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On February 15th, the General Office of the Heilongjiang Provincial Peoples Government issued the "Several Policy Measures of Heilongjiang Province to Support the High-Quality Development of the Biomanufacturing Industry," which mentions promoting the integrated development of the biomanufacturing industry. It encourages leading biomanufacturing enterprises to take the lead in establishing industry technology innovation alliances, industry technology research institutes, and other innovation consortia to strengthen technology spillover, industrial collaboration, and market expansion across the upstream and downstream of the industrial chain. It also guides SMEs to focus on niche areas, strengthen independent innovation, and improve their specialized production, service, and collaborative support capabilities, forming an industrial ecosystem of "leading enterprises, supporting industries, and cluster development," and accelerating the construction of the Suiyuan-Harbin-Daqing-Qiqihar National Biomanufacturing Cluster.On February 15th, the General Office of the Heilongjiang Provincial Peoples Government issued the "Several Policy Measures of Heilongjiang Province to Support the High-Quality Development of the Biomanufacturing Industry," which mentions supporting enterprises intelligent transformation and digital upgrading. It supports biomanufacturing enterprises in using technologies such as artificial intelligence, big data, cloud computing, and the Internet of Things to upgrade and improve their digital and intelligent levels. Provincial financial subsidies will be provided to enterprises that meet the requirements of enterprise technological transformation policies. For digital workshops (production lines) and smart factories that pass provincial certification, a one-time subsidy of 10% of the project contract amount (including equipment investment and digital construction costs such as industrial software purchases) will be granted, with a maximum subsidy of 2 million yuan for digital workshops (production lines) and a maximum subsidy of 10 million yuan for smart factories. Eligible enterprises will be recommended to apply for national-level excellent smart factory status.On February 15th, the General Office of the Heilongjiang Provincial Peoples Government issued the "Several Policy Measures of Heilongjiang Province to Support the High-Quality Development of the Biomanufacturing Industry." The measures include supporting biomanufacturing enterprises in collaborating with universities and research institutes to build concept verification centers and pilot-scale maturation platforms, driving interconnectivity among upstream and downstream links in the industrial chain, including R&D design, pilot-scale verification, and manufacturing. For eligible concept verification centers and pilot-scale maturation platforms in the biomanufacturing field, subsidies of up to 10 million yuan (30% of the total investment) will be provided based on performance evaluation results. For those already built and operational, subsidies of up to 5 million yuan (20% of the annual service amount provided to enterprises in the province) will be provided. For those selected as national biomanufacturing pilot-scale capacity building platforms by the Ministry of Industry and Information Technology, the subsidy will be increased by 50%. The measures also encourage technology trading activities such as synthetic biology technology development, technology transfer, technology licensing, technology consulting, and technology services. For biomanufacturing enterprises within the province that purchase scientific and technological achievements from universities, research institutes, and new R&D institutions and sign technology transfer or technology licensing contracts, and whose technology is transferred and transformed in our province, a subsidy of 20% of the actual payment amount will be granted for contracts with an actual payment amount of more than 1 million yuan, with a maximum subsidy of 2 million yuan per contract.On February 15th, the General Office of the Heilongjiang Provincial Peoples Government issued the "Several Policy Measures of Heilongjiang Province to Support the High-Quality Development of the Biomanufacturing Industry," which mentions supporting the tackling of core technologies. Adhering to the orientation of scientific and technological achievements transformation, focusing on key core technologies and cutting-edge directions in biomanufacturing, a number of key R&D projects will be deployed and implemented to support technological breakthroughs in innovative pharmaceuticals and medical devices, core strains, biological breeding, and biochemical engineering. Projects that pass the review will receive provincial financial support in accordance with relevant regulations. Support will be provided for enhancing the innovation capabilities of enterprises. Biomanufacturing enterprises are encouraged to increase R&D investment. For enterprises with R&D investment exceeding 500,000 yuan and meeting the conditions, subsidies will be provided at different proportions based on the enterprises annual R&D investment stock and incremental portion, with the province and city contributing at a 1:1 ratio.On February 15th, Cathie Wood, founder of Ark Capital, posted on X, stating, "According to ARKInvest research, developing humanoid robots is 200,000 times more complex than developing robotaxis. Given Elon Musks first principles and unwavering determination, we predict that Teslas Optimus Prime robot will begin to change factory life in 2028/2029, and subsequently, home life." Musk responded, "It will begin to change the status quo in 2027, the impact will be evident by 2028, and the impact will be enormous by 2029."

OpenSea Delists Sands Vegas Casino Club NFTs After Cease & Desist Orders

Cameron Murphy

Apr 25, 2022 09:40


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Sands Vegas Casino Club Gambler NFTs are delisted by OpenSea.


Sands Vegas Casino Club was served with cease-and-desist orders for NFT sales earlier this month by two US states.


Sands Vegas Casino Club is said to have sold NFTs to finance a Metaverse casino, despite the fact that they were classified as securities.


OpenSea, the main NFT marketplace, has had a tumultuous year. Trading volumes on OpenSea reached a new high in January before plummeting in February and March.


In April, NFT market conditions improved, with OpenSea Ethereum (ETH)-based NFT trade volumes already exceeding March levels.


With a week left in April, the Ethereum-based NFT trading volume is $2.68 billion, according to Dune Analytics. Trading volumes in March were $2.49 billion dollars.


With the NFT market strengthening, OpenSea looks to be treading more carefully in order to avoid regulatory repercussions.

OpenSea Delists Sands Vegas Casino Club NFT Sales

The sale of Sands Vegas Casino Club Gambler Ape NFTs was halted by OpenSea this week. Despite regulatory action against the virtual casino, OpenSea continued to enable trading of the Gambler NFTs this time last week.


Sand Vegas Casino purchased 27 plots in Sandbox in January 2022, according to the Sand Vegas plan.


Between March and August 2022, the virtual casino sought to satisfy all regulatory/legal standards.


According to the OpenSea Help Center, NFTs are delisted if they are found to:


  • Infringe on intellectual property that is protected,

  • Encourage someone to commit suicide or injure themselves,

  • Incite people to hatred or violence,

  • Denigrate or dox another person,

  • Otherwise, you are in violation of our terms of service.

  • The virtual casino's financing source will be cut off as a result of the delisting.

  • The owners of the Gambler NFTs are said to get half of the casino earnings.


The delisting of OpenSea comes as a result of cease-and-desist orders issued by the states of Texas and Alabama.


The casino's website is still up and running, and the SVCC NFTs are still available, however the Twitter handle @sandsvegascasino is no longer active.


Alabama and Texas have issued cease-and-desist orders against Sands Vegas.


Alabama and Texas have issued cease-and-desist orders against Sands Vegas Casino Club this month.


The online casino allegedly sold NFTs to support its activities, according to the two states. The NFTs were an unlawful securities offering, according to Alabama and Texas state statutes.


According to a news statement by the Texas State Securities Board, the virtual casino provided,


"11,111 Gambler NFTs in conjunction with the creation of metaverse casinos in popular metaverses like the Sandbox (SAND), Decentraland (MANA), Infinity Void, and NFT Worlds," according to the report.


According to the news release,


"Gamblers may visit the metaverse casino through avatars and play poker and other games using bitcoins. These activities benefit purchasers of Gambler NFTs. They not only become proprietors of the metaverse casinos, but they also allegedly get half of the revenues."