HONG KONG, Mar 3, 2022 - (ACN Newswire via SEAPRWire.com) - BVarb LTD [BVarb.com], a company and platform that provides entertainment in terms of staking, arbitrage, Metaverse, and altcoins, has announced the launch of its arbitrage and staking algorithm. This algorithm will help everyone learn about cryptocurrencies and blockchain technology while educating them on how to use all of BVarb.com's products.BVarb.com understands, in totality, the complicated nature of blockchain and the crypto market - concepts, terminologies, and projects. It recognizes the hassle most prospective users have had to overcome to become renowned traders. Recognizing and understanding these pertinent concerns, BVarb.com will seek to open a plethora of doors for users, delivering group and individual solutions that will not only aid understanding but will also create wealth.BVarb.com has been designed to cover numerous aspects of the market, ranging from the current buzzing trend, Metaverse, to NFTs, as well as other low-risk markets like staking and arbitrage. BVarb.com aims at not only performing arbitrage on digital assets, but it will hope to deliver them on fiat to crypto-assets and vice versa.In the last couple of years, staking was considered a low-risk activity but the present rug pulls, blockchain difficulty, fluctuations of coin price, inability to evaluate platforms and usage complications have turned this activity into a high-risk one, requiring due diligence. BVarb.com fully comprehends this and to address the problem, the company has set up a team of dedicated and experienced experts that will review, examine, and analyze existing projects. After all of these are carried out, BVarb.com will pick out the best staking protocol.BVarb.com currently channels a part of its investment portfolio into staking protocols.BVarb.com is accepting members subject to registration and a beta test of its arbitrage algorithm. BVarb.com does this to ensure that they can navigate the arbitrage ecosystem efficiently and that it is tested on multiple blockchains.BVarb.com will delve into the concept of Metaverse as well. It is one of the few platforms set to open a virtual office on Decentraland. The office, according to the founding team, will serve as a place where members can connect and interact.Finding an ideal platform to learn about the crypto market and blockchain technology can be a tad bit difficult. BVarb.com is aware of this major challenge and through this algorithm, it will seek to resolve the sticking point by offering prospective crypto traders a fine opportunity to educate themselves on the unique concept of cryptocurrencies.BVarb.com aims at delivering this promise in a hassle-free manner.About BVarb LTD This is a company that provides entertainment in terms of staking, arbitrage, NFTs, altcoins, Metaverse, etc. BVarb.com sets out to distinguish itself from others by integrating the essence of prediction. By leveraging cutting-edge technology like robotics, big data, artificial intelligence, and software algorithms, BVarb.com will aim to offer error-free predictions, making it the ideal platform for arbitrage fans looking to make the most out of their trades.Media ContactCompany: BVarb LTDContact: Adam J, PR ManagerEmail: support@bvarb.comWebsite: www.bvarb.comSOURCE: BVarb LTD Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
New York, NY / December 23, 2021 /SEAPRWire / – I Want You (IWY) NFT, an emerging secret society within the metaverse, has announced the launch of its platform. A collection of 7,777 unique NFTs spotlighting characters created from over 150 traits, they are all custom-made and registered on the Ethereum blockchain. There is a chance of exactly zero cost that everyone will have the opportunity to own one of these NFTs by simply participating in competitions, giveaways, and becoming wholly involved in the project. IWY has introduced the Meta Prize system, a mechanism for no-loss prize money funds based on the Binance Smart Chain (BSC) and Ethereum blockchains. Modeled after the prize-savings account, Meta Prize offers users an opportunity to win a ton of prizes in exchange for depositing funds. For users who do not win, they can simply save their funds and have them transferred back anytime they see fit. I Want You is reshaping the Meta Prize system by adding 30% of royalties from IWY NFT sales every month, making the prizes to be won bigger and the profit to be made by an NFT holder higher. IWY is seeking to distinguish itself from other NFT projects by leveraging the Meta Prize model. Once you own an NFT, you become an owner of Meta Prize—guaranteeing regular rewards and prizes. IWY has written a clear roadmap for the project. The company will introduce the worldwide wild [WWW] quest which will feature a plethora of exciting events. 10 IWY NFT holders will be randomly selected to go on the WWW quest. They are allowed to either pass on the offer or sell their access. IWY also introduced the first Meta Prize algorithm. Each NFT holder will own 50% of the algorithm and each quarter, profits accrued will be shared amongst NFT holders. Also, $50,000 will be donated to a charity duly voted by IWY community members on Discord. Furthermore, plans are underway by the company to release 5 pairs of rare and legendary NFTs impersonating renowned celebrities. Created by a team of experts from diverse industries like affiliate marketing, social media marketing [SMM], investment, crypto, and DeFi, IWY is committed to offering members a truly enriching opportunity while promoting a product-friendly community. In yet another incredible swoop, IWY has introduced a streamlined IWY NFT buying process that would only take a few minutes to set up. Advancing an NFT that makes users real business owners, IWY is on course to change the trajectory of the budding NFT market. About I Want You [IWY] IWY is a famous metaverse company that prides itself as one that allows members to become rich daily, weekly, and monthly. Integrating Meta Prize, IWY is trying to guarantee users rewards for simply depositing money. The launch of its NFTs derived from Uncle Sam’s “I Want You…” posters will not only offer prospective holders a Meta Prize but will see them become members of the growing and beneficial IWY community. Social Links Twitter: https://twitter.com/iwantyou_nft Discord: https://discord.com/invite/iwantyou-nft Instagram: https://www.instagram.com/iwantyou_nft/ Media Contact Brand: I Want You NFT Contact: IWY Marketing Team Email: nft@iwantyou.io Website: https://iwantyou.io/ SOURCE: I Want You NFT The article is provided by a third-party content provider. SEAPRWire ( www.seaprwire.com ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Indonesia, Thailand, Vietnam, Singapore, Malaysia, Philippines & Hong Kong )
NEW YORK, June 10, 2021 Venus Acquisition Corporation (Nasdaq: VENA) ("Venus"), a publicly traded special purpose acquisition company, and VIYI Algorithm Inc. ("VIYI Algo"), a Cayman Islands exempted company operating in China and controlled by WiMi Hologram Cloud, Inc. (NASDAQ: WIMI), announced today that they have entered into a definitive merger agreement. A newly created merger subsidiary of Venus will be merged with and into VIYI Algo with VIYI Algo being the surviving entity and becoming a wholly owned subsidiary of Venus. Upon closing of the transaction, Venus will change its name to MicroAlgo Inc. VIYI ranks as one of the top five Chinese companies for central processing algorithm services. According to the CIC Report, as of 2020, VIYI has captured 5% of the market share for central processing algorithm services provided to internet advertisement and online gaming acceleration industries. VIYI is ideally positioned to grow its revenue quickly as a leading central processing algorithm service provider in China. According to the CIC Report, VIYI is the only company amongst its competitors to provide central processing algorithm service solutions in both internet advertisement and online game acceleration industries. As a result, since 2017, VIYI's revenue growth has been increasing on a cumulative basis, specifically, VIYI has achieved a year-on-year revenue growth rate of 31.9% in 2018, 52.6% in 2019, and 176.8% in 2020. VIYI's diverse range of customers from multiple industries is evidence that its central processing algorithm technology is highly versatile, which allows VIYI to ensure a constant stream of revenue from various sources. VIYI primarily provides central processing algorithm solutions to enterprise customers in three industry verticals: internet advertisement, gaming, and intelligent chips, which translate to a range of customers including advertisement integration agencies, game developers and distributors, electronics manufacturers, internet information infrastructure service providers, and intelligent chip designers and integrators. Having the capability to service customers from a range of industries works to VIYI's advantage because it can derive business from multiple industry sources to ensure a stream of revenue even when one industry faces downturns. Generally, the central processing algorithm services of VIYI achieve computing power acceleration, digital lightweight processing, and intelligent data management and processing. These improvements help VIYI's customers grow and enhance their businesses' operational quality and overall efficiency. Currently, VIYI's central processing algorithm solutions have the following applications to its existing core customers: For customers in the internet advertisement industry, VIYI's proprietary central processing algorithms allow them to effectively optimize advertisement content, match internet traffic, and deliver targeted advertisements to increase conversion rate; For customers in the gaming industry, VIYI provides a platform for distributing games augmented by cloud-based software and hardware optimization and acceleration, dynamic games marketing based on gamer preference, and lightweight data processing solutions to increase VIYI's customers'revenue; For customers in the intelligent chip industry, VIYI provides value-added data processing solutions and optimized hardware for more efficient data services, promoting VIYI's customers'efficiency in developing new technologies. For more information on how VIYI provides services to its customers, please see "Business — VIYI's Business Model." In addition, due to the versatility of VIYI's central processing algorithm solutions and VIYI's proven commitment to research and development, VIYI is well-positioned to continue growing its customer base to reach customers from a broader range of industries that are reforming the way they do business as a result of the rapidly developing information technology, prevalence of smartphones and 5G connectivity, AI, big data, IoT and cloud computing. According to the CIC Report, industry verticals such as government, finance, healthcare, manufacturing, education, and cultural media demand better data processing and management capabilities from an internet advertisement perspective. VIYI believes that its highly versatile central processing algorithm solutions will be ideally suited to meet those demands. For more information on VIYI's expansion plans, please also see "Business — VIYI's Strategies — VIYI plan to expand its central processing algorithm solutions to cover more applications and different industries." VIYI is dedicated to the development and application of bespoke central processing algorithms. VIYI provides comprehensive solutions to customers by integrating central processing algorithms with software or hardware, or both, thereby helping them increase the number of customers, improve end-user satisfaction, achieve direct cost savings, reduce power consumption, and achieve technical goals. The range of VIYI's services include algorithm optimization, accelerating computing power without the need for hardware upgrades, lightweight data processing, and data intelligence services. VIYI's ability to efficiently deliver software and hardware optimization to customers through bespoke central processing algorithms serves as a driving force for VIYI's long-term development. Central processing algorithms refer to a range of computing algorithms, including analytical algorithms, recommendation algorithms, and acceleration algorithms. According to the CIC Report, businesses engaged in internet advertisement, game development, intelligent chip design, finance, retail, and logistics depend on the ability to efficiently process and analyze data with optimized computing software and hardware capable of handling the data workload. Bespoke central processing algorithms suitable to each customer's distinct needs help them achieve this purpose. Currently, VIYI is focused on developing and delivering central processing algorithm solutions to customers engaged in internet advertisement and gaming, and intelligent chips. Moreover, VIYI's customer base is rapidly growing due to the increase in a general demand for more efficient data processing in various industries driven by the growing internet population and prevalence of AI. According to the CIC Report, revenue of central processing algorithm services derived from internet advertisement and online gaming alone has grown from RMB 2.2 billion in 2016 to RMB 6.9 billion in 2020, representing a CAGR of 32.7%. This market is expected to maintain a rapid growth trend, expanding at a CAGR of 15% during the period from 2020 to 2025 in terms of dollar value. In the mid-to-long term, VIYI will continue to adhere to its strategic mindset. By improving upon each iteration of VIYI's one-stop intelligent data management solutions made possible by its proprietary central processing algorithm services, VIYI can help customers to enhance their service efficiency and make model innovations in business, and actively enhance the industry value of the central processing algorithm services in the general field of data intelligent processing industry. Media contact Company Name: Tailor Insight Research Contact Person:Alex Xie, Senior Analyst Email:info@TailorInsight.com Website: http://www.TailorInsight.com
NEW YORK, June 10, 2021 Venus Acquisition Corporation (Nasdaq: VENA) ("Venus"), a publicly traded special purpose acquisition company, and VIYI Algorithm Inc. ("VIYI Algo"), a Cayman Islands exempted company operating in China and controlled by WiMi Hologram Cloud, Inc. (NASDAQ: WIMI), announced today that they have entered into a definitive merger agreement. A newly created merger subsidiary of Venus will be merged with and into VIYI Algo with VIYI Algo being the surviving entity and becoming a wholly owned subsidiary of Venus. Upon closing of the transaction, Venus will change its name to MicroAlgo Inc. The merger is structured as a stock for stock transaction and is intended to qualify as a tax-free reorganization. The terms of the merger provide for a valuation of VIYI Algo and its subsidiaries and businesses of US $400,000,000. VIYI Algo is dedicated to the development and application of bespoke central processing algorithms. Central processing algorithms refer to a range of computing algorithms, including analytical algorithms, recommendation algorithms, and acceleration algorithms. VIYI Algo provides comprehensive solutions to customers by integrating central processing algorithms with software or hardware, or both, thereby helping them to increase the number of customers, improve end-user satisfaction, achieve direct cost savings, reduce power consumption, and achieve technical goals. The range of VIYI Algo's services include algorithm optimization, accelerating computing power without the need for hardware upgrades, lightweight data processing, and data intelligence services. VIYI Algo's ability to efficiently deliver software and hardware optimization to customers through bespoke central processing algorithms serves as a driving force for VIYI Algo's long-term development. Currently, VIYI Algo is focused on developing and delivering central processing algorithm solutions to customers engaged in internet advertisement and gaming, and intelligent chips. VIYI Algo's customer base is rapidly growing due to a general demand for more efficient data processing in various industries driven by the growing internet population and prevalence of AI. In the mid-to-long term, VIYI Algo will continue to adhere to its strategic mindset. By improving upon each iteration of VIYI Algo's one-stop intelligent data management solutions made possible by its proprietary central processing algorithm services, VIYI Algo can help customers to enhance their service efficiency and make model innovations in business, and actively enhance the industry value of the central processing algorithm services in the general field of data intelligent processing industry. VIYI's total revenues increased by approximately RMB 196.6 million, or 176.8%, from approximately RMB 111.2 million for the year ended December 31, 2019, to approximately RMB 307.8 million (USD 47.2 million) for the year ended December 31, 2020, due to an increase of approximately RMB 38.6 million (USD 5.9 million) in central processing algorithm service revenue, and an increase of approximately RMB 158.0 million (USD 24.2 million) in intelligent chips and services revenue. Approximately 78.6% of the increase in intelligent chips and services revenue was due to the acquisition of Fe-da Electronics. VIYI provides central processing algorithm solutions primarily to the internet advertisement, gaming, and intelligent chip industry. VIYI's customers are internet advertising integration agencies, online game developers and distributors, electronics manufacturers, and internet information infrastructure service providers who have entered into contracts with VIYI and used its services pursuant to such contracts during the relevant period. Customers typically enter into a master agreement with VIYI for a fixed term and submit separate requests for each service engagement or product, or for both. For more information on how VIYI enters into business arrangements with VIYI's customers, please see "Business — VIYI's Strengths — Long-term and stable strategic cooperation relationships." According to the CIC Report, VIYI's gaming platform powered by VIYI's proprietary central processing algorithm improves the marketing conversion rate of games by 20% through personalized recommendation, acceleration, and convenient distribution, it also significantly improves gamer experience, reduces the cost to VIYI's customers and improves the retention rate and payment rate of gamers. From an industry demand perspective, game developers, their corporate customers, and marketing agents have been demanding more effective online game licensing solutions in recent years. VIYI has mature technology and customer resources in the field of entertainment and game central processing algorithms. With the development of the market, VIYI will continue to grow on the basis of existing customers and strive for a larger market share.
SHANGHAI, Jan 25, 2021 - (ACN Newswire) - On January 19, 2021, at the internationally authoritative MOT20 Challenge (the benchmark for Multiple Object Tracking), the Multimedia Lab UNISOC algorithm outshone, exceeding 70 on the MOTA index, and wins the global championship! And its the only algorithm with more than 70 points on the MOT20 leaderboards, showing that champ UNISOC has taken the leading position in the field of multiple object tracking.MOT Challenge, the most authoritative evaluation platform for multi-object tracking, was co-founded by Technical University of Munich, the University of Adelaide, Swiss Federal Institute of Technology Zurich and the Technical University of Darmstadt. Participants in the competition include relevant teams from the University of Oxford, Carnegie Mellon University, Tsinghua University, Technical University of Munich, Chinese Academy of Sciences, Microsoft and many other companies, universities and scientific research institutions.MOT20-08 Sequence Result DisplayThe MOT Challenge provides highly accurate annotation data and comprehensive evaluation indexes to evaluate the performance of tracking algorithms and pedestrian detectors. The MOT20 benchmark contains 8 new video sequences, all extremely challenging scenarios. This dataset was first released at the 2019 MOT Challenge Workshop, with an average of 246 pedestrians per frame. A night sequence is added, presenting a challenge to existing MOT algorithms in resolving extremely dense scenarios, algorithm generalization, etc.UNISOC delivers innovation in its algorithm for network structure design, loss function, training data processing, and others. For scenarios not involved in the training set in the competition, UNISOC adopts end-to-end simultaneous detection and pedestrian recognition strategies to ensure real-time performance of the algorithm when it is actually implemented. The network size can be flexibly adjusted for different end-side computing power, and deployment of multiple chip solutions can be flexibly matched.As a key technology for surveillance, vehicles, UAVs and live events, multi-object tracking technology can accurately capture the key information in the video and provide support for further information extraction. It will be widely used in the fields of smart cities, the Internet of Things, etc.In intelligent surveillance scenarios, the algorithm can automatically identify, track, and extract the target from complex scenes, understand the active state of the target, and then realize the scene state monitoring and recognition. The application of multi-object tracking technology can greatly reduce repetitive manual work, and improve work efficiency, the intelligence and security of the monitoring system. In live event scenarios, the algorithm can automatically extract the athletes' motion state, so as to realize the functions of data statistics, automatic broadcast and so on, mining more data value. In the smart vehicle scenarios, the algorithm can obtain the movement information of vehicles and pedestrians on the road, and provide necessary decision data support for applications such as automatic driving, safety assistance, etc.Image algorithms are being deeply integrated into more and more vertical industries, forming multiplier effects, generating innovative businesses and applications that make people's lives better and more convenient. Visit the MOT Challenge official website at https://motchallenge.net/results/MOT20/.About UNISOCUNISOC is a leading fabless semiconductor company committed to R&D in core chipsets for mobile communications and IoT. With 4,500 staff, 17 R&D centres, and 7 customer support centres in locations around the world, UNISOC is one of the largest chipset providers for IoT and connectivity devices in China, a global top 3 mobile chipset supplier, and the leading 5G company in the world. Please visit http://www.unisoc.com.Media ContactCompany: UNISOC Technologies Co., LtdContact: Yueying Tang, PR TeamE-mail: yueying.tang@unisoc.com Copyright 2021 ACN Newswire. All rights reserved. www.acnnewswire.com



