monspaceislove-blog

[monspaceislove-blog]

Thaipusam is more than just a festival celebrated by the Tamil community. It is also a great day to promote cultural diversity and acceptance in Malaysia. The day commemorates the good triumphing over evil, and is a day for believers to ask for wisdom and blessings from God. On this day, the Tamil community would go on a parade, dressed in yellow or orange.

Most Malaysians’ would be familiar with the picture of lord Murugan on his carriage, parading all the way from Kuala Lumpur to batu Caves, and eventually making it to the temple on top. Paired with upbeat, festive music, it’s indeed a day that brings people together.

On this special day, Monspace wishes our Tamil friends a happy Thaipusam, and a happy, peaceful year ahead !

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Yesterday, Datuk Zainal Abidin Hj Mohamed who is the secretary of Koperasi Monspace Berhad paid a visit to the Malaysia External Trade Development Corporation (MATRADE). The purpose of the visit is mainly to work on a long term partnership with MATRADE, setting up a company exhibition booth to showcase some of our products.

This is one of our plans for 2018—leveraging the influence and reach of MATRADE to promote our products at an exhibition where more than 470 international companies converge.

Company will be selecting some of the best products available on MONSPACEMALL to be showcased, so consumers can have a close up appreciation of what we offer.

The MATRADE exhibition hall is a great success. Participating businesses put up a great variety of products on show, and we are very sure that it will stimulate public spending.

We are thrilled to be part of it and we can’t wait to showcase the quality of what we have to the world!

[monspaceislove-blog]

Yesterday, Malaysian football fans welcome a match that is not just important to local football lovers, but also all Malaysians.

It’s the 2017 Malaysia Cup (Piala Malaysia 2017) that held on 4 November, at the Shah Alam Stadium which accommodates up to 80,000 people. MONSPACE is one of the sponsors of the event. Its founder and Group CEO Dato’ Sri Jessy Lai attended the match in person to show her support for the local football scene.

The Malaysia Cup is one of the oldest football matches in Malaysia. It first started in 1921, and has not failed to happen every year after that, save for during World War 2.

In 1921, the match was called the Malaya Gold Cup. Later in 1933 it was renamed to HMS Cup, and then in 1967, to commemorate the establishment of Malaysia in 1963, the match officially adopted the name “Malaysia Cup” till today.

The match commences yearly after the Malaysia Super League (MSL). Top 10 teams from the MSL and 4 others from the Malaysia Premier League (MPL) automatically qualifies for Malaysia Cup, while the next ranked 2 teams each from MSL and MPL compete for the remaining 2 spots.

After three months of gruelling competition, only “Southern Tigers” Johor Darul Ta'zim F.C. and “Red Eagles” Kedah FA are left standing. These two teams compete in the grand finals of the 2017 Malaysia Cup for the ultimate glory.

MONSPACE has always been attentive to the sports scene, and have on various occasions sponsor both local and international sports events. This time, the company hopes that our financial support for the 2017 Malaysia Cup will inspire more corporations and enterprises to turn their attention to the local sports scene. May our society care more, and do more for the future athletes of Malaysia.

And congratulation to JDT !

[monspaceislove-blog]

Blockchain-based Cryptocurrency MSD Now Accepted At Asiancities

It is common knowledge that more and more organisations are accepting cryptocurrencies in their transactions. Some of these include multinational computer technology company Dell, and one of the world’s largest online travel company Expedia. In September 2014, the non-profit organisation United Way also started accepting cryptocurrencies as donation.

Earlier, the Japanese government also officially recognised cryptocurrencies as a legal form of payment, and even set up a monitoring system for cryptocurrency transactions. This greatly accelerated the popularity of cryptocurrencies in Japan, so much that they’re now being accepted by an increasing number of shops, airlines, hotels and more. Some examples are Peach Aviation and renowned capsule hotels.

Now, Asiancities is joining the ranks of these forward-thinking companies.

Asiancities is a well-known travel company in Asia whose operations are in Malaysia, Indonesia, the Philippines and more. Famous hotels such as Two Seasons and Diamond Hotel in the Philippines, RHR Hotel in Malaysia, and Kei Art Hotel in Indonesia are all clients of Asiancities.

Just recently, Asiancities announced a collaboration with MONSPACE, and will start accepting the latter’s cryptocurrency MSD as a payment option.

MSD was officially launched on 1 October on the 3rd anniversary celebration of MONSPACE. Since its launch, the cryptocurrency has quickly rose to become one of the fifth biggest Cryptocurrency in the tidex.com.

“We have faith in MSD because as opposed to most cryptocurrencies which require an Initial Coin Offering (ICO) to source for funding, MONSPACE skips the step as it already has strong financial and user backing. It goes to show how much potential the cryptocurrency has,” said a representative of Asiancities.

The representative also commented: “Cryptocurrencies have a special appeal to online businesses as opposed to credit cards due to the former’s added security. While credit cards carry the risk of fraud, an encrypted Cryptocurrency like MSD makes fraud highly unlikely. This means online businesses can operate with a lot more confidence and peace of mind.”

Users can pay for their hotel, flight tickets, and car rental using MSD on Asiancities. This decision by the travel company is an important one that proves how popular MSD is, even though it was only launched recently.

“In countries where PayPal and credit cards aren’t available as payment options, MSD brings a brand new opportunity,” said the representative of Asiancities.

The renowned travel company will start accepting MSD for payments in November 2017.

[monspaceislove-blog]

MONSPACE MALL KOREA LAUNCHED ON 9 DECEMBER 2017

MONSPACE Multinational Corporation has officiated the soft launch of Monspace Mall Korea at Le Meridien Hotel, Seoul on 9 December 2017. Founder and CEO of MONSPACE, Dato’ Sri Jessy Lai, was present in Seoul to officiate the event.

The soft launch on Saturday announced a collaboration between Monspace Mall Korea and Korean mall. MONSPACE intends to leverage Korean Mall’s network, logistical facility and expertise in local culture to serve Korean shoppers and fans of Korean products from around the world.

Since 2002, Korean has maintained a 2-digit growth in e-commerce. In 2014 that figure reached 17.7%, making e-commerce a 45.3 trillion KRW industry, almost double the size it was in 2009.

While sales and retail as a category remains relatively stagnant in growth, e-commerce has grown in bounds and leaps. About 92.6% of all Korean residents has access to the internet, creating a conducive environment for online shopping to thrive. Online transactions now occupy 15.1% of all retail sales in Korea.

Today, Korea is the 7th biggest e-commerce market in the world, and 3rd biggest in Asia Pacific. According to Emarketer’s report in 2015, Korean e-commerce is an industry worth 37 billion USD, following other top ranking markets in the world: China (563 billion USD), US (350 billion USD), UK (94 billion USD), Japan (79 billion USD), Germany (73 billion USD), and France (42 billion USD). Korea also has the highest e-commerce penetration in Asia Pacific at 65%, and the fastest internet.

The most popular Korean e-commerce platform now are Gmarket, 11street, and Coupang, which gained 2500 sellers merely 4 years after its founding.

Monspace Mall Korea also accepts MSD, a cryptocurrency issued by MONSPACE, for all transactions on the website.

MSD is centrally administered, but relies on the Ethereum block chain architecture. Its value is determined by market supply and demand forces—the greater the buying power of MSD within the closed MONSPACE environment, the greater the value one would expect MSD to acquire on an open exchange. Monspace therefore has the incentive to increase the utility of MSD within its own community to ensure the success of the cryptocurrency.

JJCC, a six-member Korean hip-hop boy group was present to witness the event.

[monspaceislove-blog]

MONSPACE Hosts “Back To School” Year End Gala As Appreciation to Staff

On 26 November 2017, MONSPACE hosted a “Back To School” themed year end gala in Mandarin Oriental Kuala Lumpur. The event is specially prepared to reward company staff for their hard work throughout the year. The night was a great success—with renowned Asian celebrities singing, performing, adding hype and excitement to the night. A lot of prizes including 2 units of luxury condominium, 8 units of New Perodua Myvi and lots of other prize were also up for grabs, while a RM10,000 prize was given to the best dressed attendant of the night.

2017 has been a great year for MONSPACE. Besides key projects such as the collaboration with SOFO and the launch of cryptocurrency MSD, the company also ventured into new markets including Indonesia, Vietnam, UK, Algeria, the Caribbean and more.

Group CEO Dato Sri Jessy Lai shares that respecting and caring for employees are principles she hold dearly. That’s also why this year’s gala is themed “Back To School”. It’s meant to create a fun, carefree vibe for the entire evening.

The event also required all staff to show up in school uniforms, creating a vibe that instantly transports attendants to the carefree days of school. It was a very heartwarming sight to behold.

The gala saw many renowned artists participating in the fun. Notable names include Wong Cho-lam, Louis Yuen, and Jerry Lamb from Hong Kong, Gurmit Singh from Singapore, revered actor Ruco Chan, the iconic Maria Cordero, songstress Janice Vidal, Hip Hop group FAMA, Indonesian artist Krisdayanti and more.

Gurmit Singh, Louis Yuen, Jerry Lamb and Wayne, 4 characters known to brighten any occasion, were specially invited to host the event, filling the night with laughter and fun.

Renowned actor Ruco Chan presented the lucky draw prizes. As the ambassador of SOFO massage chairs, he personally introduced the multifunctional smart furniture, and personally presented the gift to the lucky winner.

Janice and FAMA serenaded the audience with their amazing voices, winning rounds upon rounds of applause from the audience.

Divas Maria Cordero and Krisdayanti then further impressed the audience with their singing, giving everyone a memorable night.

Even the games prepared were uniquely engaging. All staff invited on stage to play were fully immersed in the excitement of the night, eager to have fun while winning prizes.

The night ended on a high note, with Dato’ Sri Jessy Lai, VIPs and celebrities joining in a chorus singing “We are Monspace Family”—a touching moment leaving attendants moved and inspired.

[monspaceislove-blog]

MONSPACE has grown exponentially since its founding in 2014. On 16 March 2016, the corporation held a business briefing to summarise its work in 2016 and make plans for 2017. I conducted the meeting while the heads of each department provided annual reports. These companies/departments include sofo, a88, e-commerce, telecommunications, health and fitness, hospitality and tourism, F&B, beauty, and entertainment. The meeting was productive, with each department reporting their work in detail. Other participants were proactive and engaging, asking many questions to help everyone deepen their understanding of business in future. The corporation’s goal in 2017 is to expand and innovate. Building on existing assets, MONSPACE will invest heavily in new industries to increase revenue. 1. International expansion. Last year, the corporation stabilised their presence in China, and further expanded into the Middle East and Hong Kong. In 2017, efforts as such needs to be strengthened. MONSPACE will be exploring even more international markets that can be tapped, becoming a corporation that is truly global. 2. Full realisation of corporate work requirements. This is to ensure that MONSPACE sees better growth in 2017 than it did last year. Work across each department has to be streamlined, and every leader has to embody the corporate culture of MONSPACE, which is to deliver results, work in harmony, and discharge responsibilities. 3. Top-notch corporate culture and talents. MONSPACE needs to focus on developing talents in order to support the growth and innovation of the corporation. 4. Explore new industries. Last year, the corporation expanded into multiple new industries, such as health and fitness, agriculture, F&B, beauty, and aviation. This year, MONSPACE seeks to build on that momentum. 5. High efficiency. Holding itself against industry standards, MONSPACE seeks to outdo the market with its operational efficiency, and aims to become the top 3 corporation nationally, and later internationally. The corporation’s goal is to expand into a global market, and to make MONSPACE a number one corporate brand. I encouraged all departments to strengthen their communication with each other, and to draw from each other’s strengths to become better together this 2017.

eriences and�����*

[monspaceislove-blog]

Last month, Dato’ Sri Jessy Lai hosted a “Leadership Excellence Training” for 100 local hero in Medan, Indonesia and the heros are now able to excel, putting Monspace Indonesia on track for further success.

Replicating this succesful method, Monspace Multinational Corp CEO Dato Sri Jessy Lai conducted another training session for MONSPACE Vietnam. The session is open to carefully selected local leaders, with a program customised for their needs in order to maximise leadership potential.

During this trip, Dato Sri Jessy Lai also celebrated the launch of Monspace's new office at HCM Vietnam. The office was recently renovated to fit the aesthetic of the company's CEO.

Today, founder and the Group CEO Dato’ Sri Jessy Lai is the key speaker of today event. Through engaging words and a charismatic stage presence, she managed to turn a conventionally boring leadership training into an interesting one.

Dato Sri Jessy Lai not only shared theories and principles of leadership, she also shared real experiences and case studies to help illustrate her point.

The key point in this training session was to help attendants understand what influential leaders are made of. The Vietnamese leaders also learned how to create strong teams, delegate work effectively, harness their influence, and improve communication.

The company hopes all participants put their learnings to good use. MONSPACE has a bright future in their hands.

[monspaceislove-blog]

Blockchain-based Cryptocurrency MSD Now Accepted At Asiancities

It is common knowledge that more and more organisations are accepting cryptocurrencies in their transactions. Some of these include multinational computer technology company Dell, and one of the world’s largest online travel company Expedia. In September 2014, the non-profit organisation United Way also started accepting cryptocurrencies as donation.

Earlier, the Japanese government also officially recognised cryptocurrencies as a legal form of payment, and even set up a monitoring system for cryptocurrency transactions. This greatly accelerated the popularity of cryptocurrencies in Japan, so much that they’re now being accepted by an increasing number of shops, airlines, hotels and more. Some examples are Peach Aviation and renowned capsule hotels.

Now, Asiancities is joining the ranks of these forward-thinking companies.

Asiancities is a well-known travel company in Asia whose operations are in Malaysia, Indonesia, the Philippines and more. Famous hotels such as Two Seasons and Diamond Hotel in the Philippines, RHR Hotel in Malaysia, and Kei Art Hotel in Indonesia are all clients of Asiancities.

Just recently, Asiancities announced a collaboration with MONSPACE, and will start accepting the latter’s cryptocurrency MSD as a payment option.

MSD was officially launched on 1 October on the 3rd anniversary celebration of MONSPACE. Since its launch, the cryptocurrency has quickly rose to become one of the fifth biggest Cryptocurrency in the tidex.com.

“We have faith in MSD because as opposed to most cryptocurrencies which require an Initial Coin Offering (ICO) to source for funding, MONSPACE skips the step as it already has strong financial and user backing. It goes to show how much potential the cryptocurrency has,” said a representative of Asiancities.

The representative also commented: “Cryptocurrencies have a special appeal to online businesses as opposed to credit cards due to the former’s added security. While credit cards carry the risk of fraud, an encrypted Cryptocurrency like MSD makes fraud highly unlikely. This means online businesses can operate with a lot more confidence and peace of mind.”

Users can pay for their hotel, flight tickets, and car rental using MSD on Asiancities. This decision by the travel company is an important one that proves how popular MSD is, even though it was only launched recently.

“In countries where PayPal and credit cards aren’t available as payment options, MSD brings a brand new opportunity,” said the representative of Asiancities.

The renowned travel company will start accepting MSD for payments in November 2017.

[monspaceislove-blog]

malaysia cup 2017 with MONSPACE

yesterday, Malaysian football fans welcome a match that is not just important to local football lovers, but also all Malaysians.

It’s the 2017 Malaysia Cup (Piala Malaysia 2017) that held on 4 November, at the Shah Alam Stadium which accommodates up to 80,000 people. MONSPACE is one of the sponsors of the event. Its founder and Group CEO Dato’ Sri Jessy Lai attended the match in person to show her support for the local football scene.

The Malaysia Cup is one of the oldest football matches in Malaysia. It first started in 1921, and has not failed to happen every year after that, save for during World War 2.

In 1921, the match was called the Malaya Gold Cup. Later in 1933 it was renamed to HMS Cup, and then in 1967, to commemorate the establishment of Malaysia in 1963, the match officially adopted the name “Malaysia Cup” till today.

The match commences yearly after the Malaysia Super League (MSL). Top 10 teams from the MSL and 4 others from the Malaysia Premier League (MPL) automatically qualifies for Malaysia Cup, while the next ranked 2 teams each from MSL and MPL compete for the remaining 2 spots.

After three months of gruelling competition, only “Southern Tigers” Johor Darul Ta'zim F.C. and “Red Eagles” Kedah FA are left standing. These two teams compete in the grand finals of the 2017 Malaysia Cup for the ultimate glory.

MONSPACE has always been attentive to the sports scene, and have on various occasions sponsor both local and international sports events. This time, the company hopes that our financial support for the 2017 Malaysia Cup will inspire more corporations and enterprises to turn their attention to the local sports scene. May our society care more, and do more for the future athletes of Malaysia.

And congratulation to JDT !

[monspaceislove-blog]

yesterday, Malaysian football fans welcome a match that is not just important to local football lovers, but also all Malaysians.

It’s the 2017 Malaysia Cup (Piala Malaysia 2017) that held on 4 November, at the Shah Alam Stadium which accommodates up to 80,000 people. MONSPACE is one of the sponsors of the event. Its founder and Group CEO Dato’ Sri Jessy Lai attended the match in person to show her support for the local football scene.

The Malaysia Cup is one of the oldest football matches in Malaysia. It first started in 1921, and has not failed to happen every year after that, save for during World War 2.

In 1921, the match was called the Malaya Gold Cup. Later in 1933 it was renamed to HMS Cup, and then in 1967, to commemorate the establishment of Malaysia in 1963, the match officially adopted the name “Malaysia Cup” till today.

The match commences yearly after the Malaysia Super League (MSL). Top 10 teams from the MSL and 4 others from the Malaysia Premier League (MPL) automatically qualifies for Malaysia Cup, while the next ranked 2 teams each from MSL and MPL compete for the remaining 2 spots.

After three months of gruelling competition, only “Southern Tigers” Johor Darul Ta'zim F.C. and “Red Eagles” Kedah FA are left standing. These two teams compete in the grand finals of the 2017 Malaysia Cup for the ultimate glory.

MONSPACE has always been attentive to the sports scene, and have on various occasions sponsor both local and international sports events. This time, the company hopes that our financial support for the 2017 Malaysia Cup will inspire more corporations and enterprises to turn their attention to the local sports scene. May our society care more, and do more for the future athletes of Malaysia.

And congratulation to JDT !

[monspaceislove-blog]

Dato’ Sri Jessy Lai receives Tokoh PROFIMA Award

The PROFIMA International Film Festival Malaysia (PIFFA) 2017, organised by the National Film Development Corporation Malaysia (FINAS), Malaysia’s Communications and Multimedia Ministry (KKMM) and Ministry of Tourism and Culture Malaysia (MOTAC), will be held on 4-6 November 2017 at the MATRADE Exhibition & Convention Centre (MECC). MONSPACE is invited as sponsors of the festival this year.

The Malaysian film industry is not lacking in talent. We have made countless outstanding movies, such as the much loved festive ads by the late Yasmin Ahmad, who also made the movie ‘Sepet' that took Berlin and Tokyo Film Festivals by storm. There’s Ho Yuhang who’s feature film ‘Min’ won the Special Jury Prize in Nantes in France, Kara Hui whose role in ‘At the End of Daybreak’ won 7 acting awards, Tan Chui Mei whose ‘Love Conquers All’ won awards at the Busan Film Festival, Yeo Joon Han’s ‘Sell Out’ that won at the Venice Film Festival, and James Lee whose ‘A Beautiful Washing Machine’ and ‘Before We Fall In Love’ rocked the Bangkok Film Festival.

Lai is a strong advocate for the local film industry. MONSPACE has also been building strong ties with the entertainment industries of Indonesia, China, and Taiwan. The company has sponsored or participated in many film-related events and cultural activities, on top of sponsoring local entertainment shows and films.

Hence, Dato’ Sri Jessy Lai has been invited to give out the Best Movie Award on 5 November, at PIFFA 2017.

Besides being a VIP at the event, Lai also received the Tokoh PROFIMA Award on 6 November in recognition of her contribution to the local film industry.

[monspaceislove-blog]

Why Tidex Listed MSD, A Digital Token Made for a Closed Community

The world of FinTech, that of Payments and that of digital currencies include a wide range of product propositions, of business models and of product design. The evolution of payment products has been at a pace for more than 20 years, and does not look like slowing down.

Products that enable users within games to create and exchange value in a closed environment have been around or some time. Along with Linden Dollars on Second Life being one of the most well known. Related but perhaps less obvious are the plethora of incentive products like air miles and loyalty points of various kinds.

As these products become more valuable, it is not unusual to see users attempt to sell or purchase. Thus, the units of value outside of the confines of the environment in which they are in use. Linden Dollars can be purchasing on auctions, and there have been repeated attempts to create exchange platforms for loyalty products. Some with the consent of the loyalty issuer and some without.

Other products seek to occupy a more traditional payment niche, with electronic money providing an online means of payment. Since traditional banking products adapted to the online environment.

Digital currencies differed from electronic money on the whole by departing from a centrally issued and administered model. And in most cases by creating value based on utility, scarcity, security etc. Rather than a fixed conversion rate against Fiat currency – as is the case for e-money.

As a technology however, digital currencies lend themselves to hybrid implementations where for example a distributed model is discarded. Since in favor of a central administrator, in order to utilize the block chain architecture. Hence, which provides greater transparency, and may serve a governance or business objective.

For digital currency enthusiasts who see the distributed architecture as integral to any cryptocurrency project. This may seem like a betrayal of the cause. Technology is however neutral, and value transfer products utilize a spectrum of technology solutions.

As they also provide for a range of underlying sources of value, from fiat currency equivalence, incentive products and computational effort.  Described above, to precious metal backed products and those representing other assets.

This brings us to an interesting development that saw Tidex, a cryptocurrency exchange, list MSD. A cryptographic digital token (“utility token”) that derives its value from the e-commerce business Monspace.

MSD is centrally administered, but is rely on the Ethereum block chain architecture. Its value is determining the market supply and demand forces. Thus, arising from the utility that members of the MonSpace community derive from it. Monspace is therefore incentive’s to increase the utility of MSD within its own community. If users are to attribute value to it on an open exchange. The greater the buying power of MSD within the closed MonSpace environment. The greater the value one would expect MSD to acquire on the exchange.

By listing on an external independent exchange, the MonSpace system is introducing market discipline to its system and this is positive development. If the inherent value of MSD to MonSpace members decreases, then its open market price will fall, and conversely the greater the utility of MSD to its holders, the higher the price.

Tidex has listed what was until then a closed unit of value, but this development reflects the increased diversity of digital tokens, and has the potential of increasing scrutiny of all digital currencies, and this is positive contribution.

It is also a natural market evolution, as digital currencies seek different niches, the source of the value of currencies will be varing, some defines to specific propositions, whilst others my eventually gain wider acceptance.

[monspaceislove-blog]

The world of FinTech, that of Payments and that of digital currencies include a wide range of product propositions, of business models and of product design. The evolution of payment products has been at a pace for more than 20 years, and does not look like slowing down.

Products that enable users within games to create and exchange value in a closed environment have been around or some time. Along with Linden Dollars on Second Life being one of the most well known. Related but perhaps less obvious are the plethora of incentive products like air miles and loyalty points of various kinds.

As these products become more valuable, it is not unusual to see users attempt to sell or purchase. Thus, the units of value outside of the confines of the environment in which they are in use. Linden Dollars can be purchasing on auctions, and there have been repeated attempts to create exchange platforms for loyalty products. Some with the consent of the loyalty issuer and some without.

Other products seek to occupy a more traditional payment niche, with electronic money providing an online means of payment. Since traditional banking products adapted to the online environment.

Digital currencies differed from electronic money on the whole by departing from a centrally issued and administered model. And in most cases by creating value based on utility, scarcity, security etc. Rather than a fixed conversion rate against Fiat currency – as is the case for e-money.

As a technology however, digital currencies lend themselves to hybrid implementations where for example a distributed model is discarded. Since in favor of a central administrator, in order to utilize the block chain architecture. Hence, which provides greater transparency, and may serve a governance or business objective.

For digital currency enthusiasts who see the distributed architecture as integral to any cryptocurrency project. This may seem like a betrayal of the cause. Technology is however neutral, and value transfer products utilize a spectrum of technology solutions.

As they also provide for a range of underlying sources of value, from fiat currency equivalence, incentive products and computational effort.  Described above, to precious metal backed products and those representing other assets.

This brings us to an interesting development that saw Tidex, a cryptocurrency exchange, list MSD. A cryptographic digital token (“utility token”) that derives its value from the e-commerce business Monspace.

MSD is centrally administered, but is rely on the Ethereum block chain architecture. Its value is determining the market supply and demand forces. Thus, arising from the utility that members of the MonSpace community derive from it. Monspace is therefore incentive’s to increase the utility of MSD within its own community. If users are to attribute value to it on an open exchange. The greater the buying power of MSD within the closed MonSpace environment. The greater the value one would expect MSD to acquire on the exchange.

By listing on an external independent exchange, the MonSpace system is introducing market discipline to its system and this is positive development. If the inherent value of MSD to MonSpace members decreases, then its open market price will fall, and conversely the greater the utility of MSD to its holders, the higher the price.

Tidex has listed what was until then a closed unit of value, but this development reflects the increased diversity of digital tokens, and has the potential of increasing scrutiny of all digital currencies, and this is positive contribution.

It is also a natural market evolution, as digital currencies seek different niches, the source of the value of currencies will be varing, some defines to specific propositions, whilst others my eventually gain wider acceptance.

[monspaceislove-blog]

Life inspiring life

Dato Sri Jessy Lai

[monspaceislove-blog]

Yesterday, Malaysian football fans welcome a match that is not just important to local football lovers, but also all Malaysians.

It’s the 2017 Malaysia Cup (Piala Malaysia 2017) that held on 4 November, at the Shah Alam Stadium which accommodates up to 80,000 people. MONSPACE is one of the sponsors of the event. Its founder and Group CEO Dato’ Sri Jessy Lai attended the match in person to show her support for the local football scene.

The Malaysia Cup is one of the oldest football matches in Malaysia. It first started in 1921, and has not failed to happen every year after that, save for during World War 2.

In 1921, the match was called the Malaya Gold Cup. Later in 1933 it was renamed to HMS Cup, and then in 1967, to commemorate the establishment of Malaysia in 1963, the match officially adopted the name “Malaysia Cup” till today.

The match commences yearly after the Malaysia Super League (MSL). Top 10 teams from the MSL and 4 others from the Malaysia Premier League (MPL) automatically qualifies for Malaysia Cup, while the next ranked 2 teams each from MSL and MPL compete for the remaining 2 spots.

After three months of gruelling competition, only “Southern Tigers” Johor Darul Ta'zim F.C. and “Red Eagles” Kedah FA are left standing. These two teams compete in the grand finals of the 2017 Malaysia Cup for the ultimate glory.

MONSPACE has always been attentive to the sports scene, and have on various occasions sponsor both local and international sports events. This time, the company hopes that our financial support for the 2017 Malaysia Cup will inspire more corporations and enterprises to turn their attention to the local sports scene. May our society care more, and do more for the future athletes of Malaysia.

And congratulation to JDT !

[monspaceislove-blog]

we attended a briefing conducted by the New York Stock Exchange (NYSE). The meeting was meant to explain to us the prerequisites they need to fulfill the listing on the NYSE.

The New York Stock Exchange, also called "The Big Board, is the biggest stock exchange in the world, followed by Nasdaq. NYSE is located on 11 Wall St, New York. There are about 2800 companies listed on it, giving it an estimated value of 19.3 trillion USD. Besides Intel and Microsoft, there are many other corporations listed on the NYSE, including e-commerce giant Alibaba.

Undoubtedly, this is a fertile ground for the dreams of corporations and entrepreneurs. Jack Ma himself rang the bell and awakened the dreams of many when Alibaba was listed on it. Since then, many entrepreneurs dream to be listed on the NYSE.

When MONSPACE was founded, we were determined to take it to the global stage one day. That dream was the seed we planted in 2014. We will give everything we have to make this happen. We will show the world what we have in us.