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Tencent Cloud, Ledger and More Web3, Gaming & Investment Players Gather at the MultiversX Hub Seoul

STORM Partners

MultiversX, the leading layer-1 smart contract platform, known for its highly scalable, secure and robust infrastructure, has announced the Seoul Hub event scheduled for November 14, hosted by the nonce community location. Planned as an Upbit D Conference side event, the Hub will follow the extensive presence of the team at UDC, with MultiversX CEO Beniamin Mincu set to take the stage. The one-day event includes keynote sessions, technical presentations, panel discussions, workshops, a coding challenge, as well as networking opportunities and a party to conclude the day. Among the global experts attending the MultiversX Hub Seoul will be representatives from Tencent Cloud, Ledger, Pantera Ico Group, Presto Labs, Four Pillars, BIFROST and more. They will cover everything from gaming and NFTs, business, research, investment and beyond. MultiversX Hub is a new platform designed to spotlight the most relevant voices within the crypto, blockchain and tech spheres in strategic areas around the world and to connect them with exciting projects developing on MultiversX. In Seoul, participants will have the chance to connect with the team behind CyberpunkCity, an MMORPG currently in public alpha that combines immersive Metaverse experiences and creative tools of true digital ownership. On the DeFi side of the event, attendees can explore the industry-defining payment products from Pulsar Money, while NFT enthusiasts will get insights from XOXNO, the largest marketplace in the MultiversX ecosystem. The event will also host a developer-centric challenge to brainstorm, collaborate, innovate, and build using the MultiversX network. The team has prepared a series of workshops for developers to explore the MultiversX infrastructure, and encourage them to propose real-world solutions, pitch their ideas and win up to $2000 in prizes. " As the MultiversX protocol and ecosystem have matured and attracted significant interest from some of the largest tech companies in the world, including Google Cloud, Deutsche Telekom or AWS, we are in an exceptional position to provide a unique platform for advancing the discussion on the next evolution of blockchain and other emerging technologies. Seoul provides us with a great opportunity to kick-start the MultiversX Hub in one of the world's innovation centers, connect with some of the brightest minds in the industry in Asia, and expand our strong partner base, " said Beniamin Mincu, MultiversX CEO. The full event agenda, as well as a registration option, are available here: https://lu.ma/MultiversXHubSeoul About MultiversX A highly scalable, secure and decentralized blockchain network created to enable radically new applications, for users, businesses, society, and the new metaverse frontier. Distributed by STORM Partners. Contact Adrian Bono for interviews and quotes - adrian.bono@storm.partners or telegram @STORMPartners Contact Details Media Contact Dan Voicu, Head of Communications dan.voicu@multiversx.com

November 13, 2023 03:29 PM Eastern Standard Time

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Is ChainGPT Pioneering the Bridge from Crypto to AI?

HTX

AI is Swallowing the world The AI landscape is currently ablaze with excitement and innovation, all thanks to the momentous updates revealed for ChatGPT during this week's conference. The event was not only marked by the highly anticipated launch of Elon Musk's Grok but also by the promise of a new era of breakthroughs in AI. This electrifying development has set the industry abuzz with enthusiasm and heightened expectations, as it paves the way for unprecedented progress and possibilities in the world of artificial intelligence. The updates to ChatGPT are nothing short of groundbreaking. They have taken a system that was already cutting-edge and pushed its capabilities to new heights. The improved ChatGPT demonstrates the continuous drive for excellence and innovation within the AI community. It promises more accurate responses, better understanding, and an enhanced ability to engage in natural language conversations. This not only fuels excitement but also raises expectations for how AI can be integrated into various aspects of our lives. Moreover, the launch of Elon Musk's Grok is a testament to the fact that influential figures are recognizing the transformative potential of AI. Grok's entry into the AI arena is highly anticipated, given Musk's track record of pushing technological boundaries. It's not just a new player in the game but a potential game-changer, bringing with it fresh perspectives and ideas. These developments set the stage for an exciting and promising future in AI. The industry is eagerly awaiting the potential breakthroughs that these innovations could bring, and rightfully so. As AI continues to heat up the industry, it's clear that we're on the brink of a new era of innovation, where the boundaries of what is possible continue to expand, and the potential applications of AI become even more limitless. The journey ahead is one of transformation, where the power of AI will reshape the way we live and work in ways we're only beginning to fathom. ChainGPT Is Designed for the Crypto World While ChatGPT has indeed been a pioneer in the realm of natural language understanding, the AI landscape is being invigorated by another significant player, known as ChainGPT. While these two technologies share certain commonalities, ChainGPT brings unique strengths and capabilities to the table, setting it apart as a game-changer in its own right. One of the standout features of ChainGPT is its adaptability and capacity for rapid, seamless updates. Unlike traditional AI models that might require lengthy development cycles to stay current, ChainGPT thrives on agility. It can swiftly and continuously absorb the latest information from the vast expanse of the internet. This dynamic ability ensures that ChainGPT remains on the cutting edge of knowledge, keeping pace with the ever-evolving landscape of technology and information. The significance of this real-time updating capability cannot be overstated. In a world where information changes at a breakneck pace, having an AI model that can adapt and provide the most recent insights and knowledge is a tremendous advantage. It's like having a knowledgeable expert at your fingertips, always armed with the latest information to address your inquiries This adaptability also allows ChainGPT to stay current in a variety of domains, making it an invaluable resource for professionals, researchers, and enthusiasts. Whether it's staying up to date with the latest developments in technology, science, or even pop culture, ChainGPT's ability to provide relevant and timely information is a powerful asset. Furthermore, this adaptability extends to the cryptocurrency space, where ChainGPT's specialized knowledge truly shines. In an industry where every second can make a significant difference, ChainGPT's real-time updates are a boon for crypto enthusiasts and traders. It can offer technical analysis (TA), provide market insights, and deliver up-to-the-minute pricing information for cryptocurrencies, giving professionals the edge they need to make informed decisions. In essence, ChainGPT's ability to adapt and stay current is revolutionizing the way we access and utilize information in an ever-changing world. It's not just an AI model; it's a dynamic, real-time knowledge source that's ready to provide you with the most current insights, no matter the subject, and particularly excelling in the world of cryptocurrencies. ChainGPT Can Merge Crypto and AI ChainGPT, with its unparalleled focus on cryptocurrencies, stands out in the AI landscape. In an era dominated by digital assets like Bitcoin and Ethereum, ChainGPT becomes an essential asset for those navigating the intricate world of crypto trading. Its proficiency in technical analysis (TA) is a standout feature, enabling meticulous scrutiny of price charts and historical data for informed decision-making in the volatile crypto market. Beyond TA, ChainGPT serves as a virtual oracle, distilling crucial information from news, social media, and market reports, empowering traders with timely insights. Its real-time pricing updates for various cryptocurrencies further reduce the risk associated with rapid market fluctuations. With specialized knowledge and real-time capabilities, ChainGPT becomes an indispensable tool for trading professionals, providing a substantial advantage in the competitive and dynamic cryptocurrency market. The convergence of AI and the cryptocurrency industry has the potential to revolutionize transactions, as seen in AI-driven solutions like ChainGPT. This integration not only transforms the financial landscape but also addresses privacy concerns. Traditionally, users relied on credit cards and shared personal information, risking data breaches. ChainGPT, with its deep crypto understanding, provides a secure means of transaction without sharing sensitive data. Users can leverage cryptocurrencies, especially the ChainGPT token, enhancing security and streamlining the process. This evolution signifies a significant leap in AI-crypto fusion, emphasizing a more secure and private transaction method. As data privacy becomes paramount, AI solutions like ChainGPT pave the way for a safer and efficient transaction environment, offering vast and far-reaching impacts on the future exchange of value. Conclusion Yesterday, an impressive 54.4k individuals actively tuned in to our HTX Twitter Space, titled "Deep Dive Into Web3 AI with ChainGPT," capturing substantial attention. This robust engagement underscores the fact that the convergence of AI and cryptocurrency technology not only represents a groundbreaking fusion of innovation but also garners significant interest from our HTX users. As the industry gains momentum, and we eagerly anticipate unfolding developments, it becomes increasingly evident that these advancements will not just transform our interaction with AI but also redefine transaction processes within the crypto realm. The potential of ChatGPT and ChainGPT to propel progress and deliver cutting-edge solutions is charting a course for a future where technology and finance seamlessly intertwine, providing multifaceted benefits to individuals across the entire spectrum. About HTX Founded in 2013, HTX has evolved from a crypto exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investment, incubation and other areas. HTX serves millions of users worldwide, with a business presence covering over 160 countries and regions across five continents. Its three development strategies - "global development, technology drives development, and technology for good" underpin its commitment to providing comprehensive services and values to global cryptocurrency enthusiasts. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

November 13, 2023 01:55 PM Eastern Standard Time

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SIGMA America Announces Black Friday Deals for the Photographer On Your Gift List

SIGMA CORPORATION OF AMERICA

SIGMA Corporation of America, a leading camera and lens manufacturer for both photography and cinema applications, today announced its Black Friday Instant Savings deals for the photographers and content creators on your holiday gift list. With special holiday season pricing on 14 gift-worthy lenses starting today and running through Dec. 10, 2023, including several lenses which have not been discounted previously this calendar year, there is something perfect for every style of photographer and videographer. “Whether you're treating yourself or your favorite enthusiast or professional photographer our Black Friday lens offerings cover all sorts of creative styles, from ultra-wides to super telephotos,” says Mark Amir-Hamzeh, President of SIGMA America. “And with holiday season deals on lenses for full-frame mirrorless systems including Sony E-mount and L-Mount, crop-sensor mirrorless systems including Sony E-mount plus Fujifilm X Mount, and DSLR cameras including Canon and Nikon, there’s a SIGMA lens special that’s perfect for the most popular camera platforms.” Two of SIGMA’s best-selling lenses are offered with the biggest savings of the year: The longtime favorite for birding and wildlife enthusiasts, the 150-600mm F5-6.3 DG OS HSM | Contemporary lens for DSLRs is $190 off. The wildly popular fast-aperture standard zoom for full-frame mirrorless cameras, the 24-70mm F2.8 DG DN | Art lens, is $50 off. First-time Instant Savings this year include: For the on-the-go content creator, the 16-28mm F2.8 DG DN | Contemporary lens is the perfect compact wide-angle zoom, with a limited-time discount of $50. For the close-up specialist, the full-frame mirrorless 105mm F2.8 DG DN MACRO | Art, a purpose-built macro photography lens, is $100 off. Also offered at exceptional values are the following full-frame mirrorless lenses: ● 14-24mm F2.8 DG DN | Art - $100 off ● 35mm F1.4 DG DN | Art - $100 off ● 28-70mm F2.8 DG DN | Contemporary - $100 off ● 100-400mm F5-6.3 DG DN OS | Contemporary - $50 off ● 150-600mm F5-6.3 DG DN OS | Sports - $200 off APS-C format mirrorless lenses included in the Black Friday sale are: ● 16mm F1.4 DC DN | Contemporary - $50 off ● 30mm F1.4 DC DN | Contemporary - $50 off ● 56mm F1.4 DC DN | Contemporary - $50 off ● 18-50mm F2.8 DC DN | Contemporary - $50 off APS-C DSLR lenses on sale during the Black Friday sales event are: ● 18-35mm F1.8 DC HSM | Art - $120 off To learn more about these Black Friday deals and find participating dealers, please visit this link: https://www.sigmaphoto.com/black-friday-23 About SIGMA Corporation of America SIGMA Corporation of America, founded in 1984, is the US subsidiary of SIGMA Corporation, a family-owned manufacturer of lenses, cameras and photo accessories. Headquartered in Ronkonkoma, NY, SIGMA America expanded its US operations in 2018 with the opening of SIGMA Burbank, a multifunctional showroom, event space and repairs/distribution facility located in the heart of the Los Angeles entertainment industry. Craftsmanship. Precision. Dedication. Since 1961, SIGMA has been devoted to the pursuit of advancing photographic technology. Unique to the industry, the family-owned business produces its high-quality, award-winning still photo and cinema camera lenses, DSLR and mirrorless cameras, flashes, filters and accessories from its state-of-the-art manufacturing facility located in Aizu, Japan. In 2012, the company introduced SIGMA Global Vision with three distinct lens lines: Art, Contemporary and Sports. Designed for industry camera mount systems including Canon, Leica, Nikon, Panasonic, Sony and SIGMA, each lens is handcrafted and tested in Japan to ensure a high-performance, premium product that is purpose-built to last. In 2016, the SIGMA Cine lens lineup was launched, further cementing SIGMA as an innovator in imaging engineering. Embodying the core optical DNA that has defined the SIGMA benchmark of excellence, SIGMA Cine lenses meet the needs of advanced 6k and 8k cinema production. Forming the landmark L-Mount alliance alongside Leica and Panasonic in 2018, SIGMA continues its storied tradition of imaging excellence through groundbreaking innovations such as the native L-mount SIGMA fp and fp L full-frame mirrorless digital cameras, announced in July 2019 and March 2021 respectively. These products, along with over 35 award-winning SIGMA Global Vision lenses available in native L-Mount format, demonstrate SIGMA's continued commitment to the creative community through expanded product offerings. With the fp, fp L and these lenses, even more users can now leverage SIGMA's renowned optical formula to achieve their creative vision with ease. ### For information about SIGMA America, please visit sigmaphoto.com and SIGMA Blog for helpful information about our products. Follow SIGMA America on social media! SIGMA Cine: Facebook, Twitter and Instagram Contact Details SIGMA Jack Howard +1 631-201-7381 SIGMA.PR@Sigmaphoto.com SDDPR Stacey Doss stacey@sddpr.com Company Website https://www.sigma-global.com/en/

November 13, 2023 12:00 PM Eastern Standard Time

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3D Printed Steaks Could Be The Next Emerging Tech ESG Investors Should Be Watching – Here’s Why

Benzinga

By Rachael Green, Benzinga As the world’s growing population brings with it a growing demand for meat, the environmental pressures of meat consumption are coming into sharper focus. To meet that demand while decreasing the environmental impact the industry has, companies like Steakholder Foods Ltd (NASDAQ: STKH) are developing new technology for lab-grown meat. Here’s what investors should know about the emergence of food printing. Meat Accounts For About A Third Of The Agricultural Industry’s Emissions And Deforestation Problem If the global population cut its meat consumption in half, greenhouse gas emissions from the agricultural industry would drop by 31%. At the same time, the acres of land used to feed and raise livestock would decrease so much that it would almost stop the net loss of forests. If just half of that newly freed-up land were also restored through tree planting to create forest land, the amount of emissions captured by those new forests would double that 31% drop in emissions. Despite that significant potential to reduce the pressure on the environment and limited natural resources, meat consumption is actually expected to rise in the future. Instead of falling by half, the Food and Agriculture Organization (FAO) estimates global meat consumption will rise by 14% by 2030. Cultivated Meat Would Eliminate The Need For Land-Intensive Livestock Raising Cultivated meat refers to meat made from animal cells grown in a lab. Instead of raising and then slaughtering a cow, researchers have found a way to simply cultivate cow cells in a lab. With this technology, there would be no need to raise livestock, freeing up the acres of land devoted to keeping that livestock as well as the acres of crops dedicated to feeding them. Lab-grown meat bypasses the slaughterhouse and also the waste that comes with it. The process of draining the blood, removing the offal, tendons and other parts of the animal that people don’t eat results in about 60% of each animal slaughtered being either thrown away or recycled. By growing just the cells needed to recreate the parts of the animal that people actually eat, cultivated meat can also solve that glaring waste problem in the meat industry. The Emerging Lab-Grown Meat Industry Is Making Headway, But Challenges Remain The emerging industry is already starting to see some significant breakthroughs with this emerging tech. In 2022, the USDA approved California-based Upside Food’s lab-grown chicken for sale in the United States, marking the first approval of its kind in the country. This year, the agency followed that up with another approval for Good Meat, which also makes a cultivated chicken product. But some key challenges remain before cultivated meat can fully replace its traditional counterpart – namely, cost and texture. The technology is still new, and the cultured meat it produces is still costly to make. Meanwhile, actually shaping a cluster of cells into, say, a steak or pork chop is tricky. Hybrid meat is one way around the affordability challenge in the cultivated meat industry. It uses readily available, more affordable plant-based materials as the base with just enough lab-grown meat cells added to provide that real meat flavor. Until the technology to produce 100% lab-grown meat at scale becomes more affordable, these hybrid meat products offer a more cost-effective approach to developing these products at commercial scale. Steakholder Foods Reports Its Patented 3D Printing Technology Recreates The Taste And Texture Of Real Meat While they address the issue of affordability, the challenge of recreating the unique texture of actual cuts of meat remains challenging. That’s what really sets Steakholder Foods and its patented 3D printer apart. To create a more realistic texture, the company developed a unique 3D printer along with a hybrid meat “ink” that manufacturers can use to print ready-to-cook steaks, fish fillets and other structured cultivated meat products that deliver both the taste and texture of real meat. As the technology continues to progress, Stakeholder Foods will have the ability to seamlessly increase the percentage of lab-grown meat cells in the final product as those cells become more affordable to produce at scale. The B2B-Focused Company Is Making Cultivated Meat Production Attainable And Scalable For More Producers The B2B company intends to sell its 3D bio-printers to manufacturers who can then continue to order batches of hybrid meat ink as needed. The scalable technology allows manufacturers to produce several tons of 3D-printed meat products per month. Steakholder Foods signed its first multimillion-dollar agreement this summer, which will see a large-scale production facility built in the Persian Gulf region. Right now, the Israel-based company offers fish ink and its recently launched beef ink, but other species can be expected soon. Steakholder Foods became the first Nasdaq-listed cultivated meat company in 2021 and is still one of the few pure-play options for investors looking for exposure to the emerging sector. While major companies like Tyson Foods (NYSE: TSN) and JBS S.A. (OTCQX: JBSAY) are starting to invest in the new technology, Steakholder Foods is one of the few publicly-traded companies exclusively focused on developing meat printing technology. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 13, 2023 09:00 AM Eastern Standard Time

Even As Ransomware Attacks Rise, Studies Reveal Insiders Remain The Biggest Threat To Your Company

Benzinga

By Faith Ashmore, Benzinga Ransomware attacks are indeed on the rise, but what people fail to realize is that insider threats are actually the real threat to businesses. The true threat to businesses lies in insiders maliciously stealing company information. These insiders, who have privileged access to the network – including employees, clients, vendors and management – pose a significant risk. Rather than accidental mistakes – like employees negligently clicking on phishing schemes – these individuals intentionally exploit their access to gain unauthorized access, steal sensitive data, or cause harm to the organization in another fashion. Insider Threats: On The Rise, Costly And Sneaky Studies have shown how much of a threat insiders with malicious intent can be to businesses. According to a report by Proofpoint, insider threats accounted for $15.38 million in average costs, affecting 34% of businesses annually. Malicious insiders often have an advantage as they are familiar with the organization's systems and processes, making it easier for them to navigate through security measures undetected. In addition, their nefarious activities are often impossible to distinguish from legitimate work activities by IT security. There’s a popular misconception that insider threats have to come from people high up in the company, but statistically, that isn’t always the case. Approximately 61% of internal actors are not in positions with a high level of access or stature. Even when examining governmental leaks, it becomes evident that some of the most significant leaks have come from individuals who are not in high positions like Edward Snowden. In the instance of Snowden, a former contractor for the National Security Agency (NSA), this showed that it is not always high-ranking officials who have access to sensitive data but anybody who possesses knowledge and access based on their role within the organization. This highlights an important problem: Oftentimes organizations do not have robust security systems in place to keep the wrong people from sensitive information. “To protect against insider threats, organizations should consider implementing various measures, starting with clear clauses and agreements that define intellectual property and ensure that employees understand that the work they produce belongs to the company.”, David Sun, National Practice Leader for Cyber Incident Response and Forensics at CohnReznick LLP. CohnReznick is a leading advisory, assurance and tax firm that helps organizations achieve their goals consulting on insider threats and how to prevent them before they can cause any damage by optimizing performance, maximizing value and managing risk. They offer a comprehensive range of consulting services encompassing various areas; part of their services is cybersecurity. This education is crucial in dispelling the notion that employees can take company-owned materials such as contact lists or internal documents with them when they leave. By educating employees about ownership and setting clear expectations, organizations can prevent misunderstandings regarding intellectual property. Technical Tools: Monitoring Necessary? Technical controls also play a vital role in preventing insider threats. “Companies should consider disabling USB drive functionality on computers to prevent employees from easily copying large amounts of data onto portable devices. In addition, access controls should be implemented, ensuring that employees only have access to the information necessary for their specific job roles.” says Sun. By limiting access to sensitive data and implementing need-to-know basis controls, companies can minimize the risk of unauthorized data extraction. In other words, only the necessary parties should have access to sensitive information. Proactively monitoring and highlighting high-risk employees may involve tools that collect screenshots, log keystrokes, record file downloads and copies and monitor email activities. By closely monitoring the activities of high-risk individuals, organizations can detect any unusual or unauthorized behaviors, and take prompt action to prevent data breaches or leaks. A multi-faceted approach to address cybersecurity needs, including insider threats is important to combat this issue. Risk Mitigation: Moving Forward Without effective measures in place, companies are at risk of losing money, clients and authority. The reality is there is generally a lot of sympathy when a company is a victim of a ransomware attack and oftentimes ransomware threats are over quickly. With insider threats, the damage can be much more far-reaching and crippling to a company. “To combat the impact of insider threats, companies should have a key employee departure process which includes proactive forensic preservation and analysis to identify any suspicious activity before damage has been done to the organization,” warns Sun. While preventive measures are important if a company is attacked, they need to react before it is too late. For businesses, the real threat may lie closer to home – and thankfully, firms like CohnReznick help to protect and prevent the damage these insider threats can unfortunately cause. To learn more contact David Sun. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 13, 2023 09:00 AM Eastern Standard Time

BLUEPEAK ANNOUNCES EXPANSION INTO TEXAS WITH MULTIMILLION-DOLLAR INVESTMENT IN THE CITY OF DENISON

Bluepeak

Bluepeak announced today the expansion of its fiber-to-the-home (FTTH) network through a multimillion-dollar investment in the city of Denison, Texas. Bluepeak’s construction process is already underway to begin building to Denison, one of several new expansion markets for Bluepeak in the Lone Star State. As a result of the planned expansion and increased competition, tens of thousands of homes and businesses in Texas will soon benefit from greater choice among their internet options. Through its ongoing fiber network expansion, Bluepeak is dramatically improving broadband options by bringing fast, reliable, affordable internet to residents of Oklahoma, Wyoming, South Dakota, North Dakota and soon, Texas. “We’re very pleased to announce the expansion of our cutting-edge fiber network to the community of Denison,” said Bluepeak CEO Rich Fish. “We’re committed to building faster, more reliable high-speed service and are excited to share what we do best with the residents and business owners of Denison.” With Bluepeak service, customers get fiber-fast speeds, equal upload and download speeds, and whole-home WiFi. Bluepeak service features all-in pricing, where the price on the website is the price on the bill, with a minimum service tier of 1 gigabit-per-second (Gbps) for a competitive, transparent price. Homes can get up to 5 Gbps and businesses 10 Gbps and beyond. Each internet speed package includes eero Secure, which protects devices from online threats, ads and allows for customized content filtering. Bluepeak's fiber network provides reliable connectivity and the bandwidth to connect more devices for internet, streaming, gaming and more. According to the Federal Trade Commission, competition “benefits consumers by keeping prices low and the quality and choice of goods and services high.” In addition, a 2020 report by Federal Reserve Bank of Richmond on “Bringing Broadband to Rural America” determined that broadband access and adoption is linked to increased job and population growth, higher rates of new business formation, higher home values, and lower unemployment rates. Those in Denison looking for more information or interested in service availability and details on the construction process can sign up for updates by entering their service address at mybluepeak.com. About Bluepeak Bluepeak is building a faster, more reliable internet without the things that get in the way of great service - like red tape, hidden fees, and slow response times. Offering up to 5 gigabits of speed for residential customers and 10 gigabits for businesses, Bluepeak is a whole new ballgame - from internet to TV, to connecting every device in a home, to powering a business, Bluepeak not only provides the best fiber connections in the communities it serves, but also meets the growing needs for how its customers live. Contact Details Jesse Granger +1 720-703-4315 mediaqueries@mybluepeak.com Company Website https://www.mybluepeak.com

November 13, 2023 07:00 AM Mountain Standard Time

Revenue Management Solutions Introduces Conjoint Analysis Solution

Revenue Management Solutions

A tailored Conjoint Analysis solution from restaurant data leader Revenue Management Solutions is now available worldwide to restaurant operators developing new markets, menus and products in an increasingly complex environment. A pioneering name in pricing for nearly 30 years, RMS recognizes that restaurants need new solutions to revolutionize their competitive strategies and drive profitability. Its Conjoint Analysis, previously available only to clients for special projects, presents selected participants with realistic item trade-off scenarios so brands can gain insights into factors impacting purchasing decisions and price sensitivity. Restaurants use the data to shape future pricing decisions, product development and menu designs without risking “real-world” traffic loss. “As brands prepare to make critical business decisions in 2024, we stand as a partner, relying on our research acumen and industry expertise,” said RMS Chief Research & Development Officer Sebastian Fernandez. “Using new technologies, our experienced statisticians tailor each conjoint study to meet client needs, so the results are relevant and lead to profitability.” Operators can choose between two conjoint study techniques. Choice-based studies replicate real-life purchasing behavior and outcomes, providing valuable pricing and product strategies. The more complex menu-based studies mimic restaurant ordering behavior. Participants build combinations of items from a full menu so brands can optimize menu and price, forecast revenue and uncover sales opportunities. Conjoint Analysis at Work To illustrate the power of choice-based conjoint studies, RMS surveyed more than 3,000 US quick-service restaurant (QSR) diners to understand item-specific value. Respondents weighed in on chicken sandwiches, nuggets and bone-in chicken at popular brands, including Chick-fil-A, Popeyes, KFC, McDonald’s, Burger King, Wendy’s, Wingstop and Jack in the Box. The results uncovered: How QSR brands stack up across different chicken offerings Which brands are favored by different generations, regions and households How price sensitivity affects the most popular choices and what brands are most vulnerable to trade down “Conjoint analysis, in tandem with RMS’ pricing expertise, reveals a window into future consumer behavior,” said Fernandez. “Our in-depth chicken market study underscores the powerful value of these insights for restaurant brands looking to better understand their customer preferences and pricing strategies.” Contact RMS today to learn how conjoint analysis can benefit your restaurant. About Revenue Management Solutions For over 25 years, Revenue Management Solutions (RMS) has partnered with restaurant brands to deliver actionable insights and data-driven solutions to boost sales, streamline costs and maximize profitability. Today, RMS is trusted by more than 50 major brands in 40+ countries. The company provides actionable insights to 100,000+ restaurant locations worldwide, helping them make informed business decisions that drive profitability, even in the face of challenges like inflation and rising labor costs. RMS holds five U.S. patents on menu pricing and customer segmentation and supports ongoing academic research efforts. To learn more about how RMS supports its clients, visit www.revenuemanage.com. Contact Details Tracy Henderson +1 720-989-3530 tracy@centerreachcommunication.com Company Website https://www.revenuemanage.com

November 13, 2023 07:15 AM Eastern Standard Time

HTX Takes Center Stage at Australian Crypto Convention 2023, Highlighting Virtual Digital Sun

HTX

On November 11 and 12, 2023, HTX participated in the Australian Crypto Convention 2023. As a top cryptocurrency exchange platform, HTX has consistently taken the center stage at global cryptocurrency events to expand its international influence. It has fostered close connections with communities and users from various countries and regions, exploring the future of the crypto market. The Australian Crypto Convention 2023, one of the most prestigious crypto events, featured 250 industry leaders as speakers discussing the prospects of cryptocurrencies with around 15,000 attendees. Justin Sun, a member of the HTX Global Advisory Board and founder of TRON, was invited to deliver a virtual keynote speech titled "From Niche to Mainstream: The Evolution of DeFi." In his presentation, Sun analyzed the exponential growth and adoption of DeFi. Using stUSDT as an example, he delved into how DeFi has contributed to the global adoption of cryptocurrencies, including enhancing the potential of financial inclusivity and impacting the broader economic environment. According to Sun, the TRON network has over 195 million user accounts globally with over 6.7 billion total transactions. It processed an average daily transfer volume of $11.9 billion over the past 30 days. With rapid growth in the last five years, TRX, the native token of TRON, has experienced a deflation rate of around 3.7%, one of the highest among all major cryptocurrency ecosystems worldwide this year. Sun added that HTX focused primarily on growing its user base in the Asia-Pacific region over the past year, achieving significant momentum and substantial growth. After a year of effort, exploration, and accumulation, HTX has reclaimed its position as a top-five global exchange alongside Binance, Upbit, Coinbase, and OKX. The platform will continue to concentrate on building a globalized crypto ecosystem that offers diverse financial tools and an enhanced trading experience. Notably, Sun's virtual digital persona made its debut at the event. Featuring short silver hair, a sharp gaze, and a powerful aura, the virtual Sun donned futuristic attire and glasses adorned with an "X" that symbolizes the decade that HTX has traversed and its boundless possibilities in the future. Sun's virtual digital persona aligns seamlessly with HTX's commitment to technological innovation and will collaborate on a range of brand promotion campaigns. Since its rebranding in September this year, HTX has had a significant impact on the global cryptocurrency arena, marking the initiation of a new chapter in its dedicated pursuit of a global growth strategy. This underscores its strengthening foothold in the cryptocurrency market worldwide and its dedication to becoming a major player driving cryptocurreny's global development and adoption. Together with Justin Sun, HTX will make persistent innovation, work more closely with peers, and pioneer cross-industry approaches to promote a healthier crypto world. About HTX Founded in 2013, HTX has evolved from a crypto exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investment, incubation and other areas. HTX serves millions of users worldwide, with a business presence covering over 160 countries and regions across five continents. Its three development strategies - "global development, technology drives development, and technology for good" underpin its commitment to providing comprehensive services and values to global cryptocurrency enthusiasts. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

November 11, 2023 09:42 PM Eastern Standard Time

K3 Elevates Commitment to Homeless Veterans' Lives through PATH Partnership

K3 Holdings

K3 Holdings, a prominent privately held real estate investment firm boasting an expansive nationwide portfolio, is commemorating Veterans Day by spotlighting its collaboration with People Assisting The Homeless (PATH). This partnership reflects the company's dedication to transforming challenges into opportunities, particularly addressing the critical issue of homelessness among the veteran community. Through this partnership with PATH, K3 Holdings/Alpine is not only providing shelter but also fostering an environment where veterans can regain their footing and reclaim their independence. As the nation prepares to honor the sacrifices of servicemen and women, K3 Holdings/Alpine is extending profound appreciation to the courageous individuals who have safeguarded the nation. Many veterans reside in properties managed by K3 Holdings/Alpine, enriching the fabric of communities as friends and neighbors. "On this Veterans Day, we are renewing our commitment to stand with our veterans and echoing the sentiment that no hero who defended our freedom should ever be without a home,” stated Nathan Kadisha, Principal of K3 Holdings. “Through our collaboration with PATH, we are not just addressing homelessness, we are building bridges to hope, and a future filled with possibilities. “Veterans residing in K3 Holdings/Alpine-managed properties are not just tenants, they are an integral part of the community fabric,” Nathan Kadisha continued. "As we unite in gratitude for our veterans, let us also unite in action. K3 Holdings/Alpine invites our community to join in support of PATH, ensuring that every veteran, who stood tall for our nation, now stands tall in dignity and security,” stated Michael Kadisha, Principal of K3 Holdings. “Together, we can rewrite the narrative for homeless veterans, providing them with the support they deserve." About K3 Holdings: K3 Holdings is a privately held real estate investment firm committed to transforming communities and improving housing quality and safety. Their extensive investments have led to remarkable enhancements in their property portfolio, reflecting their unwavering commitment to delivering reliable, safe, and comfortable housing options - https://k3holdings.com/. About People Assisting The Homeless (PATH): People Assisting The Homeless (PATH) is a non-profit organization committed to ending homelessness for individuals and families. PATH provides comprehensive services and support, guiding individuals from homelessness to stable housing and brighter futures - https://epath.org/. ### Contact Details Dan Rene +1 202-329-8357 dan@danrene.com

November 10, 2023 04:00 PM Eastern Standard Time

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