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From Past to Present: The Evolution of Prague Gaming & TECH Summit

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In the rapidly evolving worlds of igaming and technology, few events have managed to encapsulate the spirit of innovation and forward-thinking dialogue quite like the Prague Gaming & TECH Summit. Since its inception, this summit has been a beacon for industry leaders, a platform where the future of igaming and technology merge in a symphony of ideas, trends, and collaborations. Let’s take a moment to explore the journey of this illustrious event, from its early days to its current standing as a cornerstone of the tech and gaming industries.

The Early Years: Laying the Foundation

Launched in 2017, the Prague Gaming Summit was created to complement the Central and Eastern European Gaming Conference (CEEGC) in Budapest. Its mission was clear: to gather industry leaders and create a vibrant forum for the discussion of innovations and forward-thinking subjects in the igaming industry. What set the Prague Gaming Summit apart was its unwavering commitment to fostering dialogue on the future directions of the gaming sector. This dedication quickly cemented the event’s reputation, making it a favorite among many.

Expanding Horizons: The Introduction of TECH Conference Europe

Recognizing the interconnectedness of the gaming industry with other technological spheres, HIPTHER, the organizer behind the summit, launched a series of conferences in 2019 targeting participants from outside the igaming world. This series, titled TECH Conference Europe, focused on emerging fields such as blockchain, fintech, artificial intelligence, virtual reality, and cybersecurity, among others. Hosted in Prague, this conference aimed to bridge the gap between igaming and the broader tech industry, sparking conversations and collaborations that extended well beyond traditional gaming boundaries.

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A Milestone Merge: The Birth of Prague Gaming & TECH Summit

In 2023, a significant evolution took place—the TECH Conference Europe merged with the Prague Gaming Summit to form the Prague Gaming & TECH Summit. This fusion brought together participants from multiple industries, resulting in another sold-out conference and a doubling of attendee numbers. The merge was a strategic move that reflected the blurring lines between gaming, technology, and other related sectors, offering a more comprehensive and holistic platform for discussion and networking.

Looking to the Future: The Consolidated Prague Gaming & TECH Summit

Moving forward into 2024, the decision to consolidate the individual Central and Eastern Europe events into a single, unified Prague Gaming & TECH Summit marks a new chapter in the event’s history. This consolidation is expected to attract even more delegates and industry professionals, providing them with an unparalleled opportunity to exchange knowledge, network, and forge new business relationships within the thriving tech and gambling ecosystems.

The 2024 edition of the summit boasts an impressive lineup: over 85 speakers, 30 sessions, more than 250 participants from multiple industries and jurisdictions, three network parties, an awards ceremony, a boutique exhibition space, and countless opportunities for learning and networking.

Leading Voices Converge

Among the illustrious lineup of speakers at this year’s Prague Gaming & TECH Summit, attendees will have the privilege of hearing from representatives of leading organizations and firms shaping the future of gaming and technology. Notable participants include BETER, Bird & Bird, Bragg Gaming, BullettProof, Card Casino, Centre of Positive Influence (COPI), Continent 8 Technologies, Croatian Gaming Association, Digitain, DoiT International, EUROPOL, Flashscore/Livesport, EY, Rouvy, the Germany Gambling Commission, GR8 TECH, GLI Europe, International Casino Cheat Detection Agency, Kaizen Gaming, Kempelen Institute of Intelligent Technologies, AI-on-Demand, Merkur Gaming, Palasino Group, Princeton Public Affairs Group, Inc., SBC Media, the Swedish Trade Association for Online Gambling, Nordic Gambling, TaylorWessing, WH Partners, and many others. This diverse group of speakers underscores the summit’s role as a crucible of innovation and dialogue, representing a wide spectrum of expertise across the gaming, tech, and regulatory landscapes. For a full list of attendees and more details on what to expect, please visit: https://hipther.com/events/prague/attendees2024/.

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The Legacy Continues

As the Prague Gaming & TECH Summit evolves, it remains dedicated to its core mission of fostering innovation and dialogue across the gaming and technology sectors. Each year, the summit not only reflects the current state of these industries but also anticipates future trends and challenges, ensuring its position as a must-attend event for anyone looking to stay at the forefront of technological and gaming advancements.

In the end, the Prague Gaming & TECH Summit stands as a testament to the power of collaboration and innovation, bridging the worlds of gaming, technology, and beyond. As we look to the future, it’s clear that this event will continue to shape the dialogue and direction of these dynamic industries for years to come.

Click here to register and unlock the door to endless possibilities at the Prague Gaming & TECH Summit. Your next big opportunity awaits!

The post From Past to Present: The Evolution of Prague Gaming & TECH Summit appeared first on HIPTHER Alerts.

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New seed-stage VC fund from Finland secures €6 million in initial close for €30 million blockchain fund

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Helsinki-based Equilibrium Ventures (EQV), a new seed-stage venture capital fund focused on the crypto sector, has successfully closed the first round of its €30 million fund, raising €6 million from limited partners (LPs). This milestone highlights growing interest in blockchain startups and a promising future for the European crypto ecosystem.

The fund is led by an experienced team of partners: Mika Honkasalo, Henrik Sundvik (formerly of Bain & Company), and Christopher Ahn (ex-Molten Ventures investor). Equilibrium Ventures aims to attract and support founders with deep technical expertise in blockchain technologies, covering areas such as zero-knowledge proofs and smart contracts, essential for developing advanced blockchain solutions.

Equilibrium Ventures has attracted a diverse group of backers, including strategic investors, family offices, and notable LPs like Sebastien Borget, co-founder of the metaverse platform The Sandbox. This support underscores the fund’s credibility and signals growing confidence in crypto investments despite recent market challenges.

Dedicated to crypto infrastructure, Equilibrium Ventures emphasizes rigorous technical due diligence and value addition for pre-seed and seed engineering firms. With a network of about 70 blockchain engineers, mainly based in Europe, the fund is well-positioned to help startups develop robust blockchain technologies.

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The renewed interest in venture capital investment in blockchain, bolstered by evolving regulatory landscapes in the US and Europe, is expected to increase investor confidence in the crypto sector. Equilibrium Ventures, with its technical expertise and strategic support, is poised to become a significant player in Europe’s crypto venture scene.

Looking ahead, Equilibrium Ventures aims for a second close by the end of this summer, targeting 80% of the total fund. This progress indicates strong momentum and the potential for significant contributions to the European blockchain ecosystem.

Source: arcticstartup.com

The post New seed-stage VC fund from Finland secures €6 million in initial close for €30 million blockchain fund appeared first on HIPTHER Alerts.

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Riot Platforms Acquires 14% Stake in Bitfarms Ltd.

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Riot Platforms, Inc. has announced its acquisition of a 14% stake in Bitfarms Ltd., as detailed in a recent press release by Riot Platforms. This move aligns with Riot’s strategy to influence corporate governance within Bitfarms.

Acquisition Details

On June 13, 2024, Riot Platforms purchased 1,432,063 common shares of Bitfarms Ltd., representing about 0.35% of Bitfarms’ issued and outstanding common shares. The shares were bought on the Nasdaq Stock Market and other open markets at an average price of approximately $2.70 per share, totaling $3,870,293.46.

Before this acquisition, Riot held 56,194,973 common shares of Bitfarms, equating to 13.65% ownership. With the new shares, Riot now holds 57,627,036 common shares, resulting in a 14% stake in Bitfarms.

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Strategic Intentions

Riot Platforms intends to call a special meeting of Bitfarms’ shareholders to nominate several independent directors to the board, citing concerns over Bitfarms’ corporate governance. Riot seeks to influence Bitfarms’ strategic direction and enhance its governance standards.

Riot is continuously reviewing its investment in Bitfarms and may adjust its position based on factors such as market conditions and the company’s financial status. Potential actions include increasing or decreasing its stake, entering into hedging transactions, or proposing additional strategic measures.

Forward-Looking Statements

The press release includes forward-looking statements subject to risks and uncertainties, reflecting Riot’s current expectations and assumptions. Riot cautions investors to consider these risks before making investment decisions.

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Riot’s vision is to become the leading Bitcoin-driven infrastructure platform, focusing on a vertically integrated strategy with Bitcoin mining operations in Texas and electrical switchgear engineering in Colorado.

Source: blockchain.news

The post Riot Platforms Acquires 14% Stake in Bitfarms Ltd. appeared first on HIPTHER Alerts.

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Manta Foundation Unveils $50M EcoFund to Foster Blockchain Innovation

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The Manta Foundation has launched its $50 million EcoFund to build a robust ecosystem for leading blockchain projects, as per Manta Network. This initiative demonstrates the foundation’s commitment to funding opportunities and developer support for innovative blockchain ventures.

Funding and Support Opportunities
Starting June 15th, the one-year EcoFund will offer significant financial support through its Ecosystem Grant Program, which provides early-stage projects with grants of up to $50,000. This initial funding is crucial for bringing innovative ideas to life.

Additionally, the EcoFund dedicates $35 million for direct investments in promising projects on the Manta Network. These strategic investments aim to foster high-growth ventures that align with Manta Network’s long-term objectives, promoting a collaborative and mutually beneficial environment.

Diverse Project Focus
The Manta Foundation supports a broad range of projects across sectors such as DeFi, Gaming, NFTs, and more. These initiatives are chosen for their potential to drive consumer adoption and significantly enhance the Manta Network ecosystem.

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Applications for the EcoFund are accepted on a rolling basis, ensuring ongoing funding and support opportunities. The foundation prioritizes projects with robust business models and scalability, aiming to ensure the ecosystem’s financial health and sustainability.

Specialized Funding Categories

In addition to general grants, the EcoFund targets specific high-growth areas:

– AI/DePIN: Focused on using AI and Decentralized Physical Infrastructure Networks for sustainable solutions.
– Zero-Knowledge: Investments in zero-knowledge technology to boost privacy and security in the blockchain space.
– Memecoins: The Moon Mission Grant supports the development and growth of meme projects on Manta Pacific, fostering a vibrant memecoin culture.

Events and Hackathons
To further enrich the ecosystem, the Manta Foundation has allocated $5 million for online and offline events and hackathons. These events aim to attract new developers and users, fostering a culture of innovation and collaboration within the Manta Network community.

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Source: blockchain.news

The post Manta Foundation Unveils $50M EcoFund to Foster Blockchain Innovation appeared first on HIPTHER Alerts.

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