Dubai, United Arab Emirates–(Vehement Media. – December 24, 2021) – Simba Storage, the first token in the world released for Satoshi Bitcoin, receives a crypto storage license from DMCC (UAE Free Economic Zone). The project is a partner of TRES OTC DMCC, which received the first cryptocurrency trading license in Dubai. Following in the footsteps of a partner company, Simba Storage, based in Switzerland, Liechtenstein and the UAE, has received a trading license that will legalize its cryptocurrency storage services in Dubai, UAE. Simba is currently the first Bitcoin-backed token that has an official storage license.

                      Simba Storage

Receiving legal acceptance is a significant step in the project’s development, as evident from Binance’s recent announcement of receiving a trade license in Dubai. CZ, the CEO of Binance, also recently said in an article that he believes that a crypto company cannot grow without a legal foundation. To that extent, being legally compliant will add to the merits of Simba Storage.

Simba Storage aims to become a leading crypto bank and crypto storage facility in the industry and has already established its presence by achieving several foundational milestones already. They began their development in October 2019 as a self-funded organization and have developed exponentially in the last two years.

One of the unique selling points of Simba Storage is their ability to restore access to a user wallet even if the seed phrase is lost, using the KYC procedure. This feature is unique to Simba Storage, as other cold crypto storage facilities cannot facilitate that. Moreover, the project has a diversified number of locations where the crypto is stored, including UAE, New Zealand, Liechtenstein and Switzerland. To further ensure its security, the cold storage is based on a multi-signature algorithm.

Simba Storage aims to develop an institutional-grade cold storage technology ecosystem to promote the global adoption of cryptocurrencies using a safe, simple and secure platform for users with or without knowledge and experience. To that end, the project offers a variety of features including the minting of SIMBA tokens to send to the users when transferring Bitcoin to the storage.

Moreover, SIMBA is backed by Bitcoin in the following ratio: 1 SIMBA = 1 Satoshi. The user can use the SIMBA token (ERC 20 token) while their Bitcoin is safely stored at a secure facility. When the user wants to withdraw their Bitcoin, they can simply send back SIMBA tokens and receive equivalent Bitcoin.

Apart from the SIMBA token, the project also offers SIMBA Storage Token (SST). SST is a utility token of a limited distribution company and has a dynamic price that grows as the project develops. The token’s price has already increased by 2000% in one year since its first listing in July 2020.

The crypto industry in the UAE is slowly gaining momentum to become a hub in the crypto-verse. Moreover, the legalization of services such as TRES’s OTC Trade License and Simba Storage’s Storage License is boosting the popularity and reliability of cryptocurrencies globally.

About Simba Storage

Simba Storage is an industrial grade cold storage facility for Bitcoin based on a multi-signature algorithm. Its storage bins are located in four countries: Switzerland, Liechtenstein, UAE, New Zealand.

Simba Storage Token lies at the heart of the storage and works on the basis of the blockchain Ethereum ERC-20 standard. It provides liquidity and convenience, as users can move, exchange and withdraw it within 24 hours.

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Media Contact:

Contact Person: Alena Detkina
Email: partner@simba.storage
Website: https://simba.storage

Dubai, United Arab Emirates–(Vehement Media. – December 24, 2021) – With the successful launch of Uno Re’s Risk Investment dApp – where the protocol raised 500K USDC in less than a week, Uno Re is all set for the launch of their V2.

                             Uno Re

With the announcement of their revamped V2, the crown jewel of their next launch will include the Cover Portal, which will scan the user’s wallet, detect insurable assets within, measure potential risks using an AI-based algorithm and allow users to instantly purchase coverage for any token in their crypto wallet.

To fund the policies sold on the Cover Portal as well as add to the utility of their token $UNO, the team has decided to launch two new native staking pools, Single-Sided Reinsurance Pool (SSRP) and Single-Sided Insurance Pool (SSIP), for users to stake and enjoy $UNO in APRs of up to 50% and 90% respectively.

Their accompanying Synthetic Pools, SySSRP and SySSIP, will allow users to earn premium rewards where:

  • 10% of all premium rewards will be given to stakers of the SySSRP
  • 70% of the premium rewards will be given to stakers of the SySSIP
  • 20% of the rewards will be used to buy back $UNO from the open market to then burn, making $UNO a sustainably deflationary asset.

Uno Re is also the first insurance protocol to venture into the metaverse and explore various possibilities of insuring users’ digital assets such as their weapons, houses, land and more. To add on, the protocol is also looking forward to becoming tenants in their partners’ metaverses to build their own insurance shops to further sell policies to users within the metaverse.

With this upcoming launch, Uno Re is all set to revolutionise the crypto ecosystem. To be a part of it, join the first of their 5 Testnet and Bug Bounty programmes here.

About Uno Re

Uno Re is the world’s first decentralised insurance and reinsurance platform, allowing the community to invest and trade in ‘risk’ and receive sizable returns on their investments in one of the safest asset classes in the world. The platform will break barriers to entry for the retail investor by doing away with the historic pre-requisite of absurdly high capital generally needed to invest into the market while also introducing much-needed transparency into the industry as a whole. Uno Re will also allow the community to propose innovative insurance products to the space, thus propelling a new generation of Insurtech companies powered by the Uno Re ecosystem.

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Company Contact details:

Company Name: Uno Re
Contact Person: Misbah SP
Contact Person Title: Content/Marketing Ops
Twitter: @Misbah6SP
Company E-mail: misbah@unore.io
Website: unore.io

PR Contact:

Name – https://www.linkedin.com/in/sourav-ghosal-nca/
Website – www.newscoverage.agency
Email – touch@newscoverage.agency
Telegram – https://t.me/souravghosal_NCA

 

CoverCompared revolutionizes the insurance industry by providing a frictionless insurance marketplace for crypto as well as traditional insurance products.

Dubai, United Arab Emirates–(Vehement Media. – December 24, 2021) – CoverCompared is introducing a platform where users can pick and choose from a pool of insurance protocols customized according to their needs, in exchange for a host of various cryptocurrencies. This is the first time users can purchase varying insurance policies (including Life, Health, Travel, etc.) using their crypto tokens. The company has recently rebranded from PolkaCover to CoverCompared with a vision to align insurance purchases with the core principles of decentralized technology, making it globally accessible to everyone.

                          CoverCompared

Partnering with global insurers such as Nexus Mutual, Insurace, Protect4Less (who are backed by AXA, Swiss Re, Arch Re), a plethora of insurance products are offered that provide coverage for traditional as well as crypto-based assets. Users can also utilise their token $CVR to make payments and stake in their staking program. The company recently launched on the Polygon network where users can insure their assets on the Ethereum chain and Polygon Network, making them the first DeFi multi-chain insurance aggregator.

As the project prepares for their testnet and bug bounty program to go live on 20th December, users now have a chance to interact and engage in their soon-to-be-launched dApp, to understand the various services that are being offered. Users can sign-up through the following link tinyurl.com/3n4wyh3r to participate.

The company continues to pioneer in the field of decentralized finance by introducing never-seen-before innovations with the sole goal of enabling ease of access to insurance for a larger audience. For more updates, follow the company on twittermediumtelegram and github.

Company details:

Company Name: CoverCompared
Contact Person: Kunal Sadani
Contact Person Title: CEO
Company E-mail: kunal@covercompared.com
Website: covercompared.com

PR Contact:

Name – https://www.linkedin.com/in/sourav-ghosal-nca/
Website – www.newscoverage.agency
Email – touch@newscoverage.agency
Telegram – https://t.me/souravghosal_NCA

Redefining the crypto space by leveraging the best of the NFT and DeFi world to build a market-leading protocol.

Dubai, United Arab Emirates–(Vehement Media. – December 24, 2021) – TribeOne, the first AI-powered NFT & DeFi funding platform with groundbreaking lending, investing and borrowing options, announces the launch of testnet for the world’s first NFT & DeFi-funding platform. This seamless platform provides users access to NFT lending products, innovative DeFi products, zero-to-low collateralized loans, saving & investing products through a single platform.

                             TribeOne

One of the most promising and forward-thinking projects in the NFT and DeFi space, TribeOne has transformed every aspect of the traditional financial system, now giving access to a borderless and inclusive ecosystem levelling the playing field for many.

Launching their first instant NFT lending dApp, their primary focus is to offer simplified NFT-funding solutions construed within a user-friendly, all-in-one interface. TribeOne gives users access to a wide range of NFTs through their various marketplace integrations AI-based risk-assessment for instant loan approvals, and a convenient payment processing system. Eventually, the protocol aims to become an aggregator of various digital collectibles that also offers innovative financing solutions for users to invest within.

Preparing for their revolutionary mainnet launch – while their ongoing testenet and bug bounty programme is a skyrocketing success with over 14k+ testnet entries – this project continues to break new grounds in the NFT and decentralized financial space by delivering and building innovative products with the sole purpose of making a completely consumer-centric ecosystem.

Company Contact details:

Company Name: TribeOne
Contact Person: Mehdi Suleman
Contact Person Title: CEO
Company E-mail: mehdi@tribeone.io
Website: tribeone.io

PR Contact:

Name – https://www.linkedin.com/in/sourav-ghosal-nca/
Website – www.newscoverage.agency
Email – touch@newscoverage.agency
Telegram – https://t.me/souravghosal_NCA

Zug, Switzerland–(Vehement Media. – December 24, 2021) – The Velas team is constantly working to add more features to the blockchain itself. However, this is not the only way to make the perfect project shine brighter. Team optimization processes play a very important role in each organization. Long and fruitful debates led to the appointment of Farhad Shagulyamov, the co-founder of the company, as the new CEO.

                 Farhad Shagulyamov

“I really appreciate the trust of the Velas team and our community. For me, this is an opportunity to contribute to the development of the Velas blockchain itself and the expansion of the Velas ecosystem globally. We have ambitious plans to increase our presence and lead the way in various different areas, including NFTs, DeFi, Metaverse, and more,” said Farhad Shagulyamov, newly appointed CEO of Velas.

This repositioning is the next step in the company’s development, as Alex Alexandrov becomes Velas CIO (Chief Innovations Officer). Both the CEO and the CIO will continue to work together for the prosperity of Velas and its ecosystem.

About Farhad Shagulyamov

Shagulyamov has the same vision of decentralization as Alex Alexandrov. He was at the heart of Velas when the project was launched and continued to make significant contributions to Velas’ development through his activities in his previous position. Together with Alexandrov and the rest of the Velas team, they have managed to create a decentralized distributed ledger with the highest speed and the lowest fees.

Shagulyamov’s path to the blockchain niche started in 2016 when he became a cryptocurrency investor and started a technology company in China. This invaluable experience allowed him to make a huge contribution to developing the idea of Velas and establishing the project. The partnership with a wealth management company in Switzerland led to the creation of the first ISIN, the first cryptocurrency international security identification number.

About Alex Alexandrov

The founder of Velas, Alexandrov, is well-known for founding the Coinpayments service. However, his expertise in the financial sector is not limited to this payment gateway. Even before he started his blockchain career, Alexandrov was a trader with a background in investing in various assets, including derivatives.

His 15+ years of experience in IT allowed him to build Coinpayments (a cryptocurrency payment processor accepting Bitcoin, Litecoin, Ethereum and many other altcoins) and lead a team of top engineers, entrepreneurs and marketers to create the fastest blockchain network.

About Velas

Velas is a developer-friendly blockchain ecosystem with smart contract functionality, designed as the infrastructure for a new generation of services, platforms, applications and games. While there are plenty of other blockchains with the same purpose, Velas outdoes most of them in speed and transaction price.

Velas is based on improved parts of the Solana code. Additionally, Velas engineers have decided to add the Ethereum Virtual Machine feature to allow developers to quickly deploy any Ethereum decentralized application on the Velas platform.

High speed (75,000+ TPS), cost-effective transactions and scalability are not the only positive factors that attract both developers and end-users. Velas has launched a grant program to stimulate teams to contribute to the further expansion of the Velas ecosystem.

The Velas team plans to make 2022 even brighter for its users. Please visit the media links below to get the latest news.

Media Contact

Company Name: Velas
Contact Person: Press Office
Website: https://velas.com/
Email: press@velas.com
Telegram: https://t.me/velascommunity
Twitter: https://twitter.com/VelasBlockchain
LinkedIn: https://www.linkedin.com/company/velas-ag/
Dammstrasse 16, 6300 Zug, Switzerland

Tallinn, Estonia–(Vehement Media. – December 23, 2021) – Genevra Associates is launching its flagship fund, Jean Calvin, in the first half of 2022 to reform the wealth management industry and increase access to services that were previously enjoyed by few to everyone.

The hedge fund aims to revolutionize wealth management by offering the same strategies and hedging techniques previously available only to the select few who have easy access to it. The fund is named after the influential French theologian and reformer, Jean Calvin. The firm borrows its name from the city Calvin adopted as his home, Geneva or Genevra in the Romansh language.

“2021 has been the year of opportunities for the outsiders, and we are keeping the momentum going. Technology has created a level playing field for everyone,” said Shah Farsi, the Director and Founder of Genevra. “Wealth should not be a barrier. Genevra places great emphasis on transparency, and we are pioneers in digital technology that will allow everyone to achieve and thrive no matter their geographical location.”

The fund is already setting itself apart from the traditional industry by eliminating the standard 2% management fee structure and focusing on performance-based incentives. This fundamental shift fully aligns the fund’s management and the investors’ interests and defines a new scheme for the financial industry to follow.

Genevra is also working with partners to incorporate all forms of wealth including digital assets such as Cryptocurrency and the fast-emerging NFTs. By being inclusive and democratic, Genevra will be a revolutionary fund to the investing process.

“In today’s challenging markets, tactical allocation and hedging are the key to protect and build generational wealth in a short span of time,” said Irfan Khan, partner and digital economist at Genevra. “Hedging has not been invented only to protect the piggy banks of the wealthy, it can be democratized and utilized for all investors. The new standards we are building will drive change globally for a better and more sustainable wealth distribution.”

The fund offers downside protection as each position is fully hedged and maximum drawdown is capped, which makes the investment vehicle ideal for reasonable investors wary of market crashes and sudden fluctuations.

Genevra has also developed a proprietary and red-tape-free onboarding process which enables fast access for clients from around the world.

“The first rule of capital appreciation is not losing money, and we often come across investors who are either not converting their labor work into financial capital or are making very poor and unhedged choices. When it comes to investments, as the generation who grew up with the ideas of occupying Wall Street and creating equal opportunities, we’ve been working hard on establishing a new kind of hedge fund, a good and honest hedge fund, the hedge fund of the citizens,” said Shah Farsi.

Genevra Associates KYC white list on-boarding process is open right now, clickhere.

More information about Genevra Associates, the fund, and its philosophy can be found on LinkedIn or www.genevra.net/jcfund.

Media Contact:
Genevra Associates OÜ
Kristiine Linnaosa, Keemia 4, 10616,
press@genevra.net

Giving businesses exclusive high-yield, short term investments without requiring membership, commission or annual fees

Miami, Florida–(Vehement Media. – December 22, 2021) – Disruptive MCA, a fintech company is thrilled to announce the launch of its new investment program for businesses. Driven by the passion to inspire the innovative process of small and midsize businesses, Disruptive MCA’s new investment program is targeted at giving businesses the opportunity to have access to exclusive high-yield, short term investments traditionally reserved for institutions. The new investment program caters to registered businesses in United States looking for high-yield investment and short-term investment. It is focused on enabling Small and Medium-sized Businesses (SMBs) to get the opportunity to participate in the MCA industry and expand their possibilities without the need to establish a Merchant Cash Advance company from scratch.

The Disruptive MCA’s new investment program involves a process where SMBs that want to invest and create passive income can have the opportunity to do so by becoming a Buyer Member on the platform. Buyer Members will be able to earn fixed factor rates of up to 1.18x on their deal purchases, they can select the type and quantity of deals they want to buy with terms of as little as 12 weeks per deal to get started. Buyer Members also get to enjoy an investment program for businesses that requires no membership, commission, or annual fees.

With this new Investment Program, business owners aside from getting the grand opportunity of investing in a merchant cash financing, will enjoy multiple benefits including a simple application process which is conducted on the company’s website for business owners to become Buyer Members. They will also get the benefit of selecting the type of MCA deal they want from a wide range of options. This is in addition to receiving weekly payouts where weekly automated payouts are paid into client’s bank account based on their active MCA deals.

The online investment platform which is easy to navigate and works on any smart device, also comes with easy account management where business owners can get full transparency and control over their account and deals. The new investment offered by Disruptive MCA also uses the latest security measures and protocols, including two-factor authentication, to ensure that clients enjoy 24/7 security while partaking in a high-yield investment.

All of these are part of Disruptive MCA’s goal to break the barriers of entry by leveraging their financial knowledge, industry experience, and technology to Small and Medium-sized Businesses giving them access to its profitable MCA deals in a secure and friendly environment.

About Disruptive MCA

Disruptive MCA is a fintech company set on providing SMBs with funding solutions and investment opportunities. The company uses a client-first approach in taking out all the hassle of securing financing for small businesses. With a wide experience in business funding, combined with in-depth knowledge and tailored options, Disruptive MCA provides the right guidance through the process of small business funding. It also focuses on unlocking exclusive access to investment opportunities where small businesses can become Buyer Members and earn high returns through a simple application process, flexible deals and automated payments without hidden charges.

For more information on Disruptive MCA’s new investment program, visit their website – https://investing.disruptivemca.com/

Media contact details

Company Name: Disruptive MCA
Location: Miami, Florida, United States of America
Contact: 844-586-0742
Email: support@disruptivemca.com

Copenhagen, Denmark–(Vehement Media. – December 22, 2021) –   VG Pecunia Limited, a leader in the actuarial and strategic consultancy services business unveiled its aggressive growth plan and goals for 2022 under CEO David Monies.

                  VG Pecunia Limited

With mere weeks left to the end of 2021, it is widely expected businesses would be winding down to fine-tune plans for the coming year. However, in the case of VG Pecunia Limited, the ambitious expansionist strategy formulated by CEO David Monies, is likely to keep management and staff busy, even as the year-end festive season beckons.

Under the expansionist strategy adopted by VG Pecunia Limited, the company will move towards increasing its global footprint through the establishments of partnerships and making its products and services, particularly the VG SPORT Program available in markets worldwide.

The company has stated that it intends to leverage on partnerships to expand its footprint in the Asia-Pacific as well as North American region, covering 10 countries and jurisdictions by the end of 2022.

VG Pecunia Limited’s CEO, Mr. David Monies whose wealth of corporate experience include working in the area of Pensions and Retiree health plans, performing valuation and product development activity at a number of insurance companies for diversified product lines including Marine, Property & Casualty as well as overseeing underwriting performance, clearly understands the importance of broadening the company’s customer base through market expansion in order to remain competitive and thrive in the long-run.

As such, Mr. Monies has placed a strong emphasis on market growth and ensuring the company’s position as a leading actuarial services firm since his appointment as the company’s CEO. At the same time, he is known within the actuarial industry as a very meticulous professional who takes risks in a measured and calculated manner.

Implementation of VG Pecunia’s market expansion strategy will be overseen by its Chief Marketing Officer, Mr. Benjamin Huang. Mr.Huang possesses extensive experience and has an outstanding track record in the financial industry, particularly in the Fintech and Venture Capital sectors. Additionally, Huang is also known as an effective marketing network manager.

While conquering markets globally, VG Pecunia Limited has also been careful to continue to maintain its pre-eminent position in the field of technical and professional expertise, particularly when it comes to the application of cutting-edge technologies such as Artificial intelligence (AI), Data Science, algorithms, Cutting-edge Software analytics and Blockchain in business operations.

“We are pursuing growth but at the same time, there will be no let-up in the quest to strengthen and broaden our capabilities. We are specifically excited about our key goals and we believe that 2022 will see us deliver excellent results in both financial and operational terms. These are very exciting times for all VG Pecunia’s stakeholders” said Mr. Monies.

Media Contact:

Company: VG Pecunia Limited
Name: David Monies
Email: customerservice@vgpecunia.com
Website / URL: www.vgpecunia.com

XT.com, a well-known cryptocurrency exchange, is celebrating Christmas for its uses with a special $1,000,000 prize pool campaign for NFT mystery boxes.

Victoria Mahe, Seychelles–(Vehement Media. – December 22, 2021) –  XT.com, the world’s first socially infused digital asset trading platform, has decided to reward its loyal community with this special Christmas bonus NFT campaign since 2018. NFTs have grown in popularity since the advent of the metaverse, with trading volume increasing 38,000 percent year on year to $10.7 billion in the third quarter of 2021, according to DappRadar, a company that helps people track NFTs and other decentralized assets.

               XT.COM Christmas Party

The XT.com Christmas event, also known as XTmas, is intended to thank its loyal community for their support. When asked about the XTmas event, Weber Woo said, “In the past three years, we at XT.COM have been grateful for the loyal support from our community,” announcing the XTmas event. “We want to use this special event to spread some holiday cheer and capture some of that holiday magic for our traders.”

This event will be used by XT.com to launch its first mascot and NFT mystery boxes. Users can win amazing NFTs by completing simple tasks such as trading, making deposits on XT.com, and opening a futures position.

The XT.com Christmas event will begin on December 19, 2021, at 16:00 UTC. The XT mascot NFTs, which will be released in the first quarter of 2022, are also available in this event, with 100 out of a total supply of 10,000 distributed during the XTmas event. Other projects, including WSPP and APRIL, have also expressed their support for the XTmas event, with their special gifts available in the mystery box campaign.

                  XT.COM Bonus Pool

XT.COM Exchange, founded in Seychelles in 2018 and headquartered in Singapore, is the world’s first socially infused digital asset trading platform. The platform offers a wide range of trading options, including coin transactions, leveraged transactions, over-the-counter transactions, and credit card purchases of coins.

More information about the XTmas event can be found at this link:
https://www.xt.com/activity/christmas

Media Contact:
MediaX Agency
contact@mediax.agency

San Francisco, California–(Vehement Media. – December 22, 2021) – Haku-Ryu is an anime project built to bridge the meme lovers of the BSC with the anime lovers of ETH. An aggressive marketing campaign will be strategically implemented with advertising choices to achieve maximum impact in the large DeFi space.

                                        Haku-Ryu

Haku-Ryu is a community-driven DeFi project built on BSC Network:

  • Haku-Swap – Decentralized finance (DeFi) application allows users to exchange tokens, providing liquidity via farming/staking and earning fees in return.
  • Play to Earn Game – P2E endless runner Multiplayer Minigame. Anime-style games are popular among players from every background. Players will be able to connect their wallets & receive tokens through a reward system.
  • NFT – Haku-Ryu will have a unique collection of limited edition original NFTs of 200 items.

$RYU Token is a decentralized token built on the BSC Network:

  • 3% of every transaction is automatically transformed into Liquidity Pool for Pancakeswap.
  • 8% of every transaction is allocated to the Marketing / Development Wallets.
  • 1% Goes to Development Team Wallets.
  • TechRate audits Haku-Ryu Smart contract

This token has no reflections or rewards, so it is not hurting the chart with sells for rewards, is very compatible with TOP tier exchanges, and will be taken more seriously in the long run.

Find out the latest information from the Haku-Ryu project and join their community on the links below:

Website: https://haku-ryu.me/
Twitter: https://twitter.com/HAKU_RYU_TOKEN
Telegram: https://t.me/HakuRYUofficial

Media Contact:
HAKU-RYU LTD
Admin@haku-ryu.me

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