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Finaura, A New Platform Tackling Digital Asset Management Challenges

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The issue of actual ownership is still a major worry in a time when digital assets are growing in value. In order to overcome this obstacle, 17-year-old developer Jefray Ding has unveiled Finaura(https://www.finaura.io/), a newly launched blockchain-based platform designed to revolutionize user control and asset transfers.

Released recently, Finaura quickly gained traction and on October 20 secured the top spot on Product Hunt, a popular platform for discovering new tech products. Using blockchain technology, Ding’s solution aims to provide what he calls a more secure and adaptable method for managing digital wallets and exchanging assets.                                                                                                                                               

“It’s time to move beyond centralized platforms that control your online assets, freeze your accounts, and limit your digital freedom. ” said Ding, the teenage founder of Finaura. “I designed this platform to give people greater control over their digital presence, whether it’s cryptocurrencies, gaming items, or social media accounts.”

The digital asset landscape is undergoing significant changes as users seek greater control over their online possessions. Industry analysts point out that major tech companies such as Meta (formerly Facebook) and Tencent typically maintain control over users’ social media accounts, gaming profiles, and personal data. These companies argue that while users can access their services, they do not own the underlying accounts or data.

This policy has led to a situation where users with large social media followings or high rankings in online games are unable to transfer or monetize their digital achievements. Despite these restrictions, sources report a thriving gray market for such accounts, driven by high demand for social media profiles with substantial followings and gaming accounts with valuable achievements.

While some third-party trading platforms have emerged to facilitate these transactions, experts note that these solutions are often costly and inefficient. This situation, according to digital rights advocates, undermines users’ ability to fully benefit from their digital assets.

In response to these challenges, there is a growing interest in decentralized solutions. Proponents of decentralization argue that it eliminates the need for central authorities, enabling direct peer-to-peer interactions. In the context of digital assets, this approach could allow users to manage and trade their assets freely without interference from large corporations.

Blockchain technologies, particularly Ethereum, are central to this movement. Blockchain is described as a secure, distributed ledger that records transactions and manages digital assets through digital wallets. These wallets not only store cryptocurrencies but also serve as accounts for accessing decentralized applications in finance, gaming, and social media. Advocates of this technology claim that in these ecosystems, no single entity has the power to freeze assets or limit actions.

However, blockchain experts point out that traditional Ethereum wallets have limitations. They typically depend on permanent mnemonic phrases—sets of words that function as master passwords—to access the wallet. This reliance, according to security analysts, makes transferring or selling a wallet risky, as anyone with the fixed mnemonic phrase can access all assets within it.

Addressing these issues, Jefray Ding has introduced Finaura, a platform that utilizes smart contracts—self-executing programs on the blockchain that automatically perform transactions when specific conditions are met. Ding claims that by removing the need for mnemonic phrases, Finaura makes it easier and safer for users to manage and transfer their digital assets without compromising security.

“Our goal is to simplify the process of managing and transferring digital assets,” Ding explains. “We believe this can open up new possibilities for users in various digital ecosystems.”

In addition to its wallet system, Finaura offers a decentralized trading platform for wallet accounts and NFTs. Ding states that while traditional NFT rental solutions typically require users to provide large deposits or obtain approvals, Finaura streamlines this process by enabling collateral-free NFT leasing.

Industry watchers noted that users are looking for improved tools for managing their digital assets as blockchain technology develops further. They draw attention to the fact that traditional wallets frequently have trouble handling complicated transactions and don’t offer complete data control. Ding claims that by providing increased flexibility, autonomy, and security, Finaura’s smart contract wallet solves these issues.

By focusing on secure wallet and asset transfers, Finaura aims to pioneer true digital asset ownership. Ding believes his platform empowers individuals to take control of their online assets, from gaming profiles to social media accounts, potentially marking a shift from centralized platforms to a decentralized approach where users have greater control over their digital identities.

The emergence of decentralized platforms marks a potential shift in the digital asset landscape. As users increasingly seek control over their online presence, the industry continues to adapt, exploring new ways to balance security, efficiency, and user autonomy in the digital realm.

 

Finaura’s Expanding Market Applications

Finaura’s flexible in-game asset management, especially with regard to NFTs, is poised to transform blockchain gaming. Players frequently own valuable in-game assets that they want to trade or lease in the expanding blockchain gaming industry. By employing smart contracts to automatically return rented assets to their original owners at the conclusion of rental periods, Finaura streamlines this procedure while maintaining security and dependability. This mechanism serves players who want to have short-term access to expensive products without having to make large upfront purchases, such high-level characters or virtual equipment for competitions. By allowing asset owners to lease goods without giving up ownership, the platform increases market activity and liquidity while also providing a new source of income.

In the social media sphere, Finaura is positioned to revolutionize platform economics by bringing cutting-edge approaches to managing digital assets and identities. In addition to cryptocurrency, users can now transfer social data, interaction history, and accomplishments. This is especially useful for people who want to sell or lease social media accounts with sizable followings. Users are able to maintain control over the intrinsic worth of their accounts thanks to this mechanism. This also holds true for wallets that contain high-ranking blockchain gaming achievements.

By enabling multiple asset transaction methods, Finaura breaks away from traditional platform constraints, expanding the possibilities for asset trading across various markets. Whether in the NFT space, Blockchain gaming, or the burgeoning SocialFi market, Finaura provides users with enhanced options and convenience, driving the continued growth of the decentralized ecosystem.

Finaura offers potential answers to problems that have long irritated users as it joins the expanding decentralized digital asset management market. Finaura may open the door for a wider use of decentralized platforms by resolving ownership and security concerns. Even while the platform provides revolutionary technology, the full potential of these solutions in a quickly changing digital environment is still unknown. As with any new technology, industry watchers predict that broader user adoption and the ongoing growth of the decentralized ecosystem will be key to its long-term success.

Finaura Official Website: https://www.finaura.io/

Finaura Official Twitter: https://x.com/finaurawallet

Media Contact

Organization: Finaura

Contact Person: Jefray Ding

Website: https://www.finaura.io/

Email: Send Email

Country: United States

Release Id: 26112420424

The post Finaura, A New Platform Tackling Digital Asset Management Challenges 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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Press Release

2024 International Short Video Competition Breaks New Ground in Global Audio-Visual Communication

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The 2024 International Short Video Competition has successfully concluded its call for submissions. As of November 30, a total of 4,452 works were submitted, with creators from 60% of the countries and regions worldwide. The total exposure of related topics across the internet has surpassed 1.5 billion views.

This year’s competition featured a series of promotional activities reaching international campuses across the globe, with efforts expanding into markets in Asia, Europe, North America, and other regions. These activities have greatly enhanced the international exchange and cooperation in the film and television industry, significantly boosting global audio-visual influence. Notable progress was made in international communication and overseas promotion, with three key achievements standing out:

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Firstly, a diversified international communication channel has been established. By inviting individual creators, bilingual bloggers, domestic and international audiovisual production and broadcasting institutions, film and media schools, as well as renowned influencers and talent agencies from around the world, the competition has attracted creative talents from various fields and levels. This includes significant participation from overseas universities, international students, and others, effectively capturing the attention and influence of the youth demographic. As a result, a large number of works with diverse formats and topics have been collected.

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Secondly, a comprehensive cultural exchange platform has been established. Relying on international campus promotional activities, the competition has provided overseas students and foreign youth with opportunities to gain a deeper understanding of both Chinese and foreign cultures and international exchanges, thus sparking their creative inspiration. During the promotional events at KyungHee University, Rangsit University, and the University of Barcelona, students expressed strong interest in the overseas competition themes. Many of them stated that they would create works in creative formats such as Vlogs, animations, and documentaries. This promotional opportunity has also ensured the quality of the competition submissions.

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Thirdly, an efficient overseas communication model has been expanded. By fully leveraging the experience gained from organizing the competition, the influence of various platforms has been activated. Through showcasing stories of Sino-foreign friendship, cultural differences, and win-win cooperation opportunities, as well as the concept of a shared human destiny from a Z perspective, the competition has established a distinctive international audio-visual brand image using abundant overseas resources. Prior to the promotional events, the release of information about the overseas competition attracted the attention of international creators and subscribers, creating a favorable atmosphere for offline promotional activities. From “cloud” to reality, the progressive promotion of Sino-foreign audio-visual works’ international communication has facilitated cultural exchange through enjoyable audio-visual experiences.

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The international campuses have brought together students from different countries and regions, inspiring each other through their creative work and fostering a deeper understanding and respect for different cultures. By participating in and promoting the competition, students are able to further develop their short video creation skills, cross-cultural communication abilities, and awareness of international communication. With the perspective and creativity of international students, the competition has unearthed a batch of short video works that are more in tune with international audiences and easier to understand and accept. These works effectively showcase the charm of Sino-foreign cultures and the achievements of social development, enhancing the competition’s international appeal and influence.

In addition to reaching universities in South Korea, Thailand, Spain, and Russia, the international youth exchange roadshow is still ongoing. Although the submission phase has ended, the journey of Sino-foreign cultural exchange continues. With innovative communication formats and strengthened cultural identity, the 2024 International Short Video Competition is still on the way!

Media Contact

Company Name: Shandong Running Shell Culture Media Co., Ltd.

Contact Person: Sun Ke

State: Shandong Province

Country: China

Website: https://isvc2024.e.cn.vc/Registration

Email: sunke@gufumedia.com

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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.

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Press Release

Marcella Named America’s 7th Fastest-Growing Fashion Brand By The 2024 Inc. 5000

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Ranking On The List For The Third Straight Year, Marcella Ranks No. 577, Overall, Among The U.S.’ Fastest-Growing Private Companies.

NEW YORK, NEW YORK, United States, 27th Dec 2024, Marcella, a mission-driven, ethical and sustainable designer fashion brand, has been ranked as the 7th fastest-growing fashion brand in the U.S. on the recently announced 2024 Inc. 5000 list, the most prestigious data-driven ranking of America’s fastest-growing private companies. Achieving 780% growth from 2020 to 2023 with minimal outside investor capital, Marcella also ranked on the list as America’s 44th fastest-growing consumer products company and as America’s 577th fastest-growing company, overall. Moreover, Marcella ranked as the fastest-growing retailer in New England (where it is headquartered) for the past three years.

Founded by husband-and-wife duo Siyana and Andy Huszar, Marcella’s “minimalism with an edge” clothing, shoes and accessories are designed in New York and handcrafted in Europe. Core to the brand’s DNA is a commitment to advancing women and girls across the brand’s every aspect (design, production approach, sustainability, and social impact).

“Being ranked as America’s 7th fastest-growing fashion company is a testament to our incredible team and the uncompromising passion we bring daily to revolutionizing fashion for the benefit of women and girls globally,” said Siyana Huszar, Co-founder and Chief Creative Officer of Marcella.

Marcella takes a holistic approach to sustainability that not only drives its mission but its profitability. The brand’s innovative “just-in-time” production model minimizes the global fashion industry’s typical inventory waste, enabling Marcella to sell over 90% of what it makes at or near full price and dramatically reducing the company’s ecological footprint. This efficiency results in exceptional capital savings and enables Marcella to be ethical, sustainable and socially impactful in its approach. Its original, designer essentials have a superior price-to-quality ratio. Every individual involved in the production of any Marcella piece enjoys a truly living wage, generous benefits and free health care. And, for every order Marcella sells, the company supports three days of school for a marginalized girl around the world in partnership with CAMFED, the celebrated global NGO revolutionizing how girls’ education is delivered.

“To think that Marcella has been able to profitably achieve such ongoing growth while mainly bootstrapping is humbling,” added Andy Huszar, Co-founder and CEO of Marcella. “We’re honoured to be recognized by the Inc. 5000 for the third straight year and excited to continue delivering ethical, sustainable and socially impactful fashion within reach.”

The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. “Congratulations to this year’s honorees for growing their businesses fast despite the economic disruption we all faced over the past three years,” commented Mike Hofman, Inc. editor-in-chief.

About Marcella

Marcella is a mission-driven, omnichannel women’s fashion brand offering designer essentials within reach. NYC designed and European handcrafted from locally sourced fabrics and trims, Marcella fashions itself as ethical, sustainable and socially impactful, where every major facet of the company’s operation benefits one central mission: advancing women and girls globally. At the heart of this approach is a partnership with CAMFED, the celebrated global NGO revolutionizing how girls’ education is delivered. Since 2021, Marcella has supported over 910,000 school days for needy girls.

Contact: andy@marcellanyc.com

Website: www.marcellanyc.com

Instagram: www.instagram.com/marcellanyc

More about the Inc. 5000

Based on financial data analysis, the 2024 Inc. 5000 ranked companies according to percentage revenue growth from 2020 to 2023. To qualify, companies must have been generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. The entire Inc. 5000 can be found at  http://www.inc.com/inc5000.

Media Contact

Organization: Marcella

Contact
Person:
Andy Huszar

Website:

https://www.marcellanyc.com/

Email:

andy@marcellanyc.com

Contact Number: 16468605689

City: NEW YORK

State: NEW YORK

Country:United States

The post Marcella Named America’s 7th Fastest-Growing Fashion Brand By The 2024 Inc. 5000 appeared first on
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It is provided by a third-party content
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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.

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Press Release

Gul Khan Truck Art Introduces A New Line of Products in Magnets

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Karachi, Sindh, Pakistan, 27th Dec 2024, Grand Newswire – Gul Khan Truck Art, a name synonymous with preserving Pakistan’s rich cultural heritage, proudly expands its offerings with a stunning addition to its lineup: bottle openers and fridge magnets with motifs taken from the spectacle of traditional truck art. These are some of the most interesting products because they combine both purpose and artistic vision, recontextualizing what it means to decorate a space with utility products.

Celebrating the Category: Bottle Openers and Magnets

Magnetic Bottle openers and fridge magnets are common items that are not much thought of when it comes to home décor or functional art, but Gul Khan Truck Art brings beauty to these mundane items. These items are not only functional in use but they also embody the spirit of Pakistani culture making them objects far beyond being tools.

Why Support Artistic Bottle Openers and Fridge Magnets?

Cultural Relevance

Bottle openers and fridge magnets with the artworks resembling that of trucks are not just simply useful items: they are communicative. All of it embodied the complex geometric designs, vibrant colors and traditional Pakistani designs that are now synonymous with the moving art of Pakistani trucks.

Utility Meets Aesthetics

We are no longer in the era where the bottle opener was just an object. This category combines the actual need for bottle openers and the desire for having fridge magnets with a beautiful and eye-popping design. Used on a fridge or used anywhere in the kitchen, they automatically become such points of conversation.

Versatile Appeal

That is why fridge magnets and bottle openers are extremely useful when combined as they are with the items. They are well suited for use in homes and are good gift accessories for people who enjoy art and culture. They come with lively hues to fit every place, from traditional or contemporary kitchens to rural houses.

Handcrafted Excellence: 

All these are handmade by professional workers and this makes every product to have a unique style, quality workmanship and a little imagination.

Functional and Stylish: 

As well as being perfect for opening bottles, these are also fridge magnets, combining practicality with a stylish aesthetic that will fit any home.

Perfect Gift Choice: 

These products being uniquely designed and culturally significant, they are the perfect gifts to give to friends and families or anyone interested in Pakistani artistry or traditional designs.

Availability

The new collection of bottle openers and fridge magnets are now available at Gul Khan Truck Art online store and the physical stores present in Dolmen Mall Clifton, Karachi and Emporium Mall, Lahore. Through national door-to-door delivery, international shipping, customers from all over the world can take a piece of culture from Pakistan.

About Gul Khan Truck Art

Gul Khan Truck Art is one of the leading entities in the field of restoration and continuation of Pakistan’s truck art culture. Popular for its beautiful colors, designs, and cultural symbols, the brand showcases the cultural side of the society through hand crafted items that are both useful and beautiful to behold. By purchasing and promoting true truck art designs from the under privileged local artisans, Gul Khan Truck Art makes sure that many more such works are in the pipeline, thus bringing a touch of pride and tradition to homes across the world.

Contact Information

For more details, visit our website or reach out to:

Website: gulkhan.pk

Instagram: @gulkhantruckart

Facebook: Gul Khan Truck Art

TikTok@gulkhantruckart

LinkedIn: Gul Khan Truck Art

Phone: +92 321 2682533

Experience the Fusion of Tradition and Functionality with Gul Khan Truck Art’s Latest Collection!

Media Contact

Organization: Gul Khan Truck Art

Contact
Person:
Ali Gul

Website:

Home

Email:

team.gulkhan@gmail.com

Address:Head Office, 4th Floor, 22C, 10 Lane, Bukhari Commercial, DHA, Phase-6, Karachi

City: Karachi

State: Sindh

Country:Pakistan

The post Gul Khan Truck Art Introduces A New Line of Products in Magnets appeared first on
Grand Newswire.
It is provided by a third-party content
provider. Grand Newswire makes no
warranties or representations in connection with it.

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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