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Blockchain

Two Great Minds of Chipz, the first-of-its-kind privacy-oriented online-betting platform

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Designed as the first of its kind blockchain-based betting platform, Chipz is here to revolutionize online betting. The founders’ vision was to allow everybody to be independent bookmakers while also maintaining the traditional betting on predictive outcomes. The Chipz platform is a first-of-its-kind privacy-oriented online-betting platform.

The web-based betting platform will allow people to place bets on various sports events using the ERC-20 CHPZ token. On the other hand, smart contracts will be used to execute payment of the betting fees in a fast and transparent manner. Using APIs, Chipz will scan and report the outcomes of any event and distribute earnings to the winning odds.

Adopters of this decentralized platform will enjoy low fees when creating books. However, there will be a need to pay gas fees and betting amounts which require linking the platform with your non-custodial wallet.

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This innovative decentralized gaming system has finally come to fruition thanks to the vision and determination of its founders Josh Thompson and Joshua Garza. To fully appreciate what Chipz will offer to the online gaming industry, a dive into the minds of its founders will give you a better clue.

So let’s learn more about these two great minds behind one of the best decentralized platforms ever designed.

Josh Thompson

After graduating from Olivet High School in 1991, Josh Thompson pursued his interests in marketing. He has enjoyed a successful career in the entrepreneurship space, which started with his founding of the Orbit Marketing company in 2010. Thompson still owns the company to date.

Orbit Marketing deals with energy supply companies ensuring timely reporting, recruiting, and funding to help these companies grow. The master agent also provides upscaling services to credit card processing companies and security systems companies. It is therefore prudent to say that Thompson has always had an interest in innovative technology-driven companies.

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Before that, Thompson served as the CEO of Climax Jeans from 2008. He is also the founder of Climax® Comfort, a company that uses high technology innovation to manufacture and supply the best quality mattresses for maximum comfort.

The lifelong entrepreneur did not stop at that, once again stamping his entrepreneurial footprints all over Michigan with his latest venture, Climax Solar. The Climax Solar company is at the frontier of renewable energy solutions that aim to make green energy available and affordable to many.

Josh Thompson taps into his entrepreneurial prowess and business skills in founding the Chipz platform.

Joshua Joab Garza

Joshua Joab Garza is an ardent tech enthusiast with numerous years of experience as an Information Architect and UX designer.

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Joab has worked with multiple successful tech businesses, including consultancy at Talos Digital, Treeline Associates, and most recently Joab has founded key successful tech-driven companies, Outerslant Media and Gif.games. The Chipz co-founder is also the creator of Tezotopia, an NFT-based game built on the Tezos blockchain that incorporates elements of DeFi and Real-Time Strategy to enhance the gamification and experience for players..

Garza’s diverse experience in media-related tech innovations that encompass blockchain games makes him a valuable asset to the formation of Chipz as the ultimate gaming platform.

Together, these great minds have pioneered a decentralized gaming platform that will revolutionize the online betting industry for years to come.

The Chipz developers set the token’s initial supply at 50,000,000 CPHZ and expect it to max out at 100,000,000 CHPZ.

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Blockchain

JuicyBet Launches Its Innovative GambleFi Platform

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 JuicyBet, a Web3 startup, announced the launch of its GambleFi platform. This platform combines finance technology and gambling via blockchain to create unique opportunities and experiences for users. The company strives to revolutionize the principles of the online betting industry and the interaction between platforms and users in this market.

What is GambleFi?

GambleFi uses blockchain technology to ensure the fairness and transparency of games and betting outcomes and for players to get their share of the platform’s earnings and participate in its governance and day-to-day by holding its tokens.

How JuicyBet works

JuicyBet fully utilizes blockchain technology to establish a new ecosystem that has never been seen in the gambling industry. It is centered around user participation and transparency while providing gambling thrills and quality entertainment.

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All game records on the platform are kept in a public blockchain, while a set of smart contracts automates gaming outcomes and payouts and provides for the platform governance via the DAO model. This reduces fraud risks and operational costs, making JuicyBet a more efficient platform.

However, the platform’s main feature is the unprecedented level of user engagement via the platform’s native tokens.

  • First, the tokens provide access to betting.
  • Second, token holders get their share of the platform’s profit.
  • Third, token holders can vote on key decisions on the platform’s development in JuicyBet DAO.
  • And finally, DAO participants can also perform the role of oracles for bets and earn rewards.

In other words, JuicyBet doesn’t try to be just another gambling platform. It establishes a new ecosystem where users are in control of the platform and bets and are the beneficiaries of the platform.

In addition, JuicyBet offers additional earning opportunities, such as Double Farming and staking for token holders.

JuicyBet has already been noticed by users and investors – the platform’s 3-month turnover has exceeded $1,5 million, according to on-chain data available via Dune, and multiple centralized exchanges and launchpads have listed it.

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Kore Digital Mining Ltd Announces Additional 14 PH/s Bitcoin Mining Capacity

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Kore Digital Mining Ltd, a UK based Bitcoin mining company, announces that effective 1st May 2024, an additional 14 PH/s mining capacity will be added to its existing infrastructure.

This additional capacity will be provided by a major Bitcoin mining corporation and will be operational until 30th June 2024.

Derek Nisbet, Kore’s Founder & CEO, said – “We are pleased to work with a leading Bitcoin Miner in securing a large amount of mining capacity, for a 2 month trial period. We look forward to hopefully extending this period and engaging more with major mining corporations offering Bitcoin hashing opportunities, in the future.”

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This additional 14PH/s Bitcoin mining capacity adds to the existing 2 PH/s currently operational with Kore’s own infrastructure and an additional 4 PH/s is due to be added over the next quarter, totalling 20 PH/s.

The post Kore Digital Mining Ltd Announces Additional 14 PH/s Bitcoin Mining Capacity appeared first on European Gaming Industry News.

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HIPTHER Announces Major Expansion into Fintech, Blockchain, and AI, Reinforcing Its Position as a Diverse Industry News Leader

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Building on its established success in the gambling and iGaming sectors, HIPTHER Agency is excited to announce a significant expansion of its editorial focus into three dynamic industries: fintech, blockchain, and artificial intelligence. This strategic move is part of HIPTHER’s ongoing commitment to providing comprehensive, in-depth coverage across a spectrum of industries, including virtual reality, esports, and official global government releases.

Focused Expansion for a Diverse Audience

The expansion into fintech, blockchain, and AI represents HIPTHER’s dedication to staying at the forefront of technological and financial advancements. By integrating these sectors into the HIPTHER .com platform, the agency offers its audience a rich, diverse content experience, positioning itself as a one-stop destination for insights across these cutting-edge fields.

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Enhanced Digital Presence and Accessibility

Complementing this expansion, HIPTHER continues to enhance its digital footprint. The agency’s Android app has already established a strong user base, and with the anticipation of an iOS app in 2024, HIPTHER is set to broaden its reach and accessibility. The agency’s social media channels are also being rebranded to reflect this expanded focus, ensuring a cohesive and comprehensive digital experience.

Unwavering Commitment to Quality and Insight

HIPTHER, known for its high-quality content in the gambling industry, extends this commitment to its new sectors. The agency’s team of experts and seasoned journalists is dedicated to delivering insightful, accurate, and timely information, catering to the needs of a diverse, global audience.

Zoltan Tundik, Co-Founder and Head of Business at HIPTHER, states, “Our expansion into fintech, blockchain, and AI is a natural progression of our mission to provide diverse, in-depth industry news. We’re excited to bring our expertise and quality content to these vibrant sectors, while continuing to serve our existing audiences with the coverage they trust.”

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For more information, please visit HIPTHER.com

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