BingX Announces Strategic Investment in AI and Web3 Startup Moonbox

SINGAPORE, Aug. 21, 2023BingX, a leading global cryptocurrency exchange, is proud to announce a significant stride in its commitment to fostering innovation within the blockchain and Web3 ecosystem. Through its investment arm, Bing Ventures, BingX has strategically invested in Moonbox, a pioneering AI and Web3 startup.

Moonbox has a unique approach to reshaping the digital landscape. Licensed to use the intellectual property of most popular classic films of Stephen Chow, Moonbox is set to launch a series of generative AI-powered NFTs and applications inspired by the art and film by the end of 2023. It believes, with the addition of an AI interaction layer, NFTs will be more engaging, entertaining, and satisfying for users, which will ultimately lead to NFTs being used in more types of content creation such as films and short videos. With a plan to launch its AI-powered interaction platform, Moonbox aspires to become one of the world’s premier companies to develop immersive experiences for individuals.

This investment will further accelerate Moonbox’s product growth and advance its core technology, which leverages cutting-edge generative AI to fuel applications for the evolving Web3 and NFT ecosystem.

Founded in 2021, Bing Ventures stands as a beacon of innovation in the venture capital landscape. Focusing on supporting early-stage startups and entrepreneurs of Web3 and blockchain advancements, Bing Ventures boasts a team of industry veterans and experts with extensive experience in investing, incubating, developing, and promoting projects. With a research-driven, sector-agnostic value investing approach, Bing Ventures has built an impressive portfolio spanning DeFi, NFTs, GameFi, DAOs, infrastructure, and more.

“Moonbox’s fusion of AI and Web3 showcases a visionary convergence that leads us toward a future of limitless possibilities. As Bing Ventures aligns with this innovative force, we are excited to champion Moonbox’s journey, a journey that will undoubtedly catalyze the evolution of technology and its impact on society,” remarked Elvisco Carrington, PR and Communications Director of BingX.

BingX’s strategic investment in Moonbox signifies a strategic alignment between Bing Ventures and BingX, underlining their shared dedication to advancing the capabilities of the Web3 ecosystem. This investment showcases BingX’s proactive approach to identifying and supporting promising projects that have the potential to shape the future of technology. It also marks a significant step forward in the realm of blockchain innovations and underscores BingX’s commitment to driving the next wave of technological advancements.

About BingX

BingX is a leading crypto exchange that offers spot, derivatives, copy, and grid trading services to over 100 countries and regions worldwide with over 5 million users. BingX continues to connect users with expert traders and the platform in a safe and innovative way.

SOURCE BingX


American Battery Factory Raises Development Capital in Series A Funding Round to Support Continued Growth

Lion Energy and FNA Group are among investors as ABF aims to start producing LFP cells next year

AMERICAN FORK, Utah, Aug. 21, 2023American Battery Factory Inc. (ABF), an emerging battery manufacturer leading the development of the first network of lithium iron phosphate (LFP) battery cell gigafactories in the United States, today announced that it has raised significant development capital in Series A funding from investors, including a significant investment from Lion Energy. Results of the funding round mark a milestone to secure production equipment and security technology needed for the first development phase of its recently announced gigafactory in Tucson, Arizona.

Other investors in the Series A include hybrid manufacturing partner FNA Group as well as a battery-cell equipment manufacturing company.

“Our vision is to help the United States rapidly electrify, and energy storage is the only solution that makes this possible,” said Jim Ge, CEO of American Battery Factory. “The first major step on this journey will be the construction in Arizona of the largest U.S. gigafactory for producing lithium iron phosphate (LFP) battery cells, with initial development funded by this Series A round. We anticipate delivering our first battery cells within the next 18 months.”

Investor Lion Energy, a developer and manufacturer of high-quality energy storage products for personal and commercial use, incubated ABF for 18 months before its unveiling to the public in March 2022. ABF entered into an offtake agreement with Lion Energy in May 2022 to deliver 18 GWh of LFP battery cells beginning with high-capacity prismatic cells offering 105 to 300 Ah outputs. These are designed for a range of Lion Energy solutions, including portable solar generators along with residential, commercial and utility grid-level lithium battery-based energy storage systems.

“We can’t move to an entirely green energy economy as a country and society without high-quality lithium batteries,” said Frank Davis, CEO of Lion Energy. “ABF and Lion Energy are dedicated to creating the pathway to 100% renewable energy. As one of the fastest-growing pack integrators, Lion Energy is pleased to participate in ABF’s Series A funding to help expedite its production of the safest, longest-lasting, most reliable and eco-friendly batteries currently available.”

Investor FNA Group is a state-of-the-art hybrid manufacturing partner that will provide its sophisticated technology to ABF’s battery cell production. Formed in 1988, FNA Group today is the market leader in pressure washers and one of the most vertically integrated power equipment manufacturers in the industry with a global presence across the United States, China, Italy and Australia. The company recently announced the move of critical component manufacturing to North America to field a more robust R&D team to innovate new and more efficient products.

“Our focus as a company is to bring our entire supply chain to North America and this is now possible through American Battery Factory,” said Gus Alexander, CEO of FNA Group. “Our global plan is to electrify all our next generation of products by utilizing ABF battery cells. We are proud to support the company in this round of funding to ensure a domestic supply chain for all.”

Keeping its commitment to a U.S.-made battery cell supply, ABF will work with FNA Group to build top-of-the-line automation products for its gigafactory. This will allow the company to create fully automated, fast assembly facilities utilizing robotic and AI technologies to drive down costs and increase production. Quality control through these strategic partnerships will also enable ABF to replicate the battery cell with consistent results.

ABOUT AMERICAN BATTERY FACTORY
American Battery Factory Inc., a Lithium Iron Phosphate (LFP) battery cell manufacturer, is developing the first-ever network of safe LFP cell giga-factories in the United States. The company is dedicated to making energy independence and renewable energy a reality for the United States by creating a domestic battery supply chain. Along with creating domestic manufacturing jobs, ABF will play a crucial role in meeting federal and state government climate change initiatives and “Made-in-USA” national security requirements. For more information on American Battery Factory, please visit americanbatteryfactory.com.

ABOUT LION ENERGY
Lion Energy is a leading manufacturer of safe, silent and eco-friendly power solutions for everyday needs. The road to energy independence affects all aspects of life including how everyone lives and interacts with one another at home, at work or at play. Regardless of where they are on this path, Lion Energy has a U.S.-designed and engineered power solution that can be used indoors or outdoors. Leading the way with innovative Lithium energy smart storage technologies known as LionESS™ and through rigorous testing, Lion Energy provides the broadest and most innovative suite of energy storage solutions on the market today, from hand-held portable device charging to portable solar generators to home, commercial and industrial battery systems. For more information, visit lionenergy.com.

ABOUT FNA GROUP
FNA GROUP is a vertically integrated manufacturer of brand name and private label electric and gas pressure washers, pumps, hoses and replacement parts. The company sells worldwide to homeowners, commercial & industrial customers through retailers, dealers, distributors and online. Their major house brands include SIMPSON® and DELCO®. FNA GROUP also controls the brand names POWERWASHER®, TASKMASTER® and supplies products under the well-known brands DeWALT® and STANLEY®. FNA GROUP brands are sold across North America in major home-improvement retail chains as well as regional and international dealers and distributors. Visit fna-group.com to learn more.

SOURCE American Battery Factory


Writerly AI Launches Game-Changing E-Commerce Optimization Tool and Celebrates Successful Funding Round

NASHVILLE, Tenn., Aug. 21, 2023 — Writerly AI, the Nashville-based pioneer in AI-powered writing tools, launches its latest innovation, EKOM, a first-of-its-kind digital asset creation and optimization engine, this week at eTail Boston. The preeminent tool is transforming the e-commerce landscape by automating the process of crafting brand specific, SEO-optimized product assets with dynamic updates, ensuring businesses stay ahead in today’s dynamic digital marketplace.

EKOM is a response to the primary need of a significant number of Writerly’s 600,000 users who use the platform for digital product detail generation. 

Jon Ricketts, the CEO of Writerly said, “We’re committed to leveraging natural language processing to build software that delivers real economic value for users. Products like EKOM exemplify this. Its automation and real-time data capabilities enhance workflows and customer experiences while unlocking new revenue opportunities. We aim to harness advanced technology to provide tangible benefits that make a significant difference for our customers.”

With the launch of EKOM, Writerly is also celebrating an oversubscribed initial fundraising round of $2 million. This investment will further fuel the development and expansion of EKOM, allowing the platform to accelerate its robust product roadmap of cutting-edge automated solutions. These solutions are designed to enhance sales and buyer acquisition channels for its e-commerce customers.

EKOM is much more than an SEO tool. It’s a comprehensive e-commerce optimization platform that automates the process of creating and optimizing product assets. With EKOM, businesses can focus on growth, while remaining secure in the knowledge that their product assets are being optimized for SEO automatically.

With EKOM, e-commerce businesses will see:

  • Automation that scales: Easily import and export data directly to and from a CMS with powerful bulk-optimization.
  • Always optimized with real-time SEO data: By partnering with leading SEO data sources, EKOM cross-references today’s marketplace search intent with CMS data to provide revenue-driving product assets.
  • Intelligent recommendations to fuel growth: View traffic analytics and get the most helpful automations recommended in a customized EKOM dashboard.

For more information about EKOM or to schedule a walkthrough, visit https://www.ekom.ai/.

About Writerly AI

Writerly AI delivers productivity software that strikes the perfect balance between power and ease of use. Trusted by over 600,000 of the world’s most innovative organizations and creators, Writerly harnesses the capabilities of generative AI to drive improved business results through marketing automation.

Press Contact:
Bob Hutchins
[email protected]
(615)994-7696

SOURCE Writerly AI


BBT.live extends seed funding to $8.4 million for secured connectivity as a service

Existing investor Tzvi Neta leads extended seed bringing his total investment to $4.5 million for SASE security connectivity subscription solution

TEL AVIV, Israel, Aug. 21, 2023 — BBT.live, developer of the BeBroadband™ SaaS platform, an SD-WAN/SASE as a Service built for service providers, has extended its seed funding round to $8.4 million. BBT.live has a unique business model which decreases service provider sales cycles and customer acquisition costs. Tzvi Neta leads the round.

BeBroadband™ is an all-in-one secured cloud solution for service providers to deploy software-defined networking to their business customer clients. The solution includes Secure Access Service Edge (SASE) cyber security, connectivity, WAN optimization, and management and controls through a multi-tenant self-serve orchestration portal. All elements of the solution are part of a single subscription, including edge appliance hardware. Competing solutions are complicated and expensive to deploy, leaving many businesses without the network efficiency and security benefits of software-defined networking.

BeBroadband™ is fit for many use cases requiring secured connectivity, including branch connectivity, work from home, Remote Office Branch Office (ROBO), and the Internet of Things (IoT). Zero Trust Network Access (ZTNA) is a component of the solution and enables safe off-premises use of corporate software. Demand for this capability grew during and following the Covid-19 pandemic with the growth of work from home.

Tzvi Neta, owner and chairman of Automotive Equipment Group (AEV), leads the seed extension investment bringing his total investment in BBT.live to $4.5 million. Neta has a significant track record of successful investment in the Israeli tech ecosystem, including early stakes in some of the most famous startup nation success stories.

Founded in Tel Aviv in 2020, BBT.live has grown to 30 employees. BeBroadband™ is now commercially available and already deployed, following 2 years of work with design partners including the IDF and Cellcom with rapid expansion expected over the coming year.

The BBT.live team is led by CEO & Co-Founder Moshe Levinson and Chief Science Officer and Co-Founder David Hay of Hebrew University, currently on sabbatical at Princeton University. Dani Harari, the highly decorated former commander of the 8200 unit is an active board member, and former senior EY executive Oren Baron serves as strategic advisor.

Since the initial funding announcement in June of 2022, BBT.live has struck technology collaboration partnerships with Check Point and Rohde & Schwarz. They also have previously announced agreements with Advantech, Intel, and Nvidia.

“Every service provider that we enter discussions with tells us about the need for a simple solution that doesn’t require major integrations and no CapEx investment on their part,” said Moshe Levinson, CEO & Co-Founder of BBT.live. “With the faith of our investors, including Tzvi Neta, we are delivering on simplified, secured connectivity, including to customers previously unserved by our competitors.”

“This additional investment is a show of confidence not only in the prospects of the BBT.live team and technology, but also in the Israeli tech ecosystem that I have long been active in.” said Tzvi Neta. “I have no doubt that our tech sector will weather both the global economic storm and our internal challenges in Israel and see great success.”

About BBT.live:

BBT.live offers SD-WAN/SASE as a Service security and connectivity designed for service providers with the BeBroadband™ platform. The tech-agnostic solution fits use cases across multiple verticals. Partnerships with Checkpoint for cyber-security protection and Rohde & Schwarz for Deep Packet Inspection enable WAN Optimization; BeBroadband™ offers an all-in-one SASE solution for managing and controlling business networks.

Photo – https://mma.prnewswire.com/media/2190139/AEV_Tzvi_Neta.jpg

For media inquiries or further information, please contact: 
David Weissmann 
AVP Sales & Marketing
[email protected]
+972587955088

SOURCE BBT.Live


Mysthera Therapeutics Launches to Develop First-in-Class Autoimmune Disease Therapies

Seed Capital from Forty51 Ventures to Advance Pipeline of Pan-PIM Kinase Inhibitors

BASEL, Switzerland, Aug. 21, 2023 — Mysthera Therapeutics AG, a company developing first-in-class, oral therapeutics to treat complex autoimmune diseases, launched today with $3.5 million seed capital from founding investor Forty51 Ventures. The capital will be used to advance its portfolio of pre-clinical stage, pan-PIM kinase inhibitors to uniquely modulate multi-lineage immune cell functions.

PIM kinases are gateway kinases in multiple immune cell lineages (including B and T effector cells) driving excessive inflammation. Elevated PIM kinase may further contribute to the formation and maintenance of tertiary lymphoid structures (TLS) which are associated with disease severity and progression.

Autoimmune diseases impact over 23 million in US alone. Despite recent progress and novel treatment options, significant unmet needs remain due to poor response rates and adverse safety profiles of currently available treatment medicines.

Mysthera’s founding management team and board of directors brings considerable experience, leadership and a successful track record across research and development.

Leveraging our deep expertise in PIM kinase and immunology, we are pursuing a highly differentiated approach to tackle complex autoimmune diseases. We believe this will result in new treatments to change the lives of patients globally“, said Darren Cunningham, co-Founder and Chief Executive Officer at Mysthera Therapeutics.

“PIM inhibition most critically hits effector B and T cells at the site of inflammation and inhibits their activation” added Dr. Stefan Haak, co-Founder and SVP R&D at Mysthera Therapeutics. “Our approach is uniquely positioned to also silence the essential cross-talk between these cells, impeding the pathogenic TLS formation associated with more erosive disease.”

About Mysthera Therapeutics

Mysthera Therapeutics AG was founded in Basel, Switzerland by Forty51 Ventures in 2023. Pursuing a first-in-class therapeutic approach, Mysthera plans to reshape the treatment landscape for autoimmune disease. PIM kinase inhibition uniquely and selectively modulates immune cell function in multiple lineages associated with complex disease.  The company’s pipeline includes pre-clinical stage, PIM kinase inhibitors in-licensed from Inflection Biosciences Ltd. For more information, please visit www.mystheratx.com

About Forty51 Ventures

Forty51 Ventures is a Basel-based venture capital firm with its core strategy focused on company formation and early-stage investments in biotech with geographic emphasis on Switzerland, France and Germany. Forty51 Ventures leads and co-leads early financing rounds (Seed and Series A) of its growing portfolio which includes both academia and Pharma/Biotech spin-outs.

For further information contact:

Darren Cunningham, CEO, Mysthera Therapeutics AG
darren.cunningham@mystheratx.com

Logo – https://mma.prnewswire.com/media/2189163/Mysthera_Therapeutics_Logo.jpg

SOURCE Mysthera Therapeutics AG

Ghost Raises $30 Million to Help Brands and Retailers Move Surplus Inventory

Series B round led by Cathay Innovation will provide capital to make key hires and accelerate product development to meet growing customer demand 

LOS ANGELES, Aug. 21, 2023Ghost, a members-only B2B marketplace for surplus inventory, today announced it has raised $30 million in Series B funding, bringing the total to $68 million to date. Venture capital firm Cathay Innovation led the round with participation from existing investors Union Square Ventures, Equal Ventures and Eniac Ventures. The company will use the funds to hire for several roles in product, engineering and design while developing its platform further to meet rising demand.

Since coming out of stealth with a $20M Series A in July of 2022, Ghost has been on a rapid growth trajectory. The company has experienced a 500% increase in uploaded inventory in the last year, gross merchandise value (GMV) run rate has increased over 10x year-over-year and the team has doubled in size. Ghost now counts over 1,000 members on its platform, including some of the world’s best brands and global retailers in categories such as apparel, footwear, beauty and home goods.

Surplus inventory continues to be one of the most significant pain points for retailers and brands who have historically suffered from limited, inefficient and archaic liquidation options. In 2022, over $500 billion of excess inventory was sold at discount retailers, expected to grow to $830 billion by 2030 — while over $163 billion is discarded annually. The problem is becoming more complicated as supply chain issues continue to arise and demand becomes more difficult to predict.

“Ghost has found a way to fundamentally change the industry and unlock billions for both buyers and sellers by focusing on access,” said Simon Wu, Partner at Cathay Innovation, who is joining Ghost’s board. “By allowing sellers to stop being ‘price takers’ and generate superior recovery rates while simultaneously granting buyers access to premium, highly sought-after inventory previously unattainable, Ghost grows the pie and creates win-win solutions for all parties. We’re excited to partner with Josh and Dee — two well-known commodities in retail and tech and a natural founder-market fit — as they work to scale and expand into new categories and geographies.”

Co-founders Josh Kaplan and Dee Murthy witnessed the challenge of inventory management first-hand at fashion holding company Five Four Group and started Ghost to solve the ever-evolving problem. Launched in 2021, Ghost offers a members-only B2B marketplace where brand sellers can discreetly and efficiently monetize their surplus inventory to vetted buyers. Its easy-to-use platform is a one-stop-shop for retailers and brands to buy, sell, price and ship excess goods powered by a data engine for greater discovery and increased conversion for buyers and sellers.

“We are leveraging data science and technology to solve a problem that has previously been addressed with phone calls and fax machines,” said Josh Kaplan, Co-CEO of Ghost. “Our alpha is the ability to predict everything from market pricing to sell-through, which is extremely powerful information for our customers.  Through our team’s deep expertise in the retail sector, Ghost has gained the trust of global brands across fashion, beauty, footwear, home goods and more. We are expanding our reach across the globe and connecting more of the world’s best retailers than ever before.”

Dee Murthy, Co-CEO of Ghost said, “With Cathay Innovation, we’ve gained a partner with an extensive understanding of the retail industry along with invaluable connections to a global consumer ecosystem that will help Ghost reach brands across the US, Europe and Asia.  We look forward to working with them as we expand, grow and take Ghost to the next level.”

About Ghost:
Ghost is the world’s leading B2B platform for brands and retailers to exchange surplus inventory. The members-only marketplace solves the frustrations that have held back brands for far too long. By combining user-friendly technology with industry data, Ghost is shaping the future of retail and offering an all-in-one solution for buying and selling goods effortlessly.

For more information, visit http://www.ghst.io.

About CI:
Cathay Innovation is a global venture capital firm, created in affiliation with Cathay Capital, investing in startups at the center of the digital revolution across North America, Latin America, Europe, Asia and Africa. Its global platform unifies technology investment across continents, investors, entrepreneurs and leading corporations to accelerate startup growth with access to new markets, invaluable industry knowledge and introductions to potential partners from the start. As a multistage fund with over $2B assets under management and offices across San Francisco, New York, Paris, Shanghai, Beijing and Singapore, Cathay Innovation partners with visionary entrepreneurs and startups positively impacting the world through technology.

To learn more, please visit www.cathayinnovation.com.

Media Contact:
Michael Celiceo, CodePR
[email protected]

SOURCE Ghost


Mitra Chem Wins 2023 Startup World Cup Silicon Valley Regional Competition

SAN JOSE, Calif., Aug. 21, 2023 — Startup World Cup, one of the biggest and richest startup pitch competitions in the world, successfully hosted their highly anticipated flagship Startup World Cup Silicon Valley Regional competition on August 3, 2023.

Out of the Top 15 finalists, Mitra Chem, which is utilizing a machine learning advantage to accelerate the commercialization of next generation iron-based cathode materials in the west, became the champion. This achievement paves the way for their participation in the Startup World Cup Grand Finale to be held in San Francisco on December 1, 2023 for an opportunity to win a $1,000,000 investment prize.

The event was organized and by Pegasus Tech Ventures, a Silicon Valley-based global venture capital firm. A panel of independent venture capital investors judged the pitches of the finalists and ultimately awarded Mitra Chem as the winner.

“We are delighted by the quality and enthusiasm of the entrepreneurs who are competing,” said Anis Uzzaman, Founder and CEO of Pegasus Tech Ventures, who created the Startup World Cup competition in 2016. “Each year we’re impressed by the quality of startups who applied and presented. I look forward to seeing Mitra Chem on the Grand Finale stage.”

With more speakers to come, Barbara Corcoran (ABC’s Shark Tank Star), Vinod Kholsa (Founder of Khosla Ventures), Tekedra Mawakana (Co-CEO of Waymo), Christoph Schell (CCO of Intel), Sundeep Jain (CPO of Uber), and Daniel Sturman (CTO of Roblox), and more are already confirmed to attend the Grand Finale on December 1st, 2023 in San Francisco. (https://www.startupworldcup.io/grand-finale)

Event Details:

Startup World Cup 2023 Grand Finale
December 1, 2023
San Francisco Hilton Union Square

Tickets: https://www.eventbrite.com/e/startup-world-cup-grand-finale-2023-tickets-616759453127 

Check out the Grand Finale video highlights here: https://www.youtube.com/watch?v=K11K3EMPOW8 

About Startup World Cup

Startup World Cup is a global conference and competition with the goal of bridging startup ecosystems worldwide. The competition gives startup companies from all over the world a chance to win a US $1,000,000 prize in the form of an investment. This year, there will be 50+ regional events across North America, South America, Europe, Africa, and Asia, leading up to the Grand Finale in San Francisco in September. Startup World Cup is organized by Pegasus Tech Ventures, a Silicon Valley-based global venture capital firm.

About Startup World Cup 2023 Grand Finale:

The Startup World Cup Grand Finale will take place in San Francisco, December 1, 2023. Past Startup World Cup Grand Finale events featured prominent figures from the high-tech community, including John Chambers (Former CEO of Cisco), Steve Wozniak (Co-Founder of Apple), Reid Hoffman (Founding CEO of LinkedIn), Vinod Khosla (Co-Founder of Sun Microsystems), Adam Cheyer (Co-Founder of Siri), Marc Randolph (Co-Founder of Netflix), and Jay Vijayan (Former CIO of Tesla). The Grand Finale judging panels have included prominent investors from Kleiner Perkins, Y Combinator, Techstars, Intel Capital, 500 Startups, GE Ventures, DFJ, Social Capital, and Index Ventures.

SOURCE Pegasus Tech Ventures


Crypto is Crashing But Wall Street Memes Coin Raises $25m – Announces Staking and CEX Listings Date

NEW YORK, Aug. 18, 2023 — Crypto is crashing but the Wall Street Memes coin has raised $25 million in its presale and today officially announces its new staking service and top-tier exchange listings coming on September 27th.

Meme stocks-inspired community-powered coin Wall Street Memes is now only around $900k away from entering the last stage of its 30-stage tiered presale. The token’s price rises from $0.033 to $0.0337 in the final 30th stage, as the presale accelerates toward sellout when it reaches its end goal of $30 million.

There really is no time to lose to get in on the ground floor of what is shaping up to be the biggest presale of the year – Wall Street Memes has raised more than $350,000 in the past 12 hours as the raise run rate quickens, with only 40 days to go until CEX listings.

The Wall Street Memes staking service is growing fast. At lightning speed, 7% of the presale allocation of 1,000,000,000 tokens (50% of the total token supply) has been deposited.

Buy $WSM now, and you can start earning up to 283% APY on your staked coins

Stakers can currently earn an annual percentage yield of 283%, according to the staking dashboard.

At the time of writing, the staking pool totals 70,534,061 tokens so far, and that figure could quickly rise to a majority of the presale supply as holders take the opportunity to lock in yield.

Although the APY will drift lower as more tokens are deposited into the smart contract, it will likely still be in triple or high double figures by the time of launch, adding further incentive for prospective buyers of $WSM.

Staking was only launched on Thursday, but eagle-eyed community members had spotted it was available two days earlier as part of a stealth rollout.

The significance of staking cannot be overstated. Because it provides a passive income stream, it will encourage long-term holding of the coin.

Staking will help to make Wall Street Memes crashproof

At the same time, as far as the capital tied up in the coins is concerned, it provides price stability by bearing down on any selling pressure when $WSM launches on major centralized exchanges (CEXs) in September.

This is not based on idle speculation but instead gleaned from the actual market experience of a new type of ‘version 2’ coin that puts staking front and center in a similar way to $WSM – btc20.com.

BTC20 is a ‘version 2’ coin that launched straight to DEX with a maximum 21 million token supply (just like bitcoin) and stake-to-earn model that pays out on a schedule that replicates BTC block production since 2011.

BTC20 is trading up 80% since its launch just over a week ago and has been subject to no downward lurch in the present crypto crash.

Hot on the heels of the staking rollout, Wall Street Memes’ reveal today that CEX listings are already confirmed at major trading venues is welcome news for $WSM token holders and is adding to FOMO.

Wall Street Memes boasts a 1 million-strong community of savvy retail investors

Boasting a social community of more than one million savvy retail investors, Wall Street Memes emerged as a champion of retail investors in the meme stocks movement in 2021.

Wall Street Memes coin is one of the largest fundraises in the crypto market this year and is the brainchild of the team behind the one million-strong social Wall Street Memes community. It is one of the internet’s most influential retail investing communities.

For instance, its Wall Street Bets Instagram account alone has 534k followers and another 260,000 on X (formerly Twitter).

It also has over 100k followers across its two other Instagram channels, wallstgonewild and wallstbullsnft.

And not to be left out, in May this year, the team launched the Wall Street Bulls Ordinals NFT Collection.

The founders of WSM know a thing or two about NFTs. They famously made $2.5 million when, in 2021, they minted the highly successful Wall Street Bulls 10,000-piece NFT collection, which sold out in 32 minutes.

With that sort of proven crypto execution power, the WSM crew is going to take the crypto meme coin sector by storm when its lists and more products start to launch under the Wall Street Memes brand, driving up the utility value of the stake-to-earn community coin.

Alongside the existing brand power of Wall Street Memes among retail investors, the crypto project has another thing going for it that competing meme coins lack – verifiable legitimacy.

When the likes of multi-billionaire Elon Musk interact with your Twitter feed (now rebranded as X), you know you have arrived. That’s exactly the enviable situation that $WSM is in, as can be seen by just a couple of Musk’s posts on the @wallstmemes Twitter feed:

https://twitter.com/elonmusk/status/1636924379086077954

https://twitter.com/elonmusk/status/1649784663924244482

When it comes to meme coin influencers, they don’t come any bigger than Elon Musk, which is yet another reason why the Wall Street Memes token presale is already such a staggering success.

Mystery product in the works at Wall Street Memes, according to sources

As it closes on its $30 million hard cap target, Wall Street Memes has earmarked 30% of its tokens for community rewards.

But its plans don’t stop at staking. According to those with knowledge of the matter, the team is planning a major product release before or soon after the coin lists.

The aim of the Wall Street Memes coin is nothing short of monetizing the investor-focused social movement that, at its height, saw bands of retail stock buyers coordinating their efforts on the Reddit sub WallStreetBets, taking on Wall Street and winning.

Now Wall Street Memes is bringing the same swashbuckling spirit to crypto. Although the raison d’etre of crypto was about supporting the little guy against institutional power, in some respects, it has strayed from that goal.

Wall Street Memes wants to get back to basics and provide a way for those who supported the ideals behind the speculative frenzy that undoubtedly underpinned the meme stocks frenzy to be winners in crypto.

https://twitter.com/wallstmemes/status/1691525176012525568

Wall Street Memes – fair presale that’s ideal for sophisticated risk management

Wall Street Memes is not just the biggest presale of the year, it is also one of the fairest. 

Fifty percent of the token supply of 2 billion is available in the presale: 30% as community rewards, 10% for CEX liquidity, and 10% for DEX liquidity.

And with the addition of the staking utility to $WSM, token holders are being rewarded for their early commitment to the project.

If it hasn’t already, Wall Street Memes will become even more of a magnet for the funds of switched-on sophisticated crypto investors looking to diversify their portfolio and control capital risk – a passive income vehicle like Wall Street Memes is ideal for meeting those investment goals.

Wall Street Memes is the best crypto to buy today, says a growing roster of crypto analysts

The brand allure of Wall Street Memes and the ongoing success of its presale means that it is already a top coin before it even hits the spot market.

Crypto experts are lining up with a bullish forecast for Wall Street Memes coin.

YouTube cryptocurrency analyst Crypto Faro with 58k subscribers, dubs $WSM a Shiba Inu coin killer, although some might say that the SHIB team’s disastrous rollout of its Shibarium Layer 2 mainnet is achieving that death wish all by itself.

Next up is YouTuber Joe Parys, with 380k subscribers. He tells his viewers that Wall Street Memes coin could be a 100x crypto.

Another analyst, Michael Wrubel, this time with 310k subscribers on YouTube, is putting his money where his mouth is and has invested in $WSM.

And avid crypto presale watcher and expert analyst Jacob Crypto Bury reckons Wall Street Memes could be the best crypto to buy today, with only six weeks to go before it lists on top exchanges.

For other crypto financial influencers, $WSM could be the next Pepe coin because of its ability to monetize the meme stock movement.

And it’s not just in the video world that Wall Street Memes has been making waves. Check out the coverage on Coingape, Cryptopotato, Analytics Insight, U.Today, Outlook India, Finbold, and The Coin Republic.

Given the marketing strength being demonstrated by Wall Street Memes at this relatively early stage in its roadmap and the start of utility-enhancing product rollouts, expect the remaining tokens to be snapped up in short order.

Where to Get Your Wall Street Memes Token – And Enter the $50k Airdrop

$WSM can be bought on the Ethereum blockchain and BNB Smart Chain using ETH, BNB, or USDT (ERC-20 or BEP-20). If you wish to stake now, then you must buy with ETH.

You can also buy with a credit or debit card. Whichever route you choose to buy, be sure to do your own research and make sure to only invest what you can afford to lose.

All that prospective buyers need to do is connect their funded crypto wallet on the wallstmemes.com website to make their purchases.

After investing, you can join the Wall Street Memes competition, where five lucky degens can benefit from a $50,000 $WSM airdrop.

If you are a $WSM token holder, then you can click on the button at the Wall Street Memes Linktree page to complete the steps to qualify for the airdrop.

Wall Street Memes, the king of stonks, is quickly becoming the king of a new category of meme coin with solid utility value. It is not too late to get on board the most-talked-about presale opportunity in crypto.

Buy Wall Street Memes Here

Photo: https://mma.prnewswire.com/media/2189165/wall_street_memes.jpg

SOURCE Wall Street Memes


Preventative Health and Longevity Company, Viome Life Sciences, Closes $86.5M Oversubscribed Series C Funding Round

The additional financing supports the further development of its suite of advanced personalized health tests and expansion into key nationwide retailers such as CVS

BELLEVUE, Wash., Aug. 18, 2023Viome Life Sciences, a longevity company committed to translating scientific advancements into practical and individualized health solutions, today announced the successful closure of its $86.5 million oversubscribed Series C funding round. Major investors include Khosla Ventures, Bold Capital, WRG Ventures, and other existing ones as well as new ones. The raise brings Viome’s total to $175M and will be used to support research and development and retail expansion efforts.

Today also marks the launch of Viome’s groundbreaking Gut Intelligence Test into 200 CVS locations nationwide. It will be the first-ever gut test available in the national retail chain both online and in-store, underscoring the test’s strong consumer demand and the need for health optimization tools. This news comes off the heels of Viome’s Oral Health Solutions announcement last month which applied its holistic approach and proprietary RNA sequencing technology to usher in a new era of oral health with an emphasis on prevention and long-term care.

“In a world where healthcare has often been reactive, treating symptoms and targeting diseases only after they manifest, Viome is pioneering a transformative shift by harnessing the innate power of food and nutrition. Our mission is not just to prolong life but to enrich it, enabling everyone to thrive in health and vitality,” said Viome Founder & CEO Naveen Jain. “At Viome, we’re empowering our customers with an individualized nutrition strategy, cutting through the noise of temporary trends and one-size-fits-all advice. We’re on a journey to redefine aging itself, and we’re invigorated by the support of our investors and customers. Together, we’re building pathways to wellness that hold the potential to enhance the lives of billions of fellow humans across the globe.”

Viome’s unique perspective on health goes against a one-size-fits-all diet and uses science to compute the optimal outcome for each consumer based on their unique human and microbial gene expressions. Today’s nutritional practices do not account for our biochemical individuality and are contributing to the onset and progression of many chronic diseases. Viome’s data-driven approach is highly individualized and doesn’t rely on generic nutritional guidelines that treat all humans as similar. Utilizing AI and advanced algorithms to analyze the world’s largest gene expression data from over 600,000 samples, Viome has developed at-home tests and custom-made health products to provide each individual with precise nutrition their body needs. This includes a supplement formula made unique to every single individual as well as a personalized  biotic blend for gut health and personalized  oral biotic lozenges, for oral microbiome health.

“We made the strategic decision to invest in Viome, recognizing the groundbreaking fusion of its one-of-a-kind RNA technology with state-of-the-art AI. Coupled with an unparalleled repository of biological data, this synergy doesn’t just hint at a revolution; it marks the dawn of a new era in healthcare. The promise here is staggering: the very prevention of an epidemic wave of chronic diseases, spanning mental, metabolic, cognitive, and digestive health,” said Robbie Schwietzer, Partner at Khosla Ventures. “Our partnership with Viome isn’t just an investment; it’s a commitment to medical innovation. We’re not merely excited; we’re inspired and resolved to continue supporting Viome as they sculpt the future with revolutionary products that will redefine the paradigms of health, from early-stage cancer diagnostics to personalized nutrition solutions that respond to the individual’s unique biological signature.”

Viome was founded in 2016 and is backed by a team of world-class industry experts, translational scientists, nutritionists, researchers, doctors, and advisors focused on a single mission: to improve health by delivering scientific breakthroughs that address the root causes of chronic diseases, cancer, and aging. Viome believes that by further understanding the way the microbiome interacts uniquely with every individual, it can empower individuals with insights and actionable recommendations that are needed to live a long and healthy life.

The Series C funding round represents a significant milestone for Viome, showcasing its position as a leader in science-backed, personalized health solutions. For more information about Viome and its solutions, please visit www.viome.com.

About Viome
Viome is a pioneering longevity and preventative healthcare company committed to bridging the gap between scientific breakthroughs and their practical implementation as health solutions. Utilizing cutting-edge AI and the world’s largest gene expression database, Viome’s home-based tests offer individuals personalized nutritional guidance and innovative microbiome health products to enhance both lifespan and healthspan.

Viome has empowered over half a million users with its unique approach that marries groundbreaking proprietary RNA sequencing methods with AI technology. This combination analyzes epigenetic biomarkers, providing robust, AI-driven health insights that contribute significantly to promoting a healthy lifespan.

Together with its top-tier precision nutrition recommendations, Viome offers a comprehensive and personalized solution to aging – at its optimum. This is more than just health optimization, it’s a revolution in understanding how we age and enabling us to do so with vitality and wellness.

SOURCE Viome