Blockchain
Peruvian Presidential candidate serves as chairman of Fight to Fame BMS Peru committee
Peruvian presidential candidate Andres Hurtado is joining in the promotion of Fight to Fame. As Chairman of the Peruvian Committee of Fight to Fame BMS, he calls on Peru’s No.1 mysterious heavyweight champion to compete in an unprecedented fight on the day of the Fight to Fame BMS action star reality show FF Token went public.
On February 15, 2020, Peru’s presidential candidate and influential TV host, Fight to Fame BMS Peru Committee Chairman, Andres Hurtado, promoted and hosted the most influential TV show in Peru. Also invited were Tim, Chairman of the Operation Committee of Fight to Fame BMS, Aaron, Chairman of the European Committee of Fight to Fame BMS, May, Fight to Fame BMS action star reality show FF Token Global Image Ambassador. Fight to Fame BMS’s original profit model and application scenarios, and Fight to Fame BMS action star reality show FF Token limited sale were released in Peru. It was promoted to 45 million TV viewers in Peru.
It is worth mentioning that after presidential candidate Andres became the chairman of the Fight to Fame BMS Peru Committee, he invited the Peruvian No.1 Boxing Champion and the Fight to Fame team to enter the studio to share Fight to Fame BMS’s launch in Peru. After the No.1 boxing champion heard it, he excitedly said on the TV show: “I Fight to Fame, I love FF Token!“
Andres and the No.1 boxing champion called on all sports players in Peru country to register. Fighters who appear in the Fight to Fame BMS event have an opportunity to act in Hollywood action movies. At the same time, FF Token fully adopted a decentralized voting mechanism at the event to realize token for tickets purchase, redemption of derivatives. They have received enthusiastic viewing and enthusiastic response from Peruvian TV viewers, sports fans and movie fans.
Andres Hurtado has been engaged in television media work in Peru for 31 years. During the show, Andres received the attention of 17.5 million people around one third of the population in Peru with his unique humor and wisdom. His show is watched by 6.8 million viewers throughout Latin America. Andres is undoubtedly the most successful, best-known and most influential host in Latin America.
Andres is also a presidential candidate in Peru. He often said: “I am a poor man. I succeeded through the knowledge I worked hard. The purpose of running for president is to give the poor like me the opportunity to change their fate.“
“Now as the Chairman of the Peruvian Committee of Fight to Fame BMS, I want to use the FF Token in my hand to help these poor people, so that each of them will have the opportunity to learn about Fight to Fame BMS and know the Fight to Fame action star reality show.”
“I have been in the media for a long time, interviewed many of the world’s most famous wealthy merchants, cryptocurrency bosses, and made good friends with them. I think that among more than 5,000 cryptocurrencies around the world, If FF Token is compared with any one, don’t say one, even one hundred, five hundred in total compared with FF Token in terms of application scenario, profit model, value of FF Token, it is not difficult to find out who is the fighting hero. So I like Fight to Fame BMS very much, I love FF Token very much. I must bring the FF Token to my country, Peru, so that my friends and my audience, as well as my people, have the opportunity to hold FF Tokens.”
Andres continued: “In the global cryptocurrency industry, how can the Fight to Fame BMS action star reality show FF Token become such a hot purchase in many countries without going public? The main reason is cryptocurrency projects in other regions of the world are not popular in Latin America. And FF Token completely broke this bottleneck. FF Token recruits global participants through the Fight to Fame BMS action star reality show regardless of race, language, and national boundaries, and uses blockchain technology smart contracts to create a decentralized voting mechanism to completely solve the relationship of people and events, the relationship between people and movies, completely solving the limitations of regional global circulation of cryptocurrencies and the construction of community swimming pools.”
Andres said: “Now I will bring the best business model in the world to Peru, and invite the most unexpected mysterious boxers to compete on the day of the Fight to Fame BMS action star reality show FF Token. In this century showdown, the exclusive use of FF Tokens for ticket purchases, brand derivative exchanges is to celebrate the official listing and successful launch of FF Tokens. This will surely detonate the whole of Latin America, and compete in the participation millions of boxing fans. At the same time, I will personally appoint the winning boxer as Fight to Fame BMS Peru Committee Champion Ambassador, and I will also personally award him the Fight to Fame gold belt, starring in a Hollywood action blockbuster.”
Fight to Fame BMS Chairman of European Committee Aaron said excitedly: “I am very excited, our Fight to Fame BMS action star reality show project has received warm response from local partners like Andres in nearly ten countries and regions, FF Token pre-sale has already signed out over 70% of the total. It is conceivable that once the FF Token is listed, it will run healthy and further receive the support of many boxing fans and movie fans worldwide.“
Fight to Fame BMS FF token global image ambassador May said excitedly: “I love Latin America very much, and this time I was on Peru ‘s most successful TV show to promote the unique business model of Fight to Fame BMS to the people of Peru.”
Fight to Fame BMS CEO of Peru Committee Qingshan said with excitement: “As the CEO of Fight to Fame BMS Peru Committee, Fight to Fame BMS action star reality show has signed contracts to explore nearly 10 countries and regions, and announced the first phase of cooperation in Countries and regions support cryptocurrency are full. We are confident that in Peru, FF Token will become the most successful model of Fight to Fame BMS in the world in all aspects of promotion and application, consumption of events, circulation and settlement, as well as the application of gambling and entertainment platforms!“
SOURCE Fight to Fame
Blockchain
Supply Chain Finance Market Forecast to Reach $9.4 Billion by 2029: Increasing Emphasis on Sustainable Sourcing
Global Supply Chain Finance Market
Blockchain
Web3 Startups Raise Nearly $1.9B in Q1 2024 Despite Overall Downtrend in Crypto VC Interest
Venture capital funding for cryptocurrency and blockchain projects has seen a notable resurgence in the first quarter of 2024, marking its first quarterly rise since 2021. Crunchbase data released today indicates that Web3 startups secured nearly $1.9 billion in funding across 346 deals during this period. This represents a substantial 58% increase from the previous quarter, offering a glimmer of hope amidst the ongoing downward trend in overall crypto VC interest.
The recent surge in funding can be attributed to investors adopting a more long-term perspective on Web3, as opposed to the hype-driven “tourist investors” predominant in recent years. Chris Metinko, the author of the report, notes that investors are shifting their focus to the AI sector, indicating a change in investment strategy. There is a growing interest in supporting the foundational infrastructure of the decentralized internet, rather than solely concentrating on crypto wallets and lending platforms, which attracted significant investments during the peak period of 2021 to 2022.
While large funding rounds were relatively uncommon in Q1, several notable investments stood out. Exohood Labs, a company integrating AI, quantum computing, and blockchain, secured a remarkable $112 million seed round at a valuation of $1.4 billion. EigenLabs, an Ether token “restaking” platform, raised $100 million in a Series B round led by a16z crypto. Additionally, Freechat, a decentralized social network leveraging blockchain technology, secured $80 million in a Series A round. These investments, among others, contributed to the increase in valuations and the emergence of four new Web3 unicorns in Q1.
Despite the recent progress, the future trajectory of Web3 remains uncertain. Metinko suggests that the next few quarters will be pivotal in determining the industry’s direction. While investors anticipate a rebound in investment as the decentralized internet evolves, it may take another year for venture capital activity to stabilize after the exuberance of 2021. Factors such as the approval of U.S. spot Bitcoin exchange-traded funds and the upcoming Bitcoin halving could also influence the market, given the rising prices of Bitcoin and Ether.
A noteworthy example of significant funding in the Web3 space is Monad Labs’ recent successful funding round, which secured $225 million led by Paradigm. Monad Labs is a layer-1 blockchain compatible with Ethereum, offering faster transaction processing. This funding round harkens back to the golden era of crypto funding in 2021-2022, when L1 solutions attracted substantial investments.
Earlier this year, Balance, a digital asset custodian based in Canada, announced that it had once again reached $2 billion in assets under custody (AUC) amidst the recent market recovery. Similarly, Korea Digital Asset (KODA), the largest institutional crypto custody service in South Korea, has experienced remarkable growth in crypto assets under its custody, expanding by nearly 248% in the second half of 2023.
Analysts at Bernstein Research project that crypto funds could reach an impressive $500 billion to $650 billion within the next five years, representing a significant leap from the current valuation of approximately $50 billion. This forecast underscores the growing optimism and potential for substantial growth within the crypto industry in the coming years.
Source: cryptonews.com
The post Web3 Startups Raise Nearly $1.9B in Q1 2024 Despite Overall Downtrend in Crypto VC Interest appeared first on HIPTHER Alerts.
Three blockchain mining companies – NGS Crypto, NGS Digital, and NGS Group – along with their directors, Brett Mendham, Ryan Brown, and Mark Ten Caten, are facing legal action from the Australian Securities and Investments Commission (ASIC) for allegedly operating without a license, in violation of Australia’s Corporations Act. ASIC initiated legal proceedings against these entities on April 9, citing concerns about their non-compliance with financial regulations and their solicitation of Australian investors.
According to ASIC, the NGS companies promoted blockchain mining packages with fixed-rate returns to Australian investors, encouraging the transfer of funds from regulated superannuation funds to self-managed superannuation funds (SMSFs) for conversion into cryptocurrency. Approximately 450 Australians invested a total of around USD 41 million in these packages, raising concerns about potential financial losses.
The legal action filed by ASIC alleges that the companies violated section 911A of the Corporations Act, which prohibits companies from providing financial services without a valid Australian Financial Services Licence (AFSL). ASIC is seeking interim and final court orders to prohibit the NGS companies from offering financial services in Australia without an AFSL.
ASIC Chair Joe Longo emphasized the importance of investors carefully considering the risks before investing in crypto-related products through their SMSFs. Longo stated that ASIC’s actions send a message to the crypto industry about the regulator’s commitment to ensuring compliance with regulations and protecting consumers.
In a separate development, the Federal Court appointed receivers for the digital currency assets associated with the NGS companies and their directors to safeguard these assets amid concerns about the risk of dissipation. Mendham was also issued a travel restriction order, preventing him from leaving Australia.
While a court date for the proceedings has not been set, ASIC’s investigation is ongoing, with the regulator continuing to gather evidence and build its case. It is worth noting that the investigated companies share a similar name with NGS Super, a legitimate Australian pensions provider, leading to potential confusion among investors. NGS Super clarified that it is not involved in selling cryptocurrency or related products and has taken legal action to protect its trademark and members’ interests.
Source: iclg.com
The post ASIC cracks down on blockchain mining firms appeared first on HIPTHER Alerts.
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