Fintech PR
How League of Ancients Is Set to Become the Next Huge Cryptocurrency Game
Kuala Lumpur, Malaysia–(Newsfile Corp. – November 12, 2021) – League of Ancients is set to become the next huge cryptocurrency game and the gaming industry is big business. Seen during the late 1970’s as a passing trend at best and a joke at worst, fifty years later with a global annual penetration of $152 billion and growing, no one is laughing. Recent innovations in the sector such as Virtual and Augmented Reality, as well as the evolution of mobile phones – and by extension, mobile gaming – has pushed the envelope farther than anyone thought possible. The meteoric rise in mobile gaming specifically has led to the deployment of undeniably the most successful business model ever utilized by mobile games companies – Free-To-Play (FTP). These style of games are still in relative infancy (appearing only 10 years ago) but have already become market leaders, steering the industry ever since their inception.
League Of Ancients
FTP models earn income by allowing players to use real-world money to instantly unlock extra features, known as microtransactions. Through this process, customers can purchase new player designs, infinite retries or special items, pay to skip a level or even remove bothersome adverts. Because players are already enjoying the game for free, spending money on perks is an acceptable cost in the value for money equation, and therefore the model is extremely efficient, generating vast income for the companies who created them. However, now with the rise of cryptocurrency, an extra model is being added to the roster with immense early success.
Play-To-Earn.
PTE is exactly as it sounds. These cryptocurrency (or GameFi as they are otherwise known) titles allow individuals to earn cryptocurrencies simply by playing the game. The earned digital tokens can then be used to buy new items or skins, or traded for real world money. One new game hopes to combine both the best of FTP and PTE, while ringing the nostalgia bell of mobile gamers. Its name?
League of Ancients.
LOA is a Multiplayer Online Battle Arena (MOBA) game, where two teams of players compete against each other on an enclosed battlefield. Players control one character, which usually has a defining set of skills that contribute to and compliment the overall team. The goal is for one team to destroy the stronghold of the opposite side. MOBA games are fun and addictive, and have achieved enormous success in the industry. Indeed, League of Legends and Defense of the Ancients 2 (Dota2) – the biggest titles in the genre – have a combined total of 120 million active users.
The game is free to play, and players will earn small amounts of $LOA (the game’s native cryptocurrency) simply by playing and winning matches. As a further incentive, as players progress through the ranks and experience, the percentage of tokens they earn will increase, as a reward for continued interaction. This not only gives players a very real reason to return beyond the gameplay itself, but also encourages them to form strong teams, which could naturally lead to eSport style tournaments in the future of the project. Furthermore, in order to keep the game balanced, there is no ‘play to win mechanic’ – all NFTs such as skins are purely cosmetic. However, purchasing NFT skins will allow players to activate a secondary mode of the game where they can earn more tokens. There is also one more very exciting component to the League of Ancients NFT skins that will make them truly revolutionary in the DeFi space.
Fusion.
Fusion is the process of combining NFT skins together to create new ones that have a far higher rarity level and thus LOA earning power. Therefore, if a player is able to use the fusion system effectively and create an extremely rare skin, they will theoretically be able to then just play the game with it to earn a serious passive income through the associated cryptocurrency, or sell it on at a very high value. For the project itself, this will mean a keen involvement in the NFT aspect, which in turn will allow it to generate high levels of profit and grow faster. A win-win for everyone.
Understandably, the project is creating a massive level of buzz in the cryptocurrency space, even though the game itself doesn’t even launch until Q4 2022. (The $LOA token is set to launch in early December with an NFT marketplace following shortly after). Indeed, the Discord and Telegram groups alone have over 26,000 and 78,000 members respectively at the time of writing. This level of engagement at such an early stage shows that the team might truly have something special on their hands. If it continues on the same track, League of Ancients could easily become the biggest game that the defi world has ever seen, generating billions of dollars in income, and providing countless players with a fun game that can earn them genuine and serious money.
And they said games were for slackers.
To find out more about League of Ancients, check out their website at www.leagueofancients.com, discord at: https://discord.gg/gpGSqbsv or Telegram at: https://t.me/leagueofancients.
Media Contact
Dwayne Ong
Email – [email protected]
PR – Cryptoshib.com
Email – [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/103235
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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
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- 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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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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