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Esports betting cryptocurrency eGold presale with a breaking record

George Miller

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sports betting cryptocurrency eGold presale with a breaking record
Reading Time: 3 minutes

February 2nd, 2018 – The online betting solutions provider UltraPlay has announced that the eGold presale tokens were all sold out under 24 hours reaching the hard cap before the end presale date February 8th.

The eGold project dedicated to the global eSports betting sector has successfully reached its presale hard cap of 500 eth giving a 20% bonus to the ICO members. The first stage of the ICO campaign collected around $ 500, 000.

444,444 EGL (10% of the total amount of tokens for sale) were distributed at this stage following the company’s roadmap and vision to provide various incentives to its community.

Mario Ovcharov, CCO at eGold commented: “The presale was planned to end on February 8th but we reached our hard cap so fast on the first day, which made us really excited and proud of our project and our community of supporters. We would like to thank all who took part in our project now. This is a solid proof of the huge potential that eGold holds for the industry and its members. We can’t wait to start the eGold sale which promises to achieve even better results.”

Following the success of the presale, all interested in cryptocurrencies and eSports can join again on February 18th, 2018 when the sale of eGold will start. All participants can buy eGold tokens and be part of the ever-growing community of the project. Various bonuses will be available for the community during the first day and week of the sale. The eGold ICO aims to reach its hard cap of 5000 eth (around $ 6 mln according to the current Ethereum price) needed for the further development of the project’s milestones.

Ovcharov added: “eGold token will also be traded on major crypto exchanges soon. We are proud to present our own eSports betting cryptocurrency that aims to become the first-choice payment method for the eSports punters and crypto fans worldwide.

eGold aims to unify all gamers worldwide by offering an easy, quick and secure alternative for betting on their favorite games, such as Counter-Strike: Global Offensive, League of Legends, DOTA2, Hearthstone, World of Warcraft and many others. The eSports and crypto fans can choose from a wide variety of events to place bets on.

The new digital currency is an ERC20 Ethereum-based token which allows the eSports betting community to feel the next level of gaming experience and be connected in a unified eSports ecosystem based on a cryptographic security. The cryptocurrency will be launched first onto the brand-new betting website – Buff88, created with the mindset of a gamer, which is now available to visit and review.

The eGold project is backed up by the leading eSports betting brands that are using UltraPlay’s betting solutions and it is going to offer a cutting-edge technology and advanced user experience to players and other operators in the near future.

About eGold:

eGold is a new cryptocurrency for eSports betting, based on the Ethereum blockchain. eGold aims to unify eSports betting enthusiast all around the world as offering an easy, quick and secure alternative for betting on their favorite games, such as Counter Strike: Global Offensive, League of Legends, DOTA2, Hearthstone, World of Warcraft, and many others, and provide bets on the leading gaming tournaments worldwide. eGold allows the eSports betting community to feel the next level of gaming experience and be connected in a unified eSports ecosystem based on а cryptographic security.

About UltraPlay:

UltraPlay is a modern technological company, founded in 2010, with the core ambition to offer innovative approach to the online gaming industry by providing advanced betting solutions, focused on eSports, sports betting, casino, live betting and bitcoin solutions.

Assembled by a team of iGaming professionals with vast experience in betting product development, operations, eSports and marketing, UltraPlay is a trusted partner for delivering superior sports software and odds products to its customers. Learn more about the company here: www.ultraplay.co

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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DouYu International Holdings Ltd Raises $775 Million in U.S. IPO

Niji Narayan

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DouYu International Holdings Ltd Raises $775 Million in U.S. IPO
Photo Source: ft.com
Reading Time: 1 minute

 

DouYu International Holdings Ltd, a Chinese video-streaming service which is backed by the Tencent Holdings Ltd, has raised $775 million through an initial public offering in the U.S.

DouYu sold 67.39 million American depositary shares at $11.50 apiece, at the bottom of an indicative price range of $11.50 to $14 a share. The IPO values the company at nearly $4 billion, including restricted shares issued to employees under a share-based compensation program.

In 2018, around 683 million people or roughly half the country’s population, played games on phones, computers or game consoles. The market-research firm forecasts that number will reach 878 million or nearly a third of videogamers globally in 2023.

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MTG Announces Investments in 7 Gaming and Esports Startups

Niji Narayan

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MTG Announces Investments in 7 Gaming and Esports Startups
Photo Source: xconomy.com
Reading Time: 1 minute

 

Modern Times Group MTG AB has announced its latest VC Fund investments ahead of its Q2 financial report. Investments in the first half of 2019 amount to a total of USD 11 million including capital commitments and span start-up and growth companies in the US and Germany.

Among the investments are Redwood City-based Dorian, Austin based game developer Tonk Tonk Games, gamer rewards platform Playfull from Los Angeles, German game studio Sviper founded by Ex-InnoGamers and San Diego-based GoMeta.

MTG owns 100% of Swedish DreamHack and over 82% of German founded ESL, the two largest brands in esports worldwide. Its largest VC investments in terms of estimated value are BITKRAFT fund LP positions, AppOnboard, Phoenix Labs, the Play Ventures fund LP position and Sviper. It also owns majority positions in San Francisco-based game studio and publisher Kongregate and German game developer and publisher InnoGames.

“Gaming and esport is the future of entertainment, and we are excited to invest in what we believe are seven of the most promising early stage startups with excellent teams, products and ideas,” Jørgen Madsen Lindemann, President and CEO of MTG said.

“We are already seeing attractive valuation upticks based on latest financing rounds in our investments, such as Phoenix Labs, AppOnboard and the BITKRAFT seed fund. Deal flow and value creation opportunities continue to improve now that we have established MTG as a leading games & esports VC in the West,” Arnd Benninghoff, EVP of esports and games at MTG said.

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2019 NBA 2K League Playoffs/Finals Credential Application Advisory

George Miller

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2019 NBA 2K League Playoffs/Finals Credential Application Advisory
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Applications are now being accepted for working media credentials for the 2019 NBA 2K League Playoffs and 2019 NBA 2K League Finals. The playoffs will tip off Wednesday, July 24, with the best-of-three quarterfinals and semifinals taking place over three days of gameplay. The playoffs will culminate with the best-of-five 2019 NBA 2K League Finals on Saturday, August 3. All playoff games take place at the NBA 2K League Studio Powered by Intel in Long Island City, New York.  To view the NBA 2K League schedule, click .  To view the current NBA 2K League standings, click here.

To request credentials, all of the steps set forth below must be completed. Incomplete applications will not be considered.

All NBA 2K League Playoffs credential applications must be completed by Tuesday, July 23, 2019.

All NBA 2K League Finals credential applications must be completed by Thursday, August 1, 2019.

 

REQUESTING CREDENTIALS:

Editors/Directors: Media credentials must be requested by the Editor/Director for the applying news organization, who must designate credentials being requested and the name(s) of the individual(s) at the applying news organization who will be using the credentials. Only requests coming from the Editor/Director will be considered.

Please be advised that media space and workspace seating at the NBA 2K League Studio Powered by Intel is extremely limited and will be assigned.

To request a credential, please email Devon Garden (DGarden@nba.com) the following information below:

Outlet Name/website:

Editor Name and email:

Journalist Name(s) and email(s):

Job function (Reporter, photographer, Videographer, etc…etc…)

Requested Dates of Coverage:

APPROVAL PROCESS:  News organizations will receive an email confirming whether their credential requests have been approved.  Any changes to your credential requests must be made to Devon Garden by email at DGarden@nba.com.

DISTRIBUTION PROCESS:  All NBA 2K League media credentials will be issued by the NBA 2K League on your approved days of coverage at the NBA 2K League Studio Powered by Intel. Please bring photo identification to facilitate credential pick-up. Credentials will not be mailed.

PARKING: The NBA 2K League will not provide media parking. The closest subway stop is located at Court Square – 23rd Street. Valet parking is available on weekends for a fee at the Ravel Hotel located nearby.

HOTELS: Please note that the NBA 2K League does not have an allotment of hotel rooms reserved for media.

Please note that NBA 2K League, NBA, WNBA, and NBA G League event credentials are issued on an event-by-event basis. An approved credential for prior events does not guarantee credentials for future NBA events.

For NBA 2K League questions, please contact Elliot Steinbaum via email at esteinbaum@nba.com.

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