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OKX offers $3M total prize pool as it bridges Web3 and football

The OKX Football Festival will include an NFT game, a trading competition and special staking deals through OKX's Earn platform.

VICTORIA, Seychelles, Nov. 08, 2022 (GLOBE NEWSWIRE) — OKX, the world's second–largest crypto exchange by trading volume, today launched the OKX Football Festival in anticipation of national football teams meeting this month in Qatar. The OKX Football Festival consists of the NFT Football Cup, the 2022 OKX Football Cup Trading Competition and the Earn Super Hatrick
fan token staking series.

Kicking off the OKX Football Festival is the NFT Football Cup1, which offers a total of $1M in spot rewards. From November 8, fans will be able to mint up to three free NFTs2 corresponding to their favorite national teams. NFT holders will split spot rewards of 20,000 USDT each time their team advances through the group stages, with the prize pools for each eliminated team being transferred to the team that knocks them out. OKX will add 10 USDT to the prize pool for each NFT minted.3 Users will be allowed to participate in the event with any ETH wallet.

Find out more about the OKX NFT Football Cup here.

From mid November, fans will also be offered the chance to pit their crypto trading skills against one another in the 2022 OKX Football Cup Trading Competition. This contest will see teams of at least 10 traders compete for a total prize pool worth up to $2M. New user rewards, quiz–based prizes, and referral rewards will also be up for grabs.4

Haider Rafique, Chief Marketing Officer, OKX, said: "OKX is here to help people find new and innovative ways to celebrate their passions. As we raise our flags in support of our national teams this year, I hope these digital experiences help bring the crypto and football communities together and show newcomers the world of opportunities Web3 and crypto can offer them. OKX is investing heavily in its already leading Web3 Wallet and NFT Marketplace platforms, and I can confidently say that this exciting festival is only the beginning of the new opportunities we'll be offering."

Launching on November 11, the Earn Super Hatrick event will see a series of staking deals for the fan tokens of Manchester City ($CITY), Portugal ($POR), Argentina ($ARG), Flamengo ($MENGO) and the Chiliz ($CHZ) token offered. Potential APYs for the staked tokens will rise as high as 300% for $CITY and 200% for $POR, $ARG and $MENGO.5 $CITY is the official fan token of the Manchester City Football Club, for which OKX is the official cryptocurrency exchange partner.

From mid–November, OKX will also be offering the chance to win special Mystery Boxes that are themed for this winter's big tournament. Mystery Box holders will be offered the chance to win $CHZ, $ARG, $CITY and $POR tokens in addition to the reward tokens already on offer.6

For further information, please contact:
Media@okx.com

Disclaimer:
By participating, you agree that OKX's Web3 Ecosystem Terms of Service and OKX Terms and Conditions apply in full. Void where prohibited by Applicable Laws. Residents of Restricted Locations, Canada, Florida, and New York are not eligible to participate.

Trading competition terms and conditions:
OKX reserves the right to disqualify a user if they engage in inappropriate, fraudulent, or abusive activities during the competition (e.g., wash trading, volume faking, participating using multiple accounts, market manipulation, etc.).
If our risk control system detected similar trading strategies, only the participant with the highest P&L (%) or profit will be permitted to continue in the competition.
If our risk control system detected matched trading activities, all associated users will be disqualified from the competition. Users who cancel more than 10 orders per minute may be disqualified during the competition.
If a team leader from a top 10 team is disqualified, their share of the reward will be divided by the team's top 10 qualified members with a trading volume equal or greater than 10,000 USDT.
OKX reserves the right of final interpretation of the Terms & Conditions. If you have any questions, please get in touch with our customer service.

About OKX
OKX is the second biggest global crypto exchange by trading volume and a leading web3 ecosystem. Trusted by more than 20 million global customers, OKX is known for being the fastest and most reliable crypto trading app for investors and professional traders everywhere.

As a top partner of English Premier League champions Manchester City F.C., McLaren Formula 1, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new financial and engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.

Beyond OKX's exchange, the OKX Wallet is the platform's latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.

To learn more about OKX, download our app or visit: okx.com

_______________________________________________
1 The OKX Web3 Ecosystem Terms of Service and the OKX Terms of Service apply. Void where prohibited by Applicable Laws. Residents of Restricted Locations, Canada, Florida, and New York are not eligible to participate.
2 Users will be required to stake 10 USDT per NFT, with their funds being returned in full after the tournament's completion.
3 Fans can also burn their NFTs at any time after minting ends in order to claim their share of their team's prize pool.
4 The OKX Terms of Service apply. Trading Competition Terms and Conditions also apply.
5 The OKX Terms of Service apply.
6 The OKX Terms of Service apply.

A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/a206810c–29cd–47c6–bdc8–5da04b69e2e9


GLOBENEWSWIRE (Distribution ID 8691200)

Morrow Sodali Strengthens Its Market Leading Position With New Australian Acquisition

NEW YORK, Nov. 04, 2022 (GLOBE NEWSWIRE) — Morrow Sodali, the world's leading shareholder engagement and governance advisory firm, announced today the acquisition of Australian financial communications and investor relations agency, Citadel–MAGNUS, its first since TPG Growth secured a majority stake in April of this year.

The Australian based acquisition represents a significant expansion of Morrow Sodali's service offering in the APAC region to meet the rapidly growing global demand from corporations for strategic communications and investor engagement services.

The combination of Morrow Sodali and Citadel–MAGNUS brings together two trusted market leading consultancies to provide best in class strategic counsel and support to our clients. Citadel–MAGNUS will be fully integrated into Morrow Sodali enabling the firm to provide a seamless offering and the most comprehensive suite of investor relations and communications solutions to listed and private entities with the intention of rolling out the expanded services to other markets.

The acquisition marks a significant step forward in Morrow Sodali's strategy to accelerate its growth by investing in services that create value for its clients world–wide.

Alvise Recchi, CEO of Morrow Sodali, commented, "As part of Morrow Sodali's strategic global growth strategy, the addition of Citadel–MAGNUS will expand our service offering to encompass a broader suite of Board, C–Suite and ESG advisory, Investor Relations and Financial Communications services. We can't wait to see the potential of this exciting opportunity realised as we continue to grow in new markets around the world."

Christian Sealey, CEO of Morrow Sodali's International Business added, "More and more, our clients are coming to us seeking advice and assistance across a wide array of areas covering shareholder communication, stakeholder engagement, capital markets intelligence, corporate governance and ESG advisory. Acquiring Citadel–MAGNUS enables us to provide strategic solutions for our clients and uniquely positions us to become their ongoing trusted partner of choice."

Peter Brookes, Joint Managing Director of Citadel–MAGNUS said, "Our team is thrilled to be joining forces with Morrow Sodali. We are seeing a growing need to provide clients with an end–to–end offering across the financial calendar and increasingly complex event driven activity where good communication is paramount. The combination of our firms brings together two leading and trusted advisory companies that are deeply embedded in corporate Australia and who share a strong focus on delivering exceptional client service."

About Morrow Sodali

Morrow Sodali is a global corporate advisory firm that provides clients with comprehensive advice and services relating to corporate governance, ESG, sustainability, proxy solicitation, capital markets intelligence, shareholder and bondholder engagement, M&A, activism and contested situations.

From headquarters in New York and London and offices in global capital markets, Morrow Sodali serves over 1,000 clients in more than 80 countries, including many of the world's largest multinational corporations. Clients include listed and private companies, mutual fund groups, stock exchanges and membership associations.

In 2022, Morrow Sodali is celebrating its 50th anniversary and also secured a majority investment from TPG Growth, the middle market and growth equity platform of alternative asset firm TPG. This partnership will significantly advance the firm's mission of providing clients worldwide with unrivalled strategic advice and comprehensive support, enabling them to maximize value and expertly manage stakeholder relations.

For more information about Morrow Sodali, please visit www.morrowsodali.com.

About Citadel–MAGNUS

Citadel–MAGNUS is a leading corporate and financial communication firm with offices in Sydney and Perth, servicing clients across Australia and internationally.

We have established a reputation for delivering outstanding results for our clients through trusted relationships, integrity and professional excellence. Our priority is to support clients' business objectives through effective communication and a superior level of service.

Citadel–MAGNUS brings an unrivalled depth of financial markets, corporate and media experience to help companies address the challenges of today's highly competitive and changing business environment. We have worked with companies in all sectors and of all sizes, and our success has led to established, long–term partnerships with business leaders and companies.

For more information, visit www.citadelmagnus.com.

CONTACT:

Elena Cargnello

Corporate Director, Marketing

e.cargnello@morrowsodali.com

+44 (0)20 4513 6913


GLOBENEWSWIRE (Distribution ID 1000754955)

Dominica paves clear path to climate resiliency amid climate-related disasters

ROSEAU, Dominica, Sept. 26, 2022 (GLOBE NEWSWIRE) — The climate crisis is real. Several severe weather patterns are confirming this.

Take Pakistan, the scale of the recent deadly flooding in that country is staggering to say the least. Floods triggered by early monsoon rains began in June and remained intense throughout the season. A full one–third of Pakistan is underwater""an amount of land that exceeds the total area of the United Kingdom. More than 30 million people or 15 percent of the population have been affected – 1,200 people have lost their lives and half a million are homeless.

After Hurricane Maria left an estimated 90 percent of buildings damaged or destroyed in Dominica in 2019, the small Caribbean Island of just 70,000 has been on a clear path to become the first climate–resilient nation by 2030.

According to Germanwatch's 2021 Global Climate Risk Index "" an Index that analyses to what extent countries and regions have been affected by impacts of weather–related loss event "" Dominica ranked 11th out of 150 countries at risk based on an analysis of extreme weather events between 2000 and 2019. Two factors were cited for Dominica: the impact of global warming on rising sea levels that increase the risk of storm surges, and the increase in the strength of hurricanes. Dominica is at risk to earthquakes and volcanic eruptions, floods and landslides, and hurricanes.

The Prime Minister of Dominica, Dr Roosevelt Skerrit, has been an advocate and voice for sustainability, urging nations across the globe to implement serious and tangible measures to deal with global warming as they impact smaller nations more acutely.

He recently conveyed his condolences over material and human losses caused by the floods in Pakistan and again called upon the international community to stand together to act against climate change in order to mitigate its often–deadly consequences. He said, “Together, we must ensure a better future for our coming generations.”

Taking to Twitter he stated, “The Commonwealth of Dominica stands in solidarity with Pakistan at this time of crisis. Climate change is destroying the world, and it is now our time to take responsible actions.”

Dominica is leading the fight against climate change, and the government continues to invest in new projects and programmes to achieve their goal of resiliency and having the strength to fight back when catastrophic events occur.

This year marks five years since Dominica witnessed the deadliest Hurricane Maria.

Dominica's objective to become resilient by 2030 needs around EC$4 billion to EC$5 billion in funding and around 40 percent of that funding could come from funds generated through the country's citizenship by investment programme.

In response to the destruction caused by Hurricane Maria, Dominica launched a climate resilience policy framework to help guide its recovery journey in the form of the National Resilience Development Strategy 2030 (NRDS). The NRDS speaks to the overall policy framework of the government and summaries 43 resilience goals desired to assure that development is people centred.

The Climate Resilience and Recovery Plan of Dominica aims to build strong communities, build a robust economy, have a well–planned and durable infrastructure; strengthen institutional systems and, protect and sustain natural and other unique assets.

It centres around three pillars: structural resilience, financial resilience, and post–disaster resilience.

Pillar 1: Structural resilience:

Under this pillar, the government of Dominica strives to build a resilient infrastructure capable of withstanding natural disasters, including category five hurricanes. It includes the construction of climate–resilient homes, healthcare centres, roads, bridges, airports and schools.

The revolutionary “Housing Initiative” will deliver climate–resilient homes to the public, who were displaced as a result of Tropical Storm Erika and Hurricane Maria in 2015 and 2017, respectively. The government is aiming to construct more than 5 000 climate–resilient homes and has already handed over keys to about 1 500 families who were displaced by Hurricane Maria.

The construction of 40 climate–resilient homes in the Salybia constituency commenced in February 2022.

In July of this year, Dominica also launched the “Future Housing Programme” which provides reasonably priced homes to youth aged 45 or younger.

The World Bank Emergency Agriculture Livelihoods and Climate Resilience Project is a five–year projects worth US$25 million and it aims to restore agricultural livelihoods and enhance the climate resilience of farmers and fishers affected by Hurricane Maria.

The project will ensure:

  • Farmers adopt new technologies and climate–smart practices for increasing modification and climate resilience in the crop, livestock, and fishing sectors;
  • Reconstruction and climate proofing of key agriculture infrastructure.

Several bridges have been built and damaged roads have been rehabilitated with the inclusion of slope retention walls and expanded sections to increase capacity and facilitate the movement of larger construction machinery.

Pillar 2: Financial Resilience:

The government of Dominica is implementing institutional fiscal reform to ensure stronger fiscal resilience which will aid in the strengthening of debt sustainability utilising several key institutional fiscal areas.

Pillar 3: Post Disaster and Social Resilience

This pillar helps encourage farmers to plant more root crops which are more resilient to heavy rain and wind, increases farmer training programmes and government assistance with the provision of seeds and fertilizers. The government's plan to strengthen food security, includes specific policies for the resiliency of the agriculture and fisheries industries.

During a time when larger and more developed countries have been holding talk–shops about finding accurate solutions to climate change, Dominica has emerged with concrete and efficient plans and strategies to mitigate the effects of these global issues.

Nandi Canning (PR Dominica) nandi.canning@csglobalpartners.com +27828215664


Dominica paves clear path to climate resiliency amid climate-related disasters

ROSEAU, Dominica, Sept. 26, 2022 (GLOBE NEWSWIRE) — The climate crisis is real. Several severe weather patterns are confirming this.

Take Pakistan, the scale of the recent deadly flooding in that country is staggering to say the least. Floods triggered by early monsoon rains began in June and remained intense throughout the season. A full one–third of Pakistan is underwater""an amount of land that exceeds the total area of the United Kingdom. More than 30 million people or 15 percent of the population have been affected – 1,200 people have lost their lives and half a million are homeless.

After Hurricane Maria left an estimated 90 percent of buildings damaged or destroyed in Dominica in 2019, the small Caribbean Island of just 70,000 has been on a clear path to become the first climate–resilient nation by 2030.

According to Germanwatch's 2021 Global Climate Risk Index "" an Index that analyses to what extent countries and regions have been affected by impacts of weather–related loss event "" Dominica ranked 11th out of 150 countries at risk based on an analysis of extreme weather events between 2000 and 2019. Two factors were cited for Dominica: the impact of global warming on rising sea levels that increase the risk of storm surges, and the increase in the strength of hurricanes. Dominica is at risk to earthquakes and volcanic eruptions, floods and landslides, and hurricanes.

The Prime Minister of Dominica, Dr Roosevelt Skerrit, has been an advocate and voice for sustainability, urging nations across the globe to implement serious and tangible measures to deal with global warming as they impact smaller nations more acutely.

He recently conveyed his condolences over material and human losses caused by the floods in Pakistan and again called upon the international community to stand together to act against climate change in order to mitigate its often–deadly consequences. He said, “Together, we must ensure a better future for our coming generations.”

Taking to Twitter he stated, “The Commonwealth of Dominica stands in solidarity with Pakistan at this time of crisis. Climate change is destroying the world, and it is now our time to take responsible actions.”

Dominica is leading the fight against climate change, and the government continues to invest in new projects and programmes to achieve their goal of resiliency and having the strength to fight back when catastrophic events occur.

This year marks five years since Dominica witnessed the deadliest Hurricane Maria.

Dominica's objective to become resilient by 2030 needs around EC$4 billion to EC$5 billion in funding and around 40 percent of that funding could come from funds generated through the country's citizenship by investment programme.

In response to the destruction caused by Hurricane Maria, Dominica launched a climate resilience policy framework to help guide its recovery journey in the form of the National Resilience Development Strategy 2030 (NRDS). The NRDS speaks to the overall policy framework of the government and summaries 43 resilience goals desired to assure that development is people centred.

The Climate Resilience and Recovery Plan of Dominica aims to build strong communities, build a robust economy, have a well–planned and durable infrastructure; strengthen institutional systems and, protect and sustain natural and other unique assets.

It centres around three pillars: structural resilience, financial resilience, and post–disaster resilience.

Pillar 1: Structural resilience:

Under this pillar, the government of Dominica strives to build a resilient infrastructure capable of withstanding natural disasters, including category five hurricanes. It includes the construction of climate–resilient homes, healthcare centres, roads, bridges, airports and schools.

The revolutionary “Housing Initiative” will deliver climate–resilient homes to the public, who were displaced as a result of Tropical Storm Erika and Hurricane Maria in 2015 and 2017, respectively. The government is aiming to construct more than 5 000 climate–resilient homes and has already handed over keys to about 1 500 families who were displaced by Hurricane Maria.

The construction of 40 climate–resilient homes in the Salybia constituency commenced in February 2022.

In July of this year, Dominica also launched the “Future Housing Programme” which provides reasonably priced homes to youth aged 45 or younger.

The World Bank Emergency Agriculture Livelihoods and Climate Resilience Project is a five–year projects worth US$25 million and it aims to restore agricultural livelihoods and enhance the climate resilience of farmers and fishers affected by Hurricane Maria.

The project will ensure:

  • Farmers adopt new technologies and climate–smart practices for increasing modification and climate resilience in the crop, livestock, and fishing sectors;
  • Reconstruction and climate proofing of key agriculture infrastructure.

Several bridges have been built and damaged roads have been rehabilitated with the inclusion of slope retention walls and expanded sections to increase capacity and facilitate the movement of larger construction machinery.

Pillar 2: Financial Resilience:

The government of Dominica is implementing institutional fiscal reform to ensure stronger fiscal resilience which will aid in the strengthening of debt sustainability utilising several key institutional fiscal areas.

Pillar 3: Post Disaster and Social Resilience

This pillar helps encourage farmers to plant more root crops which are more resilient to heavy rain and wind, increases farmer training programmes and government assistance with the provision of seeds and fertilizers. The government's plan to strengthen food security, includes specific policies for the resiliency of the agriculture and fisheries industries.

During a time when larger and more developed countries have been holding talk–shops about finding accurate solutions to climate change, Dominica has emerged with concrete and efficient plans and strategies to mitigate the effects of these global issues.

Nandi Canning (PR Dominica) nandi.canning@csglobalpartners.com +27828215664


OKX Lite is here to make trading and earning on crypto easier than ever before

VICTORIA, Seychelles, Sept. 23, 2022 (GLOBE NEWSWIRE) — OKX, the world's second largest cryptocurrency exchange, today announced the launch of OKX Lite, a simplified version of its trading app that makes it easy for users to buy, sell, swap and put their crypto to work.

With a more streamlined look and feel than the version aimed at experienced traders, OKX Lite aims to meet the expectations of HODLers and those new to trading by offering streamlined access to the features that matter most. These include:

  • Buying, selling and swapping with just a few taps
  • Making on and off–chain transfers (sending and receiving)
  • Staking crypto to earn on assets
  • The ability to monitor market movements while on the go
  • Access to the $10,000 Mystery Box referral program

The launch of OKX Lite comes in the immediate wake of the company launching its first global brand campaign, entitled "What is OKX?". The launch of the campaign signaled the exchange announcing itself to the world, while OKX's partnerships with prominent sports and entertainment institutions like Manchester City FC, McLaren Formula 1 and the Tribeca Festival have introduced both OKX and the world of crypto trading to a whole new audience. OKX Lite affords these users a safer and simpler entry into the world of crypto trading, helping them avoid getting out of their depth as they enter the space.

With its launch of OKX Lite, OKX is also furthering its commitment to promoting responsible trading, broadening access to crypto and removing barriers to financial freedom. As users of OKX Lite gradually develop their crypto trading expertise, the OKX app will allow them to grow in the way they interact with it, eventually allowing them to utilize it like an experienced crypto trader.

Haider Rafique, Global Chief Marketing Officer, OKX, said: "OKX Lite is our way to give traders and investors the easiest and most enjoyable way to plan, build and manage a crypto portfolio. When you look at our new UI, it may remind you of your traditional brokerage app, with upgrades that really enhance the day–to–day crypto experience. The ability to transition smoothly between Lite, Pro, and Wallet mode is designed very intentionally. We hope our customers not only enjoy the sleek new UI, but that this upgrade helps them smoothly transition between these three modes, which have been introduced very deliberately.”

Those who join OKX now can also invite their friends to win Mystery Boxes worth up to $10,000.

Find out more about OKX Lite here. Ready to go Lite? Get started here.

For further information, please contact:
Media@okx.com

About OKX
OKX is the second biggest global crypto exchange by trading volume and a leading web3 ecosystem. Trusted by more than 20 million global customers, OKX is known for being the fastest and most reliable crypto trading app for investors and professional traders everywhere.

As a top partner of English Premier League champions Manchester City F.C., McLaren Formula 1, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new financial and engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.

Beyond OKX's exchange, the OKX Wallet is the platform's latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.

To learn more about OKX, download our app or visit: okx.com


Travel and Leisure Magazine ranks Commonwealth of Dominica as one of the best islands in the world

ROSEAU, Dominica, Sept. 21, 2022 (GLOBE NEWSWIRE) — Dominica has been ranked among the 25 best islands across the globe by Travel + Leisure Magazine. The island nation ranked eighth in the annual survey conducted by the luxury magazine.

Every year, World's Best Awards survey Travel + Leisure readers asking them to weigh in on travel experiences around the globe and share their opinions on the top cities, islands, cruise ships, spas, airlines, and more. Readers rated islands according to their activities and sights, natural attractions and beaches, food, friendliness, and overall value.

In the eyes of Travel + Leisure readers, the best islands in the world promise much more than aquamarine waters, dramatic coastlines, and pristine beaches.

The Commonwealth of Dominica, known as the Nature Isle of the Caribbean, took eighth spot in the survey for reasons including its lush green jungles, striking black–sand beaches and natural hot springs.

Dominica scored 91 points in the survey, surpassing 17 other island countries.

The island offers tourists relaxation, seclusion, and eco–adventures set against a backdrop of the most beautiful beaches and rainforests.

Well–known as the Nature Isle for over 300 amazing reasons, Dominica lures largely eco–adventurers with its 365 rivers, Boiling Lake, Champagne Reef, rainforest–shrouded volcano, sulphurous hot springs, superb diving sites and the Caribbean's first long–distance hiking trail.

Halfway between Guadeloupe and Martinique, Dominica is the only place in the Eastern Caribbean that is still home to a sizeable population of indigenous people, the Kalinago, who have lived on the island since the 13th century.

Based on geological activity Dominica is one of the youngest islands in the Caribbean chain, having first emerged from the sea during the Oligocene era approximately 26 million years ago and is one of the last Caribbean islands to have been formed by volcanic activity. The island is a vibrant tapestry of European and African cultures.

In June this year, Dominica earned the title of #1 Island in the Caribbean, securing the number one ranking in its debut in the prestigious travel and leisure World's Best Awards which focussed on the areas including the Caribbean, Bermuda and The Bahamas. As one of the Caribbean's most sparsely populated, environmentally conscious, and culturally rich countries, Dominica is fast emerging as a top travel destination.

Since the Ministry of Tourism through the Discover Dominica Authority (DDA) launched its bold new destination rebrand in February 2022, the Commonwealth of Dominica has already seen triple digit growth percentagewise to tourist arrivals in the country. This has also been enhanced by airlift via a direct flight from mainland U.S. with American Airlines.

Dominica attracts a more discerning traveller looking for wellness, regenerative and adventurous travel and, more importantly, a sustainable and eco–conscious destination. Those looking to travel to less crowded, off–the–beaten–track destinations will welcome the country's health and wellness assets, rich flora and fauna, and cultural heritage."

Some of these assets include Secret Bay, a six–star all–villa rainforest resort experience magnificently designed in harmony with the environment to make visitors feel at one with nature. Secret Bay has been named Travel and Leisure's No #1 Resort for the region which includes the Caribbean, Bermuda and The Bahamas for 2022. The resort topped the World's Best Awards reader's survey for the second time in three years in the region.

As travellers search for deeper, more distinctive, and more meaningful experiences, destinations need to protect what is distinctive and focus on quality over quantity. This is exactly what Dominica offers to travellers as it continues its sustainable and eco–conscious drive.

While eco–friendly travel may be a new trend for some, it has always been at the forefront of planning and development for Dominica. With nationwide commitments to not only minimising its environmental impact but essentially eliminating it altogether, Dominica is on track to become the world's first climate–resilient country by 2030. One top initiative supporting this ambitious goal is a switch to 100% domestic renewable energy production as a contribution to a zero–carbon economy.

Set to be completed in 2022 is a geothermal energy plant in the Roseau Valley, which is expected to generate approximately 120 megawatts of electricity. Dominica's geology is ideal for supporting this type of energy, which is reliable, effective and low cost.

The World Best Awards are compiled from an annual survey developed by the editors of Travel + Leisure, in association with research firm M&RR, from October 25 through to February 28, readers are invited to participate and rate the best hotels, airlines, cruises and islands.

In the most recent CBI Index Report, a rating system designed to measure the performance and appeal of global citizenship by investment (CBI) programmes across a diverse range of indicators, Dominica secured the number one spot for the sixth consecutive year, beating 11 other nations with active citizenship by investment programmes.

Citizenship by Investment programmes offer the opportunity to legally acquire citizenship of a country in return of a contribution to a government fund of that country or investment in one of its pre–approved real estate projects. CBI programmes ultimately provide a unique occasion for investors wishing to access increased business opportunities as well as for countries that may benefit from foreign direct investment to assure wider economic growth to its citizens.

Initiatives subsidised by the direct foreign investment transferred through Dominica's CBI Programme, in fact, contribute to the island's education and tourism sector, healthcare infrastructure, as well as the creation of environmentally friendly resorts and villas and hurricane–resistant homes for Dominican families.

Established in 1993, the Dominica Citizenship by Investment Programme is one of the longest standing in the citizenship by investment industry, and has welcomed foreign investors from across the globe to obtain citizenship of the nation for over 3 decades.

Contact:
PR Dominica
Nandi.canning@csglobalpartners.com
+27828215664


Flash News: OKX Lists LDO, Discounts More Blue-chip NFTs and Offers up to 65.35% Staking APY

VICTORIA, Seychelles, Sept. 02, 2022 (GLOBE NEWSWIRE) — OKX, the world's second largest crypto exchange, has issued business updates for the week of September 2, 2022:

OKX lists Lido
Trading of LDO will start according to the following schedule:

  1. LDO deposits open at 03:00 am UTC on Sep. 2
  2. LDO/USDT Spot trading open at 10:00 am UTC on Sep. 2
  3. LDO withdrawals open at 10:00 am UTC on Sep. 3

LDO is an Ethereum token granting governance rights in the Lido DAO. The Lido DAO governs a set of liquid staking protocols, decides on key parameters and executes protocol upgrades to ensure efficiency and stability. By holding the LDO token, one is granted voting rights within the Lido DAO.

OKX offers discounted 0N1 Force, Isekai Meta and Sneaky Vampire Syndicate NFTs

Super Discounts is a series of events that offer opportunities to buy premium NFTs at discounts. These NFTs are sold on a first–come, first–served basis.

See below for more:

Round Collections Starts at Discounted price
Second round 0N1 Force

Isekai Meta

Sneaky Vampire Syndicate

 12:00 pm UTC+00:00 on September 2nd, 2022 0.01 ETH


Users offered up to 56.32% APY with ELF, EGLD, ICX, QTUM and FLOW Staking

OKX Earn will launch ELF, EGLD, ICX, QTUM and FLOW staking on Sep. 5th, 2022 at 03:00 am UTC. Spots are limited and available on a first–come, first–served basis.

Staking rewards at a glance:

Crypto Product Term Total Subscription Limit Individual Limit APY
ELF Staking 120 Days 500,000 ELF 50 ELF 56.32%
EGLD Staking 120 Days 4,000 EGLD 5 EGLD 20.65%
ICX Staking 120 Days 150,000 ICX 15 ICX 15.18%
QTUM Staking 120 Days 100,000 QTUM 5 QTUM 7.62%
FLOW Staking 120 Days 140,000 FLOW 14 FLOW 17.69%

Find out more on the OKX Support Center.

For further information, please contact:
Media@okx.com

About OKX

OKX is a leading crypto trading app, and a Web3 ecosystem. Trusted by more than 20 million global customers in over 180 international markets, OKX is known for being the fastest and most reliable crypto trading app of choice for investors and professional traders globally.

To learn more about OKX, download our app or visit: okx.com


OKX Issues ETH Merge Service Update

VICTORIA, Seychelles, Aug. 27, 2022 (GLOBE NEWSWIRE) — OKX, the world–leading cryptocurrency app, has issued a service update to its users ahead of September's much–anticipated ETH Merge.

The announcement is intended to ensure that users are prepared for the event. It also outlines OKX's protocol and provides information on asset protection.

As a new token might be created during a hard fork, OKX will be taking precautionary steps to reduce the trading risks brought about by price volatility during the hard fork. OKX takes its responsibility to safeguard user assets very seriously, and will be ready to assist users in handling any technical issues that may arise during the Merge.

OKX's update can be read in full below:

Based on the Ethereum Foundation's announcements, the Merge will occur when Ethereum Mainnet reaches a block height of 15,540,293. This will happen sometime between September 10–20, 2022, perhaps around September 15, 2022 (UTC). The Merge will occur in two steps, Bellatrix and Paris.

Bellatrix is a consensus layer upgrade to make the Beacon Chain “Merge aware.” It will occur when the Beacon Chain reaches an epoch height of 144,896, around September 6, 2022 (UTC).

Paris is the execution layer's transition from proof–of–work (“PoW”) to proof–of–stake (“PoS”). It will occur when Ethereum's PoW chain achieves a Terminal Total Difficulty (TTD) value of 58750000000000000000000, around September 15, 2022 (UTC).

At this point, Ethereum's execution layer will merge into the proof–of–stake Beacon Chain, and Ethereum's PoW chain will shut down, completing The Merge.

To ensure the security of your assets, we recommend that you deposit ETH to OKX ahead of time. OKX will assist you in handling any technical issues that may arise during the Merge.

As a new token might be created during a hard fork, OKX will take the following steps to reduce the trading risks brought about by price volatility during the hard fork:

1. Suspension of ETH deposits and withdrawals

OKX will suspend ETH and other Ethereum–based (ERC–20) token deposits and withdrawals during the two upgrade events. We will announce the specific date and time.

  • September 6, 2022 (UTC) for the Bellatrix consensus layer upgrade
  • September 15, 2022 (UTC) for the Paris execution layer upgrade

2. Regarding The Merge

There are two likely scenarios that will take place during The Merge.

Scenario A
No new tokens are created during The Merge. OKX will resume ETH and ERC–20 token deposits, withdrawals, and cross–chain bridge services once we confirm that the Ethereum Mainnet is stable and secure.

Scenario B
New tokens are created during The Merge. OKX will treat the tokens generated on the Ethereum PoS chain as “ETH” and treat tokens generated on the Ethereum PoW chain as forked tokens.

Before the Paris upgrade, forked token creators may take snapshots of your ETH balances. Forked tokens will then be airdropped to you at a 1:1 ratio to your ETH holdings and will be available for deposits and withdrawals. Further details regarding the airdrop will be included in a separate announcement.

The forked tokens will go through our normal listing review process before anyone can trade them on OKX. We will notify you in a separate announcement if the tokens pass the review.

3. Trading services

Spot trading: The Merge will not affect spot trading for ETH and ERC–20 tokens.

Margin trading: The Merge will not affect trading for ETH cross and isolated margin pairs. However, OKX will suspend ETH margin borrowing and VIP borrowing services. Before service suspension, OKX might adjust the margin borrowing interest rate based on market conditions. We will notify you of the adjustments in a separate announcement.

Please note that if you have any outstanding ETH loans, including the negative equity in your trading account's multi–currency margin mode, at the time of the snapshot, you will have to repay the loan using the forked tokens, in the event of Scenario B. It is recommended that you repay your ETH loans in advance.

Futures and perpetual trading: The Merge will not affect ETHUSDT and ETHUSD perpetual swaps, nor ETHUSDT and ETHUSD futures trading.

Options trading: The Merge will not affect ETHUSD options trading.
As ETH prices might experience extreme fluctuations during the Merge, please reduce or close your positions, reduce your leverage, or increase your margin in advance. Based on market conditions, OKX might take further risk control measures, which we will notify you about in separate announcements. These may include, but are not limited to:

1 Adjusting the margin tiers for ETH perpetual swaps and futures contracts
2Adjusting ETH's margin discount rate tiers in multi–currency mode and portfolio margin mode
3Adjusting the funding rate and the price limits for ETH perpetual swaps
4Adjusting the constituents for ETH/USDT and ETH/USD index prices and the mark price of ETH contracts.

4. Grow services

Savings, Staking, Dual Investment, and Smart Gain will not be affected by the Merge. Your invested ETH will be included in the snapshot. Please ensure you take sufficient risk control measures, as price volatility is often high during contentious hard forks.

Loan: The Merge will not affect ETH loans. Any ETH collateral will be included in the snapshot. Any ETH liability will also be included in the snapshot and you will have to repay with the forked token in case of a hard fork.

ETH 2.0 Staking: Subscriptions will be suspended on the day of September 6 and September 15, 2022. Your BETH profits will be distributed normally. Whether staked ETH will be included in the snapshot depends on how the forked chain handles ETH2.0 contracts. There will be a separate announcement explaining the specifics.

DeFi mining: Subscriptions to all projects will not be affected. On–chain staking and redemption will be suspended on the day of September 6 and September 15, 2022. Redemption and profit distribution will be delayed.

5. Fiat services

The Merge will not affect fiat services.

6. Convert

The Merge will not affect ETH conversion services.

For any inquiries regarding this listing, please feel free to contact us in the official OKX Telegram group or via the Support Center.

For further information, please contact:
Media@okx.com

About OKX
OKX is the second biggest global crypto exchange by trading volume and a leading web3 ecosystem. Trusted by more than 20 million global customers, OKX is known for being the fastest and most reliable crypto trading app for investors and professional traders everywhere.

As a top partner of English Premier League champions Manchester City F.C., McLaren Formula 1, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new financial and engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.

Beyond OKX's exchange, the OKX Wallet is the platform's latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.

To learn more about OKX, download our app or visit: okx.com


OKX and LinkedIn Co-author Global Blockchain Industry Talent Report

  • The supply and demand of talent in the global blockchain field are out of balance, with candidates in short supply
  • The demand for core talent has shifted from financial–oriented to technical focused
  • The average tenure of global blockchain talents is 1.2 years, the turnover rate is high, and the flow of talent is mainly within the blockchain industry

VICTORIA, Seychelles, Aug. 10, 2022 (GLOBE NEWSWIRE) — OKX, the world–leading cryptocurrency platform and LinkedIn, the world's largest professional network, have co–authored a report that highlights the imbalance between the supply and demand of qualified talent in the global blockchain industry.

The in–depth research, based on LinkedIn's exclusive big data analysis, took data from 180 countries in the period between January 2019 and June 2022. It covers the blockchain sector, as well as sub–industries that include the cryptography, quantum computing and distributed ledger sectors, as well as more than 15 other related sub–industries.

The report reveals that, as of June 2022, the supply and demand of talent in the global blockchain field are out of balance, with qualified candidates in short supply. The total number of LinkedIn members working in the blockchain field has increased by 76% year–on–year, but the major countries that blockchain sector candidates have traditionally come from are experiencing negative talent growth. China, where growth is stable, is the exception to this trend.

Haider Rafique, Chief Marketing Officer, OKX, said: “The results of the study we have conducted with LinkedIn reflect our own ongoing search for great talent at OKX. We announced previously that we were going to increase our headcount by 30% by the end of next year and this remains true. I am confident that OKX's leadership among crypto exchanges, our determination to constantly innovate and improve the user experience, and our certainty that blockchain and Web 3.0 is the future will allow us to continue to attract the best talent.”

The research also shows that the demand for core talent has shifted from financial–oriented to candidates with technical skills. In terms of number of job postings, R&D specialists top the global demand, followed by information technology. Product management, marketing and human resources job offerings are not far behind. From the perspective of recruitment demand, financial candidates are now ranked in the sixth position.

Another challenge highlighted by the report involves the short tenure of candidates and the high turnover rate. The "LinkedIn Global Talent Big Data Insights' report shows that the average tenure of global blockchain talent is 1.2 years. The report also shows that in addition to the influx of talent from traditional financial and technology companies, talent movement in the global blockchain industry is mainly based on intra–industry flow.

Linda Tse, Global Talent Acquisition Lead, OKX said: “As a booming frontier industry that is affected by the talent trends of the entire blockchain sector, the competition for high–quality candidates and the frequent movement of talent is somewhat inevitable. That being said, OKX's strong focus on innovation, professional development, work–life balance and our mission–driven mindset are supporting our talent growth strategy. We received almost 19,000 job applications in May of 2022, and this number has only kept on increasing”

The full OKX/LinkedIn Global Blockchain Industry Talent Report can be found at OKX.com and on LinkedIn.

For further information, please contact:
Media@okx.com

About OKX
OKX is a leading crypto trading app, and a Web3 ecosystem. Trusted by more than 20 million global customers in over 180 international markets, OKX is known for being the fastest and most reliable crypto trading app of choice for investors and professional traders globally.

To learn more about OKX, download our app or visit: okx.com


OKX makes peer-to-peer trading safe, accessible and fee-free

  • In addition to expanding payment methods to make P2P Trading more accessible, OKX acts as an intermediary to offer risk management to traders
  • OKX also does not charge any fees for P2P Trading

VICTORIA, Seychelles, Aug. 02, 2022 (GLOBE NEWSWIRE) — World–leading cryptocurrency platform OKX has today introduced its new–and–improved P2P (peer–to–peer) Trading platform. The service not only allows users to trade seamlessly between one another, but makes safe, reliable P2P trading available to a far broader range of users.

P2P Trading on OKX empowers users to become their own marketplace by issuing "advertisements" in order to trade with one another and better control the price they buy and sell at. This includes users in unbanked markets who may lack access to conventional banking infrastructure. OKX's P2P Trading platform not only offers more than 900 payment methods from across 40 different currencies, but is offered to users free of fees.

Lennix Lai, Director of Financial Markets, OKX, said: "P2P Trading on OKX empowers users to trade on their own terms. But more importantly, it makes secure person–to–person trading accessible to far more people, including those around the world who lack access to traditional banking services. This is one of the ways in which OKX is empowering users the world over to liberate themselves from traditional financial systems and strive to attain financial independence."

The OKX platform plays a facilitation and risk management role in P2P trades. After a deal is struck between users, OKX holds the funds in escrow until the buyer's payment is confirmed. This allows the exchange to manage the risks faced by users and ensure safe and stable trading between them.

OKX's overhaul of its P2P Trading platform includes a new–and–improved homepage UI, and an easy–to–use navigation bar that makes it easy to switch seamlessly between the marketplace, orders and ads. The revamp also provides streamlined access to P2P guides, FAQs and tutorials to help users learn how to get the best out of the platform.

Discover more about how to P2P trade on the OKX Academy, or check OKX P2P Trading out for yourself here.

For further information, please contact:
Media@okx.com

About OKX
OKX is a leading crypto trading app, and a Web3 ecosystem. Trusted by more than 20 million global customers in over 180 international markets, OKX is known for being the fastest and most reliable crypto trading app of choice for investors and professional traders globally.

To learn more about OKX, download our app or visit: okx.com