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Gate Ventures, Movement Labs, and Boon Ventures Launch $20M Fund to Accelerate Web3 Innovation

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SAN FRANCISCO, Oct. 13, 2024 /PRNewswire/ — Gate Ventures, a global venture capital firm specializing in blockchain; Movement Labs, a leader in Move-based blockchain technology; and Boon Ventures, a prominent investor in emerging tech startups, today announced the establishment of a groundbreaking $20 million fund designed to transform the Web3 space. This strategic alliance will invest in cutting-edge projects and accelerate the development of Move-based blockchain technologies.

The fund will concentrate on four key areas:

Accelerating the adoption of Move-based blockchain solutionsEnhancing security and performance in decentralized networksSupporting projects that bridge Move and EVM ecosystemsDriving innovation in Web3 infrastructure and applications

“This $20 million fund marks a significant milestone in our mission to drive forward-thinking solutions in the Web3 ecosystem,” said Kevin Yang, Managing Partner at Gate Ventures. “By collaborating with Movement Labs and other visionary projects, we’re paving the way for the future of decentralized technology.”

Rushi Manche, Co-Founder of Movement Labs added, “This $20 million fund is a game-changer for the Move ecosystem. It’s a powerful validation of what we’re building at Movement Labs. Move’s capabilities in security and scalability are setting new standards in Web3. This fund will specifically be used to support builders building the future of secure decentralized finance, fully on-chain gaming and consumer, as well as decentralized physical infrastructure efforts.”

Teerus Boon-Long, CEO of Boon Ventures said, “This is the beginning of a great journey forward in the Web3 space. It’s not aimed at short-term goals but at building a promising future for a decentralized society.”

The partnership leverages the unique strengths of each entity:

Gate Ventures brings extensive resources, a global network, and deep experience in Web3 investments, enabling strategic partnerships and growth opportunities.Movement Labs offers profound expertise in Move-based blockchain technology, infrastructure and ecosystem building.Boon Ventures has a successful track record of empowering innovative startups across multiple sectors through funding, mentorship, and strategic guidance.

To help achieve its goals, the fund will implement several key initiatives:

Organize global hackathons to stimulate innovation in Move-based technologies and attract top talent.Establish a mentorship program connecting industry veterans with promising Web3 startups to provide guidance and expertise.Create a research grant program to advance blockchain interoperability solutions, fostering cross-ecosystem collaboration.Host quarterly thought leadership summits to address pressing challenges in the Web3 space and drive collective progress.

As the fund deploys its $20 million, the partners are committed to fostering innovation and driving the Web3 space forward. They will provide updates on investments, collaborations, and leading-edge technologies that will define the future of Web3, blockchain, and decentralized applications.

About Gate Ventures
Gate Ventures is the venture capital arm of  Gate.io, one of the world’s largest and most trusted cryptocurrency exchanges, specializing in early-stage investments in blockchain technology and digital assets. Our mission is to drive innovation and foster growth across the global blockchain ecosystem. By collaborating with industry leaders worldwide, we support visionary teams and startups that have the potential to reshape social and financial interactions. As a long-term investor, we are committed to offering comprehensive support to our portfolio companies, from product development and operational scaling to global expansion. Follow Gate Ventures on X for more updates.

About Movement Labs
Movement Labs develops the Movement Network, an ecosystem of Modular Move-Based Blockchains. The company is creating the first Move Virtual Machine L2 for Ethereum, along with open-source tools to promote Move adoption across blockchains. Their platform enables developers to launch high-performance Move VM rollups easily, bridging Move and EVM ecosystems. Backed by $38 million in Series A funding, Movement Labs is advancing Move-based technologies and blockchain interoperability in Web3. Follow Movement Labs on X and on Discord for updates.Movement Labs is on a mission to create a global community of Move builders, working together to increase the security, performance, and user experience of building in decentralized networks.

About Boon Ventures
Boon Ventures is a single-family office spun out of the Boon-Long family, one of the longest-established families in Thailand, in 2015. Since then, it has served as the alternative investment and advisory arm of the Boon-Long family. Boon Ventures is an independent, fast-moving organization with a strong network and partnerships both in Thailand and globally, driven by a mission to foster innovative change, long-term growth, and sustainable value.

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

Photo – https://mma.prnewswire.com/media/2529336/Movement__Gate__Boon__1.jpg

View original content:https://www.prnewswire.co.uk/news-releases/gate-ventures-movement-labs-and-boon-ventures-launch-20m-fund-to-accelerate-web3-innovation-302274524.html

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Here TV Announces the Return of Guys Like You for a Hilarious and Heartfelt Season Two

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Guys Like You returns for a captivating second season, continuing to explore Derek’s hilarious and heartfelt journey through the ups and downs of modern dating. Packed with comedy, drama, and relatable moments, the new season dives deeper into Derek’s search for love while keeping viewers entertained with its signature charm and chaos.

LOS ANGELES, Oct. 12, 2024 /PRNewswire-PRWeb/ — Here TV, the premier destination for LGBTQ+ content, proudly announces the return of Guys Like You for an exciting second season, which premiered on October 4, 2024. The series continues to follow the turbulent, funny, and undeniably messy dating life of Derek as he encounters a host of quirky, lovable, and sometimes questionable characters in his quest for love and self-discovery.

“This season really dives deeper into Derek’s journey, with even more outrageous encounters that will have viewers both laughing and feeling deeply,” said David Millbern, Head of Content for Here TV.

With its relatable depiction of the highs and lows of dating in today’s world, Guys Like You balances drama, comedy, and a whole lot of heat, offering audiences moments of laughter, heartbreak, and everything in between. Fans can expect to be entertained, challenged, and touched by the realness of Derek’s chaotic yet hopeful love life.

“This season really dives deeper into Derek’s journey, with even more outrageous encounters that will have viewers both laughing and feeling deeply,” said David Millbern, Head of Content for Here TV. “It’s a perfect blend of heart and humor, and we can’t wait for fans to experience what we have in store.”

“Working on this show has been a rollercoaster in the best way,” added producer Trystan Colburn. “Season two brings a new level of depth to Derek’s character while keeping the fun, chaotic energy the audience loves.”

Season two of Guys Like You continues the network’s legacy of delivering groundbreaking, diverse, and engaging content for the LGBTQ+ community and beyond.

About HERE TV

HERE TV is an Emmy Award-winning TV network dedicated to broadcasting LGBTQ+ content from around the world. With a comprehensive and diverse catalog of films, documentaries, and series, HERE TV provides a platform for a multitude of voices and stories within the LGBTQ+ community, driving inclusion and representation on-screen. HERE TV is available as a premium channel on all cable systems and IPTV platforms such as Xfinity, Charter, Amazon, Verizon, Apple, Roku, Google, and here.tv.

For press inquiries, please contact:

Scott Dearborn

scott.dearborn@heremedia.com

310-433-5741

Media Contact

Scott Dearborn, Here Media, 1 310-433-5741, scott.dearborn@heremedia.comhttps://www.heremedia.com/

View original content to download multimedia:https://www.prweb.com/releases/here-tv-announces-the-return-of-guys-like-you-for-a-hilarious-and-heartfelt-season-two-302273695.html

SOURCE Here TV

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SAIC gifts 750 latest cars for CIIE dignitaries

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SHANGHAI, Oct. 12, 2024 /PRNewswire/ — A news report from english.shanghai.gov.cn: 

A total of 750 vehicles have been delivered by SAIC Motor Corp Ltd to transport dignitaries attending the upcoming seventh China International Import Expo (CIIE) during a ceremony on Oct 12.

Liu Ping, deputy secretary-general of the Shanghai Municipal Government, attended the ceremony and announced the delivery of the vehicles.

“The 750 cars cover SAIC’s major brands including Roewe, Audi, and Cadillac, which represent the latest and most cutting-edge innovation of the group,” said Jia Jianxu, president of SAIC Motor Corp Ltd, during the ceremony.

According to Jia, a professional operation’s support team will work closely with the vehicle operators, Jin Jiang International Holdings Co Ltd and Shanghai Jiushi (Group) Co Ltd, to ensure a smooth service around-the-clock.

“More than half of the vehicles are green and intelligent new energy cars that are equipped with state-of-the-art technologies and in first-class quality,” said Kong Fu‘an, director of the Foreign Affairs Office of the Shanghai Municipal People’s Government.

“Representing the innovative technology and reliable quality of Shanghai manufacturing, the vehicles are tasked to provide comfortable, considerate, high-quality and efficient service to give a comfortable and pleasurable travel experience for guests from home and abroad,” Kong said.

According to the group, the vehicles serving CIIE dignitaries include popular models such as IM L7, Roewe iMAX8 EV, Rising Auto F7, MAXUS MIFA9, MAXUS V90, Audi A7L, Cadillac CT6 and Buick GL8.

The 7th CIIE will be held in Shanghai from Nov 5 to 10.

For more information about CIIE: https://english.shanghai.gov.cn/en-CIIE2024/index.html

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/saic-gifts-750-latest-cars-for-ciie-dignitaries-302274531.html

SOURCE english.shanghai.gov.cn

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NASA Updates Coverage for Europa Clipper Following Hurricane Milton

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WASHINTON, Oct. 12, 2024 /PRNewswire/ — NASA will provide live coverage of prelaunch and launch activities for Europa Clipper, the agency’s mission to explore Jupiter’s icy moon Europa. NASA now is targeting launch no earlier than 12:06 p.m. EDT, Monday, Oct. 14, on a SpaceX Falcon Heavy rocket from Launch Complex 39A at NASA’s Kennedy Space Center in Florida.

Beyond Earth, Jupiter’s moon Europa is considered one of the solar system’s most promising potentially habitable environments. After an approximately 1.8-billion-mile journey, Europa Clipper will enter orbit around Jupiter in April 2030, where the spacecraft will conduct a detailed survey of Europa to determine whether the icy world could have conditions suitable for life. Europa Clipper is the largest spacecraft NASA has ever developed for a planetary mission. It carries a suite of nine instruments along with a gravity experiment that will investigate an ocean beneath Europa’s surface, which scientists believe contains twice as much liquid water as Earth’s oceans.

For an updated schedule of live events and the platforms they’ll stream on, visit:

https://go.nasa.gov/europaclipperlive

The deadline for media accreditation for in-person coverage of this launch has passed. NASA’s media credentialing policy is available online. For questions about media accreditation, please email: ksc-media-accreditat@mail.nasa.gov.

NASA’s mission coverage is as follows (all times Eastern and subject to change based on real-time operations):

Sunday, Oct. 13
8:30 a.m. – NASA’s Europa Clipper launch preview. Coverage will stream on NASA+. Learn how to watch NASA content through a variety of platforms, including social media.

9:30 a.m. – NASA’s Europa Clipper science teleconference with the following participants:

Gina DiBraccio, acting director, Planetary Science Division, NASA HeadquartersRobert Pappalardo, project scientist, Europa Clipper, NASA’s Jet Propulsion Laboratory (JPL).Haje Korth, deputy project scientist, Europa Clipper, Applied Physics LaboratoryCynthia Phillips, project staff scientist, Europa Clipper, NASA JPL

Coverage of the science teleconference will stream live on the agency’s website.

Media may ask questions during both teleconferences via phone. For the dial-in number and passcode, media should contact the NASA Kennedy newsroom no later than one hour before the start of the event at: ksc-newsroom@mail.nasa.gov.

4:15 p.m. – NASA’s Europa Clipper prelaunch teleconference following completion of the Launch Readiness Review. Please follow the Europa Clipper blog for updates on time. Participants include:

NASA Associate Administrator Jim FreeSandra Connelly, deputy associate administrator, Science Mission Directorate, NASA HeadquartersJordan Evans, project manager, Europa Clipper, NASA JPLTim Dunn, senior launch director, NASA’s Launch Services ProgramJulianna Scheiman, director, NASA Science Missions, SpaceXMike McAleenan, launch weather officer, 45th Weather Squadron, U.S. Space Force

Coverage of the prelaunch teleconference will stream live on the agency’s website.

Monday, Oct. 14
11 a.m. – NASA launch coverage in English begins on NASA+.

11 a.m. – NASA launch coverage in Spanish begins on NASA+, and NASA’s Spanish YouTube channel.

12:06 p.m. – Launch

Audio Only Coverage
Audio only of the news conferences and launch coverage will be carried on the NASA “V” circuits, which may be accessed by dialing 321-867-1220, -1240, or -7135. On launch day, “mission audio,” countdown activities without NASA+ media launch commentary, is carried on 321-867-7135.

NASA Website Launch Coverage
Launch day coverage of the mission will be available on the agency’s website. Coverage will include links to live streaming and blog updates beginning no earlier than 9:30 a.m. EDT, Oct. 13, as the countdown milestones occur. On-demand streaming video and photos of the launch will be available shortly after liftoff.

Follow countdown coverage on the Europa Clipper blog. For questions about countdown coverage, contact the Kennedy newsroom at 321-867-2468.

Para obtener información sobre cobertura en español en el Centro Espacial Kennedy o si desea solicitar entrevistas en español, comuníquese con Antonia Jaramillo: antonia.jaramillobotero@nasa.gov o Messod Bendayan: messod.c.bendayan@nasa.gov.

Attend Launch Virtually
Members of the public can register to attend this launch virtually. NASA’s virtual guest program for this mission also includes curated launch resources, notifications about related opportunities or changes, and a stamp for the NASA virtual guest passport following launch.

Watch, Engage on Social Media
Let people know you’re following the mission on X, Facebook, and Instagram by using the hashtags #EuropaClipper and #NASASocial. You can also stay connected by following and tagging these accounts:

X: @NASA@EuropaClipper@NASASolarSystem@NASAJPL@NASAKennedy@NASA_LSP
Facebook: NASANASA’s Europa ClipperNASA’s JPLNASA’s Launch Services Program
Instagram: @NASA@nasasolarsystem@NASAKennedy@NASAJPL

For more information about the mission, visit:

https://science.nasa.gov/mission/europa-clipper

View original content to download multimedia:https://www.prnewswire.com/news-releases/nasa-updates-coverage-for-europa-clipper-following-hurricane-milton-302274532.html

SOURCE NASA

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