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Fnatic and Crypto.com enter historic partnership

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Fnatic and Crypto.com enter historic partnership
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London-based global esports performance brand Fnatic has today revealed Crypto. com, the fastest-growing crypto platform with more than 10 million users worldwide, as its inaugural Global Cryptocurrency Partner. The multi-year deal is worth more than $15M.

The partnership is Crypto. com’s first-ever in esports and adds to the company’s rapidly expanding portfolio of partners, which includes leading sports brands such as UFC, Formula 1®, Lega Serie A, Aston Martin Cognizant Formula 1, the Montreal Canadiens and Paris Saint-Germain. The historic deal will enable Crypto. com to seamlessly engage with Fnatic’s truly global and digitally-native audience.

The multi-faceted partnership will see Crypto. com’s logo featured on the collarbone of Fnatic team jerseys. Fnatic will also offer fans numerous rewards and money-can’t-buy experiences – including with existing Crypto. com partners – for Crypto. com users purchasing Fnatic goods. The partners will also launch new digital products, such as exclusive Fnatic NFTs in the near future.

Crypto. com will work with Fnatic on a variety of activations with Fnatic’s esports teams, players and creators including collaborative storytelling with existing Crypto. com partners, engaging gaming content, branded in-game experiences and physical events. To help its fans further understand cryptocurrency and future-proof their decisions, Fnatic will also offer financial literacy and crypto education opportunities for those that are new to cryptocurrencies and NFTs.

Fnatic CEO, Sam Mathews, said: “This partnership sees global leaders in esports and cryptocurrency join forces for a ground-breaking, long-term partnership. Fnatic boasts one of the most connected, involved and supportive fan bases in the world and this landmark deal with Crypto. com allows us to further cater to their everyday needs. As cryptocurrency becomes a mainstream payment method, there’s never been a better time to help our fans make smarter, healthier and future-proof cryptocurrency decisions.

Kris Marszalek, Co-Founder and CEO of Crypto. com, said: “We’re really excited to launch a fully integrated partnership with Fnatic, which marks a milestone for our industry. With more than 200 championships, their team has excelled in-game and out, and rightfully established itself as the leading team in esports.”

As well as having 10 million customers worldwide, Crypto. com also boasts the world’s most popular crypto card, which is available in more than 30 countries around the world. It is also a top ten finance app on both the App Store and Google Play. Earlier this year, Crypto. com also announced its ambition to become carbon negative within 18 months, offering the industry a path and a model for ‘clean crypto’.

Cryptocurrency

TRON and APENFT partner with Decentral Games to take GameFi to the next level

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TRON and APENFT partner with Decentral Games to take GameFi to the next level
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TRON, one of the leading cryptocurrency projects by market cap with a valuation of over $6B, has partnered with Decentral Games to unlock GameFi’s potential to help more ordinary people as it currently has in many regions worldwide.

“I believe that the partnership with Decentral Games will unlock more potential for GameFi,” said TRON CEO and Founder Justin Sun. “It’s fascinating to see how GameFi facilitates a player-owned economy with ownership transfer and additional revenue generation. That has already benefited many ordinary people, especially in South Asia.”

TRON’s investment in $DG represents a strong endorsement of Decentral Games’ cutting-edge play-to-earn innovations. It also follows several high-profile partnerships and collaborations with Binance Smart Chain, Polygon, Theta, Grayscale, Decentraland, and Hashkey, among several others.

TRON launched a $300-million investment pool together with APENFT in August dedicated to advancing GameFi related technology, a space in which Decentral Games has become a prominent player. “GameFi is going to be the next big thing that makes the DeFi, NFT, and larger crypto space easy to understand and be involved in,” Sun said recently.

“The Decentral Games and TRON teams share the belief that play-to-earn will play an outsized role in shaping the broader gaming sector and the future of entertainment and work,” Decentral Games CEO and Founder Miles Anthony said.

“We are excited to work with TRON to accelerate the adoption of NFT and EV-positive gaming technologies for the long-term,” Mr. Anthony added.

GameFi has taken the blockchain game industry by storm as it combines decentralized finance (DeFi), bringing new dimensions to crypto games. For example, players may use and delegate assets to generate yield.

Decentral Games recently launched ICE Poker, an unrivaled play-to-earn (P2E) ecosystem that financially rewards users for their participation. DG’s gameplay mode boosts daily and monthly recurring players on the $DG platform and creates an EV-positive (expected value positive) environment for all players.

As a result of DG’s P2E success, a growing, loyal community of players have collectively provided the project with a formidable moat and dependable cash flows to the platform’s DAO. Year to date, the DG DAO treasury’s total assets have increased exponentially from $500,000 to over $12 million.

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Cryptocurrency

Announcing The Crypto Gaming United Public Token Sale

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Announcing The Crypto Gaming United Public Token Sale
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The Crypto Gaming United (CGU) token sale will open on TimeX at 2:00 PM UTC on 18 October 2021. (5:00PM Moscow MSW / 10:00PM China Standard Time CST / 1:00AM Sydney AEDT Oct 19)

The emergence of play-to-earn blockchain games has created many opportunities for gamers and crypto investors alike. Crypto Gaming United (CGU) seeks to both leverage and drive the growth of the sector over the coming years through a series of initiatives that will increase access and earnings for players.

 

CGU tokenomic model

The main source of revenues for CGU is rental of valuable DAO-owned NFTs (like Axies) in return for a proportion of daily income, enabling players to participate in the most lucrative gaming opportunities and NFT owners to monetise their assets. As CGU scales, the influx of new users into play-to-earn games will also have a meaningful impact on the market price of these NFTs.

The CGU token will be distributed to DAO members in return for undertaking a range of activities that promote the initiative and grow the community, including referring friends, creating educational resources, streaming gameplay, and exceeding earnings targets, as well as staking. Demand for CGU is driven by its utility as the native token of the DAO and the means of purchasing different services and upgrades, and by the flow of revenues from gamers into the currency.

Public token sale details

CGU has a total supply of 1 billion tokens, with 26% allocated to investors. A further 40% are allocated to the community, 18% to the project treasury, and 16% to CGU’s founders and advisors. 

A $5 million seed round and $10 million pre-IDO round have already been completed, both with locking periods and 3-year vesting schedules.

The sale will take place on TimeX, starting at 2:00 PM (UTC) on 18 October 2021.

25% of the funds collected will be used for developing and bootstrapping the CGU community and DAO, with the remaining 75% being allocated to a Treasury of digital assets, collectively owned by the DAO.

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Cryptocurrency

Kinguin partners with Bitcoin Vault bringing NFTs to its global marketplace

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Kinguin partners with Bitcoin Vault bringing NFTs to its global marketplace
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Kinguin, the world’s first digital marketplace for gamers, has announced that it is bringing Non-Fungible Tokens (NFTs) to its marketplace for the very first time through a partnership with Bitcoin Vault (BTCV), a cryptocurrency trading platform. The partnership will see a selection of SkillzVault Ethereum NFTs available to purchase on Kinguin marketplace.

Bitcoin Vault is a cryptocurrency trading platform that provides an extra level of security based on a three-private-key security software – mobile GoldWallet, desktop Electrum Vault and the Key Generator app. As well as featuring all the standard Bitcoin aspects, the extra layer of features provides users with extra transparency and freedom to purchase products using cryptocurrency.

SkillzVault is a gaming talent show created in partnership between Bitcoin Vault (BTCV) and ESE Entertainment. The gaming talent show is running from July 28 to November 21 in five countries: Brazil, China, Japan, South Korea and Vietnam, with gamers taking part in one of the two fastest growing games in the industry – Peacekeepers Elite and PlayersUnknown Battleground Mobile (PUBGM). Viewers can also experience the excitement through SkillVaults’ Twitch profile and game.tv.

Kinguin users will be able to purchase three different types of static SkillzVault competition card NFTs exclusively through the Kinguin website using both cryptocurrency and fiat payment options. Each NFT represents one of the three heroes who feature in the SkillzVault gaming talent show, which includes a Japanese Samurai, a Brazilian footballer and a South Korean K-Pop star. Both Kinguin and Bitcoin Vault ensure each NFT sold is unchangeable and tamperproof.

Mateusz Mach, Director of NFT marketplace at Kinguin said: ‘We’re really excited to partner with Bitcoin Vault, bringing our customers the opportunity to purchase an exclusive set of NFTs for the first time in our history. We’ve progressively been introducing more cryptocurrency payment solutions to our platform and for some time now, we’ve been working towards providing our customers with NFT offerings. We’re looking forward to continuing our roll out of NFTs on Kinguin marketplace and will soon be revealing even more exciting, exclusive NFT partnerships.’

Piotr Kozłowski, Chief Growth Officer at Bitcoin Vault said: ‘Kinguin is a global marketplace that’s leading the way in its industry when it comes to integrating blockchain based solutions onto its platform, services that are becoming increasingly popular amongst the digitally native gaming community. Partnering with Kinguin’s marketplace will also provide gaming fans with the easiest, most convenient and safest way to purchase our SkillzVault NFTs.’

NFTs are verifiably unique (non-fungible), digital assets. The data of an NFT is stored on a digital ledger called a blockchain, meaning that the digital asset can be certified as unique and therefore, not interchangeable. NFTs have risen in popularity in the past year, with a range of types of NFTs being sold including digital art, videos and trading cards.

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