Latest news with #Nova
Perth Now
a day ago
- Entertainment
- Perth Now
Where's Tony Galati? Spud king kicks of WA Day celebrations
A gaggle of Galati's at Nova's Tony Galati party. Picture: Matt Jelonek / The West Australian The WA Day long weekend kicked off with a rooftop party in the Perth CBD celebrating the one and only spud king Tony Galati. Nova 93.7 winners gathered on the Stories rooftop, all dressed as the man, the myth, the mullet himself and of course, didn't forget the bushy eyebrows. Hosted by Nathan, Nat & Shaun, the night was packed with laughs, legendary looks, and plenty of potatoes. From fake brows to flannel shirts, the costume effort was next level – and the photo booth? Pure gold. Shoutout to Chantell Tracey from Caversham, who walked away $5000 richer (and possibly with a new appreciation for denim). The Spudshed team bought the Galati magic for an unforgettable night of fun, fries, and WA pride.
Business Upturn
a day ago
- Business
- Business Upturn
Nova Minerals Outlines Estelle 15,000m Exploration and Project Advancement Plan
Anchorage Alaska, May 30, 2025 (GLOBE NEWSWIRE) — Nova Minerals Limited ('Nova' or the 'Company') (NASDAQ: NVA) (ASX: NVA) (FRA: QM3) ) is pleased to announce that preparations are now well underway for the upcoming field season at its over 500km2 flagship Estelle Project located in the Tintina Gold Belt in Alaska. A 15,000m drill program is set to commence shortly which will focus on key targets at RPM, Stibium, and Korbel. Highlights Helicopters, pad building crews, drillers, and geologists are now onsite to commence preparations for the 2025 field program, with drilling expected to commence in the coming weeks (Figures 1 and 2). The 2025 field campaign will concentrate on infill and expansion drilling at RPM and Korbel, supporting the advancement of feasibility studies and streamlining the permitting process (Figure 3, 4, 5 and 8). Initial drilling will also commence at the Stibium prospect, where surface sampling programs have identified an extensive 800m long by 400m wide gold-antimony rich zone with results up to 141 g/t Au and 60.5% Sb (ASX Announcement: 14 January 2025), aiming to establish a maiden mineral resource estimate for both gold and antimony (Figures 6 and 7). A comprehensive multi-element surface sampling exploration program will be carried out across the broader Estelle project area (Figure 9). Nova's application for potential U.S. Department of Defense funding—aimed at accelerating the establishment of a mineral resource estimate, as well as processing, refining, and eventual antimony production at Estelle—continues to advance. Pending a successful outcome of its funding application, the Company intends to deploy additional diamond drill rigs to expand the 2025 drilling program. This would allow for extended drilling at the Stibium prospect and the potential commencement of initial drill testing at the highly prospective Styx target. A majority of the drilling undertaken this year will be assayed for gold, antimony, and a suite of multi-elements, with results to be released to the market progressively as laboratory assays are received. Nova CEO, Mr Christopher Gerteisen commented: 'We are excited to commence the 2025 field season with a 15,000-metre drilling program aimed at unlocking further value across our Estelle Project. This campaign will focus on advancing the RPM and Korbel gold deposits toward feasibility and permitting, while also initiating a maiden resource at the Stibium prospect for both gold and antimony. With both metals trading near historic highs, the strategic significance and potential economic return of these near-surface assets underscore Nova's strong growth trajectory and long-term value proposition.' 2025 Field Program Preparations Preparations are now well underway for the upcoming field season at Nova's Estelle Project in Alaska. The Whiskey Bravo airstrip has been cleared, and over the past few weeks, fuel and supplies have been flown in, with deliveries still ongoing. Generators are up and running, the camp has been de-winterized, and pad construction and support crews, along with the geology team, have begun arriving on site. The first helicopter arrived this week, and initial drill teams have been mobilized, with more expected in the coming weeks. They will be preparing 2 diamond drill rigs and the company-owned reverse circulation (RC) rig, with drilling anticipated to begin, weather permitting, in the coming weeks. Over the winter, the RC rig was also fitted with a new compressor, to enable deeper drilling up to 100 meters. With both gold and antimony prices near all-time highs, Nova is set to significantly ramp up its operations this season. Up to 40 people will be housed at our fully operational camp, which will serve as the central hub for drill teams, providing logistical support and ensuring all necessary resources are in place for the season ahead. Figure 1. Camp and pad building crew on site Figure 2. Preparations for the 2025 field season are well underway 2025 Program Plans To ensure cost efficiency, the 2025 drilling campaign will utilize two diamond drill rigs alongside the Company-owned reverse circulation (RC) rig. The program is scheduled to run for a minimum of three months during the Alaskan summer, taking advantage of near 24-hour daylight to enable continuous, round-the-clock drilling on a rotational basis, seven days a week. While the 2025 program is primarily focused at RPM, Korbel, and Stibium, the drilling strategy remains dynamic and will be continuously evaluated. Adjustments will be made as needed based on initial drill core observations as the campaign advances, and additional diamond drill rigs will be added if the Company is successful in its application for U.S. Department of Defense funding to fast track its antimony assets. A majority of the drilling undertaken this year will be assayed for gold, antimony, and a suite of multi-elements, with results to be released to the market progressively as laboratory assays are received. Figure 3. Map of the Estelle project property showing the areas targeted for drilling in 2025 RPM Approximately 10,000m of drilling is planned at RPM, with four primary objectives: 1. Further definition of the RPM Deposit (Figure 4). a. Test strike extensions to the east to test below a heavily fractured zone (160m @ 0.6 g/t Au) from hole RPM-004 (ASX Announcement: 18 October 2021). This interval was hosted in hornfels and drilling plans to intercept the hornfels/intrusive contact as intrusive was observed below in RPM-003. The hornfels/intrusive contact hosts a bulk of the high-grade mineralization encountered at RPM, and testing this eastern extent will follow an observed fault zone that appears to be the primary pathway for late-stage mineralization at RPM. b. Upgrade the measured and indicated resources at the main RPM deposit and test intrusive dikes to the south. c. Continue to expand the RPM resource in the valley to the west, by targeting the hornfels/intrusive contact. 2. Exploration drilling to the north of the current RPM North deposit targeting geochemical anomalies along the ridge line (Figure 5). 3. Reverse-circulation (RC) drilling in the RPM glacial debris lobe area, where surface sampling in 2024 identified rock samples up to 52.3 g/t Au and till samples averaging 1.1 g/t Au over a 1.7 km strike length (ASX Announcement: 3 February 2025 and Figure 5). 4. Hydrology wells to improve knowledge of surface and groundwater hydrology around the deposit, and to expand environmental baseline surveying to advance feasibility studies while also positioning the project for future permitting. Figure 4. 2025 drill target areas at/near the RPM deposit Figure 5. 2025 exploration drill targets outside the main RPM deposit zone Stibium Approximately 3,000m of drilling is planned at the Stibium prospect, targeting the establishment of a maiden mineral resource estimate for both gold and antimony (Figures 6 and 7). Surface sampling has defined a substantial mineralised zone, approximately 800m long and 400m wide, with high-impact results including (ASX Announcement: 14 January 2025): 12 rock samples > 30% Sb with a high of 60.5% Sb 10 soil samples > 0.1% Sb with a high of 2.8% Sb 16 rock samples > 5 g/t Au with a high of 141 g/t Au 35 soil samples > 1 g/t Au with a high of 25.6 g/t Au This target will be expanded to include further diamond drill rigs if the Company is successful in its application for U.S. Department of Defense funding to fast track its antimony assets. Figure 6. Antimony soils heat map with rock samples highlighting resource drill targets Figure 7. Gold soils heat map with rock samples highlighting resource drill targets Korbel Approximately 2,000m of drilling is planned at Korbel, where Nova has already defined a multi-million-ounce, bulk-tonnage gold resource. This campaign will primarily focus on evaluating a potential higher-grade starter pit at Korbel Main, with the flexibility to extend the drilling to additional high-priority targets across the broader valley. Figure 8. Map of the Korbel Valley area showing potential 2025 drill targets Surface Exploration Sampling and Mapping Program An extensive regional surface exploration program will run in parallel with drilling, with field teams conducting geological mapping, geochemical sampling, and target delineation across the broader Estelle Project area. This work will specifically focus on identifying and advancing new high-priority prospects to support future resource growth. High-priority areas will include adding coverage north of Korbel, increasing sample density between Portage Pass and Tomahawk, and follow-up mapping and sampling at West Wing, Styx, and the greater Train area (Figure 9). Korbel, West Wing, and Styx all offer a good opportunity to discover increased mineralization near the intrusive/hornfels (Kahiltna Flysch) contacts. In addition, infill sampling will be conducted at RPM and Styx. Figure 9. Map of the Estelle project highlighting areas for surface sampling work in 2025 Feasibility Study Test-Work Alongside its ongoing exploration and drilling programs, Nova is making significant progress in its metallurgical, environmental, and process engineering test work. These efforts are advancing the current feasibility study and are aimed at streamlining the permitting process. Qualified Persons Vannu Khounphakdee, Professional Geologist and member of Australian Institute of Geoscientists contracted by Nova Minerals to provide geologic consulting services. Mr. Khounphakdee holds a Master of Science in Mine Geology and Engineering. He is a qualified person with at least 5 years' experience with this type of project. By reason of education, affiliation with a professional association, and past relevant work experience, Mr. Khounphakdee fulfills the requirements of Qualified Person (QP) for the purposes of SEC Regulation SK-1300 for data QA/QC checks relevant to this announcement. Hans Hoffman is a State of Alaska Certified Professional Geologist contracted by Nova Minerals to provide geologic consulting services. Mr. Hoffman is a member of the American Institute of Professional Geologists and holds a Bachelor of Science degree in Geological Engineering with a double major in Geology and Geophysics. He is a qualified person with at least 5 years of experience with these types of projects. By reason of education, affiliation with a professional association, and past relevant work experience, Mr. Hoffman fulfills the requirements of Qualified Person (QP) for the purposes of SEC Regulation SK-1300 for the technical information presented in this announcement. Christopher Gerteisen, Chief Executive Officer of Nova Minerals, is a Professional Geologist and member of Australian Institute of Geoscientists, and has supervised the preparation of this news release and has reviewed and approved the scientific and technical information contained herein. Mr. Gerteisen is a 'qualified person' for the purposes of SEC Regulation S-K 1300. About Nova Minerals Limited Nova Minerals Limited is a Gold, Antimony and Critical Minerals exploration and development company focused on advancing the Estelle Project, comprised of 514 km2 of State of Alaska mining claims, which contains multiple mining complexes across a 35 km long mineralized corridor of over 20 advanced Gold and Antimony prospects, including two already defined multi-million ounce resources, and several drill ready Antimony prospects with massive outcropping stibnite vein systems observed at surface. The 85% owned project is located 150 km northwest of Anchorage, Alaska, USA, in the prolific Tintina Gold Belt, a province which hosts a >220 million ounce (Moz) documented gold endowment and some of the world's largest gold mines and discoveries including, Barrick's Donlin Creek Gold Project and Kinross Gold Corporation's Fort Knox Gold Mine. The belt also hosts significant Antimony deposits and was a historical North American Antimony producer. Further discussion and analysis of the Estelle Project is available through the interactive Vrify 3D animations, presentations, and videos, all available on the Company's website. Forward Looking Statements This press release contains 'forward-looking statements' that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as 'anticipate,' 'believe,' 'contemplate,' 'could,' 'estimate,' 'expect,' 'intend,' 'seek,' 'may,' 'might,' 'plan,' 'potential,' 'predict,' 'project,' 'target,' 'aim,' 'should,' 'will' 'would,' or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Nova Minerals Limited's current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled 'Risk Factors' in the final prospectus related to the public offering filed with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Nova Minerals Limited undertakes no duty to update such information except as required under applicable law. For Additional Information Please Contact Craig Bentley Director of Finance & Compliance & Investor Relations E: [email protected] M: +61 414 714 196 Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Yahoo
a day ago
- Business
- Yahoo
Nova Minerals Outlines Estelle 15,000m Exploration and Project Advancement Plan
Anchorage Alaska, May 30, 2025 (GLOBE NEWSWIRE) -- Nova Minerals Limited ('Nova' or the 'Company') (NASDAQ: NVA) (ASX: NVA) (FRA: QM3) ) is pleased to announce that preparations are now well underway for the upcoming field season at its over 500km2 flagship Estelle Project located in the Tintina Gold Belt in Alaska. A 15,000m drill program is set to commence shortly which will focus on key targets at RPM, Stibium, and Korbel. Highlights Helicopters, pad building crews, drillers, and geologists are now onsite to commence preparations for the 2025 field program, with drilling expected to commence in the coming weeks (Figures 1 and 2). The 2025 field campaign will concentrate on infill and expansion drilling at RPM and Korbel, supporting the advancement of feasibility studies and streamlining the permitting process (Figure 3, 4, 5 and 8). Initial drilling will also commence at the Stibium prospect, where surface sampling programs have identified an extensive 800m long by 400m wide gold-antimony rich zone with results up to 141 g/t Au and 60.5% Sb (ASX Announcement: 14 January 2025), aiming to establish a maiden mineral resource estimate for both gold and antimony (Figures 6 and 7). A comprehensive multi-element surface sampling exploration program will be carried out across the broader Estelle project area (Figure 9). Nova's application for potential U.S. Department of Defense funding—aimed at accelerating the establishment of a mineral resource estimate, as well as processing, refining, and eventual antimony production at Estelle—continues to advance. Pending a successful outcome of its funding application, the Company intends to deploy additional diamond drill rigs to expand the 2025 drilling program. This would allow for extended drilling at the Stibium prospect and the potential commencement of initial drill testing at the highly prospective Styx target. A majority of the drilling undertaken this year will be assayed for gold, antimony, and a suite of multi-elements, with results to be released to the market progressively as laboratory assays are received. Nova CEO, Mr Christopher Gerteisen commented: 'We are excited to commence the 2025 field season with a 15,000-metre drilling program aimed at unlocking further value across our Estelle Project. This campaign will focus on advancing the RPM and Korbel gold deposits toward feasibility and permitting, while also initiating a maiden resource at the Stibium prospect for both gold and antimony. With both metals trading near historic highs, the strategic significance and potential economic return of these near-surface assets underscore Nova's strong growth trajectory and long-term value proposition.' 2025 Field Program Preparations Preparations are now well underway for the upcoming field season at Nova's Estelle Project in Alaska. The Whiskey Bravo airstrip has been cleared, and over the past few weeks, fuel and supplies have been flown in, with deliveries still ongoing. Generators are up and running, the camp has been de-winterized, and pad construction and support crews, along with the geology team, have begun arriving on site. The first helicopter arrived this week, and initial drill teams have been mobilized, with more expected in the coming weeks. They will be preparing 2 diamond drill rigs and the company-owned reverse circulation (RC) rig, with drilling anticipated to begin, weather permitting, in the coming weeks. Over the winter, the RC rig was also fitted with a new compressor, to enable deeper drilling up to 100 meters. With both gold and antimony prices near all-time highs, Nova is set to significantly ramp up its operations this season. Up to 40 people will be housed at our fully operational camp, which will serve as the central hub for drill teams, providing logistical support and ensuring all necessary resources are in place for the season 1. Camp and pad building crew on siteFigure 2. Preparations for the 2025 field season are well underway 2025 Program Plans To ensure cost efficiency, the 2025 drilling campaign will utilize two diamond drill rigs alongside the Company-owned reverse circulation (RC) rig. The program is scheduled to run for a minimum of three months during the Alaskan summer, taking advantage of near 24-hour daylight to enable continuous, round-the-clock drilling on a rotational basis, seven days a week. While the 2025 program is primarily focused at RPM, Korbel, and Stibium, the drilling strategy remains dynamic and will be continuously evaluated. Adjustments will be made as needed based on initial drill core observations as the campaign advances, and additional diamond drill rigs will be added if the Company is successful in its application for U.S. Department of Defense funding to fast track its antimony assets. A majority of the drilling undertaken this year will be assayed for gold, antimony, and a suite of multi-elements, with results to be released to the market progressively as laboratory assays are 3. Map of the Estelle project property showing the areas targeted for drilling in 2025 RPM Approximately 10,000m of drilling is planned at RPM, with four primary objectives: 1. Further definition of the RPM Deposit (Figure 4). a. Test strike extensions to the east to test below a heavily fractured zone (160m @ 0.6 g/t Au) from hole RPM-004 (ASX Announcement: 18 October 2021). This interval was hosted in hornfels and drilling plans to intercept the hornfels/intrusive contact as intrusive was observed below in RPM-003. The hornfels/intrusive contact hosts a bulk of the high-grade mineralization encountered at RPM, and testing this eastern extent will follow an observed fault zone that appears to be the primary pathway for late-stage mineralization at RPM. b. Upgrade the measured and indicated resources at the main RPM deposit and test intrusive dikes to the south. c. Continue to expand the RPM resource in the valley to the west, by targeting the hornfels/intrusive contact. 2. Exploration drilling to the north of the current RPM North deposit targeting geochemical anomalies along the ridge line (Figure 5). 3. Reverse-circulation (RC) drilling in the RPM glacial debris lobe area, where surface sampling in 2024 identified rock samples up to 52.3 g/t Au and till samples averaging 1.1 g/t Au over a 1.7 km strike length (ASX Announcement: 3 February 2025 and Figure 5). 4. Hydrology wells to improve knowledge of surface and groundwater hydrology around the deposit, and to expand environmental baseline surveying to advance feasibility studies while also positioning the project for future 4. 2025 drill target areas at/near the RPM depositFigure 5. 2025 exploration drill targets outside the main RPM deposit zone Stibium Approximately 3,000m of drilling is planned at the Stibium prospect, targeting the establishment of a maiden mineral resource estimate for both gold and antimony (Figures 6 and 7). Surface sampling has defined a substantial mineralised zone, approximately 800m long and 400m wide, with high-impact results including (ASX Announcement: 14 January 2025): 12 rock samples > 30% Sb with a high of 60.5% Sb 10 soil samples > 0.1% Sb with a high of 2.8% Sb 16 rock samples > 5 g/t Au with a high of 141 g/t Au 35 soil samples > 1 g/t Au with a high of 25.6 g/t Au This target will be expanded to include further diamond drill rigs if the Company is successful in its application for U.S. Department of Defense funding to fast track its antimony 6. Antimony soils heat map with rock samples highlighting resource drill targetsFigure 7. Gold soils heat map with rock samples highlighting resource drill targets Korbel Approximately 2,000m of drilling is planned at Korbel, where Nova has already defined a multi-million-ounce, bulk-tonnage gold resource. This campaign will primarily focus on evaluating a potential higher-grade starter pit at Korbel Main, with the flexibility to extend the drilling to additional high-priority targets across the broader 8. Map of the Korbel Valley area showing potential 2025 drill targets Surface Exploration Sampling and Mapping Program An extensive regional surface exploration program will run in parallel with drilling, with field teams conducting geological mapping, geochemical sampling, and target delineation across the broader Estelle Project area. This work will specifically focus on identifying and advancing new high-priority prospects to support future resource growth. High-priority areas will include adding coverage north of Korbel, increasing sample density between Portage Pass and Tomahawk, and follow-up mapping and sampling at West Wing, Styx, and the greater Train area (Figure 9). Korbel, West Wing, and Styx all offer a good opportunity to discover increased mineralization near the intrusive/hornfels (Kahiltna Flysch) contacts. In addition, infill sampling will be conducted at RPM and 9. Map of the Estelle project highlighting areas for surface sampling work in 2025 Feasibility Study Test-Work Alongside its ongoing exploration and drilling programs, Nova is making significant progress in its metallurgical, environmental, and process engineering test work. These efforts are advancing the current feasibility study and are aimed at streamlining the permitting process. Qualified Persons Vannu Khounphakdee, Professional Geologist and member of Australian Institute of Geoscientists contracted by Nova Minerals to provide geologic consulting services. Mr. Khounphakdee holds a Master of Science in Mine Geology and Engineering. He is a qualified person with at least 5 years' experience with this type of project. By reason of education, affiliation with a professional association, and past relevant work experience, Mr. Khounphakdee fulfills the requirements of Qualified Person (QP) for the purposes of SEC Regulation SK-1300 for data QA/QC checks relevant to this announcement. Hans Hoffman is a State of Alaska Certified Professional Geologist contracted by Nova Minerals to provide geologic consulting services. Mr. Hoffman is a member of the American Institute of Professional Geologists and holds a Bachelor of Science degree in Geological Engineering with a double major in Geology and Geophysics. He is a qualified person with at least 5 years of experience with these types of projects. By reason of education, affiliation with a professional association, and past relevant work experience, Mr. Hoffman fulfills the requirements of Qualified Person (QP) for the purposes of SEC Regulation SK-1300 for the technical information presented in this announcement. Christopher Gerteisen, Chief Executive Officer of Nova Minerals, is a Professional Geologist and member of Australian Institute of Geoscientists, and has supervised the preparation of this news release and has reviewed and approved the scientific and technical information contained herein. Mr. Gerteisen is a "qualified person" for the purposes of SEC Regulation S-K 1300. About Nova Minerals Limited Nova Minerals Limited is a Gold, Antimony and Critical Minerals exploration and development company focused on advancing the Estelle Project, comprised of 514 km2 of State of Alaska mining claims, which contains multiple mining complexes across a 35 km long mineralized corridor of over 20 advanced Gold and Antimony prospects, including two already defined multi-million ounce resources, and several drill ready Antimony prospects with massive outcropping stibnite vein systems observed at surface. The 85% owned project is located 150 km northwest of Anchorage, Alaska, USA, in the prolific Tintina Gold Belt, a province which hosts a >220 million ounce (Moz) documented gold endowment and some of the world's largest gold mines and discoveries including, Barrick's Donlin Creek Gold Project and Kinross Gold Corporation's Fort Knox Gold Mine. The belt also hosts significant Antimony deposits and was a historical North American Antimony producer. Further discussion and analysis of the Estelle Project is available through the interactive Vrify 3D animations, presentations, and videos, all available on the Company's website. Forward Looking Statements This press release contains 'forward-looking statements' that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as 'anticipate,' 'believe,' 'contemplate,' 'could,' 'estimate,' 'expect,' 'intend,' 'seek,' 'may,' 'might,' 'plan,' 'potential,' 'predict,' 'project,' 'target,' 'aim,' 'should,' "will' 'would,' or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Nova Minerals Limited's current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled 'Risk Factors' in the final prospectus related to the public offering filed with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Nova Minerals Limited undertakes no duty to update such information except as required under applicable law. For Additional Information Please Contact Craig Bentley Director of Finance & Compliance & Investor Relations E: craig@ M: +61 414 714 196Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
2 days ago
- Business
- CNBC
Amazon AI deal with New York Times brings the paper's content to Alexa
The New York Times on Thursday struck a deal with Amazon allowing it to use the storied news organization's content across its artificial intelligence platforms. The multi-year deal "will bring Times editorial content to a variety of Amazon customer experiences," the Times said in a release. The agreement also includes content from the newspaper's other properties like NYT Cooking and The Athletic. "This will include real-time display of summaries and short excerpts of Times content within Amazon products and services, such as Alexa, and training Amazon's proprietary foundation models," the Times said. Terms of the deal weren't disclosed. The Times sued Microsoft and OpenAI in 2023 for copyright infringement, accusing the companies of abusing the newspaper's intellectual property to train large language models. Both Microsoft and OpenAI sought unsuccessfully to have the case thrown out. Other news publications have joined the Times in suing Microsoft and OpenAI for copyright violations, including the New York Daily News and the Center for Investigative Reporting. A growing number of news outlets have opted to strike licensing deals with tech companies rather than pursue litigation. Amazon has launched a flurry of generative AI products over the past several months as it looks to keep up with ChatGPT maker OpenAI, Google and others. Amazon announced Alexa+, a new version of its decade-plus old voice assistant embedded with generative AI in February. Other products include its own set of Nova models, Trainium chips, a shopping chatbot, and a marketplace for third-party models called Bedrock.
Business Insider
2 days ago
- Business
- Business Insider
Meet the organizers building Nigeria's most ambitious Web3 event
Nova Phoenix and Rume Ophi are the visionaries behind Decentralized Nigeria, a new Web3 event connecting Africa to the global blockchain ecosystem. With ambitions to reshape regulation, access, and innovation in Africa, they want to make Nigeria the hub of Web3, but with even greater reach. Decentralized Nigeria is an initiative created by Nova Phoenix and Rume Ophi to promote Web3 adoption and innovation in Africa. The event aims to position Nigeria as a global leader in blockchain technology by addressing regulation, education, and infrastructure development. The founders perceive Web3 as a transformational opportunity to address local challenges with scalable blockchain-based solutions. It started with a LinkedIn message. Nova Phoenix, founder of the U.S.-based LyfebloodDAO, had just returned from blockchain conferences in Dubai and Singapore when he reached out to Nigerian Web3 advocate Rume Ophi. What began as a simple check-in quickly evolved into a powerful idea: why wait for someone else to organize a meaningful African Web3 event when they could create one together? The result is Decentralized Nigeria, a bold new gathering built to drive real adoption of blockchain technology in Africa, from regulation to infrastructure to education. The event aims to bridge global Web3 momentum with local grassroots innovation, positioning Nigeria not just as a participant in Web3's future but as a leader. These two individuals bring distinct yet complementary strengths. Nova, an entrepreneur with a strong philosophical approach to decentralization, views Web3 as a societal shift more than just a technological one. Rume, who created Cryptopreacher Blockchain Academy (CPBA), grounded in blockchain education and advocacy, brings a practical lens shaped by Nigeria's regulatory and infrastructural landscape. Together, they are designing an ecosystem where innovation, policy, and youth engagement converge. Nova and Rume credit the event's name to a collaborative back-and-forth. "I pitched 'DLT Conference," Rume recalls. "Nova countered with 'Decentralized Nigeria', and it just captured the spirit of what we're trying to build." With over 60% of Nigeria's population under the age of 30 and more than 200 million citizens, the country is brimming with potential. According to Nova, "There are 228 million Nigerians. Two or three companies can't carry the entire Web3 community." Their vision is to spark a decentralized movement rooted in local challenges and scalable solutions, from DAO-backed housing to youth-led education hubs. The event is also a call for deeper collaboration. Nova sees it as the spark for formal roundtables between the government and the private sector, enabling regulatory clarity and long-term policy alignment. He envisions a future where businesses are financed not just through banks, but through DeFi protocols and DAO proposals. "Through DAO initiatives, we can build alternative means of financing within Web3," he explains. "Businesses can be funded without having to go through traditional methods." Another major pillar of the event is education. Rume emphasizes that awareness is the first step: "Most people don't even know what the government is planning or how they can be part of it. We need regulatory clarity, but we also need collaboration. Education is our best tool." For Nova, Web3 is not just a new digital platform, it's a digital delta. "Think of Web3 as a flowing river. The people around it make use of its existence... It's available, accessible, and used by the people when they need it. Grand cities and civilizations developed around the flow of water. Web3 is the digital delta to drink from." Both founders are inspired by global success stories like the UAE, where Dubai's VARA and Abu Dhabi's ADGM provide blueprints for structured, long-term Web3 adoption. But Nova believes Nigeria can go even further. "I almost opened an office in Dubai. But Africa has 53 countries to collaborate with, so why keep to one place? They've already secured early partnerships with groups like Crypto Asset Buyers (CAB) and Techeconomy, with more announcements expected. But their larger goal is long-term impact: a pipeline of DAO-driven projects, a nationwide Web3 education network, and regulatory frameworks designed for inclusion. "This isn't just tech for techies. It's Web3 for everyone," says Rume. "We're designing Decentralized Nigeria to speak the language of youth, students, and creators, the people who will inherit this space." Nova paints a bold picture of what could come next: DAO-funded 3D-printed housing, decentralized energy grids, and pan-African high-speed transport systems, all rooted in Web3 governance. "Can you see it?" he asks. "Affordable housing, clean energy, borderless commerce, education without barriers. All right here in Nigeria… and to the rest of the continent."
