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LBank Exchange Will List Battle Esports Coin (BES) on January 20, 2022

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Internet City, Dubai–(Newsfile Corp. – January 18, 2022) – LBank Exchange, a global digital asset trading platform, will list Battle Esports Coin (BES) on January 20, 2022. For all users of LBank Exchange, the BES/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on January 20, 2022.

Figure 1: LBank Exchange Will List Battle Esports Coin (BES) on January 20, 2022

The current eSports market is largely capitalized by corporate sponsors, it’s not easy and efficient enough for players to realize monetization via current B to C structure. To solve this problem, Battle Esports Coin (BES) token and Libes make C to C transactions possible so that they can boost the economic activity of players, provide new entertainment for users, and revolutionize eSports market with leading-edge blockchain technology. BES will be listed on LBank Exchange at 16:00 (UTC+8) on January 20, 2022, to further expand its global reach and help it achieve its vision.

BES x Libes: Liberty Through E-Sports

Libes is a platform built to create new economies in the eSports market and expand the economics and value of eSports itself. Within the Libes eSports platform, users can bet on the tournament matches, give social tippings directly to players, and purchase players’ original NFTs and service NFTs. Players will be able to receive revenue from these features, which will allow them to perform in a completely different way from their previous economic activities.

As Libes’ governance token, BES is created for use on the Libes eSports platform and serves as the platform’s voting rights. By decentralizing rights, Libes aims to become a self-sustaining decentralized organization (DAO) made up of players and users.

The value of the eSports betting industry alone is forecasted to grow as big as 13.05 billion US dollars by 2025. BES and Libes plan to offer a steady roll out of betting services on games and other event to provide a new revolutionary forms of entertainment that will distinguish their platform and suite of services from those of conventional bookmakers.

Targeting markets for eSports gambling worldwide, BES and Libes will capture most target players and interest from the most robust markets in Asia starting with China, Korea, and Japan followed by the United States, and Europe. With the expansion of online gambling and the increasing popularity of eSports, they aim to present a very interesting entertainment proposition to their target markets.

About Battle Esports Coin (BES)

BES token fulfills several purposes within the eSports gambling ecosystem. It serves as in-game currency and has exchange value inside the Libes eSports betting platform. Players can purchase BES tokens and place bets on eSports games as well as enjoy additional benefits from staking, tournament attendance, and engagement with the influencers defining the eSports scene. Implementing a DAO and reward mechanism, BES tokens can be earned by users for engagement and contribution within the ecosystem including the creation of NFTs, purchase of goods, gambling on tournaments.

BES is an ERC-20 token with a fixed initial issuance amount. Therefore, the distribution volume is limited, and the design is such that the value can be easily increased by creating demand. The total supply of BES is 100 billion (i.e. 100,000,000,000) tokens. 40% of it is provided for ecosystem, 17% is allocated for marketing, 15% is used for pre-sale/IEO, another 15% is provided for leadership, 6% is for initial liquidity offering, 5% is for sponsor, and the rest 2% is allocated to strategic advisor. BES is also prepared for staking on multiple DeFi platforms and can be rewarded.

The BES token will be listed on LBank Exchange at 16:00 (UTC+8) on January 20, 2022, investors who are interested in Libes investment can easily buy and sell BES on LBank Exchange by then. The listing of BES on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.

Learn More about BES Token:

Official Website: https://bes-libes.io/
Telegram: https://t.me/libesglobal
Twitter: https://twitter.com/libesglobal

About LBank Exchange

LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users from now more than 210 regions around the world.

Start Trading Now: lbank.info

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Contact Details:

LBK Blockchain Co. Limited
LBank Exchange
[email protected]

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/110660

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Ramp has recently secured an impressive $150 million in its Series D-2 funding round, solidifying its valuation at a robust $7.65 billion.

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April 18, 2024

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Ramp, a prominent US-based spend management FinTech, has successfully concluded its Series D-2 funding round, securing an impressive $150 million.

This latest financial injection, as reported by FinTech Futures, has significantly boosted the company’s valuation to an impressive $7.65 billion.

The $150 million round was co-led by Founders Fund and Khosla Ventures, with substantial contributions from notable new investors such as Greylock, Sequoia Capital, and 8VC. Additionally, the round witnessed the participation of several existing investors, including Contrary Capital, Definition Capital, D1 Capital Partners, Iconiq Capital, Thrive Capital, General Catalyst, Sands Capital, Lux Capital, and others.

Founded in 2019 and headquartered in New York, Ramp offers a comprehensive finance automation platform that seamlessly integrates corporate cards, bill payments, accounting automation, expense and vendor management, among other services. This all-encompassing solution is designed to streamline financial operations for businesses of all sizes.

The newly acquired funds are earmarked for an ambitious expansion of Ramp’s product offerings, particularly through the integration of advanced AI technologies. The company is set to intensify its focus on product development to enhance decision-making capabilities, automate more processes, and provide deeper insights into spending patterns.

Eric Glyman, co-founder and CEO of Ramp, highlighted the company’s innovative spirit, emphasizing, “In 2023, we launched over 150 new product innovations that have significantly advanced procurement, productivity software, and spend management solutions.” Ramp’s proactive approach to product enhancement underscores its dedication to driving innovation in financial management technology.

As part of its strategic growth initiatives, Ramp made a significant move in February 2024 by acquiring the US-based startup Venue, thereby expanding its suite of procurement products. This strategic acquisition aligns with Ramp’s broader M&A strategy aimed at solidifying its position as a comprehensive solution provider in the spend management landscape.

Commenting on the funding, Ramp CEO Eric Glyman stated, “This funding allows us to accelerate our mission of automating financial oversight and generating real-time insights that empower businesses to be more efficient.”

Previously, Ramp had raised $300 million in a Series D funding round in August 2023, valuing the company at $5.8 billion. This latest funding round underscores Ramp’s significant growth trajectory in both market valuation and operational scope.

Source: fintech.global

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RepTrak Announces 2024 Global RepTrak® 100 Report

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April 18, 2024

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BOSTON, April 18, 2024 /PRNewswire/ — The RepTrak™ Company, the world’s leading reputation data and insights company, released its annual Global RepTrak 100 report. Utilizing its advanced reputation monitoring software, RepTrak gathered data from more than 243,000 survey responses across 14 major economies to rank the world’s 100 most reputable companies. They share that ranking alongside a full analysis of global corporate reputation trends and corresponding public sentiment in the 2024 report.

After two years of consecutive Reputation Score declines, this year’s Score is back up with an increase from 73.2 in 2023 to 73.8 in 2024. It’s a small increase after 2023’s full one-point drop. However, it’s an encouraging sign that companies have begun to recover from reputation falls driven by many challenges: macroeconomic issues, workplace difficulties, product problems, and corporate responsibility skepticism.

“This year’s report underscores a pivotal shift in the corporate landscape, spotlighting the remarkable adaptability and dedication of the Top 100 companies in responding to the dynamic needs of stakeholders,” states RepTrak CEO Mark Sonders. “The companies featured in our report are not just riding the wave of change; they are the ones steering it, proving that the best approach to business is one that embraces evolution and champions progress.”

RepTrak’s report explores how people thought, felt, and acted toward companies over the past year. Findings include notable increases in Conduct and Citizenship efforts, stakeholders’ rising willingness to invest, culturally resonant brand communications, and ESG Scores that soared despite skepticism around the acronym.

To read the full 2024 Global RepTrak 100 report, please visit: www.reptrak.com/globalreptrak

About RepTrak

The RepTrak™ Company is the world’s leading reputation data and insights company. We help companies by organizing and grading a variety of reputational elements, offering a real-world report card on their corporate reputation. Subscribers to the RepTrak program use our predictive insights to protect business value, improve return on investment, and increase their positive impact on society. RepTrak’s pairing of advanced metrics and dedicated reputation advisors offers clients an actionable analysis of their reputation data, aligning business objectives with stakeholder sentiment across different markets and sectors.

Established in 2004, The RepTrak Company owns the world’s largest reputation benchmarking database, gathering over 1 million company ratings per year used by CEOs, boards, and executives in more than 60 countries worldwide. For more information, please visit: www.reptrak.com

Global RepTrak 100 Report Preview

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Wagestream, a UK-based fintech company, secures £17.5 million in funding to extend its range of financial benefits.

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5 hours ago

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April 18, 2024

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UK fintech Wagestream has secured a fresh £17.5 million investment to bolster its financial benefits platform tailored for low and middle-income earners.

The funding round includes contributions from existing investor Northzone, which also participated in Wagestream’s $175 million Series C funding in 2022, along with new investors Lombard Odier Investment Managers and British Business Bank subsidiary British Patient Capital.

Wagestream’s platform empowers employers to provide their workforce with access to an interactive payslip, enabling employees to select when they receive payment, save directly from their earnings, reduce expenses on bills, and access free debt advice.

Peter Briffett, co-founder and CEO of Wagestream, highlights the platform’s role in enhancing the work experience, improving quality of life outside of work, and driving business benefits for employers. Briffett emphasizes that healthy and financially secure teams are more loyal and productive.

Operational across 1,000 employers in the US, UK, and Spain – including notable names like Asda, Burger King, Bupa, Hilton, and the NHS – Wagestream serves approximately 3 million employees, primarily comprising shift and frontline workers.

With the latest funding infusion, Wagestream aims to expand its platform to offer a comprehensive suite of financial services. This expansion includes addressing the £430 premium that low and middle-income workers typically pay to access essential services.

Wagestream plans to introduce new services such as a credit-builder card for individuals with poor credit scores, shopping discounts to alleviate inflationary pressures, loans, and an AI-powered financial advisory tool, all slated for launch later this year.

The fintech company’s technological capabilities were reinforced by its acquisition of London-based credit card challenger Keebo in October last year.

Source: fintechfutures.com

The post Wagestream, a UK-based fintech company, secures £17.5 million in funding to extend its range of financial benefits. appeared first on HIPTHER Alerts.

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