Magma

The Pond Ecosystem to release Layer 2 Blockchain, Magma while Leading the Crypto 2.0 Revolution to Empower the People.

Retrieved on: 
Wednesday, April 3, 2024

The Pond ecosystem was created by the controversial crypto personality Jeremy Cahen AKA @ Pauly0x to give power and value back to the holders.

Key Points: 
  • The Pond ecosystem was created by the controversial crypto personality Jeremy Cahen AKA @ Pauly0x to give power and value back to the holders.
  • What distinguishes Pond0x from other DEX's are the numerous benefits to users of the platform.
  • The Ecosystem will also include it’s Layer 2 blockchain MAGMA which was built to solve many of the current issues faced in the current crypto environment.
  • All the information provided is subject to change at any time due to market conditions or source retractions including editorial modifications.

REI Co-op brands introduces new products for spring including nongendered options

Retrieved on: 
Wednesday, March 6, 2024

SEATTLE, March 6, 2024 /PRNewswire/ -- REI Co-op announced the launch of its new spring line of gear and apparel. Highlights include the Active Pursuits collection, the brand's first nongendered apparel assortment for adults. Additionally, REI Co-op shared plans for its in-house brand to move beyond a gender-specific designation where it makes sense. As part of this initiative, the co-op's best-selling Magma down and Zephyr synthetic backpacking sleeping bag models have been redesigned to be more inclusive and cater to a wider range of body shapes. These new sleeping bags are now available in nine different sizes on REI.com.

Key Points: 
  • Highlights include the Active Pursuits collection, the brand's first nongendered apparel assortment for adults.
  • Additionally, REI Co-op shared plans for its in-house brand to move beyond a gender-specific designation where it makes sense.
  • "We believe that everyone has a right to feel comfortable while enjoying the outdoors," says Isabelle Portilla, vice president of REI Co-op brands.
  • REI Co-op's spring 2024 collection is available in REI stores and on REI.com now.

Magma Art Collaboration Platform Closes $5M Seed Round Led by GFR Fund with Participation from International Game Publisher Bandai Namco Entertainment

Retrieved on: 
Tuesday, December 12, 2023

AUSTIN, Texas, Dec. 12, 2023 /PRNewswire/ -- Magma, a collaborative browser-based art creation and project management platform with more than 2 million users across 100+ countries, has closed a Seed Round of funding. The $5M raise was led by Silicon Valley-based GFR Fund, with contributions from Bandai Namco Entertainment 021 Fund, 4founders, Supernode Global, Gaingels, Anorak Ventures, Acequia Capital and leading industry angels. With the funding, innovative new features will be introduced to Magma's all-in-one art platform that allows art teams to easily exchange ideas on one canvas, and improve output and workflows. The Round is also being used to expand the international team including key hires in operations, business development, and sales. Oli Strong has recently joined as the company's CSO/COO and Heather Shelton was hired as the Commercial Director.

Key Points: 
  • The $5M raise was led by Silicon Valley-based GFR Fund, with contributions from Bandai Namco Entertainment 021 Fund, 4founders, Supernode Global, Gaingels, Anorak Ventures, Acequia Capital and leading industry angels.
  • The Round is also being used to expand the international team including key hires in operations, business development, and sales.
  • It is the only professional art collaboration and management tool that offers integrated version control, in-app video chat, and generative AI.
  • Magma is trusted by industry leaders in animation studios, game development, art studios, leading creative higher education institutions, and more.

OXYGEN ESPORTS EXPANDS PARTNERSHIP WITH GAMERTECH AHEAD OF THE COMMERCIAL LAUNCH OF GAMERTECH'S MAGMA GLOVE

Retrieved on: 
Tuesday, November 14, 2023

FOXBOROUGH, Mass., Nov. 14, 2023 /PRNewswire/ -- Oxygen Esports (OXG), the parent company of the Boston Breach and Boston Uprising, are thrilled to announce the renewal and expansion of their partnership with GamerTech®, a designer and manufacturer of performance wearables and advanced apparel solutions for gamers. The latest renewal celebrates GamerTech's fourth year as Oxygen Esports' Official Performance Apparel Partner. This marks an exciting new chapter for the two brands as they work collectively to bring innovative performance and wellness wearables to gamers globally. The expansion of this partnership arrives at a critical moment as the two groups are working closely to launch GamerTech's flagship product, the Magma Glove, in early 2024 to consumers globally.

Key Points: 
  • As an extension of prior years' collaborations Oxygen Esports and GamerTech are thrilled to commercially launch co-branded performance wear, including the Magma Glove, which uses intelligent thermotherapy to decrease warm-up time and reduce wear during extended gaming sessions, resulting in increased performance.
  • "We are honored to continue our work with GamerTech for a fourth straight year," said Adam Morrison, Chief Operating Officer of Oxygen Esports.
  • As GamerTech enters their exciting next phase of growth, we look forward to supporting the launch of their innovative Magma Glove and other performance wear in 2024.
  • "We are thrilled to finally introduce the Magma glove to the gaming and esports community worldwide," said Amila Pathirana, Co-Founder of GamerTech.

Amboss Quenches Business Demand for Lightning Network Payments with "Hydro" Liquidity Automation

Retrieved on: 
Thursday, September 14, 2023

PORTLAND, Ore., Sept. 14, 2023 /PRNewswire-PRWeb/ -- Amboss, the leading data analytics provider for the Bitcoin Lightning Network (LN), announces the launch of Hydro, a first-of-its-kind subscription that automates liquidity for the lightning network, enabling businesses to receive payments without having to become lightning network experts and without relinquishing custody.

Key Points: 
  • Hydro automatically sources lightning network liquidity for businesses to alleviate the maintenance expertise that lightning channel management demands.
  • PORTLAND, Ore., Sept. 14, 2023 /PRNewswire-PRWeb/ -- Amboss , the leading data analytics provider for the Bitcoin Lightning Network (LN), announces the launch of Hydro , a first-of-its-kind subscription that automates liquidity for the lightning network, enabling businesses to receive payments without having to become lightning network experts and without relinquishing custody.
  • Hydro offers a simple way for businesses to automatically source payment liquidity from decentralized sources to their lightning node, a key for adoption of the lightning network.
  • To learn more about Amboss or subscribe to Amboss' one-stop shop for Lightning Network insights, services and more, visit: https://amboss.space/ .

We've discovered how diamonds make their way to the surface and it may tell us where to find them

Retrieved on: 
Wednesday, July 26, 2023

It may even provide clues to where is best to go looking for them.

Key Points: 
  • It may even provide clues to where is best to go looking for them.
  • Diamonds, being the hardest naturally-occurring stones, require intense pressures and temperatures to form.
  • So how do they get from deep within the Earth, up to the surface?

Supercontinent cycles

    • Most geologists agree that the explosive eruptions that unleash diamonds happen in sync with the supercontinent cycle: a recurring pattern of landmass formation and fragmentation that has defined billions of years of Earth’s history.
    • The other theory involves mantle plumes, colossal upwellings of molten rock from the core-mantle boundary, located about 2,900km beneath the Earth’s surface.
    • In addition, many kimberlites don’t display the chemical “flavours” we’d expect to find in rocks derived from mantle plumes.
    • In contrast, kimberlite formation is thought to involve exceedingly low degrees of mantle rock melting, often less than 1%.

Domino effect

    • We propose that a domino effect can explain how breakup of the continents eventually leads to formation of kimberlite magma.
    • During rifting, a small region of the continental root – areas of thick rock located under some continents – is disrupted and sinks into the underlying mantle.
    • Here, we get sinking of colder material and upwelling of hot mantle, causing a process called edge-driven convection.

Finding new diamond deposits

    • On the contrary, the breakup of tectonic plates may or may not result from the warming, thinning and weakening of the plate caused by plumes.
    • The processes triggering the eruptions that bring diamonds to the surface appear to be highly systematic.
    • This information could be used to identify the possible locations and timings of past volcanic eruptions tied to this process, offering insights that could enable the discovery of diamond deposits and other rare elements needed for the green energy transition.

Amboss Launches LINER Index for Measuring BTC Yield & Cost to Support Enterprise Adoption of Lightning Network Payment Infrastructure

Retrieved on: 
Tuesday, June 6, 2023

PORTLAND, Ore., June 6, 2023 /PRNewswire-PRWeb/ -- Amboss, the leading data analytics provider for the Bitcoin Lightning Network (LN), announces the launch of LINER (Lightning Network Rate), a first-of-its-kind index that demonstrates low risk yield for enterprise bitcoin holders for the first time. LINER can be thought of as a benchmark interest rate for bitcoin free from credit risk.

Key Points: 
  • LINER (Lightning Network Rate), was created as a novel index to measure bitcoin returns on the Lightning Network, demonstrating its potential for low-risk enterprise yield.
  • PORTLAND, Ore., June 6, 2023 /PRNewswire-PRWeb/ -- Amboss , the leading data analytics provider for the Bitcoin Lightning Network (LN), announces the launch of LINER (Lightning Network Rate), a first-of-its-kind index that demonstrates low risk yield for enterprise bitcoin holders for the first time.
  • Amboss created LINER as a novel and insightful dual index, including LINER Cost and LINER Yield, to measure both sides of the lightning market: buyers of liquidity and sellers of liquidity.
  • To learn more about Amboss or subscribe to Amboss' one-stop shop for Lightning Network insights, services and more, visit: https://amboss.space/ .

Amboss Technologies Raises $4M Led by Stillmark to Optimize the Bitcoin Lightning Network as the Financial System of the Future

Retrieved on: 
Tuesday, April 25, 2023

PORTLAND, Ore., April 25, 2023 /PRNewswire-PRWeb/ --- Amboss Technologies, Inc. ("Amboss"), a pioneering data analytics company for the Bitcoin Lightning Network, announced today it raised $4 million in Seed funding from Stillmark, a leading Bitcoin-native VC. The round also includes participation from such VCs as Valor Equity Partners, Draper Associates, Fulgur Ventures, and Ride Wave Ventures.

Key Points: 
  • ("Amboss"), a pioneering data analytics company for the Bitcoin Lightning Network, announced today it raised $4 million in Seed funding from Stillmark, a leading Bitcoin-native VC.
  • With over 17,000 payment provider nodes, the Lightning Network provides a decentralized alternative to traditional payment networks, yet this emerging, peer-to-peer financial system is becoming more complex.
  • Jesse Shrader, co-founder and CEO of Amboss, remarked, "The data analytics platform we've built with Amboss showcases the many advantages of the Lightning Network as a community-controlled financial system.
  • As the Lightning Network disrupts traditional payment methods, Amboss' contributions in optimizing routing and offering innovative solutions are accelerating a counter-cyclical financial revolution.

NEXCOM & Connect 5G Join Forces to Accelerate Deployment of Fixed Wireless Networks With Opus Magma

Retrieved on: 
Thursday, February 23, 2023

Connect 5G was seeking more reliable platform partners to expand its solution portfolio too.

Key Points: 
  • Connect 5G was seeking more reliable platform partners to expand its solution portfolio too.
  • Furthermore, we gain one more trustworthy partner - Connect 5G, and we are looking forward to more cooperation opportunities in the future."
  • ", says Patrik Melander the co-founder, Chairman and CEO of Connect 5G , "By leveraging the strengths of Opus Magma built on the ARM architecture, regional operators can provide high-quality, affordable Fixed Wireless services to their communities.
  • Moreover, this advanced edge computing enables the rapid deployment of 5G networks, which bring high-speed connectivity and low latency to rural communities"

NEXCOM & Connect 5G Join Forces to Accelerate Deployment of Fixed Wireless Networks With Opus Magma

Retrieved on: 
Thursday, February 23, 2023

Connect 5G was seeking more reliable platform partners to expand its solution portfolio too.

Key Points: 
  • Connect 5G was seeking more reliable platform partners to expand its solution portfolio too.
  • Furthermore, we gain one more trustworthy partner - Connect 5G, and we are looking forward to more cooperation opportunities in the future."
  • Connect 5G is leading the adoption and porting of Magma project to ARM architecture under its solution named Opus Magma.
  • Moreover, this advanced edge computing enables the rapid deployment of 5G networks, which bring high-speed connectivity and low latency to rural communities."