Blockchain Press Releases
Bitrue Ventures Announces Investment into Redacted, Alongside Spartan Group, Saison Capital, Animoca Brands & More
VICTORIA, Seychelles, Aug. 6, 2024 /PRNewswire/ — Newly formed investment company Bitrue Ventures, a satellite organization of the cryptocurrency exchange Bitrue, has today announced the first of their public partnerships, and successful completion of investment into Redacted and the RDAC coin.
Redacted is a high-potential startup working in the intersection between web3 and entertainment, with a focus on integrated gaming systems. Their RDAC coin acts as a utility token within the Redacted entertainment network.
In addition to funding provided by Bitrue Ventures, Redacted has secured over $10 million in funding from a range of investors, including Polygon Ventures, Spartan Group, Animoca Brands, Saison Capital, and numerous other investment funds.
“The breadth of investors into Redacted underscores both the quality of their fundamentals, as well as the sheer enthusiasm that investors have for promising web3 companies.” said Ryan Chan, Investor Principal at Bitrue Ventures. “Bitrue Ventures has supreme confidence in Redacted’s vision and potential, and fully believe that they are able to carve out a successful place for themselves in the $300 billion dollar gaming industry.”
RDAC already has a significant community presence, with heavy promotions underway from some of the largest influencers in the GameFi and NFT spaces. Their leadership team consists of veterans from high profile companies from a range of industries, including Tesla, Bank of America, and Kraken. They have positioned themselves to be a leading light in the world of web3 entertainment, and are set to expand their ecosystem, innovate, and engage a growing audience through strategic collaborations and advancements.
Bitrue Ventures was established in response to an elevated influx of capital into the industry from institutional investors and high net worth individuals, coinciding with a renewed interest towards web3 technologies from the greater public sparked by the ongoing AI revolution. Investor demand for cryptocurrency projects is increasing rapidly, and there is a market opportunity for a highly trained and specialized investment fund to identify and nurture promising start-ups. Bitrue Ventures has identified several key growth areas for the next market cycle, including GameFi, RWA, DePIN and AI, and anticipates completing more partnerships within these verticals.
More details about Bitrue Ventures activities with Redacted will be announced shortly. In addition, Bitrue Ventures will be announcing more partnership announcements within the upcoming months. Any young web3 companies that are seeking investment from Bitrue Ventures are invited to reach out to the team by sending their introductory materials to [email protected].
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Blockchain Press Releases
TiltPlay Launches as a Gaming Platform on the Soneium Ecosystem
“The Game is On”
TAIPEI, Jan. 23, 2025 /PRNewswire/ — TiltPlay, a gaming platform offering fast-paced and engaging casual games, is proud to announce its official launch on the Soneium ecosystem. This launch positions TiltPlay as dynamic, skill-focused gaming experience to the Web3 space.
TiltPlay combines accessible gameplay with innovative technology to deliver a seamless experience across platforms, including Telegram mini-apps and web browsers. The platform’s unique approach introduces:
- Exciting Game Variety: A growing library of casual games designed to challenge and entertain.
- Skill-Based Progression: Players are rewarded for their mastery and expertise, ensuring a fair and fun competitive environment.
- Web3 Integration: Built on Soneium, providing a decentralized and secure gaming experience.
“With TiltPlay, we’re redefining mini-games by putting fun and skill at the forefront,” said Jeffrey Huang, Product Director at TiltPlay. “Our collaboration with the Soneium ecosystem allows us to deliver a platform that’s accessible, enjoyable, and innovative for all players.”
TiltPlay is now live, inviting gamers worldwide to dive into its features, test their skills, and connect with a vibrant community.
For more information about TiltPlay, visit TiltPlay.gg.
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View original content:https://www.prnewswire.co.uk/news-releases/tiltplay-launches-as-a-gaming-platform-on-the-soneium-ecosystem-302357392.html
Blockchain Press Releases
Purchasers of Quantstamp QSP Tokens May Be Eligible for Payment from the Quantstamp Fair Fund
COSTA MESA, Calif., Jan. 22, 2025 /PRNewswire/ — The following statement is being issued by Simpluris, Inc., the SEC-appointed Fund Administrator.
UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
In the Matter of Quantstamp, Inc.
Administrative Proceeding File No. 3-21535
This Notice is Pursuant to a Distribution Plan approved by the United States Securities and
Exchange Commission in the captioned matter.
If you purchased or acquired Quantstamp QSP tokens from October 1, 2017, through July 20, 2023, inclusive, you may be eligible for a distribution from the Fair Fund created in the Securities and Exchange Commission (“SEC”) administrative proceeding captioned above (the “Fair Fund”).
The Fair Fund is being distributed pursuant to a Distribution Plan (the “Plan”) approved by the SEC. The Plan provides for the distribution of the Fair Fund to compensate investors based on their losses, due to the misconduct of Quantstamp, Inc. described in the SEC’s administrative proceeding, on the purchase of QSP tokens from October 1, 2017 through July 20, 2023. You can view and download a copy of the SEC’s order and the Plan on the Important Documents tab on the website for this matter: www.QuantstampFairFund.com/documents.
To be considered for eligibility for a Distribution Payment from the Fair Fund, you must timely submit a completed Claim Form online or via mail. Claim Forms completed online must be submitted on or before 11:59 p.m. Eastern Standard Time (“EST”) on April 10, 2025. Claim Forms submitted via mail must be sent to the address provided on the Claim Form and postmarked (or if not sent by U.S. Mail, received) by April 10, 2025.
You may complete the Claim Form online here: www.QuantstampFairFund.com/form/claim. Alternatively, you may download a paper copy from of the Claim Form on the Important Documents page www.QuantstampFairFund.com/documents, or request a copy of the paper Claim Form from the Fund Administrator via email at [email protected] or by calling 833-215-6101, for submission by mail to the address set forth on the Claim Form.
ADDITIONAL INFORMATION
Additional information regarding the Fair Fund, including copies of the Plan, the Plan Notice, the Claim Form, and other relevant documents may be found at www.QuantstampFairFund.com. You may request copies or seek additional information by contacting the Fund Administrator.
Email: |
|
Call: |
833-215-6101 |
Write: |
Quantstamp Fair Fund |
Fund Administrator |
|
P.O. Box 25381 |
|
Santa Ana, CA 92799 |
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View original content:https://www.prnewswire.co.uk/news-releases/purchasers-of-quantstamp-qsp-tokens-may-be-eligible-for-payment-from-the-quantstamp-fair-fund-302357433.html
Blockchain
Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
The post Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users appeared first on News, Events, Advertising Options.
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