Blockchain
The First EsportsFi Champion Was Born; Era7: Game of Truth Opens A New Chapter of The EsportsFi Ecosystem
Singapore–(Newsfile Corp. – October 2, 2022) – The champion of Web3’s first light tournament, Era7 “World Cup Tournament” (WCT) Season1, was finally revealed on October 1 at 15:00 UTC. After a multi-day battle, SantosBrat from Russia was crowned the winner of the $15,000 and digital asset airdrop prize. RocketMoneyH from Brazil and SemestaNami from Indonesia took second and third place respectively.
Tens of thousands of players from 30 countries joined the first season of Era7’s official tournament WCT. Of these, 1296 players qualified for the Play-In stage and 128 players advanced to the knockout & final stage. The total prize pool for the tournament was $130,000.
WCT received over a million views online, live streams and external video media distribution. The tournament process generated a lot of hot famous scenes such as speed pushing, baiting the enemy deep, and extreme counter-kill, which made the spectators enjoyable and the highly popular star players and clubs gained high attention at the same time.
Era7, the world’s original three-minute competitive element, is a TCG type game combining Esportsfi and NFT features. By collecting, forming decks, fighting and acquiring steps in the game, players can not only easily get the fun of TCG games in just three minutes, but also earn competitive rewards. Six months after the official launch of the project, Era7 has been ranked among the top projects of BNB Chain through the game’s good long-term competitive attributes and deep strategy and playability. It has attracted the attention of many TCG fans and cultivated players’ love for competitive elements and daily gaming habits, and the initial PVP competitive ecology within the game has been formed. In the future, Era7 will launch the operation mode with global exclusive competitive ecology, create the brand positioning of “web3 first innovative light competitive long term tournament”, shape the unique value of the project in the field of Web3, and fully promote the ecological construction of Esportsfi.
On September 23rd, Element, the world’s first multi-chain aggregated NFT marketplace, announced a strategic partnership with Era7 to help sustain the “Era7 WCT”: the first Web3 global light-competition event. According to the current plan, Era7 WCT will be held 6-8 seasons per year, with non-stop launch every two months, and the prize amount will be clearly arranged in the token launch plan and BUSD prize pool setting. The total prize pool is estimated to reach more than $5 million by 2023.
Era7 is capturing the potential 1 billion TCG fans with a three-minute speedy game experience, rich card selection, diverse game strategies and high prize money. In traditional TCG games, players optimize their decks by purchasing card packs, and the circulation of cards is reflected in the fair recognized value and number of issues among players, while in Era7, players can also continuously optimize their decks by acquiring resources, while the value of each card can be fully reflected in the game’s actual battle and marketplace, and the transactions among players become convenient and The value of each card is fully reflected in the game’s actual battle and trade market, and the trade between players becomes convenient and safe.
WCT is the world’s first light competitive tournament for TCG games in the web3 field, which is also very attractive to the traditional game users of web2. The unique attribute of combining blockchain technology with TCG game makes the number of users that can be reached by this product has great imagination. Through the high attention and long-running tournaments, the incentive policy of high prize pools, players’ motivation is fully mobilized, and it also allows players to further focus on competitive tournaments from the simple act of playing and earning, refer to the deck selection of more excellent players, and gradually transfer from the simple return of in-game asset rewards to the competition channel of more cash rewards, so that the in-game card series and double tokens can be fully consumed and use, not only ensuring sufficient liquidity on the game ecology, but also allowing the overall economy to cycle effectively.
In the traditional eSports prize pool establishment, most games have adopted the player crowdfunding model, through the sale of virtual goods to raise money from players to form the prize pool of the event, this model can fully mobilize the purchase intention of players, but there is also a certain degree of uncertainty, may be subject to the difference in the popularity of virtual goods, resulting in the amount of money raised fluctuates significantly, not easy to maintain the stability of the event. In Era7, a new channel of cash rewards for competitive events, mainly WCT, has been opened, and the prize pool for participants is not only determined by the number of rewards through digital asset placement, but also the BUSD prize pool and various sponsorship resources raised by the event to continuously enrich the prize pool, ensuring the continuous stability of the prize pool and supplementing the revenue channels for players, so that all participants can have a clear idea of the rewards they may obtain and will be motivated to play.
This emerging tournament has gained recognition within the industry. Era7’s another main strategic partner, Fundamental Labs is a leading Web3 and crypto venture capital firm focusing exclusively on accelerating fundamental innovations, mass adoption of blockchain tech, and creating value for a better digital society. While in the field of GameFi, it was the innovation of Era7’s continuous EsportsFi Ecosystem that took their fancy,
Meanwhile, as The CTH Group’s diamond level strategic partner, Era7 will participate in one of the main Web3 conferences of the year, MiamiWeb3 held by The CTH Group and the City of Miami.Era7 and Fundamental Labs will work closely and work on building a sustainable GameF Ecosystem.
The journey of “Era7 World Cup Tournament” Season2 is about to start, which also means that Era7 will join hands with various crucial partners to open a new chapter of long term tournament and Esportsfi ecosystem construction.
Era7: Game of Truth Official Links
Website: https://www.era7.io
Twitter: https://twitter.com/Era7_official
Telegram: https://t.me/Era7_Official
Discord: https://discord.com/invite/jtFRzTv5Zw
Email: [email protected]
Contact:
Iron Lin
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/139187
Blockchain
Blocks & Headlines: Today in Blockchain – May 30, 2025 (Fraser Edwards, Kyiv NFT, Spirit Blockchain Capital, Indian eHealth, Hedera)
Blockchain technology and cryptocurrencies continue to redefine industries—from competitive gaming and cultural heritage preservation to corporate finance, healthcare, and alternative tokens. Today’s briefing highlights five pivotal developments shaping the ecosystem: Fraser Edwards’s vision for trust in eSports; Ukraine’s wartime cultural preservation via NFTs; Spirit Blockchain Capital’s Q1 2025 operational report; India’s push for blockchain-enabled electronic health records (EHRs); and the rise of viral altcoins such as UniLabs, Sui, and Hedera Hashgraph. Together, these stories illustrate the themes of trust and identity, preservation and provenance, institutional maturation, public-sector innovation, and token diversification. In this op-ed–style round-up, we distill the essence of each story, cite sources, and offer analysis on how they advance Web3, DeFi, and NFT frontiers.
1. Rebuilding Trust in eSports: Can Blockchain Fix Competitive Integrity?
Source: CCN
Summary:
In a recent CCN interview, veteran trader and eSports investor Fraser Edwards argues that blockchain’s immutable ledgers can restore credibility in the rapidly commercializing world of competitive gaming. According to Edwards, match-fixing scandals and opaque prize-pool distributions have eroded fan confidence. By tokenizing tournament entries and payouts on public blockchains—complete with smart-contract–enforced escrow—organizers can guarantee that prize monies are distributed exactly as advertised, and that no post-match manipulation occurs. Tournament operators in Asia and North America are already piloting Ethereum-based payout dApps, aiming to increase transparency for players and sponsors alike.
Key details & analysis:
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Smart-contract escrow: Funds are held in a time-locked contract that releases prize money only upon verifiable match results. This prevents disputes over referee decisions or delayed payments.
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On-chain reputation: Player and team reputations can be tokenized via non-fungible reputation badges that accrue based on fair play and community votes—discouraging cheating.
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Scalability concerns: High-traffic tournaments may require Layer 2 rollups or alternative chains (e.g., Polygon, Immutable X) to reduce gas costs and latency.
Opinion: Blockchain’s dual promise of provable fairness and programmable finance makes it uniquely suited to eSports. Yet adoption hinges on UX: seamless wallet integrations, minimal transaction fees, and clear regulatory guidance on esports tokens.
2. When Art Meets Blockchain: Ukraine’s Wartime Cultural Preservation
Source: The Kyiv Independent
Summary:
As monuments crumble under artillery fire, Ukrainian curators and technologists are partnering to mint NFTs representing lost or endangered artifacts. The Kyiv Independent reports that the National Art Museum of Ukraine has launched “Project Phoenix,” tokenizing high-resolution 3D scans of sculptures, manuscripts, and paintings. Proceeds from initial sales fund restoration and digital archiving efforts. Each NFT embeds provenance metadata—including GPS coordinates, curator notes, and condition reports—ensuring that future generations can verify authenticity and context, even if the physical artifact is destroyed.
Key details & analysis:
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Metadata richness: Beyond simple ownership, NFTs store structured metadata—using ERC-721 metadata extensions—that capture curatorial insights and conservation logs.
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Decentralized archives: IPFS and Arweave are employed to host ultra-high-resolution imagery, with on-chain hashes guaranteeing data integrity.
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Community engagement: Fractional-NFT drops allow diaspora communities to collectively own tokens, strengthening cultural ties and crowdfunding preservation.
Opinion: Blockchain’s ability to immutable record heritage provides a lifeline for war-torn nations. However, ensuring that local institutions retain governance over metadata edits and future migrations is critical to avoiding “cultural colonialism” by global NFT marketplaces.
3. Spirit Blockchain Capital’s Q1 2025 Highlights: Growth, Investments, and Outlook
Source: GlobeNewswire
Summary:
Spirit Blockchain Capital’s Q1 2025 report benchmarks the firm’s operational milestones and financial performance. Assets under management (AUM) climbed 45% to $1.02 billion, driven by strategic allocations to top-tier Layer 1 and Layer 2 protocols, DeFi liquidity pools, and a newly launched token-index fund. Operating income rose 37%, fueled by management fees and performance incentives. The firm also closed its second blockchain-focused venture fund at $150 million, earmarked for early-stage Web3 projects in gaming, infrastructure, and decentralized identity.
Key details & analysis:
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Diversification strategy: 60% of AUM in blue-chip cryptocurrencies (Bitcoin, Ethereum); 25% in DeFi (Aave, Uniswap, Lido); 15% in tokenized commodities and NFTs.
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Fund performance: The flagship fund delivered a 9.8% return in Q1, outperforming the 6.2% benchmark set by the Bloomberg Galaxy Crypto Index.
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Venture investments: Early stakes in zero-knowledge proof startups and decentralized storage platforms signal confidence in scalability and privacy innovations.
Opinion: Spirit’s robust growth and disciplined diversification mirror institutional maturation in the blockchain asset management space. As regulatory clarity improves, expect further inflows from endowments, pensions, and family offices.
4. Blockchain EHRs in India: The Next Digital Health Revolution
Source: ORF
Summary:
The Observer Research Foundation (ORF) details India’s pioneering pilot of blockchain-backed electronic health records (EHRs) in the state of Andhra Pradesh. By leveraging a permissioned Hyperledger Fabric network, the initiative ensures that patient records—from vaccination histories to diagnostic imaging—are securely shared across hospitals, clinics, and pharmacies. Patients control access via digital identities anchored to India’s Aadhaar system, granting temporal permissions for data viewing and preventing unauthorized sharing.
Key details & analysis:
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Interoperability: HL7 FHIR standards are mapped to on-chain transactions, enabling seamless data exchange with existing hospital information systems (HIS).
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Privacy safeguards: Off-chain storage of PHI (Protected Health Information) is encrypted with patient-held keys; only hashed pointers reside on-chain to ensure immutability without exposing sensitive data.
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Regulatory alignment: The pilot aligns with India’s draft Digital Health Act, which emphasizes data sovereignty and patient consent frameworks.
Opinion: Blockchain EHRs can democratize healthcare access in a populous nation—but success depends on user-friendly portals, robust identity verification, and contingency plans for network outages in rural areas.
5. The Hottest Viral Altcoins of 2025: UniLabs, Sui, and Hedera Lead the Pack
Source: TronWeekly
Summary:
According to TronWeekly, the altcoin landscape in 2025 is dominated by three viral tokens: UniLabs (UNI-L), Sui (SUI), and Hedera Hashgraph (HBAR). UniLabs, a governance token for a decentralized laboratory network, saw a 1,200% year-to-date surge on news of its AI-driven drug-discovery partnership. Sui’s Move-based smart-contract platform gained traction for sub-second finality and low gas fees, with total value locked (TVL) surpassing $2 billion. Hedera’s HBAR continues its enterprise pivot, securing multi-year agreements with global brands for identity verification and supply-chain tracking.
Key details & analysis:
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UniLabs use case: Token holders vote on research grants and share in royalty revenues from patented compounds developed on-chain.
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Sui performance: With a novel object model and horizontal sharding, Sui supports over 3,000 TPS (transactions per second) without compromising on decentralization.
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Hedera enterprise: The Governing Council—comprising Boeing, Google, and LG—bolsters confidence in HBAR’s governance model and paves the way for compliant enterprise deployments.
Opinion: These tokens exemplify the diversification of blockchain applications. Investors should assess not only market hype but also protocol fundamentals—developer activity, economic incentives, and real-world adoption.
Cross-Story Trends & Key Takeaways
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Trust & Transparency at the Core
From esports prize-pool ledgers to wartime NFT archives and permissioned health records, blockchain’s immutability fosters verifiable trust—a prerequisite for mainstream adoption across sectors. -
Institutional & Public-Sector Innovation
Spirit Blockchain Capital’s fund growth and India’s EHR pilot signal that both private and government entities view blockchain as a strategic infrastructure, not just speculative assets. -
Vertical Specialization Fuels Token Growth
Viral altcoins like UniLabs, Sui, and Hedera thrive by addressing niche use-cases—governance in biotech, scalable DeFi rails, and enterprise identity—underscoring the importance of purpose-built protocols. -
Metadata & Provenance Drive NFTs Beyond Art
Ukraine’s cultural NFTs demonstrate how rich on-chain metadata can preserve heritage, while esports applications show that reputation tokens can enforce fair-play credentials. -
Ecosystem Maturation Requires UX & Governance
Across all stories, user experience—wallet onboarding, identity verification, metadata curation—and robust governance frameworks (tokenomics, regulatory alignment) emerge as decisive factors in blockchain’s next wave.
Conclusion
Today’s blockchain headlines reveal a maturing ecosystem where trust, transparency, and targeted innovation unlock new frontiers—from safeguarding digital heritage amid conflict to revolutionizing healthcare and sports. As institutional players allocate billions, and public-sector pilots chart regulatory pathways, the fate of tomorrow’s Web3 landscape hinges on seamless UX, rigorous governance, and demonstrable real-world utility. Stay tuned for tomorrow’s Blocks & Headlines, where we’ll continue tracking the trends, tokens, and technologies that define the blockchain revolution.
The post Blocks & Headlines: Today in Blockchain – May 30, 2025 (Fraser Edwards, Kyiv NFT, Spirit Blockchain Capital, Indian eHealth, Hedera) appeared first on News, Events, Advertising Options.
Blockchain
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