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RealtyX Announces Live Platform and Multi-Round 10 ETH Raffle to Reward Token Holders

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HONG KONG, Feb. 28, 2024 /PRNewswire/ — RealtyX, a pioneering platform in the Real World Assets (RWA) tokenization field, is delighted to announce the Pilot Launch of its live platform. This significant milestone comes on the heels of forming strategic partnerships with a leading RWA-specific L2 blockchain Plume Network, and with Binghatti, a heavyweight in the UAE real estate sector known for its high-end property developments.

These partnerships seamlessly blend the cutting-edge innovation of Web3 with the robustness of traditional real estate, ensuring RealtyX’s frontline position in the tokenization space.

Recent Achievements and Rental Earnings Begin

Building on a successful angel funding round that positioned RealtyX at a remarkable $15 million valuation, the introduction of its live platform marks a pivotal step forward. As of February 15, RealtyX users can participate in the vibrant real estate market of Dubai by holding RST tokens. The first distribution of rental earnings is set to commence biweekly starting March 15 and March 31, offering an anticipated rental yield of around 8%.

10 ETH Raffle Awaits Early Supporters

RealtyX has launched a 10 ETH Raffle event, together with its Pilot Launch. This initiative is crafted as a token of appreciation to the platform’s early adopters, recognizing their support since the beginning.

With a total prize pool of 10 ETH spread across 10 rewarding rounds, the stakes escalate with each 10% sales milestone reached. The climax is a generous 2 ETH grand prize for the final round.

The essence of the Raffle’s winning strategy is simple: the earlier one enters, the greater the chances to win. This is due to the raffle’s unique structure, which allows participants — whether previous winners or not — to join in subsequent rounds as long as they maintain a sufficient balance of RST tokens and a Launch Pass NFT. This mechanism inherently favors those who join early, significantly enhancing their odds of winning.

Currently, RealtyX employs the Base blockchain to distribute its assets, meaning that both RST tokens and the Launch Pass NFT are deployed on Base. Looking ahead, RealtyX plans to broaden its reach by expanding to additional networks, including Plume, to enhance accessibility and engagement across different blockchain environments.

How RealtyX Is Revolutionizing the Traditional Real Estate Market

RealtyX revolutionizes the real estate industry by breaking down entry barriers with an innovative approach. Through real estate tokenization, individuals can enter the dynamic market with just $50, facilitated by the platform’s ERC-20 tokens, RealtyX SPDD Tokens (RST). Holding RST tokens not only enables participants to influence the distribution of rental incomes but also grants them governance rights over the tokenized properties.

Building on its dedication to community-led development, RealtyX has embraced a DAO structure for governance. This approach encourages teamwork and joint decision-making, granting token holders substantial influence over the governance of the underlying assets being tokenized. This model is clear in its goal: to create an RWA ecosystem where ownership and control truly reside within the community.

Looking Ahead

As RealtyX continually evolves, the platform is on the brink of launching a secondary market, set to go live this March. This new development will enable users to freely exchange their RST tokens, providing an additional layer of flexibility and liquidity to the ecosystem. Alongside this, members can eagerly anticipate the upcoming airdrop of the platform’s ecosystem token, RX.

Those who have been deeply involved in the ecosystem will have the privilege to claim RX tokens for free, a testament to their support and engagement.

To streamline this process, a point system will be introduced, meticulously designed to quantify the extent of users’ involvement within the ecosystem. The allocation of RX tokens will be directly proportional to the points accumulated by each participant, ensuring a fair and merit-based distribution that rewards the most active and supportive members of the RealtyX community.

More about RealtyX

RealtyX stands as a trailblazer, harnessing the power of blockchain technology and a decentralized philosophy to lead the charge in real estate tokenization.

At the core of RealtyX’s vision lies its Decentralized Autonomous Organization (DAO), a driving force for empowerment, expanded educational opportunities, and fair wealth distribution. By adopting this community-centric approach, RealtyX goes beyond market disruption; it is forging a path toward a more inclusive and enlightened lifestyle in the Web3 era.

Contact Information:
Email: info@realtyx.co
Website: www.realtyx.co
Twitter: https://twitter.com/RealtyX_DAO
Discord: https://discord.gg/K8Q6BVXTAp
Mirror: https://mirror.xyz/0xc07F708B0FD817328dBB4A2795f4017Ae6935EEf

View original content:https://www.prnewswire.com/news-releases/realtyx-announces-live-platform-and-multi-round-10-eth-raffle-to-reward-token-holders-302073836.html

SOURCE RealtyX

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National Center for Charter School Accountability Launches with Analysis of State Charter School Laws

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The National Center for Charter School Accountability provides research and recommendations on increasing transparency and accountability for charter schools.

NEW YORK, Sept. 23, 2024 /PRNewswire/ — The Network for Public Education (NPE) announces a new project, the National Center for Charter School Accountability (NCCSA), to provide research and recommendations on increasing transparency and accountability for charter schools. NPE is the leading organization that advocates revising state charter laws to make charter schools better align with the original vision of charter schools as teacher and parent-led schools of innovation that complement, not compete with, the public school system.

“The charter sector, now saturated with impersonal national chains and for-profit management corporations, has strayed far from the original mission of charter schools. A few states follow that vision; most do not. We regularly receive calls from charter school parents, teachers, and public school advocates raising concerns. The Center will educate the public with facts and provide information on how best to address concerns,” said Carol Burris, the Executive Director of NPE.

The Center includes a searchable database of news stories highlighting problems regarding charter schools. It also provides a portal where parents and taxpayers can submit questions and complaints. It also provides access to nine NPE research reports on charter schools, including reports on charter closures and for-profit-run charter schools.

In addition to research and reports, NCCSA evaluates state laws based on accountability, responsible growth, community input, and protections for students and taxpayers. An interactive map shows the number of open and closed charter schools in each state.

“The Center will grow over time, providing information unavailable on charter trade group sites. One million students have been displaced due to charter closures. In the age of choice, parents and taxpayers deserve the facts,” Burris added.

Commenting on the new project, NPE President Diane Ravitch noted, “NCCSA is a valuable resource for parents, taxpayers, policymakers, and the press who want to be informed about the status of charter schools. Accountability matters, and the Center will provide it via accurate and timely information.”

Access to NCCSA can be found here.

The Network for Public Education is a national advocacy organization with over 350,000 members and 200 grassroots groups. Its mission is to preserve, promote, improve, and strengthen public schools for current and future generations of students.

Contact: Carol Burris
cburris@networkforpubliceducation.org
(646) 678-4477

View original content:https://www.prnewswire.com/news-releases/national-center-for-charter-school-accountability-launches-with-analysis-of-state-charter-school-laws-302256096.html

SOURCE Network for Public Education

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Vermont State Dental Society, University of Detroit Mercy, Sanders, and Welch Announce Historic Effort to Advance Dental Care and Education Across State

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BURLINGTON, Vt., Sept. 23, 2024 /PRNewswire/ — The Vermont State Dental Society (VSDS), University of Detroit Mercy (UDM), Senator Bernie Sanders, and Senator Peter Welch are partnering to bring an innovative Dental Oral Health Education Center to Vermont in Fall 2027. This new dental clinic and education program would bring UDM students to Vermont to complete their final years of training – strengthening the dental care provider pipeline and expanding access to much-needed care across the state.

At a recent press conference, VSDS, UDM, Sanders, and Welch celebrated the program receiving its accreditation from the Commission of Dental Accreditation (CODA) – an essential step in establishing the teaching program in Vermont.

Sanders and Welch are working to secure $4.6 million in federal funding through the FY25 Congressionally Directed Spending process to support this historic initiative. The funding was recently approved by the Appropriations Committee and needs to be passed by the House and the Senate before being signed into law by President Biden.

The tentative location for the new center will be in Chittenden County.

VSDS, a nonprofit professional healthcare organization whose mission is to improve the oral health of Vermonters and to serve the profession of dentistry in the state, is pioneering the new institution with UDM as it brings more than 90 years of experience in educating dentists worldwide.

Beginning in the fall of 2025, this partnership will include two years of foundational and preclinical education at the UDM School of Dentistry Campus in Detroit, followed by two years of clinical and didactic education at a new dental clinic based in Colchester. The Detroit Mercy-Vermont dental program will offer DDS dental education in the state of Vermont, accredited by the Commission of Dental Accreditation (CODA).

University of Detroit Mercy-Vermont will house modern classrooms with on-site clinics to support its clinical education program and serve as a public health Medicaid clinic to provide dental care to qualifying individuals. Extending its reach beyond its Colchester facility, the new dental program will partner with clinical organizations in Vermont to reach areas with a shortage of dental health professionals and underserved populations.

As Vermont’s professional association for dentists, the VSDS works diligently to enhance the oral healthcare environment in the state. With just under 400 members, VSDS includes more than 80% of the state’s practicing dentists. VSDS provides resources, educational information, and support for its members and the public and advocates for public policies and systems to improve oral healthcare for all Vermonters.

University of Detroit Mercy is Michigan’s largest and most comprehensive independent Catholic university, sponsored by the Sisters of Mercy of the Americas and the Society of Jesus (the Jesuits). For more information, please visit www.udmercy.edu.

View original content:https://www.prnewswire.com/news-releases/vermont-state-dental-society-university-of-detroit-mercy-sanders-and-welch-announce-historic-effort-to-advance-dental-care-and-education-across-state-302256126.html

SOURCE University of Detroit Mercy

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eBay Announces Samantha Wellington as Senior Vice President, Chief Legal Officer, General Counsel and Secretary

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SAN JOSE, Calif., Sept. 23, 2024 /PRNewswire/ — eBay Inc. (Nasdaq: EBAY), a global commerce leader that connects millions of buyers and sellers around the world, today announced the appointment of Samantha Wellington as Senior Vice President, Chief Legal Officer, General Counsel and Secretary. In this role, Samantha will oversee all global aspects of eBay’s legal department, including Government Relations, intellectual property, employment, litigation, regulatory and corporate work across our financial services, marketplaces, and product and technology organizations. Samantha will report directly to Jamie Iannone, eBay’s Chief Executive Officer, and will join the company on October 7, 2024.

Samantha joins eBay with a distinguished career in legal and business affairs, most recently serving as TriNet’s Executive Vice President of Business Affairs, Chief Legal Officer, and Secretary. In this role, Samantha led a team of professionals across Legal, Compliance, Government Affairs, Customer Service, Sales, Operations, Product Management, Engineering, Technology, and Risk. Her leadership focused on spearheading initiatives that address the evolving workplace dynamics for TriNet’s customers, facilitating capital access for small business owners, and enhancing customer service experiences to support business growth. Prior to TriNet, she spent 12 years at Oracle, where she held a number of senior legal positions.

“Samantha has successfully led multifaceted teams and navigated complex legal and regulatory environments throughout her career,” said Jamie Iannone, Chief Executive Officer, eBay. “Samantha’s expertise will be invaluable as we continue to innovate and grow our global marketplace while ensuring we meet our legal and ethical responsibilities. Her passion for empowering small businesses aligns perfectly with eBay’s purpose, and I’m excited to welcome her to the team.”

“My parents started their business by selling skateboard parts at the open market in Sydney, so I have a deep appreciation for eBay’s role in empowering businesses of all sizes,” said Samantha Wellington. “As a longtime eBay user and collector, I am passionate about helping others unlock similar opportunities and connecting people with what they love.”

Samantha holds Bachelor’s Degrees in Creative Arts and Laws from Wollongong University, as well as a Master of Laws in Communication and Technology Law from the University of New South Wales. She has served as a board member for the National Association of Professional Employer Organizations and BSA, The Software Alliance.

Samantha replaces Marie Oh Huber, who left eBay in June after nine years as General Counsel. 

About eBay
eBay Inc. (Nasdaq: EBAY) is a global commerce leader that connects people and builds communities to create economic opportunity for all. Our technology empowers millions of buyers and sellers in more than 190 markets around the world, providing everyone the opportunity to grow and thrive. Founded in 1995 in San Jose, California, eBay is one of the world’s largest and most vibrant marketplaces for discovering great value and unique selection. In 2023, eBay enabled more than $73 billion of gross merchandise volume. For more information about the company and its global portfolio of online brands, visit www.ebayinc.com.

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SOURCE eBay Inc.

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