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
Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
The post Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users appeared first on News, Events, Advertising Options.
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.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
Blockchain
CoreNest Capital Announces Strategic Investments in SpaceX, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, and Study Dojo
OpenAI, xAI, SpaceX, Weave Robotics, Blaze Payments, Domu AI, Phonely AI, Andromeda Surgical, Texture Capital, Artisan AI, Piramidal,Avatar Medical, OpenCall, Fleak AI, Algorized, itsElectric, Dili, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, Study Dojo, Sologenic, Coreum, Pulsara
-
Blockchain6 days ago
Pelican AI and Christie Capital Announce Launch of Brokered Financing
-
Blockchain Press Releases5 days ago
Bybit: A Global Favorite Among Full-Time and Professional Traders and the World’s Second-most popular Crypto Exchange
-
Blockchain5 days ago
Sportsbet.io Becomes New Title Partner of Snooker’s Players Championship, Tour Championship and Champion of Champions
-
Blockchain7 days ago
Blocks & Headlines: Today in Blockchain (BubbleMaps, Pantera Capital, Week 2025, FP Complete, FP Block, Bybit, FarmX)
-
Blockchain Press Releases5 days ago
The Moskowitz Law Firm, PLLC Announces Preliminary Approval of a Proposed Class Action Settlement on Behalf of Purchasers of Astrals Non-Fungible Tokens and Galaxy Tokens
-
Blockchain7 days ago
io.finnet and Cede Labs Partner to Transform Multi-Exchange Portfolio Management for Institutions
-
Blockchain Press Releases6 days ago
Bybit & SignalPlus Unveil the 100,000 USDC Global Trading Showdown
-
Blockchain Press Releases6 days ago
Bybit Pledges RMB 5 Million to Support Relief Efforts Following Devastating Tibet Earthquake