Blockchain

German Memecoin OceanDoge Launches with a Focus on Ocean Preservation

Frankfurt, Germany, September 9th, 2024, Chainwire

OceanDoge, a German-based cryptocurrency project, has announced the official launch of its token presale, offering a unique opportunity to participate in a blockchain initiative that combines digital asset development with marine conservation efforts.

OceanDoge is committed to supporting marine conservation while creating a sustainable ecosystem for its token holders. With 71% of the Earth’s surface covered by oceans and 78% of the world’s wildlife living in the seas, OceanDoge recognizes the urgent need for action.

A central part of the project is supporting environmental organizations such as Oceana and other major ocean preserving foundations, which will be funded through donations to protect the oceans and their inhabitants.

OceanDoge as an Environmental Movement in the Crypto Space

OceanDoge sees itself not only as a cryptocurrency but also as a movement that brings people together and promotes collective action for a better planet. By supporting major environmental organizations, the project aims to make a positive impact on the environment.

With a clear token distribution, thoughtful planning, and a solid roadmap, OceanDoge aims to play a long-term role in the crypto world. The developers invite interested parties to join the “OceanDoge Revolution” and work together to protect the oceans and the planet.

Presale Stages and Targets

The OceanDoge presale is divided into several phases, each with different price and sales targets. The presale will involve a total of 54 billion tokens and aims to raise up to $21.15 million:

| Stage | Token Price (USDT) | Tokens Sold (ODG) | Target Fundraise (USDT) |

| 1 | 0.0001 USDT | 28,500,000,000 ODG | $2,850,000 USDT |

| 2 | 0.0004 USDT | 18,750,000,000 ODG | $7,500,000 USDT |

| 3 | 0.0016 USDT | 6,750,000,000 ODG | $10,800,000 USDT |

| Total | – | 54,000,000,000 ODG | $21,150,000 USDT |

Summary:

The OceanDoge presale offers an opportunity for early investors who may value a tiered pricing model. A total of 54 billion tokens will be sold in three phases at varying prices, with an expected total raise of $21.15 million.

OceanDoge’s Future Plans

OceanDoge has outlined its roadmap in five phases, ranging from the introduction of the token to supporting marine conservation projects and strengthening its community. The key milestones include:

1. Initial phase with the creation of smart contracts and token presale.

2. Marketing campaigns and exchange listings.

3. Supporting environmental projects and donating to foundations.

4. Enhancing security measures and community growth.

5. Loyalty programs, governance, and the establishment of its own foundation to support ocean conservation.

Tokenomics and Further Details

The total supply of OceanDoge tokens is 180 billion. Of these, 30% are allocated for the presale, with the token price starting at 0.0001 USDT and increasing through multiple phases. Long-term investors may have opportunities to earn additional rewards by holding and staking their tokens.

About OceanDoge

OceanDoge is a German-based cryptocurrency project that combines blockchain technology with a mission to support marine conservation. By funding environmental organizations and promoting sustainable practices, OceanDoge aims to create a positive impact on ocean preservation while building a long-term ecosystem for its token holders. With a clear roadmap and token distribution, the project seeks to engage a global community in protecting the planet’s oceans. For more information, readers can visit the website: https://oceandoge.com/

Contact

OceanDoge Official
OceanDoge memecoin 2024
info@oceandoge.com

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Fundbox Secures Warehouse Capacity from Cross River and Waterfall Asset Management

2024-09-17T15:32:44Z

SAN FRANCISCO, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Fundbox, a leading embedded capital platform for SMBs, announces a new credit facility with Cross River, a technology infrastructure provider that offers embedded financial solutions, and Waterfall Asset Management, a global alternative investment advisor. The agreement brings Fundbox’s total annual origination capacity to over $2B, including existing capacity.

The financing facilities will support Fundbox’s mission to empower the SMB economy by meeting the working capital needs of small businesses, primarily through embedded experiences in the tools they use every day. Fundbox’s cross-platform data sharing and cutting-edge underwriting technology enable SMB platforms to offer capital to their customers right within their products. The backing of Cross River and Waterfall will further enable Fundbox to develop innovative products to help platform partners deliver the funding their small business customers need.

“Small businesses need capital more than ever before. The number of US small businesses grew 3x the rate of the US consumer population in the last decade, while bank funding for SMBs has fallen 15% year-over-year,” said Renuka Nayani, Fundbox CFO. “Credit capacity from Cross River and Waterfall help ensure we are well-capitalized to meet this need. We are thrilled to work with these established institutions to help close the trillion-dollar gap in small business funding.”

“Fundbox has steadfastly supported America’s small businesses while delivering through-the-cycle performance to its investors. We are proud to back the company’s next stage of growth with this credit facility,” said Drew Friedberg, Director of Principal Finance at Cross River. “This alliance furthers our mission to empower fintech companies and small businesses with access to credit.”

"Fundbox has demonstrated exceptional commitment to enhancing the financial landscape for small businesses. We are excited to support their continued growth and innovation,” said Nate Huebscher, Director at Waterfall. “This agreement aligns with our dedication to supporting dynamic lending solutions and fostering opportunities for small businesses to thrive.”

About Fundbox

Fundbox is the pioneer of embedded working capital solutions for SMBs, leading the charge in best-in-class embedded finance offerings since 2015. Fundbox empowers the small business economy by offering fast, simple access to working capital through the digital tools businesses already use. Fundbox has partnered with leading SMB platforms to help over 125,000 customers unlock growth with fast, simple access to over $5B of capital.

For press inquiries, please contact pr@fundbox.com.

About Cross River Bank

Cross River provides technology infrastructure powering the future of financial services. Leveraging its proprietary real-time banking core, Cross River delivers innovative and scalable embedded payments, cards, and lending solutions to millions of consumers and businesses. Cross River is backed by leading investors and serves the world’s most essential fintech and technology companies. Leading the industry, Cross River is reshaping global finance and financial inclusion. Member FDIC. Find out more at www.crossriver.com.


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