Blockchain
GEMS Esports 3.0 Platform Successfully Raises 5,000,000 USDT
GEMS, an Esports 3.0 aggregator Platform that combines the elements of GameFi, Esports, Metaverse and SocialFi (GEMS) , is set to launch in Q2 2022. The GEMS Esports aggregator platform has successfully raised 5,000,000 USDT, and has acquired support from 30+ venture capitals, and 45+ ecosystem and solution partners, including, but not limited to heavyweight GameFi leaders such as, Project Seed, FOTA, DreamQuest, World Overlay, Moon Ray, Starverse (AAA Games).
Forging the future of blockchain and Esports gaming, GEMS is bringing Esports 3.0 to the table. In the age of Esport 3.0, this is the first time that players get to own digital assets and have more say in the gaming community, and economy. Similar to Web 3, people can now read, write, and own the content, and fully immerse themselves in the gaming world.
According to Newswagg’s research, the blockchain gaming industry had market revenue of US$321 million in 2020 with around 41.9 million gamers owning crypto. The combined blockchain and Esports market is facing exponential growth, where the blockchain Industry Is capitalizing on Esports. It is clear that times are changing, which is why GEMS is diving into different elements of blockchain and Esports, and becoming the pioneers and leaders of Esports 3.0.
“GEMS has the vision to create the next Esports ecosystem from online to offline jointly supported by LABS Group, Arena Esports Hotel, and Game One Inc. With this strong alliance, I am positive that GEMS is going to fulfill its goals and transform the world,” said Andy Koh, CEO of GEMS.
More than 32 VCs have invested in GEMS Esports 3.0 platform currently, such as OIG, Gain Associates, Crypto Vietnam, Kenzo Ventures, Plutus.vc and many more. Over the past few months, GEMS has outreached 800K+ users and partnered with 30+ Blockchain and Esports associations and companies at C Suite level.
“I believe GEMS will fly to the moon once launched. It has everything needed to get started with blockchain. It is basically STEAM, but a blockchain version, plus a guild in an O2O economy/ sharing economy. We want to make crypto/ blockchain/ GameFi/ NFT available to everyone by setting a low entry fee and rental fee. GEMS is the most advanced ecosystem at the moment,“ Yuen Wong, Co-Founder of GEMS emphasized.
GEMS will integrate an online system with an offline presence. Online refers to the GEMS platform, while offline refers to their hotel network across Asia, with Southeast Asia as the initial stepping stone. With an ambitious goal to own 50 hotel touchpoints in three years, players can gather teams and battle in competitions in Esports and GameFi tournaments.
Shaping the future of the gaming industry, GEMS’ 5 core business pillars include NFT Marketplace and DeFi Union that introduce multiple payment models and loans to make expensive NFTs available for everyone; A FanFi Studio that has a comprehensive system to recruit, train, and empower aspiring GameFi gamers, influencers, and streamers; A DAO Guild that offers gamers an opportunity to become guild trainers, team up with others, and create an in-game community; last but not least a Play-to-Earn Arena that allows players to gather online to play, and form teams and battle with others in competitions.
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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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