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SideQuest Gamers Hub purchases 50,000 CCT from CC Technology to go carbon neutral
Carbon Credit Technology, a blockchain-based climate tech project opening access to the regulated EU Emission Trading System (ETS), partners with leading UK esports group SideQuest Gamers Hub. Through the partnership, SideQuest purchases the necessary amount of CCT tokens needed to offset its entire carbon footprint for its UK operations in 2022.
Sixty-three percent of UK citizens believe businesses should take immediate action to counter climate change. Data from CDP indicates companies with outlined public renewable energy or greenhouse-gas reduction targets improve their competitive positioning and compliance. While many businesses and organizations support taking environmentally-conscious actions like investing in carbon credit markets, a mechanism helping ween the world of carbon, the largest carbon credit marketplace—the EU’s ETS—remains locked to all non-EU businesses and organizations.
The partnership with CC Technology enables SideQuest Gamers Hub, the UK’s largest esports community with more than 75,000 active members, to become carbon neutral by purchasing enough CCT tokens to cover its entire UK operations for a year. CCT is the first and only cryptocurrency backed by European Union Allowance (EUA), the most traded carbon credits in the world, providing access to the EU ETS. CC Technology helps non-EU businesses like SideQuest invest in carbon-reducing initiatives that contribute to the battle against climate change.
CC Technology leverages blockchain technology to promote an action-based solution to achieve the goal of net-zero carbon emissions by 2050 and recently joined the World Economic Forum’s Crypto Sustainability Coalition. The company purchases carbon credit certificates, which it then tokenizes into CCT tokens on the eco-friendly Algorand blockchain. Each CCT represents one kilogram of European carbon allowances. All tokens were minted at the genesis and will be distributed according to a predefined schedule, enabling retail consumers and small businesses, who have until now lacked access to the EU ETS market, the opportunity to take part.
“We are beyond elated to work with the UK’s largest esports hub, empowering them to become carbon neutral,” says Zhi, Founder and CEO of CC Technology. “It is important for us at CC Technology to collaborate with businesses that genuinely care about the environment and understand the importance of achieving net-zero carbon emissions in the not-too-distant future.”
“We are really impressed with CC Technology’s project, and saw working with them as a great way to become carbon neutral,” says Zhaorong Chen, CEO of SideQuest Gamers Hub. “At SideQuest we aren’t just doing this for good publicity, we are passionate about taking care of the environment, and any initiative we can take to contribute to reducing carbon emissions is worth it.”
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Eagerly anticipated release now confirmed following a highly successful exclusivity period with Rush Street Interactive
Play’n GO has today announced the official US release of its hit title Colt Lightning Firestorm, following a three-week period of exclusivity with Rush Street Interactive brands BetRivers and SugarHouse.
Colt Lightning Firestorm was released in Europe and other jurisdictions in May 2024, and its release in the US comes with much fanfare following the game’s rave reviews in its short exclusivity period. The game is a sequel to the wildly popular Colt Lightning game which was released early last year, and indications at this stage suggest that this sequel may prove even more successful.
This announcement sees Colt Lightning Firestorm available to players in each state and operator with whom Play’n GO is licensed. Play’n GO first entered the online casino market in the US in 2022, and has reiterated its commitment to becoming active in every regulated market around the world.
Magnus Olsson, Chief Commercial Officer at Play’n GO said: “We’re excited to unveil Colt Lightning Firestorm to the wider online casino gaming community in the US, and have been very pleased to see its strong performance during its exclusivity period with Rush Street Interactive. We had high hopes for the game following the success of its predecessor, and we’re confident that these robust results will continue now that the game is available to an even bigger audience.”
Esports entertainment company BLAST has announced plans to host two popular esports events in Singapore in 2024 and 2025.
BLAST will bring both world-class Counter-Strike and Dota 2 tournaments to the heart of Southeast Asia, marking a major step in Singapore’s emergence as an esports and gaming hub. Supported by the Singapore Tourism Board (STB), these high-profile events will bring the world’s best esports teams and players from all across the world to compete in Singapore.
BLAST has teamed up with AEG Presents Asia, one of the world’s largest live entertainment entities to bring these events to Singapore. The partnership forms part of BLAST’s ambition to create the best esports experiences by working closely with premier destinations and the biggest and best live entertainment partners.
More than half of global esports views (57%) are estimated to come from the Asia Pacific region, 47% more than any other region in the world with the global market valued at $1.6 billion.
By bringing the top-tier Counter-Strike and Dota 2 tournaments to Singapore, BLAST aims
to attract global esports talent, foster local growth, and elevate Singapore’s status as a destination for world-class esports entertainment.
James Woollard, Director of Market Development at BLAST, said: “We are incredibly excited to bring two of the biggest esports titles to this vibrant destination. Over the coming 18 months, Singapore will become a major hub for esports in Southeast Asia, and with the support of the Singapore Tourism Board, we look forward to delivering unforgettable experiences for fans while helping to build a thriving esports ecosystem in the region. Bringing the first BLAST arena event to Singapore is an exciting first step in this journey. The World Final will see the world’s best Counter-Strike players and teams fighting for a $1,000,000 total prize pool.”
Ms Ong Ling Lee, Executive Director, Sports and Wellness, Singapore Tourism Board, said, “We are excited to host the BLAST Premier World Final and the BLAST Dota Slam in Singapore. The Counter-Strike event marks the first BLAST-branded event in Southeast Asia and the inaugural Counter-Strike tournament series in the region, solidifying Singapore’s position as a world-class esports destination. We are confident that the international participants and their legions of fans will have a memorable experience in Singapore, immersing themselves in the diverse and dynamic offerings of our city.”
The World Final 2024 will take place from 30th October – 3rd November and will be the first BLAST event to take place in Singapore, followed by the BLAST Dota Slam in 2025. The World Final will be the biggest Counter-Strike event to take place in Singapore, where the world’s best eight Counter-Strike teams will compete for a massive prize pool of $1,000,000 and the chance to claim bragging rights as the best team around.
Qualified World Final teams: NAVI, Team Spirit, Team Vitality, FaZe Clan and G2 Esports.
Fans can sign-up for the pre-sale window by registering with BLAST.tv, where they will also receive updates and information on tickets.
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