Blockchain
iMining Technologies Supports Glenrose Rehabilitation Hospital Foundation Launch Its First Ever NFT Project at the Shining A Light Event and in the Metaverse
Vancouver, British Columbia–(Newsfile Corp. – June 16, 2022) – iMining Technologies Inc. (TSXV: IMIN) (the “Company” or “iMining”) is pleased to announce that its wholly-owned subsidiary, Metaverse Advisory Group (“MAG”) has worked alongside Glenrose Rehabilitation Hospital Foundation (“Glenrose Foundation”) to launch Glenrose Foundation’s first ever NFT project as part of the Shining A Light event. This one-of-a-kind event will feature art and light installations that highlight the many dimensions of rehabilitation and will be showcased on June 16th, 2022 to June 19th, 2022 in Edmonton, Alberta at the EPCOR Tower.
During this event, various artwork and light installations will be on display. One of the most unique pieces on display is called “Brain Storming”. Brain Storming is a beautiful art piece, created by Olivia, a 13-year-old patient at the Glenrose Hospital. Olivia created this art using the Brain Computer Interface (“BCI”) technology. BCI allows Olivia and other young patients at the Glenrose Hospital the opportunity to express themselves using only their minds.
BCI works by interpreting brain signals and turning them into actions. Pediatric patients who have limited mobility or communication challenges can use BCI to interact with their environments, including playing video games, driving a remote-controlled car or creating art.
Olivia and her family have generously gifted Brain Storming, an invaluable piece of art, to the Glenrose Foundation so it can be converted into a Non-Fungible-Token (“NFT”) by iMining. The artwork will be used for auction purposes to assist the Glenrose Foundation in raising the required funds so the foundation may continue to push boundaries and explore innovative ways to assist patients with mobility and communication challenges.
“We’re excited to demonstrate the potential of BCI and other technologies to help reimagine human ability. With iMining’s support, people around the world have the opportunity to view and purchase Olivia’s artwork,” says Mark Korthuis, President and CEO of the Glenrose Foundation.
Metaverse Advisory Group, a fully owned subsidiary of iMining, has been instrumental in strategizing on how the art work may be converted into an NFT. The NFT has been minted and is on showcase at the Glenrose Foundation’s NFT Gallery in the Decentraland Metaverse (parcel number -43, -97) and is also displayed on Opensea at the following address:
“Non-fungible tokens help to corroborate the ownership of a unique image through the deployment of information on the blockchain. At the same time, the NFT market offers some of the best conditions for the sale and purchase of digital art today. The loss of hope is a path to nowhere. It is a pleasure and an honour to support Glenrose in this one-of-a-kind NFT project, which has become for many patients the hope for a joyful future” said Mr. Shroff the Chairman and CEO of iMining.
iMining and Glenrose Foundation continue to work closely together to create innovative opportunities to raise funds, to promote artists of the future and to find innovative ways of how technology may be used to assist patients with mobility and communication challenges.
For any questions, please contact [email protected]
About the Glenrose Foundation
The Glenrose Foundation is the largest free-standing, comprehensive tertiary rehabilitation hospital in Canada, serving patients of all ages who require complex rehabilitation to enable them to participate in life to the fullest.
The Glenrose Foundation provides innovative equipment, programs and technology to help patients at the Glenrose Rehabilitation Hospital recover, relearn life skills and rediscover their full potential. They work with the Glenrose Rehabilitation Hospital to identify what patients and staff need to enhance the rehabilitation journey through equipment, technology and research priorities. With almost 80,000 patient visits each year, the Glenrose Rehabilitation Hospital is the largest tertiary rehabilitation hospital in Canada.
For more information on the Glenrose Foundation, visit www.glenrosefoundation.com
About Shining a Light event:
The Shining a Light event takes place June 16-19 at EPCOR Tower in downtown Edmonton. Featuring captivating art and light installations, the event focuses on the impact of technology on rehabilitation.
More information can be found at https://shiningalight.ca/
About Metaverse Advisory Group Inc.
Metaverse Advisory Group is a virtual NFT based real estate company that develops and manages a portfolio of Virtual properties in major blockchain-based Metaverses including Decentraland and The Sandbox. It operates unique services including virtual property development, property management, and assisting companies with future of work, virtual events and meetings, marketing and advertising in the Metaverse.
About iMining Technologies Inc.
iMining is a publicly listed Web3.0 technology company developing technology for Crypto Mining, Decentralized Finance (“DeFi”) and Non-Fungible Tokens (“NFT”). iMining also owns BitBit Financial Inc., an ATM Network and crypto OTC Trading Platform for individual and institutions.
iMining investments are directly linked to the Bitcoin Mining, Crypto Trading, Decentralized Finance (“DeFI”) and Metaverse Non-Fungible Tokens (“NFTs”). With diverse blockchain investment and infrastructure solutions, iMining looks to be a leader in accelerating the growth of Web3.0 for the enterprise market. The Company’s operations include secure and sustainable cryptocurrency payments, staking, mining and digital asset investment designed for the scale and compliance requirements of institutional clients. iMining is committed to building strong global blockchain ecosystems and supporting inclusive access to digital tools and technologies.
ON BEHALF OF THE BOARD
Signed “Khurram Shroff“
Khurram Shroff, President & CEO
FOR FURTHER INFORMATION, please contact:
iMining Corporate Offices:
Saleem Moosa, Director
Email: [email protected]
Telephone: +1 (844) IMININC (464-6462)
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain forward-looking statements, which relate to future events or future performance, and reflect management’s current expectations and assumptions, and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected including, but not limited to, market conditions, availability of financing, actual results of activities, future cryptocurrency prices, operating risks, and other risks in the cryptocurrency industry. All the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required by applicable law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/128095
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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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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