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Zetrix & Web3Labs’ Global Accelerator Programme Officially Opens for Registration

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KUALA LUMPUR, Malaysia, March 1, 2024 /PRNewswire/ — On March 1st, the global accelerator programme initiated by Zetrix, a layer-1 blockchain platform utilising Delegated Proof of Stake (DPoS) mechanism, in collaboration with Web3.0 startup hub Web3Labs, is officially open for registration. The programme aims to discover and support the most promising Web3 startups worldwide. Ultimately, 10 outstanding projects will be selected for a six-month accelerator program, providing participants with resources, guidance, and support to help them succeed in the Web3 field.

In January this year, Zetrix, Web3Labs, and venture capital partner Summer Capital announced a strategic collaboration and jointly launched the global accelerator programme. This significant initiative marks a milestone for Zetrix as the preferred blockchain infrastructure supported by the Hong Kong government for application development. The global accelerator programme is dedicated to incubating and accelerating early-stage enterprises building innovative applications on the Zetrix platform. The goal is to provide startups with an acceleration pathway to quickly find business partners, attract investments, and gain government support. With extensive networks and resources, Zetrix and Web3Labs ensure selected teams efficiently formulate and execute their development strategies, achieving innovative breakthroughs and sustained growth in the Web3 field.

On March 1st, registration for the Zetrix & Web3Labs Accelerator Programme officially commenced, targeting Web3 startups worldwide. The six-month intensive acceleration service will provide participants with comprehensive support, including funding, resources, and training.

Program Highlights:

Zetrix Special Grant Incentive
All selected projects will receive a special grant incentive of $25,000 USD provided by Zetrix.

Additional Investment Incentive
Following the end of the programme period, founders will pitch their projects to venture capitalists (VCs) that will assess the funding requirements and viability.

Star Mentor Lectures
Top experts and successful entrepreneurs in the Web3 field are invited to provide professional lectures, and share experiences and insights to help the founders of projects better understand and address the challenges of Web3 entrepreneurship.

Study Tour Programme
The current accelerator programme will conduct study tours in Hong Kong and Malaysia, leading founders to visit well-known Web3 enterprises in both locations and establish connections with local entrepreneurs and investors.

Team Landing Support
Make full use of the platform resources of Web3Labs and Zetrix in Hong Kong, Malaysia, and ASEAN Countries to support and help projects in resource docking and team landing in both locations.

One-on-One Financing Matchmaking
Collaborate with the Hong Kong Web 3.0 Investment Alliance to arrange one-on-one financing opportunities for participants, helping them better understand market demands, access capital support, and drive rapid project development. Additionally, provide access to other reputable VCs for co-investment.

Cooperative Media Exposure
Support projects to gain exposure on cooperative media platforms, increasing project visibility.

Green Exchange Listing Support
Through the listing support of cooperative exchanges, we are making it easier for the team to bring the project to the market and attract more users and investors.

Cloud Service Credit
Provide cloud service credits to help projects build and expand Web3 projects on stable cloud infrastructure.

Discounts with Top Audit Firms
Offer cooperation discounts with top audit firms to ensure the projects’ safe and compliant development.

Other Customised Acceleration Services
Provide customised acceleration services based on the characteristics and needs of projects, ensuring that each project receives targeted specialised support.

Project Timeline
The Zetrix & Web3Labs Global Accelerator Programme will conduct a 6-month accelerator camp to search for 10 outstanding Web3 projects and provide a series of acceleration services.

Zetrix x Web3Labs Global Accelerator Programme Timeline

Time

Content

Mar.

Project Recruitment

Apr.

Camp Commencement 

May

Company Visits & Workshops

Jun.

Study Tour & Web3 Meetup

Jul.

Resource Matching & Project Acceleration

Project Requirements: 

Technical Depth and Innovation:
Projects must demonstrate technical depth and innovation in the Web3 field and their respective tracks.

Sustainable Growth Plan:
Project teams must be able to demonstrate a clear plan for sustainable growth, including fundraising, market expansion, technological development, and team building.

Team Capabilities:
Project teams must possess the necessary technical and business skills to ensure project success. This includes the background, experience, and expertise of team members.

Execution Plan:
Projects must provide an execution plan detailing how they will utilise the support resources provided by the accelerator camp to achieve key milestones.

Commitment and Collaboration:
Participation in the project must demonstrate commitment to and willingness to collaborate with the accelerator camp, including active participation in mentorship, collaboration with other teams, and sharing of experiences.

Legal Compliance:
Projects must be legal and compliant, adhering to local regulations and laws. This includes the legal structure of the project, contracts, and compliance matters.

Willingness to Commit to Reporting:
Projects must be willing to maintain transparency with the accelerator camp, regularly reporting project progress, fund usage, and any significant changes.

These conditions will help ensure that the resources and support of the accelerator camp are allocated to projects with the greatest potential and readiness for success. Additionally, conditions may be adjusted based on the nature of the project to better meet the needs and opportunities of specific domains.

Registration Link:
https://docs.google.com/forms/d/1qxSPU5O8o2Z5E10MCwXFD9oUbnYFM2VXKDjH58BZbhc/edit

About Zetrix
Zetrix is a layer-1 public blockchain that facilitates smart contracts and delivers privacy, security and scalability. Zetrix’s cryptographic infrastructure can be introduced to multiple industries to connect public sectors, businesses and their citizens to a global blockchain-based economy. Developed by MyEG Services Bhd, the cross-border and cross-chain integration enables Zetrix to serve as a blockchain gateway that facilitates global trade by deploying critical building blocks for Web3 services such as Blockchain-based Identifiers (BID) and Verifiable Credentials (VC).

About Web3Labs
As a one-stop gateway for Web3.0 startups, Web3Labs aims to respond to the policy declarations of the HKSAR government and assist global Web3 companies in establishing themselves in Hong Kong through landing services, investment acceleration, technical cooperation, and compliance support. Web3Labs currently has offline incubators in Hong Kong, Singapore, Korea, Hangzhou, Beijing and other locations to help Web3 companies expand their international presence from Hong Kong.

Web3Labs has under its umbrella three vertical investment entities: Satoshi Labs, which invests in the Bitcoin ecosystem; ICC Camp, which is deeply engaged in the GameFi sector; and AIFocus, which focuses on AI+Web3 and the DePin field.

View original content to download multimedia:https://www.prnewswire.com/news-releases/zetrix–web3labs-global-accelerator-programme-officially-opens-for-registration-302077018.html

SOURCE Zetrix

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Todd Tucker joins Parking Revenue Recovery Services as Chief Operating Officer to Guide Growth as PRRS expands as a Vehicle Identification and Monitoring Technology Platform

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DENVER, Nov. 15, 2024 /PRNewswire/ — Parking Revenue Recovery Services (PRRS), Inc., a leader in AI-driven compliance and vehicle activity monitoring, is pleased to announce the appointment of Todd Tucker, JD, DBA, CAPP, CPP, as its new Chief Operating Officer, effective November 15, 2024. With over 30 years of experience in the parking industry, Tucker is a recognized leader, having held various senior executive roles. Todd assumes the role of Chris Conley, who has decided to retire and enjoy some well-earned time after 30 years in the parking industry.

Before joining PRRS, Tucker served as President at Parking Logix and has been a leader in multiple tech companies focused on mobility solutions, with two leading to strategic and/or investment transaction outcomes Todd’s experience as a parking operations leader/expert and his roles spearheading the development and growth of innovative technology offerings focused on parking provide him with a unique ability to build solutions that meet the needs of today’s parking operations.

PRRS is uniquely positioned in gateless parking technology solutions through its machine vision-based technology, which identifies all vehicle activity, enhances compliance, and enables clients to expand their service capabilities. Our technology allows clients to gather valuable insights into operation and consumer activity while helping our clients improve their customer experience. With Tucker’s extensive expertise in parking technology and leadership, PRRS aims to broaden its services across North America, solidifying its status as the premier provider of gateless technology solutions to operators and facilities.

“Todd’s proven track record of driving innovation and his dedication to enhancing technology-based services make him the ideal candidate to lead PRRS into its next growth phase,” said Gabor Burchner, Managing Director, GB & Partners IM. “As the demand for adaptable technology solutions providers continues to rise, Todd’s leadership and collaborative approach will be invaluable.”

PRRS, in partnership with Asura, has successfully implemented the ARC solution and its compliance services at over 400 parking sites across 29 states. With ongoing investment from GB & Partners IM, PRRS is set to expand beyond its current identity as a “parking notice firm” to become the leading gateless technology solution for the future.

“I am thrilled to join PRRS and enhance the value we provide to our parking operating partners,” said Todd Tucker. “Throughout my career, I’ve consistently sought to challenge the status quo by delivering innovative solutions in an ever-evolving industry. PRRS is at the forefront of leveraging technology to enhance its services, and with GB & Partners IM participation, we will continue to deliver exceptional value to the parking sector and beyond. I look forward to joining the PRRS team and collaborating with our clients to push boundaries and innovate in compliance and facility monitoring services.”

About Parking Revenue Recovery Services

Parking Revenue Recovery Services, Inc. (PRRS) is North America’s leading Parking Compliance and Facility Monitoring technology provider. PRRS is on track to provide over 1,000 parking locations and proudly supports national, regional, and local parking operators throughout the United States. Our client owners and parking operators use our monitoring and compliance services in all properties, including commercial lots and garages, municipal facilities, college and university facilities, airports, hospitals, commercial properties, and residential buildings. PRRS creates exceptional value for its parking operator clients through increased overall customer compliance and enhanced visibility into operating activity and usage while delivering excellent customer service. We maximize the value provided to our clients through excellence, innovation, and efficiency in its compliance and monitoring services, delivered by an outstanding team of parking professionals dedicated to the highest levels of customers.

About Asura Technologies

Asura Technologies specializes in next-generation video analytics and license plate recognition software, utilizing AI to create smart parking, traffic management, frictionless tolling, and safety security applications. Active globally since 2018, Asura Technologies USA collaborates with PRRS to provide highly effective, automated parking enforcement solutions through innovative technology.

About GB & Partners IM

GB & Partners IM is an independent private equity and venture capital firm focused on innovative city technologies, fashion, fintech, medical technologies, and mechanical engineering. As the largest Hungarian-based firm in its sector, GB & Partners IM offers extensive leadership experience in private equity and venture capital investments, M&A transactions, and IPOs, providing operational support to investment entities by international standards. In 2019, GB & Partners IM became the first Hungarian venture capital firm to gain membership in Invest Europe.

View original content to download multimedia:https://www.prnewswire.com/news-releases/todd-tucker-joins-parking-revenue-recovery-services-as-chief-operating-officer-to-guide-growth-as-prrs-expands-as-a-vehicle-identification-and-monitoring-technology-platform-302295135.html

SOURCE Parking Revenue Recovery Services, Inc.

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Connect and Converse Across Borders with Moii: Now Available Worldwide

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SEOUL, South Korea, Nov. 15, 2024 /PRNewswire/ — Moii, an innovative avatar-based interest-matching conversation service developed by tech startup illuni, has officially launched globally. Available on the Google Play Store and Apple App Store, Moii offers users a unique way to meet new friends, share stories and enjoy engaging conversations. The service allows people around the globe to experience safe, interest-based connections with like-minded people, fostering a sense of community across borders. Moii exemplifies illuni’s commitment to creating immersive digital experiences through advanced artificial intelligence (AI) technology.

To create heartfelt connections, download Moii from the Google Play Store (https://play.google.com/store/apps/details?id=com.illuni.moii&hl=en-US) and Apple App Store (https://apps.apple.com/us/app/moii-heartfelt-connections/id6456406927).

Create Moiiments, Connect Globally

In a world where genuine interaction can feel rare, Moii provides a space for simple, meaningful conversations without the pressure of video or photo sharing. By connecting users based on shared interests, Moii creates a relaxed environment for spontaneous chats, whether someone is looking for a listening ear, a language exchange, or a fresh global perspective. With engaging features such as avatar costumes and singing content in virtual karaoke – introduced in a recent November update – the app continues to attract a growing user base of young adults seeking meaningful connections beyond small talk.

“Since our global launch on the 1st of November, users from over 30 countries have come together on Moii to share interests, create unique content and enjoy friendly conversations,” said Byung-Hwa Park, CEO of Illuni. “We are thrilled by the enthusiasm for Moii as people around the world find it to be a fun and welcoming platform.”

Aimed at users in their 20s and 30s, Moii allows users to interact in a fully customizable 3D environment. Instead of revealing their actual appearance, users create avatars that reflect their personalities and interests, providing a sense of anonymity, security, and comfort. Once matched, users can personalize their avatars, use conversation cards, and enjoy mini games, making every interaction fun and engaging.

With a mission to create comfortable spaces for conversation, Moii promotes cross-cultural and language exchange on a global scale. Whether users want to make foreign friends, practice a new language, or simply chat with a friendly listener, Moii offers a low-pressure, refreshing way to connect.

Looking ahead, Illuni plans to expand Moii’s language support, making it accessible to even more users across the globe.

For more information about Moii, visit https://www.moii.net/en

About illuni

Illuni is a forward-thinking startup focused on developing immersive digital experiences through advanced AI technology. The company is committed to building innovative mixed-reality services that redefine user engagement in digital spaces. Alongside Moii, illuni’s portfolio includes Storyself (https://storyself.com), an interactive storybook app that transforms users’ pictures into story characters, allowing them to become the protagonists of various tales—making it both engaging and educational for children.

To learn more about illuni and its suite of mixed-reality projects, visit:  https://www.illuni.com/en 

For media inquiry, please contact: illuni Communications, e-mail: contact@illuni.com 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/connect-and-converse-across-borders-with-moii-now-available-worldwide-302306704.html

SOURCE illuni

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LONGi’s Solar Panels Enhance Sustainability in Bengaluru’s Residential Complex

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BANGALORE, India, Nov. 15, 2024 /PRNewswire/ — LONGi, in partnership with SolarSquare, has completed a 342 kW solar project using advanced Hi-MO 5 solar panels for a residential apartment complex in Bengaluru.

Launched seven months ago, this solar project is set to save the residential complex up to $47,736 annually and has already generated an impressive 340,000 units of electricity. Thanks to the high efficiency of the solar modules, significant economies of scale, and the inherent advantages of rooftop solar, the project is projected to reach its break-even point within just 4.75 years.

Before the installation of the rooftop solar panels, residents faced annual electricity costs of approximately $143,305. The switch to solar energy is expected to result in annual savings between $47,768$53,768, effectively reducing their electricity expenses by around 33%.

Nikhil Nahar, Co-founder and Director of SolarSquare, stated, “Through our strategic partnership with LONGi over the years, our customers have gained access to state-of-the-art technology for their projects. LONGi’s solar panels consistently deliver performance and help our customers save on electricity bills. With a shared vision to accelerate the mass adoption of renewable energy and enhance sustainability, our partnership has continually provided innovative solutions, earning the trust of our customers.”

LONGi remains committed to delivering advanced solar technology and helping more residential complexes achieve energy independence through its highly efficient and reliable products.

About LONGi

Founded in 2000, LONGi is committed to being the world’s leading solar technology company, focusing on customer-driven value creation for full scenario energy transformation.

Under its mission of ‘making the best of solar energy to build a green world’, LONGi has dedicated itself to technology innovation and established five business sectors, covering mono silicon wafers cells and modulescommercial & industrial distributed solar solutionsgreen energy solutions and hydrogen equipment. The company has honed its capabilities to provide green energy and has more recently, also embraced green hydrogen products and solutions to support global zero carbon development. www.longi.com

View original content:https://www.prnewswire.com/in/news-releases/longis-solar-panels-enhance-sustainability-in-bengalurus-residential-complex-302306744.html

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