Blockchain
Cosmos and Forte partner to expand blockchain gaming for next-generation developers and players worldwide
Over 8 million active users across Forte partner games to seamlessly benefit from Cosmos multi-chain ecosystem
Tendermint, a leading software development company, and the Interchain Foundation (ICF), have announced a partnership with Forte, an organization building a blockchain platform for video games. As core contributors to the Cosmos Network, Tendermint’s partnership with Forte creates accessibility to blockchain gaming for all developers and gamers who can easily integrate their gaming ecosystems with the Cosmos interoperable blockchain network.
“With almost three billion gamers around the world and immense interest surrounding NFTs, the partnership with Forte will help propel Cosmos to a wider audience and solidify our place as a leading blockchain ecosystem. We have already built the industry’s best tools for blockchain development like Cosmos SDK and Starport. Now we want to make it easier for game developers and players to join the Cosmos community as well,” said Peng Zhong, CEO of Tendermint.
As a premier blockchain gaming platform, Forte provides the necessary blockchain infrastructure for game developers and players, such as cryptocurrency wallets that store virtual assets and NFTs, in a secure, easy-to-use, and fully compliant package. The organization raised $185M in Series A funding led by Griffin Gaming Partners earlier this year, and there are more than 25 world-class game developers building on Forte’s platform, including pioneers Will Wright (SimCity, The Sims), Jeff Tunnell (Starsiege: Tribes, Social City), and Hi-Rez Studios (Smite, Paladins). To date, Forte has created more than 10 million wallets, minted over 5 million NFTs, and has over 8 million monthly active users across its partner games.
“Forte and Cosmos share a vision of applications and economies built around passionate communities. Now that the technology is mature, I’m thrilled to work with Forte who can onboard the next generation of game developers and users, bringing Cosmos gaming to the mainstream,” said Billy Rennekamp, Grants Manager on the Board of Management at ICF.
Cosmos developers will work with Forte to ensure that all third-party game developers on the Forte platform can access Cosmos’ technology and easily integrate their games with the Cosmos network. Forte will also add ATOM and other Cosmos-enabled currencies, such as stablecoins, to the Forte network to be used as payment, liquidity, or collateral for users, greatly increasing the utility of the ATOM token, and helping create a better experience for developers and players. Cosmos Hub wallets and accounts will also be integrated into the Forte wallet architecture.
“We’re thrilled to be partnering with Cosmos to bring their technologies to our community of developers, players, and fans,” said Josh Williams, Forte’s CEO and Cofounder. “Our alignment on scalability, usability and interoperability makes them an ideal partner in building a more sustainable and equitable ecosystem for games, and the billions of people who play them.”
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.
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.
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.”
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.
Blockchain
HIPTHER Announces Major Expansion into Fintech, Blockchain, and AI, Reinforcing Its Position as a Diverse Industry News Leader
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.
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.”
For more information, please visit HIPTHER.com
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