Blockchain
NAVI Junior received the Runner-up Award by WePlay Collectibles
NAVI Junior received half of all token sales and the Trophy NFT from the WePlay Collectibles NFT project. It was the Runner-up Award for taking second place in the finals of the WePlay Academy League Season 2.
WePlay Esports held the finals of the WePlay Academy League Season 2 on November 14. The Grand Final saw a competition between mouz NXT and NAVI Junior.
For two weeks in the lead-up to and during the WePlay Academy League Season 2 offline part, WePlay Collectibles has been auctioning the “Shooter: from A to Z” NFT collection. There were 26 tokens put up for sale representing words and phrases associated with popular first-person shooter games. The collection was sold out and grossed 1 ETH.
Besides gaining unique digital items, auction participants supported the youth esports scene and the runner-up team of the WePlay Academy League Season 2 in particular. Half of all token sales went as the Runner-up Award to NAVI Junior to encourage up-and-coming players early in their esports careers.
While the crowning of a single winner is a fundamental pillar of fair and competitive esports, WePlay Collectibles has decided to shake the game up a bit and awarded the runner-up team for the first time in esports history. Instead of the ordinary medals and trophies, NAVI Junior received digital non-fungible tokens and cryptocurrency funds. Today, WePlay Collectibles is proud to give the virtual award to the team.
“WePlay Collectibles is a project that brings together two digital-native industries. We’re delighted that our efforts have paid off, and that we’ve managed to connect esports and the NFT market. The whole collection was sold out, and part of the sales, as promised, was awarded to the team that took second place in the WePlay Academy League Season 2,” says Alena Dalskaya-Latosiewicz, chief communications officer at WePlay Holding and project lead at WePlay Collectibles.
There are no ups without downs, but at least the first setback was mitigated by the WePlay Collectibles Runner-up Award.
The Playoff Stage of the WePlay Academy League Season 2 took place offline at the WePlay Esports Arena Kyiv. Eight leading CS:GO organizations participated in the tournament with a prize pool of $100,000.
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Blockchain
Humanity Protocol Secures $20 Million Strategic Funding from Jump Crypto and Pantera Capital at $1.1B Fully Diluted Valuation
Humanity Protocol, a decentralized identity blockchain solution, is today announcing the successful closure of its latest $20 million funding round, co-led by Pantera Capital and Jump Crypto at a $1.1 billion fully diluted valuation.
This investment represents a vote of confidence in Humanity Protocol’s mission to redefine decentralized identity and unlock new possibilities for secure, inclusive, and user-owned blockchain ecosystems. It follows the recent announcement of the Humanity Foundation’s formation, led by Yat Siu, Mario Nawfal, and interim CEO Yeewai Chong.
The funding will accelerate Humanity Protocol’s development of Proof of Humanity, Human ID, and seamless integrations with leading Web3 platforms. With the support of Jump Crypto and Pantera Capital, Humanity Protocol is poised to scale its operations, expand its global reach, and drive adoption across industries beyond Web3.
As Humanity Protocol continues to grow, the funding will also support upcoming initiatives, including partnership announcements, developer grants, and community-building efforts leading up to the protocol’s mainnet launch.
Both Pantera Capital and Jump Crypto bring extensive expertise in blockchain, Web3 infrastructure, and strategic scaling, making them ideal partners in Humanity Protocol’s next growth phase.
“At Humanity Protocol, we’re committed to empowering individuals with digital identities that are truly their own,” said Terence Kwok, Founder of Humanity Protocol. “This investment from Jump Crypto and Pantera Capital brings us one step closer to realizing a future where trustless, decentralized identity solutions are the norm. We’re honored to have the backing of such visionary investors who share our belief in the transformative potential of Web3 technologies.”
“At Pantera Capital, we are excited about all the ways that blockchain enables a future AI-driven world, and Humanity Protocol is leading the way,” added Cosmo Jiang, General Partner at Pantera Capital.
The post Humanity Protocol Secures $20 Million Strategic Funding from Jump Crypto and Pantera Capital at $1.1B Fully Diluted Valuation appeared first on News, Events, Advertising Options.
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