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Benchmark International Successfully Facilitated the Transaction Between D TEL Telecommunications, Inc. and Responsive Technology Partners

Benchmark International

Benchmark International has successfully facilitated a transaction between Gastonia, NC-based D TEL Telecommunications, Inc. (D TEL) and Atlanta, GA-based Responsive Technology Partners (RTP). D TEL is a systems integrator that distributes and installs premise, hybrid, and cloud-based phone systems, paging, surveillance, access control, and sound systems. D TEL additionally offers dial tone brokering and wholesales telecom products. Founded in 1984, D TEL has been serving the small and midsize business (SMB) sector, focusing on the healthcare, medical, manufacturing, and service industries in North and South Carolina for 40 years. Responsive Technology Partners provides IT support services throughout North Carolina, Virginia, Georgia, Florida, and other US customers. They are a major leader in the MSP industry, having achieved growth both organically and by acquisition means. RTP offers services that include IT support, cybersecurity and compliance, telephony, cloud services, cabling, access control, and camera systems. "The entire Benchmark team is exceedingly pleased with this great new partnership between D TEL Telecommunications and Responsive Technology Partners," commented Benchmark Senior Transaction Director William Sullivan. "D TEL President Jim LaBrec and his team have done an outstanding job building and positioning their great company in a very attractive market. We believe that RTP will be a great steward of D TEL's storied legacy, and we wish the combined team all the best moving forward." ABOUT BENCHMARK INTERNATIONAL: Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $11 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-side Exclusive Privately-held M&A Advisor in the World by Pitchbook and Refinitiv's Global League Tables. Contact Details Brittney Zoeller +1 813-898-2350 zoeller@benchmarkintl.com Company Website https://www.benchmarkintl.com/

October 01, 2024 10:54 AM Eastern Daylight Time

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Velocity Global Named a Leader in NelsonHall’s Global Employer of Record (EOR) Evaluation for the Fourth Time in a Row

Velocity Global

Velocity Global, the world’s expert on work, announced today that it was positioned as a leader in the 2024 Vendor Evaluation & Assessment Tool (NEAT) for global EOR services by NelsonHall. The report recognizes Velocity Global for both its ability to deliver immediate customer benefits as well as its capabilities to meet future customer needs. This marks the fourth time in a row that Velocity Global has earned this distinction, solidifying its position as a trusted partner for companies expanding their global presence. "Deploying a global workforce is extremely complex, as companies need to navigate a maze of varying regulations, compliance needs, and talent expectations in different countries," said Jeanine Crane-Thompson, Principal Analyst at NelsonHall’s HR & Talent Transformation practice. "Velocity Global’s blend of strategic R&D investments and compliance expertise has transformed them into a critical partner for companies looking to accelerate global growth. Their comprehensive EOR solution allows organizations to focus on their expansion goals without the burden and potential risks of logistical and legal complexities." As a trailblazer in global workforce solutions, Velocity Global empowers companies to hire, manage, pay, and retain talent, anywhere in the world. Over the years, Velocity Global has evolved from offering a point solution to being a strategic partner to its customers as they execute on their global growth plans. Velocity Global’s powerful combination of its self-service Global Work Platform and its deep legal and HR expertise ensures seamless compliance, no matter how complex the jurisdiction. Both employers and employees benefit from a frictionless, user-friendly experience. In its 2024 report, NelsonHall highlights several strengths that contributed to Velocity Global’s positioning as a leader, including: Mature EOR market provider: Velocity Global offers a compliant, integrated EOR solution that enables multinational companies to confidently hire across borders. Technology roadmap: Velocity Global’s roadmap is centered on AI-driven enhancements, expanded platform integrations, and robust self-service functionality. Competitive service offerings beyond EOR: Velocity Global offers an array of services beyond EOR, including global benefits, immigration support, pensions, equity management, and office space logistics. ”The ability to hire anyone, anywhere is a huge differentiator as companies expand across geographies and tap into underutilized talent pools,” says Francoise Brougher, CEO of Velocity Global. “To simplify and streamline this process for customers, we invest in our technology. This, coupled with our extensive in-country and compliance expertise, means customers can have peace of mind and focus on growing their business.” This latest recognition reinforces Velocity Global’s unwavering commitment to empowering businesses with the tools and expertise to navigate the complexities of the global workforce landscape and drive sustained growth. To learn more about what sets us apart, download the report [ here ]. For more information on how Velocity Global makes opportunity borderless for people everywhere, visit www.velocityglobal.com. About Velocity Global Velocity Global gives you the power to build your team everywhere—combining seamless technology and local expertise in 185+ countries. We make it simple to compliantly hire, pay, manage, and retain talent anywhere. With Velocity Global, the world is yours. About NelsonHall NelsonHall is the leading global analyst firm dedicated to helping organizations understand the 'art of the possible' in digital operations transformation. With analysts in the U.S., U.K., Continental Europe, and Asia, NelsonHall provides buy-side organizations with detailed, critical information on markets and vendors (including NEAT assessments) that helps them make fast and highly informed sourcing decisions. And, for vendors, NelsonHall provides deep knowledge of market dynamics and user requirements to help them hone their go-to-market strategies. NelsonHall's analysis is based on rigorous, primary research, and is widely respected for the quality and depth of its insight. Media Contact: press@velocityglobal.com Contact Details Media contact +1 720-650-4348 press@velocityglobal.com Company Website https://velocityglobal.com/

October 01, 2024 07:47 AM Pacific Daylight Time

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Canoo’s Oklahoma Plant Becomes First Automotive Foreign-Trade Zone In The State, Cutting Red Tape And Reducing Fees

Benzinga

By Meg Flippin, Benzinga Canoo Inc. (NASDAQ: GOEV), the high-tech advanced mobility company churning out fully electric lifestyle vehicles, just got the final nod from the U.S. Customs and Border Protection (CBP) for its Oklahoma City operations to become the first automotive Foreign-Trade Zone in the state. Foreign-Trade Zones (FTZs) are specially designated sites close to U.S. ports that importers and exporters use to move goods in and out of the country. Companies operating in FTZs pay reduced or zero duties, taxes or fees. FTZs help U.S. companies to compete better on the global stage by streamlining logistics, minimizing regulatory hurdles and better controlling inventory. Perks offered for being In Oklahoma City’s FTZ include duty elimination on previously imported material, materials that are re-exported, rejected, scrapped, wasted or return-to-vendor imported material and sales of imported materials or finished products containing imported components to companies operating in other U.S. FTZs. Duties are deferred for manufacturing in the U.S. and selling domestically. Other perks include just-in-time delivery, quotas and reduced customs delays, as well as the ability to hold merchandise in a foreign-trade zone indefinitely. Canoo Bolsters Oklahoma Plant Canoo’s Oklahoma plant, which the company opened last April, occupies close to 500,000 square feet, with the ability to expand, and can employ over 500 people at capacity! Canoo recently added to the Oklahoma plant’s occupancy by migrating its engineering workforce from California to the state. Canoo said one of the main reasons for the move to Oklahoma is to have engineering and manufacturing under one roof. The company said the strategic decision will “drive operational efficiencies and foster greater collaboration as Canoo continues to meet goals towards its step level ramp manufacturing.” That’s becoming a reality thanks in part to its two tranches of new or like-new advanced manufacturing assets, formerly owned by Arrival Automotive UK Limited, at its facility in Oklahoma City. The received assets will bolster in-house processes and enable higher cabin line production volumes in 2025, the company said. “We thank Oklahoma City Customs Port Director Pequano and the Dallas U.S. Customs and Border Protection Area Port office for the work, support and direction for the activation approval. It's great to get this milestone completed as it's part of a larger strategy with more to come,” said Tony Aquila, Investor, Executive Chairman and CEO of Canoo. The company said the FTZ is a big deal toward “harmonizing” its supply chain and protecting it from the whims of other countries. Being in the FTZ also provides stability against a tariff landscape that has the potential to change in 2025. Reimaging Fully Electric Vehicles Canoo makes a suite of fully electric delivery vehicles (LDVs) that are built on a modular design. The modular electric platform is designed to maximize vehicle interior space, enabling it to be customizable across owners and applications. With a robust lineup of electric LDVs, including delivery vehicles, pickup and lifestyle vehicle (LV), Canoo is attempting to do to the commercial transportation market what Tesla (NASDAQ: TSLA) did to the consumer EV market with its lineup of sedans, SUV and truck. It doesn’t hurt that Canoo makes its LDVs with what it says are eco-friendly materials with the smallest footprint. Canoo’s delivery vehicles are designed to be modular, built for global roads and a variety of commercial uses. Canoo is focused on driving value for fleets by reducing total cost of ownership and maximizing utilization through software solutions and customized upfitting. It also sticks to a clean, minimalist shape that has gotten recognition, most recently receiving several Red Dot Design Awards. The Red Dot Award is an annual international competition recognizing excellence in design and among the world’s largest design competitions, validating Canoo’s approach to design. Learn more about Canoo Inc. by checking out its investors website here. Featured photo courtesy of Canoo. 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

October 01, 2024 09:25 AM Eastern Daylight Time

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Smart Glasses Let You See The World In A New Way

Benzinga

By Johnny Rice, Benzinga Paul Travers, CEO of Vuzix Corp (NASDAQ: VUZI), was recently a guest on Benzinga’s All-Access. Vuzix designs, manufactures, markets and sells augmented reality wearable displays and computing glasses known as head-mounted displays (HMDs) or near-eye displays. Using micro-display technology and advanced optics, the company creates compact high-resolution display engines that generate virtual images comparable to large screens. Watch the full interview here: Featured photo by GianCarlo Greco 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

September 30, 2024 08:25 AM Eastern Daylight Time

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OCEAN Restoring Bitcoin Mining Decentralization

Bitcoin Ocean,LLC

OCEAN, a leader in Bitcoin mining-pool innovation, is proud to announce the launch of DATUM (Decentralized Alternative Templates for Universal Mining), a revolutionary decentralized mining protocol designed to restore the original ethos of Bitcoin mining. DATUM empowers miners to reclaim control over block template construction, ensuring the Bitcoin network remains secure, decentralized, and resistant to centralization threats such as financial censorship. OCEAN’s lead investor and decentralization advocate Jack Dorsey applauded the news saying “Continued decentralization and permissionless mining are essential for Bitcoin’s long term health. OCEAN's latest innovation with DATUM makes decentralization easier for modern miners." What is DATUM? Bitcoin mining has drifted from its decentralized origins. Today, large mining pools dominate the creation of block templates—the structure that determines which transactions are included in a block. This concentration of power undermines the security and legitimacy of the Bitcoin network. DATUM changes that by giving individual miners, not pools, the ability to construct their own block templates while still participating in a pool for consistent rewards. Similar to Stratum V2 (Sv2), DATUM is designed to decentralize block construction and restore control to individual miners. Jason Hughes, VP of Engineering at OCEAN and author of the DATUM codebase, commented “DATUM is a leap forward in decentralized mining, making true mining available for everyone with as little friction as possible. It enables miners to be actual solo miners and to do all of the things miners were always intended to do for the Bitcoin network, while still reducing their variance through pooled rewards. The codebase is written in C. It is extremely lightweight and portable so it can easily run alongside a Bitcoin full node.” Why Does This Matter? With large pools now controlling more than 50% of Bitcoin’s hash rate, the network faces a serious centralization risk. This raises the possibility of transaction censorship, weakening the very foundation of Bitcoin. DATUM provides a solution by decentralizing block construction, helping to prevent 51% attacks and ensuring Bitcoin remains a free and open system. "The launch of DATUM is a pivotal moment for the Bitcoin mining community. We’re moving block creation back to the individual miners, just as it was intended in the original whitepaper," said Luke Dashjr, Co-founder of OCEAN. "With DATUM, we’re ensuring the security and decentralization of the Bitcoin network, safeguarding its future." About OCEAN: OCEAN is dedicated to advancing the decentralization of Bitcoin mining through innovative technology and cutting-edge solutions. With a focus on preserving Bitcoin’s original principles, OCEAN is committed to creating a secure, sustainable, and decentralized mining ecosystem. Miners interested in participating in the exclusive beta can reach us here: datum@ocean.xyz. Contact Details OCEAN Ian A. Northon +1 307-222-3486 media@ocean.xyz Company Website https://www.OCEAN.xyz

September 29, 2024 10:00 AM Eastern Daylight Time

Comcast Unveils Xfinity Rewards Hot Air Balloon in Clovis

Comcast California

Comcast is proud to announce its participation in the 49th annual ClovisFest & Hot Air Balloon Fun Fly, taking place from September 28-29, 2024, in Clovis, California. Comcast will bring its Xfinity Rewards branded hot air balloon to California for the first time at the iconic Central Valley event, offering attendees a unique and immersive experience. "Our participation in ClovisFest is a wonderful opportunity to connect with our customers and the broader community in a meaningful way,” said Justin Minniti, Area Vice President at Comcast in California. “The Xfinity Rewards hot air balloon symbolizes our commitment to providing extraordinary customer experiences. The balloon also symbolizes Comcast’s commitment to our communities through Project UP, a $1 billion investment to advance digital equity, foster economic mobility and open doors for the next generation of innovators.” “We are excited to have the Xfinity Rewards hot air balloon join our stellar lineup this year,” said Greg Newman, President and CEO of the Clovis Chamber of Commerce. “On behalf of the Clovis Chamber of Commerce and the Clovis community, we thank Comcast for its participation in and support of the festival that benefits thousands of business owners in the area and is a staple for Central Valley families and visitors.” The Xfinity Rewards hot air balloon will be prominently featured at the event, inviting attendees to sign up for Xfinity Rewards and learn more about the exclusive benefits available to its members. Eventgoers can also visit the Xfinity booth for interactive experiences and giveaways. Xfinity Rewards unlocks access to unforgettable experiences, the latest technologies, and perks and discounts that only Comcast NBCUniversal can deliver. Joining Xfinity Rewards is free for customers. Signing up is fast and easy through the Xfinity App or online at xfinity.com/rewards. Upon enrolling, members are placed in a Silver, Gold, Platinum or Diamond tier based on how long they’ve been a customer. Rewards are available immediately upon signing up for the program so members can start exploring and enjoying them right away with exciting new opportunities added frequently throughout the year. About the Xfinity Rewards Hot Air Balloon The 85 feet tall Lindstrand Balloon was created in 2022 to promote Comcast’s Xfinity Rewards Program. It features eight three-dimensional 23 feet tall hearts. More than 1,234 pieces of material were used to create the hearts. It holds three passengers at a time – the pilot plus two riders. Lindstrand is a prominent balloon manufacturer in the United States. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information. Contact Details Adriana Arvizo +1 925-200-1919 Adriana_Arvizo@comcast.com Company Website https://california.comcast.com/

September 27, 2024 07:00 AM Pacific Daylight Time

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WiSA's Datavault Technology Launches Academic Credential Verification Platform For Universities, Aims To Licence 20-30 To Institutions By 2025

Benzinga

By Kyle Anthony, Benzinga The number of students graduating with either a bachelor’s, master’s or Ph.D. degree continues to increase, with over 2 million students graduating with a bachelor’s degree in 2022 and over 1 million students graduating with either a master’s degree or Ph.D. With more individuals attaining post-secondary education, the importance and need for ‘accreditation validation’ is growing. WISA’s (NASDAQ: WISA) Datavault technology offers a turnkey solution that universities and other stakeholders can utilize to verify academic credentials. Data Vault Holdings, which is under a definitive asset purchase agreement to sell its Datavault® and ADIO® IP and IT assets to WiSA, recently launched VerifyU, a platform developed in collaboration with Arizona State University (ASU) and its Luminosity Lab. VerifyU utilizes blockchain and artificial intelligence to provide secure, real-time academic credential verification. The platform's value proposition is its ability to efficiently verify and confirm the qualifications of individuals to stakeholder entities – such as educational institutions and prospective employers – or professional peer groups, such as research fellows. ASU’s Luminosity Lab, a think tank incubator dedicated to advancing technology and innovation, is VerifyU's inaugural partner. WiSA believes the platform’s focus on secure, efficient credential verification for students and external stakeholders resonates strongly with ASU as an academic institution. Executive Director of the ASU Knowledge Enterprise Mark Naufel stated: "VerifyU sets a new standard for secure, seamless credential verification that meets the essential needs of both educational institutions and employers. Our collaboration with Datavault has created a platform that combines academic institutions with practical, scalable solutions. VerifyU is helping to bring a much welcome change in the way academic credentials are verified by ensuring data integrity, reducing time and lowering costs for all parties involved." The global education verification service market is currently experiencing growth. In 2023, it was valued at $110 billion. By 2030, it is projected to reach $177 billion. This represents a compound annual growth rate (CAGR) of 10% over 2024-2030. Current verification processes are often inefficient and vulnerable to fraud – research suggests that as many as 70% of job applicants provide false information on their resumes. VerifyU seeks to address this issue by offering real-time, secure verification of educational credentials, ultimately reducing both the time and cost associated with traditional verification methods and enhancing the process for employers, graduate schools and other interested parties. In monetizing the platform, Datavault aims to license VerifyU to 20 to 30 educational institutions by 2025, with the aim of revolutionizing the verification of academic qualifications. The initial contract with ASU is just the beginning of a broader rollout and will demonstrate how the platform can generate administrative cost savings and revenue. Additionally, VerifyU plans to charge students a one-time fee for lifetime access to the platform. WiSA’s Datavault promises to transform the landscape of academic credential verification in universities through the launch of VerifyU. By leveraging innovative blockchain and AI technologies, the initiative aims to provide a more reliable and efficient verification process, paving the way for partnerships with multiple educational institutions in the coming years. With the potential to save time and money, VerifyU could be set to become an essential tool for the growing number of graduates seeking employment and higher education opportunities. Featured photo by Nathan Dumlao 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

September 27, 2024 08:30 AM Eastern Daylight Time

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News Release

BestGrowthStocks.Com Issues a Comprehensive Analysis of Luminar Technologies and Proposed Trade Restrictions

Luminar Technologies (LAZR)

NEW YORK, NY / NewsDirect / September 27th, 2024 / Best Growth Stocks, a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing exclusive ai-assisted research recently issued an in-depth analysis of Luminar Technologies Inc. a leading global automotive technology company. Luminar Technologies Inc. (NASDAQ: LAZR) has garnered significant investor attention following the announcement of potential trade protections. Best Growth Stock's full report offers an in-depth analysis of Luminar’s operations, details of the recently proposed trade restrictions, competition, potential catalysts, growth drivers, financials, key customers, and more. Access this full analysis free here: https://bestgrowthstocks.com/access-lazr-analysis/ About Luminar Luminar is a global automotive technology company ushering in a new era of vehicle safety and autonomy. For the past decade, Luminar has built an advanced hardware and software/AI platform to enable its over 50 industry partners, including most global automotive OEMs. From consumer vehicle programs with Volvo Cars and Mercedes-Benz to technology partnerships including NVIDIA and Mobileye, Luminar is poised to be the first automotive technology company to enable next-generation safety and autonomous capabilities for global production vehicles. For more information, please visit www.luminartech.com. About Best Growth Stocks Best Growth Stocks is a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing our exclusive ai-assisted research. BGS is also a financial news provider, focused on giving investors direct access to CEOs of promising, publicly-traded companies, and market experts. Our CEO interviews aim to answer the questions that rest on the minds of current and future shareholders. This is not to be construed as financial advice. Please consult with a licensed financial advisor before making any investment decisions. Media Contact Best Growth Stocks Senior Editor: Steve Macalbry Editor@BestGrowthStocks.Com SOURCE: BestGrowthStocks.Com Contact Details Media Source LLC Steve Macalbry +1 989-274-7778 editor@bestgrowthstocks.com Company Website https://bestgrowthstocks.com/

September 27, 2024 07:00 AM Eastern Daylight Time

TRON DAO Unites With Global Community at TOKEN2049 Singapore

TRON DAO

Geneva, Switzerland - September 26, 2024 - TRON DAO united with the global blockchain community as a Title Sponsor at TOKEN2049 Singapore, the world's largest Web3 conference, held at the Marina Bay Sands. At the conference, Dave Uhryniak, Community Spokesperson at the TRON DAO, delivered an insightful keynote emphasizing TRON's commitment to strengthening blockchain security. TRON DAO further reinforced its presence by collaborating with key industry leaders for high-profile events, including an exclusive afterparty by TRON DAO co-hosted with HTX DAO, sponsored by Google Cloud, The Block, ChainGPT and other key industry leaders. Additionally, TRON DAO was an official supporter in Google Cloud’s "AI and Web3: Building a Trusted Digital Future," and Crypto Fight Night (CFN) Offchain Singapore. TRON founder Justin Sun delivered opening remarks at all three events, emphasizing TRON’s role in shaping the future of Web3. TOKEN2049 is a premier global conference series, where key decision-makers from across the crypto ecosystem gather to exchange insights, foster collaboration, and shape the future of the industry. TOKEN2049 brought together industry leaders, innovators, and global cultural figures, all converging in Asia’s leading economic hub to discuss the path forward for growth and development in the digital asset space. The event attracted a global audience, underscoring Asia’s critical role in driving innovation within the blockchain and Web3 sectors. Keynote from the Community Spokesperson at the TRON DAO Dave Uhryniak, Community Spokesperson at the TRON DAO, delivered an insightful keynote titled “TRON's Global Initiative to Enhance Trust and Security through the T3 FCU.” Uhryniak shared that TRON, Tether, and TRM Labs have joined forces to establish the T3 Financial Crime Unit (T3 FCU), a first-of-its-kind initiative aimed at facilitating public-private collaboration to combat illicit activity associated with the use of USDT on the TRON blockchain. This novel collaboration brings together the anti-financial crime expertise of TRM Labs, a leading blockchain intelligence firm; the technical expertise of TRON, a leading global blockchain and DAO; and external investigations team at Tether, the largest company in the digital asset industry, to create a safer and more secure crypto community for all. TOKEN2049 Afterparty TRON DAO hosted an afterparty co-hosted by HTX DAO, sponsored by Google Cloud, The Block, ChainGPT and other key industry leaders. During the opening speech, Sun shared his vision for the future of Web3, highlighting the significant progress made within the industry. The event successfully combined innovation and entertainment, featuring live music, a DJ, and three hours of complimentary cocktails, refreshments, and light bites. Attendees participated in lucky prize draws and enjoyed a variety of gifts. The evening embodied the spirit of collaboration and forward-thinking innovation, leaving a lasting impression on all who attended. "AI and Web3: Building a Trusted Digital Future" by Google Cloud TRON DAO took center stage as an official supporter of Google Cloud's exclusive event, “AI and Web3: Building a Trusted Digital Future.” At this high-profile gathering, Sun delivered a compelling opening speech, highlighting the transformative potential of the convergence between AI and Web3 technologies. Sun emphasized how the integration of artificial intelligence with decentralized blockchain networks can drive innovation, enhance trust, and build a more secure and inclusive digital future. The event underscored TRON DAO's commitment to fostering collaboration across industries and pioneering advancements that shape the future of Web3. Crypto Fight Night (CFN) Offchain Singapore TRON DAO was an official supporter of CFN, a global crossover boxing tournament that uniquely combines the excitement of combat sports with the innovation of cryptocurrency. Sun delivered an opening speech, drawing a powerful comparison between the determination of fighters and the resilience of builders within the TRON ecosystem, stressing the importance of pushing boundaries in both arenas. He commended CFN for merging combat sports with the world of blockchain technology, highlighting its contributions to the crypto industry. Sun also recognized one of the fighters, Travis, a dedicated TRON community member who fought for TRON at the event. He noted his passion and commitment to advancing the TRON ecosystem, noting his role in fostering a strong and innovative community. Travis delivered an impressive performance, winning the fight and bringing a proud victory not only for himself but also for the TRON ecosystem and its community. TOKEN2024 showcased a dynamic fusion of innovation and collaboration, with TRON DAO playing a prominent role. TRON DAO's participation underscored its commitment to empowering communities and fostering inclusivity, while reinforcing its leadership in driving progress and innovation within the blockchain industry. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of September 2024, it has over 258 million total user accounts on the blockchain, more than 8 billion total transactions, and over $20 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Yeweon Park press@tron.network Contact Details Yeweon Park press@tron.network Company Website https://trondao.org/

September 27, 2024 12:01 AM Eastern Daylight Time

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