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Cryptocurrency

Moonfrost closes $4.5m Seed Round

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Moonfrost has successfully raised $4.5m in a seed round led by Blocore which includes: Supercell, Pantera Capital, Animoca Brands and Griffin Gaming Partners. Games industry legend Sir Ian Livingstone and Phil Mansell (Jagex CEO) are also onboard as angels.

Moonfrost is a multiplayer, social-simulation / farming RPG that combines the best bits of Stardew Valley, Animal Crossing and Zelda: Breath of the Wild. It’ll be a premium-level experience that prioritises great gameplay for a broad audience.

The game is currently being developed by Oxalis Games, a UK based, entirely remote studio founded by BAFTA winning game developer Ric Moore (CEO), and ‘Boss Witch & Art Director’ Gina Nelson.

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The studio’s founders bring a wealth of experience and knowledge to the crypto space: Ric, previously co-founded Bossa Studios and The Secret Police, best known for developing Stardew Valley for mobile. Gina has over a decade’s experience in the games industry, she has led multiple art teams and worked with many major brands, including: Gears of War, Star Wars, Hasbro and Disney.

“We’re building the next generation of crypto games where fun comes first” says Ric, “we intend to raise the bar in terms of quality and user experience. We’re also doing some pioneering things with NFTs which we haven’t seen done before.”

The Oxalis Games team is rapidly expanding, attracting talents from industry leading game studios including the likes of: Epic, Mediatonic, Sumo, Natural Motion, Unity, EA and Ubisoft.

Moonfrost has partnered with New York based Sweet Farm, described as “the first non-profit sanctuary in the world to address the global climate impacts of factory farming across animals, the plants, and the planet.” You will be able to buy digital versions of real animals from Sweet Farm in the form of NFTs, which you can then raise on your in-game farmstead.

James Lim, founder of Blocore, says “we believe the farming/simulation genre is perfect for blockchain gaming and the Moonfrost team have a track record of making this type of game a big global success.”

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Gina adds, “We’re building a game to stand the test of time. It’s going to redefine people’s perception of crypto games. I couldn’t be more proud to be a part of such an innovative studio.”

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Cryptocurrency

Hub88 strikes exclusive partnership with crypto giant Stake.com

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Hub88 has entered into a partnership with Stake, which will see it become the exclusive aggregation partner to the trailblazing crypto behemoth.

Through the alliance, Stake will integrate the entire content portfolio of Hub88 and provide its players with games from 120+ of the industry’s most sought-after studios.

As well as hit slot titles, Stake will benefit from live dealer and other iGaming content available via Hub88’s premium platform offering, as well as value-added propositions such as HubWallet Banking, Crypto Payments, and chat services which is part of the provider’s ecosystem.

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Stake is a community-based betting platform that was established in 2017 and quickly became the world’s biggest cryptocurrency sportsbook and casino. The operator also has a substantial sweepstake casino offering, providing free-to-play casino experiences to users.

The exclusive deal is an extension of an already successful partnership between the two brands and will help both companies significantly propel their ambitious commercial growth goals.

Mark Taffler, Commercial Director of Hub88, said: “We’re delighted to take our relationship with Stake to the next level. Fundamentally, we come from the same place as crypto is at the heart of what we both do.

“We will now be able to work even more closely with Stake. and help them boost their business by providing our best-in-class tech offering, content supply and account management while further adding value by delivering our business-enabling propositions such as Banking, Crypto Payments, and our HubWallet solution.”

Eddie Craven, Owner of Stake, said: “We’ve grown to trust Hub88 implicitly and their transparency and approach to business makes us secure that we are provided with the best content offering with a superior tech stack and back-end support.

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“Hub88 is genuinely an extension of our own business and as a trusted and well-established partner, we’re super excited to take this to the next level.”

The post Hub88 strikes exclusive partnership with crypto giant Stake.com appeared first on European Gaming Industry News.

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BitLine

BitLine Enhances Onboarding Experience in Collaboration with Jumio: Simplified KYC for Casino Patrons

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This collaboration emphasizes convenience, security and regulatory compliance

Through the BitLine app, users can seamlessly transact with up to US$10 million in casino chips 24/7

BitLine, a pioneering provider in the integration of digital assets for direct access to casino chips, proudly announces a strategic alliance with Jumio, an industry leader renowned for its comprehensive know-your-customer (KYC) solutions.

This partnership marks a significant milestone as BitLine streamlines its onboarding process for casino patrons, ensuring a seamless and secure journey into the realm of digital asset-based payments for gaming.

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The collaboration between BitLine and Jumio signifies a commitment to delivering unparalleled convenience while upholding the highest standards of security and regulatory compliance. By leveraging Jumio’s advanced technology, BitLine reinforces its dedication to building trust among users and offering a frictionless experience for individuals seeking access to casino chips via digital assets.

Richard Jones, the Chief Executive Officer for BitLine by Ibanera, expressed enthusiasm about the partnership, stating: “Trust and compliance are the cornerstones of every successful casino venture. At BitLine, our vision to innovate this industry through digital assets hinges on maintaining trust and adherence to regulations. Our collaboration with Jumio represents a monumental stride towards achieving this vision, ensuring that casino patrons transact securely and confidently through our platform.”

Echoing this sentiment, Robert E Prigge, the Chief Executive Officer for Jumio, commented: “The evolving landscape of digital assets presents endless possibilities and BitLine’s innovative approach has reshaped the casino industry. By eliminating withdrawal limitations and expanding accessibility, BitLine has ushered in a new era of gaming. We are thrilled to contribute to BitLine’s journey by providing essential elements of security and compliance.”

BitLine by Ibanera grants cryptocurrency owners unprecedented access to up to US$10 million in casino chips, 24/7/365, serving as a conduit for liquidity on the casino floor. Through the intuitive BitLine app, casino enthusiasts worldwide can initiate transactions within minutes, leveraging their digital assets to unlock funds effortlessly.

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Cryptocurrency

Payhound empowers LSports with a seamless solution to receive payments

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Fintech crypto company Payhound has been facilitating leading data provider LSports to accept payments from its clients.

As the premier data provider, LSports offers real-time sports data, providing operators with a competitive edge in the sports betting saturated market. By using Payhound’s solution, LSports can conveniently receive payments from its clients, significantly enhancing operational efficiency.

Established in 2018, Payhound’s mission is to enable businesses to handle cryptocurrencies with the same ease, security, and transparency as dealing with fiat currency. Through crypto, Payhound offers fast and efficient international payments, with security being a fundamental principle in all its operations.

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Commenting on the partnership, a spokesperson for LSports stated: “Partnering with Payhound to optimize our payment solutions signifies a significant advancement in our global business strategy. This collaboration enables us to conduct transactions swiftly and securely, further bolstering our position as a premier data provider in the industry.”

Elton Dimech, Managing Director at Payhound, added: “We are delighted to service LSports.Through our platform, clients like LSports can easily receive payments, have such funds instantly converted into fiat, and as a result, greatly improve their operations and availability of funds. We look forward to continuing to be their reliable crypto partner in the future.”

Payhound is licensed by the Malta Financial Services Authority (MFSA) and is a holder of a Class 3 VFA License under the Virtual Financial Assets Act of 2018. The company has recently revealed its achievement of ISO 27001 certification for the second consecutive year.

The post Payhound empowers LSports with a seamless solution to receive payments appeared first on European Gaming Industry News.

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