Blockchain

Island Broadcast Media launches NFT virtual ownership project with Crypto-Pills Gaming Company

Published

1 year ago

February 14, 2023

Reading Time: 2 minutes

Island Broadcast Media has agreed a partnership with The Crypto-Pills Gaming Company for an industry-first creative project which will facilitate digital ownership of virtual horses or greyhounds through Blockchain Addressable Surfaces.

Gamers will now seamlessly be able to buy a digital stake in a horse or greyhound as an individual or as part of a community.

Digital owners can follow their asset’s performance and gain returns on their investment as they race at virtual replica tracks across Europe and the USA. After a predefined time period the asset will be retired and then minted into an NFT which is validated with Blockchain technology.

This NFT project has its origins in the Virtual Gaming world where early adopter Dave Mousley provided the catalyst for the vast growth of the vertical through his Red Vision business. The company was later acquired by Inspired Gaming which is now the global leader in virtual sports.

Backed by a stable of industry pioneers, including Mousley, Heath Samples, Graham Martin and Jonathan Mills, Island Broadcast Media is democratising horse and greyhound ownership using state-of-the-art technologies.

Dave Mousley, co-founder of Island Broadcast Media said: “Sometimes the combination of two streams of development combine to create something really exciting, and this NFT project promises to bring a new dimension to player engagement. We have also launched a range of fixed odds, betting and gaming products which we are now beginning to introduce to the market. The incorporation of unique NFTs inside the Virtual Sports world creates an exciting crossover between the Blockchain and Virtual sports.”

“When we saw what Crypto-Pills was developing, we immediately realised the synergies and were delighted to announce a formal alliance between the companies to develop and deliver the combined technologies within our virtual racing and gaming products”, said Heath Samples , Chief Executive of Island Broadcast Media.

Gaming and betting pioneer Graham Martin, a main board director of both companies and who has been instrumental in connecting the technical and creative teams to achieve this, stated: “As the founder of The Crypto-Pill Gaming Company Limited I am delighted to have created this innovative new venture, combining collective expertise in the gaming industry with the creativity of a true digital art pioneer, as the future of gaming is being shaped by blockchain technology, so we are all excited to be at the forefront of this transformation.”

Blockchain

JuicyBet Launches Its Innovative GambleFi Platform

Published

2 weeks ago

May 2, 2024

GamingAmericas.com

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

Published

3 weeks ago

April 25, 2024

Wladimir P.

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Reading Time: < 1 minute

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

Published

4 months ago

January 9, 2024

George Miller

hipther-announces-major-expansion-into-fintech,-blockchain,-and-ai,-reinforcing-its-position-as-a-diverse-industry-news-leader

Reading Time: < 1 minute

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