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Blockchain Press Releases

Portal Announces Mainstream Esports Activation with DOTA2

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The next-gen gaming ecosystem launches the first in a series of Esports activations with leading gaming titles 

LONDON, March 20, 2024 /PRNewswire/ — Portal, the market leader in next-gen gaming, today announces a global Esports tournament as part of its activation with DOTA2, one of the largest gaming titles in history. The tournament marks a significant stride in Portal’s mission to reshape the competitive gaming arena while establishing itself as the go-to hub for gamers worldwide. The tournament will also feature exclusive ‘Portal Chests’, featuring DOTA2 in-game items that can be redeemed by DOTA2 players. Portal Chests are available solely through Portal and can be purchased in $PORTAL.

Portal is set to host the ‘Portal DOTA2 World Invitationals‘. Running from March 28 to 31, this world-class Esports tournament will span multiple countries and see 8 top-tier Esports teams battle for a substantial prize pool of $100,000 – teams to be announced from Portal’s Twitter shortly. Streamed across all major platforms including YouTube and Twitch, it’s Portal’s first foray into the competitive Esports world – a space where it intends to become a major player in over the coming years.

The prize pool is as follows:

  • 1st Place Champion: USD50,000
  • 2nd Place: USD25,000
  • 3rd Place: USD10,000
  • 4th Place: USD7,000
  • 5th – 6th Place: USD4,000
  • 7th – 8th Place: USD2,500

Esports enthusiasts from around the globe can look forward to thrilling matches and fierce competition. This collaboration marks a significant milestone as Portal becomes one of the first next-gen organizations to enter an Esports activation with a mainstream Esports titan like DOTA2.

The tournament also sees the rollout of ‘Portal Chests’. Each Portal Esports activation will include Portal Chests filled with items from a different gaming IP – the Portal DOTA2 World Invitationals, of course, have DOTA2-themed Chests. For the Portal D2WIs, the Chest takes the form of a digital collectible exclusively on Portal that enables its holders to redeem a range of in-game items. Portal is enhancing Esports viewership and fan experiences through items like the Portal Chest. The Chests are available to viewers and DOTA2 fans exclusively via Portal, and can be purchased in $PORTAL.

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Portal is providing gaming fans around the world new ways to connect with the games they love – through Esports, digital collectibles, streaming and more. The Portal DOTA2 World Invitationals is the first in a series of activations bringing next-gen tech to mainstream gaming IPs.

With over 50 million Daily Active Users and $873M in all-time revenue, DOTA2 is a powerhouse in the Esports world, generating nearly $300 million from the DOTA2 Battle Pass between September 1 and January 12, 2022. Its players can earn significant rewards, with the top earning player, Johan “N0tail” Sundstein boasting an impressive $7.1M in total eSports earnings. The titanic success of the popular multiplayer online battle arena (MOBA) game developed by Valve Corporation extends beyond individual players and teams. The game’s massive player base, in-game purchases, and esports events contribute to its overall revenue.

“We’re incredibly excited to announce this landmark activation. We’re entering uncharted territory – a collaboration between a next-gen gaming ecosystem and a mainstream gaming title” said the portal team. “The global reach of DOTA2 ensures that this activation will resonate with players and fans worldwide. We’re excited to be giving DOTA2 players new ways to connect with the game they love – through Esports and much more to come! 

For more information, please visit www.portalesports.com  

YouTube: https://www.youtube.com/channel/UCr1D0VCpaNJnWX6IgVCY0lw
Twitch: https://www.twitch.tv/portalesportshq
Twitter: https://twitter.com/Portalcoin
Twitter: https://twitter.com/PortalEsportsHQ

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https://www.portalgaming.com.

About Portal
Portal is the next-gen gaming platform and publisher. Through market-leading tech products and a world-class entertainment network, Portal is redefining the way games and gamers connect.

The Portal Ecosystem is composed of multiple interconnected elements; with 200+ partner games at launch, Portal is solving distribution for good by bringing the best of gaming into one ecosystem.

Follow on X (Twitter) at https://twitter.com/Portalcoin

Esports site: portalesports.com         

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Site: portalgaming.com

About the Portal DOTA2 World Invitationals

The inaugural Portal DOTA 2 World Invitationals will run from March 28 to 31, in partnership with DOTA2, a top multiplayer online battle arena (MOBA) video game by Valve. This world-class Esports tournament spans multiple countries and will see 8 top-tier Esports teams battle for a substantial prize pool of $100,000. Streamed across all major platforms including YouTube and Twitch, it marks Portal’s first foray into the competitive Esports world – space where it intends to become a major player in over the coming years. This major initial activation featuring Portal Chests will continue the rapid, impressive scale or the Portal brand and ecosystem, and further drive $PORTAL adoption.

Photo – https://mma.prnewswire.com/media/2367204/Thumbnail___Portal_Dota2_World_Invitatiionals.jpg

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Blockchain Press Releases

Compass Mining Scales Texas Operations with 25 MW Bitcoin Mining Facility, Plans Further Expansion

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Energizes Over 50 MW in 2024 Across Six States, with 35 MW Coming Online by January 2025

WILMINGTON, Del., Dec. 20, 2024 /PRNewswire/ — Compass Mining (“Compass” or the “Company”), a leading provider of Bitcoin mining hardware, hosting, and operational solutions, proudly announces the addition of a new 25 megawatts (MW) Bitcoin mining facility in Texas to its growing network of North American operations. The facility is already fully built out and will be operational with an initial 5 MW of capacity by year’s end, scaling to 25 MW in early January 2025. Compass also plans to expand the facility’s capacity to 60 MW by Q3 2025.

The new Texas facility will house a mix of relocated machines from Compass’s existing sites, as well as newly deployed units, ensuring continuity for current customers while offering new clients a seamless and turnkey Bitcoin mining experience. By January 2025, new customers purchasing machines through Compass’s platform will have the option to deploy them at the “Texas 6″ site.

“Our new Texas facility represents another milestone in our mission to make bitcoin mining more accessible for everyone,” said Paul Gosker, CEO of Compass Mining. “We bring a wealth of experience from successfully operating at multiple locations across Texas, navigating the unique grid dynamics and leveraging local resources. For this site, we will provide our support and expertise, including assisting our site partner in hiring expert technicians who meet Compass’s high standards. This ensures high uptime and reliability, delivering the quality our customers expect.”

Compass’s strategy combines vertical integration through proprietary facilities, such as the new Iowa 4 site, with partnerships at third-party facilities renowned for high uptime and reliability. This dual approach allows the company to maintain operational flexibility while delivering reliable hosting solutions. The company has energized a total of approximately 50 MW of power capacity across mining facilities in Indiana, Iowa, Ohio, Kentucky, Nebraska, and Texas in 2024, with plans to add another 35 MW by January 2025.

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About Compass Mining

Compass Mining is a customer-first company that provides a platform for individuals and businesses to purchase Bitcoin mining hardware, host machines, build and manage mining facilities, and access a range of ancillary services. With a commitment to exceptional customer support and transparency, Compass Mining sets the benchmark for bitcoin mining hosting. Its mission is to make Bitcoin mining accessible to everyone. To learn more about Compass Mining or to start mining today, visit compassmining.io.

Media Contact

BlocksBridge Consulting
[email protected] 

Logo – https://mma.prnewswire.com/media/1957082/Compass_Mining_Logo.jpg

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Blockchain Press Releases

Surprises Guaranteed: Bybit Card Dishes Out Rewards in Holiday Giveaway

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DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be extending the festive fun with lavish virtual gifts for Bybit Card holders. From Dec. 20, 2024 to Jan. 31, 2025, with every swipe of their Bybit Card, users may get a chance to unwrap mystery gift boxes, including 1,000 in USDT and other exciting airdrops from DOGE to BTC—all rewards, no catches.

For each 100 USDT spent in eligible purchases with the Bybit Card, users will receive a lucky draw ticket to redeem a gift box on Bybit. Each gift box promises a crypto reward—from Christmas baubles in DOGE, SOL, ETH, XRP and BTC airdrops, all the way up to the grand prize of 1,000 in USDT. Registration is required and the special Holiday Giveaway ends at the end of Jan. 2025.

For users looking for a convenient way to utilize their crypto assets for daily spendings and debit payments, it is not too late to apply for the Bybit Card. The application and verification process takes minutes, and a virtual card will be issued as soon as the card is approved, enabling seamless digital payment on Apple and Android devices in applicable regions.

“The Bybit Card takes the hassle out of crypto off-ramp for regular users and weaves rewards and benefits into daily spendings. On top of regular cashbacks, we are introducing extra perks as our token of thanks to wrap up an eventful year in crypto,”  said Joan Han, Sales and Marketing Director at Bybit.

The Bybit Card made expansive global footprints 2024 as crypto adoption continues to rise in the past year. Trusted and frictionless crypto payment solutions are in demand in various parts of the world, and Bybit is one of the natural habitats of crypto native consumers. Spanning from Buenos Aires to Amsterdam, the Bybit Card community is growing and so are the perks:

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  • Up to 10% cashback in USDT, BTC and ETH on eligible purchases
  • Zero fees for instant virtual card issuance
  • Zero annual or hidden fees
  • Up to 8% APY

Enjoy this festive season in all its splendor. Eligible Bybit Card holders from all regions are welcome; terms and conditions apply: Bybit Card Holiday Giveaway: Swipe, Spend & Sparkle!

#Bybit / #TheCryptoArk #theBybitCard

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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Blockchain Press Releases

Bybit P2P Unlocks 20,000 USDT Prize Pools for Select Users in South Asia and Africa

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DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be concluding 2024 with lucky spins all around for eligible users on Bybit P2P. With a chance at two grand bonus pools of 10,000 USDT each, select users in parts of South Asia and Africa stand to make the most of their P2P trades at Bybit.

From now to Dec. 31, 2024, eligible users may create their own P2P trading bonus at Bybit and unlock 100% chance of winning:

Successful participants may complete one or more referral, deposit, or trading tasks to earn up to 10 Lucky Draw Tickets. Tasks start at beginner level including a first-time deposit of 10 USDT. With a Ticket, users get to spin the wheel of fortune for a guaranteed airdrop from the 10,000 USDT Prize Pool.

As communities in the Global South start to build and diversify their wealth, millions are in dire need of modernized and inclusive financial infrastructures. The digital asset class offers an alternative for grassroot investors in emerging markets, demonstrating transformative power to shape the future of growth.

Bybit’s peer-to-peer trading platform provides user-friendly and trusted tools for P2P merchants and buyers. Users can compare and execute trades at an optimal price agreed upon by both parties, carried out on Bybit’s ultra smooth trading platform at zero fees. Supporting over 60 fiat currencies and over 300 payment methods, Bybit P2P contributes to democratizing access to the digital economy.

Users who have completed Bybit Identity Verification Level 1 may log in to confirm their eligibility. Terms and conditions apply.

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#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

Advertisement
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Photo – https://mma.prnewswire.com/media/2586033/Bybit_P2P_Unlocks_20_000_USDT_Prize_Pools_Select_Users.jpg
Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg 

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