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usa mega million xtreme Dubai, UAE, 27th February, 2023, ChainwireAlpha Blue Ocean (ABO), based in the Bahamas and Dubai has announced the launch of a new private investment firm, ABO Digital, that will provide alternative financing solutions to early-stage and high-growth companies in the digital asset space.Leveraging ABOs experience as a structured Private Investments in Public Equity (PIPE) investor with more than US billion in executed financing commitments globally over the last five years, the new ABO Digital will bring institutional-grade expertise to the digital asset and blockchain industry.ABO Digital will provide innovative and flexible funding solutions that will give blockchain projects access to more options for raising capital. This new form of financing addresses a need in the cryptocurrency market, especially given the current market conditions.Amine Nedjai, CEO at ABO Digital, said: This is an important time for the digital asset space. Were in the midst of a bear market but there continues to be solid development by innovative protocols. A lot of large investors, such as venture capitalists, will have suffered losses from the recent crypto credit contagion. This reduces the pool of available growth capital for cryptocurrency projects that ABO Digital will help fill. We see an interesting development in gaming as projects are working on more sustainable tokenomics, which can help drive adoption as well as the practical use of non-fungible tokens. We expect DeFi to continue capturing attention in this space, proving its robustness through the current crisis whilst continuing to innovate and find pragmatic solutions such as access to liquidity for stakers of ETH. This difficult market situation, coupled with our positive outlook, makes it the perfect time to launch ABO Digital, enabling entities in this exciting space to source the funds they need to build.The timely launch of ABO Digital aligns with expectations for the digital asset space to come out of this crisis stronger in the next cycle. With a few major players that have dominated the investment space over the last few years, ABO Digital brings a fresh experience and an alternative way for projects to fund their development and expansion.To find out more about ABO Digital, visit www.abodigital.ioAbout ABOAlpha Blue Ocean (ABO) is a sector-agnostic alternative investment firm operating across the world with headquarters in Bahamas.. ABO provides innovative financing solutions for publicly listed SMEs. To achieve our mission statement, we span all asset classes in order to provide structured investments partnerships that are both flexible and pragmatic.About ABO DigitalABO Digital is a private investment company providing alternative financing solutions to cryptocurrency projects around the world. As part of the Alpha Blue Ocean group, which has executed more than bn in financing commitments for publicly listed companies across the globe since its inception in 2017, ABO Digital brings a breadth of experience in capital markets to provide institutional-grade expertise in providing innovative and flexible financing solutions to help blockchain developers build and grow their protocols.ContactHead Of PR,Yousef Batter,White Label Strategy,[email protected],+971559356531
- usa mega million xtreme Metaverse use cases have to be commercialized soonerWith the market getting tougher, technology companies are pulling backMetaverse should be about how to build a safer automobile and test it with less physical waste, cost, and timeDaniel Newman of Futurum Research discusses how we will be able to use the metaverse in the healthcare, automobile, and other industries on Squawk Box, CNBC.Metaverse is getting on a consumer levelMetaverse companies flocked to CES (Consumer Electronics Show) 2023, which shows the metaverse is getting on the consumer level. Use cases have to be commercialized sooner.With the market getting tougher, technology companies are pulling back, says Newman. Theyre looking to invest in RD, in technologies that people can commercialize and monetize.Meta was too ambitiousHe gave Meta as an example of a company that was too ambitious about what the future of the metaverse might look like. There was an excessive focus on consumer applications, wearing the big headsets, the virtual universehow much of the market is going to get into that right away?Building worlds in the futureAfter expressing this doubt, Daniel Newman talked about what Nvidia is doing using generative AI to actually build worlds in the future, where you can see what a building will look like in a space or design the inside of an office, or what Microsoft is doing with Teams to create a more collaborative meeting experience. He said:When we go back to real world meetings, we see that connections and relationships are different than what we did on Zoom, so maybe the metaverse can bring us there.A wasted opportunity?The host asked if this was becoming an entirely wasted opportunity. He asked Newman:I dont see applications for education, healthcare, for housing (that you touched upon). Dont these developers have to move beyond gaming?Newman responded:The real applications of this are going to be manufacturing, planning, engineering. Its going to be in health care, in exploring car tech and creating safer settings in public. Its not about the big headsets and wearables; thats only part of it. Its about how to build a safer automobile and test it with less physical waste, cost, and time. The metaverse should be talking more about how to 3D print a valve, transplant it in a patients heart, and have the surgeon test it thousands of times. Of course, those commercial use cases dont usually make it in the media.