Praise Token Inc. Monthly Report | July 2022 👀🚀
Bye, July. Hello, August!
This is Jesse, the Founder of Praise Token and the Praise Pals™ metaverse. In July, we’ve been heads down in product development, event-planning, and partnerships. The market continues to ebb and flow on an upward trend. Are we exiting the bear market? Time will tell. In the meantime, here’s what we did in July.
Love, Peace, & Praise.
Founder & Creator of Praise
The Best Party in the West, “Web3 in the Hills,” Returns this October
Web3 in the Hills is a private event curated for top companies and projects. The unique mini-festival vibe in the Hollywood Hills attracts remarkable industry leaders, change-makers, celebrities, and artists. Possession of a Praise Gold Card or a personal invitation from the team are the only ways to attend.
If you live in another state or outside the US, this is worth a plane ticket and lodging for the weekend. Last year, guests flew in from New York, Canada, and Europe.
To co-create or sponsor this event, please email email@example.com
Praise Islands™ Nearing Completion
My first company, PlayQ, is a game company that still exists today. Since 2009, it has generated over $100M+ from digital in-game currencies, power-ups, and virtual goods. Now, over a decade later, Praise is ready to offer its first utility-based gaming asset.
Praise Islands™ will launch with immediate and long-term benefits, both in the Praiseland metaverse and in the real world. Stay tuned for pre-sale and public-sale dates. We’re watching the market and could launch at any time.
Praise Partners with Web3 App Store and Influencer Network, Magic Square
Magic Square ($SQR) is a web3 app store that simplifies crypto. Users can discover dApps, CeFi & DeFi products, NFTs, games, and much more — all in one place.
The community vets, ranks, and prioritizes the apps via a DAO mechanism, which has clear earning metrics to incentivize the participation of validators, creators, and users. Users can access the vetted content using the “Magic ID” (A decentralized ID). The company aims to become the Web3 alternative to Google Play or Apple Connect.
Praise is partnering with Magic Square to expand its influencer network via incentivized growth campaigns. Eventually, Influencers will also earn $PRAISE (or Praise Credits) for their activities.
Project Galaxy Partners with Praise for Web3 Contests and Giveaways
Project Galaxy is a collaborative credential infrastructure. Leveraging on and off-chain credentials, their system designs powerful growth-hacking campaigns, empowering brands to build better Web3 communities.
We’ve partnered with Project Galaxy to design our new campaigns, which will be launching soon. Thanks to our partnership, you can also mint a free Galaxy OAT (On-Chain Achievement Token). Simply complete these steps to get your token: https://galaxy.eco/galaxy/campaign/GCqBzUtW7w
If you want to increase your audience, feel free to contact the team at firstname.lastname@example.org or @jakemargulies on Telegram — or visit their website by clicking the button below.
Epik Prime Partners with Praise Pals™ to Manage IP Partnerships, Merchandise, and Brand Deals
I met the founders of Epik ($EPIK) in 2017 in Singapore. We’ve kept in contact and I’m always impressed by their progress. They’re now the leading global licensing agency in Web3, connecting consumer brands with promising metaverse companies like Praise.
Epik was the first and only NFT company doing major brand deals for AAA games since 2017. With more than 300 video game clients, Epik’s integrations create Web3 experiences for over a billion gamers worldwide. Clients include Viacom, CBS, Warner Music, Garena, Tencent, Universal, and now Praise. Epik also runs Epik Prime, a digital collectibles and merchandise marketplace. We will integrate with Epik Prime’s digital store and utilize Epik’s agency model for brand deals.
Praise Partners with Award Pool to Offer Custom Loyalty Rewards
Award Pool helps brands and creators gamify their marketing campaigns with custom tasks to build, engage, and monetize their communities. Fans can participate in challenges, earn points, and redeem NFT-based rewards through a custom-designed white-label widget. We love this solution because it ties into Praise Credits, our upcoming non-crypto digital currency.
The Award Pool team recently interviewed me for their podcast, and I’ve had several discussions with their founder, Ruv. This company is going places. Their custom integration for Praise is in progress.
PowerFan Partners with Praise to Launch ERC20 $PRAISE Token
PowerFan helps creators conduct commerce using Defi, social tokens, and blockchain technology. More specifically, they make it easy to create your own token and sell it. I met Albert, the founder of PowerFan, at our initial Praise event last October. We’ve kept in touch, and he has become one of our 88 Founding Pals.
Development is underway for the first tranche of $PRAISE tokens. We’re taking pre-commitments from accredited and non-US investors in the form of SAFTs. Interested? Get in touch at email@example.com to discuss terms.
MIDAO Partners with Praise to Incorporate PraiseDao
MIDAO provides the leading legal entity for global DAOs, the Marshall Islands Non-profit DAO LLC. A legal entity protects DAO members from unlimited liability, optimizes its taxes, and allows it to do things like open bank accounts and own intellectual property. We’ll be working with Midao to incorporate PraiseDao, our community treasury.
SENSES NFT Collection Enters the Praise Vault
We’ve aped into the SENSES collection — a sensual, meditative journey created by David Bianchi, with music from PLS&TY and artwork from dogandemir. David is a good friend, and one of the 88 Founding Pals. We plan to keep buying and trading quality collections as a partnership strategy. We’ll use our NFT vault for our own internal balance sheet of digital assets, but also with the intention of periodically awarding NFTs to engaged community members, or anyone we choose.
We encourage you to dig deeper into each of these partners. They are all doing remarkable work and deserve Praise.
As an organization, Praise is interested in speaking with investors, brands, event partners, Web3 projects, and NFT artists.
Love, Peace, and Praise. 🤟🏻✌🏻🙏🏻
Founder and Creator of Praise
P.S. Praise is many things. You may not realize it, but — behind the scenes, we’re a media and content company through our marketing agency, LaunchTeam. If you want exposure in our blog posts, email newsletter, or at our curated private events, get in touch via our agency.