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Atlas Protocol secures multi-million investment led by SB China Venture Capital, defining blockchain interactive advertising

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Summary: Atlas Protocol (ATP), an application layer protocol for blockchain interactive advertising & marketing, has raised a seed funding of multi-million dollars from SB China Venture Capital  (SBCVC), BV (Baidu Ventures) and other investors.

According to the latest news, on August 21st, Atlas Protocol (ATP) has secured a seed round of investment of multi-million dollars, led by SB China Venture Capital (SBCVC), and followed by BV (Baidu Ventures), Danhua Capital (DHVC) and Fenbushi Digital. All the investors agree that Atlas Protocol (ATP) will bring disruptive innovations to interactive advertising and marketing in the blockchain industry.

Atlas Protocol (ATP) is incubated by Nebulas Labs and xGoogler Blockchain Alliance (xGBA). The project aims to build technical infrastructure that will boost the interactive advertisement blockchain ecosystem and construct a new paradigm of interactive marketing. Atlas Protocol proposes a new original and creative media model in the blockchain market, which will define the interactive marketing standards among advertisers, publishers, and users. Atlas Protocol can rank onchain targets’ value and enable value circulation through tokens.

Duran Liu, co-founder of Atlas Protocol (ATP) explained that “Blockchain is a value network, Nebulas Rank provides a way to measure the value of multidimensional data in the blockchain.” He also added, “The core algorithm of Atlas Protocol is based on the expanded Nebulas Rank. It will create a trustworthy new marketing channel and define a new tokenized marketing frontier.”

ATP Smartdrop, the service provided by Atlas Protocol has already been launched in the Nebulas Incentive Program, which delivered token rewards to more than one hundred thousand users. It is known that ATP Smartdrop was the first service application built on top of Atlas Protocol and is dedicated to demonstrating the potential of intelligent interactive onchain marketing among blockchain users.

Professor Shoucheng Zhang of Stanford University, founding chairman of Danhua Capital said, “the healthy development of the blockchain ecosystem in the long term requires an outstanding team to truly energize the whole industry.”

The founding team of the project has a lot of experiences in both blockchain and internet advertising. Team members include Duran Liu, former Head of Nebulas Labs; Cheng Li, former FreeWheel Engineering Director; Hitters Xu, founder of Nebulas; Ellen Wang, founder of Linked-Media. They have all worked for Google, the Internet advertising giant, for many years. In addition, Jeremy Zhou, co-founder of Jide Technology and the first engineer of Google AdWords, Assistant Professor Ronghui Gu of Columbia University and co-founder of CertiK, will be the technical advisors of the project. After the fundraising, Atlas Protocol (ATP) will continue to grow the team, optimize its products and expand market channels.

SB China Venture Capital (SBCVC), the lead investor, was established in 2000. It is a leading venture capital investment and private equity funds management company. It has successfully invested in many outstanding enterprises, such as Alibaba, Taobao and Focus Media. Mervin Zhou, a partner of SBCVC, suggests that interactive advertisement marketing has the potential to make the next unicorn in the era of blockchain. He also believes that Atlas Protocol has the opportunity to become the next Google Ads in the world of blockchain.

In addition, BV (Baidu Ventures), Danhua Capital (DHVC) and Fenbushi Digital also participated in this round of investment. All the investors agree that Atlas Protocol is a project with vision, and the team can address interactive advertisement marketing problems through cutting-edge blockchain technologies. To conclude, they all believe that Atlas Protocol will have a chance to foster a blockchain adtech alliance, eliminate information discrepancies in the industry, and generate more traffics and users into the blockchain ecosystem.

For more information on Atlas Protocol, visit https://atlasp.io

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A Guide to Exploring the Singaporean ETF market

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Singapore’s Exchange Traded Fund (ETF) market has grown, offering investors diverse investment opportunities and access to different asset classes. As the market evolves, investors must navigate these uncharted waters with a clear understanding of Singapore’s ETF landscape. This article explores the trends, challenges and strategies for navigating the Singapore ETF market. To start investing in ETFs, you can visit Saxo Capital Markets PTE.

The Singaporean ETF Market: Exponential Growth

The Singapore ETF market has seen significant growth in recent years, with an increasing number of ETFs covering a wide range of asset classes and holders. different investment topics. 

One of the notable trends in the Singapore ETF market is the growing diversity of available options. Investors can now choose from ETFs that track domestic and international stock indexes, bonds, commodities, and specialist sectors or themes. This diverse range of ETFs allows investors to create comprehensive portfolios tailored to their investment goals.

The growth of the ETF market in Singapore is also due to growing investor demand for low-cost, transparent, and accessible investment vehicles. ETFs offer benefits such as intraday liquidity, real-time pricing, and the ability to trade on exchanges. These characteristics have made ETFs attractive to retail and institutional investors who want exposure to different asset classes.

Regulatory Landscape and Investor Protection

The Monetary Authority of Singapore (MAS) is the…

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Property Loans for Foreigners in Singapore That You Must Know About

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property loans for foreigners in Singapore

Intending to invest in a residential or commercial property in Singapore?  

When it comes to foreigners applying for a loan in Singapore, things can be pretty hard regardless of the reason whether you need the property for personal or business purposes.  

In Singapore, buying a property is challenging, whether you are a foreigner or a native, and sometimes applying for a loan is the only way for you to afford it.  

HOW MUCH CAN YOU BORROW FOR A PROPERTY LOAN IN SINGAPORE? 

As for the Foreigner Loans, in Singapore, there is an exact amount of money you can borrow to finance the purchase of a property.  

In this sense, Singapore has the Loan to Value Ratio (LTV).  

The LTV ratio is what determines the exact amount of money you can borrow for a property loan, which changes depending on where you try to obtain the loan:  

  • If you are applying for a bank loan, you can borrow a maximum of 75% of the value of the property you want to purchase. That means if you are looking for a property that costs $500.000, the maximum amount of money a bank lender can give you like a loan in Singapore is going to be $375.000. 
  • When you are applying for a loan with a Housing…
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CoinField Launches Sologenic Initial Exchange Offering

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Sologenic

CoinField has started its Sologenic IEO, which is the first project to utilize the XRP Ledger for tokenizing stocks and ETFs. The sale will last for one week and will officially end on February 25, 2020, before SOLO trading begins on the platform.  Sologenic’s native token SOLO is being offered at 0.25 USDT during the IEO.   

Earlier this month, Sologenic released the very first decentralized wallet app for SOLO, XRP, and tokenized assets to support the Sologenic ecosystem. The app is available for mobile and desktop via the Apple Store and Google Play.  The desktop version is available for Windows and Mac.

“By connecting the traditional financial markets with crypto, Sologenic will bring a significant volume to the crypto markets. The role of the Sologenic ecosystem is to facilitate the trading of a wide range of asset classes such as stocks, ETFs, and precious metals using blockchain technology. Sologenic is an ecosystem where users can tokenize, trade, and spend these digital assets using SOLO cards in real-time. The ultimate goal is to make Sologenic as decentralized as possible, where CoinField’s role will be only limited to KYC and fiat ON & OFF ramping,” said CoinField’s CEO…

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