Blockchain

Kampela Secures Polkadot Network Investment, Becomes First Fully DAO-Funded Hardware Wallet

Kuopio, Finland, September 12th, 2024, Chainwire

Kampela, an innovative hardware startup, has successfully secured funding through a Decentralized Autonomous Organization (DAO) on the Polkadot network, marking a significant milestone as the first hardware project to be fully backed by a DAO in the Polkadot ecosystem. This achievement demonstrates the power of decentralized governance in supporting tangible technological innovations and opens new possibilities for hardware development in the blockchain space.

Kampela’s device leverages NFC technology and operates without the need for wired charging or a battery, showcasing a novel approach to secure, user-centric hardware wallets. The company’s innovative strategy consolidates both the design and production processes within a single integrated platform, enabling the delivery of highly differentiated solutions to the market.

Key Highlights:

– Funding secured through Polkadot Referenda #62, #370, and #886, totalling approximately 253,000 DOTs (around $1 million USD at current DOT price)

– Transparent, community-driven decision-making process

– Establishes a new model for supporting hardware innovation in the blockchain industry

– Battery-free operation powered exclusively by NFC during active use

– Secure NFC-only connectivity, eliminating vulnerable USB interfaces

Kirill, ex-CISO of Parity and Kampela’s Co-Founder, stated, “Not only is Kampela one of the very few fully open hardware wallets on the markets (you can get everything, up to the precise machining instructions for the casing, from our GitHub), but the project is also a brilliant example of the power of DAOs in the new, blockchain-enabled economy: the project was funded via the Polkadot Treasury (one of the biggest DAOs in the world right now), and it is thanks to this funding that our designs are so uncompromisingly open, free, and democratic.”

The successful funding of Kampela through a DAO on the Polkadot network showcases how community-driven funding can fuel advancements in secure, user-centric devices. This achievement is expected to attract attention from blockchain enthusiasts, hardware innovators, investors interested in decentralized funding models, and Polkadot community members and stakeholders.

Kampela’s hardware design features several enhanced security measures, including battery-free operation and secure NFC-only connectivity. The device remains completely powered down when not in use, deterring physical access or tampering, and its NFC-only communication provides an additional security layer compared to traditional USB interfaces.

With six hardware revisions conducted and 54 components in its design, Kampela represents a significant leap forward in blockchain hardware innovation. As the first fully DAO-funded hardware project in the Polkadot ecosystem, Kampela sets a new precedent for how hardware startups can leverage decentralized funding and governance to bring cutting-edge products to market.

For more information about Kampela and its innovative hardware wallet, readers can visit https://www.kampe.la/ or https://x.com/kampela_signer

About Kampela

Kampela, a Finnish startup, is revolutionizing secure transaction management with its innovative NFC-powered hardware device. Operating without Bluetooth, USB, or batteries, it features an e-ink display and open-source design. Tailored for blockchain applications and backed by the Web3 Foundation and Polkadot Treasury, Kampela offers a sustainable, secure solution for digital interactions in decentralized systems.

Media Contact:

Viktoria

CMO [Telegram: @vikrpc ]

Contact

CMO
Viktoria
Kampela
vv.repich@gmail.com

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The Awareness Group (TAG) and Freedom Holdings Close Reverse Merger Agreement

2024-09-18T11:00:00Z
  • Led by industry veteran Pablo Diaz, TAG is an emerging alternative energy company with solar, blockchain, marketing and fintech assets
  • The TAG GRID will form the foundation of an aggressive organic and inorganic growth strategy to provide an all-inclusive, all-encompassing solution to commercial and residential customers within the alternative energy space

SCOTTSDALE, Ariz., Sept. 18, 2024 (GLOBE NEWSWIRE) -- The Awareness Group LLC (TAG), founder of the TAG GRID and an emerging player in the alternative energy space, and Freedom Holdings, Inc. (OTC PINK: FHLD), an SEC-reporting company, today announced the companies closed a reverse merger transaction whereby TAG became a wholly owned and operating subsidiary of Freedom Holdings, Inc.

Pablo Diaz, CEO of TAG commented, “As a public company, we can now move forward with our aggressive and unique growth strategy to build a leading business within the Alternative Energy sector. In the coming months, we will unveil the details of our growth strategy and the key business and corporate development initiatives that will enable us to successfully drive growth through the TAG GRID and create shareholder value. We look forward to keeping investors, partners, customers and employees updated as the business develops.”

Key Merger Terms

  • TAG shareholders will obtain the ability to control 89.5% of FHLD through a restated Series A Preferred class of stock;
  • TAG CEO Pablo Diaz and the TAG management team will take over as the executive team for FHLD;
  • TAG will assume control of the FHLD board and appoint its existing board members, Pablo Diaz, Marco Rubin and Brooks Holcomb, to the FHLD board.

The TAG GRID
TAG is introducing the next evolution of a growth model pioneered by Diaz in two prior public ventures that drove strong revenue growth within the first year of implementation. The TAG GRID puts TAG at the center of all key areas of solar project development. This unique model helps each part of the ecosystem grow through robust, simple-to-use technology platforms. The TAG GRID encompasses:

  • The TAG Dealer Program is a national network of over 500+ sales agents to which TAG will provide deal support;
  • TAG Financial Services provides access to industry-leading lending solutions for residential and commercial projects;
  • TAG Distribution provides materials procurement for all TAG-funded projects;
  • The TAG Contractor Program provides design and installation solutions through its national network of 119 residential and commercial solar construction and installation contractors;
  • The TAG Broker Program incentivizes brokers to bring their deals, customers and partners into the TAG GRID.

Additionally, TAG brings a carbon credits validation and trading platform and an alternative energy crypto incentive program that enables network members and end customers to further benefit financially from the TAG GRID.

Forward-Looking Statements:
This press release may contain forward-looking statements. The words "believe," "expect," "should," "intend," "estimate," "projects," variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company's respective filings at www.sec.gov and www.otcmarkets.com.

About TAG
Innovation is at the heart of The Awareness Group (TAG). We are building the TAG GRID, a comprehensive national platform for alternative energy services and solutions targeting commercial and residential customers. With a unique growth model, TAG has acquired five companies across the alternative energy space, ranging from fintech for national residential and commercial project funding solutions, solar lead generation, sales and installation services to blockchain and a digital carbon and renewable energy credits marketplace. TAG is structured for organic growth, complemented by a highly synergistic corporate development strategy focused on expanding current business lines and adding innovative technologies. The Company aims to quickly build a profitable, multi-$100 million company over the next few years and create significant value for customers, employees, partners, and current and prospective investors. For more information, please visit us at https://www.awarenessgroup.llc/

Investor Relations and Media Contact:
Brian Siegel, IRC®, M.B.A.
Senior Managing Director
Hayden IR
(346) 396-8696
brian@haydenir.com


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