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HTX Ventures Invests in Academic Labs to Enhance Educational Experiences

HTX Ventures

Singapore, December 20, 2023 — HTX Ventures, the global investment division of the cryptocurrency exchange HTX, announces its investment in Academic Labs, a platform that utilizes AI and Web3 technology to improve the educational experience. This investment will help Academic Labs onboard new users to Web3 and incentivize native users to engage in education through its native token and NFT systems. Academic Labs is an innovative online education platform built on cutting-edge Web 3.0 technology. Its mission is to revolutionize the way people learn and provide a transparent and equitable learning environment that addresses the education gap and empowers learners with greater access to top-quality educational resources. Academic Labs teaches vital skills like software development, trading strategies, business English, and startup foundations, and employs Adaptive AI to gamify practical learning. The platform is forging strategic partnerships in technology and education to refine the learning process, going beyond traditional testing methods to offer a more immersive and effective study experience. Edward Chen, Managing Partner of HTX Ventures, said, “Academic Labs has transformed the educational sector through the incorporation of Web3 and AI technology. HTX Ventures is committed to invest in projects that facilitate the widespread adoption of Web3. The importance of crypto education cannot be overstated, and the educational industry holds great potential for onboarding large volumes of new users to Web 3.” Terry Tan, CEO of Academic Labs, expressed his gratitude for the support from HTX Ventures. “The backing from HTX Ventures is a clear endorsement of the foresight and innovation inherent in the Academic Labs project,” he remarked. “We are honored to receive recognition from a Web3 powerhouse and are excited for the upcoming debut of our education platform.” Academic Labs aims to address significant challenges in the education sector, including the lack of motivation for producing and engaging with quality educational content, the issue of academic fraud in traditional Web2 education systems, and inefficiencies in acquiring and applying practical knowledge and skills. To tackle these issues, Academic Labs is rolling out three innovative Non-Fungible Tokens (NFTs): Learner NFT, Achievement NFT, and Educator NFT. The Learner NFT grants access to educational content and adopts a transparent, value-based pricing structure. As learners progress, these NFTs are converted into Achievement NFTs, authenticating educational achievements and offering rewards in the platform's native token, $AAX. The Educator NFT, meanwhile, enables fractional investment in educators' content, encouraging the creation of high-quality material. The upcoming product launch of Academic Labs will reveal the innovative features of this cutting-edge educational platform to a worldwide audience, with exciting events on the horizon. About Academic Labs: Academic Labs is an innovative online education platform built on cutting-edge Web 3.0 technology. Its mission is to revolutionize the way people learn and teach by delivering a more open and secure learning experience powered by AI. Leveraging the decentralized nature of Web 3.0 technology and the intelligence and flexibility of AI, Academic Labs fosters gamified learning for success and creates a transparent and equitable learning environment that addresses the education gap and empowers learners with greater access to top-quality educational resources. About HTX Ventures: HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice. HTX Ventures currently backs over 200 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most active Fund of Funds (FOF) investors, HTX Ventures collaboratively forges the blockchain ecosystem alongside premier global blockchain funds, including IVC, Shima, and Animoca. Company Website https://www.htx.com/en-us/ventures Contact Details Michael Wang glo-media@htx-inc.com

December 20, 2023 01:53 PM Eastern Standard Time

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HTX Unveils Mars Program Round 5 in Partnership with Dogelon Mars: Unlock Infinite Possibilities for Crypto Applications

HTX

Singapore / December 20, 2023 / HTX has announced the launch of the 5th round of the Mars Program in collaboration with Dogelon Mars. Since June of this year, HTX has successfully conducted four rounds of the Mars Program. The program's influence within the industry has been steadily increasing as it forges ahead. HTX plans to collaborate with more partners to further explore the integration of cryptocurrency and space ventures, unlocking the infinite possibilities for crypto applications. Dogelon Mars (ELON), a meme coin built on the Ethereum blockchain, combines three Musk-related elements: Dogecoin, Elon, and Mars. Dogelon Mars has a sizable community with broad recognition, and its token ELON, has reached an all-time high of 0.0000026 USDT and peaked at 0.000000494 USDT in 2023. With Dogelon Mars on board, lucky users from the 5th round of the HTX Mars Program will stand to enjoy triple grand rewards. These rewards include a chance to compete with shortlisted space candidates for a coveted $6 million space travel, a round trip experience on Justin's private jet, and 50 billion of $ELON tokens. According to HTX's official announcement, the task period for Round 5 of the Mars Program is scheduled to take place from 12:00 (UTC) on December 20, 2023, to 15:59 (UTC) on January 10, 2024. Throughout this period, users participating in the event can earn Space NFTs by completing one-time or recurring tasks including spot trading, P2P trading, and futures trading. Additionally, completing designated monthly-settled tasks, such as subscribing to HTX Earn products or utilizing Crypto Loans, also qualifies participants for rewards. The Space NFT minting period is from 12:00 (UTC) on December 20, 2023, to 15:59 (UTC) on January 15, 2024. Participants need to link their TRON addresses on the event page to receive the minted NFTs and are advised to mint the NFTs asap. Note that the daily allocated free NFT mints are capped, and the minting chances do not carry over to the next round. The lucky draw for Round 5 of the Mars Program will be held via HTX Live at 12:00 (UTC) on January 17, 2024. The lucky winner will be the holder of the NFT number that has been drawn. HTX will also verify the winner’s identity by checking the lucky NFT holder's TRON address, UID, KYC verification, and other relevant details. Following this verification, the winner will receive the triple-grand rewards. * For more details, please refer to the event announcement: https://www.htx.com/support/en-us/detail/34957214586880 In June of this year, HTX initiated a series of exciting campaigns — The HTX Mars Program: Get HTX on Mars! The platform invested a substantial $6 million to facilitate collaboration between commercial space ventures and the cryptocurrency industry, with the goal of empowering individuals' dreams of space exploration and unlocking new possibilities. The HTX Mars Program is divided into two phases. The first phase consists of 12 rounds, with each round randomly selecting one lucky user to become a candidate space passenger and receive generous rewards. In the second phase, the 12 candidates will be evaluated based on their physical fitness, training and preparation, community contribution, and other criteria, to determine the final space traveler. This selected passenger will travel with Justin Sun, a member of the HTX Global Advisory Board, at a specific time after July 2024. Throughout its decade-long journey, HTX has been a pioneer in the crypto industry, widely recognized for its bold innovation and transformative approaches. Now, HTX is breaking new ground by setting its sights on the distant cosmos, becoming the first cryptocurrency trading platform to venture into space. This forward-thinking program reflects HTX's broad vision and global mindset. Looking ahead, HTX will continue to harness its pioneering spirit to shape the evolution of the cryptocurrency market and unlock boundless possibilities for cryptocurrency applications. About Dogelon Mars Dogelon Mars is a doge-themed cryptocurrency released in 2021 that aims to be the first intergalactic money system that future space colonizers can use on Mars. The story of Dogelon is chronicled in a comic book series and animated episodes. With over 145,000 holders, several innovative NFT projects, and expansive partnerships throughout the web3 space, Dogelon Mars is one of the top tokens in its category. About HTX Exchange Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investments, incubation, and other businesses. As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. The platform's growth strategy - "Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance", underpins its commitment to providing quality services and values to virtual asset enthusiasts worldwide. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

December 20, 2023 01:48 PM Eastern Standard Time

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HTX Futures Bonanza Debuts: Share 200,000 USDT This Festive Season

HTX

As 2023 fades into the rearview mirror, a crypto recap becomes a thrilling narrative: the market's epic journey from bearish whispers to bullish roars. After two years chained to its peak, Bitcoin unleashed a surge that captivated the market. Meanwhile, the emergence of ordinal inscriptions steered the market in a new direction. Regarding exchanges, the giant HTX unveiled a global rebranding in September this year, embarking on a renewed globalization journey. This focus includes global expansion, a thriving ecosystem, the wealth effect, and enhanced security and compliance. As the festive season approaches, HTX has launched a wide range of promotions with generous rewards to appreciate users. The exchange's official announcement features the HTX Futures Bonanza and is ongoing from 08:00 (UTC) on December 14, 2023 to 16:00 (UTC) on January 3, 2024, with four major events and a staggering prize pool of 200,000 USDT. Buckle up, because we're about to dive into the Bonanza! Event 1: Deposit and Trade to Win up to 3,000 USDT During the event, participants who deposit funds into their HTX futures accounts and perform futures trades will get rewarded accordingly with up to 3,000 USDT. (Rewards for new users will be multiplied by 50%.) Please note that you cannot win rewards from this event and complete trading tasks for futures beginners simultaneously. If you participate in this event while also registering for the trading tasks for futures beginners, the rewards will be distributed based on the highest amount you can obtain. Only funds deposited and trades made during the event will count towards the reward calculation upon successful registration. During the event, participants are required to meet the requirements for both the net deposit amount in their USDT-M futures accounts and USDT-M futures trading volume, to be eligible to claim corresponding rewards. Event 2: Grab up to 1 BTC at Futures Trading Challenge During the event, participants will have the chance to win 1 BTC or a share of massive trial bonuses, provided that they perform or copy trades of USDT-margined perpetual futures under the cross or isolated margin mode. To be eligible for these rewards, you need to meet the following cumulative trading volume requirements (including copy trading): Keep in mind that you should meet the requirements for both ranking and trading volume to win rewards. For instance, if you achieve a cumulative trading volume of 5,000,000 USDT but rank outside the top 10, you would be eligible for a reward of 200 USDT. Event 3: Split 80,000 USDT at Copy Trading Carnival Participants, whether lead traders or followers, will stand to win multiple rewards simply by leading or following futures trades on HTX Copy Trading. Follow top-tier traders to seize more market opportunities. If you are a follower: Task 1: Engage in copy trading to receive 10 USDT During the event, participants who are new to copy trading will receive a 10 USDT trial bonus by depositing at least 100 USDT to their Copy Trading accounts and making their first copied trade of any amount. The first 2,000 qualifiers will get rewarded. First come, first served! Task 2: Complete copy trading tasks to share 35,000 USDT During the event, copy trading followers will be eligible for rewards by meeting any of the following requirements. Rewards can accumulate if multiple requirements are met. Details are as follows: If you are a lead trader: Task 1: Perform your first leading trade and earn up to 100 USDT During the event, newly approved lead traders have the opportunity to receive a random airdrop, ranging from 10 to 100 USDT trial bonuses by completing their first leading trade of any amount. There is no requirement regarding the number of your followers. Rewards will be given to the first 500 qualified traders. First come, first served! >> Become a lead trader now to earn 25% profits shared Task 2: Unlock prize pools by leading trades daily During the event period, traders who lead trades with a trading volume of ≥ 1,000 USDT on a single day will be deemed to have successfully checked in and will then be eligible to equally share the prize pool. The more days you check in, the higher your bonuses will be! Please note that for each tier of requirements, the reward pool will be shared equally among the participants who meet the criteria. If the shared reward amount per qualifier is lower than the basic reward, then the basic reward will be given instead. You can only participate in Event 3 as a follower or a lead trader. To ensure successful registration for this event, followers and traders are required to click on the ‘Register Now’ button on the event page. Rewards will be credited to the winners' Copy Trading accounts in trial bonuses. Any withdrawal of funds from your account will result in the forfeiture of the trial bonuses. Event 4: Refer Friends to Trade Futures Referring friends to complete futures trades will enable both you and your friends to receive rewards from this event and earn a 30% lifetime commission based on your invitees' trading fees. Your rewards can accumulate as more of your invitees achieve trading volumes. Click ‘ Refer Now ’ and earn together with your friends. This event is an exclusive benefit to invitees. Each invitee who reaches a cumulative futures trading volume of ≥ 1,000 USDT during the event will be considered as a valid referral, and their volume will be included in the invitees' cumulative trading volume. For invitees who fail to meet the volume requirement, their volume will not be counted towards the cumulative volume. The event rewards will be distributed within 14 working days in the form of the trial bonus after the end of the event. To participate in the Bonanza, you need to click on the Register Now button, on the event announcement page. There is no need to register for each event separately. Don't miss out on the HTX Futures Bonanza! Let your fourfold actions unlock a quadruple chance to skyrocket your 2023 finale and kickstart a golden 2024. About HTX Founded in 2013, HTX has evolved from a crypto exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investment, incubation and other areas. HTX serves millions of users worldwide, with a business presence covering over 160 countries and regions across five continents. Its three development strategies - "global development, technology drives development, and technology for good" underpin its commitment to providing comprehensive services and values to global cryptocurrency enthusiasts. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

December 20, 2023 01:42 PM Eastern Standard Time

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TRON Enhances User Experience with Strategic Blockchain.com Pay Integration

TRON DAO

Geneva, Switzerland, December 18, 2023 - TRON, a leading force in blockchain technology, has announced an integration with Blockchain.com Pay. This move is set to innovate the way cryptocurrency transactions are handled for TRON’s extensive user community. Blockchain.com Pay, aims to provide web3, gaming, and retail sectors with advanced crypto services. This integration with TRON is a significant stride toward simplifying the crypto experience, ensuring a smooth and intuitive journey for users. TRON’s community will benefit from the efficient infrastructure and seamless liquidity access provided by Blockchain.com Pay, available through a simple widget. This development is in line with TRON's commitment to improving user experience and making crypto transactions more accessible and convenient. One of the notable aspects of Blockchain.com Pay is its integration with Blockchain.com's substantial base of over 40 million verified users. This vast network allows for a more efficient KYC procedure and transaction process, benefiting the ecosystem’s users and partners. David Uhryniak, Ecosystem Lead at TRON DAO, said, "TRON is thrilled to integrate Blockchain.com’s solution, Blockchain.com Pay, into the TRON ecosystem. The single widget solution will enable TRON DAO website visitors in supported countries to purchase TRX, the native token of TRON." Blockchain.com Pay aims to challenge existing market solutions like MoonPay and Banxa by offering a comprehensive package that includes fraud management, compliance, KYC, and customer support – all within one integrated system. Lane Kasselman, President of Blockchain.com, expressed his views on this development: “Working with TRON to incorporate Blockchain.com Pay into their ecosystem is a significant move towards simplifying crypto transactions. The combination of TRON's extensive network and our user-friendly platform will greatly benefit crypto users worldwide.” With this integration, TRON and Blockchain.com Pay are set to provide a streamlined, one-click experience for existing Blockchain.com users, This step not only makes entering the crypto space easier for users but also reinforces TRON’s commitment to making blockchain technology more accessible and user-friendly. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of December 2023, it has over 202.04 million total user accounts on the blockchain, more than 6.87 billion total transactions, and over $20.04 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Contact Details Hayward Wong press@tron.network Company Website https://trondao.org/

December 18, 2023 07:40 PM Eastern Standard Time

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Nextech3D.ai announces company Granted AI Patent for Generating 3D Models from CAD files

Nextech3D.AI

Nextech3D.ai (CSE:NTAR) (OTCQX:NEXCF) CEO, Evan Gappelberg joined Steve Darling from Proactive to announce a significant milestone for the company. Nextech3D.ai has been granted a patent for 3D model generation from Computer Aided Design (CAD) data. This patent is part of the company's previously announced portfolio of patents filed in 2022 and underscores Nextech3D.ai's dedication to advancing 3D technology and AI-powered solutions. Gappelberg highlighted the importance of this patent in enabling Nextech3D.ai to capture a larger share of the rapidly growing 3D model creation market. There is increasing demand for 3D product models for various applications, including virtual reality, augmented reality, e-commerce websites, and more. Virtual reality platforms like the META Quest and the anticipated Vision Pro from Apple rely on 3D models to display objects to users, enhancing the user experience by providing a better sense of what products look like from all angles and perspectives. The granting of this patent reinforces Nextech3D.ai's position as an innovative leader in the 3D technology and AI space, positioning the company to meet the growing demand for high-quality 3D models in various industries. Contact Details Proactive United States Proactive United States +1 347-449-0879 action@proactiveinvestors.com

December 18, 2023 11:03 AM Eastern Standard Time

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Aniview Becomes Google Certified Publishing Partner

Aniview

Aniview, a global provider of video advertising technology and monetization solutions, has been awarded Google Certified Publishing Partner (GCPP) status. The Google Certified Publishing Partner program is an exclusive network of advertising technology businesses that gives publishers and advertisers the confidence to know that they're working with an expert in the field. Entry into the program is granted to partners with a proven track record of helping publishers succeed. “This certification further solidifies Aniview as a credible Google partner and innovator, cementing Anview’s industry reputation for providing publishers and advertisers with advanced video advertising solutions that propel their businesses forward,” said Alon Carmel, Chief Executive Officer, Anview. “With this prestigious recognition from Google, Aniview is eager to continue its mission in powering the most efficient and effective advertising across the open web with unrivaled product versatility, open transparency, and customer support.” Aniview joins the program having demonstrated continued success in developing customized end-to-end video advertising solutions, including video player, video ad server, content management system, mobile SDK, and monetization marketplace for online video and CTV/OTT formats. As publishers face mounting headwinds in generating incremental revenue, Aniview has adapted its product stack to better serve the needs of the publisher ecosystem, including AI-based programmatic monetization capabilities. For more information on Aniview, visit www.aniview.com. About Aniview Aniview is a global adtech and media company whose platform is playing an increasingly central role in delivering efficient and effective video advertising across the open web. The company’s end-to-end solutions are highly flexible and transparent, and they operate on desktop, mobile, in-app, connected TV and over-the-top formats. Aniview’s patented video player technology, high-performance ad server and video marketplace provide flawless video delivery to over 200,000 publishers worldwide and power many of the world’s largest web publishing groups. Founded in 2013, Aniview now delivers, on average, 15 billion ad impressions per month. Contact Details Aniview Vaibhav Pandey info@aniview.com

December 18, 2023 08:15 AM Eastern Standard Time

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HTX Ventures 2023 Year-In-Review

HTX Ventures

Our Journey: 2023 marks a transformative era for the company, as we rebrand from the well-known 'Huobi' to 'HTX', celebrating our 10th Anniversary. Our evolution from Huobi to HTX signifies more than a name change; it's a recommitment to our core values - 'H' for our Huobi heritage, 'T' for our dedication to TRON, and 'X' for the dynamic nature of our exchange. For HTX Ventures, 2023 also marked several structural enhancements, including the integration of the incubation and research departments, to further refine resource allocation and strengthen support systems for our investment and ecosystem partners. HTX Ventures started its journey in 2018 and is dedicated to empowering a wide array of projects that leverage the cutting-edge potential of Web 3.0 and crypto technologies. Our focus spans a diverse range of sectors including DeFi, Real World Assets (RWAs), ZK roll-ups, Infrastructure, NFTs, Digital Identity (DID), SocialFi, Education, GameFi, AI, Layer 1 and Layer 2 projects. This diverse investment approach reflects our commitment to staying at the forefront of technological advancement and innovation. At the core of HTX Ventures' philosophy lie three pivotal pillars: business innovation, robust business models, and operational excellence. These guiding principles are crucial in shaping our investment strategy, ensuring that we not only support ventures at the vanguard of technological innovation but also those demonstrating sustainable and scalable business models. It is this combination of foresight in technology and acumen in business strategy that enables us to identify and nurture ventures with the potential for lasting impact and growth. Our comprehensive investment strategy, which incorporates both direct and fund investing, has led to a significant expansion of our portfolio, now encompassing over 200 ventures. This approach has not only diversified our investment landscape but also enriched our capacity to drive meaningful change across various sectors. Each investment is a testament to our unwavering commitment to fostering innovation, sustainability, and excellence in the dynamic world of Web 3.0 and beyond. 2023 Market Overview and Market Outlook As we reflect on the year 2023, the landscape of the cryptocurrency and blockchain sectors has unfolded a tapestry of significant developments, challenges, and innovations. Infrastructure The year 2023 has been a breakthrough year for infrastructure in the blockchain space. Observing the entire infrastructure ecosystem, we see a multitude of solutions and technological approaches emerging to cater to the ever-increasing variety of Web3 use cases and users. These solutions and approaches, intertwining and overlapping, await market validation. Regardless, they consistently revolve around three key focuses: faster transaction speeds, more decentralized structures, and more secure architectures. The ultimate goal is to create a more user-friendly blockchain network. There's much to discuss regarding infrastructure, and here we select a few noteworthy topics from 2023 for review. Five Notable Infrastructure Topics of 2023 1. Ethereum’s Development Roadmap: As the most expansive public blockchain, Ethereum is a crucial component of blockchain infrastructure, supporting various technologies including Rollup Layer 2 networks and account abstraction. Despite Ethereum's current dominance in Total Value Locked (TVL) and user base, it, along with its associated Layer 2 solutions, still faces challenges like insufficient throughput and transaction costs unsuitable for small, frequent trades. Therefore, Ethereum has continually enhanced its performance through upgrades and forks. In mid-2022, Ethereum achieved its first expansion milestone with 'The Merge', transitioning from Proof of Work (PoW) to Proof of Stake (PoS) consensus, importantly, marking the shift towards a Rollup-centric expansion path. In 2023, Ethereum underwent a significant execution layer upgrade with the Shanghai upgrade, primarily allowing stakers to withdraw their staked ETH and rewards. Contrary to popular predictions that Ethereum's price might suffer due to the large amount of staking withdrawal, the network exhibited robust growth post-upgrade, maintaining stable operations with staking amounts rebounding after a slight drop – a sign of returning confidence among validators. Ethereum's next significant milestone is the anticipated 'Cancun Upgrade' in Q1 2024, which marks a step towards its next major goal: sharding. A key proposal, Pro-Danksharding (EIP-4844), introduces Blob data blocks, offering cheaper data availability for Rollup and Layer 1 interactions, thus reducing Layer 2 transaction costs. In the latter half of the year, Vitalik, co-founder of Ethereum, also raised the topic of "Exit games for EVM validiums: the return of Plasma," calling for a reevaluation of this overlooked expansion technology. While this sparked lively community discussions, Rollup expansion remains Ethereum's mainstream trajectory. In the future, we might see an Ethereum world where Layer 2s primarily execute, with Ethereum's main chain serving more as a consensus layer and data availability layer, providing foundational support for numerous Layer 2 networks. 2. Layer 2 Summer: Layer 2 was a rapidly developing and highly watched sector in 2023. As of now, there are 32 active Layer 2 networks on the market, with Optimistic Rollup and ZK Rollup being the main types, according to L2Beat data. In terms of TVL, Layer 2's overall volume grew nearly threefold in 2023. From a TVL distribution perspective, Arbitrum One and OP Mainnet, both using Optimistic Rollup solutions, occupy the majority of the market share, with Arbitrum ONE accounting for 52% and Op Mainnet for 26.5%. The reasons include Arbitrum's early achievement of EVM compatibility, enabling seamless deployment of Ethereum and other Layer 1 projects. Additionally, the early coin issuance by Arbitrum and OP spurred significant ecosystem growth. In March, following Arbitrum's token airdrop, its ecosystem TVL saw a near twofold increase. However, ZK Rollup public chains lagged in terms of coin issuance and EVM compatibility, leading to slower ecosystem growth compared to Optimistic Rollup Layer 2s. In the flourishing year of Layer 2 networks, we also observed some issues. A primary concern is whether the data growth truly reflects network prosperity or a mere illusion. Many projects incentivize user interaction with the network through airdrop expectations, leading to more projects focusing on designing rules against Sybil attacks and attracting high-standard users. However, we believe that airdrops and token incentives, while effective during their application, quickly lose effect if the project fails to genuinely earn user trust on the product level. Additionally, current Web3 users are far from the general user standard, as mainstream users are relatively passive and less willing to shift between ecosystems. In contrast, current users willing to interact on Layer 2 networks tend to have some knowledge and operational skills. Therefore, this leads to increased customer acquisition and retention costs for the ecosystems, or what can be called ‘involution'. User loyalty to a public chain can easily diminish due to competitors' airdrop expectations and liquidity mining incentives. A prime example is the Blast network, launched in Q4 by Paradigm and Blur founder Pacman, as a Layer 2 network integrating native yield concepts. Blast extended Layer 2’s popularity to year-end, achieving a TVL of $300 million within just a few weeks of its launch. As a project backed by star developers and institutions, Blast distinguished itself in the competitive landscape by focusing on community-driven approaches, maximizing Product-Market Fit with simple yet effective features. This strategic move caught the market’s attention and capital, offering a unique contrast to other Layer 2s still vying for technical superiority and user quality. Overall, we remain optimistic about the future development of Layer 2. With the further completion of EIP-4844 enhancing Layer 2 performance, we anticipate seeing innovative products in DeFi and other non-financial Dapps on Layer 2 in 2024. 3. Modular Blockchain Breaks Through Bottlenecks While most public blockchains continue to evolve towards faster, cheaper solutions in pursuit of becoming the “mainstream” blockchain, a different solution often mentioned in 2023 is modular blockchain. Strictly speaking, rollups are also a form of modular technology, focusing on the blockchain's execution layer. This year, we observed increased attention towards the Data Availability (DA) layer in modular blockchains, such as Mantle and Celestia. Mantle, as a modular Rollup, uses its built-in data availability layer to free Layer 2 from Ethereum's data availability constraints. Celestia, on the other hand, is building a universal modular blockchain, allowing blockchains built on Celestia to use it as their data availability layer. We believe modular technology brings greater freedom; applications or Layer 2s are not bound by the main chain's performance and can gain greater autonomy and customizability. Although practical use cases for modular blockchains like Celestia are still few, we see promising growth in this direction. However, we cannot ignore the complexities and security challenges accompanying the advancement of modular technology. This complexity is not only from a user perspective, as understanding a single blockchain's performance is relatively easy compared to comprehending the interactions with other modular layers. For developers, the interaction between multiple chains in modular blockchains exposes more security risks. 4. The Current State of Application Chains: After the previous DeFi Summer, application chains emerged as a new approach to address network congestion and lack of autonomy. A pioneering example is the decentralized perpetual contract dYdX, initially deployed on Starkware. In October this year, we witnessed the mainnet launch of dYdX V4, marking its transition from an application to an application chain. Architecturally, dYdX chose Cosmos SDK, a popular application chain framework that allows application chains to customize consensus mechanisms based on real needs and interact with other chains in the Cosmos network through the IBC protocol. Currently, over 70 application chains have been deployed on the mainnet on Cosmos, becoming a mainstream implementation solution for application chains. The primary advantages of applications developing their own chains include: Performance Improvement: Application chains on the Cosmos network can leverage Cosmos' 10,000 TPS speed advantage. As they do not compete for block space with other applications, the environmental impact on the application itself is minimized. Cost Reduction: In terms of transaction costs, application chains have significant advantages. For example, dYdX V4 redesigned gas fees, allowing users to pay fees proportional to their transaction volume instead of a fixed gas fee, offering an experience akin to centralized exchanges. Increased Autonomy: Application chains can tailor solutions in various aspects, such as smart contract upgrades, data availability, and sequencer settings, according to the application's needs. However, the transition to application chains also poses challenges, such as: Liquidity Isolation: Independent application chains increase the difficulty for external protocols to interact with them. On Ethereum or other monolithic blockchains, the cost and barriers to interaction between applications are low. In contrast, application chains, being separate from other ecosystems, make cross-chain interactions the only way to engage with other ecosystems. Security: The consensus security of smart contract applications is directly influenced by the security of the blockchain they are deployed on. The so-called security essentially depends on the public chain's market value. For application chains, their own market value determines their ability to sustain the assets on their protocols. This can be unfriendly for projects with smaller market values. Therefore, we believe that application chains are not suitable for all applications. For example, projects that frequently interact with other contracts and have smaller market values are better off staying on a secure, thriving public chain. On the other hand, for projects requiring fast, low-cost transaction experiences, unsatisfied with the constraints of the public chain, and having a substantial user base, application chains can be an optimal way to maximize their protocol's value. 5. Account Abstraction Opens the Door to Hundreds of Millions of Web 3.0 Users: The concept of account abstraction first emerged in 2022, and with the update of EIP-4337 - an account abstraction proposal which completely avoids consensus-layer protocol changes, instead relying on higher-layer infrastructure - numerous teams began developing products around it. In terms of end-user products, the focus has mainly been on smart contract wallets integrating account abstraction, offering features like social login, social recovery, gas fee delegation, and batch transaction processing. Many teams have delivered products in this space in 2023, such as Argent, Avocado, and Unipass, each innovating significantly in user experience. According to Dune Analytics, there are nearly 1.4 million accounts created based on EIP-4337, generating close to 7 million transactions (UserOps). As of the time of this article, there are over 400,000 active smart contract accounts monthly. Looking forward, we believe account abstraction has the potential to unlock the door to mass Web3 adoption. However, it still faces challenges, including increased security risks due to more complex technology stacks and rising gas fees. Therefore, we see Layer 2s, with their lower fee structures, as the ideal platform for developing account abstraction technology. DeFi Compared to the multiple significant incidents in 2022, the year 2023 was a period of stable development for DeFi (Decentralized Finance). In terms of protocol variety, there are now over 30 types of DeFi protocols, indicating a market that is more segmented and specialized than last year. Narratives around LSD (Liquid Staking Derivatives) and RWA (Real-World Assets) have brought new users and attention to DeFi. Below, we highlight some of the DeFi topics we believe are worth noting from 2023. Three Noteworthy DeFi Trends in 2023: 1. Current State of DeFi Protocols: In 2023, DeFi maintained a stable Total Value Locked, with $47 billion locked in DeFi contracts as of the time of writing, a 23.6% increase from $38 billion on December 31, 2022. In terms of public chain dominance, Ethereum holds a 56% share, maintaining a clear lead, followed by Tron with a 16% share. Among projects, Lido, Maker, and Justlend rank in the top three in TVL, with Lido alone accounting for 41% of the entire chain's TVL. Revenue-wise, Maker leads with daily earnings of $500,000. Among the top twenty revenue-generating projects, eight are exchanges or derivatives exchanges, and three are lending protocols. Exchange and lending remain the top protocol types for generating value in DeFi, albeit in a highly competitive environment. Currently, there are over 1000+ decentralized exchange protocols spread across 234 public chains. 2. Real-World Assets (RWA): RWA is a new DeFi theme that cannot be overlooked in 2023. It has drawn significant attention in a relatively subdued market. Typically, RWAs focus on off-chain rights confirmation and transferring off-chain assets and their associated returns to the blockchain. Legal tender stablecoins, as a form of RWA, have already demonstrated their critical use case in the cryptocurrency market. Other real-world assets linked to RWA saw a surge in 2023, with MakerDAO’s U.S. Treasury Bonds RWA reaching a scale of $2.8 billion, marking the first step towards large-scale RWA application. Avalanche has also developed its RWA ecosystem, aiming to provide a suitable on-chain platform for traditional institutional capital. The macro background here is the Federal Reserve's interest rate hike, which led to U.S. Treasury yields rising to 5%. In 2023, when overall DeFi market returns were low, transferring real-world returns to the blockchain was a natural progression. However, future advancement in RWAs will require extensive off-chain infrastructure, improved regulation, and advancements in on-chain oracles, wallets, and cross-chain technology. Nevertheless, the door to on-chain real assets has been opened, and we anticipate seeing more potential in RWA assets in 2024. 3. Decentralized Stablecoins: For mainstream stablecoins like USDT and USDC, there has always been criticism about their centralized risks. Currently, USDT and USDC command over 90% of the market share. The depegging incident of USDC in March heightened discussions about the risks of centralized stablecoins. The crypto market has continually experimented with creating a crypto-native stablecoin as detached as possible from traditional world risks. As of November 29th, there are over 120 stablecoins issued through over-collateralization (CDP), and we've seen a trend in 2023 where major DeFi protocols are developing their native decentralized stablecoins. Examples include Curve's crvUSD and AAVE's GHO, with crvUSD reaching a circulation of 140 million and AAVE minting 3.48 million GHO on Ethereum. Although there are many challenges yet to be resolved in the development of decentralized stablecoins, such as GHO's price not consistently pegging to $1 since its launch, we expect to see more native crypto stablecoins in the future, reducing reliance on USDT and USDC. Bitcoin As we approach the end of 2023, Bitcoin has regained robust momentum, notably breaking the $40K barrier for the first time in a year since October. Market has shown a significantly bullish indicator over Bitcoin and its related assets. However, questions arise: Will this trend sustain into the coming year, or is it merely a short-term hype driven by expectations of ETF approval? Today we will delve into the underlying fundamental drivers and discuss our view towards the future outlook on the bitcoin ecosystem. Key Catalysts Fueling Bitcoin's Growth: 1. Favorable Macro Environment Bitcoin has shown an outperformance trend in late 2023 compared to traditional TMT equities. With that being said, the market has already priced in the factors of interest rate decline in the upcoming months, while the investors expect that economic recovery may take a longer period of time to be reflected on the corporate balance sheet. Meanwhile, investors have been on an active outlook to hedge against the unstable geo-political and economical crisis upon 2023. Granted by the inherent store-of-value attributes, Bitcoin evolves as “digital gold” and has been considered to be a new type of alternative assets for investors. 2. Anticipated Money Inflow from Institutions One of the key market sentiment drivers among Bitcoin trading is the active Spot ETF application from various traditional Asset Managers. This indicates the embracement and recognition of investment values on Bitcoins from the traditional markets. On another hand, approval on spot ETFs is anticipated to bring in new money inflow and liquidity from the institutional markets, with the participation from Authorized Participants and Market Makers, pushing further trading activities and capital efficiency on Bitcoin markets. Aside from this, traditional financial institutions have also spearheaded efforts on Web3 adoption by setting up web3 strategy and investment arms. For example, Standard Chartered Bank, Nomura (Laser Digital), UOB, JP Morgan, etc. This has further strengthened the bullish sentiment and potential new money inflow from traditional finance on Bitcoin or even the broader crypto ecosystem. 3. Bitcoin Halving Bitcoin’s next halving will take place in Q2 2024. Halving events occur every four years, where the block reward for Bitcoin mining is shrinked half. This process will significantly reduce the inflation rate of Bitcoin. Based on historical trajectory, the market in general anticipates that Bitcoin prices will reach All-Time-High upon half year post-halving. Further fueled by the capital inflow anticipation from traditional institutions, the demand has largely outstripped supply for Bitcoin market, pushing further surge on Bitcoin prices. 4. Innovations from Bitcoin Ecosystem The POW blockchain of Bitcoin was designed mainly for transfer of value initially with lack of composability. The recent breakthrough on technical architecture brought by taproot, ordinals and other emerging standards have brought in further composability, programmability and transaction efficiency on Bitcoin. These further unlock the potential on Bitcoin for trustless staking, complex Defi strategies, or even gaming. Bitcoin as a bluechip cryptocurrency with an existing huge penetration rate, under such technical advancement, is anticipated to achieve further adoption in the near future. With these factors in play, we maintain a bullish stance on Bitcoin's growth in the upcoming year. Active product development initiatives observed over the past year indicate several key areas to watch within the Bitcoin ecosystem: Developer SDKs and Marketplaces: Oyl, Unisat ZK Rollups: Bison, Chainway, Alpen Labs EVM L2s/ Scaling Solutions: Botanix Labs, B2 Networks, Bitcoin Wizard Side Chains: Liquid Network, Threshold Network Staking: Babylon In conclusion, these developments and initiatives suggest a vibrant and evolving landscape for Bitcoin, positioning it for continued growth and innovation in the foreseeable future. SocialFi Since 2021, the SocialFi track has gradually entered the crypto community's radar. Similar to the social and entertainment attributes of blockchain games, it is considered a phenomenon-level track capable of attracting a significant influx of new Web3 users. Compared to the relatively lukewarm situation of the entire track in 2021-2022, some innovations in gameplay and design in the SocialFi track gained notable traction in 2023. As shown in the following figure, the entire SocialFi track has experienced favorable development over the past year, with mainstream projects accumulating nearly 4 million+ wallet interactions, and new projects like Galxe, Friend.Tech, and Sismo gaining substantial traffic. From the perspective of specific blockchains, current major SocialFi project interactions are concentrated on Polygon and Base chains, with other chains receiving less traffic in the social domain. In addition to providing stable networks, fast processing speeds, and low interaction costs, Polygon has actively developed various gaming, NFT, and application projects within its ecosystem over the past 1-2 years. Collaborating with Web2's major IPs has garnered significant traffic from both within and outside the crypto domain, showing a consistent and stable traffic growth in the SocialFi track. Base, benefiting from the substantial traffic brought by Friend.Tech, currently occupies half of the SocialFi track's traffic. Other chains, like Ethereum and BNB, are experiencing comparatively slower community-related traffic growth. Currently, SocialFi track projects are mainly divided into three mainstream development directions: 1. Social Infrastructure: Social infrastructure forms the foundational building blocks and universal tools for the entire SocialFi track. Unified, simple, and convenient infrastructure helps lower user barriers, reducing usage hurdles between different Dapps while accumulating more users and data. Projects like Galxe, Lens, and CyberConnect have entered from various dimensions, connecting users and Dapps, becoming the traffic portals and interfaces for the Web3 SocialFi track. This track is expected to experience phased traffic growth opportunities with the further maturity and explosion of ecosystem projects. 2. Social Dapps: Social Dapps represent the largest project category within the SocialFi ecosystem, showing a vibrant development trend. These include forums, fan platforms, streaming media, social games, social identity, etc. Dapps are the most direct point of contact and binding with users. In 2023, some projects achieved good development results, with Friend.Tech's ecosystem being particularly prominent due to its clever economic design and capital amplification factors, providing a valuable reference for subsequent social project development and design. The main development direction of Social Dapps is focused on decentralized resistance to censorship and engaging gameplay for traffic growth, satisfying the needs for social privacy and social gaming attributes. This track currently hosts a plethora of project developers and active players, nurturing potential Alpha projects for the next bull market in the SocialFi track. Other projects like Facaster, Nostr, and RepubliK also have considerable discussion in the market. Generally, most Social Dapps are in the mid-development stage, either operational or in test runs, with potential project launches or token issuances following the launch of infrastructure projects. 3. Social Bots: Social bots have been another type of project attracting market traffic in the SocialFi track in 2023, primarily built on Telegram. These include trading bots, farming bots, and Q&A bots, with representative projects like Unibot, Banana Bot, Wagie Bot, and LootBot. These projects are mainly created on Telegram, a social network platform with 800 million monthly active users, implementing encrypted transaction applications. Strictly speaking, social bots are Web3 projects derived from Web2 social interactions, whose convenience greatly lowers the entry barrier for users, effectively utilizing platform advantages to expand a significant number of new crypto users. These Web2-friendly projects have broad market demand and development prospects. Similar to games and Social Dapps, social bots are also one of the incremental tracks for the next bull market. In summary, the Web3 SocialFi track is in the early-to-mid stages of development, relying on the maturity of other infrastructure constructions, including but not limited to cross-chain information transmission, data storage, transaction cost reduction, and compliance issues. Current SocialFi track project types mainly include social infrastructure, Social Dapps, social bots, and other social tools. Among them, Social Dapps have the most diverse categories and are most likely to nurture Alpha products for the next bull market. A large number of developers are currently developing Web3 social products, and capital is gradually paying attention to and investing in this track. With the launch and token issuance of some popular projects, the market heat of the SocialFi track is gradually climbing. While the SocialFi track presents opportunities, it's also important to be aware of the challenges it faces, including the need for more robust infrastructure, bottlenecks in new user growth, and potential regulatory issues. Overall, the crypto social track is expected to see a concentration of project maturity, launches, and token issuances in 2024, holding promising investment potential and growth prospects. GameFi The gaming sector in 2021 witnessed a significant influx of traffic and capital, followed by a cooling off in 2022. The reduction in the 'wealth effect' led to a steep decline in games reliant on 'play-to-earn' models for user growth. In 2023, the gaming sector exhibited a more stable performance. Originating in the bull market as a traffic-driven sector, already-tokenized blockchain games went through prolonged consolidation during the bear market. Many projects financed towards the end of the bull market have nearly completed their development, suggesting a continued positive impact on traffic and project performance in this cycle.As per data shown below, gaming projects continued to show a steady growth trend in 2023. According to Footprint Analytics (data as of December 1, 2023), there are over 2,600 blockchain game contracts in the current market, with a circulating market value exceeding $6.5 billion, daily transaction volumes surpassing $6 million, and daily active addresses exceeding 1 million. Despite the bear market, the sector maintained a certain level of activity. From an ecosystem perspective, daily active addresses in the market exceed one million, with the bulk of absolute traffic concentrated on the Wax chain. Benefiting from its low interaction costs and swift settlement experience, Wax has maintained its leading market share through both bull and bear markets. Other public chains like Near, Celo, and Polygon also hold significant market shares. In terms of GameFi project development, overall, the growth in gaming projects in 2023 exceeded that of 2022, thanks to the development and maturation of startups from the last bull market. The BNB chain continues to host the most gaming projects, followed closely by Polygon, Ethereum, and Wax, each holding a significant share in game ecosystem deployments. The blockchain gaming ecosystem in 2023 demonstrated steady development, and this track is expected to perform well in the next bull market. Unlike the previous bull market, driven by tokenomics, the next cycle may shift focus from play-to-earn to entertainment value, with the long-term entertainment attributes of games being re-evaluated. As one of the most anticipated user traffic tracks in Web3, the next bull market is expected to break new ground in user accessibility, facilitating a seamless transition for Web2 users to blockchain games. Additionally, in terms of game types, alongside traditional blockchain games, the development of high-quality 3A games and full-chain games has become a key focus during this bear market. 3A games, with their high production values and playability, are poised to attract a phenomenal increase in users. Meanwhile, exploration in full-chain games is expected to bring about new types of asset interactions and gameplay upgrades, enriching game design and experiences. Summary Outlook for 2024 As we advance into 2024, HTX Ventures stands at the forefront of a transformative phase in the blockchain and cryptocurrency sectors, buoyed by optimism and a clear vision. Key trends and developments that are poised to shape the crypto landscape in the coming year include: - Trading Innovation: The rise of sophisticated trading bots and novel trading infrastructures is a testament to the ongoing innovation in trading mechanisms, hinting at more dynamic and efficient market interactions. - Layer 2 Evolution: With the eagerly anticipated Cancun upgrade, the intensifying competition among Layer 2 solutions will likely catalyze significant advancements in scalability and efficiency, further solidifying this sector's critical role. - Web3 and X-Fi Dynamics: A notable shift toward authentic Web3 projects, such as the success of platforms like Friend.tech, signals an evolution towards a more integrated approach, blending social and gaming elements within the crypto realm. - Convergence with Traditional Finance: The discourse around Bitcoin ETFs and Real-World Assets (RWAs), particularly with the potential for a Bitcoin spot ETF breakthrough, underscores a growing convergence between traditional finance and the crypto industry, potentially marking a new era of market growth and mainstream acceptance. In 2024, HTX Ventures remains committed to navigating these developments, leveraging our expertise and insights to support and enhance projects that are not only at the forefront of technological innovation but also strategically positioned for long-term impact and success. Our optimism for the coming year is rooted in the potential of these trends to catalyze meaningful advancements and create new opportunities in the ever-evolving crypto landscape. About HTX Ventures: HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice. HTX Ventures presently backs over 200 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most vigorous Fund of Funds (FOF) investors, HTX Ventures collaboratively forges the blockchain ecosystem alongside premier global blockchain funds, including IVC, Shima, and Animoca. Written by: Haiyi, Juliet, Gigi, Jenny Reference: https://www.eip4844.com/ https://www.erc4337.io/ https://vitalik.ca/general/2023/11/14/neoplasma.html https://dune.com/niftytable/account-abstraction https://defillama.com/ https://defillama.com/stablecoins https://gho.xyz/ https://crvusd.curve.fi/ https://www.demandsage.com/telegram-statistics/#:~:text=How%20Many%20People%20Use%20Telegram,800%20million%20monthly%20active%20users. https://www.footprint.network/research/gamefi/game-overview/chain-stats?series_date-79658=past90days~ About HTX Ventures HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide.With a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice. Contact Details Michael Wang glo-media@htx-inc.com

December 15, 2023 01:11 PM Eastern Standard Time

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William DeCourcy Named AmeriLife’s Chief Lead Generation Officer

AmeriLife

AmeriLife Group, LLC (“AmeriLife”), a national leader in developing, marketing, and distributing life and health insurance, annuities, and retirement planning solutions, announced today that it has named William “Bill” DeCourcy to the newly created role of Chief Lead Generation Officer. Previously AmeriLife’s senior vice president of AmeriLife’s Growth Marketing & Customer Acquisition team, DeCourcy is charged with nurturing and growing AmeriLife’s suite of lead acquisition and performance platforms while ensuring a rigorous approach to generating, securing and managing leads without compromising quality. ‘While we remain relentlessly focused on consistency and volume in support of our affiliates and their agents, it’s also critical that our leads platforms and services adhere to the ever-changing and highly regulated compliance landscape,” said DeCourcy. “I’m excited for this new opportunity and grateful for AmeriLife’s continued focus and investment on what is – without question – the lifeblood of our insurance agents.” Over the course of his career at AmeriLife, DeCourcy has helped pioneer many impactful lead generation efforts, such as helping to establish its direct-to-consumer martech space; creating AmeriLife’s first, real-time lead generation and distribution platform, LeadStar; and representing AmeriLife as president of the Insurance Marketing Coalition. Prior to AmeriLife, DeCourcy worked in progressively senior performance marketing and business insights roles with Marriott Vacations Worldwide, Consumers Energy and Electronic Arts (EA). He holds an MBA from the McCombs School of Business at The University of Texas at Austin. “Over the past year, AmeriLife has made significant strides in the lead acquisition and performance space,” said Ovi Vitas, Chief Marketing Officer for AmeriLife. “The company has introduced new platforms – such as LeadStar and yourDigitalLab – providing agents, marketers, and principals with diverse, high-quality leads, from mail and digital to self-generated and inbound, and more. We look forward to continuing to enhance and expand these always-on platforms to better serve our business under Bill’s leadership.” ### About AmeriLife AmeriLife’s strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. In doing so, AmeriLife has become recognized as a leader in developing, marketing, and distributing life and health insurance, annuities and retirement planning solutions to enhance the lives of pre-retirees and retirees across the United States. For more than 50 years, AmeriLife has partnered with top insurance carriers to provide value and quality to customers served through a distribution network of over 300,000 insurance agents and advisors and 120 marketing organizations and insurance agency locations nationwide. For more information, visit AmeriLife.com, and follow AmeriLife on Facebook and LinkedIn. Contact Details Media Jeff Maldonado +1 321-297-1112 jmaldonado@amerilife.com Partnership Inquiries Patrick Nichols +1 727-726-0726 pnichols@amerilife.com Company Website https://amerilife.com/

December 13, 2023 09:00 AM Eastern Standard Time

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HTX Earn Introduces 3-Day Term for Shark Fin Products, Complementing existing 7-Day offerings: How to Choose?

HTX

The recent volatility in the cryptocurrency market has attracted increasing attention from both new and experienced crypto investors. Their primary concern revolves around the pursuit of stable returns, especially for newcomers. Shark Fin products, such as the 3-day and existing 7-day options from HTX Earn, present an attractive opportunity for achieving steady earnings. How do you select the Shark Fin product that suits you best and offers stable returns? Let's delve into HTX's Shark Fin products and explore the path to profitability. In September of this year, HTX Earn launched a Shark Fin product with a 7-day term, and soon the exchange will introduce a 3-day term option for their Shark Fin products. Advantages of Shark Fin Products Shark Fin, a structured product, offers investors basic returns regardless of market trends, be they bearish or bullish. Additionally, If you make accurate predictions about future market trends while investing, you can benefit from extra gains. Features of HTX Shark Fin Products: Assets subscribed to are fully safeguarded under any market conditions. When the product you have subscribed to reaches maturity, you will enjoy extra returns if the crypto price falls within your expected range. Otherwise, you will still earn a basic APY if the price moves outside your range. By choosing Shark Fin products, you will 1. Enjoy short term subscriptions with good liquidity. 2. Earn industry-leading APYs and basic returns, with your principals well protected. The basic return is higher than those provided by fixed-income products. Even if market predictions go awry, not much valuable time will be lost. 3. Benefit from "bearish" products, which serve as hedging tools. The platform's risk management system works to eliminate risks and keep your assets safe. 4. Make easy subscriptions with just a few clicks. Shark Fin products are ideal for risk-averse, conservative investors seeking stable returns. This includes professional investors, high-net-worth individuals, and those focused on diversification. These products enable you to secure basic gains while potentially earning additional profits, as expected. HTX 7-day Shark Fin: Impressive Performance HTX's 7-day Shark Fin has set itself apart from other similar products in the market with its remarkable performance since its launch in September this year. As of November 30, HTX has successfully issued 12 phases of the 7-day Shark Fin, each experiencing strong demand. The details are as follows: *Source: HTX exchange The table highlights the continuous increase in the subscription quota and individual subscription limits of HTX Shark Fin products, with 100 million USDT and 1 million USDT, respectively, in the latest phase, respectively. Additionally, the basic APYs of the products have remained between 6%-8%. Each phase of the products has reportedly experienced rapid and full subscription shortly after opening, indicating high user acceptance and participation. HTX's 3-day Shark Fin: Higher APYs, Faster Settlements, Earlier Earnings According to an official announcement from HTX, the Shark Fin products with a 3-day term will debut soon, available for subscription starting December 11, 2023, at 12:00 (UTC). These shorter-term products facilitate more flexible investments and offer four investment options: bullish BTC, bearish BTC, bullish ETH, and bearish ETH. The upcoming subscription cycle for these 3-day products features a total subscription quota of 30 million USDT and an individual subscription limit of 1-200k USDT. Additionally, HTX offers bonuses for these products, with APYs ranging from 10% to 30%, lasting for an entire month. (Note: The actual APY may vary due to market fluctuations; specific yields will be based on the actual returns generated by the products.) The key difference between HTX 7-day and 3-day Shark Fin products lies in the asset lockup period. You may choose between these two types of products based on your research and analysis of market trends. If you have a more confident outlook on longer-term market trends, the 7-day products may be more suitable, as they reduce the need for frequent investment operations. However, if the market experiences significant swings and shows profitable short-term market trends, the 3-day products can offer greater flexibility. Please note both types of Shark Fin products offer basic returns. It is worth mentioning that HTX will introduce a new "Auto-Renewal" feature for Shark Fin products by the end of this year. This feature allows for automatic subscription to the same product using your principal from the previous cycle, eliminating the need for repetitive manual operations in each phase. Shark Fin generates its basic returns from various assets on the platform, such as loans and margins, while extra returns come from options, providing investors with the opportunity to enjoy higher APYs. HTX Earn manages these assets with strict risk control models at different levels to ensure asset safety and stable returns. In appreciation for users' long-term support, HTX Earn also offers additional bonuses for Shark Fin. HTX's 3-day Shark Fin opens for subscriptions from every Monday at 12:00 (UTC) to every Tuesday at 12:00 (UTC), while the 7-day Shark Fin, from every Thursday at 12:00 (UTC) to every Friday at 12:00 (UTC). To make subscriptions for these amazing products, you can visit HTX's official website and select Shark Fin on the Earn page, or go to the HTX app and find HTX Earn for Shark Fin products. For a complete guide, please locate the Bulletin Board on the homepage > HTX Earn > User Guides. HTX Earn serves as a dependable instrument for the management of virtual assets, presenting a range of products that align with users' requirements. It guarantees the utmost security of assets, thanks to the exchange's robust risk management system. HTX Earn is purpose-built to deliver top-tier assets for daily passive income, coupled with a user-friendly interface that ensures a seamless and convenient wealth management experience. About HTX Founded in 2013, HTX has evolved from a crypto exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investment, incubation and other areas. HTX serves millions of users worldwide, with a business presence covering over 160 countries and regions across five continents. Its three development strategies - "global development, technology drives development, and technology for good" underpin its commitment to providing comprehensive services and values to global cryptocurrency enthusiasts. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

December 08, 2023 12:23 PM Eastern Standard Time

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