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HackaTRON Season 7 Launches With Google Cloud as Diamond Sponsor, Celebrates Successful Kickoff at Bitcoin Nashville

TRON DAO

Geneva, Switzerland, July 29, 2024 - TRON DAO, along with co-hosts HTX DAO, BTTC, and JustLend DAO, proudly announces the launch of HackaTRON Season 7, with submissions open until October 23. Following a successful launch party at Bitcoin 2024, this season promises a series of engaging events and innovative competition tracks. Participants will have access to leading crypto VCs - TRON DAO Ventures and HTX Ventures, connect with a broad network of industry collaborators, and gain visibility among leading venture capital firms. HackaTRON Season 7 Tracks Season 7 includes five different tracks: Web3: Shape the next evolution of the internet with contributions that bridge the gap to a decentralized future. Artistry: Redefine entertainment by merging blockchain technology with gaming and NFTs, exploring new horizons for creators. DeFi: Craft the next DeFi project that makes financial services more accessible. Builder: For returning projects on TRON/BTTC that have significant updates. Integration: A new track inviting the integration of protocols, dApps, or services to enrich the TRON ecosystem. It’s an open call for developers to leverage the TRON network’s capabilities. Prize Pool Details HackaTRON Season 7 features a substantial prize pool totaling up to $650,000, which includes $500,000 in TRX, TRON's native utility token, and $150,000 in energy prizes. The energy component helps subsidize network fees, making blockchain interactions smoother and more efficient for users. The prize distribution, determined by both judge and community voting per track, is as follows: Judge-Selected Qualifiers 1st Place: $25,000 in TRX* 2nd Place: $15,000 in TRX* 3rd Place: $10,000 in TRX* 4th Place: $8,000 in TRX* 5th Place: $6,000 in TRX* Community-Selected Winners 1st Place: $7,000 in TRX* 2nd Place: $6,000 in TRX* 3rd Place: $5,000 in TRX* 4th Place: $4,000 in TRX* 5th Place: $3,000 in TRX* Additionally, there are various bonus prizes and special awards that contribute to the total prize pool of $500,000 in TRX. These bonuses recognize outstanding achievements and contributions in specific areas, encouraging diverse and innovative solutions. *All prizes are issued in TRX or TRON network Energy, not USD, restrictions applied. Sponsors Spotlight Diamond Google Cloud is the new way to the cloud, providing AI, infrastructure, developer, data, security, and collaboration tools built for today and tomorrow. Google Cloud offers a powerful, fully integrated and optimized AI stack with its own planet-scale infrastructure, custom-built chips, generative AI models and development platform, as well as AI-powered applications, to help organizations transform. Google Cloud will provide cloud service to HackaTRON S7 and partners. Gold Mobilum is a financial technology company providing various payments and banking solutions to bridge the traditional finance and web3 world. Mobilum's core mission is to make cryptocurrencies more accessible, spendable and ubiquitous in our daily lives Pentagon Games is a ZkEVM chain game publisher powering XR metaverse through deep learning and Web3. Their vision is to create immersive experiences that go beyond traditional gaming, incorporating elements of AI, AR, VR, and ZK Proof EVM blockchain technology to offer a truly integrated and interactive environment for players. GT-Protocol is a Web3 AI execution technology that provides users with access to CeFi, DeFi, and NFT crypto markets through an all-in-one conversational AI interface. Additional sponsors will be announced in the coming weeks. Stay tuned for updates. Key Dates to Remember HackaTRON S7 Submission Period: July 25 - Oct 8 Judging & Community Voting Period: Oct 24 - Oct 31 Winners Announcement: Nov 13 Demo Week: Nov 18 - Nov 22 Projects on Mainnet: Dec 3 Successful HackaTRON S7 Launch Party at Bitcoin 2024 Nashville On July 25th, The Vū Nashville, located at the iconic Movie Studio, hosted the HackaTRON Season 7 Launch Party. This event marked the commencement of HackaTRON Season 7, immersing attendees in the vibrant, cyberpunk world of TRON. The unforgettable evening featured live music, a DJ, and three hours of complimentary drinks and light bites. Guests also had the exclusive opportunity to explore the TRON merch shop. Special thanks to the HackaTRON Season 7 sponsors for making this event possible. Join Us in Shaping the Future To learn more about HackaTRON Season 7 prizes and rules and to register, please visit HackaTRON S7. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of July 2024, it has over 244 million total user accounts on the blockchain, more than 8 billion total transactions, and over $20 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Yeweon Park press@tron.network Contact Details Yeweon Park press@tron.network Company Website https://trondao.org/

July 30, 2024 12:56 AM Eastern Daylight Time

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News Release

Folio3 Launches Cutting-Edge Magento Development Services to Revolutionize E-Commerce Experiences

Rev Up Marketers

Folio3, a leading Magento store development company, is pleased to announce the launch of its advanced Magento development services. This initiative aims to transform e-commerce experiences through innovative solutions and industry-leading practices. With an established reputation in the field, Folio3 continues to push the boundaries of e-commerce technology. As a prominent Magento development company specializing, Folio3 has garnered extensive expertise and success in the e-commerce sector. The new Magento development services represent a strategic expansion of Folio3’s offerings, tailored to meet the evolving needs of businesses operating within the Magento ecosystem. These services are designed to enhance the functionality, performance, and user experience of Magento-powered online stores. The Magento platform is renowned for its flexibility, scalability, and robust features, making it a preferred choice for businesses seeking a comprehensive e-commerce solution. Folio3’s Magento development services leverage the full potential of this platform to deliver customized solutions that address the unique requirements of each client. The service suite includes everything from Magento store setup and configuration to advanced customization and integration with third-party systems. With a focus on delivering high-quality results, Folio3 employs a team of experienced Magento developers who possess a deep understanding of the platform’s architecture and capabilities. This expertise enables the development of bespoke solutions that not only meet but exceed client expectations. The services provided encompass various aspects of Magento development, including but not limited to, theme development, module customization, and performance optimization. The launch of these services is timely, as businesses increasingly seek to enhance their online presence and competitiveness in the digital marketplace. By integrating advanced technologies and best practices, Folio3 aims to support businesses in achieving their e-commerce goals. The company’s commitment to innovation and excellence is reflected in the meticulous approach taken towards each project, ensuring that solutions are not only effective but also future-proof. The new Magento development services are designed to cater to a diverse range of industries and business sizes, from small startups to large enterprises. This versatility underscores Folio3’s dedication to providing scalable solutions that grow with the business. Clients can expect a collaborative approach, where their specific needs and objectives drive the development process. In addition to its core Magento development offerings, Folio3 continues to maintain its position as a leading development company specializing in BigCommerce, Shopify, WooCommerce, Shopware, and Salesforce eCommerce platforms. This dual expertise allows Folio3 to offer comprehensive e-commerce solutions that cover a wide spectrum of platforms and technologies. The integration of Magento development services into the company’s portfolio further enhances its ability to serve a broader client base and address varied e-commerce requirements. The introduction of these services reflects Folio3’s ongoing commitment to advancing the field of e-commerce development. By staying at the forefront of technological advancements and industry trends, the company ensures that its clients benefit from the latest innovations and strategies. The focus on delivering high quality, customized solutions aligns with Folio3’s mission to provide exceptional value and support to businesses in their e-commerce endeavors. For more information about Folio3’s Magento development offerings and how they can benefit your business, please visit Folio3’s Magento Development Services. About Folio3: Folio3 is a prominent Magento development company known for its expertise in e-commerce solutions. With a commitment to innovation and excellence, Folio3 delivers customized development services that empower businesses to achieve their digital goals. The company’s team of experienced developers and industry specialists works collaboratively with clients to create effective, scalable solutions that enhance their online presence and drive growth. Contact Details Folio3 Mike Hassy ecommerce@folio3.com Company Website https://ecommerce.folio3.com/

July 29, 2024 12:54 PM Eastern Daylight Time

MIRA Pharmaceuticals (NASDAQ: MIRA) Reports Promising Pre-Clinical Trial Results For Mental Health Treatment, To Submit Investigational New Drug Application By End Of Year

MIRA Pharmaceuticals, Inc.

By Meg Flippin, Benzinga From cognitive impairments to depression-related illnesses, the current treatments aren’t doing enough. Sure, some may bring relief to the millions of people worldwide affected by neurological and neuropsychiatric disorders, but they come with a lot of side effects and accessibility challenges that can render them less than ideal. That leaves a gap in effective, safe and affordable solutions. MIRA Pharmaceuticals (NASDAQ: MIRA) may have the answer. This preclinical-stage pharmaceutical company is focused on transforming the treatment of mental health disorders through scientific research and technological advancements. It's betting that its two compounds, MIRA-55 and Ketamir-2, will revolutionize mental health care. Take MIRA-55 for starters. The novel compound aims to deliver the therapeutic benefits of THC and CBD without their associated side effects, such as increased appetite, paranoia and cognitive decline. It’s currently under investigation for treating neuropathic pain, anxiety and cognitive enhancements without the impurities of marijuana. In preclinical studies, MIRA-55 has shown the ability to double the memory of mice, in contrast to THC, which is known to impair memory, reports MIRA. MIRA-55 could be particularly beneficial for patients seeking cognitive enhancements and anxiety relief without the downside of impaired memory or other side effects. Meanwhile, Ketamir-2, an oral ketamine analog designed to be taken as a pill, is being investigated for its potential antidepressant effects, particularly for treatment-resistant depression (TRD) and major depressive disorder with suicidal ideation. Unlike traditional ketamine, which requires intravenous administration – posing accessibility and safety challenges – Ketamir-2 aims to simplify and improve the treatment experience. The Science Behind Ketamir-2 Recent preclinical data reveals that Ketamir-2 selectively inhibits the NMDA receptor at the PCP-binding site, avoiding interactions with opioid receptors, dopamine, serotonin transporters, and acetylcholine receptors. This unique selectivity may reduce side effects typically associated with traditional ketamine. Ketamir-2 has a 30- to 50-fold lower affinity to the PCP site compared to ketamine, which itself has about 10-fold lower affinity than PCP (Phencyclidine, Angel Dust). This is significant because ketamine was developed to be similar to PCP but with lower affinity, thereby reducing the risk of psychoactive side effects. In this respect, advocates consider Ketamir-2 a third-generation drug. Moreover, Ketamir-2 is optimized for brain delivery. It is not a substrate for P-glycoprotein (P-gp), a membrane protein that pumps drugs out of cells, including those in the brain. This characteristic could allow Ketamir-2 to have better oral absorption and penetrate the blood-brain barrier more effectively than traditional ketamine, enhancing its therapeutic potential and bioavailability. Ketamir-2's oral bioavailability is predicted to be around 80%, which is significantly higher than traditional ketamine's 30%. Preclinical studies have shown that oral Ketamir-2 is safe at high doses and effective in several antidepressant and anxiolytic models. It does not appear to induce hyper-locomotor activity – a common side effect of traditional ketamine – and has shown no interaction with the mu-opioid receptor. MIRA says this could potentially mean a reduced risk of opioid-related side effects and dependency. Recent studies further highlight Ketamir-2's anti-depressive and anxiolytic effects in a mouse model, with significant improvements in behavioral tests compared to traditional ketamine. A Step Toward Improved Patient Care If MIRA is right about Ketamir-2, it has the potential to significantly positively impact mental health care, potentially helping millions of people through improved access and affordability. Traditional ketamine treatment for depression requires a Risk Evaluation and Mitigation Strategy (REMS) protocol due to its potential for abuse and severe side effects. This involves strict regulations, including the need for intravenous administration under medical supervision, making it less accessible and more costly for patients. In contrast, Ketamir-2, as an oral formulation, aims to provide a more convenient and less intimidating treatment option, with the ease of taking a pill at home potentially leading to better adherence to treatment regimens compared to frequent hospital visits for IV infusions. By reducing the need for medical supervision and hospital visits, Ketamir-2 could enhance patient compliance and decrease overall treatment costs. Furthermore, MIRA reports that the U.S. Drug Enforcement Administration (DEA) has conducted a scientific review of both MIRA-55 and Ketamir-2 and determined that neither compound is classified as a controlled substance – significantly easing their regulatory pathway. Exploring New Frontiers: Orphan Drug Indications MIRA's journey doesn't stop at common mental health disorders. The company is exploring Ketamir-2's potential efficacy in treating chemotherapy-induced depression and cancer-related neuropathic pain. These conditions often have limited treatment options and significant patient populations in need of effective therapies. Moreover, due to its novel chemical profile, MIRA is investigating options for orphan drug indications such as multiple sclerosis-induced depression and Huntington's disease-induced depression. The company believes these rare conditions could benefit from innovative treatments like Ketamir-2. Market Potential And Patient Population The market potential for MIRA Pharmaceuticals' compounds is substantial. Cognitive impairments, including conditions like Alzheimer's disease and dementia, affect millions of individuals. Close to seven million Americans are currently living with Alzheimer's, a number expected to rise to nearly 13 million by 2050, according to the Alzheimer’s Association. Meanwhile, anxiety disorders affect over 40 million adults in the United States, according to the National Alliance on Mental Illness. For depression, particularly treatment-resistant depression, the numbers are equally staggering. Approximately 17.6 million Americans are diagnosed with major depressive disorder, with 5.5 million reporting suicidal ideation and about 2 million having suicidal ideation with intent. The annual burden of medication-treated major depressive disorder in the United States is estimated at $92.7 billion, with $43.8 billion attributable to treatment-resistant depression. Looking Ahead: The Path To Regulatory Approval MIRA Pharmaceuticals reports that it is on track to submit an Investigational New Drug (IND) application to the U.S. Food and Drug Administration (FDA) by the end of this year. If granted, this would pave the way for human clinical trials, bringing Ketamir-2 closer to becoming a new standard of care for neurological and neuropsychiatric disorders. The company's commitment to advancing these compounds underscores its mission to address the unmet needs of patients suffering from debilitating conditions like depression, TRD and PTSD. For more information about MIRA Pharmaceuticals and its novel compounds, visit MIRA Pharmaceuticals. Featured photo by Yuris Alhumaydy on Unsplash. MIRA Pharmaceuticals, Inc., is a pre-clinical-stage pharmaceutical development company with two neuroscience programs targeting a broad range of neurologic and neuropsychiatric disorders. We hold exclusive license rights in the U.S., Canada and Mexico for Ketamir-2, a novel, patent pending oral ketamine analog under pre-clinical investigation to potentially deliver ultra-rapid antidepressant effects, providing hope for individuals battling treatment-resistant depression (“TRD”), major depressive disorder with suicidal ideation (MDSI), and potentially post-traumatic stress disorder (“PTSD”). The statements of the Company's management related thereto contains "forward-looking statements," which are statements other than historical facts made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may be identified by words such as "aims," "anticipates," "believes," "could," "estimates," "expects," "forecasts," "goal," "intends," "may," "plans," "possible," "potential," "seeks," "will," and variations of these words or similar expressions that are intended to identify forward-looking statements. Any statements that are not historical facts may be deemed forward-looking. These forward-looking statements include, without limitation, statements regarding the anticipated benefits of the study results described herein as well as the timing for the Company's other preclinical studies and the filing of an IND for Ketamir-2 and MIRA-55. Any forward-looking statements are based on the Company's current expectations, estimates and projections only as of the date of this release and are subject to a number of risks and uncertainties (many of which are beyond the Company's control) that could cause actual results to differ materially and adversely from those set forth in or implied by such forward-looking statements. These and other risks concerning the Company's programs and operations are described in additional detail in Annual Report on Form 10-K for the year ended December 31, 2023 and other SEC filings, which are on file with the SEC at www.sec.gov and the Company's website at https://www.mirapharmaceuticals.com/investors/sec-filings. The Company explicitly disclaims any obligation to update any forward-looking statements except to the extent required by law. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Michelle Yanez Myanez@mirapharma.com Company Website http://www.mirapharmaceuticals.com/

July 29, 2024 11:30 AM Eastern Daylight Time

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News Release

BrandPilot AI Launches Spectrum IQ to Revolutionize Influencer Marketing and Prepares for US Listing

BrandPilot AI Inc

BrandPilot AI CEO Brandon Mina joined Steve Darling from Proactive to announce the launch of Spectrum IQ, an innovative web application designed to streamline the influencer marketing process for brands of all sizes. Spectrum IQ is a comprehensive platform that allows clients to search, analyze, and execute influencer marketing campaigns efficiently. It is a powerful tool that leverages AI technology to help brands identify the right influencers for their campaigns and track the results in real-time. Mina explained that the new platform enables brands to search for influencers based on various criteria, including demographics, interests, and engagement rates. Users can access detailed influencer profiles that offer performance data and audience insights, facilitating the management of influencer campaigns from start to finish. This includes sending briefs, tracking progress, and measuring results, making it easier for brands to optimize their marketing strategies. In addition to the launch of Spectrum IQ, BrandPilot AI has also announced that it has begun the initial filing of documentation for listing on the OTC Markets in the United States. The company anticipates that the listing process will be completed within the next 4-6 weeks. Once the listing is finalized, BrandPilot AI will commence its operations in the US under the symbol BPAIF on the OTC. This dual announcement marks a significant milestone for BrandPilot AI as it expands its presence in the influencer marketing industry and prepares to enter the US market. The launch of Spectrum IQ, combined with the upcoming OTC listing, positions the company for growth and increased visibility in the rapidly evolving digital marketing landscape. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com

July 29, 2024 11:21 AM Eastern Daylight Time

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News Release

Pathfinder Minerals becomes Rome Resources with Merger and New Exploration Plans in the DRC

Rome Resources Ltd

Paul Barrett, the newly appointed CEO of Rome Resources and formerly the Executive Director of Pathfinder Minerals, spoke with Steve Darling from Proactive about Pathfinder Minerals' recent strategic moves. Previously operating as a cash shell company, Pathfinder Minerals disposed of its asset in Mozambique and has been actively searching for a new venture. The company has now merged with Rome Resources, which owns a high-grade tin project located in the Democratic Republic of Congo (DRC). Barrett revealed that the merged entity will operate under the name Rome Resources and is scheduled to be listed on AIM with the ticker RMR on Friday, July 26th. The new entity is raising £4 million in conjunction with the merger and plans to commence drilling activities within a week. The Bisie North Tin Project, managed by a team of experienced geologists, will explore two tin anomalies, including a significant polymetallic anomaly containing copper and tin. Initial drilling has returned promising grades, prompting the team to plan an extensive drill program covering approximately 3,000 meters. This program aims to establish a resource estimate by early 2025. The nearby Alpha mining tin mine, known as the highest-grade tin mine globally, enhances the potential of this project. The company anticipates generating substantial news flow in the coming months as the drilling progresses. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com

July 29, 2024 11:16 AM Eastern Daylight Time

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Doubleview Gold Corp Resumes Drilling at Hat Project in Northern British Columbia

Doubleview Gold Corp

Doubleview Gold Corp CEO Farshad Shirvani joined Steve Darling from Proactive to share news the company has esumed its drilling program at the Hat Project in Northern British Columbia. The company had previously paused operations due to a shortage of workers. The current drilling efforts are based on a robust database of technical and statistical models, which were integral to the preparation of the company's first Mineral Resource Estimate (MRE) announced last week. Shirvani shared that the new program aims to improve grade and further explore mineralization trends identified through statistical and geological models and interpretations. This includes conducting in-fill drilling in areas where existing drill holes are sparse or overly widespread to better define the mineral deposit's envelope. Additionally, the company is targeting areas of shallower mineralization to enhance both grade and tonnage, preparing for a future "Version 2" MRE. These efforts are also intended to strengthen the company's comprehensive database, guiding future exploration and resource estimates. Contact Details Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

July 29, 2024 11:13 AM Eastern Daylight Time

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Davis Davis & Harmon Partners With Alteryx to Transform Sales Tax Consulting Practice

Davis Davis & Harmon

Demonstrating its commitment to technological leadership in the sales tax consulting sector, Davis Davis & Harmon LLC (DDH), the nation's largest woman- and minority-owned firm, today announced its strategic adoption of Alteryx, a leading enterprise analytics platform. The adoption of Alteryx enhances DDH's robust data analytics capabilities and reinforces its position as an innovative service provider that leverages technology to address the dynamic needs of its clientele. The platform’s comprehensive data preparation and analytics tools establish repeatable workflows, freeing up DDH experts to focus on their value-added, sophisticated insights. “Our clients rely on DDH to navigate their most challenging sales tax issues,” said Chanel Christoff Davis, Davis Davis and Harmon CEO and founder. “DDH will fully integrate Alteryx into its operations by the end of the year, and anticipate that it will significantly enhance our in-depth analysis and strategic advising, catalyzing our growth and delivering bottom-line results for clients.” The combination of DDH's specialized expertise and Alteryx’s technological proficiency in managing high-volume, sophisticated data challenges positions DDH and its clients ahead of the digital transformation curve. “By deploying Alteryx for tax automation and analytics, DDH is, once again, blazing new ground for the benefit of its clients and team members,” said Mike Tagtow, Sales Director at Alteryx partner, Capitalize Analytics. DDH’s subject matter experts handle intricate transactions for Fortune 100 clients, who typically present much larger and more complex data sets. For example, DDH client Baker Hughes, one of the world’s largest energy companies, has fully transitioned to the new system. With Alteryx, DDH streamlined tax processing, identified potential tax savings and provided them with more accurate and timely tax advice. “We fearlessly embrace technological advancements,” says Deon Harmon, Davis Davis and Harmon's Chief Growth Officer. “Just as we blaze trails for minority and women-owned businesses, we are harnessing the power of technology to transform the sales tax advisory industry.” About Davis Davis & Harmon LLC - Sales Tax Experts Davis Davis & Harmon LLC (DDH), established in 2001 by rising entrepreneur Chanel Christoff Davis, is the largest woman- and minority-owned sales tax firm in the United States. Based in Dallas, the company guides businesses through the complexities of sales and use tax laws and regulations. Its team fosters an environment of compliance, education, and risk mitigation and delivers measurable bottom-line results to clients. To learn more about DDH, visit http://www.ddhtax.com. About Alteryx Alteryx (NYSE: AYX) powers analytics for all by providing our leading Analytics Automation Platform. Alteryx delivers easy end-to-end automation of data engineering, analytics, reporting, machine learning, and data science processes. It enables enterprises everywhere to democratize data analytics across their organizations for a broad range of use cases. More than 8,000 customers globally rely on Alteryx to deliver high-impact business outcomes. To learn more, visit http://www.alteryx.com. Alteryx is a registered trademark of Alteryx, Inc. All other product and brand names may be trademarks or registered trademarks of their respective owners. Contact Details Davis Davis & Harmon Chanel Christoff Davis +1 972-488-5000 chanel@ddhtax.com Center Reach Communications Alexandra Campbell alexandra@centerreachcommunication.com Company Website http://www.ddhtax.com/

July 29, 2024 09:00 AM Eastern Daylight Time

Copper Prices Cross $10,000 Per Ton In Q2 – Is Copper Entering A New Supercycle?

Benzinga

By Kyle Anthony, Benzinga Copper’s exceptional electrical conductivity and contribution to energy efficiency make it a critical resource. As global economies accelerate their clean energy activities, the importance of copper has become even more apparent against a backdrop of supply chains restricted by geopolitical events, with no viable substitutes that can fully replace the metal’s capabilities. For investors, this presents an opportunity to gain exposure to a critical resource that could be poised to continue rising in economic significance over time. Copper Is Unique As the quintessential metal for electrical conductivity, copper is used in every electrical grid, power source and electronic product. As a major shift to clean energy is underway globally, copper is used in substantive quantities for the technology behind wind, solar, geothermal and nuclear energy, and demand is increasing. Furthermore, its broad market demand and versatility in use across many industries have historically positioned its price as a gauge of the global economy. Copper’s role as an economic bellwether is well-established, with its price historically rising as business conditions improve. Though the current interest rate environment is above the historical average, past trends suggest that rate reductions in a non-recessionary environment often lead to higher commodity prices, with copper being the commodity that has benefited the most in such scenarios – adding to its potential as an investment opportunity. Current Market Trends Driving Copper Prices Upwards Recently, copper prices passed the $10,000 per ton mark, propelled by projections of tightening global supplies and heightened demand from the electric vehicle and power sectors, which offset weakening demand from China. Reported economic insight from Sprott suggests copper may be entering a supercycle, which is defined as a sustained period of expansion, usually driven by robust growth in demand for products and services. Economic supercycles tend to produce strong, sustained demand for raw and manufactured materials, such as metals and plastic, that exceeds what commodity producers can supply. Supercycles, which are also good for stock prices, are often associated with long-term periods of growth for the commodity markets. Copper is a predominantly long-cycle commodity - the process from discovery to production is lengthy, averaging 16.5 years. This long lead time for the majority of copper supply, combined with the mining sector’s resistance toward new project capital expenditures, leaves the copper market in a precarious position regarding securing the necessary supply to meet expected future demand. Simply put, with demand for copper growing, there could be significant price appreciation if producers are unable to provide sufficient supply in the medium to long term. The miners of copper could also see long-term growth potential. Gaining Exposure To Copper Both the Sprott Copper Miners ETF (NASDAQ: COPP) and Sprott Junior Copper Miners ETF (NASDAQ: COPJ) provide pure-play exposure to a broad range of copper miners positioned to capitalize on the increased demand for copper and its usage in electrification. Though both funds focus on the growth potential of copper miners, COPP provides comprehensive exposure to mining companies across the large, mid- and small-capitalization spectrum. In contrast, COPJ predominantly focuses on small copper miners, with the potential for significant revenue and asset growth. Copper is a critical material in meeting global energy requirements and building clean energy infrastructure, and it and its miners may offer long-term investment potential. Earlier this month, Sprott also launched an at-the-market equity program to issue up to an additional $500 million of trust units via its Sprott Physical Copper Trust (TSX: COP.UN), which CEO John Ciampaglia says is the world’s first physical copper investment vehicle. The Sprott Physical Copper Trust is a closed-ended trust created in June 2024 to invest and hold all of its assets in physical copper metal. Featured photo by Ra Dragon on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. 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

July 29, 2024 09:00 AM Eastern Daylight Time

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EcoAI Coin: A Sustainable Coin For Planet Earth

Benzinga

By Austin DeNoce, Benzinga EcoAI Coin is a cryptocurrency project designed to merge digital currency and environmental sustainability. At its core, EcoAI Coin utilizes blockchain technology and artificial intelligence to foster eco-friendly practices within the crypto community. The primary mission of EcoAI Coin is threefold: to elevate environmental awareness in the cryptocurrency space, to create incentives for sustainable actions by rewarding individuals and organizations for adopting green practices and to foster accountability by implementing transparent reporting of energy consumption and environmental impact. By integrating these principles, EcoAI Coin aims to make sustainability a fundamental part of the digital currency ecosystem, which has been criticized for its heavy energy consumption. EcoAI Coin Ecosystem The EcoAI Coin ecosystem is built on the Ethereum blockchain – leveraging its secure, well-established platform to create a sustainable cryptocurrency ecosystem. Key partners like Cointelegraph, DailyCoin and CryptoNews are already supporting the project, underscoring its credibility and growing impact. The ecosystem features smart contracts that automate operations like token distribution, incentive mechanisms and governance and transactions within the eco-friendly marketplace. These self-executing contracts ensure transparency, security and adherence to predefined rules. A standout feature of the EcoAI Coin ecosystem is the Proof of Environmental Work mechanism. This model rewards participants for verifiable eco-friendly actions, such as reducing carbon emissions or utilizing renewable energy sources. By aligning the mining process with environmental sustainability, EcoAI Coin incentivizes greener practices across the crypto community. Artificial intelligence also plays a critical role – monitoring, verifying and reporting on the environmental impact of operations and participants' actions. AI algorithms analyze data to ensure accurate reward distribution based on sustainable practices, enhancing the efficiency and integrity of the incentive system. EcoAI Coin Roadmap EcoAI Coin has a detailed roadmap outlining its development and implementation strategy. The roadmap kicked off with the EcoAI Coin presale in Q1 2024, followed by the launch of the website, social media platforms and marketing efforts in Q2. In Q3, the company plans to establish partnerships and collaborations with environmental organizations and like-minded projects while developing incentive programs. The roadmap continues with the ICO launch and ecosystem expansion, including an airdrop to early adopters and carbon credit integration. Future plans involve expanding and scaling the ecosystem, enhancing its utility and extending its global reach. EcoAI Coin plans to introduce sustainability reports and establish more international partnerships to solidify its commitment to environmental sustainability. The upcoming EcoAI Coin wallet will provide a secure and user-friendly platform for managing digital assets that facilitates eco-conscious cryptocurrency transactions. EcoAI Coin Tokenomics EcoAI Coin's tokenomics are designed to support long-term growth and fair distribution. Here's how the tokens are allocated: Public Sale/DEX: 20% Ecosystem Reserve: 20% Community Incentive Rewards: 20% Partners & Collaborators: 10% Marketing: 10% Initial Early Investors: 10% Team: 5% Charity: 5% This strategy prioritizes public sales, ecosystem reserves and community incentives, aligning with EcoAI Coin's mission to promote environmental sustainability and encourage green practices. Additionally, allocations for partners, marketing, early investors, the team and charity help drive the project's growth and development. Pioneering A Greener Future EcoAI Coin is a pioneering project dedicated to integrating sustainability into the digital currency ecosystem. By leveraging blockchain technology and artificial intelligence, EcoAI Coin is taking a modern approach to promoting eco-friendly practices and fostering accountability within the crypto community. As the project progresses, EcoAI Coin expects to expand its reach and utility, driving global adoption and setting a new standard for sustainable cryptocurrencies that could help alter the impact on the planet for the better. Featured photo by Noah Buscher on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. 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

July 29, 2024 08:45 AM Eastern Daylight Time

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All Industries

HackaTRON Season 7 Launches With Google Cloud as Diamond Sponsor, Celebrates Successful Kickoff at Bitcoin Nashville

Folio3 Launches Cutting-Edge Magento Development Services to Revolutionize E-Commerce Experiences

MIRA Pharmaceuticals (NASDAQ: MIRA) Reports Promising Pre-Clinical Trial Results For Mental Health Treatment, To Submit Investigational New Drug Application By End Of Year

BrandPilot AI Launches Spectrum IQ to Revolutionize Influencer Marketing and Prepares for US Listing

Pathfinder Minerals becomes Rome Resources with Merger and New Exploration Plans in the DRC

Doubleview Gold Corp Resumes Drilling at Hat Project in Northern British Columbia

Davis Davis & Harmon Partners With Alteryx to Transform Sales Tax Consulting Practice

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