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European Gaming Congress 2024

Blockchain

GEMS Esports 3.0 Platform Successfully Raises 5,000,000 USDT

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GEMS, an Esports 3.0 aggregator Platform that combines the elements of GameFi, Esports, Metaverse and SocialFi (GEMS) , is set to launch in Q2 2022. The GEMS Esports aggregator platform has successfully raised 5,000,000 USDT, and has acquired support from 30+ venture capitals, and 45+ ecosystem and solution partners, including, but not limited to heavyweight GameFi leaders such as, Project Seed, FOTA, DreamQuest, World Overlay, Moon Ray, Starverse (AAA Games).

Forging the future of blockchain and Esports gaming, GEMS is bringing Esports 3.0 to the table. In the age of Esport 3.0, this is the first time that players get to own digital assets and have more say in the gaming community, and economy. Similar to Web 3, people can now read, write, and own the content, and fully immerse themselves in the gaming world.

According to Newswagg’s research, the blockchain gaming industry had market revenue of US$321 million in 2020 with around 41.9 million gamers owning crypto. The combined blockchain and Esports market is facing exponential growth, where the blockchain Industry Is capitalizing on Esports. It is clear that times are changing, which is why GEMS is diving into different elements of blockchain and Esports, and becoming the pioneers and leaders of Esports 3.0.

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“GEMS has the vision to create the next Esports ecosystem from online to offline jointly supported by LABS Group, Arena Esports Hotel, and Game One Inc. With this strong alliance, I am positive that GEMS is going to fulfill its goals and transform the world,” said Andy Koh, CEO of GEMS.

More than 32 VCs have invested in GEMS Esports 3.0 platform currently, such as OIG, Gain Associates, Crypto Vietnam, Kenzo Ventures, Plutus.vc and many more. Over the past few months, GEMS has outreached 800K+ users and partnered with 30+ Blockchain and Esports associations and companies at C Suite level.

I believe GEMS will fly to the moon once launched. It has everything needed to get started with blockchain. It is basically STEAM, but a blockchain version, plus a guild in an O2O economy/ sharing economy. We want to make crypto/ blockchain/ GameFi/ NFT available to everyone by setting a low entry fee and rental fee. GEMS is the most advanced ecosystem at the moment,“ Yuen Wong, Co-Founder of GEMS emphasized.

GEMS will integrate an online system with an offline presence. Online refers to the GEMS platform, while offline refers to their hotel network across Asia, with Southeast Asia as the initial stepping stone. With an ambitious goal to own 50 hotel touchpoints in three years, players can gather teams and battle in competitions in Esports and GameFi tournaments.

Shaping the future of the gaming industry, GEMS’ 5 core business pillars include NFT Marketplace and DeFi Union that introduce multiple payment models and loans to make expensive NFTs available for everyone; A FanFi Studio that has a comprehensive system to recruit, train, and empower aspiring GameFi gamers, influencers, and streamers; A DAO Guild that offers gamers an opportunity to become guild trainers, team up with others, and create an in-game community; last but not least a Play-to-Earn Arena that allows players to gather online to play, and form teams and battle with others in competitions.

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EMERGE Group is Leveraging Sei’s Unique Optimizations to Revolutionize Web3 Gaming

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EMERGE Group, a leading commercialization partner and Web3 game publishing company, is excited to announce that it will leverage Sei, an open-source blockchain platform and ecosystem, to onboard innovative Web3 games. Powered by Sei, EMERGE Group will use its expertise in Web3 marketing and go-to-market (GTM) strategies to expand the Sei user base and bring in more high-profile gaming projects.

As part of its aggressive expansion into the Web3 gaming industry, Sei is actively seeking quality games to build on its platform. The blockchain platform is offering grants and comprehensive support to help these games succeed from development to launch through Sei’s ultra-fast layer 1 blockchain – currently the fastest chain in the market. By joining Sei, game developers can focus more on creativity and innovation, while utilizing Sei’s secure and efficient blockchain infrastructure to handle technical blockchain complexities.

EMERGE Group is committed to supporting Sei’s vision of elevating the gaming experience by integrating decentralized finance (DeFi) elements and non-fungible tokens (NFTs) into quality games. The Web3 integration will also see EMERGE Group hosting significant Web3 events and leading game publishing efforts to ensure successful launches and sustained growth for games on the Sei platform.

The post EMERGE Group is Leveraging Sei’s Unique Optimizations to Revolutionize Web3 Gaming appeared first on European Gaming Industry News.

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Traderland.io Launches a Fusion of Gaming and Investment Training

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Traderland.io, an innovative interactive trading simulator gaming universe, has officially launched. The dynamic trading platform offers users the chance to immerse themselves in a socially-driven game landscape while honing their investment and asset-trading skills. Since its initial release, Traderland.io has rapidly gained popularity, attracting over 15,000 users.

Traderland.io stands out by utilizing real-time market data, allowing users to experience an immersive and realistic trading environment. Players can engage in trading activities that reflect live market conditions, providing a true-to-life simulation that enhances their learning experience.

In the Traderland.io universe, players are represented by customizable animated avatars. These avatars enable users to explore various cities within the platform, each offering unique challenges and opportunities. A significant feature is the ability to invest in virtual real estate across eight distinct regions, each with varying price points.

A core element of the Traderland.io experience is its tutorials, which are grounded in real-life trading scenarios. Users can choose to navigate these lessons with the guidance of a coach who is available to answer questions and provide step-by-step assistance.

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Traderland.io offers a broad selection of virtual assets for users to trade, including forex, stocks, cryptocurrencies, and futures. By trading these assets, players can gain practical experience and understand the intricacies of different investment vehicles.

The asset prices within the platform mirror actual market fluctuations, allowing traders to observe the impact of their decisions and adapt their strategies accordingly. Players can monitor their gains and losses through a comprehensive dashboard, providing a snapshot of their portfolio’s performance.

One of the platform’s most exciting features is the opportunity for players to engage in trading battles and tournaments against traders from around the world. These competitions not only elevate the excitement but also offer the chance to win real money, adding a tangible reward to the virtual trading experience.

The investment landscape is expanding rapidly, with the cryptocurrency market alone projected to grow to $13.18 billion by 2031. As more investors enter the market, Traderland.io aims to bridge the knowledge gap by educating users about various assets through an engaging, gamified approach. By participating in real-time trading and completing the tutorials, players can enter the investment space with confidence and competence.

Traderland.io is available exclusively through its website, offering a unique and comprehensive trading simulator that combines education, competition, and community engagement.

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Rivalry Expands Crypto Native Experience With Token Launch in H2 2024, Web3 Product Enhancements

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Blockchain-Based Product to Position Rivalry Within Fast-Growing Crypto Gambling Segment, Drive Product-Market Fit Among Digitally Native Bettors with Increased Functionality and User Experiences

Rivalry, the leading sportsbook and iGaming operator for Gen Z, revealed Rivalry Token, a native crypto token on the blockchain to add increased functionality, economics, and user experiences across the company’s product suite, continuing Rivalry’s track record of innovation in online betting. The launch of Rivalry Token, anticipated to arrive in H2 2024, represents one of several forthcoming initiatives to position Rivalry in the crypto gambling market and better serve its core audience of 30-and-under bettors.

“Online gambling is the latest web-based consumer category being increasingly disrupted by blockchain technologies with greater speed, access, and functionality than their legacy counterparts,” said Steven Salz, Co-Founder and CEO, Rivalry. “Tech-savvy bettors are leading a behavioral shift towards more experiential and crypto-enabled gambling experiences that are taking wallet share from incumbents at an accelerated rate.”

“Rivalry is well-positioned to access the growth opportunity in crypto with a proven product set, a brand entrenched in internet culture, and a captive audience of digitally native users that are driving this economic renaissance,” Salz added. “The launch of Rivalry Token, alongside a broader expansion into cryptocurrencies, strengthens our product-market fit among an under-30 audience and positions us competitively to capture a meaningful share of this fast-growing segment of the market.”

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Rivalry Token will be integrated within Rivalry’s product suite – from sportsbook to casino and more – with built-in properties to enhance the customer experience from end-to-end. Users can earn tokens through site activity such as betting and referring friends, which can be used on Rivalry to boost odds, participate in jackpots, and more to be detailed in the future. Rivalry Token will also be available on several to-be-announced crypto exchange platforms, trading under $RVLRY.

Rivalry Token creates a new dynamic relationship between player and house where every sports wager and casino spin, win or lose, is rewarded with a decentralized asset that can accrue value alongside player activity on Rivalry. The company expects its token will drive a meaningful increase in player engagement, loyalty, and advocacy by establishing more positive economic alignment and enabling customers to actively participate in product success.

Rivalry has today launched a pre-farming campaign where users can begin accumulating an interim currency through site activity and eventually social media which will be converted into Rivalry Token during the token generation event in H2 2024. Additionally, tokens will be distributed to all Rivalry accounts based on historical activity, rewarding loyal customers and creating a substantial reactivation opportunity for churned users.

Rivalry will also soon be adding greater support for other cryptocurrencies on its platform, allowing users to more easily bet with Bitcoin, Ethereum, Dogecoin, and other major cryptocurrencies. This will enable Rivalry to access a fast-growing audience gambling with crypto that is estimated to account for up to one quarter of global betting handle.

Following the official launch, Rivalry Token will be available for players to use on Rivalry in all of the company’s active markets excluding Ontario and Australia.

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The company will release more information about Rivalry Token throughout the coming months, including commercial partners, token economics, and more.

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