Blockchain
Binance Smart Chain Funds Decentral Games Via its $100 million Accelerator Program
With the newly garnered support, Decentral Games will usher in new innovations to expand the rapidly-evolving blockchain metaverse, Play-to-Earn Gaming vertical, and NFT markets on BSC.
Decentral Games (DG), a leading metaverse-native GameFi DAO has secured significant support and funding from Binance Smart Chain’s $100 million Accelerator Fund.
Decentral Games, the leading play-to-earn platform and the disruptor to traditional gaming, will use the financial resources to usher in new innovations to expand the rapidly-evolving blockchain metaverse, GameFi vertical, and NFT markets on the Binance Smart Chain (BSC).
Binance Smart Chain’s funding also enables Decentral Games to accelerate the creation of new games and features for its existing six metaverse venues with new venues and games lined up in the coming weeks.
Equally important is that this funding partnership exposes Decentral Games to Binance Smart Chain’s millions of users worldwide and its more than 800 dApps, strengthening the long-term permanence of Decentral Games’ play-to-earn economy. And with the ICE Poker product, Decentral Games’ latest and much anticipated play-to-earn product designed to boost concurrent and daily players, Binance Smart Chain’s scalability advantages will ensure users continue to enjoy the experience they’ve come to expect as GameFi grows in popularity.
“With Decentral Games paving the way for GameFi projects to connect crypto with entertainment, play-to-earn incentives models have a higher scope for better mass adoption,” said Samy Karim, BSC Ecosystem Coordinator. Mr. Karim pronounced those words when announcing BSC’s decision to fund DG. “In line with the investment, we will support DG and help it flourish in the BSC ecosystem.”
“The Binance Smart Chain ecosystem bolsters a range of NFT, Infra, and GameFi projects that have accelerated the growth of crypto with a multitude of real-life use-cases,” said Mr. Karim. “We’re constantly looking to collaborate with projects that help new users navigate an easy point of entry into DeFi.”
Decentral Games Founder Miles Anthony shared, “The DG team is proud to have Binance Smart Chain’s support and trust in our bold vision for the future of entertainment and free play, EV-positive gaming in the metaverse.”
The strategic investment in Decentral Games follows a series of other investments and partnerships that further show how strong the metaverse gaming project is and how much global interest it has garnered globally.
Industry giants such as Digital Currency Group, Polygon, Decentraland, Arca Funds, Hashkey, and Collab+Currency, along with the new addition of BSC accelerator funds, have strategically partnered with Decentral Games.
BSC’s cross-chain ecosystem supports the seamless onboarding of projects bridging from Ethereum, leading it to become the fastest-growing DeFi chain by volume in recent months.
Experts have estimated that the traditional gaming sector is poised to see a 9.64% CAGR from 2021 to 2026. At the intersection of cryptocurrency and virtual gaming, a similarly prolonged growth trend is underpinned partly by innovations in the emerging play-to-earn movement.
As the BSC ecosystem boasts ongoing critical user growth, it avoids the risks associated with scalability-related bottlenecks, including high transaction fees. BSC users currently benefit from lower gas fees 20 times lower when compared to other leading blockchain projects. Simultaneously, transaction volumes have increased sixfold on Binance Smart Chain compared to Ethereum.
Founded in 2019, Decentral Games has become a premier metaverse project within a short timeframe. Its leadership in the metaverse gaming space has helped bring the popular play-to-earn GameFi model to prominence.
The model rewards players for their continued participation on the platform. This unique innovation has allowed Decentral Games to amass a loyal following of dedicated players all invested in the collective proliferation of the brand. And true to its mission statement, play-to-earn has created a direct pathway that enables Decentral Games investors to “be the house”.
As new users are onboarded and begin to participate in the financial incentive structure offered by the platform, the growth of Decentral Games’ user base effectively raises the aggregate value of the project’s economy.
This year, Decentral Games has seen an outsized increase in demand for their immersive metaverse environments, enabling them to expand their product offerings and market segments. Decentral Games’ foray into the nightlife space with the debut of a virtual nightclub venue, and the NFT space with the addition of a dedicated platform for digital assets, have both greatly expanded the value proposition of the overall DG experience.
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Blockchain
DeGaming launches Web3 iGaming platform, names Ulle Skottling CEO
DeGaming has launched a Web3 iGaming platform and appointed Ulle Skottling as CEO, with the company positioning on-chain operations as a way to improve transparency across operators, affiliates and players.
The platform’s core product pitch is its proprietary “Glass Vault” technology, which DeGaming says provides real-time proof of funds and independently verifiable visibility of balances, transactions, and payouts.
DeGaming is also offering “Bankroll as a service,” routing transactions through its on-chain transaction engine to provide operators access to scalable liquidity for withdrawals and platform stability. The company said this is designed to reduce friction for operators trying to scale, while giving players visibility into the funds available on the platform.
The supplier said its unified platform combines game access, player account management (PAM) and reporting in a single blockchain-native operational engine. DeGaming added that operators can launch a customisable casino or sportsbook in “as little as two weeks,” including crypto and fiat deposits, automated payouts and a back-office.
Skottling joins as CEO to lead what DeGaming called its next phase. He has held senior roles at RAW iGaming, Videoslots and NetEnt. Skottling said: “The industry has evolved rapidly, but transparency and trust have not kept pace. It runs on what you can’t see, whereas we have built a platform that you can. We are challenging the model and defining the new standard for gaming infrastructure.
“Our Glass Vault technology gives operators, affiliates and players independently verifiable visibility into platform activity and funds in real time. The future of gaming will be built on openness, accountability and infrastructure that all participants genuinely trust.”
Emil Ahmed, co-founder of DeGaming, added: “Appointing Ulle as CEO is an important step in DeGaming’s next phase. We have built the platform around a clear belief that gaming needs more transparency, stronger infrastructure, and greater operational trust. Ulle brings the industry experience, commercial understanding, and leadership needed to take that vision to market and help operators launch with confidence.”
The post DeGaming launches Web3 iGaming platform, names Ulle Skottling CEO appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
Blockchain
Blockchain.com Opens Malta Office to Anchor European Operations
Blockchain.com announced the official opening of its Malta office, marking the next step in the company’s European expansion and its long-term commitment to building regulated digital asset infrastructure across the region.
The new office will serve as a strategic hub for Blockchain.com’s operations across Europe following the company securing its Markets in Crypto Assets (MiCA) license from the Malta Financial Services Authority (MFSA). The license enables Blockchain.com to passport regulated crypto brokerage services across the European Economic Area under the EU’s first comprehensive digital asset regulatory framework.
“We didn’t pick Malta by accident. Malta has taken a thoughtful and forward-looking approach to digital asset regulation. At Blockchain.com, we’ve spent over a decade building a brand of trust and integrity, and we’re bringing that same professional-grade standard to users across Europe. This office represents our commitment to building trusted, compliant infrastructure for the crypto market,” said Nic Cary, Co-founder and Vice Chairman at Blockchain.com.
Blockchain.com’s Malta office will support a range of functions including regulatory engagement, operational development and retail client services across the European market. The company will soon launch its institutional business, partnering with some of the region’s leading licensed firms.
Blockchain.com operates in more than 70 jurisdictions worldwide. Since 2011, Blockchain.com has processed over $1.2 trillion in crypto transactions, created more than 90 million wallets and verified over 40 million users. As a global crypto brokerage, Blockchain.com provides individuals and institutions with secure access to digital assets while maintaining a strong commitment to compliance, transparency and security.
The post Blockchain.com Opens Malta Office to Anchor European Operations appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
Blockchain
SCCG Management Partners with Coinspaid to Support the Expansion of Blockchain Payment Infrastructure for Gaming Businesses
SCCG Management, a global advisory firm serving the gaming industry, has entered into a strategic partnership with Coinspaid Solutions, a blockchain payments infrastructure provider, to support go-to-market efforts for crypto-enabled payment solutions across selected gaming markets.
Under the partnership, SCCG will support Coinspaid’s business development, strategic introductions and commercial expansion across gaming operators, platforms and technology providers. SCCG states that it works across iGaming, sports betting, tribal gaming and broader gaming technology, drawing on more than 30 years of industry experience.
Coinspaid’s infrastructure enables businesses to accept more than 20 stablecoins & other cryptocurrencies, automate conversion into 40+ fiat currencies, and manage payouts and treasury operations through a single infrastructure layer with API and plugin-based integrations. The company also states that it builds compliance into onboarding and payment flows, including AML/KYC/KYB controls, on-chain monitoring, MLRO oversight, ISO/IEC 27001 certification and independent audits.
The partnership will focus on helping licensed gaming businesses evaluate where crypto payments can improve settlement speed, expand payment optionality for cross-border audiences, and streamline payout workflows, subject to jurisdictional review, onboarding and applicable regulatory requirements in each market. Coinspaid also highlights rate lock at checkout, automatic fiat conversion and final settlement on eligible crypto payment flows.
“As gaming businesses continue to expand across markets, the demand for payment infrastructure that is both commercially effective and operationally resilient is only increasing,” said Stephen Crystal, Founder and CEO of SCCG Management. “Coinspaid Solutions brings together payments, payouts and compliance in a way that aligns with how many operators are thinking about growth today. We are pleased to support their expansion through our network across gaming and gaming technology.”
“At Coinspaid, we see sustainable growth in gaming as a combination of product capability, operational reliability and a compliance-first approach,” said Max Krupyshev, Co-founder of Coinspaid. “Our partnership with SCCG is designed to help businesses assess where stablecoin payments can add real value from player deposits and payouts to treasury operations, while keeping regulatory and risk considerations central to implementation.”
The partnership will also include coordinated business development and educational initiatives, including executive introductions, and educational content for operators and technology partners exploring blockchain payment infrastructure.
The post SCCG Management Partners with Coinspaid to Support the Expansion of Blockchain Payment Infrastructure for Gaming Businesses appeared first on Americas iGaming & Sports Betting News.
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