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Shakepay, a company that allows Canadians to buy, sell and earn bitcoin, has announced a $44 million Canadian dollar ($35 million USD) Series A investment led by QED investors, a U.S.-based venture capital firm. The funding will be used to scale the business and launch new products. The valuation of
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press release PRESS RELEASE. GemUni, a Decentralized NFTs Gaming Platform for Play To Earn, has announced that its upcoming Initial DEX Offering (IDO) will be conducted on three launchpads GameFi, Red Kite, and KrystalGO on January 19th. GemUni is building a Decentralized NFTs Gaming Platform for everyone around the world
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According to a document produced by a Pakistani policy advisory board, the country is likely to earn billions of dollars from crypto-asset holders. Yet for this to happen, the country first needs to create the appropriate regulatory framework for crypto assets. Cryptocurrencies Could Boost Reserves Pakistan may potentially raise billions of
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Competitive drone racing is joining the play-to-earn party.Drone Racing League (DRL) and Web 3 game developer Playground Games have tapped Algorand’s blockchain to create the first play-to-earn drone game in the metaverse, announced by the league on Wednesday.The details for the game itself have yet to be determined – a
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TPG Telecom and the Avocado Guild, a blockchain gaming business focused on the play-to-earn (P2E) model, have teamed up to allow customers to exchange their AVO DAO tokens for mobile data credits. AVO DAO is the native digital currency of the Avocado Guild. It will be utilized to incentivize players
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A major cryptocurrency exchange in India, Wazirx, has reported “a massive surge in user signups” this year, with 82% of its users making profits on their crypto investments. Its trading volume also rose 1,735% from the previous year. Meanwhile, the Indian government is actively working on the country’s crypto regulation. $43
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GameFi is one of the hottest new trends to emerge from the crypto industry, combining decentralized finance (DeFi) and non-fungible tokens (NFTs) with blockchain-based online games.Unlike many traditional online games, which operate on a “pay-to-win” model and allow players to purchase upgrades in order to gain an advantage over others,
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Note, however, that NFTs and the underlying smart contract technology is still relatively new. As such, many of the applications providing the opportunities highlighted in this article are in their formative stage. In light of this, it is advisable to carry out due diligence and understand the risks involved before
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Gaming is a popular pastime activity among over two billion people. It’s so popular that the gaming industry is now valued at $173.70 billion with estimates suggesting that it will sit atop the quarter trillion dollars mark in the next five years. Sadly, despite this massive growth trajectory, the industry has
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BixBcoin holders can now earn 60.60% APY on their holdings on Hotbit. The digital asset which had been listed on the exchange was added to the Hotbit Investment Panel. Users who sign up for this Incentive Plan can earn high interest on their holdings for 90 days. It is one
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