Drops Closes In $1M Private Funding Round to Create New Value for NFTs
Public offering scheduled for Q2 2021
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VILNIUS, Lithuania, May 5, 2021 /PRNewswire/ Drops, a groundbreaking project that unlocks additional value for non-fungible tokens (NFTs), announces the closure of around US $1 million from private investors. This funding round was led by Axia8 Ventures, Bitscale Capital, Blocksync, AU21, x21, D64, Genblock, and Drops Ventures. The successful round of funding builds on Drops network of strategic partners which include Polkastarter, Quantstamp, 0xb1, Kyros Ventures, Zokyo, Petrock Capital and Blockstar Technologies. Drops will use the raised capital for development, marketing, operational expenses, and liquidity provision.
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The Significant Investor Visa (SIV) program is a ‘fast-track’ residency scheme that can lead to Australian citizenship, and requires participants to spend $5 million over four years on complying investments in order to receive citizenship.
Since its inception, the SIV program has brought around $11.6 billion into Australia. However, it was criticised by the Productivity Commission (PC) as prone to fraud and money laundering, with the PC recommending the SIV program be scrapped altogether:
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A virtual concert featuring 10 all-new compositions performed by all of PYP’s ensemble.
We continue our exciting 97th concert season with another virtual presentation featuring performances from all of our ensembles.
Portland Youth Philharmonic conducted by David Hattner, PYP’s Musical Director.
PYP’s Conservatory Orchestra conducted by Lawrence Johnson.
PYP’s Young String Ensemble conducted by Inés Voglar Belgique.
PYP’s Wind Ensemble conducted by Giancarlo Castro D’Addona.
Commissioned composers include Tatev Amiryan, Eduardo Alonso-Crespo, Jonathan Bingham, Sakari Dixon Vanderveer, Erberk Eryılmaz, Gabriel A. Meneses, Gordon Rencher, Bruce Stark, James Stephenson, and Rain Worthington.
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