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Blockchain

Ruby Play and Coinpresso Alliance Confirmed

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Christchurch, New Zealand–(Newsfile Corp. – December 4, 2021) –  Today, it has been announced that Ruby Play Network, a blockchain-powered, crypto gaming platform backed by the Binance Accelerator Fund – is pleased to announce a strategic alliance with Coinpresso in order to pioneer cryptocurrency innovation within New Zealand. The announcement see’s Coinpresso providing specialist crypto marketing support to Ruby Play, with a strategy now in place for the RUBY tokens listing on multiple exchanges, planned for early 2022.

Ruby Play Network and Coinpresso Partnership

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What is the Ruby Play Network?

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Ruby Play was initially created by a team of gaming and entertainment industry veterans based out of Christchurch, New Zealand, in 2018. The experience they have behind them is second to none, working with heavyweights like Disney, Zynga, Wargaming and Dreamworks. Additionally, they have received support from leading exchange Binance, receiving investment from the Binance Smart Chain Accelerator Fund, and are now seeing over 5 million dollars played through their US gaming division on average each month.

The Ruby Play Network provides a new kind of reward system that allows its users to earn the native token $RUBY as rewards for a variety of online games that they create and maintain. The project is responsible for several gaming verticals as well as the Ruby Play Token, $RUBY.

Ruby Play is more than just a gaming ecosystem for its own users, as the project also provides a service for various other partnered blockchain platforms that allows the issuing of RUBY tokens as rewards to their customers and users. They aim to empower their partner businesses and allow them to acquire and retain customers through the use of the native token.

Since its inception, the project has focused on consistent and steady growth with its sights set on getting things right the first time. They are using their relevant industry experience to create quality and engaging free-to-play games that provide real rewards for their users.

Ruby Plays Free-to-Play Online Games

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Currently, the project has two online free-to-play games Ruby Sweeper and Spin2Win, for users to take advantage of and earn real rewards for doing nothing more than participating.

Ruby Sweeper is a Minesweeper-esque online game that users can play without charge or restraint. Each day the user can submit their highest score to receive the associated rewards directly to their nominated wallet.

Spin2Win is a spinner-based game that allows users to spin the wheel once per day to earn rewards ranging from 10,000 Rubys to exclusive NFTs from artist Boomer_gm.

The Ruby Play Native Token – $RUBY

The native token for the network and the backbone for the entire rewards ecosystem is the RUBY token. The token is built on the Binance Smart Chain and aims to provide its users with complete control and transparency over the rewards they earn. Unlike other tokens or coins in the crypto space, the native token is created to be independent of the volatility often seen in the industry, gaining its value from utility within the ecosystem that they provide.

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The token can be earned as a free reward for engaging with games and content on the network. Users will be able to choose how to use their rewards, unlike other current points based rewards platforms.

The token separates itself from other similar reward point structures seen on other platforms by providing unparalleled utility. Holders of the rewards token can always know the value of their RUBYs and can accumulate these tokens for a variety of planned future uses that will soon include spending on special offers and discounts, as well as goods and services.

The Ruby Play Network and Coinpresso Partnership

Coinpresso – a leading marketing agency specializing in the blockchain vertical, has been brought on board as partners to the project to provide ongoing support as full stack digital marketing specialists, with web development, crypto SEO, and content being at the forefront.

The Ruby Play Network is gearing up to release their native token RUBY for public sale and is expecting their first listing to go live in early 2022. They have a long list of planned developments and game releases coming in the near future, including but not limited to – a new game Strawberry Sweeps and its associated staking platform, NFT staking, a new and refreshed website, as well as exchange listings.

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The project is creating a blockchain reward platform platform for businesses to engage and retain their customers, using the RUBY token as a new type of reward. In doing so, they are providing an ongoing use case and increased adoption for their token.

The advantage they possess is the combined knowledge of the blockchain world and the gaming industry that goes into every step of their strategy. As the gaming industry exponentially grows and adoption for blockchain into this industry becomes more established, Ruby Play will be at the forefront of this revolution and will bring its holders and players along with them.

Twitter: https://twitter.com/RubyPlayNetwork
Telegram: https://t.me/RPNDiscuss_Public
Discord: https://discord.com/invite/dr3tntuwNh

Media Contact:
Curtis Ramsay
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/106652

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Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

LCT Secures VARA In-Principle Approval, Defining Its Role in Dubai’s Crypto Landscape

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Blockchain

Bybit One-Click Buy Offers a Winning Chance in First-Time Deposits Lucky Draws

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Blockchain

Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)

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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.

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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.

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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

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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:

  1. Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
  2. Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
  3. Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
  4. Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
  5. 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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