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New Verticals Catapult Forever Network into ComScore Top 25 US Media Rankings

Basketball Forever

Fueled by its new verticals for football, baseball and hockey, Forever Network, one of the fastest-growing and most engaged independent sports content brands in the world, announced today that it is now ranked in the Top 25 of ComScore’s US Media outlet rankings. Debuting at No. 24, Forever Network is ranked among media giants like Warner Bros (#1), Walt Disney (#2) and Comcast (#4). The company also marked its entrance on the list as the eighth top sports media company accompanied by sports industry stalwarts like the NBA (No. 3), NFL (No. 7), Barstool Sports (No. 11) and the WWE (No. 15). “Getting ranked so high by ComScore legitimizes the work we have put in since establishing a North American presence at the beginning of this year,” said Alex Sumsky, CEO and co-founder of Forever Network. “We couldn’t be here without our devoted team and their commitment to user experience, ensuring we are people’s go-to source and have the best content for all things basketball, football, hockey and baseball. This also provides us with a significant benchmark for measuring our success as we continue to establish ourselves as a major player in the US media market.” Including its first vertical, Basketball Forever, Forever Network has earned 3.6 billion total impressions and 356 million engagements year-to-date across its network of sports social media channels. Football Forever has been the most popular new vertical, garnering 528 million impressions since its start in April. Dugout Forever has earned 198 million impressions since its launch in March and Hockey Forever has earned 282 million since its May launch. “The popularity we have achieved and growth we have experienced since the start of this year is just the tip of the iceberg,” said Basketball Forever Chief Strategy Officer Nick Kelland. “With plans for our new soccer vertical to debut in July, we estimate that our network of channels will capture more than eight billion impressions before the year ends.” Forever Network closed a $4 million raise earlier this year to expand in North America and develop new verticals. Along with the new verticals, another key point of the raise was the development of Forever Network’s proprietary free-to-play and real-money games, V.O.A.T., Hot Hands and Streaker, which are on track to launch later this year. ABOUT BASKETBALL FOREVER Basketball Forever was founded in 2015 with a mission to celebrate the game and embrace its ability to unite people from all over the world. The brand reaches millions globally as the best source of breaking news, commentary, rumors, and culture through a uniquely social-first approach, bringing the best content to the consumer and removing the barriers between the creative and the consumer. The company is currently the top ranked global sports company amongst millennials by engagement, garnering 3.9 billion impressions yearly, with a monthly global reach of 105 million unique visitors. For more information and to subscribe, please visit: BasketballForever.com Contact Details Sterling Randle +1 801-319-6153 srandle@hotpaperlantern.com Company Website https://www.forevernetwork.com/

July 10, 2024 08:01 AM Eastern Daylight Time

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Melbourne Australia Beauty Pavilion Makes Its Glamorous Debut at Cosmoprof North America – Las Vegas 2024

Global Victoria

For the first time ever, Melbourne Australia Beauty will command the spotlight at Cosmoprof Las Vegas, the premier international B2B beauty exhibition in North America. From July 23-25, the vibrant and innovative spirit of Melbourne, Australia’s beauty industry will be on full display at the Mandalay Bay Convention Center in Las Vegas. The pavilion is organized by Global Victoria, Australia and is hosted and managed by Access Beauty Insiders a leading marketing consulting firm. Global Victoria, Australia is the State Government of Victoria's trade facilitation agency commissioned to empower Victorian businesses to transform global aspirations into reality. “The state of Victoria is a powerhouse in the beauty industry, home to more than a third of Australia’s top beauty brands and contract manufacturers,” says Elizabeth Moffat, Trade Manager Consumer Goods at Global Victoria. “We’re thrilled to bring these innovative, cutting-edge brands to a global stage at Cosmoprof North America.” Global Victoria is proudly presenting the Melbourne Australia Beauty Pavilion, featuring innovative beauty brands from the State of Victoria. Notably, more than one third of all Australian beauty and makeup product exports originate from this region. “As consumers increasingly prioritize organic, clean, natural beauty products, as well as environmental impact, Victorian companies are well-positioned to meet these market demands” says Mildred Ruiz, US Trade Manager for Consumer Goods at Global Victoria Creating a real buzz, the Pavilion will feature a diverse range of brands, from revolutionary professional salon haircare and vegan beauty cases to self-tanning, skincare infused with indigenous Australian botanicals and must have accessories. Melbourne Australia Beauty pavilion will be located in the Skincare, Makeup & Fragrance Hall space #7087 and will showcase the following companies: Australian Glow Specializing in natural, organic self-tanning products, Australian Glow infuses its formulas with a Quad Collagen Complex to nourish the skin while providing a long-lasting, sun-kissed glow. “ Our products are vegan, cruelty-free, and eco-friendly, embodying our commitment to inclusivity and sustainability,” the brand shares. [Click on Get the Glow to find out more] Booby Tape Pioneers of the world’s first breast lift tape, Booby Tape has gained a cult following and is a staple among A-list celebrities. “We’re the number one choice with over 20,000 stockists in 60+ countries,” boasts the brand. Beyond tape, their lineup includes viral personal care cosmetics that have taken social media by storm. [Click on Lift with Booby Tape to discover the brand] Botany Essentials With over two decades in the industry, Botany Essentials offers a range of skin, hair, and personal care products that leverage Australia’s unique indigenous botanicals. “Our new Botany Native Flora range is a testament to the power of Australian plant ingredients,” says the brand. Their DNA Serums blend clinically proven actives for ultimate skin nourishment. [Click on Unveil Botany Essentials to know more] BYS Cosmetics Renowned for its vibrant, hypoallergenic makeup, BYS Cosmetics is a social media darling with a knack for colorful, trend-setting collaborations. “We prove that high-quality, vegan, and cruelty-free cosmetics don’t have to come with a hefty price tag,” says the brand. Their offerings promise to delight and inspire every makeup enthusiast. [Explore BYS Cosmetics ] ETOILE Collective Crafted for beauty enthusiasts and professionals alike, ETOILE Collective’s stylish cosmetic bags and organizers have garnered over 10 million views on TikTok and been featured in Vogue and the TODAY Show. “We celebrate the culture of getting ready, making every routine a moment of joy and style,” they state. [Find out more about Organize with ETOILE ] Muk Haircare Muk Haircare delivers a comprehensive range for salon professionals, including haircare, styling products, and a full suite of electrical tools. Their future-focused education platform is revolutionizing hairdressing, ensuring that salons remain at the cutting edge. “We’re a one-stop-shop for distributors looking for top-tier hair products and education,” the company notes. [Discover Muk Haircare ] Connect with these brands at Cosmoprof North America 2024 The Melbourne Australia Beauty Pavilion will be an unmissable feature at Cosmoprof North America, embodying the innovation and diversity of Victoria’s beauty sector. To connect with these brands and explore the forefront of beauty trends, visit the pavilion and meet the visionaries driving this vibrant industry forward. This press release serves as your invitation to experience the dynamic world of Melbourne Australia Beauty at Cosmoprof North America 2024. Be there to witness the fusion of innovation, culture, and cutting-edge beauty from down under! For more information about Melbourne Australia Beauty, contact Mildred Ruiz Leal at mildred.ruizleal@global.vic.gov.au. --- About Global Victoria, Australia: Global Victoria empowers Australian beauty businesses to transform global aspirations into reality. As the trade facilitation agency of the State Government of Victoria, they open doors to international markets, providing the expertise and resources necessary for Australian brands to thrive worldwide. [Learn more about by clicking here Global Victoria ] About Access Beauty Insiders: Founded by Daniela Ciocan, an award-winning beauty and exhibition marketing executive and leading voice in the cosmetics industry, Access Beauty Insiders offers strategic marketing services that amplify brand presence and foster market expansion. [Discover Access Beauty Insiders ] Contact Details Mildred Ruiz Leal mildred.ruizleal@global.vic.gov.au

July 10, 2024 07:53 AM Eastern Daylight Time

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WagerWire Establishes Fantasy and Media Verticals as Independent Brands Under Parent Company Wire Industries, Inc.

WagerWire

Wire Industries, Inc., a technology and media company that owns and operates sports betting marketplace WagerWire, announced today the formal establishment of FantasyWire and the Wire Media Group as independent verticals. This expansion allows the company to operate fantasy sports products and other types of gaming independently of sports betting, while accelerating growth of its media and affiliate segments. “This is a natural evolution of our business that we have been planning ever since we founded the company in 2021 as the corporate entity Wire Industries Inc.,” said Zach Doctor, Co-Founder and CEO. “Our sports betting marketplace WagerWire has demonstrated that players love the optionality provided by a liquid and open market for active bets, while delivering significant player engagement value and cost-effective user acquisition for our partner sportsbooks. Now, we’re introducing this same economic principle to fantasy sports and other types of gaming.” FantasyWire is now a separate consumer brand operating side-by-side with WagerWire under the Wire Technologies umbrella. FantasyWire is powering the first-ever DFS pick ‘em marketplace on RealTime Fantasy Sports (RTS), and with trading also available on the WagerWire app. On the RTS marketplace, players can post their line-ups for sale at any time or buy line-ups in progress using tools like suggested prices and deal scores. The technology behind FantasyWire was nominated for Best Fantasy Innovation of 2024 by the Fantasy Sports Gaming Association (FSGA). The Wire Media Group (WMG) encompasses the company’s media network, The Wire, and affiliate marketing division, The Sports Influencers. The group was launched in 2023 by creating original content that immediately catapulted WagerWire into the national spotlight, amassing hundreds of millions of views across social platforms and capturing the attention of ESPN, CNBC, USA Today, and the New York Post. In its first year of operation, WMG was shortlisted for a Hashtag Sports Award for Best Sports Betting Content and was shortlisted again in 2024 for Best X Presence, along with FOX Sports and the NBA. Under WMG, The Wire is a content collective of top-tier creators and networks as well as original in-house content, with partners including Betr Media, Pro League Network (PLN), The Hammer Betting Network, East Coast Sports Investors, and The Gaming Juice. Content spans sports, pop culture, fantasy, sports betting, sports business, and regulatory developments. “Media is an important piece of our ecosystem as it ties all our offerings together and drives a powerful flywheel effect,” said Travis Geiger, Co-Founder and Chief Experience Officer. “Our marketplace generates a never-ending stream of interesting line-ups and bet slips that we leverage as a source of viral content, leading to organic consumer awareness and more incoming action, and finding the next big story.” Geiger continued, “Then with our creator partners, The Wire utilizes purpose-built A.I. production services to aggregate massive amounts of daily content to generate snackable clips, search-optimized articles, and data visualizations to amplify discoverability and cross-pollinate different audiences.” The company’s rapidly growing affiliate business, The Sports Influencers, also operates under the WMG division. Through a diversified strategy of social media services, events, and direct conversions, the company drives sign-ups to multiple affiliate partners, including FanDuel, Caesars, BetMGM and PrizePicks. WMG was shortlisted for SBC North America’s Sports Betting Affiliate of the Year award in 2023 and 2024. Wire Technologies is also building additional gaming verticals including PonyWire, a marketplace for horse racing bets, ContestWire for entries in survivors, pools, and brackets, and DataWire, its in-house data department developing proprietary pricing models and betting tools, as well as insightful content and data visualizations. The full Wire Industries, Inc. organizational chart can be viewed HERE. Wire Industries Inc was established in 2021 and owns and operates Wire Technologies and Wire Media Group. Wire Technologies is the company’s marketplace division including WagerWire, FantasyWire, PonyWire and ContestWire, while Wire Media Group operates their always-on media network and affiliate marketing division. The business was founded with the mission to bring a more efficient, open, and entertaining market to real money gaming of all types, unlocking value for the entire ecosystem. You can download their flagship product WagerWire in the Apple App Store and Google Play, and find them @WagerWire on Twitter and LinkedIn, or @WagerWireLive on TikTok and Instagram. Wire Industries is dedicated to providing a responsible gaming environment. If you think you or someone you know may have a gambling problem, resources are available. Call 1-800-GAMBLER. Contact Details Sterling Randle srandle@hotpaperlantern.com Company Website https://wire.industries/

July 09, 2024 02:36 PM Eastern Daylight Time

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B-Side Lounge: The Newest Music Venue Opens at Graton Resort & Casino

Graton Resort & Casino

Graton Resort & Casino is celebrating summer with the opening of its latest music venue, B-Side Lounge, on Thursday, July 11. Located within Bistro 101, this exciting new space will feature live entertainment, weekend DJs, Sunday brunch parties, and more. The opening line-up of live performances has something for everyone from country music to dance parties. Thursday, July 11 – NorCal native Tyler Rich kicks it off with crowd pleasing country Friday, July 12 – Official DJ of the Golden State Warriors DJ D-Sharp delivers non-stop beats Saturday, July 13 – Bay Area favorite DJ Shabazz spins the hottest tracks to keep the party jumping Sunday, July 14 – Recent American Idol sensation Kaeyra performs at a special brunch “B-Side Lounge is the new, go-to destination for entertainment,” said Lana Rivera, President of Graton Resort & Casino. "We've handpicked an incredible lineup of local and touring artists who bring their heart and soul to the stage, making every night at B-Side Lounge a special event." B-Side Lounge offers an electrifying atmosphere with a wide range of music, both old and new. The space features a glamorous full bar, premium lounge seating and a lively dance floor. The menu offers a selection of local craft beers on tap and specialty cocktails, as well as nonalcoholic drinks. Explore a variety of upcoming entertainment events at www.gratonresortcasino.com. *** About Graton Resort & Casino Graton Resort & Casino, located in Rohnert Park, California, is a premier destination for entertainment, dining and gaming in Northern California. Boasting a luxurious atmosphere and world-class amenities, Graton Resort & Casino offers guests an unparalleled experience with its diverse selection of restaurants, bars, gaming options and live entertainment venues. From thrilling gaming action to upscale dining and relaxing spa treatments, Graton Resort & Casino provides an all-encompassing retreat for visitors seeking excitement and relaxation. Resort access is limited to guests aged 21 or older. For more information, visit www.gratonresortcasino.com. ### Contact Details Landis Communications Inc. Brianne Miller +1 650-575-7727 graton@landispr.com Company Website https://www.gratonresortcasino.com/

July 09, 2024 08:01 AM Pacific Daylight Time

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New Online Casino Platform Aims to Revolutionize Player Experience with Instant Withdrawals

AM Europe

Today marks the launch of InstantCasinos.net, a one-stop platform dedicated to helping players find safe, secure, and reliable online casinos that offer instant withdrawals. Founded by a team of seasoned online casino experts with years of experience in the industry, InstantCasinos.net aims to revolutionize the way players approach online gambling. “We understand the frustration players face when it comes to waiting days or even weeks to receive their winnings,” says Kenneth Moore, founder of InstantCasinos.net. “That’s why we’ve created a platform that specifically caters to those who value speed and convenience when it comes to online casino withdrawals, InstantCasinos covers Canada to the United Kingdom which frequently have withdrawal problems.” InstantCasinos.net offers a comprehensive directory of online casinos that have been meticulously vetted for their commitment to instant payouts. The platform employs a rigorous review process that takes into account factors such as licensing, security measures, payment processing speed, and customer service reputation. “Our team has extensive experience in the online casino industry, and we leverage that knowledge to ensure players are directed to only the most reputable and trustworthy casinos,” says Kenneth Moore. “We understand the importance of player safety and security, and that’s a core principle that guides everything we do at InstantCasinos.net.” Beyond just identifying safe and secure casinos with instant withdrawals, InstantCasinos.net provides players with a wealth of valuable resources, including: In-depth casino reviews: Detailed reviews that provide players with a clear understanding of each casino's offerings, including game selection, bonuses, and withdrawal procedures. Exclusive bonus offers: InstantCasinos.net partners with reputable casinos to offer players exclusive bonus deals and promotions. Up-to-date industry news: The platform keeps players informed about the latest developments in the online casino world. About InstantCasinos.net InstantCasinos.net is a leading online platform dedicated to helping players find safe, secure, and reliable online casinos that offer instant withdrawals. Founded by a team of passionate online casino experts, InstantCasinos.net is committed to providing players with the information and resources they need to make informed decisions and have a truly enjoyable online gambling experience. Contact Details Kenneth Moore +44 7813 218131 ken@canisdigitalgroup.com

July 08, 2024 03:00 AM Eastern Daylight Time

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Notcoin Continues To Freefall! Could 100x Breakout Presale Be The Answer For Bitcoin Whales?

Total Media

The continued fall of Notcoin has recently had the cryptocurrency market talking. It has recently seen its value plummet due to various factors, including market saturation and diminishing investor confidence. Amid this turmoil, Raboo offers a glimmer of hope with its 100x Breakout Presale, drawing the eyes of Bitcoin whales searching for lucrative new ventures. This presale isn't just a potential lifeline for distressed crypto investors; it's poised to catalyze significant shifts within the market. Read on as we discuss how Raboo's strategic move could redefine investment trajectories in the ever-evolving crypto landscape. Notcoin continues to freefall Notcoin has recently experienced significant market fluctuations, with a sharp decline of about 40% over the last month. This reflects the high volatility and speculative nature that often characterizes Play-to-Earn and meme-driven cryptocurrencies like Notcoin​​​​. These market dynamics highlight several issues impacting Notcoin's position in the cryptocurrency sector. The rapid changes in its value can erode investor confidence and make it challenging for long-term stability. If Notcoin fails to innovate or stabilize its market presence, it could face diminishing investor interest over time, which could have long-term detrimental effects on its valuation and utility. The broader impact on the market and investor trust revolves around this high volatility and the speculative nature of assets like Notcoin, which can lead to significant price fluctuations based on investor sentiment and market trends. Bitcoin's recent market performance Bitcoin's recent market downturn can be attributed to a few significant factors. With a 12.4% decline in the last month, one major contributor has been the large-scale selling by the German government, which has offloaded substantial Bitcoin holdings, triggering price volatility. A general slowdown in whale trading activity has also played a role. These whales have reduced their transactions drastically, indicating a cautious approach, which usually leads to decreased market liquidity and lowered prices​​. This downturn has led Bitcoin whales to explore other investment avenues, seeking higher returns with lower price volatility. New and promising projects like Raboo's 100x breakout presale are drawing attention as alternative investment opportunities. Bitcoin's fluctuations influence the broader crypto market, impacting investment strategies and the financial dynamics within the crypto space. Such shifts underscore the interconnected nature of the market, where significant moves by influential entities or changes in a leading cryptocurrency like Bitcoin can ripple across the entire ecosystem​​​. Could 100x breakout presale be the answer for Bitcoin whales? Raboo's 100x breakout presale has captured the attention of major investors, including Bitcoin whales, thanks to its innovative use of AI technology and a robust community-driven approach. The presale highlights features such as AI-enhanced user interactions and a Post-to-Earn model, which incentivises user participation and content creation. Now in its fourth stage, priced at an attractive $0.0048, Raboo has experienced a 60% increase since its initial price offering of $0.003, with over $1.6 million raised, 10,000 registered users, and 2,900 token holders. This impressive growth showcases its appeal as a dynamic player in the evolving meme coin sector. The strategic maneuvers behind Raboo's presale include targeted marketing campaigns that leverage social media platforms and crypto forums to enhance visibility and attract a diverse investor base, distinguishing it from competitors like Notcoin, which has struggled amid market volatility and investor skepticism. Raboo's successful presale strategy contrasts Notcoin's challenges and positions it as a compelling investment opportunity for Bitcoin whales seeking high returns in the memecoin market. Conclusion As Notcoin navigates its market challenges, Raboo's 100x breakout presale emerges as a beacon for investors, especially Bitcoin whales seeking high-growth prospects. This shift could redefine investment strategies within the cryptocurrency sphere, illustrating the impact of innovative presales on broader market dynamics. Investors are advised to keep a close eye on Raboo's ongoing presale, which promises to influence the market's future trajectory and offer substantial returns. This pivotal moment could reshape how investments flow in the volatile crypto landscape. You can participate in the Raboo presale here. Telegram: https://t.me/RabootokenPortal Twitter: https://twitter.com/Raboo_Official Contact Details Total Media Solutions media@Totalsolutionspr.io Company Website https://rabootoken.com

July 04, 2024 01:00 PM Eastern Daylight Time

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Delivra Health CEO Gord Davey discusses Middle East expansion with new Dubai UAE sales territory

Delivra Health Brands Inc.

Delivra Health Brands Inc. (TSX-V:DHB) CEO Gord Davey discusses the company’s recent expansion efforts in the Middle East during an interview with Proactive's Stephen Gunnion. Davey highlighted a successful trip to Dubai, where Delivra has partnered to target the United Arab Emirates (UAE) as a new sales territory. This move aligns with the company's strategy to expand its brand presence in the region. Delivra's product, Dream Water, which is already registered as a drug product and widely available in pharmacies across Saudi Arabia, will now be distributed throughout the UAE. Davey acknowledged the challenges faced during the nine-month process of regulatory approvals but credited their local partner’s expertise in navigating these complexities. He emphasized the significant market potential in the UAE, driven by a growing population and widespread sleep issues, which Dream Water aims to address. Looking ahead, Davey mentioned ongoing efforts to expand into additional territories in the Middle East, although he did not specify which countries due to pending regulatory approvals. He assured that the company is committed to global growth and will continue to update shareholders on progress. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com

July 04, 2024 11:01 AM Eastern Daylight Time

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A Call for Preparedness Amid Modern Challenges

ReadyWise

As we commemorate Independence Day, it's crucial to reflect on the significance of this holiday and the freedoms we cherish. In a pivotal election year, America faces tough challenges, including international threats to our democracy. According to a report from Freedom House, global freedom is threatened by political violence and the erosion of democratic institutions. ReadyWise, the leading manufacturer of emergency foods, is here to remind everyone that self-sufficiency and preparedness are vital in these uncertain times. Our 4th of July sale offers a rare Buy 1, Get 1 Free deal on select emergency items, which can be mixed and matched, plus 25% off sitewide on everything else with code FREEDOM24 at checkout. "Now is the time to be prepared with essential life-saving products," said Brandon Eriksson, Spokesperson for ReadyWise. "In a world becoming increasingly uncertain, relying solely on government support is not enough. Take your freedom into your own hands this 4th of July and ensure you are ready to face challenges head-on." ReadyWise offers a wide selection of both short-term and long-term solutions to meet the needs of every family. Choose what suits your family best from our wide range of products, including single ingredient #10 cans, organic, and gluten-free options. Our emergency food supplies provide peace of mind and act as "insurance you can eat.” For more information on the ReadyWise 4th of July sale and to browse our range of emergency preparedness products, visit https://readywise.com/. About ReadyWise: ReadyWise is a leading provider of emergency food supplies, committed to helping families and individuals prepare for the unexpected. Our products are designed for long-term storage lasting up to 25 years, ensuring that you and your loved ones have access to nutritious meals in any emergency. Contact Details ReadyWise Amalie Jorgensen ajorgensen@readywise.com Company Website https://readywise.com

July 03, 2024 08:58 AM Eastern Daylight Time

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Maintaining Changed Behaviour With Incentives: The Potential Of Web 3.0 In Mental Health Treatment Through Digital Token Rewards

Benzinga

By Kyle Anthony, Benzinga Initiating change in one’s life often begins with acquiring the fortitude to reflect and realize that it is needed, followed by taking action to actualize it. However, enacting change and achieving progress is never linear, and for many, support is needed along the pathway to betterment. In the field of substance abuse treatment, contingency management has shown evidence of being an efficacious methodology for treating the problem behavior of individuals. The learnings from contingency management in behavioral treatment may have some applicability in supporting mental health. Elevate Health and Wellness, a clinic specializing in mental health and addiction treatment for adolescents and adults, is exploring this possibility by leveraging the capabilities of Web 3.0 in their treatment plans with patients. Contingency Management Explained Dr. Nancy M. Petry, Ph.D.’s extensive research on contingency management highlights its efficacious nature is rooted in the principles of basic behavioral analysis, more specifically, habit formation. Research on the success of contingency management as a treatment methodology has been proven in controlled trials and qualified by stakeholders in the field of psychology. In The Psychiatrist Journal of May 2011, Dr. Petry published an article entitled, Contingency Management: What it is and Why Psychiatrists Should Want to Use It, detailing the evidence-based research done on the behavioral treatment and the cross-sectional nature of its success, reducing usage in opioids, alcohol, marijuana and even cigarettes by patients. Transference Of Learning: Contingency Management And Mental Health The proven success of contingency management in substance use disorders may have some application in facilitating the treatment of some mental health issues within patients. Since the onset of the pandemic, 38% more Americans are participating in mental health care treatment of some kind, whether that be inpatient or outpatient services. But what mental health professionals have noticed is that youth mental health issues are increasing. In 2021, more than 4 in 10 high school students felt persistently sad or hopeless, with more than 1 in 5 students seriously considering attempting suicide. Today's youth are more interconnected through various technological devices and platforms; as such, reaching and engaging with them has to be done through a medium that is ever-present in their lives. Web 3.0 represents a newfound avenue for mental health treatment to occur in a way that resonates with today’s youth while also being effective. By using Web 3.0 as a conduit for contingency management, individuals can receive counseling, encouragement and incentives around specific mental health issues. In essence, using technology to treat individuals empathetically while also incentivizing them to continue treatment as they navigate their mental health journey. Leveraging Technology For Mental Health Implementing blockchain technology to increase mental health services for those who need it instantly at both outpatient and inpatient levels is part of Elevate Health and Wellness' vision as a dual-licensed outpatient clinic specializing in mental health and addiction treatment for adolescents and adults. Tentatively launching in 2024, the company says its token will be used to increase awareness, build a stronger supportive community and connect individuals with mental health disorders and addiction with therapists and psychiatrists instantly. Blockchain-based software will also allow for the creation of smart insurance contracts (i.e., contracts that are self-executing, in which the terms of the agreement are directly written into lines of code) for mental health and wellness to provide an alternative to conventional insurance. Digital token rewards are already being leveraged by brands through Web 3.0 loyalty programs, and they have the potential to be powerful tools for promoting sustainable behaviors. With contingent management strategies suggesting that desirable behaviors should be reinforced quickly, digital tokens can help implement these strategies effectively through rewards that can be awarded quickly, tracked accurately and redeemed easily. As such, embedding contingency management treatment attributes within Elevate’s token could help improve outcomes. Given the greater ownership individuals will have of their information in a Web 3.0 world, therapists and psychiatrists can design treatment plans to specifically reward their patients throughout their treatment plan. The Web 3.0 Future Of Mental Health With Contingent Management Web 3.0 holds the potential to transform healthcare by creating a more patient-centric and personalized treatment plan for individuals. With behavioral treatments like contingency management available to individuals, the ability to form and embed positive habits can help improve patient outcomes. Elevate Health and Wellness is fully prepared to take advantage of this technological advancement for the betterment of its patients and those who need its services the most. Featured photo by Valeriia Miller on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

July 03, 2024 08:50 AM Eastern Daylight Time

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