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DAKAR, Senegal, Apr 19, 2022 - (ACN Newswire) - MuskMelon, the latest entrant to the NFTs (Non-Fungible Tokens) and Gaming segment, rose during its first trading day on Bitmart and XT briefly returning 6000% to investors. MuskMellon is a utility token developed on Binance Smart Chain and Ethereum. 10,000 unique 3D NFTs came to the marketplace, tradeable in the gaming ecosystem.
The evolutionary and disruptive industry is focusing on the utility of these NFTs. Metaverse integration has picked up pace, and the growth and benefits for the gaming industry are already prevalent. Experienced players entering the space with unique play to earn and NFT avatar models will lead to a more significant boost to the ecosystem.
Neal Mathews, Project Director of MuskMelon, said, "The tradeable part of the gaming ecosystem is scheduled for launch in May 2022, with the eagerly awaited Run Melon Run. This is the first Game to be launched on the platform that will host the Melon NFTs and merge the utility of the Melon Tokens, enabling users with dual benefits. The game will be available on iOS, and on Android after its launch."
MuskMelon allows meme creators to spread their word, build a strong community and earn. The entire process of MuskMelon is decentralized and helps aspiring meme creators showcase their talent to the world. The platform prides itself on being a community-driven initiative, which reignites the spark that brought the Blockchain-Cryptocurrency industry to life.
MuskMelon seems to be an ecosystem that wants to engage the global audience with NFTs and immersive gaming possibilities. Melons with a maximum supply of 10 billion tokens and are launched on the BEP20 and ERC20 networks. The MuskMelon community wanted to ensure maximum public participation and a fair sale.
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comMusk Melon, the latest entrant to NFTs (Non-Fungible Tokens) and Gaming, resulted in over 6000% returns to the investors on Day 1, traded on Bitmart and XT, developed on Binance Smart Chain and Ethereum. Over 10,000 unique 3D, NFTs launched with Gaming in the last month.
Singapore, Apr 19, 2022 - (ACN Newswire) - TechCreate Solutions Private Limited ("TechCreate"), a Singapore-based technology services group specialising in innovative digital payment and digitalisation solutions, and Diginius Pte. Ltd. ("Diginius"), a provider for IT security and infrastructure solutions, are pleased to announce a merger between both companies via a share swap transaction that will value the enlarged fintech enterprise, TechCreate Group, at USD$30 million, based on a valuation that was recently completed by one of the Big 4 accounting firms.
From left: Mr Lim Heng Hai, (Group CEO of TechCreate Group) and Mr Ronald Vong, (Managing Partner of TechCreate Group)
As a trusted leader in digital solutions, TechCreate has been at the forefront of technology innovation and since its establishment, it has developed its own proprietary Real-Time Payment Engine (RTE) that can further enhance the payment capabilities of financial and banking institutions. Leveraging its technological expertise, legal experience and extensive operational track record, TechCreate has successfully enabled end-to-end digital solutions (such as payment gateways, API gateways and blockchain solutions, among others) for several banking and financial institutions in Asia.
With Diginius' strengths in intelligence and security for concrete cyber resilience, it has built a growing track record with a focus on delivering technology solutions related to cyber security, hyper-converged IT infrastructure and secure application services. Diginius also works with some of the industry's indisputable experts in cyber security and secured infrastructure services, combined with market-leading technologies to provide a springboard for the next phase of digital transformation.
The current CEO of TechCreate, Mr Lim Heng Hai, will be appointed as the Group CEO of TechCreate Group, while the current CEO of Diginius, Mr Ronald Vong, will be designated as the Managing Partner of TechCreate Group.
Strategic Rationale - Powering the Future of Payments in Asia
According to a Mckinsey report issued on November 2020, Asia has outpaced all other regions in terms of payments-revenue growth over the past several years. The region is also the largest contributor to global payments revenue, generating over US$900 billion in 2019, nearly half the global total. The Asia's payments industry is expected to return to mid-to-high single-digit growth rates and, by 2022 or 2023, generating more than US$1 trillion in annual revenue.
Notably, the COVID-19 pandemic has accelerated Asia's payments megatrends and chief among these was the rapidly expanding number of connected and digitally active consumers, with booming e-commerce markets reinforcing the need for digital solutions. The competitive landscape was simultaneously heating up, with the entry of formidable new players--including telecommunications firms, fintechs, "big techs," and other conglomerates--spurring incumbents to step up their own innovation efforts.
Meanwhile, regulators sought to standardise infrastructure while encouraging competition, fostering the introduction of real-time payments, digital know your customer (KYC), and various local payment schemes.
With a focus on powering the future of payments in Asia, TechCreate Group aims to provide cutting-edge innovation and technology capability to enhance value creation for its customers as follows:
- Expanded business scale with integrated solutions: Having the capabilities to provide more comprehensive and integrated technology solutions related to payment and digitalisation platforms to serve new and existing customers across Asia.
- Strong potential to create new customer value propositions: Ability to broaden its reach and serve diverse customer segments with differentiated requirements and objectives, thereby creating the opportunity and potential to develop proprietary insights and innovative solutions that are aligned with the new trends of payments and digitalisation in Asia.
Commenting on the merger, Mr Lim Heng Hai, Group CEO of TechCreate Group, said, "This is a transformational transaction for both companies, creating an enlarged company with end-to-end digital payment offerings in high-growth verticals as economies in Asia accelerate their digitisation roadmap.
With our combined capabilities, it amplifies our mission be a leading innovative, customer-centric and eco-friendly technology solution provider in Asia."
Mr Ronald Vong, Managing Partner of TechCreate Group, added, "We are confident that the strengths of the combined company will enable meaningful growth to stakeholders, delivering new value and insights to better serve our markets and customers.
At the same time, it can accelerate our growth and more effectively capitalise on our pipeline and broader market opportunities within the banking and financial industries in Asia."
Issued on behalf of TechCreate Group by 8PR Asia Pte Ltd.
Media Contact: Mr. Alex TAN Mobile: +65 9451 5252 Email: alex.tan@8prasia.com
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comTechCreate Solutions Private Limited and Diginius Pte. Ltd. are pleased to announce a merger between both companies via a share swap transaction that will value the enlarged fintech enterprise, TechCreate Group, at USD$30 million.