Blockchain
Crypto Oasis Partners with GamesCoin Group to Bring Their Blockchain Gaming Metaverse to the Middle East
GamesCoin Group will start their worldwide promotional roadshow “MOMENTUM” in Dubai with an exclusive event on 21st April ’22
Key Highlights:
- Crypto Oasis welcomes GamesCoin Group into their growing blockchain ecosystem to drive blockchain gaming in the Middle East.
- GamesCoin Group is all set to launch a business entity in Dubai to transform the gaming sector in the region.
- GamesCoin Group’s massive international promotional tour “MOMENTUM” kicks off in Dubai before moving to Europe and the US.
- The GamesCoin Group will introduce the world’s first ‘Play to Own’ metaverse platform on the blockchain.
Dubai, United Arab Emirates–(Newsfile Corp. – April 20, 2022) – GamesCoin Group is a German blockchain gaming organization that has created a ground-breaking ecosystem for a gaming world that is more immersive and boundary-blurring than ever. Its partnership with Crypto Oasis is game-changing and exciting for the Middle Eastern crypto market because blockchain is restructuring the gaming industry, and GamesCoin Group is leading this revolution.
Figure 1
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GamesCoin Group’s new alliance with Crypto Oasis will help realize the potential of the Middle East’s fast-growing gaming sector. Gaming revenues in the MENA region were worth $5.4 billion in 2021. Dubai is GamesCoin Group’s first stop as it looks to expand globally and transform Avant-gardé blockchain technology into tangible experiences.
As part of their international promotional tour “MOMENTUM”, they are holding an exclusive event in Dubai on 21st April 22. The event will start at 6:30 pm at MetaTerrace, Central Park Towers, DIFC, 32 Gate LE. GamesCoin Group will tour Europe next, beginning with Crypto Valley in Zug, Switzerland, followed by Berlin. The tour moves across the Atlantic to New York, coming back to Cologne and concluding in Dubai again by November this year.
“With GamesCoin, we will rewrite the history of the gaming industry. Knowing that we have a partner at our side who is just as experienced and visionary makes us even prouder. We are thrilled to be working with Crypto Oasis at the cutting edge of combining gaming and crypto to build the real metaverse,” says Alex Suárez, Founder & CEO GamesCoin Group.
The event will offer mixed reality experiences and spectacular views of the Burj Khalifa and Dubai skyline. The GamesCoin Group ecosystem will be presented to the public first. The guests and prospective partners will have an incredible opportunity to be part of the creation of a new and extraordinary NFT that will enable them to become a part of GamesCoin Group ́s revolutionary metaverse.
The roadshow will allow GamesCoin Group to present the world’s first ‘Play to Own’ metaverse platform on the blockchain. This disruptive tech is gaming history in the making, and attendees can secure their place in GamesCoin Group’s innovative and revolutionary gaming metaverse.
Linking blockchain with the gaming industry opens up a whole new world of possibilities transforming the gaming industry. To fulfil its mission to revamp and restructure gaming, GamesCoin Group has the support of a regional blockchain powerhouse, Crypto Oasis. GamesCoin Group can take advantage of the unique business value Crypto Oasis offers with its world-class infrastructure and talent.
Blockchain gaming is relatively new, but it is one of the fastest-growing segments of the nearly $200 billion global gaming industry. GamesCoin Group builds on Hadean’s pioneering technology to create a virtual world that allows “Play to own” gaming on the blockchain. As the overlap of people’s digital and physical lives increases, the metaverse is becoming the future of social interaction, offering countless innovative possibilities in the gaming experience.
GamesCoin Group has a hub for game developers and publishers, and they also have an integrated currency that can be used in all game worlds. They have a comprehensive ecosystem that allows developers and publishers to capitalize on innovative and traditional parts of the gaming industry.
Blockchain technology allows gamers to own in-game assets, creating legitimacy and permanent value. Creating digital assets in games also makes them an attractive investment choice. Monetizing gameplay in return for NFTs or cryptocurrencies is GamesCoin Group’s fascinating application of cutting-edge blockchain technology.
With Crypto Oasis as their local partner, GamesCoin Group will facilitate this burgeoning segment of the gaming sector with a comprehensive ecosystem home to many other radical blockchain organizations. Crypto Oasis welcomes this collaborative initiative that will help these disruptive entities move on to the next phase of growth in this exciting industry.
The partnership with GamesCoin Group aligns with Crypto Oasis’ vision to reach 1,000 Blockchain organizations by Q2 this year. Crypto Oasis will help GamesCoin Group grow in the Middle East in significant ways, and they will witness Crypto Oasis’ hallmark transparency and immutability first-hand.
About GamesCoin Group
GamesCoin Group is unlocking an ecosystem for a whole new gaming world by combining blockchain and gaming in innovative ways to enable a digital cosmos offering countless opportunities from multi-utility NFT marketplaces for gaming items to cross-game promotions. Highly secure, compliant and user-friendly wallet technology allows gamers and partners easy accessibility to this next generation gaming ecosystem.
By leveraging Hadean’s proven metaverse technology to realize virtual worlds at scale, GamesCoin Group will be able to scale and support a vast number of concurrent users with a greater level of interactivity and immersive gameplay than what is currently possible today.
About Crypto Oasis
The Crypto Oasis is a Middle East focused Blockchain Ecosystem supported by initiators of Crypto Valley Switzerland. Our core elements are Talent, Capital, and Infrastructure. Our stakeholders are Investors & Collectors, Start-Ups & Projects, Corporates, Science & Research Institutions, Service Providers and Government Entities & Associations.
Crypto Oasis’ vision is to be one of the leading Blockchain Ecosystems in the world. Today it is the fastest-growing, with more than 700 organizations in the UAE alone. Our mission is to grow this to over 1,000 established organizations by Q2 2022.
For more information contact:
Christian Schön
GamesCoin Group
[email protected]
David Hein
Crypto Oasis
[email protected]
+971585876888
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/121007
Blockchain fragmentation, stemming from the proliferation of diverse blockchain networks, poses challenges for interoperability and seamless data exchange. In response, omnichain protocols emerge as a solution to bridge these fragmented ecosystems.
These protocols aim to create a unified framework that enables communication and data transfer across multiple blockchain networks. By establishing common standards and protocols, omnichain solutions facilitate interoperability, allowing different blockchains to interact seamlessly.
The adoption of omnichain protocols addresses key issues such as data silos, redundant processes, and inefficiencies caused by blockchain fragmentation. These protocols enable businesses and developers to leverage the strengths of various blockchain networks while mitigating the drawbacks of fragmentation.
With omnichain protocols, organizations can achieve greater flexibility, scalability, and efficiency in their blockchain implementations. These protocols provide a foundation for building interconnected blockchain ecosystems, fostering innovation and collaboration across industries.
As blockchain technology continues to evolve, omnichain protocols play a vital role in overcoming the challenges of blockchain fragmentation and unlocking the full potential of distributed ledger technology.
Source: cointepegraph.com
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Germany’s state-owned bank, Kreditanstalt fuer Wiederaufbau (KfW), is set to embrace the digital age by issuing its first blockchain-based digital bond. This move signals the bank’s foray into blockchain technology and its commitment to driving its adoption in the financial sector.
The bond that KfW plans to issue will be tokenized, marking it as a ‘crypto security.’ This tokenization involves representing the bond on a blockchain, enabling validation of its transactional history and ownership.
Tokenizing bonds offers several advantages, including the automation of various aspects of bond management such as interest payments and maturity settlements. Additionally, it reduces the need for intermediaries in the process, thereby cutting down on overall transaction costs.
Melanie Kehr, a member of the Executive Board of KfW Group, expressed the bank’s innovative approach in testing new financial market products. She emphasized that the issuance of the digital bond under the German Electronic Securities Act reflects the bank’s commitment to exploring innovative solutions in the financial market.
The issuance of the blockchain-based bond marks a significant step for KfW, as it seeks to attract investors and enhance efficiency and scalability in bond transactions. Tim Armbruster, Treasurer at KfW, highlighted the importance of digitalization in increasing efficiency and scalability, emphasizing the bank’s goal of attracting a wide range of investors for the digital bond.
KfW plans to engage in dialogues with institutional investors in Europe to better understand their needs and explore the potential of blockchain technology in fintech. Cashlink Technologies GmbH, a Frankfurt-based fintech company, will serve as the crypto securities registrar for KfW, facilitating the issuance of the digital bond.
The decision by KfW to issue a blockchain-based digital bond underscores the growing interest in blockchain technology within the financial sector. It represents a significant step towards leveraging blockchain for innovation and efficiency in financial markets.
Source: cryptonews.com
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The UK is set to implement new legislation pertaining to stablecoins and cryptocurrencies by July, marking a significant step in regulating the digital asset space. This move underscores the government’s commitment to fostering a clear regulatory framework for the burgeoning cryptocurrency industry.
Scheduled for introduction by July, the new laws will address stablecoins, which are digital assets pegged to fiat currencies to maintain stability. Additionally, the legislation will cover other aspects of the cryptocurrency ecosystem, aiming to provide clarity on regulatory requirements and enhance consumer protection.
The UK’s initiative to introduce these new laws reflects the growing importance of cryptocurrencies in the global financial landscape and the need for comprehensive regulation to mitigate risks and foster innovation. By establishing clear guidelines for stablecoins and cryptocurrencies, the government seeks to promote transparency, accountability, and stability in the digital asset market.
Furthermore, the introduction of these laws by July demonstrates the UK’s proactive approach to adapting its regulatory framework to accommodate the evolving nature of the cryptocurrency industry. As digital assets continue to gain traction among investors and businesses, regulatory certainty becomes increasingly essential to ensure the integrity and resilience of the financial system.
Overall, the UK’s decision to implement new legislation for stablecoins and cryptocurrencies by July signifies a significant milestone in its efforts to establish a robust regulatory framework for the digital asset sector. By providing clarity and guidance to market participants, the government aims to facilitate responsible innovation and foster confidence in the use of cryptocurrencies within the UK’s financial ecosystem.
Source: blockchain.news
The post UK to Introduce New Stablecoin and Crypto Laws by July appeared first on HIPTHER Alerts.
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