Press Release
Build the world’s first decentralized auction exchange
1:There were many similar auction items as early as 2017. What is the difference between us?
Auction uses DeFi technology, and the circulation of ACT is completely open and transparent. The total circulation of ACT is 100,000, of which 10,000 will be in circulation, and the remaining 90,000 will be automatically distributed in all auction mining pools. Among them, 8,000 of the 10,000 in circulation are injected into the uniswap liquidity pool, 1,000 are held by the technical team, and 1,000 are airdropped in the market.
2:Following the topic, apart from combining NFT, what else do we have different?
In traditional auctions, all those who participate in the auction will ultimately get only the auction item itself, which cannot create more value.
In the Auction auction system, all users participating in the auction can not only compete for the auction item, but also participate in the mining pool of the auction item to obtain more value.

3:How to participate in mining?
All users who want to participate in the auction activities go to the decentralized exchange uniswap to buy ACT tokens
Any user or team leader can initiate an auction in the decentralized DAPP. The auction amount and starting price are set by the initiator. The token being auctioned is ETH,
The user’s funds to participate in the auction are ACT
(For example, player A initiates 100 ETH auction activities in DAPP, then player A can set the starting price by himself, which can be set to 50ETH, 40ETH, 30ETH, etc.
For example, the starting price set by user A is 30ETH, then all users who want to participate in the auction can go to uniswap to purchase 30 ACTs of the same value to participate in the auction)
4:Mining ratio calculation
As long as a player initiates an auction on the DAPP, any global user can go to uniswap to buy ACT to participate in the auction. The amount of each user participating in the auction is:
On the basis of the auction amount of the previous user, an ACT equivalent to 30×1%=0.3ETH is added. (For example, the amount of the first user to participate in the auction is 30 ETH equivalent ACT, then the amount of the second user to participate in the auction
It is the value (30+30×1%)=30.3ETH equivalent ACT. If there is no user participating in the auction within half an hour, the bid of the highest bidder is successful, and the successful bid of the user means the end of the auction.
The 100 ETH auctioned on the chain is automatically sent to the wallet address of the successful bidder by the smart contract. All the ACT pledged by users participating in the auction and mining profits will be returned to the user’s wallet address.
Promoter’s income:
After a single auction is over, 1% of the total amount of ACT participating in the auction is automatically sent to the wallet address of the initiator of the auction by the smart contract.
Participants’ income:
Users who participated in the bidding but did not succeed in the bidding automatically mine, and the mining income is not fixed, and it is estimated that 2 to 3 points. Auction is mining.
Promotion reward:
Take 20% of each auction revenue of the first generation of the market + 10% of each auction revenue of the second generation of the market
5:How to get more ACT?
Users can participate in mining, how to allocate the mining ratio? In fact, it’s very simple. The system uses an invitation system to apply. That is to say, all users must fill in the invitation code to participate. The mining ratio will be 30% to the inviter, and the remaining 70% will be earned by participating users. In other words, in addition to obtaining ACT from mining by users, inviting users can also obtain more ACT.

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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.
Press Release
Rasmala Global Sukuk Fund Named Winner of Two 2026 LSEG Lipper Fund Awards for Best Fund over 10 Years
Dubai, United Arab Emirates, August 3rd, 2026, FinanceWire
Independent recognition of a decade of consistent, risk-adjusted performance
The Rasmala Global Sukuk Fund was recognised with the 2026 LSEG Lipper Fund Awards for Best Fund over 10 Years in the Bond Sukuk Global USD classification, winning across two award universes: Global Islamic and MENA Markets.
The LSEG Lipper Fund Awards have, for more than three decades, recognised funds that have delivered consistently strong risk-adjusted performance relative to their peers. Winners are determined using LSEG Lipper’s independent, proprietary quantitative methodology, based on the Lipper Leader rating for Consistent Return over three-, five-, and ten-year periods.
The Rasmala Global Sukuk Fund is a UCITS sub-fund of an open-ended, Luxembourg-incorporated umbrella investment company. One of the longest-running global sukuk funds of its kind, the Fund invests in a diversified portfolio of Shariah-compliant assets, comprising primarily investment-grade sovereign, government-related and corporate sukuk, without reference to any specific benchmark. The Fund is dynamically managed and targets both income and capital appreciation, with a monthly distribution of dividends, and has navigated multiple market cycles within a risk-managed framework.
The awards come at a period of heightened volatility for global fixed income. Fitch Ratings has noted that the sukuk market’s recovery in 2026 hinges on sustained regional stability, with issuance expected to remain below 2025 levels amid ongoing geopolitical uncertainty.¹ Against this backdrop, an independent award recognising consistent, risk-adjusted performance over a full decade underscores the value of an actively managed, disciplined approach through changing market cycles.
“We’re proud to see the Rasmala Global Sukuk Fund recognised among the best over ten years. In a market that continues to test investors, an independent award for consistent, risk-adjusted performance over a full decade speaks to the strength of our active management and the trust our investors place in us. It reflects the disciplined, long-term approach that defines how we manage capital at Rasmala,” said Eric Swats, Senior Executive Officer, Rasmala Investment Bank Limited.
About Rasmala Investment Bank Limited
Rasmala Investment Bank Limited (“Rasmala”) is an independent alternative investment manager serving Gulf-based investors including pension funds, family offices, corporates, endowments, and financial institutions. The firm is located in the DIFC, Dubai, UAE, and regulated by the Dubai Financial Services Authority (DFSA). It is a wholly owned subsidiary of Rasmala Investment Holdings (DIFC) Limited (“Rasmala Holdings”). For more information, visit www.rasmala.com.
¹ Market context sourced from publicly available third-party commentary: Fitch Ratings, “Global Sukuk Issuance Recovery Hinges on Regional Stability” (Non-Rating Action Commentary), 8 July 2026, fitchratings.com/research/non-bank-financial-institutions/global-sukuk-issuance-recovery-hinges-on-regional-stability-08-07-2026. Provided for context only.
Important information/disclaimer
For Professional Client only. This document constitutes a financial promotion and is directed only at persons who meet the DFSA’s definition of a Professional Client and must not be relied upon by any other person. It does not constitute an offer, solicitation or investment advice. Past or projected performance is not necessarily a reliable indicator of future results; the value of investments can fall as well as rise, and investors may not recover the full amount invested. RIBL is authorised by the DFSA to operate an Islamic Window and has appointed a Sharia Supervisory Board that reviews and approves its Islamic Finance products. The LSEG Lipper Fund Awards is awarded by LSEG Lipper based on its independent quantitative methodology; details are available at lipperfundawards.com. Prospective investors should read the Fund’s prospectus and KIID/PRIIPs-KID and seek independent advice before investing. The awards referred to herein should not be construed as a recommendation to purchase or invest in the Fund and does not guarantee future performance. Nothing in this communication excludes or limits any duty or liability owed by Rasmala Investment Bank Limited under applicable DIFC laws or the DFSA Rulebook.
Contact
Tim Hydari
Senior Executive, Branding & Investor Communications
Rasmala Investment Bank Limited
media@rasmala.com
+971 4 424 2700
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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.
Press Release
TaqFlow Emerges to Overhaul Central Asian Cross-Border Payments
Dubai, UAE, August 1st, 2026, FinanceWire
Fintech Pioneer Fuses Blockchain and Dedicated Content Delivery Network to Replace Broken 48-Hour Legacy Banking Rails with Instant, Ultra-Low-Fee Transactions
TaqFlow, a next-generation cross-border payment platform engineered specifically for Central Asian corridors, announced its official emergence from stealth mode and the public launch of pre-orders for its high-speed financial network. The platform solves the region’s most critical commercial pain points: slow settlement times, high transaction fees, and crippling currency volatility.
Unlike traditional financial institutions, the team behind TaqFlow is comprised entirely of digital nomads who have spent years traveling, living, and operating businesses across different countries. Having managed international operations on the move, the founders intimately understand the severe friction, predatory fees, and operational bottlenecks tied to cross-border capital movement.
“The spark for TaqFlow happened on a beach in Bali, of all places,” said co-founder Giorgi Beridze. “I was speaking with one of my eventual co-founders, who was venting about the sheer frustration of moving money between Georgia and Kazakhstan. The transaction took over two days to clear. In that short window, currency fluctuations ate away at the capital, costing him the equivalent of several hundred euros. It was a lightbulb moment for both of us. As nomads, we knew this pain intimately. We realized that the existing cross-border rails in Central Asia were fundamentally broken—exposed to systemic delays, unpredictable volatility, and unnecessary costs.”
TaqFlow eliminates these systemic bottlenecks by introducing a proprietary, dual-layer architecture built entirely from scratch. The platform is harnessing the innate speed and cryptographic security of the blockchain, layering it beneath a custom-built, dedicated content delivery network (CDN). This physical infrastructure will bypass standard public internet latency, allowing TaqFlow to route, read, and settle B2B transactions in mere seconds at a fraction of standard banking fees.
The rapid velocity of the platform removes the financial limbo that historically stifled trade along the historic Silk Road corridors, which inspired the company’s name. A “Taq” was the historic domed archway where ancient global merchants gathered to exchange currency; TaqFlow has modernized this concept into a digital gateway.
“As a young startup, our greatest asset is that we aren’t saddled by legacy systems or yesterday’s way of thinking,” a co-founder continued. “Traditional institutions are trapped inside layers of obsolete technical debt. This blank slate allows us to build cleaner, operate with zero friction, and pass those massive cost savings directly to our customers. We are already looking at how we can incorporate AI natively into our infrastructure to push processing speeds even higher and completely transform the cross-border customer experience.”
The launch arrives at a pivotal moment. Institutional investors from Europe, the Americas, and the Gulf region are increasingly turning their attention toward Central Asia’s rapidly growing economic landscape. TaqFlow aims to act as the primary financial bedrock that enables this influx of global capital to reach local markets seamlessly.
“The Central Asian economy has been overlooked for far too long,” co-founder Logan Jenkins noted. “When we look back five years from now, our greatest legacy won’t just be the volume of capital we processed; it will be the community of small businesses and startups we lifted up. We want to be the foundation that helps young enterprises get off the ground, seamlessly scale across borders, protect their hard-earned margins, and grow at velocities they never thought possible.”
TaqFlow is now accepting pre-orders from businesses and corporate partners across authorized Central Asian corridors. Enterprises looking to optimize their cross-border liquidity and eliminate transaction delays can learn more or request platform access by visiting TaqFlow’s launch page.
About TaqFlow
TaqFlow is a modern cross-border payment platform dedicated to unlocking the economic potential of Central Asia. Founded by a team of global digital nomads and fintech innovators, TaqFlow bridges ancient regional trading heritage with modern decentralized technology. By fusing blockchain tech with an ultra-low-latency dedicated network, the platform provides businesses with a fast, secure, and highly automated digital gateway to move capital across borders seamlessly, stripping out the delays and predatory fees of legacy banking rails.
Contact
Marketing & Media Relations
Aditi Gupta
TaqFlow
sales@taqflow.io
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Press Release
D$AVAGE Releases New Hit Single “Chosen One”
“Chosen One” brings together Kevin Gates’ younger brothers, D$AVAGE and BWA Ron, for a record rooted in family, hustle and legacy. With BWA Ron behind the production and D$AVAGE delivering raw street testimony, the two combine their talents to show their own worth while building on the foundation already established before them. The record represents chemistry, ambition and the next chapter of the BWA family – not just carrying the name, but proving what the younger brothers bring to it.
Check out “Chosen One” out now on all platforms and make sure you follow D$AVAGE on social media for his latest releases.
Connect:
Instagram – @svglife100
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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.
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