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Enthusiast Gaming $EGLX.ca – Video Game Competitions on a Rise; Companies Spot Lucrative Opportunities in North America, says FMI Study $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca

Posted by AGORACOM-JC at 2:04 PM on Monday, April 1st, 2019

SPONSOR: Enthusiast Gaming Holdings Inc. (TSX-V: EGLX) Uniting gaming communities with 80 owned and affiliated websites, currently reaching over 75 million monthly visitors. The company partial 2018 reported revenue of $7.4 million representing a 625% increase over the same period in 2017.

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EGLX: TSX-V
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Video Game Competitions on a Rise; Companies Spot Lucrative Opportunities in North America, says FMI Study

  • The global Esports market is expected to exhibit a significant growth owing to various factors such as the continued deployment of eSports in leading universities and the increasing number of eSports initiatives driven by the growing consumer preference shift.
  • The younger generation is increasingly attracted to virtual gaming thereby strengthening the future scope of the eSports market.
  • “Media companies are giving greater preference to the coverage of eSports, thereby contributing to its increasing awareness amongst consumers. This is expected to create greater demand for eSports among consumers”, Senior Analyst, Future Market Insights.

Anant Sharma

The global video game competitions market has reflected a significant growth over the recent years. The visible growth exhibited by the video game industry has contributed to an increase in the number of video game competitions and tournaments. This is further fostered by the expanding technology that acts as a catalyst to the expansion of video content, virtual reality, products, special eSports events, and most prominently video game competitions and tournaments. Future Market Insights (FMI) in its recent market intelligence report pertaining to the video game competitions market provides a holistic overview of the key trends shaping the fortune of businesses conducting video game competitions through eSports programs.

According to the FMI study, the popularity of video game competitions is expected to witness a significant rise as the millennials are opting for virtual gaming compared to the conventional sports formats. Various colleges and institutions are looking forward to initiating video game competitions for their students. An addition in this line is the Alma College that stated that it would add team video game competitions to its offerings of intercollegiate athletics. The college would be able to attract top students with the help of such team video game competitions while providing innovative ways for students to excel professionally and academically.

FMI unveils that the video game competitions landscape is expected to register considerable growth with the various eSports programs being launched across the globe. The eSports market has witnessed major profitability owing to the increasing proliferation of video game competitions.

ESports Audience Continue to Grow Steadily as Companies Focus on Prominent Coverage of such Events

The global Esports market is expected to exhibit a significant growth owing to various factors such as the continued deployment of eSports in leading universities and the increasing number of eSports initiatives driven by the growing consumer preference shift. The younger generation is increasingly attracted to virtual gaming thereby strengthening the future scope of the eSports market. The extensive research study on the eSports landscape presented by Future Market Insights (FMI), covers the major developments witnessed in the eSports landscape.

“Media companies are giving greater preference to the coverage of eSports, thereby contributing to its increasing awareness amongst consumers. This is expected to create greater demand for eSports among consumers”, Senior Analyst, Future Market Insights.

For instance, a recognized eSports organizer and producer, ESL entered into a partnership with broadcast companies in China, Huomao and Huya, wherein the companies would gain an equal share of media rights of the ESL events that would be conducted in 2019.

Recognized companies are sighting notable opportunities in the eSports market, such as NASCAR which is preparing for its new eSports league called the eNASCAR Heat Pro League, and several others including NFL, NBA, MLS’ and NHL, have also moved into the eSports business. FMI study, therefore, asserts that eSports would remain a profitable business for companies.

The research study uncovers various opportunistic avenues offered by the eSports market, where emerging players could undertake key strategies to attain greater market presence.

Source: http://www.keepfacts.com/technology/344/video-game-competitions-on-a-rise-companies-spot-lucrative-opportunities-in-north-america-says-fmi-study-2/

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North Bud Farms Inc. $NBUD.ca – CBD oil shortage continues as marijuana producers scramble to meet demand $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca

Posted by AGORACOM-JC at 11:43 AM on Monday, April 1st, 2019

SPONSOR: North Bud Farms Inc. (NBUD:CSE) Sustainable low cost, high quality cannabinoid production and procurement focusing on both bio-pharmaceutical development and Cannabinoid Infused Products. Click Here For More Information

NBUD: CSE

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CBD oil shortage continues as marijuana producers scramble to meet demand

  • “The popularity of CBD oil and CBD in general has far exceeded our expectations,” said Ray Gracewood, chief commercial officer of OrganiGram, a licensed producer based in Moncton, N.B.
  • “To this point, CBD oil is the biggest surprise from an adult recreational perspective, and has got the potential to be a huge product within that channel.”

Carolyn Ray · CBC News

CBD oil has been touted as a solution to everything from ways to limit human anxiety to pet medicine. (David Zalubowski/Associated Press)

Mona Scott was one of the first people to line up at a marijuana store in Nova Scotia on the first day of recreational legalization, eager to get her hands on a type of non-impairing cannabis extract after hearing about its medicinal benefits.

But she quickly discovered there was no CBD oil in stock that day in October, nor have there been any bottles in the 10 times since that she’s visited the Nova Scotia Liquor Corp. store in Truro, N.S.

“The last time I went in was about the first week of December when the guy walked over to me and said, ‘We don’t have any and we’re not going to have any for six months,'” said Scott, who sought out the oil to treat her anxiety.

Pure CBD oil doesn’t make the user high because it does not contain THC, or tetrahydrocannabinol. While research on the benefits of CBD oil has been limited, it has surged in popularity as a treatment for medical issues including pain, seizures and nausea.

Demand ‘far exceeded’ expectations

Scott is one of a long list of Nova Scotians who have caused a huge surge in demand for the product, something one licensed producer said has caught them completely off guard.

“The popularity of CBD oil and CBD in general has far exceeded our expectations,” said Ray Gracewood, chief commercial officer of OrganiGram, a licensed producer based in Moncton, N.B.

“To this point, CBD oil is the biggest surprise from an adult recreational perspective, and has got the potential to be a huge product within that channel.”

So far, OrganiGram is the only company that has been able to provide any supply to the NSLC, said a spokesperson from the Crown corporation.

“We currently have products containing up to 20 per cent CBD but not the pure CBD oil,” said Beverley Ware. “Every province is in the same situation.”

At this point, no producers have even given them a timeframe for when it may be available for purchase.

The NSLC said no producers have been able to give them a timeframe for when pure CBD oil will be back in stock. (Paul Palmeter/CBC)

Gracewood said OrganiGram has been reserving its supply for its medical patients, who have not experienced a shortage in their medicine. 

The company is now shifting its production to try to fill the gap for retail stores. Gracewood said they have orders from one end of the country to the other.

“It represents almost half of our business now,” he said of their medical business. He said because no producer has been able to make enough oil to fill the demand in the recreational market, the company is still relying on estimates as to how much they need to produce.

“The reality of the production environment is that cannabis takes a certain amount of time to grow within our facility and therefore it takes us some time to adapt to changes within forecasting.”

Oil from hemp

The demand in oil also has OrganiGram pushing to create new partnerships with hemp farms, as CBD can derive from both cannabis and hemp.

“This entire industry is completely new and there’s no way that anybody could have forecasted all the variables, whether it’s the attractiveness of CBD oil, or the demand for pre-rolls or the balance between dried flower and cannabis oil,” Gracewood said.

OrganiGram is facing a class-action lawsuit over cannabis that was tainted with unapproved pesticides in 2016. Gracewood wouldn’t comment on whether the case was affecting their production.

In the meantime, Scott has started advocating to change marijuana laws. She started to order pure CBD oil from the United States. While she received the first few bottles, other orders have since been seized at the border.

She said if Canadian producers can’t fill the void, she should be able to order from other countries.

“For Canada to open up with legalization and to no have it to offer people, I was quite shocked by that.”

Source: https://www.cbc.ca/news/canada/nova-scotia/cbd-oil-nova-scotia-shortage-1.5075665

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St-Georges $SX $SX.ca $SXOOF Confirms Complete Recuperation of #Lithium in Leach $ICM.ca

Posted by AGORACOM-JC at 10:12 PM on Sunday, March 31st, 2019
  • Confirms that it has achieved complete and total recovery in leach of lithium from the bulk material provided by its partner Iconic Minerals (TSX-V: ICM)
  • St-Georges’ patent pending leaching technology achieved 100% leaching of lithium while not affecting the majority of the solids
  • 88% of the initial feed material is unleached which helps with chemicals consumption and tailings disposal.

Montreal, March 31, 2019 / St-Georges Eco-Mining Corp. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) is pleased to inform its shareholders that it can confirm that it has achieved complete and total recovery in leach of lithium from the bulk material provided by its partner Iconic Minerals (TSX-V: ICM) originating from their Bonnie Claire lithium project in Nevada.

St-Georges’ patent pending leaching technology achieved 100% leaching of lithium while not affecting the majority of the solids. 88% of the initial feed material is unleached which helps with chemicals consumption and tailings disposal.

The patent pending mix of nitric and citric acids being used do not require high temperature and high pressure and no calcination is required. The objectives of the technology development was simply to have the lowest chemical cost impact.

The impacts on the Bonnie Claire Deposit of the first phase of the process that includes classification, concentration and leaching at atmospheric pressure and low temperature has shown an average concentration gain from 963 ppm Li to 8,025 ppm Li, or a gain of 8,333 percent.

St-Georges is currently testing different calibration and improving on its selective leaching in order to target only the recuperation in the leach of the lithium and magnesium and achieve better grades in the leach.

Potential Fertilizer By-Products

In addition to the lithium, the selective leaching collects mainly the salt family elements such as Sodium (Na), Magnesium (Mg), Calcium (Ca) and items like carbonates. The company believe that this could lead to-possible development of fertilizer by-products in the nitrate family that would potentially positively impact the economics of the Bonnie Claire project.

Current On-Going Developments

The next tests to be started this week will focus on reducing the total time of contact and we expect that the selectivity will be increased. In addition, St-Georges is in the process of purchasing a electrolysis unit to make LiOH to be added to the pilot plant with a further focus on using less chemicals. Work with various vendors of resins has been initiated to optimize the lithium purification steps prior to lithium hydroxide production.

Phase 1 Confidential Report

The phase 1 confidential report is currently being independently reviewed and a final public summary should be disseminated within 45 days. Detailed tests result and confidential information related to the process flow-sheet has been provided to Iconic management. For details and guidelines regulating the relation between Iconic and St-Georges, please read December 7, 2017 press release “Licensing Technology Agreement with Iconic Minerals”.

Summary of the proposed industrial process

Developmental testing has results in 100% of the lithium leached to be repeatedly recuperated using the patent pending leaching technology developed by St-Georges.

Below are the steps tested in the course of Phase 1 of the development of the process.

Step 1: Screening

The lithium material is being screened out to remove pebbles and other coarse material like calcium.

(Independent testing and review of this stage was performed during the course of the months of March and April 2018 by SGS Lakefield laboratory in Ontario)

Step 2: De- Agglomeration

The agglomerated material is being fed into a roll grinder to break down the feed into the original fine particles before drying.

This was also done and reviewed by SGS Laboratory. After these 2 initial steps review, SGS performed an XRD and chemical analysis for each of the elements and crystalline forms.

Step 3: Concentration

Two approaches were developed and tested. Air classification and flotation concentration. These co-exist as linear task A and B of the concentration step at this stage. St-Georges is currently working on eliminating one of the sub-tasks with the hopes of drastically reducing costs and processing time.

Task 3a: Air Classification

In this step the material is separated by density and particle size. In the particular case of the Bonnie Claire material, the lithium is contained in the superfine particles. These particles are too fine to be screened.

Independent review and testing of Task 3a were performed in the scope of the month of November 2018 by the laboratories of Netzsch Premier Technologies LLC of Exton, Pennsylvania. The resulting material was reduced by 55% with a cut-off at 5 microns.

The resulting material was sent by Netzsch for chemical analysis to the laboratories of the Centre de Technologie minerales et de plasturgie Inc. (CTMP) at Tedford-Mines in Quebec.

The lab results confirmed that 100% of the lithium remained in the resulting concentrate when properly de-agglomerated.

Task 3b: Floatation Concentration

The CTMP labs performed, at the demand of St-Georges, a traditional froth floatation with deionized water. These tests were unsuccessful forcing the company metallurgists to adopt a different approach.

St-Georges patent pending technology using a silicate salt saturated medium will be independently reviewed and tested with bulk material within the first part of the month of April by CTMP.

Step 4: Selective Leaching

Using St-Georges’ patent pending acid mix solution of nitric and citric acids, the CTMP reviewed and independently tested 2 batches of material from the Bonnie Claire lithium deposit.

Leach test 1:

Material from this initial test was passed through tasks 1 and 2 but skipped classification and concentration. The results are:

100% of the lithium was leached at atmosphere pressure and low temperature. The total leach time was of 1 hour resulting in 12% of the initial total mass. The company set-up and intends to improve on that result.

Leach test 2:

Material from this leach test was passed through tasks 1, 2 and 3a. 100% of the lithium was leached at atmosphere pressure and low temperature. The total leach time was of 1 hour resulting in 12% of the initial total mass.

Optimization of these tasks should yield results in industrial settings that would reduce the total mass to a target percentage below 5%

Joel Scodnick, P.Geo, St-Georges Vice-President Exploration is a qualified person under NI 43-101 and has reviewed and approved the technical content of this release.

ON BEHALF OF THE BOARD OF DIRECTORS

“Enrico Di Cesare”

ENRICO DI CESARE, DIRECTOR & VICE-PRESIDENT RESEARCH & DEVELOPMENT

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

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Iconic Minerals $ICM.ca – #Hyundai Group to launch new electric-car platform by 2021 $LI.ca $MGG.ca $PAC.ca $CYP.ca $NEV.ca $SX.ca

Posted by AGORACOM-JC at 9:00 PM on Sunday, March 31st, 2019

SPONSOR: Iconic Minerals Ltd. ICM:TSX-V Bonnie Claire Lithium Property hosts Inferred resource of 11.8 billion pounds of lithium carbonate equivalent and has the potential to be the largest lithium resource globally. Learn More.

ICM: TSX-V

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Hyundai Group to launch new electric-car platform by 2021

Parent company of Hyundai, Kia and Genesis Motor will launch a new platform for electric cars in the next two years

Hyundai Group – the parent firm of Hyundai, Kia and luxury brand Genesis Motor – will launch a new platform for electric cars by 2021.

Speaking to our sister title Auto Express, an insider at Hyundai Group said: “A new platform dedicated to electric vehicles is about two years away. It will probably focus on B and C-segment [small and medium-sized] cars.”

It’ll allow Hyundai, Kia and Genesis Motor to build more bespoke electric cars. Currently, all of Hyundai Group’s electric cars are based on existing vehicles, which are also available with petrol and diesel engines,

The Hyundai Kona Electric and Kia e-Niro spawned from internal-combustion-engined cars, as did the Kia Soul EV. The latter is expected to arrive in the UK at the end of 2019, although the Kona Electric and e-Niro have sold out entirely for the remainder of this year.

“Customer demand has been higher than expected,” said a spokesperson. “It’s going to take six months to adjust to that level of demand.”

Hyundai and Kia are planning to have 38 ‘green’ cars in their product line-up by 2025, 14 of which will be fully electric. Genesis Motor is expected to launch its first electric car by 2021.

Meanwhile, Hyundai Group will also press on with the development of hydrogen fuel-cell technology; the hydrogen-powered Hyundai NEXO has just gone on sale in the UK.

“When it comes to electric vehicles, you have to ask whether you want science fiction or whether you want to conform,” design boss Luc Donckerwolke told Auto Express. “We can create something that doesn’t appeal to someone in the traditional sense.

“We need to appeal to millennials and next-generation car buyers. They’re not car people – they want to buy something else.”

Source: https://www.drivingelectric.com/news/983/hyundai-group-launch-new-electric-car-platform-2021

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#ZeU Crypto Networks Retained to Develop Global #Blockchain Infrastructure and Data Mining Components of KinectHub Initiative $SX $SX.ca $SXOOF

Posted by AGORACOM-JC at 12:44 PM on Friday, March 29th, 2019
  • Announced that its subsidiary, ZeU Crypto Networks Inc., has been retained to develop the global blockchain infrastructure and data mining components of the KinectHub initiative of Kinect Corporation
  • KinectHub is a large multi-million-dollar infrastructure project using state-of-the-art technology

Montreal, March 29, 2019 / St-Georges Eco-Mining Corp. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) is pleased to announce that its subsidiary, ZeU Crypto Networks Inc., has been retained to develop the global blockchain infrastructure and data mining components of the KinectHub initiative of Kinect Corporation.

KinectHub is a large multi-million-dollar infrastructure project using state-of-the-art technology such as blockchain, distributed storage, anonymity solution and privacy insurances to bring healthcare to third world countries.

The scope of work will be starting with a full use case analysis for 30 days. At the end of this period, a Statement Of Work (SOW) will be delivered and used as a development road-map. This will be followed by the implementation of modular components. The infrastructure will be composed of data layers, including EHR (Electronic Health Records), distributed storage, data privacy solutions. This will need to include solutions to respect legislation of concerned countries.

There will also be Distributed Ledger Technology component including permission based & public blockchain, tokenization and digital wallet solutions. It will also be composed of a data mining layer including, data mining algorithms, powerful search tools, analytics solution to ensure the qualification and structuring of high-quality actionable data. This will eventually be followed by an abstraction sandbox on which Machine Learning & Deep Learning can be ran by either internal or external parties. Finally, there will be a component of point-of-access layer from which end-users will be able to access their health records. As we go, we will use agile development methods to offer flexibility to the changing needs of the industry and/or clients.

This project development is expected to span over at least a year and will be followed by maintenance, Machine learning (ML) & Deep Learning (DL) solutions to maximize the monetization of high-quality structured health data. KinectHub expects to be delivered in countries such as Tanzania, Ethiopia, Sudan, DRC, Cameroon and India. This will cover more than half a billion human beings and will bring benefit of an unprecedented level to these countries. This multi-year multi-million-dollar mandate is expected to start production within 45 days.

Dr. Fenglian (Frances) Xu, a ZeU director and consultant to the company on matters of blockchain application to the health industry, stated “(…) Conquering disease with engagement and data is such a powerful framework for healthcare transformation and innovation. It allows patient engagement on demand to create trust between them and healthcare service providers thus improving the currently barely available healthcare. Patient Electronic Health Record (EHR) data can ensure a more accurate diagnosis and treatment. A collective of large amounts of EHR will allow the discovery of certain types of disease patterns for both treatment and prevention. It is the first time that I see a project that connects both engagement and data capture. I believe that KinectHub is definitely in the right direction and will bring a positive solution to third world countries (…)”.

Jean-Philippe Beaudet, Director & CTO of ZeU commented: “(…) KinectHub is bringing an innovative solution to an endemic problem of healthcare access in third world countries. I believe that pairing data monetization with a humanitarian goal is not only a brilliant idea but a necessity for billions of people around the globe. The technological choices made will ensure that this can be done in an ethical and private way. It is rare that we can see a data driven project with a billion-dollar potential aimed at simply helping real people with something as crucial as health (…)”.

Corporate Update

ZeU Management has been working with its auditors to answer the last list of requests and finalize the financial statements and review of intellectual property required to proceed with its proposed listing on the Canadian Securities Exchange. Management expects that all final documents and listing memorandum should be delivered to the CSE on or before April 15. Furthermore, the company confirms that it has retained the services of Computershare Canada as its Transfer Agent, McMillan LLP as its legal advisors and Dale Matheson Carr-Hilton LaBonte LLP as its auditors. The latter will be subject to confirmation at the first shareholders annual meeting (AGM) expected to be held in early June in Montreal following the listing of the corporation on the Exchange.

ON BEHALF OF THE BOARD OF DIRECTORS

“Frank Dumas”

FRANK DUMAS

DIRECTOR & COO, ST-GEORGES ECO-MINING

PRESIDENT & CEO, ZEU CRYPTO NETWORKS

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

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Good Life Networks $GOOD.ca – The Trade Desk $TTD A Fast-Growing #AdTech Company, Opens For Business In China $RUBI $AT.ca $TRMR $FUEL

Posted by AGORACOM-JC at 11:32 AM on Friday, March 29th, 2019
SPONSOR: Good Life Networks (GOOD:TSX-V) Video advertising is the future! Company’s A.I. makes 80,000 calculations / second, targeting 750 million users to deliver higher prices and volume. Company announced combined trailing 12 month revenue at just over $40 Million, $7.9M EBITDA, $3 Million net income. Click here for more information.
GOOD: TSX-V

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The Trade Desk, A Fast-Growing Ad-Tech Company, Opens For Business In China

Search engine Baidu partners with the Trade Desk in China. 

  • The Trade Desk, the fast-growing programmatic advertising platform, flung open its doors in China on Tuesday
  • Several months after announcing partnerships with key Chinese Internet players, officially offer global brands a shot at the country’s 800 million Internet users.
  • (That’s 20% of all internet users in the word.) And, 788 million of them are mobile.

Jill Goldsmith Contributor

The Trade Desk, the fast-growing programmatic advertising platform, flung open its doors in China on Tuesday. Several months after announcing partnerships with key Chinese Internet players, it can officially offer global brands a shot at the country’s 800 million Internet users. (That’s 20% of all internet users in the word.) And, 788 million of them are mobile.

Marketers are eager to tap the massive opportunity of China’s 1.4 billion population and expanding middle class. In an announcement, the Trade Desk described an active period of beta testing that delivered multi-channel campaigns to Chinese audiences in sectors ranging from hospitality, luxury retail and education to food, beverage and biotech.

Trade Desk clients can tap into China on the same proprietary Trade Desk platform they use for the rest of the world.

Programmatic advertising automates buying and selling. The Trade Desk’s platform helps marketers analyze, locate and target audiences and optimize pricing across markets and devices. The platform’s capabilities, user interface and planning tools were updated last summer in an AI-driven package called the Next Wave that’s had quick uptake by clients and helped drive robust financials in 2018.

The ad-tech company reported full-year revenue of $477 million, up 55% year-on-year. Net income jumped to $88 million from $50 million. It expects revenue to continue rising this year to $637 million. The Trade Desk was founded in 2009 in Ventura, California. It went public in 2016.

International accounted for 15% of total sales. That’s a big jump from three years ago, CEO and founder Jeff Green told investors this month, but it’s well short of where the company wants to be. China’s a major step in that expansion. “We have made a significant investment in the country over the past few years,” Green said in the statement, “and are confident in our ability to be the trusted programmatic partner to help multinational brands grow in China.”

At the Mach 6 investor event, Green described an even bigger mandate he sees. “We are not just there to ride the wave [of a rising middle class], but to empower it. Helping people decide for the first time what kind of laundry detergent to washing machine to buy.”

The Trade Desk now has some 50 employees in offices in mainland China and Hong Kong and is looking to hire about 20 more. According to its latest 10k, it has 724 clients around the world, mostly advertising agencies or divisions within them.

In an interview, Tim Sims, SVP of inventory partnerships, shrugged off Wall Street jitters over China’s slower growth because the market is just so big and the number of connected consumers growing so fast. “What’s so incredible to me is that, in a relatively short period of time, in less than a generation, [the population equivalent of] two United States are getting access to the internet.”

Sims said myriad deals beyond those with the big four partners the company announced had to be set up over the course of a challenging several years. In the US and Europe, he noted, media, tech and data companies often serve multiple markets. “In China, every single partner is new to us,” he said.

Source: https://www.forbes.com/sites/jillgoldsmith/2019/03/26/the-trade-desk-opens-for-business-in-china-with-alibaba-baidu-tencent/#62139ad23601

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BetterU Education Corp. $BTRU.ca – The Startup On A Mission To Create A Truly O2O #Edtech Ecosystem $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 10:15 AM on Friday, March 29th, 2019
SPONSOR:  Betteru Education Corp. Connecting global leading educators to the mass population of India. BetterU Education has ability to reach 100 MILLION potential learners each week. Click here for more information.
BTRU: TSX-V

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The Startup On A Mission To Create A Truly O2O Edtech Ecosystem

  • According to a study conducted by KPMG and Google, India’s online education market will grow to $1.96 billion by 2021.
  • Online to Offline or O2O segment in India is heating up with Reliance planning to foray into e-commerce backed by its 7500+ offline stores and Paytm scaling down its Paytm Mall to focus on the O2O space, led by its acquisition of NearBuy.

Bengaluru: The Online to Offline or O2O segment in India is heating up with Reliance planning to foray into e-commerce backed by its 7500+ offline stores and Paytm scaling down its Paytm Mall to focus on the O2O space, led by its acquisition of NearBuy.

A recent report by The Boston Consulting Group pegged 5% of volume and 16% of value of purchases in the Indian retail space to O2O channels. The Indian customer is now smartphone savvy and uses the online world for discovery but prefers an offline experience before buying, especially in high ticket segments. The trend is clear with all major players now having offline presence, across every segment such as fashion (Myntra, YepMe), furniture (UrbanLadder, PepperFry), kids (FirstCry), opticals (LensKart), jewellery (CaratLane),fitness (Cure.fit) and more.

Education, especially outsourced to help for K-12 parents, has one of the greatest needs for an O2O experience but that remains largely untapped. According to a study conducted by KPMG and Google, India’s online education market will grow to $1.96 billion by 2021. However, the average rate of completion of online courses is less than 10%. Hence, there is a strong need for an offline learning centre with a teacher or a coach to help in learning and doubt solving.

The sweet spot in outsourced learning help lies in the Blended Approach of digital content with offline consumption. PlanetSpark, one of India’s fastest growing edtech startups is working on this huge O2O opportunity in the K-8 edtech space. The company has developed highly engaging and gamified digital learning content for children that can be consumed at any of its offline experience centres across the country, thus providing a seamless learning experience.

The parents discover the content through PlanetSpark’s free learning app loaded with thousands of learning games, learning cartoons and quizzes. “After parents discovers us online through our app, they have the option to take up a premium learning plan or experience the learning content at any of our experience centres in the presence of a PlanetSpark certified teacher. Many parents opt for a classroom learning and digital content plan. However, a visit to the offline experience centre also helps parentsin decision making for the purchase of the ‘at home’ digital plan”, said Kunal Malik, Co-Founder of PlanetSpark.

An O2O (online to offline) strategy has helpedPlanetSpark to optimize students’ experience. The students can learn at home using digital content through a PlanetSpark ‘child safe’ tablet or a mobile app. They can then visit their nearest experience centre to get mentorship and support from a certified teacher.

“We operate in two models. First, we have home based learning centres, completely managed by our top teachers. Second, we have partnered with several space-sharing companies to lease safe and asset-light shared learning spaces to set up a PlanetSpark experience centre that can accommodate 50-100 students while keeping the capex minimal. We have already set-up over 300 experience centres and are now live in 7 cities across India. We are on a rapid expansion mode and aim to be the largest player in the O2O edtech space by the end of 2019.”, says Maneesh Dhooper, Co-Founder of Planet Spark.

Backed by FIITJEE, India’s largest Education company, PlanetSpark will use the funds to aggressively grow its online learners to 5 million and its offline experience centres across 5 more cities.

Source: https://indiaeducationdiary.in/startup-mission-create-truly-o2o-edtech-ecosystem/

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ThreeD Capital Inc. $IDK.ca – #Blockchain Spending in 2019 to Grow to $2.9 Billion, 88.7% Growth Since 2018 $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 10:00 AM on Friday, March 29th, 2019

SPONSOR: ThreeD Capital Inc. (IDK:CSE) Led by legendary financier, Sheldon Inwentash, ThreeD is a Canadian-based venture capital firm that only invests in best of breed small-cap companies which are both defensible and mass scalable. More than just lip service, Inwentash has financed many of Canada’s biggest small-cap exits. Click Here For More Information.

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Blockchain Spending in 2019 to Grow to $2.9 Billion, 88.7% Growth Since 2018

  • The amount spent on blockchain technology by businesses seeking to utilise the trust-enhancing features of distributed ledgers is expected to grow to $2.9 million in 2019
  • This would represent a growth of 88.7% over the $1.5 billion spent on the technology during 2018

By: Rick D.

The amount spent on blockchain technology by businesses seeking to utilise the trust-enhancing features of distributed ledgers is expected to grow to $2.9 million in 2019. This would represent a growth of 88.7% over the $1.5 billion spent on the technology during 2018.

The reported figures come from the International Data Corporation (IDC) who recently updated its “Worldwide Semiannual Blockchain Spending Guide.” According to a representative for the IDC, the tech has moved out of the design phase and into actual use and this shift will drive a lot of the expected spending through the next ten months.

New Industries Finding New Ways to Use Blockchain

The IDC report states that the financial sector will continue to account for the lion’s share of the spending on blockchain technology during 2019. The estimated figure here is $1.1 billion. This will come from a variety of interests, including: banking, securities and investment services, and insurers.

Another notable sector expected to be a part of the group of biggest blockchain spenders is that of manufacturing and resources. These industries will reportedly account for $653 million combined. They are also expected to see the largest growth in spending over the entire five year period with a CAGR of 77.6%.

Coming close behind manufacturing and resources is the distribution and services industries. Firms doing business in these industries  are expected to spend $642 billion on exploring and implementing blockchain technology during 2019.

Blockchain technology is being explored by a range of industries.

According to IDC vice president of the Customer Insights and Analysis programme, Jessica Goepfert, the technology is still very much in its infancy and businesses are still at the phase of explosive innovation when it comes to its implications:

“The use cases that comprise the blockchain opportunity are developing as swiftly as the technologies enabling it. While spending for more developed use cases in the financial sector like trade finance and cross-border payments is still healthy and growing strong, relative to six months ago we’ve seen an acceleration in spending across a variety of other areas, such as energy settlements and warranty claims.”

As part of the report, documenting the five year period between 2018 and 2022, the IDC states that it expects the total spent on blockchain to reach $12.4 billion by the final year of the sample.

A director of research at Worldwide Blockchain Strategies, James Webster, commented on the projected growth in spending on blockchain:

“Blockchain is maturing rapidly, and we have reached an inflection point where implementations are moving quickly beyond the pilot and proof of concept phase.”

According to Webster, the figures gathered by the IDC reports will give crucial insight into over the technology is being adopted by different industries and where it is having the largest impact.

Source: https://www.newsbtc.com/2019/03/04/blockchain-spending-2019-grow/

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Monarch Gold $MQR.ca Sells Pandora Royalty $GDX.ca $ECR.ca $MZZ.ca $QMX.ca $IMG.ca $IAG $MUX

Posted by AGORACOM-JC at 8:13 AM on Friday, March 29th, 2019
  • Pandora royalty was part of the assets that Monarch acquired from Richmont Mines in October 2017
  • In return for the Pandora royalty, Monarch’s payments for the McKenzie Break and Swanson properties will be reduced by $800,000

MONTREAL, March 29, 2019 – MONARCH GOLD CORPORATION (“Monarch” or the “Corporation”) (TSX: MQR) (OTCMKTS: MRQRF) (FRANKFURT: MR7) is pleased to report that it has sold a 0.5% Net Smelter Return (NSR) royalty on the Pandora property (the “Pandora royalty”) to Agnico Eagle Mines Limited.  The Pandora royalty was part of the assets that Monarch acquired from Richmont Mines in October 2017. In return for the Pandora royalty, Monarch’s payments for the McKenzie Break and Swanson properties will be reduced by $800,000, as follows:

Dates Payment Original
Agreement 		Amended
Agreement 		Status
December 21, 2017 Payment in shares $600,000 $600,000 Paid
December 21, 2018 Cash payment Payment in shares $400,000 $600,000 $400,000 $600,000 Paid
Paid
December 21, 2019 Cash payment Payment in shares $400,000 $600,000 $400,000 –
December 21, 2020 Cash payment Payment in shares $400,000 $600,000 $400,000 $400,000
December 21, 2021 Cash payment Payment in shares $400,000 $600,000 $400,000 $600,000
Total $4,600,000 $3,800,000

“This is a great deal for Monarch, allowing us to reap even more benefits from the Richmont transaction by monetizing a non-core asset,” said Jean-Marc Lacoste, President and Chief Executive Officer of Monarch. “The McKenzie Break property has gained tremendously in value since we started drilling in 2018, as we have been able to expand the deposit and confirm its high-grade potential. As mentioned in our March 20, 2019 press release, we are presently analyzing the results of the 2018 drilling on McKenzie Break and planning the follow-up program for 2019.”

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.

View original content to download multimedia:http://www.prnewswire.com/news-releases/monarch-gold-sells-pandora-royalty-300820791.html

SOURCE Monarch Gold Corporation

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Iconic Minerals $ICM.ca – EVs forecasted to drive global lithium-ion battery market $LI.ca $MGG.ca $PAC.ca $CYP.ca $NEV.ca $SX.ca

Posted by AGORACOM-JC at 9:00 AM on Thursday, March 28th, 2019

SPONSOR: Iconic Minerals Ltd. ICM:TSX-V The Bonnie Claire Lithium property hosts Inferred resource of 11.8 Billion pounds of lithium carbonate equivalent and has the potential to be the largest lithium resource globally. Learn More.

ICM: TSX-V

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EVs forecasted to drive global lithium-ion battery market

  • Grand View Research forecasts the global lithium-ion battery market to register a 17% growth by 2025.
  • Revenue generation within the market is expected to reach $93 billion by 2025.

The electric vehicles (EV) market is expected to be a major driver for the overall marketplace.

The growing adoption of lithium-ion batteries in portable consumer electronics and grid storage systems will accelerate its growth.

“As automakers ramp up production for evermore EVs, demand on the power grid from EVs will grow exponentially. According to best estimates, growth in EV adoption could drive a 300-fold increase in electricity consumption by 2040, compared to 2016.

“The current grid will need to evolve significantly to accommodate that growth, driving a blitz of new innovation in wind and solar power, which will ultimately shift global reliance on coal toward clean energy alternatives,” according to a statement.

EV market growth

The rapid growth of the EV market is a result of increased focus on EVs by governments in efforts to reduce carbon emissions through the implementation of clean environment legislations banning gas-powered vehicles.

Governments such as the US have intensified iissueng incentives to accelerate consumer adoption of EVs.

The rising demand for efficient but clean energy is also accelerating the lithium market and causing prices to rise dramatically.

The energy storage systems segment is expected to witness the fastest growth rate because of the ongoing developments in the wind and solar PV across the world.

In 2018, lithium prices surged by 45%, or to $16,500 per ton year-over-year as the demand began to outpace the supply.

Ongoing technological advancements are aimed towards reducing the weight of these batteries, while also maintaining the ability to provide sufficient power.

Source: https://www.esi-africa.com/industry-sectors/future-energy/evs-forecasted-to-drive-global-lithium-ion-battery-market/

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