Monthly Archives: September 2021

PR Newswire

Zoloz Receives 2021 IDC FinTech Rankings Real Results Award for its Work Supporting Financial Inclusion Using e-KYC Technology

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SINGAPORE, Sept. 14, 2021 — Zoloz, an electronic Know Your Customer (e-KYC) technology provider, has received the 2021 IDC FinTech Rankings Real Results Award for its work enabling users of bKash, Bangladesh’s largest mobile financial service provider, to open digital wallet accounts remotely using biometrics. Zoloz was the winner of the Digital Trust & Stewardship category and tied as overall winner of the Real Results Awards.

Now in their seventh year, the IDC FinTech Rankings Real Results Awards recognize global IT providers that have enabled genuine, measurable, and future-enabling change in the global financial services industry. These providers supply the technological backbone of the financial services industry, an industry in which IDC Financial Insights forecasts IT spending worldwide to be USD 590 billion by 2025.

"2020 proved to be a year that tested the industry’s ability to stay resilient in the face of challenges on multiple fronts. This year’s IDC FinTech Rankings Real Results program describes examples of financial institutions and technology providers partnering to overcome those challenges in real, substantive ways," said Jerry Silva, vice president at IDC Financial Insights. "IDC congratulates the vendors that stepped up to the demands of an unusual year of disruption and helped financial organizations get back to the business of innovation."

"We are honored to be a winner of the 2021 IDC FinTech Rankings Real Results Awards," said Chen Jidong, the general manager of Zoloz. "With innovative technologies like AI, risk management and biometrics, Zoloz’s e-KYC solution significantly increases financial inclusion for underbanked communities in remote identification areas by allowing financial institutions to complete due diligence processes without the need for physical verification."

Almost half of Bangladeshi adults were unbanked just a few years ago due to a lack of a trusted ID verification system. Zoloz’s integration of e-KYC technology allowed previously unbanked families to verify their identity with ease. On average, it reduced the user process from several days to just 3 minutes and increased the verification success rate from 65% to over 90%.

Zoloz’s fully automated e-KYC solution has helped bKash onboard over 23 million e-wallet users in Bangladesh, taking the country one step closer to its goal of total financial inclusion by 2024. Amid the outbreak of COVID-19, Zoloz’s e-KYC solution helped the government of Bangladesh efficiently distribute aid via bKash to over 5 million families who lost their primary source of income due to the pandemic.

"Zoloz’s bKash project is an exemplary case of how innovation has responded to the business need with effective and measurable results. The inclusive finance aspect of it will have profound impact of how digitally enabled financial services can be expanded to those underdeveloped markets in need," said Eric Fei Gao, director of IDC Financial Insights.

So far, Zoloz’s e-KYC technology has been selected for use in e-wallets including GCash in the Philippines, TnGD in Malaysia, Dana in Indonesia, TrueMoney in Thailand and banks including Mandiri Bank in Indonesia and Maybank in Malaysia, having served more than 100 million users in total across the world.

About Zoloz

Zoloz combines industry-leading technologies including advanced biometrics, spoof detection, Optical Character Recognition and risk management to provide a comprehensive electronic Know Your Customer (e-KYC) technology solution that protects, connects and enhances user identity. Its technology meets the most stringent international standard for biometric and privacy protections technologies.

To learn more, please visit: https://www.zoloz.com/

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Accessories, Business, Lifestyle, News

Google One Introduces 5TB Storage Plan

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If you have not known yet, Google Drive is not completely free anymore. If you check your gmail accounts and Google tells you that your storage is running out, that is because Google has brought down the capacity for free users to 15GB of storage. 15GB of storage is really not a lot and runs out pretty quickly.

Google Photos used to also offer unlimited photo storage, as long as you are not demanding for a full-resolution photo backup. Google ended that service in June and users would have to start paying for storage services under the Google One storage subscription package. Users can start with 100GB plan for MYR 8.49 a month onward. Users can opt for up to 30TB in cloud storage too for up US$ 150 (MYR 624*) onward.

The subscription plans are quite robust for users though. You can opt for 200GB, 2TB, 10TB, and 20TB storage options, if 100GB is too little, or 30TB too much for you. There was nothing between the jump between 2TB and 10TB options before this though, and that puts users in a bit of a pickle.

Google has an answer now with a 5TB Google One package. They also have priced it exactly in between the 2TB and 10TB options at US$ 25 (MYR 104*). There is a small caveat here though.

Screenshot 2021 09 14 010647
Source: Google

Eagle eyed viewers might find that most of the prices quoted are in US$. That is not on purpose though, Malaysia only gets the Google One storage at up to 2TB. You can subscribe to the 2TB Google One plan for MYR 42.99/month, or MYR 429.99 for an entire year’s worth of 2TB storage. There are no mentions on when Malaysia will get a higher tier Google One plan, if it ever happens at all.

As mentioned, the Google One storage plan is built to be Google’s answer to Google Photos backup and Google Drive. You still get to use Google Drive for free, but you are limited to 15GB in storage. The Google Drive app is also available for free on Google Play Store and Apple App Store.

PR Newswire

Aligning Advanced SPM Solutions with Business Objectives Creates High-performing Sales Teams

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SPM solutions can aid enterprises in streamlining and improving sales performance, directly impacting the bottom line, finds Frost & Sullivan

SANTA CLARA, Calif., Sept. 14, 2021 — The twin tasks of tracking the performance of sales representatives and ensuring accurate compensation have become more challenging than usual due to remote working. In this scenario, technologies that offer transparent sales performance management (SPM) can be game-changers. Novel SPM software solutions that leverage AI and machine learning to enable administrator and design, executive and finance, and payee and manager functions can directly influence bottom lines.

Frost & Sullivan’s latest Executive Brief, SPM/ICM Solution Providers — "What Their Clients Are Saying About Them!" discusses the value of SPM solution capabilities and how solution providers can leverage them to best meet their client’s needs. It also explores the productivity gains and pitfalls to avoid when deploying sales technologies.

To download the complimentary Executive Brief, please visit: http://frost.ly/61j.

"Having a top-tier SPM platform is important, but it is even more important to analyze the organization’s unique business processes and needs before purchasing and implementing any SPM solution," said John Ruggles, Senior Vice President and Americas Regional Leader, Frost & Sullivan. "Working with a specialist in the field that can guide the organization through the entire process—from selection to implementation to training—can make all the difference in sales success, both internally and externally."

"We work closely with our clients to understand their challenges and goals, and ultimately help develop strategies for optimizing their SPM programs," noted Robert Blohm, Senior Partner at OpenSymmetry. "Our proprietary model helps clients understand where they can make improvements through the use of technology and/or processes to better align their SPM programs with their sales goals."

Some additional benefits of partnering with an SPM expert include:

  • Identifying specific sales platform needs and determining the framework that can be best integrated into the organization.
  • Receiving guidance through the research and vendor selection process and implementing the best-fit tools.
  • Aligning both core and advanced SPM platforms and functional capabilities with the organization’s existing infrastructures and tools.
  • Gaining access to the best technology and actionable insights.
  • Achieving greater operational efficiencies and better sales results.

About Frost & Sullivan
For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Media Contact:
Priya George,
Corporate Communications, Frost & Sullivan
E: priyag@frost.com

http://ww2.frost.com

About OpenSymmetry
OpenSymmetry enables clients to achieve greater operational efficiency and get better sales results.  OpenSymmetry is a global consulting company specializing in the planning, implementation, and optimization of industry leading technology suppliers of sales performance management solutions.

Media Contact:
Christina Mennen
Marketing Director, OpenSymmetry
E: christina.mennen@opensymmetry.com

www.opensymmetry.com 

 

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PR Newswire

Supermicro Expands Total Solution Portfolio by Offering Nutanix NX Platforms for Hybrid Multi-cloud Solutions

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Supermicro Takes Longstanding Strategic Relationship to the Next Level by Offering the Nutanix NX Solutions Based on Supermicro Ultra and BigTwin Systems through the Nutanix Elevate Partner Program

SAN JOSE, Calif., Sept. 13, 2021 — Super Micro Computer, Inc. (SMCI), a global leader in enterprise computing, storage, networking solutions, and green computing technology, is joining the Nutanix Elevate Partner Program. This expanded collaboration will further help customers deploy, manage and scale their infrastructure by delivering optimized application and hardware solutions to address the increasing market demand for hybrid multi-cloud solutions. 

"With 28 years of design, manufacturing, and service experience, Supermicro has worked very closely with Nutanix for over a decade, and together we have delivered many industry firsts," said Charles Liang, president, and CEO of Supermicro. "Our BigTwin systems have become the de-facto platform for hyper-converged infrastructure (HCI), and the vast majority of Nutanix’s customers today are running on Supermicro server hardware. To provide even more value to the market, Supermicro is now joining the Nutanix Elevate Partner Program to offer hybrid multi-cloud solutions based on our new X12 generation Ultra and BigTwin platforms to deliver higher performance at scale with shorter lead-times."

The Nutanix Elevate Program for Resellers differs from traditional partner programs. It has a unique emphasis on partner capabilities and competencies to sell and support the Nutanix portfolio. As an enrolled participant, Supermicro gains sales engagement support and standardized pricing through the existing network of Nutanix distribution partners to enable Supermicro to sell Nutanix solutions to customers.   

"The market recognizes Nutanix as the industry leader in providing unparalleled freedom of choice," said Tarkan Maner, Chief Commercial Officer at Nutanix. "With the addition of Supermicro as a Nutanix Elevate Partner – we can provide even more flexibility and expertise to customers through the Supermicro go-to-market organization."

The collaboration now expands beyond the portfolio of integrated products. For example, Supermicro is now authorized to resell the line of Nutanix NX appliances. These systems are based on the Supermicro X12 Ultra and BigTwin® platforms fueled by 3rd Gen Intel Xeon Scalable processors with built-in AI accelerators and optional all-flash NVMe storage, enabling customers to select the suitable systems needed for the performance and capabilities required for their workloads.

With this new agreement, Supermicro can offer additional Nutanix technologies to its global customer base, enabling the adoption of hybrid multi-cloud environments. Customers will receive support directly from Nutanix’s customer service organization. In addition, this extension of the partnership will allow the two companies to accelerate the procurement and deployment of Supermicro and Nutanix solutions long proven in the market. Many workloads in various industries will benefit from this partnership and the Nutanix solution, including analytics, VDI, Remote Office/Branch Office, databases, and mission-critical applications.

About Super Micro Computer, Inc.

Supermicro (SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced Server Building Block Solutions® for Enterprise Data Center, Cloud Computing, Artificial Intelligence, and Edge Computing Systems worldwide. Supermicro is committed to protecting the environment through its "We Keep IT Green®" initiative and provides customers with the most energy-efficient, environmentally-friendly solutions available on the market.

Supermicro, Server Building Block Solutions, and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc.

Intel, the Intel logo, and other Intel marks are trademarks of Intel Corporation or its subsidiaries.

All other brands, names, and trademarks are the property of their respective owners.

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Reviews, Video

[Video] Predator Orion 3000 & Predator X34 GS Ultrawide Monitor Review

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Petite and powerful; Ultra wide and immersive – these may be the coup de grace when it comes to any gaming setup. We are taking a close look at the Predator Orion 3000 & the Predator X34 GS monitor in our first ever double review to find out if the Intel Core i7 powered desktop and the ultrawide monitor check all the boxes to be the ultimate gaming setup!

You can get the Predator X34GS Monitor and Predator Orion 3000 at the Acer eStore or the official Acer store on Shopee.

Acer e-store link: https://acer.co/3jeqkpO
Acer Official Shopee Store: https://bit.ly/3B47RTd

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News, Social Media

Snapchat Expands Snap Minis To Make Connecting A Little More Snappy

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Snapchat has always been about short-form messages and content. The platform thrives on short, temporary content that allows the platform to maintain its ethereal appeal. With their recent resurgence, the platform has been hard at work looking for brand new ways to allow Snapchatters to connect.

This time around, they’re introducing Snap Minis. These Snap Minis are personalized, short messages or content which Snapchatters can use for their interactions. These Snap Minis are taking the form of personalized messages to even sending prepaid top-ups over the app.

Snap Minis Birthdays
Source: Snapchat

The Birthday Mini allows you to wish your friends on their big day. The feature allows you to see all your friends who have allowed their birthdates to be seen on Snapchat. With this new Mini, you can send birthday wishes with unique stickers and even Lenses. If you want to, you can even set a countdown for your own birthday which will allow friends to swipe and play with the stickers and lenses in preparation for your big day.

The Givingli Mini will allow you to send a customized card to your friends – snail mail not required! Create and customize your own cards for a Birthday or any other occasion with this Mini and just send it over Snapchat once you’re done.

Snap Minis Invstr StockStars
Source: Snapchat

The Invstr StockStars mini isn’t just for looks. It allows you to learn the basics and polish your investing know-how. Hone your skills by putting yourself to the test as a savvy investor risk-free as you invest in a virtual portfolio that mimics the stock market in real-time. You can even challenge your friends!

The most interesting Snap Mini comes courtesy of Ding. The Ding Mini allows you to surprise your friends with the gift of connectivity. It offers you discounts and even prepaid tops which you can purchase as gifts or for yourself. The Mini supports a majority of telco providers.

Snap Minis Ding 1
Source: Snapchat
Snap Minis Givingli 1
Source: Snapchat

There are more Minis coming up on Snapchat with the company working with content creators and apps like Headspace, Prediction Master, and Tembo. Keep an eye out for more Snap Minis as more hit the platform in the coming weeks.

eSports, News

Kohai Looks To Spur eSports Interest By Allowing Amateurs to Train with the Pros

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ESports has been on an upward trend when it comes to popularity – having recently been inducted as part of the Sukan Malaysia (SUKMA). It is already being considered for the 2028 Olympics. That said, the momentum is even more apparent at the grassroots level with even more people gaining taking an interest either as a spectator or professional.

As interest mounts, we’re seeing an increase in companies investing in the space – and not just in developing new, thrilling eSports games; we’re also seeing a new wave of apps and services geared to complementing the arena. The most recent of these apps is one called Kohai, a new, homegrown, Malaysian app that looks to allow newbies and gamers to interact more directly with the Pros – more specifically – to learn from them.

Kohai App 002 1
From left to right: Xorn, Feekz, Maima, Lilbie, Nellbie, Dominus, Panda and Artz will be the Mobile Legends Bang Bang Geek Fam Partners that Gamers have a chance to play with on Kohai’s platform // Source: Kohai

If you’re an otaku or watch any Japanese media, you’d be familiar with the term “kohai” or “kouhai” which is usually used to refer to proteges or juniors. Building on this kohai-senpai relationship, IWG eSports is looking to create a platform where everyday enthusiasts can hone their skills with the Pros. Kohai is looking to push the local Malaysian eSports scene further by essentially providing training grounds for eSports hopefuls.

The platform is focused on allowing hopefuls to hone their gameplay and strategy under the wing of a Pro. This leans on the kohai-senpai dynamic which is its namesake. On Kohai, the Gamers (kohai) are able to connect and train with Partners (senpai) regardless of their level. Parters are game experts or professionals who have a proven track record or in-game tier.

Kohai App 001
Kohai Gamer app user interface // Source: Kohai

Of course, it’s not a free-for-all as Kohai can also be a viable stream of income for partners as the platform uses a play-to-earn model. To do this, users will need to register via the Kohai Partner App where their profiles and details will be verified before they are allowed to activate their account. Given that it is a form of work, users registering as Kohai Partners will need to be 16 years or older.

Naturally, this means that gamers looking to learn will be subject to a pay-to-learn model. On the platform, Gamers will be able to train to reach specific milestones with a Partner. From as low as MYR10 per hour, Gamers will be able to up their game with coaching from Partners. This can be done on an ad-hoc basis (referred to as Real-Time Gaming Sessions) or Scheduled sessions. Gamers will be able to book these sessions via the Kohai Gamer app.

Kohai App 003 1
From left to right: Xorn, Feekz, Maima, Lilbie, Nellbie, Dominus, Panda and Artz will be the Mobile Legends Bang Bang Geek Fam Partners that Gamers have a chance to play with on Kohai’s platform // Source: Kohai
Kohai App 004 1
From left to right: Damrude, Sane, Miracle, QB and Snipes will be the PlayerUnknown’s Battlegrounds Geek Fam Partners that Gamers have a chance to play with on Kohai’s platform // Source: Kohai

To kick things off, Kohai is focusing on two of the most popular eSports games on mobile – Mobile Legend Bang Bang (MLBB) and PlayerUnkown’s Battlegrounds (PUBG) Mobile. It is also partnering with the popular eSports team GeekFam. Members of the team will be on the platform as Partners where Gamers can play, learn or train with them. In addition, Kohai has also kicked off its own tournament – the Kohai Championships – for MLBB. The tourney started on 4th September and will be concluding on 26th September 2021. It features 64 teams battling each other for a total prize pool of MYR11,000.00.

The launch comes after a public beta where Kohai has been utilized successfully by 43,000 individuals. The company is looking to the future to build its 43,000 strong community and to branch to other platforms such as PC and Console in the near future.

PR Newswire

ATFX Connect Continues to Report Strong Volume Growth in 2021

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SHANGHAI, Sept. 13, 2021 — ATFX Connect, the institutional arm of ATFX, focusing on Hedge Funds, Family Offices, B2B, Asset Managers, HNW’s, and spread betting accounts has reported positive trend growth for its trading volumes for Q1 2021 and Q2 2021.

ATFX Connect, announced that its volumes between Q1 2021 and Q2 2021 have seen quarterly growth of over 30%. In addition to this, ATFX Connect continues to expand its institutional business and market share by offering clients a broad range of financial instruments.

ATFX Connect supports institutional clients by providing them with Direct Market access to liquidity from T1 bank and non-bank providers in Spot FX, Precious Metals and CFDs. In addition, the flexible infrastructure enables ATFX to manage aggregation, pricing and allows integration with any third-party platform.

ATFX Connect’s Agency business has recently added to its global liquidity offering with the introduction of a server located in NY4. In addition to our current LD4 server, ATFX clients are now able to access a broader and deeper pool of liquidity during both the London afternoon and US trading session until market close.

The additional server has seen ATFX partner with a number of new LPs who have a strong presence during US trading hours. The support of these relationships has helped ATFX attract several new global clients who have trading desks covering the NYK session and has also resulted in a healthy increase in volumes from our existing clients wishing to trade with ATFX outside of London hours. As with our current offering in LD4, ATFX’s technology allows us to tailor our aggregated price streams from both servers to meet the requirements of each client helping them to execute business within a competitive and consistent pricing environment.

ATFX continues to expand its team and recently hired Steve Whittet, a well-known and highly respected figure in the FX Market. Steve’s hire is another signal for ATFX Connect’s ambition to expand its geographical footprint across Asia, Europe, Latin America, and the Middle East and enhance its product offering. Additionally, ATFX Connect continues to search for new team members to speed up its growth in other territories.

ATFX Connect

Back in 2019, ATFX stepped into the Institutional arena to launch its Multi-Access platform ATFX Connect. The management’s vision was to expand the broker’s global presence and provide award-winning liquidity and customer service to the institutional community. With the focus on the professional investor, the ATFX Connect platform is designed to provide an efficient automated trading venue that delivers tailored liquidity solutions to Hedge Funds, Asset Managers, Brokers, Private Banks, and other financial institutions.

ATFX

ATFX is an award-winning FX/CFD broker with a global presence offering customer support in over 15 languages. With over 200 tradable financial assets, including forex, cryptocurrency, precious metals, energy, indices, and shares traded as CFDs, ATFX is regulated by the UK’s Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, the Financial Services Commission (FSC) in Mauritius, and the Financial Services Authority (FSA) in Saint Vincent and the Grenadines.

PR Newswire

BenQ Launches World’s 1st Smart LED Mini Projector with 2.1 CH Speakers, Bringing Cinematic Entertainment to Any Home

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BenQ GV30 is an all-in-one home entertainment hub, which features a 135-degree projection angle with in-built Android TV, providing cinematic experience anytime, anywhere

SINGAPORE, Sept. 13, 2021 — BenQ, the global leading DLP projector brand, today launched the GV30 – a Smart LED Mini Projector, featuring 2.1-channel Bluetooth audio speakers and 135-degree projection angle for a 100" big screen, with in-built Android TV – offering the Cinema Experience anytime, anywhere. The GV30 looks to cater towards the shifting demographics in Singapore, with smaller households and housing options. Pre-sale orders are now open, with a discounted rate of SGD799 with GST (usual price 869 with GST) and exclusive pre-sale rewards.

BenQ GV30 Smart LED Mini Projector
BenQ GV30 Smart LED Mini Projector

According to a recent population census, more Singaporeans are choosing smaller households or singlehood, and are opting for smaller housing options. Meeting the lifestyle needs of today’s Singaporeans, BenQ sees the need for a portable LED mini projector that can provide quality cinematic experiences despite shrinking dwelling spaces. BenQ’s pursuit of innovation, along with its advanced technology, has resulted with the GV30 LED mini projector.

"Our new GV30 LED mini projector provides an all-in-one cinematic experience by combining wireless Android TV streaming with powerful Bluetooth multichannel audio, a 135-degree projection angle, high flexibility and versatile connectivity," said Jeffrey Liang, President of BenQ Asia Pacific Corporation. "We believe the GV30 will complement Singaporean lifestyle choices, providing a theatrical experience in the comfort of their own homes at the fraction of the price, and size, of a full-blown home entertainment hub."

Cinematic sound quality with 2.1 CH Speakers

The GV30 is one of the first portable LED mini projectors to feature a 2.1-channel audio system with separate high and mid-range drivers, and a dedicated woofer for resonant bass, bringing true cinematic texture to film and video viewing. Tuned by BenQ’s treVolo audio team, the system employs acoustic and psychoacoustic sciences to balance cinematic sound properties and enhance depth, clarity, definition, presence and stereo field imaging. The GV30 comes with versatile Cinema, Game, Sports and Music Modes, and also works seamlessly as a battery-powered, portable, Bluetooth speaker.

Quality imaging with 135-degree projection at any angle, from any corner of the household

Designed with space efficiency in mind, the GV30 can automatically correct image focus even when projecting from oblique angles. With its rotating magnetic base, users can tweak projection angles up to 135 degrees, and tap on the auto focus and auto vertical keystone functions to sharpen image quality. This means that the GV30 can be set up easily anywhere around the home, in any room.

Powered by LED technology, BenQ’s CinematicColor™ feature offers a color performance that can reach up to 98% coverage of the Rec.709 color gamut. With 720p native resolution and 300 ANSI lumens brightness, GV30 provides clear images and contrast. It also offers 6 professionally-tuned picture modes to optimize the viewing experience.

In-built home entertainment with Android TV

GV30 is completely wireless with inbuilt Android TV, providing instant access to Google Play and live streaming apps for movies, shows, sports and games, as well as social media platforms. The projector also supports wireless casting from iOS and Android devices as well as laptops.

Pre-sale orders for the GV30 are now available between September 7 and September 28, 2021, at a preferential rate of SGD799 with GST (usual price 869 with GST). Orders can be placed now exclusively at the BenQ Store on Lazada and Shopee.

Find out more about the BenQ GV30 projector here.

Note to editors:

  • From September 7, 2021, to September 28, 2021, with every 5-star review for the GV30 on BenQ’s on Lazada/Shopee brand store, BenQ customers will receive an SGD20 Grab Food Voucher. For more information, please visit here.

Key Features

  • 720P and 300 ANSI Lumens specs deliver clear images even in a lit environment
  • 2.1 channel chamber speakers (4Wx2 + 8W woofer)  
  • Bluetooth speaker mode
  • Unique 135-degree projection via rotation on the magnetic base
  • With auto focus and auto vertical keystone (±40 degrees) allows instant and user-friendly installation
  • Powered by Android TV with 5000+ of Google Play’s latest apps available 
  • Wireless projection for multiple OS and devices (Chromecast/ Airplay supported)
  • USB-C charging and DisplayPort for plug and play
  • BenQ smart control app for mobile devices
  • Maximum 2.5-hour battery life allows you to enjoy a movie completely
  • Drop proof from a 2.3ft (70cm) height

About BenQ Corporation

Founded on the corporate vision of "Bringing Enjoyment ‘N’ Quality to Life", BenQ Corporation is a world-leading human technology and solutions provider aiming to elevate and enrich every aspect of consumers’ lives. To realize this vision, the company focuses on the aspects that matter most to people today – lifestyle, business, healthcare and education – with the hope of providing people with the means to live better, increase efficiency, feel healthier and enhance learning. Such means include a delightfully broad portfolio of people-driven products and embedded technologies spanning digital projectors, monitors, interactive large-format displays, digital cameras and camcorders, mobile computing devices, and lighting solutions. Because it matters.

Press Contacts

Name: Emily Chiu
BenQ Corporation
Email: Emily.G.Chiu@BenQ.com

PR Newswire

Fusion NFT™ – a new way of investing in art and collectibles?

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SINGAPORE, Sept. 12, 2021 — Not so long ago, digital artists whose artworks were posted all over social media, were frustrated that they were not earning much income from their works irrespective of the number of likes, comments and shares they got.  On the other hand, art connoisseurs/collectors have been limited in how they can trade their art pieces as auction houses where predominantly the only avenue for them to sell their collections. 

With the usage of blockchain technology, NFTs (non-fungible tokens) has completely changed how art and collectibles can be bought and sold. Through NFTs, artists now have a new way to monetise their art, collectors can access a more diversified range of collectibles and investors can have access a wider pool of buyers.

While there has been news with respect to the growing interests in NFTs, this strong interest was also seen during the recent inaugural Coinllectibles™️ Fusion NFT™️ on OKEx NFT marketplace.  Within the first day of the launch, an investor paid US$100,000 (28ETH) for the Coinllectibles™️ Fusion NFT™️ Item #001 – a pair of heritage ceramics, which was almost twice the item’s valuation price.  The investor immediately placed the piece out in the secondary market and resold it at 150,000 USDT, successfully making a US$50,000 profit. The new owner then resold the iconic piece for 250,000 USDT and made a profit of about US$100,000. The collectible is currently on sale for sale for 289,000 USDT (https://www.okex.com/defi/nft/markets/detail?id=29978). As a whole, all the Fusion NFT™️ were sold out during the launch and Coinllectibles™️ saw a total sales turnover of more than US$600,000 during the first 4 days. 

Observing this development, Joseph Morton from Equity.Guru commented that this could be a "game of greater fool hot potato" (https://equity.guru/2021/09/10/this-week-in-crypto-standard-regulation-edition/). While that may be the case for regular NFTs, this article takes a look at how different Fusion NFT™️ is and how Coinllectibles™️, a fully owned subsidiary of Cosmos Group Holdings Inc. (OTC: COSG), aims to add value to the collectibles market.

1.         Fusion NFTs™️ – Buyers get both the digital tokens and the physical collectible

NFTs are characterised by its feature of tokenizing items with unique blockchain-based ID tags.  Unlike regular NFTs, where buyers only get a digital asset, buyers of Fusion NFTs™️ get both the digital non-fungible tokens as well as the physical art piece.  In this way, Fusion NFT™️  buyers not only get to buy and sell the digital non-fungible tokens online, they are also able to enjoy the items in the real world. 

2.         Ownership security and provenance

To make the buying and selling of Fusion NFTs™️ secure, Coinllectibles™️ has incorporated state-of-the-art 3D imaging technology to authenticate as well as provide provenance for the collectibles. This is akin to using the facial recognition function to unlock a handphone, the 3D image that is contained within the NFT will be able to authenticate ownership as well as whether the item is genuine. As added security, Coinllectibles™️ also embeds microchips to the collectible items.  Apart from all these technological protection, Fusion NFTs™️ also consists of robust documentation to provide owners with legal protection as well. All these are put together to holistically protect the interest of stakeholders, that will ultimately lead to a more secured buying/selling experience online. 

3.         More than art and collectibles collection

Beyond the buying and selling of NFTs, Coinllectibles™️ aim to bring greater enjoyment to our Fusion NFT™️ owners.  Firstly, Fusion NFTs™️ owners will get to decide between taking possession of the physical collectibles or putting the items up on exhibit in the world’s first gallery for Fusion NFTs™️ at K11 MUSEA in Hong Kong. Secondly, Coinllectibles™️ is exploring the possibility of working with game producers so that Fusion NFT™️ owners will also get to enjoy the items in an online environment. While some of these initiatives are still work-in-progress, Coinllectibles™️ believes that all these additional benefits help differentiate Fusion NFTs™️ from the rest.

In conclusion, not only are NFTs attracting the attention from artists and collectors, investors are also eyeing the extensive market opportunity of this crypto art and collectibles trade. Based on Statista, the total number of NFT from Apr 2021 to Aug 2021 was more than 263,000 – which approximates to 1 NFT sold each minute. All these showcase the immense potential and profitability of NFTs being traded in the primary and secondary market.  We are still in the early days. While it is anyone’s guess how the NFT market will become, the prospects for now is extremely bright.

To keep up with the launch of Fusion NFTs™️ projects and news, please visit www.Coinllectibles.Art or join the Coinllectibles™ Telegram Channel at https://t.me/Coinllectibles.

About Cosmos Group Holdings Inc.

Cosmos Group Holdings Inc. (OTC: COSG) was formerly a television network and multimedia information and distribution company focused on serving the homeland security and emergency preparedness industry. The group’s future will focus in the development of blockchain NFT technologies and platforms to facilitate the global trading of arts and collectibles.

About the Company – Coinllectibles™️

Coinllectibles™️ is an ACT (Arts and Collectibles Technology) company, which is redefining how the world thinks about art and collectible ownership in the digital age. 

Their minted curated Fusion NFTs™️, capture all the rights and independent valuation and ownership of physical arts and collectibles securely underpinned by smart contracts stored on the blockchain.

Coinllectibles™️ Fusion NFTs™️ bridge the physical and virtual dimensions of the arts and collectibles market, providing a pleasurable, transparent, and frictionless experience to customers from all walks of life.

About Coinllectibles™️ Fusion NFT™️

Coinllectibles™️ prides the Fusion NFT™️ as the industry "Gold Standard".  Being a Gold Standard, a Fusion NFT contains the following on the Inter Planetary File System (IPFS) – (1) a sale and purchase agreement reflecting the purchase, by the person minting the Fusion NFT™️, of the underlying asset at a fair value with all rights and restrictions clearly detailed, (2) bailment terms governing the rights to possession whilst the underlying asset remains with Coinllectibles™️, (3) a transfer deed reflecting the transfer of the ownership of the underlying asset (together with all rights and restrictions) by the transferor to the holder of the Fusion NFT™️, (4) ownership title deed written into the description of the Fusion NFT™️ and (5) the unequivocal identification file of the underlying asset, whose ownership is reflected in the title deed represented by the Fusion NFT™️.