Blockchain
Memeunity Builds a Second Company to Improve Revenue
Dover, Delaware–(Newsfile Corp. – October 21, 2021) – The Memeunity team is pleased to announce the creation of a second company to the general public in a bid to bolster its revenue generation model. Memes were previously seen as a fun-only means of expression and nothing more. However, the team hopes that the emergence of Memeunity (MU) will change their users’ perception about memes ― the fact that they can make money and laugh while at it.
(A Memeunity media asset)
To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/8325/100451_memeunity.jpg.
MU is the world’s first interactive social media platform of its kind. This means that its users do not have to interact with anyone as they would on traditional social media platforms. Thanks to the integration of blockchain, users on their platform can interact with other members of the Memeunity community without necessarily having to know each other’s information unless mutually requested. A close substitute to that would be a Memo, something similar to a bio. In this situation, users get to craft a message that best describes the personality they intend to maintain.
For Content Creators
Memeunity serves content creators in a way that is atypical of social media platforms. Content creators are tasked to meet a long list of demands that can potentially influence the message that they intend to pass. To create a fair environment for all users of Memeunity, the leadership team integrated the “double algorithm” feature. The first algorithm classifies content according to the manner of language used, and the second one distributes ads across the different content categories.
Why Memeunity?
We are Memeunity because we understand that there’s unity in decentralization. This is one of the ways we show you that we do not care about you, but we do. We do not care about you enough to want or sell your data, and we care about you enough to respect your privacy.
Contrary to the general misconception that blockchain products and solutions are somewhat technical, the MU team did ensure that users have an easy time on their platform thanks to their intuitive and interactive user interface. Other perks include a dynamic content feed, consistent reward system, meme categories, etcetera.
So What Happened?
In trying to keep with the promise of a consistent reward system, the Memeunity team saw a future where the reward system could not be sustained. For this reason, they have set up a second company (Yarloo) intending to avoid all the mistakes they made with Memeunity. So far they have raised about $2 million with this second company, twice as much as they did with Memeunity.
Yarloo is built with a potent business model to generate revenue which will ultimately resuscitate Memeunity and create the future they envisioned and promised. The Memeunity team remains focused on ensuring they maintain the user-friendly, data-respecting, and privacy-inclined community they have been from day one.
About Memeunity
Memeunity is an interactive community that is very different from the typical social media but aims to entertain users. They describe themselves as a group of “lunatics” who saw a future for interactive social media and took it. Their idea of integrating a social network of memes with blockchain technology was so good that they raised a million dollars from investors. Memeunity is based in Delaware, United States (to be relocated to St. Vincent & The Grenadines for future legal concerns).
Contact Information
Company Name: Memeunity
Contact Name: Eyad Khaled
Phone number: +2001289749608
Email Address: mailto:[email protected]
Website Link: https://memeunity.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/100451
Blockchain
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Blockchain
This Week in Finance News: 11 Stories You Need to See
With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.
The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.
- Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few. - Cardinal Health announces two strategic additions to its portfolio
Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash. - BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems. - Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
“I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands. - Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately. - PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
- Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
- Finaya Unveils Nationwide Homeownership Platform
From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient. - GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too. - GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics. - Most US shoppers are encountering generative AI while shopping without realizing it
A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.
For more news like this, check out all of the latest finance-related releases from PR Newswire.
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