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Unveiling the Food, Beverage & Restaurant Trends Set to Revolutionize Dining Experiences in 2024

YourUpdateTV

Whether you're indulging in a quick bite on the go or savoring an elegant, fine dining experience, discover how restaurants are integrating fresh flavors, cutting-edge technology, and eco-friendly solutions to transform your dining experience. A nationwide media tour was conducted live from the National Restaurant Association Restaurant, Hotel-Motel Show®, featured industry experts Christine Johnson and Caitlin Rodgers, who provided an exclusive, behind-the-scenes look at the latest food trends and culinary innovations that are setting the stage for the future of dining. A video accompanying this announcement is available at: https://youtu.be/4mSjocVU8Rg Topics that were discussed with stations across the country live from McCormick Place in Chicago at the National Restaurant Association Show included: • The latest restaurant industry trends, news, and insights from the Show floor. • The dynamic mix of flavors that are igniting creativity and innovation in food and beverage menus across the nation. • How technology is elevating the dining experience — from enhancing customer loyalty to automating pick-up and drive-through ordering • Advancements in sustainability and zero-waste initiatives. The National Restaurant Association Restaurant Show stands as the epicenter of foodservice innovation and inspiration, the most pivotal, must-attend event for professionals from every corner of the industry. This year, the Show attracted more than 58,000 foodservice professionals from across the United States and around the globe, representing 124 countries. The Show floor spanned over 723,400 square feet—over 12 football fields—offering attendees the opportunity to explore products and services from 2,240 exhibitors across more than 900 categories. Plans are already underway for the 2025 National Restaurant Association Show, which will take place from May 17-20 at McCormick Place in Chicago. For more information and to relive the highlights of the 2024 Show, visit www.nationalrestaurantshow.com. ### About The National Restaurant Association Show The National Restaurant Association Restaurant, Hotel-Motel Show® is the Western Hemisphere's most influential foodservice event showcasing industry innovations and trends. Each year (starting in 1919), the Show brings together restaurant operators and foodservice professionals for four days of celebrity-led demos, exhibits, sampling, education and networking. The Show unites a global community and enables exploration of the latest advancements in food, beverage, equipment, technology and solutions driving the industry forward. The Show is owned and operated by Informa in partnership with the National Restaurant Association. Visit www.nationalrestaurantshow.com for more information. About Informa Informa is a leading international B2B markets, live and on-demand events and digital services group. They connect businesses and professionals in 30+ industries with the knowledge they need to learn more, know more and do more. Informa has hundreds of global brands, products and services and employs 11,000 employees in ~30 countries worldwide. Informa Connect is a content-led, live and on-demand experiences business which connects professionals with knowledge, ideas and opportunities. Informa Connect, a community of over 1,000 colleagues globally, offers connection through events, media and research. They service a number of different industries including Foodservice, Finance, Bio Tech and Pharma, Pop Culture, Marketing, Law, Energy, HR, Sustainability, Construction. Visit Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

June 18, 2024 03:19 PM Eastern Daylight Time

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News Direct Digest of Content Published on AffiliateAvenue June 13 -18

News Direct

The following content was published on AffiliateAvenue from June 13-18: Our Favorite Car Sun Shades of 2024: Reviewed Beat the heat and protect your car's interior with the best car sun shades on the market. Find out which one reigns supreme with our comparison! The Best Car Chargers We’ve Reviewed in 2024 Never run out of battery on the go! Check out our top picks for the best car chargers that will keep your devices powered up all day long. Reviewing the Internet’s Favorite USB-C Car Chargers of 2024 Rev up your charging game with the best USB-C car chargers on the market! Don't settle for a dead battery on the road - check out our comparison now. Our Honest Review of The 7 Best Puppy Play Pens of 2024 Discover the best puppy play pens on the market! Keep your furry friend safe and happy with these top-rated options. Compare now! Reviewing the Internet's Favorite MagSafe Car Chargers of 2024 Never run out of juice on a road trip again! Check out our comparison of the top MagSafe car chargers and enjoy seamless charging on the go. The Most Effective Car Alarm Systems of 2024 Protect your ride with the best car alarm systems on the market! Our comparison will reveal the top picks for unbeatable security and peace of mind. Best Tire Repair Kit of 2024 Don't let a flat tire ruin your day! Check out our top-rated tire repair kits and hit the road with confidence. About AffiliateAvenue Affiliate Avenue is the newswire industry’s first and only affiliate marketing product that leverages the significant domain authority and traffic volume enjoyed by newsdirect.com to enable content marketing professionals and agencies to monetize content from in-demand market segments and categories. About News Direct News Direct is a technology-driven content distribution and amplification platform for PR, IR, corporate communications and marketing professionals. Our automated platform delivers a completely reimagined, modernized user experience for newswire users that has reshaped the industry landscape. Additionally, the company has expanded its offerings to include an array of technology-enhanced message amplification tools ranging from sponsored content to podcasting products, all from a single online destination. Contact Details News Direct Corp. Media at News Direct +1 917-698-4131 Company Website http://www.newsdirect.com

June 18, 2024 03:17 PM Eastern Daylight Time

Rack Room Shoes Announces Winners of the 2024 Teacher of the Year Contest

Rack Room Shoes

Rack Room Shoes, held its annual Teacher of the Year contest, which allows customers to nominate deserving and dedicated teachers who have made a positive and influential impact. Each winning teacher is awarded a $10,000 technology grant for their school and a $500 Rack Room Shoes gift card. After a thorough selection process, Rack Room Shoes is proud to recognize five outstanding teachers: Glorian Cardona, a first-grade teacher at St. Joseph Catholic Parish School in Athens, Georgia Hilary Hadley, a first-grade teacher at Coosa Valley Elementary in Cropwell, Alabama Kendria Jones, a ninth-grade teacher at Pine Bluff Junior High in Pine Bluff, Arkansas Grace Norton, a first-grade teacher at Northern Elementary in Lexington, Kentucky and Shantana Valdez, a middle school teacher at Santa Rosa Middle School in Santa Rosa, New Mexico The 2024 Teacher of the Year Contest began with an open call for nominations, inviting individuals from across the country to share stories of their favorite teachers and how these educators have positively influenced their lives or the lives of their children. More than 388 teachers were nominated, each deserving recognition for their exceptional dedication. After a public vote period, the five winning teachers were chosen. "We are honored to recognize these exceptional teachers who have gone above and beyond to shape the lives of their students," said Brenda Christmon, senior director of brand communications at Rack Room Shoes. "Their dedication, passion, and commitment to education inspire us all. Through this contest, we aim to celebrate their remarkable achievements." In previous years of the contest, the schools in need of technology used their grants to buy iPads for classrooms, podcast equipment, Apple TVs, Smartboards, STEM teaching support materials, and even equipped an entire special needs classroom with new desks. The Teacher of the Year Contest is a testament to Rack Room Shoes' commitment to making an impact in the communities we serve. About Rack Room Shoes Headquartered in Charlotte, N.C., Rack Room Shoes is known as an innovator in the shoe industry for over 100 years. Rack Room Shoes operates more than 520 locations nationwide under the Rack Room Shoes and Off Broadway Shoe Warehouse brands. Both brands offer a great variety of on-trend styles for women, men and children in athletic, comfort and dress categories, while providing a delightful and trusted shopping experience for our valued customers. Through Rack Room Shoes Gives, our ongoing philanthropic program, we provide ways in which customers and employees can seek support for charitable organizations, instilling trust and inspiration in the communities we serve. Contact Details Dejah Gilliam +1 704-501-4567 dejah.gilliam@rackroom.com Brenda Christmon +1 704-491-1850 brenda.christmon@rackroom.com

June 18, 2024 01:12 PM Eastern Daylight Time

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Dr. Fang Miao Wins Stevie Award For Thought Leadership Of The Year At 2024 American Business Awards

Rev Up Marketers

Dr. Fang Miao, President of The Association for the Protection of Asian Women in America, was named the winner of a Stevie Award in the Thought Leader of The Year category in The 22nd Annual American Business Awards. The American Business Awards gala dinner was held on June 11 in Manhattan, New York. As the President of The Association for the Protection of Asian Women in America, Dr. Fang Miao received the Bronze Award for Thought Leadership of the Year. The gala dinner was a spectacular event with a dazzling array of winners from different industries shining brightly. Dr. Fang Miao, an author, educator, philanthropist, composer, and spiritual growth mentor, is dedicated to nurturing social practitioners, young leaders, and entrepreneurs. During her acceptance speech and subsequent media interviews, Dr. Fang Miao urged society to embrace the vital responsibility of empowering women with self-awareness and wisdom for personal growth. She passionately asserted that every woman has the potential to become a leader and radiate her own unique brilliance. In the world, women are often seen as vulnerable, and many have suffered discrimination and oppression because of this perception. However, in the natural world, women are the most powerful nurturers, capable of ensuring the continuation of all living beings. They are also the greatest carriers of legacy. We, as a global human community, should set aside biases, open our hearts, and cease attacking one another in order to collectively build a harmonious and beautiful world. "Changing the human condition, speaking up for women." The Association for the Protection of Asian Women in America will continue to assist society as a whole and all women in breaking free from constraints, stepping into the light, and growing in a world filled with love. Living with the radiance of the sun. As we move forward, let us ensure that every woman's voice is heard and her potential is realized. By fostering environments where women can thrive, we contribute to the prosperity and advancement of society. Together, we can dismantle barriers and create a world where every woman is free to pursue her dreams and shine in her own right. Spiritual growth is the best protection for oneself. Let us stand united, with compassion and determination, to forge a future where respect and love prevail. About The Association for the Protection of Asian Women in America The Association for the Protection of Asian Women in America (PAWA) is a charitable organization in the United States aimed at providing assistance and services to the Asian American women community. The association is headquartered in Manhattan, New York. It enhances the self-protection awareness of Asian American women and raise social awareness of Asian American protection by offering free training, organizing charity and fundraising events. Furthermore, it provides financial support for Asian American women's protection activities on a global scale. Learn more about PAWA at http://www.pawaus.org. Connect PAWA at info@pawaus.org. About the Stevie Awards Stevie Awards are conferred in nine programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards, The International Business Awards, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, the Stevie Awards for Sales & Customer Service, and the new Stevie Awards for Technology Excellence. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Contact Details The Association for the Protection of Asian Women in America Genica Gao info@pawaus.org Company Website http://www.pawaus.org/

June 18, 2024 11:05 AM Eastern Daylight Time

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Handlery Hotel to “Brighten Up” Union Square With a Summer of Lights

Handlery

Handlery Hotels, California’s oldest family-owned and operated hotel company, is shining a light on San Francisco neighborhoods with their Summer Lights celebration from June through August. Beginning June 15, the Handlery Union Square Hotel will kick off the celebration by lighting up the hotel with new dynamic streaming lights. Part of a complete refurbishing of the exterior façade, the lights brighten up the Union Square area as it continues to make a comeback. “We had the bright idea that we should support the City’s efforts to help neighborhoods in San Francisco continue positive steps for the benefit of the residents and our visitors,” said Jack Handlery, General Manager of the hotel. To recognize Pride month, the Handlery Family is donating $10,000 to SF LGBT Center in the Castro neighborhood. Come July, the family will donate another $10,000 to the Salvation Army’s Kroc Center in the Tenderloin. To wrap up the summer, a final $10,000 will be given to the Booker T. Washington Community Service Center. “We’re hoping this inspires others to give back to San Francisco’s neighborhoods and support the City by the Bay as it returns to its beauty,” remarked Jack Handlery. About Handlery Hotels Handlery Hotels, founded by Harry Handlery in 1928, have been serving guests for just shy of 100 years. Two ideally located properties welcome guests visiting both northern and southern California: Both hotels, The Handlery Union Square Hotel in San Francisco and Handlery Hotel San Diego, feature outdoor heated swimming pools, onsite parking, and are conveniently located to local attractions. Check out San Francisco’s new “ Splash Play Stay Summer Package ”. Frequent guests can take advantage of the Handlery Rewards program, which offers one free night after every 10 nights you stay at either California location. For more information, please visit www.handlery.com. Media please note: For interview requests and photos, please contact Robin Carr at (415) 971-3991 or robin@landispr.com. ### Contact Details Landis Communications Inc. Robin Carr +1 415-971-3991 handlery@landispr.com

June 18, 2024 08:02 AM Pacific Daylight Time

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Daily Mail Unveils New Global Video Strategy and Commercial Opportunities

Daily Mail

Today, Daily Mail launches an innovative video offering, including a slate of premium content and original video franchises to roll out on YouTube and other major video platforms. Over the next year, content ranging from 15 to 30 minutes will reflect Daily Mail’s award-winning editorial coverage of entertainment, news, sports, true crime, and royals. Coinciding with the launch of new premium shows, the publisher is giving advertising partners unprecedented access to its global production and authoritative editorial talent, through Daily Mail’s “Global Video Studio”. The new commercial offering enables brands to seamlessly integrate and align themselves with key cultural moments and conversations. The studio will be accessed via global commercial sales teams, leveraging the ‘seriously popular’ editorial video franchises across shows, social and shopping, via a complete 360 approach. Daily Mail currently has more than 20 shows in development. These include ‘Price of Fame,’ which breaks down the surprising details of exactly how expensive life becomes when you’re famous, ‘Your Body on Sport’ that goes deep into the physiology that governs professional athletics, ‘Expert by Decade,’ where three people who held the same job at three different times in history explain how that profession has changed, and more. All these titles will launch over the next six months, with the Global Video Studio seamlessly integrating brands in an authentic and engaging way for consumers. Tony Manfred, Global Head of Video, Daily Mail said: “People are obsessed with video, and publishers are extremely well positioned to create and distribute that video across phones, computers and connected TV, on a global scale. As master storytellers and content creators, with a huge breadth of quality content expertise and capabilities, we are incredibly excited about and committed to becoming the world’s most popular video publisher. We’ve built a team to produce a huge variety of repeatable, identifiable, and premium quality shows, to engage millions of views on YouTube and across our distributed platforms, reaching more valuable audiences than ever before, wherever they’re consuming content. ” The launch of the new offering builds upon the tremendous success of Daily Mail’s video strategy to date. Currently, Daily Mail is the largest publisher on TikTok with more than 13 million followers and one billion monthly views, as well as delivering over 125 million monthly views on YouTube. The new premium series will amplify the publisher’s current video output and remarkable pace of short and long form video content creation. Dominic Williams, Chief Revenue Officer, Mail Metro Media said: “As growth in video consumption continues, we’ve adapted to give our global audiences access to the most captivating stories, and now advertisers have access to our premium video production capabilities. We’ve already seen huge audience growth across social platforms and have the media ecosystem to support this brand-new proposition, engaging younger and more diverse, as well as existing loyal audiences, with the Daily Mail brand.” Hannah Buitekant, Managing Director - Digital, Mail Metro Media said: “At Daily Mail, we excel in crafting captivating content across all formats. From our rich legacy in written words to our cutting-edge audio and video productions, we deliver compelling omnichannel experiences. This expertise allows advertisers to connect with highly relevant and engaged audiences through innovative strategies. Leveraging the esteemed Daily Mail brand and the expansive capabilities of our Global Video Studio, we offer brands seamless and authentic integrations with our authentic editorial content. Distributed across platforms such as YouTube, social video, and on-site vertical video, our solutions open up a 360-degree world of opportunities for advertisers.” Additionally, Daily Mail will offer premium sponsorships, native integrations, commerce focused “playlists” with Q&A and Live experiences, all delivered with outcomes across a growing video portfolio. About Daily Mail Daily Mail is an award-winning, multi-platform news brand reaching more than 150 million domain and app visitors* each month. With its unique blend of breaking news, agenda-setting exclusives, showbiz, Femail, health, sport and lifestyle stories, the world-famous Mail brand spans print, digital, video, audio and social media. Together, its global newsroom of journalists, formidable story-getting power, and breadth of content formats, deliver highly engaging, trusted Daily Mail content to millions of loyal and new audiences, 24 hours a day, seven days a week. Daily Mail is the largest news publisher on TikTok with more than 13 million total followers and more than eight billion views in the past year. A trailblazing global phenomenon, Daily Mail is part of dmg media. Contact Details Kite Hill PR Maggie Stasko dailymail@kitehillpr.com Company Website https://www.dailymail.co.uk/ushome/index.html

June 18, 2024 10:30 AM Eastern Daylight Time

AI evaluation start-up Maxim AI raises $3M from Elevation Capital to help enterprises test and rapidly ship AI products

Maxim AI

Maxim AI, an enterprise-grade evaluation and observability platform for AI applications, announced a $3M funding round led by Elevation Capital. The round also saw participation from marquee angel investors including founders of Postman, Chargebee, Groww, Razorpay, Media.net, among others. With the infusion of capital, Maxim announced the General Availability (GA) launch of their platform, marking a significant milestone in their journey. With the recent explosion of large language models, the race to build & deploy AI applications has intensified. Traditionally, software was built in a deterministic paradigm with standardised best practices for predictably testing performance and systematically improving products, tightly integrated into the development lifecycle. Generative AI products, however, are getting built in a non-deterministic paradigm with unpredictable variability in quality and performance depending on factors including models, parameters, data or context, or simply the framing of the question. Moreover, challenges around hallucinations, inaccuracies, safety, and output structure lead to compromised user experiences and reputational risks for organisations. Organisations are resorting to non-scalable techniques, high-paid manual effort, and tediously slow iteration cycles as they test and ship their AI into production. Founded in 2023 by Google-Postman duo Vaibhavi Gangwar and Akshay Deo who collectively bring over a decade of experience in building AI and developer-focused tools, Maxim aims to bring the best practices of traditional software development to streamline AI development workflows. Maxim’s infrastructure, which sits between the foundational model and application layers of the AI stack, is deeply focused on AI developers who comprise the traditional AI/ML engineers as well as the emerging class of backend engineers now leading AI development across organizations. The Maxim stack provides end-to-end AI evaluation across the development lifecycle: right from prompt engineering, pre-release and post-release testing for quality and functionality, to data management and fine-tuning. While the automated evaluation platform by itself helps teams ship products >5x faster, the platform also offers the critical last-mile for evaluation including support for human evaluation as well as custom datasets and models. “ Even though we are seeing tremendous value creation in the AI hardware and foundational model stack, for the benefits to be realized meaningfully up the value chain, we need the products built on top of the generative AI stack to be trustworthy and reliable. This makes evaluation a very critical piece of AI infrastructure. However, today there is no standardization in the generative AI testing space unlike traditional software development. That’s where Maxim comes in: with our users, we have become this very core piece of infrastructure that is powering high quality AI development, streamlining team collaboration, and saving development teams hundreds of hours per month, ” said Vaibhavi Gangwar and Akshay Deo said in a joint statement. Talking about the investment Akarsh Shrivastava, Principal, Elevation Capital said, “ Maxim AI is addressing a crucial need in the evolving AI landscape. Their focus on creating a standardized, scalable evaluation infrastructure addresses a deep pain point for AI developers. As the complexity and diversity of AI use cases continue to rise, Maxim's platform will play a critical role in ensuring trustworthy and reliable AI systems. We are super excited to partner with Vaibhavi and Akshay as they build Maxim into a critical piece of this AI catalyzed paradigm shift we are going to see. ” So far, in private beta, the company has attracted multiple global customers who are at the forefront of the AI revolution. Looking ahead, Maxim is committed to expanding its platform capabilities including proprietary domain-specific evaluations for quality and security as well as its data engine to accelerate reliable and scalable deployment of AI products. The company plans to use the funds to expand its world-class team and scale its operations to partner with more leading enterprises building AI products. About Maxim AI Founded by Vaibhavi Gangwar and Akshay Deo, professionals with over a decade in AI and developer tools at top technology firms (including Google, Postman, and Slack), Maxim AI is the generative AI evaluation and observability platform for modern AI teams. It streamlines the entire AI development lifecycle from design to production, enabling faster, reliable, and high quality deployment of AI across organizations. About Elevation Capital Elevation Capital is a leading venture capital firm that provides seed and early-stage capital for emerging companies in India. Having invested in India since 2002, Elevation has deployed over $2.6 Bn of capital in 190+ companies. The firm announced its eighth pool of capital of $670 million in April 2022. Co-led by Managing Partners Ravi Adusumalli and Mukul Arora, along with Partners Mridul Arora and Mayank Khanduja, the firm has invested across Consumer Internet, SaaS, Fintech, Consumer Brands, Edtech, Healthtech and Deeptech. Elevation Capital has offices in Bengaluru and Gurgaon. Contact Details Maxim AI Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.getmaxim.ai/

June 18, 2024 09:00 AM Eastern Daylight Time

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Prosperr.io Secures Funding to Launch AI Tax Management Solution for US Individuals

Prosperr.io

Prosperr.io, A leading Fintech Platform, solving tax for individuals, has secured a $1.55 Million pre-seed funding round. The round was led by Gokul Rajaram, a Board member at Pinterest and Coinbase, and prominent investor, known for backing exceptional companies like Faire, Figma, and Airtable. The round also saw participation from notable angel investors including Vinodh Bhat (Co-founder JioSaavn), Ramakant Sharma (Founder Livspace), Kunal Shah(QED Ventures), Saurabh Jain (CEO, Livspace), among several others. Founded in March 2022, Prosperr.io offers a subscription-based product designed to manage income tax comprehensively for individuals, ensuring maximum eligible tax savings and compliance. By using deep-tech products powered by AI, the company aims to create a digitally intelligent solution, benefiting millions worldwide. The capital raised will be used primarily to launch the product in the US market. "With the growing population of high tax-payers and the ever-changing complexity of income tax regulations, there's a need for user-friendly, technology-driven solutions. Our mission is to address this challenge by developing AI-powered solutions that redefine tax management and help our customers save money while achieving their financial goals. We've already seen significant traction in India market with employees of 1,500 companies using Prosperr.io.” Manas Gond, CEO & Co-founder, of Prosperr.io. They have launched the “Super Saver” product for the India market. It's an AI powered tax management product. The “Super Saver” product tracks subscribers’ income and spending in order to provide a continually-updated snapshot of what they owe in tax, and to recommend strategies for reducing the liability while remaining compliant. An AI-driven engine sitting behind, scans tax codes and curates personalized recommendations for each user according to the reliefs their financial affairs may qualify them for. They are planning to launch the Super saver for people in the US market by 2024. They are raising more funds to evolve their AI solution to work across geography & laws. The Super Saver product has gained very good traction with 7,000 taxpayers signed up so far. Prosperr’s founders expect to secure annual recurring revenues of $1 million within the next month or so. On the funding, Gokul Rajaram, Investor, Board Member - Coinbase, Pinterest and The Trade Desk states, "I'm excited to support the Prosperr team on their mission to build the best tax optimisation platform for consumers not just for India but for the world. The world of taxes is complicated and confusing, and Prosperr's AI platform helps individuals and employees stay compliant while maximizing tax savings." International expansion is an important part of the strategy for achieving that goal, with Prosperr now planning a launch into the US market, another country where income tax compliance is different. They are developing a smart AI-Engine to work on any tax-codes and jurisdictions, which supports their vision to go global in the coming future. On the funding, Dev Kumar, CPTO & Co-Founder of Prosperr.io says, “ We are building a constitutional AI agent to solve tax globally. Our product philosophy has always been to build products personalized for the users. We understand user’s financial data in depth to generate capability to develop AI-solutions to simplify personal-finance in future for the users across the globe. Our next step is launching in the US market to amplify.” About Prosperr.io Prosperr.io, a new-generation fintech company, is an AI-driven platform that simplifies tax management for individuals. It was founded in March 2022 by Manas Gond & Dev Kumar with a vision to streamline personal finance and help customers achieve their financial goals. The company offers two core products: the Super Saver Product, which helps individuals plan & save their taxes efficiently, and the FBP Benefit Product, which enables employers to provide non-taxable allowances. This helps people increase their take-home salary through their easy-to-use FBP product for claiming non-taxable allowances. Prosperr.io is committed to making tax simple for people through innovative AI solutions. Contact Details Prosperr.io Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.prosperr.io/

June 18, 2024 09:00 AM Eastern Daylight Time

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Bing Ventures Supports TON Ecosystem

Bing Ventures Limited

Bing Ventures, a pioneering venture capital firm backing early-stage projects and outstanding fund managers in Web3 and crypto, has announced comprehensive support for The Open Network (TON) ecosystem across its capabilities and network, including investment, resource sharing, project advisories, and more. TON is a Layer 1 network originally designed by Telegram and continued by the open-source community. With its integration with Telegram, one of the world’s leading messengers, TON offers speed, scalability, unique features, and versatility for a wide range of applications. Bruce Lan, General Partner of Bing Ventures, said that the team believed that TON would lead the charge in achieving mass adoption for Web3. As part of the initiative, Bing Ventures will invest in innovative teams and projects that leverage TON’s unique advantages to unite the Web2 and Web3 worlds and provide fundraising assistance, including referrals to potential investors, to projects coming out of TON’s acceleration programs. Leveraging its strong research and data analytics capabilities, the firm will also contribute to TON accelerators in terms of research-based mentorships, training, and project advisories. Additionally, embodying Bing’s vision of fostering disruption and innovation for greater adoption, Bing Ventures will also curate meaningful and educational events worldwide to inform, inspire, and support founders and entrepreneurs in TON ecosystem and the broader crypto world. The initiative will also include BingX, one of the leading centralized crypto exchanges, supporting TON ecosystem projects through token listing, liquidity provision, custom integration, and awareness campaigns to enhance their accessibility. Bing Ventures is the latest firm that joins a list of institutional investors and organizations, including Animoca Brands and Pantera Capital, to voice support for the blockchain. As of the press release, TON’s Total Value Locked surpassed $500 million, representing a growth rate of over 2,000% from the $22.9 million recorded in March 2024. About Bing Ventures: Bing Ventures is a pioneering venture capital and research firm affiliated with crypto exchange BingX. Founded in 2021, it aims to support transformative blockchain and crypto ventures and outstanding fund managers driving the next wave of innovations. With a sector-agnostic, value-investing approach, it has a portfolio of more than 50 companies spanning infrastructure, DeFi, GameFi, Web3, and more, including, among others, Avail, Berachain, Manta Network, Pixelmon, Unisat, and Solv Protocol. Bing Ventures is also a Limited Partner (LP) of several leading crypto funds, including those managed by Hack VC, Bankless Ventures, Maven 11 Capital, IOSG Ventures, and Figment Capital. For more information, visit Bing Ventures' Official Website | LinkedIn | Twitter. Contact Details Bing Ventures Jenny Liu +86 159 2140 1005 jenny@bing-ventures.com Company Website https://www.bing-ventures.com/

June 18, 2024 09:00 AM Eastern Daylight Time

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