Pacer Ventures announces Pacer Labs, Pan-African software development firm

Oct 6, 2021 | Business

Sub-Saharan Africa venture firm Pacer Ventures is set to further unlock the power of digital transformation in Africa with the launch of Pacer Labs, a software development firm born to support the African digital ecosystem and the growth of forward-looking organisations by harnessing the power of advanced technologies.
Projections indicate that Africa will be the world’s next tech talent center due to the emerging mobile population. This in turn inspires Pacer Labs’ confidence for the future market in Africa, positioning them at the forefront of the push towards maximising the tech talent of the African economy.

Ray Sharma, Chairman, Pacer Labs and Founder, Extreme Venture Partners and XtremeLabs, says “Pacer Labs aims to become Africa’s leading software development firm as measured by sales and employees by 2025, leveraging the success of XtremeLabs and a soon-to-be-announced global partner for the success of Pacer Labs and its customers. Africa has risen. Pacer Labs is set to help deliver efficiency and digital transformation.”

The true acceleration potential of the African continent lies in the rapid spread of mobile digital technology, which will help the region in economic development. Mobile technologies and services generated 9% of GDP in sub-Saharan Africa in 2019, representing $155 billion in economic value-added. This figure will reach $184 billion by 2024.

Gbemi Akande, Director, Pacer Labs, speaking on the launch stated “The creation of Pacer Labs is deeply rooted in the organization’s belief in the African continent. Pacer Ventures and Pacer Labs are positioned in such a way that they will help deepen the development of technology in Africa.”

“Pacer Labs will ensure that the development needs of organizations and governments are met in a timely and cost-effective manner, while soon-to-be-launched Pacer University will be another curated platform by Pacer Ventures to equip startups and executives with the required technology skills,” said Geoffrey Weli-Wosu, General Partner at Pacer Ventures and Co-Founder of VoguePay.

This means that the organization will support in solving some of the most critical problems on the continent while facilitating the development of African enterprises, primarily early-stage startups, mid-market enterprises and large corporates through experience design, product development, engineering and digital transformation.

Chukwuemeka Fred Agbata, regional director of Founder Institute in Africa and General Partner at Pacer Ventures noted, “It is due to the rapid growth of startups in Africa that world-class development companies like Pacer Labs are born, while Founder Institute will ensure that forward-looking startups are given the opportunity to get access to world-class development tools and resources that will aid their continuous growth.”

The end-to-end solutions provided by Pacer Labs will help enterprises design, build and scale solutions that drive customer satisfaction, streamline operations and gain a competitive edge on both existing products or a new application.

The Lab intends to partner with clients to tackle the toughest challenges and bring ideas to life. Enterprises will be supported by a team of experienced designers, engineers and product managers to deliver state-of-the-art products from operations bases in Lagos, Johannesburg, Cairo and Nairobi.

About Pacer Labs
Pacer Labs is a software product development firm that uniquely blends digital transformation, product development and design. The firm is focused on helping ambitious African companies leapfrog their innovation mandate: a uniquely integrated product development firm driven by a singular focus on realizing business impact.
Email: info@pacerlabs.co
Website: https://pacerlabs.co
Twitter: https://twitter.com/pacerlabsco
LinkedIn: www.linkedin.com/company/pacerlabsco/

About Pacer Ventures LLC
Pacer Ventures is well-positioned to support the growth of startups within Sub-Saharan Africa. A combination of attributes enables our deal-flow, sourcing and portfolio management which promises realistic returns to our
investors.
Pacer email: info@pacer.vc
Official website: https://pacer.vc/
Pacer blog: https://pacer.vc/blog/
Twitter: https://twitter.com/pacerventures
LinkedIn: www.linkedin.com/company/pacerventures/


Topic: New Service

Ni Hsin Ventures into Fifth-Party Logistics (5PL)

Oct 2, 2021 | Business

Ni Hsin Ecologistics Sdn Bhd, a wholly-owned subsidiary of the Bursa Malaysia Main Market-listed Ni Hsin Group Berhad (formerly known as Ni Hsin Resources Berhad) (“Ni Hsin”), has today entered into an Investment Agreement for the acquisition of a 60% stake in Pride Logistics Alliance Sdn Bhd (“PLA”) (“the Proposed Acquisition”).
Established in 2014, PLA is principally engaged in providing freight forwarding services. The Company’s business includes freight, forwarding, haulage & transportation, warehousing and international agency services.

Managing Director of Ni Hsin Ecologistics Sdn Bhd, Khoo Chee Kong, said: “We are diversifying into the logistics industry to complement our food and beverage business as we see this acquisition as cementing the last mile of the ecosystem where we are using electric vehicles for delivery. PLA has an experienced team with the knowledge and expertise in logistics that we can leverage on.”

Ni Hsin also sees the acquisition as a springboard into the logistics business, especially in fifth-party logistics (5PL), where it can manage all supply-chain processes for customers supported by a sizeable warehouse equipped with Automated Storage and Retrieval System (ASRS), which is designed to buffer, store, and retrieve product and inventory on demand. Other ASRS benefits include more efficient use of floor space, increased storage density, increased order-picking accuracy and improved product security for premium inventory.

“Our ASRS-equipped warehouse is strategically located in the Klang Valley and is well suited for 5PL operations as well as fulfillment services business through the entire value chain from storage to shipping to handling returns from customers at minimum cost. The market is also currently facing a shortage of warehouse space and rentals have risen significantly.”

Khoo adds “Given the more complicated supply chain arising from the growth of e-commerce and higher expectations from customers, many businesses are now looking to outsource their logistics management to others and we are in a good position to seize this opportunity with the support of PLA and the resources of our warehouse. We believe the share of 5PL providers in the global logistics market will increase considerably over the next few years.”

Issued by: Swan Consultancy on behalf of Ni Hsin Group Berhad

Please contact the below for more information:
Hakim Juraimi
Tel: +60 12-318 5410
Email: h.juraimi@swanconsultancy.biz


Topic: Press release summary

VYSYN Ventures Launches $30 Million Gaming Fund

Sep 22, 2021 | Business

VYSYN Ventures, a longstanding cryptocurrency venture capital fund, is launching a $30 million fund that will be focused on allocating investments exclusively to the rapidly growing field of blockchain-based gaming. In recent years, VYSYN has allocated significant investments and provided substantial support to a number of gaming-focused projects.

After noticing some recent developments and rising interest in blockchain gaming, VYSYN has committed to ramping up it’s investments and support in the field of decentralized gaming. The fund will be mainly focused on supporting gaming projects that are building on the Polygon Network.

VYSYN has a long history in the world of decentralized gaming and it has held significant long-term positions in blockchain-gaming projects including Ultra, My Neighbor Alice, and Axie Infinity. VYSYN supported Ultra during its seed round of fundraising 2018 and has provided significant support to the project by helping in areas such as marketing and development resources. Ultra has since grown to rank among the top gaming-focused blockchain projects and currently has a market valuation of over $600 million.

Similarly, VYSYN provided significant support to My Neighbor Alice at an early stage by investing during the private sale fundraising round. VYSYN has also been a significant investor in Axie Infinity, the largest blockchain-based gaming project and pioneer of the play-to-earn movement. After noticing the vast potential of Axie Infinity and the earning potential it offered to netizens worldwide, VYSYN strategically built a considerable position in the AXS token by accumulating large amounts on the open market. Due to these acquisitions and the subsequent appreciation and success of Axie Infinity, AXS still represents a significant portion of VYSYN Ventures overall portfolio.

VYSYN Ventures anticipates that decentralized gaming will be the next major and sustainable trend in the blockchain industry. Decentralized finance experienced exponential growth in 2020 as it offered users lucrative earning opportunities through participation in decentralized credit markets. Throughout 2020, the total-value locked in DeFi grew by a factor of roughly thirty and has continued to grow to even greater multiples in 2021. Similarly, blockchain-based gaming is offering lucrative earning potential to blockchain users worldwide and is also relevant to a much wider audience. The total number of Web3 wallet addresses associated with the Defi space is roughly 3 million. However, the number of gamers worldwide is over 2 billion and a growing share of these are transitioning into the world of decentralized gaming as they recognize the vast earning potential the space offers.

“The blockchain industry is on the precipice of a major shift. Increasing amounts of value and attention are turning to decentralized gaming as the field innovates and offers more and more opportunities for internet users worldwide. This is particularly evident in the growing play-to-earn movement, which is offering lucrative and sustainable earning opportunities to anyone with an internet connection. VYSYN Ventures anticipates that blockchain gaming will grow exponentially in the coming years and we are establishing the $30 million gaming-focused fund to strategically allocate to this area.” – KVESTOR, VYSYN Ventures CEO

The $30 million fund will primarily support gaming projects that are utilizing the Polygon Network as their underlying structure. The Polygon Network offers a low-cost high-throughput settlement layer that is hosting a growing share of cutting-edge decentralized applications. VYSYN has worked closely with the Polygon team in supporting several previous projects and has never ceased to be amazed at the professionalism and skill of the Polygon team. VYSYN wishes to strengthen their collaborative efforts with the Polygon team. For this reason, the fund will mainly support gaming projects that are deploying their technology on Polygon. However, the fund will not be limited exclusively to Polygon and disruptive projects utilizing other chains may also warrant support.

Any prospective gaming projects that need comprehensive support and investment can reach out to the fund by emailing hello@vysyn.io. The VYSYN Gaming fund will provide versatile support in areas such as funding, marketing assistance, and connections to entities such as industry influencers and exchanges. VYSYN Ventures foresees the growth in blockchain-based gaming vastly outpacing other blockchain niches in the coming years and it is positioning itself to be a major investor in this field with the launch of this initiative.

Media Contact
Brand: VYSYN Ventures
Contact: Henry Joo, Outlet Seoul Management
E-mail: hello@vysyn.io
Telephone: +248 / 9871 8864
Website: https://vysyn.io/
Twitter: https://twitter.com/kvestor11

SOURCE: VYSYN Ventures


Topic: Press release summary

C-Pacific Ventures to Launch a Crypto DeFi Platform

Jul 28, 2021 | Business

Kowloon, Hong Kong, 27 July 2021, ZEXPRWIRE, C-Pacific Ventures, an early-stage venture capital firm, is launching a decentralized finance platform called Pacific DeFi. Pacific DeFi is a cross-chain multi-asset crypto financing platform that bridges the gap between centralized finance (CeFi) and decentralized finance (DeFi). 

The protocol aims to create a new financial ecosystem that unifies the scattered DeFi landscape, providing cryptocurrency financing capabilities for both retail and institutional users globally. 

Pacific DeFi will initially function on the Binance Smart Chain (BSC) network, integrating with Polygon, Solana, HECO and Ethereum networks in the future. 

Core products consist of uncollateralized lending and borrowing for institutional and high-net-worth clients, crypto savings vaults, asset management, structured products, insurance, and a peer-to-peer crypto/fiat exchange application. 

The team is currently working on obtaining regulatory licenses in select jurisdictions to offer financial services off-chain, with the aim to bring those services on-chain to the Pacific DeFi ecosystem. 

The protocol’s native token, PACIFIC, powers the ecosystem and provides value to its holders in the form of token buybacks that come from the platform’s revenue.

Pacific DeFi’s founding members are Sam Weil, Ilkay Olmez and Michael Bucher. All three have over 30+ years of combined investment experience across real estate, equities and derivatives in the US, EU, African and SE-Asian markets. 

The team firmly believes blockchain technology will revolutionize the way investing & finance is done today and is on a mission to lower the barrier to entry so that everyone has access to financial services.  

The Pacific platform will be simple and easy to understand. It will come with a straightforward onboarding process, enabling users to choose selected financial products with just one click. 

Once users are connected to a Metamask wallet, they can browse and invest/borrow via different products depending on their risk tolerance and financial goals. 

Users will also be able to have a transparent view of their holdings via a smart dashboard. 

“With Pacific DeFi, we want to give users a simple and easy to use platform to invest without having to keep track of many assets across various protocols” says Sam Weil. “Right now, we are at a point where DeFi and crypto are still in their infancy stages. Retail adoption will continue to grow, and platforms must provide secure and transparent services to new users who may not want to actively manage their crypto portfolios full-time” says Ilkay Olmez. 

Users can view Pacific DeFi’s website here: www.pacific-defi.com 

About Pacific DeFi 

Pacific DeFi aims to create a new financial ecosystem that unifies the current scattered DeFi landscape.

This includes savings products, lending & borrowing, insurance, asset management, crypto banking, synthetic products, and a peer-to-peer mobile crypto and fiat exchange application.

To provide the features above, Pacific DeFi will offer a universally usable wallet, token swap DEX platform, IDO platform, and inter-Blockchain liquidity transferability.

BlockDesk Ventures – Early stage cryptocurrency investing is now available for everybody

Jul 6, 2021 | Business

In the last year, there has been a rising interest and investment trend within the Blockchain and cryptocurrency market.  

It all started in 2009, with Bitcoin being valued at $1. Moving on 12 years, in early 2021, Bitcoin’s price reached an all-time high of just over $60,000!

This massive growth for Bitcoin has led to millions of new investors searching for the next coin to do a 60,000x return on centralised exchanges such as Coinbase or Binance.

These exchanges give cryptocurrency investors access to cryptocurrencies such as Bitcoin, Ethereum and Ripple, among many others. However, the challenge to get huge ROIs (Return On Investments) is to find early investment opportunities before these new coins/tokens enter the market.

Historically, the problem regarding early investment opportunities has been the minimum investment amount required. Early cryptocurrency investments were only available to the wealthy and not accessible to the average person.

In the last year, there has been a considerable influx of Initial Coin Offering ‘ICO’ and Initial Dex Offering ‘IDO’ Launchpads. 

The original concept behind these IDO/ICO Launchpads provided everyday investors with venture capital opportunities previously reserved for the wealthy.

However, the complete over-saturation of the market in recent months, coined ‘Launchpad Fever’ coupled with the vast and varied tiered structures, has resulted in a system once again unreachable for those without significant capital. 

Often, the minimum fee to ensure access to a guaranteed allocation is, for the most part, unattainable for the majority.

To solve this problem, Strategic Investment firm BlockDesk Ventures penetrated the market and developed a unique, community-driven, tokenless system. An efficient solution and innovative alternative to traditional launchpads. As mentioned before, traditional launchpads require a financial commitment from investors. Holding a minimum number of tokens provides varying levels and types of access to presales. 

BlockDesk Ventures has eliminated this barrier with its FREE tokenless platform.

With ZERO entry fees, they are offering access to allocations based purely on community engagement.

BlockDesk Ventures offer their community:

  • A FREE tiered system

  • Exclusive access to projects thoroughly researched and vetted by BlockDesk Ventures to ensure the same conditions as private capital.

  • Opportunities to apply for community and marketing roles.  

BlockDesk Ventures structure:

PROJECTS ~ Strategic Investment Projects

External Projects offer allocations to the BDV team in exchange for services including business development, marketing, advisory, community development, industry contacts and more.

TIER 1 ~ BlockDesk Ventures Management Team

Core strategic investment team, sourcing new projects and providing strategic advice and assistance to onboarded projects.

TIER 2 ~ Gunslingers Team

Members of the Gunslingers team support the management team and community by performing various duties to ensure project success. In return, team members receive a guaranteed allocation for each strategic investment.

TIER 3 ~ Core Community

The BlockDesk Ventures community is the underpinning group. Without the community, all other functions cannot succeed. The community drives the Gunslingers team, which feeds into the BlockDesk Management team, which feeds the ongoing success of BlockDesk Strategic Investment projects.

In addition, community members provide various social media, content-related, and promotional assistance, with the opportunity for promotion based on engagement.

BlockDesk Ventures has recently invested in multiple top tier projects including but not limited to: 

~ CardStarter

~ BlockBank

~ HydraSwap

~ KSM Starter

BlockDesk Ventures furnishes their community with continuous access to allocations for upcoming investments.

Join the BlockDesk Ventures community now for your chance to access free allocations!