Blockchain
Crypto Venture Capital Firm Phoenix VC Announces Seed Investment in Predictr.club, The World’s First P2P ERC20 Prediction Platform
Phoenix VC, a leading venture capital firm based in Dubai, UAE, today announced its latest seed-stage investment in Predictr.club, the world’s first P2P ERC20 prediction platform. Predictor is a newly launched platform that is decentralizing the P2P prediction segment and has just closed its first successful round of 80,000 PDCT tokens in less than 24 hrs. of listing on Bounce.
Surveys, Sentiment Analysis and making predictions is a practice as old as time itself. The newest trend is to back it up with capital on a decentralized prediction market such as Predictr.club. With the rise of decentralized prediction markets, anyone can earn money with their accurate prediction skills. A prediction market is a place where anyone can come and buy predictions, just how investors buy and sell stocks on the stock market. Similar to the way investors buy shares in a company, prediction markets allow their users to buy shares in an event outcome. Users can bet on all kinds of events, such as the winner of a presidential election, the price of Bitcoin by December 31st, and more. The online prediction space is a $100+billion market continuously growing at a CAGR of 11.5%. Co-founder of Ethereum Vitalik Buterin believes prediction markets were better indicators of the election than traditional polls this year. “Regardless of who wins from here, I definitely think that the prediction markets have proven themselves more accurate than the polls/models this time around,” said Buterin.
Predictr.club is a revolutionary P2P prediction platform that enables users to make predictions and get friends, family, and the world to back their views with their PDCT Tokens. Unlike the ordinary centralized prediction markets, who limit what and how anyone can predict, a peer-to-peer prediction market like Predictr allows anyone to become the originate a prediction slip. The Predictr app streamlines the entire prediction play process by utilizing Smart Contracts as Prediction Pools and Oracles to gather event result data, providing users with a hassle-free intuitive user interface to generate a Predictr slip within a few clicks and set it up for play. Each Predictr has a simple YES or NO answer, making it easy to play and use. “The advantage of a prediction market is that rather than being based on one person’s model, it lets the world come together and essentially negotiate a clearing price — the point at which people who think it’s too high and people who think it’s too low are balanced”, said Sam Bankman-Fried, CEO of FTX.
Predictor.club is powered by its own utility token called the PDCT and is now available on Uniswap with plans of listing on a few Centralized exchanges in the coming weeks. The PDCT token can be used to get discounts on creating slips, get entry to jackpots, and earn staking rewards. The platform plans on minting only 190,000 predictor tokens whose sale will enhance the platform’s user experience, build a user base, and promote the PDCT Token. According to the Phoenix Venture Partner, Mr. Bijan Alizadeh – Prediction markets are the next big thing in the Crypto Industry and there are players like Augur and PlotX that are catering to different segments. For Phoenix Predictr was interesting as it added gamification and has benefits for the originator and the participants – A truly Decentralised Prediction marketplace.
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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