Blockchain
Breaking news: Oly Sport opens Testnet to give away VR glasses and NFT horses to the best riders
Oly Sport’s limited Testnet will last from December 28-30 with valuable gifts for the best players.
Following the set schedule, Oly Sport is ready to enter the Testnet phase in the last week of this December. Oly Sport is a horse racing game built on the Binance Smart Chain platform with a unique play-to-earn mechanism and particular horse breeding system.
After a long time waiting, Oly Sport has officially announced the first round of Testnet from December 28 to December 30. This is a critical stage to prepare for the Mainnet, so Oly Sport will give unique slots to those who have supported the project since the early days, specifically as follows:
Reward:
- Top 1-3: Oculus Quest 2
- Top 50: Lucky draw to win purebred horses (Total horses: 6 horses of 3 breeds, 2 of each breed)
(Except for the prize, any data at the Testnet stage will not be transferred to the Mainnet)
In addition to the rewards, Testnet participants will understand the gameplay mechanics better, how to earn $OLY from the races, and the impact of $OLY on the in-game economy. This experience will play a crucial role in improving Oly Sport’s final version for the development team.
Oly Sport is the latest project of CEO Jimmy Chan and his startup team in Canada. Jimmy Chan started with a real estate company called Odyssey 3D, which quickly grew to Top 100 companies in Ontario, Canada.
Revolutionizing traditional horse racing
Oly Sport is a game that follows the metaverse trend, solves the traditional problem using the blockchain, and is the only game that does not follow the betting like conventional horse racing. Furthermore, the $OLY token will be secured by tangible assets – natural land.
Unique horse system
The NFT horses in Oly Sport are characterized by dissimilar DNA, bloodline, genotype, generation, rarity, coat color, and genetic potential. Each horse is a different being that brings different values. That’s why Hollywood Star Lindsay Lohan spent 80,000 BUSD to buy a Majestic Sam Horse at the first auction of Oly Sport on November 29.
Outstanding economic system
Not only provides a unique race-to-earn mechanic experience, but Oly Sport also helps players become “shareholders” of real-life racecourses – something that no other NFT games can do.
Celebrity endorsement
The long-term vision and strategy of the development team have made Oly Sport more and more popular. The NFT horse racing project has received much support from prestigious sports journalist Fabrizio Romano, famous car vlogger Supercar Blondie, Shark Tank shark Kevin O’Leary.
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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