Blockchain Press Releases
AirConsole Announces Winners of In-Car Game Developer Competition’s First Round
ZÜRICH, July 14, 2023 /PRNewswire/ — AirConsole, the leading platform for casual multiplayer games, is pleased to announce the winners of the first round of its In-Car Game Developer Competition. The competition was designed to propel the in-car entertainment industry forward. It aimed to inspire game studios and independent developers to craft captivating games tailored for the cars. It is with great joy that the competition received hundreds of applications from talented individuals and studios all around the world.
In collaboration with BMW, the In-Car Game Developer Competition consists of two distinct phases. In the initial phase, participants competed for one of four prizes of €5,000 each to develop their game prototypes. To win they were invited to submit their most creative game ideas focused on the car use case. The second phase, yet to come, will see the AirConsole and BMW jury selecting a final winner from the four prototypes. The grand prize includes full funding to develop their game and the opportunity for future placement in BMW cars with AirConsole integrated.
“Narrowing down the list to just four winners was an incredibly challenging process.” acknowledged. Jens Nolte, GM, Head of Digital Product Strategy and Portfolio at the BMW Group. “The level of innovation and passion displayed by the participants was impressive. We were intrigued by the diversity of concepts and the thoughtfulness put into designing games tailored for the in-car experience.”
Kim Nordstrom, the president of AirConsole’s Game Advisory Board, believes that this remarkable response further confirms AirConsole’s strategic focus and confidence in the growing in-car gaming market. “It’s great to see so much creativity when reviewing all the contributions, especially the ones aiming to utilize the possibilities that come with the car itself. There is so much potential with in-car entertainment and it’s been a joy reading through all the proposals on how to bring different types of games into the car environment.”
After careful deliberation, AirConsole and BMW proudly present the four winners who have advanced to the next round of the In-Car Game Developer Competition:
Game Title: Zombie Joy Ride
Developer: Amaibu Studio
Game Title: Road Trip Adventure
Developer: Anthony Kojima Productions
Game Title: Big Might Wings
Developer: Paranoia Games
Game Title: Dragon Boat Race
Developer: Amaibu Studio
Now, the first-round winners will have until October 9th to submit their prototypes. The final winner will be announced on November 6th.
For more information about AirConsole and the In-Car Game Developer Competition, please visit airconsole.com.
About AirConsole
AirConsole is a leading platform for casual multiplayer games. By connecting smartphones as controllers to your screen, AirConsole turns them into gamepads, providing a fun and affordable gaming experience for friends and family. With a wide variety of games available, AirConsole offers entertainment for every occasion and brings people together through the power of play.
Photo – https://mma.prnewswire.com/media/2152473/AirConsole_winners.jpg
Logo – https://mma.prnewswire.com/media/2017766/AirConsole_logo.jpg
Media Contact:
Amanda Lotzer
Partnership Success Manager
amanda@n-dream.com
+41 43 883 32 84
View original content:https://www.prnewswire.co.uk/news-releases/airconsole-announces-winners-of-in-car-game-developer-competitions-first-round-301875429.html
Blockchain
Russian Court Jails Finiko Crypto Scam Exec for Three Years
A Finiko executive has been sentenced to three years in prison by a Russian court for her involvement in what is described as the largest crypto scam in the post-Soviet era.
According to Izvestia, Liliya Nurieva, the former head of networks at Finiko, received a four and a half year sentence from a court in Vakhitovsky, Kazan on May 17. However, the court stated that it would take into account the time she had already spent in pre-trial detention as “time served.”
Despite prosecutors’ requests for a six and a half year sentence, the judge rejected them. Nurieva, who had faced a possible 10-year imprisonment, reached a “pre-trial agreement” with prosecutors.
Nurieva’s defense attorney announced her intention to appeal the verdict. She was convicted of fraud and organized crime-related charges.
Finiko, initially presented as a crypto “investment fund” in 2018, allegedly defrauded citizens of around $1.1 billion, according to the country’s Central Bank. Much of this sum remains unrecovered.
The unraveling of the project began in 2021, leading to the flight of many Finiko figures abroad. After an international manhunt, Interpol detained co-founder Edvard Sabirov in the UAE in late 2022, while co-founder Kirill Doronin was arrested in mid-2021.
However, Nurieva is the first Finiko executive to be convicted and sentenced.
Finiko promised investors an “automated profit-generating system” with returns of “up to 30%” on investments of $1,000 or more. It also offered various lending and financial services with lucrative terms.
The company allegedly employed Ponzi scheme tactics, using funds from new investors to pay off older ones. By mid-2021, its platforms became unstable, with customers reporting delayed payments. In June of that year, payments ceased entirely, the value of its cryptocurrency plummeted, and Finiko offices nationwide abruptly closed.
During its peak, Finiko enjoyed popularity on social media, and initial estimates suggested nearly 10,000 individuals invested in its platforms.
Nurieva’s defense argued that she was unaware of Finiko’s fraudulent nature upon joining and had invested her own money in the company. It wasn’t until later interactions with senior executives that she realized the scheme’s illegitimacy.
Some Finiko investors attended the trial, with one, Lyudmila Yamshchikova from Kazan, expressing disappointment over halted payments, which she had relied on for mortgage payments and other financial obligations.
Source: cryptonews.com
The post Russian Court Jails Finiko Crypto Scam Exec for Three Years appeared first on HIPTHER Alerts.
Blockchain
Hong Kong’s Crypto Ambitions Hit Snag: Can ETFs Steer the Ship?
Hong Kong’s launch of its first Bitcoin and Ether ETFs in late April aimed to capture part of the $55 billion US market. However, the ETFs have experienced investor outflows, perplexing analysts. Experts attribute this to concerns over China’s strict crypto stance and high management fees compared to US products.
Despite initial setbacks, some analysts remain optimistic. Bloomberg’s Rebecca Sin notes that total assets under management (AUM) exceed $250 million, indicating potential growth to $1 billion within two years. Hong Kong’s crypto journey is still unfolding, facing challenges from regulatory uncertainties and regional competitors like Singapore and Dubai.
On the Flipside
High Management Fees: Hong Kong’s ETFs have higher fees than similar US products, potentially deterring investors.
Regulatory Uncertainty: The evolving regulatory landscape in Hong Kong may create hesitancy among investors.
Institutional Adoption: Established financial institutions in Hong Kong may be slow to embrace crypto, limiting market growth.
Source: dailycoin.com
The post Hong Kong’s Crypto Ambitions Hit Snag: Can ETFs Steer the Ship? appeared first on HIPTHER Alerts.
Blockchain
Binance Web3 Wallet Introduces Yield Plus and Simple Yield
In a bid to offer its users more opportunities in the Decentralized Finance (DeFi) space, Binance Web3 Wallet has introduced two new ways to earn: ‘Yield Plus’ and ‘Simple Yield’. These new features will be accessible right within the Binance Web3 Wallet Earn section.
About Yield Plus Zone
The Yield Plus Zone is a unique feature designed to showcase projects with potential airdrops or additional yield opportunities. This feature will give users easy access to projects that offer multiple levels of rewards. The initial projects that will be included are Eigenpie, Kamino Finance, Lista Dao, Marinade, Ondo Finance, Renzo, StakeStone, and SolBlaze. Binance Web3 Wallet plans to announce exclusive campaigns in future updates through the Binance Web3 X account.
About Simple Yield Zone
The Simple Yield Zone allows users to earn an Annual Percentage Rate (APR) with stablecoins and other tokens by providing liquidity to lending protocols. When providing liquidity, users may receive both the Supply APR and Distribution APR, depending on the protocol chosen.
More on Binance Web3 Wallet
Developed with a commitment to innovation, security, and seamless user experience, the Binance Web3 Wallet is a secure, self-custodial crypto wallet integrated within the Binance App. It serves as a bridge between the Exchange and Web3, enabling users to interact with multiple blockchains, trade thousands of tokens, earn yield, and explore a selection of the best decentralized applications (dApps) all in one wallet.
Source: blockchain.news
The post Binance Web3 Wallet Introduces Yield Plus and Simple Yield appeared first on HIPTHER Alerts.
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