Business
Coinsilium Group Limited: Web3 Collaboration ...
Coinsilium Group Limited: Web3 Collaboration ....
About this update from Coinsilium Group Ltd.
[{"type":"text","content":"\n \n \n \n\n\t\n\n\n\n\n\n\n\n\n\n\n\nCoinsilium Group Limited (COIN)\n\n\n\n\n\n\nCoinsilium Group Limited: Web3 Collaboration with Liteflow Update First Web3 Start-Up Pitch Day set for 30 July 2024 25-Jul-2024 / 12:00 GMT/BST\n\n\n \n\nCOINSILIUM GROUP LIMITED\n\n \n\n(\"Coinsilium\" or the \"Company\")\n\n \n\nCoinsilium Group Limited: Web3 Collaboration with Liteflow Update\n\nFirst Web3 Start-Up Pitch Day set for 30 July 2024\n\nLondon, UK, 25 July 2024 - Coinsilium Group Limited (AQSE: COIN) (OTCQB: CINGF), the Web3 investor, advisor, and venture builder is pleased to provide an update on its strategic collaboration agreement with Liteflow, a Web3 and NFT Tool Suite provider. \n\nAs announced on 2 July 2024, Coinsilium and Liteflow signed a Memorandum of Understanding (“MoU”) as a first step in a planned long term strategic collaboration agreement, with an initial campaign launched in tandem, offering pre-selected start-up projects access to US$1million in dedicated seed project funding. This initiative forms part of a programme to identify and support the next generation of leading Web3 projects.\n\nTargeted projects were to be selected from best-in-class DeFi, GameFi, and SocialFi applications.\n\nWe are pleased to report that the first Web3 Start-Up Pitch Day has now been set for 30 July 2024 and the short-listed projects named below have now been selected from numerous applications received earlier this month.\n\nOpenCloset.ai, the one-stop platform for every brand willing to get into Web3 with scientific proof; \n Astra Nova, a revolutionary action RPG co-created by and for gamers;\n Qudo, a Web3 gaming platform that converts Web2 into Web3 games;\n Shockwaves, an FPS game powered by AI and music; and\n Cyrator, a crypto research community and social media platform to share crypto reviews, project updates and news. \nProject founders and teams will be pitching via a private video conferencing session and at the end of the process selected projects may receive an offer of potential seed investment and advisory services. Given the high number of applications received, it is expected that Liteflow and Coinsilium will hold Pitch Day sessions on a monthly basis over the course of 2024.\n\nEddy Travia, Chief Executive at Coinsilium, commented: “It is exciting to see this initiative with our partners at Litef...