VICTORIA, Seychelles, April 16, 2024 /PRNewswire/ — Today, it is thrilling to announce the official brand upgrade from HaloWallet to Halo (halo.social). This upgrade signifies a significant shift in Halo’s vision and commitment to thriving alongside millions of Halo users worldwide in the SocialFi UBI revolution.

Since its inception in October 2023, Halo has been at the forefront of the SocialFi movement. With the launch of Halo Genesis Pass, it has yielded a remarkable 2,000% return for holders and earned international acclaim from users of more than 100 countries.

Moving forward, Halo’s mission is to disrupt the Web2 monopoly and revolutionize the monetization of social influence while ensuring fair and equitable profit sharing. This mission is accomplished through the integration of AI and Web3 DID.

With funding from KuCoin Ventures, IDG, HashKey, and strategic Web3 partners globally, as well as the financial support of the Cyberport incubation program by the Hong Kong government, Halo is poised for an unprecedented leap forward within the realm of SocialFi.

Halo: Pioneering the SocialFi UBI Revolution

Halo (halo.social) is designed to create a revolutionary monetization layer within the SocialFi field, aiming to establish a new paradigm of Universal Basic Income (UBI) that provides ownership to everyone.

Web2 tech giants have generated immense commercial value. However, their centralized nature has led to many concerns on users’ loss of personal data autonomy and unequal value distribution. With blockchain, users can regain control over their assets, data, and accounts. Halo aims to capitalize on advertisement value while respecting user privacy and consent.

Beyond just advertisement, Halo identifies a crucial avenue for monetization: data value. The AI industry has grown rapidly, but due to vague ownership of data copyrights and a lack of unified regulations, high-quality AI corpus remains scarce. As an innovative Web3 project, Halo provides an innovative solution to address this requirement of AI.

Halo has the ability to acquire both on-chain transactions and social content, surpassing Scale AI with full copyright and user consent. By integrating the power of the community to complete data labeling tasks and implementing decentralized governance, Halo meets the demand for high-quality labeled data in AI, enabling the monetization of user data and ensuring a fair redistribution of business profits.

Jeff Hou, the Head of Halo, stated, “The brand upgrade is not merely a marketing move but a natural progression and evolution in the development of Halo. We are gradually transitioning from being a crypto wallet to becoming a fully-fledged ecosystem within SocialFi. It’s time for everyone to see Halo in a new light. We will lead the new wave of the SocialFi UBI revolution, monetizing users’ social influence through our advanced technology architecture and fantastic partnerships in the industry.”

The SocialFi UBI revolution is at our doorstep, and Halo is at the forefront, ready to unlock new opportunities for users to earn, learn, and socialize in a decentralized and equitable environment.

Looking Ahead

Halo token airdrop is a crucial aspect of our vision, designed to strengthen the bond among all members and foster a more engaged and dynamic Halo community. The largest share of Halo tokens, 35%, will be allocated to community, early adopters and alliance members from KuCoin, Mocaverse & other excellent partners.

As a key indicator, Halo Membership Pass will be available for minting on April 26, operating on a season-based promotion system. We’ve launched exclusive discount code giveaways of the Pass with our esteemed partners. Join now to secure a high-level Pass.

Stay tuned for more updates and information on TGE as we continue to evolve and grow as Halo.

About Halo

Halo (halo.social) is designed to build a revolutionary monetization layer within the SocialFi field. We aim to create a new paradigm of UBI (Universal Basic Income) that grants ownership to everyone. By integrating AI, Web3 DID, and Wallet Aggregator, and implementing decentralized governance, Halo is dedicated to transforming the way social influence is monetized and fostering a system of fair and equitable profit sharing.

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An arm of Standard Chartered, the FTSE-100 bank, is taking a stake in a British company set up with the objective of providing ethical financial products to customers.

Sky News understands that SC Ventures will announce on Monday that it is injecting an unspecified multimillion-dollar sum into Algbra, which counts a host of illustrious names from business and finance among its backers.

City sources said that SCV, which is based in Singapore, was investing at least $10m (£8.02m) into Algbra, although neither the exact sum nor the resulting valuation could be ascertained.

As part of their collaboration, Algbra is understood to have agreed to use its core banking platform to build Shoal, a new digital venture announced in 2021 by Standard Chartered Bank to “give UK savers the power to help fund the fight against climate change”.

Shoal was originally contracted to be built by Starling Bank, but will now see Algbra’s technology deployed instead, according to one fintech insider.

Algbra declined to comment.

The investment from SC Ventures represents its first into a UK-based company.

Source: news.sky.com

The post Standard Chartered arm takes stake in British fintech Algbra appeared first on HIPTHER Alerts.

• 600 asset managers evaluated globally on their ability to translate commitment to responsible investment into their brand.
• All global Top 10 remain European.

ZURICH, April 16, 2024 /PRNewswire/ — Despite a challenging investment environment in 2023 with fluctuating financial performances and growing skepticism towards ESG, the Responsible Investment Brand Index RIBI™ 2024 shows both resilience and progress of asset managers.

The top category of RIBI Avant-Gardists remains fiercely competitive, with only 20% of companies globally entering this coveted category. However, the industry as a whole is moving forward, with more than 50 asset managers moving out of the Laggards camp and into one of the other three more advanced categories.

Whilst 57% of asset managers expressing a purpose statement link this to societal good, two thirds of these companies still fail to align their value systems with their purpose statement, leaving a lot of room for improvement.

The Top 10 global companies achieving the best overall score

1. DPAM
2. CANDRIAM
3. UBS Asset Management
4. Nordea Asset Management
5. Pictet Asset Management
6. Amundi
7. Wheb Asset Management
8. Impax Asset Management
9. Ecofi
10. Robeco

All companies in the global Top 10 remain European, continuing a broader trend identified in the last edition. The Top 10 are made up of both large organisations as well as small boutiques. In other words: consistency in responsible investment and brand depends on the convictions and beliefs guiding management decisions, rather than the size of the organisation.

The debate on sustainable investments in the USA (largest region in number of companies and assets under management) shows in a widening gap within RIBI.

RIBI includes specific perspectives and a Top 10 ranking on a country-by-country-level, as well as a focus on boutique managers. The full 2024 Responsible Investment Brand Index, methodology and further information is available at https://www.ri-brandindex.org.

Join our Live Launch Webcast

Global launch webinar today at 15:00 CET/Zurich: https://www.ri-brandindex.org/webinar-6thedition2024.

About the Index

The Responsible Investment Brand Index (RIBI™) identifies which asset management companies act as responsible investors and commit to sustainable development to the extent that they put it at the heart of their identity. It aggregates the analysis of nearly 600 asset managers globally.

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Media contact:
RIBI™ c/o Brand Affairs AG
[email protected]
+41 44 254 80 00

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