Posted by AGORACOM-JC
at 9:43 AM on Thursday, March 21st, 2019
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Will The Global Blockchain Technology Market Be Worth $20 Billion By 2024?
As per a recent press release by market intelligence and research firm, Transparency Market Research, the global blockchain technology
market could be worth $20 billion by the year 2024. The report also
notes that the global blockchain technology market stood at $315.9
million in 2015.
The idea is, if the blockchain technology market can rise at an
astonishing compound annual growth rate of 58.9% per year, then the
total blockchain technology market will be able to attain a valuation of
US$20 billion by 2024.
The blockchain technology market is very fragmented in nature in the
sense that most of it is still mostly unexploited. This is because of
the presence of what Transparency Market Research explains to be several
new startups as well as well-known heavyweights, in the market.
Companies are pushing time and boundries just to get their hands on as
much share of the market as possible.
Not only has this relatively new and fresh industry, given life to a
multitude of startups, it has also grabbed the attention of global tech
giants like Microsoft, IBM, Intel, and Amazon, just to name a few.
The report further points out that North America will most likely
take the lead in the blockchain market in the coming years. It read,
‘On the basis of geography, North America is expected to lead the
global blockchain technology market in the coming years. This is mainly
because of the presence of several players in the region and rising
adoption of cryptocurrency
in retail and other distribution chain. Based on application, Private
Blockchain technology market is projected to hold maximum share in the
market.’
Recent reports reveal that Kevin McCarthy, the Republican Minority
Leader in the United States House of Representatives, believes that
blockchain can make the U.S. Congress a more efficient and transparent
place. He said,
‘Blockchain is changing and revolutionizing the security of the
financial industry. Why would we wait around and why wouldn’t we
institute blockchain on our own, to be able to check the technology but
also the transparency of our own legislative process?’, he said.
How online education is leveraging AI to offer greater benefits?
Online education has managed to reform classrooms and teaching methods.
Artificial Intelligence has proven its role in various industries including manufacturing, healthcare and education. AI can bring unimaginable transformation.
Online education has managed to reform classrooms and teaching methods. Yet expecting to see true disruption of education. Artificial Intelligence has proven its role in various industries including manufacturing, healthcare and education. AI can bring unimaginable transformation.
The online education model simply paved over the older methods with
technology, utilizing AI with advanced algorithms, provide adaptive
learning. CiOL spoke to Diwakar Chittora, CEO & Founder, Intellipat
to understand the education sector and how AI is helping students to
gain most knowledge possible.
How AI adoption can change online education?
AI has automated the industry to a great extent, helping both
students and teachers in gaining the most out the immense opportunity,
all while democratizing education amongst all. While they focus the
learning outcome of the student, helping students gain the most
knowledge possible, for teachers, they provide an in-depth analysis on
how to improve their learning delivery and ways, thereby empowering
educators to maximize their skill set.
What are the key security hurdles for online education Industry?
Online education was initially, in dire needs of security awareness
because of the very nature of its structure. Being entirely online
encompasses the administration process, making it liable to sensitive
information. Now, with the addition of AI into the system, the security
gaps are being bridged and the framework is being bolstered with quality
protection.
Which online certification has higher interest? And its future scope?
In the current job scenario where the value of a candidate depends
upon an impactful CV, a relevant certification can add the much required
USP into a lifeless resume. In our endless interaction with students,
we have seen the trio of Data Science, Machine Learning and Artificial
Intelligent being the high points of interest.
Also cloud certifications such as AWS, DevOps, Azure and for
programming languages, Python are high in demand by both learners and
recruiting organization. This interest is not unfounded- Data Science,
along with Artificial Intelligence and Machine Learning, has become
crucial, owing to its role in improving business and decision makings,
while providing the biggest edge over the competitors.
Predictions for online education industry
The whole market is improving year by year, with a CAGR increase of
approximately 10-15 % boost and an upcoming boost 15-20% to be seen.
Now, the present year will see a further rise in the demand of Data
scientists, in integral positions of the business framework.
Apart from being the leading software producer of the world, India
has risen to become the leading generator and provider of IT- empowered
engineers, who creating an impact on how the world conducts business.
All this, coming together will empower the system creating ripples in
the framework of education.
Posted by AGORACOM-JC
at 8:43 AM on Thursday, March 21st, 2019
Confirms the start of an OEM co-marketing agreement for the HeartCheck™ Palm handheld ECG device, the Company’s newest GEMS™ Mobile ECG app (“GEMSTM Mobile“) enabled ECG device
The HeartCheck™ Palm will be the Company’s third US Food and Drug Administration (“FDA“) cleared HeartCheck™ branded handheld ECG device for over-the-counter (“OTC”) sales.
ECG Device Manufacturer Partnerships Grow as FDA Cleared GEMS(TM) Mobile Smartphone ECG App Expands Device Access to Consumer and Telemedicine Cardiac Monitoring Solutions
Toronto, Ontario–(March 21, 2019) – CardioComm Solutions, Inc.(TSXV: EKG) (“CardioComm” or the “Company“), a leading global provider of consumer heart monitoring and electrocardiogram (“ECG“) acquisition and management software solutions, confirms the start of an OEM co-marketing agreement for the HeartCheck™ Palm handheld ECG device, the Company’s newest GEMS™ Mobile ECG app (“GEMSTM Mobile“) enabled ECG device. The HeartCheck™ Palm will be the Company’s third US Food and Drug Administration (“FDA“) cleared HeartCheck™ branded handheld ECG device for over-the-counter (“OTC”) sales.
The HeartCheckTM Palm has a colour display and can record and save
medical grade ECGs of 10 to 30 seconds in duration which are controlled
through GEMSTM Mobile. Saved ECGs can be reviewed on the device and then
transferred to a Smartphone. The ECG trace colour will change from red,
to yellow, to green, to confirm the ECG recording quality. Recording
time starts once the ECG waveform is green.
GEMSTM Mobile is a slimmed down version of the Company’s
hospital-based Global ECG Management System (GEMSTM) software and holds a
unique market position as the only FDA cleared ECG management
Smartphone app that supports multiple manufacturers’ ECG monitoring
devices.
GEMS™ Mobile provides HeartCheck™ ECG device users the ability to
generate free, medical-grade ECG PDFs in near-real-time. GEMS™ Mobile
users also have access to CardioComm’s SMART Monitoring ECG reading
service through which they can request a professional review of their
ECG to confirm the presence or absence of arrhythmias.
CardioComm will continue to develop ECG device manufacturer
partnerships to expand the medical usability of these third party
devices and to bring cost effective, innovative and credible cardiac
monitoring solutions to the remote patient monitoring, consumer and
clinical trials markets. CardioComm acknowledges the cooperation of
Contec Medical Systems and BORSAM Biomedical Instruments as the original
device manufacturers of the HeartCheck™ Palm and HeartCheck™ CardiBeat
respectively.
GEMS™ Mobile is now available on the App Store and Google Play. The
Company is pleased to announce that it has already received expressions
of interest in the new devices from several prospective customers.
To learn about pre-orders for the HeartCheck™ device with free ECG
reviewing packages included and for further updates regarding GEMSTM
Mobile ECG device partnerships please see the Company’s websites at www.theheartcheck.com and www.cardiocommsolutions.com.
CardioComm Solutions‘ patented and proprietary technology is used in products for recording, viewing, analyzing and storing electrocardiograms for diagnosis and management of cardiac patients. Products are sold worldwide through a combination of an external distribution network and a North American-based sales team. CardioComm Solutions has earned the ISO 13485 certification, is HIPAA compliant and holds clearances from the European Union (CE Mark), the USA (FDA) and Canada (Health Canada).
This release may contain certain forward-looking statements and
forward-looking information with respect to the financial condition,
results of operations and business of CardioComm Solutions and certain
of the plans and objectives of CardioComm Solutions with respect to
these items. Such statements and information reflect management’s
current beliefs and are based on information currently available to
management. By their nature, forward-looking statements and
forward-looking information involve risk and uncertainty because they
relate to events and depend on circumstances that will occur in the
future and there are many factors that could cause actual results and
developments to differ materially from those expressed or implied by
these forward-looking statements and forward-looking information.
In evaluating these statements, readers should not place undue
reliance on forward-looking statements and forward-looking information.
The Company does not assume any obligation to update the forward-looking
statements and forward-looking information contained in this release
other than as required by applicable laws, including without limitation,
Section 5.8(2) of National Instrument 51-102 (Continuous Disclosure Obligations).
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
Tags: CardioComm, EKG, mhealth, stocks, tsx, tsx-v Posted in All Recent Posts, CardioComm Solutions | Comments Off on CardioComm Solutions $EKG.ca Leverages the GEMS(TM) Mobile ECG App to Bring a Third FDA Cleared HeartCheck(TM) Branded ECG Device to the US Consumer Markets $ATE.ca $TLT.ca $OGI.ca $ACST.ca $IPA.ca
Posted by AGORACOM-JC
at 3:21 PM on Wednesday, March 20th, 2019
Investment Highlights
Kenbridge property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper
17.5 (21.8 fully diluted) percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property
Kenbridge Ni Project (ON, Canada)
Advanced stage deposit remains open in three directions, is
equipped with a 623m deep shaft and has never been mined.
Preliminary Economic Assessment completed and updated returned robust project economics and operating costs including a NPV of C$253M and cash costs of US$3.47/lb of nickel net of copper credits.
Plans for Kenbridge include updating PEA,
advancing the project through to feasibility and exploring the open
mineralization at depth
FULL DISCLOSURE: Tartisan Nickel Corp. is an advertising client of AGORA Internet Relations Corp.
Posted by AGORACOM-JC
at 8:11 AM on Wednesday, March 20th, 2019
2018 drilling program a total success, expanding the size of the McKenzie Break deposit and confirming its high-grade potential.
Visible gold found in 17 of the 61 holes, including hole MK-18-196,
which intersected 265.00 g/t Au over 0.6 metres, and hole MK-18-216 with
93.80 g/t Au over 0.5 metres
Highlights of the third and last set of results for the 13,945-metre 2018 diamond drilling program:
Hole MK-18-236: 12.60 g/t Au over 1.35 metres, incl. 55.90 g/t Au
over 0.3 metres, and 13.40 g/t Au over 2.0 metres, incl. 26.40 g/t Au
over 1.0 metre
Hole MK-18-231: 15.74 g/t Au over 1.5 metres
Hole MK-18-222: 13.95 g/t Au over 1.0 metre
Hole MK-18-232: 6.84 g/t Au over 2.0 metres, incl. 13.65 g/t Au over 1.0 metre
MONTREAL, March 20, 2019 – MONARCH GOLD CORPORATION (“Monarch” or the “Corporation”) (TSX: MQR) (OTCMKTS: MRQRF) (FRANKFURT: MR7) is pleased to report the third and last set of assay results from the 2018 diamond drilling program at its wholly owned McKenzie Break gold project 25 kilometres north of Val-d’Or, near its Camflo and Beacon mills. The program started in September 2018 and ended in December 2018, with a total of 13,945 metres drilled in 61 holes. The purpose of the program was to explore below the known lenses and on the periphery of the multi-vein Green and Orange zones. Assays have been received for the last 20 holes totalling 5,052 metres of core (see table below and press releases dated February 28, 2019  and March 13, 2019 for a compilation of the 2018 assay results).
“With the solid high-grade results obtained from our 2018 drilling
program, we have upgraded the status of McKenzie Break as one of our
prime advanced exploration projects,” said Jean-Marc Lacoste,
President and Chief Executive Officer of Monarch. “The program
delivered beyond our expectations, enabling us to establish that the
deposit remains open to the west, east, north and at depth and continues
to hold excellent high-grade gold potential (see plan view and longitudinal).
In fact, the next resource estimate has the potential to expand the
underground deposit by 250 metres to the east, 100 metres to the north
and 50 metres to the west. There is still a lot of exploration work to
be done to fully assess the size and magnitude of this deposit, which
remains largely underexplored. We are presently analyzing the results of
the 2018 drilling and planning the follow-up program for 2019.”
Hole MK-18-236 returned 12.60 g/t Au over 1.35 metres, including
55.90 g/t Au over 0.3 metre at 80 metres below surface. This interval is
65 metres southeast of hole MK-18-210, which returned a grade of 12.50
g/t Au over half a metre from the same horizon as hole MK-18-236,
thereby extending the lens to the east and showing that it is still
open. Hole MK-18-236 also intersected another lens, at a depth of 145
metres from surface, with values of 13.40 g/t Au over 2.0 metres,
including 26.40 g/t Au over 1.0 metre, and 75 metres north, on the same
horizon, hole MK-18-232 returned values of 6.84 g/t Au over 2.0 metres,
including 13.65 g/t Au over 1.0 metre. These two intersections are
connected by hole MK-18-211, 100 metres northwest of hole MK-18-236. The
combination of these three holes on the same horizon will increase the
underground resource in this sector.
Hole MK-18-231, which returned a grade of 15.74 g/t Au over 1.5
metres, is to the north of the planned Green Zone open pit, in the
middle of a triangle of three holes drilled by Monarch in 2018. These
four holes are interpreted as being connected and are on the same
horizon, creating a new lens. The three other holes are an average of 65
metres from hole MK-18-231 and grade an average of 5.42 g/t Au. The
lens lies 200 metres below surface.
Hole MK-18-222 returned a grade of 13.95 g/t Au over 1.0 metre from
68 metres below surface. This intersection is 70 metres northwest of the
Green Zone open pit and will help to increase the underground resource.
Third set of drill results for the McKenzie Break property:
Hole
Length
From
To
Width*
Grade Au
number
(m)
(m)
(m)
(m)
(g/t)
MK-18-222
177
64.1
65.0
0.9
5.14
68.0
69.0
1.0
13.95
102.0
103.0
1.0
4.68
141.0
142.5
1.5
5.40
Including
141.0
141.5
0.5
14.00
MK-18-223
150
20.7
22.6
1.9
6.18
Including
21.6
22.1
0.5
8.99
65.4
66.3
0.9
2.03
69.6
70.6
1.0
3.69
100.5
105.1
4.6
2.18
Including
102.8
103.9
1.1
3.95
122.8
125.3
2.5
2.19
Including
124.0
125.3
1.3
3.17
MK-18-224
210
174.0
178.0
4.0
2.75
Including
177.0
178.0
1.0
6.11
MK-18-225
210
68.0
68.5
0.5
8.11
175.0
176.3
1.3
2.42
MK-18-226
276
244.55
246.5
1.95
3.09
Including
246.0
246.5
0.5
9.58
274.1
275.0
0.9
2.70
MK-18-227
228
101.0
101.5
0.5
3.86
168.7
171.8
3.1
0.89
Including
170.5
171.1
0.6
2.74
MK-18-228
216
34.0
37.0
3.0
2.42
88.0
89.0
1.0
9.37
MK-18-229
243
103.0
104.0
1.0
2.79
196.0
198.0
2.0
1.61
Including
197.0
198.0
1.0
2.39
MK-18-230
270
152.0
153.0
1.0
3.54
175.5
176.2
0.7
2.59
198.0
200.0
2.0
3.84
Including
199.0
200.0
1.0
6.20
MK-18-231
258
197.0
198.5
1.5
17.45
197.0
211.0
14.0
2.38
MK-18-232
252
158.0
160.0
2.0
6.84
Including
159.0
160.0
1.0
13.65
188.0
189.0
1.0
3.25
MK-18-233
247
137.75
138.5
0.75
1.36
MK-18-234
276
234.0
235.8
1.8
7.80
Including
235.0
235.8
0.8
17.30
MK-18-235
269
138.0
139.0
1.0
2.19
244.65
248.0
3.35
3.83
Including
244.65
245.4
0.75
10.60
MK-18-236
288
77.65
79.0
1.35
12.6
Including
77.65
77.95
0.3
55.9
143.0
145.0
2.0
13.40
Including
143.0
144.0
1.0
26.40
236.0
236.55
0.55
3.10
277.0
279.0
2.0
2.36
281.0
282.0
1.0
2.05
MK-18-237
300
249.7
250.7
1.0
2.42
261.7
262.25
0.55
2.67
MK-18-238
300
172.6
173.3
0.7
2.26
228.0
228.5
0.5
2.19
259.8
261.0
1.2
2.72
MK-18-239
306
199.0
200.0
1.0
3.57
204.4
205.5
1.1
2.10
MK-18-240
324
176.8
178.3
1.5
5.90
Including
176.8
177.3
0.5
17.5
182.8
183.7
0.9
4.09
MK-18-245
252
123.4
125.3
1.9
1.07
*The width shown is the core length. True width is estimated to be 90-100% of the core length.
McKenzie Break is a high-grade, multiple-narrow-vein gold deposit
hosted in the dioritic Pascalis batholith and underlain by porphyritic
diorite and mafic and felsic volcanic rocks. On June 14, 2018,
the Corporation reported an NI 43-101 pit-constrained resource of
48,133 ounces in the Indicated category and 14,897 ounces in the
Inferred category on the property, as well as an underground resource of
53,448 ounces in the Indicated category and 49,130 ounces in the
Inferred category, for a total of 165,608 ounces of gold (Source: NI
43-101 Technical Report on the McKenzie Break Project, April 17, 2018, Alain-Jean Beauregard, P.Geo., and Daniel Gaudreault, Eng., of Geologica Groupe-Conseil Inc., and Christian D’Amours, P.Geo., of GeoPointCom Inc.).
Sampling normally consists of sawing the core into equal halves along
its main axis and shipping one of the halves to the ALS Minerals
laboratory in Val-d’Or, Quebec for assaying. The samples
are crushed, pulverized and assayed by fire assay, with atomic
absorption finish. Results exceeding 3.0 g/t Au are re-assayed using the
gravity method, and samples containing visible gold grains are assayed
using the metallic sieve method. Monarch uses a comprehensive QA/QC
protocol, including the insertion of standards, blanks and duplicates.
The technical and scientific content of this press release has been reviewed and approved by Ronald G. Leber, P.Geo., the Corporation’s qualified person under National Instrument 43-101.
ABOUT MONARCH GOLD CORPORATION
Monarch Gold Corporation (TSX: MQR) is an emerging gold mining
company focused on pursuing growth through its large portfolio of
high-quality projects in the Abitibi mining camp in Quebec, Canada. The Corporation currently owns close to 300 km² of gold properties (see map),
including the Wasamac deposit (measured and indicated resource of 2.6
million ounces of gold), the Beaufor Mine, the Croinor Gold (see video), McKenzie Break and Swanson
advanced projects and the Camflo and Beacon mills, as well as other
promising exploration projects. It also offers custom milling services
out of its 1,600 tonne-per-day Camflo mill.
Forward-Looking Statements The forward-looking
statements in this press release involve known and unknown risks,
uncertainties and other factors that may cause Monarch’s actual results,
performance and achievements to be materially different from the
results, performance or achievements expressed or implied therein.
Neither TSX nor its Regulation Services Provider (as that term is
defined in the policies of the TSX accepts responsibility for the
adequacy or accuracy of this press release.
Tags: #mining, gold, monarch, monarques, tsx, tsx-v Posted in All Recent Posts, Monarques Gold | Comments Off on Monarch Gold $MQR.ca Intersects 12.60 g/t Au over 1.35 metres, including 55.90 g/t Au over 0.3 metres, at its Mckenzie Break Gold Project $GDX.ca $ECR.ca $MZZ.ca $QMX.ca $IMG.ca $IAG $MUX
Posted by AGORACOM-JC
at 8:06 AM on Wednesday, March 20th, 2019
Announced that MCOA has entered into a letter of intent (LOI) with Natural Plant Extract of California (NPE) and its subsidiary, Northern Lights Distribution, LLC (NLD),
To acquire a 20% ownership interest in NPE, and to establish a Joint Venture (JV) to operate a California cannabis delivery service named Viva Buds.
ESCONDIDO, Calif., March 20, 2019 — via NetworkWire — MARIJUANA COMPANY OF AMERICA INC.(“MCOA†or the “Companyâ€) (OTC: MCOA), an innovative hemp and cannabis corporation, is pleased to announce that MCOA has entered into a letter of intent (LOI) with Natural Plant Extract of California (NPE) and its subsidiary, Northern Lights Distribution, LLC (NLD), to acquire a 20% ownership interest in NPE, and to establish a Joint Venture (JV) to operate a California cannabis delivery service named Viva Buds.
Under the terms of the LOI, MCOA has committed to contribute
$2,000,000 in total cash to the project, as well as common shares of the
Company with a value of $1,000,000. In exchange, MCOA will own a 20%
equity position in NPE. In addition, both NPE and MCOA will form a JV to
operate Viva Buds and will share in the profits on a 50/50 basis.
NPE has obtained both state and city licenses for volatile
manufacturing, distribution and retail delivery of cannabis products.
NPE has a long-term lease with favorable terms for its location at 11116
Wright Road, Lynwood, CA. NPE will manage all operations pertaining to
distribution, manufacturing, and delivery of cannabis products, and MCOA
will provide capital, consulting and marketing services. NPE is
currently generating revenue through its distribution business segment
under NLD, which it launched in 2018 and is undergoing construction of
its manufacturing lab since it recently obtained all of the necessary
state and local permits.
As part of the JV with NPE’s distribution company NLD, MCOA formed a
wholly owned subsidiary called Viva Buds Inc. to serve as the marketing
arm for NLD’s new retail delivery service in California. The Company
will initially focus on delivering cannabis products to Southern
California and then rollout to other cities statewide. NLD will
contribute up to $300,000 in inventory of cannabis products to assist in
the start-up of this venture and will oversee all delivery and
fulfillment of orders. MCOA will provide a vast array of marketing
services and technology to promote and build its Viva Buds brand.
The parties are in the process of conducting due diligence and completing a material definitive agreement.
Donald Steinberg, CEO of MCOA stated, “This partnership will enable
MCOA to establish itself as a major player in the Cannabis arena. All
licenses are in place to allow for vertical integration from farm to
consumer. We are excited to expand our business model to now include
marketing our new THC brand Viva Buds through our fully licensed partner
NPE. The NPE team has a great deal of industry knowledge and has an
industry disruptive business model. This is a huge strategic move for
MCOA!â€
Alan Tsai, NPE’s CEO stated, “We are excited to become partners with
MCOA as it will help us to finalize the development of our manufacturing
plant faster than planned. We are aggressively focused on maximizing
our market share by securing distribution, manufacturing and co-packing
contracts with reputable brands throughout California. We believe that
this is a crucial year for expansion in the cannabis industry in
California and it’s our goal to position our company as a key player in
the industry in multiple verticals.â€
About Natural Plant Extracts of California NPE
is a fully licensed cannabis manufacturing, distribution and non-store
front retail delivery. The Company has secured its licenses with the
state of California and city of Lynwood, CA. For more information about
the Company, please visit its website at https://nldistribution.com
The owners and founders of NPE are marijuana industry veterans with
decades of experience in establishing retail, manufacturing and
distribution of cannabis in California, including obtaining the first
retail dispensary licenses in Los Angeles, CA.
About Marijuana Company of America, Inc. MCOA is a corporation which participates in: (1) product research and development of legal hemp-based consumer products under the brand name “hempSMART™â€, that targets general health and well-being; (2) an affiliate marketing program to promote and sell its legal hemp-based consumer products containing CBD; (3) leasing of real property to separate business entities engaged in the growth and sale of cannabis in those states and jurisdictions where cannabis has been legalized and properly regulated for medicinal and recreations use; and, (4) the expansion of its business into ancillary areas of the legalized cannabis and hemp industry, as the legalized markets and opportunities in this segment mature and develop.
About Our hempSMART Products Containing CBD The
United States Food and Drug Administration (FDA) has not recognized CBD
as a safe and effective drug for any indication. Our products containing
CBD derived from industrial hemp are not marketed or sold based upon
claims that their use is safe and effective treatment for any medical
condition as drugs or dietary supplements subject to the FDA’s
jurisdiction.
Forward Looking Statements This
news release contains “forward-looking statements” which are not purely
historical and may include any statements regarding beliefs, plans,
expectations or intentions regarding the future. Such forward-looking
statements include, among other things, the development, costs and
results of new business opportunities and words such as “anticipate”,
“seek”, intend”, “believe”, “estimate”, “expect”, “project”, “plan”, or
similar phrases may be deemed “forward-looking statements” within the
meaning of the Private Securities Litigation Reform Act of 1995. Actual
results could differ from those projected in any forward-looking
statements due to numerous factors. Such factors include, among others,
the inherent uncertainties associated with new projects, the future U.S.
and global economies, the impact of competition, and the Company’s
reliance on existing regulations regarding the use and development of
cannabis-based products. These forward-looking statements are made as of
the date of this news release, and we assume no obligation to update
the forward-looking statements, or to update the reasons why actual
results could differ from those projected in the forward-looking
statements. Although we believe that any beliefs, plans, expectations
and intentions contained in this press release are reasonable, there can
be no assurance that any such beliefs, plans, expectations or
intentions will prove to be accurate. Investors should consult all of
the information set forth herein and should also refer to the risk
factors disclosure outlined in our annual report on Form 10-12G, our
quarterly reports on Form 10-Q and other periodic reports filed from
time-to-time with the Securities and Exchange Commission. For more
information, please visit www.sec.gov.
For more information, please visit the Company’s websites at:
Posted by AGORACOM-JC
at 9:00 PM on Tuesday, March 19th, 2019
SPONSOR: Enthusiast Gaming Holdings Inc.
(TSX-V: EGLX) Uniting gaming communities with 80 owned and affiliated
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company partial 2018 reported revenue of $7.4 million representing a
625% increase over the same period in 2017.
Competitive video gaming is a rapidly growing, multibillion-dollar
industry, presenting new opportunities for marketers to reach and engage
with fans worldwide. Esports ad revenues in the US are poised to
surpass $200 million by next year, according to our first forecast on
esports and gaming revenues.
We define esports as organized gaming competitions among professional
players and teams. Digital ad revenues from esports in the US will grow
25% to $178.1 million this year. There are multiple revenue streams
connected to esports, including advertising, sponsorships, media rights,
ticket sales to live events and merchandising.
“Esports was once an under-the-radar activity for enthusiasts of
multiplayer online games,†eMarketer principal analyst Paul Verna said.
“Just a few years later, it’s a multimillion-dollar business in the US,
with implications for game developers, players, leagues, teams, live
venues, streaming platforms, TV networks, audiences and marketers.â€
Audiences for esports are large and growing. This year, 30.3 million
people in the US will watch an esports event at least once a month, up
more than 18% over last year. We expect esports viewers to grow by more
than 50% between now and 2023, reaching 46.2 million at that time.
Esports executives consistently cite YouTube and Twitch, which tend
to garner younger audiences, as the leading platforms for esports
viewing in the US.
“Esports fans have unique characteristics that make them more elusive
but potentially more lucrative for marketers,†Verna said. “They are
typically young, TV-averse millennials who have higher-than-average
disposable income. They are open to marketing messages that are embedded
in the esports experience, whether those are sponsorships, branded
videos, in-game integrations, influencer-driven endorsements or even
traditional ads.â€
Esports age demographics vary by game, league and tournament, but
millennials are among the most active members of the viewing population.
Tags: egaming, esports, LOL Posted in All Recent Posts, Enthusiast Gaming Holdings Inc. | Comments Off on Enthusiast Gaming $EGLX.ca – US Esports Ad Revenues Will Grow 25% in 2019, Will cross $200 million by 2020 $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca
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at 12:48 PM on Tuesday, March 19th, 2019
London-based marketing firm AffiliateINSIDER will take responsibility for the growth of the e-sports betting platform VIE.gg’s affiliate partner program globally
Esports’ VIE.gg offers exchange style wagering on e-sports events in a licensed, regulated and secured platform
Esports Entertainment Group Inc (OTCQB:GMBL),
the licensed online gambling company, said Tuesday it has struck up a
new contract with AffiliateINSIDER, a London-based public relations and
marketing firm, to broaden the reach of its e-sports betting platform
VIE.gg.
Under the deal’s terms, AffiliateINSIDER will take on responsibility
for the growth of VIE.gg’s affiliate partner program globally, helping
Esports to add both new affiliates and customers.
VIE.gg offers exchange-style wagering and pool betting on e-sports
events in a licensed, regulated and secured platform. It is the first
and most transparent e-sports bet exchange as a result of Esports
Entertainment Group being a fully reporting SEC issuer in the US.
“We are excited to partner with AffiliateINSIDER as we continue to
grow and manage our affiliate network. They had an acute understanding
of the complexities we face in the emerging esports sector and have been
involved with managing and growing affiliate networks and programs
since the very beginning in the gambling space,†said Grant Johnson, CEO
of Esports, in a statement.
Esports Entertainment Group Inc. is a licensed online gambling company with a focus on e-sports wagering and gaming for adults.
Esports shares held steady at US$0.55 in morning trade on Tuesday.
India’s edtech ecosystem, ruled by the likes of BYJU’s, UpGrad,
Simplilearn, Toppr, Vedantu, Great Learning, and Unacademy, has raised
millions of dollars in VC funding over the past five years. But it’s not
only Indian startups that are keen to take a bite out of the $215 billion education pie in the country;
international platforms are also eyeing a slice. In fact, Poland-based
startup Brainly has quietly been making waves over the past two years.
Brainly was founded by Michal Borkowski, Lukasz Haluch, and Tomasz
Kraus in Krakow in 2009. The startup has raised $38.5 million (the most
recent round being Series B) from seven investors, including Naspers (it
also funded India’s first edtech unicorn BYJU’s).
Catching up with YourStory in Bengaluru, Co-founder and CEO
Michal recollects that it was a different world when Brainly was
launched, with not many global edtech companies, and little investment
from VCs. The entrepreneur trio, however, was willing to risk it all.
Michal, who has a degree in corporate finance, recounts, “My parents,
who were small-scale entrepreneurs, encouraged me to take risks.
Their motto was: if you are facing a tough decision, fast
forward five years. Even if you fail, would you prefer to fail and
learn, or never to take the risk?â€
The decision to take the risk seems to have paid off. Brainly is now present in over 35 countries, with more than 150 million active users. It claims to be the world’s largest social learning community for students.
In India, Brainly has more than 15 million active users, the same as India’s first and only edtech unicorn BYJU’s.
Brainly says it has witnessed 200 percent annual growth since it
entered India in 2016, and claims to be the number one education website
in India in terms of number of visits it gets. Indian students who use
the platform comprise 42 percent secondary and 39 percent higher
secondary grade students. However, Brainly is not monetising in India
right now. Michal stresses,
“We are in the growth stage; we want to reach every student in the world, and India specifically. We are not focusing on profit; we are still working on our business model.â€
In Asia, Brainly is also present in Indonesia and Philippines, two
countries that Michal claims have great push for education and a
sizeable population to scale up.
How Brainly works
Brainly aims to help students with curriculum-related, specific questions,
unlike most edtech startups in India that focus on test preparations
and personalised learning programmes. Students connect to their peers to
help strengthen their skills, from mathematics and science to history
and more.
Michal reminisces that as a teenager, he found essays hard to write,
but was too embarrassed to ask for help. “It was frustrating for me. In
the online world, the process is much easier.â€
Lukasz Haluch, Co-founder of Brainly, is a serial entrepreneur and angel investor.
A question from a student of Class 10 can be answered by another 10th grader or a 12th grader. Michal
claims students all over the world have one common trait – they help
each other in doing homework and answering each other’s doubts.
“By engaging students into that collaboration online, we take every
question and answer, and store it in our knowledge base. So in a way, we
are extracting the smartness of every child who uses Brainly. We make
it accessible to everyone, no matter where they are or how much money
they have,†he adds.
To ensure the quality of interactions and accuracy of answers,
Brainly moderates all the content with their own algorithm. Users can
also rate the answers.
In addition, experts also review the knowledge base to check the
quality. If they are not satisfied with the quality of the answer, they
ask the person who gave that answer to improve it (with explanation). If
there is still no improvement, Brainly removes that answer from the
database, Michal says.
India’s push for education
India focuses greatly on education in general, which means the rise
of edtech companies is not surprising. Michal says Brainly has been
looking at the India market since 2014.
“The market is huge in India. People here are more willing to pay for
education compared to most other markets; the highest spends from
parents’ salaries often go into their children’s education. There is
huge pressure on students to succeed. Using Brainly expands their
knowledge and reduces frustration,†he points out.
In Brainly’s survey of more than 10,000 users in India (in January
2019), more than 50 percent students said their schools were not helping
them enough to prepare for their careers and the real world, and hence
they needed additional resources. They were striving to attain a deeper
understanding of subjects, and more than 40 percent respondents started
using Brainly to go beyond homework assignments. Around 12 percent
students claimed that they started using Brainly because their grades
were suffering and they needed additional support.
Brainly is a peer-to-peer platform where students can help each other online. (Image: Shutterstock)
Brainly had also asked what sources of information are referred to by
teachers – digital or offline. Apparently, digital is picking up now.
“Our users in Bangalore are using us almost every day. The most popular
subject among Indian users is maths,†Michal tells YourStory.
Plan for India
Brainly’s strategy is to build the student community and work on the
content to ensure best quality. But India poses many challenges. For
instance, internet penetration is still poor in some areas outside metro cities. Michal
says their engineering team, comprising 65 people, is constantly
working to ensure that their app runs well and fast even in areas
without 4G.
On the other hand, Michal claims Brainly had to spend little on
marketing in India. “We did some digital marketing to gain visibility
initially. But our growth is mostly organic. Students often refer us to
each other; sometimes they search for information online and then they
find us. The bigger the knowledge base gets, more people come in,†he
says.
Since schools in India do not follow one unified syllabus, Brainly
does not follow a specific curriculum. The company wants to have the
highest coverage of all school subjects.
In a multi-lingual society like India, regional language content is
essential for the penetration of online education platforms. (Image:
Shutterstock)
Venturing beyond English speakers
The majority of Brainly’s current user base in India is English
speaking. As part of their expansion plan in India, they have launched
in Hindi, and will soon launch in Bengali and Kannada.
Michal explains the strategy. “Giving content in local
language is central in education. We take into account the size of that
particular language-speaking community, popularity of the language, and
internet penetration in the region of those language users, so that we
can scale up.â€
But home tutoring is the norm among school children in India. Can
Brainly beat this competition with local language content? Michal says
that for offline interactions (like home tutoring), the cost is higher
since the student or the teacher needs to travel. “With tech, you can
create a knowledge base, and give access to students free of cost,†he
remarks.
Even though they make tutoring jobs obsolete, Michal feels that tech
platforms like Brainly improve the quality of education. He elaborates,
“Students routinely have to attend home tutoring after school, then do
homework for school, and study on their own for understanding the topic.
We make that learning more efficient by helping them understand topics
faster.â€
Michal hopes that one day “Brainly†will replace the word “Brainyâ€. “When a student is smart, he is a Brainly one!†he says.
