ONERHT Foundation together with Chui Huay Lim Club and Ee Hoe Hean Club raise close to S$500,000 to promote medical care and support for disadvantaged groups ACN Newswire

ONERHT Foundation together with Chui Huay Lim Club and Ee Hoe Hean Club raise close to S$500,000 to promote medical care and support for disadvantaged groups

SINGAPORE, Feb 14, 2023 - (ACN Newswire via SEAPRWire.com) - ONERHT Foundation Ltd, the corporate social responsibility vehicle of RHTLaw Asia LLP and the RHT Group of Companies (collectively, "ONERHT"), together with its co-organisers Chui Huay Lim Club and Ee Hoe Hean Club, has raised close to S$500,000 to promote health and wellness among disadvantaged and vulnerable members of our community.Guest-of-Honour Mr Ong Ye Kung, Minister for Health, (7th from left) onstage with Organising Committee members and advisors, generous donors and the esteemed artists at the eventThe charity gala dinner held on 8th February 2023 was themed "In Pursuit of Excellence - ONERHT Foundation Charity Gala Dinner 2023" and attended by Guest-of-Honour Mr Ong Ye Kung, Minister for Health together with more than 400 guests.Funds raised through the event will be used to support three local charitable healthcare institutions: Singapore Thong Chai Medical Institution, Ren Ci Hospital and Kwong Wai Shiu Hospital. Each with its own storied history of service to the community, these three institutions serve thousands of patients every month, regardless of background, race and religion. The funds will enable the three hospitals to expand their services and facilities to support the growing healthcare needs of an ageing population.Ms Kaylee Kwok, Chairman of ONERHT Foundation, said, "Tackling the challenges of today's complex world requires the combined effort of various stakeholders from private and public sectors driven by a common purpose for good. We are inspired by the sense of purpose and dedication to selfless service demonstrated by local charitable healthcare institutions. We believe businesses can emulate their values by recognising our shared responsibility to deliver positive impact to the community and to think beyond profit."Mr Ng Hoy Keng, President of Chui Huay Lim Club, said, "We hope to continue our collaboration with community groups to organise more cultural and charity events at the Chui Huay Lim Club, bringing vibrancy to the club while leveraging its modern facilities which are open to all."Mr Aw Chye Wee, Chairman of Ee Hoe Hean Club, said, "Through its philanthropic members past and present, the Ee Hoe Hean Club has a long history of giving back to the community, including donations for the Tong Chai Medical Hall. It is our hope that we will be able to pass on this spirit of giving to the next generation."The gala dinner marks the end of a three-day public exhibition of Chinese paintings and calligraphy artworks by Hong Kong artists Mr Alfred Cheung and Mr Wong Wai Ho. A successful silent auction of the artworks was held during the exhibition at the Chui Huay Lim Club between 6-8 February."This was a joint effort made possible by the effort of our co-organisers and the generosity of our donors, sponsors and esteemed artists," added Ms Kwok.Since its inception in 2015, the Foundation has with the support of its donors and sponsors been able to raise more than S$4 million for more than 24 charitable organisations.ONERHT Foundation LtdA Singapore registered charity and grant-making philanthropic organisation, ONERHT Foundation Ltd ("Foundation") enables RHTLaw Asia LLP and the RHT Group of Companies (collectively, "ONERHT") to do right and do good through various charitable endeavours.Set up by ONERHT in 2015, the Foundation was registered as a Singapore charity by the Commissioner of Charities and a grant-making philanthropic organisation by the Inland Revenue Authority of Singapore on 16 September 2016 and 28 November 2016 respectively.The Foundation seeks to establish, inspire and encourage the right philanthropic culture among the corporate and legal fraternity of giving back to the community in a focused, hands-on and meaningful manner. Since its inception, the Foundation has raised more than S$4 million to support more than 24 beneficiaries involved in education, the environment and sustainability, disadvantaged groups as well as the arts and sports. For more information, please visit www.onerht.foundationFor media enquiries, please contact:Elliot Siow / elliot.siow@rhtgoc.com / +65 8375 0417 Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)
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Korindo Transfers Urban Forest Management to Bogor Regency Government ACN Newswire

Korindo Transfers Urban Forest Management to Bogor Regency Government

Bogor, Indonesia, Feb 11, 2023 - (ACN Newswire via SEAPRWire.com) - After three years of planting and maintenance under Korindo Foundation's care, Pakansari Stadium's urban forest (or Pakansari City Forest) was finally handed over to the Bogor Regency Government at the beginning of February 2023. Rows of Eucalyptus deglupta trees green the areas of Pakansari City Forest in Cibinong, Bogor Regency (West Java, Indonesia) [Image: Korindo]Chairman of Korindo Foundation Robert Seung and Bogor acting regent Iwan Setiawan signed the handover plaque. [Image: Korindo]Korindo Foundation Chairman Robert Seung performed the handing-over ceremony with Bogor's acting regent Iwan Setiawan, the handover fulfilling the region's dream of owning a lush urban forest. Pakansari City Forest is, in fact, the first wooded area to be established in Bogor Regency."Through the Green Collaboration program, Korindo Group and Foundation are committed to supporting government efforts that keep our country's natural environment and our beloved Earth sustainable," said Robert Seung in his opening speech.This green space was actually a part of the regency government's masterplan, but for several reasons, its construction was put on hold. The project only saw the light in November 2019, when Korindo Foundation agreed to help out with the development.And that's how the commitment to revitalize the land outside Pakansari Stadium began. Starting with 1,294 Eucalyptus deglupta saplings, the Foundation kept planting until a total of 1,800 trees were reached, adorning a two-hectare area that's sectioned into six planting zones.For the next step, tree and land maintenance, local residents were given a chance to participate. Together with the Foundation, they conducted regular plant care that involved cutting weeds, cleaning up fallen branches, and pulling tangled weeds."After three years, I think we can all see how these seeds we planted have very much thrived and grown so large, making this place greener and much more pleasant to the eye. And from this forest, we can enjoy cleaner and fresher air," said Robert Seung.About KorindoKorindo Group (Korindo) was established in 1969, and consists of companies engaged in the field of natural resources, industrial paper manufacturing, heavy industry, logistics, finance, and property. As one of the major corporate groups in Indonesia, Korindo has contributed significantly to the nation's development in various ways. Visit https://www.korindonews.com, and watch the video www.korindo.co.id/group-profile/.Through Korindo Foundation, we have a responsibility for building sustainable communities in various fields through our Corporate Social Contribution (CSC) programs. Our CSC activities focus on strategic, systematic and sustainable programs through 5 main program pillars, namely Education, Health, Economics, Environment, and Infrastructure. Learn more at https://korindofoundation.com. Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)
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Korindo Group Initiates First Rest Area with Bioconversion Facility in Indonesia ACN Newswire

Korindo Group Initiates First Rest Area with Bioconversion Facility in Indonesia

JAKARTA, Feb 7, 2023 - (ACN Newswire via SEAPRWire.com) - A bioconversion waste processing facility, which uses the black soldier fly (Hermetia illucens) as its biological agent, has opened at Cibubur Rest Area, Jakarta. The rest area is managed by Korindo Group subsidiary PT Bimaruna Marga Jaya and is the first in Indonesia to own a waste processing center. The center is designed to tackle daily waste issues in the Rest Area, by temporarily storing and preparing organic waste for recycling. The ceremony served to introduce black soldier fly-based bioconversion technology, which is expected to resolve waste management challenges at other rest areas and public establishments. [Image: Korindo]The Korindo Foundation and Forest For Life Indonesia Foundation (FFLI), together with the Public Works and Housing Ministry of Indonesia, launched the facility on Wednesday (Feb 1). With the stakeholders attending, the ceremony served to introduce black soldier fly-based bioconversion technology, which is expected to resolve waste management challenges at other rest stops and public establishments. Made under the partnership of Korindo Foundation and FFLI Foundation, the plant can handle up to 1 ton of living waste per day. Cibubur Rest Area was picked as the project location, given its position as a waste source that needs urgent solutions. This conversion technique is also applicable to different types of waste sources like traditional markets, industrial zones, offices, and residential areas. "Other than being environmentally beneficial, this facility can offer new economic opportunities. Profits gained from this project will be channeled into community and environmental empowerment programs," explained Robert Seung, chairman of Korindo Foundation. He wished the plant would reach the success of its predecessor, a similar plant with a 4 ton per day waste processing capacity in Lombok, West Nusa Tenggara.That project was funded by the Korindo Foundation in 2017, with the FFLI teaming up with the local government to monitor its operation until today, one of Lombok's waste disposal prototypes. "These facilities won't be able to run properly without our collaboration with FFLI and support from the local government. That being the case, from the depths of our hearts, we want to thank all parties for the great teamwork," Robert said. He went on to say that through the Foundation, businesses under Korindo Group had truly participated in efforts to bring back the balance in Indonesia's natural environment."Korindo Foundation has directly taken part in environmental preservation projects like Pakansari and Pondok Rajeg city forests and conservation activities in Papua. Through these breakthroughs, we strive to contribute to the local community and the environment," Head of FFLI Dr. Hadi Pasaribu said the plant did not only create a clean, healthy environment to be in and work out waste issues right at its source; it also provided protein, fat, and chitin, restored soil fertility, and played a role in mitigating climate change effects. "The more bioconversion plants we build, the bigger the benefits will be for our environment," he said.Black soldier flies enthusiast Prof. Agus Pakpahan shared a similar sentiment. He pushed for additional bioconversion plants to be built, so waste wouldn't have to be brought into the landfill. This approach established a clean and healthy environment, provided benefits for nature, and created a circular economy. Pakpahan revealed that around 60%-70% of landfill waste was organic, meaning that settling the issue upstream would simplify the entire waste management process. In his statement, he also touched on local people's waste dumping behavior, saying, "Each and every one of us should be able to take care of our own waste," said Pakpahan. Bioconversion with black soldier flies is a biological approach to manmade environmental problems that bases itself on the notion that nature is created in harmony and balance. The technology offers a way out of excessive living waste. It is relatively safe for the surrounding area and community. Of all 800 fly species on earth, the black soldier fly stands out for its non-pathogenic nature and the absence of disease agents. In this method, black soldier fly larvae decomposes organic waste generated from human activities. After that, the insects can be used as fish or chicken feed for their high amino acids and protein content. In the end, this process forms a circular economy that creates new economic prospects.About KorindoKorindo Group (Korindo) was established in 1969, and consists of companies engaged in the field of naturalresources, industrial paper manufacturing, heavy industry, logistics, finance, and property. As one of the majorcorporate groups in Indonesia, Korindo has contributed significantly to the nation's development in various ways. Visit https://www.korindonews.com, and watch the video www.korindo.co.id/group-profile/.Through Korindo Foundation, we have a responsibility for building sustainable communities in various fields through our Corporate Social Contribution (CSC) programs. Our CSC activities focus on strategic, systematic and sustainable programs through 5 main program pillars, namely Education, Health, Economics, Environment, and Infrastructure. Learn more at https://korindofoundation.com. Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)
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ONERHT Foundation charity art exhibition at Chui Huay Lim Club looks at the pursuit of excellence in Chinese painting and calligraphy ACN Newswire

ONERHT Foundation charity art exhibition at Chui Huay Lim Club looks at the pursuit of excellence in Chinese painting and calligraphy

SINGAPORE, Feb 2, 2023 - (ACN Newswire via SEAPRWire.com) - ONERHT Foundation Ltd, the corporate social responsibility vehicle of RHTLaw Asia LLP and the RHT Group of Companies (collectively, "ONERHT"), together with its co-organisers Chui Huay Lim Club and Ee Hoe Hean Club, welcomes members of the public to visit its charity art exhibition and appreciate masterful Chinese paintings and calligraphy artworks.Held at the Chui Huay Lim Club's Heritage Hall, the exhibition presents Chinese paintings and calligraphy artworks by Hong Kong artists Mr Alfred Cheung and Mr Wong Wai Ho which are up for auction. Successful bidders of these artworks will have the option of converting the artwork into Non-Fungible Tokens (NFTs), merging the beautiful traditions of Chinese art with cutting edge technology for the certification of authenticity. The service is provided by AlDigi Technologies, a member of the ONERHT ecosystem of multidisciplinary professional services.The free exhibition opens to the public from 6-8 February, between 10am-6pm. An opening ceremony will be held at 10am on Monday 6 February 2023 at the venue, and the Guests-of-Honour for the opening ceremony would be A/Prof Ho Peng Kee, Patron of ONERHT Foundation, Mr Ng Hoy Keng, President of Chui Huay Lim Club and Mr Aw Chye Wee, Chairman of Ee Hoe Hean Club.In addition, various Chinese artworks by renowned artists Xu BeiHong (1895 - 1953), Chen Wen Hsi (1906 - 1991), Wang Zhen/Wang YiTing (1867 - 1938) and Lu Yanshao (1909 - 1993) have been lent to the organisers by Mr Yeo Eng Koon for public viewing at the exhibition. A painting by Cultural Medallion Award winner Mr Lee Hock Moh (b. 1947) will also be displayed at the exhibition.Funds raised through the event will be used to support three local charitable healthcare institutions: Singpapore Thong Chai Medical Institution, Ren Ci Hospital and Kwong Wai Shiu Hospital. Each with its own storied history of service to the community, these three institutions serve thousands of patients every month, regardless of background, race and religion. The funds will enable the three hospitals to expand their services and facilities to support the growing healthcare needs of an ageing population.Ms Kaylee Kwok, Chairman of ONERHT Foundation, said, "The exhibition supports disadvantaged groups and the arts, both of which are among the core pillars of the ONERHT Foundation's philanthropic mission. We welcome members of the public to visit the exhibition made possible by the efforts of our co-organisers and the generosity of our donors, sponsors and esteemed artists."Since its inception in 2015, the Foundation has with the support of its donors and sponsors been able to raise more than S$4 million for more than 24 charitable organisations.Artists ProfileMr Alfred Cheung is currently serving as the CEO of APTTPA Co., Ltd. and JC Food Republic Co., Ltd. As a hobby, Mr Cheung devotes himself to the study of Chinese painting art in his spare time. He started learning from Lingnan School renowned painter Rong Shu Shi from middle school, and acquired the know-how of lychee painting, landscape sketches, painting techniques of flowers, plants, birds and animals. He is especially good at painting plum blossoms.Mr Cheung is also appointed as a director of the Japan Hong Kong Society, consultant of the Japan Hong Kong Society in Tokyo. He has also been a special lecturer for the City University of Hong Kong, giving lectures on refrigeration logistics science and also a Fukuoka MICE ambassador. He is currently a consultant for Tsuruga port as well as marketing ambassador for Fukui Prefecture in Japan and as external advisor to HK Metropolitan University.Mr Wong Wai Ho is currently an Independent Non-Executive Director of Hong Kong listed companies i.e. Road King Infrastructure Limited (HK Stock Code: 1098) and Hang Chi Holdings Limited (HK Stock Code: 8405). He is also Chairman of Eminent EIS International Preschool and TransTEch Limited. Since young, Mr Wong has a strong interest in Chinese calligraphy. Over the years, Mr Wong has developed his own unique style and technique and his calligraphy artwork is highly appraised.ONERHT Foundation LtdA Singapore registered charity and grant-making philanthropic organisation, ONERHT Foundation Ltd enables RHTLaw Asia LLP and the RHT Group of Companies (collectively, "ONERHT") to do right and do good through various charitable endeavours.Set up by ONERHT in 2015, the Foundation was registered as a Singapore charity by the Commissioner of Charities and a grant-making philanthropic organisation by the Inland Revenue Authority of Singapore on 16 September 2016 and 28 November 2016 respectively.The Foundation seeks to establish, inspire and encourage the right philanthropic culture among the corporate and legal fraternity of giving back to the community in a focused, hands-on and meaningful manner. Since its inception, the Foundation has raised more than S$4 million to support more than 24 beneficiaries involved in education, the environment and sustainability, disadvantaged groups as well as the arts and sports. For more information, please visit www.onerht.foundationFor media enquiries, please contact:Elliot Siow / elliot.siow@rhtgoc.com / +65 8375 0417 Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)
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Aniverse Introduces New Characters & Launches Web 3.0 Metaverse Service SeaPRwire

Aniverse Introduces New Characters & Launches Web 3.0 Metaverse Service

SEOUL, KOREA,November30, 2022- (SEAPRWire) – Aniverse announced on the 30th that it will officially launch its Web 3.0 Metaverse. Services currently provided within the Aniverse Web 3.0 Metaverse include Larva NFT Staking, Larva Kids NFT Breeding, NFT Marketplace, Media, and Swap. Aniverse’s Web 3.0 Metaverse, which is scheduled to be launched as a web service, has been designed to look like a movie set. Animations that fit the concept of various services provided by Aniverse have been formed within the Metaverse. In July, Aniverse introduced five new characters called ‘ANIVERSE TOWN’, the mascot characters of the Aniverse Metaverse. The names of each character were decided by holding a vote for users within the community and names chosen were; Elin, Marvin, Bran, Balboa, and Annie. Aniverse also seeks to continuously expand the ecosystem by adding partner company’s IP characters to the Aniverse Metaverse. After selling all 10,000 Larva PFP NFTs on OpenSea in March, Aniverse is expanding its services by launching staking, swap, and breeding services in quick succession. Currently, one of the benefits of the breeding service is the launch of the Larva NFT staking boosting service. Social Links ANIVERSE NFT Discord: https://discord.gg/larvanft Twitter: https://twitter.com/ANIVERSE17 Facebook: https://www.facebook.com/aniversefoundation YouTube: https://bit.ly/2VAzaWe Telegram Official Group: https://t.me/aniverse_official_worldwide Media Contact Brand: ANIVERSE FOUNDATION LTD Contact: Media team Email: ysc@aniverse.io Telephone: +82 070-4609-6487 Website: https://aniverse.io/ SOURCE: ANIVERSE FOUNDATION LTD The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)
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Aniverse Introduces New Characters and Launches Web 3.0 Metaverse Service SeaPRwire

Aniverse Introduces New Characters and Launches Web 3.0 Metaverse Service

SEOUL, KOREA,November30, 2022- (SEAPRWire) – Aniverse announced on the 30th that it will officially launch its Web 3.0 Metaverse. Services currently provided within the Aniverse Web 3.0 Metaverse include Larva NFT Staking, Larva Kids NFT Breeding, NFT Marketplace, Media, and Swap. Aniverse’s Web 3.0 Metaverse, which is scheduled to be launched as a web service, has been designed to look like a movie set. Animations that fit the concept of various services provided by Aniverse have been formed within the Metaverse. In July, Aniverse introduced five new characters called ‘ANIVERSE TOWN’, the mascot characters of the Aniverse Metaverse. The names of each character were decided by holding a vote for users within the community and names chosen were; Elin, Marvin, Bran, Balboa, and Annie. Aniverse also seeks to continuously expand the ecosystem by adding partner company’s IP characters to the Aniverse Metaverse. After selling all 10,000 Larva PFP NFTs on OpenSea in March, Aniverse is expanding its services by launching staking, swap, and breeding services in quick succession. Currently, one of the benefits of the breeding service is the launch of the Larva NFT staking boosting service. Social Links ANIVERSE NFT Discord: https://discord.gg/larvanft Twitter: https://twitter.com/ANIVERSE17 Facebook: https://www.facebook.com/aniversefoundation YouTube: https://bit.ly/2VAzaWe Telegram Official Group: https://t.me/aniverse_official_worldwide Media Contact Brand: ANIVERSE FOUNDATION LTD Contact: Media team Email: ysc@aniverse.io Telephone: +82 070-4609-6487 Website: https://aniverse.io/ SOURCE: ANIVERSE FOUNDATION LTD The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)
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SMEStreet and World University of Leadership & Management Join Hands for Bringing Academia and Industry Closer ACN Newswire

SMEStreet and World University of Leadership & Management Join Hands for Bringing Academia and Industry Closer

New Delhi/Dubai, Nov 17, 2022 - (ACN Newswire via SEAPRWire.com) - In order to elevate the relationship between academia and industry, SMEStreet Foundation and the World University of Leadership & Management, France have collaborated. This collaboration is expected to highlight Indian entrepreneurial and social leaders so that their professional experience can become a benchmark at a global level. India's success story is becoming stronger and stronger at the global level. The importance of Indian-origin entrepreneurs and professionals have become visible at almost every level. On such backdrop, MSMEs and Startups from India are also becoming well-acknowledged globally. "With this collaboration, we aim to provide a credible global platform for India's entrepreneurial and professional leadership." We will work closely with the World University of Leadership & Management (WULM) for providing success stories which possess the potential of motivating their peers in their respective professional fields. Whether business leaders, entrepreneurs, social entrepreneurs or professionals, India is producing great potential that can make it's impact at a global level. "We at SMEStreet are excited with this collaboration to provide and facilitate such level of knowledge sharing," says Dr Faiz Askari, Secretary General, SMEStreet Foundation. "We are very excited and happy to collaborate with SMEStreet, as this gives us access to the potential network of Indian philanthropists and professionals who can become a success story at a global level," says Dr. Randi W Ward, Chancellor of World University of Leadership & Management (WULM), France.Dr. Diwakar Aryal, CEO of, WULM commented, "This collaboration is considered to bring very important synergy for academia and industry. With SMEStreet's networking and expertise and WULM's academic expertise, we wish to create an efficient pathway of recognition for professionals. This will create success stories influential and approachable for those who wish to leverage the expertise."This collaboration will generate global-level dialogues and forums which will highlight Indian leadership at a global level. About SMEStreet - https://SMEStreet.inSMEStreet.in is an efficient and dynamic ecosystem for MSMEs and Startups. The SMEStreet Platform is a window of opportunity for every entrepreneur to enhance the profitability of business, personalized networking with subject matter experts and insightful market research data. Success Stories and high quality business networking is facilitated by SMEStreet to empower pro-business environment at a global level. The portal has over 1 Million unique visitors every month and over 3.5 Million Pageviews are registered here.About SMEStreet Foundation SMEStreet Foundation is created to serve the potential rich entrepreneurs, aentrepreneurs,preneurs and Professionals from Indian MSME and startup domain. Registered as a Section 8 company. The SMEStreet Foundation is aimed to bring value of knowledge and become a proactive platform of enhancing business productivity and peer to peer learning. About WULM (wulm.org)World University of Leadership and Management is headquartered in France and working with the visions and missions of the openness philosophy, believing that open universities are rooted in the idea that education is a basic human right, that teaching and learning need to be democratized, that equity in education needs to be facilitated and social justice. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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ONERHT Foundation’s charity golf event raises more than S$500,000 for disadvantaged groups ACN Newswire

ONERHT Foundation’s charity golf event raises more than S$500,000 for disadvantaged groups

SINGAPORE, Nov 2, 2022 - (ACN Newswire via SEAPRWire.com) - ONERHT Foundation Ltd, the corporate social responsibility vehicle of RHTLaw Asia LLP and the RHT Group of Companies (collectively, "ONERHT"), announced that its charity golf event had raised close to S$560,000 for disadvantaged groups- a core target group of the Foundation's philanthropic mission.Minister for Trade and Industry Mr Gan Kim Yong, Ms Kaylee Kwok, Chairman of ONERHT Foundation, Mr Eddie Chua, Honorary Treasurer of Singapore Golf Association, Mr Azman Jaafar, Managing Partner of RHTLaw Asia LLP, and Mr Jayaprakash Jagateesan, Group Chief Executive Officer of AlDigi Holdings [L-R] Funds raised through the charity golf event will be used to support underprivileged families, as well as the elderly and their caregivers, through four local beneficiaries: PCF Sparkle Care Centres, Dementia Singapore Ltd, Life Community Services Society, and ARTDIS (Singapore) Ltd. Ms Kaylee Kwok, Chairman of ONERHT Foundation, said, "With the strong support of the Foundation's generous donors and sponsors, we continue to advance the Foundation's initiatives and programmes across its four core pillars of education, environment and sustainability, disadvantaged groups, as well as arts and sports."Almost 250 golfers participated in the charity golf event held over three days on 14, 20 and 28 October 2022 at Sentosa Golf Club which ended with a gala dinner attended by Guest-of-Honour, Minister for Trade and Industry Mr Gan Kim Yong, and more than 180 guests. In line with its goal of promoting sports, the Foundation entered into a Memorandum of Understanding (MOU) with the Singapore Golf Association (SGA). Under the MOU, the Foundation and SGA will collaborate on various projects and outreach programmes to promote golf as a healthy sporting activity.Mr Eddie Chua, Honorary Treasurer of SGA, said, "We are excited to partner with ONERHT Foundation to collaboratively achieve SGA's strategic goals for golf in Singapore."Since its inception in 2015, the Foundation has with the support of its donors and sponsors been able to raise more than S$4 million for more than 15 charitable organisations. The Foundation is glad that it is able to make a meaningful philanthropic impact on the community. ONERHT Foundation Ltd A Singapore registered charity and grant-making philanthropic organisation, ONERHT Foundation Ltd enables RHTLaw Asia LLP and the RHT Group of Companies (collectively, "ONERHT") to do right and do good through various charitable endeavours. Set up by ONERHT in 2015, the Foundation was registered as a Singapore charity by the Commissioner of Charities and a grant-making philanthropic organisation by the Inland Revenue Authority of Singapore on 16 September 2016 and 28 November 2016 respectively. The Foundation seeks to establish, inspire and encourage the right philanthropic culture among the corporate and legal fraternity of giving back to the community in a focused, hands-on and meaningful manner. Since its inception, the Foundation has raised more than S$4 million to support more than 15 beneficiaries involved in education, the environment and sustainability, disadvantaged groups as well as the arts and sports. For more information, please visit www.onerht.foundationSingapore Golf AssociationThe Singapore Golf Association (SGA) is the National Sport Association governing the game of golf in Singapore. Registered on 5 October 1961, SGA's objective is to encourage and promote the game of golf in Singapore. SGA currently has 11 Full Members, 7 Associate Members and 6 Affiliate Members. SGA is also a member of the International Golf Federation, Asia Pacific Golf Confederation, ASEAN Golf Federation, Asia Golf Leaders Forum and the Singapore National Olympic Council. For more information, please visit https://sga.org.sg/For media enquiries, please contact: Elliot Siow / elliot.siow@rhtgoc.com / +65 8375 0417 Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Eunion Officially Establishes Global Foundation SeaPRwire

Eunion Officially Establishes Global Foundation

New York, NY,October11, 2022- (SEAPRWire) – Recently, Eunion is pleased to announce that with the joint efforts and coordination of many parties, the Eunion Global Foundation was officially established. This is an important step for Eunion to go international, and it is also a milestone in Eunion’s global process. The establishment of Eunion Global Foundation enables Eunion to fully guarantee the development of marketization, specialization, and compliance. The Eunion trading team was established in 2013. The company originated in Europe. The team is committed to clearing transactions in the traditional financial (securities, stocks, foreign exchange) field. The team designs and develops trading programs and actually operates to obtain stable income from clearing transactions. Eunion has EU regulatory license MTR (digital currency transaction service license number: FRK000990, digital currency wallet service license number: FVR001101), US regulatory license MSB (license number: 31000164318323), Australian AUSTRAC license (regulatory number: DCE100666271-001) as solid backing. At the same time, it has gained multiple honors around the world, including the “WBC Global Partner Certificate”, “Best Fintech Technology” and so on. At present, 132 exchanges have been connected through an efficient matching engine, including digital currency, traditional securities, US stocks, Hong Kong stocks, A-shares, gold trading, etc. Eunion takes advantage of the speed of ultra-high-frequency trading to place a large number of orders for clearing transactions through automated procedures, and obtain high returns. At the same time, Eunion also combines the advantages of decentralized exchanges to provide users with a channel to link exchanges and act as an asset custody institution in the exchange to solve the transparency problem of asset management in the blockchain industry. With the continuous development and growth of Eunion and the increasing needs of customers, the diversification of projects and the efficiency of services have become rigid needs. In particular, there is a need for an efficient and transparent organization such as the Foundation to provide self-monitoring guarantees. Through the foundation, more talents, resources, and users can be aggregated and linked for Eunion, and the resources of the foundation can be mobilized to respond to the emerging needs of individualization, diversification, urgency, and internationalization. Based on this, Eunion established the Eunion Global Foundation and positioned it as a non-profit organization. Its responsibility is to focus on promoting the diversity of Eunion products, improving service efficiency, making Eunion more international, actively embracing future supervision, improving Eunion’s popularity and influence in the industry, and making Eunion’s financial framework more comprehensive. An excellent foundation must keep pace with the times, especially in the form of operation iteratively. Therefore, Eunion Global Foundation will continue to explore a more effective organizational structure and service model in the future to optimize the external and internal governance mechanisms. Eunion Global Foundation is committed to building the entire community through the core concepts of fairness, openness, co-construction, sharing, and transparency. As well as a strong and well-established relationship with the public, it can fully play a role as a bridge for the development of business globalization. Media Contact Company: Eunion Contact: Media Contact Email: info@eunion.ai Website: https://eunion.trade/ SOURCE: Eunion The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)
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Avantor and Avantor Foundation Make a Difference by Providing Critical Health Services for Vulnerable Communities in Singapore ACN Newswire

Avantor and Avantor Foundation Make a Difference by Providing Critical Health Services for Vulnerable Communities in Singapore

Singapore, Aug 24, 2022 - (ACN Newswire via SEAPRWire.com) - Avantor Foundation, Avantor's philanthropic arm, committed financial resources to healthcare charitable organizations, HealthServe and SATA CommHealth, as part of the Foundation's mission to provide healthcare to those in need. The grants will offer much-needed support to communities who would otherwise be unable to receive quality medical care. By identifying community needs and addressing them through these grants, the Avantor Foundation is able to contribute to the advancement of healthcare in Singapore and the region."As we continue to create a better world, grants like this demonstrate our commitment to providing healthcare to those in need," said Christophe Couturier, Executive Vice President, AMEA, Avantor and Board Member of the Avantor Foundation. "By working with SATA CommHealth and HealthServe, we want to connect and help communities, which deserve crucial assistance but are sometimes overlooked. The aid we are providing will address the critical unmet needs in healthcare and enable Science for Goodness, and ultimately create a lasting impact in our communities."SATA CommHealth, an organization which serves the community through the provision of subsidized care in their medical centers, will work with approximately 50 community and grassroots organizations to provide free health screenings for the elderly and less fortunate through regular check-ups and early medical intervention to prevent chronic or deadly diseases."We are truly grateful to receive this generous donation from the Avantor Foundation," said Boon Khiang Chia, Director & Head of Strategic Partnerships & Branding, SATA CommHealth. "We will be able to facilitate collaboration with our community leaders and constituency representatives to effectively serve the healthcare needs of our beneficiaries, especially the elderly who are most vulnerable to poor health."The Avantor Foundation also has provided a grant to HealthServe, a medical NGO that advocates for the needs and wellbeing of vulnerable, low-wage migrant workers in Singapore. Their services include healthcare, counseling, casework, mental health support and social assistance for their beneficiaries. HealthServe will use this grant for a nurse-led chronic disease case management program that supports migrant workers in need of medical assistance. Michael Cheah, Executive Director, HealthServe said, "Bringing healing and hope to migrant workers has always been a cause that is very close to our hearts. This contribution from the Avantor Foundation will allow us to offer customized care plans to these workers in need of medical assistance and deliver better care outcomes for them in the long term."About AvantorAvantor, a Fortune 500 company, is a leading global provider of mission-critical products and services to customers in the biopharma, healthcare, education & government, and advanced technologies & applied materials industries. Our portfolio is used in virtually every stage of the most important research, development and production activities in the industries we serve. Our global footprint enables us to serve more than 225,000 customer locations and gives us extensive access to research laboratories and scientists in more than 180 countries. We set science in motion to create a better world. For more information, visit www.avantorsciences.com/site/ and find us on:LinkedIn - https://www.linkedin.com/company/avantorinc/Twitter - https://twitter.com/Avantor_NewsFacebook - https://www.facebook.com/Avantorinc/About Avantor FoundationAs the philanthropic arm of Avantor, the Avantor Foundation's mission is to create a better world by advancing science education and providing healthcare to those in need. Since 2009, the Avantor Foundation has been making a difference in the science community by supporting organizations aligned to its mission. Learn more at www.avantorsciences.com/pages/en/avantor-foundation.Media ContactChristina KohDirector, Communications - AMEAAvantorM: +65 9720 0169Christina.Koh@avantorsciences.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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ONERHT Foundation raises funds for disadvantaged groups in Gentle Bones Charity Concert ACN Newswire

ONERHT Foundation raises funds for disadvantaged groups in Gentle Bones Charity Concert

SINGAPORE, Jul 26, 2022 - (ACN Newswire via SEAPRWire.com) - Local singer-songwriter Gentle Bones returned to the stage for a good cause in collaboration with ONERHT Foundation Ltd (formerly known as RHT Rajan Menon Foundation Ltd) ("Foundation"), the corporate social responsibility vehicle of RHTLaw Asia LLP and the RHT Group of Companies (collectively, "ONERHT").L-R: Mr Tan Chong Huat and ONERHT Foundation Chairman Ms Kaylee Kwok during the handoverJoining him on stage for his last ever concert in Singapore were guest artistes Tay Kewei, Charlie Lim, Linying and Benjamin Kheng who thrilled spectators at the Sands Theatre, Marina Bay Sands. In a surprise appearance, JJ Lin who was among the spectators also joined in the performance.Gentle Bones said, "It's been a great journey since I started my 'Gentle Bones' YouTube channel for acoustic covers back in 2010, and I couldn't have asked for more in my last ever concert in Singapore. By the end of the year, Gentle Bones will no longer be performing or participating in any activities locally, and I'll be officially retiring Gentle Bones in Singapore."The concert was also attended by Guest of Honour Minister for Culture Community and Youth & Second Minister for Law Edwin Tong SC, who noted ONERHT Foundation's efforts to play a part in supporting an inclusive Singapore.He said, "The Foundation has done good work over the years, to establish, inspire and encourage a philanthropic culture of giving back to the community among the corporate and legal fraternity. I hope, as ONERHT, they will continue to serve with one heart and one mind, to help the beneficiaries in our community."Newly appointed Chairman of the Foundation, Ms Kaylee Kwok, said, "Music brings people together and we are pleased to have presented this charitable collaboration with local musicians for a good cause. In particular, we are very grateful to Gentle Bones for supporting this meaningful event.""The Foundation also marks a new chapter following its renaming to reflect its evolution as a common platform for corporate social responsibility and purposeful growth for ONERHT. With the strong support of the Foundation's donors and sponsors, our Patron and Board of Directors, as well as management, lawyers and staff from across ONERHT, I will continue to advance the Foundation's initiatives and programmes across its four core pillars of education, the environment and sustainability, disadvantaged groups, as well as the arts and sports," she added."I would also like to take this opportunity to personally thank Mr Tan Chong Huat for his mentorship, guidance and encouragement during his tenure as Chairman of the Foundation," said Ms Kwok.During the handover ceremony (with Minister Edwin Tong as witness), Mr. Tan had handed over a symbolic Chinese scroll to Ms. Kwok, which read:English translation: Chong Huat and Kaylee have led the Foundation well, and, Kaylee, who succeeds him shall build on it and bring it to another level of success and splendour.Proceeds from the charity concert will help support the well-being of those hit hardest by the pandemic, such as underprivileged families, seniors, people with disabilities, and their caregivers.Funds raised through the charity concert will be used to support the FUN! Fund for Seniors (an Agency for Integrated Care initiative), PCF Sparkle Care Centres, Lions Befrienders Service Association (Singapore), Dementia Singapore Ltd, Life Community Services Society, TOUCH Community Services Limited, CaringSG Limited and It All Starts Hear.sg.ONERHT Foundation (formerly known as RHT Rajan Menon Foundation)A Singapore registered charity and grant-making philanthropic organisation, ONERHT Foundation Ltd ("Foundation") enables RHTLaw Asia LLP and the RHT Group of Companies (collectively, "ONERHT") to do right and do good through various charitable endeavours.Set up by ONERHT in 2015, the Foundation was registered as a Singapore charity by the Commissioner of Charities and a grant-making philanthropic organisation by the Inland Revenue Authority of Singapore on 16 September 2016 and 28 November 2016 respectively.The Foundation seeks to establish, inspire and encourage the right philanthropic culture among the corporate and legal fraternity of giving back to the community in a focused, hands-on and meaningful manner. Since its inception, the Foundation has raised more than S$3 million to support more than 15 beneficiaries involved in education, the environment and sustainability, disadvantaged groups as well as the arts and sports. For more information, please visit www.onerht.foundationFor media enquiries, please contact:Elliot Siow / elliot.siow@rhtgoc.com / +65 8375 0417 Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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P2E Game Metamine to Launch Official Global Service on July 25th, 2022 SeaPRwire

P2E Game Metamine to Launch Official Global Service on July 25th, 2022

Seoul, Korea, July 26, 2022 – (SEAPRWire) – The Metamine Foundation has announced that the official global service of Metamine, a play-to-earn (P2E) game developed by SYSoft and transferred to ZERO SERIES, will be launched on July 25th, 2022. This launch will make the Metamine game available to Web3 users around the world. In addition to this launch, the NFT Marketplace schedule will reveal the NFT Minting schedule in early August 2022. MTMN Coin, a commodity used in the NFT Marketplace and Metamine game, is already listed on the Oasis Exchange in Korea, with plans to be released on the global exchange in September. “The launch of Metamine’s official global service will help bring the exciting play-to-earn platform of Metamine to Web3 users worldwide. Users will be able to earn MTMN coins while playing and use these earned coins on the NFT Marketplace.” said Kang Tae-jo, Chairman of the Metamine Foundation. “Soon, our team will be releasing an Android-compatible version of the Metamine game in countries other than Korea, China, and Singapore—once this release has taken place, an iOS version will be launched along with the play-to-earn features of the Metamine platform.” Metamine is a mobile game based on AppTech that contains P2E elements that users can easily mine in mines and elements that increase profitability as they become stronger through dungeons. Through the first and second open beta tests, the company has secured more than 30,000 users and has raised expectations from users for its global official service. Through MTMN Coin, the currency that can be earned when playing the P2E Metamine game, the Metamine Foundation will add a variety of cultural and artistic content to the NFT Marketplace. To learn more about the Metamine game, go to www.meta-mine.net. Media Contact Company: Metamine Contact: Q-min Email: info@meta-mine.net Website: https://meta-mine.net SOURCE: Metamine The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)
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The HBAR Foundation and BCW Ventures Launch a Market Development Fund to Accelerate Growth on the Hedera Network ACN Newswire

The HBAR Foundation and BCW Ventures Launch a Market Development Fund to Accelerate Growth on the Hedera Network

HONG KONG, Jul 12, 2022 - (ACN Newswire via SEAPRWire.com) - The HBAR Foundation and BCW Group today announced a collaboration focused on the rapidly expanding ecosystem at the intersection of distributed ledger technology and digital assets, with an initiative that supports the development and growth of the Hedera network. Kyle Baron, Managing Partner at BCW, and his team will lead and manage an all-encompassing Market Development Fund (MDF) to onboard prominent early-stage projects looking to build on Hedera.BCW is a global fintech-focused strategy consulting and technology firm that works alongside industry-leading partners and clients to scale digital asset infrastructure, remove friction points, and enhance customer experiences to reimagine how the world does commerce. The BCW MDF furthers the HBAR Foundation's support of the Hedera ecosystem by leveraging BCW's expertise in Web3 infrastructure and experience in building scalable digital asset products for Fortune 500 clients. In collaboration with the HBAR Foundation, BCW will continue to identify, incubate, and develop innovative DLT solutions foundational to the growth of next-generation decentralised applications on the Hedera network.The MDF is looking to fund projects focusing on (but not limited to)- Web3 Infrastructure- Decentralised Finance- NFT, Metaverse, and Gaming- InteroperabilityBCW has worked closely with Hedera on a wide range of initiatives since 2018 including hashport, the first interoperability bridge connecting Hedera with the EVM world and TOKO, the enterprise grade digital asset tokenization and issuance platform. BCW has also been a proud sponsor of the Hedera Hackathon since 2020.BCW Ventures enables developers and startups to benefit from BCW's in-house technology and consultancy experts, proprietary multi-chain interoperability and data analytics solutions, and global network of industry founders and partners. BCW grant applicants benefit from the HBAR Foundation's continued technical, marketing, and operational support in addition to other members of the BCW family, like hashport, a multi-chain interoperability solution connecting the Hedera, Polygon, and Ethereum networks that makes making dApp migration and token integration to Hedera easier than ever.To apply for an MDF grant, apply online at https://www.hbarfoundation.org/apply-form and select 'BCW' from the Grant Category dropdown.About BCW GroupBCW Group is a fintech-focused strategy consulting and technology firm with a strong footprint building products & businesses in the digital assets & distributed ledger technologies (DLT) industry. Our mission is to scale digital asset infrastructure, remove the friction points & enhance the customer experience to achieve ubiquity in the utility of digital payments, web 3.0 applications & connectivity of an on-demand digital universe. Our business lines include payments, consulting, technologies, products, research and ventures. We have built products in the areas of blockchain interoperability (hashport), data-analytics (Blockpour), tokenisation (TOKO), staking and IaaS tools (Arkhia).What makes us unique is our ability to not only re-imagine and design the next generation of digital commerce, but to build the applications of the future alongside our world-class partners & clients.Learn more about BCW Ventures at bcw.group or follow us on Twitter and on LinkedIn.- Twitter: https://twitter.com/bcw_llc- LinkedIn: https://www.linkedin.com/company/bcw-group2019About the HBAR FoundationFounded in 2021, the HBAR Foundation fuels the development of the Hedera ecosystem by providing grants and other resources to developers, startups and organizations that seek to launch decentralized applications in DeFi, NFTs, CBDCs, ESGs, gaming and other sectors. In addition to providing funding through a streamlined grant process, the HBAR Foundation acts as an integrated force multiplier through expert support across technical, marketing, business development and other operational functions that are required to scale. For more information, please contact:Rufus DanielThe HBAR Foundationrufus@hbar.fundSOURCE: The HBAR Foundation Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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RHT Rajan Menon Foundation’s GAIL Sustainability Forum shines spotlight on the road to COP27 ACN Newswire

RHT Rajan Menon Foundation’s GAIL Sustainability Forum shines spotlight on the road to COP27

SINGAPORE, Jun 24, 2022 - (ACN Newswire via SEAPRWire.com) - RHT Rajan Menon Foundation Ltd held its Greening ASEAN: Initiatives & Leadership (GAIL) Sustainability Forum, bringing together sustainability experts from across industries to examine the critical challenges caused by climate change, and provide insights to champion sustainable business.Ms Kaylee Kwok, Deputy Chairman of RHT Rajan Menon Foundation, said, "We recognised the importance of sustainability to address climate change, adverse social and community impact and corporate governance issues. In response, the Foundation commissioned the setting up of the GAIL programme in 2018.""One of the objectives of the GAIL programme is to facilitate sharing of industry expertise, knowledge and practical measures so that business organisations gain the confidence and capabilities to embed and grow sustainability within their operations," she added.Following last year's COP26 Summit wherein global leaders revisited and strengthened their commitment towards taking greater actions to avoid the catastrophic effect of climate change, the theme for the GAIL Sustainability Forum 2022 is "Road from COP26 to COP27".Expert panellists discussed current trends and developments in the sustainability sphere, including sustainable finance, ESG practices within ASEAN, the transition to clean energy and sustainable packaging in fast-moving consumer goods. Now in its fourth year, the GAIL Sustainability Forum is among ONERHT's many efforts over the years in support of environmental and broader sustainability causes, and these include:2019 - Invested in AirCarbon Exchange, the world's first fully digital exchange for voluntary carbon offsets.2020 - Launched a social enterprise, RHT G.R.A.C.E. Institute, which promotes ethical leadership anchored on environmental, social and governance (ESG) principles. 2021 - Pledged its commitment to achieve net zero carbon emissions by 2030.These efforts are in line with ONERHT's belief that it is critical for businesses to embrace sustainability to meet the needs of the present without compromising the ability of future generations to meet their needs.About RHT Rajan Menon FoundationA Singapore registered charity and grant-making philanthropic organisation, RHT Rajan Menon Foundation Ltd ("Foundation") enables RHTLaw Asia LLP and the RHT Group of Companies (collectively, "ONERHT") to do right and do good through various charitable endeavours. Set up by ONERHT in 2015, the Foundation was registered as a Singapore charity by the Commissioner of Charities and a grant-making philanthropic organisation by the Inland Revenue Authority of Singapore on 16 September 2016 and 28 November 2016 respectively.The Foundation seeks to establish, inspire and encourage the right philanthropic culture among the corporate and legal fraternity of giving back to the community in a focused, hands-on and meaningful manner. Since its inception, the Foundation has raised more than S$3 million to support more than 15 beneficiaries involved in education, the environment and sustainability, disadvantaged groups as well as the arts and sports. For more information, please visit www.rhtrajanmenon.foundationIssued on behalf of RHT Rajan Menon FoundationBy www.waterbrooks.com.sgFor media enquiries, please contact:Wayne Koo / Elliot Siow+65 9338 8166 / +65 6381 6347wayne.koo@waterbrooks.com.sg / elliot@waterbrooks.com.sg Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Ultron Foundation Launches First-Ever Single Native Layer 1 Coin (ULX) SeaPRwire

Ultron Foundation Launches First-Ever Single Native Layer 1 Coin (ULX)

Dubai, UAE, June 15, 2022 – (SEAPRWire) – Ultron Foundation confirmed a long-awaited launch of the Layer 1 blockchain technology that is set to revolutionize crypto space as we know it. The introduction of the first-ever single native layer 1 coin (ULX), came as a surprise to the anticipating crypto community, for it introduced a solution that marks the next step in crypto evolution. Ultron’s vision is to become a rich ecosystem of services rather than a network of competing projects that use independently operating tokens as a substitute for a standalone system – all within the power of one cohesive Layer-1 blockchain coin. Single Native Layer 1 coin: Beginning of a New Crypto Era Crypto space is as confusing as it is exciting, and it is getting more complex by the day. This growing complexity and confusion are making it hard for regular people to get involved in crypto. Being aware of the issue of comprehension, the team behind Ultron set out a clear vision: to enable anyone, no matter their economic background and technological understanding, to participate in the future of digital assets. Following the principal idea of Geoffrey Moore’s famous book “Crossing the Chasm” the team believes it is time for crypto to cross the bridge from crypto being early adopters centric to becoming a solution for wider public. When speaking of the reality of the general public not entering crypto space, a Ultron’s representative noted: “We understand that mass adoption of any coin is not a reality, as long as the user has to acquire and hold three or more different tokens, most likely on different wallets, only to participate in simple operations like lending, borrowing, transacting and ultimately investing assets for the long term”. The instance of the general public not taking part in crypto world is bound to change with the implementation of a single native Layer 1 coin (ULX). One single ecosystem will grant its users the access to all the digital assets they require; multitude of applications and services all in one place. The mainnet launch will soon be followed by a launch of a native Ultron Swap dApp, which will be the first of many Ultron’s native dApps rolling out in the near future. Based on Ultron’s roadmap and whitepaper, their ecosystem will include various dApps, stemming from a decentralized exchange (DEX), De-Fi applications, such as farming, swapping and liquidity pools, a native NFT platform and much more. Building a wholesome ecosystem is just one side of the coin, as for an ecosystem like that to function, one needs more than just a bundle of interconnected applications. The system has to be secure and fast, while offering competitive transaction fees. Ultron, with its Proof-of-Stake consensus mechanism, offers just that. Its powerful network allows transactions to be carried out almost instantaneously and at a fraction of the cost. Having a single native Layer 1 coin also guarantees considerable savings on transaction costs, eliminating the need for a user to exchange tokens for different operations altogether. Ultron’s team acknowledges that for the majority of time crypto assets are not actively used, so their users will have an easy option to stake their ULX holdings. Staking will be easily done through a simple user interface where users will have the option to stake their ULX at will with a validator node. By doing that, they will be able to receive an APY of 5%, or lock up their coins for a period of two weeks up to 365 days for a proportional reward rate up to 13% APY. About Ultron Foundation Ultron Foundation is an emerging blockchain project that aims to offer scalability, security, and faster transaction throughputs, without compromising one for another. By adopting cutting-edge technologies and developing its native token, ULX, the team is on the fast track of becoming one of the new leaders in crypto space. Ultron Foundation is building a wholesome ecosystem that will roll out new dApps rapidly, first of them being released in the next two weeks, and even more to come at the end of the month. Social Links Whitepaper: https://ultron.foundation/about Twitter: https://twitter.com/ultron_found Instagram: https://www.instagram.com/ultron.foundation GitHub: https://github.com/orgs/UltronFoundationDev/repositories Media Contact Brand: Ultron Foundation Contact: Media team Email: info@ultron.foundation Website: https://ultron.foundation/ SOURCE: Ultron Foundation The article is provided by a third-party content provider. SEAPRWire ( www.seaprwire.com ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Indonesia, Thailand, Vietnam, Singapore, Malaysia, Philippines & Hong Kong )
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