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Hamdan bin Mohammed launches Ignyte, a DIFC-curated digital platform set to accelerate over 100,000 start-ups and entrepreneurs toward global growth

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3 months ago

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  • Ignyte is a key initiative under the Dubai Digital Economy Strategy, designed to drive exponential growth of start-ups across industries
  • The DIFC-curated platform provides start-ups with the tools to scale faster and more effectively, making it the ultimate growth hub for the region
  • Ignyte connects start-ups and founders with investors, mentors, corporate organisations and governments entities.
  • Ignyte aims to become the go-to platform for 100,000 start-ups and entrepreneurs, connecting them with 5,000 VCs and Angel Investors, 5,000 mentors and experts, and 500 corporate and government partners
  • The platform will also feature 5,000 exclusive perks and offers on its Marketplace, delivering total savings of over USD 100mn.
  • Ignyte will also offer digital competitions for start-ups and entrepreneurs through “Ignyte Challenges”

Dubai, UAE, 24th October 2024, ZEX PR WIRE, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, Chairman of Dubai Executive Council, and Chairman of the Higher Committee for Future Technology and Digital Economy, today announced the launch of Ignyte, a dynamic digital platform designed to empower the next generation of start-ups and entrepreneurs on their journey toward global growth.

Curated by Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA) region, Ignyte is set to become a cornerstone of the Dubai Digital Economy Strategy, empowering over 100,000 start-ups and entrepreneurs. As part of Dubai’s ambition to become a global epicentre for entrepreneurship, the platform connects founders with a global network of investors, mentors, corporate organisations, and government entities, creating a comprehensive growth ecosystem.

To maximise the benefits for start-ups joining the platform, Ignyte aims to significantly expand its offerings by attracting 5,000 VCs and investors, 5,000 vetted mentors and experts, over 500 corporate and government partners, and 5,000 exclusive perks. These perks will collectively help start-ups save more than USD 100mn.

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His Excellency Essa Kazim, Governor of DIFC, said: “Ignyte represents a significant step forward in Dubai’s digital economy mandate and aligns with a core pillar of DIFC’s Strategy 2030, which is centred around enabling companies to grow faster than the market by focusing on innovation. By providing a global platform for start-ups to connect, innovate, and grow, DIFC is reinforcing Dubai’s position as a leading hub for entrepreneurship and technological advancement.”

Arif Amiri, Chief Executive Officer of DIFC Authority and member of the Dubai Higher Committee for Future Technology and Digital Economy said: “DIFC continues to advance Dubai’s reputation as a global leader for technology and innovation. Ignyte is the latest initiative that demonstrates our unwavering commitment to Dubai’s Digital Economy Strategy which aims double the contribution of the digital economy by 2032. Through Ignyte we will enable start-ups to contribute more to our economy and empower them to play a more significant role in a digitally-driven society.”

Ignyte empowers start-ups and founders at every stage of their growth journey, from initial development to global expansion. By providing access to experienced mentors and industry experts who have navigated similar challenges, entrepreneurs can gain invaluable guidance. Through the platform, start-ups can also connect with potential investors, participate in networking events, and tap into exclusive offers that provide significant cost savings. Ignyte bridges the gap between entrepreneurs and key stakeholders, including corporate organisations and government entities, creating opportunities for collaboration and innovation.

Ignyte also features a growing marketplace that offers exclusive perks and deals tailored for start-ups, ranging from productivity tools, cloud credits to CRMs and services. With plans to expand this selection to 5,000, the AI-powered marketplace provides personalised recommendations, helping start-ups find offers that are not available elsewhere. Additionally, it connects vendors with the start-up community, opening doors to new opportunities in an untapped market.

Additionally, the platform also introduces Ignyte Challenges, a competitive space for data scientists, AI enthusiasts, and innovators to showcase their skills. Ignyte Challenges will feature competitions in cutting-edge sectors such as AI, machine learning, and advanced technology, providing participants with opportunities to collaborate globally. Participants will have the opportunity to engage in AI challenges, with prizes awarded to top performers.

Additionally, investors who are on Ignyte can receive direct pitches from start-ups, enabling them to discover opportunities aligned with their investment criteria. By facilitating community engagement and event participation, the platform connects investors with mentors, entrepreneurs, and corporate leaders, addressing networking barriers and streamlining due diligence processes. This creates a vibrant ecosystem where both investors and start-ups can thrive, bridging gaps in funding and identifying innovative solutions.

Ignyte’s event feature is open to all community members, enabling start-ups to promote their own events and invite both the Ignyte community as well as the public. Members can organise their own events, while also viewing and attending events hosted by others.

Dubai’s strategic focus on encouraging innovation, advancing technology development, and digital transformation has given entrepreneurs and start-ups a solid foundation to thrive. Dubai was ranked second for ecosystem value within the Middle East and North Africa region and fifth among top 10 emerging ecosystems by early-stage funding amount in the Global Start-up Ecosystem Report 2024. The Emirate achieved a perfect score of 10 in funding, reflecting its robust early-stage funding and investor activity, and five unicorns. Well-developed infrastructure, broadening connectivity, and cultural diversity the emirate has enriched the start-up ecosystem.

Start-ups can register for Ignyte now at: Ignyte.ae

About Dubai International Financial Centre

Dubai International Financial Centre (DIFC) is one of the world’s most advanced financial centres, and the leading financial hub for the Middle East, Africa, and South Asia (MEASA), which comprises 77 countries with an approximate population of 3.7bn and an estimated GDP of USD 10.5trn.

With a 20-year track record of facilitating trade and investment flows across the MEASA region, the Centre connects these fast-growing markets with the economies of Asia, Europe, and the Americas through Dubai. 

DIFC is home to an internationally recognised, independent regulator and a proven judicial system with an English common law framework, as well as the region’s largest financial ecosystem of 43,800 professionals working across over 6,150 active registered companies – making up the largest and most diverse pool of industry talent in the region. 

The Centre’s vision is to drive the future of finance through cutting-edge technology, innovation, and partnerships. Today, it is the global future of finance and innovation hub offering one of the region’s most comprehensive FinTech and venture capital environments, including cost-effective licensing solutions, fit-for-purpose regulation, innovative accelerator programmes, and funding for growth-stage start-ups.  

Comprising a variety of world-renowned retail and dining venues, a dynamic art and culture scene, residential apartments, hotels and public spaces, DIFC continues to be one of Dubai’s most sought-after business and lifestyle destinations. 

For further information, please visit our website: difc.ae, or follow us on LinkedIn and X @DIFC. 

For media enquiries, please contact: 

Nivine William | Nisha Celina

Burson | bursonglobal.com

nivine.william@bursonglobal.com | nisha.celina@bursonglobal.com

Rasha Mezher | Dubai International Financial Centre Authority  

Manager, Marketing & Corporate Communications

+9714 3622451

Rasha.Mezher@difc.ae

Hussain AlZaabi | Dubai International Financial Centre Authority

Manager, DIFC Innovation Hub

hussain.alzaabi@difc.ae

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Press Release

LFG Inc. Partners with GlobiancePay to Launch the LFG Debit Card with Staking Rewards

Published

7 hours ago

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January 12, 2025

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LFG Inc., a leader in bridging decentralized and traditional finance, has partnered with GlobiancePay to launch the LFG Debit Card. This innovative debit card allows users to seamlessly spend their digital assets at any merchant that accepts debit card payments worldwide, including ATM access, making it a powerful tool for integrating cryptocurrency into daily transactions.

GlobiancePay to Launch the LFG Debit Card

GlobiancePay is a NeoBank that offers a comprehensive suite of services for businesses of all types.

GlobiancePay’s wide range of banking, payment, and financial features empower businesses with digital and traditional payment solutions that can be tailored to specific needs. Additional business features include; Tokenized securities, securities launchpad, and business ‘Cloud Banking’ with direct deposits. Quick-access deposit widgets, white-label services, and customizable card programs enable businesses to incorporate their distinct brand identity onto customized cards and white-label products.The LFG Debit Card introduces an exciting new feature: access to the Gala Staking Program. Black Card holders can now stake $GALA tokens, unlocking rewards and deepening their engagement with the Gala ecosystem.

Uniting Web2 and Web3 for Practical Adoption

Oliver Marco La Rosa, CEO of GlobiancePay, shared his excitement for the partnership:

“Our collaboration bridges reliable financial infrastructure with the versatility of Web3. Together, we’re making it simpler and safer for users to utilize their digital assets in everyday transactions.”

Jason ‘Bitbender’ Brink, CEO of LFG, noted:

“The LFG Debit Card, in partnership with GlobiancePay, is a significant step toward mainstream crypto adoption. This card brings the practicality of crypto to people’s daily lives, powered by the transparency and security of blockchain technology.”

Three Card Options to Suit Every User

Designed for diverse user needs, the LFG Debit Card offers three options, each benefiting the Gala ecosystem through GALA token burning:

– LFG Black Card: A premium card offering exclusive benefits, including access to the Gala Staking Program, fee-free global transactions, and a sleek, professional design.

– LFG Orange Card: A physical card for everyday convenience, supporting seamless crypto-to-fiat transactions worldwide.

– LFG Virtual Credit Card: A digital-first card perfect for online shopping and contactless transactions, offering instant issuance and global usability.

Key Features

  1. Gala Staking Rewards: Black Card holders can stake $GALA tokens to earn valuable rewards, fostering community engagement and amplifying user incentives.
  2. Global Acceptance and ATM Access: Usable at any merchant that accepts debit cards, with full ATM access worldwide.
  3. Enhanced Security: Visa-backed multi-layered security ensures every transaction is protected with features such as real-time fraud detection and multi-factor authentication.
  4. Flexible Loading Options: The card supports a variety of cryptocurrencies, including Bitcoin, Ethereum, $GALA, Tether USDT, Solana, and more. Each card type offers unique fee structures tailored to user needs.

A New Path for the Gala Staking Pool

A portion of each crypto loading fee will be directed to the Gala staking pool, enhancing rewards for users while contributing to the ecosystem’s growth. This model underscores LFG’s commitment to aligning with Web3 principles, creating a cycle of value and utility for the Gala community.

With Visa’s global network and GlobiancePay’s expertise, the LFG Debit Card empowers users to seamlessly integrate cryptocurrency into their daily lives, combining the ease of Web2 with the transformative power of Web3 technology.

For More Information

Visit: https://debit.lfg.inc/support-form

Join our community on Discord for the latest updates and to connect with other users.

Refer to our step-by-step guide: Complete Guide to Getting Started with LFG Cards

Media Contact:

Contact person: Oliver larosa (CEO)

Email: olr@globiancepay.com

Website: www.globiancepay.com

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Press Release

SCHOLAR RECEIVE NOMINATIONS FOR A NOBEL PRIZE IN PEACE AND LITERATURE

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1 day ago

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January 11, 2025

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Dr. Thomas Luke, Ph.D., received a double nomination for the prestigious 2025 Nobel Prize in Peace and Literature.

Prof. Luke’s articles have appeared in peer-reviewed academic journals including The Doctrine of Eternal Security: A Reflection on Perseverance of the Saints and Geography of the Bible: Exploring the Physical and Historical Context of the Old Testament Scriptures.

The Least of These, second edition: has received the 2025 Nobel Prize in Peace Nomination, and his Ph.D. dissertation, Transformational Theology, has also recently been nominated for the 2025 Nobel Prize in Literature Nomination.

“I am humbled to have been nominated for such a prestigious prize, even if I do not win. I also want to thank my loving wife and ministry partner Johana for being another great blessing in my life.

Luke and his wife Johana Carolina Sopacua, MA work together as ministry partners in Bali, Indonesia where they were recently married in October 2024. The nominations for the Nobel Prize in Literature and Peace serve to underscore their dedication to doing good works the world over.

For more information, please visit Dr. Luke’s website: DrLuke.tv  

About the Nobel Prize Organization

The Nobel Foundation is tasked with a mission to manage Alfred Nobel’s fortune and has ultimate responsibility for fulfilling the intentions of Nobel’s will.

www.nobelprize.org

Media Contact

Organization: DrLuke.tv

Contact Person: Dr. Thomas Luke, Ph.D.

Website: https://drluke.tv/

Email: Send Email

Contact Number: +17868330570

City: Miami

State: Florida

Country: United States

Release Id: 11012522419

The post SCHOLAR RECEIVE NOMINATIONS FOR A NOBEL PRIZE IN PEACE AND LITERATURE 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

Riema Labs Inc. (Nubit) Unveils Goldinals: The Unified Protocol for Bitcoin Assets

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1 day ago

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January 11, 2025

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Summary: Riema Labs Inc. (Nubit) introduces Goldinals, a Bitcoin-native token protocol designed to unify fragmented asset standards, enable programmability, and bring trustless innovation to Bitcoin.

Grand Cayman, Cayman Islands – Bitcoin’s growing ecosystem has given rise to various meta-protocols like BRC-20, Ordinals, and Runes, creating a fragmented and often inefficient environment for digital assets. Riema Labs Inc. (Nubit), a pioneer in Bitcoin-native infrastructure, has unveiled Goldinals, a unified protocol for Bitcoin assets, a trust-minimized fungible token standard that promises to unify these protocols and bring advanced programmability to Bitcoin, all while adhering to Bitcoin’s core principles of security and decentralization.

What Is Goldinals?

Goldinals is a unified protocol for Bitcoin assets.

Bitcoins unmatched security has solidified its dominance, but its lack of global state and native programmability has limited its utility for asset issuance. Protocols like BRC-20 and Ordinals rely on off-chain indexers, introducing inefficiencies and trust issues.

Goldinals eliminates these pain points by bringing two advancements:

  1. A unified, trust-minimized protocol that allows seamless interoperability across existing standards like BRC-20, Ordinals, Runes, and CAT. Developers no longer need to design fragmented, one-off solutions for new assets.
  2. Native programmability powered by BitVM, enabling the on-chain execution of advanced logic such as token gating, multi-signature wallets, and conditional transfers–all without sacrificing Bitcoin’s core principles of security and decentralization.

For developers, Goldinals offers an ERC-20-inspired API—Deploy, Mint, Transfer, and Burn–making it intuitive to create scalable applications. For users, Goldinals ensures that all operations are validated directly on-chain, delivering a seamless, secure, and unified experience for Bitcoin-native assets.

Unifying Bitcoin’s Asset Ecosystem

Bitcoin’s asset ecosystem has become a tangle of competing protocols, each with its strengths and limitations. BRC-20, for example, enabled native tokens on Bitcoin but relies heavily on centralized indexers for state management, creating vulnerabilities. Ordinals revolutionized data inscription but offers limited programmability. Other protocols, like CAT, require changes to Bitcoin’s consensus rules, which makes widespread adoption impractical.

Goldinals solves these problems by unifying Bitcoin’s asset ecosystem into a single standard that combines compatibility, security, cost-efficiency and scalability. Key features include:

  • Full compatibility with existing protocols like BRC-20 and Ordinals, ensuring that developers don’t need to reinvent the wheel to build new features.
  • Interoperability across applications, enabling seamless integration of both current and future innovations.
  • Trust minimization, achieved by validating every operation directly on Bitcoin using zero-knowledge proofs (ZKPs) and BitVM, eliminating reliance on centralized services or external indexers.
  • Reduced transaction costs and improved scalability, powered by ZKPs for state compression and BitVM for off-chain computation. This ensures even complex operations are efficient, cost-effective, and secure.

Goldinals creates an environment where wallets, exchanges, and developers can operate without fragmentation, turning Bitcoin into a cohesive platform for decentralized finance, token issuance, and programmable assets.

Goldinals: The Gold Standard for Bitcoin Assets

Goldinals doesn’t merely address Bitcoin’s current challenges–it redefines its future. By combining trust minimization, native programmability, and ecosystem unification, Goldinals enables applications and assets that were previously unimaginable on Bitcoin. From trustless crowdsales to DeFi protocols, Goldinals is paving the way for Bitcoin to become the ultimate platform for decentralized innovation.

As Bitcoin’s ecosystem continues to expand, Goldinals is set to become the definitive standard for fungible tokens, driving adoption and innovation across the network.

To learn more about Goldinals and explore the full research, check out the detailed whitepaper here: https://www.nubit.org/Goldinals.pdf

About Riema Labs Inc. (Nubit)

Building the Trustless World Computer for Bitcoin.

Founded by UCSB professor Yu Feng, Riema Labs Inc. (Nubit) is building the Trustless World Computer for Bitcoin, enabling open scaling through Bitcoin-native technology. Riema Labs Inc. (Nubit) lets developers build any native application, onboarding the world to Bitcoin. Backed by Polychain.

X (Twitter): https://x.com/Nubit_org

Linktree: https://linktr.ee/Nubit_org

Company Name: Riema Labs Inc.

Contact Person: Xavier Teh

Contact Email: Xavier@riema.xyz

Website Link: https://www.nubit.org/

Company Logo: Riema Branding Resources

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Cloud PR Wire

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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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