Blockchain
Rock Paper Scissors to Launch Its League on 19th December, 2021, the First of Its Kind Blockchain League
London, United Kingdom–(Newsfile Corp. – December 18, 2021) – Rock Paper Scissors (RPS) League team is proud to inform the community regarding its launch on 19th December, 2021.
Figure 1: Rock Paper Scissors to launch its league on 19th December, 2021, the FIRST of its kind blockchain league.
RPS league is a Play-to-Earn launching into the Binance Smart Chain with rules based on the famous and know Rock Paper Scissors, the same millenary game that has transcended cultures and centuries since more than two thousand years ago.
RPS League History
The project started with an idea based on a sustainable economy and then matched with a game that has thousands of years in the history and is known in the whole planet.
It was founded on April of 2021, and on the 3rd of November 18, 100 NFT’s were already listed on the market.
RPS Different Razes
There exist different raze and benefits on each NFT. The quantity of rarities are 5 and they go from Humans to Robot.
Users can also own the Lands, where the matches are going to be played and get rewards any time somebody plays in that land.
There are wearable as rings, bracelets and hand watches that will help users to level up, get more daily energies to play and more.
RPS Playing Rules
To play users need RPS NFT, which will form the Teams. Users can find different modes to play like PVE (Player vs environment), which motor is based on a Play-to-Earn with an economy regulated by an Oracle.
Users can also play on PVP (Player vs Player), where you will be able to access to different bet rooms and play against player from all over the world. RPS also aiming to create weekly leagues, where users have to play to get a good place in the ranking for higher benefits.
RPS Mission
RPS team aims to build a strong economy to attract users and provide option that will improve the economy of thousands people by playing a game and making its economy work.
The vision is to continue with the transcendental history of rock paper scissor game and make it travel again all around the planet with this blockchain/NFT version. And to eventually get to E-Sport events.
Audited contracts: https://drive.google.com/drive/folders/1DDmGMZtkSN0lZ-4V1bXyui_XjeTEdkIC?usp=sharing
PancakeSwap: https://pancakeswap.finance/swap?inputCurrency=BNB&outputCurrency=0x267022751e06d97b9ee4e5f26cc1023670bdb349
Biswap: https://exchange.biswap.org/#/swap?outputCurrency=0x267022751e06d97b9ee4e5f26cc1023670bdb349
Bkex: https://www.bkex.com/trade/RPS_USDT
Bitrue: https://www.bitrue.com/trade/rps_usdt
Twitter: https://twitter.com/rpsleague_nft
Discord: https://discord.gg/uQ9FeKD6fK
Telegram Group: https://t.me/rpsleaguenft
Telegram Channel: https://t.me/rpsleagueannouncements
Telegram Chinese: https://t.me/RPSleague_china
Media Details
Company Name: RPS League
Contact Name: Jufre Labs
Email: [email protected]
Website: https://rpsleague.io/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/108049
Blockchain
Supply Chain Finance Market Forecast to Reach $9.4 Billion by 2029: Increasing Emphasis on Sustainable Sourcing
Global Supply Chain Finance Market
Blockchain
Web3 Startups Raise Nearly $1.9B in Q1 2024 Despite Overall Downtrend in Crypto VC Interest
Venture capital funding for cryptocurrency and blockchain projects has seen a notable resurgence in the first quarter of 2024, marking its first quarterly rise since 2021. Crunchbase data released today indicates that Web3 startups secured nearly $1.9 billion in funding across 346 deals during this period. This represents a substantial 58% increase from the previous quarter, offering a glimmer of hope amidst the ongoing downward trend in overall crypto VC interest.
The recent surge in funding can be attributed to investors adopting a more long-term perspective on Web3, as opposed to the hype-driven “tourist investors” predominant in recent years. Chris Metinko, the author of the report, notes that investors are shifting their focus to the AI sector, indicating a change in investment strategy. There is a growing interest in supporting the foundational infrastructure of the decentralized internet, rather than solely concentrating on crypto wallets and lending platforms, which attracted significant investments during the peak period of 2021 to 2022.
While large funding rounds were relatively uncommon in Q1, several notable investments stood out. Exohood Labs, a company integrating AI, quantum computing, and blockchain, secured a remarkable $112 million seed round at a valuation of $1.4 billion. EigenLabs, an Ether token “restaking” platform, raised $100 million in a Series B round led by a16z crypto. Additionally, Freechat, a decentralized social network leveraging blockchain technology, secured $80 million in a Series A round. These investments, among others, contributed to the increase in valuations and the emergence of four new Web3 unicorns in Q1.
Despite the recent progress, the future trajectory of Web3 remains uncertain. Metinko suggests that the next few quarters will be pivotal in determining the industry’s direction. While investors anticipate a rebound in investment as the decentralized internet evolves, it may take another year for venture capital activity to stabilize after the exuberance of 2021. Factors such as the approval of U.S. spot Bitcoin exchange-traded funds and the upcoming Bitcoin halving could also influence the market, given the rising prices of Bitcoin and Ether.
A noteworthy example of significant funding in the Web3 space is Monad Labs’ recent successful funding round, which secured $225 million led by Paradigm. Monad Labs is a layer-1 blockchain compatible with Ethereum, offering faster transaction processing. This funding round harkens back to the golden era of crypto funding in 2021-2022, when L1 solutions attracted substantial investments.
Earlier this year, Balance, a digital asset custodian based in Canada, announced that it had once again reached $2 billion in assets under custody (AUC) amidst the recent market recovery. Similarly, Korea Digital Asset (KODA), the largest institutional crypto custody service in South Korea, has experienced remarkable growth in crypto assets under its custody, expanding by nearly 248% in the second half of 2023.
Analysts at Bernstein Research project that crypto funds could reach an impressive $500 billion to $650 billion within the next five years, representing a significant leap from the current valuation of approximately $50 billion. This forecast underscores the growing optimism and potential for substantial growth within the crypto industry in the coming years.
Source: cryptonews.com
The post Web3 Startups Raise Nearly $1.9B in Q1 2024 Despite Overall Downtrend in Crypto VC Interest appeared first on HIPTHER Alerts.
Blockchain
ASIC cracks down on blockchain mining firms
Three blockchain mining companies – NGS Crypto, NGS Digital, and NGS Group – along with their directors, Brett Mendham, Ryan Brown, and Mark Ten Caten, are facing legal action from the Australian Securities and Investments Commission (ASIC) for allegedly operating without a license, in violation of Australia’s Corporations Act. ASIC initiated legal proceedings against these entities on April 9, citing concerns about their non-compliance with financial regulations and their solicitation of Australian investors.
According to ASIC, the NGS companies promoted blockchain mining packages with fixed-rate returns to Australian investors, encouraging the transfer of funds from regulated superannuation funds to self-managed superannuation funds (SMSFs) for conversion into cryptocurrency. Approximately 450 Australians invested a total of around USD 41 million in these packages, raising concerns about potential financial losses.
The legal action filed by ASIC alleges that the companies violated section 911A of the Corporations Act, which prohibits companies from providing financial services without a valid Australian Financial Services Licence (AFSL). ASIC is seeking interim and final court orders to prohibit the NGS companies from offering financial services in Australia without an AFSL.
ASIC Chair Joe Longo emphasized the importance of investors carefully considering the risks before investing in crypto-related products through their SMSFs. Longo stated that ASIC’s actions send a message to the crypto industry about the regulator’s commitment to ensuring compliance with regulations and protecting consumers.
In a separate development, the Federal Court appointed receivers for the digital currency assets associated with the NGS companies and their directors to safeguard these assets amid concerns about the risk of dissipation. Mendham was also issued a travel restriction order, preventing him from leaving Australia.
While a court date for the proceedings has not been set, ASIC’s investigation is ongoing, with the regulator continuing to gather evidence and build its case. It is worth noting that the investigated companies share a similar name with NGS Super, a legitimate Australian pensions provider, leading to potential confusion among investors. NGS Super clarified that it is not involved in selling cryptocurrency or related products and has taken legal action to protect its trademark and members’ interests.
Source: iclg.com
The post ASIC cracks down on blockchain mining firms appeared first on HIPTHER Alerts.
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