Blockchain Press Releases
Zilliqa announces the formation of Zilliqa Group
LONDON, Aug. 23, 2023 /PRNewswire/ — Zilliqa Research Pte. Ltd., developers of the high-performance, high-security, and low-fee Zilliqa blockchain, today announces the formation of the Zilliqa Group, an integrated group of businesses built to deliver vanguard Web3 and blockchain-based products and solutions. The Zilliqa blockchain will continue to serve as the core of the Group, providing world-class Web3 and blockchain infrastructure that underpins Group companies, as well as the thriving ecosystem of decentralised applications that comprise the wider Zilliqa ecosystem.
The transition to the Zilliqa Group will establish a unified structure across a range of key industry verticals, incorporating trusted solutions and innovative companies together with the resource base and team that continues to deliver world-class blockchain infrastructure at Zilliqa. Under the new framework, the Zilliqa Group will incorporate subsidiary companies under a single umbrella – including the recently spun-off gaming division, Roll1ng Thund3rz (RTz) – while creating a corporate framework for future soon-to-be-launched ventures across a range of verticals including the spatial web, loyalty, decentralised finance and more. The framework also emphasises the establishment of a unique services layer across the Group structure.
The Zilliqa Group’s transition will be overseen by a restructured board of directors. Mark Hemsley, transitioning from his Chairmanship of Zilliqa Research, will serve as the Chairman for the Zilliqa Group. The board will also feature the continued involvement of Zilliqa co-founder Juzar Motiwalla, who will retain his role as a Director.
Joining Hemsley and Motiwalla on the newly-formed board is Zilliqa co-founder Max Kantelia. Kantelia’s inclusion signifies a crucial development in the transition process, his expertise and successful track record of advising businesses – both inside the Zilliqa ecosystem and beyond – will be instrumental in guiding the future path of all of the businesses that comprise the newly formed Group. Kantelia’s addition will bring new opportunities and drive revenue growth across the Group in areas as diverse as luxury goods and corporate social responsibility.
The day-to-day corporate affairs and decision-making for Zilliqa Group will be streamlined with the formation of a CEO Office, intended to instil a federated approach to the Group’s governance. Group CEO Matt Dyer, Zilliqa CTO Richard Watts comprise the initial membership of the CEO Office, together with Sandra Helou, who has been appointed as the GCC lead for Zilliqa Group – the first formal commitment from the Group towards its expansion plans across the GCC region.
To find out more about Zilliqa Group, visit www.zilliqa.group
Speaking on today’s announcement, Mark Hemsley, Chairman of Zilliqa Group, said:
“The formation of Zilliqa Group signifies a landmark moment in our journey. By integrating our range of businesses, we are not only strengthening our position in a fast-moving and competitive space, but charting a new course that will see us spearheading advancements in the Web3 and blockchain spaces for many years to come.”
Also commenting, Matt Dyer, CEO of Zilliqa Group, said:
“With the inception of Zilliqa Group, we are casting a vision that goes beyond the current paradigms of blockchain technology. This transition is our pledge to every developer, innovator and user out there – that we will consistently pioneer, adapt and deliver solutions that don’t just meet the current demands of the market, but set new benchmarks for excellence for the entire industry.”
Co-founder of Zilliqa and new board member of Zilliqa Group, Max Kantelia, added:
“The expansive vision and mandate for the newly formed Zilliqa Group is one that resonates deeply with me – both personally and professionally. I’m excited about the opportunity to work closely alongside existing businesses within the Zilliqa ecosystem and help to grow our presence into all-new areas brimming with potential. Today marks the first step on our collective journey and I can’t wait to see the results that our unified approach brings as the Zilliqa Group.”
About Zilliqa Group
Zilliqa Group, formerly Zilliqa Research Pte. Ltd., provides world-class Web3 and blockchain infrastructure as its core. The Group’s mission is to facilitate industries, governments, and entrepreneurs’ seamless transition into Web3 and the spatial web, delivering secure and sustainable solutions that drive the creation of immersive products and experiences.
About Zilliqa Blockchain
Zilliqa is a high-performance, high-security, and low-fee layer-1 blockchain platform. Engineered by Zilliqa Group, the blockchain serves as a versatile foundation that facilitates a broad array of Web3 applications and services across a multitude of sectors, providing a robust platform for emerging developers and established enterprises alike.
View original content:https://www.prnewswire.co.uk/news-releases/zilliqa-announces-the-formation-of-zilliqa-group-301907940.html
Blockchain
MicroStrategy boosts Bitcoin holdings to 214,400 BTC with $7.8m purchase
MicroStrategy has increased its Bitcoin holdings to 214,400 BTC with a recent purchase of $7.8 million worth of the cryptocurrency. This move further solidifies MicroStrategy’s position as a major institutional holder of Bitcoin and demonstrates its continued bullish outlook on the digital asset.
MicroStrategy, a publicly traded business intelligence firm, has been actively accumulating Bitcoin as part of its treasury strategy, viewing the cryptocurrency as a long-term store of value and hedge against inflation. The recent purchase of $7.8 million worth of Bitcoin adds to the company’s already substantial holdings, reaffirming its confidence in the future potential of the digital currency.
MicroStrategy’s ongoing accumulation of Bitcoin reflects a broader trend of institutional adoption and investment in the cryptocurrency space. As more companies recognize the value proposition of Bitcoin as a hedge against economic uncertainty and fiat currency devaluation, they are increasingly allocating funds to acquire and hold the digital asset.
Overall, MicroStrategy’s decision to boost its Bitcoin holdings with a $7.8 million purchase underscores the company’s conviction in the long-term viability and potential of Bitcoin as a strategic asset. This move is likely to further encourage other institutions to explore Bitcoin as a component of their investment portfolios, driving continued growth and adoption in the cryptocurrency market.
Source: crypto.news
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Blockchain
Pollbits Redefines Crypto Trading Standards with Industry-Leading Features and Services
PollBits is redefining crypto trading standards with its industry-leading features and services. This platform is making waves in the cryptocurrency trading space by offering innovative solutions and setting new benchmarks for excellence.
PollBits stands out from other crypto trading platforms by introducing cutting-edge features and services that cater to the needs of traders and investors. By prioritizing user experience and functionality, PollBits is enhancing the trading experience and empowering users to make informed decisions in the dynamic cryptocurrency market.
PollBits’ commitment to excellence and innovation is driving its success and setting it apart as a leader in the industry. With its focus on providing industry-leading features and services, PollBits is positioning itself as a go-to platform for traders seeking a reliable and user-friendly trading experience.
Overall, PollBits’ redefinition of crypto trading standards underscores the rapid evolution and maturation of the cryptocurrency industry. As platforms like PollBits continue to push the boundaries of innovation, traders and investors can expect greater accessibility, transparency, and efficiency in cryptocurrency trading, ultimately contributing to the growth and adoption of digital assets worldwide.
Source: cryptonews.com
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Blockchain
Fantasy Metaverse Darklume – Presale is LIVE
The presale for Fantasy Metaverse Darklume is now live. This development marks a significant milestone for the project, signaling its progression towards launch and the realization of its vision for a fantasy-themed metaverse.
Fantasy Metaverse Darklume aims to create an immersive virtual world inspired by fantasy themes, offering users the opportunity to explore, interact, and engage with others in a digital environment. The presale phase represents an early opportunity for participants to acquire tokens associated with the project, potentially securing access to exclusive benefits or privileges within the metaverse once it is fully operational.
The launch of the presale underscores the growing interest in metaverse projects and their potential to redefine how people interact and socialize in virtual spaces. As the concept of the metaverse continues to gain traction, initiatives like Fantasy Metaverse Darklume are poised to play a significant role in shaping the future of digital experiences and entertainment.
The presale for Fantasy Metaverse Darklume represents an exciting opportunity for investors and enthusiasts to get involved in a promising project at an early stage. As development progresses and the metaverse evolves, participants can look forward to a new realm of immersive experiences and creative possibilities in the digital landscape.
Source: the-blockchain.com
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