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San Francisco based Financial Services Firm Fairmint Introduces Continuous Agreement for Future Equity (CAFE)

San Francisco based Financial Services Firm Fairmint Introduces Continuous Agreement for Future Equity (CAFE) In 2020, Fairmint had introduced the Continuous Agreement for Future Equity (CAFE). The company recently announced that Fairmint’s own CAFE offering had gone live on Thursday, February 18, 2021. Fairmint explains that making stakeholder capitalism “a reality” is quite bold objective and the firm plans to “lead the way with a bold CAFE offering.” As mentioned in an update from the company, 31.93% of Fairmint equity is allocated to $FAIR holders. Fairmint has raised $2.25 million in capital. Its (at least) 156 investors updated their securities for $FAIR. The Fairmint team has shared their approach to “running a business like a boss” in the United States.

Teen self-harm, substance abuse soar during pandemic

Researchers analyzed FAIR Health data from more than 32 billion private health care claim records, tracked monthly changes from January to November 2020 and compared them to the same months in 2019. Mental health claims for 13- to 18-year-olds nearly doubled last March and April. A similar trend was observed for 19- to 22-year-olds, although to a lesser degree than the younger group. “Young people have proven especially vulnerable to mental health issues related to the COVID-19 pandemic,” the researchers wrote. “School closures, having to learn remotely and isolating from friends due to social distancing have been sources of stress and loneliness. A review of the international literature identified high rates of anxiety, depression and post-traumatic symptoms among children during the pandemic.”

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