Hong Kong Fund Looks to Raise $100M For Digital Assets, Signuptoken.com is the Next Happening Crypto

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April 7, 2023

One of Hong Kong’s new investment funds – ProDigital Future – is looking to raise a total of $100 million for investment into the digital asset industry, as part of a larger drive on the country’s part to become a Fintech hub.

The fund is led by Ben Ng and Curt Shi. Ben Ng is a venture partner at an Asian private equity firm called SAIF partners. Curt Shi is a long-time tech investor. Together, the pair have managed to secure funding commitments to the tune of $30 million.

The inflow of money comes at a time when the U.S. is cracking down heavily on crypto firms. On the other hand, Hong Kong is trying to court as much investment as possible to break out of the 3-year slowdown, mainly because of covid-related controls across the country.

ProDigital Future’s investment strategy is to target early-stage and developing ventures, mostly Chinese-connected tech companies that are transitioning into emerging technologies such as Web3.

Until now, the fund has invested in six digital asset projects, including Metaverse Company Gigaspace and sports club One Future Football.

As expected, Investors have been cautious about pitching their money to new crypto projects but there is considerable interest from Hong Kong families and also Chinese Families from Australia and Singapore.

Alongside private companies, the Hong Kong Government is also interested in courting investment inflows into the crypto industry.

On the 28th of April, a round table meeting will be held to brainstorm the various ways the country can use to become a global hub. Discussions will also be held on how to make crypto products user-friendly and compliant with government regulations.

China’s hostile attitude toward digital assets in previous years affected the investment climate in Hong Kong as well since the two countries’ economies are deeply connected.

Since the U.S. – particularly the SEC – has been hard on this industry, other countries including El Salvador, Thailand, and now Hong Kong are actively trying to attract investment into their countries.

Not every country is eager to create crypto hubs. Singapore remains wary of cryptocurrency trading but is interested in the use cases of blockchain and the innovations cryptocurrency has to offer.

Signuptoken.com Attracts a Lot of Hype with its Email Sign-Up Program

This is a cryptocurrency operating on a concept you have probably never heard of before.

Signuptoken.com is signing up email registrations for its hyped crypto project. Once the website successfully registers 1 million emails, the users who signed up will get notified of when the token goes live and enjoy the benefits of being early members.

So far, Signuptoken.com has signed up 3,000 email addresses and continues to gain traction in the crypto community.

Want to get in on the ground floor of Signuptoken.com? Simply register your email address and hang tight!

Sign Up with Signuptoken.com:

Website: https://www.signuptoken.com

Twitter: https://twitter.com/_SignUpToken_

Telegram: https://t.me/SignUpToken

Can the blockchain save the environment? Mooky has made it come through?

By

TI Partners

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April 7, 2023

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Blockchain explanation Blockchain is a decentralized, immutable database that streamlines business network asset tracking and transaction recording. An asset might be material (such a house, vehicle, cash, or piece of land) or intangible. Practically everything of value may be recorded and traded on a blockchain network, which reduces risk and boosts efficiency for all parties.

The importance of blockchain technology Businesses needs the information to function. It is ideal if it is swiftly acknowledged and accurate. Since it delivers real-time, shareable, and completely transparent data that is held on an immutable ledger and only available to participants of a permissioned network, blockchain is the perfect technology for delivering this type of information. A blockchain network may, among other things, monitor orders, payments, accounts, and production. You can observe every facet of a transaction from beginning to end since everyone has access to the same truth as well, which boosts your confidence and creates new opportunities.

Each transaction is tracked by a “block” of data after it has taken place. These transactions demonstrate the transfer of commodities, which might be either an intangible or a tangible product (intellectual). Information about who, what, when, how, the how, and even the state, such as the temperature of a food shipment, may be included in the data block. There is a connection between the bricks that happened earlier and later. These blocks form a chain of information whenever an object is transferred between locations or when ownership changes. The blocks guarantee the precise time and sequence of transactions, and they securely connect to one another to avoid any blocks from being modified or from being added between two existing blocks. An indestructible network of data is called a blockchain wheretransactions are blocked together.

Every new block strengthens the verification of the previous block and, consequently, the chain in its entirety. This makes the blockchain tamper-evident and provides it with its essential strength of immutability. By doing so, you and other system users may establish a reliable record of all transactions, removing the possibility of manipulation on the part of malicious actors.

What ought to alter: Operations routinely waste time and money on redundant record-keeping and third-party validations. Systems for keeping records might be vulnerable to cyber-attacks and fraud. A lack of transparency may make it more difficult to verify data. And the proliferation of IoT has increased the volume of transactions. As all of this drags down the business and hurts the bottom line, we need a better answer. Introducing blockchain.

How Mooky blockchain can save the environment?

The management of MOOKY, a token owned by the community, is decided by a DAO vote. Owners of the platform are token holders.

Beta testing is presently taking place for MOOKY’s pre-sale. Be a market inventor for the community-controlled and soon-to-take-off Defi meme currency.

The cutest and coolest meme token of 2023 is MOOKY! To improve our environment and bring about change, we will assist in planting trees all around the world.

Because there is no tax, there are no slippage requirements when buying or selling on Mooky. The best alternative for the community is low-tax tokens. For two years, the liquidity will be restricted. There are no private sales, VC, or team tokens.

3D Mooky NFTs are inventive and useful! Each NFT also has a verifiable connection to a tree that was planted in the actual world. You can become a member of the Mooky Ventures club if you own a legendary or extremely rare card. Just give it a go! Create one of our unique NFTs.

With the Ventures club, owners of legendary and ultra-rare NFTs are given a special advantage. Profit from our offerings, biweekly airdrops from our collaborative platforms, and passive income from our investment portfolio. Everything is visible on a dashboard!

Why Algorand (ALGO) And Cosmos (ATOM) Are Struggling to Survive While TMS Network (TMSN) is Concluding Presale Before Schedule

By

TI Partners

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April 7, 2023

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Market volatility is unavoidable with cryptocurrencies. The decentralized feature is making it a more dynamic, and rapidly evolving space. Hence, even long-standing projects fail to sustain themselves if they do not evolve. Combined with the bearish market conditions, it has made nailing a secure and profitable cryptocurrency daunting.

Currently, TMS Network (TMSN) stands a notch above the crowd with its performance. It has grabbed the attention of investors from mainstream cryptos like Algorand (ALGO) and Cosmos (ATOM). Here, we try to gain insight into the developments.

Cosmos (ATOM) Prices Fall Despite Active Community

For the last few months, Cosmos (ATOM) community has been active, as indicated by the increase in its number of ‘draft props’ and forum activities. Cosmos (ATOM) is also introducing a new Governance Hub to streamline the onboarding of consumer chains, and increase their adoption. However, the Cosmos (ATOM) community could not adopt the plan seamlessly due to its vastness. It has created chaos that Cosmos (ATOM) is not able to handle well, resulting in its price decline and a struggle to survive.

Consequently, even though the crypto market is up by 3.96%, the value of Cosmos (ATOM) has been significantly dropping, witnessing a 6.63% lately. Currently, Cosmos (ATOM) is priced at $11.14, a 74% drop from its peak price of $44.70. However, experts are optimistic about Cosmos’ (ATOM) future.

Algorand (ALGO) Expands Its Footprint to India Amidst Intense Selling Pressure

While the cryptocurrency market has undergone a correction, Algorand (ALGO) is facing immense selling pressure. Amidst this, Algorand (ALGO) has opened its branches in India, named ‘Algo Bharat,’ to increase its global presence. Algorand (ALGO) intends to increase the Web3 space, and accelerate the adoption of blockchain technology in the country. To take the vision forward, Algorand (ALGO) is also looking to form strategic partnerships.

The move has worked for Algorand (ALGO) in helping it to arrest its steady price decline. The latest trading value of Algorand (ALGO) is $0.21. The value has increased by 12% post-launch in India, and 0.66% in the last 24 hours. However, it is still about 93.45% below its all-time-high price of $3.28. Unfortunately, experts predict a decline in the future price of Algorand (ALGO).

TMS Network (TMSN) Continues to Outshine Competitors and Records New Market High

The explosive presale rally of TMS Network (TMSN) continues to impress traders and investors. TMS Network (TMSN) has established itself as a top-tier cryptocurrency in record time. Its first presale rally was spectacular, with a collection of $500k, and the saga continues in its second presale stage.

Currently, TMS Network (TMSN) is trading at $0.06, a stunning growth percentage of 1400%. However, experts forecast plenty more room for growth, which translates to record-breaking profitability.

So, what is it about TMS Network (TMSN) that has successfully grabbed all retail and institutional investors’ attention, and has managed the market turbulence seamlessly? The answer to it, in a nutshell, is a clear mission and impressive leadership of TMS Network (TMSN).

A few unique features of TMS Network (TMSN) include:

Easy Global accessibility with the ability to trade multiple derivatives like CFDs, Forex, stock, and more, on a single platform.
No requirement to open an account. A mere connection with the wallet is enough to allow anybody to trade.
Unique Copy Traders Functionality through which any trader can copy the trade moves of successful traders of TMS Network (TMSN). It increases your chances of profitability.
Safe, transparent, and low transaction cost.
Additional perks through its revenue-sharing model, voting rights, and other trading tools.

Hence, we can safely surmise that while cryptocurrencies like Algorand (ALGO) and Cosmos (ATOM) are struggling to get their game right, TMS Network (TMSN) appears to have aced the game. It looks poised to lead the market of cryptocurrency as none did before.

Learn more about TMS Network here:

Presale: https://presale.tmsnetwork.io

Website: https://tmsnetwork.io

Telegram: https://t.me/TMSNetworkIO

Twitter: https://twitter.com/@tmsnetwork_io

The AI’s Tractor Moment And Why AI Hardware Will Become the X-Factor in this Race

By

Ndubuisi Ekekwe

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April 6, 2023

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Artificial intelligence (AI) will create more opportunities, similar to what happened more than a century ago, when tractors moved into farms, displacing some farm workers, but making farming a better business. As those farms became mechanized, the number of people employed in agriculture dropped, but farm outputs and productivity accelerated. The old Rev Malthusian postulation that man (and woman) would run out of food due to food production accelerating in arithmetic progression in a world growing in population geometrically, was evidently punted for good.

Today, in the European Union, less than 5% of the working population are employed in agriculture, and yet, they produce enough to eat and export. In Africa, we hover in the excess of 65%, producing poverty where farmers need help with food!

The AI race is opening another phase of that massive labour translation where most people in some of the things we do would be displaced and dislocated. The invention of AI and the new species of AI systems we’re experiencing will have consequential impacts in the natures and forms of work.

As ChatGPT blasts its scientific magics, Google is putting Mind into Brain: “Google Brain and DeepMind—the company’s two main AI units, which have long operated separately—would work together more closely on efforts to build large algorithms. ‘I expect a lot more, stronger collaboration, because some of these efforts will be more compute-intensive, so it makes sense to do it at a certain scale together,’ Google CEO Sundar Pichai.

As that happens, a new basis of competition has been opened by Google: “Google published details about its AI supercomputer on Wednesday, saying it is faster and more efficient than competing Nvidia systems. While Nvidia dominates the market for AI model training and deployment, with over 90%, Google has been designing and deploying a chip, called Tensor Processing Unit, for artificial intelligence since 2016, partially for internal use.”

Yes, the hardware will create a separation. Apple won the mobile world by creating proprietary hardware that powers exclusive software. Google understands that redesign and is going for an x-factor. Indeed, for the AI systems to advance at the software level, the hardware which crunches the bits and bytes must evolve. If you control that evolution in machines, you win the race. Every software is limited by the hardware which runs it; expanding that nexus will provide massive opportunities. That explains why Apple will play a role because it knows how to make great chips especially for consumer markets.

Hardware will advance and AI systems will accelerate in performance, and what happened in farms more than a century ago will begin to take place at scale in companies. But as that happens, AI will make the European labour laws go global as technology redesign causes dislocations in markets. Yes, you cannot just fire workers – and governments will demand that as adoption begins to transform industries.

After announcing the largest rounds of layoffs in their history, US big tech companies are now learning how difficult it is to reduce headcount in Europe.

In the US, companies can announce widespread job cuts and let go of hundreds if not thousands of workers within months — and many have. Meanwhile, in Europe, mass layoffs among tech companies have stalled because of labor protections that make it virtually impossible to dismiss people in some countries without prior consultations with employee interest groups.

This has left thousands of tech workers in limbo, unsure about whether they’ll be affected by negotiations that can drag on indefinitely.

Comment on Feed

Comment 1: Hey Ndubuisi, great post! I definitely agree with your point about the importance of AI hardware in the development and adoption of AI-powered solutions. It’s not just about the software or algorithms, but also about the hardware that can efficiently and effectively run those algorithms.

The AI tractor example you mentioned is a perfect illustration of this. By developing hardware specifically designed for AI-powered farming equipment, John Deere was able to significantly improve the performance and capabilities of their tractors. And as you mentioned, this is just the tip of the iceberg – there are so many other industries and applications where AI hardware can make a huge difference.

Overall, I think it’s exciting to see how AI hardware is evolving and becoming more specialized. It opens up new possibilities for innovation and could really transform the way we live and work. Thanks for sharing your thoughts on this topic!

Comment 2: It’s getting more interesting.The AI supercomputers will incorporate specialized hardware acceleration technologies, such as graphics processing units (GPUs), tensor processing units (TPUs), or field-programmable gate arrays (FPGAs), which are optimized for AI workloads.
These specialized hardware accelerators can significantly speed up AI computations, making AI supercomputers more efficient and capable of delivering higher performance compared to general-purpose computing systems.

Google to Integrate ChatGPT’s Kind of AI into Search – Pichai

By

Samuel Nwite

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April 6, 2023

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Google is planning to onboard conversational AI to its flagship search product, following the intimidating momentum gathered so far by rival, OpenAI’s ChatGPT.

Alphabet’s CEO Sundar Pichai revealed this in an interview with Wall Street Journal, where he explained that the plan involves using Large Language Models (LLM) to elaborate search contexts with conversational features.

“Will people be able to ask questions to Google and engage with LLMs in the context of search? Absolutely,” he said.

Google has already said it would integrate LLMs into search, but this is the first time the company has announced plans for conversational features.

Alphabet, Google’s parent company, was rattled by the emergence of ChatGPT and Microsoft’s decision to incorporate it into Bing, its search engine. The web search giant has been working to protect its market dominance using AI model languages. Google launched Bard, its ChatGPT 3 equivalent; to counter the threat Microsoft’s incorporation of AI-powered chatbot may pose to its ad business.

Google controls 93.4 percent share of the worldwide search market, a near total dominance that Microsoft said it intends to disrupt by adding OpenAI’s ChatGPT 3, which provides humanlike context to queries, to Bing.

Pichai told WSJ that he saw AI chat as a way to expand its search business, rather than a threat. “The opportunity space, if anything, is bigger than before,” he said.

ChatGPT 3 triggered a global AI language model race, with Microsoft, which has invested billions of dollars in OpenAI, leading the pace. Google falls behind after apparently being rattled by the events. The tech giant issued ‘code red’ late last year, following the ChatGPT 3 frenzy, which saw the chatbot racked up more than 100 million users in about three months after launch – the most for any company.

Bard hurriedly launched, failed to produce convincing performance during a test run, giving credence to ChatGPT as the top choice in the AI chatbot frenzy. Though Google said it does not intend to incorporate Bard into search for now, it has not concealed its plan to expand the use of AI language model in its business. Bard is designed strictly as a chat product on a standalone site and it’s so far not used in search.

OpenAI recently rolled out GPT 4, and improved version of its AI language model that it has placed on premium. Microsoft has also integrated it into Bing to use its uncanny abilities to further promote the search engine.

Google employees had criticized the company’s rush to launch Bard, blaming the decision for the incorrect, inaccurate or inappropriate responses the chatbot gave during its trial.

But Pichai recently said Google would soon switch to a more capable language model in an effort to close the gap.

Last month, the CEO told employees that a lot of things will go wrong as the company works to expand access to the AI language model. Google plans to allow more collaboration between divisions like Google Brain and DeepMind, its two primary AI units, as a way to ensure efficacy of its AI language model.

“Expect a lot more, stronger collaboration, because some of these efforts will be more compute-intensive, so it makes sense to do it at a certain scale together,” he said.

Conversational AI features will be added to Google’s search engine, Alphabet CEO Sundar Pichai confirmed to The Wall Street Journal, as the tech giant ramps up its artificial intelligence efforts. Pichai countered the idea that ChatGPT and other bots pose a threat to its core search business by saying, “The opportunity space, if anything, is bigger than before.” The AI race is unfolding as Google faces pressure to cut costs while increasing productivity, with WSJ reporting that Pichai “wouldn’t directly address” the prospect of more staffing cuts following January’s layoff announcement affecting 12,000 people.

Google lifted the veil on one of its AI supercomputers on Wednesday, saying it’s more powerful than Nvidia’s AI model training and deployment systems.

Labor laws in Europe are making it tougher for tech giants, including Google, to lay off staff there, Bloomberg reports. (LinkedIn News)

Hong Kong Fund Looks to Raise $100M For Digital Assets, Signuptoken.com is the Next Happening Crypto