Fintech PR
Breaking New Ground: iSHANG and Earth Exchange Unveil Revolutionary NFT Staking Program for Environmental Sustainability in Response to the COP28 Climate Conference.
HONG KONG, Jan. 22, 2024 /PRNewswire/ — In a momentous stride toward environmental progress, iSHANG, the Web3 arm of Coinstreet group, and Earth Exchange revealed their innovative NFT Staking Program in response to the 2023 COP28 climate conference recently held in UAE, marking a pivotal milestone in their committed journey towards sustainability.
Their joint initiative, introducing the NFT staking program for earning carbon rewards exchangeable for the LCD (“Lowest Carbon Denominator”) Token, highlights their steadfast commitment to leading sustainable solutions in the environmental sector.
Teaming up with iSHANG, a leader in “Web3-as-a-Service” (W3aaS) solutions, Earth Exchange, under the Promax United & Preferred Partner’s umbrella, spearheads the global digitalized transaction for pioneering environmental & Climate changes businesses. At its core, this joint endeavour revolves around introducing an innovative NFT staking program that not only upholds the integrity of carbon offsets but also scales voluntary carbon markets, contributing significantly to a more sustainable future.
LCD Token Impact
Aligned with UN Climate Standards, the LCD Token sets a baseline value for each digital carbon unit, derived from environmental sequestering. Fully traceable for authenticity, it prevents counterfeiting or manipulation, securing transaction integrity in the virtual asset ecosystem.
Through this strategic alliance between iSHANG and Earth Exchange, the unveiling of the LCD-NFT staking program marks a significant milestone. Featuring four levels—Advocate, Activist, Ambassador, and Warrior—participants actively contribute to environmental awareness and sustainability by minting collectible NFT assets. This partnership seamlessly integrates technology, environmental consciousness, and the virtual asset economy, providing users with a sustainable and immersive experience on the Earth Exchange platform.
“We are delighted to endorse the LCD-NFT staking program utilizing the eco-friendly iSHANG Web3-as-a-Service platform, operating on the Polygon blockchain,” stated Samson Lee, Co-Founder at iSHANG. “Utility NFTs present a range of practical applications beyond mere collectible artwork. In this instance, the LCD-NFTs function in real-time, enabling users to seamlessly integrate their enthusiasm for virtual assets with a dedicated commitment to environmental sustainability.”
“Earth Exchange is crafted with the aim of fostering mutual benefits on our planet in accordance with the United Nation Agenda 2030 for sustainable Development, capitalizing on the global digital transition through coordinated and unified initiatives in addressing climate change.” declared H.E. Louai Mohamed Ali, the President of Promax United and Preferred Partners. “The partnership underscores our joint dedication to merging virtual asset ownership with environmental responsibility,” emphasized H.E. Dr. Mohamed Hussein Al Ahdaly, CEO of Promax United, the parent company of Promax Digital Assets Group, the creative force behind the Earth Exchange platform.
“The LCD-NFT introduces a powerful avenue for users to express their commitment to sustainability and make a positive impact on our planet,” he added.
The collaborative LCD-NFT and Staking Program, between iSHANG and Earth Exchange, invites users to support environmental causes by minting and owning NFTs actively. This initiative not only contributes to sustainability efforts but also allows users to earn carbon rewards exchangeable for the LCD Token, digitizing measurable carbon units for traceability and authenticity within the digital currency. Aligned with UNFCCC standards, the LCD-NFTs play a pivotal role in global climate change initiatives. This joint venture will ensure secure and transparent transactions, embodying a commitment to empowering individuals in sustainable practices.
For more information about the LCD-NFT, LCD Token, and the LCD-NFT Staking Program, please visit https://ishang.com/earth-exchange/
About iSHANG Technology Limited (iSHANG)
iSHANG, the Web3 arm of Coinstreet, operates as a leading “Web3-as-a-Service” (W3aaS) platform, serving as the infrastructure and gateway for brands and enterprises to venture into the Web3 market. With a portfolio comprising over 10 turnkey decentralized services and applications developed on Ethereum and Polygon blockchains, incorporating the Inter Planetary Filing System (IPFS) decentralized storage system. Additionally, iSHANG offers comprehensive consulting services, empowering mainstream brands and enterprises to undergo business transformation, and facilitating revolutionary approaches to brand engagement, customer acquisition, and retention. Ultimately, iSHANG delivers an end-to-end solution for brands and enterprises to launch tailored and innovative Web3 Enterprise Vertical Applications efficiently and cost-effectively.
For more information about iSHANG, please visit www.ishang.com
About Earth Exchange
Earth Exchange, a vital project of the overarching Promax Digital Assets Group’s smart and green tech initiatives, places a distinct emphasis on eco-friendly digitised assets. The Earth Exchange was formed out of necessity due to a growing concern for the pace of progress in fighting the climate crisis.
As an innovative digital platform, it champions technologically-driven environmental initiatives and facilitates financial transactions for business projects, dedicated to reducing carbon footprints.
Stemming from concerns about the slow pace in addressing the climate crisis, Earth Exchange responds to the urgent call for standardised processes in addressing environmental challenges. Aligned with the worldwide imperative for a $125 trillion investment by 2050, Earth Exchange affirms its dedication to acknowledged standards and innovative solutions, embracing the principle that essential needs drive inventive responses to environmental challenges.
For more information about Earth Exchange, please visit www.earthexchange.ae
About Promax United
PROMAX United LLC, the parent company of Promax Investment & Digital Assets Group-DAG, based in Abu Dhabi, UAE, is a dynamic conglomerate with a global presence under the ownership of His Highness Sheikh Zayed bin Saeed bin Zayed Al Nahyan, the Chairman, and its visionary leader His Excellency Louai Mohamed Ali, the President of Promax United and Preferred Partners. Promax Group is a pioneer in business innovation, it delivers indispensable tools for success across diverse sectors such as banking & finance and capital management, Business Services, Renewable Energy, Infrastructure, Manufacturing, Healthcare, Logistics and Transportation, Sustainability and Environmental Services, Digital and Technology, Security, Real Estate, Media, and Humanitarian & Community Services sectors.
PROMAX United stands as a testament to dynamic business innovation, driving success across a myriad of industries globally. Its commitment to pioneering solutions reflects its dedication to shaping a prosperous, sustainable future & environmental awareness. Furthermore, Promax United & Preferred Partners are pioneered in boosting countries’ economies & sketching a successful story along with partners in creating funds.
For more information about PROMAX United, please visit https://promaxunited.com/
About ESG NEWS
ESG News is the leading provider of Environmental, Social and Governance (ESG) news and business information. Covering: ESG events, trends and thought leaders that are shaping today’s markets and tomorrow’s businesses. Our mission is to provide the financial industry and our audiences with timely, accurate ESG, sustainable finance and business information, that informs and drives action towards sustainable development and responsible business practices.
For more information about ESG NEWS, please visit https://esgnews.com/
About Coinstreet Holdings Limited (Coinstreet)
Founded in 2017, Coinstreet is an award-winning financial services and professional consulting firm focused on the Digital Asset sector. Coinstreet offers innovative fintech services, and business and operation solutions, covering four key business segments including Tokenization Business, Asset Management, Web3 Enterprise Solutions, and Ecosystem Development. Coinstreet is a co-organizer of TADS Awards (www.tadsawards.org) – the world’s first international award for the Tokenized Assets and Digitized Securities sector, and is a co-organizer of the Digital Asset Series (www.digitalassetseries.org) – a series of seminars that provides free education for the public about the ever-growing landscape of digital assets and facilitate mass adoption.
For more information about Coinstreet, please visit https://coinstreet.group
Media Contact:
+852-31881331
[email protected]
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DUBAI, UAE, Sept. 6, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, set out to make the community’s TOKEN2049 journey more rewarding. Gearing up for the most anticipated blockchain and Web3 event in the region, Bybit is thrilled to announce three bonus events to enable both attendees and remote fans to both be part of the experience.
The winning opportunities are open to both attendees of TOKEN2049 and followers from afar. Through trading and offline events, participants stand to get free tickets, a share of the $80,000 prize pool in airdrops and coupons, and Bybit merchandise.
Event 1: TOKEN2049 Treasure Express
From now to Sep. 26, 2024, Bybit users may register for the event and complete tasks by depositing and trading assets to earn lucky draw tickets. The wheel of fortune will turn to one of the three prizes:
1. A pair of tickets to TOKEN2049;
2. A share of the airdrop prize pool valued at $50,000 featuring the hottest tokens, including DOGS, PEPE, SOL, XRP, TON and USDT; or
3. Up to 50 USDT in spot coupons.
Even more rewards await in referrals and social media giveaways. For details, visit: TOKEN2049 Treasure Express
Event 2: Share and Unlock
From now to Sep. 30, 2024, unleash your social media magic for a chance to win a 10 USDT spot trading coupon. Share a Bybit blog link and your thoughts on Bybit and Web3. Remember to tag @Bybit_Official and use the hashtag #UnlockWeb3Future and submit the form with us here: #UnlockWeb3Future at TOKEN2049 with Bybit
Event 3: Meet us offline at TOKEN2049
Spot our logo at TOKEN2049 and capture a photo at the Bybit booth (M50) to win Bybit merchandise. Remember to share to your social media channels and use the right hashtag. For details, visit: #UnlockWeb3Future at TOKEN2049 with Bybit
An advocate for a sustainable Web3 ecosystem, Bybit will be featured prominently at TOKEN2049 on a series of keynote panels, thought leadership and community events, and booth M50.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 40 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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DUBAI, UAE, Sept. 6, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to announce it’s among the first to be granted consent to a full authorization by the Astana Financial Service Authority (AFSA). This milestone brings Bybit closer to becoming a fully regulated Digital Asset Trading Facility (DATF).
As part of a rigorous process, Bybit Kazakhstan has passed a full AML check, business conduct audit, and detailed compliance inspections. This is part of Bybit’s focus on securing new user opportunities in Kazakhstan and the broader Commonwealth of Independent States (CIS) region.
“Kazakhstan has become a key player in the global crypto ecosystem, and we are thrilled to be expanding our services in such a dynamic market,” said Ben Zhou, co-founder and CEO of Bybit. “We are committed to bringing our cutting-edge technology, security, and transparency to crypto traders in Kazakhstan, ensuring they can access the best possible tools and services to thrive in this fast-growing industry.”
Once the full license is in place, Bybit Kazakhstan will offer various digital assets related products and services. The expansion into Kazakhstan aligns with Bybit’s mission to provide reliable and transparent services, catering to the unique needs of crypto traders and investors in the region.
This development follows Bybit’s receipt of its initial operating and custody licenses from AFSA in June 2023, reinforcing its commitment to local regulatory requirements. Bybit’s ongoing efforts to strengthen its presence in Kazakhstan underscore its belief in responsible growth and ensuring a compliant and secure trading environment.
Kazakhstan has quickly emerged as a hub for crypto innovation, and Bybit is proud to play a leading role in fostering this development. For example, Bybit hosted a “Foundations of Blockchain, Web3 and Crypto Exchange Activities” course for Banks of Kazakhstan in 2024. This event was part of Bybit’s drive to make blockchain education more accessible in the CIS region.
By securing this full authorization, Bybit is poised to enhance crypto adoption, provide institutional-grade security, and offer advanced trading features to its growing regional user base.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 40 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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View original content:https://www.prnewswire.co.uk/news-releases/bybit-expands-global-reach-receives-formal-consent-for-full-authorization-in-kazakhstan-302240634.html
Fintech PR
Integrum ESG and CSRHub enable fund managers to monitor both long-term trends and short-term movements in ESG ratings for companies, across a 10-year time series
LONDON, Sept. 6, 2024 /PRNewswire/ — Integrum ESG, the leading alternative ESG data provider, has today announced the launch of their Consensus ESG Ratings module.
Just as investors monitor movements in consensus earnings estimates or credit ratings, investors now are aware of the demand for the ability to monitor long-term trends and short-term movements in consensus ESG ratings.
This new feature enables Integrum ESG’s asset manager clients to now see the consensus ESG score for any company, either as an absolute rating or a relative percentile ranking, across a 10-year time series.
These scores will indicate to any investor what the capital markets have ‘priced in’ for a company’s ESG performance, allowing users to quickly understand the market’s view on a company and easily conduct relative ESG analysis on the positions they hold within their Portfolio.
This regularly updated data is provided by CSRHub, the world’s leading provider of consensus ESG ratings. CSRHub has spent years aggregating and normalising a vast range of licensed sources – from large ESG ratings firms such as MSCI, ISS, S&P Global, and Sustainalytics to specialists such as CDP and Better World Companies.
Shai Hill, Founder and CEO of Integrum ESG, commented: “Many investors have told us they want a sense of ‘what is priced in’ in terms of a company’s ESG performance, so they can compare this to what anyone ESG ratings firm is saying. CSRHub is the only firm to have credibly achieved this, thanks to a model refined over years and a vast data lake – so we are delighted to be partnering with them.”
Bahar Gidwani, Co-Founder of CSRHub, added: “Investors need to fine tune their ESG-related investment strategies to improve their returns and better match the preferences of their clients. Combining CSRHub’s expert outside-in, consensus view of ESG with Integrum ESG’s detailed real-time data stream provides a strong solution for these needs.”
About Integrum ESG
Integrum ESG is the leading alternative ESG data and ratings platform for investors, blending human analysis and award-winning artificial intelligence models to capture, verify and display granular and relevant ESG data for analysis and assessment. Their Platform allows clients to dissect ESG scores, real-time sentiment, and more with a variety of unique-to-market features, empowering industry professionals and investors and giving them complete oversight of ESG risk across their portfolio.
For more information, visit www.integrumesg.com
About CSRHub
CSRHub offers the most comprehensive global set of Consensus ESG (Environmental, Social, and Governance) ratings, information, and tools. CSRHub’s business intelligence system measures the ESG business impact that drives corporate and investor sustainability decisions. Founded in 2007, CSRHub covers 56,545 public and private companies, and provides ESG performance scores on over 37,899 companies from 135 industries in 210 countries. Our Big Data platform uses algorithms to aggregate, normalize and weight ESG metrics from 957 sources to produce a strong consensus signal on corporate sustainability performance.
For more information, visit www.csrhub.com
Media Contact
Harish Karunalingam
Integrum ESG
[email protected]
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