pension

United Nations IGF Dynamic Coalition Pilots a Decentralized Autonomous Organization (DAO)

New York, NY – December 20, 2023 — The United Nations Internet Governance Forum (IGF) Dynamic Coalition on Blockchain Assurance & Standardization announces the initiation of a groundbreaking project aimed at establishing a Distributed Autonomous Organization (DAO). The pilot project is a collaborative effort showcasing how public sector organizations can leverage blockchain technology and DAO principles to foster transparent, rules-based, and high-integrity governance structures. UN - IGF Dynamic Coalitions are multistakeholder groups operating within the framework of the UN Internet Governance Forum, addressing specific issues related to internet governance. These

Dynamic Coalition on Blockchain Assurance and Standardization (DC-BAS)

Introduction Blockchains are a promising technology with the potential to transform many industries. However, there are still challenges that need to be addressed before blockchain solutions can reach their full potential. Blockchains are important because they can be used to create secure and transparent systems. For example, blockchains can streamline the delivery of public services to underserved communities and populations, strengthen transparency and integrity for public services, and ultimately build trust amongst all stakeholders. As blockchain technology continues to develop, it is likely to have a major impact on the

The GBA Recognizes Blockchain Trailblazers

Washington, DC, June 4 2023 – The Government Blockchain Association (GBA) honored exceptional individuals and organizations for their groundbreaking use of blockchain technology in solving public sector challenges. The Annual Achievement Awards, presented on May 24, 2023, in Washington, DC, celebrated this year's outstanding winners. Rosemarie McClean, Chief Executive Officer, and Dino Cataldo Dell’Accio, Chief Information Officer received the award on behalf of the United Nations Joint Staff Pension Fund (UNJSPF), the Organization Award for a digital identity solution that enabled over 23,000 retirees across 180 countries, to provide their

Transformational Chief Executive of the United Nations Joint Staff Pension Fund joins Blockchain Conference

Washington, DC - The Government Blockchain Association (GBA) is pleased to announce that Ms. Rosemarie McClean, Chief Executive of the Pension Administration and Assistant Secretary-General of the United Nations, will participate at the upcoming conference, The Future of Money, Governance, and the Law, on May 24-25, 2023, in Washington, DC. Ms. McClean is a seasoned leader in her field, overseeing operations in pensions administration, client services, IT, project management, and process improvement at the United Nations Joint Staff Pension Fund (UNJSPF). She is the Executive Sponsor of a live blockchain

Yes, Riot made Dr. Mundo sexy in upcoming VGU

League of Legends celebrated its 11-year anniversary last October. For a game that’s been around for so long, its graphics have aged remarkably well due to the regular visual updates given to both the game’s maps and its champions. The League of today is practically unrecognizable from its humble beginnings in 2009 and the introduction of numerous in-game skins has meant that its visuals have remained fresh and exciting throughout its lifespan.  There’s been a trend in champion design in recent years of League. Simply put, a lot of League’s

Epic Games Receives $1 Billion In Funding, Intends To Grow The “Metaverse”

Epic Games' stock has risen, literally. Video game developer Epic Games is responsible for creating Fortnite Battle Royale, arguably the last decade's most influential game. When the Battle Royale genre only had first-person shooters like PUBG and H1Z1, Fortnite captured the entire world's attention for both gamers and nongamers. Epic's iconic title became the talk of the town for an extended period, which the developer parlayed into well over $1B USD in revenue since Fortnite's release in 2017. Fortnite continues to grow in unfathomable ways. Just two seasons ago, Marvel

Epic Games Closes $1B Financing Round, Sony Increases Investment to $450M 

Fortnite developer Epic Games announced that it has completed a $1B USD financing round bringing the company’s equity valuation to $28.7B. Its latest investment round includes an additional $200M strategic investment from Sony Group Corporation. Following the financing round, Epic Games’ CEO Tim Sweeney remains the controlling shareholder of the company.  Further investors that participated in the investment include Appaloosa, Baillie Gifford, Fidelity Management & Research Company LLC, GIC, funds and accounts advised by T. Rowe Price Associates, Ontario Teachers’ Pension Plan Board, funds and accounts managed by BlackRock, Park West, KKR, AllianceBernstein, Altimeter, Franklin Templeton and Luxor Capital.  According to Sweeney, the

August Investment Recap: Fortnite Billions, BITKRAFTS $165M Venture Fund, and New Capital for Esports Organizations

August was a record month for esports investments. The Esports Observer tracked 16 investments raised by esports-relevant companies during the month. Disclosed investments accumulated to $2.78B USD, which is more than all seven previous months of 2020 combined, bringing the total sum of disclosed investments in 2020 to $4.34B.  The news of esports-relevant investments was headlined by the $1.78B financing round raised by Fornite developer Epic Games and the closing of BITKRAFT’s new venture fund at $165M. Financial terms were not disclosed for all deals highlighted in this article. Epic

Epic Games Raises a $1.8B Funding at a Post-Money Equity Valuation of $17.3B

Fortnite developer Epic Games announced a $1.78B USD corporate venture round consisting of primary capital and secondary purchases from employee equity holders. The investment puts the company’s post-money equity valuation at $17.3B, up roughly 15% compared to its $15B valuation in 2018 when Epic Games raised a $1.25B round. The funding round includes a $250M strategic investment made by Sony Corporation in July. Participants in the investment round included UK investment management firm Baillie Gifford (roughly $250B under management), funds and accounts managed by BlackRock (roughly $7.4T under management), Fidelity