Elate Graphite Limited $(EGL)$, a wholly-owned subsidiary of Elate Holdings Limited, has entered into a strategic business partnership with Goldpay Limited and Macau Lotus TV Media via Satellite, Ltd. Under the agreement, EGL will serve as a consultant on technical blockchain issues, while Goldpay will issue utility tokens for use by Lotus TV's audience. These tokens can be used to redeem advertising time, sponsor a 24-hour web3 program, and purchase goods in the Lotus Club mall. This partnership highlights the growing trend of integrating artificial intelligence and cryptocurrency in business operations. However, EGL's future financial contribution to the group remains uncertain, and stakeholders are advised to exercise caution.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.