Blockchain
MAFS-PLC: Announcement of OpenSea IPO
Dublin, Ireland–(Newsfile Corp. – February 8, 2022) – The Management Accounts Fund Services PLC team is pleased to announce the latest IPO for an offer, the first of its kind to be listed on a public market. An IPO for OpenSea is making its way to the US markets.
OpenSea is the biggest marketplace for everything that is digitally collectable. From rare digital items and NFT’s to crypto collectables. OpenSea is literally an ocean of everything digital. Browse through collectables, game items, domain names, and even digital representations of physical assets. The easiest way to get a picture of OpenSea is to look at it as a combination of Amazon and eBay for digital objects and collectables.
In the report of Brian Roberts, the new CFO of OpenSea, the company is already profitable. However, going public would help the company to acquire companies, strike partnerships, and create joint ventures. These measures would help OpenSea expand into new industries, Roberts said.
Roberts mentioned that OpenSea’s profitability makes it easy to list the company. Bloomberg reported that while he feels it’s the “ground floor” for the NFT industry and OpenSea as well, he’s already been looking over the plans for its upcoming IPO.
He added that the company’s IPO plans would include the community’s involvement in the process.
According to the team’s Head of Mergers & Acquisitions, Michael J. Reed MRes/PhD, an impending macros tsunami of IPOs and record-breaking growth is imminent, even in the face of the “continuation of geopolitical and macro-economy policy changes or the furthering of tighter regulations” as suggested by the currently applicable market data.
The team believes that such growth will have a profound positive impact on the global markets in 2020, considering how IPO companies, such as Opeansea, the world’s top NFT marketplace has amassed an impressive number of users (over 600 million) over the years.
MAFS Vision
MAFS considers 2021 as best year for IPO volumes and listings in history. Quoting Dialogic Data, it explained that it hit 1,000 offerings in the last month of the year with a record $315 billion raised to justify the conclusion. In comparison, the biggest money raised previously was $200 million.
Michael J. Reed explained further why he’s passionate about another IPO record-breaking full market in 2022. In his words, MAFS is “seriously charged up about this year’s profit booking opportunities: real-time growth, Blue Chip revenue increases and production costs reducing due to Automation. The emerging Tech, EV, AI, IPOs and equity hedge have risen against any downside to negative interest rates and inflation.”
Without Macro-Tsunami or not, the team opined that a top-down asset selection process backed up with risk management and bottom-up technical analysis across all asset classes makes it easy for Forex, stocks, bonds, commodities, derivatives, financial instruments, and the crypto world to shift their attention to IPOs while newcomers such as OpenSea has positioned itself as the first NFT platform to be listed on an open market.
About MAFS PLC
The MAFS-PLC explained that the company “provides portfolio management services and wide-ranging financial advice to their diverse client base. The brokerage firm is set to expand its global market share by opening new physical locations in central Europe and Southern Africa in 2022.”
The company has a proven track record in international asset allocation.
While explaining why the company is passionate about helping investors meet their goals, its Head of Mergers & Acquisition said: “The recent influx of investors has arisen directly from the pandemic and many people have claimed that they want to regain lost income because of the global shutdown. MAFS PLC has always been proud to serve a multitude of investors who want to start or grow their portfolios.”
Media Contact
Name: Holly Sullivan (International Press Officer)
Company: Managed Accounts Fund Services PLC
Email: [email protected]
Website: https://www.mafs-plc.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/113124
Blockchain
Exverse debuts its token on Bybit ahead of the FPS game’s launch
Exverse, a free-to-play game bringing a fresh take on AAA first-person-shooters to Web3, announces the launch of its native $EXVG token on ByBit, a top-three crypto exchange by volume with over 20 million users. The ByBit launch will be followed by spot listings on the MEXC and Gate exchanges. Ahead of its full alpha launch in mid-May, Exverse hosted a soft-launch tournament for 5,000 early registrees on April 15 with cash rewards for top performers.
During the last bull run, Web3 games rose to prominence under the play-to-earn mechanism that made games like “Axie Infinity” so popular. As this model became widely replicated, many of these blockchain-based games prioritized the crypto elements at the expense of the actual game aspects. This trend could be seen in practice by many titles opting to undergo a token launch before even having a working demo, disincentivizing developers to build a quality game, and leaving users with no ecosystem or functioning game to play and spend or the native currency in.
With Exverse approaching its full launch, players can earn $EXVG by performing well while using the native token to enter matches, purchase premium items, and more. The $EXVG token builds on Exverse’s extensive beta and serves as the ecosystem’s currency while the game’s community witnessed a 20 percent growth in verified signups within a month. Supporting Exverse in their token launch are prominent launchpads and incubators that include Seedify, ChainGPT, and GameFi.
To build momentum for its upcoming alpha launch in mid-May, Exverse showcased its game by holding an exclusive deathmatch-style tournament for 5,000 early wait listers on April 15. The five-day tournament, which took place on the game’s ‘Battle Planet,’ gives players a chance to demonstrate their skills and win rewards via stablecoins and tokens. With $50,000 in total up for grabs, the top 100 performers earned at least $200. Top five finishers earnings were dispersed accordingly:
1st place: $4,000
2nd place: $2,000
3rd place: $1,500
4th and 5th place: $1,000
Built using Epic’s Unreal Engine 5, Exverse utilizes blockchain technology to strike a balance between enjoyable, realistic, and immersive real-time gameplay. The game prioritizes skill over pay-2-win mechanics, enabling players to earn rewards by staking tokens before a season’s kickoff. Top performers receive a share of profits from in-game NFTs such as cosmetics and skins.
To support the ecosystem’s development, expansion, and growth while rewarding the team and its early supporters, 400 million $EXVG will be minted.
“We are extremely excited about our token launch and proud to work with a great partner like ByBit to make it happen,” says Fei Ooi Hoong, CEO of Exverse. “We worked tirelessly to develop a diverse, engaging, and intuitive first-person shooter capable of revolutionizing how the public views blockchain-based gaming. Our talented team tapped into its background in traditional gaming to develop a rich and immersive gaming experience and then strategically implemented the NFT elements and in-game economics to enhance the user experience.”
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Blockchain
39% of Canada’s institutional investors have exposure to crypto: KPMG
According to a report from CoinTelegraph, nearly forty percent of institutional investors in Canada have exposure to cryptocurrency, as revealed by KPMG. This finding underscores the growing acceptance and adoption of digital assets among institutional investors in the country.
The report indicates that a significant portion of institutional investors in Canada are actively investing in or exploring opportunities in the cryptocurrency market. This trend reflects a shift in sentiment towards digital assets, with more investors recognizing the potential for long-term growth and diversification offered by cryptocurrencies.
KPMG’s findings highlight the increasing mainstream acceptance of cryptocurrencies among traditional investors, as well as the growing interest in blockchain technology and its potential applications across various industries. As institutional investors continue to enter the cryptocurrency market, they are expected to bring additional capital and liquidity, further fueling the growth and maturation of the digital asset ecosystem.
Overall, KPMG’s report signals a significant milestone in the adoption of cryptocurrencies in Canada, indicating that institutional investors are increasingly recognizing the value proposition of digital assets and integrating them into their investment portfolios. This trend is likely to accelerate the broader adoption and mainstream acceptance of cryptocurrencies in the country and beyond.
Source: cointelegraph.com
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Blockchain
BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests
The BounceBit (BB) Megadrop is now open for participation, as announced by Blockchain.News. This event presents an exciting opportunity for users to earn BB tokens by engaging in various activities, including subscribing to BNB locked products and completing Web3 quests.
Participants can join the BB Megadrop by subscribing to BNB locked products or completing Web3 quests, both of which offer different avenues for earning BB tokens. By participating in these activities, users have the chance to accumulate BB tokens and potentially benefit from the rewards associated with the Megadrop.
Subscribing to BNB locked products allows users to earn BB tokens by locking their BNB assets for a specified period. This not only provides users with an opportunity to earn rewards but also contributes to the liquidity and stability of the BounceBit ecosystem.
Additionally, completing Web3 quests offers users an alternative way to earn BB tokens by engaging in various tasks and challenges related to Web3 technology. These quests provide users with a fun and interactive way to learn about blockchain and cryptocurrency while earning rewards in the form of BB tokens.
Overall, the BB Megadrop presents an exciting opportunity for users to participate in the BounceBit ecosystem and earn rewards by engaging in activities that contribute to the growth and development of the platform. As the Megadrop progresses, participants can look forward to additional opportunities to earn BB tokens and potentially benefit from the rewards associated with this event.
Source: blockchain.news
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