Latest DDF Digital Developers Fund News Digital Developers Fund Crypto News Oct 6, 2023
The Kenya Transparency and Communications Infrastructure Project (KTCIP) has significantly expanded the geographic coverage of broadband services while reducing prices. Concurrently, the project has leveraged improvements in connectivity to modernize the public sector, digitize public data, and support young tech entrepreneurs. In addition to direct financial assistance and analytical work, the World Bank leverages its convening power to pool knowledge and resources from a vast array of public agencies, experts, innovators, private companies, and investors. The results of the loan data are being fully assessed and will be used to help define ongoing digital support for Scotland’s small to medium enterprises. Token holders profit from the value increase in digital assets through a proof-of-membership in the fund.
Within a few years, the domain venture grew into the Domain Developers Fund. Michael developed a semantic and economic strategy to identify undervalued domains in the market, based on the data derived from hundreds of thousands of domain transactions. Under what Beijing now calls the “Digital Silk Road,” China is rapidly expanding its presence nfts how to buy in the information technology ecosystems of many developing countries. Chinese-involved projects include everything from telecommunications equipment to online payment platforms to urban public security networks to undersea cables.1 Unchecked, China’s digital activities across the developing world will yield the following outcomes.
Yet the digital divide remains stark and is becoming synonymous with a development divide. Hospitals, schools, governments and businesses cannot operate effectively without digital tools. The Scottish Government’s Digital Development Loan has been a huge success, supporting well over 200 Scottish Businesses to access over £12million at 0% finance to support the digital transformation of their businesses. Michael Marcovici’s expertise in online business stretches back to 1991. Back then, he published the Austria Boersenbrief, a financial experts magazine, and was a private equity fund manager. He started to register valuable domains and grew a sizeable portfolio.
- DDF holds over 1,350 premium domains such as Swords.com, Audits.com, Exhibitions.com or PR.uk.
- Ultimately, couching U.S. digital engagement as anti-China will generate significant pushback in many developing countries wary of alienating Beijing.
- Concurrently, the project has leveraged improvements in connectivity to modernize the public sector, digitize public data, and support young tech entrepreneurs.
- Michael Marcovici’s expertise in online business stretches back to 1991.
In addition, they participate in the distribution of fund net profits as quarterly dividend. Token holders receive their dividend through a smart contract as Ether payment. Through our structured investment approach we allow anyone to profit from the extraordinary growth in this space.
Recognizing that American interests and values are best advanced if developing countries can chart their own digital destinies rather than become largely dependent on Beijing for their information technology needs, the United States should frame its digital engagement in positive terms of economic growth and empowerment. The Digital Economy for Latin America and Caribbean (DE4LAC) supports national authorities in the region in identifying reform and investment prospects to accelerate the transition to an inclusive digital economy. This initiative helps identifying challenges and opportunities to promote widespread access to digital technologies and accelerate digital transformation. Digital Developers Fund is an investment fund designed to let investors participate in the extraordinary growth in domain names and crypto currencies.
Digital Africa: Technological Transformation for Jobs
The World Bank’s Digital Development Partnership helps developing countries leverage digital innovations to solve their most pressing challenges. The ICO runs over 30 days or until all tokens have been allocated. Oour goal is to ensure fair and balanced access for small and larger investors, end users, and the overall community. For this reason, and in order not to place undue burden how to buy api3 on the Ethereum network, we have decided not to implement an accelerator or discount function for early birds. Digital development components are increasingly included in projects across diverse sectors including transport, education, health, agriculture, and public sector management. Digital Invest is led by USAID’s Innovation, Technology, and Research Hub as part of the U.S.
- The program supports a competitive, diverse ecosystem of digital connectivity and financial service providers, promoting the growth of resilient, secure digital ecosystems in developing countries.
- ID4D works across three pillars of country and regional action (providing technical assistance and leveraging World Bank financing), thought leadership (producing knowledge and data on the coverage and quality of systems around the world), and global convening and platforms (supporting global public goods and norms).
- American firms may typically offer better quality and more secure digital products, but in developing countries where price matters most and cybersecurity and the risk of espionage are often secondary or tertiary priorities, they operate at a disadvantage.
- Digital Developers Fund is an investment fund designed to let investors participate in the extraordinary growth in domain names and…
- The World Bank provides an extensive range of services and solutions to make sure client countries can harness the power of digital development.
Although motivated by Huawei’s violation of U.S. sanctions on Iran and its subsequent obstruction of justice, placing Huawei on the trade blacklist or “Entity List” maintained by the Bureau of Industry and Security at the U.S. Building the foundations of the digital economy requires capacity in multiple other fields, including finance, private sector development, education, labor, and social protection, among others. As a result, the digital agenda mobilizes a wide variety of experts throughout the World Bank, IFC, and MIGA.
The Digital Revolution: Fostering Inclusion and Resilient Growth
And while technology has opened a wealth of new possibilities for global development, it does not come without risks. We work closely with client countries to help them implement the infrastructure, tools, and regulations that are necessary to address these challenges. We are also focusing on making sure that digital opportunities are inclusive while also managing risks of exclusion. Digital Invest was announced by President Biden in June 2022 as a flagship program under the G7-led Partnership for Global Infrastructure and Investment.
Michael Marcovici, Director
At any time, 15% of fund assets are held in a reserve fund consisting of BTC, ETH and cash. Domains are the Internet real estate, with famous strings reaching seven or eight figure sales. Since its inceptions, DDF has acquired and sold thousands of high value domain names.
In South Asia, the Digital Economy for South Asia (DE4SA) initiative assesses the development of the digital economy in each country. It identifies policy options to promote digital inclusion, build trust ecosystems, and strengthen institutional capacity to maximize benefits of the digital economy while mitigating the risks. The initiative has informed policy dialogue, technical assistance, and project financing with governments across the region. Digital foundations, especially high quality, reliable, affordable connectivity and devices; open, interoperable monerov price and safe digital public infrastructure; and digital skills, have become imperative and urgent for inclusive, resilient and sustainable development in the new digital era. The World Bank provides an extensive range of services and solutions to make sure client countries can harness the power of digital development. Digital technologies and platforms are increasingly important in addressing global challenges and responding to shocks, and also create new jobs and markets, expand access to finance, and improve efficiency and transparency.
Government’s Digital Connectivity and Cybersecurity Partnership (DCCP) with funding from the State Department’s Bureau of Cyberspace and Digital Policy, USAID’s Gender Equality and Women’s Empowerment Hub, USAID’s Innovation, Technology, and Research Hub, and USAID Liberia. From the total proceeds, 15% will be used for operations (software development, human resources, legal, marketing), 15% will be stored in a reserve fund of at least 25% BTC, 25% ETH and max. This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
Why the United States Needs a Digital Development Fund
You can by clicking on the Expression of Interest (EOI) link below, should future funding be made available for the digital transformation of business. He has been involved for the last 20 years in hedge funds, futures trading and other investments. From 2008 to 2012, Davies was Director of FTC Capital, one of Austria’s leading Managed Futures funds. Since 2012, Davies Guttmann has been a Director of Financial Fairplay AG in Switzerland, providing consulting services on alternative portfolios and digital trading. See how the Digital Development loan has helped businesses grow, and how it could be used to support the growth of your business.
Target Coin – Close ended crypto fund
To enable U.S. companies to better compete, the executive branch and Congress should come together to establish a new Digital Development Fund that would support information connectivity projects across the developing world. DDF offers investors an opportunity to participate in high growth digital assets such as domain names and crypto currency. The roots of the DDF go back to 2010, when DDF was incorporated as “Domain Developers Fund” in the Cayman Island. DDF holds over 1,350 premium domains such as Swords.com, Audits.com, Exhibitions.com or PR.uk.
Digital Developers Fund (DDF) News
In 2017, the fund rebrands to “Digital Developers Fund” and raises funds via an ICO to expand its asset allocation. Throughout the COVID-19 pandemic the Digital Development team has been tracking digital responses globally to understand how governments, telecoms and the private sector have supported affordable and resilient digital infrastructure and services to help individuals, businesses and governments cope with the crisis. We invite you to navigate the database using our interactive dashboard and visualization tool. The World Bank Group’s Identification for Development Initiative (ID4D) initiative helps countries build inclusive and trusted identification and civil registration systems to enable all people – including the estimated 850 million without any official identification – to exercise their rights and access services. ID4D works across three pillars of country and regional action (providing technical assistance and leveraging World Bank financing), thought leadership (producing knowledge and data on the coverage and quality of systems around the world), and global convening and platforms (supporting global public goods and norms). Our work focuses on key pillars, including inclusive access to fast, reliable, safe, and affordable internet.