SeaPRwire

Cake Monster Celebrates 1 Year Anniversary and Begins the Countdown to the Vault Opening

pandora
3 minutes

Bern, Switzerland, June 14, 2022 – (SEAPRWire) – It’s been almost one year since Cake Monster ($MONSTA) launched on BNB Chain, and to celebrate this milestone, the project team is hosting a massive Live stream burn event, where over 69 million tokens (~1% of current supply) will be burned in a series of community activities and games. The streaming event is being held on Sunday, June 19th, 2022 starting at 18:00 UTC via the official Cake Monster YouTube channel (CakeMonsterYT). The event will include music, games, giveaways, and more. It is open to the public so anyone can join in the fun with the community, and stand a chance to win some great prizes. Leading up to the event, the team is releasing a special feature, called ‘Burn Portal’ where $MONSTA holders can burn a set amount of their tokens in exchange for entries into prize drawings. Over $20,000 USD in prizes are slated to be issued to participants and winners, and the goal is to burn an additional minimum amount of 10 million tokens. Special NFT Auction A special Monsta Party NFT mosaic consisting of all 10,000 individual NFTs arranged in numerical order and making up one giant Monsta image will be auctioned off to the hig...

SeaPRwire

Cake Monster Celebrates 1 Year Anniversary and Begins the Countdown to the Vault Opening

pandora
3 minutes

Bern, Switzerland, June 14, 2022 – (SEAPRWire) – It’s been almost one year since Cake Monster ($MONSTA) launched on BNB Chain, and to celebrate this milestone, the project team is hosting a massive Live stream burn event, where over 69 million tokens (~1% of current supply) will be burned in a series of community activities and games. The streaming event is being held on Sunday, June 19th, 2022 starting at 18:00 UTC via the official Cake Monster YouTube channel (CakeMonsterYT). The event will include music, games, giveaways, and more. It is open to the public so anyone can join in the fun with the community, and stand a chance to win some great prizes. Leading up to the event, the team is releasing a special feature, called ‘Burn Portal’ where $MONSTA holders can burn a set amount of their tokens in exchange for entries into prize drawings. Over $20,000 USD in prizes are slated to be issued to participants and winners, and the goal is to burn an additional minimum amount of 10 million tokens. Special NFT Auction A special Monsta Party NFT mosaic consisting of all 10,000 individual NFTs arranged in numerical order and making up one giant Monsta image will be auctioned off to the hig...

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KlayGames (KLAYG) Announces First Token Burn

pandora
2 minutes

Seoul, Korea / November 4, 2021 / SEAPRWire / – KlayGames official channel announced the blockchain game project’s intention to burn KLAYG, its tokens, to stabilize its economy. The chain the token will be burnt will be Ethereum, as the token is multi-chain. A total number of 9.75 million tokens will be burnt, out of 10 million tokens, which amounts for 97.5% of the total supply. The burnt tokens will be minted on Solana and Klaytn chains, in the same amount. Token burn will take place from 11/06 to 11/07, for a total of two days. KlayGames is getting attention due to the official announcement for launching metaverse named klayvegas on january 17, 2022. About KlayGames Users’ daily life would be a special game in Klaygames. Connecting everyone’s daily life to games, KlayGames is creating new values, a Guide of game advertisement, Vitalization of the game ecosystem. From Mobile to PC, experience-based channels such as Blockchain-based games, One-click pre-booking service on the platform, KlayGames team provide various advertising products for the best efficiency in the best moment. Media Contact Company: KlayGames Contact: Media Team Email: Klaygflight@klaygames.io Telephone: +82 10...

SeaPRwire

Grab’s Ebitda unlikely to break even before 2023: Moody’s

elean
4 minutes

Ride-hailing firm Grab Holdings has been assigned a B3 corporate family rating (CFR) by ratings agency Moody's, to reflect the company's leading position in key regional markets but also uncertainties around its ability to achieve sustained profits. In a research note on Monday, Moody's said it does not expect Grab's earnings before interest, taxes, depreciation, and amortisation (Ebitda) to break even on a consolidated basis before 2023, as growth plans for its financial services business will "temper overall profitability" over the next two to three years. It said cash will be needed to ramp up new businesses as well as potential acquisitions to grow this segment, which offers cashless payment solutions, and products and services such as insurance, lending and wealth management. Grab, Moody's noted, had about $3.2 billion of unrestricted cash and cash equivalents on its balance sheet as at Sept 30 last year. Moody's expects this will be sufficient to cover negative operating cash flow, capital spending at its transport and food delivery businesses and scheduled debt maturities over at least the next two to three years. "The B3 CFR reflects Grab's leading position in key ride-hail...