Blockchain
The Palm Beach Hedge Fund Association Announces A Strategic Partnership With International Law Firm Ogier
Palm Beach, Florida–(Newsfile Corp. – July 8, 2022) – The Palm Beach Hedge Fund Association is pleased to announce a strategic partnership with international law firm, Ogier.
“We are thrilled to partner with such a prestigious and respected firm as Ogier. The firm’s wide ranging global financial practice areas and expertise are an ideal fit for our membership & network. I look forward to working with and introducing Ogier’s knowledge & skills to our members,” stated PBHFA’s founder, David S. Goodboy.
James Bergstrom, the head of Ogier’s investment funds team in the Cayman Islands added: “As a firm, we pride ourselves on our ability to provide commercial and practical advice to some of the world’s most prestigious hedge fund clients, as well as new-market entrants and emerging managers. South Florida is a rapidly developing financial hub and an exciting location for hedge fund managers and professionals, and we are delighted to be partnering the Palm Beach Hedge Fund Association, which works to support this growing community.”
About Ogier: Ogier provides legal advice on BVI, Cayman, Guernsey, Irish, Jersey and Luxembourg law. Our network of locations also includes Beijing, Hong Kong, London, Shanghai, Singapore and Tokyo.
Legal services for the corporate and financial sectors form the core of our business, principally in the areas of banking and finance, corporate, investment funds, dispute resolution, private equity and private wealth. We also have strong practices in the areas of employee benefits and incentives, employment law, regulatory, restructuring and corporate recovery and property.
Our corporate administration business, Ogier Global, works closely with Ogier’s partner-led legal teams to incorporate and administer a wide variety of vehicles, offering clients integrated legal and corporate administration services.
We have the knowledge and expertise to handle the most demanding and complex transactions and provide expert, efficient and cost effective services to all our clients. Our commercial understanding and experience of working with leading financial institutions, professional advisers and regulatory bodies enable us to add real value to our clients’ businesses.
About The Palm Beach Hedge Fund Association:
The Palm Beach Hedge Fund Association’s mission is to create a mutually beneficial deal making environment in the diverse financial climate of Palm Beach & South Florida via a series of live socials & educational events; as well as digital webinar production.
The PBHFA is a South Florida trade organization with global reach. Its members consist of active hedge fund managers/ professionals, ultra-high net worth investors, family offices, financial traders, investment bankers, academics, financial institutions, FOF’s, foundations, allocators, as well as the best of the best of service providers including third-party marketers, data providers, prime brokers, administrators, auditors, lawyers, risk managers, and fintech firms.
Media Contact Details:
Name: Dave Goodboy
Email: [email protected]
Designation: CEO
Wesbite: https://pbhfa.org/
Source: Pinion Partners
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/130281
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Saakuru Leads the Gasless Blockchain Revolution, Disrupting the Industry
Saakuru has recently achieved significant milestones in its development, positioning itself as a leader in the gasless blockchain revolution that is reshaping the industry. Within just nine months of its launch, the consumer-centric L2 protocol has entered the top 5 brands in its niche and records over 1.44 million weekly users, according to data from DappRadar.
The project is gearing up for the official launch of its Saakuru token ($SKR) by the end of April, supported by a successful private funding round that raised $2.4 million. Saakuru Protocol stands as a pioneering advocate of gasless technology, aiming to accelerate the adoption of Web3 into the mainstream by enhancing the user experience and reducing costs for both developers and end users.
Unlike traditional blockchain networks, which often suffer from high gas fees and security issues, Saakuru Protocol leverages Oasys High-Speed Optimistic Rollups to create a public-permission, gas-less L2 blockchain. This innovative approach eliminates gas fees, improves user experience, and introduces new tokenomics models, enabling the development of versatile decentralized applications with higher security standards, cost-effectiveness, and ease of use.
The Saakuru token serves as a multi-purpose token within the protocol, providing utility and governance. Its advanced burning mechanism gradually reduces the token supply while potentially increasing its value. The token is integrated into all operational layers of the Saakuru protocol:
1. Developer Layer (Saakuru Labs): Provides products and services with proprietary business models, burning 10% of profits.
2. DeFi Layer (Taffy DEX): Utilizes Taffy DEX technology, where 0.005% of transaction fees are converted to SKR tokens and burned.
3. Governance Layer: Enables token holders to participate in protocol governance, with 5% of tokens used for governance initiating the review process being burned.
4. Protection Layer: In the event of triggering the protection mechanism, SKR tokens are burned, with 3% of saved tokens being burned.
Through these innovative features and layers, the Saakuru token and protocol aim to drive adoption, enhance functionality, and provide sustainable value for users and stakeholders alike in the evolving blockchain landscape.
Source: finance.yahoo.com
The post Saakuru Leads the Gasless Blockchain Revolution, Disrupting the Industry appeared first on HIPTHER Alerts.
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