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PathAI Announces Launch of AI-based Measurement of Metabolic Dysfunction-Associated Steatohepatitis ("AIM-MASH") on the AISight Image Management System

PathAI

PathAI, a global leader in artificial intelligence (AI) and digital pathology solutions, is proud to announce the launch of its AIM-MASH 1 product on the AISight Ⓡ 1 Image Management System (IMS). This product provides advanced AI-based measurement (AIM) to support the analysis of MASH Clinical Research Network (CRN) Metabolic Dysfunction-Associated Steatotic Liver Disease (MASLD) Activity Score (MAS) component grades and fibrosis staging. The launch of AIM-MASH on AISight aims to increase the reproducibility and scalability of pathologists' assessments and management of MASH cases, which are projected to reach 27 million in the US alone by 2030 2. PathAI's AIM-MASH AI-based measurement tools have been utilized in over 20 presentations and publications, demonstrating their effectiveness in assisting pathologists with MASH CRN scoring in clinical trials; bringing them to the AISight IMS enables a seamless connection between trial and laboratory settings. These tools have been rigorously evaluated via a comprehensive multi-site analytical validation study using diverse datasets from four different trials 3. They have proven to be reliable and effective in helping pathologists make MASH assessments with: Highly Sensitive and Specific Review: AIM-MASH's model overlays have been validated by multiple pathologists for their high specificity and sensitivity in guiding reviews of MASH biopsies and accurately highlight key areas such as artifact, steatosis, hepatocellular ballooning, lobular inflammation, and fibrosis 3. Repeatable and Reproducible Assessments: AIM-MASH algorithm outputs have shown higher repeatability and reproducibility compared to intra- and inter-pathologist agreement for manual reads, confirming its precision in measuring the CRN scoring system components in liver biopsies from MASH patients 3. Increased Scoring Confidence: Validation studies have shown that AIM-MASH algorithm outputs are comparable to pathologist assessments, providing accurate first reads equivalent to those of expert pathologists to aid pathologists in their final assessment. 3 Global Collaboration: The AISight digital IMS allows expert GI Liver pathologists to review cases regardless of their location. This eliminates the need for time-consuming and costly shipping of glass slides and provides opportunities to utilize the MASH experts. The practical application of AI in MASH assessments was highlighted in a recent case study conducted by PathAI Diagnostics (now Ameripath, at its Memphis, TN-based laboratory) 4. This study demonstrated the synergy between traditional pathology and AI, showcasing how AI-assisted pathology can enable more precise evaluation of histologic features relevant to MASH, including steatosis, lobular inflammation, and fibrosis. "We are thrilled to introduce AIM-MASH on the AISight IMS platform," said Andy Beck, MD, PhD, CEO of PathAI. "This product is a game-changer for drug development, as it supports pathologists in making high-quality, reproducible MASH assessments. With AIM-MASH on AISight, pathologists can increase their confidence in pathology reads and decision-making, as if they have the world's expert liver pathologists assisting with every slide, helping with simplifying the complex task of scoring and evaluation." Dr. Arun J Sanyal, Professor and Interim-Chief of the Division of Gastroenterology, Hepatology, and Nutrition at Virginia Commonwealth University and co-investigator of the AIM-MASH analytical and clinical validation study, adds: "The data supports the use of AIM-MASH by pathologists in clinical trials as a method to resolve the accuracy and precision gaps in MASH assessment while guiding pathologists in an efficient evaluation to result in a standardized and reproducible score." The addition of AIM-MASH broadens the set of tools available through AISight to assist pathologists in making reproducible and efficient assessments of MASH. This announcement addresses a crucial gap in pathology labs — the lack of a standardized system that ensures consistent, accurate, and reproducible assessments, particularly for challenging conditions like MASH. With AIM-MASH on AISight IMS, PathAI aims to provide digital and AI tools to assist pathologists in making precise and reproducible assessments at scale, along with workflow optimization features, empowering pathology labs worldwide. References: 1: AIM-MASH and AISight are for Research Use Only. Not for use in diagnostic procedures. 2: Estes C, Razavi H, Loomba R, Younossi Z, Sanyal AJ. Modeling the epidemic of nonalcoholic fatty liver disease demonstrates an exponential increase in burden of disease. Hepatology. 2018 Jan;67(1):123-133. https://doi.org/10.1002/hep.29466. Epub 2017 Dec 1. PMID: 28802062; PMCID: PMC5767767. 3: Pulaski, Hanna, et al. “Analytical and Clinical Validation of AIM-NASH: A Digital Pathology Tool for Artificial Intelligence-Based Measurement of Nonalcoholic Steatohepatitis Histology.” MedRxiv (Cold Spring Harbor Laboratory), 29 May 2024, https://doi.org/10.1101/2024.05.29.24308109. Accessed 22 July 2024. 4: Kinsey, S., Reed, M., Parsell, T. “Practical Clinical Application of Artificial Intelligence in Metabolic Dysfunction Associated Steatohepatitis (MASH) – A Case Study Highlighting the Synergy between Traditional Pathology and AI.” PathAI, 2024. About PathAI PathAI is a leading provider of integrated AI and digital pathology solutions, dedicated to transforming diagnostic accuracy and operational efficiency in pathology labs worldwide. Through innovative technologies and strategic partnerships, PathAI aims to enhance patient outcomes and drive the future of medical diagnostics. Contact Details SVM Public Relations and Marketing Communications +1 401-490-9700 pathai@svmpr.com Company Website https://www.pathai.com/

August 13, 2024 09:00 AM Eastern Daylight Time

AmeriLife Names Michael Tobitsch Executive Vice President and Head of Corporate Development

AmeriLife

AmeriLife Group, LLC (“AmeriLife”), a national leader in developing, marketing, and distributing life and health insurance, annuities, and retirement planning solutions, announced today that Michael Tobitsch has been named Executive Vice President and Head of Corporate Development. Reporting to AmeriLife’s Chairman and Chief Executive Officer, Scott R. Perry, Tobitsch will lead the company’s corporate development efforts to source and execute acquisition opportunities, assess their strategic fit, and work closely with AmeriLife’s affiliates and partners to support the company’s growth objectives. In addition, Tobitsch will oversee innovations to the company’s affiliate onboarding processes and ensure the cultural and technical integrations for new partners is efficient and seamless. "For the last seven years, AmeriLife’s Chief Financial Officer Jim Quinn has served as an incredible steward of our corporate development efforts, overseeing a level of growth unsurpassed in AmeriLife’s 50-plus year history,” said Perry. “As our business becomes more complex and Jim’s remit continues to grow, we’re thrilled to welcome Michael and have a leader fully dedicated to AmeriLife’s expansive M&A activities. His experience and innovative approach to partnership development will undoubtedly propel our strategic initiatives forward, enhancing our ability to expand our distribution opportunities and help AmeriLife realize its growth ambitions.” “After 15 terrific years at Marsh McLennan, it’s a privilege to join Scott and the high-performing AmeriLife team to help continue their impressive growth journey,” added Tobitsch. “AmeriLife operates from a position of strength, and I look forward to helping deliver best-in-class products, solutions, and capabilities through a high-impact, programmatic acquisition agenda.” Tobitsch joins AmeriLife from global professional services company Marsh McLennan in New York. As Managing Director of the firm’s Strategy & Corporate Development group, he managed a high-performing team of investment professionals who together deployed more than $1 billion of capital annually into global acquisitions across the insurance and investment management industries. Tobitsch began his career in investment banking with Wells Fargo Securities. Tobitsch received his B.S. from Boston University’s Questrom School of Business. An avid traveler and New York Mets fan, Tobitsch resides in Connecticut with his wife and two young daughters. ### About AmeriLife AmeriLife’s strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. In doing so, AmeriLife has become recognized as an industry leader in developing, marketing and distributing life and health insurance, annuities, and retirement planning solutions to enhance the lives of pre-retirees and retirees across the United States. For more than 50 years, AmeriLife has partnered with top insurance carriers to provide value and quality to customers served through a national distribution network of over 300,000 agents and financial professionals and more than 120 marketing organizations and insurance agencies. For more information, visit AmeriLife.com, and follow AmeriLife on Facebook and LinkedIn. Contact Details Media Jeff Maldonado media@amerilife.com Partnership Inquiries Patrick Nichols corporatedevelopment@amerilife.com Company Website https://amerilife.com/

August 13, 2024 09:00 AM Eastern Daylight Time

NAVEX Announces 13th Annual NAVEX Next Risk & Compliance Virtual Conference

NAVEX Global

NAVEX, the global leader in integrated risk and compliance management software, today announced its thirteenth annual NAVEX Next Risk and Compliance Virtual Conference, scheduled for Thursday, September 19, 2024. One of this year’s keynote sessions will feature Cy Wakeman, a New York Times best-selling author and Global Gurus’ 2023 World’s #1 Leadership Guru, recognized for her reality-based approach to leadership. Backed by over 25 years of unparalleled experience partnering with top brands spanning all industries, Wakeman will deliver a provocative keynote on how an over-emphasis on creating employee engagement can negatively impact company performance. NAVEX Next is one of the largest risk and compliance conferences in the world, attracting over 110,000 professionals since its inception in 2012. It brings together practical guidance and best practices for industry professionals across disciplines and departments including risk management, compliance, legal, human resources/training, audit, IT, privacy, supply chain and procurement. In all, NAVEX Next 2024 features 28 session speakers representing companies such as The Coca-Cola Company, CDL Nuclear Technologies, and CBRE. The prestigious lineup will share their expertise in building ethical cultures, risk mitigation, and smart governance. The agenda features 15 sessions diving into critical challenges and opportunities compliance professionals face today. Sessions include: The EU Regulatory Survival Guide: Your Essential Guide to EU Compliance Behind the Label: Ensuring Human Rights in Your Global Supply Chain AI Governance & Risk Management Compliance Diagnostics in US Healthcare CCO 3.0: How Compliance and Risk Work in Harmony NAVEX Next will end with a keynote session by Alison Taylor, Clinical Associate Professor at NYU Stern School of Business and Executive Director of Ethical Systems, on building ethical cultures. She has spent the past two decades consulting with multinational companies on anti-corruption, human rights, and stakeholder engagement, including as a Senior Advisor at sustainability non-profit BSR, a member of the board at Venture ESG, and a Sustainability Advisor at Zai Lab, KKR, and Pictet Group. The NAVEX Next virtual conference is free of charge and open to anyone interested in expanding their knowledge and enhancing their organization’s risk and compliance programs. It offers a low-pressure environment for attendees to engage with today’s biggest GRC challenges. Click here to register and to access the full agenda and profiles of all scheduled speakers. NAVEX is the recognized leader in risk and compliance management software and services, empowering thousands of customers around the world to manage and mitigate risks with confidence. NAVEX’s mission is to help customers promote ethical, inclusive workplace cultures, protect their brands, and preserve the environment through sustainable business practices. For more information, visit NAVEX.com and our blog. Follow us on Twitter and LinkedIn. Contact Details NAVEX +1 617-388-5773 MediaRelations@navex.com Company Website https://navex.com

August 13, 2024 09:00 AM Eastern Daylight Time

iLearningEngines – Hear From The Chief Architect Of This Applied AI Platform

Benzinga

By Johnny Rice, Benzinga Sanjeev Menon, Chief Architect - AI/ML for iLearningEngines (NASDAQ: AILE), was recently a guest on Benzinga’s All-Access. iLearningEngines is an Applied AI platform for learning & work automation. It reports being one of the fastest-growing technology companies in North America. AI can help revolutionize learning in big and small organizations, and iLearningEngines is proving that. The company has grown with a nearly 50% CAGR over the last 5 years. It says it has done this by consistently delivering a product customers are satisfied with, leading to a retention rate that well exceeds the industry standard. As Chief Architect, Mr. Menon shared his deep insights into how his company’s AI functions and what makes it unique. Learn more here: Featured photo by Christopher Gower on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

August 13, 2024 08:55 AM Eastern Daylight Time

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Personalized Learning With AI – This Company Is Delivering Results Globally

Benzinga

By Johnny Rice, Benzinga Roger Hamilton, CEO of Genius Group (AMEX: GNS), was recently a guest on Benzinga’s All-Access. Genius Group is a leading provider of AI-powered, digital-first education solutions that is attempting to disrupt the highly standardized system of traditional education with a personalized, flexible and life-long learning curriculum for the modern student. The company recently announced that it has secured a $22 million ‘Genius Nation’ contract with the Government of the Republic of Kazakhstan, enabling the development of a Sovereign AI in the country. Learn more here: Featured photo by dlxmedia.hu on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

August 13, 2024 08:50 AM Eastern Daylight Time

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VenHub’s Wants To Revolutionize Retail Through Its Fully Autonomous Retail Robots, But Some Have Objections – Here’s Why Consumers May Not Need To Worry

Benzinga

By Anthony Termini, Benzinga VenHub, developer of fully autonomous and robotic plug-and-play Smart Stores that can be delivered, unpacked and merchandised virtually anywhere in the world within a few days, believes that its technology solution will dramatically reshape the retail landscape in the coming years. But can VenHub overcome some potential obstacles to transforming the industry? Objection #1: There Will Be A Greater Chance Of Theft The National Retail Federation says that theft costs retailers more than $100 billion annually. A large portion of that is attributable to shoplifting. These types of losses are especially costly for traditional brick-and-mortar retailers, who typically have very tight operating margins. Furthermore, smash and grabs have also been in the news in recent years. The VenHub solution resolves these two interconnected problems. VenHub modules are designed for security and protection. They are constructed with insulated walls, monitoring systems and bulletproof glass. As such, they are resistant to theft, riots and fires, and each of these attributes leads to reduced operating expenses and expanded margins for the retailer. Objection #2: An Autonomous Store Leads To Job Losses Management consultants, McKinsey & Company note that attrition in retail has always been very high. It notes that employee turnover has been 60% or higher for a long time. According to VenHub, it is especially difficult to find workers to staff 24/7 stores. Many of these retailers must rely on transient workers. Furthermore, VenHub is creating a technology solution, which puts it in a position to continuously expand its team of highly skilled workers. As with each previous evolution of any industry, VenHub says that more jobs get created than eliminated. In most cases, the wages new industries create are higher than what individuals may have made previously. The net effect is that VenHub will create more high-paying jobs than the number of low-wage jobs that might be displaced. Objection #3: The Technology Is Too New And Consumers Won’t Adapt A similar sentiment was expressed at the advent of eCommerce. The U.S. Federal Reserve notes that online sales accounted for 0.6% of all retail transactions in America at the end of 1999. Today online sales represent about 16% of retail purchases, totaling more than $289 billion. People often say that convenience and avoiding crowds draw them to purchase online. The VenHub Smart Store delivers these same benefits. Objection #4: People Aren’t Ready For A Fully Autonomous Experience Research from tax and accounting consultants Deloitte suggests that retailers need to leverage new markets, explore new business models and change the mechanics of the way they do things. It says that demand-driven retail requires product offerings that are specifically designed and targeted for various consumer groups. VenHub offers retailers complete discretion on how to merchandise their Smart Stores, so they can be tailored to satisfy the specific demands of a local or neighborhood market. Richard Kestenbaum, a partner at investment banking firm Triangle Capital, says that the future of retail will be hybrid channels that include the strengths of both physical and digital retail. This is exactly what the app-based VenHub Smart Store delivers to consumers. Objection #5: A Fully Autonomous Store Won’t Work In Rural Communities According to the U.S. Department of Agriculture (USDA), communities with populations between 2,500 and 20,000 have witnessed a significant decrease in the number of grocery stores since 1990. They have been replaced mostly by convenience stores. The USDA also points out that some 80% of Americans must drive five miles or more to reach the closest grocer. VenHub can help resolve both issues. Smart Stores can be located closer to shoppers, even in remote communities, because they can be solar-powered. In addition, a Smart Store’s merchandise can be tailored to the local community instead of stocked with what a national chain believes should be on the shelves. VenHub: The Company Looking To Revolutionize Retail To date, more than 800 VenHub Smart Stores have been pre-ordered globally. The stores use an app-based ordering system that makes items available to consumers 24/7. Using artificial intelligence and smart inventory management systems, the stores generate revenue around the clock. The prefab VenHub Smart Store is an expandable 800-square-foot plug-and-play storefront technology that can be delivered, unpacked and installed in just a few days. VenHub is on the path to issuing shares to the public in a Regulation CF offering. Issuance Express is facilitating the distribution. Investors interested in this company’s shares may still have an opportunity to invest, but only until August 21st. The offering is highlighted on the Issuance Express portal. Featured photo of Choctaw Bluff Alabama General Store from Pixabay. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

August 13, 2024 08:35 AM Eastern Daylight Time

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Vymo Launches OnboardIQ, the First AI/Machine Driven Solution for Insurance Recruiting, Onboarding, and Compliance

Vymo, Inc.

Vymo, a leading multi-channel distribution management platform powered by AI for the global insurance industry, recently announced the launch of OnboardIQ. By leveraging AI and ML, OnboardIQ is the first complete solution designed to streamline recruiting, onboarding, and compliance, marking a swift departure from existing, outdated legacy systems. “Traditional recruitment methods are typically tedious, inefficient, and costly. But by factoring in a prospect’s skills, licensure history, and a carrier’s specific needs, OnboardIQ can generate comprehensive candidate profiles,” notes Venkat Malladi, Vymo Co-Founder and CTO. The system then scours these profiles and targets the most suitable candidates by generating campaigns on LinkedIn, Facebook, and Instagram. He adds, “no matter how much the talent pool shrinks in the coming years, with OnboardIQ, carriers will have access to top-tier, matched talent.” One carrier remarked that their biggest challenge during onboarding was the "lack of visibility." OnboardIQ addresses this issue by providing complete transparency from the moment an agent decides to start selling, through the licensing and appointment processes, all the way to completing their product training and achieving ready to sell status. Beyond recruiting and onboarding agents, OnboardIQ helps agents to live up to their full potential. For example, a carrier based in California might want to make inroads in the midwestern market. OnboardIQ will pinpoint the agents best suited for this expansion, check their existing state licenses, and guide those who need additional licenses through the acquisition process. “ This approach helps carriers get the most value from each agent, while allowing agents to maximize their commissions. The platform empowers both carriers and agents to expand their footprint,” notes Venkat Malladi. The U.S. has a uniquely intricate regulatory landscape, with varying licensing requirements across states. As legislation tightens, OnboardIQ helps prevent fines, and irreversible reputational damage by proactively—not reactively—identifying compliance issues across an entire multi-state insurance organization. Notes Malladi, “without software that can create a database of agent licenses and update them in real time as agents obtain new licenses, managing compliance becomes extremely complex.” At the core of OnboardIQ is Co-Pilot, an AI-powered, text-based personal assistant designed to answer recruiting, onboarding, and compliance questions for both agents and carriers. For example, an agent might ask Co-Pilot, “what are the pre-licensing education requirements for obtaining a health insurance license in Florida?” While a carrier might inquire, “which of my agents are due for license renewal in the next three months in New Jersey?” Co-Pilot provides accurate and easy-to-understand answers for both queries. Malladi notes, “OnboardIQ serves as a conduit for seamless interaction between carriers and agents—adapting to an era where insurance operations extend beyond local boundaries.” About Vymo® Vymo is a global provider of a smart distribution management platform powered by AI to deliver data-driven insights and transform the way your businesses operate. Meticulously crafted for insurers, MGAs, FMOs, IMOs, and insurance distributors who have outgrown legacy sales and account management tools and require greater automation for producer administration and sales processes. Vymo's platform features a suite of modular applications—including OnboardIQ and EngageIQ, and is engineered to deliver a superior producer experience through critical steps in the sales process, such as onboarding, compliance, activity tracking, and sales enablement. Vymo has secured over $45M in funding from Peak XC Partners, Emergence Capital, and Bertelsmann India Investments and is also an award winner of CB Insights' and Microsoft's 'AI for All' awards. Additional Resources: Vymo Distribution Management Platform Vymo OnboardIQ Vymo EngageIQ for Leaders Vymo EngageIQ for Sellers U.S. Media Contact: Meir Kahtan MKPR mkahtan@rcn.com +1 917-864-0800 Michael Palmisano Vice President, Marketing Vymo, Inc. 440 N Wolfe Rd. Sunnyvale, CA 94085 Web: https://getvymo.com/ Blog: https://getvymo.com/blog All other registered trademarks, or service marks belong to their respective companies. Contact Details MKPR for Vymo Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://getvymo.com/

August 13, 2024 08:00 AM Eastern Daylight Time

AAMS/ADM e Regolamentazione del Gioco in Italia

AM Europe

Il gioco d'azzardo in Italia è un tema complesso e soggetto a una normativa rigorosa. In questo contesto, i cosiddetti "casino non AAMS" rappresentano un argomento di crescente interesse. Ma cosa sono esattamente e quali sono le implicazioni legali? Cosa sono i Casino Non AAMS? AAMS è l'acronimo di Amministrazione Autonoma dei Monopoli di Stato, l'ente governativo italiano preposto alla regolamentazione del gioco d'azzardo. I NewsDirect casino non AAMS sono, quindi, piattaforme di gioco online che operano senza la licenza rilasciata dall'AAMS. La Regolamentazione del Gioco in Italia Il panorama del gioco d'azzardo in Italia è caratterizzato da una regolamentazione severa, volta a proteggere i giocatori e contrastare il gioco illegale. L'AAMS svolge un ruolo fondamentale nel rilasciare le licenze e nel monitorare l'attività dei concessionari. Le principali caratteristiche della normativa italiana sono: Licenza obbligatoria: Ogni operatore di gioco d'azzardo deve ottenere una licenza dall'AAMS per poter operare legalmente in Italia. Tutela dei giocatori: La legge italiana prevede misure di protezione dei giocatori, come i limiti di deposito e i sistemi di autoesclusione. Lotta al gioco illegale: L'AAMS e le autorità competenti sono impegnate nella lotta contro il gioco illegale e i siti non autorizzati. I Rischi dei Casino Non AAMS Giocare su piattaforme non autorizzate comporta diversi rischi: Mancanza di garanzie: I giocatori non hanno alcuna garanzia sulla sicurezza dei loro dati personali e finanziari. Gioco illegale: Utilizzare piattaforme non autorizzate è illegale e può comportare sanzioni. Mancanza di tutela: In caso di dispute o problemi, i giocatori non hanno alcuna tutela legale. Conclusione La scelta di giocare su un casino online deve essere fatta con consapevolezza. Optare per piattaforme autorizzate dall'AAMS è fondamentale per garantire sicurezza, trasparenza e tutela dei propri diritti. Ricordiamo sempre che il gioco d'azzardo deve essere considerato un divertimento e non una fonte di reddito. È importante sottolineare che questo articolo ha carattere informativo e non costituisce consulenza legale. Per maggiori informazioni: Sito ufficiale dell'AAMS: [ adm.gov.it ] Nota bene: La normativa italiana sul gioco d'azzardo è soggetta a modifiche. Per informazioni aggiornate, consultare sempre le fonti ufficiali. Vuoi saperne di più su un argomento specifico legato al gioco d'azzardo in Italia? Contact Details Vladimiro Lorenzo +49 2735 7227 Vladimiro.l@clo.com

August 12, 2024 11:30 PM Eastern Daylight Time

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SunPump Beta Launches on TRON, Driving Innovation in Meme Coin Development

SUN

Singapore, August 13, 2024 - SUN.io, a leading DeFi platform on TRON, is thrilled to announce the launch of SunPump Beta, the first dedicated platform for the fair launch and trading of meme coins. SunPump offers creators an accessible, low-cost way to launch their own meme coins in a secure and user-friendly environment. This innovative platform will elevate user engagement and promote a more autonomous trading experience. SunPump combines user-friendliness, fairness, and accountability. The operational mechanism streamlines token issuance and trading, allowing users to easily browse and select their preferred meme coins on the platform. A joint curve pricing mechanism provides direct and transparent access to token purchases. SunPump also offers flexible trading options, allowing users to sell their tokens whenever they choose. SunPump has implemented liquidity and burn mechanisms designed to maintain market integrity and foster community engagement. When a meme coin's market cap hits a predetermined threshold, the corresponding liquidity is automatically deposited into SunSwap V2 and subsequently burned. Key features: One-Click Token Generation: Users can easily create their own meme coins by inputting a token name and symbol, uploading an image, and paying a small fee. This streamlined process significantly reduces the barriers to entry. Bonding Curve Mechanism: The platform utilizes a joint curve pricing model that adjusts prices based on token supply, ensuring fairness and transparency. This approach reflects SunPump’s dedication to creating an equal trading environment. Instant Market Access: Newly created tokens are immediately listed on the SunPump platform, allowing users to buy and sell seamlessly. This approach guarantees liquidity and convenience, allowing for swift and seamless market engagement. Liquidity and Token Burn: When a token's market cap meets specific criteria, SunPump automatically injects preset liquidity funds into SunSwap and executes a token burn. This mechanism helps maintain equilibrium in market supply and demand. Transparency: All transactions on SunPump are public, allowing users to monitor activity and transaction histories. It's important to note that users are ultimately responsible for their trading decisions. To make participation even more accessible, SunPump has introduced a gas fee reduction program. This initiative lowers the cost of gas fees by 99% for activities like token launches, trading, and other related activities on the platform, particularly for meme coin-TRX trading pairs that add liquidity to SunSwap post-launch. TRON offers an ideal environment for developing meme coins. TRON's fast transaction speeds and low fees have garnered widespread market recognition, attracting over 2 million daily active users. As of August 2024, the issuance of TRON-based USDT exceeds $60.8 billion, comprising 53% of total USDT issued. This ample liquidity enhances trading efficiency and provides financial support for innovative projects. The launch of SunPump is a significant advancement for the TRON ecosystem. SunPump provides a fair and secure trading platform coupled with a range of user-friendly features. As community engagement deepens, SunPump will become a key player in the meme coin market, injecting new vitality and momentum into the ongoing evolution of the TRON ecosystem. About SUN.io SUN.io is the first decentralized autonomous platform on the TRON network, distinguished by its integration of stablecoin trading, comprehensive token exchange, and liquidity mining capabilities. As a cornerstone of the TRON ecosystem, SUN.io is dedicated to optimizing trading liquidity and asset returns for its users. The platform empowers participants to stake SUN tokens, earning veSUN, which unlocks a suite of exclusive benefits, including enhanced rewards and voting rights in the platform's governance. About SunPump SunPump stands as a groundbreaking platform on the TRON blockchain, specifically engineered to revolutionize the creation and trading of meme coins. By prioritizing simplicity, affordability, and fairness, SunPump eliminates traditional barriers in the token launch process, such as the need for pre-sales and team allocations, fostering a transparent environment for all participants. This user-centric approach ensures that anyone can effortlessly launch and trade meme coins, democratizing access to this vibrant market. Contact Details Karina.Wang marketing@sun.io

August 12, 2024 07:01 PM Pacific Daylight Time

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