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Phoenix Neighborhood Reinforces Its Tech and Web3 Portfolio with Strategic Investment in Lyvely

ABU DHABI, UAE, Dec 23, 2023 – (ACN Newswire) – Phoenix Neighborhood PLC, a global blockchain powerhouse, at this time takes heart stage in the burgeoning tech and Web3 panorama with a strategic investment in Lyvely, a UAE-primarily based platform poised to reshape how creators and consumers have interaction and monetize online. This circulate solidifies Phoenix’s dedication to riding innovation at the forefront of the digital revolution, empowering creators and redefining the manner forward for social interaction.

With Phoenix’s investment, Lyvely’s modern platform leaps beyond the confines of e-commerce, fostering snort-to-user relationships by a routine mix of Web2 and Web3 functions. Powered by its personal digital forex launching in Q1 2024, Lyvely empowers creators with seamless monetization alternatives and grants consumers remarkable find entry to and personalized experiences.

Bijan Alizadehfard, Co-Founder & Neighborhood CEO of Phoenix Neighborhood, acknowledged, “Phoenix Neighborhood’s strategic investment in Lyvely illustrates and supports Phoenix’s Imaginative and prescient to boost home grown tech open-united statesand the manner forward for innovation. With Lyvely, we’re not proper purchasing a stake in a firm, we’re investing in the manner forward for the digital and creator economy, which has worthy skill and is on an exponential growth trajectory. “

“We’re proud to put money into Lyvely, a UAE homegrown platform, which represents a modern fusion of Web 2 and Web 3 capabilities, poised to redefine how creators and consumers have interaction in the digital house. This acquisition marks a serious milestone in our dash, showcasing our dedication to fostering groundbreaking tech startups, backing visionary founders and diversifying our portfolio. More than proper a platform, Lyvely’s imaginative and prescient of empowering creators and users alike, perfectly aligns with Phoenix Neighborhood’s dedication to main the tech alternate with trailblazing initiatives.” mentioned Alizadehfard.

Farah Zafar, CEO of Lyvely and MD & Neighborhood CLO of Phoenix Neighborhood, elaborates, “This shouldn’t be proper an investment – it is far a strategic alliance between a Web3 powerhouse and tech innovators with the collective imaginative and prescient to revolutionise the methodology of us monetise online and to empower all individuals’s digital and web3 footprint. Lyvely’s routine mix of social e-commerce and voice monetization, powered by Web3 capabilities, has the functionality to disrupt the reputation quo and empower both creators and users alike. Together, we aim to push the boundaries of digital experiences and lead the methodology in this with out warning evolving panorama.”

Dave Catudal, Co-founder of Lyvely, expressed his enthusiasm, “Phoenix’s journey in the cryptocurrency sector perfectly complements our mission at Lyvely. Their investment and enhance validate our imaginative and prescient and will vastly enhance our technological capabilities and growth trajectory in the Web3 house.”

This strategic investment by Phoenix Neighborhood shouldn’t be proper a capital infusion however a partnership between a serious participant in the Web3 world and a pioneering user tech platform. It marks a pivotal second for both Phoenix Neighborhood and Lyvely as they join forces to redefine the digital economy and pave the methodology for unparalleled alternatives and digital innovation.

Ready to journey the manner forward for social interaction and creator empowerment? Take a look at with Lyvely at this time at and witness a total original world of chances.

About Phoenix Neighborhood PLC

Phoenix Neighborhood PLC is a global chief in blockchain skills, with a highlight on Bitcoin mining and infrastructure. The firm is committed to riding innovation and fostering groundbreaking tech startups, with a a form of portfolio that spans diverse industries.

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From the Asia Company News Network

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