26.3 C
Vientiane
Wednesday, May 14, 2025
spot_img
Home Blog Page 2513

Proposal Passes for Creation of $500M Blockchain Gaming Organization in Partnership With BitDAO and Forte

Game7 will accelerate the adoption of blockchain technology in the $180B gaming industry.

HONG KONG SAR – Media OutReach – 22 November 2021 – Full proposal: here and visit BitDAO.io and follow BitDAO and Game7 to stay up to date on Game7 and other BitDAO developments.

Ronen Kirsh from Forte Labs and Jon Allen from Magnus Ventures, in association with multiple gaming industry and technology veterans, successfully proposed the creation of Game7 — an initiative led by community partners including BitDAO, Forte, Alameda Research, and Mirana Ventures. Additional organizational partners include: Warner Music Group, Aleo, Avalanche, Interchain Foundation, Offchain Labs, OP Games, Polygon Studios, and Solana Ventures.

Game7’s goal is to accelerate the adoption of blockchain technology within the gaming industry through a $100M grants program, and by investing in blockchain gaming initiatives.

Gaming has grown to a $180B industry annually — more than the film and music industries combined. Gaming communities have become an essential part of the overall entertainment experience. Despite large investments of time and money into the games they play, gaming communities never truly own the items, characters, or achievements they earn. Blockchain and Web3 technology will fundamentally transform the gaming industry by providing more transparent and equitable economic and social systems for all participants, and allow them to have true asset ownership and portability of the virtual goods they purchase.

Additional individual support includes: Aron Beierschmitt, BoredElonMusk, DeFi Vader, Gmoney, and Jerome Collin.

Brian Lee, a Partner at Alameda Research commented, “Gaming has become one of our main investment focuses this year and we are very excited to be part of Game7.io and work with Forte, the go-to token-based gaming infrastructure, BitDAO and Mirana Ventures, to back incredible game developers and accelerate blockchain-based game adoption.”

Steven Goldfeder, Co-founder and CEO, Offchain Labs said, “As we think about the future of gaming on Arbitrum, we’re incredibly excited to partner with and support Game7 to fuel the development of scalable and self-sovereign blockchain based games.”

Interchain Foundation, “Community-driven initiatives are so important to the success of open source and decentralized technologies. From a technical perspective, Game7 is in a great position to enable the success of scalable, sovereign, and interoperable blockchain systems for the gaming industry. Game 7’s mission is to enable the most innovative publishers and studios to build great blockchain games that open up new ways for the players to interact and transact in a way that tangibly benefits those players; we are thrilled to support this mission.”

About BitDAO

In under one year, BitDAO has become one of the largest decentralized treasuries in the world with billions in assets. Leveraging a tokenized governance system, BitDAO continues to display and execute on its open mandate to foster technologies that present entirely new ways for people to work, engage, and transact together. BitDAO’s mission is to support builders of the decentralized economy and showcase the potential of DAOs.

A primary activity of the BitDAO ecosystem is to partner with “autonomous entities” (AEs), like Game7, that are funded in part by the BitDAO treasury. These AEs consist of independent governance systems, and create aligned economic links back to the treasury itself, enabling the viral growth of more value producing AEs.

#BitDAO

About Forte

Forte is building economic technology for games that is secure, easy to use, and provides a great player experience. Its end-to-end blockchain platform enables the emergence of community economics, a system where the interests of game developers, players, and greater game communities are aligned, leading to healthier, sustainable game communities. The team is composed of longtime industry members (Unity, ngmoco, Riot Games, Electronic Arts, Sony, and Rockstar Games, among others), and is currently working with over 30 acclaimed game developers from across the globe to reimagine the economics of games.

About Mirana

Mirana manages billions in digital assets with a broad mandate for all things crypto related including: equity, token, and fund investments; liquidity support, and other asset management strategies.

About Alameda

Alameda Research was founded in October 2017. Alameda manages over $5 billion in digital assets and trades over $10 billion per day across thousands of products: all major coins and altcoins, as well as their derivatives. Alameda has a full-scale global operation with the ability to trade on all major exchanges and markets.

VP Bank expands Hong Kong office to fuel growth in Asia

HONG KONG SAR – Media OutReach – 22 November 2021 – VP Wealth Management (Hong Kong) Ltd, a wholly owned subsidiary of VP Bank in Liechtenstein, today announced the expansion of its Hong Kong office. This move aligns with VP Bank’s Strategy 2026 to further its growth in Asia.

 

VP Wealth Management (Hong Kong) Ltd has been focusing on wealth management and family office services for wealthy private clients for the past 15 years. With Strategy 2026 and its strong foundations in serving intermediaries and private clients, VP Bank aims to become an open wealth services provider by providing a platform that amalgamates traditional banking activities with the rapidly evolving digital ecosystem. Additionally, with the recently formed Asia Management Committee (Asia Manco), VP Bank has created an umbrella market within Asia that fully integrates Singapore and Hong Kong. This further affirms the Bank’s dedication and competitive edge to seize opportunities in this region.

Head of Hong Kong, Reto Marx, said, “Asia represents one of the top priorities in the Group’s Strategy 2026. In Central Hong Kong, our modernised office space will accommodate for growth and scale. We are fully committed to this region and continue to invest and re-energize our business model in order to cater to our clients’ evolving wealth management needs.

 

Chief of Staff Asia, Ms Heline Lam, added, “In line with the Group’s Strategy 2026 and to support our vision in Asia, we have committed to a new office space in Hong Kong’s core central district. This office space, which comprises our own floor, allows us to accommodate more than double our headcount.” 

About VP Bank Group

VP Bank established in 1956, is a leading bank in Liechtenstein with an international presence in Switzerland, Luxembourg, Singapore, Hong Kong and the British Virgin Islands. VP Bank Group offers comprehensive wealth management solutions for intermediaries and private individuals. VP Bank is listed on the Swiss stock exchange. It has an “A” rating from Standard & Poor’s as a well-capitalised and secure bank. It provides independent advice and access to leading investment houses through its open architecture. A standout feature of VP Bank is its strength in working with financial intermediaries and wealth managers to offer best in class solutions for clients.

VP Bank was awarded Best External Asset Manager Service Provider and Best Private Banking Regional Partnership at Greater China WealthBriefingAsia Awards for Excellence 2020 and Best Asia EAM Service Desk at Citywire Asia EAM Desk Awards 2020. In 2021, VP Bank was named Best Private Bank – Intermediary Services by Asian Private Banker and ‘Best Boutique Private Bank’ at the 9th annual WealthBriefingAsia Awards 2021.

#VPBank

OctaFX’s Five Expert Life Hacks: Earning on Black Friday Instead of Just Spending

During the Black Friday season, most people prepare to spend vast amounts of money. But what if you could flip this? One would be earning money instead—during the most prominent discount period in the world. OctaFX’s experts explain how.

KUALA LUMPUR, MALAYSIA – Media OutReach – 22 November 2021 – The international Forex broker OctaFX has ventured to think outside the box once again. While most people and businesses concentrate on spending and selling stuff at steep discounts, OctaFX offers opportunities to earn money and increase income during this global mass purchase-fest. The fintech firm bundled some influential financial experts to outline five easy approaches to increase income during the Black Friday season.

 

Take Advantage of Shortages on the Job Market

Searching for a part-time job sounds obvious enough, but surprisingly, people rarely notice this opportunity—at least not as many as one would suspect.

 

Many employers are actively looking for motivated new team members during those exceedingly busy cycles—this aspect concerns the lack of workforce, especially in sales, IT, or design. Particularly the IT sector is in dire need of supporting its websites’ overload with additional personnel. Applying ahead of a season like this can give you another advantage over latecomers.

 

Investing Ahead of Time

Although this sounds relatively straightforward, the proposal here is that the stock market is expected to be very volatile during such days. Paying attention to some companies’ stocks, whose products could very likely be in high demand during sales season, could prove lucrative. If you feel late for Black Friday in this regard, the Christmas season might be just far enough to apply this strategy successfully. The approach gains more traction the earlier you consider and finalise the investment.

 

Trading Foreign Exchange

Factually, all Forex brokers launch some kind of promotional initiatives during seasons like Black Friday. The secret is how to find the most reliable, profitable and advantageous ones.

 

You have to research the promotional conditions well. The track record of past events is indicative of a trustworthy broker, too. Usually, you can discover their offers around 1-2 weeks before the event.

 

‘In the financial market, such as Forex, these “promotional” periods apply, too. When we devise technical analysis at such a time, we do it by a method called “seasonal analysis”,’ explains the recipient of the Most Popular FX Trainers in Malaysia award, Kar Yong Ang.

 

Likely, your favourite currency pair or the most popular one on the market has some great and unique conditions in terms of special spread or leverage offers. This holds true not only for classical fiat currency pairs but also for the relatively novel market of cryptocurrencies—especially the ones paired with bitcoin (BTC).

 

Take Advantage of Retail Prices

This option might be obscure since it actually represents the act of purchasing. But again, the more you research the offers, the better chance you’ll have at catching the best retail price for an item you would’ve purchased anyway. This strategy becomes even more powerful if you consider the well-observed fact that an item usually increases in price after the Black Friday season compared to before the season.

 

The Top Forex Analyst in Asia by WikiFX of 2019, Kar Yong Ang, highlights: ‘Implementing a traditional business plan, you could buy certain goods beforehand, only to sell them at a considerably higher price after the season. Leveraging on such promotions can generate decent sales and thereby profits’.

 

Once again, if the current discount extravaganza has left you unsure about your timing, don’t forget about the upcoming Christmas season. In terms of buying goods, it often even surpasses the Black Friday conditions.

 

Sometimes Not Spending as Much Money Amounts to Having Earned it

If you saved money on a purchase, then this could be considered earning.

 

Buying products, stocks, real estate, or currencies should never be emotional. When money is involved, you should implement a patiently pre planned strategy. Proceed according to this framework and try to avoid impulsive buying. Purchasing by impulse can make you end up at a loss.

 

Financial expert Kar Yong Ang agrees and adds, ‘I will usually wait for my purchases’ discount during those days since we are talking about up to 40% off the original price’.

 

So the critical point manifests notably in the trader community—developing and holding on to this psychological discipline enriches your overall spending strategy. It becomes even more crucial during the whole sales season. Thus, invest enough time in personal development, and if something goes wrong during the plan implementation, do not worry.

 

Gero Azrul, who won the Traders Awards Malaysia 2020 award, further extends this piece of advice: ‘You should consider mistakes as part of a conscious training process towards greater financial sovereignty later’.

 

About OctaFX

OctaFX is a global broker that provides online trading services worldwide since 2011. It offers a state-of-the-art trading experience to over 6.6 million trading accounts worldwide. In addition, the company is well-known for its promotions and high service standards. OctaFX has won more than 45 awards since its foundation, including the Best ECN Broker 2020 award from World Finance and more recently the 2021 ‘Best Forex Broker Asia’ award and the 2020 ‘Most Transparent Broker’ award from Global Banking & Finance Review and Forex Awards, respectively. The company is well-known for its social and charity activity.

#OctaFX

Laos Has Fully Demarcated Borders with Three Countries

Laos borders

Laos has fully demarcated borders with three countries, with only two countries remaining incomplete.

Miss Grand Laos 2021 Arrives in Thailand for Pageant

Miss Grand Laos 2021
Ms. Daomixay Pachansitti


Miss Grand Laos 2021, Ms. Daomixay Pachansitti, arrived in Phuket, Thailand on Tuesday to compete at the 9th Miss Grand International pageant early next month.

Laos Confirms 999 New Cases of Covid-19

Laotian Times Covid-19 Update


Laos has recorded 999 new cases of Covid-19 across the country today.

SEACAD Helps Businesses Move Towards Digital Transformation, as an Industry Process Solutions Partner of Dassault Systèmes

SINGAPORE – Media OutReach – 22 November 2021 – SEACAD Technologies has been an Industry Process Solutions partner to Dassault Systèmes since 2020—a venture done in light of the global digital transformation trend. In the latter part of 2020, SEACAD has officially become a Customer Process Experience partner of Dassault Systèmes, a French corporation and a leading provider in the Product Lifecycle Management or PLM market. As an Industry Process Partner, the company is able to address, firsthand, the challenges being encountered by companies in multiple sectors. SEACAD now offers a robust portfolio comprised of 3D modeling applications, simulation applications that create virtual twins of products or production systems, social and collaborative applications, as well as information intelligence applications. With this goal and intent, SEACAD is inclined to support businesses of all sizes in their journey towards digital transformation.

With proven credibility and expertise in delivering smart and efficient design to manufacturing solutions to companies in various industries over the past 2 decades and counting, SEACAD Technologies Pte Ltd – SOLIDWORKS Singapore, is aiming high to be the leading industry solutions provider in Singapore for their key target markets – Medical Equipment, Industrial Equipment and High-Tech Industries, in the next few years.

CATIA, SIMULIA, and ENOVIA are amongst the most powerful solutions offered by SEACAD. The company helps by simplifying the process of product development and ideation, and by making the overall cycle achievable. Every business is unique, hence, SEACAD’s approach varies, ensuring a customized solution suitable to your business needs and challenges is provided.

 

Since its venture with the French software giant, SEACAD has been scaling new heights—opening new opportunities to businesses and bringing them into an ecosystem that fosters game-changing ideas and accelerates innovation. The features and capabilities made available by these solutions allow teams to complete product assessment seamlessly through a virtual universe that is accessible to all contributors in the working party. Not only do these offerings solve design challenges, but it also helps minimize cost while increasing productivity and efficiency.

Here are SEACAD’s offered solutions that bring success to companies’ PLM:

  • CATIA – CATIA is a very powerful 3D Modeling software and it is more than just that. It is a multi-platform software suite for computer-aided design (CAD), computer-aided manufacturing (CAM), computer-aided engineering (CAE) and PLM. With CATIA, the client can create a mock product through a smart model that will mimic its real-life behavior. System architects, engineers, designers, and construction experts can experience a design process that is more defined, imaginative, and closely shaped to the real world.
  • SIMULIA – The technology foundation of SIMULIA, began with the Abaqus acquisition in 2005, combining it with the original CATIA Analysis features.
    Since then, SIMULIA’s portfolio has accelerated, incorporating best-in-class technologies, from structures to multi-body dynamics to electromagnetics, computational fluid dynamics, vibro-acoustics, and more. SIMULIA applications make the process of performance evaluation smoother, cost-efficient, and more accurate. With its smart features, one can determine and validate the reliability and safety of any product, even in the most complex scenarios, real-time without having to commit and spend on physical prototypes right away.
  • ENOVIA – ENOVIA revolutionizes product life cycle management itself. It enables secure collaboration with a broad portfolio of technical and business applications for all users across an enterprise. This allows for real-time progress tracking and continuous optimization with compliance to standards and regulations so that businesses can provide transformational products and magical experiences to their customers.
    This solution is most suited to businesses in disciplines that profit from creating product variants with fewer parts. Those that that deal with construction equipment and machinery will benefit well from the software. ENOVIA also detects trends that are crucial to every business in varying sectors.

Today, SEACAD adds significant value to these software solutions by rendering a follow-through of their distinct services: technical support, on-boarding training, integration, implémentation, and consultation services, all of which are backed by decades of experience from operating as a leading SOLIDWORKS Business Partner in Singapore. SEACAD addresses industry-specific hurdles by integrating tools that transform businesses for the best.

The strategic outlook of SEACAD is connected to its core: its clients and partners. Through the 3DEXPERIENCE platform that the company offers, SEACAD aims to provide a sustainable solution that will ultimately target and end challenges that majority of companies in the ecosystem struggle with. From design and engineering, to manufacturing, production, simulation, governance, and collaboration, SEACAD presents as a one-stop provider of perceptive business solutions in the market. 

About SEACAD

Founded in 1998, SEACAD Technologies first launched SOLIDWORKS in Singapore, quickly becoming the marketplace leader in 3D Mechanical Engineering Design–a position which we still hold today. Over the last 20 years, we have carefully expanded our SOLIDWORKS and Partner Products portfolio. Today, SEACADs customers are provided with the most comprehensive and fully integrated solutions. With our experience and expertise, we are able to ensure that the products we provide meet and exceed client expectations.

Our SOLIDWORKS and Partner Solutions encompass a wide range of Engineering disciplines including 3D Mechanical and Electrical & Electronic Design, Piping, Finite Element Analysis, CNC Manufacturing, Additive Manufacturing, Documentation, Data Management, and many more.

Transform your business today. Contact SEACAD for a free business consultation at www.seacadtech.com

#SEACAD

Amazon Fresh to deliver frozen & chilled products with 100% recyclable drinking water bottles

  • Frozen recyclable water bottles replace gel packs to maintain the freshness of frozen & chilled Amazon Fresh products
  • Singapore will be the first country in Asia where Amazon will deploy this packaging innovation

SINGAPORE – Media OutReach – 22 November 2021 – Amazon (NASDAQ: AMZN) today announced that it will deliver all frozen & chilled products ordered on Amazon Fresh with recyclable frozen water bottles in Singapore. The island will be the first country in Asia where Amazon will introduce this packaging innovation as it continues to improve the overall customer packaging experience by minimizing waste.

 

All orders which include frozen & chilled products such as meat, seafood, ice cream and more, will be accompanied by a frozen water bottle instead of a gel pack used to maintain the freshness of these products. The 100% recyclable bottles contain packaged drinking water that can be used to drink, cook and water plants. After consuming the water, these bottles can be dropped in blue recycle bins found conveniently across the country.

 

As demand for recycling options continue to grow, the replacement of gel packs with 100% curbside recyclable frozen water bottles will be a more convenient solution for Amazon customers. At scale, these small enablers will go a long way in contributing to Singapore’s sustainability efforts.

 

We know that Singaporeans are increasingly incorporating more sustainable measures in their day-to-day lives. The switch to frozen water bottles underwent extensive testing and research to create the right solution for Singapore’s hot & humid weather. They have proven to provide the same cooling effectiveness as the original gel packs. On top of that, frozen water bottles have also been tested extensively through the entire last mile journey to ensure that the integrity of the packaging and freshness of products are not compromised. As conscious corporate citizens, we are cognizant of the need to continuously work on our processes to use more sustainable packaging and this is a step in that direction. It has been humbling to create a solution that enables customers to easily recycle a part of their Amazon package” said Manuel Berbuer, General Manager – Operations, Amazon Singapore.

 

Playing a significant role in helping to reduce the sources of human-induced climate change is an important commitment for Amazon. In its 2020 sustainability report, Amazon revealed that it was the world’s largest corporate purchaser of renewable energy, taking another step in its journey to power global operations with 100% renewable energy by 2025. As part of its efforts to create more sustainable packaging, the company is working with vendors and suppliers to enable ‘Ship in its own container’ solutions and reduce the volume of packaging used to deliver products.

 

Over 200 organizations have signed The Climate Pledge, a commitment co-founded in 2019 by Amazon and Global Optimism for signatories to be net zero carbon across their businesses by 2040 – a decade ahead of the Paris Agreement’s goal of 2050. The Climate Pledge builds on Amazon’s long-term commitment to sustainability, through existing programmes like Shipment Zero, its vision to make all Amazon shipments net zero carbon, with 50% of all shipments net zero by 2030. More information here.

 

Click here to download & use videos on this packaging innovation.

 

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth’s Most Customer-Centric Company, Earth’s Best Employer, and Earth’s Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit Amazon.sg.

#Amazon