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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Blockchain
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Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
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