Blockchain
Digital Gaming Experience Spotlights Africa’s Growing Gaming Ecosystem
Tallinn, Estonia–(Newsfile Corp. – April 7, 2022) – The
Figure 1: Digital Gaming Experience Spotlights Africa’s Growing Gaming Ecosystem
https://www.youtube.com/watch?v=c-EPcnB4wB8
Other guest speakers included Alex Hilton, a former lawyer, now working in the crypto space who gave an attendee-favourite talk around the play and earn gaming ecosystem titled Nifty League: Pioneering the Future of Digital Gaming.
Grey Jabesi of Mamba Gaming addressed the audience in a discussion around the latest developments in the African gaming scene and the potential for growth. Through their scholarship program, the Mamba Gaming guild enables scholars to play-to-earn.
During the eSports segment of the event schedule, Clint O’Shea of African Cyber Gaming League (ACGL) took to the stage and shared some incredible insights about the future of eSports. In his talk, he touched on some of the issues of interest to the audience as far as whether eSports can compete with traditional sports and what the role of technology is in the eSports gaming industry, in addition to how gamers can benefit from partnerships, build audiences through streaming and monetize their content.
Shafee Abrahams of Limited Run Shop – a space and platform for sneaker enthusiasts and collectors of rare or exclusive sneakers gave a compelling presentation of how the team is planning to introduce non-fungible tokens (NFTs) to complement their existing business model. Their hope is to enhance their current offering, making it more attractive to their consigners, but also more appealing and value-adding to their customers.
The Digital Gaming Experience event was made possible by the support of Playbetr the #1 Licensed cryptocurrency focused casino & sportsbook with social gaming and a Paris Saint-Germain Official Betting Partner in Latin America. In attendance was Alakanani Itireleng of Satoshi Centre – a blockchain startup incubator and Frank Deya – both representing Playbetr. They shared their valuable insights with the audience around the changing nature of sports betting and the future adoption of digital currency payments in sports betting.
Playbetr had a limited time only offer requiring new users to simply sign up on the Playbetr platform and follow Playbetr’s Twitter, Instagram and Facebook as a condition for eligibility. The event was also promoted by Proudly Associated – a peer-to-peer marketing agency alongside Betr Models which is also part of the Playbetr ecosystem.
Ashton Wolfe of Crypto Fight Club gave a compelling talk about the Crypto Fight Club metaverse in which participants are able to mint a fighter in order to participate in play-to-earn games while taking true ownership of their in-game assets and participating in a new economy. Crypto Fight Club demonstrated a live NFT mint.
Other participants at the Digital Gaming Experience included Cyber Rhino Squad – an ecosystem aiming to utilize NFTs to create virtual safari experiences with the intention of helping with wildlife conservation.
The event was engaging, interactive and successful at showcasing real world use cases of NFTs/digital collectibles and their role in the burgeoning Web3 internet world where the Metaverse is expected to take centre stage.
“The common vision for all who participated was fostering community building and information sharing with the hope to help facilitate the creation of a thriving gaming and tech ecosystem locally,” said Heath Muchena, Founder of Decentralised News and the event host. “There were plenty of opportunities for attendees to network and create synergies for future collaboration. The audience was well-equipped with the know-how needed to leverage new innovations in the gaming space and the key takeaway was that blockchain-powered innovations are here to stay and will continue to disrupt and reshape traditional business models, making them more equitable and inclusive.”
Media contact:
Ashton Wolfe, Project Lead
Email: [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/119644
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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