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Revolut launches an in-app educational module in Singapore to advance financial literacy

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Revolut, the global financial super app with more than 20 million customers worldwide, is taking another step forward towards its mission of bringing customers the best financial products and services to manage their money.

Revolut’s new ‘Learn’ feature provides education courses and warnings in language that is clear, concise and easily understandable. The feature is aimed at enhancing customer protection by better informing them about the specific risks, nature and characteristics of cryptocurrency. For example, by highlighting the potential for significant changes in prices within a short period of time, Revolut wants to spread the message to customers that investing in cryptocurrency is not suitable for everyone. The courses are available to Revolut customers, who can receive a nominal reward by taking these short and simple courses and passing a quiz.

‘Crypto Basics’ is the first of two courses and helps educate customers on what cryptocurrencies are compared to fiat money; the meaning of a  ‘decentralised system’; cryptography; the mechanics of the blockchain technology; and the risks associated with crypto investments.

The second course is based on the multichain network Polkadot, and how it unites blockchains into Web3 – the decentralised internet. The course will use visual materials including interactive cards and videos to share Polkadot’s use cases, Polkadot’s governance system, and the Polkadot ‘Relay Chain’, the central chain used by the Polkadot network that allows specialised and public blockchain to connect in a unified network.

Emil Urmanshin, Crypto General Manager at Revolut, said: “There’s a huge appetite from our customers to learn more about cryptocurrencies. ‘Learn’ will help them better understand the trends, risks and potential opportunities associated with Crypto.”

Raymond Ng, CEO of Revolut Singapore, said: “This feature reaffirms our commitment to educate our customers on the risks and potential of cryptocurrency and blockchain technology so they can make informed decisions of their involvement in this space.”

Revolut plans to add more courses to ‘Learn’ this year to enable more people to take better control of their finances and give them access to new tools and services. Revolut believes that this new feature will help to reinforce consumer advisories from regulators about the significant risks of cryptocurrency and the need for consumers to act with extreme caution when investing in such risky digital assets.

Revolut is committed to building awareness and trust with its customers through education that is aimed at improving their understanding of its products and services, particularly in risky assets such as cryptocurrency. In addition to regularly communicating the extreme price volatility risks to customers, Revolut also reminds its customers to consider their personal circumstances and review multiple independent sources before investing in cryptocurrency. Through ‘Learn’, Revolut hopes to empower its customers to take actions that contribute to their short  term and enduring financial well-being and resilience.

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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Blockchain

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

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Blockchain

RevoluGROUP Canada Inc. Announces White Label Partnership with MONECO France

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