Blockchain

Phoenix Memecoin ($PHNX) Launches with Innovative Tokenomics and Community Focus

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    Los Angeles, United States, July 9th, 2024, Chainwire

    Phoenix Memecoin ($PHNX) is gaining attention for its unique combination of innovative technology and a strong, community-oriented approach.

    About Phoenix Memecoin ($PHNX)

    Phoenix Memecoin ($PHNX) is a new cryptocurrency designed to symbolize rebirth and innovation within the crypto world. Supported by a dedicated and rapidly growing community, Phoenix Memecoin aims to offer stability and long-term growth through its thoughtful tokenomics and strategic planning.

    Key Features of Phoenix Memecoin ($PHNX)

    1. Thoughtful Tokenomics: Phoenix Memecoin ($PHNX) employs a carefully designed tokenomics strategy to ensure stability and growth. The total supply of tokens is limited, providing a sustainable foundation. The presale offers tokens at a fixed rate of 2000 PHNX per 1 Solana (SOL), with a purchase limit of 30 SOL per wallet to promote broad participation and prevent market manipulation.
    2. Strategic Fund Allocation: Funds raised from the presale are allocated to liquidity, team development, exchange listings, partnerships, marketing, and token buyback and burn. This diversified approach aims to support the project’s long-term success.
    3. Community and Transparency: The Phoenix Memecoin team prioritizes transparency and community involvement. Active community members and content creators are rewarded for their contributions. Token holders can access exclusive content and events, enhancing engagement and value for the community.
    4. Roadmap and Governance: Phoenix Memecoin has a detailed roadmap outlining its plans, including presale, DEX listings, community events, and rewards. Governance mechanisms allow token holders to participate in project decisions, fostering a collaborative environment.
    5. Experienced Team: The project is led by a team of four developers with extensive experience in cryptocurrencies and a commitment to transparent communication. The team holds a modest 6% of the total tokens, ensuring that the focus remains on community growth and project sustainability.
    6. Phoenix Academy: The Phoenix Academy on the project’s website offers free educational resources on cryptocurrencies, providing valuable knowledge without financial commitment.

    For More Information

    The Phoenix Memecoin team is available on social media to respond to inquiries and engage with the community.

    Contact

    Jonathan Griffin
    [email protected]

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    CompoSecure Earns Sustainability Silver Medal from EcoVadis for Second Consecutive Year, Placing in the Top 15% of Companies Globally

    2024-10-03T12:00:00Z

    Strengthened commitment to sustainability practices results in a 7-point improvement Year-over-Year

    SOMERSET, N.J., Oct. 03, 2024 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, was awarded a Silver Medal by EcoVadis, a globally recognized leader in business sustainability ratings, for the second consecutive year. This accolade places CompoSecure in the top 15% of companies globally and highlights its commitment to sustainability through its environmental, social, and governance (ESG) practices.

    CompoSecure is honored to have earned a second EcoVadis Silver Medal, a testament to our relentless drive for environmental progress,” said Greg Maes, COO of CompoSecure. “This achievement reflects the dedication of our employees, whose efforts each day propel us forward in our mission to enhance our ESG practices. We are grateful for their commitment and excited to continue making a positive impact.”

    CompoSecure’s received a 67 in 2024 versus 60 in 2023, demonstrating significant progress in integrating ESG principles into its operations. The company's performance was assessed by EcoVadis across four critical categories, including environment, labor & human rights, ethics, and sustainable procurement. This year, EcoVadis updated its benchmarking methodology, which the Company believes makes the score improvement even more impressive.

    Key ESG Highlights Contributing to the Silver Medal:

    • Environment: CompoSecure has expanded its use of recycled materials in its metal payment cards, which are made from 65% post-consumer recycled stainless steel, reducing environmental impact.
    • Labor & Human Rights: CompoSecure maintains fair labor practices and safe, inclusive working conditions across its operations, prioritizing the well-being of its workforce.
    • Ethics: The company aligns its ethical practices with global corporate responsibility and transparency standards.
    • Sustainable Procurement: CompoSecure upholds high standards for sourcing and procurement.

    EcoVadis is a purpose-driven company dedicated to embedding sustainability intelligence into every business decision worldwide. With global, trusted and actionable ratings, businesses of all sizes rely on EcoVadis’ detailed insights to comply with ESG regulations, reduce GHG emissions, and improve the sustainability performance of their business and value chain across 220 industries in 180 countries. More than 130,000 companies globally have been rated by EcoVadis. EcoVadis’ business sustainability ratings are based on international sustainability standards such as the Ten Principles of the UN Global Compact, the International Labour Organization (ILO) conventions, the Global Reporting Initiative (GRI) standards and the ISO 26000 standard. The ratings provide an evidenced-based analysis on performance and an actionable roadmap for continuous improvement.

    About CompoSecure

    Founded in 2000, CompoSecure (Nasdaq: CMPO) is a technology partner to market leaders, fintechs and consumers enabling trust for millions of people around the globe. The company combines elegance, simplicity and security to deliver exceptional experiences and peace of mind in the physical and digital world. CompoSecure’s innovative payment card technology and metal cards with Arculus security and authentication capabilities deliver unique, premium branded experiences, enable people to access and use their financial and digital assets and ensure trust at the point of a transaction. For more information, please visit www.CompoSecure.com and www.GetArculus.com.

    For CompoSecure

    Anthony Piniella
    Head of Communications 
    (917) 208-7724
    [email protected]

    Sean Mansouri, CFA
    Elevate IR
    (720) 330-2829
    [email protected]


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