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Blockchain

Energi Secures $50 Million Investment Commitment from GEM

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Security-focused blockchain, Energi (NRG) secures Investment Commitment for $50 million. This marks an important step forward for the organization which has until now sustained itself by self-funding, rather than having launched with a pre-mine or ICO. With this investment commitment, Energi is well-positioned to continue its growth and drive the adoption of its blockchain technology.

The commitment was led by the Bahamas-based GEM Digital Limited (GEM).

GEM Digital Limited is a digital asset investment firm. Based in The Bahamas, the firm actively sources, structures and invests in utility tokens listed on over 30 CEXs and DEXs globally.

Energi was launched during the bear market of mid-2018, and since then has rapidly built noteworthy technical infrastructure including innovative security protocols which disable criminal behavior, as well as multi-layer scalability. Energi is currently focused on launching their own NFT marketplace, which will be a major competitor to the likes of Opensea. While the problem of crime continues to worsen in the broader blockchain space – especially for NFTs, Energi is perfectly positioned for the market’s growth ahead.

Energi will use this new influx of capital to bolster the team behind its upcoming NFT marketplace and collections, as well as expand its other NFT-related products and services, build partnerships, and diversify its product suite.

“We are super excited to bring GEM into Energi, they are a powerful partner and will provide us enormous support for our upcoming NFT ecosystem!”.
–  Tommy Rostami, CEO

Tommy envisioned a blockchain-focused on user security and morally sound governance. His goal was to build Energi with the right foundations; being an eco-friendly blockchain with EVM-compatible smart contracts and scalable layer-2 technology built in. Under Tommy’s leadership, Energi has grown substantially, now boasting a team of over 100 talented individuals committed to bringing a safe blockchain experience to the world.

GEM Digital Limited is a digital asset investment firm. Based in The Bahamas, the firm actively sources, structures and invests in utility tokens listed on over 30 CEXs and DEXs globally.

Global Emerging Markets (“GEM”) is a $3.4 billion, alternative investment group with operations in ParisNew York, and the Bahamas. GEM manages a diverse set of investment vehicles focused on emerging markets and has completed over 530 transactions in 72 countries. Each investment vehicle has a different degree of operational control, risk-adjusted return, and liquidity profile. The family of funds and investment vehicles provide GEM and its partners with exposure to: Small-Mid Cap Management Buyouts, Private Investments in Public Equities and select venture investments.

Blockchain

Revolutionizing Fintech: 6G Digital & Rune Nilsson’s FlexM Global in a Bold $12.5M Deal Shaking the Banking Industry

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Blockchain

Teletubbies Digital Companions to Launch on the Tezos Blockchain

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MetaPals, an AI digital companion platform, is partnering with WildBrain’s beloved Teletubbies to bring together cherished childhood memories and the innovative digital era with the launch of the Teletubbies AI digital companions on 20 April, 2024.
As Teletubbies commemorates its 27th anniversary on 31 March, the collaboration marks the beginning of an exciting array of renowned IPs joining the ‘MetaPals Multiverse’ in 2024. Through the use of AI and blockchain technology powered by Tezos, much loved Tinky Winky, Dipsy, Laa-Laa, Po, and even Noo-Noo have become personalized, evolving digital companions within the MetaPals browser extension game engine.

The Teletubbies characters integrate with users’ daily browsing experience that accompanies users across the web, offering both playful interactions and practical assistance. This technology not only brings these fun characters to life in new, interactive ways, but also helps to enhance the mental well-being of users by fostering a sense of companionship.

Each Teletubbies companion within the MetaPals Multiverse will exhibit unique personality traits, offering users a diverse and dynamic experience. With personalities distributed across 5000+ Teletubby companions along a spectrum, users are guaranteed a one-of-a-kind experience, ensuring enjoyment for all and opportunities to foster new connections with this nostalgic brand.

Max Giammario, CEO of MetaPals, said: “Through this collaboration we’re not just revisiting Teletubbyland, we’re reinventing it for the digital age. By weaving in AI and blockchain, we enable the Teletubbies characters to evolve, interact, and form unique bonds with users, embodying our vision of dynamic digital companionship. With a bit of ‘MetaPals magic’, the Teletubbies are exploring beyond the hills and far away, ready to play, in ways we’ve never imagined.”

Melissa Goodrich, Director, Franchise Strategy at WildBrain, said: “We’re excited to see our colorful quartet come to life in new ways through this unique digital experience for fans. As we celebrate 27 years of the perennially popular Teletubbies franchise, this latest collaboration encapsulates the essence of childhood nostalgia while embracing the limitless possibilities of the digital age.”
Jason Lim, TZ Apac Games Adoption Team for the Tezos Ecosystem, said: “MetaPals will be pioneering the convergence of iconic IPs such as Teletubbies with the limitless possibilities of the Tezos blockchain. I can’t wait to see the magic they are brewing up next.”

The post Teletubbies Digital Companions to Launch on the Tezos Blockchain appeared first on HIPTHER Alerts.

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Alarum Announces Exciting Events Lineup and Welcomes Esteemed Advisor to NetNut’s Advisory Board

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