Industrial growth is acknowledged globally to be necessary for human progress, but the recent rise in greenhouse gas emissions, pollution and resource depletion has forced leaders to think deeply about the reward-risk trade-off.
Products of this line of thinking include the Green Industrial Policy, which refers to a set of policies and strategies set by the United Nations Environment Programme that promotes sustainable and environmentally-friendly industrial development. It focuses on integrating environmental considerations into industrial activities, fostering the transition to a low-carbon economy and encouraging the adoption of clean and resource-efficient technologies.
World leaders have adopted the Green Industrial Policys vision into region-specific protocols. The EU Green Deal, for example, is a comprehensive set of policies and initiatives proposed by the European Commission aimed at transforming Europe into the worlds first climate-neutral continent by 2050. Likewise, the Inflation Reduction Act (IRA), an American policy that was passed into law in 2022, grants investment and production tax credits for businesses and eligible persons who invest in renewable energy systems. The U.S. government has labeled the IRA the most significant climate legislation in U.S. history.
Aware of the rising importance for businesses to adhere to the Environmental, Social and Governance (ESG) framework, FiscalNote (NYSE: NOTE) recently hosted a webinar discussing ESG global trends, the impact of the IRA and EU Green Deals on businesses and how these changes may affect specific industries and organizations.
I think an important, maybe, role that the industry needs to play more and more is explaining exactly a lot of the business models. I think in this conversation were mixing a lot of issues, and so for trying to explain how were going to get to clean technology, I think we need to explain the intricacies, said Thibaut LOryte, the Director of Public Affairs at AmCham EU.
Since its acquisition of the SaaS product Equilibrium, FiscalNote has taken its ESG compliance services to unprecedented levels, helping businesses easily manage their ESG goals and activities. Winner of the Best SaaS Product for CSR or Sustainability award at the 2022 SaaS awards, Equilibrium is an artificial intelligence platform that helps organizations unify, manage and benchmark carbon, climate and ESG data management across their operations.
Equilibrium is now part of a collection of ESG Solutions that FiscalNote offers customers. With Oxford Analytica, the FiscalNote Core Platform and the ESG & CSR Board, FiscalNotes ESG compliance portfolio has any potential ESG solution a company could be looking for. Their portfolio covers global ESG research and analysis, ESG policy monitoring, a confidential vendor-free peer organization and Equilibriums unique ESG AI solution.
The first year of legal single-game sports betting in Ontario was quite a profitable one.
According to a report released on Wednesday by IGaming Ontario, overall gaming revenue in the province's regulated sector was little over $1.48 billion.
The first year of Ontario's regulated industry, which opened on April 4, 2022, quickly grew to include more than 1.6 million active players, 45 gaming operators and 76 facilities, with additional sites expected to launch.
Add to that over $35.6 billion in total wagers and its clear why Ontario now ranks among the top five iGaming jurisdictions in North America after New York, New Jersey, Michigan and Pennsylvania.
The report estimated that the legal sports betting market contributed $1.56 billion to the province's GDP, $906 million of which went toward labor income. The regulated Ontario market produced $238 million in federal government revenue, $469 million in provincial revenue, and $54 million in municipal government revenue.
In 2024, the industrys contribution to Ontario's GDP is projected to reach $2.9 billion
Ontario remains the only Canadian province with a legal sports betting and online casino gambling market, however a group of sportsbook operators are urging Quebec regulators to become Canadas next open sports betting jurisdiction.
Made-in-Ontario casino and sportsbook provider NorthStar Gaming Holdings Inc. (TSXV:BET) is among the companies experiencing record wagers within the Ontario market.
A Casino and Sportsbook Gaming Platform Made in Ontario
NorthStar Gaming launched its casino and sportsbook gambling platform Northstar Bets in May 2022 and has continued to grow its userbase and revenue. Along with the most popular online casino games, the NorthStar Bets sportsbook gives real-time news, data, analysis, and scores directly in the betting environment.
In the first quarter of 2023, NorthStar Gaming reported total wagers of $139.5 million, marking a 24% increase from the previous quarter. Gross gaming revenue was $4.4 million, up 8% from the previous quarter, with a gross margin of $1.2 million, up 20% from Q4 2022.
NorthStar Bets was developed in partnership with Playtech (LSE:PTECH) (OTC:PYTCY), a major provider of B2C gambling technology. Playtech became NorthStar's strategic software and services partner as part of the agreement, supplying its IMS platform and casino services to Ontario's gambling sector.
In addition, Playtech made a C$12.25 million strategic investment in Northstar Gaming to help the Canadian gaming industry grow and thrive. The investment completed Northstars reverse takeover (RTO) funding, which brought in total gross proceeds of C$22.33 million.
NorthStar has found a lot of success in Ontario with its service that blends high-quality sports journalism with betting/casino games since its market debut in March 2023. Following the acquisition of Slapshot Media Inc., an iGaming marketing and managed services company, this company is poised to provide its unique slice of the industry to the rest of Canada.
Along with live, on-call agents, exclusive sports news, and an unmatched casino and sportsbook experience, NorthStar Gaming also offers these services. The company benefits from its local presence by leveraging its strong Ontario roots, which enables it to keep in tune with and adapt to the preferences of the province.
Because of collaborations and agreements with significant media firms, including an omnichannel advertising and marketing services agreement with Torstar Corporation, the originator of the Toronto Star, NorthStar is well-positioned to become a leader in the convergence of sports media and sports wagering.
To learn more about NorthStar Gaming Holdings Inc. (TSXV:BET), visit the companys website at northstargaming.ca.
Disclosure:
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5) Market Jar Media Inc. and its respective directors, officers and employees hold no shares for any company mentioned in the Article.6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, forward-looking statements), which reflect management's expectations regarding NorthStar Gaming Holdingss future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as predicts, projects, targets, plans, expects, does not expect, budget, scheduled, estimates, forecasts, anticipate or does not anticipate, believe, intend and similar expressions or statements that certain actions, events or results may, could, would, might or will be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to NorthStar Gaming Holdings industry; (b) market opportunity; (c) NorthStar Gaming Holdings business plans and strategies; (d) services that NorthStar Gaming Holdings intends to offer; (e) NorthStar Gaming Holdings milestone projections and targets; (f) NorthStar Gaming Holdings expectations regarding receipt of approval for regulatory applications; (g) NorthStar Gaming Holdings intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h)NorthStar Gaming Holdings expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of managements experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute NorthStar Gaming Holdings business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) NorthStar Gaming Holdings ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) NorthStar Gaming Holdings ability to enter into contractual arrangements with additional Pharmacies; (e) the accuracy of budgeted costs and expenditures; (f) NorthStar Gaming Holdings ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of NorthStar Gaming Holdings to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) NorthStar Gaming Holdings operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact NorthStar Gaming Holdings business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing NorthStar Gaming Holdings business operations (e) NorthStar Gaming Holdings may be unable to implement its growth strategy; and (f) increased competition.Except as required by law, NorthStar Gaming Holdings undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does NorthStar Gaming Holdings nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither NorthStar Gaming Holdings nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document.
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Digital Utilities Ventures, Inc. (OTC: DUTV) announces that its planned future subsidiary, Easy Energy Systems, Inc., has added Oscar Gonzales as senior advisor to their board, effective immediately.
Oscar previously served as Assistant Secretary for Administration at the U.S. Department of Agriculture (USDA). He is the current Vice President for Strategy at Golden State Renewable Energyfocusing on community solar.
Mr. Oscar Gonzales
Prior to serving as Assistant Secretary at the USDA, Gonzales served in the Obama Administration in several senior positions with USDA, including as Deputy Assistant Secretary for Administration as well as Deputy Chief of Staff for Operations and Senior Advisor on Immigration under USDA Secretary Tom Vilsack. He also served as USDAs California State Executive Director where he oversaw Farm Service Agency programs across 58 counties for the nation's largest agricultural producing state.
His state government background includes working for top California elected officials including Governor Gray Davis, Assembly Speaker Antonio Villaraigosa, and Senate Majority Leader Gloria Romero.
Gonzales private sector experience includes working at Goldman Sachs as their Vice President for Government Relations overseeing the Western States. Prior to that, he was Vice President for Community and Government Relations at Aura Financial, a CDFI-certified fintech company disrupting the predatory lending industry with loans that helped low-income consumers.
Gonzales also has extensive experience in the non-profit sector having worked for the United Farm Workers Foundation, National Hispanic Environmental Council, Building Up Los Angeles*AmeriCorps, California Community Colleges Foundation, and the Constitutional Rights Foundation.
In addition to serving as a board advisor, Oscar will also aid the company in various consulting activities, including advising CEO Mark Gaalswyk on regenerative agriculture for both California and North American projects. Mark Gaalswyk is the founder/owner and CEO of Easy Energy Systems, Inc and is already also the CEO of Digital Utilities Ventures, Inc. (OTC: DUTV)
Oscar is a welcome addition to Easy Energy Systems. His knowledge and experience with the Federal government, specifically with the US Department of Agriculture and the agriculture sector, will prove very timely for the company as it now brings to the world the proprietary Modular Easy FEN Liquid Microbial Fertilizer Production System (patents pending).
Easy FEN Liquid Microbial Fertilizer Production System
Each of these Fertilizer Plant in a Box factory-built, modular, automatic systems will allow local villages and ag coop around the world to produce locally up to 1/3 of the fertilizer needed for 250,000 acres of agricultural crop while capturing potentially millions of dollars in added revenue for each rural village or local community.
Mark Gaalswyk, founder and CEO of Easy Energy Systems, stated: We are excited to have Oscar join Easy Energy, particularly as we adapt our modular technology to solve the growing food crisis. His agriculture background and business acumen will be a key for Easy Energy Systems in opening new domestic markets and growing revenues through strategic relationships in North America. We also welcome his consulting guidance as we complete the planned merger into the publicly traded OTC: DUTV.
Gonzales has degrees from UC San Diego and East Los Angeles College. He resides in Davis, California with his wife Christine.
About Digital Utilities Ventures Inc.
Digital Utilities Ventures, Inc. is working to become a formidable presence in the green solutions marketplace. We have identified strategic opportunities for acquisitions and joint ventures that will allow us to capitalize on existing and emerging opportunities in this industry. Consumers understand the significance of progressing from conventional assets to inexhaustible sources that produce no ozone harming greenhouse gas emissions from petroleum by-products and lessen air contaminants. Enhancing green solutions such as in energy supply and lessening reliance on imported fuels will assist with economic development by increasing occupations in manufacturing, assembling, and more.
Forward-Looking Statements
This press release includes statements that may constitute ''forward-looking'' statements, usually containing the words ''believe,'' ''estimate,'' ''project,'' ''expect'' or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, acceptance of the Company's current and future products and services in the marketplace, the ability of the Company to develop effective new products and receive regulatory approvals of such products, competitive factors, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
Soil, the innovative blockchain-based lending protocol, announces that it has received confirmation from the local financial markets regulator that the planned operations on the Soil Platform are compliant with the jurisdiction's regulations. This confirmation is a significant milestone for Soil, as it confirms the validity of its business model assumptions.
Soil is building a self-balancing DeFi protocol that will bridge the gap between borrowers (traditional businesses / private debt founds) and lenders (stablecoin holders). Soil will facilitate a debt marketplace where established companies in various industries can raise funds by applying for loans from stablecoin holders.
"We hired several teams of lawyers from different countries and waited for long weeks to receive official confirmation from the local regulator that the activities planned on our Soil Platform are legal", said Jakub Bojan, CEO of Soil. "Despite this great success, we continue to work and do our best to ensure that our project is at the forefront of the cryptocurrency market and is transparent and safe for our partners and investors around the world."
Prioritising the need for security on the platform, Soil is not only adapting to current regulations but also to the upcoming revolutionary changes for the cryptocurrency world, namely the EU MICA regulation.
With an innovative business model and solid legal support, Soil is well-positioned to launch an innovative lending system. Soil's actions will undoubtedly inspire confidence among the investment community and potential partners in the DeFi ecosystem.
About Soil
Soil is a blockchain-based lending protocol that bridges the gap between traditional finance and the crypto world, reshaping corporate debt and fixed-income investments. It is a debt marketplace where established companies can obtain financing, and crypto investors can lend their stablecoins to earn yield derived from Real World Assets that exist off-chain. Soil revenue model profits from fees earned by connecting lenders and borrowers and arbitrage on the cost of capital.
Spiceology, the fast-growing spice company known for its innovative signature blends, has once again teamed up with over-the-fire-cooking expert and social media phenomenon, Derek Wolf (@overthefirecooking), to create new beer-infused barbeque blends. Packaged in the fan-favorite resealable beer cans, the Spiceology x Derek Wolf Beer-Infused Rub Collection now includes a total of ten flavor-packed rubs, all infused with perfectly paired beers.
Now available for purchase, this new four-pack takes consumers on a road trip around the United States to celebrate some of Wolfs favorite styles of barbeque, including odes to Memphis, East Carolina and West Texas.
Since first launching the beer-infused six-pack with Spiceology back in 2020, we both knew we wanted to expand the beer can line, said Derek Wolf, Over The Fire Cooking. Beer and barbeque have always gone together, and these blends offer new ways to experiment with those flavors. For these new blends, we specifically formulated each one with a protein in mind.
These beer-infused blends can be purchased as a four-pack or as individual cans, with plastic lids included:
Sticky Bourbon Brown Ale ($14.95): Memphis-style with burnt sugar sweetness, bourbon notes, and a tiny amount of heat for balance. The blend is designed for pork but is also ideal for baked beans, sauces, grilled veggies, and compound butter.
Sweet Carolina Blonde ($14.95): Inspired by eastern Carolinas Mop Sauce, this beer-infused blend packs tang, sweet and heat all in one. Designed for pork and poultry, this blend also works for chicken, seafood, pasta, rice, and marinades.
Smoked Garlic Jalapeo Lager ($14.95): Inspired by West Texas love of chile-based heat. This beer-infused flavor twist on a classic salt and pepper blend is made for beef, but works perfectly with pasta salad, dressings, marinades, roasted veggies, and more.
Big Bad BBQ Ale ($14.95): An all-purpose BBQ blend with all of Dereks favorite flavor profiles. This blend is made for anything and everything, especially smash burgers, beef, chicken, pork, vegetables, and seafood.
The original six-pack of beer-infused blends we formulated with Derek quickly became one of our most popular products and gift sets, said Chef Tony Reed, Executive Director of Culinary. For this round, Derek wanted classic BBQ rubs with his personal twist, and the addition of ingredients like cinnamon, cocoa, and of course, beer, brought these classic-style blends to the next level.
The blends can be found on Spiceology.com and are available in individual beer cans or as a set of all four. For more information, see here.
ABOUT SPICEOLOGY
Founded in 2013, Spiceology is on a mission to inspire experimentation and share in the joy of cooking and eating. The chef-owned and operated spice companys Periodic Table of Flavor spotlights innovative blends and over 300 ingredients that are ground fresh and shipped fresh. With Signature Blends like Greek Freak and Smoky Honey Habanero that have become pantry and counter staples in both professional and home cook kitchens around the world, Spiceology is at the heart of the kitchen for all who love food. Spiceologys ingredients and blends can be found in the aisles of retailers large and small, in the pantries of hundreds of thousands of home cooks, and in the kitchens of some of the worlds greatest chefs.
Bybit, the worlds third most visited crypto exchange, is pleased to announce that it has successfully obtained a license to operate a crypto exchange and provide custody services in Cyprus. This milestone demonstrates Bybit's commitment to working within regulatory frameworks and providing its users with secure and compliant trading solutions.
Bybit's newly acquired license from the regulatory authorities in Cyprus allows the company to offer a full suite of services, including trading between crypto pairs and fiat currency pairs, financial services related to crypto assets, and custody solutions tailored to clients in Cyprus and E.U. member states. With this license, Bybit establishes itself as a trusted and regulated platform within the Cyprus cryptocurrency market.
Cyprus is recognized as a burgeoning hub for cryptocurrency activities, with a growing community of crypto enthusiasts and a favorable regulatory environment. Bybit recognizes the immense potential of the Cyprus market and is excited to bring its next-level reliability and opportunities to the local digital asset community.
At Bybit, we wholeheartedly support the regulatory objective of building a cryptocurrency industry that is both compliant, secure, and transparent, ultimately benefiting all those seeking financial freedom, said Ben Zhou, co-founder and CEO of Bybit. This landmark is a testament to Bybit's commitment to adhering to robust regulatory frameworks while expanding our global presence. We look forward to bringing the Crypto Ark to Cyprus.
Bybit has a sterling reputation for digital asset security, compliance, and protection. Due in no small part to its enhanced KYC and AML procedures, successfully obtaining the ISO 27001:2013 certification for its robust security management system, and running real-time, on-chain, proof-of-reserves data with a purpose-built Merkle tree.
Bybit is a cryptocurrency exchange established in 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula Ones reigning Constructors and Drivers champions, the Oracle Red Bull Racing team, esports teams NAVI, Astralis, Alliance, Made in Brazil (MIBR), and Oracle Red Bull Racing Esports.
Metatime, the blockchain project building a complete Web3 ecosystem that promises users full control over their finances, identity and assets, has announced its native ecosystem token Metatime Coin ($MTC) will be listed for sale on the leading cryptocurrency exchange, Bybit. Alongside the listing, Metatime is pleased to announce that its smart contract infrastructure code has been fully audited by the independent auditing firm Hacken, completing the process with full marks.
The $MTC token, which currently has exactly 415,439 registered users, will go live on Bybit on Monday, June 26 at 10.00 UTC, at which time it will be available for anyone to buy, sell or trade. Investors who bought early during the presale will now be able to sell their $MTC, while those who missed out on early access will now be able to participate in Metatimes growing Web3 ecosystem.
Earlier this year, Metatime witnessed enormous demand for its token, raising a total of $38 million via two pre-sales of the $MTC token on the worlds biggest crypto launchpad platforms, helping to fund its goal of onboarding millions of new users to Web3. All told, Metatime sold 100 million $MTC at 5 cents, 100 million $MTC at 6 cents, 100 million $MTC at 7 cents and then 200 million $MTC at 10 cents.
The $MTC token is currently deployed on BNB Chain but will migrate to Metatimes own blockchain with the launch of the MetaChain mainnet on Nov. 11, 2023. For all $MTC investors, relevant information and technical assistance is available through Metatimes support team.
The official listing of $MTC on Bybit follows the completion of a full audit of Metatimes smart contract code by the respected independent auditor and testing firm Hacken. The report by Hacken highlighted the exceptional performance of Metatimes documentation, code quality, test coverage and security measures. Metatime achieved a perfect score of 10/10 in the documentation quality category, providing comprehensive functional requirements and detailed technical descriptions. It also achieved a perfect code quality score and, furthermore, demonstrated exceptional test coverage during thorough testing of deployment, basic user interaction and system features.
Metatimes Web3 ecosystem of products include a comprehensive blockchain network and cryptocurrency exchange, plus NFT marketplace, crypto launchpad, blockchain explorer, wallet and stablecoin. The MetaChain is powered by the Proof-of-Meta consensus mechanism which enables all users to participate in network verification and $MTC mining. Metatimes upcoming MetaExchange will set a precedent in the industry by not assessing commissions for all trades that close at a loss, while its copytrade features will enable novices to emulate expert traders.
About Metatime
Metatime has emerged as a visionary ecosystem that builds the world of the future, designed from the start to be beneficial to everyone. By completely self-funding its technology development stages, Metatime aims to establish the world's most comprehensive and transparent ecosystem. Through the development of blockchain-based digital products, Metatime is actively shaping the future today. Metatime continues to innovate and develop a wide range of products such as MetaChain, MetaWallet, Metatime Coin, MetaExchange, and MetaNFT, placing user needs at the forefront and designing from the ground up. By envisioning a future where blockchain becomes accessible to everyone, Metatime leads the way in spearheading the Web 3.0 transformation.
Dubai, Dubai DWF Labs, the global multi-stage Web3 investment firm, has announced a partnership with Algorand Foundation to support the health and growth of the ecosystem built on the Algorand blockchain.
The first component of the partnership involves a $50 million ALGO token purchase agreement to, in part, provide liquidity into the Algorand ecosystem.
An additional MOU has been signed with the aim of allocating funds to support projects that are building on the Algorand blockchain in the spaces of DeFi, Art and Music, Gaming, Oracles and Bridges, and Infrastructure. Projects interested in submitting their pitch can get in contact with DWF Ventures by visiting: http://www.dwf-labs.com/algorand.
Andrei Grachev, Managing Partner of DWF Labs, shared his enthusiasm for this partnership and its potential for revolutionising blockchain innovation, as well as DWF Labs commitment to actively participate in the building of the Algorand ecosystem.
We selected Algorand because of its unparalleled level of technology and security among permissionless DLTs, as well as its leadership in environmental sustainability and social impact. Algorand's blockchain infrastructure provides the speed and instant finality required for creators, financial institutions and governments to smoothly transition to the new digital economy at scale, in an environmentally responsible manner. This partnership with the Algorand Foundation is another important step in the maturation and growth of innovation in this space, said Grachev.
About the Algorand Foundation
The Algorand Foundation empowers a dynamic, inclusive, and borderless global ecosystem – at scale – based on the Algorand blockchain technology. Designed by MIT professor and Turing Award winning cryptographer Silvio Micali, Algorand is uniquely capable of delivering on the promise of a borderless global economy. It achieves transaction throughputs at the speed of traditional finance, but with immediate finality, near zero transaction costs, and on a 24/7 basis. Its carbon-neutral platform and unique pure proof-of-stake consensus mechanism achieves both security and scalability on a decentralized protocol, and without a second of downtime since it went live in 2019.
About DWF Labs
DWF Labs is a global digital asset market maker and multi-stage web3 investment firm, providing support from token listing to market making to OTC trading solutions. DWF Labs seeks to invest and support bold founders who want to build the future of Web3.
SINGAPORE – Media OutReach – 26 June 2023 – Oasys is excited to announce it has partnered with Digital Entertainment Asset (DEA), the company behind PlayMining, in a collaborative effort to grow the Oasys ecosystem. This collaboration aims to incorporate brands that can contribute to the development of Oasys.
As part of the collaboration, Oasys and DEA will build a unique Verse called "DEP Verse" (tentative name). This verse will serve as a hub for innovation and creative exploration, where Oasys will work with Digital Entertainment Asset to develop content centred around "solving social issues through games" using its own Layer2 blockchain technology. More details about the collaboration will be revealed at the "Oasys Special Event" on June 28th at Nijo Castle in Kyoto.
DEA's GameFi platform, "PlayMining," was released on May 26th, 2020, and has garnered over 2.7 million users across more than 100 countries as of May 2023. While DEA has previously invested in the early stages of the Oasys project, this collaboration marks the next stage in their professional relationship and outlines plans for future developments that will benefit both brands.
The central focus of this collaboration will be the creation of a one-of-a-kind "DEP Verse" (tentative name) on the Oasys Chain. Oasys and DEA will work together on launching numerous projects to enhance the Oasys ecosystem with Digital Entertainment Assets expertise.
Kozo Yamada, Co-CEO of DEA, shared his thoughts: We were inspired by Representative Matsubara's passionate statements that 'Japan will lead the world in the realm of GameFi and blockchain-based games.' This became the foundation of our cooperation. PlayMining intends to redefine the concept of game using Web3, as we believe that games have become powerful tools for personal experiences and making a positive impact on the world. We have chosen to launch projects on the Oasys chain to promote the concept of Web3 Entertainment ESG (SDGs), and we hope to receive the support and engagement of the community.
Daiki Moriyama, Director of Oasys, also expressed excitement about the collaboration, stating, "DEP Verse" (tentative term), aimed at Web3 Social Good, is an idea that has the potential to expand the possibilities of gaming. We eagerly anticipate DEA's work and the content they will bring to the Verse in the future. With new blockchain game initiatives originating in Japan, we are excited to participate in the industry's progress and expansion.
About Oasys
Oasys is a blockchain-based game development platform that offers a highly scalable Layer 1 hub and specialised Layer 2 using Ethereum's Layer 2 scaling solution. The ecosystem provides game developers with a secure and scalable blockchain infrastructure for creating more efficient, secure, and interoperable games. Among Oasys validators are leaders in gaming and Web3, such as SEGA, Ubisoft, and Yield Guild Games in our Proof-of-Stake (PoS) based blockchain. Oasys' expert blockchain team, combined with the biggest names in gaming, is revolutionising the gaming industry.
Oasys solves the challenges that game developers face when building blockchain-based games by focusing on creating an ecosystem for gamers and developers to distribute and develop games. The company's trifecta approach includes a fast network powered by the gaming community, a scalable network powered by AAA game developers, and a blockchain that provides the best user experience with fast transactions and zero gas fees. This approach prepares participants to enter the Oasys and play.
In a recent TRON DAO community seminar, founder Justin Sun was invited to comment on TRONs innovative mission and vision, focusing on the vital role of trust in the DAOs future.
Newly Defined Mission: Building a Metaverse Free Port
Sun's suggested TRONs new mission, "Building a Metaverse Free Port," introduces the concept of an unrestricted digital space, symbolizing the promise of freedom and opportunity reminiscent of the open seas for early explorers.
A Vision for Universal Decentralized Globe
Aligned with TRONs dedication to community empowerment, Sun also suggested the vision to "Achieve A Truly Decentralized Globe For All." This bold declaration underscores TRON's commitment to dismantling financial barriers and creating an environment that nurtures individual financial independence.
TRONs Core Values and Guiding Principles
During his speech, Sun emphasized TRON's core values, encapsulating the guiding philosophy that propels TRON DAO towards its mission and vision.
Community Obsession: Highlighting the centrality of user and community engagement, reaffirming they are at the heart of TRON DAO.
Champions Mindset: Encouraging the TRON DAO team and its community members to embrace resilience, passion, and courage, akin to the mindset of champions.
Embrace Change: This symbolizes TRONs adaptability and readiness to innovate in an ever-evolving industry.
Longtermism: Demonstrates TRON's commitment to sustainable growth and enduring relevance within the Web3 industry.
In order to clarify its values and help team members embody those values together, the following guiding principles were discussed:
Simplicity Achiever: Encourages simplicity and efficiency in all TRON DAO teams.
Be Genuine: Stresses the importance of authenticity and steadfast commitment in all endeavors.
24/7 Professional Support: Advocates for unwavering, round-the-clock support to the community.
Ordinary People Creating Extraordinary Things: Celebrates every individual's potential at TRON to create valuable contributions.
Trust: TRON's Cornerstone
Sun emphasized, "The greatest advantage TRON possesses is not just in its technology but in the trust of all our users and community. Trust is our cornerstone. Amid a complex environment, a group with a clear vision, unwavering commitment, and public trust is truly exceptional. This is what TRON aspires to be."
This forward-thinking narrative reflects TRON's commitment toward growing user trust, nurturing a resilient community, and establishing a solid foundation for future growth.
An Expanding Ecosystem
TRON is committed to constructing an ecosystem responsive to user needs and conducive to industry growth. With a vision of a metaverse free port and a commitment to digital inclusion for all, TRON is set to make significant strides in the global digital economy.
TRON expands its vision beyond current accomplishments, aspiring to create a metaverse marketplace and community hub based on blockchain tech and decentralized applications.
TRON's firm embrace of its new mission, vision, and values encapsulates its intent to help democratize the web for all of Earth's inhabitants, further empowering decentralized commerce and communities across the globe.
Embark on the Journey with Us
For more insights and updates, visit TRONDAO.org and subscribe to TRONs email newsletter. As we embark on this exciting new chapter, TRON remains steadfast in realizing the full potential of the blockchain sector and achieving a truly decentralized world.
About TRON DAO
TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.
Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of June 2023, it has over 168.8 million total user accounts on the blockchain, more than 5.97 billion total transactions, and over $12.49 billion in total value locked (TVL), as reported on TRONSCAN.
In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the governments endorsement to issue Dominica Coin (DMC), a blockchain-based fan token to help promote Dominicas global fanfare, seven existing TRON-based tokens – TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country.
