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Crypto VC Legion Ventures Delivers on NFT Utility
Bucharest, Romania–(Newsfile Corp. – February 2, 2022) – Community-driven venture capital firm Legion Ventures has announced their NFT collection which blends unique art with a leap forward in the realm of NFT utility.
Legion Ventures was founded in March of 2021 with the goal of democratizing access to early-stage venture capital opportunities within the blockchain ecosystem. Since its inception, the team, along with their growing community, have invested in 100+ early-stage crypto startups and have invested more than $6.7m with an average return of 1200%.
The next step for Legion Ventures is its natural evolution from a community-driven VC firm to an NFT-powered investment DAO.
Their NFT collection grants access to future private and seed sale allocations and, notably, a profit-sharing mechanism through the Legion Ventures Crypto Fund.
Every NFT holder will receive a pro rata share of 20% of the profits from their professionally managed crypto fund, whilst 50% of the profits will be distributed back to the fund. Their goal is to create a self-sustaining and perpetually growing source of passive income for all members of their investment DAO.
In addition to this source of passive income, those who acquire allocation in the early-stage investment opportunities will be able to trade their allocations to anyone, whether they hold an NFT or not, through their upcoming automated OTC marketplace.
Anomander, the founder of Legion Ventures, commented on the upcoming launch of the Legion Ventures NFT collection:
“The evolution of Legion Ventures into an investment DAO is a remarkable milestone in the Legion Ventures journey. Our professionally managed crypto fund is on a mission to prove that crypto funds are the best way to deploy capital in the blockchain world, come bull or bear.”
The Legion Ventures community is accessible on Telegram, Discord, and Twitter.
Contact:
Name: Legion Ventures
Email: [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/112482
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Trade Facilitation Commission Launches Initiative to Boost UK Exports and Foster Economic Growth
New Commission set up to help UK traders access international markets
LONDON, April 19, 2024 /PRNewswire/ — Some 30,000 UK companies who exported goods in 2021 do not do so today. The Trade Facilitation Commission (TFC) has been established to bolster UK small and medium-sized enterprise (SME) global trade activity, addressing the current challenges where less than 10% of UK SMEs engage in goods exports, a third of GB importers are unsure of their customs duty payments and nearly half have experienced delays at the port.
Despite the potential for growth through international trade and mutual recognition agreements many UK SMEs face barriers ranging from complex regulations to limited resources, hindering their ability to engage in global trade activities effectively.
“The Trade Facilitation Commission is dedicated to unlocking the potential of UK SMEs in the global market,” said Lord Agnew, Chairman of the TFC.
Robert Hardy co vice-Chairman added “Our initiatives aim to remove barriers, provide support, and equip SMEs with the tools and resources they need to succeed in international trade.”
Through a comprehensive approach, the TFC plans to implement various measures to facilitate trade and support SMEs, including:
- Simplifying trade procedures and reducing bureaucratic hurdles to make global trade more accessible and efficient for SMEs.
- Providing tailored assistance and guidance to SMEs, including access to market intelligence, trade finance, and trade training programs.
- Strengthening partnerships with key stakeholders, including government agencies, industry associations, and trade promotion organisations, to coordinate efforts and maximise impact.
- Leveraging technology to digitise trade processes, improve transparency, and enhance the competitiveness of UK SMEs in the global market.
“By fostering an environment conducive to trade, we not only empower businesses but also drive economic growth and prosperity for the nation as a whole,” said Shanker Singham, co vice-Chairman of TFC.
The launch of these initiatives underscores the TFC’s commitment to fostering a supportive environment for trade and driving inclusive economic growth. By empowering UK SMEs to expand their presence in global markets, the Commission aims to unlock new opportunities, drive innovation, and propel the nation towards greater prosperity.
Website: www.facilitation.trade
About Trade Facilitation Commission
The Trade Facilitation Commission (TFC) is dedicated to promoting trade facilitation and supporting SMEs in the UK. With a focus on reducing trade barriers, enhancing competitiveness, and fostering economic growth, the TFC works closely with stakeholders to streamline trade processes and empower businesses to seize global opportunities. Through advocacy, policy initiatives, and capacity-building efforts, the Commission aims to create an enabling environment for trade and drive sustainable development across the UK.
About the Commissioners
LORD AGNEW – CHAIRMAN
Former Minister of State at the Cabinet Office (2020-2022) responsible for border readiness related to UK’s exit from the European Union.
ROBERT HARDY – CO VICE CHAIRMAN
Founder and CEO of the EORI Group of companies, specialising in simplified customs processes. AIBF UK-Irish Business Person of the Year 2023.
SHANKER SINGHAM – CO VICE CHAIRMAN
One of the World’s leading experts on international trade, competition and regulatory reform. Co-Chair of the Growth Commission.
LARS KARLSSON
Global Head of Trade and Customs at Maersk. Former Director of World Customs Organisation and Director General of Swedish customs.
TONY SMITH CBE
Former Director General of UK Border Force and Director of Borders Canada. Awarded a CBE for vital role in delivering 2012 London Olympics. Chairman of IBMATA (Int Border Management and Technologies Association)
KEVIN FRANKLIN
Former Director of Customs Transformation at HMRC. Associate of the Cabinet Office infrastructure and projects authority.
FRANK DUNSMUIR
Leads the Digital Transformation team at IOE&IT, projects include Kenyan Single Trade Window, UK EcoSystem of Trust, Freeports as well as projects working with Europoort in the Netherlands
KEVIN SHAKESPEARE
Director of Strategic Projects and International Development at IOE&IT (Institute of Export and International Trade). Dean of the UK Customs Academy.
CHRIS SALMON
Former senior advisor to Michael Gove MP on Brexit Border Readiness. Co-Founder of clearBorder a firm specialising in trade training.
Logo – https://mma.prnewswire.com/media/2392028/TFC_logo_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/trade-facilitation-commission-launches-initiative-to-boost-uk-exports-and-foster-economic-growth-302122199.html
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