Blockchain
BlockchainK2’s Amplify Games Acquires Leaptrade for NFT Gaming Marketplace
Vancouver, British Columbia–(Newsfile Corp. – November 15, 2021) – BlockchainK2 Corp. (TSXV: BITK) (OTCQB: BIDCF) (FSE: KRL2) (“BlockchainK2” or the “Company”) is pleased to announce the acquisition by wholly owned subsidiary, Amplify Games of assets from Leaptrade LLC. Leaptrade is a gaming marketplace that has a long-trusted history with over 10 years in the gaming space. BlockchainK2 recognized this opportunity to accelerate its vision of introducing crypto and NFT’s to mainstream gamers and further build out Amplify Games’ portfolio.
“We are excited to take this next step in building out Amplify’s capabilities by creating a class-leading gaming marketplace that will not only serve the existing needs for trading retro and other physical cartridges and discs, but will be a bridge for many gamers to trade digital items and NFT’s for the first time,” says Tony Caputo, CEO of Amplify Games. “We are not here to simply ride the current NFT trend, we are building a long-term strategy that will organically bring gaming NFT’s and crypto to a far larger mainstream gaming market.”
BlockchainK2 is undertaking a complete re-imagining of the current Leaptrade marketplace. The new marketplace will continue to support retro games through the buying/selling of physical cartridges and discs. This redesign will then expand the marketplace offerings to include digital game keys from Steam, Xbox, PlayStation, Nintendo, etc. as well as digital in-game items and gaming-based NFT’s. This re-imagined marketplace will launch in Q1 of 2022, just in time to take advantage of the re-selling opportunities after the holiday season.
A key component of this new marketplace will be fostering crypto adoption by allowing gamers/sellers to accept cryptocurrency in exchange for the games and items they sell. The marketplace’s community-based focus along with this new on-ramp for crypto will uniquely position it as a leader in advancing crypto adoption in the gaming community. The game/item trading community is a group well positioned to embrace NFT’s and cryptocurrency in a significant way.
About LeapTrade
LeapTrade is based in the New York metro area and it was founded in 2010 to disrupt the way videogames are priced and purchased on the used market. It is built on a strong community of gamers trading securely on a marketplace that is easy to use and is accessible to all gamers. Leaptrade originally started out trading only physical discs and cartridges but has since branched out into the digital gaming space and is looking forward to the future of cryptocurrency and trading game based NFT’s.
For More information on Leaptrade, please visit:
About Amplify Games Inc.
Amplify Games is a gaming technology platform that is solving the problems of today with technology that will empower the future of digital game distribution and promotion. The platform uses blockchain technology to change the current studio, publisher, influencer paradigm. This combination of the needs within the gaming industry and the solutions that blockchain and NFT’s can provide to meet those needs will enable Amplify Games to take advantage of tremendous opportunities in the $45 billion digital games market.
For more information about Amplify Games, please visit http://www.amplifygames.io./.
About BlockchainK2 Corp.
BlockchainK2 Corp. is a holding company investing in blockchain technology solutions for capital markets and other sectors that can be made more efficient through tokenization. The Company is currently invested in RealBlocks, a technology platform for private equity, private credit and real estate that provides tokenized secondary trading of LP interests. The Company also has executed a joint venture agreement with Standard Power, an industrial scale crypto currency mining facility with very low power costs in the United States. For information on BlockchainK2 Corp., please visit www.blockchaink2.com.
For further information, please contact:
Sergei Stetsenko, CEO
604-630-8746
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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