Press Release
MVL’s TADA Mini Opens a New Era for Web3 Mobility at Token2049
Mobility blockchain company MVL (CEO Kay Woo) announced the successful launch of its Web3-based ride-hailing service, TADA Mini, at the Token2049 event held on September 18-19 in Singapore. Integrated with Telegram and TON blockchain, TADA Mini gained great popularity among more than 20,000 Web3 users in attendance, offering a seamless ride-hailing and blockchain payment experience.
TADA Mini is the first Web3 ride-hailing service that combines the extensive 300,000 driver pool of TADA, a subsidiary ride-hailing service of MVL, with MVL’s accumulated mobility blockchain technology, and the convenient infrastructure of Telegram with its 1 billion users. With the aim of creating a user-friendly experience that could lead the mass adoption of Web3, MVL and the TON Foundation have been working closely to ensure that anyone can effortlessly book a TADA ride through the TADA Mini bot in Telegram.
During the Token2049 event week, MVL unveiled an early version of TADA Mini to event attendees, resulting in an estimated total of over 15,000 passengers—around 75% of the 20,000 attendees—experiencing Web3 ride-hailing firsthand. This showcases the broad reach and accessibility of TADA Mini among global Web3 users. In particular, for international attendees, TADA Mini offered great satisfaction by simplifying what would otherwise have been a complicated process, eliminating the need for country-specific app downloads, card registrations, and phone verifications. Users were able to start trips instantly simply by connecting their Web3 wallets to Telegram.
As word spread among users, the free rides offered as a one-time promotion per user quickly ran out, and TON Coin and USDT were actively used for paid rides. One enthusiastic user even used TON Coin to book 32 rides over the course of the event week, demonstrating a high rate of repeat usage among Web3 users.
Along with the successful execution of the event, TADA Mini’s launch quickly spread online, helping secure a global audience of over 3 million potential users. Despite currently being limited to the Singapore region, the overwhelming support indicates a strong demand for Web3 mobility across different regions.
During the event period, TADA Mini also utilized its ride-hailing features to run diverse advertisements and partnerships, catching the eyes of many. Collaborations were not limited to simple banner ads but also included connecting riders to mini-games through a partnership with Blum, which has a user base of around 70 million. Additionally, TADA Mini partnered as a trip provider for about 10 major side events, including The Open Art exhibition at the National Gallery Singapore, offering innovative features like one-click destinations for attendees. Furthermore, crypto exchange Bitget hosted a special airdrop event for TADA Mini users, making TADA Mini one of the most talked-about topics at Token2049.
Moving forward, MVL plans to further enhance the utility of MVL tokens through TADA Mini. Not only can users use MVL tokens to book rides, but as more projects express interest in connecting their own tokens and wallets to TADA Mini, new utilities are expected to be introduced. For instance, companies will need to purchase and hold MVL tokens to enable their token payments in TADA Mini. Moreover, transaction fees from payments made in other tokens will be used for buybacks, ensuring that MVL tokens are continuously used and their value is reinforced over time.
Kay Woo, CEO of MVL, expressed his excitement: “We are thrilled to have successfully introduced TADA Mini to the global Web3 audience at the largest Web3 event, Token2049.” He added, “Going forward, we plan to expand TADA Mini’s services to four more countries, including Vietnam, Cambodia, and Thailand, and continue collaborations with various Web3 projects.”
After its successful debut at Token2049, TADA Mini will undergo a one-month period of enhancements, including feature improvements, expansion to new countries, and increased utility of MVL tokens. MVL is committed to presenting innovative mobility services by leveraging the strengths of blockchain technology through platforms like TADA Mini.
What is MVL & TADA?
MVL is revolutionizing mobility through blockchain. TADA, MVL’s ride-hailing service, is the second-largest ride-hailing platform in Southeast Asia, operating in Singapore, Vietnam, Thailand, and Cambodia. Launched in 2018 in Singapore, TADA has quickly grown into a popular service by introducing a “zero commission” policy and MVL token economy to benefit both drivers and passengers. The newly launched TADA Mini is a Web3 mobility service that allows users to easily book rides via Telegram and cryptocurrency, and is leading the mass adoption of Web3, gaining enthusiastic support from over 3 million Web3 users worldwide.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Hola Prime Sets New Industry Standard as the World’s Top Transparent Prop Trading Firm
New York, NY – 25/11/2024 – (SeaPRwire) – Hola Prime is proud to unveil its solutions for Prop trading. The prop trading industry has long faced issues that erode trust and hinder traders’ growth. Problems such as delayed payouts, hidden trading rules, unexpected account breaches, and unreliable price feeds have created a challenging environment, leaving many traders feeling disillusioned and unsupported. Hola Prime, however, is transforming the industry by prioritizing transparency and trader support.
In a market where delayed and denied payouts have become an unfortunate norm, Hola Prime distinguishes itself with fast, reliable, and secure payment processes. Traders at Hola Prime can choose from multiple payment methods to receive their payouts within just one hour, ensuring that their earnings are accessible when needed. Furthermore, unlike several other prop firms, Hola Prime does not charge any fee on the payouts. This prompt and no-fee payment system reflects Hola Prime‘s commitment to fairness and reliability, addressing one of the industry’s most pressing concerns. As Ashutosh Sharma, Head of Risk and Compliance, explains, “Even though we are not obliged to follow any capital market regulations, we chose to operate in a disciplinary way as it is healthy for business. Our Payout Funds Segregation policy allows us to ensure we always have funds readily available to process our trader’s payouts.” To this, he further added, “We have maintained a 99.9% payout completion rate within one hour since launch.”
Hola Prime’s commitment to transparency goes beyond efficient payouts. In an unprecedented move, the firm publishes a Price Transparency Report, a comprehensive tick-by-tick data report, comparing the price ticks on their trading platforms with the market prices advertised on TradingView to ensure complete transparency. Hola Prime’s CFO, Ms. Sumedha explains, “In a decentralized forex market, we are the first and only prop firm to provide this level of price transparency for our traders.”
One of the biggest frustrations traders face is denied payouts and the sudden closure of accounts due to hidden rules and unexpected breaches. Unlike other firms that may use these tactics to withhold payments or deny payouts, Hola Prime takes a different approach. The firm clearly outlines all trading conditions on its website, leaving no room for ambiguity.
Additionally, if a trader’s behaviour indicates that they may end up breaching certain prohibited trading rules, they receive risk alerts, enabling them to take immediate corrective action and avoid potential violations. This proactive approach underscores Hola Prime’s belief that the firm’s success is intrinsically linked to the success of its traders.
Besides this, Hola Prime has implemented a unique support system for traders who do not pass their initial challenges. Instead of being left without guidance, traders receive personalized lesson videos that review their performance and offer guidance for improvement. These detailed analyses empower traders to learn from their mistakes, refine their strategies, and better prepare for future opportunities.
Hola Prime’s commitment to transparency is further evident in its open communication practices. The firm shares detailed performance analyses with traders on their dashboard, providing insights into what worked well and what needs adjustment. This level of support helps traders closely monitor their performance and achieve success.
By addressing long-standing issues in the industry and prioritizing transparency, Hola Prime is setting a new benchmark for the industry.
Hola Prime’s CEO, Mr. Somesh Kapuria states, ” Since the launch, Hola Prime has experienced a remarkable surge in trader onboarding, with a 140% increase in new sign-ups in the first month alone.” This early momentum speaks to the trust traders are placing in Hola Prime’s transparent practices and supportive ecosystem. With its innovative solutions, Hola Prime is not just being there in the prop industry – it is revitalizing it and fostering an environment where trust and mutual success are paramount.
About Hola Prime
Hola Prime is a global proprietary trading firm renowned for its commitment to transparency. Serving prop traders across 175+ countries with access to over 50 trading instruments, Hola Prime provides a reliable and efficient trading environment. With a presence in key locations worldwide and a selection of multiple trading platforms, the firm is bringing a breath of freshness to the prop trading industry.
Social Media
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LinkedIn: https://www.linkedin.com/company/hola-prime/?viewAsMember=true
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Discord: https://discord.gg/TJ7TcHPXBf
Quora: https://www.quora.com/profile/HolaPrime/
Reddit: https://www.reddit.com/user/HolaPrime/
Medium: https://medium.com/@social_46267
Media contact
Brand: Hola Prime
Contact: Media team
Email: marketing@holaprime.com
Website: https://holaprime.com/
The article is provided by a third-party content provider. SeaPRwire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith.
Sectors: Top Story, Corporate News
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Promotional Product Experts: One-Stop Destination for High-Quality Branded Business Products Across Australia
Australia, 25th Nov 2024 – Promotional Product Experts, a leading provider of custom-branded business promotional products, is redefining how companies across Australia promote their brands. Offering a diverse range of items with professional printing and embroidery services, the company ensures businesses can create impactful and cost-effective promotional campaigns.
Whether you’re looking for a simple ballpoint pen or a large golf umbrella, Promotional Product Experts guarantees value, quality, and precision across all items. The company also offers a wide variety of branded corporate promotional materials, including keyrings, clothing and apparel, coffee mugs, bags, satchels, and more. Businesses in major cities such as Brisbane, Melbourne, Sydney, Perth, and Adelaide can benefit from these top-tier services.
A Seamless Experience for Your Brand’s Promotional Needs
Promotional Product Experts understands the importance of delivering exceptional service. The website is designed for ease of use, allowing customers to browse a comprehensive catalog of products and request quotes effortlessly. The team provides accurate artwork specifications tailored to individual items, ensuring the final product exceeds expectations.
“We pride ourselves on providing not only high-quality promotional products but also a seamless and efficient experience for our clients,” said Gavin Sekler, spokesperson for Promotional Product Experts. “From concept to delivery, we’re committed to proactive customer service and timely delivery for complete peace of mind.”
Innovative Product Offerings for Every Need
The company specializes in a variety of promotional products, including:
- Corporate Cheese Sets: Add a touch of sophistication to your branding with promotional cheese boards. Explore options at Corporate Cheese Sets.
- Corporate Umbrellas: Make a lasting impression with high-quality branded umbrellas. Learn more at Corporate Umbrellas.
These products are carefully curated to enhance a brand’s visibility while maintaining a professional image.
Reliable Delivery and Expert Support
Promotional Product Experts is committed to delivering a hassle-free experience. With a proactive customer support team just a phone call away, the company ensures businesses can navigate the entire process smoothly. Whether it’s addressing queries or assisting with artwork, the team is dedicated to providing unparalleled support.
Why Choose Promotional Product Experts?
- High-quality corporate promotional merchandise.
- Affordable and effective branding solutions for businesses.
- Proactive customer service and reliable delivery across Australia.
- Easy-to-navigate website for convenient browsing and quoting.
Businesses seeking impactful promotional products can trust Promotional Product Experts to deliver excellence at every step.
Get Started Today
Join the many Australian companies that have enhanced their brand visibility with Promotional Product Experts. Visit www.promotionalproductexperts.com.au to explore the range of promotional business products and request your quote today.
About Promotional Product Experts
Promotional Product Experts is a trusted provider of high-quality promotional merchandise, specializing in professionally branded business items to meet the marketing needs of companies across Australia. With years of experience in the industry, the company has established itself as a leader by offering a diverse range of products combined with exceptional customer service. Whether for corporate events, employee giveaways, or marketing campaigns, Promotional Product Experts delivers innovative solutions that leave a lasting impression.
Media Contact
Organization: Promotional Product Experts
Contact Person: Gavin Sekler
Website: https://www.promotionalproductexperts.com.au/
Email: Send Email
Country: Australia
Release Id: 25112420419
The post Promotional Product Experts: One-Stop Destination for High-Quality Branded Business Products Across Australia appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
DuckChain Mainnet Launch: Bridging Web2 and Web3 with ISO Innovation
Last year, Paradigm’s CTO Georgios Konstantopoulos pointed out the inefficiencies in how crypto chains and assets work together via one of his tweets. His thoughts highlighted a major issue in Web3 adoption: complexity.
This native model has become a big hurdle in mass adoption of web3. Even completing one single transaction at times requires too many complex steps Just to make a transaction on a new Layer 1 or Layer 2, a user needs to create an account, securely store the private key or seed phrase, buy gas tokens via a centralized exchange, or bridge assets from another chain-just to start interacting with the new ecosystem.
This process can overwhelm traditional users used to simple “plug-and-play”systems. Thankfully, Web3 builders are introducing “execution-free” solutions to make onboarding easier.
DuckChain: Bridging Web2 and Web3 with ISO
DuckChain is leading the way of this evolution. As the first consumer-grade Layer solution on The Open Network (TON), DuckChain introduced the innovative concept of ISO (Initial Star Offering). This allows users to convert Telegram Stars into on-chain Star assets, bridging Web2 and Web3 seamlessly.
This unique feature makes DuckChain the key to onboarding millions of Telegram users into Web3. It also connects TON with EVM and Bitcoin ecosystems, boosting liquidity and bringing developers to TON.
The market has also recognized DuckChain’s narrative and growth potential.
DuckChain’s Testnet Achievements
DuckChain’s testnet was a massive success:
- Daily Active Users: Over 2 Million on MiniApps
- Total Transactions: 29 million
- User Deposits: $2 million from Web2 users
- Paying Users: 1 Million
- Partners: Supported by 20+ partners like Arbitrum and OKX
With the mainnet launch, DuckChain is all set to accelerate Telegram’s evolution into a super app and open a portal connecting the Web2 and Web3 worlds.
ISO: Introducing Telegram Stars as Unified Gas for Chain Transactions
DuckChain, the first TON-based Layer solution built on Arbitrum Orbit, positions itself as a consumer layer. Its mission is to onboard nearly a billion Telegram users to blockchain infrastructure.
Today, most blockchains use their native tokens as gas fees which means users need different tokens for various ecosystems, which makes cross-chain transactions complicated. DuckChain solves this by creating a unified gas system through ISO (Initial Star Offering). With ISO, Telegram Stars can easily be turned into on-chain assets to pay gas fees.
DuckChain’s new mainnet supports assets for on-chain activities. Future updates will also add features like account and chain abstraction to make transactions even easier.
Telegram Star, the native token for the Telegram ecosystem, simplifies payments for services and goods. It can be purchased directly with Apple Pay or Google Pay without needing third-party platforms. Both Web2 and Web3 users can use Telegram Stars within DuckChain, making transactions simple and accessible.
This system not only connects Web2 and Web3 users but also opens doors for wider use of decentralized finance (DeFi) within Telegram’s ecosystem.
DuckChain: Enabling Telegram’s Super App Ambitions
Telegram has integrated with TON and launched MiniApps, aiming to become a Web3 super app.
However, building a mature Web3 ecosystem requires three essentials: user traffic, liquidity, and a thriving ecosystem.
Currently, the Telegram ecosystem faces 3 key challenges:
- A predominantly off-chain user base of nearly 1 billion.
- A TVL of $300M concentrated in TON and stablecoins, indicating liquidity shortages.
- Complex development frameworks which slows developer participation.
DuckChain addresses these challenges through ISO, liquidity hubs, and modular development tools.
TON’s Liquidity Hub
EVM-compatible chains currently hold 80% of the total $100 billion in DeFi, while Bitcoin assets represent a large, untapped $1.8 trillion market. TON’s ecosystem, however, faces liquidity shortages. DuckChain, built on Arbitrum Orbit, connects TON with EVM-compatible ecosystems for seamless interoperability.
Moreover, it integrates deeply with Bitcoin L2 solutions, such as Babylon, making it a crucial bridge for TON’s liquidity and value exchange.
DuckChain’s mainnet introduces solutions like multi-chain and liquidity abstraction, enabling users to pay gas fees using various tokens, including TON and Telegram Star. It also incentivizes TON staking through DuckChain, offering annual yields and facilitating liquidity flow between ecosystems.
Modular Tools for Developers
To overcome TON’s development complexity, DuckChain collaborates with Arbitrum to provide an EVM-compatible framework, simplifying the creation, deployment, and migration of applications. Developers can leverage staking, marketplaces, DID systems, and other modular tools to build scalable dApps, seamlessly integrated with Telegram MiniApps.
DuckChain has already attracted over 50 ecosystem projects, fueling early-stage growth in TON’s application layer.
Soda Lee
SOURCE: DuckChain
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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