Blockchain
Toronto Award Winning Entrepreneur Launches 1st NFT eSport Game in Canada
Reigning from the Schulich School of Business, York University, young CEO Jimmy Chan is known for founding Odyssey 3D (O3D) – a real estate virtual reality and 3D modelling company ranked top 1% globally and first of its class in Toronto, Canada. He is about to launch his next venture: a combination of Blockchain NFT, Horse Racing, and Real Estate, creating a universe called Oly Sport Metaverse.
After winning the first prize at the Schulich Start Up Night pitch competition in 2016, O3D immediately attracted a large following of clients across the Greater Toronto Area, gained client trust, and quickly became a leading company in virtual real estate marketing in Ontario. However, Jimmy Chan’s ultimate goal is to benefit humanity at a global scale and place Canada as the centre hub of innovation.
Earlier this year, Jimmy Chan – former CEO of O3D officially handed over the company management rights to his two close friends and co-founders. In the article “Farewell from CEO of Odyssey 3D”, Jimmy shared that he will continue to support O3D but this young entrepreneur already has new plans and is ready to start his new journey.
The Covid – 19 pandemic also affected many people around the world. Being an innovative person, Jimmy soon realized this, and he took steps to achieve his dream, connecting people and creating opportunities for everyone to earn money.
He believes that after the Covid-19 pandemic, “The world we used to live in will no longer exist. We are stepping very quickly into a new world where blockchain technology will change the way people live, work and entertain”. Jimmy sees a huge opportunity to remove barriers and create an easier way for us to own real estate and entertain ourselves with games like hockey, soccer, horse racing no matter where we are in the world.
Jimmy’s vision is to unite financial markets; democratize, decentralize, and globalize real estate ownership; and allow investors to make a living earning blockchain backed tokens. The blockchain platform is chosen to help him realize his vision through a project called Oly Sport Metaverse.
Unlike Play To Earn games, Jimmy’s game is Race to Earn. People who want to have fun can enter the game without any fees; investors who want to make money playing can own precious thoroughbred horses at only 1/200 the actual price in real life. Through the NFT platform, every horse, item and accessory is unique. Every task like breeding, racing, taking care of horses is part of the tokenomics that creates jobs and allows players to earn. Unlike trending games or gambling, Jimmy’s Oly Sport focuses on organizing tournaments which will soon be the standard for eSport horse racing. As gambling is not legally and culturally accepted in a lot of countries, with this strategy, Oly Sport can reach all countries without legal barriers, similar to organizing a global football, hockey, tennis tournament.
Jimmy also added that his racecourses will be built on farms, or actual racecourses, which will be digitized applying blockchain technology. In the near future, players who own a part of the racecourse in the game will actually own part of the land in real life. That means the player who is a shareholder of an in-game racecourse, also is a shareholder of a real-life farm or racecourse. He is confident that you cannot find this type of Metaverse in any game other than Oly Sport at the moment.
Through this project, Oly Sport wants to contribute to Toronto’s blockchain ecosystem and inspire young entrepreneurs to follow their dreams.
Jimmy shared that Oly Sport will officially go IDO on November 2 on BSCStation. For this event, the fixed price of $OLY is $0.06 per token exclusively for BSCStation token holders. The total allocation amount of $OLY tokens will be announced later.
SOURCE Olysport
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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