Blockchain
CelerX Surpasses $3 Million in Player Winnings in One Month
Celer Network’s mobile eSports platform CelerX has become the first mobile esports platform on blockchain to surpass $3 million in player winnings in one month.
Since the global release of the BUST-A-MOVE Real Money Tournament in July 2020, CelerX has seen new record-highs in the number of games played each week and users making an average of $20 per day – with top users making $1000+ per day. So far, mid-August has proven to be the biggest gaming day of 2020 and complements CelerX’s $3 million worth of player winnings across the mobile esports platform and game portfolio in one month.
“It’s no surprise that the mobile gaming market is pegged to become a $100 billion industry by 2021. But despite the rapid growth over the past decade, monetization strategies for game developers and the user’s experience has been in a holding pattern. CelerX is proud to help reshape the industry with the world’s first mobile eSports app that runs on blockchain and provides a revenue model that benefits game developers and operators on a per match approach vs. in-app purchase or ad supported monetization. As a result, the companies we work with are generating ten times the Average Revenue Per Daily Active User (ARPDAU). BUST-A-MOVE is an incredible example of this successful model that offers an innovative user experience and the game has seen record growth in a short timeframe,” Dr. Mo Dong, Co-Founder of Celer Network, said.
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.
Blockchain
Blockchain Bets Launches a Decentralized Online Gaming Platform
Blockchain Bets, a new token in the world of cryptocurrency, is capturing attention for its unique approach to online gaming. The token offers users a chance to own a part of an online casino and to participate in various sports and games using popular blue-chip cryptocurrencies.
With new developments, Blockchain Bets operates on a decentralized platform, providing a secure and transparent experience for its users. Transactions are recorded on a public ledger, and the smart contract code ensures fairness for all parties involved. The token is highly divisible, enabling users to invest any amount they desire.
Blockchain Bets is set to become a significant player in the cryptocurrency market. The token has the potential to establish itself as a world reference for decentralized online gaming.
Blockchain Bets facilitates with a wide range of sports and games for users to participate in, including soccer, basketball, football, and more. The platform aims to become one of the largest online gaming platforms of its kind and to revolutionize the traditional online gaming industry.
Furthermore, Blockchain Bets has a total supply of 1 billion tokens, with 83% of this amount being made available for circulation at the time of its relaunch. A portion of 3% was allocated to a betting exchange wallet, while 12% was intended to be burned. As of now, 2% of the burn allocation has already been burned and an additional 12% is expected to be burned as the price reaches certain milestones.
Blockchain Bets was created with an initial investment of over $250,000 worth of Ethereum, and its goal is to provide users worldwide with a fair and transparent gaming experience. The $BCB token is used within the platform and enables token holders to have a stake in ownership and receive a share of the profits generated from the platform. Therefore, Blockchain Bets embodies the essence of decentralization and provides users a safe and secure gaming platform.
“The company is absolutely thrilled to launch Blockchain Bets and to offer a new way for users to invest in the online gaming market. By providing a secure, transparent platform for participating in a variety of sports and games, and by enabling users to become part-owners of the platform, Blockchain Bets is poised to disrupt the traditional online gaming industry,” officials said in a statement.
-
Gambling in the USA4 days ago
ACR POKER DEBUTS ITS TURBO BOOST SERIES WITH $2 MILLION GUARANTEED AND 10 SEATS TO BIGGEST-EVER VENOM
-
Compliance Updates4 days ago
TIPICO IS THE FIRST U.S. SPORTS BETTING OPERATOR TO RECEIVE ICAP ACCREDITATION FOR BEST PRACTICES IN ONLINE GAMBLING PLAYER PROTECTION
-
Latest News4 days ago
Amusnet at the IV International Gaming Convention: Fostering Growth and Partnerships in the Меxican Gaming Sector
-
Latest News4 days ago
DraftKings and Kindbridge Behavioral Health Expand Program That Provides Treatment Resources for Individuals Experiencing Potential Indications of Problem Gaming
-
Gambling in the USA4 days ago
Hacksaw Gaming Advances to West Virginia with BetMGM Partnership
-
Latest News1 day ago
Hacksaw Gaming Scores Again in New Market – Another Exciting Launch with Betsson Group to Fire Up Buenos Aires!
-
Compliance Updates4 days ago
Bragg Gaming Group Secures B2B Licence to Provide Casino Game Aggregation in Peru
-
Compliance Updates3 days ago
EveryMatrix accelerates LatAm growth with Peru market accreditation