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Press Release

KOLO Launches Next-Generation Digital Wallet with Worldwide Debit Card, Bridging Digital Assets and Everyday Spending

Published

5 minutes ago

May 28, 2025

Cloud PR Wire

Astana City, Kazakhstan, [May 28th, 2025] — KOLO, a leading web3 project, has officially launched its innovative digital wallet with a worldwide debit card. This will enable users to spend their digital assets at millions of merchants worldwide that accept Mastercard and Visa. The KOLO wallet provides security, convenience, and transparency. It aims to simplify crypto integration into daily life.

Kolo began its journey as a Telegram mini-app, with two clear goals: to make crypto payments fun and intuitive, and to deliver the first fully-featured financial app seamlessly integrated into users’ everyday messaging experience.

It also on the way to combine both custodial and non-custodial wallet options. This approach aligns with the growing PayFi trend, offering on-ramp and off-ramp capabilities. Additionally, it will provide AI-powered trading routes for optimal exchange rates.

A Vision for the Future of Decentralization and PayFi Trend

Pavel Luchkovskyi, the CEO of KOLO, explained the reason for creating the platform:

“I came into the crypto space with a dream to put digital assets into every pocket. At KOLO, we are here to remove boundaries between the banking world and digital assets, providing a worldwide debit card that can be funded with crypto or local currency like USD or EUR—a simple way to purchase, sell crypto, and earn yield in DeFi.”

KOLO is pushing against any geographical restrictions and expanding globally. According to the CEO, the goal is to ensure digital finance has real-world applications.

“The KOLO card bridges the gap between digital finance and real-world use, making spending crypto as simple as swiping a card,” Pavel added.

Besides consumer usage, KOLO also provides its services to B2B clients globally. For business, they can integrate crypto payments, crypto payrolls, and corporate cards with the help of the KOLO financial infrastructure.

Key Features of the KOLO Wallet and Card

Pay with Crypto Anywhere: At KOLO, there is multi-platform availability, as users can pay with crypto via the Telegram mini app, Google and Apple Pay, and the web. Instantly pay at millions of stores and online services.

AI-Powered Crypto Exchange: Get the best rates on crypto swaps with AI-driven optimization.

Fiat On-Ramp & Off-Ramp: Easily buy and sell crypto using local currencies.

Hybrid Wallet Flexibility: Choose between custodial or self-custodial wallets to control digital assets completely.

Seamless Crypto Conversion: Convert BTC, ETH, USDT, TRX, ARB, LTC, DOGE, PEPE, and more to fiat currency instantly.

Ultimate Security: 2FA and biometric authentication within all platforms ensure top-tier protection.

9 Million Users & Growing: Over 9 million crypto users are already part of KOLO’s ecosystem.

Join the Crypto Revolution With KOLO

The KOLO wallet and card are increasing crypto adoption, which makes it easier to spend cryptocurrency. The project’s roadmap for the future is already outlined, with numerous launches and expansions worldwide.

Within Q2 of 2025, KOLO integrated personal IBAN, SWIFT, and bank transfers into their services. It will also shift its services to Europe, Asia, and Africa in a wallet and card service expansion by Q3 2025. By quarter 4, the full version of their Android and iOS apps will be launched. Additionally, KOLO will introduce non-custodial wallet support and AI crypto trading features within Q4 2025.

About KOLO

KOLO was founded in 2022 under the ownership of Hardline Holdings Limited, a private limited company. The KOLO team consists of 100+ people with more than 10 years of experience within the fintech sector.

KOLO is a hybrid crypto wallet that offers asset storage, DeFi management, and card services for personal users and businesses. It operates worldwide and plans to expand to Africa, Europe, and Asia. KOLO also offers an exchange, custody solution, and swift crypto processing for businesses.

Website | X | Telegram

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Press Release

Jessica Contreras Aims to Spark Tucson’s AI Revolution

Published

2 hours ago

May 28, 2025

Cloud PR Wire

Tucson, Arizona, 28th May 2025, ZEX PR WIRE, QUICK LOOK: Tucson native Jessica Contreras is turning her hometown into the next AI hotspot by teaming up with the University of Arizona through Vanport Technologies—blending academic brainpower and real-world data to tackle flood mapping and ignite a regional tech revolution.

Jessica CEO of Vanport Tech

Jessica Contreras, a proud Tucson native, is on a mission to put her hometown on the map as a rising hub for artificial intelligence innovation. Through her newly launched venture, Vanport Technologies, Contreras is combining cutting-edge AI with the academic strength of the University of Arizona to create smarter, more effective AI solutions — starting with floodplain mapping.

Contreras’ vision goes beyond improving environmental prediction models. By partnering with the University of Arizona, she hopes to plant the seeds of a thriving technology ecosystem in Tucson — one that mirrors the innovation and economic growth seen in Silicon Valley. Her plan is simple yet powerful: leverage the expertise of faculty and researchers while tapping into the fresh, bright minds of the university’s student body to develop AI solutions that address real-world challenges.

“AI is evolving fast, but the key to making it smarter and more impactful lies in blending academic research with practical experience,” Contreras explains. “By working with the University of Arizona, we’re creating AI that doesn’t just calculate — it learns from experts and adapts to real-world conditions.”

Vanport Technologies’ first major project — improving floodplain mapping — showcases this innovative approach. By integrating scientific data with AI systems that draw on the University of Arizona research, the company’s models go beyond standard rainfall-based predictions. Instead, they analyze factors like soil absorption, erosion, and infrastructure vulnerabilities to offer more precise, actionable insights that can help protect Tucson’s communities from flooding risks.

But Contreras’ ambitions extend much further. She envisions Tucson evolving into a hotbed of AI innovation, where students, researchers, and industry leaders collaborate to develop world-changing solutions. “If we can cultivate an ecosystem where AI taps directly into higher education’s wealth of knowledge, Tucson can become a true leader in AI development,” she says.

With her roots firmly planted in Tucson, Contreras’ venture is as much about giving back to her community as it is about technological progress. By creating opportunities for students and collaborating with academic leaders, Vanport Technologies is pioneering a new model for AI development — one that blends learning, technology, and practical experience to build a smarter, safer, and more innovative future for all.

Website: https://vanporttech.com

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https://opengamefoundation.org

Press Release

CROSS Sets New Benchmark with Transparent and Fair Token Launch

Published

2 hours ago

May 28, 2025

Cloud PR Wire

CROSS Public Sale Concludes – A Bold Experiment in Tokenomics Democracy
Opengame Foundation Completes Public Sale of CROSS Token, Burns Unsold Supply to Ensure Transparency and Value Stability

Zug, Switzerland, 28th May 2025 — Opengame Foundation (OGF), the non-profit organization behind the open blockchain gaming platform CROSS, has officially concluded its public token sale for the CROSS utility token.

The public sale, which ran for one week starting May 15, drew attention across the Web3 industry for its unique commitment to fairness and transparency. Tokens were offered at a fixed price of $0.10, the same as in the private sale, ensuring that all participants—whether early backers or new supporters—had access under identical conditions.

In total, 96 million CROSS tokens, representing 9.6% of the platform’s total supply of 1 billion, were made available during the public sale on a first-come, first-served basis. Approximately 92% of the allocation was sold by the end of the sale period. The remaining unsold tokens will be permanently burned—a move designed to reinforce both the integrity of the token’s value and the foundation’s long-term commitment to transparency.

Henry Chang, CEO of NEXUS and key contributor to the CROSS ecosystem, described the initiative as “an unprecedented experiment.” In a post on X (formerly Twitter), he wrote:

“Another dot, placed. We’ve now completed an unprecedented experiment—offering the same price to private and public investors, including the founder and team ourselves. I appreciate the support and investment from all who believed in us.

Time will reveal how this unfolds. As we head toward the next milestone, TGE, we’ll keep doing what we’ve always done: Build—so that one day, we can connect the dots backward.”

The Opengame Foundation plans to distribute CROSS tokens to public sale participants in accordance with the TGE timeline. Together with NEXUS, it will accelerate the growth of the CROSS ecosystem, bringing more developers and players into the open blockchain gaming space.

About Opengame Foundation

Opengame Foundation (OGF) is a non-profit organization committed to building an open and inclusive blockchain gaming ecosystem. As the steward of the CROSS Protocol, OGF aims to empower both developers and players by providing transparent infrastructure, fair tokenomics, and interoperable tools that support the next generation of Web3 games. With a focus on long-term sustainability, openness, and community participation, the foundation works to democratize access to digital assets and reshape how value is created and shared in the gaming world.

https://to.nexus

Media Contact

Organization: Opengame Foundation

Contact Person: Doyi Kim

Website: https://opengamefoundation.org

Email: Send Email

Country:Switzerland

Release id:28357

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