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RHT Rajan Menon Foundation presents Gentle Bones Charity Concert on 22 July 2022

SINGAPORE, May 29, 2022 - (ACN Newswire) - Local singer-songwriter Gentle Bones will return to the stage for a good cause in collaboration with RHT Rajan Menon Foundation...

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The guide to scalp Bitcoin’s ranging markets and come out successful

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass AdoptionBitcoin price action or any other running market often presents fractals. Identifying these templates help get an edge over the market’s moves and allows traders to scalp profitably. This article takes a quick look at what the current template is for Bitcoin’s ranging market. Bitcoin price and the short-term bearish outlook Bitcoin price on the […]

Get Ready For A Bitcoin Short Squeeze? Long Traders Pile Up As BTC Struggles

get-ready-for-a-bitcoin-short-squeeze?-long-traders-pile-up-as-btc-struggles

Bitcoin has been hinting at lower levels during today’s trading session. The benchmark crypto was rejected at around $48,000 and has been unable to reclaim its previous highs. Related Reading | Galaxy Digital’s Jason Urban What Will Drive Ethereum To Flip Bitcoin At the time of writing, Bitcoin trades at $43,100 with a 1% and…

The post Get Ready For A Bitcoin Short Squeeze? Long Traders Pile Up As BTC Struggles appeared first on Bitcoin News Miner.

Sky Mavis Announces Early Access Release of Axie Infinity: Origin

Along with the early access is the introduction of free-to-play starter axies to make gameplay more accessible.

The post Sky Mavis Announces Early Access Release of Axie Infinity: Origin appeared first on BitPinas.

The Dangers of Decentralization

The crypto community has turned decentralization into a fetish. Here’s where Satoshi Nakamoto was wrong.

The post The Dangers of Decentralization appeared first on Bitcoin Market Journal.

SEMK (2250.HK) Announces 2021 Adjusted Net Profit Increases by Nearly 30% to HK$77 million, Becomes the Largest Domestic Character IP Company In China

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HONG KONG, Mar 30, 2022 - (ACN Newswire) - SEMK Holdings International Limited ("SEMK", together with its subsidiaries, the "Group", stock code: 2250.HK), the largest domestic character Intellectual Property (IP) company* engaged in the provision of licensing services, design consultation services and retail of licensed brand products of its self-created B.Duck family characters, announced today the first annual results after its listing on the Main Board of The Stock Exchange of Hong Kong Limited on 17 January 2022.

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Mr. Eddie Hui, Chairman and Chief Executive Officer of SEMK.

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Together with its licensee, MADworld, SEMK launched its first drop of B. Duck NFT - 4,000 unique and original design 3D B.Duck NFTs as collectibles and potential future gaming celebrities.

Despite the unprecedented challenges due to the COVID-19 pandemic (the "Pandemic"), SEMK's business remains resilient. The Group's total revenue for the year ended 31 December 2021 ("FY2021" or the "Year") was approximately HK$290.0 million (FY2020: HK$233.5 million), representing a year-on-year growth of 24.2%. Excluding listing-expenses, the adjusted net profit for the Year was HK$77.3 million (FY2020: HK$59.8 million), representing a significant increase of 29.1% from the previous year.

The Board has resolved to declare a final dividend of HK$4.8 cents per ordinary share issued for the year ended 31 December 2021.

Mr. Eddie Hui, Chairman and Chief Executive Officer of SEMK, said, "It is an honor for me, for the first time as Chairman of SEMK, to relate to you our first annual results after listing. I am thrilled to announce that SEMK has become the largest domestic character IP company and ranked the fourth among all character IP companies in China, in terms of character licensing revenue in 2021*. It is our mission to be one of the pioneer Chinese character IP to expand in overseas so that can bring happiness and "Playful" lifestyle worldwide and empower soft power in Chinese cultural style. Indeed, the global licensing market is dominated by American and Japanese IPs, more than 60% of global retail sales of licensed goods attributable to North America. China only occupied less than 4% of global retail value of licensed products in 2021, which is not in same pace of global GDP sharing for China, this implies that the licensing market in China is in a very high growth potential. Our historical pace of growth is much faster than the overall growth rate of licensing market in China. Among other top 10 largest licensors in China, B.Duck is the youngest one and has demonstrated its high growth track records in the past years.

The listing of SEMK on the Main Board of the Hong Kong Stock Exchange in early 2022 is undoubtedly an important milestone for us. Looking forward, we will continue to adhere to our product-oriented development strategy, draw on our strong design capabilities and extensive licensees' network to bring more high-quality products to our fans."

Resilient Business Performance
The Group are principally engaged in two major businesses - character licensing business, as well as e-commerce and other business.

Character Licensing Business
The Group's character licensing business can be broadly divided into five service types, namely (i) merchandise licensing; (ii) location-based entertainment ("LBE") licensing; (iii) content and media licensing; (iv) promotion licensing; and (v) design consultation, which are interrelated and complementary to each other, with each of them being provided on a single, multi-service or integrated basis.

The Group's revenue from character licensing business increased by 69.9% to HK$166.6 million during the Year (FY2020: HK$98.0 million), mainly driven by the increase in excess royalties charged from the Group's licencees as a result of their increased sales of goods or services featuring the Group's IP characters. This segment accounted for 57.4% of the Group's total revenue in FY2021. The number of licencees (exclusive of licensing agents) the Group had increased to 385 as at the end of FY2021 (FY2020: 315).

E-commerce and Other Business
The Group' s e-commerce and other business mainly involve the sale of B.Duck family characters-featured products on e-commerce platforms of third parties and through offline sales channels. Seeing the potential synergies to be generated from the character licensing business, the Group began to explore the possibility of designing and selling its own products on e-commerce platforms. In 2015, SEMK launched its first online flagship store on Tmall, a well-known business to customer online shopping platform in China.

Following the success in the opening of such flagship store, the Group subsequently expanded onto other e-commerce platforms, such as JD.com, VIP.com and HKTVmall, to offer its products and allow customers to pay online with products directly shipped to the customers. During the Year, revenue from e-commerce and other business was approximately HK$123.4 million.

Launch of B. Duck NFTs and MOU with MADworld
With robust design capabilities and creativity, over the decades, the Group was able to ride on its self-create characters to launch various kind of licensed products in order to cope with changing consumption habits of B.Duck's fans. Recently, SEMK deployed a globalized business blueprint with an NFT "Non-fungible token" market. Joining hands with MADworld, the launch of B.Duck NFTs was a three-part series. The first drop, which was already launched, included 4,000 unique and original design 3D B.Duck NFTs as collectibles and potential future gaming celebrities. It was well received by the market and was sold out in 5 hours during the public session.

To facilitate strategic moves in this field in the future, SEMK has also entered into a memorandum of understanding (the "MOU") with MADworld Advisory Limited ("MADworld"), which specializes in development of licensed or licensable IPs into NFTs and other digital creatives, and marketing and offering to sell the same on platforms to be developed and/or accessed by such company. Pursuant to the MOU, SEMK and MADworld shall within two (2) months from the date of the MOU, enter into a joint venture agreement to establish a joint venture entity intended to be principally engaged in, amongst others, development of artworks and IPs owned by the Group into NFTs

Mr. Eddie Hui, Chairman and Chief Executive Officer of SEMK, concluded, "2021 was a peculiar year for us. Against the backdrop of the pandemic, thanks to the robust commitment of our team in delivering the strategic plans, we managed to sustain a resilient performance albeit the market challenges. The opportunities presented by the pandemic prompted us to make sufficient progress in online commercial operations, product flexibility, and B.Duck community online and offline digitalization integration.

Looking forward, through our strong fan base and coverage on social media-and e-commerce platforms, we will continue to accelerate the development of our product design capabilities in different territory, so as to expand to different variety licensing categories, including but not limited to LBE and digital assets projects. We will also proactively look for opportunities of strategic partnerships, alliances and acquisitions to facilitate sustainable business development."

About SEMK Holdings International Limited
SEMK Holdings International Limited (stock code: 2250.HK) is the largest domestic character IP company engaged in the provision of licensing services, design consultation services and retail of brand products of its self-created B.Duck family characters.

With strong in-house artistic design capabilities, SEMK has developed and nurtured a proprietary portfolio of approximately 26 self-created characters created under the motto of "Be Playful". As at 31 December 2021, B.Duck family characters had recorded in aggregate more than 10.5 million subscriptions or follows by B.Duck fans on various e-commerce platforms and social networking platforms, with in aggregate, over 740 million views of various types of content in relation to the elements of B.Duck family characters along with our "Be playful" motto.

Media Enquiries:
Strategic Financial Relations Limited
Heidi So Tel: (852) 2864 4826 Email: heidi.so@sprg.com.hk
Rachel Ko Tel: (852) 2114 2370 Email: rachel.ko@sprg.com.hk
Ivy Chan Tel: (852) 2864 4890 Email: ivy.chan@sprg.com.hk
Website: www.sprg.com.hk


Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comSEMK Holdings International Limited ("SEMK", together with its subsidiaries, the "Group", stock code: 2250.HK), the largest domestic character Intellectual Property (IP) company* engaged in the provision of licensing services

FREY: More Than Just A GameFI Ecosystem, Begins The Whitelist Event

Frey team is pleased to introduce itself to the community, as it moves towards the Whitelist Event. FREY, a comprehensive ecosystem focused on exploring the gamefi world, looking at the current market cap, active player base, and industry players, and emerging trends in the space.

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FREY is distinct because it expands the use of blockchain from simple value transfer, to more complex metaverse applications, such as FREY DAO, GameFi, NFT, and there will also be plans including but not limited to FREY Pocket and FREY smart-chain in the future.

FREY‘s main line of comparison lies within the traditional gaming market with the same players being targeted as their audience. It is innovating a new unobtrusive way of connecting an exciting virtual world to blockchain features. FREY aims to attract millions of gamers, and to associated greater opportunity for revenues.

Decentralized governance (DAO)

The decentralized chain operation of FREY is inseparable from the governance of DAO. DAO keeps running through intelligent contracts, and encodes transactions and rules in the blockchain. For FREY, it has various advantages and realizes openness, justice, no intervention and autonomous operation.

FREY will ensure the release and development of its own ecological applications until the FREY community is established to maintain itself completely decentralized. FREY's DAO governance adopts the incentive mechanism of general certification, which will be used as the value storage carrier to capture and solidify the growing value of the protocol network.

Framework of FREY

FREY platform architecture is composed of several components. In terms of blockchain integration, we have a traditionally backend running on the cloud to support our web frontend. An S3 bucket is used to store the asset of the artist before they get minted.

While we currently guarantee the privacy of the artist work (to protect their work from being copied prior to minting), we envision later a system that would prevent even us to peek at the artist work pre-minting.

Here is an overview of the overall architecture with all components represented.

FREYGLOBAL Foundation

The FREY project was initiated by the FREYGLOBAL FOUNDATION. In the exploration of the Metaverse and GameFi ecology, FREY's success is inseparable from the strong support of the Foundation. With the strong financial and technical strength of the foundation, FREY has reached a consensus on cooperation with many platforms in the industry. The FREYGLOBAL FOUNDATION will continue to help the development of the FREY project and contribute to the development of the blockchain industry.

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass Adoption

FREYGLOBAL FOUNDATION is active in a variety of capital markets, establishes a professional financial management team, identifies and captures investment opportunities in the global digital financial market through resource integration, risk management and quantitative research, and creates value for customers.

FREY Vision Ahead

- FREY IDO SALE: FREY will be holding IDO on DODO Platform, giving out 1500 Whitelist spot for random winners.

- Blind box sale: users will draw various game items through the blind box sale.

- FREY games launched: the first launched game will be the Farm&fun, which is one of popular games in the FREY ecosystem.

- Open DEX trading pairs: to bring users a better trading experience, more DEX trading pairs will be opened.

- FREY Wallet application launched: the FREY Wallet is under development and will bring users a special wallet application experience in the future.

- FREY Chain application launched: through the combination of GameFi, Wallets and Public-chain, FREY will bring users a complete and free virtual world.

- DEX applications developed: DEX Apps will have more market advantages, which is also one of the focuses of FREY in the future.

- More ecological development and cooperation: for the exploration of blockchain, metaverse, GameFi, DeFi, NFT, and DAO, FREY will never stop.

Details about FREY IDO SALE & Whitelist contest

The Whitelist Link: https://docs.google.com/forms/d/e/1FAIpQLSfiC91iU0Ve1tCVHzmXlCa9PefZXnDcqxblfw189LgJ6eFGDQ/viewform 

Launch date: April 6th

Crowdpooling Token Allocation: 150,000 FREY

Crowdpooling Hard Cap: 150,000 USDT

Crowdpooling Token Price: 1 FREY = 1 USDT

Personal Hard Cap: 200 USDT

Whitelist slots: 1500

Vesting mechanism: TGE 50%, Linear vesting in 2months

Mainnet: BSC Bep-20

Timeline: Whitelist campaign and address collection (March 25th - April 4th). Crowdpooling Start Time: 20:00 PM April 6th, 2022 UTC+8 (Singapore Time). Crowdpooling End Time: 20:00 PM April 9th, 2022 UTC+8 (Singapore Time). Token TGE (April 10th).

Note: FREY contracts have passed CERTIK security audit. All USDT obtained through FREY IDO SALE will be used to add liquidity and have liquidity protection mechanisms.

Social Media

Twitter: https://twitter.com/Freyglobal

Telegram: https://t.me/Freychat

Instagram: https://www.instagram.com/frey_global

Medium: https://medium.com/@Freyglobal

YouTube: https://www.youtube.com/channel/UCi2n17XqXT-UejlG1YaBP8w

Company Name: FreyGlobal

Contact Name: Jason

Email: support@freyglobal.com 

Website: http://freyglobal.com/ 


Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass Adoption

FREY: More Than Just A GameFI Ecosystem, Begins The Whitelist Event

Frey team is pleased to introduce itself to the community, as it moves towards the Whitelist Event. FREY, a comprehensive ecosystem focused on exploring the gamefi world, looking at the current market cap, active player base, and industry players, and emerging trends in the space.

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass Adoption

FREY is distinct because it expands the use of blockchain from simple value transfer, to more complex metaverse applications, such as FREY DAO, GameFi, NFT, and there will also be plans including but not limited to FREY Pocket and FREY smart-chain in the future.

FREY‘s main line of comparison lies within the traditional gaming market with the same players being targeted as their audience. It is innovating a new unobtrusive way of connecting an exciting virtual world to blockchain features. FREY aims to attract millions of gamers, and to associated greater opportunity for revenues.

Decentralized governance (DAO)

The decentralized chain operation of FREY is inseparable from the governance of DAO. DAO keeps running through intelligent contracts, and encodes transactions and rules in the blockchain. For FREY, it has various advantages and realizes openness, justice, no intervention and autonomous operation.

FREY will ensure the release and development of its own ecological applications until the FREY community is established to maintain itself completely decentralized. FREY's DAO governance adopts the incentive mechanism of general certification, which will be used as the value storage carrier to capture and solidify the growing value of the protocol network.

Framework of FREY

FREY platform architecture is composed of several components. In terms of blockchain integration, we have a traditionally backend running on the cloud to support our web frontend. An S3 bucket is used to store the asset of the artist before they get minted.

While we currently guarantee the privacy of the artist work (to protect their work from being copied prior to minting), we envision later a system that would prevent even us to peek at the artist work pre-minting.

Here is an overview of the overall architecture with all components represented.

FREYGLOBAL Foundation

The FREY project was initiated by the FREYGLOBAL FOUNDATION. In the exploration of the Metaverse and GameFi ecology, FREY's success is inseparable from the strong support of the Foundation. With the strong financial and technical strength of the foundation, FREY has reached a consensus on cooperation with many platforms in the industry. The FREYGLOBAL FOUNDATION will continue to help the development of the FREY project and contribute to the development of the blockchain industry.

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass Adoption

FREYGLOBAL FOUNDATION is active in a variety of capital markets, establishes a professional financial management team, identifies and captures investment opportunities in the global digital financial market through resource integration, risk management and quantitative research, and creates value for customers.

FREY Vision Ahead

- FREY IDO SALE: FREY will be holding IDO on DODO Platform, giving out 1500 Whitelist spot for random winners.

- Blind box sale: users will draw various game items through the blind box sale.

- FREY games launched: the first launched game will be the Farm&fun, which is one of popular games in the FREY ecosystem.

- Open DEX trading pairs: to bring users a better trading experience, more DEX trading pairs will be opened.

- FREY Wallet application launched: the FREY Wallet is under development and will bring users a special wallet application experience in the future.

- FREY Chain application launched: through the combination of GameFi, Wallets and Public-chain, FREY will bring users a complete and free virtual world.

- DEX applications developed: DEX Apps will have more market advantages, which is also one of the focuses of FREY in the future.

- More ecological development and cooperation: for the exploration of blockchain, metaverse, GameFi, DeFi, NFT, and DAO, FREY will never stop.

Details about FREY IDO SALE & Whitelist contest

The Whitelist Link: https://docs.google.com/forms/d/e/1FAIpQLSfiC91iU0Ve1tCVHzmXlCa9PefZXnDcqxblfw189LgJ6eFGDQ/viewform 

Launch date: April 6th

Crowdpooling Token Allocation: 150,000 FREY

Crowdpooling Hard Cap: 150,000 USDT

Crowdpooling Token Price: 1 FREY = 1 USDT

Personal Hard Cap: 200 USDT

Whitelist slots: 1500

Vesting mechanism: TGE 50%, Linear vesting in 2months

Mainnet: BSC Bep-20

Timeline: Whitelist campaign and address collection (March 25th - April 4th). Crowdpooling Start Time: 20:00 PM April 6th, 2022 UTC+8 (Singapore Time). Crowdpooling End Time: 20:00 PM April 9th, 2022 UTC+8 (Singapore Time). Token TGE (April 10th).

Note: FREY contracts have passed CERTIK security audit. All USDT obtained through FREY IDO SALE will be used to add liquidity and have liquidity protection mechanisms.

Social Media

Twitter: https://twitter.com/Freyglobal

Telegram: https://t.me/Freychat

Instagram: https://www.instagram.com/frey_global

Medium: https://medium.com/@Freyglobal

YouTube: https://www.youtube.com/channel/UCi2n17XqXT-UejlG1YaBP8w

Company Name: FreyGlobal

Contact Name: Jason

Email: support@freyglobal.com 

Website: http://freyglobal.com/ 


Meme Chain Capital Moves To Next Level: Aims To Be The Future Silicon Valley of Crypto, To Buy Elon Island

Meme Chain Capital ($MEMES) is uniting the Crypto world by formulating the first crypto hub of its kind in the crypto-friendly Bahamas, and is proud to announce its further step. This initiative will include over 100 projects and partnerships to raise over $50 million in NFTs to buy Elon Island to serve as their world headquarters.

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The NFTs created for the initiative will represent passports that grant access to Elon Island. Only a certain limited number of these NFT passports will ever be minted, resulting in scarcity and exclusivity for passport owners.

“Our objective has always been to bring stability to meme projects. We hope by using responsible investing fundamentals and techniques, we can transform the meme coin industry to be one of the biggest parts of the crypto universe.”

— @Ralfyishere, Strategic Advisor

Founded by traditional finance professionals, Meme Chain Capital invests in meme crypto projects and provides passive income to investors in $BUSD rewards. Their team spends a lot of time analyzing different projects, performing proper due diligence, and providing world-class educational content.

About Meme Chain Capital

Meme Chain Capital ($MEMES) is a meme crypto project located on the Binance Smart Chain. Founded in 2022, MEMES has invested in multiple meme crypto projects and provided over 200 unique educational pieces to crypto investors. The MEMES' development team is dedicated to bringing the #MemeLife to the masses, and to elevating meme culture higher than when it was.

PancakeSwap: https://pancakeswap.finance/swap?outputCurrency=0x9a3e0119fa3b606e4425d8017028edebb9662981

CoinGecko: https://www.coingecko.com/en/coins/meme-chain-capital 

Social Media

Twitter: https://twitter.com/MEMEChainCap

Telegram: https://t.me/MEMEChainCapital

Instagram: https://www.instagram.com/memechaincapital

YouTube: https://www.youtube.com/channel/UCqQ78u4UZke0PHMP1svZTzQ

Company Name: Memedao

Contact Name: Ralfyishere

Email: marketing@memesdao.io

Website: https://memesdao.io 


Meme Chain Capital Moves To Next Level: Aims To Be The Future Silicon Valley of Crypto, To Buy Elon Island

Meme Chain Capital ($MEMES) is uniting the Crypto world by formulating the first crypto hub of its kind in the crypto-friendly Bahamas, and is proud to announce its further step. This initiative will include over 100 projects and partnerships to raise over $50 million in NFTs to buy Elon Island to serve as their world headquarters.

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass Adoption

The NFTs created for the initiative will represent passports that grant access to Elon Island. Only a certain limited number of these NFT passports will ever be minted, resulting in scarcity and exclusivity for passport owners.

“Our objective has always been to bring stability to meme projects. We hope by using responsible investing fundamentals and techniques, we can transform the meme coin industry to be one of the biggest parts of the crypto universe.”

— @Ralfyishere, Strategic Advisor

Founded by traditional finance professionals, Meme Chain Capital invests in meme crypto projects and provides passive income to investors in $BUSD rewards. Their team spends a lot of time analyzing different projects, performing proper due diligence, and providing world-class educational content.

About Meme Chain Capital

Meme Chain Capital ($MEMES) is a meme crypto project located on the Binance Smart Chain. Founded in 2022, MEMES has invested in multiple meme crypto projects and provided over 200 unique educational pieces to crypto investors. The MEMES' development team is dedicated to bringing the #MemeLife to the masses, and to elevating meme culture higher than when it was.

PancakeSwap: https://pancakeswap.finance/swap?outputCurrency=0x9a3e0119fa3b606e4425d8017028edebb9662981

CoinGecko: https://www.coingecko.com/en/coins/meme-chain-capital 

Social Media

Twitter: https://twitter.com/MEMEChainCap

Telegram: https://t.me/MEMEChainCapital

Instagram: https://www.instagram.com/memechaincapital

YouTube: https://www.youtube.com/channel/UCqQ78u4UZke0PHMP1svZTzQ

Company Name: Memedao

Contact Name: Ralfyishere

Email: marketing@memesdao.io

Website: https://memesdao.io 


Litecoin Price Prediction: LTC/USD Drops to Retest $121 Support

Litecoin Price Prediction – March 25 According to the daily chart, the Litecoin price prediction may be looking for support at $120 where the market [...]

Bitcoin Price Prediction: BTC/USD Reclaims Long-Awaited $45,000 Level

Bitcoin Price Prediction – March 25 After a sudden and bullish price spike, the Bitcoin price prediction moves to cross the long-awaited $45,000 resistance. BTC/USD [...]

Bitcoin Price Prediction: BTC/USD Reclaims Long-Awaited $45,000 Level

Bitcoin Price Prediction – March 25 After a sudden and bullish price spike, the Bitcoin price prediction moves to cross the long-awaited $45,000 resistance. BTC/USD [...]
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