Blockchain
Veloce partners with NFT and blockchain gaming conglomerate Animoca Brands
Veloce signs a long-term, broad-reaching partnership with Animoca Brands
Animoca Brands subscribes to Veloce’s pre-IPO funding round
Animoca Brands invests the REVV utility token as a component of the agreement
Veloce, the world’s leading esports & racing growth platform, today announced it will combine its strength in the rapidly expanding global esports space with Animoca Brands, the company leading a period of unprecedented growth in the blockchain and NFT sector — an industry witnessing vast revenues and highly captivating, lucrative transactions.
Under the partnership agreement, Animoca Brands has invested REVV, its branded motorsports utility token, into Veloce’s recently announced pre-IPO funding round. Beyond Animoca Brands’ investment, the partnership spans Veloce’s extensive esports operations, including over 10 teams, 40 channels, 215 million monthly views and unique racing leagues like Squadsprint.
The partnership also covers sister company Veloce Racing — competing in the innovative electric racing Extreme E series — and in doing so, represents the first real-world global motorsport outfit to be partly funded by REVV tokens.
Jack Clarke, Co-Founder and Chief Innovation Officer for Veloce commented “I’m incredibly excited about the partnership we’re building with Animoca Brands. With a concentrated focus on blockchain integrated gaming, we see an immense future for tokenised gaming and sport. No organisation matches Animoca Brands’ breadth and portfolio within the blockchain gaming space, and we are excited to leverage our 200 million plus monthly viewership to build a truly integrated ecosystem for our combined digital audiences.”
Animoca Brands, whose partners include Formula 1®, Formula E and Moto GP Yat Siu, co-founder and chairman of Animoca Brands, added “Veloce and Animoca Brands have clear synergies: aside from considering Veloce as a highly valuable investment opportunity, we are incredibly excited to develop a partnership that spans blockchain integrated gaming as well as real-life sport in Extreme E.”
Powered by WPeMatico
Blockchain
Metalottery Launches Blockchain Lottery Revolution: Zero Fees, Instant Wins and Life-Changing Jackpots in Crypto
A brand-new online lottery portal built on blockchain technology is shaking things up in the world of chance. Metalottery, the first-ever decentralised blockchain lottery platform, officially launched, introducing a new era of transparent, thrilling and rewarding lottery gaming. By combining cutting-edge blockchain technology with the excitement of lotteries, Metalottery offers players unprecedented fairness, security and the potential to win life-changing prizes.
“Metalottery is not just another lottery; it’s a paradigm shift. We’re giving power back to the players by offering a transparent, secure, and exciting lottery experience that’s built for the web3 age,” Dioni Bouropoulos, COO of Poollotto Finance, said.
Unlike traditional lotteries, Metalottery uses Chainlink’s Verifiable Random Function (VRF) to ensure provably fair and unbiased results for every draw. And with new lottery rounds starting every 8 hours, players can enjoy the thrill of winning more often than ever before.
At the heart of Metalottery is the PLT token, the fuel of the platform’s ecosystem that players can use to purchase tickets. Metalottery makes purchasing Pool Lottery Token (PLT) available and straightforward on their website. Players can also spin the “Wheel of Fortune” for additional rewards as well as participate in a growing community of lottery enthusiasts on Telegram and Discord.
Bouropoulos added: “Our platform is designed to be inclusive and accessible to a global audience. By combining innovative technology with a user-friendly interface, we empower players to take control of their lottery journey. We are charging no fees for participation and all proceeds from tickets go towards the jackpot. Our goal is to build the biggest lottery community in the world.”
The post Metalottery Launches Blockchain Lottery Revolution: Zero Fees, Instant Wins and Life-Changing Jackpots in Crypto appeared first on European Gaming Industry News.
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.
-
Africa7 days ago
EGT Tanzania consolidates its status as a leader in Africa with a major installation at Grand Leone Casino in Sierra Leone
-
Asia6 days ago
WorldMatch Certifies Games for the Philippines
-
Latest News6 days ago
GambleAware responds to inaccurate and misleading claims
-
Brazil6 days ago
FairPlay Sports Media launches in Brazil with localized oddschecker brand
-
Asia6 days ago
BETER to exhibit at SiGMA Asia
-
Latest News6 days ago
SBC announces major industry event launch in 2025 with SBC Summit Americas
-
Balkans5 days ago
Amusnet Brings Top-Notch Entertainment to Belgrade Future Gaming 2024
-
Alonso Huiman5 days ago
Pragmatic Play Launches Live Casino Offer at Atlantic City