Blockchain Press Releases
Monotype Launches a New Foundry Program, Designed to Empower and Scale the Type Community
- The Foundry Program gives type foundries and type designers greater visibility and an enhanced royalty model
- Over 1,000 foundries and type designers have already signed up to the Foundry Program pre-launch
WOBURN, Mass., Aug. 18, 2023 /PRNewswire/ — Type and technology specialist Monotype® has launched the Foundry Program – dedicated to empowering and scaling independent type foundries and type designers around the world. Over 1,000 foundries and type designers have signed up to the Foundry Program pre-launch.
Two years in the making, the Foundry Program has been launched by Monotype to further support the type design community with increased visibility to customers, a range of analytics tools and marketing features. The Foundry Program is free to join and designed to help partnering type foundries and type designers realize the full value of their creative IP. It includes an enhanced royalty model intended to provide Monotype’s type partners with a consistent, scalable revenue stream.
Monotype offers an unparalleled library of fonts including many of the world’s most iconic typefaces from over 4,500 independent type designers and foundries. These typefaces have the potential to be seen by over 100 million potential customers comprising designers, creatives and users through Monotype’s ecommerce platforms including Monotype Fonts. Monotype Fonts is the leading font license and management platform in the industry offered ‘as a service’.
Examples of Monotype’s customers and partners include Canva, Shopify, Picsart, Toyota, Nike, H&M, Samsung, Microsoft, Adidas, Ford, Tencent, Fuji PTC, Duolingo and Alibaba.
Partnering foundries and type designers on the Foundry platform will gain a dedicated, brandable page on MyFonts and Monotype Fonts, a new “business hub” analytics dashboard, self-service tools to easily upload and manage type designs, educational assets, and additional marketing support.
John Roshell, Design Director at Comicraft said, “Comicraft was honored to be one of the first few foundries included in the Monotype Fonts service, and since then it has become a wonderful option for our customers to be able to “try before they buy”, and design with the freedom of knowing that the licensing is covered. As part of the Foundry Program, we look forward to using the new reporting tools to gain new insights as to how customers like to use our fonts, and how best to expand and improve our catalog in the future.”
Luciano Vergara, Founding Partner of Latinotype said, “The equipment, technology and partnership with Monotype have been an important part of our success and we are excited to join the Foundry Program.”
David Kerkhoff, Founder of Hanoded said, “When I first started out as a fledgling foundry called Hanoded with just a few fonts to my name, Myfonts and Monotype embraced me and nudged me in the right direction. I am honored to be part of the Foundry Program and look forward to a fruitful and creative partnership.”
Monotype’s network of independent type foundries and type designers has grown over 30% over the last 3 years. In a 2022 Monotype survey of 433 independent type foundries, half the respondents (50%) revealed that the royalties paid to them by Monotype represented 50% or more of their total revenue. For almost a quarter of foundries (24%), Monotype royalties represented 75% or more of their total revenue.
The Foundry Program will help the independent type community respond to rapidly changing customer needs and wider trends in the design software industry. As of 2022, the value of the global Font and Typeface market was estimated at USD 1.05 billion and is anticipated to reach USD 1.32 billion by 2028.
While the market for quality type is strong and growing, common customer challenges include time spent searching for fonts across different websites; managing tens – sometimes hundreds – of individual perpetual font licenses; sharing fonts and forecasting the total cost of type within the business; and ensuring brand consistency globally. As a result, many companies now prefer to access an extensive library of quality fonts via a single end-user license agreement.
Mary Catherine Pflug, Director of Partner Product and Operations at Monotype said, “After two years of extensive research, planning, user experience design, foundry platform development, and testing, we’re tremendously excited to launch the Foundry Program globally. Over 1,000 independent foundries and type designers have already signed up for the program pre-launch. As part of the program, their fonts are included in Monotype Fonts to reach more customers, they benefit from new marketing, merchandising, and business analytics tools, and earn additional income from our new royalty model designed for fonts sold in our subscription offerings. Our goal is to grow the market for high-quality independent type and make sure that the people and businesses creating type are rewarded for the value they bring to commerce, culture, and creativity.“
Ninan Chacko, CEO of Monotype said, “Monotype is committed to raising the value of typography across the world. Providing enhanced tools, technology, insight, education, and support for our foundry partners is critical to this mission. We are thrilled to launch the Foundry Program to help get their typefaces in the hands of even more creative professionals around the world.”
More information on the Monotype Foundry Program here.
For foundries with questions about joining the Program contact us.
About Monotype
Monotype creates brands that matter with type, technology, and expertise. The company partners with leading foundries to deliver the broadest inventory of high-quality typefaces in the world for our customers. Monotype Fonts is the leading font management platform in the industry and combines the world’s largest collection of award-winning type, the expertise of the most sought-after foundries and type designers and trusted and secure font management — all under a single agreement.
Further information is available at www.monotype.com.
Follow Monotype on Twitter, Instagram and LinkedIn.
Photo – https://mma.prnewswire.com/media/2188539/Monotype_launches_the_Foundry_Program.jpg
Logo – https://mma.prnewswire.com/media/1741762/4226569/Monotype__Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/monotype-launches-a-new-foundry-program-designed-to-empower-and-scale-the-type-community-301904512.html
DUBAI, UAE, Nov. 28, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, in collaboration with Blocks Scholes, released the latest weekly derivatives analytics report and uncovered signals indicating ETH’s rise above BTC in the past week.
Fueled by news of current U.S. SEC Chair Gary Gensler’s departure at the end of the Biden administration’s term, ETH performance has positively surprised investors. In particular, open interest in ETH perpetual has been on the rise. Several large-cap altcoins also benefited from Gensler’s announcement, anticipating less scrutiny upcoming January.
Key Insights:
ETH outperformed BTC in open interest: Perpetual swap data has seen a gradual decline in BTC open interest while ETH contracts increased. ETH has also been taking a bigger share of daily trading volumes in the past 6-month time frame despite an overall slower market this week. The optimism could be attributed to hopeful investors’ expectation of a more crypto-friendly SEC Chair after Gensler’s last day on Jan. 20, 2025.
BTC price in retreat: BTC price’s ebbing from the $100K mark has flattened the ATM volatility term structure, with short-tenor options dipping below 60%. This mirrors a pattern observed since the U.S. election. Lower realized volatility explains the drop, while open interest in calls and puts remains unchanged, demands for short-term options this week have stagnated.
ETH options – bullish sentiment in moderation: ETH options show slightly more bullish sentiment than BTC options. Markets have recalibrated after the post-election high, but call options remain in the lead in both trading volumes and open interests.
Access the Full Report:
Read the full report in context here.
#Bybit / #TheCryptoArk /#BybitResearch
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
Photo – https://mma.prnewswire.com/media/2569395/Bybit_x_Block_Scholes_Derivatives_Report_ETH_Outperforms_BTC.jpg
Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/bybit-x-block-scholes-derivatives-report-eth-outperforms-btc-302318387.html
GZIRA, Malta, Nov. 28, 2024 /PRNewswire/ — Popular iGaming content provider BGaming has secured a highly sought-after licence in Peru, marking a significant milestone in its expansion across LatAm.
BGaming’s technical system of gaming software and its engaging portfolio have been officially approved by the gambling regulator Mincetur, a national administrative authority which implements and oversees all aspects of online gaming and sports betting in Peru. By receiving the B2B certification, BGaming broadens its appeal with local licenced operators in the newly regulated market.
The licence also opens up more opportunities for BGaming to expand its business and strengthen its position in the wider LatAm region, where it has enjoyed significant attention in the last 12 months.
Marina Ostrovtsova, CEO at BGaming, said: “Securing the Peru licence marks a pivotal moment in BGaming’s global expansion. This certification not only strengthens our presence in Latin America but also underscores our commitment to bringing high-quality, immersive gaming experiences to new audiences.
“We are excited about the opportunities this will unlock, both in terms of growth and the reception of our slots in this new market.”
BGaming is a fast-growing iGaming content provider converting gambling into gaming. Thanks to an expert team and a player-driven approach, the studio creates innovative and engaging products featured on reputable platforms and 1,000+ online casinos worldwide. BGaming is the world’s first to support cryptocurrencies and offer Provably Fair games. Today the brand’s portfolio includes 100+ products with HD graphics and a clear user interface for every device. The studio is also known for its brand exclusives created in partnerships with leading operators in the industry.
Photo – https://mma.prnewswire.com/media/2568807/BGaming.jpg
View original content:https://www.prnewswire.co.uk/news-releases/bgaming-awarded-peru-supplier-licence-302317696.html
TAIPEI, Nov. 28, 2024 /PRNewswire/ — KryptoGO, a leader in Web3 financial infrastructure, has taken another groundbreaking step to ensure unparalleled user and enterprise safety by completing a rigorous security audit aligned with industry-leading methodologies. This milestone solidifies KryptoGO’s position alongside globally trusted platforms like 1Password, Metamask, and Trust Wallet, known for their exceptional security standards.
The audit, conducted with methodologies comparable to those used for 1Password—a benchmark in secure password management—focused on ensuring KryptoGO’s mobile applications, backend systems, and API endpoints meet the highest security standards. 1Password’s robust security features, such as end-to-end encryption, zero-knowledge architecture, and constant vulnerability testing, serve as the foundation for KryptoGO’s enhanced protection framework.
Demonstrating Excellence in Cybersecurity
KryptoGO has consistently showcased its expertise in security through achievements in prominent cybersecurity competitions and hackathons. Recognized for exceptional performance in events like 2024 BlazCTF, ETH Tokyo Hackathon, and ETH Taipei Hackathon, KryptoGO has solidified its reputation as a trusted innovator.
This audit marks another significant step forward, addressing potential vulnerabilities and reaffirming KryptoGO’s ability to safeguard user assets in an increasingly complex Web3 landscape. Notably, the findings resulted in a 50% reduction in vulnerabilities compared to prior assessments, demonstrating tangible progress in security hardening.
Why Security in Web3 Wallets Matters
In the Web3 ecosystem, wallets act as critical gateways, holding sensitive keys that grant users exclusive control over their digital assets. A single security lapse can lead to catastrophic consequences, including the loss of assets and the erosion of user trust.
Recognizing this, KryptoGO employs a multi-layered approach to private key management, ensuring the highest levels of security and reliability for its users:
- Device-Level Encryption: Private keys are encrypted with a Device Encryption Key and securely stored in the device’s protected environment (Keychain for iOS and Keystore for Android). Access to these keys is tightly controlled through biometric authentication, preventing unauthorized access.
- Password Protection with Argon2: For users who opt for password backups, KryptoGO utilizes Argon2-HMAC-SHA256 with 310,000 iterations to derive an Account Unlock Key (AUK). This industry-standard process, aligned with NIST guidelines, offers robust resistance to brute-force attacks while ensuring compatibility across a broad range of devices.
- Cloud Backup with Shamir’s Secret Sharing: To enhance convenience and accessibility, KryptoGO employs Shamir’s Secret Sharing Scheme (SSS) for password-free cloud backups. This approach splits private keys into multiple fragments (Key Shares) stored across diverse platforms like iCloud and Google Drive. Restoration is possible with any two fragments, ensuring data availability without compromising security.
These measures collectively address the most critical challenges in wallet security:
- Token Integrity: Robust lifecycle management prevents impersonation or unauthorized access.
- Advanced Encryption Standards: Sensitive wallet data and transactions are safeguarded by cutting-edge cryptographic techniques.
- Resilience Against Data Loss: Diverse and secure backup options ensure users can recover their wallets without fear of permanent loss.
- Access Control Enhancements: Multi-layered authentication mechanisms safeguard accounts.
- Secure APIs: Backdoor vulnerabilities and information leaks are actively prevented.
Results That Build Trust
The rigorous Cure53 audit, leveraging white-box and gray-box penetration testing, verified KryptoGO’s resilience against security threats. Cure53’s global reputation for securing critical systems further amplifies the credibility of KryptoGO’s security achievements. The resolution of key vulnerabilities identified during the audit, including token mismanagement and API access concerns, reflects KryptoGO’s dedication to continuous improvement and operational excellence.
Raising the Bar for Web3 Security
By achieving security certifications on par with 1Password and other leading platforms, KryptoGO has set a new benchmark for wallet safety in the Web3 era. These advancements empower users to confidently manage their digital assets while positioning KryptoGO as the trusted partner for enterprises seeking high standard and scalable blockchain solutions.
About KryptoGO
KryptoGO is a pioneer in Web3 solutions, providing secure, compliant, and user-friendly wallet services. Focused on stablecoin payment infrastructure and asset management, KryptoGO empowers businesses to seamlessly transition into the decentralized economy, backed by cutting-edge technology and industry best practices.
For more information on how KryptoGO can support your Web3 business needs, please visit www.kryptogo.com or contact us directly.
Media Contact: [email protected]
Learn more: www.kryptogo.com | X | LinkedIn
View original content:https://www.prnewswire.co.uk/news-releases/kryptogo-leads-the-way-with-top-tier-wallet-security-standards-302318212.html
-
Blockchain Press Releases4 days agoRequest Finance acquires Pay.so Lithuania; launches revolutionary one-click crypto/fiat payment solution.
-
Blockchain3 days agoFormer MD of SUI Foundation, Greg Siourounis, Joins xMoney Global as Co-Founder and CEO to build MiCA-Regulated Stablecoin Platform
-
Blockchain4 days ago
The GAM3 Awards 2024 Winners Announced
-
Blockchain2 days ago
DYOR Labs Unveils Advanced Blockchain-Powered Analytics and Trading Tools
-
Blockchain5 days agoBybit and DMCC Crowned 5 Blockchain Projects in MENA’s Largest Web3 Hackathon
-
Blockchain Press Releases2 days agoPhoebe Peng Appointed Managing Director of Crypto Content Creator Campus
-
Blockchain Press Releases2 days agoHPOS10I Lands on ByVotes to Get Community Backing for Bybit Listing
-
Blockchain4 days agoBybit Launches bbSOL Virtual Card, Bridging Solana Ecosystem with Innovative Features
