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SOOS Expands Suite of Cybersecurity Tools with New Dynamic Application Security Testing (DAST) Capabilities

SOOS

Today SOOS, the software security company on a mission to make risk remediation affordable and accessible to all, announced the launch of its new Dynamic Application Security Testing (DAST) tool. With flat-rate, affordable pricing and easy workflow integration, SOOS is making cybersecurity accessible to more businesses. SOOS was founded on the belief that all software developers should have access to the tools they need to identify and remediate source code vulnerabilities. In a field dominated by expensive, cumbersome options, SOOS is committed to providing simple, straightforward, and effective tools. For just $298/month, SOOS offers the DAST tool plus their core software composition analysis (SCA) tool, with unlimited seats and scans. SOOS’s new DAST tool makes it easy to expand the power of OWASP ZAP to continuously test your web app and monitor for potential exploit paths. SOOS DAST integrates into your build pipeline and consolidates DAST test results with SOOS SCA scan results in a single powerful web dashboard. “Far too many developers look the other way when it comes to security,” said Eric Allard, SOOS CTO. “They think it is too expensive, or too much of a hassle, to identify and remediate risk.” “We are breaking down all the barriers, making it easy to afford and integrate security into your daily routine,” Allard added. “Now more than ever, cybersecurity needs to be front and center. We make it easy to shift left your software security and do the right thing.” For $298/month, SOOS offers access to the DAST and SCA tools, with unlimited seats. SOOS DAST Scan web apps for vulnerabilities Scan APIs–OpenAPI, GraphQL, and SOAP No limits on the number of domains No limits on concurrent scans Push issues to GitHub’s Security dashboard Scan history view Unified dashboard with SOOS Core SCA PLUS SOOS Core SCA (Software Composition Analysis) Node, Ruby, Python, Java,.Net, PHP, and many more Repo agnostic CI/CD integration Integrates with GitHub Connect to Jira or GitHub Issues Robust license policies Rich vulnerability dashboard Full scan history Customize governance rules SBOM generation in multiple formats SOOS is the easy-to-integrate software security solution for your whole team. It’s never been more important to protect against cybersecurity risks. SOOS makes it easy and affordable. Try SOOS free for 30 days or connect with us online at soos.io ### About SOOS SOOS is on a mission to revolutionize software security. Founded in 2019, SOOS makes it easy to identify and remediate open source vulnerabilities, with a straightforward pricing model and easy workflow integration. Peace of mind, without the hassle, means safer software for everyone. Contact Details SOOS Alison Kosakowski Conant +1 802-825-1312 akconant@soos.io

April 25, 2022 10:51 AM Eastern Daylight Time

Agora Data Adds Brett Beebe as SVP – Head of Corporate Business Development

Agora

Agora Data, inventor of the first -ever crowdsourced securitization, reducing interest rate line of credit and technology platform supplying book value of loans for the subprime auto industry, today announced auto finance veteran Brett Beebe as Senior Vice President, Head of Corporate Business Development. Beebe will leverage his vast industry experience to expand Agora’s reach through joint ventures and other strategic partnerships. Beebe spent more than 10 years at AmeriCredit (now GM Financial) in sales and business development leadership roles. He later held multiple senior leadership positions – including President and Chief Operating Officer – at DriverUp, an online auto finance marketplace. He’s built strategic relationships with national brands throughout his career and developed new lending channels and programs. Agora welcomes Beebe’s deep industry knowledge and indisputable track record at a fin-tech start-up. “As Agora grows, we seek to identify, partner with, and, in some cases, acquire companies that complement our mission of enabling independent dealers to maximize their growth potential,” said Steve Burke, CEO of Agora Data. “Brett is the ideal person to lead this charge. He knows how to create win-win relationships between dealers, consumers, and the industry.” Beebe noted, “Agora has already surpassed many significant milestones while providing attractive funding solutions and in-depth portfolio analytics to independent dealers and finance companies. The next logical step is to expand the company’s strategic partnerships and joint venture opportunities. It’s time to level the playing field for even more dealers and positively transform the auto industry.” About Agora Data, Inc: Agora Data’s platform delivers a suite of tools to empower independent dealers and finance companies to finance their non-prime customers. Agora’s family of auto finance products provides a wide range of critical funding paths so originators can obtain the cash they need to fuel growth, compete, and build wealth. Powered by patent pending technology, originators now have access to robust data analytics and planning resources to help optimize the performance of their portfolios. Agora Data made history by closing the first-ever Crowdsourced Subprime Auto Securitization in 2020 and followed that up with its second transaction in early 2021. For more information, visit agoradata.com or contact us at 877-592-4672. Contact Details Shelly Vandeven +1 682-282-4130 media@agoradata.com Company Website https://agoradata.com/

April 25, 2022 09:03 AM Eastern Daylight Time

First MENA fintech Pay-Now, Pay-Later school fees app zenda raises $9.4m

zenda

zenda, MENA’s first fintech app for families has announced it has secured a $9.4m oversubscribed seed round. Leading regional and global investors (STV, COTU, Global Founders Capital, and VentureSouq) participate in the oversubscribed round. zenda currently addresses pain points around the payment of school fees - in particular, the lack of convenience and flexibility in payment options for parents and the poor collection of payments for schools. zenda was founded in June 2021 by Raman Thiagarajan and Haseeb Ahmed, alumni of McKinsey & Company, where Raman led the Firm’s Financial Services Practice in the MENA region. zenda is the founders’ second start-up, and leverages deep insights and knowledge from their successful previous ed-tech venture. With approximately US$37B processed annually in fee payments to private educational institutions in the GCC, US$34B in the rest of Middle East and Africa, and US$70B annually in India, the market is sizable yet largely untapped. Fee payments in schools (nurseries - K12 - tertiary) are mostly non-digital, and even where digital, are cumbersome, manual and expensive. Also the majority of families earn monthly but fee payments are usually termly or bi-annual, resulting in cash flow stress for parents and collection delays for schools. Using zenda, families can track dues and make payments through a multitude of pay-now and pay-later options, and unlock rewards for paying on time. zenda integrates with schools through its proprietary data model and APIs (much like zapier) and eliminates last mile reconciliation challenges and delays. CEO and founder of zenda, Raman Thiagarajan said: “In today’s digital world, we seek low friction and immediacy - why should that not be the case for fee payments? Part of the ecosystem still runs on cash or cheque with no convenient option to pay later. Since our launch, feedback from the market and especially from our users has been terrific – we are grateful & pumped with the response from parents and seeing how they have embraced our service. zenda schools are witnessing a systematic increase in their collections. We have a truly outstanding team and I feel privileged that such a passionate group is with us on this journey. We are excited and hopeful for the possibilities ahead – in providing customer-centric digital financial services to solve some of the simple yet important problems for families in our regions” zenda has witnessed strong market traction with schools and with families. Its user base grew 20X since June 2021 and crossed $100M+ in annual contracted TPV volume by Q4 2021, across UAE and India. zenda’s success is also attributable to the team’s expertise and deep insights into how educational institutions operate, from their earlier venture. zenda’s mission is to help families thrive. In the future, it aims to make it easier for families to manage money and to enable their financial wellness through tailored banking and financial experiences. Commenting on the announcement, Ihsan Jawad, General Partner at STV said: “Raman, Haseeb and the team have identified a compelling gap in the market and in supporting families on a topic that is very important to them. Seeing their strong traction over the past several months, we couldn't be more excited about zenda. The UAE itself is a USD 8+ billion market for private education fees and they are already well poised to capture leadership. They have built an outstanding team and we look forward to working with them in helping zenda achieve its mission.” About zenda zenda is a fintech app for families. It enables families to pay school fees with pay-now and pay-later options, unlocking rewards for paying on time. Finance runs deeply through the family - from paying school fees to saving for short term expenses such as family trips, to investing for education. But family finance has remained stuck in a single-player paradigm. We want to change that. zenda’s mission is to help families thrive. It aims to make it easier for families to manage money and enables their financial wellness - banking and financial experiences built from the ground up, designed specifically for families. For more information please visit www.zenda.com or follow the company on LinkedIn, Facebook or Twitter. Contact Details zenda Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.zenda.com/

April 25, 2022 08:00 AM Eastern Daylight Time

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Comodo and Distilogix Partner to Deliver Zero Trust Endpoint Protection to Enterprises in the Middle East, Africa and the Eastern European Region

Comodo

Comodo Security Solutions, a leading provider of endpoint protection, today announced that they have partnered with Distilogix Distribution to boost presence and better support enterprise customers in the Middle East, Africa, and the Eastern European region. Both companies are laser focused on assisting companies in moving to a modern and full-proof approach to protect themselves from cyberattacks and security breaches. Comodo ’ s Advanced Endpoint Protection (AEP) is the only solution that prevents 100% of ransomware and other malware before any damage is done. Because endpoints are the entry way for nearly all malware attacks, Comodo AEP utilizes a patented virtual isolation capability that confines unknown files and code in a protective container until it is determined to be 100% safe. Comodo AEP is the only endpoint security solution that applies the Zero Trust principle of ‘ Never Trust; Always Verify ’. “ The costs of just one successful cybersecurity breach are becoming astronomical and potentially devastating particularly for small and medium-sized businesses,” said Ezra Correa, Vice President of Global Markets at Comodo Security Solutions. “ We ’ re excited to partner with Distilogix and extend our reach to provide a comprehensive solution for endpoint protection to our customers in the Middle East, Africa, and the Eastern European region.” “ We are very happy to be entering into this partnership,” said Mohd Elayyan- CEO and Chief Security Officer at Distilogix. “ Traditional vendors are simply not cut for the modern cyberattacks that we are witnessing day in and day out. The region is in dire need of a solution that is 100% effective and proven to protect against these threats. Together with Comodo, Distilogix plans to make the Comodo suite of cybersecurity solutions known and readily available, as well as putting Comodo in our elite partner ecosystem to ensure customer support is top notch.” For more information, visit www.comodo.com or www.distilogix.com. About Comodo Headquartered in Bloomfield, NJ, Comodo’s mission is to help customers avoid breaches with groundbreaking isolation technology that fully neutralizes ransomware, zero-day malware, and cyber-attacks that other security providers can’t do. We deliver active breach prevention with patented auto containment technology. Our Unified Endpoint integrates this technology with critical components like our highly rated advanced endpoint protection, endpoint detection and response, and endpoint management to offer a single cloud-accessible Active Breach Protection solution. Comodo’s SOC-as-a-Service team makes the solution a frictionless, high-security implementation. For more information, visit https://www.comodo.com/. About Distilogix Based out of Dubai, UAE, Distilogix is a true Value Added Distributor (VAD) focused on the development of software technologies in the Middle East, Africa, and Eastern Europe. Distilogix is deeply focused on technologies that secure IT infrastructures, cloud and applications, not only by preventing and detecting breaches, but also, by validating their security controls and posture. Contact Details Nicole Baker +1 888-551-1531 nicole.baker@comodo.com Company Website http://www.comodo.com

April 25, 2022 08:00 AM Eastern Daylight Time

Volatus Aerospace to Announce its Q4 Earnings and Fiscal Year 2021 Financial Results on Thursday, April 28, 2022

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV:VOL) (OTCQB:VLTTF) ("Volatus" or "the Company") will announce its fourth quarter and annual audited financial results for the fiscal year, which ended December 31, 2021 in the evening of Thursday, April 28, 2022. Volatus will hold its virtual-only shareholder update call on Friday, April 29, 2021, at 11 am EST. The shareholder update call will be facilitated by Volatus CEO Glen Lynch, who will review the Company’s milestones, and CFO Abhinav Singhvi, who will review the Company’s financial results for fiscal year 2021 and fourth quarter 2021, will be filed on April 28, 2022. Registration for the call can be done here. The Company will answer pre-submitted questions after prepared remarks. Investors are asked to submit their questions to investorrelations@volatusaerospace.com Schedule of Events for April 29, 2022: Shareholder Update Call: Friday, April 29, 2021, at 11 am EST Link: https://us06web.zoom.us/webinar/register/WN_Edcz8-_nQCOqh1gEorIn8Q The webcast of the conference call will also be available and archived in Volatus' investor website events section. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, and Latin America. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statement This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

April 25, 2022 07:45 AM Eastern Daylight Time

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Thomson Broadcast Signs Agreement to Acquire GatesAir

GatesAir

GatesAir (“GatesAir”), a global leader in wireless, over-the-air content delivery solutions for radio and TV, today announced that Thomson Broadcast has signed a definitive agreement to acquire GatesAir from an affiliate of The Gores Group (“Gores”). The transaction is subject to certain regulatory filings and is expected to close in the second half of 2022. Details of the transaction were not disclosed. GatesAir is a renowned company in the Broadcast industry with a history of powering over-the-air networks worldwide with unparalleled reliability over the past 100 years. GatesAir has recently seen strong growth, coming off a very successful participation in the North America Spectrum Repack program. GatesAir worked with Bowen Inc. on a robust process which involved interest from several strategic and financial parties, with Thomson Broadcast prevailing due to its highly complementary fit. The combination of GatesAir with Thomson Broadcast will create a scaled, comprehensive platform with greater capabilities in innovation, design and product efficiency and an expanded portfolio of holistic, turnkey broadcast solutions. “GatesAir is already an undisputed leader in the broadcast industry, and our combination with Thomson Broadcast will create a combined company of larger scale even better suited to meet the ever-evolving needs of our customers all over the globe,” said Bruce D. Swail, CEO of GatesAir. “I am very proud of the GatesAir team for its stewardship of and innovation in this industry over the past century and look forward to entering the next 100 years as an even stronger business leveraging the strengths of two legendary broadcast brands. On behalf of everyone at GatesAir, I’d like to thank Gores for their strategic guidance which was invaluable in growing our business and driving innovation.” “Over the course of our successful partnership with Bruce and the management team, GatesAir has driven tremendous growth and transformation through organic and inorganic initiatives, establishing itself as a premier, independent broadcast company with market leading technology and service,” said Edward Johnson, Senior Managing Director at The Gores Group. “We have no doubt GatesAir will continue on its successful trajectory and strengthen its market leadership alongside Thomson Broadcast.” For more than 100 years, Thomson Broadcast has forged extensive experience in the fields of Digital Terrestrial Transmission (DTV) and AM Radio, including DRM. Thomson Broadcast is an international French company well known in the broadcast sector. Over the past two years, Thomson Broadcast has received awards for providing exceptional DTT turnkey solutions to large-scale digital migration projects in Africa. “In 2018, we have set the goal to establish ourselves in the US Market. With Thomson Broadcast and GatesAir now united, these two companies will make us stronger in America and globally as well,” says Ylias Akbaraly, Chairman of Thomson Broadcast. "Thomson Broadcast and GatesAir together can bring innovative and revolutionary products to the broadcast industry in the centuries to come,” says Aby Alexander, President of Thomson Broadcast USA. “We are delighted to have reached this point,” says Amine Oubid, CEO of Thomson Broadcast. “From the start we were excited to work with the GatesAir team and saw the obvious fit of the two companies. The transaction closing can’t come fast enough for us. We’re very proud to participate in the rallying of two century-old companies and excited to start working together.” About GatesAir GatesAir, Inc. provides complete solutions for over-the-air radio and television broadcasting, leveraging wireless spectrum to maximize performance for multichannel, mission-critical services. Powering over-the-air networks worldwide with unparalleled reliability for 100 years, GatesAir’s turnkey solutions enable broadcasters to create, transport and transmit radio and TV content. With customers in more than 185 countries, the company leads the industry in innovation and design breakthroughs, improving efficiency and reducing total cost of ownership with all products designed and assembled in the USA. Visit www.gatesair.com for more information, Like us on Facebook https://www.facebook.com/gatesair, and follow us on Twitter at @GatesAir. About The Gores Group Founded in 1987 by Alec Gores, The Gores Group is a Los Angeles-based investment firm focused on partnering with differentiated businesses that can benefit from the firm's extensive industry knowledge and decades long experience. Over its 35-year history, The Gores Group has partnered with over 125 companies. For more information, please visit www.gores.com. About Thomson Broadcast Thomson Broadcast, headquartered in Paris, France and US operations based in West Palm Beach, FL US. Thomson Broadcast has deployed more than 50,000 equipment’s in more than 170 countries, actively participating in the evolution of television and radio transmission. Through the development of the Pulse Step Modulation (PSM) in Radio and creating the automatic Digital Adaptive Pre-Correction (DAP), Thomson Broadcast has largely contributed to shaping the transmission market in both TV and radio. All these have led to the success in winning multiple awards and gaining more than 50 patents in technologies that have become fundamental to the broadcast industry. Visit us at www.thomsonbroadcast.tv for updates and news. You can also find us on: LinkedIn: www.linkedin.com/company/thomson-broadcasttv Twitter: www.twitter.com/ThomsonBRCST Instagram: www.instagram.com/thomson_broadcast Contact Details GatesAir Brian Galante, Dimension PR +1 570-898-2224 brian@dimensionpronline.com The Gores Group Jennifer Kwon Chou, Managing Director +1 310-209-3010 jchou@gores.com Sard Verbinnen & Co John Christiansen/Cassandra Bujarski/Kevin Siegel GoresGroup-SVC@sardverb.com Thomson Broadcast, Public Relation department 561-861-6111 EXT 502 communication@thomson-broadcast.com

April 23, 2022 06:00 PM Eastern Daylight Time

Volatus Aerospace Suspends Strategic Investment in Delta Drone SA

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV:VOL) (OTCQB:VLTTF) ("Volatus" or "the Company") announced today that it has suspended the plan to make a strategic investment in Delta Drone SA that was previously announced on March 3 rd, 2022. Commenting on the decision, Glen Lynch, CEO of Volatus said “As the due diligence activity was being carried out it was apparent that some aspects of the transaction were not positioning well for the planned Volatus activity. Coupled with the unprecedented turmoil caused by the Russian invasion of Ukraine and resulting volatility in European markets, timing for pursuit of such an investment no longer made sense for Volatus”. The two companies have agreed to continue exploring opportunities to work together for each other’s mutual benefit. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, and Latin America. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Information This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Volatus Aerospace Corp Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

April 23, 2022 11:12 AM Eastern Daylight Time

World’s Fastest EVM Completes its First Hackathon

Telos Foundation

Telos Blockchain (ticker: TLOS), home to the world’s fastest, most inexpensive, energy efficient ( Net Zero ), non-congested, credibly neutral, truly decentralized and non-aiding and abetting ( No front running / MEV ) tEVM, is thrilled to announce the winners of the Telos Spark hackathon 2022! The entire team is ecstatic by the number of entries received for the first Telos Spark Hackathon. There were 156 entries and 26 published projects; The team is proud and truly inspired by the traction of this initiative. So many great projects that the team allocated another 20k TLOS to add two more finalists. The judging of these projects ended up being an incredibly challenging task for the team due to all the quality entries. Especially because they were all promising and unique. The most prevalent common denominator that all these great projects had in common was the dedication by each individual team. “These last couple of weeks have blown away all our expectations. Many quality projects are now growing deep roots within the tEVM, and they are loving it and we them. Lots of synergy here and lots of gravity to the speed, low fixed costs and credible neutrality of the tEVM. Telos is not just a hackathon chain. It is a perfect place to build high-performance, scalable and real-world-ready applications!” Justin Giudici, CEO of the Telos Foundation Please congratulate the Telos Spark Winners! ( Watch Video Here ) 1st place: Kluest - 100,000 TLOS 2nd place: Telos Spark Bridge - 50,000 TLOS 3rd place: Chedda - 10,000 TLOS 4th place: Refund - 10,000 TLOS 5th place: Telos.Build - 10,000 TLOS 6th place: VideoWiki - 10,000 TLOS 7th place: Shojiru. - 10,000 TLOS Take a moment and watch the initial video submitted by our first-place winner; From the entire Telos Team, Congratulations! A big thank you to ALL participants of the Hackathon, and please continue to build on Telos! There will be many more hackathons coming. Please continue to follow us on social media. Some inner thoughts: "The dedication, quality, and performance of the Kluest team lead the way. We are excited to see a hackathon project close to a genuine product and could be launched on Telos EVM very soon!" Kersten Wirth, Program Manager & Speaker of the Jury, Telos Core Development "Seeing these applications built in such a short time is exciting. I am always thrilled to see executed transactions on testnet and mainnet in our block explorers as proof that the teams created something that works!" Jesse Schulman, Lead Architect and TCO, Telos Core Development "We have been overwhelmed by the quality of applicants to the Spark Hackathon. The engagement process with applicant teams has been an inspiration, demonstrating the continued strong growth profile in our dApp ecosystem. We can't wait to have these projects built on Telos!" AJ Dinger - Head of Business Development, Telos Foundation "The proof that Telos EVM is ready to accept virtually any project and development and allows teams to build real solutions in such a short time frame is impressive. We are proud that our work enables the Ethereum communities to migrate and deploy on tEVM in a breeze." Douglas Horn,, Strategy and Vision, Telos Core Development On behalf of the entire Team, we want to also thank our friends at Taikai ( https://taikai.network ) for their outstanding support and incredible platform - built on Telos. Some take away notes from the dApps: The majority of these teams have built a dAPP on Telos for the first time. All were excited about easy deployment, fanatic technical support, super-fast transactions, overall performance, and extraordinary low cost. The Seven Telos Spark Finalists KluestApp – (Real World #Metaverse) Allows users to create, play, share & monetize interactive experiences using proven cutting-edge augmented reality & geolocation technologies. https://kluest.com/ Telos Spark Bridge - It is a seamless solution for users to access various dApps to effortlessly bridge their tokens between #Telos native and tEVM at a fraction of the cost and effort. https://spark-bridge.tswaps.com/ Chedda - A lending protocol with isolated lending pools and VE token mechanics allows the token holders to direct token emissions to lending pools. https://telos-hackathon.chedda.store/lend Refund - An expense management system for DAOs. The app tracks and files expenses such as fuel, travel, and meals. Refund makes it easier to track and reimburse all the expenses in your DAO. https://github.com/aleksandargolubovic/TelosSparkHackathon Telos Build - A fundraising platform exclusively for the Telos EVM. https://telos.build/about VideoWiki - Turn your Event Audience into #NFT Fan Clubs. Conduct audience drops for your townhalls, launch parties, and AMAs. https://video.wiki/ Shojiru - A proof-of-concept of a native Telos yield optimizer. A yield optimizer with improved tokenomics to provide a further yield to farmers. https://shojiru.netlify.app/ About Telos Live since 2018, Telos Blockchain (ticker: Tlos) is a third-generation smart contract platform that offers compatibility with Solidity, Vyper and Native C++ smart contracts. Telos provides full EVM/Solidity support with fixed low-cost gas fees and no front running. Uniquely, Telos also offers a path to fee-less transactions via its robust native C++ smart contract support. Even while operating as a Net Zero Blockchain, the chain still sustainably support hundreds of millions of transactions per day, produces blocks in 0.5 second intervals (on a first-in-first-out basis, eliminating front running on the network) and securely validates transactions via a credibly neutral and globally decentralized block producer network. The Telos Blockchain has the throughput needed to facilitate and scale the thriving Metaverse / Web 3.0 better than any other blockchain. Its performance is unrivaled in the industry and was purpose-built to offer speed, scalability, cost-effectiveness, credible decentralization, and end-user fairness. Telos, harnesses its power by utilizing tight C++ on the frontend and a custom WASM runtime environment on the backend. About The Foundation The Telos Foundation is a Decentralized Autonomous Organization established as a promotional and funding body to advance the Telos Blockchain Network and provide support to network applications. Contact Details The Team hello@telosfoundation.io Company Website https://www.telos.net/

April 22, 2022 04:57 PM Eastern Daylight Time

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Wrapped Hotels NFT: Pioneering the fractional real-estate scene of the Metaverse

Wrapped Hotels

Wrapped Hotels is an NFT project announcing its upcoming Genesis Launch of 999 hotel rooms on the 28 of April. The multifold growth of metaverse over the past few years has been intriguing. And rest assured that this growth isn’t slowing down any time soon. By 2026, 25% of the people shall spend at least one hour daily in the metaverse, reports Gartner. This brings an opportunity for all to make money in the virtual wave. Individuals, as well as businesses, shall improve their income by building metaverse products. Moreover, about 30% of the businesses shall have metaverse products and services ready by 2026. Therefore, investing and earning in the metaverse is an exciting opportunity, especially if you are up for a long-term game. One of the key investment opportunities in the metaverse is real estate. As per a report, the metaverse real estate was valued at $0.5 billion which is expected to double i.e., $1 billion in 2022. Currently, 4 players are ruling the metaverse real estate market namely The Sandbox, Decentraland, Cryptovoxels and Somnium. The Sandbox rules the market with 62% market share followed by Decentraland with 34%. The Cryptovoxels and Somnium have a combined market share of 4%. Another report predicts, that for the next six years the metaverse real estate to grow at a CAGR of 31%. How Wrapped Hotels Will Change the Metaverse Real Estate? At present, the metaverse real estate has options for buying land, homes and workplaces. After hanging out in one place for a long time you may feel monotony. Moreover, if you want to earn income from it, you’ll have to find a person who wishes to buy or rent your place. Here come Wrapped Hotels to your rescue. If you want to know how? Let me elaborate. Wrapped Hotels is a digital hotel with each room having unique features. The project has a supply of 10,000 rooms. Further, each room has three categories for use. One of the categories is rooms, accounting for 95% of the total supply. The remaining 5% supply comprises lounges and reception desks. The project uses ‘The Sandbox’ metaverse for its’ virtual chain of Hotels. The project allots to each of its NFT holders to a deed of ownership for a room located in The Sandbox metaverse. Similar to a real-world hotel, users can rent their rooms and generate a passive income. Coming to the ambience of the rooms that are out of this world (pun intended). The project team has worked hard on the aesthetics of the room by providing over 200 jaw-dropping furniture models (traits). Also, the furniture well caters to the utility of the room. The other aspect is that no two rooms are alike and hence an element of surprise for the people renting a new room every time. How Do I Earn from Wrapped Hotels? This is a question worth asking once you have seen the mind-boggling design of the rooms. Consider, Wrapped Hotels a commercial real estate. To explain further, real-world commercial properties like hotels, malls, shops etc. attract people & businesses and in return generate income. The same is the case with this digital hotel. Initially, the project aims to crowdfund The Sandbox plot. The people crowdfunding the plot will get project NFT in return which will signify ownership of the room. As there will be 10,000 rooms, therefore each NFT will correspond to the 1/10,000 th part of the plots. Each owner shall have the liberty to monetise their part by organising events, showcasing an NFT collection, a virtual party etc. Other than this, the room owners will get additional 8% redistribution of secondary market sales royalties. This yield comes from the staking of rooms, and gets a multiplier in the form of a colour attribute; the colour of the walls represents the tower your room lies in. So, if you own multiple rooms in the same tower, you will get a higher return on investment. The ROI calculation doubles further if the rooms are on the same floor of a tower. Project Roadmap The Q1 of 2022 marks the start of the project. The Q1 shall commence with the community growth and exclusive raffles with NFT airdrops and prizes for whitelisted members. Upon reaching a sales milestone the room owners will get benefits. At 5% sales, 2 whitelisted members will get free NFTs room airdrops. The same giveaways will be conducted at 25%, 75% and 100% sales milestones. During the sale, the Wrapped Hotel team will launch a Merch store, organise giveaways, conduct paid promotions, and funds transfer to the community wallet. The Opensea royalties redistribution among the room owners will commence upon achieving 100% sales. The Q2 of 2022 will bring up the heat with land selection for hotel development in The Sandbox metaverse with the vote from room owners. This will be done by the mean of a community vote regarding the choice of lands where the Wrapped Hotels will be located on. Upon acquisition of the land, the French VoxEdit design team will import the rooms and buildings to give you an awesome experience. Upon full integration of the hotels, they will be ready for the grand opening featuring famous artists (think SnoopDog or Deadmau5 ) and brands ( Gucci and Carrefour ) already metaverse based. In the third quarter of 2022, the room owners will be able to lend or rent their rooms via the Wrapped Bookings app. The lounge and reception area owners get a fee upon getting a booking in the hotel. The excitement and elements of surprise won’t stop here but will continue with the development of the Wrapped ecosystem. You will get to know about them through the Wrapped Hotel website and our loyal community on Discord. Genesis Sale: An Opportunity for Earning Greater Returns Wrapped Hotel is giving us an opportunity to participate in the Genesis pre-sale. There are 999 rooms available for sale. 10% of the Genesis room holders will further get lucky with a free NFT Airdrop during the public sale. Increased chances of minting rare NFTs i.e., lounge and Reception Desk. Increased redistribution rate as the overall room point allocation is higher on the Genesis Presale. Thus, a higher drop rate of rare rooms also means an higher passive income redistribution compared to the Public Sale one. Genesis room owners will get numerous giveaways of IRL resorts and hotel experiences. About Wrapped Hotels Wrapped Hotels is a collection of 10.000 unique and finely designed rooms.Holding any of these rooms will grant you access to the Wrapped ecosystem that will include an airdrop of its equivalent structure in the metaverse as well as a passive income stream from the first quarter. This 3D version will be part of our towers on The SandBox and yours to rent or party! Contact Details Wrapped Hotels Media Group wrappedhotels@gmail.com Company Website https://wrappedhotels.io/

April 22, 2022 12:43 PM Eastern Daylight Time

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