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Sheesha Finance and Royale Finance Partner to Leverage Premier DeFi Staking Mechanism

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Sheesha Finance and Royale Finance Partner to Leverage Premier DeFi Staking Mechanism
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The partnership utilizes Sheesha’s Mutual Fund model allowing Royale network participants access to a variety of DeFi project rewards without direct investment

Sheesha Finance, the first one-stop-shop for investors to get diversified exposure to DeFi projects, and Royale Finance, a cross-chain DeFi solution using liquidity pools to provide funding for iGaming startups, announced a partnership leveraging the staking mechanism features of the Sheesha platform. The partnership innovates traditional DeFi blockchain staking and brings additional value to all network participants by providing portfolio diversification while minimizing risk.

With the growing popularity of DeFi projects, many investors are now looking to invest in promising, authentic DeFi startups. Sheesha Finance has created a unique model that embraces full-scale transparency and integrity, while supporting reputable DeFi ecosystems such as Royale Finance.

Sheesha Finance uses a staking mechanism called a “Liquidity Generation Event” (LGE) that encourages participants to select an available blockchain network and contribute Ethereum (ETH) or Binance Coins (BNB) in return for Liquidity Provision Tokens (LP) on the network they have chosen. The LGEs are open for a certain period of time, and in this instance, two weeks.

“Our goal has always been to improve the De-Fi ecosystem and transform its operational mechanisms,” said Saeed Hareb Al Darmaki, Founder of Sheesha Finance. “By leveraging our liquidity generating events, we are able to help De-Fi projects expand market reach, gain new investors and holders. Our newest partner, Royale Finance has been a totem for transformational changes in the iGaming niche and we are proud to work with them to further grow their network influence by utilizing our unique staking mechanism.”

“The partnership with Sheesha Finance is extremely important for us. It provides the much-needed distribution stability lacking in most DeFi ecosystems today,” said Matthew Armstrong, COO at Royale Finance. “This mutually beneficial partnership helps Sheesha expand its network partners and reach while providing Royale network participants an interesting investment avenue through Sheesha’s liquidity generation events.”

Liquidity Provision Tokens (LP) can be staked to continuously earn Royale Finance tokens ($ROYA) as well as other network tokens available under the Sheesha ecosystem. Increased participation in this program will greatly improve the overall metrics of Royale Finance, control the distribution of $ROYA in the market, curb inflation, and attract bigger investors looking to team up with valuable players in the DeFi/iGaming niche. Royale Finance will give a certain amount of their native token, $ROYA, from their liquidity mining to help support this joint staking initiative.

Sheesha Finance has conducted external audits of its platform to validate the security protocols and ensure its smart contracts are error-free; Sheesha received a 100% grading by Zokyo, a highly reputable auditing firm. Sheesha’s approach exposes its users to a wide array of interesting DeFi projects and foregoes the stress of manually searching for viable DeFi investment opportunities. By staking LP tokens with Sheesha, network participants will be able to earn Sheesha’s native tokens as well as the tokens of other existing and potential future DeFi projects on the platform.

Blockchain

Michael Owen Announced as Brand Ambassador for Punt Casino

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Michael Owen Announced as Brand Ambassador for Punt Casino
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English football icon and BT Sports pundit Michael Owen has officially joined the Punt Casino team as its new Brand Ambassador.

Michael Owen started a professional career in football with his Premier League debut in 1997 as a striker for Liverpool FC. Known as one of the “greatest living footballers” in Pelé’s FIFA 100, Owen is one of only 10 players to have scored 150 goals or more in his Premier League career.

Michael Owen has also received the most prestigious award in football, having claimed the Ballon d’Or trophy in 2001. He has played in three FIFA World Cups and even captained the England national team.

With this partnership in the bag and a true football icon on their side, Punt Casino is making 2022 a year to remember with the hottest action the industry has ever seen.

Hitting the back of the net

As a strong advocate for crypto and blockchain in general, Michael, along with his influential media presence and 3.7 million Twitter followers, will see Punt Casino secure its position as the fastest-growing crypto casino in the industry.

“Online casinos are more exciting than ever these days, but with its crypto focus, Punt Casino is doing something different – they really are changing the game,” said Owen, who has been involved with numerous crypto projects in the past.

He went on by saying “I’m a strong believer in the power of crypto, so teaming up with an innovative platform like Punt Casino feels like a natural fit.”

As a world-famous football commentator, respected businessman, and active media personality, Owen is the perfect representative to stand behind such an innovative crypto project. Digital currencies need every ounce of positive publicity they can get, and an endorsement from such a reputable name stands for a lot.

Michael Owen’s stamp of approval

The announcement comes with exciting news for crypto gaming enthusiasts, as Punt plans to take the industry by storm with huge prize-packed competitions.

With the 2022 FIFA World Cup fast approaching, Punt players can expect unique Michael Owen merchandise and football-related giveaways throughout the year in the build-up to the tournament.

Speaking on the announcement, Alexander Bowring, Head of Marketing at Punt Casino, said: “Michael Owen is a football icon in every sense of the word, so to have him come on board as our brand ambassador is a major moment for us. Since launching last year, Punt Casino has been changing the game, delivering exciting crypto casino action that our rivals just can’t match. Expect big things from Punt Casino in 2022 and beyond.”

Punt Casino is revolutionizing crypto gaming

Punt Casino has quickly become a strong player in the crypto casino scene with its super-powered giveaways and outstanding online casino platform. Players also get to take advantage of 24/7 customer support available instantly from the site to answer any questions or queries.

With a next-level gaming experience delivered by over 200 crypto-friendly (and handpicked!) casino games, Punt offers its players the advantage of using leading cryptocurrencies to deposit, withdraw, and play.

As crypto enthusiasts know, this allows for faster, safer, and totally anonymous transactions, which is yet another reason why Punt has become such a prominent online casino destination.

#OWEN10 has arrived at Punt Casino

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Bitcoin

3 Years, 6 Lamborghinis: FreeBitco.in’s “Biggest Giveaway in Crypto” Continues Its Legacy

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3 Years, 6 Lamborghinis: FreeBitco.in’s “Biggest Giveaway in Crypto” Continues Its Legacy
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In 2019, FreeBitco.in introduced Win a Lambo – a contest designed to give back to its user base, a community that helped it become the leading Bitcoin casino in the world.

Since then, over 49 million users have participated in six editions, with six lucky users driving home the most coveted prize in crypto – a Lamborghini.

FreeBitco.in announced the latest winner on April 20, 2022, after a provably fair draw.

And the Winner Is…

Win a Lambo is a Golden Ticket contest – users perform certain actions to earn tickets and participate in a draw.

Win a Lambo Round 6 at FreeBitco.in began on October 21, 2021. A draw on April 19, 2022, picked User 150986 as the lucky winner.

The winner entered 4,305 tickets into the draw. With a total ticket tally of 1,151,098, the user had a winning chance of a mere 0.3%!

The winner had to choose between a Lamborghini Huracan LP 580-2 or 4.91033121 BTC ($200,000 in BTC deposited directly into their FreeBitco.in account), and they chose the latter.

You Can Win More BTC in Round 7

Win a Lambo 7 began as soon as Round 6 ended. Everyone, including you, can participate and stand a chance to win. With Bitcoin correcting by almost 60% from its all-time high, you can win a higher amount of BTC when the contest ends in October.

 

Follow the steps below to participate in the giveaway:

  1. Create an account on FreeBitco.in.
  2. Collect Free BTC or deposit BTC into FreeBitco.in wallet.
  3. Play the HI-LO dice game, or bet on sports, events, and cryptocurrency prices.
  4. For every 0.005 BTC wagered in total on both the dice game and the event betting page, the user earns 1 Golden Ticket.
  5. Golden Tickets can also be purchased for 0.00025 BTC each.
  6. Collect as many Golden Tickets as possible to increase the chances of winning a Lamborghini.
  7. After the contest ends, a provably fair lottery draw will be conducted to pick the lucky winner.

 

Note: FreeBitco.in has a strategic partnership with FUNToken. FUNToken users earn additional benefits at FreeBitco.in, one of them being the opportunity to collect extra golden tickets through free spins.

It’s that simple. The contest ends in October, so you have time to stock up on Golden Tickets. The more you collect, the higher your chances of winning.

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Cryptocurrency

FACEIT partners with crypto fintech platform Cake DeFi in multi million dollar deal that will allow players to earn cryptocurrency

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FACEIT partners with crypto fintech platform Cake DeFi
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FACEIT, the world’s leading platform for competitive online gaming, has today announced a multi-million dollar partnership with Cake DeFi, one of the world’s fastest growing crypto fintech platforms, which allows users to earn cash flow from their crypto. Facilitated by Pivot Agency, the collaboration will provide Cake DeFi with authentic brand exposure to all FACEIT users globally through a series of bespoke and multifaceted gaming experiences which will offer the community a chance to win crypto. This year Cake DeFi will be offering players more than half a million dollars in prizes, paid in crypto.

Research suggests that 55% of the Millennials gamers own crypto as compared to just 5% of all Millennials1, illustrating the natural connection between the gaming and crypto industry.

The partnership with FACEIT marks Cake DeFi’s first move into the gaming and esports space. The agreement will offer the company access to FACEIT’s 25 million user base, the largest network of competitive gamers, and will offer players a unique opportunity to earn actual crypto prizes while playing. Furthermore, through Cake DeFi’s platform and access to decentralised finance applications, they can compound their winnings and earn returns on their crypto.

Michele Attisani, Co-Founder & CBO of FACEIT said:  The FACEIT platform is home to the largest community of competitive gamers, which means we have a unique understanding of this audience. Our users are incredibly forward thinking and educated when it comes to crypto, so the partnership we chose had to bring tangible and substantial value to be of interest. The collaboration with Cake DeFi is much more than brand integration, and offers our community clear experiential and financial benefits which go beyond what any partnerships of this type has delivered before.

FACEIT users are core gamers who spend an average of 2.5hrs a day on the platform. A recent survey of FACEIT users found that many were already interested in, and investing in crypto, showing a natural synergy between both brands and industries:

  • They are innovative thinkers with 66% agreeing that cryptocurrencies are the future of online transactions
  • 80% have heard of Crypto
  • 36% invest in Crypto
  • 46% very Likely or Likely to use Crypto in next 12 months – 4x more likely than the general population to use Cryptocurrency for online purchases

The partnership will incorporate Cake DeFi Missions, involving in-game tasks and monthly challenges for players to complete in order to win crypto prizes. It will also include Cake DeFi Weekly Tournaments which will run throughout the year and will be open to FACEIT players around the world. Players will be able to earn even greater rewards on the crypto they win when they sign up to Cake DeFi. All crypto prizes are redeemable through their Cake DeFi account, allowing FACEIT to expand its current play-to-earn offering.

Speaking about the partnership, Dr. Julian Hosp, CEO and Co-Founder of Cake DeFi said, “Gamers have a natural affinity with crypto and they can now join us on the DeFi movement. Cake DeFi’s partnership with FACEIT will allow players to earn crypto while they game, and further earn returns on their crypto through our platform. In 2021, we paid out US$230 million in rewards to our customers. So it’s a win-win-win for FACEIT gamers.”

Cake DeFi is the leading crypto fintech platform that provides users access to DeFi (decentralised finance) services and applications such as liquidity mining, staking and lending, which generates regular returns for users. They currently manage over $1 billion in customer assets and offer users one of the highest returns on crypto in the market, as a one stop platform that is easy-to-use, secure and transparent. Last year they paid out $230 million in rewards to customers and this year they are looking to increase this to 74% more, or $400 million, in rewards.

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