Mysten Labs | March 17, 2023
Mysten Labs, a web3 infrastructure company and initial developer of the Sui Layer 1 blockchain, today announced that it has partnered with BlueJay Games, a leading gaming studio. Through this partnership, BlueJay Games will launch Arcade Champion, a mobile Web3 arcade game, on Sui.
Arcade Champion is a reinvention of classic arcade games, integrating NFTs and play-to-own elements with familiar single-player and multiplayer competition-based minigames. The game features a hero-based system that uses NFTs to represent each player's unique characters. These NFTs are upgradeable, tradable, and fusible, and play a critical role in solo and dual modes of play, enabling players to accumulate bonuses and coins and achieve arcade supremacy.
The game will leverage Sui’s best-in-class technology and functionality, including its on-chain object and data storage, NFT-friendly infrastructure, and dynamic user-generated content support, providing a seamless and immersive gaming experience for players.
"We are excited to announce that BlueJay Games will be joining our growing community and building Arcade Champion on Sui,” said Evan Cheng, Co-Founder and Chief Executive Officer of Mysten Labs. "By offering the Web3 space a reinvention of classic arcade games that mix in elements of NFTs and play-to-earn incentives, we believe Arcade Champion will effectively bridge Web2 and Web3 users and move the gaming industry forward. By combining this innovative game with Sui’s innovative gaming infrastructure, powered by the Move programming language, we look forward to providing a fun-first gameplay experience for players."
"Arcade Champions seeks to expand the world of Web3 gaming to the mass market with Sui. Arcade Champion, a mobile-first, hybrid casual game with play-to-own elements and Hero based NFTs,” said Michel Mailhot, Chief Executive Officer of BlueJay Games. “Sui is purpose-built for gaming, speed, and efficiency with differentiated NFT editing, evolving and merging capabilities. We look forward to taking advantage of the massive opportunity ahead.”
Arcade Champion will launch on the first day of Sui’s mainnet. Players will immediately have access to the game’s play-to-own elements and hero-based NFTs.
About Mysten Labs
Mysten Labs is a team of leading distributed systems, programming languages, and cryptography experts whose founders were senior executives of Meta’s Novi Research and lead architects of the Diem blockchain and Move programming language. The mission of Mysten Labs is to create foundational infrastructure for web3.
Alliance Entertainment | January 10, 2023
Alliance Entertainment Holding Corporation, the largest wholesaler of movies, music, electronics, video games, arcades, and collectibles in the U.S., and Adara Acquisition Corp., a special-purpose acquisition corporation, recently announced that Adara's definitive proxy statement regarding the business combination has been filed with U.S. Securities and Exchange Commission.
For the organization to become a publicly-traded company, filing the definitive proxy statement is crucial. The goal is to list the company on New York Stock Exchange American when the transaction closes. The deal is anticipated to deliver up to $117 million in cash held in trust, minus any deferred underwriting commissions, transaction costs, and redemptions by Adara's public shareholders who exercise their redemption rights, as was previously discussed.
Adara will start mailing the proxy statement, which includes a notice and a form for voting instructions or a proxy card, to Adara shareholders before the meeting of the shareholders. The Extraordinary General Meeting, to be held virtually, will commence on January 18, 2023.
The parties anticipate that this business combination will close soon if the proposals at the Extraordinary General Meeting are approved, subject to the fulfillment or waiver, as applicable, of all other closing conditions. When closing, the combined entity will be listed under the ticker symbols 'AENT' and 'AENT.WS.' on New York Stock Exchange American.
To guarantee that their shares will be represented at the Extraordinary General Meeting, Adara shareholders must vote before 11:59 p.m. on January 17, 2023. Besides, the shareholders can submit their proxies via the internet or mail.
On June 23, 2022, Alliance Entertainment held a virtual analyst day presentation to outline an anticipated timeline for the business combination with Adara. Chairman of Alliance Entertainment Bruce Ogilvie and CEO Jeff Walker discussed the proposed deal and gave an update on the company's operations.
About Alliance Entertainment
Alliance Entertainment is the leading wholesale distributor of audio and video software for home entertainment in the United States in addition to being an experienced distribution channel for apparel, hardware, and accessories. The company delivers the highest level of service in eCommerce fulfillment (CDF), vendor-managed inventory systems, category captain analysis and processes, traditional retail distribution, and 3PL functions.
TECHNOLOGIES, VENDORS AND SUPPLIERS
ClearOne | January 31, 2023
On January 30, 2023, ClearOne, a provider of conferencing, collaboration, and network streaming solutions, launched the new CHAT® 150 BT group speakerphone with Bluetooth and USB connectivity. The device was created in response to the rise of unified communications software applications and mobile devices for conference calls. It provides an enhanced conferencing experience for the finest in business-class performance.
The CHAT® 150 BT group speakerphone can easily and instantly connect to personal computers, mobile devices, or Bluetooth-enabled desk phones. It offers users an economical way to upgrade home offices, executive offices, and mid-size meeting spaces with BYOD simplicity and superior audio clarity for video meetings and audio conferences.
The speakerphone's audio bridging feature lets far-end USB-connected conference participants using conferencing apps, local users, and Bluetooth-connected far-end mobile callers, join the same call and clearly hear each other. With a steerable microphone array and first-mic priority feature, it intelligently activates the microphone closest to the speaker, reducing ambient noise. Like all ClearOne microphone products, the device is compatible with popular collaboration platforms such as ZoomTM, WebExTM, Microsoft® Teams, Google® MeetTM, and many more.
The new BT model preserves all the original CHAT® 150 speakerphone features, such as Advanced Noise Cancellation, Full Duplex Distributed Echo CancellationTM, and Automatic Level Control algorithms, allowing for precise and natural audio capture and playback. It also has an NFC tap-to-pair feature and a wired USB connection to maintain compatibility across all modern devices. In addition, the CHAT® 150 BT group speakerphone is portable, weighing just over a pound, and features a touch interface with control of volume, mute, and Bluetooth functions in a sleek design.
Derek Graham, the interim CEO of ClearOne, shared, "Every product we design has the shared goal of making it easier for companies and individuals to communicate remotely with excellent audio quality and class-leading simplicity." He added, "The CHAT 150 BT upgrades our customer-favorite speakerphone to enable even more flexible usage that's ideal for today's ever-changing needs and reflects the growth of BYOD conference calls and meetings. ClearOne continues to evaluate the needs of businesses and individuals working in today's complex office environments, and we're proud to deliver innovative features and benefits to make every meeting easier and more productive."
(Source – Business Wire)
Headquartered in Salt Lake City (Utah), ClearOne enables conferencing, collaboration, and network streaming solutions. Founded in 1983, the company has been improving communication and collaboration for organizations worldwide, from Fortune 500 to small and medium businesses and institutions, for nearly 40 years. ClearOne is the best-in-class option for any industry or organization that relies on teamwork and collaboration to be successful, from mobile conferences to the largest meeting venues