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Press Release

Introducing: $SIMP, the #1 Entertainment Token

Published

3 years ago

on

$SIMP offers a unique solution to the issues faced by creators and consumers. By using blockchain technology to power their payment processing service for content providers, $SIMP aims to restore the freedom of content platforms to excite and entertain in an online social setting without interference from traditional financial institutions.

Ending Chargebacks and Extortionate Fees

To circumvent high-percentage transaction fees charged banks and payment providers for processing adult transactions, the $SIMP Token: 

  • Creates a bridging transaction between creators and banks, preventing transactions from being labelled as “high risk,” and protecting creators from the exorbitant fee structures that come with such designations.
  • Offers consumers the ability to protect their identity when purchasing content online and secure their right to privacy. Once the tokens are moved from an exchange to a DeFi wallet, they cease to be attached anything bearing the $SIMP holder’s personal information.
  • Eliminates the potential for “friendly frauds,” chargebacks, and illegitimate refunds by denying any third party the ability to move tokens between any two users without their owner digitally signing off on the transaction at the time it occurs.
  • Removes the ability of malicious third-parties to execute the theft of financial information through the use of legitimate-looking payment forms on deceptive websites designed to capture and fraudulently use credit card information.

The Core Team

The $SIMP team boasts a roster of highly dedicated, capable and skilled professionals who have publicly stated in the project’s whitepaper their plans for $SIMP to reach a minimum market capitalization target value of $150m, and expressed optimism about the token reaching significantly higher values in 2022 and beyond.

As of this writing, the team consists of:

CEO Ben Sansom: Ben has worked with some of the biggest names in corporate, sports, and entertainment over the course of his 8 year marketing career, with his primary focus being the setup and explosive growth of start-up projects.

COO James Hague: James is a qualified accountant with experience in numerous industries including commodities, gaming, and high-end sports cars. James brings with him the strong network he’s developed throughout his career, including through his work with some of the highest-performing McKinsey consultants in the Transformational sector.

Lead Developer Thomas Sileghem: Thomas has 7 years of experience in Web & Software Development apart from being involved in blockchain development for over 6 years, Thomas was responsible for building PocketStars & RocketStars and led the integration of $SIMP onto both the platforms.

Angel Investor: $SIMP’s anonymous investor has built and scaled businesses that are collectively worth billions of dollars. Having been a key component in multiple Silicon Valley startups, this investor offers highly valuable consultation to the team, and continues to leverage their extensive network within the tech, finance and crypto sectors to support the continued expansion of $SIMP.

$SIMP’s Rapidly-Developing Network

Having been integrated as a payment method on two content platforms, PocketStars and RocketStars, since its’ October launch, $SIMP has demonstrated its’ viability both as a stable payment processing tool and as a sustainable crypto token in a notably volatile market. This network of partnerships continues to grow with the recent announcement that popular retailer Phreak will also begin accepting the token as payment on their website. 

Additional partnerships include the digital business card provider Slink and xxxNifty, which controls a large NFT marketplace.

These brands offered some remarks on their partnerships with $SIMP:

SLINK – Your Digital Business Card

“Many PocketStars content creators were already using the Slink Platform, so it only seemed like a natural progression to build and develop our partnership with $SIMP. For the future, deeper integrations between ourselves will see $SIMP being pushed to our mainstream users as a simple and reliable payment service.”

PHREAK – Adult Fantasy Toys

“We are delighted to be partnering with $SIMP, bringing more pleasure to a wider Phreak community. We’ve worked with PocketStars creators several times before, so it was important for us to support and help them with the amazing work they’re doing, but also important to know how these guys see the world and how much they care about providing quality products and services.”

In late November, $SIMP began trading on BitMart, a Top-40 centralized crypto exchange by volume, and the development team announced yesterday that the token will also be listed on LBank, a truly trusted CEX.

Content creators have expressed a dire need for a secure, anonymous payment method that will allow them to earn a living on fair terms and protect consumers’ right to privacy; $SIMP is uniquely positioned to offer solutions to problems within the industry that have been, until now, unavoidable.

Magnetizing Talent

In addition to the many brand relationships the $SIMP team is cultivating, they have found themselves receiving numerous correspondences from $SIMP holders with great interest in joining the team on their mission.

In the last month, two new recruits have joined the team full-time: 

Head of Talent, Poppy Evans: With a following of over 100,000 generated over just two years in the adult industry, Poppy has developed a strong passion for the income security of fellow creators. Her perspective allows the team to examine its’ development course from a creator’s perspective and ensure that the team’s actions are perpetually in line with its’ stated mission and values.

Director of Content, Matthew Killinger: In addition to his writing talent, Matthew brings with him the flexible planning and organizational abilities developed over the course of his building management career, and consistently enables the simultaneous execution of multiple projects with efficacy.

Powering the Payment Processing Solution

The $SIMP team is constantly evaluating means to improve their already-functional payment processing system, and have embarked on a campaign to optimize it for ease-of-use, convenience, and efficiency as they pursue mass adoption across their host platforms.

The most imminent upgrades, announced in the company’s recently-released Whitepaper 2.0, will bring: 

  • The addition of an on-ramp, allowing credit cards to be used on platform for fiat-to-crypto transactions without the need for a crypto exchange 
  • A $SIMP/USD toggle, allowing creators and retailers to split their earnings between USD and $SIMP at a percentage of their choosing 
  • UI improvements, and several new interfaces designed to make every interaction with $SIMP as simple and intuitive as possible.

NFTs and expansion into the Metaverse

In addition to building a cryptocurrency token, $SIMP has announced the development of an NFT marketplace, where they intend to collaborate with PocketStars creators to mint NFTs tied to real-life content creators and underpinned by collectability, customization mechanics, and gamification to offer a truly unique product in an emerging market.

The optimized payment processing solution will be the bedrock that $SIMP’s adult Metaverse is built upon. Once established, the world will include NFT marketplaces, merchandise stores, and social hangouts such as the $SIMP Lounge. 

Upon the injection of their core community and 16,000+ content creators, it will become a living, breathing world; the $SIMP Metaverse, first of its’ kind.

The Whitepaper

In keeping with their dedication to transparency, the $SIMP team has published one of the most well-written, cohesive, and in-depth whitepapers seen in the market to date. If you would like further details on the project, they can be found within this 37-page document at https://letsallsimp.com/SIMP_Whitepaper.pdf.

Conclusion

Content creators have expressed a dire need for a secure, anonymous payment method that will allow them to earn a living on fair terms and protect consumers’ right to privacy; $SIMP is uniquely positioned to offer solutions to problems within the industry that have been, until now, unavoidable.

Important Links:

Website: www.letsallsimp.com
Telegram : https://t.me/letsallsimp
Twitter: @letsallsimp
Instagram: @letsallsimp
Email : Info@letsallsimp.com

PR Contact –Dave Ruiz
Dave@CryptoKidFinance.com
https://telegram.me/cryptokidfinance

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Press Release

Shemaroo, One of India’s Leading Media Corporates, Partners with PWR Chain to Pioneer the Next-Level Metaverse Experience for Their 200M-Strong Audience

Published

13 hours ago

on

November 22, 2024

By

  • ShemarooVerse, exclusively launching on PWR Chain, merges Shemaroo Entertainment’s extensive content library with advanced blockchain technology. 

Shemaroo Entertainment, a leader in India’s media and entertainment industry for over six decades, has announced a strategic partnership with PWR Chain, an advanced Layer 0 blockchain infrastructure. Through this alliance, PWR Chain becomes the official blockchain partner for ShemarooVerse, Shemaroo Entertainment’s immersive platform set to deliver next-generation immersive content. This partnership is a landmark step in India’s entertainment and technology landscape, combining Shemaroo Entertainment’s vast content offerings with PWR Chain’s scalable and environmentally efficient blockchain capabilities.

With an expansive digital footprint across more than 50 content channels on YouTube, Shemaroo Entertainment commands over 200 million subscribers and garners 100 million views daily across diverse categories, including Bollywood, regional, television, devotional, and children’s entertainment. ShemarooVerse will leverage PWR Chain’s high-speed, decentralized infrastructure to create an immersive, interactive digital experience for audiences in India and beyond.

PWR Chain’s blockchain technology is among the most sustainable, operating with a minimal carbon footprint. Unlike conventional blockchains that require high energy resources, PWR Chain achieves high throughput with minimal power, processing over 300,000 transactions per second while using only a single CPU core per validator node. This efficiency allows ShemarooVerse to scale seamlessly without environmental impact, setting a new standard in green blockchain technology for the entertainment industry.

As Shemaroo Entertainment transitions its expansive IP portfolio onto the blockchain, PWR Chain’s infrastructure offers creators unique opportunities to monetize their content through tokenization and digital collectibles, a pivotal innovation in India’s content landscape. 

The advanced interoperability and scalability of PWR Chain enables ShemarooVerse  to leverage PWR Chain’s developer-friendly design, the first blockchain that allows deploying full software applications in traditional coding languages. By leveraging PWR Chain’s instant finality and quantum-resistant security, ShemarooVerse offers users a secure, dynamic, and immersive digital space for authentic engagement with Shemaroo Entertainment’s iconic content.

Arghya Chakravarty, COO of Shemaroo Entertainment Ltd., said, “Partnering with PWR Chain marks a transformative leap in digital engagement for Shemaroo Entertainment. ShemarooVerse will benefit from the speed, scalability, and sustainability of PWR Chain’s blockchain infrastructure, offering audiences a more immersive, secure entertainment experience. We are thrilled to bring ShemarooVerse to life in a way that resonates with the evolving preferences of digital consumers.”

Melanie Mohr, CEO at PWR Labs, added, “Shemaroo Entertainment’s leadership in Indian entertainment provides an ideal platform to demonstrate PWR Chain’s high-performance, eco-friendly blockchain technology. This partnership not only underscores the potential of blockchain for enhancing digital experiences but also positions PWR Chain to drive growth and create engaging opportunities within India’s entertainment industry.”

This partnership highlights Shemaroo’s commitment to digital innovation and sets a precedent for India’s entertainment industry by bridging traditional media with Web3. By exclusively hosting ShemarooVerse on PWR Chain, Shemaroo Entertainment and PWR Chain are set to reshape India’s digital landscape, offering creators and fans new, dynamic ways to engage with content. 

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Press Release

The Key to Mass Adoption: QuantumFusion’s Developer-Friendly SDK

Published

15 hours ago

on

November 22, 2024

By

  • Why dApps Haven’t Reached the Mainstream

Blockchain technology has long promised to revolutionize our digital interactions, yet widespread adoption remains slow. Other than the battle for regulatory clarity necessary for institutional capital to flow into DeFi and other utility sectors, there are three key fundamentals we believe are currently inadequate for mass adoption:

  1. Speed
  2. Cost
  3. Reliability

Ethereum has the largest DeFi market cap by a significant margin; according to DeFiLlama, over 60% of the total value locked in DeFi is on Ethereum, even higher if you bundle in its Layer-2 solutions, like Arbitrum and Optimism. 

But nobody can reliably use Ethereum at a reasonable cost. Data from Etherscan gives an average of $23.36 per swap as of 11/18/2024, completely unfeasible for the average user. Additionally, Ethereum’s time to settle a transaction (finality) of 12-15 minutes and the very low transaction per second the network can handle (15-30 TPS) is not up to the task of mass adoption. 

We’ll give Ethereum its due; it is extremely reliable, and this is a contributing factor in its dominant position within the DeFi space. Everyone wants to build on Ethereum, but relatively few can afford to use what is being built. 

You might have heard people say, “Solana has none of the issues facing Ethereum; it’s cheaper and faster!”

And they’d be correct, but only on the speed and cost front. 

One of the critical issues facing Solana is reliability. Blockchain outages cause the near-complete shutdown of all on-chain activities. During these outages, many are left helpless, watching themselves get liquidated and unable to do anything about it. To put it simply, fast and cheap is only useful if you aren’t left with your pants down when the network crashes. 

All of this is to say the user experience for most dApps is not where it needs to be: useable but nowhere near the standard of Web2. As seen in the case of Ethereum, utility developers want to build on a chain that won’t break, has excellent performance characteristics, and, most importantly, is developer-friendly.

We don’t have to reinvent the wheel. No advancement in computing is required; we’re not talking about a theoretical, futuristic concept that will take decades to realize. 

Henry Ford didn’t invent the car, he just figured out how to make them faster and more efficiently than everyone else.

QuantumFusion is to the blockchain industry what Ford was to the auto industry.

But how?
High Transaction Throughput for a Seamless User Experience

QuantumFusion’s infrastructure revolutionizes transaction speed and cost, addressing the limitations of slower blockchains like Ethereum. Powered by the SPIN (Short-term Parallel Incremental Network agreement) consensus protocol, it achieves 0.1-second block finality, enabling real-time transactions without bottlenecks or delays–essential for applications like gaming or high-frequency trading.

Faster, cheaper transactions significantly enhance user experience, reducing frustrating wait times and making blockchain applications practical for everyday use. Scalability is central to QuantumFusion’s design, supporting high-demand, real-time applications without congestion. 

With 100-millisecond finality and targeting 10,000+ TPS, QuantumFusion enables a plethora of blockchain applications:

  • Real-time social networks with real-time posts and interactions.
  • Blockchain gaming with secure, verified assets and actions.
  • Financial applications with fast, reliable settlements comparable to centralized exchanges.
  • Collaborative tools for seamless decentralized teamwork; on-chain Google Docs.

Unlike networks that struggle under heavy loads, QuantumFusion embraces them by balancing speed, cost, and reliability, enabling a robust ecosystem for developers and users alike. 

QuantumFusion sets the stage for blockchain’s mainstream adoption.

QuantumFusion’s Native-First SDK: Simplifying Development for Mass Adoption

For blockchain to achieve mass adoption, developers need tools that are powerful, intuitive, and designed with real-world usability in mind. QuantumFusion’s native-first SDK aims to redefine how dApps are built, focusing on seamless integration and superior performance in both desktop and mobile environments—where users increasingly interact with technology.

Most crypto participants are using their mobiles; as of January 2024, 63% of visitors to Kraken’s website accessed the platform via mobile devices, while just 37% used desktop computers.

To meet market demand, it is essential to cater to mobile users. To do that, the infrastructure must build a development environment with that in mind. QuantumFusion has built its SDK utilizing light clients like Smoldot to provide mobile users with real-time, low-latency experiences.

Unlike many existing platforms that prioritize web-first development, QuantumFusion’s SDK delivers a native-first approach, enabling dApps to feel as intuitive and responsive as traditional Web2 applications. 

Additionally, through Smoldot, QuantumFusion’s SDK supports WebAssembly, enabling developers to work in their preferred programming languages–this acts as a talent multiplier; the pool of potential developers is huge. Empowering the creation of complex, scalable applications from DeFi platforms to real-time gaming is half the battle; attracting the creators is key.

The goal of the SDK is to create a future-proof environment where developers can create dApps for the end-user without being forced to optimize for desktop in a world where everyone is using mobile. Bridging the gap between user-friendly tools and blockchain innovation ensures developers can focus on building dApps that not only perform but also captivate.

QuantumFusion’s SDK is more than a toolkit—it’s the key to unlocking the QuantumFusion blockchain’s potential, paving the way for mainstream adoption with simplicity, efficiency, and accessibility at its core.

Join the QuantumFusion Revolution

Web3 has immense potential, but the issues of speed, cost, and reliability are barriers to a smooth user experience. No one will use infrastructure that only works sometimes, and even when it does, it costs a small fortune and an unreasonable length of time to do anything worthwhile.

If the Web3 experience isn’t at least on the same level as Web2, then how are we going to attract mainstream attention?

QuantumFusion is breaking through these limits with an ecosystem designed from the ground up to deliver what users and developers have long been waiting for: seamless, scalable, and accessible blockchain solutions.

That’s it; that’s the goal. 

Through their SDK, QuantumFusion equips developers to create dApps that feel as intuitive as the best Web2 applications. Whether for mobile or desktop, this toolkit empowers innovation with real-world usability and future-ready performance. Paired with 0.1-second block finality, QuantumFusion makes real-time, cost-effective transactions a reality.

This is more than just incremental improvement; it’s a reimagining of what blockchain can achieve with a roadmap of how we can get there. QuantumFusion’s infrastructure unlocks opportunities that have only been half-realized so far. It isn’t just solving old problems—it’s setting a new standard for what blockchain technology should deliver.

Explore QuantumFusion, follow their progress, and help us build a decentralized future for everyone. 

Website: https://qfnetwork.xyz

X: @QuantumFusion_

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Press Release

MemeSparks.com Launches Innovative Service Integrating Web3 with AI Text-to-Video Technology

Published

16 hours ago

on

November 22, 2024

By

MemeSparks.com, a revolutionary Web3 platform, announced the launch of the first-ever platform integrating Web3 with AI-driven text-to-video technology. This innovative platform has the potential to drastically reduce the time, cost, and resources of video production. Its goal is to help memecoin developers and teams produce high-quality products faster and at substantially lower costs. The newly-launched service is available in exchange for the $MEMEKS utility token and Solana (SOL).

MemeSparks.com harnesses the power of artificial intelligence to transform written scripts into prime video content. The platform relies on the transparency and security of smart contracts to facilitate safe transactions between creators and consumers. This technology ensures creators receive fair compensation for their work and clients engage in digital transactions within a secure environment.

The platform will be available globally, allowing creators from various backgrounds and geographical locations to receive appropriate financial reward for their content. More importantly, anyone in the world can become a video producer even if they lack the necessary skills but have an idea for video content.

MemeSparks.com is steadily building a powerful, decentralized ecosystem with a digital marketplace at its center. Here, creators can rent out or sell their content produced via the platform’s AI text-to-video technology. The marketplace will support two tokens, $MEMEKS or SOL coins. The generated profit goes to the Community Wallet, which is controlled by the developers. The latter have already pledged to give monthly reports on its use and will only get a 10% share from the wallet for their services. Another 10% will go toward the platform’s marketing and the $MEMEKS coin development. The platform’s website maintenance will receive 20% while the remaining 60% will be used according to the votes of $MEMEKS holders.

The platform will also have a decentralized autonomous organization (DAO), allowing members to vote and decide marketing strategies, partnerships, airdrops, etc. Purchasing $MEMEKS tokens will automatically make users part of the DAO. The organization will function via two entities, the Council of Creators and the General Assembly. Every proposal advanced for voting will require a minimum quorum of 20% of total $MEMEKS. Lastly, the voting process will be 100% transparent to all members, and it will feature pre-voting discussions and clear rules to ensure complete fairness.

The advent of AI technology will reshape numerous industries, including video production. MemeSparks.com aims to spearhead the technological revolution in this field by delivering a user-friendly service for developers and creators. This platform fuses Web3 with AI text-to-video technology  to democratize video content production, and boost interactivity and engagement for audiences. It also uses a transparent and effective decentralized governance model to give consumers unmatched control over the digital art they create and the platform’s development.

Jay Chambers, CEO, Core Developer and founder of MemeSparks.com, commented on the platform’s mission:

“Our vision was to create a platform where creativity meets technology in its purest form. By integrating Web3 with AI text-to-video, we’re not just launching a product. We’re setting the stage for the next generation of digital content creators and consumers. This is about empowering people with tools that were once exclusive to large studios or tech giants.'”

The platform’s development does not end here. MemeSparks.com plans to introduce more features, including AI-driven editing tools, enhanced creator monetization options, and more interactive viewer experiences. Ultimately, the platform should become the meeting place for creators, investors, and technology enthusiasts, where they can innovate via a unique integration of Web3 and AI.

About MemeSparks

MemeSparks.com is a groundbreaking project aiming to empower creators and consumers into producing high-quality and cost-effective content faster than ever before. The platform seamless integration of Web3 and AI text-to-video produces cutting-edge technology. Above all, it fosters a more sustainable future for creative freedom and digital ownership for users worldwide.You can learn more about MemeSparks.com and stay up-to-date with its developments here: Website | X (Twitter) | Telegram

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