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Interactive Strength Works To Sign Binding Acquisition Agreement That Would Transform The Digital Fitness Company Into A Profitable, High-Growth Business Across B2B and B2C Markets

Benzinga

By Rachael Green, Benzinga Interactive Strength, Inc. (NASDAQ: TRNR), doing business as FORME, is currently working towards signing a definitive agreement to acquire a connected hardware “target” after announcing a non-binding letter of intent last month. The combined Company is projected to generate $10 million in 2023, more than $25 million in gross revenue in 2024, and is expected to be cashflow positive and adjusted EBITDA profitable by the fourth quarter of 2024. The potential transaction is expected to accelerate FORME’s commercialization path, result in immediate scale across all functions and create a high-growth and profitable platform that sells connected ​hardware/​software ​fitness ​platform​ across B2B and B2C channels. The premium smart home gym and virtual personal training provider is aiming to execute a definitive acquisition agreement by the fourth quarter of this year. Here are some of the growth opportunities investors can look for as FORME works toward a binding agreement by the end of this year. The Potential Acquisition Would Create A Significantly Scaled Up Connected Fitness Equipment Business “We believe this will be a transformational acquisition that can accelerate our commercialization path,” said FORME Founder and CEO Trent Ward. “We expect this transaction can help us achieve immediate scale across all of our cost centers, resulting in a high-growth, profitable platform that sells connected fitness equipment and digital fitness services across B2B and B2C channels.” In addition to scaling FORME’s sales, engineering, logistics and other functions, the connected fitness acquisition would be a synergistic merger that would immediately create cross-selling opportunities across both FORME’s and the target’s customer base. It also has the potential to bring in a strong B2B distribution partner for FORME’s premium smart home gym equipment, allowing FORME to ramp up its commercialization efforts. Combined, FORME and the target acquisition are projected to bring in over $10 million in gross revenue for 2023 and over $25 million in for 2024, achieving both positive cash flow and positive adjusted EBITDA by the fourth quarter of next year. The Upside Potential Of FORME’s Transition To A B2B-Led Platform Right now, FORME primarily targets the B2C market, offering smart home gym equipment and a variety of virtual personal training plans directly to consumers. But as the rapid decline of Peloton (NASDAQ: PTON) suggests, that home fitness market just isn’t big enough to sustain long-term growth as post-pandemic consumers return to the gym. Peloton recently reported net losses of over $241 million for its fourth quarter, as sales and subscriptions continue to decline. FORME has a differentiated market strategy that addresses changing consumer habits and developed a flexible approach to its B2C segment. The Company offers both premium equipment and a range of monthly subscription options at different price points that offer live one-on-one coaching with a personal trainer through the user’s connected fitness mirror or their mobile device. But its biggest growth opportunity comes from its pivot into the B2B space, delivering its equipment and services to hotels, gyms and other enterprise customers that want to offer premium fitness options to their customers. FORME has already made some moves in this B2B channel but the potential acquisition, which is said to derive most of its sales from the B2B space, would dramatically increase its exposure to that more profitable, more scalable market. This would allow FORME to become a B2B-led platform while still maintaining and growing its B2C channel, potentially sidestepping the profitability challenges faced by Peloton and other B2C-focused companies in the connected fitness space. In an August report on FORME, Goldman Small Cap Research calls the digital fitness platform “a rare, high growth, low valuation firm offering significant upside potential.” Goldman cited the potential acquisition slated for the fourth quarter as well as the opportunity for similar deals in the future as FORME targets other acquisitions over the next few years. To watch a video with the product in action, CLICK HERE This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 05, 2023 09:15 AM Eastern Daylight Time

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Pro League Network, NBA Legend Kevin Garnett and Big Ticket Sports to Launch “str33t,” 3x3 Pro Streetball League

Pro League Network

Pro League Network (PLN), the leading sports entertainment company producing fun, bettable sports, and Kevin Garnett’s sports venture arm Big Ticket Sports announced today a joint-venture to launch str33t, a new 3x3 professional streetball-style basketball league. The first str33t series is expected to launch in early 2024 and will feature teams competing over 4 weeks from some of the best streetball cities. Players will compete as men, women and co-ed teams and play under FIBA 3x3 rules with daily and season-long prize pools. Teams will square off in a round robin format culminating in a final championship. 3x3 basketball debuted as an Olympic sport at the Tokyo Olympics. “HoopItUp is the leader in 3x3 and I’m excited to work with the PLN team to create a professional series with str33t that gives the incredible 3x3 players a major platform to show what they can do to fans across the country,” said Garnett. With the partnership, Kevin Garnett, and Big Ticket Sports become investors in PLN, which recently announced its seed funding from IA Ventures and Eberg Capital. Garnett will also advise on the strategic direction of the str33t league. Big Ticket Sports owns and operates HoopItUp, the grassroots 3x3 basketball tour which has had millions of participants in city-based events since 1989. “The fast-paced 3x3 games along with the raw and organic energy of streetball is going to be so exciting for these co-ed professional ballers,” said PLN co-founders Bill Yucatonis and Mike Salvaris. “And to build it with an NBA legend and leader like KG is at a whole other level." With roots in urban areas in the U.S. since the 1980s, 3x3 has become one of the most popular forms of basketball worldwide in recent years. The Olympics introduced 3x3 basketball to its basketball program at the Tokyo 2020 Summer Olympics. “With the average 3x3 basketball game taking less than 20 minutes, we believe str33t is tailormade for digital consumption and sports betting. We are thrilled to be collaborating with Bill, Mike and the PLN team on this dynamic venture,” said George Daniel, CEO of Big Ticket Sports and HoopItUp. The str33t brand was created with Cannes Lions-winning Director and Producer, Wayne Holloway, whose experience spans sports, music, film and television, including his role as Director of the famous Adidas House Party Originals starring Garnett, David Beckham, Young Jeezy, Missy Elliott and more. Launched in Dec. 2022, PLN creates a new type of sports entertainment that combines its unique sports portfolio with established creator audiences and the team’s deep expertise in regulated wagering markets. The result is the creation of compelling watch’n’wager content that is fun for sports fans and allows sportsbooks to better monetize their peaks and valleys of schedule with compliant, regulated and professional sports content. The company recently announced its seed funding round, led by Roger Ehrenberg via IA Ventures and Eberg Capital, and named gaming industry veterans Chris Grove (Acies Capital, Eilers & Krejcik) and Jeff Ma (ESPN, Microsoft) as Advisors. PLN’s portfolio of over 16 brands and growing includes sports like viral sensations World Putting League, CarJitsu Championship and SlapFIGHT Championship, as well as emerging sports like XTreme Long Drive, Pro Footgolf, National Carrom League, Strongman, T3 TouchTennis, Beastball and more. PLN sports are carried by some of the nation’s largest sportsbooks including DraftKings, Bet365 and Betfred and are available for wagering in over a dozen states including New Jersey, Tennessee, Arizona, Maryland, Pennsylvania, Illinois, and more, plus in several countries including Canada, UK and Australia. PLN streams its sports and programming live via its social channels and owned and operated sites. PLN sports have aired via several distribution partners, including live streaming on The Action Network and The Hammer and customized social media content on Betr Media and Dimers. The company recently created PLN Studios in Branson, Missouri, and signed a platform deal with BrinxTV and Trilith Studios in Atlanta to create live and recorded made-for-wagering and shoulder content to expand the audience of its sports brands and athletes. For more information, please visit www.ProLeagueNetwork.com and www.str33t.com. About Pro League Network Pro League Network (www.ProLeagueNetwork.com) is a sports entertainment company headquartered in New York City that is focused on creating, fun, exclusive niche sports brands developed for broadcast audiences and betting. PLN readies and monitors each sport for wagering, as well as produces, distributes and monetizes each sport through wagering, sponsorship and affiliate. PLN’s portfolio of 16 sports includes the viral sensations World Putting League Championship and CarJitsu Championship, among others. PLN has raised funding from IA Ventures and EBerg Capital, and counts Chris Grove, Jeff Ma and Kevin Garnett, among others, as Advisors. About Big Ticket Sports Owned by NBA MVP and Hall of Famer Kevin Garnett, Big Ticket Sports (www.bigticketsportsllc.com) is dedicated to creating dynamic sports and experiential events. Big Ticket Sports owns and operates the iconic HoopItUp 3x3 basketball (www.hoopitup.com) and KickIt Soccer 3v3 soccer as well as providing event activation for clients such as the NBA. Since its inception 30 years ago, Hoop It Up has been the largest 3x3 basketball tour, recognized as the most prolific grassroots basketball tour with millions of worldwide participants. Big Ticket Sports is managed by former National Lacrosse League Commissioner George Daniel. Contact Details Str33t Media media@str33t.com Company Website https://www.str33t.com/

October 05, 2023 08:00 AM Eastern Daylight Time

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SIGMA Announces 10-18mm F2.8 DC DN | Contemporary, the World's Smallest and Lightest F2.8 Zoom Lens for APS-C Mirrorless Cameras

SIGMA CORPORATION OF AMERICA

SIGMA Corporation of America, the US subsidiary of SIGMA Corporation (CEO: Kazuto Yamaki. Headquarters: Asao-ku, Kawasaki-shi, Kanagawa, Japan) is pleased to announce the SIGMA 10-18mm F2.8 DC DN | Contemporary lens. This is the first SIGMA lens being announced and released concurrently for the L-Mount, Sony E-mount and Fujifilm X Mount. The lens will be available through authorized retail partners on October 26, 2023 for $599. This is the world's smallest and lightest F2.8 zoom lens designed for APS-C format mirrorless systems at just 2.8 x 2.4 inches (72.2 x 62mm) and 9.2 ounces (260g)*. The lens covers a 15-36mm (35mm equivalent) focal range, with a fast F2.8 constant aperture. Paired with the 18-50mm F2.8 DC DN | Contemporary, this duo of lenses covers a 15-75mm (35mm equivalent) range with the same bright F2.8 maximum aperture at a combined weight of under 19.5 ounces (550g). * As an AF F2.8 zoom lens for mirrorless cameras with an APS-C sensor. As of October 2023 by SIGMA. Figures are for L-Mount. Additional specifications included in the full press release below. The SIGMA 10-18mm F2.8 DC DN | Contemporary uses an aspherical concave lens with a large polarization ratio and high refractive index in the first group, reducing the number of elements in the first group and shortening the overall length. Additionally, a new push-on petal type hood has been developed. Thanks to the new structure with a spring and lever, which is not utilized by any other manufacturer, the hood has been made both thinner and smaller, which also contributes to the overall compactness of the lens. The optical design of the lens delivers a short 4.6 inch (11.6cm) minimum focusing distance and a maximum magnification ratio of 1:4 at the wide end, allowing for close-up photography with pleasing background separation. The optical design also minimizes focus breathing, and the stepping motor delivers swift, quiet autofocus during both still and video use. Thanks to its high optical quality and compact size, the SIGMA 10-18mm F2.8 DC DN | Contemporary lens is an excellent choice for travelers, adventure photographers, vloggers, content creators, and family photographers who want great image quality when paired with today's leading lightweight crop-sensor cameras on the three supported mirrorless platforms. Learn more about the SIGMA 10-18mm F2.8 DC DN | Contemporary lens: https://www.sigmaphoto.com/10-18mm-f2-8-dc-dn-c #SIGMA #SIGMA1018mmContemporary #SIGMAContemporary #SIGMAContemporaryZoom Designed exclusively for APS-C mirrorless cameras C | Contemporary SIGMA 10-18mm F2.8 DC DN Small lens, big personality. Large-aperture, ultra-wide-angle zoom with expressive imaging capabilities Extremely compact and lightweight Ideal for landscapes, travel, video and online content creation Available: October 26, 2023 Supplied accessories: Push-on petal type hood LH706-02, FRONT CAP LCF-67mm III, REAR CAP LCR II Available mounts: L-Mount, Sony E-mount, FUJIFILM X Mount * The appearance and specifications of the product are subject to change. * This product is developed, manufactured and sold based on the specifications of E-mount which was disclosed by Sony Corporation under the license agreement with Sony Corporation. * L-Mount is a registered trademark of Leica Camera AG * L-Mount is a registered trademark of Leica Camera AG. Create expressive images on the go with the world's smallest and lightest ultra-wide-angle zoom lens for APS-C cameras* The SIGMA 10-18mm F2.8 DC DN | Contemporary is the world's smallest and lightest ultra-wide- angle zoom lens for APS-C cameras*, covering an effective focal range of 15-27mm (35mm equivalent). With ultra-sharp optics, a bright F2.8 aperture and a newly developed push-on petal type lens hood, photographers can create expressive images anytime, anywhere. The lens features a unique aspherical element that reduces the overall size of the lens and enhances image quality. An 11.6cm (1:4) minimum focusing distance to produce unique compositions, with expansive backgrounds and pleasing bokeh. With a weight of only 260g*, a fast AF stepping motor and minimal focus breathing, the lens can be easily mounted onto a motorized gimbal to create impressive video content for social media use and professional projects. The lens is available for L-Mount, Sony E-Mount and FUJIFILM X Mount systems. * As an AF F2.8 zoom lens for mirrorless cameras with an APS-C sensor. As of October 2023 by SIGMA. * L-Mount specification. [ Key Features ] 1) Large-aperture, ultra-wide-angle zoom with expressive imaging capabilities By utilizing unique optics which have been designed to correct lens aberrations, the SIGMA 10-18mm F2.8 DC DN | Contemporary produces images that are sharp across the entire image. Aspherical lens, special low-dispersion glass The use of an aspherical lens with large eccentricity and refractive index as the first lens element has enabled a lens construction with a reduced number of elements. Used in conjunction with multiple aspherical lenses and special low-dispersion glass, the lens can produce high resolution images whilst remaining compact and lightweight. Minimum focusing distance 11.6cm, maximum magnification ratio 1:4 Create expressive close-up images using the 11.6cm minimum focusing distance when shooting at 10mm. With a magnification ratio of 1:4, the lens captures unique portraits, still life and more. 2) Extremely compact and lightweight The SIGMA 10-18mm F2.8 DC DN | Contemporary is the world's smallest and lightest ultra-wide angle zoom lens for APS-C cameras*, with a length of 62.0mm, a maximum diameter of 72.2mm, and a weight of 260g*. The lens can be carried around with ease or attached to an APS-C mirrorless camera and a gimbal to create an ultra-portable video setup. * As an AF F2.8 zoom lens for mirrorless cameras with an APS-C sensor. As of October 2023 by SIGMA. * The values are for L-mount. Newly developed push-on petal type hood A newly developed push-on petal type hood is included with the lens. Unlike the conventional bayonet type lens hoods that attach with a rotating movement, this push-on type lens hood is attached onto the lens using a spring and lever system. The implementation of this new design reduces the size and thickness of the hood so that it matches the compact size of the lens. Compact, lightweight, high-performance F2.8 constant aperture zoom lens series When combined with the SIGMA 18-50mm F2.8 DC DN | Contemporary, a total, unbroken focal range of 15-75mm (35mm equivalent) with a constant F2.8 aperture can be covered. The combined weight of both lenses is only 550g. *The values are for L-mount. Fast-growing lineup of lenses for APS-C mirrorless cameras In addition to the SIGMA 18-50mm F2.8 DC DN | Contemporary, the lineup of lenses for APS-C mirrorless cameras includes 16mm, 23mm, 30mm, and 56mm prime lenses, all with F1.4 brightness. This flexible lens selection can be used for a wide variety of photographic applications. *Lineup is as of October 2023. Mount with dust and splash resistant structure The lens mount incorporates rubber sealing to protect it from dust and water drops. 3) Ideal for landscapes, travel, video and online content creation With ultra-wide focal length, portable body and razor-sharp optics, the SIGMA 10-18mm F2.8 DC DN | Contemporary is the perfect portable option for landscape, travel, interior and street photography. It also boasts impressive video capability owing to its bright F2.8 aperture, which makes it well-suited to shooting in low-light environments and creating a shallow depth-of-field. The ultra-wide angle-of-view is ideal for hand-held vlogging that requires the capture of both the subject and the environment. Designed to minimize focus breathing The lens has been designed to suppress focus breathing. The change in angle-of-view due to focus shift is minimized, creating a natural-looking focus shift when recording video. Supports various camera functions The lens is compatible with the electronic image stabilization function, aberration correction function, DMF, and AF+MF in camera bodies from various manufacturers. The advantage using this ultra-wide-angle lens is that it provides a generous angle-of-view even when the electronic image stabilization function crops the image. * Function available on supported cameras only. Available corrections or auto correction functionality may vary depending on the camera model. Stepping Motor A fast and quiet stepping motor is used to deliver precise AF when shooting stills and video. It is fully compatible with in-camera AF tracking modes. [ Additional Features ] Lens construction: 13 elements in 10 groups (3 FLD, 1 SLD, and 4 aspherical elements) Inner focus system Compatible with high-speed autofocus Stepping motor Compatible with Lens Aberration Correction * Function available on supported cameras only. Available corrections and auto correction functionality may vary depending on the camera model. * On cameras where lens aberration correction is controlled with 'ON' or 'OFF' in the camera menu, please set all aberration correction functions to 'ON' (AUTO). Supports DMF and AF+MF Compatible with AF assist (Sony E-mount only) Super Multi-Layer Coating Support for switching between linear and non-linear focus ring settings on L-Mount bodies * Function available on supported cameras only. Mount with dust and splash resistant structure Push-on petal type hood LH706-02 Compatible with SIGMA USB DOCK UD-11 (sold separately / for L-Mount only) Designed to minimize flare and ghosting Every single lens undergoes SIGMA's proprietary MTF measuring system 7-blade rounded diaphragm High-precision, durable brass bayonet mount Mount Conversion Service available "Made in Japan" craftsmanship Learn more about SIGMA's craftsmanship here: https://www.sigma-global.com/en/about/craftsmanship/ [ Key Specifications ] Lens Construction: 13 elements in 10 groups (3 FLD, 1 SLD, 4 aspherical) Angle of view: 109.7°-76.5° (APS-C) Number of diaphragm blades: 7 (rounded diaphragm) Minimum aperture: F22 Minimum focusing distance: 11.6 (W) - 19.1 (T) cm / 4.6 (W) - 7.6 (T) in. Maximum magnification ratio: 1:4 (W) - 1:6.9 (T) Filter size: 67mm Dimensions (Max. Diam. x Length): 2.8 x 2.4 in. / 72.2 x 62mm (L-Mount) 2.8 x 2.5 in. / 72.2 x 64mm (Sony E-mount) 2.8 x 2.5 in. / 72.2 x 64.3mm (Fujifilm X Mount) Weight: 9.2 oz. / 260g (L-Mount) 9.0 oz. / 255g (Sony E-mount) 8.8 oz. / 250g (Fujifilm X Mount) [ Product Barcode ] [ Contact ] For further information, please contact your local authorized SIGMA Service Station listed here: https://www.sigma-global.com/en/world-network/ [ Information ] SIGMA Corporation: https://www.sigma-global.com/en/ Product information: https://www.sigma-global.com/en/lenses/c023_10_18_28/ [ About SIGMA Corporation ] 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, Fujifilm, Leica, Nikon, Olympus, 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 30 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 more information about SIGMA America, please visit sigmaphoto.com and SIGMA Blog. Follow SIGMA America (Photo): Facebook | Twitter | Instagram Follow SIGMA America (Cine): Facebook | Twitter | Instagram Contact Details SIGMA +1 631-585-1144 SIGMA.PR@Sigmaphoto.com Company Website https://www.sigma-global.com/en/

October 05, 2023 04:00 AM Eastern Daylight Time

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Dash Woes Continues As Exchanges Shun Privacy Coins. Is Borroe.Finance the Top AI Crypto?

Blockchain Digest

The world of cryptocurrencies is filled with constant developments and challenges. Recently, Dash, a well-known privacy-focused cryptocurrency, has encountered a significant setback, leading to more exchanges shunning the coin. In the midst of Dash's woes, Borroe.Finance ($ROE) stands out as a leading AI cryptocurrency. >>BUY $ROE TOKENS NOW<< Dash's Production Halt Raises Concerns The crypto community recently received concerning news regarding Dash's blockchain. Samuel Westrich, the Chief Technology Officer (CTO) of Dash Core Group, took to Twitter to inform users about issues related to the v19 activation of Dash Core. Westrich revealed that the Dash blockchain had encountered problems, leading to a complete halt in block production. An ongoing investigation is underway to determine the root cause of the issue, with Westrich pledging to provide further updates on Twitter once more information becomes available. In the wake of these challenges, the Binance cryptocurrency exchange has taken the precautionary measure of temporarily suspending the distribution of DASH mining rewards. This decision by one of the world's largest crypto exchanges adds to the uncertainty surrounding Dash and its future. Exchanges Shun Privacy Coins Dash's recent troubles are not occurring in isolation. Exchanges have been increasingly cautious about listing and supporting privacy-focused cryptocurrencies due to regulatory concerns and potential risks associated with these coins. Dash, known for its privacy features, has faced growing scrutiny from regulators and exchanges alike. This shift in sentiment towards privacy coins highlights the importance of transparency and compliance in the evolving crypto landscape. As exchanges take steps to align with regulatory guidelines, some coins, including Dash, find themselves facing challenges. Borroe.Finance ($ROE): The Leading AI Crypto Amid the uncertainties surrounding privacy coins like Dash, Borroe.Finance ($ROE) emerges as a standout in the cryptocurrency space. Borroe.Finance is not only immune to the privacy coin regulatory issues but also offers a unique value proposition as an AI-powered cryptocurrency. Borroe.Finance operates as an AI-powered funding marketplace that empowers content creators and participants within the Web3 ecosystem. This innovative platform allows users to access immediate cash by trading their future earnings, including income streams from subscriptions, invoices, royalties, and more. It represents a pioneering approach to finance and embraces the future of AI technology in the crypto world. >>BUY $ROE TOKENS NOW<< Why Borroe.Finance is the Top AI Crypto Borroe.Finance's status as the leading AI cryptocurrency is underpinned by its commitment to financial innovation and technological advancement. The platform's versatility and inclusivity make it an attractive option for both retail and institutional investors. Borroe.Finance's ongoing presale, with over 94 million $ROE tokens available at just $0.0150 per token, offers a compelling opportunity for those seeking the best crypto investment for long-term growth. As the crypto landscape continues to evolve, Borroe.Finance's AI-driven approach remains ahead of the curve. While Dash grapples with challenges and regulatory scrutiny, $ROE stands as a beacon of innovation, resilience, and financial empowerment. Don't Miss Out on Borroe.Finance's Presale For investors seeking a crypto investment with strong potential, Borroe.Finance's presale presents an enticing prospect. In a world where regulatory uncertainties can impact the fate of cryptocurrencies, $ROE's unique AI funding marketplace offers a way to navigate the changing tides of the crypto market. While Dash faces hurdles, Borroe.Finance charts a different path—one that embraces AI, financial inclusivity, and long-term growth. For those in search of the top crypto coins or a good crypto to buy today, Borroe.Finance ($ROE) stands out as a promising choice in the ever-evolving world of digital assets. Learn more about Borroe.Finance ($ROE) here: Visit Borroe.Finance Presale | Join The Telegram Group | Follow Borroe on Twitter Contact Details Borroe Finance media@borroe.finance

October 04, 2023 10:30 AM Eastern Daylight Time

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Will Cardano (ADA), Borroe.Finance ($ROE) or SUI (SUI) Reach $1 First?

Blockchain Digest

NFT trading volume has been declining leading to fears about how Cardano's (ADA) network activity will be affected. Likewise, Sui (SUI) has been on a consistent fall since it launched its Mainnet in May 2023. Meanwhile, analysts say profit projections seem to lie with Borroe.Finance, the decentralized lending marketplace. $ROE is already one of the most popular new ICOs. Yet, can it outclass ADA and SUI? Let's see what analysts are saying. >>BUY $ROE TOKENS NOW<< Borroe.Finance ($ROE): Connecting Web 3 Businesses to Easy Loans Timely and efficient funding is crucial to the development of any sector of the business world. This is more true of the Web 3 industry, which often struggles to find funding opportunities. With a strong recognition of this need, Borroe.Finance ($ROE) was created. The platform uses community-based lending to create efficient avenues to instant cash. Borroe.Finance companies raise funding from supportive communities by facilitating the trade of future and outstanding invoices. When users want to raise funds on Borroe.Finance, they allocate future earnings that they'll sell at discounted prices. Once allocated, these future invoices are minted into collateralized NFTs and placed on a live market. Borroe.Finance's creative use of NFTs to solve real-world problems makes it one of the top DeFi projects. Furthermore, perks like discounted marketplace fees, priority notifications, and voting rewards make Borroe.Finance ($ROE) attractive to investors. Over 100 million $ROE tokens have been sold since the start of Borroe.Finance’s presale. $ROE's current price is $0.0150 in Stage 2 of its presale. When $ROE's presale ends, it would have grown by 166.6% to reach $0.0400. Projections are pretty realistic, considering its Beta Stage investors have already pocketed 50% ROI to date. >>BUY $ROE TOKENS NOW<< Cardano (ADA) Affected by Decline In NFT Market A report from CryptoSlam shows a consistent decline in NFT trading volume. The reports have caused concern in Cardano's (ADA) community. Cardano (ADA) has become one of the most popular NFT networks in recent years. Yet, the decline in general NFT activity is set to affect Cardano's user adoption. As Cardano's community panicked over falling NFT activity, ADA has fallen in the market following the September market crash. ADA was trading at $0.27 on August 29. By September 25, it fell by 11.1% to $0.24 as the market was overwhelmed with bearish pressures. Cardano's falling DeFi activity will undoubtedly affect ADA’s possible recovery. Analysts say Cardano's (ADA) falling adoption will worsen as it faces competition from Solana and Ethereum. With Cardano's continued decline in NFT activity, ADA could drop to $0.22. SUI Records Sharp Drop Since Mainnet Launch in May The bearish pressures in the market over the past few months have taken a sharp toll on Sui. Despite launching its mainnet on May 3, 2023, SUI has fallen sharply. The September 1 market crash has worsened SUI's market performance. It was trading at $0.58 on August 27. By September 1, the market crashed, sending SUI's price down by 17.2% to $0.48. The bearish pressure continued, causing SUI to close at $0.44 on September 25, falling by 8.3%. SUI has lost over 50% value from its May 3 price of $1.40 after its mainnet launch. Given the rising bearish pressures, analysts say SUI might not recover until next year. If this happens, SUI could fall to $0.39. Learn more about Borroe.Finance ($ROE) here: Visit Borroe.Finance Presale | Join The Telegram Group | Follow Borroe.Finance on Twitter Contact Details Blockchain Digest Team noreply@blockchaindigest.net

October 04, 2023 10:01 AM Eastern Daylight Time

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Revenue Management Solutions, iMotions Partner to Unlock Revenue Opportunities through Menu Optimization

Revenue Management Solutions

Revenue Management Solutions (RMS), a global provider of data-driven analytics and tech-enabled solutions for restaurants, has partnered with iMotions, the world's leading software platform for studying the drivers behind human behavior, to deploy the latest human behavior technologies to improve menu engineering and unlock revenue opportunities. The partnership connects restaurant brands with the iMotions software suite, an advanced human behavior research tool with cloud data collection features. iMotions’ unique cloud-based solution uses a participant’s own webcam and a browser interface to collect data using eye tracking, facial expression and emotion recognition technologies, allowing for research to be deployed among any audience at any time, anywhere in the world. RMS then analyzes the research, giving restaurant brands exclusive access to unique metrics like the RMS Focus Score™, which quantifies consumers’ focus across the menu using multiple factors such as average duration and revisits to specific locations on the menu. The research can reveal what information consumers are truly processing on restaurant menus versus simply skimming the content. Restaurant brands gain a clearer understanding of how participants view online restaurant menus and the factors influencing their ordering behavior. RMS then applies more than 25 years of industry-leading data analytics expertise for some of the world’s largest restaurant brands to uncover opportunities for menu optimization and profit potential. “The way consumers engage with restaurants has completely transformed, but many menus are still designed based on pre-digital guidelines,” said Ryan Garner, Director of Research and Consumer Analytics at RMS. “Our pilot study identified clear gaze paths, dead spots and hot spots in digital restaurant menus — information we can translate into profit-building menu insights for our clients.” RMS and iMotions conducted the first pilot study using online eye-tracking and online facial expression analysis in late 2022, confirming that the medium affects where consumers begin when viewing an online menu (gaze paths), what they skip (dead spots) and where they spend their time (hot spots). RMS also tested when customers are most open to suggestive selling and what types of content are most impactful. These insights challenged conventional industry practices and allowed for advancement in menu engineering, all designed to drive profitability. “The restaurant business is the latest industry to recognize how the study of nonconscious behaviors using biometric technologies can challenge conventional wisdom and unlock new opportunities,” said Peter Hartzbech, iMotions Founder and CEO. “Consumer preferences, habits and lifestyles constantly evolve, and what were once impactful perspectives change. Those willing to tap into these modern tools and technologies will better understand today’s consumers and emerge most successful, while those who choose to stick with the status quo will fall behind.” The announcement builds on a collaboration that first began in 2019 with revolutionary menu design research in labs at the University of South Florida’s Muma College of Business. The study was regarded as the most comprehensive consumer menu ordering examination in 30 years. Contact RMS today to learn how menu research can benefit your restaurant. ### About Revenue Management Solutions Revenue Management Solutions (RMS) is committed to supporting restaurants through ever-changing times. Today, more than 50 major brands in 40-plus countries trust RMS. Its data-driven analytics and tech-enabled solutions optimize sales, menus and a brand’s financial health. RMS provides actionable insights to more than 100,000 restaurant locations worldwide to help them make informed business decisions that drive profitability and combat inflation and rising wages. The company holds five US patents on menu pricing and customer segmentation and supports ongoing academic research efforts. For more information on how RMS helps its clients, visit revenuemanage.com. About iMotions Founded in 2005 and headquartered in Copenhagen, Denmark, iMotions, a SaaS company, has developed the world’s leading human behavior software platform. More than 1,300 organizations around the world — from leading academic institutions to global brands to highly respected healthcare organizations — use iMotions to access real-time and nonconscious emotional, cognitive and behavioral data. By integrating and synchronizing all types of sensors into a single platform, iMotions provides researchers with access to deeper and richer insights — and the most complete picture of human behavior. For more information, visit iMotions.com. Contact Details For RMS: Tracy Henderson +1 720-989-3530 tracy@centerreachcommunication.com For iMotions: Todd Graff +1 617-309-0401 tgraff@ctpboston.com Company Website https://www.revenuemanage.com

October 04, 2023 08:02 AM Eastern Daylight Time

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QYOU Media’s Influencer Marketing Divisions Riding Wave of Industry Growth

QYOU Media

Contact Details Doug Barker +1 437-992-4814 shareholder@qyoutv.com Company Website https://www.valuethemarkets.com

October 04, 2023 07:00 AM Eastern Daylight Time

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This Renewable Energy Company Eliminates The Barriers To Clean Energy Transition By Financing And Managing The Projects For Its Customers

Benzinga

By Rachael Green, Benzinga As demand for renewables continues to grow amid soaring fossil fuel prices and increasingly unreliable grid infrastructure, Correlate Energy Corp. (OTCQB: CIPI) seems to be positioning itself as a key player in the emerging clean energy market. The distributed energy company that provides custom clean energy solutions at no upfront cost to commercial customers reported over $4.1 million in revenue in its second quarter, representing a significant increase over the same quarter last year when it brought in $236,690 in revenue. Here’s a look at how Correlate’s business model works and what it’s looking forward to in the months ahead. Correlate Removes The Barriers Of Cost And Complexity When Transitioning To Renewable Energy Correlate’s service starts with an in-depth audit of a customer’s existing energy usage and goals. From there, the distributed energy company develops a customized operating strategy that might include a mix of solar installations, battery storage and other microgrid infrastructure along with energy efficiency upgrades and utility contracts. That mix is tailored to the company with the goal of not just helping it transition to clean energy but doing so in a way that both cuts costs and generates positive cash flow. Once the strategy is finalized, Correlate takes it a step further by collaborating with its existing network of solution providers and co-developers to actually implement those solutions at a cost-effective price, nationwide – while also often providing 100% financing so that Correlate’s customers aren’t paying any upfront costs. In May, for example, Correlate announced that it had secured $11.9 million in financing to build a 5.2-megawatt solar project for the EnerSys headquarters in Reading, Pennsylvania. Installation began in Q3, and when completed, it will become one of the largest commercial solar installations in Pennsylvania to date. In July, the company announced a joint venture with eDGe Renewable Partners to deploy up to $100 million in initial financing as well as technical and engineering resources to support solar energy projects and microgrid infrastructure nationwide for partners. After implementation, Correlate continues to work with that customer to monitor and maintain that new energy system using the company’s proprietary systems. For customers, this model eliminates the complexity, time and upfront costs of transitioning to clean energy. For Correlate, it helps reduce that initial resistance to making that transition while forming multiyear relationships with customers that could yield future sales opportunities. Renewable Energy Is Rapidly Becoming More Affordable Over The Long Term Compared To Fossil Fuel In an interview with Financial Survival Network, Correlate CEO Todd Michaels spoke about the rising costs and increasing volatility and unpredictability that come with existing non-renewable fuel sources like oil, coal, or natural gas. “The compounded average increase on electricity is 7% right now,” Michaels said. “It might go down one year because of some change. But on a compounded basis, it has never gone down since the 70s.” Meanwhile, a renewable source like solar has not only gotten cheaper over the years as technology advances, it gets even cheaper over the long term because generating your own power eliminates the risk of fluctuating fuel input costs. Moreover, with a microgrid – a series of technologies that give you the option to switch between pulling power from the grid or pulling it from your power source – you’re no longer at the mercy of a centralized grid that could be taken down by, say, a wildfire if you’re in California or a heat wave if you’re in Texas. “If the grid goes down because of a weather event,” Michaels explained. “You can choose to go off the grid and operate your own with your own sources of generation, storage, and managing your loads.” What was once relegated to a handful of early adopters has now become something that just makes economic sense. However, the cost of installing that clean energy infrastructure and the complexity of navigating a renewable energy industry that is still highly fragmented and confusing have become huge barriers even for companies who want to make the transition. That’s why Correlate provides a service as comprehensive as it does. By offering 100% financed solutions and coordinating the installation and monitoring and maintenance afterward, Correlate makes it as easy as possible for companies to achieve their energy goals. Moving forward, Correlate will make that unique approach even more cost-effective through its upcoming M&A strategy aimed at scaling its operations and services to improve efficiency and expand its range of solutions. “There’s a huge opportunity to work with decade-old businesses that are doing good work but don’t have sophisticated systems and processes, the ability to raise capital, or the project finance team to help fund their projects,” Michaels said during the interview. To help structure those potential partnerships and acquisitions, it appointed Eli Albrecht to its board of directors last month. The acclaimed M&A lawyer with extensive experience in the renewable energy sector will help the company drive roll-up opportunities in the highly fragmented clean energy landscape. 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

October 03, 2023 09:00 AM Eastern Daylight Time

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Copper Prices Rebound As Global Clean Energy Transition Drives Diversified Demand Growth

Benzinga

By Rachael Green, Benzinga After erasing the solid July gains both made in July in the first half of August, both copper and copper mining stocks seem to be rebounding in the second half of the month. The slide in the first half of the month came as China posted weaker-than-expected imports and exports for July, including declining vehicle sales and a dip in copper imports. The decline in copper prices was short-lived, though, as the overall market sentiment on the metal seems to have reversed despite the weak economic data from China last month. Like many of the metals needed in the clean energy transition, copper is rallying on the growing urgency and capital investment in reducing fossil fuel dependence. Copper is not only an important material in batteries, but also in a wide range of other components of energy storage tech and the electricity grid. A recent report from Trading Economics highlighted the dip in copper futures prices but pointed out that price levels did not decrease too far due to “market players flagged large incoming copper deficits, with current production levels failing to keep up with increasing demand for electrification”. Copper Markets Are Becoming Less Dependent On Chinese Demand For the last twenty years or so, copper prices have been largely driven by Chinese demand. The nation accounts for half of the global demand for the metal as its rapidly expanding economy created a massive need for copper to build the electrical infrastructure to power new and increasingly industrialized cities. That’s why the weaker-than-expected Chinese economic data at the start of the month were able to wipe out copper’s July gains so quickly. But, as the current rebound in prices reveals, market sentiment on the metal is gradually becoming less tethered to Chinese demand. As economies all over the globe look to transition away from fossil fuels, they’re investing more in infrastructure upgrades and new technologies that will enable them to meet their energy needs with clean and renewable sources. Many of those upgrades and new technologies are going to require copper. As such, demand for the metal is not just expected to grow but to diversify, making slight fluctuations in Chinese consumption less impactful on the overall copper market. The Critical Minerals Market Review estimates that achieving net zero emissions by 2050 — the target set by the 196 parties that signed the Paris Agreement in 2015 — global copper consumption will need to grow 60% by 2040. Meanwhile, like many other critical metals, supplies are low and struggling to keep up even with current demand levels. As demand continues to outstrip supply, miners could potentially enjoy significant revenue growth on rising copper prices, and the ones that can find new sources and open up new mines could generate strong returns for investors. Add Clean Energy Transition Exposure To Your Portfolio With Sprott ETFs Sprott Asset Management, an asset management firm that’s been focused on precious metals for decades, now offers two ETFs for investors who want broad exposure to the potential copper boom. Sprott Junior Copper Miners ETF (NYSEARCA: COPJ) tracks an index of exploration or early-stage copper miners while Sprott Energy Transition Materials ETF (NYSEARCA: SETM) tracks a broad portfolio of metals and other minerals that are playing a key role in the transition to a net zero economy. 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

October 03, 2023 09:00 AM Eastern Daylight Time

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