Latest news with #TCC
Toronto Star
19 minutes ago
- Business
- Toronto Star
GalaChain, Through a Monumental Partnership with Shrapnel, Collaborates and Secures Access to China's Trusted Copyright Chain
SAN FRANCISCO and BEIJING, July 30, 2025 (GLOBE NEWSWIRE) — Gala today announced GalaChain's position as the first foreign blockchain to collaborate with China's Trusted Copyright Chain (TCC), a breakthrough that gives roughly 600 million gamers a cross-border path to NFTs in the world's largest gaming market. Development of the cross-border bridge starts immediately, with full public launch targeted in Q1 2026. 'We are delighted to announce that Shrapnel has signed a cooperation agreement with Gala Games, a globally leading blockchain platform focused on the gaming sector, to establish a strategic partnership. Together, they will jointly invest in developing a large-scale FPS game targeting over 600 million Chinese gamers. This signing formally marks the beginning of a collaboration between the Gala Games Blockchain Platform and the Trusted Copyright Chain. This initiative will bridge the two major digital ecosystems, providing trusted digital infrastructure and professional services for the authentication, distribution, trading, and protection of digital assets in the global gaming industry,' said Xuan Hongliang, Director, National Operation Center of the Trusted Copyright Chain (TCC).
Business Insider
20 minutes ago
- Business
- Business Insider
GalaChain, Through Landmark Shrapnel Partnership, Secures Access to China's Trusted Copyright Chain
600 M-Gamer On-Ramp: GalaChain Secures TCC Access, Expands Gala Utility, and Welcomes Shrapnel Gala today announced GalaChain's position as the first foreign blockchain to collaborate with China's Trusted Copyright Chain (TCC), a breakthrough that gives roughly 600 million gamers a cross-border path to NFTs in the world's largest gaming market. Development of the cross-border bridge starts immediately, with full public launch targeted in Q1 2026. 'We are delighted to announce that Shrapnel has signed a cooperation agreement with Gala Games, a globally leading blockchain platform focused on the gaming sector, to establish a strategic partnership. Together, they will jointly invest in developing a large-scale FPS game targeting over 600 million Chinese gamers. This signing formally marks the beginning of a collaboration between the Gala Games Blockchain Platform and the Trusted Copyright Chain. This initiative will bridge the two major digital ecosystems, providing trusted digital infrastructure and professional services for the authentication, distribution, trading, and protection of digital assets in the global gaming industry,' said Xuan Hongliang, Director, National Operation Center of the Trusted Copyright Chain (TCC). Key Highlights Regulatory first: The bridge will be compliant with Chinese laws and regulations, including registration of NFTs inside China, unlocking a compliant path to ≈ 600 million gamers. Economic flywheel: Shrapnel assets moving between China and the rest of the world consume $GALA, with an on-chain dashboard to display usage. Shrapnel may use up to 10 percent of China's revenue for periodic $SHRAP repurchases on GalaChain to support ecosystem health, subject to market and regulatory conditions. Scaling GalaChain: Shrapnel network fees are powered by $GALA, materially expanding GalaChain ecosystem activity. Influencer alignment: Built-in invitation links (邀请链接) and invitation NFTs (邀请凭证) let Chinese content creators verify every wallet activation, badge claim, or play-test entry they facilitate. Each qualifying action consumes GALA, updates a public on-chain counter, and lets contributors pick up rewards. Developer momentum: AAA extraction shooter Shrapnel is migrating its entire economy from Avalanche to GalaChain. By moving its economy to GalaChain, Shrapnel gains faster finality, gas-efficient infrastructure with instant China compliance. Community participation: Community participation: A free commemorative Bridge Badge NFT will be dropped to all Gala wallets and Neon players, and a 72-hour public claim window welcomes newcomers. The badge guarantees first-wave Shrapnel play-test slots and becomes the first NFT mirrored on TCC. Executive Quotes Eric Schiermeyer, Founder & CEO, Gala Games 'We are honored to connect GalaChain to the Trusted Copyright Chain through our partnership with Shrapnel. Every cross‐chain transfer will consume GALA, reinforcing the network for players on both sides of the Pacific. Thanks to Shrapnel, we can now serve China's vast gaming community through a platform built for performance and regulatory readiness.' Ken Rossman, CEO, Neon Machine ' Through our groundbreaking partnership with GalaChain and the China Trusted Copyright Chain, we're empowering hundreds of millions of players in China and beyond with true ownership of their in-game assets. This collaboration unlocks player-driven economies that are regulated and compliant, ensuring seamless cross-market access. Shrapnel players around the world can now own, trade, and monetize their gear, creating a unified, transparent, and innovative gaming ecosystem without borders.' Resources & Press Kit: About GalaChain GalaChain is Gala's high-throughput Layer 1, purpose-built for entertainment, gaming, and DeFi. Secured by a global node network with 1 $GALA gas fees, the chain powers Gala's portfolio of AAA games, music drops, film premieres, DeFi apps, and other projects while offering developers turnkey APIs for wallets, royalties, and bridging, now including the new link to China's Trusted Copyright Chain. For more information, users can visit or follow Gala on X, Telegram, or Discord. About the Trusted Copyright Chain (TCC) The Trusted Copyright Chain is China's national blockchain for registering and trading licensed digital assets. Operated under the National Press and Publication Administration, TCC timestamps copyrights, enforces royalty splits, and settles transactions in renminbi, giving rights-holders a compliant pathway to reach China's 600-million-player market with digital asset ownership. About Neon Machine Neon Machine is an independent game studio behind Shrapnel, the first moddable premium shooter. Powered by GalaChain, Shrapnel pairs blockbuster visuals with true, on‐chain ownership of player‐generated gear and maps—delivering an open, creator‐driven economy. Source iResearch '2024 China Gaming Market Report' DISCLAIMER: The purchase or sale of any token or digital asset involves risk. The information in this press release is provided for informational purposes only, and we urge you to read this material carefully and ask us any follow-up questions that you may have before joining the GalaChain platform. You should also consult with your legal, accounting, or tax advisors regarding any applicable laws, rules, or regulations that might govern your purchase of the digital assets discussed in this press release or your participation in the GalaChain platform, and regarding the tax or other financial implications of any purchase or sale. By your purchase or sale of any digital assets or tokens offered by GalaChain, you agree to assume the risks of such participation, and GalaChain disclaims any liability thereof. Digital assets are unregulated in many jurisdictions and may be subject to price volatility. You should conduct your own due diligence. Nothing in this release constitutes financial advice or an offer to sell in any jurisdiction where such activity is prohibited. Contact Gala
Associated Press
7 days ago
- Business
- Associated Press
Rafe Furst Returns to The Crypto Company as Chief Strategy Officer, Backing Vision With Bitcoin Investment Into The Company
MALIBU, CA - July 23, 2025 ( NEWMEDIAWIRE ) - The Crypto Company (OTCID: CRCW), a publicly traded blockchain and crypto-focused company, is proud to announce that Rafe Furst, one of the Company's original founders, has rejoined the Company as Chief Strategy Officer. In addition to taking on this key leadership role, Furst (through a related entity) is investing Bitcoin into the Company. Beginning with a master's degree in Artificial Intelligence from Stanford University in 1992, Rafe pivoted from research into the Silicon Valley startup world, eventually founding four innovative companies in Web 1.0 and Web 2.0 before venturing into Web3 with The Crypto Company. Rafe brings decades of experience at the intersection of emerging technology, systems design, and strategic venture building. His return signals a renewed focus on long-term innovation and growth for TCC. 'Having Rafe back is more than symbolic - it's catalytic,' said Ron Levy, CEO of The Crypto Company. 'He brings a rare mix of technical fluency, entrepreneurial track record, and deep crypto-native insight. His personal investment underscores his conviction that TCC is uniquely positioned in the next wave of blockchain and crypto adoption.' Furst is also known for his work in early-stage venture capital and has been an early investor in dozens of companies, helped pioneer equity crowdfunding, and authored influential essays on decision theory and decentralized systems. Furst was the initial seed capital investor in one of the largest online poker sites in the world. Furst has also recently published a #1 Amazon Bestseller, The Future of Venture Capital (foreword by Tim Draper). He is also a World Series of Poker Champion - an achievement that mirrors his disciplined, probabilistic approach to business strategy. In his new role, Furst will define and lead the implementation of the Company's crypto treasury strategy. 'Returning to The Crypto Company feels like picking up a conversation that never ended,' said Furst. 'I believe we're approaching a convergence point - where blockchain, crypto, and AI will redefine how capital and value are formed and allocated globally, not just in the private markets but in the public markets as well. I'm excited to help TCC become a bridge between these two worlds.' Furst's investment of Bitcoin into The Crypto Company echoes his original investment of Bitcoin into the Company at its formation in 2017. 'It feels like I've come full circle, with renewed energy and excitement about the crypto industry and TCC's rightful place in it,' said Furst, reflecting growing internal confidence in TCC's roadmap and mission-driven approach to building in the blockchain space. About The Crypto Company The Crypto Company (TCC) brings together sophisticated operating entities, Web3 assets, education and training under one roof. TCC was one of the first public companies (2017) to implement a crypto treasury strategy. As a leader in Web3 solutions, TCC creates synergies between traditional finance and the decentralized economy. Contact information: The Crypto Company Phone 424-228-9955 Email: [email protected] View the original release on
Business Wire
09-07-2025
- Automotive
- Business Wire
Vehlo Deepens Dealership Capabilities with Acquisition of Total Customer Connect
KNOXVILLE, Tenn.--(BUSINESS WIRE)-- Vehlo, a leading provider of integrated software and financial solutions for the automotive repair industry, today announced its acquisition of Total Customer Connect (TCC), a recognized leader in customer retention and service lane technology for automotive dealerships. By uniting the strengths of Vehlo and TCC, this acquisition delivers enhanced capabilities for dealership operations, providing a more unified and intelligent customer engagement experience. The acquisition enhances Vehlo's commitment to optimizing dealership service lanes, adding TCC's service lane software solutions, advanced marketing & CRM, and retention tools into Vehlo's expanding suite of dealership solutions. TCC's platform empowers dealerships with features such as automated service reminders, digital multipoint inspection (MPI) presentations, declined service capture, personalized marketing campaigns, and robust analytics designed to drive revenue, improve retention, and elevate customer experience. "At Vehlo, we're focused on helping service teams operate efficiently while fostering lasting customer relationships," stated Josh Weis, CEO of Vehlo. "TCC has developed cutting-edge solutions that enable dealerships to better engage with their customers throughout the service lifecycle. We're excited to welcome TCC to the Vehlo team, as their technology perfectly complements our existing ecosystem." By uniting the strengths of Vehlo and TCC, this acquisition delivers enhanced capabilities for dealership operations, providing a more unified and intelligent customer engagement experience. The partnership aligns with Vehlo's strategic vision of delivering end-to-end workflow solutions tailored to the automotive retail and service markets, with half of all franchise dealers now relying on Vehlo-driven products to power their operations. 'Joining forces with Vehlo marks a significant milestone for TCC,' said Shawn Rajabi, CEO of Total Customer Connect. 'Together, we'll bring unparalleled value to dealerships by combining TCC's service lane software suite and marketing solutions with Vehlo's comprehensive suite of service lane and payment solutions to drive incremental revenue for our customers. This collaboration allows us to drive stronger results for our customers and expand our market influence.' With this acquisition, TCC will retain its dealer-focused approach while leveraging Vehlo's extensive network, resources, and complementary technologies. Dealers can look forward to accelerated innovation, seamless integration across platforms, and increased support for boosting fixed operations profitability. Presidio Technology Partners acted as the exclusive financial advisor to TCC in this transaction. About Vehlo Vehlo delivers integrated software and financial solutions to empower success in the vehicle service industry. From dealership service lanes to independent repair shops, Vehlo supports over 30,000 customers globally, processing more than $10 billion in annual payments. Focused on enabling efficiency, revenue growth, and superior customer experiences, Vehlo is reshaping the way automotive repair businesses operate and thrive. For more information, visit About Total Customer Connect (TCC) Total Customer Connect provides powerful customer retention and service marketing solutions specifically designed for automotive dealerships. With advanced platforms for automating service communications, capturing declined services, and personalizing customer engagement, TCC helps dealerships boost revenue and improve loyalty while ensuring a premium service experience. Learn more at
CBC
08-07-2025
- Business
- CBC
Future of Tamil Community Centre could be in jeopardy unless fundraising goal met: organizers
Social Sharing Members of Toronto's Tamil community have been working hard the last few years to fundraise for the construction of a new community centre, but those behind the project say it may be in jeopardy unless significant funding is raised by the fall. The Tamil Community Centre (TCC) — to be constructed in Scarborough — is set to include a library, museum, auditorium, recreational spaces and spots to facilitate community programming. But that vision hinges on enough financial commitment, says Kubes Navaratnam, a member of the board of directors for the TCC. "There is an urgency," said Navaratnam. "The federal funding, provincial funding and even the city land is conditional on the fact that the community is going to come together and help build this public facility for us." In 2020, Toronto city council voted unanimously in support of 311 Staines Rd. as the home for the TCC. A land lease was finalized between the city and TCC in 2021 with annual rent of $1 plus HST. The federal and provincial government announced more than $26 million in funding. The remaining cost, approximately $40 million, is in the hands of the Tamil community. The non-profit TCC has launched an online campaign to raise $15 million by Sept. 27, which is the date of its annual general meeting, to keep the project on track. The Founding Families Campaign is searching for 2,500 families to step up and commit to donating $5,000 dollars over the next two years. "If they do, they get their name engraved in the wall," Navaratnam explained, adding the centre is also accepting donations of any amount. If it can't raise the funds, the board fears it will have to potentially delay, scale down or cancel the centre altogether. Keerthana Rang, chair of the board of directors for the TCC, says the project is an opportunity to build something that will preserve Tamil culture, heritage and language, but also serve the greater community. "It's also an area in Scarborough that is under-served, where there's not enough community spaces," she said. "So not only will it be great for the community here, but it's going to be an amazing centre for all the communities in Morningside Heights." Future centre to house community programming Once it's built — the non-profit centre will also provide an inclusive space where local organizations can offer programming. The Centre for Leadership and Innovation — which offers programming for youth — will be one of them. It facilitates workshops and events that help promote leadership and innovation among Tamil Canadians and other multicultural communities. "All of these programs, right now, we are [hosting them] at separate places," said Chen Muthukumaraswamy, who is on the board of directors for the organization. "But having a Tamil Community Centre, it would be awesome for us to host some of these events there and have a central spot where everyone can come in and mingle together," he said. If the TCC stays on track with its fundraising goals, it plans to get shovels in the ground in the spring and host a grand opening party in 2028.
