Blockchain
Breaking news: Oly Sport opens Testnet to give away VR glasses and NFT horses to the best riders
Oly Sport’s limited Testnet will last from December 28-30 with valuable gifts for the best players.
Following the set schedule, Oly Sport is ready to enter the Testnet phase in the last week of this December. Oly Sport is a horse racing game built on the Binance Smart Chain platform with a unique play-to-earn mechanism and particular horse breeding system.
After a long time waiting, Oly Sport has officially announced the first round of Testnet from December 28 to December 30. This is a critical stage to prepare for the Mainnet, so Oly Sport will give unique slots to those who have supported the project since the early days, specifically as follows:
Reward:
- Top 1-3: Oculus Quest 2
- Top 50: Lucky draw to win purebred horses (Total horses: 6 horses of 3 breeds, 2 of each breed)
(Except for the prize, any data at the Testnet stage will not be transferred to the Mainnet)
In addition to the rewards, Testnet participants will understand the gameplay mechanics better, how to earn $OLY from the races, and the impact of $OLY on the in-game economy. This experience will play a crucial role in improving Oly Sport’s final version for the development team.
Oly Sport is the latest project of CEO Jimmy Chan and his startup team in Canada. Jimmy Chan started with a real estate company called Odyssey 3D, which quickly grew to Top 100 companies in Ontario, Canada.
Revolutionizing traditional horse racing
Oly Sport is a game that follows the metaverse trend, solves the traditional problem using the blockchain, and is the only game that does not follow the betting like conventional horse racing. Furthermore, the $OLY token will be secured by tangible assets – natural land.
Unique horse system
The NFT horses in Oly Sport are characterized by dissimilar DNA, bloodline, genotype, generation, rarity, coat color, and genetic potential. Each horse is a different being that brings different values. That’s why Hollywood Star Lindsay Lohan spent 80,000 BUSD to buy a Majestic Sam Horse at the first auction of Oly Sport on November 29.
Outstanding economic system
Not only provides a unique race-to-earn mechanic experience, but Oly Sport also helps players become “shareholders” of real-life racecourses – something that no other NFT games can do.
Celebrity endorsement
The long-term vision and strategy of the development team have made Oly Sport more and more popular. The NFT horse racing project has received much support from prestigious sports journalist Fabrizio Romano, famous car vlogger Supercar Blondie, Shark Tank shark Kevin O’Leary.
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
Veteran Horse Racing Gaming Exec Joins Game of Silks as President and Chief Operating Officer to Gear for Hyper Growth
Game of Silks, the first metaverse that mirrors the real world of thoroughbred horse racing, has added Ron Luniewski, a sports, gaming, and entertainment veteran with a proven track record of success and growth, to its executive suite.
Luniewski joins Silks from the gaming world where he established a reputation as a builder, leveraging emerging technology to initiate hyper growth for companies and lead them successfully through massive expansion. Prior to joining the Silks team, Luniewski transformed Xpressbet from a small regional phone operation with 15 employees to a multi-platform juggernaut generating more than $300M in annual revenue and growing the team up to 150 employees by the end of his tenure. Before that, Luniewski was a pioneer in expanding access to horse racing early on, leading the first ever legal online horse gambling website, YouBet.com, as Chief Executive Officer from 1996 to 2002, kickstarting what is now a $7 Billion enterprise.
“Throughout my career, I have looked for ways to employ innovative technology to grow the sport of horse racing, so I was immediately inspired when I came across Game of Silks. Silks is a revolutionary platform that can fundamentally change horse racing by giving a whole new class of fan the ability to participate in this sport. Major players in racing, like the New York Racing Association (NYRA), have already hitched their wagon to Game of Silks, having seen its potential. We’re excited to establish additional partnerships with the racing community as we advance,” said Luniewski.
Despite the current bear market, the Silks executive team continues to expand to meet demand. Game of Silks, the fasting growing metaverse sports game in the space, added Srini Vasan, former DraftKings Vice President of Engineering, in April as the platform’s Chief Technology Officer. Additionally, Silks has secured landmark partnerships and agreements with horseracing titans NYRA, Fox Sports and The Jockey Club while also distributing record-breaking payouts to owners of Silks Horses.
“With the first Game of Silks racing season in full swing, our business is looking to scale rapidly to new users and showcase what’s possible when you marry the timeless tradition of horse racing with blockchain technology. Ron’s experience growing successful companies from start-up status to IPO, adapting and implementing new technology, and his deep industry connections to the global horse racing community are invaluable in any market,” Dan Nissanoff, CEO and co-founder of Silks, said.
Blockchain
How Blockchain Technology Enables Using Online Services Much Safer and Faster
Introduction
Blockchain technology has become increasingly popular in recent years due to its ability to provide secure and fast transactions. The technology works by creating a decentralized and tamper-proof ledger, which makes it difficult for hackers to steal data or manipulate transactions. This has led to a wide range of use cases for blockchain technology, including online services such as banking, gambling, and e-commerce.
Blockchain Technology and Online Services
Blockchain technology has several benefits for online services. One of the most significant advantages is the security and privacy that it provides. Blockchain technology allows for secure transactions, which means that users can be assured that their personal and financial information is protected.
Monero and Technological Advancements
Monero is a cryptocurrency that uses blockchain technology to provide users with privacy and security. Monero has several technological advancements that make it stand out from other cryptocurrencies. For example, Monero uses ring signatures to keep transactions private, making it nearly impossible for anyone to trace a transaction back to its source.
Using Monero in Online Casinos
Monero is becoming increasingly popular in the online gambling industry because of its privacy and security features. Monero casinos allow players to deposit and withdraw funds anonymously, which can be especially attractive to players who want to keep their gambling activities private. Monero casinos also provide players with fast transaction speeds, which means that players can start playing their favorite games faster.
Using Monero Safely
While Monero casinos can be a safe and fun way to gamble online, it is essential to use reputable Monero casino sites. Players should research Monero casinos before depositing funds to ensure that they are reputable and safe. Players should also use strong passwords and two-factor authentication to protect their accounts from hackers.
Conclusion
Blockchain technology has transformed the online services industry, providing users with secure and fast transactions. Monero is a cryptocurrency that uses blockchain technology to provide users with privacy and security, making it an attractive option for online gamblers. While Monero casinos can be a safe and fun way to gamble online, it is essential to use reputable Monero casino sites and take steps to protect personal and financial information. As blockchain technology continues to advance, it is likely that we will see more use cases for this technology in online services, providing users with even more security and privacy.
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