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Nereus NRS Token Listed on BitMart Following Rapid Price Surge

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HONG KONG, Dec. 5, 2024 /PRNewswire/ — Building on its strong debut, Nereus is proud to announce the listing of its governance and utility token, NRS, on BitMart. This marks the second exchange listing for NRS in just two weeks, reinforcing the platform’s rapid growth and its mission to expand access to its innovative decentralized derivatives trading ecosystem.

Since its launch on MEXC earlier this month at an initial listing price of $0.05, the NRS token has shown exceptional performance, surging by 1,300% in value to nearly $0.70 at its peak before stabilizing at $0.18. This growth highlights strong market confidence and underscores the increasing recognition of the Nereus ecosystem’s value.

A Platform on the Rise

Nereus has quickly established itself as a leading derivatives trading platform on Polygon. The platform has facilitated over 150,000 transactions and more than $213 million in trading volume, a testament to its robust adoption and user-friendly design.

The CEO of Nereus expressed excitement about this development, stating, “The listing on BitMart is another pivotal step toward our vision of democratizing decentralized derivatives trading. The growing momentum of the NRS token demonstrates our community’s enthusiasm and the market’s belief in our ecosystem. With more exchange listings on the way, we are committed to making NRS accessible to a global audience.”

NRS Token’s Role in the Ecosystem

The NRS token is integral to the Nereus platform, providing users with unique benefits:

  • Staking Rewards: NRS stakers receive dual rewards in USDT and escrowed NRS tokens (esNRS) through a vote-escrow model, encouraging long-term engagement.
  • DAO Governance: A quadratic voting model ensures fair participation in decision-making and empowers the community to shape the platform’s future via a DAO treasury, holding 45.14% of tokens.
  • Revenue Sharing: 80% of daily trading fees are shared with NRS stakers, directly aligning user rewards with platform success.

These features are designed to foster long-term user engagement and create a sustainable ecosystem.

Looking Ahead

The listing on BitMart is part of Nereus’ strategic roadmap to broaden access to its ecosystem. With more exchange listings planned, the platform is poised to expand its global reach and liquidity further.

About Nereus

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Nereus is a decentralized derivatives trading platform on the Polygon blockchain, offering up to 150x leverage across cryptocurrencies, forex, and commodities. Designed to blend the user-friendly experience of centralized exchanges with the transparency of DeFi, Nereus features gasless transactions, social logins, and instant execution with low trading fees.

The platform prioritizes security and scalability, with plans to migrate to a zero-knowledge (ZK) Layer 2 solution for reduced transaction costs and faster processing. Its unique SDK enables seamless integration with partner platforms, including an exclusive partnership with COCA Wallet, allowing users to access trading services directly within the COCA Wallet app for a seamless, native experience.

With a strong focus on user experience and scalability, Nereus is transforming decentralized derivatives trading.

For more information, please visit www.nereus.finance.

Follow Nereus on social media to stay updated on the latest developments and upcoming exchange listings.

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Fintech PR

HashKey Chain Launches $50 Million Atlas Grant Program to Empower Global Web3 Developers

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HONG KONG, Dec. 12, 2024 /PRNewswire/ — On December 10, HashKey Chain announced the $50 million Atlas Grant Program to support global Web3 projects. This initiative aims to drive innovation in the OP Stack ecosystem, accelerate HashKey Chain’s application layer growth, and boost on-chain adoption.

HashKey Chain leverages OP Stack technology to enhance transaction speed and reduce fees. This open-source framework powers Optimism’s L2 Rollup and allows developers to build customizable Layer 2 blockchains with Ethereum’s security.

The grant pool includes $50 million in HSK tokens, with $10 million allocated initially. Funding is tied to milestone achievements by developers and teams building on HashKey Chain.

Key Areas of Focus:

  • RWA (Real-World Assets): Tokenization of financial assets for liquidity and transparency.
  • PayFi, stablecoins, and BTCFi: Driving blockchain adoption in finance.

Hong Kong’s role as a financial hub makes it ideal for RWA tokenization, aligning with HashKey Chain’s compliance-focused strategy to bring traditional financial products on-chain.

CEO Statement:
“We are excited to announce the $50 million Atlas Grant Program to the global market,” said Kay, CEO of HashKey Chain. “We hope individuals, teams, and organizations joining the HashKey Chain ecosystem share a strong confidence in the future of the crypto industry. Together with HashKey Chain, we aim to build a thriving and open Web3 ecosystem, creating groundbreaking applications with real traction across major blockchains while achieving meaningful returns in the process.”

The first phase allocates $10 million in HSK tokens, with applications open from December 10, 2024, to January 10, 2025. Grant recipients will be announced on January 20, 2025.

X:@HashKeyHSK

Application: https://github.com/orgs/HashkeyHSK/discussions/new?category=session-1

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Allego and RAIN Group Unveil Groundbreaking Research on Continuous Learning and Sales Performance

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New study reveals only 33% of companies have effective sales training, explores gaps and opportunities for organizations to elevate sales performance

WALTHAM, Mass., Dec. 12, 2024 /PRNewswire/ — Allego™, the leading provider of revenue enablement solutions, in partnership with RAIN Group, a global sales training company, today announced the findings of their latest study, The Impact of Continuous Learning on Sales Performance. This landmark research underscores the transformative power of continuous learning for sales teams, revealing that organizations embracing this approach are more likely to see higher performance, reduced turnover, and stronger engagement.

The study, based on responses from over 240 sales and sales enablement professionals across industries, including financial services, medical devices and pharmaceuticals, highlights critical continuous learning practices that set high-performing sales teams apart. The findings show that top-performing teams:

  • Are 5.5 times more likely to use skill assessments to identify gaps.
  • Are 2.9 times more likely to prioritize mentorship and coaching.
  • Integrate learning directly into the flow of work, improving productivity and reducing time-to-ramp.

“This research confirms what we’ve long believed. Continuous learning isn’t just a competitive advantage; it’s essential for driving sales success in today’s dynamic environment,” said Deniz Olcay, VP of Marketing at Allego. “By embedding learning into daily workflows and leveraging technology, organizations can transform their teams into agile, high-performing units.”

The report highlights the role of technology in driving continuous learning, with top companies using modern sales enablement platforms to deliver personalized, just-in-time training. These platforms not only enhance sales skill development but also foster sales team alignment and improve knowledge retention.

Key Findings Include:

  • Enhanced Retention and Productivity: Organizations with highly effective training programs are 4.9 times more likely to see faster time-to-productivity and significantly lower turnover.
  • Mentorship as a Game-Changer: Sales teams prioritizing mentorship and coaching are nearly 3 times as likely to have effective training programs.
  • Actionable Learning Insights: Companies leveraging data to tailor and measure their training programs achieve measurable improvements in performance and engagement.

“With only a third of companies achieving tangible results from sales training, there’s a significant opportunity to adopt a more effective approach,” said Erica Schultz, CMO of RAIN Group. “Our research identifies high-impact strategies that drive real change, deepen skill acquisition, and foster continuous improvement across sales teams. By seamlessly integrating onboarding with ongoing learning, organizations can lower turnover, shorten ramp-up times, and build well-prepared teams equipped for sustained success.”

The full research report offers a detailed roadmap for organizations to implement continuous learning strategies and elevate their sales performance. To access the report and learn how continuous learning can transform your sales organization, visit Allego.com.

About Allego
Allego is the leader in modern revenue enablement technology. With Allego, you’ll ready more confident teams, curate impactful content, and engage buyers effectively—all within a unified platform. What sets Allego apart is the company’s expertise in driving adoption across revenue teams to foster alignment and knowledge sharing in the flow of work. This results in up to 50% reduction in software spend, 50% shorter sales cycles, and 45% higher win rates, propelling revenue growth. Learn more about how Allego can transform your sales enablement into a growth-driving powerhouse at www.allego.com.

About RAIN Group
RAIN Group is an award-winning leader in sales transformation, with over 20 years of researching and enabling top sales performance. RAIN Group’s modular, multi-modal approach to sales training provides flexible and customizable solutions for complex global teams. Trusted by leading companies, RAIN Group partners with clients to ensure learning is adopted, creates lasting behavior change, and drives measurable results. Learn more at www.raingroup.com.

Allego Contacts:
Michelle Davidson
[email protected]

“Allego” is a registered trademark of Allego, Inc.

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Luohu of Shenzhen: A Magnet for Global Investments

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SHENZHEN, China, Dec. 12, 2024 /PRNewswire/ — Saint-Gobain Group, a global leader in lightweight and sustainable construction solutions, reinvested in the Luohu district of Shenzhen this year.

The French industrial giant, listed among the Global Fortune 500 companies, views Luohu as a strategic stronghold for expanding its business into South China and Southeast Asia, said Wang Huan, Chief Business Development Officer of Saint-Gobain Group Asia-Pacific, during a speech in Shenzhen in November.

 “As the earliest developed district in Shenzhen, Luohu hosts a significant number of enterprises that align with Saint-Gobain’s building materials. It also serves as a crucial link to Hong Kong, playing a significant role in the future development and operation of the northern New Territories of Hong Kong,” Wang said.

An increasing number of companies, including Saint-Gobain Group, have been choosing Luohu as their investment destination, attracted by its geographic proximity to Hong Kong, strong industrial foundation, and improving business environment.

The district secured a total of 39 high-quality projects at the 2024 Shenzhen Global Investment Promotion Conference, held last week, with more than half of the signed projects coming from Fortune Global 500 companies, China 500 companies, listed firms, and “unicorn” investments. Over 60% of the projects are in cutting-edge sectors such as artificial intelligence, low-altitude aerospace, and life health.

In one of the projects, CCB Investment, one of the five financial asset investment companies in China, signed to found an energy fund in Luohu with China General Nuclear Power Group, specifically focusing on investment in upstream and downstream projects related to CGN’s nuclear industry and nuclear power business.

In another project, Chinese private aerospace company LandSpace will set up an aerospace operations center in Luohu, aiming to provide high-cost-performance and high-reliability space transportation services to the global market.

To better attract investments, the district government introduced the “Luohu Entrepreneur Rights Treasure Box” on the city’s special day for entrepreneurs on November 1st.

The services in the box include 137 offerings in 10 categories for enterprises and 26 in six categories for entrepreneurs. Each service is tailored to address the specific needs of businesses and entrepreneurs, reflecting a commitment to meeting their demands effectively.

“Our services for enterprises are heartfelt and services for enterprises are always on the way,” said Fan Defan, Party Chief of Luohu, at the “Entrepreneur Day” event.

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