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iMining Enters into Agreement for the First-Ever Hospital Foundation to Be Launched in the Decentraland Metaverse

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Vancouver, British Columbia–(Newsfile Corp. – March 31, 2022) – iMining Technologies Inc. (TSXV: IMIN) (the “Company” or “iMining”), a publicly-traded Web3 company, is pleased to announce that its fully owned subsidiary, Metaverse Advisory Group (“MAG”) has entered into an agreement for a Metaverse based property with the Glenrose Rehabilitation Hospital Foundation (“Glenrose Foundation”).

Metaverse Advisory Group will collaborate with the Glenrose Foundation to secure a building name, design to build the property and produce NFTs, wearables and an immersive NFT Gallery on behalf of the Glenrose Foundation.

The Glenrose Foundation will open the doors of its Metaverse building in Manhattan, Decentraland’s most exclusive area, during Alberta Technology Symposium, which takes place from April 20th to April 21st, 2022. The dynamic gallery will feature avatars that will act as Glenrose Foundation’s team members, ambient sounds and custom fixtures throughout. Eventually the gallery will include a collection of NFT art created by patients using brain-computer interfaces.

“Manhattan is evolving into one of the key downtown destinations in the Metaverse. Recently, the Glenrose Rehabilitation Hospital Foundation announced it has become the first healthcare foundation in Alberta to accept donations in cryptocurrency,” commented Khurram Shroff, CEO of iMining Technologies and Metaverse Advisory Group. “The momentum that is being generated through these kinds of partnerships is evidence that the Metaverse and Web3 are changing how we use these emerging technologies for healthcare.”

This partnership was created by Metaverse Advisory Group, Manhattan Decentralized Autonomous Organization (“DAO”) and the Glenrose Foundation, which supports the largest free-standing, comprehensive tertiary rehabilitation hospital in Canada, serving patients of all ages who require complex rehabilitation to enable them to participate in life to the fullest.

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Mark Korthuis, President & CEO of the Glenrose Foundation added, “Technology and innovation are integral to how we support patients in achieving their goals. Being the first hospital foundation in the Metaverse aligns with our mission to fuel advancements in healthcare. We are proud to partner with Metaverse Advisory Group and Manhattan DAO as an avenue to connect our fundraising efforts across new audiences.”

The Property owned by Manhattan DAO, where the Glenrose Foundation will open its offices and virtual NFT Gallery, represents the equivalent of 16,000 SQFT of real estate that is being designed and developed for the Glenrose Foundation by the Metaverse Advisory Group.

The overall Manhattan Area represents the equivalent of 48 million square feet of developable real estate and is an exclusive downtown locality within the Decentraland Metaverse. The Manhattan DAO is a community of LAND owners in Decentraland Metaverse that proposes and votes on policy updates, development in the Manhattan Immersive Platform, auctions, whitelisting of NFT contracts to be allowed inside the Manhattan Immersive World and other items which the community deems relevant.

Hospital and Healthcare professionals interested in partnering with Metaverse Advisory Group should contact [email protected]

About the Glenrose Foundation

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The Glenrose Foundation is the largest free-standing, comprehensive tertiary rehabilitation hospital in Canada, serving patients of all ages who require complex rehabilitation to enable them to participate in life to the fullest.

The Glenrose Foundation provides innovative equipment, programs and technology to help patients at the Glenrose Rehabilitation Hospital recover, relearn life skills and rediscover their full potential. They work with the Glenrose Rehabilitation Hospital to identify what patients and staff need to enhance the rehabilitation journey through equipment, technology and research priorities.

For more information on the Glenrose Foundation, visit www.glenrosefoundation.com

About Manhattan DAO

The Manhattan DAO is a community of LAND owners in Decentraland Metaverse that proposes and votes on proposals the community deems relevant. Manhattan DAO uses two tokens: MHTN and SQFT. MHTN is a utility token that is used to acquire NFT SQFT Tokens. MHTN tokens can also be used to pay for a range of developable properties, avatars, wearables, names, and more on the Manhattan DAO marketplace.

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MHTN DAO Contract is: 0x3Ae962Fc1D3f2c4890237E4fE04dfe3a7EaB94e5.

For more information email: [email protected]

About Metaverse Advisory Group

Metaverse Advisory Group is a virtual NFT based real estate company that develops and manages a portfolio of Virtual properties in major blockchain-based Metaverses including Decentraland and The Sandbox. It operates unique services including virtual property development, property management, and assisting companies with future of work, virtual events and meetings, marketing and advertising in the Metaverse.

About iMining Technologies Inc.

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iMining is a publicly listed Web3.0 technology company developing technology for Crypto Mining, Decentralized Finance (“DeFi”) and Non-Fungible Tokens (“NFT”). iMining also owns BitBit Financial Inc., an ATM Network and crypto OTC Trading Platform for individual and institutions.

iMining investments are directly linked to the Bitcoin Mining, Crypto Trading, Decentralized Finance (“DeFI”) and Metaverse Non-Fungible Tokens (“NFTs”). With diverse blockchain investment and infrastructure solutions, iMining looks to be a leader in accelerating the growth of Web3.0 for the enterprise market. The Company’s operations include secure and sustainable cryptocurrency payments, staking, mining and digital asset investment designed for the scale and compliance requirements of institutional clients. iMining is committed to building strong global blockchain ecosystems and supporting inclusive access to digital tools and technologies.

ON BEHALF OF THE BOARD

Signed “Khurram Shroff
Khurram Shroff, President & CEO

FOR FURTHER INFORMATION, please contact:
iMining Corporate Offices:
Saleem Moosa, Director
Email: [email protected]
Telephone: 1-604-602-4935
Toll Free: 1-866-602-4935

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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains certain forward-looking statements, which relate to future events or future performance, and reflect management’s current expectations and assumptions, and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected including, but not limited to, market conditions, availability of financing, actual results of activities, future cryptocurrency prices, operating risks, and other risks in the cryptocurrency industry. All the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required by applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/118675

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Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Bybit Expands bbSOL Yield Opportunities Through Strategic DeFi Partnerships

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This Week in Finance News: 11 Stories You Need to See

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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.

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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.
  6. 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.
  7. 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.
  8. 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.
  9. 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.
  10. 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.
  11. 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.

Do you have a finance press release to distribute? Sign up with PR Newswire to share your story with the audiences who matter most.

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Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

  • Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.
  • Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.
  • Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.
  • Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

The post This Week in Finance News: 11 Stories You Need to See appeared first on .

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Blockchain

Fintech as a Service Market: A Comprehensive Trends Analysis Predicts a USD 1,329.12 Billion by 2032 CAGR: 17.4% | PMR

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