Cryptocurrency
GemUni Disrupts Crypto Gaming with the Decentralised NFTs Gaming Platform for Play to Earn
GemUni, a Decentralised NFTs Gaming Platform for Play-to-Earn, has announced that its upcoming Initial DEX Offering (IDO) will be conducted on three launchpads GameFi, Red Kite and KrystalGO on January 19. GemUni is building a Decentralised NFTs Gaming Platform for everyone around the world to engage in Fun, Easy and Play-to-Earn NFT Casual Games & Signature Games. Users can enjoy fun games while monetising their experiences with gaming platform rewards and GENI Pass NFTs transactions.
A Great Head Start
Since its announcement, GemUni has been through three months full of activities and milestones. Last December, the Grand Opening INO event, featuring guests from prominent gaming & blockchain organisations, marked the first time the GENI Pass NFTs were offered on multiple NFT marketplaces. GemUni’s GENI Pass NFTs were highly sought after by crypto and gaming enthusiasts, with thousands of GENI Pass NFTs being sold. Such a good starting point prompted GemUni to announce its Beta Test & Christmas Mini Challenge, attracting players to participate in multiple challenges and earn the project token.
Impressive Partner Portfolio & promising Roadmap for 2022
A few days before its IDO, GemUni continues to reach another milestone. In its private fundraising round, GemUni raised $2 million from investors. At this point, the project is boasting a portfolio of 30+ private investors and partners, including well-known venture capitalists such as Kyber Ventures, Shima Capital, ZBS Capital (CryptoDiffer), Kyros Ventures (Coin68), Gain Associates, ZipMex, HG Ventures, among many others.
Earlier this January, GemUni announced its promising roadmap for 2022. Besides the Casual Gaming Platform with 500+ games to be released in Q1, the project also announced its Signature Gaming Platform featuring upcoming games like The Olympus, Hero Infinities, CyberRace, Moon 2050 and ZodiBoom. An NFTs marketplace is also going live to support players’ NFT trading activities. Finally, further features like the GemUni Launchpad for IGOs & INOs, DAO Treasury, Side Chain will be released in Q2.
With such an ambitious plan for 2022, GemUni is looking forward to partnering with game studios, Global Ambassadors and artists to create a first class Decentralised NFTs Gaming Platform.
IDO on GameFi, Red Kite and KrystalGO on Jan 19, 2022
On January 19, GemUni will conduct Initial DEX Offering across three launchpads GameFi, Red Kite and KrystalGO. With a public price of $0.2 per token, GemUni implied the project valuation is $20 million at IDO.
GemUni boasts an impressive leadership team, which includes CEO & Founder Cassie Nguyen – Champion of Startup World Cup 2019 in Silicon Valley. The project’s advisory board is led by Mr. Peter Vesterbacka – Former Mighty Eagle of Rovio Entertainment (Angry Birds games).
GemUni CEO & Founder Cassie Nguyen says that her team is working day and night to bridge the gap between gaming and the new Play-to-Earn model to create an ecosystem for 3.2 billion gamers and studios around the world.
“Never before have we seen the hype around this combination between gaming and the crypto economy. We are proud to be the first Play-to-Earn platform for everyone’s favorite gaming experience. Now, everyone can enjoy fun & easy games in their own time, while earning real-world value,” she stated.
Cryptocurrency
Payhound empowers LSports with a seamless solution to receive payments
Fintech crypto company Payhound has been facilitating leading data provider LSports to accept payments from its clients.
As the premier data provider, LSports offers real-time sports data, providing operators with a competitive edge in the sports betting saturated market. By using Payhound’s solution, LSports can conveniently receive payments from its clients, significantly enhancing operational efficiency.
Established in 2018, Payhound’s mission is to enable businesses to handle cryptocurrencies with the same ease, security, and transparency as dealing with fiat currency. Through crypto, Payhound offers fast and efficient international payments, with security being a fundamental principle in all its operations.
Commenting on the partnership, a spokesperson for LSports stated: “Partnering with Payhound to optimize our payment solutions signifies a significant advancement in our global business strategy. This collaboration enables us to conduct transactions swiftly and securely, further bolstering our position as a premier data provider in the industry.”
Elton Dimech, Managing Director at Payhound, added: “We are delighted to service LSports.Through our platform, clients like LSports can easily receive payments, have such funds instantly converted into fiat, and as a result, greatly improve their operations and availability of funds. We look forward to continuing to be their reliable crypto partner in the future.”
Payhound is licensed by the Malta Financial Services Authority (MFSA) and is a holder of a Class 3 VFA License under the Virtual Financial Assets Act of 2018. The company has recently revealed its achievement of ISO 27001 certification for the second consecutive year.
Cryptocurrency
SOFTSWISS Named Crypto Company 2024
Crypto Company of the Year was announced at the International Gaming Awards in London. SOFTSWISS, a leading technology company with 15+ years of experience in the industry, gets this title for the second year in a row.
Marking the beginning of ICE London, the awards ceremony has brought together top names in the iGaming industry to honour their achievements. The International Gaming Awards not only unites experts and gaming enthusiasts worldwide but also serves as the pinnacle charity event of the year.
The Crypto Company of the Year category recognises companies that create innovative experiences for clients in the gambling sector with a focus on crypto. The winner is determined by evidence showcasing the company’s standout performance in the crypto space compared to competitors. Reconfirming the previous year’s success, SOFTSWISS emerged as the Crypto Company of the Year for the second time in a row.
Securing the title of Crypto Company of the Year comes naturally to SOFTSWISS, the trailblazer in introducing crypto-friendly solutions for online gaming. Beginning with Bitcoin, SOFTSWISS has expanded its cryptocurrency offering to nearly 20 digital coins since 2013.
In its dedication to improving player experience, SOFTSWISS introduced the In-Game Currency Conversion feature. The innovation allowed players with crypto holdings to engage seamlessly in games originally tailored for fiat only. One year post-launch, 85% of all bets in crypto casinos powered by the SOFTSWISS Casino Platform were made via the feature.
As an expert in crypto-friendly solutions, the company shares its expertise through the quarterly State of Crypto reports and topical podcasts. This helps raise awareness among all stakeholders, offering essential insights for strategic decision-making.
Andrey Starovoitov, Co-CEO at SOFTSWISS, shares: “We are delighted to receive this award, and it signifies more than just recognition for our recent achievements. The title of Crypto Company of the Year holds deep meaning for those who led the way in integrating digital currencies into iGaming, actively advocate for crypto solutions, and generously share expertise in this field.”
About SOFTSWISS
SOFTSWISS is an international tech company supplying software solutions for managing iGaming projects. The expert team, which counts over 2,000 employees, is based in Malta, Poland, and Georgia. SOFTSWISS holds a number of gaming licences and provides one-stop-shop iGaming software solutions. The company has a vast product portfolio, including the Online Casino Platform, the Game Aggregator with thousands of casino games, the Affilka affiliate platform, the Sportsbook Platform and the Jackpot Aggregator. In 2013, SOFTSWISS was the first in the world to introduce a Bitcoin-optimised online casino solution.
Cryptocurrency
Casino Market Industry Forecast Reveals Surge to $165.72 Billion by 2028 with Digital Transformation and Cryptocurrency Integration
The “Casino Global Market Report 2024” report has been added to ResearchAndMarkets .com’s offering.
The latest report on the global casino market highlights significant growth, with expectations for the industry to swell from $131.42 billion in 2023 to an impressive $165.72 billion by 2028, at a compound annual growth rate (CAGR) of 4.6%. The report offers a comprehensive analysis of current market dynamics, future trends, and potential opportunities, positioning it as an essential resource for stakeholders in the casino sector.
The casino industry, experiencing a renaissance through digitization and a shift towards online gambling, is witnessing the rising popularity of cryptocurrency casinos. Innovations, alongside a deepened focus on responsible gambling, are propelling market growth, drawing attention from both established players and new entrants.
Key Market Dynamics Influencing Growth
- Online Gambling Expansion
- Smartphone Proliferation
- Innovative Casino Products
- Strategic Industry Partnerships
The report underscores the growing dominance of the Asia-Pacific region in the global casino market, bolstered by evolving consumer behaviors and burgeoning tourism sectors. The detailed geographic assessment provides strategic insights into the vitality of various regions within the industry.
Gambling machines, gaming tables, and novel casino experiences are discussed in the report. The document leverages industry-specific metrics to provide a nuanced understanding of segment performance, addressing both offline and online modalities.
Industry Leaders Making Strategic Moves
With major corporations like 888 Holdings PLC and Caesars Entertainment Corporation, the casino market is rife with tactical mergers, acquisitions, and partnerships aiming to solidify market positioning and leverage collective strengths.
The global casino market research report presents in-depth market analysis, reflecting cutting-edge industry trends such as the integration of advanced gaming technologies. It also spotlights operational strategies and expansion plans of front-runners in the gambling domain.
This comprehensive research report is poised to be an indispensable tool for industry investors, strategists, and stakeholders planning to navigate the complex terrain of the casino industry with data-driven confidence.
The casino market research report is devised to serve a diversity of informational needs, offering a meticulous examination of the interplay between market forces, technological advancements, and consumer preferences shaping the future of gambling worldwide.
Please note, the market value detailed in the report represents the actualized revenues recognized by entities within the industry over the specified period and geography.
A selection of companies mentioned in this report includes
- 888 Holdings plc
- Boyd Gaming Corporation
- Caesars Entertainment Corporation
- Melco Resorts and Entertainment Limited
- Delaware Park Casino & Racing
- Eldorado Reno Resort Casino
- Foxwoods Resort Casino
- Galaxy Entertainment Group Ltd.
- Golden Nugget Atlantic City Hotel Casino & Marina
- Harrington Raceway & Casino
- LC International Limited
- MGM Resorts International
- Palms Casino Resort
- Penn Entertainment Inc.
- Bally’s Corporation
- Churchill Downs Incorporated
- Genting Group
- Golden Entertainment Inc.
- Hard Rock International Inc.
- SJM Holdings Limited
- Station Casinos LLC
- Star Entertainment Group Limited
- Tropicana Entertainment Inc.
- Wynn Resorts Limited
- Las Vegas Sands Corp.
- Red Rock Resorts Inc.
- Eldorado Resorts Inc.
- Monarch Casino & Resort Inc.
- Pinnacle Entertainment Inc.
- Isle of Capri Casinos Inc.
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