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Blockchain Press Releases

Monotype Launches a New Foundry Program, Designed to Empower and Scale the Type Community

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  • 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.

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Blockchain Press Releases

Flash News: OKX Introduces Exclusive ‘Babylon Pioneer Pass Event’ in Collaboration with Babylon, Offering Free Pioneer Pass NFT Minting for the First 100,000 Users Who Stake on Babylon Testnet

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SINGAPORE, March 2, 2024 /PRNewswire/ — OKX, a leading Web3 technology company, has issued updates for March 2, 2024.

OKX Introduces Exclusive ‘Babylon Pioneer Pass Event’ in Collaboration with Babylon, Offering Free Pioneer Pass NFT Minting for the First 100,000 Users Who Stake on Babylon Testnet

OKX today announced the launch of its ‘Babylon Pioneer Pass Event,’ giving users who access the Babylon Testnet and stake any amount of Signet Bitcoin (sBTC) the opportunity to claim Babylon’s Bitcoin Pioneer Pass NFT. To qualify for a spot, users must access the Babylon Testnet and stake any amount of Signet Bitcoin (sBTC).

The event kicks off on February 28 and continues until March 6. Following the event, starting from March 7, participants who have been whitelisted will have the ability to mint their Bitcoin Pioneer Pass NFT using the OKX Wallet and their whitelisted address.

The process of participating in this event is straightforward and involves the following steps:

  1. Firstly, users will need to prepare by setting up their OKX and Keplr Wallets. These wallets will be crucial for interacting with the Babylon Testnet and the subsequent claiming of sBTC and BBN.
  2. Following the wallet setup, users can then claim the sBTC and BBN on Babylon’s Official Discord. These tokens will be needed for staking in the Babylon Testnet.
  3. Finally, users will need to access Babylon’s official website, where users can actively engage, stake their tokens and claim their whitelist spots.

Participation in the event offers a multitude of benefits. Users can engage actively with the Babylon Testnet, which in turn enhances their understanding of the Babylon protocol and its functionalities. Furthermore, participants contribute to the development and evolution of the Babylon protocol by being active users.

The ‘Babylon Pioneer Pass Event‘ is a result of OKX’s partnership with Babylon, a trustless Bitcoin staking protocol. The Bitcoin Pioneer Pass, Babylon’s first commemorative Non-Fungible Token (NFT), is a highlight of this event, representing a significant milestone for both OKX and Babylon.

For more information, please visit the OKX Support Center.

About OKX

A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:

  • OKX Wallet: The world’s most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includes MPC technology which allows users to easily recover access to their wallet independently, removing the need for traditional, ‘written down’ seed phrases. In addition, OKX Wallet’s account abstraction-powered Smart Account enables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.
  • DEX: A multi-chain, cross-chain decentralized exchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported.
  • NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.
  • Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.

OKX partners with a number of the world’s top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.

As a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled, The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.

To learn more about OKX, download our app or visit: okx.com

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Blockchain Press Releases

Bitget Wallet now supports the Blast Mainnet, pioneering full ecosystem support as a Web3 wallet

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VICTORIA, Seychelles, March 1, 2024 /PRNewswire/ — The globally leading Web3 trading wallet Bitget Wallet has now integrated support for the Blast Mainnet, making it the first all-in-one Web3 wallet for the Blast ecosystem. Users can effortlessly add and switch mainnets within the wallet with just one click, without the need for manual configuration. This integration enables users to manage, transfer, swap, and interact on one of the largest L2 launches in 2024.

Bitget Wallet has aggregated liquidity from mainstream DEXs within the Blast ecosystem, such as BlasterSwap and MonoSwap, into its Swap feature. This allows for mainnet token Swap transactions, providing users with convenient services for trading assets on the Blast blockchain.

During the Blast testnet phase, Bitget Wallet was among the first to offer support, unveiled a dedicated zone in its DApp page for Blast. This section featured over 40 elite projects from Blast’s Big Bang incentive program, enabling users to easily explore, interact, and potentially receive future airdrops in the Blast ecosystem. Following the launch of the Blast mainnet, Bitget Wallet plans to continue integrating popular projects from the Blast ecosystem, offering users extensive asset management features and a comprehensive ecosystem experience.

Bitget Wallet’s COO, Alvin Kan, highlights Blast as a Layer 2 solution with staking at its core, gaining market attention since launch. He says, “We’re committed to cutting-edge tech, lowering Web3 engagement barriers. Collaborating with quality mainnets like Blast, we aim to drive Web3 ecosystem growth.”

This week, Bitget Wallet engages with popular Blast ecosystem projects, exploring market traction, “Stake Layer 2” narrative, TVL enhancement strategies by staking and earning points, notable projects, and effective ways for users to participate in the Blast ecosystem upon mainnet launch. This provides users with valuable insights for meaningful ecosystem engagement.

Additionally, Bitget Wallet is organizing major events to support the Blast ecosystem, providing users with opportunities for discovering new assets.

About Bitget Wallet

Bitget Wallet stands as Asia’s largest and one of the world’s top non-custodial Web3 wallets, boasting over 19 million users globally. Featuring a comprehensive array of features including asset management, intelligent market data, swap functionality, launchpad, inscribing, DApp browsing, and more, Bitget Wallet promises users an unmatched multi-chain Web3 experience. Currently, Bitget Wallet supports over 100 blockchains, hundreds of EVM-compatible chains, and more than 250,000 cryptocurrencies. By aggregating liquidity across hundreds of leading DEXs and cross-chain bridges, Bitget Wallet is able to facilitate seamless and efficient trades on 40+ blockchains.

For more information, visit: Website | Twitter | Telegram | Discord

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Blockchain Press Releases

Cashback and Crypto: Bybit’s Monthly Bonanza

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DUBAI, UAE, March 1, 2024 /PRNewswire/ —Bybit, one of the world’s top three crypto exchanges by volume, now unveils March’s Fiat Cashback Splash for both fresh and seasoned users who make fiat deposits.

This effort celebrates both new and familiar faces within the Bybit fold. The “Fiat Cashback Splash” is part of Bybit’s pledge to be the world’s Crypto Ark, leading the way to the new financial system, and offering straightforward chances for anyone to get involved. Indeed, any crypto users, including newcomers, will be able to walk the crypto path with Bybit as a reliable ally.

“We aim to always offer more to our users, and the Fiat Cashback Splash is our latest move to improve their journey,” said Ben Zhou, Bybit’s co-founder and CEO. “The Fiat Cashback Splash is our way of saying thank you to our community, both old and new, for their trust and support.”

This event spans the first week of every month and any one of Bybit’s 20 million users who bring fiat to the table will see rewards. Newcomers putting down $100 through fiat or a single click buy will get up to $10 back on fees. Those already with Bybit, depositing $500 or more, will see $5 returned.

For the heavy hitters depositing over $5,000, Bybit adds a $30 Buy Crypto Coupon into the mix, widening the horizon for investment.

#Bybit / #TheCryptoArk

About Bybit

Bybit is a top-three cryptocurrency exchange by volume with 20 million users established in 2018. It offers 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

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