Blockchain
Introducing SIMP – Token for the Entertainment Industry
Cape Coral, Florida–(Newsfile Corp. – December 13, 2021) – Introducing SIMP – Token for the Entertainment Industry. $SIMP, the no.1 token serving the entertainment industry, as a first mover in the current entertainment market, $SIMP provides a unique experience and platform stability for creators and consumers alike, reinstating the freedom to excite and entertain within a social setting without interference from outside institutions.
Figure 1: Introducing SIMP – Token for the Entertainment Industry
To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/8378/107486_capture.jpg
NO MORE EXTORTIONATE PROCESSING FEES
$SIMP operates on the blockchain thus providing anonymity to the transactions happening between the bank and content creators, this is realized by separating the bank and the content creator by a bridging $SIMP purchase which means that there is no perceived “Reputation Loss”, therefore reducing the fees drastically, additionally, the blockchain is naturally cheaper than the banking ledger system and thus reducing the transaction fees.
NO MORE FRIENDLY FRAUDS
All the transactions are operated on the blockchain and the nature of blockchain technology is such that no $SIMP transaction can take place without the user expressly signing off on the transaction before it takes place. Not only that, every transaction made in $SIMP is anonymous, even if a user uses their credit card to buy $SIMP, the only payment that will be recorded by a financial institution is the purchase made through the cryptocurrency exchange.
Once the tokens are transferred into a DeFi wallet, say Metamask, they are no longer tracked to your personal information, making $SIMP the most reliable way for the users to enjoy content while fully protecting their right to privacy.
$SIMP delivers what the entertainment industry desperately needs – a safe anonymous and secure payment method that enables the creators to earn a living on fair terms, and for fans to be able to enjoy their content without sacrificing their right to privacy.
$SIMP has been integrated with two functional content platforms: Pocketstars and Rockstars as an active payment method, with over 20,000 holders $SIMP is already listed on the Top-40 centralized crypto exchange- BitMart, which receives an average of $400 million in daily volume. In a short span of 8 weeks, $SIMP has accomplished huge milestones as well as partnerships with Slink: Your digital Business Card, Phreak, and last but not limited to XXXNifty which is the world’s largest adult NFT marketplace.
THE CORE TEAM
The Team behind $SIMP is a group of highly dedicated, talented, and skilled professionals that have plans ready to take this project to a $150 million value in market capitalization and beyond. The current team consists of:
Ben Sansom: Ben has worked with some of the biggest names in corporate, sports, and entertainment, boasting a marketing career spanning over 8 years, with a current focus on supporting the founders to develop and launch explosive projects.
James Hague: James is a qualified accountant with a background spanning numerous industries including Commodities, Gaming, and High-end Sportscars. James established a strong network in his career while working with some of the highest-performing McKinsey Consultants within Transformational departments.
Thomas Sileghem: Thomas has 7 years of experience in Web & Software Development apart from being involved in blockchain development for over 6 years, Thomas was responsible for building PocketStars & RocketStars and has taken charge of the integration of $SIMP onto both the platforms.
Poppy Evans: Poppy has a following of over 100,000 within the industry in just 2 years, she is incredibly passionate about securing the future of fellow creators and the industry. Poppy has worked with some of the biggest names in the United Kingdom. The rest of the team believes that her passion will drive $SIMP in the right direction for the community.
EXPANDING THE $SIMP BRAND
Increasing awareness of the brand potential and expanding list of use-cases through marketing, partnerships, and community outreach is one of the prime goals of the team at the moment, they understand that in order to cement themselves as a cornerstone of this industry they need to work with strong partners hence they continue to forge long-lasting partnerships by promoting mutual beneficiary alliances in order to instate $SIMP as the hallmark of reliability in the enterprise.
A word from their current partners:
SLINK: “Many PocketStars content creators were already using the Slink Platform, so it only seemed like a natural progression to build and develop our partnership with $SIMP. For the future, deeper integrations between ourselves will see $SIMP being pushed to our mainstream users as a simple and reliable payment service.”
PHREAK: “We are delighted to be partnering with $SIMP, bringing more pleasure to a wider Phreak community. We’ve worked with PocketStars creators several times before, so it was important for us to support and help them with the amazing work they’re doing, but also important to how these guys see the world and how much they care about providing quality products and services.”
XXXNIFTY: “We’ve known Ben for some time now, and felt the time is now right to team up; after all, two heads are better than one. Partnering with $SIMP is a real show of force to our competitors, and allows us to both our knowledge bases, and exchange in technical capital to reach our goals. I can’t wait to unveil our plans.”
EMPOWERING PAYMENT PROCESSING SOLUTIONS
Continuously improving the payment processing solution and simultaneously increasing $SIMP’s adoption rate by educating users/creators across the platforms will make this project a huge success in the entertainment industry. In addition to a strong head-start on their use-case cultivation, $SIMP possesses both capital and insider knowledge that is unmatched by any other in the industry.
$Simp/USD toggle: Empowering the creators by implementing a sliding scale that splits earnings between USD and $SIMP at a percentage chosen by the creators.
UI improvements: They are streamlining the website’s UI to make purchasing, depositing, staking, and moving $SIMP tokens as simple and intuitive as possible for the user.
On-ramp: Allows the use of credit cards to purchase $SIMP directly and discretely through the user’s platform of choice.
INCREASING TOKEN ACCESSIBILITY
With over 20,000 holders, $SIMP is now preparing to knock down the barrier between them and their potential buyers. It is difficult to purchase cryptocurrency in the DeFi space as it comes with a learning curve and understanding a set of different tools utilized in the process. This can be skipped by being listed on centralized exchanges. $SIMP is already listed on BitMart and along with that the team is in the process of finalizing the details with 4 more centralized exchanges and aims to acquire new listings at least once a month.
The ON-RAMP integration will enable people who don’t invest in crypto to buy their $SIMP using their credit cards directly from the native platform thus opening doors for waves of investors that the project wasn’t able to access before.
PIONEERING NEW MARKETS:
The team has been cautious in maintaining an ethos of “Under-Promise and Over-Deliver,” Powered by their payment processor, and utilizing the experience and expertise from xxxNIFTY, $SIMP is developing a state of the art easy to use NFT marketplace. They aim to leverage the PocketStars brand to create NFTs tied to real-life creators, underpinned by collectability mechanics and gamification to drive truly unique value. They are also working on Metaverse compatible NFT skins and characters about which more will be heard in future updates.
TOKENOMICS
The token is subjected to a tax of 7.5% on every transaction out of which 3 percent goes to the marketing wallet and 4.5% percent to provide reflection rewards to the holders.
STAKING IMMINENT
Apart from rewards in reflections, $SIMP holders will be able to reap even greater rewards through staking their tokens. The team is working on developing a fully decentralized Staking UI. With staking, $SIMP holders will be able to receive compound interest on their tokens by adding them to a staking pool as means of helping to facilitate block confirmation protocols.
Important Links:
Website: www.letsallsimp.com
Telegram : https://t.me/letsallsimp
Twitter: @letsallsimp
Instagram: @letsallsimp
Email : [email protected]
PR Contact –
Dave Ruiz
[email protected]
https://telegram.me/cryptokidfinance
Blockchain
World Chess and the Algorand Foundation propose leveling the playing field with a “chess passport”
In a whitepaper published today, World Chess (LSE: CHSS) and the Algorand Foundation (ALGO) conceptualize a new blockchain-based system that would establish secure, private, and verifiable credentials for global sports organizations, including chess. Grandmaster Evgenij Miroshnichenko contributed to the paper alongside the Algorand Foundation and World Chess.
The move comes as interest in chess hits a new high, driven by popular television series on Netflix and the BBC, the 2024 awarding of the youngest-ever world chess champion, and the inclusion of chess for the first time in the Esports World Cup later this year.
If adopted, the system would allow chess players to independently manage their identity and credentials across all chess platforms and organizations with a single decentralized ID, and one login credential for everywhere they play. They could then easily “port” their identity, achievements, records of play, rankings, and rewards across online chess platforms, as well as seamlessly from the digital world to in-person games and tournaments. This provides them with a much easier way to prove their identity, no matter their status or documentation; it would also reduce tournament application times significantly. Chess organizations would then be able to welcome even more players to their competitions, including those who have built their chess career solely online, as well as players who have previously only competed in tournaments held by other organizations.
Among other benefits, the adoption of a “global chess passport” would make it much easier for organizers and chess clubs and federations alike to onboard and register players, both online and offline.
Another benefit of the proposed system is to safeguard fair play. As chess becomes increasingly integrated into e-sports and online competitions, the use of AI programs or player fraud (one player representing another) is an increasing concern. Being able to confirm player integrity (including whether they have been banned for cheating on any other platform) ensures credibility of chess contests and competitions. These verifiable credentials also preserve player privacy. They can be used to confirm player eligibility and relevant identity data without providing access to sensitive documentation, such as passports. Finally, identity verification also prevents fraud in tournament payouts. Phishing and other attempts to steal winnings are on the rise; this ensures only the rightful winner can access their prize funds.
“I think that chess needs its version of the global e-version of drivers license. It’s a global game, and using blockchain for the benefit of having one universal independently verifiable ID is something that both players and organizers will certainly benefit from,” says Ilya Merenzon, CEO of World Chess.
“This initiative is not just about chess; it’s about the future of fair play and verifiable achievement across all sports and esports,” said Bruno Martins, principal architect at the Algorand Foundation and co-author of the whitepaper. “Chess has a rich history of proving the usefulness of new technologies. In this case, World Chess is showing the integrity, privacy, and portability of records in any competitive arena is not only possible – it’s in the best interest of every player, everywhere.”
Statista estimates that the market for esports should reach $4.8 billion in 2025, with nearly 900 million players by 2029 (source), all of which could benefit from better cross-platform registration for online and in-person competitions.
The full whitepaper and more information about the proposed open-source system can be found here. Chess platforms, esports organizations and other parties interested in contributing to the project can get involved by contacting [email protected].
The post World Chess and the Algorand Foundation propose leveling the playing field with a “chess passport” appeared first on News, Events, Advertising Options.
Blockchain
Blocks & Headlines: Today in Blockchain – April 23, 2025 – EDPB, Binance, MicroCloud, Nile Coin, TruaBroker
Welcome to Blocks & Headlines, your daily op-ed–style briefing on the most significant developments in blockchain technology and the cryptocurrency industry. Today’s dispatch spotlights landmark privacy guidelines from the European Data Protection Board, Malaysia’s engagement with Binance’s founder to turbocharge digital finance, a groundbreaking blockchain reconstruction solution from MicroCloud Hologram, the impending launch of Nile Coin on Solana by Hyperscale Data’s subsidiary BitNile.com, and Trua’s AI-driven TruaBroker compliance platform. These stories underscore how regulation, infrastructure innovation, token launches, and compliance automation are shaping Web3’s next chapter.
1. EU’s Privacy Guardrails: EDPB Proposes Blockchain Data Access Guidelines
Source: Decrypt
The European Data Protection Board (EDPB) has published draft guidelines aimed at reconciling blockchain’s immutable architecture with GDPR’s privacy mandates. Key directives include avoiding on-chain storage of personal data when it conflicts with Data Protection by Design and by Default, conducting Data Protection Impact Assessments (DPIAs) for high-risk processing, and implementing organizational and technical measures to limit default data access to an “indefinite number of persons” Decrypt.
Op-Ed Insight:These guidelines mark a pivotal moment. By mandating privacy-by-design and off-chain anchoring of sensitive information, the EDPB effectively pressures projects to adopt hybrid architectures—where on-chain transparency coexists with off-chain confidentiality. While defenders of pure decentralization decry potential censorship, privacy advocates hail these guardrails as essential to prevent authoritarian misuse of immutable ledgers. Ultimately, projects that bake data protection into their smart contracts and storage layers will secure both regulatory compliance and user trust.
2. Malaysia Taps Binance’s CZ for a Blockchain Finance Overhaul
Source: Bitcoin News
Malaysian Prime Minister Anwar Ibrahim has initiated high-level discussions with Changpeng Zhao (CZ), Binance’s founder and former CEO, to position Malaysia as Southeast Asia’s preeminent hub for tokenization and digital finance. The dialogue focuses on leveraging blockchain to modernize capital markets, streamline cross-border payments, and foster regulatory sandboxes that attract global Web3 startups Beamstart.
Op-Ed Insight: Engaging CZ signals Malaysia’s ambition to leapfrog legacy financial architectures by importing Binance’s exchange expertise and compliance playbooks. Yet success hinges on crafting balanced regulations that encourage innovation without compromising investor protection. If Malaysia can marry CZ’s technical insights with proactive oversight—such as clear licensing pathways for decentralized exchanges—it could catalyze a shift in regional capital flows from traditional finance hubs like Singapore to Kuala Lumpur.
3. MicroCloud Hologram’s VSS-Powered Blockchain Reconstruction Solution
Source: PR Newswire
MicroCloud Hologram Inc. (NASDAQ: HOLO) unveiled an innovative blockchain reconstruction solution that employs Verifiable Secret Sharing (VSS) technology to split and distribute private key shares across distributed nodes. Four core components—VSS-based key sharding, redundant node storage, dynamic participant verification, and incentive-driven reward/penalty mechanisms—enable rapid, trustless restoration of blockchain data integrity following attacks or node failures PR Newswire.
Op-Ed Insight: As DeFi and on-chain finance proliferate, uninterrupted availability and data consistency have become paramount. MicroCloud’s VSS approach transforms reconstruction from a centralized recovery process into a decentralized protocol, minimizing reliance on any single custodian. This paradigm could redefine disaster-recovery benchmarks: imagine an exploited smart contract whose state is instantly rebuilt through pre-sharded secrets, preserving transactional continuity without manual key escrow.
4. BitNile.com to Launch Nile Coin on Solana Blockchain
Source: GlobeNewswire
Hyperscale Data, Inc. (NYSE American: GPUS) announced that its social gaming subsidiary BitNile.com will launch Nile Coin on Solana on May 1, 2025. Solana’s high throughput and low fees position it as an optimal platform for BitNile’s gaming ecosystems, where Nile Coin will fuel in-game economies, reward completions, and facilitate peer-to-peer transactions. Further details on tokenomics and utility are expected in the coming weeks GlobeNewswire.
Op-Ed Insight: While new token launches are ubiquitous, Nile Coin’s Solana-native design leverages one of the fastest blockchains for scalable micro-transactions—a critical requirement for social gaming. Success will depend on robust token utility, partnership integrations, and community incentives. If BitNile.com can embed Nile Coin across multiple entertainment verticals (e-sports, virtual concerts, NFTs), it could ignite a network-effect flywheel, bolstering both user engagement and on-chain liquidity.
5. TruaBroker: Automating Compliance with AI-Powered Trust Credentials
Source: PR Newswire (via Benzinga)
Trua, a leader in digital trust credentials, launched TruaBroker
, a cloud-based platform that automates compliance for broker-dealers and Registered Investment Advisors. Built on Trua’s patented Continuous Evaluation engine, TruaBroker delivers real-time monitoring of FINRA, SEC, and NFA records; identity verification; and continuous credential checks—all without IT integration. Its AI algorithms flag licensing gaps, disciplinary histories, and civil actions, enabling firms to maintain audit readiness and mitigate risk proactively Benzinga.
Op-Ed Insight: In an era when on-chain transactions intersect with regulated financial activities, seamless compliance is non-negotiable. TruaBroker’s model—issuing reusable, verifiable digital credentials anchored by blockchain—offers a blueprint for how KYC/AML processes can evolve into dynamic, trustless workflows. As DeFi platforms eye tokenized securities and on-ramps, integrating similar continuous-evaluation mechanics could become a competitive differentiator, blending self-sovereign identity with regulatory assurance.
Conclusion
Today’s headlines illustrate blockchain’s multifaceted evolution: from regulatory frameworks enforcing privacy and consumer rights, to infrastructure innovations that ensure resilience; from national strategies enlisting industry titans to drive tokenization, to platform launches forging new digital economies; and from compliance automation transforming institutional trust to AI-powered credentialing.
As the space matures, successful projects will be those that:
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Embed privacy and compliance by design—aligning with GDPR and global regulations.
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Invest in self-healing architectures—leveraging cryptographic primitives like VSS.
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Cultivate vibrant token ecosystems—anchored on high-performance chains.
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Adopt continuous, AI-driven governance—bridging the gap between Web3 innovation and traditional financial oversight.
Stay tuned to Blocks & Headlines for incisive commentary and daily updates on the blockchain stories that shape tomorrow’s decentralized future.
The post Blocks & Headlines: Today in Blockchain – April 23, 2025 – EDPB, Binance, MicroCloud, Nile Coin, TruaBroker appeared first on News, Events, Advertising Options.
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