Blockchain
Swifty Global, Prepares for the Launch of Its Swifty Predictions App
Dear Cashmere Holding Company, known as Swifty Global, is a technology company focused on creating ground-breaking solutions in the Financial and Sports Betting Sectors. The company has developed two disruptive mobile applications (apps) for sports predictions and a digital wallet which encompasses Artificial Intelligence (AI) and Cryptocurrency/Blockchain Transactions.
Following on from the momentous achievement of recently obtaining its UK gambling license and previously, its Curacao license, Swifty’s app has been accepted onto the Google and Apple stores for the United Kingdom and connected markets. The app is expected to be available for download in the coming weeks with the UK being one of the largest sports betting markets in the world.
Swifty’s payment gateways and merchant banking accounts are now all in place and fully integrated. The company has successfully concluded its independent 3rd party security testing and in order to go live, Swifty is now only waiting for its GLI Certification. Although this has been a lengthy and at times very frustrating process, this is a highly regulated sector with the potential of huge financial gains. The associated security risks make it fundamental that the entire app went through every form of repetitive and robust testing. It was also vital that the app was fully integrated with the payment gateways before launch. These solid foundations will allow Swifty to scale up and quickly launch the app in other markets as soon as their respective licenses are approved. The company has already applied for additional gambling licenses in several territories.
Swifty is preparing to roll out its aggressive marketing campaign to obtain users in the licensed regions. The initial focus is to generate as many users as quickly possible. The Swifty predictions app is highly interactive and brings a new form of engaged betting to users which Swifty is confident will stimulate a substantial amount of viral marketing. Alongside conventional marketing campaigns, affiliate marketing, SEO, and other forms of digital online marketing, the company is also partnering with several sports celebrities, influencers, and sports events to drive awareness and traffic.
Swifty is progressing well in all areas of the business including its VIP sportsbook development and its financial audit. The audit will put the company in a position to be fully reporting late in the Summer or early Autumn of 2022.
Swifty Global CEO, James Gibbons, commented: “While it sometimes feels like progress is slow, we are very much on track and progressing at a phenomenal rate. Swifty is a highly scalable business which is expected to have strong cashflow and revenue. It has been extremely important that we have all the foundations in place to allow us to scale rapidly and confidently. The solid foundation we have been building will allow the business to flourish and create long- term sustainable shareholder value on a major exchange. The OTC is a steppingstone for us, and the strategy has been to perfect the product, obtain the required licenses and launch the product to the market before up listing to a major stock exchange and we are confident that this is now on the horizon.”
Swifty Chairman, Nicolas Link commented, “It’s disappointing that the company’s current market cap is so well below the technology value and whilst I do not provide investing advice, I personally believe that the market cap will eventually fall in line with the technology valuation and Swifty’s revenue generation potential. Whilst the market conditions are particularly challenging for most businesses at the moment, the Swifty Predictions app is unique, offering a low value, high frequency form of high-speed betting which is more fun and engaging than anything which is currently available. In past bear markets, I have seen that companies who are well-managed, well-structured, with solid foundations in place and offer useful products and services, will usually benefit in the medium to long term and come out stronger. There is no doubt in my mind that Swifty will be a great business that performs at the top level on a major exchange in the future.”
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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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