Blockchain

‘Moonrise’ Initiative Signals Next Phase in Evolution for New-Look Moonbeam Network in Polkadot Ecosytem

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    Singapore, Singapore, June 5th, 2024, Chainwire

    Ambitious 2024 Roadmap Includes 8x Improved Throughput, zkAuth for Web2 ID, Major Grants

    Moonbeam Network, a smart contract platform for building cross-chain connected applications, announced the ‘Moonrise’ initiative anchored by a 2024 Product Roadmap that includes the introduction of parallel processing to improve throughput by 8 times, upgrading ecosystem integration, improving the developer and user experience, and more. Moonrise signals the next phase in evolution for Moonbeam and canary network Moonriver, which is incorporating Axelar bridging technology.

    More than two years since its mainnet launch in January 2022, Moonbeam is well-established as the leading solution for integrating networks such as Polkadot, Ethereum and the broader EVM ecosystems. The 2024 Roadmap demonstrates Moonbeam’s dedication to continually improving its cutting-edge performance and experience for developers and users.

    The Moonrise initiative is reflected in a comprehensive rebrand of Moonbeam’s look, underscoring how Moonbeam is more than a chain. It’s a hub for developers, Web3 enthusiasts, interoperability supporters and more.

    “We’re beyond excited to reveal Moonbeam’s new look in conjunction with our ambitious plans for 2024. This year we are implementing improvements, upgrades and announcements to all facets of the Moonbeam and Moonriver networks,” said Aaron Evans, Head of Operations at Moonbeam Foundation. “As our passionate community of supporters knows, Moonbeam is a modern blockchain with features for developers and users that are still just a dream for other networks that remain in testnet phase.”

    A lynchpin of the 2024 Roadmap is enhancing the core protocol with the introduction of asynchronous backing, a form of parallel processing that will quadruple block space and halve block times to 6 seconds, resulting in an 8x increase in overall throughput for Moonbeam.

    More improvements include ensuring compatibility and seamless interoperability with Ethereum’s gas-saving Dencun upgrade, substantial upgrades to the UX for Moonbeam Routed Liquidity, and improvements to governance mechanisms.

    Other highlights include:

    • Ecosystem Integration: Glacis integration for reliable cross-chain transactions, Tanssi integration for appchain deployments, revitalized Moonriver with Axelar’s Amplifier program for bridging and a v3 AMM liquidity program.
    • Developer Tools: Governance tracks for dApps, support for EIP-4337 Account Abstraction, expanded tooling integration for ease of development, deployment, and debugging/monitoring.
    • User Experience: Zero Knowledge Initiative (zkAuth) for Web2 authentication, tokenomics incentive updates, and streamlined stablecoin flows.

    The series of initiatives will begin rolling out immediately and will continue to be deployed through Q3 and Q4 of 2024, and into 2025.

    To check out Moonbeam’s new website and follow the network’s upcoming developments, see: https://moonbeam.network.

    About Moonbeam Network

    Moonbeam is a smart contract platform for building cross-chain connected applications that can access users, assets, and services on any chain. By uniting functionality from Ethereum, Cosmos, Polkadot and more into a single platform, Moonbeam solves today’s fragmented user experience — unlocking true interoperability and paving the way for the next generation of applications. The Moonbeam platform uses integrated cross-chain messaging to allow developers to create smart contracts that access services across many remote blockchains. This approach, plus Moonbeam’s developer-friendly EVM platform, vast tool support, and modern Substrate architecture, creates the ideal development environment for building connected applications.

    Social media links: 

    Website | YouTube | GitHub | Telegram | Medium | X | Discord

    Contact

    Patrick Brendel
    SCRIB3
    [email protected]

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    The Awareness Group (TAG) Launches TAG Capital to Drive Renewable Energy Financing

    2024-10-01T11:00:00Z

    Will Provide Fund Management Services for TAG’s Innovative PPAs and Service and Monetize TAG Loan Portfolios and Investment Tax Credits

    SCOTTSDALE, Ariz., Oct. 01, 2024 (GLOBE NEWSWIRE) -- The Awareness Group (OTC: FHLD) (“TAG”), a rising leader in the alternative energy industry, is excited to announce the launch of TAG Capital—a dynamic new division under TAG Financial, aiming to disrupt the future of renewable energy project financing. TAG Capital will act as the financial backbone of the organization, helping to power the growth of the TAG GRID—an innovative, integrated network of contractors, project developers and sales teams within the alternative energy space.

    Pablo Diaz, CEO and Founder of TAG, commented, "TAG Capital represents a bold step forward in our mission to provide seamless proprietary financing solutions that accelerate the growth of clean energy projects. Through TAG Capital, we’ll fund TAG’s unique lending products, specifically tailored for the sales organization and EPC (Engineering, Procurement, and Construction) members within the TAG GRID. But that's not all—TAG Capital will drive revenue by servicing and monetizing both Investment Tax Credits (ITC) and TAG-owned loan portfolios, ensuring that TAG stays ahead in the fast-moving renewable sector."

    TAG Capital will also pave the way for cutting-edge financial products, including a soon-to-be-announced one-of-a-kind Commercial PPA designed to cater to larger-scale renewable energy initiatives.

    Highlights of TAG Capital:

    • Revolutionary Financing Options:
      • Residential PPAs Beyond Credit Scores: Through its sister division, TAG Financial Services (TFS), TAG Capital will offer unique financing options for residential projects. Unlike traditional models, these solutions don’t hinge on credit scores alone, making green energy accessible to a broader range of homeowners and businesses.
      • Commercial PPAs: Innovative agreements tailored for larger-scale commercial projects, providing flexible financing structures for renewable energy installations.
    • Strategic Loan Portfolio Management: TAG Capital will expertly securitize or manage TAG’s own renewable energy loan portfolios, unlocking new revenue streams, enhancing liquidity and ensuring top-tier risk management for its investors.
    • Monetizing Tax Incentives: TAG Capital will maximize the value of available tax incentives for renewable energy developers and financiers, ensuring every credit is leveraged to its full potential.

    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 projects. 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/

    Follow us on X: @AwarenessGroup1

    Follow us on LinkedIn: Awareness Group on LinkedIn

    Forward-Looking Statements 
    In this press release, all statements that are not purely about historical facts, including, but not limited to, those in which we use the words "believe," "anticipate," "expect," "plan," "intend," "estimate," "target" and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors, including, but not limited to, those described in our most recent report on SEC Form 10-K (under the headings "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations"), which may be revised or supplemented in subsequent reports on SEC Forms 10-Q and 8-K. We are under no obligation, and expressly disclaim any obligation, to update the forward-looking statements in this press release, whether as a result of new information, future events or otherwise.

    TAG Investor Relations and Media Contact:
    Brian Siegel, IRC®, M.B.A.
    Senior Managing Director
    Hayden IR
    (346) 396-8696
    [email protected]


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