Fintech PR

Betswamp: The Future of Decentralized Betting

Published

2 years ago

November 10, 2021

Reading Time: 5 minutes

Cape Coral, Florida–(Newsfile Corp. – November 9, 2021) – The Betswamp team is developing an iGaming, peer-to-peer betting platform where Betswamp holders can earn validation points through staking on the platform, the benefits of becoming a validator include the opportunity to earn passively through setting events and markets for betting on the platform. A validator can set any market for betting as long as the result can be verified. This can include sports, political events, reality tv shows, gaming, and many other possibilities. The validator will earn more validation points to enhance the users’ reputation on the platform, they will also earn rewards from the pools of the markets they set. Betswamp can become a real catalyst in the leap for mass adoption through the gambling industry.

Figure 1: Betswamp: The future of decentralized betting

The gambling industry has seen an increase in volume in recent years, accumulating over $460 billion per annum, it is no wonder the Betswamp team is looking to capitalize on the true potential of their fully decentralized platform. When people who enjoy gambling know about the benefits of the Betswamp platform they will come swarming into crypto. The benefits of Betswamp are clear to see, the peer-to-peer betting system eradicates any ‘house manipulation’, allows for holders to earn even if they do not want to bet by setting markets. The advantages Betswamp has through their decentralization is beyond what we are used to seeing from the regular gambling companies. Betswamp can offer lesser vig percentages, fair stakes, instant withdrawals, no KYC, no limits on betting, and potential utility for the NFT’s which will be integrated on the platform soon. The sky is the limit for Betswamp and what better industry to dive into than gambling and gaming.

An innovative, fully decentralized peer to peer betting platform:

The Betswamp platform is unlike any betting system the world has ever seen, the fully decentralized platform where you can stake bets with set markets hand-selected by the validators for people to bet on, once the market is set and can be verified the winners will be paid out. The instant withdrawals are very appealing while also the 2% vig when compared to the 10% vig, which is the standard for betting platforms, betting enthusiasts will immediately see the advantages of the Betswamp platform. Not only will it benefit the betters but the main goal of the Betswamp team is to benefit all holders and appeal to even the masses who don’t want to gamble, but would rather earn passively through setting events for the community to bet on.

The no KYC is also very appealing to most users who may be restricted in their region, Betswamp aspires to provide the freedom of betting through their platform, no limits, max withdrawals, a gambler’s paradise. The Betswamp team has considered all variables with regards to the validator process which will ultimately determine the direction of the platform. The holders may only become validators through long-term staking of the $Bets token on the platform. If a validator sets a market for an event that is fixed or misled then the validator will be penalized validation points and will be deducted their rewards, although you can not stop it this will deter it from the source immediately. The Betswamp team values fairness for everybody, which is a significant flaw in the centralized gambling industry. When you look at the leading betting tokens on the crypto market, they are dwarf in comparison to the overall potential of the industry, they have barely scratched the surface by following the centralized approach whereas the Betswamp team intends to break the wheel. For now, the stakes for betting will be in BUSD as it is a stable currency, people can be assured the volatility of crypto does not affect their bet. The $Bets token will be integrated for betting at a later date. For now, it is all about the successful growth of the token and platform.

Very soon the Betswamp project will have its first utility in the form of an MVP of the platform which is a stripped-down version of the fully functional platform which will be developed within the next month. The MVP should be live within the next 48 to 72 hours so the community and investors as expected are very excited, the team is enthusiastic and the journey is just beginning.

A successful presale and launch.

The $Bets token launched on Pancake swap on the 8th of November and recorded an ATH of $5.8 mil, with a holder count of over 600 investors and the marketing push is yet to begin, the only way is up for Betswamp. They hired a marketing team, Crypto Kid Finance, one of the top marketing agencies specializing in pioneering-traditional marketing, the team fully intends to utilize all resources to send Betswamp to a much higher market cap, this team is well versed and has the experience to maintain the exponential growth of Betswamp. They have outlined plans for the traditional marketing strategies that investors have become accustomed to in the BSC space.

The marketing plan is in place and the wheels are in motion as of launch. Aside from these very effective marketing methods the team has outlined the bigger picture to target and conquer the gambling industry. The team plans to list Betswamp as the most prolific advertising outlet for betting in the world, the team have already networked to some agencies about partnering with Betswamp as a third party betting outlet, the Betswamp platform is offering better rates than any other betting platform on the market and eventually, the industry will start to take notice.

The Betswamp team is very confident they can help to fix the flaws with this industry in a very unique way, through the perfect combination of decentralization and innovation in crypto. The other betting tokens on the market have not maximized the potential of the industry because they offer competition, where Betswamp will blow the industry-wide open with their system. The TG is active, the market cap is steady, minimal marketing carried out and a utility imminent the Betswamp team are looking to be the standard for betting tokens in crypto and further down the line become a household name in the gambling industry.

The true potential of Betswamp:

Betswamp could become the standard for betting tokens in crypto, when you compare the project concept and team to others in the space, investors will realize the true potential of Betswamp, with multiple distinctive advantages over the leading gambling platforms on the market, the Betswamp team fully intend to capitalize on the projects innovative system to provide the most user-friendly experience imaginable for the Betswamp platform. This team has been working tirelessly to deliver the utility of the project, the utility itself is the reason why Betswamp can sustain exponential growth over a long period and as previously mentioned other betting tokens, no matter the blockchain have barely scratched the surface of the clear potential of this industry.

Gaming tokens have become the most sought after projects in crypto because of the volume in the industry, not only does the gaming aspects of Betswamp appeal to that market but with regards to the benefit of the betting platform and its appeal to the betters, this particular project will likely gain more traction than any other gambling-related token in crypto. The fully decentralized nature of the platform will catch the attention of the bigger investors who will see the true potential. Betswamp is looking to break the mold in terms of gambling, for everybody. Betswamp team has the intentions, aspirations, and drive to become the premium brand for betting in crypto.

It’s time for mass adoption in crypto and Betswamp can help welcome the next wave of investors into the space. The investors are very excited to see the MVP of the platform and it should be close to completion, trusted validators are on board and the correct markets will be set from the offset. Betswamp can fix the flaws of the gambling industry and equal the playing field for the people who place the bets. The community is the house, they set the markets, they place the best and more importantly they win big and you can bet on that!

Web: https://www.betswamp.com
Telegram: https://t.me/betswamp_official
Twitter: https://twitter.com/betswamp

Media Contact:
Dave Ruiz
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/102770

Fintech PR

Invitation to presentation of EQT AB’s Q1 Announcement 2024

Published

2 weeks ago

April 5, 2024

CISION (PR Newswire)

STOCKHOLM, April 5, 2024 /PRNewswire/ — EQT AB’s Q1 Announcement 2024 will be published on Thursday 18 April 2024 at approximately 07:30 CEST. EQT will host a conference call at 08:30 CEST to present the report, followed by a Q&A session.

The presentation and a video link for the webcast will be available here from the time of the publication of the Q1 Announcement.

To participate by phone and ask questions during the Q&A, please register here in advance. Upon registration, you will receive your personal dial-in details.

The webcast can be followed live here and a recording will be available afterwards.

Information on EQT AB’s financial reporting

The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.

The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.

Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Shareholder Relations, [email protected]

Rickard Buch, Head of Corporate Communications, +46 72 989 09 11
EQT Press Office, [email protected], +46 8 506 55 334

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/eqt/r/invitation-to-presentation-of-eqt-ab-s-q1-announcement-2024,c3956826

The following files are available for download:

https://mb.cision.com/Main/87/3956826/2712771.pdf	Invitation to presentation of EQT AB’s Q1 Announcement 2024
https://news.cision.com/eqt/i/eqt-ab-group,c3285895	EQT AB Group

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Fintech PR

Kia presents roadmap to lead global electrification era through EVs, HEVs and PBVs

Published

2 weeks ago

April 5, 2024

CISION (PR Newswire)

kia-presents-roadmap-to-lead-global-electrification-era-through-evs,-hevs-and-pbvs

Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’
Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market
Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand
- Goal to sell 1.6 million EVs annually in 2030, introducing 15 models
- PBV to play a key role in Kia’s growth, targeting 250,000 PBV sales annually by 2030 with PV5 and PV7 models
Kia to invest KRW 38 trillion by 2028, including KRW 15 trillion for future business
2024 business guidance : KRW 101 tln in revenue with KRW 12 tln in operating profit; operating profit margin of 11.9% on sales of 3.2 million units globally
CEO reaffirms Kia’s commitment to ESG management

SEOUL, South Korea, April 5, 2024 /PRNewswire/ — Kia Corporation (Kia) today shared an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea.

Based on its innovative achievements in the years since the announcement of mid-to-long-term business initiatives, Kia is focusing on updating its 2030 strategy announced last year and further strengthening its business strategy in response to uncertainties across the global mobility industry landscape.

During the event, Kia updated its mid-to-long-term business strategy with a focus on electrification, and its PBV business. Kia reiterated its 2030 annual sales target of 4.3 million units, including 1.6 million units of electric vehicles (EVs). The 2030 4.3 million annual sales target is 34.4 percent higher than the brand’s 2024 annual goal of 3.2 million units.

The company also plans to become a leading EV brand by selling a higher percentage of electrified models among its total sales, including hybrid electric vehicles (HEV), plug-in hybrid (PHEV), and battery EVs, projecting electrified model sales of 2.48 million units annually or 58 percent of Kia’s total sales in 2030.

“Following our successful brand relaunch in 2021, Kia is enhancing its global business strategy to further the establishment of an innovative EV line-up and accelerate the company’s transition to a sustainable mobility solutions provider,” said Ho Sung Song, President and CEO of Kia. “By responding effectively to changes in the mobility market and efficiently implementing mid-to-long-term strategies, Kia is strengthening its brand commitment to the wellbeing of customers, communities, the global society, and the environment.”

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Fintech PR

BioVaxys Technology Corp. Provides Bi-Weekly MCTO Status Update

Published

2 weeks ago

April 5, 2024

CISION (PR Newswire)

VANCOUVER, BC, April 4, 2024 /PRNewswire/ — BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) (the “Company“) is providing this bi-weekly update on the status of the management cease trade order granted on February 29, 2024 (the “MCTO“), by its principal regulator, the Ontario Securities Commission (the “OSC“), under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“), following the Company’s announcement on February 21, 2024 (the “Default Announcement“), that it was unable to file its audited annual financial statements for the year ended October 31, 2023, its management’s discussion and analysis of financial statements for the year ended October 31, 2023, its annual information form for the year ended October 31, 2023, and related filings (collectively, the “Required Annual Filings“). Under National Instrument 51-102, the Required Annual Filings were required to be made no later than February 28, 2024.

As a result of the delay in filing the Required Annual Filings, the Company was unable to file its interim financial statements for the three months ended January 31, 2024, its management’s discussion and analysis of financial statements for the three months ended January 31, 2024, and related filings (collectively, the “Required Interim Filings“). Under National Instrument 51-102, the Required Interim Filings were required to be made no later than April 1, 2024.

The Company anticipates filing the Required Annual Filings by April 30, 2024. The auditor of the Company requires additional time to complete its audit of the Company, including the Company’s recent acquisition of all intellectual property, immunotherapeutics platform technologies, and clinical stage assets of the former IMV Inc. that closed on February 16, 2024. In addition, the Company anticipates filing the Required Interim Filings immediately after the filing of the Required Annual Filings.

Except as herein disclosed, there are no material changes to the information contained in the Default Announcement. In addition, (i) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Required Annual Filings and/or Required Interim Filings is continuing, each of which will be issued in the form of a press release; (ii) the Company does not have any information at this time regarding any anticipated specified default subsequent to the default in filing the Required Annual Filings and Required Interim Filings; (iii) the Company is not subject to any insolvency proceedings; and (iv) there is no material information concerning the affairs of the Company that has not been generally disclosed.

About BioVaxys Technology Corp.

BioVaxys Technology Corp. (www.biovaxys.com), a biopharmaceuticals company registered in British Columbia, Canada, is a clinical-stage biopharmaceutical company dedicated to improving patient lives with novel immunotherapies based on the DPX™ immune-educating technology platform and it’s HapTenix© ‘neoantigen’ tumor cell construct platform, for treating cancers, infectious disease, antigen desensitization, and other immunological fields. The Company’s clinical stage pipeline includes maveropepimut-S which is in Phase II clinical development for advanced Relapsed-Refractory Diffuse Large B Cell Lymphoma (DLBCL) and platinum resistant ovarian cancer, and BVX-0918, a personalized immunotherapeutic vaccine using it proprietary HapTenix© ‘neoantigen’ tumor cell construct platform which is soon to enter Phase I in Spain for treating refractive late-stage ovarian cancer. The Company is also capitalizing on its tumor immunology know-how and creation of a unique library of T-lymphocytes & other datasets post-vaccination with its personalized immunotherapeutic vaccines to utilize predictive algorithms and other technologies to identify new targetable tumor antigens. BioVaxys common shares are listed on the CSE under the stock symbol “BIOV” and trade on the Frankfurt Bourse (FRA: 5LB) and in the US (OTCQB: BVAXF). For more information, visit www.biovaxys.com and connect with us on X and LinkedIn.

ON BEHALF OF THE BOARD

Signed “James Passin“
James Passin, Chief Executive Officer
Phone: +1 646 452 7054

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