Trustco Group Holdings Ltd (“Trustco”) has announced the findings of a recent examination of the 391.47-carat diamond recovered by Meya Mining (“Meya”) in Sierra Leone. Trustco holds a 19.5% interest in Meya, which operates under a 25-year exclusive diamond mining license in the Kono District.

The 391.47-carat diamond was part of a 515-carat rough diamond recovered in the Meya River kimberlite domain on Tuesday, 20 August 2024, in the first of 16 domains targeted by Meya. Along with two smaller fragments weighing 105.43 carats and 18.11 carats, this marks the second significant find from the region, confirming its potential as a source of high-value diamonds.

A detailed examination, conducted by Dr. Evan M. Smith of the Gemological Institute of America (GIA), confirmed the diamond as Type IIa, a classification that indicates high purity due to the absence of nitrogen. Further analysis showed the diamond is part of the CLIPPIR variety (Cullinan-like, large, inclusion poor, pure, irregular, resorbed), similar to some of the world’s most valuable diamonds.

According to the examination report, the diamond contains metallic inclusions, mainly iron-rich metals, which suggest it formed deep in the Earth, between 360 and 750 kilometers below the surface. Despite these inclusions, large parts of the stone remain clear, making it an important geological find. The discovery of this CLIPPIR diamond at the Meya mine confirms that the area contains large Type IIa diamonds.

Quinton Z van Rooyen, Deputy CEO of Trustco

Quinton Z van Rooyen, Deputy CEO of Trustco, added: “The recovery of this CLIPPIR diamond sheds light on Meya’s extraordinary geological landscape. As the diamond world contemplates the eventuality of a 5000-carat stone, our recent find indicates that Meya’s unique geology positions us well for potentially historic discoveries in the future.”

On June 5, 2024, shareholders were informed that Z Star Mineral Consultants, an independent consulting firm, estimated the in situ resource of Meya River Domain at USD 763 million. This Meya River domain accounts for less than 3% of the overall Meya Mining project potential resources. (Available here: https://tinyurl.com/2twpv78v).

Additionally, on September 2, 2024, shareholders were advised that the NI 43-101 Technical Report for the Meya Diamond Mine Project was published, offering a Preliminary Economic Assessment (PEA). The PEA showed promising economic potential with a post-tax Internal Rate of Return (IRR) of 65% and a post-tax Net Present Value (NPV) of USD 95.1 million at a 10% discount rate over a projected 7-year mine life. (Available here: https://tinyurl.com/yvy8p6xs).

These reports also noted that the estimated value of diamonds recovered from bulk samples and run of mine production of the Meya River domain which were sold at public auctions is USD 380 per carat.  This estimation excluded the sale of the 476ct Meya Prosperity diamond (USD 34 664 per carat) or several subsequent large stones found due to their distinct nature. The valuation matrix currently used to assess Trustco’s 19.5% stake in Meya Mining, at USD 110 million, may be adjusted in the future to account for these historical exceptional finds. Shareholders are advised that this could affect future valuations.

The 391.47-carat diamond was part of a 515-carat rough diamond recovered in the Meya River kimberlite domain on Tuesday, 20 August 2024

Meya Mining is now focused on improving its recovery process to prevent breakages of large diamonds in the future. The company is working with its engineering and processing partners to upgrade the plant and increase its capacity to recover large diamonds intact. This discovery strengthens Trustco’s Mining portfolio but also highlights Sierra Leone’s position as a key player in the global diamond market.

About Trustco:

Trustco Group Holdings Ltd is an investment entity headquartered in Windhoek, Namibia, which manages a diverse portfolio of investments spanning the insurance, real estate, non-deposit taking financial services, micro-finance, education, and mining sectors. Decisions are biased towards generational investment performance alongside shareholder wealth creation, and short-term hurdles are viewed as catalysts for future growth.

Since inception in 1992, Trustco’s investment portfolio has delivered strong returns with a CAGR of 68.97%, with a well-balanced asset mix, with a current average weighting of 34% in US Dollar based assets, while the remaining 66% is invested in Namibia Dollar (1 NAD = 1 ZAR) based assets. Trustco enjoys the backing of a wide range of coinvestors, including 3 610 from Namibia, 1 443 from abroad, and 94 from institutional entities.

About Namibia:

Namibia is a Southern African country with a population of approximately three million and a GDP per capita of USD 5 031 in 2022. The country is endowed with rich natural resources, with  recent major discoveries of oil and gas reserves, lithium deposits and rare earth minerals that are vital for technology demand globally, with developments also underway in its green hydrogen projects. The Namibian government has heralded these discoveries as a transformative period, holding the potential to double the nation’s GDP by 2040.

The country’s economy expanded by 4.2% in 2023 and is projected to expand by 3.7% in 2024, following a recovery of 5.3% in 2022 from the COVID-19 pandemic. With its wealth of natural resources, pro-business environment, political stability and increasingly skilled workforce, Namibia offers attractive investment prospects across all sectors.

Forward-Looking Statements:

All statements made in this media release with respect to Trustco’s current plans, estimates, strategies beliefs and other statements that are not historical facts, including statements regarding Trustco’s plans to upgrade its ADR program and the results of such an upgrade, are forward-looking statements. In some cases, you can identify forward-looking statements because they contain words such as “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” or “would,” or the negative of these words or other similar terms or expressions. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. The Company may not actually achieve the plans, intentions or expectations disclosed in its forward-looking statements, and you should not place undue reliance on these forward-looking statements. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.

Media Contact

Organization: Trustco Group Holdings

Contact Person: Neville Basson

Website: https://www.tgh.na

Email: Send Email

Contact Number: +264612754501

Address: 2 Keller Street, Trustco House

Address 2: Windhoek

City: Windhoek

State: Khomas

Country: Namibia

Release Id: 21102418730

The post MEYA MINING’S 391-CARAT DIAMOND RECOVERY MARKS MEGA CLIPPIR DISCOVERY appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

October 21, 2024 – Limassol, Cyprus – TibiGlobe, a CFD trading platform that came into the trading space in early 2024 and quickly gained traction with traders, is excited to announce completion of a new milestone: the acquisition of an investment Dealer Mauritius licence.

Acquiring the Mauritius licence from the Financial Services Commission (FSC), in addition to its existing licence from the South African Financial Sector Conduct Authority (FSCA) , strengthens TibiGlobe’s regulatory standing and allows the company to expand its partner network and serve clients in new markets with an even greater confidence. This step demonstrates the firm’s dedication to its values of integrity and transparency. The company expects to start onboarding clients on the Mauritius entity in the coming months.

“Expanding our regulatory portfolio and acquiring new licences is the cornerstone in our strategy to reach more traders and partners across the globe and serve them fairly and transparently. We are thrilled to secure the Mauritius licence. Our continued commitment to regulatory excellence allows us to deliver more security and trust for all stakeholders, our traders and partners alike” said Marinos Vassiliou, CEO of TibiGlobe.

Along with the license acquisition, TibiGlobe has unveiled a redesigned website, offering improved navigation, updated tools, and a user-friendly experience tailored to meet the needs of its growing community of traders. The fresh design reflects TibiGlobe’s vision of making trading accessible to traders of all levels.

At TibiGlobe, we have worked hard and saw significant growth this year, and acquiring this licence marks an important milestone and a logical step in our journey. My team and I are thrilled to provide our partners with enhanced support, more attractive conditions, and expanded opportunities as we continue to strengthen our offerings and global presence. We’re not stopping, and there are more updates to come!” said Eleni Nicolaou, TibiGlobe’s Head of Partnerships.

TibiGlobe’s expansion plans for Q4 include an ongoing focus on developing a global community of traders, providing educational resources, and building long-term relationships through innovative services. As part of its mission to ensure a transparent and client-centric approach, the company is excited to help traders achieve their goals with a platform they can trust.

About TibiGlobe

TibiGlobe is an FSCA and FSC licensed CFD broker committed to providing a fair, reliable, and secure trading environment. With a team of passionate professionals and strategic partnerships, TibiGlobe harnesses innovative technologies to offer a seamless trading experience. The company is dedicated to fostering a global community of traders and empowering them to achieve their financial goals with confidence. Learn more: https://TibiGlobe.com/

 

Risk Disclaimer:

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Prices can fluctuate rapidly, and past performance is not indicative of future results. Please visit our website for a full risk disclaimer.

The information provided does not constitute financial advice and should not be relied upon as such. You should seek independent advice before making any investment decision.

 

Contact Information:

Website: https://www.tibiglobe.com/

Company name: TibiGlobe

Contact Person: Sofia Mashovets

Location: Limassol, Cyprus

Email: hello@tibiglobe.com 

 

  • SPIRE is the first comprehensive smart building assessment program that empowers building owners and managers to identify, prioritize, and promote smart building performance
  • ZainTECH’’s SPIRE™ Qualified Company designation further strengthens its credibility in the smart building sector, offering strategic assessment services to clients

Junaid Mohioddin – Tech consultant at UL Solutions, Jason Pelski – Smart Building Ecosystems Commercial and Partnership Leader at UL Solutions, Andrew Hanna – CEO of ZainTECH, Jomy Joseph – Regional Director and GM – MEA at UL Solutions, Maatje Rencken – VP of Digital Solutions at ZainTECH

Dubai, United Arab Emirates, 21st October 2024, ZainTECH, the integrated digital solutions arm of Zain Group, has entered a strategic partnership with UL Solutions to become the first ICT company in the region to be designated as a SPIRE™ Qualified Company by UL Solutions. This achievement positions ZainTECH as a trusted provider and the go-to source of quality, verified smart building digital solutions, utilizing its own SPIRE™ Qualified Assessors, thereby solidifying its leadership in the smart building sector.

SPIRE, developed by the Telecommunications Industry Association (TIA) and UL Solutions, is the world’s first smart building assessment program that offers a holistic evaluation of a building’s technology and operational performance.

UL Solutions, a global leader in applied safety science, brings unparalleled expertise, allowing ZainTECH to distinguish itself as a company committed to excellence in smart building innovation. The SPIRE program evaluates building performance across six key pillars: power and energy, health and well-being, life and property safety, connectivity, cybersecurity, and sustainability. Through the SPIRE Smart Building Verified Assessment, buildings can earn a Smart Building Verified Mark, validating their advanced capabilities.

ZainTECH’s designation as a SPIRE™ Qualified Company by UL Solutions enhances its ability to serve the diverse needs of clients, further establishing its position as a prominent solutions provider in the regional smart building ecosystem.

Andrew Hanna, CEO of ZainTECH, commented on the partnership: “The smart environments—whether cities, buildings, or workspaces—are central to our portfolio of operations, and we understand the value of delivering solutions that are independently validated. Partnering with globally recognized entities like UL Solutions reinforces our commitment to providing clients with reliable, high-quality services. The SPIRE™ accreditation provides our growing customer base in the regions to achieve a third-party performance verification of their smart buildings.”

Scott Weiskopf, director of the Ecosystem and New Solutions group at UL Solutions, explained, “Smart buildings must deliver on experiences that enhance user outcomes. By assessing and validating key operational criteria of smart buildings, the UL Verified SPIRE Smart Buildings™ rating program helps verify building performance that could impact asset value. We applaud ZainTECH for becoming a SPIRE™ Qualified Company and partnering with UL Solutions to empower building owners and operators to optimize smart building innovation and operations.”

As a designated SPIRE™ Qualified Assessor, qualified ZainTECH staff are now equipped to offer building assessments, assuring clients of reliable and certified assessment services. In addition to now being a SPIRE™ Qualified Company, ZainTECH has capabilities to address industry challenges, such as aging infrastructure, maintenance backlogs, labor shortages, and operational inefficiencies, helping to create dynamic, future-ready workplaces.

ZainTECH’s digital solutions portfolio spans the entire IT stack, providing the foundation for smart, connected commercial and urban environments. Through strategic partnerships and advisory, ZainTECH has strengthened its digital solutions offerings, providing optimized infrastructure and facilities management to their customers, further demonstrating its leadership in the smart infrastructure space.

About ZainTECH

ZainTECH is a regional integrated digital solutions provider, unifying Zain Group’s ICT assets to offer a unique value proposition of comprehensive digital solutions and services under one roof. The company is positioned to drive the transformation of enterprise and government customers in the MENA region by providing a center of excellence and managed solutions across the ICT stack, including cloud, cybersecurity, modern infrastructure, big data, IoT, AI, smart cities, drones and robotics, and emerging technologies.

ZainTECH leverages Zain’s global reach, unique regional footprint, and infrastructure across its operations in Kuwait, Saudi Arabia, Bahrain, Jordan, Iraq, and the United Arab Emirates, as well as in other key markets in the Middle East.

ZainTECH forms a key pillar in the evolution of Zain’s core telecom business to maximize value and build on the company’s many strengths to selectively create and invest in growth verticals beyond standard mobile services. This ultimately supports Zain’s vision of becoming a leading ICT and digital lifestyle provider.

For more information, please visit www.zaintech.com

For any information regarding this PR please reach out to info@zexprwire.com

New York, 21st October 2024, ZEX PR WIRE, Michael R. Martin, founder of MRM Construction Services, LLC, is advocating for sustainable construction practices and raising awareness about the importance of eco-friendly remodeling in the construction industry. With nearly 30 years of experience, Michael is calling for a shift toward sustainable materials, energy-efficient solutions, and smarter building techniques to reduce environmental impact and create healthier homes for families.

“Home construction and remodeling account for a significant amount of waste and energy consumption,” says Michael Martin. “Did you know that construction and demolition waste makes up around 39% of the total waste in the U.S. alone? We can change that by incorporating sustainable practices into our projects.”

As a leader in residential remodeling, Michael has made sustainability a core part of his work with MRM Construction Services. His team regularly integrates eco-friendly materials, such as reclaimed wood, recycled metal, and energy-efficient insulation, into their projects. This approach not only reduces the carbon footprint but also results in homes that are healthier and more comfortable for families. According to the U.S. Green Building Council, green building can reduce energy use by up to 30%, showing just how impactful sustainable choices can be.

“We’ve seen that even small changes, like switching to LED lighting or using low-VOC paints, can make a big difference,” Michael explains. “These are choices that not only benefit the environment but also improve the quality of life for homeowners. Sustainable construction doesn’t have to be more expensive or complicated—it’s about making smarter choices.”

Michael encourages homeowners to consider sustainability in their remodeling projects, as it can lead to long-term savings. The Environmental Protection Agency (EPA) reports that energy-efficient homes can save owners up to 20% on utility bills annually. “It’s not just about being environmentally conscious,” says Michael, “it’s also about creating homes that are cost-effective in the long run.”

In addition to advocating for sustainability, Michael Martin is dedicated to mentoring the next generation of construction professionals. He frequently speaks at industry events, sharing insights on integrating sustainable practices into modern construction projects. “The future of construction is green,” he says. “We owe it to the next generation to build in a way that respects our planet.”

For more information about Michael Martin’s work and MRM Construction Services’ commitment to sustainable remodeling, visit https://www.michaelmartinconstruction.com.

For over two decades, Yoel Belitz has been an influential figure in the world of interior design, shaping environments with his sophisticated and innovative concepts. As the founder of Yoel’s Décor, a prominent design firm established in 2003, Belitz’s impact on the industry has been nothing short of transformative. Today, he offers aspiring designers invaluable insights on how to break into the field and thrive.

Becoming a professional interior designer is a journey that requires more than an eye for aesthetics; it demands a combination of education, creativity, technical skills, and a keen understanding of client needs. According to Yoel, who has worked closely with architects, builders, and clients on high-profile projects, the path to success in this field is marked by dedication, collaboration, and continuous learning.

The Educational Path

“Interior design is a profession that blends creativity with technical expertise,” says Yoel Belitz. “A formal education helps lay the foundation for this delicate balance.”

Missouri, USA, 21st October 2024, ZEX PR WIRE, To become an interior designer, aspiring professionals typically need a bachelor’s degree in a relevant field. While interior design programs are common, degrees in fine arts or architecture are also valuable. Students should immerse themselves in courses such as interior design, drawing, and computer-aided design (CAD) to build essential skills.

Yoel highlights that several accredited institutions offer robust interior design programs. The National Association of Schools of Art and Design accredits over 360 postsecondary colleges and universities, while the Council for Interior Design Accreditation oversees 180 professional-level programs. Additionally, specialized programs for kitchen and bath design are offered by schools affiliated with the National Kitchen & Bath Association, ranging from certificate programs to bachelor’s degrees.

“Education is vital, but so is artistic ability and creativity,” Yoel notes. “Your academic journey should complement your passion for design.”

Licensing and Certification

Licensing requirements for interior designers vary by state. Some states mandate licensure, allowing only licensed individuals to use the title “interior designer” or to perform certain tasks. For those states, the National Council for Interior Design Qualification (NCIDQ) exam is often a critical milestone. Passing this exam requires candidates to have at least a bachelor’s degree in interior design and two years of full-time work experience.

In states like California, different licensure exams exist, such as the one administered by the California Council for Interior Design Certification (CCIDC). Yoel emphasizes that staying informed about local regulations is crucial, as they can significantly impact your ability to practice.

For designers looking to specialize, voluntary certifications in areas like environmental design can set them apart and showcase their expertise. “The design world is broad, and specialization allows you to carve a niche,” says Yoel. Certifications are available through professional organizations and trade associations, adding another layer of credibility to a designer’s portfolio.

Skills that Make a Successful Interior Designer

While education and licensing are key, Yoel Belitz stresses that certain innate qualities and skills are what truly define a successful interior designer. In his own practice, which has earned global acclaim, Yoel attributes his success to a combination of artistic ability, creativity, and problem-solving skills. He elaborates:

  • Artistic Ability and Creativity: “Interior designers need to craft spaces that are both beautiful and functional. Your style must resonate with your clients’ needs and personalities,” Yoel explains. “The best designs are those that speak to both form and function.”

In his own work, Yoel is known for his playful yet deliberate use of color, textures, and arrangements, often weaving in historical and cultural influences that elevate his designs to new heights. He notes that aspiring designers should continuously hone their artistic instincts by staying informed about global trends, experimenting with different styles, and visiting art galleries and museums.

  • Detail-Oriented: Precision is crucial in interior design, especially when working with engineers, builders, and other contractors. “Every measurement, every line on a drawing must be exact,” Yoel says. “Without attention to detail, the entire project could suffer.”

Yoel’s meticulous approach to measurements and specifications has earned him a reputation for perfection, ensuring that the spaces he creates not only look beautiful but are also functional and structurally sound.

  • Interpersonal Skills: Interior design is a collaborative process. Designers must communicate effectively with clients, contractors, and other team members. “Listening to your client’s needs is just as important as offering your creative input,” Yoel advises. “A successful project is one where both the client and designer’s visions come to life harmoniously.”

Yoel’s ability to engage with clients and create bespoke environments tailored to their needs has been a cornerstone of his success. His approach emphasizes building strong relationships, which often leads to repeat business and referrals.

  • Problem-Solving Skills: Every project comes with its unique challenges, from material shortages to construction delays. “Being able to think on your feet and adapt to unforeseen circumstances is crucial,” says Yoel. His ability to navigate complex problems while keeping the project on track has made him a trusted partner for architects and builders alike.
  • Visualization: A strong sense of proportion and visual awareness is essential in design. “You must be able to envision how every piece of furniture, every color, and every texture will come together to create a cohesive space,” Yoel explains.

This talent for visualization is what allows Yoel to blend tradition with innovation, crafting spaces that are as timeless as they are forward-thinking.

Yoel’s Journey and the Road Ahead

Yoel Belitz’s own journey into the world of interior design is a testament to the power of passion, education, and hard work. Since founding Yoel’s Décor in 2003, he has garnered widespread recognition for his distinctive aesthetic and transformative designs. Drawing inspiration from his surroundings in Springfield, Yoel has mastered the art of seamlessly blending historical influences with cutting-edge innovation.

His projects span a wide range of environments, from sophisticated urban lofts to serene, nature-inspired retreats. Notably, Yoel finds personal inspiration in the tranquil landscapes of Hawaii, where the natural beauty fuels his creativity.

Looking ahead, Yoel believes that the future of interior design lies in sustainability and technology. He encourages aspiring designers to stay abreast of trends like eco-friendly materials and smart home technologies, which are reshaping the industry.

“For anyone aspiring to become an interior designer, remember that this is a field that’s constantly evolving,” Yoel says. “Keep learning, stay curious, and most importantly, trust your creative instincts.”

 

For interviews or additional information, please reach out to info@yoeldecor.belitz.org & https://yoel-belitz.com/

Revolutionizing Water Management with Smart Leak Detectors and Water Usage Monitoring Systems

Germantown, Maryland, 21st October 2024, ZEX PR WIRE, Your 1 Plumber, a leading name in residential plumbing services, is excited to announce the integration of cutting-edge smart plumbing technology into its offerings. This innovative approach includes the installation of smart leak detectors and water usage monitoring systems aimed at helping homeowners reduce water waste, prevent costly damage, and increase energy efficiency. With this step, Your 1 Plumber is aligning its services with the growing demand for smarter, more efficient homes, marking a new era in water management.

 “We’re thrilled to bring this level of innovation to our customers,” said a representative of Your 1 Plumber. “By integrating smart plumbing technology into our services, we’re helping homeowners not only protect their homes from water damage but also play a key role in reducing water waste and improving energy efficiency. It’s all about giving our customers smarter tools to manage their homes more effectively.”

With water conservation becoming a critical issue in many regions, these smart plumbing systems also contribute to environmental sustainability. The average household wastes over 10,000 gallons of water annually due to leaks, according to the U.S. Environmental Protection Agency. The installation of smart leak detectors can significantly reduce that number by detecting and addressing issues immediately. Furthermore, monitoring systems provide homeowners with usage reports that help identify inefficiencies and opportunities to reduce consumption, ultimately contributing to lower water bills and a smaller environmental footprint.

Your 1 Plumber’s smart plumbing solutions are designed to integrate into existing home automation systems seamlessly. These technologies align with the latest trends in smart homes, which are rapidly growing in popularity among homeowners looking to modernize and optimize their living spaces.

Your 1 Plumber’s smart plumbing services are now available to residents in Gaithersburg, Rockville, Germantown, and surrounding areas, bringing advanced plumbing technology into homes across Maryland. As part of its commitment to delivering exceptional service, Your 1 Plumber offers expert installation and support for all its smart plumbing systems, ensuring that customers can easily transition to these next-generation solutions.

For more information on how Your 1 Plumber’s smart plumbing technology can enhance your home’s efficiency and reduce water waste, visit the contact information below.

About Your 1 Plumber:

Your 1 Plumber has been a trusted provider of residential plumbing services in Maryland for over 20 years. The company specializes in a wide range of plumbing services, including repairs, installations, and preventive maintenance. Dedicated to customer satisfaction and innovative solutions, Your 1 Plumber continually adapts to the latest trends in home efficiency and technology.

Dubai, UAE, 21st October 2024, ZEX PR WIRE, Naqdi, the trailblazing STP broker, has made a bold statement in the UAE by securing an exclusive sponsorship of the World Trade Centre (WTC) Metro station in Dubai. This move, more than just a branding effort, represents Naqdi’s dynamic approach to expanding its presence in one of the busiest and most iconic transit hubs in the city. The sponsorship effectively turns the WTC Metro station into a landmark for Naqdi, immersing millions of commuters daily in the company’s brand and vision.

This takeover of such a prime location underscores Naqdi’s rapid ascent in the UAE financial sector. The station’s strategic location, right in the heart of Dubai’s business district, perfectly aligns with Naqdi’s ambition to position itself as the leading financial services provider for traders & partners across the Middle East. The sponsorship integrates Naqdi into the fabric of everyday life in Dubai, allowing the company to continuously engage with both residents and professionals.

Adding to its momentum, Naqdi also participated as a regional sponsor in the Forex Expo Dubai, where it showcased its cutting-edge STP trading model to a global audience of industry leaders, traders, partners and investors. This high-profile event highlights Naqdi’s strategic efforts to solidify its influence in the financial markets.

Together, the WTC Metro station sponsorship, and Naqdi’s prominent role in the Forex Expo symbolize the company’s intent to dominate not just the UAE market but the regional financial landscape, positioning itself as a leader in the forex industry.

About Naqdi:

Naqdi is a leading forex and CFD broker, dedicated to providing a personalized trading experience for traders of all levels. With cutting-edge technology and a commitment to transparency, Naqdi offers a pure STP (Straight Through Processing) trading environment, ensuring that there is no human intervention in trades. The company is licensed by (SCA) of the UAE and (FSCA) of South Africa, demonstrating its adherence to regulatory standards and dedication to providing a secure and reliable trading experience. Naqdi aims to empower traders with the tools they need to succeed and is committed to expanding financial opportunities across the region.

For more info please visit:

https://naqdi.com/

London, United Kingdom, 21th Oct 2024 – In an exciting move to expand the utility of blockchain-based digital identities, SuiAddress introduces NFT-backed domain leasing—a groundbreaking feature that enables users to tokenize their domains and subdomains and lease them out for passive income.

By merging the worlds of digital identity and non-fungible tokens (NFTs), SuiAddress offers users new ways to generate revenue while leveraging the Sui blockchain’s speed and low transaction costs.

This feature transforms traditional domain ownership into a dynamic asset class by allowing domain holders to tokenize their domains as NFTs. The tokenized domains can be leased to other users, projects, or businesses seeking branded and personalized web addresses, opening up opportunities for passive income and digital asset liquidity.

Why NFT-Backed Leasing is a Game-Changer:

• Generate Passive Income: Domain owners can earn $SUIADD tokens by leasing their NFT-backed domains and subdomains. This capability creates a new income stream for users, converting what was once a static asset into a revenue-generating tool.

• Market Flexibility and Asset Liquidity: By tokenizing domains as NFTs, users can freely trade, lease, or sell them on NFT marketplaces, providing flexibility and liquidity that is not available with traditional domain services. This added layer of functionality allows users to capitalize on the growing demand for unique and personalized digital identities.

• Opportunities for Businesses and DAOs: Organizations, DAOs, and startups can lease branded subdomains to build their decentralized presence quickly and cost-effectively. Leasing enables these entities to secure memorable and custom web addresses without the upfront cost of purchasing premium domains, making it an ideal solution for projects with limited budgets or rapidly evolving branding needs.

Transforming Digital Identity Management with NFT-Backed Domains

The introduction of NFT-backed domain leasing represents a significant leap forward for blockchain name services. By blending the concept of digital ownership with income generation, SuiAddress not only provides users with a valuable asset but also with a monetization strategy that can adapt to the needs of a changing market. This capability distinguishes SuiAddress from competitors by delivering a multi-dimensional use case for Web3 domains.

Additionally, this feature extends the benefits of the platform beyond individual users to businesses and DAOs, enabling them to leverage SuiAddress’s digital identity solutions in novel ways. Whether it’s renting domains to run decentralized applications, setting up digital storefronts, or launching community-driven projects, NFT-backed leasing offers versatile and scalable solutions for Web3 entrepreneurs.

An Innovative Approach to Domain Monetization

As the demand for decentralized identity solutions continues to grow, SuiAddress’s NFT-backed domain leasing provides a competitive edge by transforming blockchain-based domains into flexible, income-generating assets. This approach not only enhances the value of digital identities but also opens the door to new business models and revenue streams for users.

The feature is set to redefine the potential of blockchain domains, demonstrating that they can be more than just identifiers—they can be strategic assets that deliver real value.

Learn More About the Possibilities:

🌐 [Website]( Suiaddress.com

🐦 [X (Twitter)]( https://x.com/SuiAddress

💬 [Telegram]( https://t.me/suiaddressofficial

London, United Kingdom, 21th Oct 2024 – SuiAddress is set to redefine user engagement and growth strategies in the blockchain domain name services space with the launch of its staking rewards and referral program. These new initiatives are designed to incentivize participation, foster organic growth, and reward active community members, further solidifying SuiAddress’s commitment to building a robust and user-centric ecosystem.

The staking rewards program allows $SUIADD token holders to lock up their tokens in return for attractive rewards, which are distributed based on the duration and size of the stake. This system not only generates passive income for participants but also encourages long-term commitment to the platform. In addition, stakers gain access to exclusive features and benefits, such as premium domain extensions, discounted registration fees, and priority access to early NFT drops.

Key Features and Benefits of Staking:

• Earn $SUIADD Tokens: Users who stake their tokens receive regular $SUIADD rewards, with higher staking amounts and longer locking periods yielding increased returns. This model incentivizes users to participate actively in the platform while generating steady income.

• Boost Governance Influence: Staking tokens also enhances users’ voting power in DAO proposals. By staking $SUIADD, participants can increase their say in governance matters, including decisions related to treasury management, feature additions, and platform upgrades. This dual-purpose staking program encourages users to become more involved in shaping the platform’s future.

• Access Premium Features: High-stakes participants unlock additional benefits such as access to exclusive domain extensions, early NFT launches, and discounts on future services. These incentives add value to the staking experience, making it a more attractive option for users looking to maximize their engagement with the platform.

Driving Growth with the Referral Program

To further expand its reach, SuiAddress has introduced a referral program that rewards existing users for bringing new participants into the ecosystem. By sharing unique referral links, users can earn token-based rewards when their referrals sign up and complete specific actions on the platform, such as staking tokens or registering a domain.

The referral program not only rewards users for their efforts but also promotes organic growth by encouraging word-of-mouth marketing. This community-driven approach helps attract more users to the platform, thereby increasing adoption and engagement.

The Dual-Incentive Model for Sustained Ecosystem Growth

The combination of staking rewards and the referral program is designed to create a self-sustaining growth cycle. As more users stake their tokens and participate in the referral program, the platform’s user base expands, resulting in higher activity levels and a stronger network effect. This growth, in turn, drives further innovation and improvement on the platform, benefiting all participants.

By implementing these initiatives, SuiAddress demonstrates its commitment to continuously rewarding its community and ensuring that the ecosystem remains dynamic and user-focused.

Join the Community and Earn Rewards:

🌐 [Website]( Suiaddress.com

🐦 [X (Twitter)]( https://x.com/SuiAddress

💬 [Telegram]( https://t.me/suiaddressofficial

🎁 [Participate in the Airdrop](https://t.me/SuiAddressBot

2,000 USDT Bonus, Game Packs, and Poll Rewards Up for Grabs as Revolutionary Mobile Racing Game Prepares for Next Phase

SpeedX, the revolutionary casual gaming from within the Telegram app is now out of alpha phase and ready for an exciting beta launch. Before a new level is to be started, players are given the chance to collect great rewards and enjoy diverse exciting community-oriented activities paving the way for what is expected to be a game-changing project in the world of mobile gaming and GameFi.

Alpha Test Conclusion and Massive Rewards

The SpeedX alpha test  came to a close, marking a significant milestone in the game’s development. To celebrate the success of this phase and reward its dedicated testers, SpeedX was offering an impressive array of incentives:

  • A 2,000 USDT bonus pool:
  • Massive game packs:

Players who participated in the alpha test can claim their rewards by visiting the official SpeedX Telegram bot @SpeedXgameBot (https://t.me/speedXGamebot).

Upcoming Beta Launch and Potential Airdrop

To add to this, SpeedX public beta is set to be released on October 24th, 2024. This next phase promises to bring even more exciting features and improvements to the game, including:

  • Enhanced graphics and smoother gameplay
  • New race tracks and environments
  • Additional car models and upgrade options
  • Improved matchmaking for asynchronous racing
  • Refined economic model for in-game rewards

The development team hints that the airdrop mechanics will reward both skilled players and active community members, incentivizing engagement with all aspects of the SpeedX ecosystem.

Community Engagement and Rewards

To further engage the community and educate players about the game mechanics, SpeedX has launched an interactive poll. The poll asks players to identify the factors that determine coin rewards in the game:

A. Car Level  B. Time to Complete the Race C. User’s Game Level D. All of the Above

Each participant in the poll has a shot at one of 5 winners that will get 10 USDT each for a total of 50 USDT. It is also an extra chance for players to learn more about the game and, at the same time, make some money.

SpeedX delivers real GameFi to the masses: the rousing experience of competitive high-speed racing with actual collisions and asynchronous gameplay. In terms of gameplay, SpeedX innovates a fundamental new interface that allows the players to merge two less effective cars into a more powerful one, boost the gaming dynamics and, ultimately, increase the chances of getting valuable bonuses.

Key features of SpeedX include:

  1. Merge and Upgrade System: Players can combine cars to create higher-level vehicles, up to level 160.
  2. Performance-Based Rewards: Higher-level cars offer faster acceleration and increased earning potential.
  3. Passive Income Generation: Cars generate coins even when players are offline.
  4. Asynchronous Racing: Players compete against each other’s best times on various tracks.
  5. Play-to-Airdrop Mechanics: Future airdrops will consider players’ performance and in-game assets(Coins & Diamonds).
  6. Dynamic Racing Environments: SpeedX is developing a variety of racing scenarios, including sky-high tracks, cliff-side sprints, and urban racing environments. These diverse settings will challenge players’ skills and keep the gameplay fresh and exciting.

Innovative Economic Model

SpeedX’s in-game economy is built around two primary currencies:

  1. Coins(Gold): Used for purchasing new cars and upgrades. Coin is generated passively by owned vehicles and can be earned through races and completing daily tasks.
  2. Diamonds: A premium currency required for speeding up coins production and potentially influencing future airdrops. Diamonds can be earned through exceptional race performance and special events.

This dual-currency system creates a balanced economy that rewards both active play and strategic resource management.

Future Developments

Exciting plans for SpeedX include:

  • F1-Style Track: SpeedX is considering the addition of an F1-style track to the game. Players are encouraged to start collecting Coins and Diamonds now to purchase entry tickets for this thrilling future feature.
  • Collaborations with Top Car Brands: Discussions are underway to bring licensed car models into the game.
  • Global Racer Alliance: Plans for a player-driven governance system are in motion.
  • Extreme Racing Scenarios: The team is working on implementing physics-defying race tracks.
  • Enhanced Social Features: Upcoming updates will introduce clan systems, friend challenges, and global tournaments.

To participate in the game and claim rewards, players can interact with the Telegram bot @SpeedXgameBot.

For more information about SpeedX or to join the racing action, visit Telegram Channel: SpeedXNews, Telegram Community: SpeedXGame

About SpeedX:

SpeedX is a cutting-edge mobile racing game built on the Telegram platform, offering players a unique blend of high-speed action, strategic gameplay, and innovative reward systems. With its play-to-airdrop mechanics and plans for asynchronous racing, SpeedX is set to revolutionize the casual gaming landscape.

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