DeFi

Yieldly DeFi System to Partner With Esports Organizations

Source Node: https://www.crowdfundinsider.com/2021/08/179639-yieldly-defi-system-to-partner-with-esports-organizations/
Time Stamp: August 26, 2021 7:29 PM - Modified On: August 26, 2021 - Published By:
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Republished By Plato

Yieldly, a decentralized finance (DeFi) ecosystem built on the Algorand blockchain, today announced partnerships with esports organizations BOOM esports and Fact Revolution. They will see the release of bespoke esports NFTs that users can win via staking. The partnerships will enable BOOM and Fact Revolution fans to gain entry to Yieldly’s staking products and no loss lottery and earn customized NFT-based rewards for participation. This will allow Yieldly to introduce millions in the global esports gaming community to the benefits of DeFi on Algorand, including lucrative yield-generation opportunities, faster trades

Cardano DeFi Project Spores Raises $2.3 Million in Funding Round

Source Node: https://coingenius.news/cardano-defi-project-spores-raises-2-3-million-in-funding-round-28/?utm_source=rss&utm_medium=rss&utm_campaign=cardano-defi-project-spores-raises-2-3-million-in-funding-round-28
Time Stamp: July 17, 2021 12:08 AM - Modified On: July 17, 2021 - Published By:
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It was a tough week price-wise in the cryptocurrency market. The total capitalization lost around $100 billion as every single coin from the top 20 is in the red. Some lost more than others, but we’ll get to that later. Kicking it off with Bitcoin. It had a relatively calm week, and even though it’s down about 3% over the period, it’s still not as bad as a lot of the altcoins. BTC was trading at around $34,000 last Friday, and apart from a brief positive spike on Monday, it

Polygon and Community Gaming Partner to Provide Scalable Esports Tournaments

Source Node: https://coingenius.news/polygon-and-community-gaming-partner-to-provide-scalable-esports-tournaments-33/?utm_source=rss&utm_medium=rss&utm_campaign=polygon-and-community-gaming-partner-to-provide-scalable-esports-tournaments-33
Time Stamp: July 13, 2021 12:09 AM - Modified On: July 13, 2021 - Published By:
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[PRESS RELEASE – London, United Kingdom, 12th July 2021] Nexo, the leading regulated institution for digital assets, has completed a strategic investment in Yield Inc, a company leading efforts to build the Yield Protocol – an Ethereum protocol that enables fixed-rate borrowing and lending by fostering the nascent DeFi bond market – as part of the company’s $10-million Series A funding round. Nexo aims to not only provide necessary funding but also to help Yield’s efforts to build DeFi native versions of traditional finance products. Nexo’s investment represents another important

Virtue Poker Gets a Seat at the DeFi Yield Farming Table

Source Node: https://blockonomi.com/virtue-poker-lucrative/
Time Stamp: July 5, 2021 7:32 AM - Modified On: July 5, 2021 - Published By:
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It’s nice when things just fit together and the world around us makes sense.  It speaks to our basic need for answers–and our appreciation of tidiness.  The scientific community has been on an endless hunt for a theory that ties together the key forces around us.  If found, the Theory of Everything will change the way we see the universe.Compared to five years ago (even 18 months ago), the financial world has not only flipped on its head, but has done cartwheels, back flips, and has learned to briefly fly. 

Nvidia’s CEO Talks Crypto, NFTs, and The Metaverse

Source Node: https://blockonomi.com/nvidiz-ceo-talks-crypto-nfts-metaverse/
Time Stamp: June 14, 2021 7:36 AM - Modified On: June 14, 2021 - Published By:
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Jensen Huang, Nvidia CEO, talked about the future of the metaverse in a briefing with press members during Computex, including his views on NFTs and crypto.The idea of the Metaverse has been part of popular culture for decades ever since American science-fiction author Neal Stephenson used it in “Snow Crash”. As seen in movies like Ready Player One, Tron, Altered Carbon, and many others, the Metaverse seems like an inevitable outcome of technological advancement.The metaverse is a virtual world that connects with the world we currently live in, enabling people

Fintech Firm Mercuryo Locks In Esports Partnership

Source Node: https://bitcoinist.com/fintech-firm-mercuryo-locks-in-esports-partnership/?utm_source=rss&utm_medium=rss&utm_campaign=fintech-firm-mercuryo-locks-in-esports-partnership
Time Stamp: June 1, 2021 10:00 AM - Modified On: June 1, 2021 - Published By:
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Swedish esports organization Ninjas In Pyjamas (NIP) has partnered up with cryptocurrency infrastructure firm Mercuryo. The partnership will take during Counter-Strike’s BLAST Premiere Spring Finals from June 15-20. Greetings, Gaming The team at Mercuryo cited a number of commonalities between esports and fintech that allowed this partnership to be a natural fit; forward-thinking perspectives and problem-solving abilities are critical in both worlds, and two major pillars that Mercuryo CEO Petr Kozyakov cited directly. “In gaming, this set of skills can secure victory. In the financial industry, they help drive innovation”,