Cloud PR Wire

Category: Finance News Network

  • New Cryptocurrency Project Bcash Gets Set to Right the Wrongs of the Crypto Market in 2023 and Beyond

    BCASH Coin is a newly launched cryptocurrency project that is offering the needed revolution to salvage the crumbling global crypto market with amazing features and offers

    United Arab Emirates, 10th Dec 2022 – Cryptocurrency has gone through lots of ups and downs and the recent downturn seems to be the end of its blazing upward run to global adoption. While many believe 2022 is the year crypto ends, a newly launched project will push the frontiers of cryptocurrency in the year 2023. BCASH Coin brings good tidings for fans and members of the crypto community. It offers a digital currency with a unique and innovative concept that would place the crypto market where it should be in the coming year.

    The project allows users to purchase the BCASH Coin (token) in a pre-sale (ICO) which is divided into 7 stages – the founder’s stage and 6 other stages. At each stage, the price of the currency is offered to the public at a higher price than the previous stage until the end of the stages and then the entry of the currency into the crypto exchanges.

    The sale of the ICO was launched in October 2022 and is expected to enter the crypto exchanges in the first quarter of 2024. According to the company’s published data, the value of the BCASH currency is expected to be traded on the crypto exchanges at a price ranging from $0.90 – $1.5 in the first stages of trading in the first quarter of 2024. The project is currently in the founder’s phase which offers the first 2,200 buyers the right to take part in purchasing coins at reasonable prices ranging from 0.025 cents to 0.038 cents. One exciting fact about the BCASH Coin project is that it promotes cooperation with the shopping platform cosmos market which will enable the purchase of thousands of products using the coin.

    Furthermore, the team behind BCASH Coin intends to generate widespread use among the world’s crypto community and allow people who are not yet familiar with the field to enter the world of crypto easily. The project brought real news about the actual use of the currency and not just a means of capital investment.

    Through the Neptunet platform, it will be possible to buy and sell the BCASH Coin and purchase various products online. But an important point to note, the exchange rate of the coins available for immediate purchase and use on the shopping platform will be higher than the exchange rate of the purchase of a package of coins in ICO. And it is intended for daily use as a currency. The most profitable rate for investment is the low price when purchasing a founders package or during the ICO stages.

    The concept of the project is that the coins in the founder’s packages and the ICO stages are not available for immediate withdrawal, only after entering the crypto exchanges at the end of the ICO will it be possible to receive them. But those looking for a medium-term investment can benefit from a purchase at a cheap price with a very high potential for a significant rate increase.

    Another point that the project focuses on is the expansion of the community through daily use already at the beginning by shopping products online for any destination in the world. The company’s goal is to reach every supplier, importer, or shop owner, and cause community cooperation, increasing awareness of the need for discounting payments, maintaining buyer privacy, and upgrading the shopping experience using digital currencies.

    Media Contact

    Organization: B.C Global International Finance Group (B.C.G.I.F.G)

    Contact Person: Media Relations

    Email: office@bcashcoin.com

    Website: https://bcashcoin.com/

    Country: United Arab Emirates

    The post New Cryptocurrency Project Bcash Gets Set to Right the Wrongs of the Crypto Market in 2023 and Beyond appeared first on King Newswire.

  • Introducing BCASH Coin, an Online Revolution in the Cryptocurrency Industry

    BCASH Coin enables users to perform money transfers in record time with very low transfer fees regardless of cash volumes

    United Arab Emirates, 10th Dec 2022 – In the face of the many cryptocurrencies and Blockchain projects, BCASH Coin was launched today as a standout token and its offerings make it one. The project is aimed at providing millions of users access to a cryptocurrency that is light and accessible. It provides them with the ability to transfer thousands of transactions every second, a process that occurs with fees that are extremely low when compared to competing cryptocurrencies.

    The developers of BCASH Coin have significantly reduced the time to make cash transfers to as low as three seconds. This is definitely a revolution in the cryptocurrency market because it is normal to find a project that allows cash transfers in seconds but one that allows transfers in three seconds seems unbelievable. However, this is true. BCASH Coin allows users to perform cash transfers in three seconds, regardless of the volume, and with low transfer fees. 

    Speaking about the need for the development of BCASH Coin, a spokesperson for the developer team had this to say, “Today our money is inflationary and the countries of the world print more and more money, therefore the value of our money does not increase, when there is a maximum amount of coins this is an extremely important figure for the economy. The BCASH Coin comes to solve the problem of payments in using internet shopping sites and promotes cooperation with internet platforms in order to bring about wide use among the crypto community in the world.”

    BCASH Coin aims to provide a readily adoptable coin for the crypto market while allowing holders to make seamless Internet payments from anywhere in the world. The primary goal here is for the BCASH cryptocurrency to be used for everyday payments and to be the global alternative that can be used for shopping, sales, or anything else that people spend their money regularly on, alongside featuring eCommerce support and functionality.

    “With the BCASH Coin coupon, you can purchase thousands of products online and even transfer it to another person as a means of payment such as a bank check we know,” continued the spokesperson for the BCASH Coin team.

    Without a doubt, this is one of the most interesting projects for 2023 in the field of crypto and it will be interesting to follow the steps of the project and how it will affect the field. For more information, please visit https://bcashcoin.com/.

    Media Contact

    Organization: B.C Global International Finance Group (B.C.G.I.F.G)

    Contact Person: Media Relations

    Email: office@bcashcoin.com

    Website: https://bcashcoin.com/

    Country: United Arab Emirates

    The post Introducing BCASH Coin, an Online Revolution in the Cryptocurrency Industry appeared first on King Newswire.

  • Polk County Pagan Market Makes History, Becomes First Successful Public Gathering of Pagans in the East Texas Bible Belt

    Pagans and other like-minded individuals gathered to mark the Polk County Pagan Market in what could be termed “unfriendly zone” in East Texas

    United States, 10th Dec 2022 – The United States is known for its strong religious atmosphere which has made it difficult for pagans to practice publicly. Several groups and coalitions have sprung up to fight and prevent the advancement of paganism and they have recorded success until November 12 when the first successful event of the pagan community in the United States was held. The Polk County Pagan Market made history in November as the first successful public gathering of pagans and what’s interesting about it is where it was held – East Texas.

    Anyone who has heard about the Bible Belt in the United States knows it is a no-go area for anything that is not Christian. The Bible Belt refers to places in the States with a strong evangelical influence and this includes northern Georgia, Tennessee, Alabama, Mississippi, North Carolina, southern and western Virginia, West Virginia, the Upstate region of South Carolina, and East Texas. Hosting a meeting for pagans in the Bible Belt is an enormous feat, and that is what the Polk County Pagan Market has done. On November 12, 2022, the Polk County Pagan Market became the first public gathering of pagans in the United States and it was held in an area with a strong christian opposition.

    When the announcement of the event was made, it was met with a community uproar, with local churches and Pastors demanding it shut down. Organizers and those connected were met with numerous death threats. On the set date, the Polk County Pagan Market had 50+ vendors and hundreds of people came from all walks of life to network and shop. Two separate groups of protestors lined the roads to the event holding signs saying ‘Repent or spend an eternity in Hell,’ broadcasting sermons from a bullhorn, jumping out at cars and attempting to wave them back. But it didn’t stop this event from being successful. One group of protestors later posted ‘Satan down the road had a market while we rejoiced in our Lord.’

    Following the success of the Polk County Pagan Market, the organizers have announced plans to have its next event – Market for Imbolc which is scheduled for February 4, 2023. The Imbolc event would be twice as big as the Polk County Pagan Market and plans are underway to make that happen. There would be about 75 vendors, food, entertainment, and hundreds of people from all walks of life to network with.

    The Pedigo Park in Livingston, Texas will host the Market for Imbolc event in February from noon on February 4 until 7 o’clock. For more information and to make inquiries, please visit http://www.polkcountypagan.com/ or follow the group’s Facebook page via https://www.facebook.com/polkcountypaganmarket.

    Media Contact

    Organization: Polk County Pagan Market

    Contact Person: Jason Mclelland

    Email: admin@polkcountypagan.com

    Phone: 936-933-7627

    Website: http://www.polkcountypagan.com/

    Country: United States

    The post Polk County Pagan Market Makes History, Becomes First Successful Public Gathering of Pagans in the East Texas Bible Belt appeared first on King Newswire.

  • YES, NFT! Arte Classica meets NFT. Euphoria NFT by Alessia Moccia meets the metaverse.

    New York, New York, United States, 10th Dec 2022 – There is a new frontier in the art world to discover. The NFT. Non-Fungible Token.

    Perhaps you’ve been hearing about it.

    Gloria Porcella, the owner of “Galleria Ca d’Oro,” is among the first in New York to present and promote this exciting art form and the first historical Art Gallery to launch NFT exhibitions.

    Galleria Ca’d’Oro, located in the heart of Chelsea, New York, on 179 10th Avenue, will open the show with a special event only by invitation. Our first exclusive show opens on December 8th at 6 PM.

    The Yes NFT event is powered by Possess, and each piece you see within the gallery will be available for acquisition on the platform. Possess Platform, founded by Daniel Leinfelder and Ryan Holt, is a marketplace for clients to browse and acquire exclusive one-of-one contemporary art NFTs. 

    Digital certificates of authenticity, NFTs, are both unique and exclusive. Verified ownership is recorded in perpetuity on the blockchain. Galleria Ca d’Oro, in correlation with Possess, will introduce this new art form and help you to navigate these new waters from person to person. The gallery will offer you a unique experience celebrating and making clear the NFT.

    Our first show brings together four very diverse NFT artists. We are certain the show will inspire both artists and collectors.

    The artist Alessia Moccia creates the collection “Euphoria NFT.” (@euphorianft). She is a cutting-edge futuristic NFT photographer who mixes her cosmic vision with reality. She makes a panorama of expressive images from a precise choice of subverting reality and defying formalism. She contributes to the dynamic genre of street photography with her dreamlike vision of galaxies merged in cities. Every time she creates a new collection, there is a cathartic feeling of a new idea and realizing something is changing. It is called escapism.

    Galleria Ca’d’Oro sells artwork via the mechanism of an NFT – creating a brand new opportunity for digital art collectors to enter the market and collect physical artwork they have purchased on the blockchain. 

    Digital Art will be exposed on avant-gardist displays by MetroClick to create a new brand focused on sleek NFT display solutions to display your NFTs elegantly and efficiently.

    We want to give the NFT community a voice. We want to put as many people on stage as possible. We want to improve the user interface.

    Media Contact

    Organization: Euphoria NFT

    Contact Person: Media Relations

    Email: info@galleriacadoro.com

    Website: https://www.e-uphoria.com

    City: New York

    State: New York

    Country: United States

    The post YES, NFT! Arte Classica meets NFT. Euphoria NFT by Alessia Moccia meets the metaverse. appeared first on King Newswire.

  • Dr.Blackman’s XMAS TOWN – “Spamerica’s Demockery”

    Being inside “the belly of the beast”, up front and personal as we all crowd onto the same escalator, descending into the bowels of the farcical fleecing of XMAS TOWN, Spamerica’s Demockery. Where the pork barrel is ‘huge’, ballooning into a self-realized embodying template for the real time, tribalism/populism, ism of ism’s,  “Dope Buster’s”, Stay Puft’s ugly twin, an orange colored “Marshmallow Man”, known as “Donald Puffoon”. And as we make the descent on the escalator, it turns into a roller coaster ride, driven by Congresswoman, Margarine Sluthate, where every day is Xmas in XMAS TOWN and Donald Puffoon, morph’s into, El Presidente Don T-Rump, “Dope Buster’s:”, one and only. Frankenshmuck!

    Xmas Town – Spamerica’s Demockery is fantasy and sci fi, with a satirical corkscrew, popping the cork on a “Farce Deck”, ginning it up and spinning, in a twisted game of 52 pickup, with only one card in the deck, the ace of spades, brilliantly written by the incomparable, inimitable. Dr.Blackman.

    For more information or to get more information from the author, email at

    seaturtlenation@gmail.co or call (310) 866-9761.Dr.Blackman’s XMAS TOWN – “Spamerica’s Demockery”

  • Lemonte announces the launch of his new book, God loves Me Too

    McKinney, TX — Lemonte is an aspiring children’s author who recently announced the launch of his new book, God loves Me Too.

    God Loves Me Too by Lemonte reassures kids that there is a light at the end of every tunnel. Even if the whole world is against you, keep going. Since God loves you, too much loneliness can never be an issue if you have a solid relationship with God.

    Lemonte wanted to ensure that kids and grownups could benefit from his incredible creations, so he released a selection of them into the world. His most recent book, God loves me too, has strong morals. The author believes that children are the most valuable and trustworthy of all living things and that our duty as adults is to ensure their safety. The author hopes this book will inspire readers to make positive life choices. In his view, children’s destiny is in our hands, and injuring and abusing them can have dire consequences.

    The release date for God loves Me Too is slated for this December, and it will be available on all major book publishing platforms like Amazon, Kindle, Barnes & Noble Press, and many others

    For more information or to get more information from the author, email [blessed423@yahoo.com].

  • Jeff Bailey announces the launch of his new book, Speaks for Itself

    Rockland, Massachusetts — Jeff Bailey is an established author who recently announced the launch of his new book, Speaks for Itself

    When it appears that life’s fleeting moments – from the mundane to the surreal – have no words, Bailey demonstrates that what is gleaned from indifference, pain, and pleasure can yield lessons that transcend the incident that prompted the intimate reflection.

    At the same time, his poetry embodies the idea that we are more than the sum of our experiences – that there is a measure of gravity to our lives that is timeless and never duplicative, much like a valuable commodity. There are no words for certain experiences.

    According to Jeff, it took him around 20 years to write these poems making this a perfect book for anyone who might be skeptical about poetry or reading. In his words, “This is the type of book that can draw non-lovers in and lovers of the poetry genre in general.” What makes this book a worthwhile read is that it skews and avoids a lot of the trappings that novice poets do in their work.

    You can see the mouths of the talking heads and figures on the book’s cover, but you can’t see their ears or eyes. Why? Because those who seek a life of ease gossip and do as they please. Contrarily, the book emphasizes the importance of being careful with your words.

    Since it is written in poetry and is aimed at those who might be skeptical of poetry and reading it, it is the kind of book that both poetry skeptics and poetry enthusiasts can enjoy together. A reader who loves poetry will enjoy the book more for its literal meanings. This novel is worth your time because of its attention to detail, compelling plot, and surprising turns.

    In an interview with Scott Allen, Author Jeff Bailey said, “Even though God sees us all free will and in a painting where he might know what’s going to happen, but still, it’s forever playing out.” He added, “We really shouldn’t beat ourselves up for what we’ve done in the past, what might happen in the future when all we have is now.”

    Jeff also plans to start his YouTube Channel and use it as a platform to study all public figures in our lives and what we see going on in the news and then offer a commentary or take up the monarch in his own poetic way.  

    Speaks for Itself will be hitting all top book publishing platforms this December, including Amazon, Kindle, and Barnes & Noble Press.

    For more information or to get more information from the author, email esoterrorca1975@gmail.com and call 508 857 9959

  • Geek Protocol A Gamified Learning Web3. Geekquizz – Available A New Form Of Quiz2earn Game

    1. What is Geek Protocol?

    “ Provide a sustainable instrument for social-financial web 3.0 program, power the vitality of the future blockchain economy.”

    The Geek Protocol consists of multi-functional Dapps and architectures that work together to build a robust ecosystem that makes it simple for new investors and traders to use decentralized finance in the blockchain.

    We at Geek Protocol are willing to take that risk, to reach out to new people, and to convert knowledge and information to them. To that end, we design products that blend the real world with blockchain technology so that our customers can expect the unexpected when entering this future market. 

    2. Geek Network: 

    2.1 – GEEK Chain: 
    GeekChain is a decentralized proof of transaction and delegated proof of stake (DPoTS) consensus protocol that is designed to allow users to mine GEEK coins while they execute a series of DeFi and NFT transactions on the protocol. GeekChain brings simplicity and ease of use to the developing DeFi market, which in its current state remains hamstrung by exorbitant network fees and transaction times.

    2.2 – DeFi: 

    2.3 – Social-Fi with Gamified Learning Program: 

    2.3.1 – Geek University: 
    At Geek University, we have every article covering a variety of crypto-related topics.

    We recognize that newcomers to this profession frequently experience discouragement. Our guides are specifically designed for anyone interested in learning about crypto, blockchain, and the web3 business. Here you may get market analysis, lessons, and even altcoin comparisons.

    2.3.2 – Geek Gamified Learning: 
    Geek Protocol  combine this rapidly growing Play to Earn concept with crypto knowledge, and you could have a massive opportunity for new Quiz to Earn approaches to transform both EdTech and Blockchain sectors. GeekQuizz is a revolutionary quiz-to-earn game that resides on the BSC chain. GeekQuizz rewards members with GGOLD when they attempt the quiz game.
     

    3. Products of Geek Protocol: 

    GeekQuizz is the first DApp of Geek Protocol, we localize it geographically. GeekQuizz Combine this rapidly growing Play to Earn concept with crypto knowledge, and you could have a massive opportunity for new Quiz to Earn approaches to transform both EdTech and Blockchain sectors. GeekQuizz is a revolutionary quiz-to-earn game that resides on the BSC chain. GeekQuizz rewards members with $GEEK tokens when they attempt the quiz game. All quizzes are related to crypto and blockchain. With this, GeekQuizz seeks to spread awareness among the members about crypto technology, new developments in crypto, and the latest trends in crypto.

    Not only that, GeekQuizz provides users with the miniaturization of blockchain. You can become a blockchain miner without too many complicated procedures, based on the proof of work concept, all you need is only effort and time. GeekQuizz also allows you to earn extra income based on interactions and referrals, users can make money from referring new users.

    Users can participate in quiz & other activities in the future to earn GeekGold, and it will be unlocked into GEEK token when certain milestones is achieved. Then at user’s sole discretion, GEEK will be the medium for the actual off ramp into stable-coin. There is a custodian wallet for user’s in-app earnings, none of GeekGold can be transferable out of this in-app wallet. GEEK, the accounting unit and GeekGold, the exchange unit for off-ramp, GeekGold have NO intrinsic value outside of QuizzGeek or other Geek ecosystem Dapp in the future.

    Majority of our users are first time web3 users, you can find them using mostly only Facebook, WhatsApp and TikTok. To get them in touch with web3, we are working closely with BNBChain with its robust DeFi infrastructure to supercharge our web3 adoption. In the in-app experience, GeekGold can be off-ramp into GEEK in app.

    4. Geek Protocol Highlight 

    -> A rapidly growing community portal to showcase web3: Geek is building a user-facing suite of products with compelling offers and gamified experiences for new users.

    -> Innovative Educational Methods: An In-App Gamified Learning Experience & Geek University provides a visual flowchart for educating web3 users. Geek Protocol will continue to launch more educational initiatives to promote widespread use by users.

    ->Social Expansion: the establishment of a highly connected group through social referrals. By sharing, users can create and monetize new web3 developing models.

    -> Integrated solutions for businesses: Connected plans to provide seamless web3 integration solutions for businesses with integrated infrastructure.

    5. $GEEK token and GGOLD 

    • GEEK is the governance token of the whole protocol.
    • GGOLD is the ingame cash that can be converted to NFTs and level up your game. 

    The globally transferable token for Geek Protocol is GEEK. It will be listed on Pancakeswap in the coming December. GEEK is the only global pass for all community members to participate in various economic activities around the Geek ecosystem. As our ecosystem and user base grow, the platform will be generating more revenue streams from user attention, and so will the functionalities and perks associated with $GEEK. We are quite optimistic about the future expansion plan and the vibrancy of GEEK network. More use cases & products will be released continuously in the next few months, building on top of $GEEK & Geek Protocol.

    Majority of our users are first time web3 users, you can find them using mostly only Facebook, WhatsApp and TikTok. To get them in touch with web3, we are working closely with BNBChain with its robust DeFi infrastructure to supercharge our web3 adoption. In the in-app experience, GGold can be off-ramp into GEEK in app.

    The system & Pancake pool is not designed for speculative trading purposes on GGold. We expect to see more GGold get minted as more and more users participate in GeekQuizz. Please DO YOU OWN RESEARCH on any speculative decision.

    6. Roadmap and Milestone 

    7. Token distribution 

     

    Media Contact

    Organization: Geek Protocol

    Contact Person: Media Contact

    Email: support@geekprotocol.io

    Website: https://geekprotocol.io/

    City: London

    Country: United Kingdom

    The post Geek Protocol A Gamified Learning Web3. Geekquizz – Available A New Form Of Quiz2earn Game appeared first on King Newswire.

  • EXEVerse Labs raises USD7.5 million from Berkwood Capital to accelerate Anime and Mobile Gaming Metaverse Ecosystem

    New York, New York, United States, 9th Dec 2022 – EXEVerse Labs, an Asia-based NFT company has secured $7.5 million in funding from Berkwood Capital to accelerate the growth of its metaverse & Web3 products.

    • EXEVerse Labs raised $7.5 million from Berkwood Capital’s $50M “NFT Future Fund”
    • The Web3 company will accelerate development on its anime-inspired, mobile gaming franchise
    • EXEVerse Labs is set to mint its main NFT Collection EXEVerse Genesis on 21 December 2022

    The investment will strengthen development and allow EXEVerse to expand its team and accelerate the launch of its suite of mobile games and manga while maintaining the high quality standard that has defined the company.

    Founded in November 2021, EXEVerse Labs has successfully launched several NFT products in 2022, including EXEVerse.Shop, EXE Radiance NFT Collection, EXE Collectibles NFT Collection and released the first chapter of its Manga.

    EXEVerse sets itself apart in the metaverse space by building and developing products that cater to both the general public as well as the blockchain community. By having a consumer-first mindset rather than a blockchain-first focus, EXEVerse is confident to capture the attention of the general public and lead them into the metaverse gradually. 

    By employing a unique Freemium model in its games, players will be able to enjoy the games traditionally but will be able to unlock more immersive and exciting gaming experiences by engaging with NFTs.

    EXEVerse is also set to begin monthly serialisation on a manga written by established writer-director Logan Mitev and produced by a professional art studio Huang Long Studios. The manga will introduce the public to the EXEVerse universe of unique characters and exciting stories. The first chapter was released in early December and received overwhelmingly positive response and reviews from the community.

    Prior to the funding round, EXEVerse has successfully launched a online merchandise store EXEVerse.Shop and a NFT collection EXE Radiance that introduces unique shopping experiences at the store. EXEVerse Labs’s future plans include launching several NFT collections that each complement a pillar of their products – Manga, Mobile Games & Merchandise.

    “I am honoured and proud that EXEVerse is officially the first NFT project that we have funded from our “NFT Future Fund”. After months of talking to various founders and projects, we have selected EXEVerse due to their resilience, diligence and experience in the space. The ambitious plans which EXEVerse have laid out to date alongside their stated goals will no doubt blaze a new path in the metaverse. This first round of funding will not only enable the team to achieve their goals faster but allow them to maintain the high quality expected from their fans and players,” said James Lambert, Berkwood Capital’s Media Manager.

    Berkwood Capital will also be providing support in terms of marketing, financing, networking and collaboration with other partners within the space.

    “We are very excited to be working with Berkwood Capital to bring our vision to life. We are confident in the future of blockchain and NFTs and cannot wait to present to the world our vision.” said Blake Tan, the Creative Director of EXEVerse.

    EXEVerse is set to launch their main NFT Collection EXE Genesis on the 21st of December 2022. EXE Genesis is a NFT collection that allows its holders to receive a reward-sharing ownership in the whole suite of EXEVerse Labs products.

    More information can be found at their website, Twitter and Discord

    Media Contact

    Organization: Berkwood Capital

    Contact Person: James Lambert

    Email: hello@berkwoodcapital.com

    Website: https://www.berkwoodcapital.com

    City: New York

    State: New York

    Country: United States

    The post EXEVerse Labs raises USD7.5 million from Berkwood Capital to accelerate Anime and Mobile Gaming Metaverse Ecosystem appeared first on King Newswire.

  • Study Shows That 7 Out of 10 People Are At The Lowest Level of Digital Maturity

    A recent study by Bridges Consultancy has revealed that 7-out-of-10 people are still at the lowest level of digital maturity, a factor that explains why two-thirds of digital transformations are failing.The Digital Maturity Index Report 2022, an analytical report which identifies an individual’s digital maturity, has shown that the majority of respondents are still coming to terms with understanding digital technologies and methodologies, with 71 percent scoring at the lowest level of the Digital Maturity Index (DMI).

    Singapore, 9th Dec 2022 – A recent study by Bridges Consultancy has revealed that 7-out-of-10 people are still at the lowest level of digital maturity, a factor that explains why two-thirds of digital transformations are failing.

    The Digital Maturity Index Report 2022, an analytical report which identifies an individual’s digital maturity, has shown that the majority of respondents are still coming to terms with understanding digital technologies and methodologies, with 71 percent scoring at the lowest level of the Digital Maturity Index (DMI).

    The DMI captures an individual’s (not organization’s) current level of readiness to take advantage of opportunities and create value through digital. The index rates respondents at one of three levels: Reacting (basic), Embedding (intermediate) and Strategizing (advanced).

    As one of the world’s few indexes that measure an individual’s digital maturity, the DMI offers a reliable starting point for identifying individual digital gaps. To ensure reliability, the team utilised the Cronbach’s Alpha scale[1] to test for internal consistency and received a strong score of .94. The DMI also had a test-retest reliability coefficient of .93, further indicating the instrument’s excellent reliability.

    What the DMI revealed most significantly is that the majority of respondents are at the ‘Reacting’ level, which is the most basic level of digital maturity. At this level, individuals may still be learning the vocabulary, technologies, and methodologies pertinent to digital transformation.

    This implies that people increasingly have the knowledge but not the skills for digital transformation and are not yet prepared to implement the digital technologies and methodologies needed in business today, a fact that could have a critical impact on how those businesses perform.

    Asides from measuring what individuals know about digital transformation, the DMI also measures what they are capable of doing. The report revealed that most respondents are most capable with smartphone apps, showing an ability to effectively utilise dashboards, create digital visualisations and employ design thinking.

    At the other end of the spectrum, the skill with the lowest score was digital nudging, which is an approach that uses digital means to encourage behavioural change. According to the results of the DMI, 52.2 percent of respondents showed a limited understanding while only 2.6 percent showed advanced knowledge.

    “People are getting better at picking up the necessary knowledge, but they haven’t yet acquired the applied skills they need to unlock that knowledge and properly implement it,” states Professor Michael Netzley, Co-Author of the DMI Report 2022. “Individuals are struggling to move from acquiring the knowledge to actually embedding it into practice.”

    This significant gap between knowledge and implementation is one of the most critical factors revealed by the DMI results and is referred to in the report as the ‘Digital Knowing-Doing Gap’. This gap indicates that individuals, and as a result, organizations, will continue struggling to move from adapting to embedding digital transformation unless they acquire the skills that will allow them to unleash the full value of their knowledge.

    “One of the main reasons behind creating the DMI was to allow individuals to prudently plan a path forward, identify their development needs and take the necessary actions to improve their digital maturity,” says Robin Speculand, Co-Author of the DMI Report 2022. “Going through the DMI will allow them to measure and analyse their results, identify what actions need to be taken and then develop a plan that plots a course towards a successful implementation.” 

    By completing the Digital Maturity Index and establishing a baseline, individuals can now make informed decisions to map a path forward, identifying their development needs and taking the appropriate actions to improve their digital maturity.

     

    -End-

     

    About the Digital Maturity Index Report 2022

    The Digital Maturity Index Report 2022 study sampled 1,463 individuals who completed the DMI. Respondents are mostly based in Asia Pacific. In addition:

    • The sample reflects multiple industries including semiconductors, insurance, finance, environmental technologies, and healthcare.
    • It reflects a range of organizational levels, mainly individual contributors, people managers and enterprise leaders, with ages ranging from 18 to 65.
    • The database includes respondents from executive development programs as well as corporate and university programs.

     

    About Professor Michael Netzley, Ph.D. (University of Minnesota)

    Michael is the founder and CEO of Extend My Runway Pte Ltd (EMR), an AI-for-good start-up that nudges you toward better brain health and cognitive performance. He also serves as Affiliated Faculty and Executive Coach with IMD Business School in Singapore and previously spent 15 years on the faculty of Singapore Management University. Michael has consulted with EY’s People Advisory Services and Heidrick Leadership and in his various roles, Michael has enabled the learning journey of more than 15,000 executives. His work has been featured in the New York Times, MIT’s Technology Review, Dialogue Review, Channel News Asia, and Straits Times. A resident of Singapore, Michael is pursuing a second master’s degree in Applied Neuroscience from King’s College, London.

     

    About Robin Speculand

    Robin is a recognized pioneer and expert in strategy and digital implementation. He is driven to transform strategy implementation by inspiring global leaders to adopt a different mindset and approach. The founder of three companies, Robin is CEO of Bridges Business Consultancy Int and co-founder of the Strategy Implementation Institute and Digital Leadership Specialists. A TEDx presenter and Thinkers50 nominee, he is a facilitator for IMD, Duke CE, and SMU, and part of the Top 30 Global Gurus. As a best-selling author, he has written six books including his most recent, World’s Best Bank: A Strategic Guide to Digital Transformation, and Strategy Implementation Playbook: A Step-By-Step Guide

     

    [1] Cronbach’s Alpha is a measure of internal consistency and is considered to be a measure of scale reliability – UCLA Advanced Research Computing

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