News Desk – Startup Fortune https://startupfortune.com Startup News, Guides, Training and Entrepreneur Community Forum Wed, 06 Jul 2022 13:14:14 +0000 en-US hourly 1 https://wordpress.org/?v=5.8.8 https://startupfortune.com/wp-content/uploads/2020/08/ICON.png News Desk – Startup Fortune https://startupfortune.com 32 32 Astar Network Dex StarSwap Brings a Fair and Community Driven System to Execute DeFi Launches https://startupfortune.com/astar-network-dex-starswap-brings-a-fair-and-community-driven-system-to-execute-defi-launches/ https://startupfortune.com/astar-network-dex-starswap-brings-a-fair-and-community-driven-system-to-execute-defi-launches/#respond Wed, 06 Jul 2022 13:14:14 +0000 https://startupfortune.com/?p=4214 StarSwap, the native Dex of Astar Network with NFT Governance launches with a fair, community driven liquidity generation event, the only protocol in Astar Network that uses such a transparent system to launch.

Transparency and fair launches positively impact users’ trust, purchase intent, and general attitude within a target community. While most DeFi teams who launch with ICO/IDO concepts take most of the invested funds if not all to themselves, StarSwap introduces a community driven system to launch.

A Liquidity Generation Event (LGE) is an innovative launch mechanism that ensures plenty of early liquidity, and a free and fair participation process. It is 100% community oriented, and the entire funds acquired are used to seed the initial liquidity. LGE participants will be able to get a fair price gain to reward their early support.

The Star Swap team has a few strategies in place to preserve the price and community sentiment to hold:

  • Platform fee distribution: StarCards NFT holders will need to acquire a good amount of Star tokens in order to get maximum benefits (the fee distribution is calculated based on 3 factors; the number of Star Cards + The rarity + The number STAR tokens).
  • TAX system: The platform has a tax system that encourages users to hold instead of dumping. The longer users hold, the lower the tax becomes. At the same time, the system allows users to harvest in case they really need it, with a tax cut.
  • Treasury: StarSwap is building a treasury which intends to provide a buyback price guarantee for STAR token holders

The liquidity generation event of StarSwap started this Monday and ends on the 7th of July at 7 am UTC. The DEX goes live at the same time at 7am UTC on the 7th. StarSwap is the only DEX on the entire DeFi space with NFT governance and 100% of the platform fee is distributed to the community.

More details about the platform can be found at https://starswap.net

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StarSwap DEX Announces Astar Meme Championship with Prizes in $ASTR, StarCards and Samui NFTs https://startupfortune.com/starswap-dex-announces-astar-meme-championship-with-prizes-in-astr-starcards-and-samui-nfts/ https://startupfortune.com/starswap-dex-announces-astar-meme-championship-with-prizes-in-astr-starcards-and-samui-nfts/#respond Thu, 16 Jun 2022 07:18:18 +0000 https://startupfortune.com/?p=4196 StarSwap, the popular DEX on Astar Network has announced their plans to bring a Meme championship to Astar to create some fun and entertainment while the community sail through these highly volatile times.

They have mentioned it is not a simple contest, but a championship with two rounds. 20 Winners from the first round will be selected and they compete against each other in the final round.

In the final round participants can win:

  1. First prize 2000 $ASTR tokens.
  2. Second prize one StarCards NFT
  3. 5 Third prizes of one Samui NFT each.

Star Swap MEME Contest Dates:

First round begins at 3PM UTC Monday (June 13th) and ends at 3PM Thursday. Results at 4PM UTC Thursday.

Final Round begins at 4PM UTC Thursday and ends at 4PM Saturday. Results at 5PM UTC Saturday.

How to participate?

  • Follow StarSwap on Twitter and join our Discord
  • Simply create a StarSwap or Astar-themed meme (or many memes, participants are allowed to create as many memes as they like) and post it on your twitter using the hashtag #StarSwapMeme
  • Share the link to that twitter post (the meme post) in the #memes-fan-art channel in our discord.

Winners are selected according to the total engagement their memes get (number of likes, shares and replies on twitter ~ number of reactions on discord). If you post multiple memes (which will increase your chances to win), your score will be the score of the meme with the best engagement.

First round winners will be selected 72 hours after the event starts, and the final round winners will be selected after the next 48 hours.

Tips: Your meme can be about StarSwap or  Astar in general, but you’ll probably want to flatter the StarSwap community because they will account for a lot of the votes. Votes on Twitter AND Discord count for winning so you’ll want to increase your reach with hashtags, tagging friends etc. So make sure to invite your friends now so they can help you win after the elimination round!

*Participants must be following @StarSwap on Twitter and be a member in our Discord to be eligible.

Source: StarSwap Blog.
URL: https://starswap.net/blog/astar-meme-championship-with-prizes-in-astr-starcards-and-samui-nfts/

Tagged with

  •  Astar Network
  •  StarSwap
  •  Star Swap
  •  StarSwap DEX
  •  Astar MEME Contest
  •  Astar DEX
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New NFT Projects Today https://startupfortune.com/new-nft-projects-today/ https://startupfortune.com/new-nft-projects-today/#respond Fri, 13 May 2022 11:17:07 +0000 https://startupfortune.com/?p=4173 StarSwap https://twitter.com/StarSwap

DEX of Astar network with NFT Governance. Minting of StarCards NFTs is LIVE now! Join discord: discord.gg/dqyJQ7gUkb#NFT #ASTR #StarCards

Star Swap

NFT Radar All about NFTs

New platform to showcase upcoming nft products on multiple blockchains and also to read about the trending nft updates.

More new updates are coming to twitter of these projects.

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3 Fantom Development Updates That Will Bring Positive Changes to Its Ecosystem https://startupfortune.com/3-fantom-development-updates-that-will-bring-positive-changes-to-its-ecosystem/ https://startupfortune.com/3-fantom-development-updates-that-will-bring-positive-changes-to-its-ecosystem/#respond Fri, 01 Apr 2022 04:33:34 +0000 https://startupfortune.com/?p=4122 Fantom gained massive popularity last year as, its DeFi ecosystem exploded with hundreds of applications. The price of FTM skyrocketed during the time, with Fantom becoming one of the top 3 blockchains. But then, in the last month the project has seen a sizable drawback because of the withdrawal of Andre Cronje and some other baseless FUDs.

Watch video: https://www.youtube.com/watch?v=mV_xNiGuOX8

But, what many don’t realise is, the fundamentals of Fantom have not changed, in fact it’s only getting better. In this video, let’s talk about 3 development updates, the three major things confirmed to happen to Fantom, that are big, powerful and going to bring positive changes to the ecosystem and to the value of FTM.

The first one is the big network upgrade that, the team promised to bring to tackle the network congestion, and to improve speed and performance. It has started already and that’s the main reason why you are seeing a green price action for FTM right now. This upgrade will smooth transactions and increase scalability creating an ideal environment for a greater market adoption, even faster transactions with more reasonable gas fees.

Now, the second one, it is bigger than any other updates Fantom ever had, it is the implementation of the Fantom Virtual Machine, FVM.

The Fantom Virtual Machine adds a new element of innovation surpassing the Ethereum Virtual Machine. This includes utilising an automatic checking for smart contracts increasing efficiency and security. The team is already working on it full time and, plan to bring the first version by the end of the year.

The last but not least of the upcoming developments is the inevitable listing of FTM on CoinBase.

So far the team has been focused on building a fantastic platform, transforming fantom to one of the most used DeFi ecosystem. How much longer do you think it is going to take the US exchange to finally list it? It won’t be long at all. Despite all the FUDs and drawbacks caused by individuals, the demand and popularity of fantom keeps increasing. Sooner or later CoinBase will have to finally decide to list FTM.

Fantom is rapidly moving in a positive direction with the easy to begin infrastructure and user friendly DeFi applications. It’s in these moments you should remember the famous quote of Warren Buffet, “Be greedy when others are fearful, and fearful when others are greedy.”

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Diamond Coin – Fantom’s Pumpkitten GameFi Brings New NFT Project https://startupfortune.com/diamond-coin-fantoms-pumpkitten-gamefi-brings-new-nft-project/ https://startupfortune.com/diamond-coin-fantoms-pumpkitten-gamefi-brings-new-nft-project/#respond Sat, 26 Mar 2022 21:36:10 +0000 https://startupfortune.com/?p=4108

Diamond (Diamond) tokens are native to the Fantoon NFT platform, of the Pumpkittens GameFi ecosystem. It’s a rare, utility driven token launched through a community LGE with Fantom’s DEX SpiritSwap. Diamond tokens also introduces an emissions based LP building concept to increase the tokens expansion benefitting the community as well. Fantoon has an NFT launchpad, and various decentralised games, from all which token holders benefit. More details can be found at: https://docs.pumpkitten.com/fantoon/introducing-diamonds

Diamond Coin Data on CoinGecko

Tagged in: Diamond Coin, Diamond Token, Fantom Diamond, FTM Diamond, Diamond Crypto.

Source: https://www.coingecko.com/en/coins/diamond-coin

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Xsolla’s Founder Launches New Community-driven Venture https://startupfortune.com/xsollas-founder-launches-new-community-driven-venture/ https://startupfortune.com/xsollas-founder-launches-new-community-driven-venture/#respond Mon, 28 Feb 2022 14:13:54 +0000 https://startupfortune.com/?p=4092 Aleksandr Shurick Agapitov, the founder of Xsolla, has announced the launch of his new venture, the X.LA Foundation. Agapitov was inspired to start this community-driven venture to let people all over the world benefit from their work, creations, and contributions. Web 3.0’s revolutionary technology and concepts will be put to use in this new project. The lunch of this new initiative will help foster and bring into reality the concept of this semantic web. This new venture was launched on the 17th of February 2022, and people all over the globe can become beneficiaries of its work.

Xsolla’s Background History and Objectives

Over 15 years ago, Aleksandr Shurick Agapitov founded the Xsolla on his own in Russia. During those early years, Xsolla flourished by operating regional small and medium payment systems across Russia, giving players and creators more access to the fast-growing gaming business. The company began to reflect what gamers already knew: gaming brings people together from all over the world, across time, and cultures. And when people band together, they may achieve incredible results.

Xsolla which is privately held and headquartered in Los Angeles has offices and R&D facilities around Europe and Asia and employs over 270 people who serve over 1100 developers on over 2,000 projects all over the world. Xsolla assists game creators in getting their games noticed, paid for, and played on a global basis. The company has the objective of providing developers with the tools, resources, and infrastructure that they lack through its product portfolio. Xsolla has partnered with companies like Valve, Twitch, Ubisoft, Epic Games, and PUBG Corporation to broaden its services portfolio, which now includes payments, e-commerce, antifraud, analytics, customer support, content optimization & distribution, authentication, and more. 

Xsolla’s first offering allowed Russian video gamers to purchase in-game items with real money. Thousands of gamers were left out of the entire gaming experience at the time, and Xsolla’s nationwide chain of outlets provided them with a way in.

The significance of the X.LA Foundation

X.LA Foundation is a community-driven venture aimed to aimed at opening its partners and investors to the benefits that the third generation web (web 3.0) has to offer. With the ongoing surge in the value of NFTs, cryptocurrencies, and blockchain technologies, it’s only inevitable for visionaries and business people to embrace the opportunity to make their imprint on Web 3.0. The most evident advantage of NFTs is their ability to improve market efficiency. 

Converting a physical item to a digital asset can speed up procedures, reduce middlemen, improve supply chains, and increase security. Adjusting to this fast-changing environment, Shurick Agapitov is capitalizing on Web 3.0 by establishing the X.LA Foundation as the next stage in the internet’s evolution. To define, shape, and develop the future of the Web 3.0 economy, contractors, influencers, content providers, inventors, entrepreneurs, and researchers will join forces in the X.LA Foundation. 

The modernized internet will make use of blockchain, the technology that underpins bitcoin and other cryptocurrencies, allowing the internet to be sustained by decentralized networks. As a result, website proprietors will no longer be reliant on corporate-owned servers. Even if web 3.0 may have its pros and cons, it does not require the control of a single entity. Larger corporations may no longer have complete control over the internet. As a result, decentralized apps, also known as dApps, cannot be filtered or limited in any way.

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Ferrari Energy Provides a Long Term Look at the Oil and Gas Industry https://startupfortune.com/ferrari-energy-provides-a-long-term-look-at-the-oil-and-gas-industry/ https://startupfortune.com/ferrari-energy-provides-a-long-term-look-at-the-oil-and-gas-industry/#respond Sat, 26 Feb 2022 04:19:32 +0000 https://startupfortune.com/?p=4085 In relatively short order, major outside forces have disrupted oil and gas companies. From the pandemic to renewable energy to a changing society, the industry is facing multi-pronged pressure like it hasn’t in many years past, as Ferrari Energy explains.

While the energy sector is undoubtedly changing before our eyes, there are plenty of ways oil and gas companies can develop a long-term plan to be successful despite these changes.

Demand for Renewable Energy

The desire for renewable energy is strong from a societal and governmental standpoint. People worldwide desire a move away from fossil fuels, and governments agree, putting in place new mandates to force companies to decarbonize.

This is a monumental undertaking, though, and one that will not happen overnight. As such, investors have a strong short-term outlook for oil companies.

Much of the surging prices of energy stocks is due to the rising prices of commodities. Many investors expect these prices to stay high for at least the next few years, which will appease companies in the industry.

Natural Gas as the Transition

In the meantime, natural gas is being viewed as a great transitory energy source between traditional fossil fuels and renewable energy counterparts. In many ways, it’s being seen as the bridge between, say, oil and solar power.

Many oil and gas companies are already working on this transition, shifting their focus slightly away from oil and toward more natural gas. While this may not be a long-term solution — as the true future of natural gas is uncertain — it’s certainly a strong strategy that many companies are adopting for the mid-term.

Creating Long-Term Value

How do traditional oil and gas companies fit in a renewable energy world? That’s the critical question that every company in the industry needs to answer for themselves if they want to remain viable.

A majority of investors believe oil demand will peak in roughly eight years. That may seem like plenty of time to develop an alternative business approach, but it’ll come quickly.

Keep in mind that a shift away from oil to renewable energies will be a multi-year undertaking for most companies. And when the demand for oil peaks, it’s possible that it will drop off exponentially each year.

Energy companies are already working to find their niche in a renewable world. The savvy ones are already making small transitions now. 

In addition to working to meet emissions reduction targets and investing in clean energy, they are also focusing heavily on carbon offsets to play a part in decarbonization.

Recognizing the Change

There is no set blueprint that oil and gas companies should take to respond to the changing world around them. No one knows for sure exactly what the future holds for the industry.

That’s why, as Ferrari Energy explains, oil and gas companies must recognize and accept that change is not just coming; it’s already here. Then, come up with ideas for responding to the change.

It may take a lot of ideas trial and error to see what sticks. So, starting now, if you haven’t already, it will be critical to the future success of oil and gas companies.

About Ferrari Energy

Ferrari Energy, founded by Adam Ferrari, is a family-owned private oil and gas company focused on mineral and leasehold acquisitions. Founded in Denver, CO, with a focus on educating landowners, Ferrari Energy has consistently served the needs of the landowner community in the basins in which it works. Its operation covers several areas throughout Colorado, Wyoming, Utah, and ND. Ferrari Energy has provided oil and gas leases to over 850 homeowners and held multiple lease signing events to accommodate the residents of Broomfield, Colorado.

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Market Experiences Massive Drop As Ukraine Situation Goes Downhill https://startupfortune.com/market-experiences-massive-drop-as-ukraine-situation-goes-downhill/ https://startupfortune.com/market-experiences-massive-drop-as-ukraine-situation-goes-downhill/#respond Thu, 24 Feb 2022 07:42:12 +0000 https://startupfortune.com/?p=4083 Russia initiated their invasion in Ukraine in the early hours of Thursday. Bitcoin and other cryptocurrencies prices plummet as a result.

Tensions are high globally, due to this, the cryptocurrency world is on the verge of hitting the lowest ever seen in years. The subsequent invasion of Russia in Ukraine this early morning has impacted Bitcoin and other altcoins heavily.

Bitcoin, at the time of writing, went further downhill to trade at $34,780, while Ethereum’s price took a turn for the worst as it is now $2,356 per unity. In fact, a look at the CoinMarketCap chart is almost disheartening, to say the least.

Today has been gloomy for many world leaders, individuals, and crypto enthusiasts since the news of Russia bombing some parts of Ukraine. Taking to their Twitter accounts, many crypto elites registered their disappointment with Putin.

The Russian-born co-founder of Ethereum, Vitalik Buterin asserted that he is “very upset with Putin’s decision to abandon the possibility of a peaceful solution.” He adds that Putin’s resolution to go to war instead of resolving the situation is “a crime against the Ukrainian and the Russian people.” Finally, he concludes with “Glory to Ukraine.”

The entire crypto market is in the red as the world struggles to understand what Vladimir Putin meant when he announced the start of a “special military operation” against Ukraine. The effect of this news is taking a hit not just on cryptocurrencies but also other sectors of the economy.

The global cryptocurrency market capitalization fell 5.85% over the last 24 hours to $1.55 trillion. This downturn in the crypto market was triggered by Russia’s move to launch a military attack on Ukraine this morning.

More world powers are speaking up against Putin’s ‘irrational behavior.’ More so, several sectors of the world economy will suffer in the following days if immediate action is not taken to stop Putin, many foresee.

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ICICB Group’s Net Profit Increases from $800 Million in 2020 to $1.4 Billion in 2021 – NASDAQ https://startupfortune.com/icicb-groups-net-profit-increases-from-800-million-in-2020-to-1-4-billion-in-2021-nasdaq/ https://startupfortune.com/icicb-groups-net-profit-increases-from-800-million-in-2020-to-1-4-billion-in-2021-nasdaq/#respond Sat, 12 Feb 2022 06:54:11 +0000 https://startupfortune.com/?p=4075 ICICB Group’s net profit increases from $800 million in 202o to $1.4 billion in 2021 as the company harnessed the transformative momentum of blockchain technology – reports NASDAQ news release. The group looks to continue its multi-year expansion in 2022 by helping to transform the blockchain industry.

The Dubai-based ICICB Group booked another solid year of growth in 2021 as the organization harnessed the transformative power and building momentum of the blockchain technology industry as part of its larger goal to be a leader in the ongoing digital revolution that is reshaping our global society. 

With a global network of more than 114 branches and offices located in 26 countries, ICICB Group is perfectly positioned to help lead the charge for the integration of blockchain technology into mainstream society. 

ICICB’s network of businesses include some of the largest industries in the modern economy including healthcare, water treatment and delivery, commercial enterprise, energy exploration and development, agricultural development and education, all of which can benefit from efficiencies enabled by blockchain technology.

Over the course of 2021, ICICB Group established working relationships with numerous firms including the world-renowned video game creator Atari, which led to the creation of the Atari Token and Atari Chain which have become early mainstays in the emerging Metaverse. 

As a result of its global expansion efforts in 2021, the company’s profits increased from $800 million in 2020 to $1.4 billion in 2021 while the value of ICICB assets increased from $2.6 billion to $5 billion, making it one of the most successful financial services companies in the Middle East region. 

So far in 2022, the ICICB Group appears to be building on its momentum from 2021 as the total value of funds under the management of ICICB increased from $10 billion to $18 billion just in the first quarter of the year with more than a month left to go. 

With a focus on becoming the most dynamic investment company globally and creating value through the development of top-notch businesses that leverage the firm’s morals, capabilities, and extensive relationship network, ICICB Group looks to continue its rise by reshaping the cryptocurrency landscape through the upcoming release of the world’s best blockchain network: ICICB Chain.

ICICB chain was painstakingly designed to solve some of the biggest challenges facing the blockchain industry including high transaction costs and slow processing times with a state-of-the-art framework that can process 50,000 transactions per second (TPS) for just $0.0000008 per transaction.

That’s the lowest cost per transaction in the industry and a perfect example of ICICB Group’s dedication to the advancement of digital technology. 

And to take things to the next level, ICICB Group has also unveiled the upcoming launch of an expanded ecosystem that incorporates the hottest sectors of the expanding Cryptoverse including the ICICB decentralized exchange (DEX), ICICB Portal, ICICB Bridge, ICICB Wallet, ICICB Coin, ICICB NFT Marketplace, ICICB games and the Metaverse by ICICB.

Fresh off of a year of tremendous growth despite the wider struggles of the global economy, ICICB Group now stands poised to see an even greater expansion in 2022 as the power of blockchain technology and a dedicated global network of offices and coworkers charge ahead to lead the way in the ongoing digital revolution.

Source: https://www.nasdaq.com/press-release/icicb-group-doubles-in-value-over-the-course-of-2021-as-it-harnessed-blockchain

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ICICB Group to Launch The “World’s Best Blockchain”, The ICICB Chain, and The ICICB Ecosystem https://startupfortune.com/icicb-group-to-launch-the-worlds-best-blockchain-the-icicb-chain-and-the-icicb-ecosystem/ https://startupfortune.com/icicb-group-to-launch-the-worlds-best-blockchain-the-icicb-chain-and-the-icicb-ecosystem/#respond Mon, 31 Jan 2022 13:33:25 +0000 https://startupfortune.com/?p=4067 ICICB Group, a global investment holding company in Dubai, announced the development of the “world’s best blockchain,” ICICB Chain.

The project was unveiled at the 2021 Blockchain Innovation Summit in Dubai, an event that was dedicated to blockchain-based innovations. Fast-forward to 2022 and the ICICB Group, which previously partnered with Atari to develop the Atari Chain and the Atari Token, has now created its own blockchain with the goal of driving additional innovations.

The Blockchain Innovation Summit, which brought together industry experts in networking, entrepreneurship, and innovation to raise awareness of blockchain technology, smart contracts, and their capabilities, as well as the fast expanding Metaverse, was sponsored by the ICICB Group.

Since 2019, the ICICB Group has been leveraging technology to springboard its goal of providing sustainable investing solutions to its global clients. With the launch of the ICICB Chain, clients, investors, and stakeholders will be able to take advantage of new enhanced opportunities presented by the blockchain. 

Blockchain like you’ve never seen before

The ICICB Chain’s fast transaction speed of 50,000 TPS is one of its distinguishing qualities. Furthermore, the ICICB Chain has the lowest transfer costs in the world, at $0.0000008 per transaction. These features are considerably better than other blockchains like Bitcoin and Ethereum. 

In addition to the ICICB Chain, the Group is launching its extensive ICICB ecosystem, which will enable users to experience the full scope of the ICICB Chain’s features. In its initial phase, the ICICB ecosystem will offer the ICICB DEX, ICICB Portal, ICICB Bridge, ICICB Wallet, ICICB Coin, ICICB NFT Marketplace, the Metaverse by ICICB, ICICB Games, and more. 

The interconnectivity of the ICICB Chain’s huge ecosystem is what makes it unique. For instance, users can purchase in-game assets with the available balance in their ICICB Wallet. In addition, the ICICB Chain will allow users to earn money by engaging in blockchain-based games such as Ares, an ICICB-owned shooting game. Users can also buy, sell, and collect in-game assets such as skins, accessories, and more through the ICICB NFT Marketplace.

A metaverse that blurs the line between fantasy and reality

Most notably, ICICB Group is also developing on its metaverse named “Cosmos,” a virtual environment that aims to outperform other metaverses. Cosmos has no constraints due to its interaction with the entire ICICB ecosystem, which includes the ICICB Marketplace, which lets users buy clothes, vehicles, furniture, and other items with NFTs.

Cosmos will allow users to vote in a virtual government, own virtual land, engage in various activities, and more. It’s intended to be one of the most immersive virtual worlds ever created, with breathtaking graphics that outshine those of other virtual worlds.

For more information, please visit www.icicb.com.

The ICICB Group, based in Dubai, United Arab Emirate, is an investment holding company specialized in financial services and investment offerings. The group serves a variety of industries including commercial real estate, digital banking, medical care, consulting, and more. The Group operates over 114 branches in 26 countries. Over the past few years, the ICICB Group’s mission was the development and advancement of digital technology, integrated with everyday life to increase efficiency and sustainability.

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