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This Early-Stage Crypto Project Could Be The Only Truly Decentralized Exchange Platform — Here’s What You Need To Know

Benzinga

By James Wells, Benzinga Learn more about and invest in Swopblock via Wefunder. The value of Bitcoin has been rising significantly, experiencing an increase of over 70% since the start of 2023. Alongside this, there have been notable industry developments, such as BlackRock's Spot BTC ETF filing and Ripple's (XRP) victory over the SEC. All of these factors suggest a promising future for altcoins heading into 2024. Amidst these developments, decentralized exchanges (DEXs) have gained prominence, especially following the 2022 FTX collapse and several ensuing insolvencies. Swopblock, a new entrant in this critical crypto market sub-sector, is positioning itself as a pioneering player, aiming to emerge as the world’s first 100% decentralized cross-chain exchange platform. The following article will explore the mechanics of Swopblock and its potential significance to investors who prioritize decentralization, the crypto industry's cornerstone principle. What Is Swopblock? Swopblock is an open-source, proof-of-relay (PoR) protocol facilitating peer-to-peer self-custodial cross-chain trading. Users transact directly from their wallets without giving their crypto keys or assets to intermediaries at any phase of trading. Swopblock's protocol, notable for being fully decentralized, distributes 100% of its trading liquidity across all user wallets. Swopblock’s 'Liquidity Stream' powers the network, functioning as the exchange medium driving market volume. SWOBL is the native asset of the Swopblock ecosystem. It serves as a free-flowing medium of exchange that provides the market volume equilibrium necessary for autonomous cross-blockchain trading between peers. Unraveling The Utility Behind SWOBL Swopblock is powered entirely by SWOBL, embodying 100% of the liquidity across user wallets. As SWOBL serves as a liquidity adapter for various blockchains like Ethereum and Bitcoin, its demand hinges on the trading volume in the Liquidity Stream. As adoption escalates, SWOBL demand increases. This allows traders, investors and holders of SWOBL (including Swopblock) to potentially capitalize on these gains. Swopblock Vs. Competitors The crypto market's decentralized exchange (DEX) sector is heavily populated, with numerous DEXs operating independently on distinct blockchains. Despite the surge in DEX popularity following the 2022 FTX collapse, complete decentralization remains elusive for cross-blockchain DEXs. Here are several reasons why these DEXs fall short of achieving complete decentralization: Centralized Elements: Liquidity pools, bridges, and pipes in decentralized structures always require management by a centralized authority. Liquidity Ownership: Providers of liquidity (whether distributed or not) are in fact intermediary custodians themselves, contradicting the very principles of decentralization. Single Failure Points: Concentrated liquidity in pools and bridges can lead to potential single points of failure, causing significant losses if compromised (hacks, bugs, etc.). Swopblock sets itself apart from competitors such as THORChain (RUNE) and Uniswap (UNI) by offering total decentralization with cross-chain capability. This is achieved by Swopblock's protocol driven medium of exchange, distributing 100% of this trading liquidity across all user wallets, thus eliminating single-points of custodial-control failure and mitigating hacking risks commonly associated with liquidity pools and bridges. Seizing The Market Opportunity: The Promising Outlook Of Swopblock According to Grand View Research, the U.S. crypto exchange platform market, valued at $7.8 billion in 2021, is projected to rise at a CAGR of 28.3%. Despite the continued prevalence of Centralized Exchanges (CEXs), DEXs have witnessed a surge in popularity following several bankruptcies and unethical practices in the centralized space. As a result, as crypto adoption continues to increase, user demand for a secure and decentralized exchange medium will also increase. Swopblock is positioned to capture this demand, given its unique value proposition of 100% distributed liquidity powering cross-chain exchange. Early Investor Benefits: Exclusive Perks For Visionary Backers Currently, Swopblock is raising capital for its protocol's official launch, providing early investors with additional SWOBL in four phases according to their investment amount and timing. At the time of writing, over 18 million SWOBL Perks from Swopblock’s fixed supply of 52.8 million has been distributed to early investors. Early exposure to this protocol might be a lucrative decision for interested investors who believe in the future of Swopblock’s superior technology. Embracing The Future With Swopblock? Overall, Swopblock appears to offer immense potential in the expanding crypto sphere. With its decentralized cross-chain protocol and 100% distributed liquidity, it sets a new standard in the DEX sector, ensuring the native chain security of self-custody. As crypto adoption increases, Swopblock’s unique decentralized approach could capitalize on the demand. Learn more about and invest in Swopblock via Wefunder 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

August 08, 2023 09:25 AM Eastern Daylight Time

Following A Biotech Subsidiary Spin-Off, Here’s a Look at another DSS, Inc. (NYSE American: DSS) Subsidiary, this time in a $193 Billion Industry

Benzinga

By David Willey, Benzinga Premier Packaging Corp is a turnkey paperboard and folding carton packaging company that provides top-quality design, manufacturing, inventory management, and other services. Wholly owned by DSS, Inc. (NYSE American: DSS), a multinational company that incubates and operates a diversified portfolio of companies in nine divisions and around 40 companies, Premier Packaging has seen very healthy increases in revenue and income. In the First Quarter, Premier Packaging contributed (See First Quarter filing with line item revenues and income) to its parent company. DSS recently announced the impending spin-off of one of its biotech subsidiaries, Impact Biomedical, Inc. This spinoff and stock dividend has drawn attention to other companies that are part of the DSS family, including some other potential spin-offs coming this year. Premier Packaging is the only company in DSS’ paperboard and folding carton product packaging division. With more than 30 years of experience in the sector, the company has established itself with a customer-first mentality and seeks to provide innovative solutions at every point of the packaging process. Premier’s Place In The Packaging Industry The premium packaging industry in the United States is currently worth just over $193 billion and is predicted to reach $222 billion by 2028 at a compound annual growth rate (CAGR) of 2.8% over 2022-2028. Along with Premier Packaging, other companies that are active in the paperboard and folding carton packaging industry include Amcor (NYSE: AMCR), WestRock (NYSE: WRK) and Packaging Corporation of America (NYSE: PKG). Premier Packaging looks to be orienting itself toward the future with its Premier Green Initiative which seeks to design and practice environmentally sustainable packaging solutions. The drive for sustainability is already radically transforming the packaging industry and companies that adapt to this new environment could prove resilient in the sector. Premier Packaging reports that it exemplifies this resilient attitude with its environmentally conscious approach. It is committed to crucial and competitive weight and material reduction of its packaging and constantly seeks more sustainable solutions at every point of its supply chain. In fact, the company has met and exceeded all of the sustainability requirements from the Leadership in Energy and Environmental Design (LEED). There are also some commitments Premier Packaging makes to customers to set itself apart in the sector. It provides original creative designs matched with cost-effective production to ensure that its customers get Premier quality at the most affordable price point possible. The company reports extensive experience in strict compliance, and it operates within all the regulations set by the Food and Drug Administration (FDA), government agencies and high-profile companies. Premier Packaging provides comprehensive paperboard and carton folding packaging solutions for a diversified range of industries, including food, beverages, medical devices, consumer products, photos, printing and more. It also offers a vendor management service to give its customers an additional layer of assistance. As part of this service, the company leverages its decades of expertise in supply chain management to offer forecasting, logistics, procurement and inventory management services. DSS’s Premier Packaging subsidiary is an example of the company’s business plan of developing its various business entities to increase enterprise value with the potential of monetizing the businesses for DSS shareholders. Click here to learn more about Premier Packaging. Learn more about what DSS, Inc. is doing to support and spinoff businesses. 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

August 08, 2023 09:25 AM Eastern Daylight Time

GoPro becomes the Official Action Camera Partner of Formula DRIFT

Formula DRIFT

The latest global brand to join the Formula DRIFT family is GoPro, maker of the world’s most versatile camera. This collaboration is the perfect synergy, bringing together the most extreme motorsports series with the best cameras to capture the action. “We’re extremely happy to welcome GoPro to the Formula DRIFT family,” said Ryan Sage, Formula DRIFT President. “Almost since our inception, GoPro cameras have been used to capture some of the most exciting action in our sport. So, we’re delighted to make this collaboration official and be able to capture and share even more of what makes Formula DRIFT unique.” Currently, the latest GoPro cameras, including HERO11 Black and the 360° GoPro MAX, are being used by the series to capture footage for its very popular and free-to-view event livestream. So, the next logical step was to create a dedicated new video series. Called GoPro Chase for the Championship, it commenced at the St Louis Round last month and will continue to the end of the season. Each episode will follow the top drivers chasing the championship title and will be filmed entirely on GoPro. The videos will air over the Formula DRIFT livestream on YouTube and appear on FD’s social media pages for each of the remaining rounds. The GoPro video series will explore how the leading drivers reached their position in the standings and the challenges they face. While GoPro Chase for the Championship will focus on the FD PRO teams, the partnership will also feature FD Experience Presented by GoPro. Hosted by a roaming reporter, the series will drop into FD PRO and PROSPEC competition to capture the action and personalities behind the scenes as well as the fan experience as both Championships ramp up to their Final Rounds. As an additional opportunity for fans, GoPro will attend one of the final rounds to share the latest GoPro technology with attendees, including hands-on workshops with the industry-leading HERO11 Black, plus the mobile-friendly GoPro Quik app, and GoPro Subscription ecosystem. Information about the specific round will be available shortly. NEXT ROUND Evergreen Speedway in Monroe, WA will host the Formula DRIFT PRO Championship Round 6 on August 11-12. Please visit formulad.com for the competition schedule, ticket information, driver profiles, special content, and the event livestream, which will include the new GoPro Chase for the Championship and FD Experience Presented by GoPro series. About GoPro, Inc. (NASDAQ: GPRO) Founded in 2002, GoPro helps the world to capture and share itself in immersive and exciting ways. For more information, visit GoPro.com. Open roles can be found on our careers page. Members of the press can access official logos and imagery on our press portal. GoPro customers can submit their photos and videos to GoPro Awards for an opportunity to be featured on GoPro's social channels and receive gear and cash awards. Connect with GoPro on Facebook, Instagram, LinkedIn, TikTok, Twitter, YouTube, and GoPro's blog, The Current. GoPro, HERO and their respective logos are trademarks or registered trademarks of GoPro, Inc. in the United States and other countries. ABOUT FORMULA DRIFT Formula DRIFT is recognized as the leading international drifting championship. Established on the streets of Japan, drifting has evolved into a worldwide competitive sport that challenges the driver's skill while demanding a great deal from their vehicle in terms of power and strength. Formula DRIFT provides a series for the best professional drifters from around the globe to compete for the coveted title of Formula DRIFT Champion. As the first official drifting series in North America, Formula DRIFT has taken competitive motorsports to the extreme, attracting drift fans and car enthusiasts from all walks of life, and established itself as the global leader for the sport. For a competition schedule, ticket information, special content and livestream, please visit formulad.com EDITOR’S NOTE The first GoPro Chase for the Championship can be viewed or shared here: youtube.com/watch?v=I2q_-X08XCw More images are available here: dropbox.com/scl/fo/d13m7atpaqtiup8juffnq/h?rlkey=vqnmf4p3g96emupnmc87tzyyk&dl=0 Contact Details Greg Emmerson greg@theidagency.com Company Website https://www.formulad.com

August 08, 2023 06:12 AM Pacific Daylight Time

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News Release

Investing in Crypto? Consider the Potential of Borroe ($ROE), Polkadot (DOT), and Avalanche (AVAX)

Blockchain Digest

In the realm of cryptocurrency investments, three assets that warrant consideration are Borroe ($ROE), Polkadot (DOT), and Avalanche (AVAX). Each of them boasts distinct strengths and innovations, but Borroe ($ROE) shines brightly with its dedication to transparency, efficiency, and user empowerment, offering a seamless trading experience. Let’s see which of these assets has the biggest potential. >>BUY $ROE TOKENS NOW<< Borroe ($ROE): Revolutionizing Funding for Web3 Borroe ($ROE) is a pioneering AI-powered funding marketplace. Borroe ($ROE) provides content creators and Web3 participants with the unique opportunity to generate instant cash flows. This can be done by selling future earnings from subscriptions, royalties, and invoices. As traditional funding systems struggle to adapt to the principles of Web3, Borroe ($ROE) embraces this evolution. Borroe ($ROE) provides a platform for businesses to raise funds using NFTs representing their future or outstanding invoices. Through the minting and sale of discounted invoice NFTs, Borroe ($ROE) fosters a peer-to-peer ecosystem where buyers can easily trade these NFTs on secondary markets. During the beta stage, Borroe’s ($ROE) witnessed a 25% surge from its initial price of $0.010 to $0.0125 in Stage 1. Looking ahead to Stage 2, the price of Borroe ($ROE) is projected to reach $0.015. By the end of the presale in Stage 8, Borroe ($ROE) is expected to surge by a substantial 300% from the initial price to $0.040. >>BUY $ROE TOKENS NOW<< Polkadot (DOT) Plunges Upon Binance Futures Delisting On July 27, Binance Futures discontinued Polkadot (DOT) as a margin asset in Multi-Asset Mode. The decision prompted Polkadot (DOT) holders to adjust their portfolios accordingly. The transfer-in limit for Polkadot (DOT) in Multi-Assets Mode has been updated to zero, signaling its removal from the platform. Existing Polkadot (DOT) assets have been automatically converted to USDT. As a consequence of the delisting, Polkadot (DOT) experienced a significant drop in price. Polkadot (DOT) lost 5.7%, from the price of $5.3 on July 27 to $5 on Aug 3. Moreover, the trading volume for Polkadot (DOT) declined by 5.4%, falling from $112 million to $106 million between Aug 2 and Aug 3. Technical indicators are indicating a bearish outlook for Polkadot (DOT), with analysts predicting a potential further decline toward the $4 level in the near future. Balancer Unleashes DeFi Potential on Avalanche (AVAX) Avalanche (AVAX) witnessed a momentous DeFi breakthrough with the official deployment of Balancer on August 1. This strategic move aims to bolster the growth of liquid staking on the Avalanche (AVAX) network while offering users a more versatile DeFi tech stack. Balancer seeks collaboration with four prominent LST protocols on Avalanche (AVAX), including sAVAX, ankrAVAX, yyAVAX, and ggAVAX. The partnership elevates the capabilities of Avalanche's LST and enhances liquidity and market dynamics. However, Avalanche (AVAX) witnessed a downtrend in the last week. Avalanche’s (AVAX) price fell from $13.4 to $12.5 between July 27 and Aug 3, resulting in a loss of 6.7%. Nevertheless, there was a notable increase in Avalanche’s (AVAX) trading volume during the 24-hour period between Aug 2 and 3, rising by 11% from $106 million to $118 million. Despite a slight downtrend in the last week, Avalanche's (AVAX) growing trading volume and Balancer's integration signal new opportunities, fostering optimism and growth for Avalanche (AVAX). Find out more about the Borroe ($ROE) presale here: Website: https://borroe.finance/ Telegram: https://t.me/borroe_finance Twitter: https://twitter.com/Borroe_Finance Contact Details Borroe marketing@borroe.finance Company Website https://borroe.finance

August 08, 2023 06:30 AM Eastern Daylight Time

News Release

Is a Bitcoin (BTC) Bounce Coming? Analysts Suggest DigiToads (TOADS) Presale to Make Big Gains

Blockchain Digest

The cryptocurrency market has been volatile in recent months, but there are some signs that a Bitcoin bounce could be coming. Bitcoin (BTC) has been trading sideways for the past few weeks, and some analysts believe that the cryptocurrency is due for a breakout. One of the reasons for this optimism is the accumulation of BTC by crypto whales. Whales, or large investors, have been buying up BTC in recent weeks, and this suggests that they believe the cryptocurrency is undervalued. Bitcoin is currently trading at around $29,000. Some analysts believe that BTC could reach $35,000 in the near future, while others believe that it could even reach $40,000. Analysts also suggest the strong demand for DigiToads ( TOADS ), a new cryptocurrency project that is designed to be a decentralized platform. Analysts believe that TOADS could make big gains if BTC does bounce. This is because TOADS is a new project with a lot of potential, and it could benefit from the increased interest in the cryptocurrency market. Anticipating a Bitcoin (BTC) Bounce from $29K to $35K Amidst the crypto turbulence, the question arises: Is a Bitcoin (BTC) bounce on the horizon? With its current value hovering around $29K, some experts believe that a potential upward trajectory could push it to $35K. As the pioneer and leader of the cryptocurrency world, Bitcoin holds the largest market cap and has established itself as a reliable digital asset over the years. This recent dip in its price might just be a temporary setback, as historical patterns have shown Bitcoin's ability to recover from similar situations. Investors and enthusiasts are watching closely, considering the potential for a bullish movement. The crypto market is famously unpredictable, but Bitcoin's resilience and historical performance make it an intriguing asset for those searching for a good crypto to buy. While short-term fluctuations are common, the long-term potential of Bitcoin remains a focal point for both seasoned and new investors, as it continues to be regarded as one of the best cryptocurrencies to invest in. Only time will tell whether Bitcoin is gearing up for another remarkable ascent, reinforcing its role as the anchor of the digital currency space. Visit DigiToads Presale Analysts Point to Potential Impressive Gains for DigiToads (TOADS) Presale In the fast-evolving landscape of cryptocurrencies, DigiToads (TOADS) is capturing significant attention, particularly through its highly anticipated presale. With a presale that has already raised a substantial $6.7 million, it's evident that investor interest in DigiToads is reaching new heights. Scheduled to conclude on August 15, 2023, the presale has been meticulously designed to set the stage for DigiToads' future success. The token launch is set for August 21, 2023, adding to the excitement of what lies ahead. The presale comes at a current price of $0.05 per TOADS, a promising entry point for a good investment opportunity. This represents an impressive 400% increase from its initial stage. The launch price is projected to be $0.055, showcasing a remarkable 450% increase. DigiToads' presale is truly remarkable, showcasing a well-structured tokenomics model with precise allocations that underline its commitment to growth and sustainability. The total supply of 585 million tokens has been meticulously apportioned to various essential aspects, ensuring a comprehensive and dynamic ecosystem. Of the total tokens, 405.35 million are exclusively reserved for the presale phase, reflecting the project's strong start and investor confidence. Additionally, 76.99 million tokens are allocated for Community Growth & Liquidity, fostering a robust and engaged user base. Another 42.66 million tokens are dedicated to Competitions & Prizes, fostering a vibrant and interactive community. Furthermore, the allocation of 30.75 million tokens towards development and upgrades underscores DigiToads' commitment to continuous improvement. This thoughtfully designed tokenomics model not only instills trust among investors but also supports DigiToads' long-term vision. By effectively channeling tokens into different avenues, DigiToads aims to strike a harmonious balance between community engagement, technological advancement, and overall growth. Visit DigiToads Presale Conclusion As the cryptocurrency market navigates its fluctuations, speculation abounds about a potential Bitcoin (BTC) bounce. While Bitcoin's trajectory remains uncertain, analysts are shining a spotlight on DigiToads (TOADS) presale, foreseeing substantial gains. Amidst these dynamics, DigiToads emerges as a notable contender, potentially solidifying its position as one of the best DeFi cryptos. The unique blend of P2E gaming, strong tokenomics, and the promise of potential returns positions DigiToads as one of the best DeFi coins to invest in. Visit DigiToads Presale Mint DigiToads NFTs Here Buy DigiToads NFTs on OpenSea Join the community Contact Details DigiToads marketing@digitoads.world Company Website https://digitoads.world

August 08, 2023 06:12 AM Eastern Daylight Time

News Release

Crypto Forecast: Big Moves Await Bitcoin (BTC), Filecoin (FIL) and InQubeta (QUBE)

Blockchain Digest

In the high-octane world of cryptocurrencies, Bitcoin (BTC), Filecoin (FIL), and InQubeta (QUBE) are gaining attention. Investors anticipate big moves for these digital currencies, suggesting that they are promising candidates for adding value to portfolios. As the crypto market continues to expand and evolve, here's a look at the growth trajectories of these three cryptocurrencies. Visit InQubeta Presale InQubeta: The Innovative AI-focused Platform Starting off with a unique crypto player, InQubeta is changing the game by marrying blockchain technology and artificial intelligence. Built on the Ethereum network, the company's QUBE token is quickly gaining traction among investors for its high-growth potential. The InQubeta platform aims to connect investors with AI start-ups, creating an ecosystem where ideas and investments flourish. Their deflationary ERC20 token, QUBE, fuels this ecosystem. Following a successful pre-sale, which saw the company raise over $2 million, the token has caught the attention of investors worldwide. It recently entered the third stage of the presale round, and the price is already up by 60% from the beta stage. Unlike traditional cryptocurrencies, QUBE's value is driven by a 2% burn rate and a 5% buy/sell tax, which rewards QUBE holders. By using a deflationary model, QUBE is expected to increase in value over time, as supply gradually diminishes. The success of the QUBE presale and the subsequent increase in token value underscores InQubeta's potential. As the company prepares to launch its NFT marketplace, InQubeta Swap, and the InQubeta DAO, the future looks promising for QUBE and its holders. Visit InQubeta Presale Bitcoin: The Showstopper Bitcoin (BTC), the first-ever cryptocurrency, remains a heavyweight in the market, despite recent market turbulence. BTC's value continues to fluctuate around key resistance levels, leading to predictions of big moves in the future. While Bitcoin has recently dropped below the key support level of $30,000, market analysts believe that this could be a temporary retracement before a larger upward trend. The decentralized nature of Bitcoin and its position as a "store of value" means that it continues to attract institutional and retail investors alike. Filecoin: The Future of Decentralized Storage Filecoin (FIL), the token of the decentralized storage system, is another cryptocurrency expected to make significant strides. The platform allows users to rent out their spare storage space or buy space from others, creating a decentralized "marketplace" for data storage. FIL has experienced steady growth, largely due to the increased adoption of decentralized storage solutions. As more businesses and individuals seek out secure, reliable storage options that offer more control over data, the demand for services like Filecoin is expected to increase. Cryptocurrency: An Ever-Evolving Landscape In the ever-evolving world of cryptocurrencies, BTC, FIL, and QUBE are showing strong potential for growth. While Bitcoin continues to lead in market value, innovative platforms like InQubeta and Filecoin provide compelling investment opportunities. Investors are keeping a close eye on these three cryptocurrencies, anticipating big moves in the near future. As we continue to monitor the crypto landscape, it's clear that these digital currencies are set to redefine how we think about finance, investment, and digital technology. Visit InQubeta Presale Contact Details InQubeta marketing@inqubeta.ai

August 07, 2023 11:05 AM Eastern Daylight Time

OYO US Collaborates with Stripe to Introduce Instant Payouts for Hotels

OYO

Global travel technology company OYO announced that it has partnered with Stripe, a global financial infrastructure platform for businesses, to ease the payment experience for its customers and hotel owners in the US. The integration will provide hotel owners with a flexible and seamless solution for in-person payments with Stripe Terminal at their hotels. OYO hotels in the US will also be enabled with real-time payouts through Instant Payouts with Stripe, which will improve their cash flow. With Instant Payouts, OYO can allow hotel owners on their platform to access their balances immediately following a successful charge. Instant Payouts are available at any day or time, including weekends and holidays, and funds typically settle in the associated bank account within 30 minutes. In addition, the collaboration will equip OYO hotels in the US with a secure online payments platform for guests to make bookings. With robust fraud protection mechanisms in place to safeguard against online fraudulent activities, hotel owners will see a reduction in the overall processing charges, minimizing chargeback costs. OYO seeks to enable higher authorization rates with the Stripe integration as lower payment success rates result in customers dropping off, directly impacting revenue. The company anticipates increased success rate which will translate into faster and more efficient bookings and check-ins, allowing guests to focus on enjoying their stay without unnecessary delays. Talking about the partnership, Gautam Swaroop, CEO OYO International said, “Today’s consumers are used to lightning fast and smooth search and transaction experience. By teaming up with Stripe, we will simplify and quicken the payment process, ensuring a smooth and hassle-free experience for our customers as well as hotel partners. With Stripe, OYO will offer secure online transactions and its low-cost payment infrastructure will streamline financial operations so that we can allocate resources more efficiently, ultimately providing guests with better value and services.” Nikhil Heda, Head of Business Development, OYO USA added, “The integration with Stripe will reduce the overall transaction cost for OYO and help in better fraud detection mechanisms. Stripe's robust security measures and sophisticated algorithms will work in tandem with OYO's existing protocols to create a fortified defense against potential threats, instilling confidence and trust in every transaction.” OYO offers hotels access to a large base of regular customers through its app and website, and lists hotels on multiple Online Travel Agents (OTAs) to boost booking demand and revenue. OYO’s best-in-class Artificial Intelligence-enabled pricing software automatically drives the best booking prices across all channels, based on room type, seasonality and other factors, therefore, enabling such an increase in online revenues. OYO has started offering hotels the flexibility of not having to invest heavily in redoing the hotel to join the OYO platform, something that other budget hotel chains insist on. Therefore, the initial investment to join OYO is minimal. It has been focusing instead on standardizing service led components such as customer support and booking experience. The company helps ensure great experience for customers, with ease of search and a quick booking experience, highly competitive room prices as per market demand patterns, automated tools such as Artificial Intelligence powered chatbots to quickly resolve customer queries, loyalty programs and easy refund, if needed. Earlier this year OYO said that it is planning to add over 100 hotels in the US. The company will focus on adding more hotels in the states of Oregon, Washington, Texas, Oklahoma, Georgia and Florida. Texas continues to be the largest and fastest growing market for OYO in the US, while it also has a sizable concentration of hotels in Oregon, South and North Carolina, Florida & Georgia. The company also achieved a 48% growth in revenue from bookings on its own platform, such as the app, website, mobile web and call centers in Q4 2022 vs same period in 2021. OYO’s app saw the highest growth with a 99% surge in revenue from bookings in Q4 2022 vs same period in 2021. The company had earlier disclosed that its app is the second most downloaded travel app with over 100 million downloads globally. OYO has presence in over 35 countries globally. It owns a vacations home business in EU called OVH (OYO Vacation Homes) which operates legacy brands such as DanCenter, Belvilla & Traum-Ferienwohnungen. About OYO: OYO is a global platform that aims to empower entrepreneurs and small businesses with hotels and homes by providing full-stack technology products and services that aim to increase revenue and ease operations; bringing easy-to-book, affordable, and trusted accommodation to customers around the world. OYO offers 40+ integrated products and solutions to patrons who operate over 168,711 hotel and home storefronts in more than 35 countries including India, Europe and Southeast Asia, as of September 30, 2022. For more information, visit www.oyorooms.com. Disclaimer: Oravel Stays Limited is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, to make an initial public offering of its equity shares (the “Equity Shares”) and has filed the Draft Red Herring Prospectus (“DRHP”) with the Securities and Exchange Board of India (“SEBI”). The DRHP is available on the website of SEBI at www.sebi.gov.in, websites of the Stock Exchanges, i.e., BSE Limited and National Stock Exchange of India Limited at www.bseindia.com and www.nseindia.com, respectively, and is available on the websites of the Global Coordinators and Book Running Lead Managers, i.e., Kotak Mahindra Capital Company Limited, J.P. Morgan India Private Limited and Citigroup Global Markets India Private Limited at www.investmentbank.kotak.com, www.jpmipl.com and www.online.citibank.co.in/rhtm/citigroupglobalscreen1.htm; the websites of the Book Running Lead Managers, i.e., ICICI Securities Limited, Nomura Financial Advisory and Securities (India) Private Limited, JM Financial Limited and Deutsche Equities India Private Limited at www.icicisecurities.com, www.nomuraholdings.com/company/group/asia/india/index.html, www.jmfl.com and www.db.com/India, respectively. Investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, refer to the Red Herring Prospectus which may be filed with the Registrar of Companies in the future, including the section titled “Risk Factors”. Potential investors should not rely on the DRHP filed with SEBI for making any investment decision. The Equity Shares offered in the Fresh Issue (as defined in the DRHP) and the Offer for Sale (as defined in the DRHP) have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) and, may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. Accordingly, the Equity Shares are only being offered and sold (i) within the United States only to “qualified institutional buyers” (as defined in Rule 144A under the Securities Act) in transactions exempt from, or not subject to, the registration requirements under the Securities Act, and (ii) outside the United States in offshore transactions in reliance on Regulation S under the Securities Act and pursuant to the applicable laws of the jurisdictions where those offers and sales are made. There will be no public offering of the Equity Shares in the United States. Contact Details Anupriya +91 97911 63065 anupriya.d@oyorooms.com Company Website https://www.oyorooms.com/

August 07, 2023 11:00 AM Eastern Daylight Time

CORRECTING AND REPLACING: UPDATING LOGO: Songtradr Group Names Paul Langworthy Chief Revenue Officer

Songtradr

Today, Songtradr announces the appointment of Paul Langworthy as Chief Revenue Officer. Reporting directly to Paul Wiltshire, Songtradr’s CEO, he will oversee revenue growth and new market ventures, develop sales strategies, and manage the global sales organization across the company’s portfolio of integrated brands and technologies. Langworthy’s appointment follows a successful tenure as CEO of Songtradr-owned 7digital, the leading B2B music solutions provider for digital platforms and brands worldwide including Pinterest, Barry’s, and Triller. This appointment comes amid significant worldwide growth for Songtradr. In 2023 alone, the company completed the 7digital acquisition and inked a partnership expansion with TikTok to supply music for TikTok’s commercial music library. As Chief Revenue Officer, Langworthy will focus on expanding licensing, music management, and creative opportunities with major brands and agencies, developing scalable solutions to unmet needs in high-growth potential industries such as social media and gaming, as well as global and local markets where music rights management remains fragmented and under monetized. Songtradr’s Founder and CEO, Paul Wiltshire commented, “Paul has a proven track record of successfully managing large teams, multiple revenue streams and has a deep understanding of the complex music rights ecosystem we work in. He is a true leader, very passionate, collaborative and decisive. We’re very excited about this new role and the path ahead.” Langworthy has over 20 years of experience in music and digital media. As 7digital CEO, he oversaw the transformation of the business into a scaled, productized platform, providing a competitive advantage in streaming, UGC, gaming, online fitness, and retail. Since 2020, 7digital has expanded the number of customer contracts in strategic verticals, including the world’s largest social media brands, a leading retail music provider, and established fitness providers such as Barry’s. The platform serves the forefront of music industry growth and 7digital’s enterprise customers now reach over 1 billion monthly active users. Before 7digital, Langworthy was Head of Content Operations at YouView, the UK-based connected TV service, and spent over nine years with Universal Music Group, where he held various roles in the label’s International Digital Supply Chain Management division. Paul Langworthy, Chief Revenue Officer for the Songtradr Group, said: “Songtradr’s commercial trajectory across its range of B2B music offerings means the future is incredibly exciting. We have a very unique blend of amazing creative talent and industry-leading technology that serves some of the world's biggest brands, with everything from sonic branding to commercial music licensing and scaled music delivery services. I can't wait to work with the really talented team across the whole Songtradr Group and deliver the growth and future potential the business will achieve.” For more information about Songtradr, visit songtradr.com. Songtradr is the world's largest full-stack B2B music platform helping brands, content creators, and digital platforms find their voice and connect with audiences through music. Whether with a classic song or a trending tune, a global music strategy or a sonic identity, Songtradr helps translate ideas into powerful, ROI-driven solutions that always hit the right note. The company’s fully integrated suite of products and solutions simplifies the process of finding, licensing and managing music across all formats. The result reduces cost and complexity, increases consistency and compliance, and elevates the full potential of music catalogs for users and rights holders alike. Contact Details Songtradr Joe Sauer joe.sauer@songtradr.com Company Website https://www.songtradr.com/

August 04, 2023 11:59 AM Eastern Daylight Time

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Contact Details News Media Group Jennifer Rivera +1 954-667-9647 jrivera@newsmg.com Company Website https://newsmg.com/

August 04, 2023 10:11 AM Eastern Daylight Time

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