Blockchain
Kryptomon to list its KMON token on Gate.io in partnership with its first Tier-1 CEX
Kryptomon is pleased to announce its token $KMON on Gate.io, following the sale of its first Legendary Kryptomon for an eye watering $49,700 in the first ever Kryptomon auction, the Kryptomon team seem to have no intention of resting on their laurels.
In an overwhelming outpouring of support from Binance users worldwide, not only did all 2000 Kryptomon Mystery Boxes sell out on the BinanceNFT marketplace in a reported 0.27 seconds, those same mystery boxes have generated a trading volume of almost $1M on the secondary resell market just days after listing.
With that string of achievements, it wouldn’t be surprising if the Kryptomon team took a short break to pat themselves on the back for a job well done. That’s not the case however as the Kryptomon team don’t seem to show any signs of slowing down. In addition to the recent release of their new Whitepaper and website, they’ve recently announced their partnership with a Tier 1 Centralized Exchange (CEX) – Gate.IO.
Umberto Canessa Cerchi, Founder and CEO of Kryptomon, commented on the new listing: “We are proud to announce our first listing of our KMON token on a centralized exchange, and as we promised to our community, we believe that our existing and future investors will enjoy the various trading benefits and features that our top-tier partners Gate.io offer on their amazing and advanced exchange, and that our community’s trading and investing experience will improve substantially by using Gate.io’s mobile trading apps and advanced desktop browser trading platform.”
Making KMON Accessible To All
On the 18th of November 2021, users will be able to trade the KMON token directly on the Gate.IO platform. As one of the top 10 centralized exchanges in the world that handles an average trading volume of $2 billion every day, Gate.IO is an excellent partner for Kryptomon’s first listing of its KMON token on a CEX. Not only will this introduce Kryptomon and the KMON token to Gate.IO’s 8 million strong user base, but will also pave the way for future players to easily purchase KMON tokens directly on Gate.IO without the hassle and risk associated with DeFi trading.
In addition, due to its long time partnership with fiat-to-crypto gateway company Simplex, the Kryptomon team is looking to bring forward their plans of integrating Simplex into the game before the end of 2021. This will once again make it much easier for millions of potential gamers and investors everywhere to get started as trainers will soon be able to make all Kryptomon related purchases (KMON, in-game powerups etc) directly in the game using their debit/credit cards, similar to popular games like Clash of Clans and PUBG today!
A Pioneer in the Crypto Gaming space
A common hurdle for crypto games today is its inaccessibility. A full 98% of gamers worldwide are not crypto-savvy enough to navigate the intricacies of DeFi, thus limiting their exposure to many up-and-coming crypto games.
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Blockchain
JuicyBet Launches Its Innovative GambleFi Platform
JuicyBet, a Web3 startup, announced the launch of its GambleFi platform. This platform combines finance technology and gambling via blockchain to create unique opportunities and experiences for users. The company strives to revolutionize the principles of the online betting industry and the interaction between platforms and users in this market.
What is GambleFi?
GambleFi uses blockchain technology to ensure the fairness and transparency of games and betting outcomes and for players to get their share of the platform’s earnings and participate in its governance and day-to-day by holding its tokens.
How JuicyBet works
JuicyBet fully utilizes blockchain technology to establish a new ecosystem that has never been seen in the gambling industry. It is centered around user participation and transparency while providing gambling thrills and quality entertainment.
All game records on the platform are kept in a public blockchain, while a set of smart contracts automates gaming outcomes and payouts and provides for the platform governance via the DAO model. This reduces fraud risks and operational costs, making JuicyBet a more efficient platform.
However, the platform’s main feature is the unprecedented level of user engagement via the platform’s native tokens.
- First, the tokens provide access to betting.
- Second, token holders get their share of the platform’s profit.
- Third, token holders can vote on key decisions on the platform’s development in JuicyBet DAO.
- And finally, DAO participants can also perform the role of oracles for bets and earn rewards.
In other words, JuicyBet doesn’t try to be just another gambling platform. It establishes a new ecosystem where users are in control of the platform and bets and are the beneficiaries of the platform.
In addition, JuicyBet offers additional earning opportunities, such as Double Farming and staking for token holders.
JuicyBet has already been noticed by users and investors – the platform’s 3-month turnover has exceeded $1,5 million, according to on-chain data available via Dune, and multiple centralized exchanges and launchpads have listed it.
Blockchain
Kore Digital Mining Ltd Announces Additional 14 PH/s Bitcoin Mining Capacity
Kore Digital Mining Ltd, a UK based Bitcoin mining company, announces that effective 1st May 2024, an additional 14 PH/s mining capacity will be added to its existing infrastructure.
This additional capacity will be provided by a major Bitcoin mining corporation and will be operational until 30th June 2024.
Derek Nisbet, Kore’s Founder & CEO, said – “We are pleased to work with a leading Bitcoin Miner in securing a large amount of mining capacity, for a 2 month trial period. We look forward to hopefully extending this period and engaging more with major mining corporations offering Bitcoin hashing opportunities, in the future.”
This additional 14PH/s Bitcoin mining capacity adds to the existing 2 PH/s currently operational with Kore’s own infrastructure and an additional 4 PH/s is due to be added over the next quarter, totalling 20 PH/s.
The post Kore Digital Mining Ltd Announces Additional 14 PH/s Bitcoin Mining Capacity appeared first on European Gaming Industry News.
Blockchain
HIPTHER Announces Major Expansion into Fintech, Blockchain, and AI, Reinforcing Its Position as a Diverse Industry News Leader
Building on its established success in the gambling and iGaming sectors, HIPTHER Agency is excited to announce a significant expansion of its editorial focus into three dynamic industries: fintech, blockchain, and artificial intelligence. This strategic move is part of HIPTHER’s ongoing commitment to providing comprehensive, in-depth coverage across a spectrum of industries, including virtual reality, esports, and official global government releases.
Focused Expansion for a Diverse Audience
The expansion into fintech, blockchain, and AI represents HIPTHER’s dedication to staying at the forefront of technological and financial advancements. By integrating these sectors into the HIPTHER .com platform, the agency offers its audience a rich, diverse content experience, positioning itself as a one-stop destination for insights across these cutting-edge fields.
Enhanced Digital Presence and Accessibility
Complementing this expansion, HIPTHER continues to enhance its digital footprint. The agency’s Android app has already established a strong user base, and with the anticipation of an iOS app in 2024, HIPTHER is set to broaden its reach and accessibility. The agency’s social media channels are also being rebranded to reflect this expanded focus, ensuring a cohesive and comprehensive digital experience.
Unwavering Commitment to Quality and Insight
HIPTHER, known for its high-quality content in the gambling industry, extends this commitment to its new sectors. The agency’s team of experts and seasoned journalists is dedicated to delivering insightful, accurate, and timely information, catering to the needs of a diverse, global audience.
Zoltan Tundik, Co-Founder and Head of Business at HIPTHER, states, “Our expansion into fintech, blockchain, and AI is a natural progression of our mission to provide diverse, in-depth industry news. We’re excited to bring our expertise and quality content to these vibrant sectors, while continuing to serve our existing audiences with the coverage they trust.”
For more information, please visit HIPTHER.com
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