Blockchain
Infinity Ventures Crypto Makes a Strategic Investment in Ruby Play Network
Christchurch, New Zealand–(Newsfile Corp. – March 18, 2022) – Today, it has been announced that Ruby Play Network, a blockchain-powered, Web3 game discovery platform backed by the Binance Accelerator Fund – has acquired a strategic investment from Infinity Ventures Crypto, to continue the growth of their Ruby Play rewards ecosystem.
The investment from IVC caps off a busy month for the network, which has just finished their $6 million dollar funding round which included a successful New Zealand Crowdfunding campaign, public token presale and other strategic investments from Binance, Gate.io, Coinpresso and Yellow.org.
Infinity Ventures Crypto (IVC) makes investment in the Ruby Play Network
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Continuing growth of the Ruby Play Network
The Ruby Play Network provides a new kind of reward system that allows its users to earn the native token $RUBY as rewards for a variety of online games within their ecosystem for its own users, as well as for other partnered blockchain developers on the platform.
Since its inception, the project has focused on consistent and steady growth with its sights set on getting things right the first time. They are using their relevant industry experience to create quality and engaging play to earn games that provide real rewards for their users.
“We are excited to receive the investment from Infinity Ventures Crypto. IVC has an amazing portfolio and their investment in our team is a great sign that our Web3 and Blockchain discovery platform is on the right track.” – Rob Carroll – Chief Growth Officer – Ruby Play Network
“IVC is excited to support Ruby Play Network’s trailblazing vision to establish the next generation standard of loyalty and retention rewards for consumers – all from a decentralized and blockchain-powered platform.”- Brian Lu, Founding Partner at IVC
The Ruby Play Native Token – $RUBY
Trading on the RUBY token began this week with IDO’s on ACY.Finance and ApeSwap. This moved onto full CEX listings on Bitrue, ApeSwap’s exchange and ACY. In addition to the listings there are also farming and staking opportunities on these platforms with generous APY’s available for RUBY token holders.
RUBYs are the native token for the network and the backbone for the rewards ecosystem for the Ruby Play Network. The token is built on the Binance Chain and aims to provide its users with complete control and transparency over the rewards they earn. Unlike other tokens or coins in the crypto space, the native token is created to be independent of the volatility often seen in the industry, gaining its value from utility within the network ecosystem.
Updates on the Ruby Play Network are found on Telegram, Discord and Twitter.
Twitter: https://twitter.com/RubyPlayNetwork
Telegram: https://t.me/RPNDiscuss_Public
Discord: https://discord.com/invite/dr3tntuwNh
Media contact
Liam Quinlan-Stamp
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/117272
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.
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Blockchain
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Blockchain
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