gaming GPUs, and Nvidia has finally come up with a solution – its own dedicated mining product.

“Creating tailored products for customers with specific needs delivers the best value for customers. With CMP, we can help miners build the most efficient data centers while preserving GeForce RTX GPUs for gamers,” the company noted on its website.

This exposure to the industry will help its already-successful gaming products get to where they need to be while also creating an entirely new potential market for the company in the process. That’s good news for the company’s future. And shareholders are likely to be the biggest benefactors.

CME Group (CME) is a Chicago based global finance company. In fact, it is the world’s largest derivatives market, trading in everything from currencies, energy, agricultural products and much, much more. The Economist calls it “the biggest financial exchange you’ve never heard of” and they may be right.

It’s not letting the crypto-boom pass by, either. As one of the first major exchanges to offer bitcoin futures, CME Group has proven that it has the foresight and capabilities to remain relevant for years to come. It even recently launched a new product, Ether futures, giving traders even more exposure to the world of crypto.

BAIDU (BIDU) is another leader in the global tech race. As the ‘Chinese Google,’ Baidu is following a similar path to its American counterpart. It began as a search engine but is quickly expanding into almost all things tech related. Like Google, Baidu has an equally large portfolio of innovative new technology, and even better for some investors, it comes at a significantly lower price point. From artificial intelligence to television and finance, Baidu’s ever-expanding reach is not to be ignored.

Despite some pushback from the United States and even some Big Tech oversight concerns from its own government, Baidu has had a stellar year. Since March 2020, The Chinese tech giant has seen its share price soar from $88 to today’s price of $277, representing a 214% return for committed shareholders.

DocuSign (DOCU) is a tech company that has truly disrupted the way that people do business. And it all started with an incredibly simple idea; e-signatures. While the concept may seem obvious right now, DocuSign pioneered the idea and completely transformed how people sign documents.

With many companies doing business outside of the office these days, DocuSign has seen a surge in interest because, global lockdowns or not, documents still need to be signed. And  with this growth in demand, it’s also set itself apart through innovation in the industry. It’s now leveraging blockchain technology to ensure documents and signatures are verifiable and safe.

By. Andy Beckett


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LEAF Mobile to Launch NFTKit and Offer Non-Fungible Tokens as Prizes in Select Games

LEAF Mobile Inc. (TSX: LEAF) (“LEAF” or the “Company“), Canada’s leading free-to-play mobile game group, announces that its subsidiary studio, East Side Games, is set to launch a non-fungible token (“NFT“) game creation toolset called NFTKit for its IdleKit platform. The company plans to release the first offering of NFTs as prizes, within select games, the week of April 20th, 2021.

Top performing players will, for the first time, have true ownership over their rewards by receiving NFTs as prizes in select LEAF Group games published by East Side Games and LDRLY Games studios. NFT awards will be available through special events during the week of April 20th, 2021 in Trailer Park Boys Grea$y MoneyCheech & Chong Bud FarmBud Farm Idle Tycoon and Dragon Up. These rewards will mark the first officially licensed products from these brands in NFT form. Additional details will be released in game as the events get closer. Register at http://NFTKit.eastsidegames.com/ for updates and rewards details.

LEAF’s NFTKit is the latest addition to the IdleKit platform. Currently in private beta to select partners, NFTKit allows game developers to offer unique tokens and true ownership of digital items earned through our proprietary toolset. NFTKit development is being guided by Mack Flavelle, cofounder of Dapper Labs and cocreator of CryptoKitties, the original blockchain based NFT game, and the team that created the IdleKit platform. Mr. Flavelle currently serves as the EVP of IP and Licensing at East Side Games and has been involved with East Side Games since they acquired his company, Compass Engine, in 2011.

“The inspiration for the NFTKit was to find a way to reward our loyal players with something that they can truly own,” said Darcy Taylor, Chief Executive Officer of LEAF. “Bringing together Mack’s expertise in the NFT space, with the IdleKit team, we were able to make this a reality. This is yet another innovative toolset we have added to our leading IdleKit platform and it showcases our ability to innovate and enhance our offerings. Although only our first implementation of NFT technology, we foresee expanded opportunities for in game monetization for LEAF studios and our partners utilizing this technology.”

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ARK Investment Management Hires Global Finance Veteran Jana Haines As Chief Strategy Officer

 

ARK Investment Management LLC (“ARK” or “ARK Invest”), a New York-based investment adviser focused solely on thematic investing in disruptive innovation, announced today that Jana Haines joined the team as Chief Strategy Officer on March 1, 2021.

Jana joins ARK after more than 14 years at MSCI, a leading provider of portfolio construction and risk management tools for global investors. Most recently, Jana served as a Managing Director and Head of Index Products, Americas & EMEA and Global Head of Fixed Income Indexes. She was a member of the Index Risk and Regulatory Committee and Investment Committee for MSCI’s US Retirement Plan. In her prior role, Jana served as Managing Director and head of MSCI’s Chicago office, where she built and led a team of top performing institutional sales specialists and consultants. Prior to MSCI, Jana garnered extensive global finance experience in diverse roles, among them Global Head of Equity and Equity Index Derivatives Market Making at HypoVereinsbank in Munich and Convertible Bond Arbitrage Portfolio Manager at Richie Capital, a Chicago-based hedge fund. She also co-founded the Private Equity Group in Prague and held several roles at Chicago Research and Trading Group (CRT). Jana holds an MBA from the University of Chicago Booth School of Business.

“We are truly excited that Jana Haines has agreed to join the ARK family,” stated ARK’s Founder, Chief Executive Officer, and Chief Investment Officer, Catherine Wood. “Jana is a highly respected finance veteran with deep connections across the financial services industry and a proven track record of executive leadership and experience. As Chief Strategy Officer, she will complement our existing leadership team as we evaluate future growth opportunities and scale ARK’s business.”

“I am thrilled to join ARK,” stated Haines. “I look forward to working closely with Cathie and the talented ARK team to capture, drive, and scale strategic business opportunities.”

astri-hosts-smart-city-forum-with-thought-leaders-and-distinguished-speakers

ASTRI hosts Smart City Forum with thought leaders and distinguished speakers

 

The Hong Kong Applied Science and Technology Research Institute (ASTRI) has hosted a Smart City Forum in which government, business and thought leaders shared their views on the essential collaboration for a smart city and what a “tech-backed” sustainable future looks like for Hong Kong as the territory is moving full steam ahead on its journey to become a world famed Smart City.

The event was opened by the Honourable Secretary for Innovation and Technology, Mr Alfred Sit Wing-hang, following the welcome remarks from ASTRI Chairman Ir Sunny Lee Wai-kwong.

“Developing Hong Kong into a smart city is undoubtedly an important commitment of the Government. However, the full participation of the private sector, academia and research institutes is also of paramount importance to help us move towards this goal. I am glad to learn that many of the technologies developed by ASTRI could play a part in our smart city development in various aspects,” said Mr Alfred Sit.

Ir Sunny Lee said, “ASTRI is fully aligned to our Government’s clear commitment to Hong Kong’s technological development. Smart City stands alongside FinTech, Intelligent Manufacturing, Health Tech and Application Specific Integrated Circuits, as one of ASTRI’s core areas of expertise and focus. We understand a Smart City needs Smart People and therefore our numerous talent development initiatives are focused on ensuring the next generation is able to keep up with the pace of innovation.”

On the first panel titled ‘The Essential Collaboration for a Smart City,’ panelists discussed how we could achieve our best results by not only working together, but also finding the balance between healthy and stimulating competition and cross-sector collaboration. On the second panel titled ‘What Does a Tech-backed Sustainable Future Look Like?’, speakers discussed various aspects of a smart city from talent development, gerontech and healthtech to fintech, blockchain, artificial intelligence and how these technological applications will impact Hong Kong as a smart economy in particular on small and medium sized businesses.

ASTRI’s Acting Co-CEO cum Chief Operating Officer Dr Martin Szeto, who featured on the second panel and delivered the event’s closing remarks, said, “The HKSAR Government has made innovation and technology a key pillar of its framework to ensure Hong Kong develops into a world famed Smart City characterised by a strong economy and high quality of living. We believe ASTRI, with our award-winning innovations and talented researchers, is uniquely positioned to support the government and deliver against this vision.”

Dr Lucas Hui, Acting Co-CEO cum Chief Technology Officer at ASTRI, provided an overview of ASTRI during the event, said, “ASTRI is committed to contributing to Hong Kong’s future as a Smart City, whether that is through our technological innovations in the various initiatives under the six smart areas, or leveraging on our thought leadership position in promoting and exploring how innovation and technology can bring a positive impact to our society and build a sustainable and efficient future for Hong Kong.”

The event was held in the Asia Society Hong Kong and live-streamed to an audience online.