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Making Your VR World a Reality – Virtual Reality Park Launches ICO

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With a huge array of industry sectors embracing Virtual Reality (VR), the day to day applications for VR are becoming more and more widespread.

According to Goldman Sachs the capitalisation of the VR industry by 2021 alone will be worth some $300bn – what is needed however is a global platform to deliver VR its true potential.

Embracing the Global Connectivity of Virtual Reality

Ever wanted to visit a far-flung part of the world but don’t have the time or budget to do so? Well, now you can. Virtual Reality Park brings the world to you!

Founded by our team of experts in 2016 and with a number of global VR Parks planned from Las Vegas to Dubai and Tokyo; VR Park is a cutting-edge platform that combines the latest VR technology and creative innovation into one location. According to Kirill Granev, CEO of Virtual Parks:

‘The restart of the era is the end of the world known to us and the beginning of a new one. Virtual and augmented reality (VR and AR) has long been used not only in entertainment. Yes, the games give a solid push for development and good financial investments, but this is not enough. Right now, many large corporations around the world are experimenting with VR / AR. With the help of these technologies, you can train personnel, develop equipment, trade and much more. As a business person, I am sure that the future is behind virtual reality!’

Global connectivity is now at its peak the and the day to applications for VR are endless, so too are the commercial opportunities for VR. From education and training to the military, medical training, aviation, and tourism the profitability of the sector as a whole is calculated in the tens of billions of dollars.

Create Your Own Dreams With the Virtual Reality Park ICO

With our own smart body control technology, the user can experience a world away from the norm – Whatever your passion – be it history, sports, fantasy worlds, literature or visiting the seven wonders of the world the ICO will create the platform that will take you there!

Ranging from 800 to 3000 square meters, the Virtual Reality Parks will extend to some 28 countries around the world including the Americas, Europe, and the UAE.

We have over 200 million VR Tokens for sale and based on the ERC-20 ETH Standard smart contract, the VR Token forms the whole basis of the VR Park platform. The VR Token is used by park visitors to pay for both games, modules and platform access and with a 15% discount for VR Token payments, the savings can be great too!

With a PR Park roadshow planned for the coming quarter, we look forward to meeting you!

We have the technology and vision – join us on our journey and become part of the VR Park Story!

About Us: Virtual Park is a platform for the development of VR industry in the global market. Thanks to the technological solutions of Virtual Park Company, we will present users with new opportunities to interact with the virtual world, identifying trends in the development in the industry.

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ICO

Lykke’s utility tokens go traditional with GENTWO

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ytry

innovation made in Switzerland: two innovative financial solution providers have joined forces. Blockchain-based digital asset exchange Lykke and “new generation” securitization specialist GENTWO have made Lykke’s utility tokens investable and bankable through a conventional Swiss-compliant tracker certificate complete with Swiss ISIN.

True innovation through purpose-oriented partnerships

Gentwo’s subsidiary GENTWO Digital has securitized Lykke’s utility tokens – known collectively as LyCI Service Tokens (ticker: LyCI). This unique expertise regarding digital assets has thus been prepared for conventional investments in the traditional financial markets. The new securitized product is an open-end index tracker, a participation certificate based on the original utility token LyCI. Tracker certificates represent the simplest and best-known type in the product category of structured products. They reflect the price performance of an underlying asset on an almost one-to-one basis. The new Lykke index open-end tracker comes complete with a Swiss ISIN code, thus making it easily accessible for qualified (and also large-scale) investors, but still harnessing the power of the blockchain-based innovation.

Always be invested in the top 25 digital blockchain assets

The underlying LyCI is a utility token allowing the purchase of the world’s top 25 crypto assets based on index-weighted market capitalization, all in a single transaction. LyCI Service Token (ticker: LyCI) is priced in real-time and rebalanced on a minute-by-minute basis. LyCI is the first token of its kind and makes it easy for users to pick winners, diversify risk and simplify the management of the complex and rapidly-evolving universe of cryptos. The new issuance combines outstanding expertise within the blockchain segment and unique issuance setup that transforms digital assets into a format that has been used in finance for decades. It has the potential to accelerate the blockchain revolution for qualified investors around the world – from family wealth funds through to fully-fledged institutionalised investors.

Joint development of innovative products means shaping market landscape together

Purpose-oriented partnerships among specialized service providers like the one from Lykke and GENTWO Digital are becoming increasingly important. They are forward-looking and show genuine innovative strength (made in Switzerland). The new cooperation between Lykke and GENTWO also shows the old world of traditional finance and the new world of blockchains will increasingly be bridged to create new value and potential of growth to the traditional and newly evolving financial market and its participants.

Patrick Loepfe, founder and chairman of GENTWO said “with a simple, conventional product and one single transaction, it has become possible to invest in the exceptional Lykke token and thus in 25 promising digital assets at the same time. The traditional financial market has nothing more efficient to offer. Investors will quickly experience the added value our combined expertise will create. We are the bridge builders and we will continue to build more such bridges.”

Richard Olsen, founder and CEO of Lykke said “this new product is very exciting for us as it represents the link between what came before and what is coming next. Until today, many traditional investors found it difficult to define a pathway into digital assets and to reconcile this new innovative asset class with their own portfolios. This new product – made possible by the partnership between Lykke and Gentwo – will provide this pathway, finally bridging the two worlds of traditional finance and the blockchain-based future.”

About Lykke

Zug-based Lykke is an internationally operative, Swiss-based company building a global marketplace for the free exchange of financial assets. Lykke’s mission is to democratize finance by leveraging the power of the blockchain. Eliminating market barriers, Lykke will provide and promote equal access from anywhere in the world to the digitization and trade of virtually any asset of value.

Lykke index: https://www.lykke.com/lyci/, Lykke: https://www.lykke.com/

About GENTWO and GENTWO Digital

Zurich-based innovative securitization specialist GENTWO has created a new generation of financial products. The company enables institutional clients to securitize not only bankable, but also non-bankable assets with a Swiss ISIN. The focus on so-called off-balance-sheet investment products solves the problem of declining margins and growth barriers for many financial market players. It opens up new performance potential by creating access to a theoretically unlimited world of asset classes. Financial intermediaries, including banks, can use GENTWO’s setup to realize their own product and business

innovations. GENTWO Digital is a joint venture based in the Crypto Valley in Zug, Switzerland. It makes digital assets bankable and turns it into conventional securities (investment certificates).

GENTWO Digital: www.g2d.io, GENTWO: www.g2fp.com

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BiKi.com Appoints Southeast Asia CEO, Ethan Ng

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BiKi CEO Ethan Ng speaking at Blockchain Innovation & Technology (BIT) event organized by Asia Token Fund in Vietnam

9th May, Singapore, Singapore – Gaining recognition from notable industry players, the relatively new yet fast-growing cryptocurrency exchange BiKi.com has officially announced the appointment of its Southeast Asia CEO, Mr Ethan Ng. Considered an emerging blockchain market, the region’s economic force has become one of the driving factors that facilitate global growth. BiKi.com is headquartered in Singapore, Southeast Asia’s leading financial hub.

Formerly the Marketing Lead of one of the top global exchanges, Ng possesses a wealth of experience in Southeast Asia expansion and growth hacking. The Royal Melbourne Institute of Technology graduate also organized Blockchain Festival Vietnam, one of the largest and most notable blockchain conferences organized in Vietnam to date.

Handpicked by Jun Du, co-founder of Huobi and CEO of both Node Capital and Jinse (China’s most established crypto media), Ng has, with immediate effect, already begun BiKi.com’s rapid expansion plans into Southeast Asia. Vietnam will be the first stop followed by Thailand, Philippines, Indonesia, Singapore and Malaysia. Just over the weekend, Ng made his debut at the Blockchain Innovation & Technology (BIT) event organized by Asia Token Fund in Ho Chi Minh city, where BiKi sponsored 20,000 tokens in an airdrop. A familiar figure in the Vietnam blockchain industry, Ng received a warm welcome as he shared insights about the industry.

An Exchange Ecosystem

BiKi.com’s key difference,” noted Ng, “is our deep relationships with listed projects that we will help expand and grow. Listing on an exchange should be the beginning of a long-term partnership for growth”.

Ng explained that since exchanges accumulate vast connections and resources through their multiple listing partners, they are hence in a position to act as conduits to aid and even boost their partners’ expansions and commercial activities.

Biki also prioritizes user engagement and makes sure its users are always kept in the loop of the latest milestones of listed projects. This forms an ecosystem made up of exchange, projects and users where the needs of projects and users can be shared and addressed – a communal circle that can expand together.

On a mission to address the needs of mainstream industries with regards to cryptocurrency adoption, BiKi has taken up the slogan “Bringing Crypto to the Mainstream”. The exchange currently has over 1,000 community volunteers and over 300 community partners who are incentivized by BiKi for their community-driven actions. They represent the exchange in responding to users’ immediate queries and if necessary, connecting them to relevant BiKi personnel. BiKi intends to acquire 10,000 community partners worldwide and is also actively seeking 50 promising projects in Southeast Asia for listing.

About BiKi.com

Headquartered in Singapore, BiKi.com is a global cryptocurrency exchange that provides a digital assets platform for trading more than 100 cryptocurrencies and 127 trading pairs. Since beginning operations in Aug 2018, BiKi.com is considered one of the fastest-growing cryptocurrency exchanges in the world with an accumulated 1 million registered users and 100,000 daily active users, ranking within the top 30 exchanges globally.

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COSS Sweetens the Pot with COSS Fee Token (CFT)

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9th April 2019, Singapore, Singapore – Since launching its new and improved engine and platform, Singapore’s COSS Exchange has seen its daily trading volume increase by almost threefold. With its overhaul out of the way, COSS has now shifted its focus to the COSS Fee Token, CFT for short.

Not unlike the BNB (Binance Coin), the CFT is a trading token exclusive to the COSS.IO platform, arguably a more tangible use case than most cryptocurrencies in the current markets. Traders can get a 25% discount off trading fees when using CFT as an alternative to paying in the native tokens of the trading pairs. This will come as good news to market makers, institutional accounts and frequent traders of the platform. Other use cases of CFT such as ICO participation, community voting and others will be added on in the future.

To sweeten the deal, CFT used as fees will also be included in the FSA (Fee Split Allocation), a popular feature of the COSS platform, where 50% of total trading fees on the platform is distributed via smart contract to all COSS token holders, allowing them to passively accumulate value by simply holding COSS tokens. COSS also offers both dust conversion and FSA conversion (coming soon) to CFT. 

From a total supply of 240 million tokens, half of that number, 120 million, will be available for sale. The rest will be set aside for the COSS Affiliate Program, promos, airdrops, cross platform partnerships and a reserve pool for bonuses and burning. 

With Zeppelin’s burn function built into the token smart contract to schedule periodic coin burns, the total CFT supply will be adjusted automatically. The burn is fixed at 1M CFT tokens every month until the maximum supply is halved. This transparent burn model ensures an increase in the value of CFT held by its users.

To kick off the CFT token, COSS.IO is currently running a huge trading promo. Unlike previous promotions where trading was specified to a certain pair, this promo includes trading of all pairs listed on the platform. The prize pool is an attractive 1.1M CFT tokens.

For those who missed out on BNB, a winning strategy since its introduction to the market more than a year-and-a-half ago, CFT offers an opportunity to reap similar benefits. Interested individuals/parties can contact [email protected] for more enquiries.

About COSS.IO

COSS stands for Crypto-One-Stop-Solution and represents a platform which encompasses all features of a digital economical system based on cryptocurrency. The COSS system consists of an exchange, an e-wallet, a platform for ICO launches and promotional trading campaigns, a fiat gateway, a market cap widget, a marketplace and more. The COSS platform unifies all transactional aspects that are usually managed by means of FIAT money, and offers multiple cryptocurrency-related services in one place. The list of potential features of the platform can be infinitely extended, and will continue growing as the platform evolves. Visit COSS.IO

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seriesOne and Polymath Partner to Deliver an End-To-End Solution for Security Token Issuers

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Blockchain Consortium

seriesOne announce that it has partnered with Polymath, the industry leading security token platform, to simplify the complex challenges of creating and managing security tokens (blockchain-based digital securities). This is a critical component of the full digital securities offering ecosystem available through the seriesOne platform.

The partnership with Polymath enables issuers to create and manage tokens that are compliant throughout their entire lifecycle; from initial offering to trading on a secondary exchange. “We believe that the token control layer offered by Polymath will be the industry-wide standard and we are excited to be working together,” said seriesOne CTO Dmitry Grinberg.

“Investors around the world trust Polymath, which was fundamental to our decision to work together,” said Michael Mildenberger, CEO of seriesOne. “We are confident that working with the Polymath team using the ST-20 protocol will enhance the process of raising capital on our platform.”

“Polymath is proud to work with innovative partners like seriesOne, who has fulfilled a specific demand for a turnkey financing portal for any fundraising process,” said Kevin North, CEO of Polymath. “We are thrilled to be the chosen technology standard for the seriesOne platform, and we look forward to demonstrating yet again how industry can work together to set a standard for creating and managing a successful Security Token Offering (STO).”

seriesOne, led by executives with over 20 years of traditional investment banking, venture capital and technology experience, is entering its partnership with Polymath at a time of rapid expansion for the company. seriesOne recently announced that it has formed a joint venture with Bithumb, one of the top crypto exchanges in the world, to build a digital securities exchange in the U.S.

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Binance Launchpad: Celer Network Token Sale Results

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Binance Launchpad, the exclusive token launch platform of Binance helping transformative blockchain startups raise funding to develop their products aiding in cryptocurrency adoption, has completed the sale of Celer Network (CELR) tokens, which began on March 19, 2019 at 2:00PM UTC. The token sale was conducted through a single session where participants purchased CELR tokens using Binance Coin (BNB). In this session, all 597,014,925 CELR tokens were sold to Launchpad participants within 17 minutes and 35 seconds.

At the time of the sale, one CELR token was priced at 0.000434 BNB. Allowing 1 BNB to purchase 2,303.35821 CELR tokens. Launchpad participants were able to purchase between 2985.074626865672 CELR tokens (the minimum amount eligible for purchase) and 223,880.597 CELR tokens (the maximum amount).

Celer Network is a layer-2 scaling platform that enables fast, easy and secure off-chain transactions for not only payment transactions, but also generalized off-chain smart contracts.

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Blockmason Announces Bitsonic Token Generation Event for BLINK, the Link Utility Token

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Aidemy

Blockmason, a leading developer of foundational, base-layer blockchain technologies, and Bitsonic, a leading Korean digital asset exchange, today announced the Token Generation Event (“TGE”) for BLINK, the Link utility token. The BLINK TGE will be held on Bitsonic starting on Monday, March 18, 2019.

BLINK is the official utility token powering Blockmason Link, a new blockchain infrastructure-as-a-service that allows app, web and other software developers to use smart contracts and programmatic blockchains like Ethereum, TRON, EOS, GoChain and others in their applications without requiring any blockchain experience. Using Link, a developer can create classic, conventional web-based APIs for any smart contract written on a programmatic blockchain.

“We are excited to partner with Bitsonic, one of the premier digital asset exchanges in Korea, to host our TGE for BLINK,” said Michael Chin, Chief Executive Officer of Blockmason. “We’re looking forward to making BLINK available to software developers, startups and others interested in the incredible innovations that Link will bring to the blockchain technology space.”

Link is viewed as the missing component in blockchain-based app development. With Link, developers and users alike can interact with smart contracts like any other web API. There are no “gas” cryptocurrencies to acquire, browser plugins to install or other unnecessary hurdles. There’s also no servers or web infrastructure to maintain or monitor. A developer simply adds the smart contracts they want to use in their app to Link. Once added, they can read from and write to these smart contracts just like any other API.

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Cryptocurrency Firm Agrees to Stop Using Alibaba Name

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Alibaba

A cryptocurrency firm said it will stop using trademarks including the term “Alibaba” as part a settlement of a lawsuit brought by Alibaba Group Holdings Ltd, the Chinese e-commerce retailer.

ABBC Foundation announced the settlement on Monday, in a statement confirmed by its U.S.-based lawyer.

The firm, which has offices in Dubai and Belarus and was also known as Alibabacoin Foundation, said it regretted any public confusion arising from its “former use of Alibabacoin.” Its cryptocurrency is now called ABBC Coin.

Alibaba did not immediately respond to requests for comment. A U.S.-based lawyer for Alibaba declined to comment.

The Chinese company had accused ABBC of confusing customers and hurting its business in the United States by using its trademarked name to raise more than $3.5 million in Alibabacoins.

ABBC countered that it was not trying to piggyback off the Alibaba name, and that China’s September 2017 ban on initial coin offerings eliminated a main source of potential confusion.

The case is Alibaba Group Holdings Ltd v. Alibabacoin Foundation et al, U.S. District Court, Southern District of New York, No. 18-02897.

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Making Your VR World a Reality – Virtual Reality Park Launches ICO

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vrpark

With a huge array of industry sectors embracing Virtual Reality (VR), the day to day applications for VR are becoming more and more widespread.  According to Goldman Sachs the capitalisation of the VR industry by 2021 alone will be worth some $300bn – what is needed however is a global platform to deliver VR its true potential.

Embracing the Global Connectivity of Virtual Reality

Ever wanted to visit a far-flung part of the world but don’t have the time or budget to do so? Well, now you can. Virtual Reality Park brings the world to you!

Founded by our team of experts in 2016 and with a number of global VR Parks planned from Las Vegas to Dubai and Tokyo; VR Park is a cutting-edge platform that combines the latest VR technology and creative innovation into one location. According to Kirill Granev, CEO of Virtual Parks:

‘The restart of the era is the end of the world known to us and the beginning of a new one. Virtual and augmented reality (VR and AR) has long been used not only in entertainment. Yes, the games give a solid push for development and good financial investments, but this is not enough. Right now, many large corporations around the world are experimenting with VR / AR. With the help of these technologies, you can train personnel, develop equipment, trade and much more. As a business person, I am sure that the future is behind virtual reality!’

Global connectivity is now at its peak the and the day to applications for VR are endless, so too are the commercial opportunities for VR. From education and training to the military, medical training, aviation, and tourism the profitability of the sector as a whole is calculated in the tens of billions of dollars.

Create Your Own Dreams With the Virtual Reality Park ICO

With our own smart body control technology, the user can experience a world away from the norm – Whatever your passion – be it history, sports, fantasy worlds, literature or visiting the seven wonders of the world the ICO will create the platform that will take you there!

Ranging from 800 to 3000 square meters, the Virtual Reality Parks will extend to some 28 countries around the world including the Americas, Europe, and the UAE.

We have over 200 million VR Tokens for sale and based on the ERC-20 ETH Standard smart contract, the VR Token forms the whole basis of the VR Park platform. The VR Token is used by park visitors to pay for both games, modules and platform access and with a 15% discount for VR Token payments, the savings can be great too!

With a PR Park roadshow planned for the coming quarter, we look forward to meeting you!

We have the technology and vision – join us on our journey and become part of the VR Park Story!

About Us: Virtual Park is a platform for the development of VR industry in the global market. Thanks to the technological solutions of Virtual Park Company, we will present users with new opportunities to interact with the virtual world, identifying trends in the development in the industry.

For all media inquiries please contact Katarina Stabredova or visit our website.

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ICO

Novem Backs NNN Gold Tokens with Nearly $1.5 million in LBMA-Certified Gold

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Goldman Sachs

Novem will revolutionise the gold buying experience with the upcoming launch of the world’s safest and most transparent gold-backed stablecoin, the Novem 999.9 (NNN) gold token.

The Novem NNN gold token is entirely backed by LBMA-certified gold held in trust. NNN gold tokens will be minted only based on gold held by Novem, and each token is redeemable for physical gold at a rate of 1/100g per token.

“Novem will soon be introducing the best way to buy gold on the blockchain with the NNN gold token. It will be revolutionary, not only from the point of view of those who buy and sell gold, but also as a superior definition of what a stablecoin can be,” Wolfgang Schmid, the CEO of Novem said.

“Novem will back every NNN token with physical LBMA-certified gold. We will continue to increase the gold we hold in trust and are committed to minting NNN tokens based only on the gold is securely stored with Loomis. In that way, buyers of our NNN tokens can be sure that their purchase is 100% backed by physical gold.”

NNN gold tokens are directly tied to physical gold, stored by industry leader Loomis International. NNN gold tokens are minted based on gold held as collateral by Novem, and over 34 kg worth nearly $1.5 million is held in storage at the time of the sale.

In addition, more than $1.2 million has already been invested through a private sale in Novem’s blockchain expansion and coin offerings.

Novem is an extension of an existing profitable business of physical stores that buy and sell old gold. Their gold tokens are a new offering by this functioning retail business, and profits from the token sale will be reinvested into retail outlets which will open in major cities across Europe.

Novem utilises NEO blockchain technology to digitise assets and automate the management of digital assets using smart contracts. The NEO platform was chosen due to its speed, functionality, and innovative developer community. NEO is soon to be hardened against attacks from quantum computing, creating long-term safety for token holders.

NNN gold tokens will be available for purchase starting on February 28, 2019.

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Company Settles Unregistered ICO Charges After Self-Reporting to SEC

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French ICO

The Securities and Exchange Commission charged Gladius Network LLC with conducting an unregistered initial coin offering (ICO), which the company self-reported to the SEC.

According to the SEC’s order, Gladius conducted an ICO in late 2017, after the Commission had warned in its DAO Report of Investigation that ICOs can be securities offerings. Gladius, a Washington, DC-based company, raised approximately $12.7 million in digital assets to finance its plan to develop a network for renting spare computer bandwidth to defend against cyberattacks and enhance delivery speed. Gladius did not register its ICO under the federal securities laws, and the ICO did not qualify for an exemption from registration requirements.

Gladius self-reported to the SEC’s Enforcement staff in the summer of 2018, expressed an interest in taking prompt remedial steps, and cooperated with the investigation. The SEC did not impose a penalty because the company self-reported the conduct, agreed to compensate investors, and will register the tokens as a class of securities. The case follows the Commission’s two recent ICO registration cases, in which companies agreed to pay penalties for similar registration violations and agreed to similar undertakings.

“The SEC has been clear that companies must comply with the securities laws when issuing digital tokens that are securities,” said Robert A. Cohen, Chief of the SEC’s Cyber Unit. “Today’s case shows the benefit of self-reporting and taking proactive steps to remediate unregistered offerings.”

Pursuant to the order, Gladius undertakes to return funds to those investors who purchased tokens in the ICO and request a return of funds, and register its tokens as securities pursuant to the Securities Exchange Act of 1934. Gladius also will file required periodic reports with the Commission. Gladius consented to the order without admitting or denying the findings.

The investigation was conducted by Laura K. D’Allaird and Marc E. Johnson of the Enforcement Division’s Cyber Unit and was supervised by Mr. Cohen.

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