10th Indian Delegation to Dubai, Gitex & Expand North Star – World’s Largest Startup Investor Connect
Online Media

Rightsfually and Seracle Collaborate to Advance Decentralized Technologies in Media Rights Distribution Industry

Rightsfually, a blockchain-based media rights distribution platform backed by Polygon, has announced a strategic partnership at Consesus 2023 with Seracle blockchain cloud to build on the Polygon blockchain. This partnership aims to offer a more efficient and cost-effective solution for the platform by leveraging Seracle’s Litenode architecture and Polygon blockchain.

By building on the Polygon blockchain through Seracle’s blockchain cloud, the platform saves time and costs while ensuring high performance and security. Seracle’s Litenode architecture allows for significant cost savings by reducing DevOps costs by up to 90%. An automated infrastructure setup and management system achieves this by simplifying blockchain node deployment and management, enabling developers to focus on building their dApps.

Nitin Narkhede, Founder & CEO of Rightsfually

Nitin Narkhede, Founder & CEO of Rightsfually, praised the partnership, saying, “Seracle’s blockchain cloud enables us to save three DevOps engineers worth of work who would spend time just maintaining the Polygon nodes. Also, deploying on Seracle’s cloud saves the cost of hosting Polygon node with no compromise on performance and security.” This allows Rightsfually to focus on their core competencies and provide a seamless experience for their users.

Shrikant Bhalerao, Founder & CEO of Seracle, enthusiastically expressed his appreciation for the innovative solutions offered by Rightsfually, stating, “Rightsfually is a very innovative platform bringing IP distribution to the Web3 world, and we are thrilled to be part of this project.” “By leveraging Seracle’s Litenode architecture and Polygon blockchain, Rightsfually can build, learn, and scale their Web3 projects with ease.”

RightsfuAlly has also patented Micro-Distribution, a process to enable community-powered distribution on-chain for platforms operating on a subscription model. Seracle will help in setting up the infrastructure and its implementation on blockchain cloud and empower building by offering a low cost infrastructure for such distribution and streaming process alike.

Moreover, the platform has revealed its plans to launch its app chain on the Polygon blockchain in the near future and has agreed to rely on Seracle for assisting in the building and maintaining of the Rightsfually app chain. This partnership with Seracle further highlights the commitment of Rightsfually to providing a seamless experience for its users and advancing the adoption of decentralized technologies in the media rights distribution industry.

Partnership

Overall, the partnership between Rightsfually and Seracle aims to enable developers to build more efficiently and cost-effectively, providing a seamless experience for those looking to build on the Polygon blockchain. With Seracle’s Litenode architecture, Rightsfually can save time and costs while ensuring high performance and security, advancing the adoption of decentralized technologies in the media rights distribution industry.

Also Read The Latest News:
GST officials conduct “Survey” at upGrad’s office

by Team SNFYI

Pop Mart, the Chinese toy giant behind the viral Labubu dolls, is celebrating a massive surge in profits, driven by soaring global demand and a booming resale market. According to the company’s latest update, Pop Mart expects its profits for the first half of 2025 to jump by at least 350%, a testament to the unstoppable popularity of Labubu among collectors worldwide. The Beijing-based company’s revenue has more than tripled this year, cementing Labubu as a cultural phenomenon in the toy industry. The whimsical, elf-like Labubu characters with their jagged teeth and quirky expressions have captivated fans from China to the United States, triggering long queues outside stores and even sparking a black market for counterfeits. Launched in 2019, Labubu has transformed Pop Mart’s fortunes. What started as a niche line of collectible dolls sold in “blind boxes” — surprise packages that keep buyers guessing until opened — is now a global money-spinner. Pop Mart’s stock market valuation has skyrocketed, climbing nearly 600% in the last year to over $40 billion (£31.6 billion). In a sign of its growing international clout, nearly 40% of Pop Mart’s revenue in 2024 came from outside mainland China. In the United States, the Labubu craze has exploded thanks to celebrity fans like Kim Kardashian and Blackpink’s Lisa, who have showcased the collectible dolls on social media. This wave of celebrity endorsement has fuelled unprecedented demand — US sales of Labubu surged by an astonishing 5,000% in June alone, according to M Science, an equity research firm. “Labubu is not just a toy; it’s a pop culture statement,” says Vinci Zhang, senior analyst at M Science. “The resale market is wild. Some limited editions, originally priced at around $10, now fetch hundreds or even thousands of dollars.” In one remarkable example, a human-sized Labubu doll sold for $150,000 at a Beijing auction in June, highlighting how far collectors are willing to go to own a piece of this cultural trend. However, with success comes challenges. The popularity of Labubu has given rise to a flood of counterfeits, known colloquially as “Lafufu.” Chinese authorities have ramped up enforcement, seizing over 46,000 fake Labubu dolls in June alone. Pop Mart has also tightened its supply chains and partnered with major brands like Coca-Cola and One Piece to maintain its brand’s prestige and authenticity. Despite concerns over blind box marketing — criticised by some as encouraging gambling-like spending — Pop Mart’s business model shows no signs of slowing down. The company currently operates over 2,000 stores and vending machines globally, with plans to expand its footprint in the US market, where it has under 40 outlets compared to about 400 in China. Retailers worldwide have struggled to keep Labubu in stock, often pausing sales to manage the overwhelming rush. Fans queue for hours, and online resellers have turned the market into a battlefield where the rarest Labubu editions change hands at jaw-dropping prices. As Labubu continues its unstoppable rise, Pop Mart’s aggressive branding and strategic cost controls are …

by Team SNFYI

Cressanda Railway Solutions Limited has secured notable contracts from two distinguished clients: the Directorate of Tourism, Maharashtra, and the Bureau of Indian Standards. These contracts involve the installation of external wraps on 16 express trains and 1 express train, respectively. The selected trains are premium, long-distance services catering to high-end passengers travelling to various destinations. The use of transit media for promotion highlights a strategic choice by these government organisations to reach a broad audience through visible and impactful advertising. This initiative aims to effectively promote new campaigns and enhance public awareness. About Cressanda Railway Solutions Ltd Cressanda Railway Solutions Ltd is dedicated to improving the railway travel experience through innovative digital solutions and concierge services. Recent initiatives include providing Wi-Fi and COD services on Eastern Railway trains, introducing wheelchair services, offering pick-up & drop services and on-board sales of non-catering items. For more information, please visit: www.cressanda.com Source Link

by Team SNFYI

s India celebrates its Independence Day, a new chapter in the digital era begins with the launch of Bataiyo. This revolutionary platform, opening for registration today, aims to reshape how service providers and consumers connect in the digital landscape. As India rapidly advances in the digital age, important questions arise: Are we all truly benefiting from this technology boom? Can we rely on the information we find online? Most crucially, is every Indian able to fully engage with this digital transformation? When we need a service—whether it’s finding a good restaurant, consulting a new city’s healthcare providers, or locating a skilled craftsman—we often depend on online reviews and ratings. But with the prevalence of fake reviews, bots, and purchased ratings, how trustworthy are these sources? Introducing “Bataiyo”, a groundbreaking platform launching its registration on August 15, 2024—India’s Independence Day. Bataiyo aims to address these issues with its zero-commission model, transforming the way service providers and consumers connect. This innovative platform will offer a transparent and reliable method to find quality services through personal recommendations, avoiding the pitfalls of traditional online reviews. In today’s service economy, high commission fees reduce profits for service providers and drive up costs for consumers. Bataiyo eliminates these fees, allowing service providers to keep their full earnings and offering fair prices to consumers. This creates a more equitable and trustworthy digital marketplace. Bataiyo also has a significant social mission. By launching on Independence Day, the platform is committed to including those who have been excluded from the digital world so far. Through its initiatives, Bataiyo will provide digital education and training, aligning with national goals to ensure every Indian has the opportunity to become digitally savvy. Founded by Mr. Jitender Bhutani of Hansi, Haryana, Bataiyo envisions a platform where every Indian can build their digital presence and contribute to the country’s progress. Starting August 15, 2024, Bataiyo will ensure a fair and transparent system, marking a new chapter in the digital era, built on trust and inclusivity. Source Link