Category: Finance News Network

  • FlyFin Introduces Improved 1099 Tax Calculator to help Freelancers, Creators and Small Business Owners

    San Jose, CA, United States, 22nd Dec 2022 FlyFin, the world’s leading AI tax preparation and filing service, announced an improved 1099 Tax Calculator. The updated calculator offers freelancers and small business individuals more features and information, such as finding the total number of deduction categories applicable to their self-employment situation. Using FlyFin’s improved 1099 Tax Calculator, users can get an accurate estimation of the amount they can claim in tax deductions, enabling them to make better tax-saving decisions and save more money. With detailed information gathering, the tool can offer taxpayers deeper insights and more information.

    Because freelancers, small business owners and creators are responsible for making sure their taxes are paid (rather than having them withheld from their paychecks like employees), FlyFin’s new tax calculator will help:

    1. Estimate their tax liability, shedding light on how much is owed in taxes based on income and deductions. Self-employed individuals can more accurately and reliably budget for tax time and avoid surprises.
    2. Determine estimated tax payments: The tool gives self-employed individuals answers about whether they will owe more than a certain amount in taxes and whether they need to make estimated tax payments throughout the year – and if so, how much they’ll have to pay.
    3. Take advantage of tax deductions and tax credits: The new tool identifies tax deductions and credits that one may be eligible for as a freelancer or small business owner, helping them lower their tax liability and potentially get a larger tax refund.

    Building upon the company’s award-winning AI platform, FlyFin has assembled a comprehensive Tax Resource Center that helps freelancers and self-employed individuals prepare and file their taxes. Taxpayers can quickly find topics around self-employment, tax deductions, self-employed retirement plans and practical how-to guidance. To demystify tax preparation, FlyFin’s growing Tax Resource Center offers free tools, calculators, guides, tax forms and more. 

    About FlyFin
    FlyFin is an award-winning, AI-powered platform that provides self-employed, sub-contractors, independent contractors, gig workers, freelancers and creator economy workers with a convenient, easy-to-use and affordable tax filing solution. FlyFin helps individuals maximize self-employment tax deductions and income tax refunds. With a “Man + Machine” approach, FlyFin leverages AI paired with highly experienced tax CPAs to deliver automation that eliminates 95% of the work required for 1099 self-employed individuals to prepare their taxes. FlyFin is a privately-held, venture-backed company based in San Jose, California.

    Media Contact

    Organization: FlyFin

    Contact Person: Carmen Hughes

    Email: carmen@ignitepr.com

    Phone: +1.650-576.6444

    Website: https://flyfin.tax/

    City: San Jose

    State: CA

    Country: United States

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  • AntSwap a rising star of Web3.0 encrypted finance, is actively exploiting the composability of DeFi

    Shenzhen, China, 22nd Dec 2022 – According to data analysis platform Nansen’s Smart Money (the wallet owned by the elites in the encrypted world), it can be observed that Smart Money is currently transferring funds to many high-quality DeFi platforms such as Compound, Aave, and wBTC.

    According to incomplete statistics, about $55.6 billion is currently locked in DeFi smart contracts, which is only 31% of the high point of $182 billion in December 2021. Maker’s TVL (Total Value Locked) dominance of 13.98% is much lower than its dominance of over 50% during 2020. This also indicates that the market dominance of traditional DeFi giant platforms is declining rapidly. Some high-quality DeFi star platforms are constantly occupying their respective markets and investing a lot of energy in “fan” loyalty. Complete community DAO governance has become an important factor.

    The liquidity aggregator and multi-chain intelligent income engine developed by the AntSwap team can integrate a variety of DeFi protocols to help retail investors access DeFi without technical barriers. In the old days of Web 2.0, you created a system of bank accounts in multiple countries and different currencies, and then used those accounts to transfer funds. The process is complex and involves not only many banks, but all the infrastructure behind those banks, which are not necessarily connected (such as SWIFT and IBAN). Things get more complicated when buying financial products or assets from these accounts. This is why getting new retail investors into the trading market is a daunting process. Simplifying the process of user access is an important goal for the sustainable development of financial platforms.

    It is understood that the decentralized DeFi platform that the AntSwap team is currently building on the liquidity aggregator is committed to providing users with Web3.0 DeFi transactions that obtain multiple benefits through native tokens and a single platform. AntSwap related personnel said that the current development team is building the most comprehensive liquidity aggregator in the market, which will aggregate the liquidity of major centralized exchanges, decentralized exchanges and exchange pools on the AntSwap decentralized platform.

    At the same time, AntSwap has built a series of solutions to solve practical problems among the many problems faced by DeFi such as market liquidity, adoption rate and accessibility. It has completed the advanced liquidity aggregator protocol (AntSwap Protocol) and focused on generating income Streaming product offerings. At present, with ANT tokens as the core, NFT+GameFi income-based products have been formed, including trading APIs, trading widgets, DEX toolkits, high-profit DEXs, exchange liquidity enhancement plug-ins, and more. Among them, AntSwap trading API is used as infrastructure, which embeds powerful tools, signals and functions to ensure users to conduct the most intelligent transactions at the best prices.

    AntSwap provides users with financial access to all encrypted assets through the liquid market. From the perspective of vision, the project hopes to create a one-stop DeFi platform to lower the threshold for using DeFi protocols, maximize the composability of DeFi, and ultimately help decentralized finance eliminate middlemen, minimize trust, and popularize the market. Its platform currently provides a complete closed-loop DeFi activity of intelligent flash swap of assets on the chain. As an important value transmission medium in the DeFi ecosystem, smart flash swap allows individuals and institutions to safely and quickly execute smart contract-based flash swap agreements on the public chain.

    After the user completes the connection to the decentralized wallet on AntSwap, he can easily complete various DeFi activities on the interactive front-end (dashboard). At present, AntSwap provides users with solutions including but not limited to: custody, trading, token flow, encrypted subscription, cross-chain integration and other DEX.

    According to the announcement on AntSwap’s official website, its native token ANT will be launched on major exchanges in phases in Q1 of 2023, and the NFT ecological expansion will be carried out simultaneously.

    Media Contact

    Organization: antswap

    Contact Person: Thi Truong

    Email: antswap2@gmail.com

    Website: https://antswap.vip

    City: Shenzhen

    Country: China

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  • Secret Ways To Make Money With ChatGPT Review – Use Cheatsheets Says AFF

    The question everybody is asking today is how to make money with ChatGPT.Sean over at achievefinancialfreedom.co has recently provided some of the answers to the question everybody is asking. Which is how to make money with ChatGPT.Achieve financial freedom releases its unbiased review on ChatGPT and how to make money with it.

    United States, 22nd Dec 2022 – Achieve Financial Freedom released its review about how to make money with ChatGPT.  In this release, they published an unbiased review of a revolutionary new AI technology that is taking the internet by storm. They also provide power cheetsheats to help make money with ChatGPT.

    With countless reviews posted online, affiliate marketing website Achieve financial freedom has called its method for assessment as “fair and honest” of the the new AI technology created by OpenAI.

    They created this review to oppose the excessive and disturbing proliferation of churn and burn review sites that appear to be posting “propaganda” to make affiliate sales.

    Achieve Financial Freedom says there seems to have an endless supply of overly positive reviews for many products. Sean, at achievefinancialfreedom.co believes this is because they receive commissions from affiliates that go beyond their desire to provide fair, honest, and unbiased review. Their greed far outweighs their honesty, so they gloss over all the negatives in their product. The downside of this is that it reduces the integrity of online reviews.

    Achieve Financial Freedom highlights the positives in their online review of ChatGPT and how to make money with it. For example, ChatGPT does what it says which is it can do things a human can do only much faster such as write code, write sales copy and solve complex problems.  In short, ChatGPT is really a super computer that you now have at your fingertips and there are several ways to make money with it as achievefinancialfreedom.co explains.

    However, Achieve Financial Freedom does not betray its integrity and avoids bias by highlighting the shortcomings of its ChatGPT. For instance Sean pointed out while ChatGPT is free right now he doesn’t expect that to always be the case.  Sean also pointed out while ChatGPT is an AI tool that can do amazing things and help people make a lot of money it can also be used for nefarious purposes as well.

    Overall, Achieve Financial Freedom rated ChatGPT and its money making potential as excellent and definitely one of the better options. Sean also stated that the conclusions are fair, unbiased, and created with the consumer in mind.

    For a complete and unbiased explanation and review of the ChatGPT and how to make money with it, visit: https://achievefinancialfreedom.co/7-ways-to-make-money-with-chatgpt-use-power-cheatsheets/

     

    About Achieve Financial Freedom

    Achieve Financial Freedom was created to rescue people from the monotony of a nine-to-five lifestyle. Their team of professionals offer motivation and inspiration for those daring enough to start their own business, in addition to providing essential resources and advice on how best to establish a secure foundation for your new venture. Furthermore, they provide reviews and feedback on emerging businesses; detailing advantages as well as potential drawbacks that allow one make an informed decision regarding continuing down said path or pursuing alternative options.

     

    Media Contact

    Organization: Achieve Financial Freedom

    Contact Person: Mr. Sean

    Email: markiejones300@gmail.com

    Website: https://achievefinancialfreedom.co/

    Country: United States

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  • Meta.N consortium, a leader in Korean Blockchain Company, successfully obtain a golden ticket to enter the NEOM CITY project in Saudi Arabia

    Korea South, 22nd Dec 2022 – The Saudi ATQEN Group, which supports composition and structuring for Korean companies to participate in the Neom City project, one of Saudi Arabia’s mega projects, hired a total of 10 Korean companies during the visit of Crown Prince Mohammed bin Salman to Korea on November 17, 2022. Designated as a consortium partner. Among the fields that will participate in Neom City, such as construction, IT, and energy, NEOM City will be built using advanced technologies of Korean companies. Among them, Korea’s next-generation blockchain technology company Meta.N, “Meta.N stands out in the IT blockchain field.” And Meta.N newly established the Meta.N consortium with Sewon E&C (KOSPI: 091090, listed company) to focus on this project, led by CEO Meen Eom, after intensive technology development for about 4 years. As a matter of fact, Meta.N and Sewon E&C had already built a strategic partnership of the blockchain & NFT technology field since 2021.
    Meta.N consortium plans to use the next-generation blockchain technology of the Meta.N to create a digital currency to be applied to Saudi Arabia’s smart city, and to create a payment coin exclusively for Neom City based on crude oil-based ‘stable coin’. The “Meta.N” consortium’s payment coin project also includes plans to build a crude oil-based ‘stable coin’ that can be used daily in the Kingdom of Saudi Arabia and the UAE. Establish a future strategy for how the solution of the Meta.N consortium, which is specialized in the digital asset market, will be combined with the Neom City project and the Meta.N consortium’s crude oil-based ‘stable coin’, and through future discussions, the Meta.N consortium plans to use the blockchain technology in Neom City.

    ATQEN said that Saudi Arabia’s Neom City is promoting digital convergence, and they are expecting a lot from Meta.N’s role. Along with this, in relation to the UAE business project, Meta.N CEO Meen Eom said, “We will construct a system that can pay for resource transactions using Meta.N’s crude oil-based ‘stable coin’.” and “In Gulf Cooperation Council (GCC) countries including the UAE, crude oil-based ‘stable coins’ can be paid and traded using Meta.N’s payment coin. The world’s dependence on our crude oil-based stable coins will increase dramatically. Now, with our strategy of creating a ‘stable coin’ and blending DAG guarantee/insurance solutions, crude oil will go beyond its real-world use and dominate the world of digital assets.”

     

     

    Media Contact

    Organization: Meta.N

    Contact Person: Neom City project

    Email: sociag@gmail.com

    Website: https://www.NeomCityproject.com

    Country: Korea South

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  • Avalon Brown announces the launch of her new book, Mommy Why Do I Have A Cold?

    New York, NY — Author Avalon Brown has announced the launch of her new book, Mommy Why Do I Have A Cold? A book designed to help children and parents learn more about how to prevent themselves from catching a cold and get rid of its symptoms.

    Author Avalon Soulette Brown, grew up in Newark, New Jersey and has successfully authored seven books including a memoir, a novel, and five children’s books. Avalon also co-authored six anthologies. Her new book, Mommy Why Do I Have A Cold? Is an easy read that is educational as well as a fun picture book. Avalon said, “Children will be able to identify with the pictures and remember the things they learnt about how people catch colds.”

    The author’s intention behind this book is to education parents and children on how to act and what to do when their kids catch a cold. Also, the book provides deep insights on what causes cold in the first place so that they can prevent this in the future.

    Mommy Why Do I Have A Cold? will be hitting all top book publishing platforms this December, including Amazon, Kindle, and Barnes & Noble Press, among many others.

    For more information or to get more information from the author, email authoravalonsbrown@yahoo.com

  • Unlimited Flight Plan Released By Apollo Travels INC

    Cutting Business Travel expenses by more than 60% annually, FOUNDER/CEO Fardin “Fhar” Talha Apollo Travels INC have launched their “Unlimited Flight Club”. A membership based program that offers businesses and frequent flyers 35% off international business class and 20% off domestic business class per ticket per flight.

    Businesses are always looking to do anything to cut costs in hopes to maximize revenue. For years it has always been about who is giving the best deal and which supplier is offering the best bulk rate that can help a business cut their annual costs. However, one expense has always been uncuttable… business trip flights. “Why are we booking multiple flights throughout the year from an airline but still paying the same price as a person who is only flying once a year?” is a question both Founder/CEO Fardin “Fhar” Talha and COO Taseen Seeam have asked themselves multiple times. “Why is there no such thing as an unlimited flight club where professionals who travel frequently on business trips can pay a discounted bulk price?” asks Fardin “Fhar” Talha.

    Now with the power of partnerships supplied by Apollo Travels INC, companies and businesses can cut expenses in the category of flights. Apollo Travels INC offers both single memberships for frequent leisure travelers and corporate partnerships for businesses who fly multiple executives/employees yearly. Single memberships can be purchased thru the Apollo Travels Website. Businesses that need multiple memberships can contact Apollo Travels INC thru the website to structure out a personalized “corporate deal”. Apollo Travels INC also provides a personal travel concierge to every member.

    About The Founders

    Fardin “Fhar” Talha is a business minded Avantgarde. At only 20 years of age he has accomplished high financial feats through his successful business ventures starting from the age of 17. “The road to success hasn’t been a straight one for me, but in life there are only two things one can do… Adapt & Overcome. For every venture that I go on I have multiple routes planned. Not every road leads to the destination, but the ones planned outside the box tend to have the highest success rate. Apollo Travels is an outcome of the outside the box philosophy.”

    Taseen Seeam, Baruch College Zicklin School Of Business Graduate, helps oversee the operational/technical aspects of Apollo Travels INC. “ It is said that for every dollar a company has spent on business travel in 2022, there was a $2.90 profit increase. With the savings from Apollo Travels, that $2.90 in profit increase can turn to upwards of $4.00 profit per $1 spent per business trip. We can help cut the annual costs of your business travel expenses by 60% and even more. Not only do we help maximize your revenue, we take it one step further and supply you with a personal travel concierge to handle the paper aspects of booking a flight so that all you worry about is making it on time to the boarding gate ”

    Media Contact

    Organization: Apollo Travels INC

    Contact Person: Fardin “Fhar” Talha

    Email: fhar@apollotravels.net

    Website: https://www.apollotravels.net/

    City: NYC

    Country: United States

    The post Unlimited Flight Plan Released By Apollo Travels INC appeared first on King Newswire.

  • TVM starts to develop LaLiga Metaverse Tokens

    This step follows as the development of official LaLiga metaverse platform progresses smoothly for the launch schedule on H1 of next year.

    South Korea, 21st Dec 2022 – ABOUT TVM INC: The Tvm inc. is an official LaLiga sponsor company. According to LaLiga (The LaLiga National Professional Football League) on the 20th of Dec.

    The metaverse company TVM, has announced that it has started to develop LaLiga Metaverse Tokens, which would be used as the key reward and payment tool on LaLiga Metaverse. 

    TVM is one of LaLiga’s +10 global official partners and has the exclusive right to use the designation of “Official Metaverse of LaLiga”. Among the world’s five major football leagues, LaLiga is the first that enters the metaverse, and for that end, selected a Korean company TVM as its metaverse partner to build its LaLiga Metaverse.

    On its press release in May, LaLiga and TVM expressed their intention to provide more realistic and in-person interaction and fan engagement to LaLiga’s fans around the world by utilizing advanced technologies such as VR, AR, and XR. Based on wide range of exciting “fun” elements, contents, and fan participation such as the fans’ individual internet broadcasting, fun games, match result forecasting competition, fan communities, and social media functions, they revealed their ambitious goal of “Creating the Best Digital Football World for Fans.”

    In particular, the tokens will be used in a wide range of contents, including payment tool for various contents within the Metaverse, fan voting, player and club sponsorship, streamer sponsorship, donation, and rival games between club fans, but more importantly, they can be acquired as a reward point through user activities.

    Leo Choi, Block Chain Director of TVM, said, “LaLiga Metaverse Tokens will be used for NFT and P2E (Play to Earn) Rewards as well as various fan activities. Upon opening of platform, we forecast that at least hundreds of millions of holders will rapidly flow in from LaLiga fans and Metaverse users worldwide. Since LaLiga fans will actually use the Tokens on the platform, we are putting our best effort to prepare perfectly for security and functionality”.

    LaLiga stated, “The LaLiga Metaverse will allow our fans around the world to enjoy various visual contents such as club stadium, their cities or landmark buildings, and to socialize each other on more real-like basis. We are looking forward to providing a variety of contents that our fans can enjoy and participate in, as well as ultimate convenience and enjoyment to fans who love LaLiga.” 

    From the right, Sisley-L (TVM CEO) with Javier Tebas Medrano (LaLiga President), Seongmin Yu (TVM Chairman), Óscar Mayo Pardo (Executive Director), Ivan Codina (LaLiga Managing Director, SEA – Japan, S. Korea & Australia) (Photo: TVM )

    Sisley L, CEO of TVM, said, “If the limitless functions of VR, AR, XR, and blockchain technologies are combined with LaLiga Metaverse, it will be able to provide various events and fun for fans.”, expressing her expectation for the Metaverse and Tokens. She also added, “Apart from TVM, we are aware that domestic entertainment companies that have many global Korean Wave fans (for K-Pop and movies, etc.) are also preparing entertainment-type metaverses. Along with TVM, this provides a great opportunity for Korea to emerge as the global hub of the upcoming metaverse era. As such, we forward to more active support from the government.”

    According to PwC, a global consulting firm, the ripple effect of metaverse on the economy is expected to grow rapidly, reaching $476.4 billion in 2025 and $1.5 trillion in 2030. Recently, major US big tech companies such as Meta (formerly Facebook), Apple, Microsoft, and NVIDIA are investing heavily in metaverse, particularly after the Covid-19 pandemic. So as the LaLiga Metaverse opening approaches, the industry is keeping its eyes closely on the metaverse of the giant Spanish football league.

     

    Media Contact

    Organization: TVM Inc.

    Contact Person: Media Relations

    Email: contact-int@tvm.inc

    Website: https://tvm.inc/

    Country: South Korea

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  • Paddys Odyssey, The Blue Chip NFT Collection In 2023

    Liverpool, United Kingdom, 21st Dec 2022 – Paddys odyssey is an NFT Collection Dedicated To The Irish Diaspora And Celebrates The Millions Of Irish Abroad. This Is a Multi-Generational Project On The Ethereum Blockchain. Paddy Left Ireland In Bulk After The Genocide Of The 1840’S. He Mostly Headed For The USA, Arriving Via ‘Coffin Ships’. 

    The first collection starts in the 1930’s. Paddy has firmly established himself at this point and is starting to influence the way things are run. Paddys are depicted in a wide range of roles, from Doctors to Gangsters and even as a politician.  This is a very exclusive mint, with only 1847 been available. The mint will take place on St. Patricks Day 2023 (17/3/2023)

    Excitement levels are very high with this project, due to the diversity of the project and the application of real-world assets to a cryptocurrency project. 

    The marketplace and ecosystem will be driving by their native token, the Pot Of Gold (POG) token. 

    One Of the Cornerstones Of Our Project Is Providing Exclusive Access To A Holiday Home/Summer Cottage In One Of The Many Beautiful Coastal Regions In Ireland.

    ALL Hodlers of A Paddy Will Have A Chance To Enjoy This. Though OGs Will Have First Preference On Times. OGs Will Also Get A 50% Discount On Minting Day.

    There Will Also Be Staking Opportunities For Paddys Hodlers, An Exclusive Space In Our Discord Server For Further Discussion On Project Development and much more! 

    •  Highlights include:
    • Exclusive mint (Only 1847)
    • Access to our community Irish Cottage
    • DAO for all holders
    • POG Token (15% give to the community via our Discord)
    • Staking
    • Revenue sharing from cottage rental

    Check out our website and social media accounts. Don’t forget to join us on Discord for exclusive members only giveaways! 

    Website: https://paddysodyssey.com/

    Discord: https://discord.gg/paddysodyssey

    Twitter: https://twitter.com/Paddys_Odyssey

    Media Contact

    Organization: Paddys Odyssey

    Contact Person: Media Relations

    Email: support@paddysodyssey.com

    Website: https://paddysodyssey.com/

    City: Liverpool

    Country: United Kingdom

    The post Paddys Odyssey, The Blue Chip NFT Collection In 2023 appeared first on King Newswire.

  • The SEO Link Building Experts Have Found A Way To Establish Long-Lasting And Powerful Results With Their Link Building Expertise

    The SEO Link Building Experts has helped connect businesses with clients

    Richmond, United Kingdom, 21st Dec 2022 – The SEO Link Building Experts has figured out a way for businesses to establish long-lasting and powerful results with their link building approach. Although done manually, their approach is personalized and result-driven which drives the business for a retained popularity and success. The company has had over hundreds of clients for their link building expertise and has been supported by other SEO professionals and link building resellers.

    Link Building has been a hot topic in the SEO industry. Industries availing these services have shown an improvement in incoming traffic and stability in attracting potential clients or customers. “Link Building is an art of forging a direction for potential customers or clients to follow the trail and we have mastered it”, said the founder of The SEO Link Building Experts.

    Many clients of SEO Link Building Expert have expressed their views and testimonials based on their link building services offered.  Majority of the client testimonials reflect that the company has helped them achieve their goals with constant support and best services. This reflects a good image about the company’s potential and its employees. Hence, clients claim that working with The SEO Link Building Experts is collaborative and productive. 

    “The tricky business of SEO is made simpler with our knowledge in the industry and the expertise of our seasoned employees”, said Laurence Peter the Content Strategy Director at The SEO Link Building Experts. The unique approach of The SEO Link Building Experts has assisted many gains visibility and get powerful results. 

    Based on The SEO Link Building Experts profile, they also offer Copywriting services and white label links. “We map out a laser-focus targeting our client’s goals, helping them reach it without any hurdles.” said the founder, Joe Ryan. Currently, The SEO Link Building Experts are taking things up a notch with an increasing client base and the expansion of resources to provide the best services. 

    About The SEO Link Building Experts

    The SEO Link Building Experts was founded by Joe Ryan who has worked in the SEO industry since 2006. He is passionate about SEO and established this company to help businesses reach their digital potential online. From copywriting to link building services, The SEO Link Building Experts provides it all. The company has ensured campaign success to many businesses and has established good ratings uplifting its reputation and credibility.

    Media Contact

    Organization: The SEO Link Building Experts

    Contact Person: Joe Ryan

    Email: info@seolinkbuildingexperts.com

    Website: https://www.seolinkbuildingexperts.com

    Address 1: 19 Pyrland Rd, Richmond TW10 6JA, United Kingdom

    City: Richmond

    Country: United Kingdom

    The post The SEO Link Building Experts Have Found A Way To Establish Long-Lasting And Powerful Results With Their Link Building Expertise appeared first on King Newswire.

  • Syscoin Signs Major Deal to Boost Web3 Development in Asia

    Eindhoven, Netherlands, December 21, 2022, Syscoin, a decentralized and open-source project founded in 2014, has announced a long-term partnership with WEconomy, the largest Web3 incubator in Asia. The move marks a significant expansion milestone for the Syscoin ecosystem and adoption across Asia.

    The newly founded WEconomy, currently consists of seventy startup projects and DAOs (Decentralized Autonomous Organizations) from across Asia, including China, Taiwan, and Vietnam. Its mission is to have 100 projects within its incubator and ready to deploy on time with the launch of Syscoin’s Layer 2, named Rollux, in Q1 2023. Rollux is the first EVM-compatible Layer 2 rollup suite currently positioned to go live on mainnet.

    “We are pleased to welcome WEconomy into the fold and look forward to making our mark on Asia, We are on the verge of releasing Rollux, the first EVM-compatible Layer 2 complete with rollups and our proprietary Proof-of-Data Availability solution, set to be the first of itskind to launch on mainnet next year. This represents a major breakthrough in scalability that will usher in mass adoption as we realize the true Web3 experience unhindered by scaling ceilings in fee,” noted Jagdeep Sidhu, Lead Core Developer & President of the Syscoin Foundation.”

    WEconomy has already been utilizing Syscoin’s NEVM [Layer 1] network and their Rollux testnet [Layer 2] to prepare its projects to be ready to go live once Rollux launches. It operates a self-sufficient DAO and continuously assesses the progress of its members for accountability.

    “WEconomy is a large collection of teams, most of whom are Web2 and eager to migrate to Web3. We recognize the technology of Syscoin is best prepared to help us make this transition thanks to their Ethereum-compatible Layer 2, which will launch before anyone else’s. We thank the Syscoin team for all of their help and look forward to continuing to work together,” said Kering, Head of WEconomy.

    Asia is a hotbed of Web3 innovation and home to the largest number of developers within the space. WEconomy establishes a strategic foothold in this important market. According to market research and strategy consulting company Emergen Research, the Asia Pacific market is expected to experience the fastest revenue growth through 2030.

    About

    Syscoin is a decentralized and open-source project founded in 2014 whose NEVM blockchain combines the best of Bitcoin and Ethereum in a single coordinated modular platform. Syscoin is ushering in the next step in the evolution of blockchain technology, providing Bitcoin’s proven security and Ethereum’s Turing-complete programmability elevated to true scalability via Optimistic, ZK-Rollups, Cross-chain ZK-Rollups and other Layer 2 technologies.

    Website | Discord | Telegram | News | Github | YouTube | Facebook | Twitter | Instagram

    WEconomy is a Syscoin Web3 incubator for Asia. They are investor-backed and utilizing a DAO model to fund the projects accepted into their ecosystem. Developed for Syscoin’s Layer 2 Rollux, they currently host seventy projects and are aiming to reach 100 by the time of Rollux reaching mainnet in Q1 2023.

    Website | Twitter | Telegram | Discord

    Media Contact

    Dylan Stewart

    Email – Press@syscojn.org

    Wang Guo

    Email – pistis@weconomy.space