Blockchain
Stakester launches NFT initiative giving gamers access to next level bonuses, privileges and royalties
Stakester, the entertainment app that matches gamers who want to play like-minded opponents for money and prizes, is launching Stakester VIP Cheat Codes, an NFT innovation that is designed to intensify the gaming experience across classic console, PC and mobile games.
Stakester has seen explosive growth since it launched in 2020 (100,000 members across 31 countries), its forthcoming NFT drop is the next iteration of the company’s growth strategy, elevating the idea of an NFT above being simply digital artwork by adding layers of gaming utility to the NFT itself.
“The NFTs embody Stakester’s vision of delivering electrifying gaming experiences through the thrill of competition. NFT holders will help us shape new, undreamt-of entertainment experiences as gaming becomes ever more powerful and immersive,” said Tom Fairey, Founder and CEO of Stakester.
Gamers that buy a Stakester VIP Cheat Code NFT will unlock big prizes (free subscriptions to streaming services like Spotify, designer headphones and even a Peleton bike), the option to play with and win larger sums of money, earn incremental revenue as the NFT project grows, and also access opportunities to influence the Stakester product roadmap.
Built on the Ethereum Blockchain, two levels of VIP Cheat Codes will be released in the NFT drop, VIP and VIP Legendary:
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VIP Cheat Code acts as a pass for the Stakester app and bundles bonuses and privileges including the ability to compete for prizes up to $1000, access to VIP arenas and chat, exclusive mobile competitions, advanced notification of future NFT drops, and more. At launch there will be 9780 VIP Cheat Code NFTs at a cost of 0.1 ETH.
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Legendary status Cheat Codes (the top-level pass) includes all of the benefits available in the VIP level plus higher deposit and withdrawal limits, priority access to live events. Legendary status Cheat Code NFTs are more rare. There will be 220 in the first mint with more to follow at a cost of 0.1 ETH.
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Even more rare Genesis Cheat Code NFTs will also be available at the first drop with only 300 in total being minted at a cost 0.25 ETH.
All Genesis and Legendary NFT holders will get a 50% share of royalties from secondary market sales* and the opportunity to participate in the future direction of product updates.
The NFTs have been designed to look like ‘access all areas’ lanyards, with scraps of notepaper attached to them that display cheat codes from historic PlayStation, Nintendo, Xbox or PC games. The NFTs can also be displayed on the owner’s Stakester profile.
Tom Fairey, continues: “As well as the increase in gaming utility, the NFT drops provide Stakester users with a chance to invest in the future of the company and, for VIP Legendary holders, there’s also an opportunity to benefit from a royalty share from certain competitions and to make a passive income from NFTs, regardless of whether they go up in value or not. Stakester is one of the only platforms to offer this kind of bonus.”
Stakester’s VIP Cheat Code NFTs are also supported via its dedicated channel on Discord where members get to discuss gaming and express opinion on the advances that they would like to see in the Stakester app.
A VIP or VIP Legendary NFT will cost 0.1ETH. Gamers can register for your VIP Cheat Code NFT here: www.stakestervip .com
*Genesis and Legendary VIP Cheat Code NFT holders receive a 50% royalty share from the collection of sales from the secondary market as follows: 6% royalties will be taken from each sale, with 3% going to the Genesis and Legendary VIP Cheat Code NFT holders. The funds will be available quarterly and will be distributed via a Stakester crypto app which will be launched later this year.
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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