MANHATTAN, N.Y. & MISSISSAUGA, Ontario - Sept. 23, 2020 - PRLog -- American University of Antigua College of Medicine (AUA) and the Ontario-based Canadian Institute of Management and Technology (CIMT) have entered into an agreement that provides a preferred admissions pathway for aspiring Canadian medical school students. Under the terms of this agreement, CIMT students who complete CIMT's prehealth program, maintain strong undergraduate GPAs and meet AUA's admissions requirements will be automatically accepted into AUA's medical doctorate (M.D.) program and will be eligible for up to $36,000 (USD) in scholarships offered by AUA to fund their education.AUA is a member of the Association of Commonwealth Universities, enabling eligible students to qualify for government funded student loans through the Canada Student Loans Program (CLSP). Qualified AUA students are also eligible for Provincial and private student loans and grants."We're absolutely thrilled to partner with CIMT to create a path for talented, dedicated Canadian students who want nothing more than to practice medicine and serve the public good," said Gerald J. Wargo, Jr., AUA Associate Vice President of Enrollment Management. "There aren't nearly enough medical school seats in Canada to satisfy the demand, and we're proud to offer this opportunity."Canadian graduates of AUA College of Medicine are eligible to complete residency and practice in Canada, as well as the United States, India, and the United Kingdom.About American University of Antigua College of MedicineAUA is a fully accredited international medical school dedicated to providing an academic experience of the highest quality. Through a holistic admissions approach, AUA selects students with the potential for medical school success and provides them with the resources they need to obtain highly competitive residencies successful careers in medicine.Founded in 2004, AUA awards the Doctor of Medicine degree upon completion of a two-year preclinical sciences curriculum on the island of Antigua, followed by clinical rotations in the United States. Clerkship opportunities are also available for AUA's students in Canada, India, or the United Kingdom.AUA is accredited by the Caribbean Accreditation Authority for Education in Medicine and Other Health Professions (CAAM-HP) and is also approved by the U.S. Department of Education to participate in federal student aid programs, approved by the New York State Education Department (NYSED), licensed by the Florida Department of Education (DOE), and recognized by the Medical Board of California (MBC).To learn more about AUA and its M.D. program, visit www.auamed.org.ContactAmerican University of Antigua College of Medicinefirstname.lastname@example.orgPhotos: (Click photo to enlarge) Read Full Story - AUA, CIMT Forge Agreement Creating Med School Pathway for Canadian Students | More news from this sourcePress release distribution by PRLog
Dive deep into TV's favorite ZIP code with a LIVE fan-centric Super Show!BEVERLY HILLS, Calif. - Sept. 23, 2020 - PRLog -- Can you believe it's been 30 years since first meeting the beloved gang from West Beverly High? On October 4, 1990, ​Beverly Hills 90210​ ​premiered and enjoyed a successful decade-long run on Fox. ​The Beverly Hills 90210 Show Podcast​ will celebrate the show's 30th anniversary with a live videocast to honor the series that changed the way we look at US ZIP codes—and teenagers. Say to yourself, "I choose me," and tune in ​Sunday, October 4, 2020​ to the Beverly Hills 90210 Super Show for a full-on, immersive 90210 fan fix!Beverly Hills 90210 Show Podcast​ host ​Peter Ferriero ​will be joined by ​Beverly Hills 90210 writers/producers ​Charles Rosin ​and ​Larry Mollin, plus special guests,​ ​to exchange a proverbial egg with fans on the Super Show videocast. The live, 3-hour videocast airs at http://www.BeverlyHills90210Show.com​ on ​Sunday, October 4, 2020 at 4pm PST/7pm EST. Cast members Jason Priestley,​ Christine Elise McCarthy, ​Douglas Emerson, ​James Eckhouse, C​arol Potter, and more, will join the fun. As regular listeners know, you never know who might pop in on the podcast! Beverly Hills 90210 Show Podcast sponsor ​90210 Tours​ will share some prerecorded segments at 90210 filming locations.The Super Show will dive EVEN DEEPER into the episodes, songs, and making of the original TV series. Fans will participate in live forums and get insights from Fox executives (including former Fox President, Sandy Grushow), the 90210 production crew, and famous cast members from the most memorable ZIP code of all time. Keep it together because it's going to be the most fun online event of the year!Beverly Hills 90210, Aaron Spelling's longest-running show, captured the hearts of fans from 1990 to 2000. The ​Beverly Hills 90210 Show Podcast​ has celebrated the show since April, with producers, writers, directors, and cast and crew members giving a behind-the-scenes look into specific episodes and the series creation and production as a whole. The 30th Anniversary 90210 Super Show on October 4 promises to deliver its biggest show yet! Catch the podcast videos at BeverlyHills90210Show.com​ and broadcast ​LIVE Wednesday nights at 5pm PST/8pm EST​ on all podcast apps and streaming with video on YouTube and Facebook. Subscribe at www.BeverlyHills90210Show.com, and ​visit http://beverlyhills90210showshop.com/ for merch.ContactPeter Ferriero, Podcast Hostemail@example.comPhotos: (Click photo to enlarge) Read Full Story - Celebrate 30 Years Of Beverly Hills 90210 With The​ Beverly Hills 90210 Podcast Super Show | More news from this sourcePress release distribution by PRLog
QUByte Connect 2020 is bringing new info on 171, Breakers Collection, Project Colonies: MARS 2120 and much moreSAO PAULO - Sept. 23, 2020 - PRLog -- QUByte Interactive, Brazilian Game Developer and Publisher, is promoting its very first digital event, QUByte Connect 2020, to share new information on many of their current projects and upcoming releases, including 171, Breakers Collection and Project Colonies: MARS 2120.QUByte Connect 2020 is taking place Tuesday, September 29th at 1PM PDT / 4PM EDT and will feature updates on first-party QUByte Game Studio games, and Third-Party Partners as well. The event will be streamed live on QUByte Interactive Youtube channel, reinforcing the company's global performance."With QUByte Connect 2020, in addition to showing great titles to the players, we will reinforce the talent of Brazilian developers in producing games with high quality and appeal to the global market," says Marivaldo Cabral, QUByte's CEO, who has over ten years of experience in bringing Brazilian games to the world.One of the attractions at QUByte Connect 2020 is Breakers Collection, which features two cult classics of the fighting game genre originally released on Neo Geo and Arcades back in the 90's - QUByte has since acquired the rights to the franchise and is now ready to share what's next.In addition to publishing, QUByte also has a strong presence in game development, which makes QUByte Connect 2020 the perfect venue to show the very first gameplay trailer for its most ambitious title to date - Project Colonies: MARS 2120, a 2.5D action adventure game in the vein of the best Metroidvanias, but with a twist.QUByte Connect 2020Presentation: Bruno Carvalho, from QUByte InteractiveDate: Tuesday, September 29thSchedule: 1PM PDT / 4PM EDTWhere to watch: https://bit.ly/3hOB7mHAbout QUByte InteractiveBrazilian game developer and publisher focused on delivering high quality games across the most diverse platforms, from mobile to video game consoles, with business partners in several countries like the USA, Canada, Germany, Japan and China.Media ContactAna Luiza Gurgelfirstname.lastname@example.orgPhotos: (Click photo to enlarge) Read Full Story - QUByte Connect 2020 - Digital Event by QUByte Interactive | More news from this sourcePress release distribution by PRLog
Latest Market Analysis Research Report on “Global Performance Apparel Market 2020” has been added to Wise Guy Reports database.
Program will focus on combat-wounded veterans suffering from PTSD, TBI, and pandemic-related stress WASHINGTON - September 23, 2020 - (Newswire.com) ​​​​For the past 15 years, Give an Hour®​ has provided no-cost mental health services to our nation’s most honored heroes: military service members, veterans, and their loved ones. This generous grant of $25,000 from Coalition to Salute America’s Heroes (Coalition) will focus on rebuilding the lives of severely wounded veterans suffering from PTSD, TBI, and pandemic-related stress. “This project will enable Give an Hour®​ and the Coalition to Salute America’s Heroes to aid those who have given so much to our country in a timely and practical way—expanding our organizations’ capabilities and reach well beyond what either could do alone,” said Randy Phelps, Ph.D., CEO of Give an Hour®. “We look forward to working with the Coalition in the years ahead to serving those who have served, sacrificed, and need our care.” Give an Hour®​ will assign a referral specialist to work closely with the Coalition to match clients to a volunteer mental health provider. Referrals will come from veterans and their loved ones that reach out to the Coalition through its Advocacy Program, Emergency Financial Aid Program, Caregiver Alliance, and the Veteran Circle Program. This will allow the Coalition to assist in ways that were not possible before. “I am delighted that the Coalition will now be able to offer an important, tangible service to dozens of men and women, and their families, who are struggling with the often-debilitating manifestations of post-traumatic stress, traumatic brain injuries and the on-going stresses associated with the COVID-19 pandemic,” said David Walker, President & CEO of the Coalition to Salute America’s Heroes. “We have been impressed with Give an Hour®​’s work for some time, and we’re proud to join forces with them and their network of volunteer mental health professionals.” Give an Hour®’s mission is to develop national networks of volunteers capable of responding to both acute and chronic conditions that arise within our society. By harnessing the skill and expertise of volunteer professionals, Give an Hour®​ is able to increase the likelihood that those in need receive the support and care they deserve. “I speak to combat-wounded veterans all day, every day, and the demand for professional mental health support is unrelenting,” said Whitney Hanrahan, Case Manager/Advocate Coordinator for the Coalition. “Our partnership with Give an Hour® enables us to immediately and directly address these issues with our constituents.” ### About Give an Hour®​ Give an Hour®​ is a national nonprofit 501(c)(3), founded in September 2005 by Dr. Barbara Van Dahlen, a licensed clinical psychologist. Give an Hour® has provided over 325,000 hours of free mental health services to veterans, service members, and their families, as well as to victims of natural and man-made disasters like mass violence. Give an Hour® believes that within communities lies the resources to address many of the challenges that face society – challenges that often result in emotional pain and suffering. By harnessing the skills and generosity of citizens across the nation and around the world, Give an Hour® provides those in need with help and hope. www.giveanhour.org About the Coalition Since its establishment in 2004, the Coalition to Salute America’s Heroes has provided an immediate, invaluable lifeline to thousands of America’s combat-wounded veterans. The Leesburg, Va.-based organization is distinguished from other veteran-focused groups by its direct financial assistance to America’s wounded heroes. Its Emergency Financial Aid program has stopped foreclosure proceedings on veterans’ homes and kept their vehicles from being repossessed. Its innovative Heroes Thanking Heroes program provides transitional, part-time, flexible employment to nearly 50 combat-wounded veterans or their primary caregivers, enabling them to make phone calls from their homes, usually to personally thank donors for their contributions to the Coalition. For more information about Coalition to Salute America’s Heroes, visit www.saluteheroes.org. # # # Contact Give an Hour®:Sally CharneyDirector of Marketing and Special Partnershipsscharney@giveanhour.org Related LinksGive an HourCoalition to Salute America's Heroes Press Release Service by Newswire.com Original Source: Give an Hour® Awarded a Grant From Coalition to Salute America's Heroes to Provide Mental Health Counseling to Veterans
New Medicare data show Aledade prevented 10,000 hospitalizations in 2019 as three-fourths of Aledade's MSSP ACOs earned shared savings BETHESDA, Md. - September 23, 2020 - (Newswire.com) ​​​​Today, Aledade, Inc. announced that its accountable care organizations (ACOs) with commercial payers, Medicaid, Medicare Advantage, and the Medicare Shared Savings Program (MSSP) have saved more than $400 million across the health care system in five years by helping patients receive higher-quality care, with over half of that value created in the past year. In 2019 alone, independent primary care practices in Aledade contracts with commercial and government payers saved more than $200 million in health care spending while delivering better care to more than 620,000 Americans. New data from the Centers for Medicare and Medicaid Services (CMS) show that, in 2019, Aledade’s MSSP ACOs prevented 10,000 hospitalizations for Medicare beneficiaries and saved Medicare more than $180 million in unnecessary health care spending. Nearly half of these savings were kept by CMS and the American taxpayer, and the majority ($55 million) of the remainder went directly to physician practices. “Six years ago, we made a bold wager - that by empowering small, independent primary care practices you could change the face of health care,” said Farzad Mostashari, MD, CEO and co-founder of Aledade. “Those primary care practices are delivering on that promise. Thanks to years of hard work and collective effort, our nationwide network of hundreds of primary care practices has proven, across states and across payers, that you can reduce spending in health care and you can do it the right way: by helping patients stay healthy rather than waiting for them to get sick.” By emphasizing prevention and expanding access to primary care services, every Aledade Medicare ACO achieved an average quality score of more than 90 percent for the year, with every single practice working with Aledade earning the “exceptional performance bonus” in the Merit-based Incentive Payment System. Aledade ACOs in Medicare Advantage have earned an average of 4 STARS, often making significant improvements. In North Carolina, for example, practices improved their Medicare Advantage STARS rating from 3.0 to 4.5 after just one year of working with Aledade. These quality metrics reflect real-world improvements in patient care. For instance, the nearly 5,000 independent physicians practicing in Aledade’s Medicare ACOs in 2019 reduced patient stays in hospitals by an average of nine percent, avoiding more than 10,000 hospitalizations. Aledade Medicare ACOs increased primary care services by 7.5 percent between 2018 and 2019, leading to 90,000 more visits between patients and their primary care physician. With Aledade’s technology and on-the-ground support, patients of practices in Aledade ACOs received better blood pressure screening, A1C control, and rates of cancer screening. They got more flu shots, and finally got help quitting smoking. These results, the 90,000 additional primary care visits, the more than 224,000 annual wellness visits, and the more than 17,000 transitional care management appointments, all mark the product of years of work by Aledade and its partner practices, resulting in best practices and workflow transformation insights that allow this model to be replicated across payers and in geographically diverse communities, to rapidly improve patient care and thereby earn shared savings. Aledade ACOs are also proving that, with the right partner, value-based programs done right can produce impressive and accumulating results. Last year, every single one of Aledade’s ACOs that started in 2016 earned shared savings. This year, every single one of Aledade’s ACOs entering Medicare's brand new Pathways to Success program earned savings. Overall, more than 95 percent of ACOs in operation for three years earned shared savings. Several of Aledade’s MSSP ACOs saw especially impressive results last year: As the MSSP program transitioned to its new “Pathways to Success” structure in 2019, Aledade successfully navigated the new rules to ensure that the growth of value-based care continued without interruption. In January 2019, Aledade launched a multi-state ACO, called Opportunity ACO, which allowed physicians in Alabama, Pennsylvania, Georgia, Kansas, South Carolina, Florida, North Carolina, West Virginia, Virginia, and Maryland to come together and get the benefits of joining an ACO as soon as possible for the 75,000 lives in their care. By working with Aledade, they beat CMS cost expectations by $34 million in 2019, earning the physicians and the ACO $17 million in shared savings.​ Aledade ACO physicians in Louisiana, who have worked with Aledade since 2016, increased their 2019 Medicare revenue by 47 percent, and they also significantly improved blood pressure control for their patients. Over 82 percent of those with hypertension under the care of these physicians have achieved satisfactory blood pressure control. Practices and community health centers in the Appalachia region generated $7 million more in savings than expected in 2019, in just their second year of participation. In Utah, the Aledade ACO earned a quality score of 99 percent while saving $7 million and increasing the Medicare revenue of the practices by 20 percent.​ Aledade’s Kansas Health Center ACO has already generated $2.7 million in savings after starting under the new Pathways to Success rules in July of 2019. Aledade’s ACOs are creating a better experience for patients while lowering costs across the entire system. The results from 2019 show that, across the health care system, ACOs led by physicians, often called “low revenue,” typically create more than twice the Medicare savings per beneficiary than hospital-led ACOs, often known as “high revenue.” According to CMS data, in 2019, physician-led MSSP ACOs had gross per-beneficiary savings of $458 per beneficiary compared to $169 per beneficiary for hospital-led MSSP ACOs. Aledade MSSP ACOs had savings of $490 per beneficiary. In the new Pathways to Success program, physician-led ACOs had per-beneficiary savings of $429 while hospital-led ACOs had per-beneficiary savings of $258. Aledade ACOs had per-beneficiary savings of $663 in Pathways to Success. These savings across Medicare and commercial contracts are supporting small and independent primary care practices across the country at a crucial moment. While lockdowns and social distancing measures have helped keep patients and primary care workers safe during the COVID-19 pandemic, the drastic reduction of in-person visits and the inability of telehealth to fully make up the difference put the finances of small, independent primary care practices in jeopardy. Primary care is traditionally the most underpaid specialty and many practices run on small margins with little in reserves. At just this moment of financial stress, Aledade’s practices will be receiving more than $55 million in shared savings checks from Medicare for 2019, roughly $150,000 per practice on average, an amount equating to about 23 percent of their annual Medicare fee-for-service revenue. Aledade’s 15 commercial contracts will bring in an additional $16.5 million to more than 231 small, independent primary care practices in 15 states. These shared savings payments will provide a much-needed inflow of revenue to keep practice doors open and ensure physicians can serve their communities in this time of need. Aledade’s Accountable Care Organization network has grown since its founding in 2014 and now covers more than 810,000 lives, or patients, across 46 Accountable Care Organizations in 26 states with more than 500 participating practices. In addition to rapidly expanding its value-based model to more communities, payers, and populations, Aledade is also leading the industry when it comes to accepting higher levels of financial risk. In 2020, 32 of Aledade’s 76 contracts are embracing risk, compared with 17 of 67 in 2019, and four of 31 in 2018. About Aledade Founded in 2014, Aledade partners with independent practices, health centers, and clinics to build and lead Accountable Care Organizations (ACOs) anchored in primary care. Through these ACOs, Aledade empowers physicians to stay independent, practice medicine like they’ve always wanted to, and thrive financially by keeping people healthy. Aledade offers a comprehensive range of capabilities that includes cutting-edge data analytics, user-friendly guided workflows, unparalleled regulatory expertise, strong payer relationships, and local, hands-on support from attentive experts. In true alignment with more than 7,300 participating providers in 26 states, Aledade shares in the risk and reward across over 76 value-based government and commercial contracts representing more than 810,000 lives under management. To learn more, visit www.aledade.com or follow on Twitter or Facebook. For more information:Brian Chiglinskypress@aledade.com (540) 761-9786 Press Release Service by Newswire.com Original Source: By Helping Nearly a Million Patients Get Better Care, Aledade ACOs Have Saved More Than $400 Million in Wasteful Health Care Spending
SAN FRANCISCO - September 23, 2020 - (Newswire.com) ​​​Digital signage and experience platform Raydiant today announced the launch of a new initiative that petitions small business review platforms to stop allowing users to leave negative reviews for issues caused by third-party delivery providers. The COVID-19 pandemic forced companies of all sizes to adapt their operations to stay in business. Arguably, one of the businesses most affected by the pandemic were restaurants that were forced to close their in-location dining and shift to options such as delivery and curbside pickup. As part of this shift, many restaurants began using third-party delivery providers such as UberEats, DoorDash, GrubHub, and Postmates. These delivery providers serve as a platform to connect independent delivery drivers to deliver meals to the delivery app customers. Issues related to the delivery experience, such as order delays and poor driver communication, are outside the control of restaurants. Yet, many of these restaurants continue to receive negative reviews from users on platforms such as TripAdvisor, Yelp, and Google for third-party delivery app issues that happen after the food has left the kitchen. One restaurant owner who asked to remain anonymous said, “We’re getting roasted on Yelp because of DoorDash- and Postmates-related delivery issues. Their drivers take too long to deliver food or are rude, then they go to Yelp and leave us a bad review. We’ve requested to have reviews like this taken down but have never heard back.” Raydiant's new initiative called Karen’s Killer Reviews aims to petition the review platforms to develop a solution that ensures these reviews are quickly removed. The campaign features billboards, taxi signs, and other outdoor media in San Diego, San Francisco, and New York City. Bobby Marhamat, CEO of Raydiant, said, “We’ve been on the front lines with our brick-and-mortar and restaurant partners since March and the idea for this initiative came after speaking with several restaurants and hearing them complain about the problem they were having with reviews caused by third-party delivery issues. Most of them were too afraid to publicly complain about this but as a company, we, fortunately, don't have to worry about the impact that can come from receiving negative Yelp reviews. So we decided to do something about this. We believe deeply that restaurant owners and their staff work way too hard to have their business put at risk by unsympathetic reviewers and review platforms that care more about making money than they do serving and supporting business owners.” The campaign aims to attract 100,000 signatures which will be mailed directly to Yelp. Since launching last week, the initiative has been signed by over 9,400 people. To sign the petition, visit www.KarensKillerReviews.com. About Raydiant Raydiant helps brick-and-mortar businesses create memorable in-store experiences by transforming their TVs into interactive digital signage that drive messaging, sales, and engagement. By simply plugging Raydiant’s hardware into any TV, users have access to our full experience platform where they can create and manage their in-store experience from anywhere. Founded in April 2017 and formerly known as Mira, Raydiant is backed by technology investors, including Bloomberg, Inc., Transmedia Capital, 8VC, Atomic Ventures, and Ron Conway. Media Contact Holly@frontlines.io Press Release Service by Newswire.com Original Source: New Billboard Campaign Petitions Business Review Platforms to Stop Allowing Negative Reviews for Third-Party Delivery Issues
REDMOND, Wash. - September 23, 2020 - (Newswire.com) StockCharts.com has announced the official launch of its new interactive, full-screen Advanced Charting Platform: StockChartsACP. Designed to bring online investors a dynamic, ultra-flexible, all-in-one charting package, the platform is the next generation of StockCharts technology and arguably the company's most significant new feature addition since the launch of its legacy charting workbench SharpCharts. StockChartsACP features a highly interactive, customizable user experience with multi-chart layouts, real-time streaming data and dozens of indicators, overlays and exclusive plug-ins from a variety of renowned technical analysts. On Sept. 22, as part of the launch, the company presented a unique two-hour live-streamed launch event on its 24/7 web TV channel StockCharts TV. The event was jointly hosted by StockCharts founder and President Chip Anderson, Vice President of Operations Grayson Roze and Chief Market Strategist David Keller. Titled "Introducing StockChartsACP: The Future of Technical Analysis," the presentation featured discussions with distinguished charting experts including John Murphy, Ralph Acampora, Martin Pring, Larry Williams, Arthur Hill, Dave Landry and Mish Schneider. Guests explored the features of ACP, showcasing how they use the platform in their own approaches to analyzing the financial markets. Closing out the presentation, Anderson was joined by Dan Raju, CEO and co-founder of Tradier Brokerage. Expanding upon the existing equities trading integration in StockChartsACP, Raju and Anderson unveiled the addition of flat-rate $25/month unlimited options trading for Tradier customers, directly within StockChartsACP. "Behind the scenes, StockChartsACP has been a massive team effort for more than three years," Roze said. "To see this new platform come to life is one thing, but the incredible reception to it amongst our users, that has just been a true joy. With interactive charting experiences, the unique plug-in model and the expanded trading capabilities through Tradier Brokerage, this really is the start of a bright new future for StockCharts and our thriving community of online chartists." StockChartsACP is available now on StockCharts.com. Users can explore the extensive charting features of the platform for free simply by visiting StockCharts.com/acp from their desktop, laptop or tablet. More information can be found at StockCharts.com/features/acp/. "Introducing StockChartsACP" is available to watch on the StockCharts YouTube channel at YouTube.com/stockchartscom. About StockCharts StockCharts.com is the web's leading technical analysis and financial charting platform for online retail investors. Founded in 1999 by early Microsoft developer Chip Anderson, the company has been an industry leader in the financial technology space for nearly two decades, providing innovative, award-winning charting and analysis tools to a global audience. By using technology to help investors visualize financial data, StockCharts.com allows users to better analyze the markets, monitor and manage their portfolios, find promising new stocks and funds to buy, and ultimately make smart, well-timed investment decisions. With over 1.5 million active monthly users and counting around the world, the company serves an ever-growing, ever-changing array of active traders and investors. For press related inquiries, please contact us at email@example.com. Press Release Service by Newswire.com Original Source: StockCharts.com Launches New Interactive, Full-Screen Advanced Technical Charting and Trading Platform: StockChartsACP
BitMart, a premier global digital asset trading platform, recently announced the listing of Loopring (LRC). As officially announced, BitMart users can now start deposit LRC, and LRC/USDT trading pair will be available starting from 10:00 PM EDT on September 22. Loopring is a protocol for scalable, secure exchanges, and payments on Ethereum using zkRollup. As a decentralized exchange (DEX), Loopring promotes the DeFi trading market’s liquidity together with a centralized exchange (CEX) platform like BitMart. Functioning as a bridge between the secondary market and DeFi, Loopring as DEX can meet the needs of DeFi investors and strengthen the DeFi ecosystem. Loopring.io is the first publicly accessible zkRollup exchange on Ethereum mainnet. It is 100% non-custodial, inheriting Ethereum-level security guarantees while performing at a throughput 1000x more significant than the current state of the art layer-1 DEXs. “If a DeFi project token is only circulated on DEX without the participation from the secondary market, it will prevent some people from getting involved,” said Sheldon Xia, Founder and CEO at BitMart, “CEX bridges the gap between DeFi and external investors, lowering the barriers of trading for most novice users. We are excited to list Loopring on our platform to provide diverse choices for our users and also increase BitMart’s leadership impact in the DeFi ecosystem.” About BitMartBitMart Exchange is a premier global digital asset trading platform in the cryptocurrency market with over 2 million users worldwide and ranked among the top 10 crypto exchanges on CoinMarketCap. BitMart currently offers 400+ trading pairs with one of the lowest trading fees in the market. To learn more about BitMart, visit their website. Follow their Twitter, or join their Telegram for more updated news and promotions. Download BitMart App to trade anytime, anywhere: https://www.bitmart.com/app/en. About LoopringLoopring Exchange (Loopring.io) is the first decentralized trading platform built on top of Loopring 3.0. Loopring's objective is to design and engineer the best-in-class orderbook-based DEX protocol on Ethereum. Now you can trade with MetaMask and multiple WalletConnect-compatible wallets. It allows anyone to build high-throughput, non-custodial, orderbook-based exchanges on Ethereum by leveraging Zero-Knowledge Proofs.
Crypto finance firms widely share one mission statement: to offer a platform that enables retail and institutional crypto market participants to trade, invest, finance, and earn crypto. We've thought long and hard about the best way to pool our integrated services for all market participants. We're proud to announce that this vision has materialized in our latest offering: the Amber App. It’s time to drive forward the democratization of crypto finance. What we’re witnessing today in crypto finance is a rapid shift from pure-play to integrated crypto finance services. The adapt or die mentality is turning the focus away from specialization to the end-to-end service model. Companies building with this full-stack approach own the entire operational stack, offering the end-user a better product experience while retaining a more significant share of the economic pie over time. Today’s headlines seem to heavily focus on one narrative: the race to become the "prime brokerage" or crypto "bank." But it isn't a throne. There is room for more than one player at the table. Hence why we believe this narrative focuses on the trees and not the forest. Taking the forest view means asking a larger question: who will become leaders in the race to democratize crypto finance services in the coming years? In an age of consolidation, integrated crypto finance platforms without a clear competitive advantage bear a heavy burden-- remaining undifferentiated. We believe that being full-stack is more necessary than ever before, but also realize that its adoption can be an Achilles heel. The key (and challenge) to building a full-stack operation is to scale with speed while maintaining a defensible edge. First-mover advantage is an all-too-familiar game-theoretic concept where a player in a game can ensure a higher payoff merely by making the first move. In economic terms, the first mover to enter a new market can gain a commercial edge over potential competitors due to advantages such as greater economies of scale. But taking a step back and surveying the crypto Wild West tells you that whoever draws first doesn't necessarily win. The first mover may experience short-term gains, but the first scaler is more likely to secure a long-term competitive advantage. In his book Zero to One, Peter Thiel talks about the merits of last-mover advantage: "whoever is first to dominate the most important segment of a market with viral potential will be the last mover in the whole market" . In other words, the first scaler may also be the last mover. “Sequencing markets correctly is underrated, and it takes discipline to expand gradually. The most successful companies make the core progression — to first dominate a specific niche and then scale to adjacent markets — a part of their founding narrative.” - Peter Thiel However, successfully sequencing into other markets may sometimes contradict the recipe for building a full-stack business. Sequencing requires specialization around a core product. Amazon, for example, initially focused on cornering the online bookstore market and gradually entered other niche markets such as music and software. The e-commerce giant is now “the world’s general store.” Building a full-stack startup, on the other hand, may require capturing the entire value chain from the get-go. Integrated crypto finance platforms entering the game now likely find it necessary to build a wide variety of solutions either in-house or through strategic partnerships and acquisitions. Unlike traditional tech or finance, the crypto industry moves at the speed of "that should've been done yesterday." How can companies dominate a specific market segment while also remaining relevant to a broad user base? The challenge in building a crypto finance platform is to grow network effects in an industry with an increasingly overlapping client base. Investors are becoming more sophisticated, and companies are racing to satisfy shared needs around trading, investing, financing, and storing crypto assets. With the emergence of more "copy-cat" business models, it's no surprise that the arena is becoming fiercely competitive. Democratizing crypto finance means offering greater accessibility to financial products and opportunities to economic gains. We think deeply and often about this pursuit and believe it can be achieved through: understanding the crypto capital markets, adapting to user mobility, and building for the long term. The psychological division of the crypto capital marketsThere's long been a psychological division between the retail and institutional markets. For example, the term "institutional-grade" often refers to elements of security, regulation, efficiency, or trust. We think the same applies to retail, but strangely enough, no one says, "retail-grade." We need to change this underlying narrative. Many venues may think of and treat retail as merely unsophisticated gamblers incapable of making sound financial decisions, but this is a dangerous assumption that leads to short-term thinking. Just as crypto finance platforms assume institutions are fully competent, we should also assume retail investors have the same rigorous expectations for participating in crypto finance, only with a smaller capital base and a greater need for financial education. The platform is responsible for educating and positioning investors to best leverage crypto finance tools for long-term success, which starts with providing both retail and institutional investors with equal access to sophisticated crypto finance offerings. We find that the companies best positioned to lead are intimately aware of the evolving crypto market structure and market participants’ needs. We’ve previously written about the three stages of crypto market maturation: ● Growth and diversification of infrastructure providers in the crypto-asset ecosystem servicing the various needs of retail and institutional customers ● Consolidation and competition in global markets amongst infrastructure service providers ● The professionalism of the crypto capital markets and dominance of select sophisticated institutional-grade players replacing certain traditional financial intermediaries We are quickly entering the early phases of consolidation and competition. 2020 has experienced sustained growth in retail and institutional interest. On the desk, we are seeing steady strength in the number of clients onboarded and volumes transacted through our franchise. In parallel with the rise in trading volumes, we’ve seen Tether (USDT) volumes climb past $15bn amid a burgeoning stablecoin market. Stablecoins enable faster capital mobility and have become the go-to on/off-ramp solution for many investors, bringing down the barrier to crypto finance. As a reliable value transfer mechanism, stablecoins are responsible for driving a large part of volumes in both decentralized finance and their centralized counterparts. The crypto derivatives market is another major catalyst for increasing retail and institutional participation. Instead of purely short selling or leveraging long assets, traders can now execute a much wider surface area of trading strategies with the availability of more diverse and flexible financial instruments. Traditionally, derivatives trading volumes dwarf the physical volumes in commodities. We have not seen this develop in crypto yet, but gradual improvements in execution and settlement infrastructure coupled with growing hedging and speculative demands, are driving greater use of futures and options. Interestingly, Bitcoin volatility has been underperforming S&P500 volatility on a daily basis over the medium to long term. This could present opportunities for market participants to be long volatility. Vice versa, participants can short or sell volatility in crypto should it supersede volatility seen in the traditional equity markets. Source: Bitcoin Historical Volatility Index against VIX (TradingView) Adapting to optionalityWith optionality comes high user mobility. Users will flock to whichever platform they find with better products and services that suit their needs. But it's challenging to differentiate between firms in the highly fragmented crypto finance industry where offerings are “same, same but different.” High user mobility means that there's a faster feedback loop for business decisions . We've quickly realized that retail and institutional investors’ shared needs revolve around a core expectation: capital efficiency and flexibility. In other words, doing more with your capital. Gone are the days of locking assets away in cold storage while missing out on yield-generating opportunities. Through the Amber platform, investors may leverage their capital by borrowing funds against their collateral deposits. Investors may also earn interest on crypto and stablecoin deposits while using those assets to margin trade or fund an options trade. Building with intentAbove all else, as active market participants, we believe through and through that the crypto markets are here to stay. The key to scalability and survival is to build with intent and leverage operational velocity. Over the past few years, OTC venues have become the predominant channel for executing large-sized crypto-to-crypto and crypto-to-fiat trades. To date, we’ve traded over $200bn through our voice and electronic price streaming services and are one of the predominant OTC venues in Asia with over 200 institutional clients globally. Having traded through crypto market booms and busts, we've enhanced the existing platform to provide clients with a more seamless trading experience and greater access to yield capture opportunities in both the centralized and decentralized markets. Introducing the Amber AppThe Amber App is a culmination of years of experience innovating on crypto finance rails for the institutional market. We've re-engineered the platform to offer both sophisticated crypto investors and non-crypto natives a set of highly-intuitive crypto finance tools that enables investors to participate in the crypto markets for the long term. Specifically, the Amber App is designed to help investors achieve optimal investment returns through market-leading interest rate products, yield enhancement and risk management tools. To start, investors will be able to take advantage of Amber EARN, our fixed income investment offering: ● Customizable tenors with attractive interest rates ● Same-day asset redemption ● Capital efficiency through earning interest on deposits and using Earn assets as collateral for margin tradingBuilding for the sake of out-competing the next entrant is a defensive strategy to survive and avoid the threat of consolidation. But scaling to democratize crypto finance calls for consistent product innovation and creating an economic moat with a definite long-term edge. Amber Group is advancing mainstream adoption by democratizing crypto finance at your fingertips. We’re only getting started. Sources : Thiel, Peter. Zero to One. 2014: Hasu. “The Great Race to Crypto Banking.” 2020