Blockchain
LBank Exchange Will List Battle Esports Coin (BES) on January 20, 2022
Internet City, Dubai–(Newsfile Corp. – January 18, 2022) – LBank Exchange, a global digital asset trading platform, will list Battle Esports Coin (BES) on January 20, 2022. For all users of LBank Exchange, the BES/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on January 20, 2022.
Figure 1: LBank Exchange Will List Battle Esports Coin (BES) on January 20, 2022
The current eSports market is largely capitalized by corporate sponsors, it’s not easy and efficient enough for players to realize monetization via current B to C structure. To solve this problem, Battle Esports Coin (BES) token and Libes make C to C transactions possible so that they can boost the economic activity of players, provide new entertainment for users, and revolutionize eSports market with leading-edge blockchain technology. BES will be listed on LBank Exchange at 16:00 (UTC+8) on January 20, 2022, to further expand its global reach and help it achieve its vision.
BES x Libes: Liberty Through E-Sports
Libes is a platform built to create new economies in the eSports market and expand the economics and value of eSports itself. Within the Libes eSports platform, users can bet on the tournament matches, give social tippings directly to players, and purchase players’ original NFTs and service NFTs. Players will be able to receive revenue from these features, which will allow them to perform in a completely different way from their previous economic activities.
As Libes’ governance token, BES is created for use on the Libes eSports platform and serves as the platform’s voting rights. By decentralizing rights, Libes aims to become a self-sustaining decentralized organization (DAO) made up of players and users.
The value of the eSports betting industry alone is forecasted to grow as big as 13.05 billion US dollars by 2025. BES and Libes plan to offer a steady roll out of betting services on games and other event to provide a new revolutionary forms of entertainment that will distinguish their platform and suite of services from those of conventional bookmakers.
Targeting markets for eSports gambling worldwide, BES and Libes will capture most target players and interest from the most robust markets in Asia starting with China, Korea, and Japan followed by the United States, and Europe. With the expansion of online gambling and the increasing popularity of eSports, they aim to present a very interesting entertainment proposition to their target markets.
About Battle Esports Coin (BES)
BES token fulfills several purposes within the eSports gambling ecosystem. It serves as in-game currency and has exchange value inside the Libes eSports betting platform. Players can purchase BES tokens and place bets on eSports games as well as enjoy additional benefits from staking, tournament attendance, and engagement with the influencers defining the eSports scene. Implementing a DAO and reward mechanism, BES tokens can be earned by users for engagement and contribution within the ecosystem including the creation of NFTs, purchase of goods, gambling on tournaments.
BES is an ERC-20 token with a fixed initial issuance amount. Therefore, the distribution volume is limited, and the design is such that the value can be easily increased by creating demand. The total supply of BES is 100 billion (i.e. 100,000,000,000) tokens. 40% of it is provided for ecosystem, 17% is allocated for marketing, 15% is used for pre-sale/IEO, another 15% is provided for leadership, 6% is for initial liquidity offering, 5% is for sponsor, and the rest 2% is allocated to strategic advisor. BES is also prepared for staking on multiple DeFi platforms and can be rewarded.
The BES token will be listed on LBank Exchange at 16:00 (UTC+8) on January 20, 2022, investors who are interested in Libes investment can easily buy and sell BES on LBank Exchange by then. The listing of BES on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about BES Token:
Official Website: https://bes-libes.io/
Telegram: https://t.me/libesglobal
Twitter: https://twitter.com/libesglobal
About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users from now more than 210 regions around the world.
Start Trading Now: lbank.info
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Contact Details:
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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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