Fiat

HaloDAO, a Stablecoin Marketplace Protocol, and Yield Guild Games to Support Cash Outs in Southeast Asia

Source Node: https://www.crowdfundinsider.com/2021/09/180375-halodao-a-stablecoin-marketplace-protocol-and-yield-guild-games-to-support-cash-outs-in-southeast-asia/
Time Stamp: September 15, 2021 9:00 AM - Modified On: September 15, 2021 - Published By:
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Republished By Plato

HaloDAO is collaborating with YGG for “local” stablecoin support “for simpler cash out,” according to an update shared with Crowdfund Insider. HaloDAO, a stablecoin marketplace protocol, is working cooperatively with Yield Guild Games (YGG) to “enable YGG community members to support simpler cash outs in local regions with its updated v1 stablecoin optimized AMM on Ethereum and Polygon,” the announcement noted. There will be a special focus on expanding access to Singapore and the Philippines and other “high growth” regions, the update revealed. The objective of stablecoin support is to

India-based Stalwart Esports becomes first organization to completely shift to cryptocurrency

Source Node: https://dotesports.com/news/india-based-stalwart-esports-becomes-first-organization-to-completely-shift-to-cryptocurrency
Time Stamp: September 1, 2021 4:40 AM - Modified On: September 1, 2021 - Published By:
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Indian esports organization Stalwart Esports has completely shifted from cash to cryptocurrency in their balance sheet, it announced in a press release today. Stalwart said that this has made it the first esports organization to officially adopt cryptocurrency and blockchain technology. All salary payments to employees and players will also be made in cryptocurrency, Zeyan Shafiq, the founder of Stalwart confirmed to Dot Esports. This move comes at a time when the Indian government is reportedly considering a ban on cryptocurrency. Despite this, Shafiq expressed confidence in the org’s decision

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

What is Axie Infinity?

Source Node: https://www.asiacryptotoday.com/axie-infinity/
Time Stamp: July 6, 2021 7:31 AM - Modified On: July 6, 2021 - Published By:
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Republished By Plato

Axie Infinity is an Ethereum-based blockchain game inspired by Pokemon and powered by NFTs that allows players to breed and battle digital pets called Axies. The non-fungible token (NFT) space has made the interest in blockchain technology even higher, allowing developers to create games that store information on the distributed ledger, showing that the technology’s capacity is not merely limited to allowing the existence of cryptocurrencies. Axie Infinity’s goal is aligned with that. It is to make people understand the technology through an abstract but simple experience. Axie Infinity follows

Community Gaming raises $2.3 million in seed funding from CoinFund, Dapper Labs, and more

Source Node: https://www.theblockcrypto.com/linked/110333/community-gaming-raises-2-3-million-seed-funding-coinfund-dapper-labs?utm_source=rss&utm_medium=rss
Time Stamp: July 1, 2021 6:33 PM - Modified On: July 1, 2021 - Published By:
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Republished By Plato

The e-sports tournament organizer Community Gaming announced Thursday that it raised $2.3 million in seed funding. CoinFund, an investment firm that has shown an interest in non-fungible tokens (NFTs), led the round. Other notable investors include the NFT and digital rights unicorn Animoca Brands, Dapper Labs, and Multicoin Capital.  The Ethereum-focused software firm ConsenSys, which had led Community Gaming’s pre-seed round in 2020, also participated. “We are excited to have obtained support from major players in both the blockchain and gaming industries as we seek to bring web3 payment technology