No matter how well bitcoin seems to do, the fact remains that it’s never going to please everyone, and occasionally, some new celebrity comes...

BANGKOK, Feb 2, 2023 - (ACN Newswire) - Dusit International, one of Thailand's leading hotel and property development companies, has appointed Mr Makoto Yamashita as pre-opening General Manager...

TORONTO–(BUSINESS WIRE)–Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or the “Company”), a publicly-traded company that invests in web3...

TORONTO–(BUSINESS WIRE)–Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or the “Company”), a publicly-traded company that invests in web3...

New strategic partnership model provides unique opportunity for Canada’s original coalition loyalty program to expand its reach and create innovative new solutions for...

China's yuan has fallen to its lowest level since 2008 amid an economic slowdown, a capital flight, and a stock markets as well as a property crash.

50% Revenue Growth Year-over-Year and 188% Increase in Cash Provided by Operations in 2021 National Advisory & Brokerage Clients in New State Markets Set the Stage for Company Expansion SCOTTSDALE, Ariz.–(BUSINESS WIRE)–$ZDPY #Brokerage–Zoned Properties®, Inc. (the “Company”) (OTCQB: ZDPY), a leading real estate development firm for emerging and highly regulated industries including legalized cannabis, today […]

The post Zoned Properties Reports Fourth Quarter and Full-Year 2021 Financial Results appeared first on Fintech News.

Singapore, Mar 7, 2022 - (ACN Newswire) - SGX mainboard-listed company, The Place Holdings Limited ("The Place Holdings", the "Company" and together with its subsidiaries, the "Group"), is pleased to announce that it has entered into a non-binding Memorandum of Understanding ("MOU") to acquire a 51% stake in two entities which hold the IP Rights of design patent and certain trademarks that are related to property landmark, THE PLACE, in Beijing as well as certain assets and businesses relating to the iconic attraction, Shimao Tianjie Sky Screen, in Beijing.

Highlights:

- The first acquisition relates to the intellectual Property Rights ("IP Rights") of design patent and certain trademarks that are used for the operations and management of the Sky Screen and real estate properties associated with the property landmark, THE PLACE ("THE PLACE"), in Beijing
- The recurring royalty income of the IP Rights are derived from the operation and management of the Shimao Tianjie Sky Screen and the usage of IP Rights in relation to the real estate properties associated with THE PLACE mall
- The second acquisition relates to the acquisition of certain assets and businesses relating to the Shimao Tianjie Sky Screen that are expected to generate operating revenue
- Shimao Tianjie Sky Screen ("Shimao Tianjie Sky Screen") is one of the largest sky screens in Asia, comprising 7,500 sqm of LED lights that is located next to THE PLACE
- Pioneering new experiential marketing experiences, Shimao Tianjie Sky Screen continues to be a popular venue and platform for various events, advertisements and media
- Both the IP Rights and Shimao Tianjie Sky Screen are income-generative businesses and they are expected to strengthen the financial performance of the Group
- There are also various opportunities to leverage on the IP Rights and technological features of Shimao Tianjie Sky Screen to develop new business propositions related to the digital economy (such as gamification, NFTs, Metaverse) and create new revenue streams

More information on THE PLACE and Shimao Tianjie Sky Screen can be accessed at https://www.theplacebeijing.com. After the completion of the Proposed Acquisitions, the Group is expected to receive recurring royalty income from the licensing of the IP Rights for the use in the operation and management of Shimao Tianjie Sky Screen and the real estate properties associated with THE PLACE, which is a mixed-use development built in 2006, comprising two top-tier office buildings and a high-end shopping retail mall, located at No. 9 Guanghua Road, Chaoyang District, Beijing, the heart of Beijing's Central Business District (CBD). In addition, the Group will also generate operating revenue from the operation of the Shimao Tianjie Sky Screen.

Shimao Tianjie Sky Screen is one of the largest sky screens in Asia with 7,500 sqm of LED lights across a space of 250m long and 30m wide, offering a spectacular light show experience with high-resolution imagery and state-of-the-art, immersive sound systems as well as technological features that enable interactivity.

Pioneering new experiential marketing experiences, Shimao Tianjie Sky Screen has established a strong brand and continues to be a popular venue and platform for various events, advertisements and media.

Developed by Beijing Aozhong Xingye Real Estate Development Co., Ltd, THE PLACE and Shimao Tianjie Sky Screen have quickly become a property landmark and iconic attraction in Beijing since it was unveiled to the public in September 2007.

Both the IP Rights and Shimao Tianjie Sky Screen are income-generative businesses and the proposed acquisitions are expected to strengthen the Group's cash flow and financial performance.

With a scalable asset-light model that can be replicated across various countries, there are also various opportunities to utilise the IP Rights and technological features of Shimao Tianjie Sky Screen to potentially develop new business propositions related to the digital economy (such as gamification, NFTs, Metaverse) and create new revenue streams.

Mr Ji Zenghe, Executive Chairman of The Place Holdings, said, "With THE PLACE and Shimao Tianjie Sky Screen having been in operations for more than 15 years, the proposed acquisitions represent direct access to a well-known property landmark and iconic attraction that are both cash-flow generative and profitable.

The revenue streams from both acquisitions can strengthen our financial performance and enhance our business agility to pursue new growth initiatives.

Based on the proven operating models of the underlying assets, the Group can adopt an asset- light business approach to pursue various collaborations and opportunities across various countries in Asia.

In addition, with evolving consumer behaviors in lifestyle and business activities, we believe that there are various opportunities to leverage on the IP Rights and technological features of Shimao Tianjie Sky Screen to push the boundaries of digital innovation and develop new business propositions related to the digital economy."

Contact:
Mr. Alex TAN
Mobile: +65 9451 5252
Email: [email protected]

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comThe Place Holdings Limited, is pleased to announce that it has entered into a non-binding MoU to acquire a 51% stake in two entities which hold the IP Rights of design patent and certain trademarks that are related to property landmark, THE PLACE.

SCOTTSDALE, Ariz.–(BUSINESS WIRE)–$ZDPY #Brokerage–Zoned Properties®, Inc. (the “Company”) (OTCQB: ZDPY), a leading real estate development firm for emerging and highly regulated industries including legalized cannabis, today announced the appointment of Jody Kane to its Board of Directors. “We continue to add strong and experienced executives to our leadership team at Zoned Properties. Our expanding team […]

The post Zoned Properties Announces the Appointment of Jody Kane to the Board of Directors appeared first on Fintech News.

January 25, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ The Biden administration intends to release an executive order about[...]

The post This Chain Is January’s Hottest L1 appeared first on Unchained Podcast.

Alf protocol has lately signed several strategic partnerships with the VCs. Such partnerships will help drive the future development of the protocol. The Alf ecosystem will continue to improve with the team’s continued efforts, strategic partners, VCs, and the community working together. Alf is a protocol for capital deployment on Solana for the purposes of liquidity provision and yield farming, both with and without a margin of up to 200x. By providing liquidity providers an easy way to make money, we enable them to increase the value of the entire network by making it easier for capital to be deployed. The company is now a venture-backed startup that leverages multiple strategic partnerships. VCs invested, including ZenCapital, DustVentures, DibVentures, and Scorpio will help with the future development of the protocol. Zen Capital Zen Capital is a cryptocurrency venture that is one of the most active in the space. Decentralized finance, metaverses, and blockchain-powered gaming are among the areas in which the firm has made investments in recent years. The fund is heavily interested in the future of the digital economy.Portfolio : ertha , spellfire , solchicks , readyplayerdao & 20 more. Dust Ventures Dust Ventures is a venture capital firm that invests in cryptocurrency startups and promising projects. They provide support at an early stage when it’s needed the most. Dust Ventures provides experienced guidance to promising entrepreneurs working on groundbreaking projects in the cryptocurrency space. Dib Ventures DIB Ventures is an investment firm focused exclusively on blockchain technology and the digital currency ecosystem. With a team of blockchain and cryptocurrency experts committed to identifying, researching, and funding the most disruptive companies in this space. Scorpio Scorpio VC is a dynamic, adaptable, and young asset management firm. In addition to HK stocks and US stock trading, the company also operates short-term quantitative funds (for which it is still applying for an A-share license), digital asset funds, blockchain product development, supernode operations, e-commerce, culture communication, real estate development, and real economy projects. Find out more about Alf Protocol here.      

Alf protocol has lately signed several strategic partnerships with the VCs. Such partnerships will help drive the future development of the protocol. The Alf ecosystem will continue to improve with the team’s continued efforts, strategic partners, VCs, and the community working together. Alf is a protocol for capital deployment on Solana for the purposes of […]