Blockchain
KuCoin Lists UFO Gaming – A Step Closer to Bridging the Gap Between Gaming and Blockchain
KuCoin is listing UFO Gaming, with only a few weeks till the end of 2021. After a remarkable year in crypto, with institutional and retail interest soaring, the project ends the year on a high note with numerous positive developments. Being listed on KuCoin, the world’s fifth-biggest cryptocurrency exchange demonstrates that they are one step closer to resolving the issue UFO Gaming intends to address: the gap between gaming and blockchain.
Video games have become ingrained in the life of many individuals. They are not only going to arcades or playing NES for entertainment purposes. It is a way of life, competitiveness, a culture, and a new way of seeing the world. The most profitable sectors are streaming and eSports. However, the challenges are sensible: present Play-to-Earn (P2E) models do not favor the average person. P2E through cryptocurrency is the first viable method for normal players to earn money as they play.
Gaming is massive. It is a thriving industry that encompasses streaming, eSports, and a variety of platforms. Astonishing statistics reveal earnings are projected to reach $175.8 billion in 2021 and $200 billion in 2023.
Since 2010, both the public’s monetary value and media attention have increased significantly. The term “cryptocurrency” alludes to the same phenomenon. Since 2011, cryptocurrency has grown at an exponential rate. Since 2017, the market has increased from $18 billion to more than $600 billion. It is presently valued at over $2 trillion and is expected to exceed $2 trillion by 2021. Coincidentally, two new sectors are forming and expanding: gaming and cryptocurrency.
UFO Gaming is bridging this divide. They want to bridge the gap between blockchain and conventional gaming, increasing adoption of blockchain gaming and developing and running their own games, working with established gaming businesses to incorporate their games onto the blockchain effortlessly.
UFO Gaming is the first blockchain startup to form a significant partnership with the well-known eSport, gaming, and content organization, Horizon Union, who have close ties with the giant brand, GFUEL. Signifying that they are further branching into the eSport scene, as they have just completed a successful tournament.
The UFO Gaming 10K Cup was live-streamed on Twitch, with professional streamers like Nokokopuffs from TSM, Apryze from Complexity Gaming to demonstrate their commitment to the community. A $10,000 prize pool was at stake. The highly anticipated community-led competition was a huge success. With a $10,000 prize pool, UFO Gaming is the first blockchain gaming firm to enter Esports and host a tournament of this magnitude.
UFO Gaming strives to empower gamers by providing easily accessible, competitive, and exciting games in which players retain complete control of asset ownership. This is accomplished by facilitating game assets (NFTs, currency) transfer across platforms and a transparent and sustainable play-to-earn gaming economy.
Kucoin listing UFO Gaming, the world’s largest centralized exchange for the altcoin market, signifies their commitment to expanding in several markets. The native token of UFO Gaming $UFO is currently actively traded on KuCoin in the UFO/USDT pair. With crypto’s current cross-chain limitations, being on a Centralized Exchange can be favorable to onboard retail interest.
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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.
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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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