Connect with us

Press Release

Valued at $100 Million, Russian Charity Auction Platform CPAI Reaches 1 Million Users

Published

on

CPAI is the first Russian innovator business to be valued at $100 million this this year. CPAI has surpassed ThredUp in transaction volume and is expected to be the next unicorn of online resale platform.

CPAI, after seed round on May 19, 2019, has its trading volume almost doubled each year. CPAI operates a one-stop second-hand trading market featuring online resale, charity auction and vertical recycling. Its award-winning business model adopts an innovative way of auction — one auction and one re-auction a day. Different from the traditional second-hand trading platform, the same commodity can be traded several times on CPAI platform, and the price of each transaction will be maintained in a fixed range until the buyer takes delivery of the goods.

What is the status of CPAI after this fund raise, according to its financial disclosure and strategy?

The Number of Users Exceeds 1 Million

For e-commerce platforms, number of users is a very important indicator. Since its launch in 2019, CPAI has seen steady growing in user base, with 710 thousand users worldwide in March 2020 and more than 1 million CPAI users by the end of 2020.

Trading volumes continued to grow, however, with heavy volumes in the domestic Russian market and light volumes in the European and US markets. According to data released by CPAI, its trading volume is shown below. Please note that the six-month period means a full fiscal year calculated backwards.

June 2019:3.1 billion rubles

June 2020:7.2 billion rubles

January 2021 to March 2021 (3 quarters in total) : 12.4 billion rubles

Based on this trend, it is expected that in June 2021, trading volume will exceed 2 billion rubles (about $240 million).

In 2020, after the outbreak of COVID-19, the online sales of some categories, especially groceries, increased significantly. Take, for example, Wildberries.Ru, one of the largest online platforms in Russia. Order number on Wildberries has almost doubled during the pandemic, which means every one in three Russian consumers has purchased from Wildberries. CPAI platform hosts at least 6,000 auctions a week; orders for second-hand items in circulation reach 1 million a year, combined with such growth rate, CPAI has a comfortable position in the market and shows promising growth.

Focus on “Talent” and “Marketing”

On the other hand, the number worth paying attention to is the operating loss of CPAI. Up to Q3 of this year, the operating loss was about 200 million rubles, of which the personnel cost was 360 million rubles (210% compared with cost in the same period last year) and the advertising cost was 1.28 billion rubles (154% compared with cost in the same period last year).

The Cambridge graduated Entrepreneur, Ivan Morozov, CEO of CPAI has stated that CPAI will not focus on short-term gains, but on medium – to long-term development, so big investments now are necessary for future growth. Even if the company went public, short-term profit improvements would not be on his mind.

This is in line with the fact that many big tech companies, like Twitter and Netflix, have been losing money for years in order to grow in the long run. So, to maximize long-term profit, investment in growth is the key.

Reflection: The Inspiration and Opportunity CPAI has brought

Recently CPAI has been recruiting engineers aggressively. This year, CPAI has started recruits outside Russia. It’s a great opportunity for whomever with relevant skills, as reportedly the annual salary offered by CPAI can reach 10 million rubles. 

On the other hand, why can CPAI attract so much traffic in the short term? We are very familiar with offline auctions in Southeast Asia, but in the post epidemic era, everything is going digital, and the business innovation of CPAI is in line with this trend. 2020 has accelerated the growth of user base, and this momentum ushers in the second wave of growth in the post epidemic era.

We are familiar with traditional auctions, but CPAI is truely unique here. Many entrepreneurs have good ideas of business, but having idea, technology and capital at the same time is a rare combination. Now with the raised fund and user base, CPAI will only embrace a faster development now, providing customers a safe space for their usual activities.

CPAI is actually not the first Russian business to do second-hand goods trading. FRIL offers this service a year before. However, CPAI quickly gained an upper hand with aggressive channel marketing, creating an image of the go to place for charity auction, thus attracting large number of users.

Future challenges for CPAI

Some media regards Rakuten as a strong competitor of CPAI, as Rakuten merged its two flea market apps (Rakuma & Fril) into a single App called Rakuma. Rakuten has always used low prices (Rakuma charges only 3.5 percent), existing members (about 95 million) and points to connect other Rakuten services, using all strategies to gain market share.

However, Rakuten’s victory in the price war usually occurs when its rival’s IT capability is weaker. This allows Rakuten to reduce manpower and streamline workflow to drive down cost. But CPAI’s IT capability is as good as, if not better than, Rakuten’s.

On the other hand, giving points back to members as Rakuten does is just an alternated form of price competition. Price wars will not bring benefit for the market in the long run, but only to squeeze profit margin and kill innovation.

The biggest challenge for CPAI is still from overseas. Will the investment be rewarded? Can trade volume in the US, European, and Southeast Asian market grow substantially? That’s what CPAI is going to focus on next.

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

Owned by Bitprotos LLC – 5DAX Exchange Announces Global Expansion Strategy Following U.S. Licensing in Wyoming and CoinMarketCap Listing

Published

on

Sheridan, WY, United States, 4th Nov 2025 – 5DAX Exchange, one of the fastest-growing centralized digital asset exchanges, owned by Bitprotos LLC, today announced the launch of its Global Expansion Strategy 2026, following two landmark achievements — its official licensing under the State of Wyoming, United States, and its successful listing on CoinMarketCap (CMC).
These milestones mark a defining moment in the company’s evolution, positioning 5DAX as a globally compliant, transparent, and trusted exchange at the forefront of the next era of digital finance.

To celebrate its global milestone, 5DAX Airdrop Game is currently live where users can trade without any cost  for the next 30 Days. 

Two Milestones that Redefine Trust and Global Standing

The U.S. licensing under Wyoming’s digital asset framework highlights 5DAX’s deep commitment to regulatory compliance, user protection, and institutional legitimacy within one of the world’s most rigorous financial jurisdictions.
Operating under Wyoming’s forward-looking crypto regulations — recognized for pioneering blockchain and digital asset laws — 5DAX now meets the highest standards of KYC/AML compliance, financial transparency, and consumer security. This sets a new benchmark for exchanges striving to bridge traditional finance with blockchain innovation.

Meanwhile, the official listing on CoinMarketCap (CMC) — the world’s leading cryptocurrency data aggregator — validates 5DAX’s transparency, liquidity integrity, and market credibility. The listing enables millions of users globally to access verified 5DAX trading data, token listings, and volume metrics in real time, further solidifying the platform’s reputation as a reliable, performance-driven exchange.

Together, these two accomplishments serve as a strategic gateway for 5DAX’s expansion into regulated global markets, fostering trust, cross-border partnerships, and sustainable user growth worldwide.

5DAX Global Expansion Vision 2026

5DAX outlines a roadmap to strengthen its global presence while upholding compliance and innovation.

Phase 1 (2026): Establish regional hubs to ensure local compliance, fiat integration, and global user support.
Phase 2 (2027): Build an institutional liquidity network to enhance cross-border trading and API access.
Phase 3 (2028+): Launch 5DAX Global Labs to support Web3, DeFi, and GameFi startups through incubation and listings.

For updates and support, connect with 5DAX Exchange on Telegram.

About 5DAX Exchange

5DAX Exchange, owned by Bitprotos LLC, is a next-generation centralized exchange (CEX) designed for speed, security, and scalability.
Licensed under the State of Wyoming, United States, and officially listed on CoinMarketCap, 5DAX is built on the principles of regulatory integrity, transparency, and innovation.
The platform offers deep liquidity, advanced trading tools, and institutional-grade security to serve users worldwide — empowering both retail and institutional participation in the digital economy.

Explore more at: https://5dax.com

Media Contact

Organization: Bitprotos LLC

Contact Person: Steve Johnson

Website: https://5dax.com

Email: Send Email

City: Sheridan

State: WY

Country:United States

Release id:36465

Disclaimer: The information in this press release is provided for general informational purposes only and does not constitute financial, investment, or legal advice. Readers should conduct their own due diligence before making any decisions.

The post Owned by Bitprotos LLC – 5DAX Exchange Announces Global Expansion Strategy Following U.S. Licensing in Wyoming and CoinMarketCap Listing appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

file

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

Game Changer Floor Covers Leads Fitness Industry with Innovative, Eco-Friendly Gym Floor Protection Solutions

Published

on

Family-Owned Manufacturer Combines Two Decades of Expertise with Sustainable Materials to Deliver Premium Gym Floor Covering Systems Across the United States

United States, 4th Nov 2025 – Game Changer Floor Covers, LLC, a family-owned manufacturer and distributor of premium gym floor protection products, continues to set industry standards with its comprehensive line of durable, eco-friendly floor covering solutions. With over 20 years of expertise in the fitness facility industry, the company has become a trusted partner for universities, colleges, high schools, gyms, fitness studios, and sports arenas nationwide.

Based in Cartersville, Georgia, Game Changer Floor Covers specializes in cutting-edge carpet, vinyl, matting, and specialty surface protection products, all manufactured in the USA. The company’s commitment to environmental sustainability, combined with innovative design and superior performance, has made its products the top choice for fitness facilities seeking to protect their substantial flooring investments while maintaining aesthetic appeal.

“Our mission is to provide fitness facilities with floor protection solutions that truly change the game,” said a spokesperson at Game Changer Floor Covers. “We understand that a gym floor represents a significant investment, and our products are engineered to extend that floor’s value while keeping it looking new longer, all while being environmentally responsible.”

Industry-Leading Product Portfolio

Game Changer Floor Covers offers a comprehensive range of floor protection solutions designed to meet diverse facility needs:

Game Changer Eco Roll – The #1 Best-Selling Solution

Game Changer Eco Roll has earned its position as the company’s flagship product and one of the best-performing gym floor covers available on the market today. This innovative gym carpet roll protective cover system has become an essential component for gyms and arenas seeking reliable, efficient floor protection.

The Eco Roll system effectively prevents scratches and scuff marks from stages, chairs, tables, and shoes while providing a crucial barrier against drink spills that could damage expensive gym flooring. Unlike traditional vinyl floor covers that wrinkle and create tripping hazards, Eco Roll deploys flat and stays flat, requiring only reusable seaming tape for a secure, professional installation.

Key features of Game Changer Eco Roll include:

  • 100% recycled polyester topcloth constructed from reclaimed plastic bottles
  • Anti-microbial protection for enhanced hygiene
  • Extremely lightweight yet durable and tear-resistant construction
  • Fast, easy installation requiring only two people for deployment and retrieval
  • Attractive carpet surface with excellent acoustical properties
  • Highly slip and stain-resistant waterproof backing
  • Easy to clean and maintain
  • Compact storage with optional Rebound Storage Rack (holds up to 7,200 square feet)
  • Three-year warranty
  • ASTM E648-06 Class 1 fire rating

The environmental impact is remarkable: every 10,000 square feet of Eco Roll saves approximately 7,000 plastic bottles from landfills, making it both an economical and ecological choice for environmentally conscious facilities.

Game Changer Eco Tile – Premium Modular Protection

Game Changer Eco Tile has become the preferred choice for many universities, colleges, and high schools across the country. This modular gym floor covering system prevents scratches from stages, tables, and chairs while protecting against scuff marks from shoes and general wear and tear.

Manufactured from recycled plastic bottles, Eco Tile represents the company’s commitment to sustainability without compromising performance. The tile system extends gym floor value significantly, helping facilities maintain that “like-new” appearance for years. Its modular design offers flexibility for various event configurations while providing the same superior protection as the Eco Roll system.

Courtside Runner – Essential Sideline Protection

Courtside Runners have rapidly become one of Game Changer’s best-selling products and a necessary component for gyms and arenas hosting sporting events and activities. These specialized Side Line Saver Runners provide targeted protection for high-traffic sideline areas where chairs, tables, equipment, and spectators create the greatest risk of floor damage.

The runners feature an attractive carpet surface available in multiple color options, allowing facilities to coordinate with team colors or branding. The waterproof “Pure Performance” rubber backing ensures that drink spills and moisture cannot penetrate to the gym floor beneath, providing essential protection during games, tournaments, and special events.

Custom Branding and Entrance Matting Solutions

Beyond floor protection, Game Changer Floor Covers offers custom logo and branding options on many products, enabling facilities to reinforce their identity while protecting their floors. The company’s entrance matting solutions provide an additional layer of floor protection by capturing dirt, moisture, and debris before they can reach the gym floor.

Two Decades of Manufacturing Excellence

As a family-owned business with over 20 years of industry expertise, Game Changer Floor Covers has built its reputation on an unwavering commitment to quality, innovation, and customer service. The company’s manufacturing process utilizes only the finest materials and cutting-edge technology, ensuring every product meets rigorous standards for durability, safety, and aesthetic appeal.

“What sets us apart is our dedication to using premium materials and advanced manufacturing techniques,” explained [Spokesperson Name]. “Our floor covering options are not only visually appealing but also engineered to be slip-resistant, easy to maintain, and built to last. We view every product as a long-term investment in the safety and aesthetics of our customers’ fitness spaces.”

Personalized Service from Consultation to Installation

Game Changer Floor Covers’ team of skilled professionals provides personalized attention throughout the entire customer experience. From initial consultation through product selection, customization, and installation guidance, the company collaborates closely with facility managers and decision-makers to ensure optimal outcomes.

The company’s comprehensive inventory features diverse colors, patterns, and textures, enabling facilities to find floor covering solutions that align perfectly with their brand identity and aesthetic vision. Whether outfitting a small fitness studio or a major university athletic complex, Game Changer Floor Covers adapts to unique facility requirements with precision and expertise.

Engineered for Real-World Gym Environments

Game Changer Floor Covers understands the demanding conditions present in active fitness facilities. Gym floors must withstand heavy equipment, high-impact activities, and constant foot traffic while maintaining safety and visual appeal. Every product in the Game Changer lineup is specifically engineered to meet these challenges.

The company’s floor covers provide essential protection against:

  • Scratches and gouges from moving equipment and furniture
  • Scuff marks from athletic shoes and foot traffic
  • Liquid damage from spills and moisture
  • General wear and tear from daily use
  • Event setup and teardown activities

This comprehensive protection extends the lifespan of expensive gym flooring, delivering substantial cost savings over time while maintaining the professional appearance that facilities require.

Community-Focused Business Philosophy

Game Changer Floor Covers actively participates in local fitness events and community initiatives, reflecting the company’s belief in giving back to the communities that have supported its growth. This community-focused approach extends beyond business transactions to making a positive impact on individuals pursuing healthier lifestyles.

“We’re grateful for the support we’ve received from the fitness community over the years,” said [Spokesperson Name]. “Participating in local events and supporting fitness initiatives is our way of contributing to the health and wellness of our communities.”

Sustainability Meets Performance

Environmental responsibility is woven into Game Changer Floor Covers’ product development philosophy. By manufacturing products from recycled materials—particularly reclaimed plastic bottles—the company delivers high-performance solutions that also benefit the environment.

The Eco Roll and Eco Tile product lines demonstrate that sustainability and superior performance are not mutually exclusive. Facilities choosing Game Changer products protect their floors while making environmentally conscious decisions that resonate with increasingly eco-aware students, members, and communities.

Made in the USA

All Game Changer Floor Covers products are proudly manufactured in the United States, supporting domestic manufacturing jobs and ensuring quality control throughout the production process. This domestic manufacturing capability also enables faster delivery times and responsive customer service for facilities across the country.

Trusted by Top Institutions

Game Changer Floor Covers has earned the trust of educational institutions, fitness facilities, and sports arenas nationwide. Universities, colleges, high schools, commercial gyms, fitness studios, community centers, and sports complexes rely on Game Changer products to protect their flooring investments and maintain safe, attractive environments for athletes, students, and fitness enthusiasts.

The company’s growing customer base reflects its reputation for delivering products that perform as promised, backed by responsive customer service and comprehensive support.

For more information about Game Changer Floor Covers’ complete product line, custom branding options, or to request a consultation, visit https://gamechangerfloorcovers.com/, email gamechangerfloorcovers@yahoo.com, or call 1-800-607-1220.

About Game Changer Floor Covers, LLC

Founded as a family-owned business and headquartered in Cartersville, Georgia, Game Changer Floor Covers, LLC is a leading manufacturer and distributor of premium gym floor protection products. With over 20 years of industry expertise, the company specializes in eco-friendly floor covering solutions including the best-selling Eco Roll system, Eco Tile modular protection, Courtside Runners, entrance matting, and custom branding options. All products are manufactured in the USA using sustainable materials and cutting-edge technology. Game Changer Floor Covers serves universities, colleges, high schools, gyms, fitness studios, and sports facilities nationwide with a commitment to quality, innovation, and exceptional customer service.

Media Contact

Organization: Game Changer Floor Covers, LLC

Contact Person: Stephen Blalock

Website: https://gamechangerfloorcovers.com/

Email: Send Email

Contact Number: +18006071220

Address:111 Wansley Dr., Cartersville, GA 30120

Country:United States

Release id:36527

The post Game Changer Floor Covers Leads Fitness Industry with Innovative, Eco-Friendly Gym Floor Protection Solutions appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

file

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

Deeply Empowering Traders: FQL Partners with VG to Forge a New Benchmark in Digital Finance

Published

on

6052926912843156457.jpg
London, United Kingdom, 4th Nov 2025 –  With the deepening evolution of the global digital asset market, FQL Exchange (fqlex.com) is solidifying its leadership position among next-generation digital asset exchanges worldwide, driven by its “profound empowerment through specialized tools” and “strategic partner synergy value.” The platform is not merely a venue for trading but an innovation hub enabling users to execute intelligent trading strategies.

 

6055472909326682996.jpg

 

I. Strategic Synergy: FQL and VG Investment Group Initiate Value Co-Creation

The three-year long and stable cooperation between FQL Exchange and VG Investment Group Inc. is a core advantage distinguishing it from typical exchanges. This deep strategic synergy is manifested through:

-Deepening Technical and Data Support: FQL Exchange consistently provides VG Investment Group Inc. with a stable, highly reliable technical infrastructure and precise market data support, ensuring its efficient operation as the officially designated agency.

-Shared Market Insight: Through the partnership with VG Investment Group, FQL gains earlier and deeper access to the investment preferences and market trends of global institutions and high-net-worth clients, thereby optimizing its product and asset listing strategies.

-This robust collaborative relationship not only brings sustained market influence to FQL but also represents its leading model of deep integration between technology services and financial insight within the industry.

6055472909326682997.jpg

II. Intelligent Upgrade of Trading Tools: Unleashing Professional Potential

FQL Exchange is dedicated to providing professional-grade tools and support for traders of varying experience levels. Building on its rich product line, the platform is accelerating the intelligence and usability of its tools:

-Popularization of Intelligent Strategies: The platform offers strategic tools like Dollar-Cost Averaging (Spot DCA) and Grid Trading (Spot Grids), which, combined with advanced order types such as Plan Orders and Trailing Orders, significantly lower the entry barrier for complex trading strategies. This allows retail investors to benefit from the automation and risk control capabilities traditionally exclusive to professional institutions.

-Ultimate Trading Flexibility: The platform supports multi-dimensional products, including Spot, Margin, and Perpetual Futures, complemented by its rapidly iterating trading interface and rich Novice Guides/Trading Tutorials. This ensures users can flexibly navigate a volatile market environment within a secure and concentrated setting.

III. Market Vitality and Asset Innovation: Sustained Global Appeal

While maintaining its core security and compliance standards, FQL Exchange continues to inject market vitality:

-Rapid Introduction of New Assets: FQL constantly tracks frontier market trends, actively listing emerging quality assets such as GOHOME, Physics, and wb3npc, meeting users’ demand for cutting-edge, high-growth potential tokens.

-Sustained User Incentives: Through regular USDT reward promotional campaigns, FQL aims to give back to the community and activate trading enthusiasm, fostering a healthy and vibrant trading ecosystem.

Poster_FQL01.jpg

IV. Future Outlook: Becoming the Standard Setter for the Digital Asset Era

Since its registration in the UK, FQL Exchange has maintained a steady and rapid pace of development. Leveraging its leading four-layer encryption security system and the compliance foundation of simultaneously holding US MSB and Canadian licenses, FQL possesses the potential to distinguish itself in the highly competitive market.

The future vision of FQL Exchange is to: transcend the definition of a “secure trading platform” and become the innovation engine and industry standard setter for the digital asset era.

FQL Exchange Official Website: fqlex.com

Media Contact

Organization: FQL EXCHANGE

Contact Person: Group Team PR

Website: https://fqlex.com/

Email: Send Email

State: London

Country:United Kingdom

Release id:36500

Disclaimer: The information provided in this press release is for informational purposes only. It does not constitute investment, financial, or legal advice. Readers are encouraged to conduct their own research before taking any action

The post Deeply Empowering Traders: FQL Partners with VG to Forge a New Benchmark in Digital Finance appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

file

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

LATEST POST