Press Releases
GGRocket Launches World’s First Blockchain and AI Solution for the $50B Virtual Gaming Economy
SINGAPORE, July, 2018 — GGRocket, an international venture-funded big data analytics and in-game trading company, is launching a high-tech AI solution on the blockchain for the gaming economy via an Initial Token Sale on 01 September 2018.
GGRocket is supported by a development grant from Microsoft as well as several Venture Capitalists, having undergone the prestigious IIDF – Europe’s Biggest Accelerator and VC. The company has a development and business team of more than 30 active personnel.
At the heart of GGRocket lie the principles of a decentralised network of clients and pro-gamers that can securely and trustlessly exchange in-game goods and services for real world assets. The entire virtual ecosystem will be built on top of the proprietary GG Chain, which in turn connects participants to smart contracts and decentralised applications. GGRocket Tokens (GGR) will be used as utility and fuel for the ecosystem, allowing buyers, sellers and participants to interact in a trustless environment.
GGRocket already services a sizeable customer base by partnering with LegionFarm.com, a multi-million dollar marketplace for in-game goods and services. The partnership has actively proven the concept in GGRocket’s solutions to more than hundred thousand buyers and sellers.
“With GGRocket, the virtual gaming economy is about to be positively disrupted with AI, eradicating in-game fraud and boosting revenues of businesses,” says Alexey Belyankin, CEO of GGRocket and LegionFarm.com. “Our blockchain technology will amplify the impact of the solution, allowing anyone, be it a business or a customer to be a participant in an active ecosystem.”
About GGRocket:
GGRocket is a blockchain-powered trustless virtual economy and AI driven big data analytics for the gaming industry. GGRocket provides for an escrow service for in-game trading and an analytical tool for platforms to increase their revenue using big data harvested from the ecosystem activity.
GGRocket application functionality is based on 2 main instruments: GG Guard – a video recognition escrow system that decides if the deal has been fulfilled in game. GG Robot – a mechanism that utilises big data and machine learning technology in order to create specified and personalised offers for each customer based on their preferences.
More information on the Initial Token Sale can be found at https://ggrocket.io/
Source: GGRocket
Latest News
Casino Guru and Mindway AI advance RG self-test game in time for SGW24
Asia
AMD Announces GameOn 2024: Nationwide Counter-Strike 2 Tournament Offers ₹300,000 Prize, Culminates in Hyderabad
AMD, a leader in semiconductor manufacturing, has unveiled the AMD GameOn 2024, an open-for-all esports tournament for Counter-Strike 2 with a total prize pool of INR 300,000. The Main Event of the AMD GameOne 2024 is set to take place at IndiaJoy 2024 Asia’s premier media and entertainment congregation, in the HICC, Novotel, Hyderabad on Nov. 16 and 17.
Commenting on the tournament, Pramit Khanna, Channel Marketing Manager DIY and Gaming, AMD India said, “As one of the leaders in the computing space, we have been supporting India’s esports ecosystem since day 1, and the AMD GameOn 2024 is another such IP for esports enthusiasts. The open-for-all format ensures every gamer has a chance to compete in the pan-India tournament and make it to the LAN in Hyderabad. I wish the best of luck to all participants and can’t wait to welcome the four finalists in Hyderabad.”
The AMD GameOn 2024 began with the open qualifiers, where the registered teams competed for slots to the Closed Qualifiers. The Closed Qualifier, with 8 total teams, has wrapped up, confirming the four finalists for the AMD GameOn 2024 Main Event at IndiaJoy 2024 on Nov. 16 and 17 in Hyderabad. Skyesports is set to be the esports partner for the event.
The four teams are listed below. They will compete in a single-elimination bracket to determine the champions of India. Matches from the AMD GameOn 2024 Main Event will be livestreamed on the Skyesports YouTube channel.
-
True Rippers
-
Carnival Gaming
-
Gods Reign
-
Victores Sumus
Besides the esports action at the AMD booth in the IndiaJoy 2024, players will also be able to experience gaming on AMD Advantage systems, which deliver a supreme and optimized performance by combining AMD Ryzen™ CPUs, AMD Radeon™ GPUs, smart technologies, and AMD software. Therefore, AMD’s experiential zone at the IndiaJoy 2024 will be the one-stop immersive place for gamers, combining esports action and providing a hands-on gaming experience.
Shiva Nandy, the Founder and CEO of Skyesports, said, “We are thrilled to be the esports partner for AMD GameOn 2024, working once again with our anchor brand, AMD. With open qualifiers to give every gamer a chance and invited teams to ensure top-notch esports action, this tournament is a delight for all gamers. AMD has been one of the biggest supporters of esports in India over the years, and this tournament aligns with our vision of bringing Counter-Strike 2 into the spotlight ahead of Skyesports’ $1.7 million prize pool roadmap for 2025, where we will host four on-ground events across the country.”
India currently has about 500 million gamers, a number expected to grow to 730 million by 2028, with a 5-year CAGR of 10 percent, making the country the largest market by the number of gamers. Additionally, 65 percent of gamers either watch esports or compete in tournaments, per Niko Partners, with IPs like the AMD GameOn at the forefront of attracting their attention.
Latest News
Bulletin from Kambi Group plc’s Extraordinary General Meeting of 18 November 2024
Kambi Group plc held an Extraordinary General Meeting on the 18 November 2024 at Kambi, Hälsingegatan 38, 113 43 Stockholm, Sweden
Two resolutions were presented to the Meeting, namely (i) resolution A, being an ordinary resolution, and (ii) resolution B, being an extraordinary resolution.
Resolution A was approved, and accordingly the cancellation, on or after the 26 November 2024, of 1,374,678 ordinary ‘B’ shares having a nominal value of €0.003 each that the Company holds in itself, pursuant to article 106(6) of the Companies Act, Chapter 386 of the Laws of Malta, was approved.
The extraordinary resolution, namely resolution B, obtained one majority of two required in terms of Article 135(1) of the Companies Act (Chapter 386 of the Laws of Malta, the “Companies Act”), and in terms of Articles 48B.2(b) of the Articles of Association of the Company (the “Articles”). To this end, an Extraordinary General Meeting is being convened within 30 days of today’s Meeting, as per the proviso to each of Article 135(1) of the Companies Act, and Article 48B.2(b) of the Articles, to take a fresh vote on the proposed resolutions.
By order of the Board
-
Asia5 days ago
Hong Kong Construction Titan Turned Macau Casino Boss Lui Che-Woo Dies Aged 95
-
Africa6 days ago
SunBet Extends Online Betting Platform Contract with Bede Gaming Amid Record-Breaking Performance
-
Africa6 days ago
Booming Games Partners with Hollywoodbets to Launch Immersive Slots Games in South Africa
-
eSports6 days ago
Intel commits to developing young talent in universities from the UK and Ireland through UNIVERSITY Esports
-
Industry News6 days ago
BC.GAME Launches Exclusive Airdrop for Polymarket Users, Rewarding Participation in U.S. Election Prediction Markets
-
Australia6 days ago
Vanguard Overwatch is Hardening Gaming Venues Against Financial Crime and Working Towards Minimising Gambling Harm
-
Asia5 days ago
Making Indian Presence Felt: Natural8 India gears up to take a contingent of nine winners of its latest India Exclusive to Asian Poker Tour (APT) Phu Quoc!
-
Asia6 days ago
Key milestone achieved as GiG enters Asia via agreement with Filipino land-based casino group