Dubai, UAE, 22nd February, 2023, Chainwire
The SiGMA Eurasia expo in Dubai from March 13-16, 2023 will take place at the InterContinental Festival Arena. It provides attendees with opportunities to network with professionals in various industries, learn about the latest technology and innovations, connect with key decision-makers, and gain knowledge about new markets.
Dubai is a prime location for business, innovation and entrepreneurship, due to its thriving business environment that blends opportunities from East and West.
Major companies in the technology, gaming, affiliate and medical industries will be showcasing their products and services, including a Startup Village where delegates can evaluate new market players.
The SiGMA Eurasia Dubai expo will also host three startup pitches where business owners can present their ideas to a panel of experts. Prior to the SiGMA Eurasia Dubai expo, the CPA Club International forum will host a meetup in collaboration with SiGMA, featuring Jordan Belfort, also known as The Wolf of Wall Street.
The event will provide opportunities to network with influential individuals and decision-makers, including senior government officials and leading experts in the field, such as serial entrepreneur and investor Gary Vee, who will be speaking on three conference stages.
Nightly networking drinks and dinners will take place, giving delegates the chance to meet and connect with each other, building lasting business relationships. The prestigious Gala Awards and the closing celebration are two of the most sought-after events, with the Gala Awards supporting the SiGMA Foundation and benefiting educational institutions in Africa.
By bringing together top investors, suppliers, affiliates, startups, and operators, the event will give the audience the opportunity to form new collaborations and pursue business opportunities, including strategic alliances and joint ventures. Local government representatives will also be present, offering special opportunities for development and expansion.
Learn, Network, Explore
The agenda for the event is focused on thought-provoking conference sessions led by top-notch thought leaders, including this year’s keynote speaker Gary Vee, a highly successful entrepreneur and investor.
Throughout a series of panels and keynotes, a group of distinguished industry professionals, including Dr. Sara Al Madani, Josef Holm, and John Lee, will share their insights and spark debates on current business trends in areas such as esports, affiliate marketing, virtual reality, and Web3. They will assess the challenges and potential opportunities facing the MENA region.
Panels will delve into a variety of topics, including the use of generative AI, the development of legal and regulatory frameworks for online gaming in the Middle East, the growth of cryptocurrency payments, and the role of Web3 in competitive gaming.
For a complete overview of the SiGMA Eurasia agenda, check out the official website.
If you’re interested in exhibiting or sponsoring, find out how to be a part of the event’s success on the website.
Contact
Sigma Press
pr@sigma.world
Singapore, Singapore, 21st February, 2023, Chainwire
Cartesi (an application-specific rollup execution layer with a Linux runtime) has launched its Community Grants Program for developers looking for support to get their ideas off the ground, and for Web3 enthusiasts interested in helping shape Cartesi’s developing ecosystem. A community-driven program to fund a broad network of contributors, its goal is to help build and expand the Cartesi ecosystem. Reflecting a broader movement towards Cartesi’s decentralization, the Community Grants Program is a step forward in providing increased community involvement in the grants selection process.
For developers who have an incredible idea, but need some extra help to get it off the ground, Cartesi’s Community Grants Program is not only about financial support. By harnessing the power of the Cartesi community, developers are also provided with invaluable technical and strategic advice to ensure the success of projects growing within the Cartesi ecosystem.
With the Community Grants Program, developers can easily refine their proposal for funding their project with community feedback, strengthening its feasibility and potency.
In addition to developers submitting their ideas, the Cartesi Foundation will periodically publish Requests for Proposals (RFPs) for projects that the Foundation believes are of particular relevance and impact to the ecosystem.
The launch of the Cartesi Community Grants Program also ushers in a new governance function for Cartesi’s token, CTSI. The Cartesi Foundation’s decentralized ecosystem will use CTSI as a way for community members to signal approval or disapproval of grants that are proposed.
With the Community Grants Program, the Cartesi community can influence what is being funded and built on Cartesi tech. It also allows the community to more easily connect with the builders in the Cartesi ecosystem, potentially even independently collaborating with any of the projects being built and funded.
About Cartesi
Cartesi Rollups is an application-specific execution layer that elevates simple smart contracts to decentralized Linux runtimes. It allows developers to launch highly scalable rollup chains, and code decentralized logic with their favorite languages and software components.
- Every DApp has its own high-performing rollup chain;
- No cannibalization of resources from other DApps in Cartesi’s ecosystem;
- No network gentrification;
- Enable an entirely new class of DApps that currently cannot run on EVM chains;
- Preserve the strong security guarantees of the underlying blockchain
Contact
Karmen Truong
Cartesi
karmen.truong@cartesi.io
Rotterdam, Netherlands, 21st February, 2023, Chainwire
Spheroid is an AR/XR platform that uses the SPH utility token for powering all the activities in its ecosystem.
This funding commitment from ABO Digital marks a significant milestone for Spheroid, which plans on using the funds to continue building tools and capabilities within Spheroid Universe, such as Spheroid Script (A cross-platform programming language developed to speed up and reduce the cost of developing AR/XR applications) and Spheroid Demiurge IDE (Cloud-based integrated development environment for programmers and designers who work together on AR/XR projects), among others.
“This commitment from ABO Digital will enable Spheroid to continue developing and scaling the infrastructure within Spheroid Universe,” said Spheroid Universe Managing Director Andrea De Marco.
“We are excited to work with the Spheroid team going forward,” said Amine Nedjai, Director of ABO Digital, “Spheroid is building essential tools for creators in the AR/XR space which we believe will be seeing increased demand over time.”
About Spheroid
Spheroid Universe (Spheroid), an extended reality metaverse company, has announced that it has secured an investment commitment from ABO Digital for its utility token SPH. Spheroid is a platform for developing extended reality projects. The technological basis of the platform is the Spheroid XR Cloud and the Spheroid Script programming language designed for AR/XR creation.
SPH is the native token of the Spheroid ecosystem that fuels the activities of the platform. It can be exchanged for Spaces (virtual lands of the Spheroid Universe), used for advertising in XR, placing content, and for various platform services. Among the products powered by SPH there is Spheroid Earth – an open global project for creating Earth 3D Digital Twin.
About ABO Digital
ABO Digital is a digital asset investment firm, and part of the Alpha Blue Ocean group which has executed more than $2bn in financing commitments for publicly listed companies across the globe. ABO Digital is based in the Bahamas and invests in cryptocurrency projects globally.
Contact
Managing Director
Andrea De Marco
Spheroid Universe
info@spheroiduniverse.io
Zug, Switzerland, 21st February, 2023, Chainwire
Sensorium is announcing that the Sensorium Galaxy metaverse has entered its much-awaited VR multiplayer public playtest as it opens up access to more virtual reality and content features inside virtual worlds, while also laying out a new metaverse doctrine.
Delivering on its promise to develop a full-fledged metaverse with unparalleled entertainment offerings, Sensorium is unveiling PRISM, a virtual world dedicated to music, as the first destination to become available to users. Inside this environment, visitors can experience the 24/7 galactic Sensorium Party where Sensorium’s pioneering AI avatars can be seen performing.
The new stage enables users to become familiar with the metaverse’s VR mechanics, its immersive environments, and avatar customization options.
Users will also have the opportunity of interacting, for the first time, with others in VR and via voice chat, meeting not only other human participants but also AI virtual beings.
Sensorium Galaxy is emerging as the first AAA-inhabited metaverse with a community of AI-powered avatars populating its virtual worlds. Here, social AI is a core technology in powering next-generation networking relationship building and content creation, for users and artists alike.
Sensorium’s press secretary, the AI-driven avatar Yonaka, offers a detailed look at the company’s global metaverse doctrine.
In another demonstration of the groundbreaking capabilities of generative AI technology to hold contextual conversations, Sensorium is now also unveiling the Salvador Dali Experience, a VR environment where users are invited to meet the AI avatar of the late genius and chat with Dali’s virtual being across an endless variety of topics.
Based on these features, Sensorium is opening up a pathway for users to live out alternative life scenarios, build a digital self, and attain digital immortality, whereby they choose the digital footprint they’re leaving behind and allow future generations to interact with.
Built on top of Unreal Engine 5 as well as advanced VR and AI technologies, the depths of Sensorium Galaxy unfold across several virtual worlds, each dedicated to different types of entertainment and filled with curated content.
Developed in collaboration with nightlife entertainment visionary, music trendsetter, and Hï Ibiza and Ushuaïa Ibiza founder Yann Pissenem, PRISM world is already a confirmed destination for shows by acclaimed world-class performers, including David Guetta, Carl Cox, and Black Coffee, among others. The first three performances in PRISM are slated to take place during the first half of 2023. The second half of the year will also see the release of MOTION, introducing users to more ‘virtual life’ mechanics of Sensorium Galaxy.
Crucial to all metaverse activities, Sensorium Galaxy’s in-platform token, SENSO, will continue supporting the entirety of the ecosystem, across activities and offerings such as premium content and NFT drops.
NFT drops scheduled for 2023 include DAPP avatars and UNDER land tokens. These assets will be used in Sensorium’s decentralized platform, which ensures that all users have ownership over their digital assets and are the sole entity responsible for decision-making over their virtual possessions. Starship and UNDER will become the first two virtual environments to leverage Web3 capabilities within the Sensorium ecosystem.
All of these blockchain-based activities are now being made compatible with VR.
Sensorium Galaxy is available on Steam, where users can access the metaverse’s public playtest, as well as the Sensorium Galaxy mobile app. Full cross-platform access, including desktop access, will become available later this year.
About Sensorium
Founded in 2018, Sensorium is a Swiss company and a leading metaverse developer, leveraging cutting-edge XR and AI technology to deliver next-generation virtual experiences in entertainment and social interaction.
The award-winning Sensorium Galaxy metaverse project, the company’s flagship product, is currently the only global XR multiplayer platform that immerses users into multi-sensory experiences in virtual worlds, across content hubs of various forms.
These include immersive musical experiences in the epicenter of entertainment, PRISM world, self-discovery programs and guided meditations unfolding within the spiritual environment of MOTION world, and a new type of transversal social interaction enabled by a million-strong community of AI-controlled autonomous virtual beings inhabiting the metaverse.
Sensorium leans on its long-standing collaboration with the world’s best technology and entertainment partners to shape the environments and content of its metaverse.
In addition to the innovative developments in the fields of virtual reality and AI, accessible through a wide variety of interfaces, Sensorium is also a leading Web3 company enabling a stack of pioneering blockchain and decentralized solutions.
Contact
Web3 Marketing Director
Matias
Sensorium
matias.lapuschin@sensoriumxr.com
+971552430075
Seattle, Washington, 20th February, 2023, Chainwire
Massive Gaming, NEOWIZ’s overseas affiliate, will launch the global social casino slot game House of Slots in March 2023, House of Poker, a global social casino hold’em game will be released as a follow-up.
Before and after launch, tokens, airdrops, and game NFT free minting will be included in House of Slots. Introduced as the world’s first stable blockchain technology-based social casino game, House of Slots is intended to provide users with the opportunity to experience the Play and Earn ecosystem before launch.
House of Slots will offer over 80 different social casino slot machine games and provide users with a realistic and fair gaming experience. Through the Web3-based Play and Earn system, users will be able to unlock rewards in the game’s decentralized economy, which will give users the opportunity to play games that will allow them to own more value in the game. This provides an opportunity for users of House of Slots to more fully own their value in the game. To this end, the IntellaX ecosystem developed by NEOWIZ in partnership with Polygon is already being serviced globally.
One airdrop event is scheduled before the launch, and user reward events will continue after the launch. Information on airdrops and NFT free minting events can be received through communities on Discord, Twitter, and Telegram. Links to the airdrop page can be found on Gleam. Users who participate in each event must install an IntellaX wallet to receive rewards, and wallet installation is possible through a simple login registration or by linking their email allowing users to easily participate in the events.
There are additional benefits through House of Slots mission play, and in particular, users who will own an NFT will receive more valuable rewards through the NFT holder limited event after opening. While slots may be a solitary game we have built up a community around it. Make sure to join our discord server to relive your big wins. You can also learn more about the upcoming events on our Medium page.
The most notable aspect of this project is the adoption of the stable USDC, a coin fixed to the value of the US dollar. Global users can play various social casino games for free and earn USDC with specific goods provided by the game. This will prevent the decline of the game token’s value, which has been the most notable issue with Web3-based games so far. As for the Play and Earn system, users will be paid USDC as a reward, ensuring stability in reward value.
To date, small and medium-sized game developers have experimented with the combination of Play and Earn games based on blockchain technology, but the in-game economies have not provided a stable structure that produces fair benefits to users.
The benefits have only been seen by developers in their token mining profits. However, House of Slots is the world’s first social casino game service based on blockchain technology that applies a Play and Earn structure that can fairly benefit users due to the use of the stable USDC in the game. Users will be expected to have the opportunity to use various services within the blockchain ecosystem as well as enjoy social casino games through the world’s first social casino game based on blockchain technology.
For more information, visit:
Discord | Telegram | Twitter | Medium
About Massive Gaming
Massive Gaming is an affiliate of NEOWIZ, focused on the production and publication of Crypto-enabled games and services. Learn more at our Medium – https://medium.com/massivegaming
Official website: https://massivegaming.io/
Contact
Press Relations
Bill Murphy
Massive Gaming
bill@massivegaming.io
Abu Dhabi, UAE, 20th February, 2023, Chainwire
Venom Foundation, the first Layer-1 blockchain licensed by Abu Dhabi Global Market (ADGM), has teamed up with Hub71, Abu Dhabi’s global tech ecosystem, to provide startups with enterprise-grade solutions and simplify blockchain adoption for businesses.
The collaboration between Venom Foundation and Hub71 will focus on accelerating the growth and adoption of blockchain technologies in the Middle East and North Africa (MENA) region and beyond. Venom Foundation will work closely with Hub71+ Digital Assets, Hub71’s dedicated Web3 and Digital Assets specialist ecosystem, to help startups as well as enterprises with business development, digital asset regulation, blockchain adoption, and related technologies.
The Venom-Hub71 collaboration was brought together by Iceberg Capital, the regulated investment manager based in ADGM which will further leverage its network and expertise to assist the parties in reaching their common objectives.
With an aim to raise industry standards for incubation, acceleration, and grant programs, Venom Foundation will deploy its expertise and know-how in venture capital, venture building, and technology to support startups to grow and scale from Hub71+ Digital Assets. Additionally, startups and established businesses will be able to benefit from the use of the Venom blockchain to successfully transition from Web2 to Web3.
As part of the partnership, Venom and Hub71 will also work together to onboard local and international startups to Hub71+ Digital Assets. By joining the specialist ecosystem, startups will be able to engage and collaborate with a diverse range of partners and leading Web3 entities to accelerate the transition toward disruptive blockchain technologies. Startups will also benefit from Hub71’s value-add programs and incentives.
Peter Knez, Chairman of the foundation council at Venom Foundation, commented: “Collaboration is the key to unlocking the full potential of emerging technologies. We are proud to have struck such a great collaboration, here in the financial heart of Abu Dhabi. By working together, we can build a better future for businesses and communities, from Abu Dhabi to the world.”
Elodie Robin Guillerm, Head of Growth and Strategy at Hub71, said: “We are excited to be collaborating with Venom Foundation to help startups in the MENA region develop and scale Web3 technologies from Abu Dhabi. By bringing together leading industry experts and players such as Venom Foundation, Hub71+ Digital Assets is accelerating the growth of disruptive businesses and creating commercialization and investment opportunities for founders.”
Startups onboarded to Hub71+ Digital Assets will also gain access to Venom’s infinitely scalable blockchain architecture and a team of highly skilled specialists that will help them build their Web3 solutions.
Mustafa Kheriba, the Executive Chairman of Iceberg Capital, said: “We are pleased with this promising partnership between Venom Foundation and Hub71 and we are confident that this partnership shall be very beneficial for the development of Web3 technologies throughout the region. Iceberg will leverage its expertise in helping both parties achieving their shared objectives”
The Venom blockchain is an asynchronous chain that uses a state-of-the art dynamic sharding technology while maintaining decentralization, scalability, and security.
Venom Foundation provides the essential infrastructure that enables startups to grow within a regulated and scalable environment. The Foundation’s primary focus is on technologies in the MENA region that provides easy and secure migrations to Web3 for both private and public organizations and governments, while also handling massive transaction volumes with no increase in network latency or costs.
Hub71’s vibrant community consists of over 200 startups operating in 20 economic sectors. Founded on the values of partnership and collaboration, Hub71 connects entrepreneurs with impact-driven investors and corporates and supports them with scaling their businesses and accessing global markets.
About Venom Foundation
Venom is the first licensed blockchain operating under the jurisdiction of the ADGM, with a license to issue utility tokens. The ADGM is an oasis for investors and financial services firms, positioning Venom as the world’s first compliant blockchain, affording authorities and enterprises the freedom to build, innovate, and scale.
A portfolio of in-house dApps and protocols has been developed on the Venom blockchain by various companies. It now harbors the potential to become a bridge for the adoption of CBDCs in the Middle East, North Africa, and worldwide.
For more information, visit: Website | Twitter
About Iceberg Capital
ICEBERG Capital Limited is regulated by FSRA as a Prudential Category 3C investment manager based in ADGM. ICEBERG Capital is a fast-growing alternative asset management company that provides diversified investment management platforms that includes direct and private equity, venture capital, technology, and virtual assets. ICEBERG Capital also offers traditional asset management services such as investment portfolios in local and international markets, financial instruments (equities, ETFs, commodities, derivatives, etc), as well as specialized platforms for securities, and blockchain technology.
For more information about Iceberg Capital, visit: Website | LinkedIn
About Hub71
Hub71 is Abu Dhabi’s global tech ecosystem that enables founders to build globally enduring homegrown tech companies in any sector by providing access to global markets, a capital ecosystem, a global network of partners, and a vibrant community filled with highly skilled talent, governed by forward-thinking regulation.
Backed by the Government of Abu Dhabi and Mubadala Investment Company, Hub71 is growing its vibrant community of tech startups, investors, government, and corporate partners to ensure the availability of investment, commercial activities, and incentives from the public and private sectors. Through Hub71’s entrepreneurial infrastructure, value-add programs, enabling services and support packages, founders can build, and scale widely adopted technologies with purpose and impact. Hub71 is on a mission to introduce new minds and technologies to Abu Dhabi, finding new ways to build globally enduring technology companies and sustain the nation’s continuous economic development. For more information visit www.hub71.com and follow us on @Hub71AD #Hub71.
For more information, visit: Website | Twitter | LinkedIn
Contact
Adam Newton
pr@venom.ventures
Singapore, Singapore, 18th February, 2023, Chainwire
NvirWorld – a blockchain technology innovation company, and World Vision – a non-governmental organization (NGO) for international relief and development, have signed a business agreement at the World Vision Korea headquarters. The MOU with the world’s largest NGO aims to develop a transparent and healthy donation culture using NvirWorld’s self-developed blockchain patent technology, which is expected that will contribute to activating the transparency and reliability of the current donation system.
In particular, NvirWorld’s patented technology enables transactions and payments in places without network connection or natural disasters such as earthquakes happened this month on the 6th in Turkey and Syria. Through this patented technology, it is expected that payments and transactions can be made even without an internet connection or when a disaster happens.
The technology also provides a foundation for anyone to enjoy economic benefits equally and freely, even in situations where opening a bank account is difficult, and it is expected to create a transparent donation culture by incorporating it into the donation system and operating more donation campaigns that are free and fair.
NvirWorld, which is specialized in blockchain has been operating public-interest donation campaigns based on blockchain technology since its foundation to spread the positive effects of blockchain. Through various CSR activities, such as the UNICEF International Children’s Fund campaign for children in Afghanistan and Haiti, the Dokdo NFT donation campaign, and the Myanmar campaign, they have donated a total of $146,144.
Meanwhile, NvirWorld announced that it will donate all the profits from the exhibition sale of media artist Lee Lee Nam’s solo exhibition, “조우: Encounter” currently being held at NVIRGALLERY in Gangnam District, South Korea to support emergency relief efforts in Turkey and Syria, which are suffering from the aftermath of the earthquake through World Vision.
About NvirWorld
NvirWorld is a pioneering company that specializes in the development of blockchain technology and the provision of advanced services. NvirWorld currently operates various Ethereum and Solana multichain platforms such as the NFT Marketplace “Nvir Market”, the DeFi Virtual Synthetic Asset Investment platform “N-Hub”, “NWX” NFT, and their deflationary token “NVIR”.
Of particular note, NvirWorld has successfully addressed fundamental problems in the Play-to-Earn (P2E) model and has incorporated its patented technology into its upcoming Decentralized Exchange – INNODEX, scheduled to launch in Q1. With over 40 developers working tirelessly on expanding the ecosystem, NvirWorld is expected to make significant strides in the blockchain industry with its mainnet, which can even be utilized without an internet connection, planned for release in Q4. It is also worth noting that “NVIR” will serve as the designated gas fee upon the launch of their mainnet.
Contact
JiEun Sia
NvirWorld Limited
jieun.sia22@nvirworld.com
Dubai, UAE, 17th February, 2023, Chainwire
The 10th Global Forum on blockchain, cryptocurrencies and mining – Blockchain Life 2023 takes place on February 27–28 in Dubai.
The event is attended by key industry players, government representatives, heads of international companies and funds, investors, promising startups teams and beginners. It’s noteworthy that the Forum is a meeting point for a premium crypto audience including world Crypto Whales.
What to expect?
- Whales of the crypto industry at one place
- Top speakers with world-changing insights and analytics
- Global expo of the latest Web 3.0 technologies
- Breakthrough smart networking app
- The legendary AfterParty on the luxury yacht trip
Top speakers:
- Yat Siu – Co-Founder and Executive Chairman of Animoca Brands, Founder and CEO of Outblaze
- Sergei Khitrov – Founder of Listing.Help and Jets.Capital
- Ben Zhou – Co-founder and CEO of Bybit
- Dr. Marwan Alzarouni – CEO of Dubai Blockchain Center
- Carl Runefelt – Crypto Entrepreneur, Founder Of CryptoJobs.com
- Chris MMCrypto – Cryptocurrency Expert, Co-Founder of MMCrypto
- Gabriel Abed – Ambassador of Barbados to the UAE
- Dr. Mohamed Al Hemairy – Director of Technology Transfer Office at University of Sharjah, Blockchain & Crypto Advisor
- Manan Shah – Founder and CEO of Avalance Global Solutions and CyBirb
- Gracy Chen – Managing Director of Bitget
Where and when?
February 27 – 28, Dubai, Atlantis the Palm.
Buy a ticket with a 10% discount now using promo code 2023 here.
Contact
Media manager
Andrey Tretyakov
Blockchain Life
infopartners@blockchain-life.com
Willemstad, Curacao, 17th February, 2023, Chainwire
BC.GAME has teamed up with its new ambassador, Brazilian professional footballer David Luiz, to bring RIO Carnival to crypto casino players. A $1.2 million prize pool is up for grabs together with weekly cash prizes in the major gaming event.
RIO Carnival grants players the chance to earn RIO coins in order to win shares from the event’s $1.2M prize pool. RIO coins are an exclusive coin minted for the BC.GAME carnival event and can be primarily earned by making deposits or wagers within the specified period.
Coco, the mascot of BC.GAME shares, said: “Good times are ahead for our crypto casino community. RIO Carnival is just the start of more gaming and gambling opportunities that we’ve prepared for 2023. It’s time to broaden your horizons in the world of gaming where you can enjoy both rewards and gambling experience.”
Every $1 deposited grants 1 RIO coin and all deposits must be wagered to obtain the corresponding RIO coins. Earning more coins offers players a bigger share in the event’s prize pool. Players may also collect RIO coins through other means, such as daily logins and inviting friends to join the contest. The event runs from February 17 to March 16.
Players can also use their accumulated RIO coins to redeem weekly cash prizes for BC Dollars (BCD), where 1 BCD is equivalent to 1 USD. More details on the conversion are accessible through the RIO Carnival page.
RIO coins exchanged for BCD will be immediately burned upon redemption. If players want to win bigger prizes, they have the option to hold out for a chance to win a share of the $1.2M prize pool. The weekly redeemable prizes are refreshed every Friday at 00:00 AM UTC+0 throughout the event, allowing players to win up to $600 every week until RIO Carnival officially ends.
To learn more about the RIO Carnival, head over to https://rio.bc.game/.
BC.GAME is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.
About BC.GAME
Launched in 2017, BC.GAME is an online crypto casino known for offering a wide variety of online casino games, sport betting games, and live casino tables. It’s a licensed platform that allows players to deposit fiat and cryptocurrencies, creating a more convenient way for users to enjoy online casino games. BC.GAME recently announced David Luiz as the platform’s latest brand ambassador, giving the award-winning crypto casino platform a chance to connect with Brazil’s massive football community.
Contact
Issay Domingo
larswriter@bcgame.com
Irvine, California, United States, 16th February, 2023, Chainwire
The PlayDapp team announced the acquisition of ProudNet, the renowned peer-to-peer server network provider. This move is seen as an aggressive step towards entering the US gaming market and is set to provide game developers with the best possible technology in terms of stability and reliability for online multiplayer gameplay.
ProudNet, formerly a subsidiary of Pearl Abyss best known for cross-platform MMORPG Black Desert, is used by over 200 games globally. The company’s expansive portfolio is comprised of globally renowned titles, including Nexon’s “Vindictus”, Netmarble’s “Monster Taming”, “Seven Knights”, and “Marvel Future Fight” and Capcom’s “Street Fighter 5”.
Moreover, Proudnet is preferred by server developers for its patented technologies like System And Method For Changing Channels For Guaranteed Reliability Communications (Patent Issued 2016.5.31) and User Datagram Protocol Networking Method For Stability Improvement (Patent Issued 2019.6.11). It is this technology that enables the company to achieve world-class performance in online gameplay.
FPS, MRPG, MMORPG and other online, mobile, and social game-developing companies use Proudnet to make online gameplay more stable and reliable, which is notoriously hard to achieve. The company’s main client base consists of Asian game developers, however, with this acquisition, PlayDapp is looking to bring this game-changing technology to the US market.
An Acquisition to Transform the Gaming Industry
PlayDapp’s acquisition enables game developers to tap into the power of ProudNet’s P2P technology stack, by outsourcing most of the server development work and therefore significantly cutting costs. This means that developers can now deploy reliable, secure, lightning-fast peer-to-peer networks for their games with minimal effort and time.
Not only does this speed up development cycles and massively reduce costs but it also brings several other benefits that aim to increase the effectiveness of the game development industry. With ProudNet, PlayDapp will allow game developers to:
• Decrease the number of in-game drop-offs
• Reduce the cost of hosting by allowing games to be hosted on multiple servers instead of just one
• Significantly reduce latency and lag in online multiplayer games
• Process over 13,000 simultaneously connected players
• Employ multi-threading in server-to-server communication
• Achieve over 56% mobile hole-punching success rate
• Maintain gameplay stability at 98% or more.
When combined with the effective suite of PlayDapp’s blockchain products, the acquisition of ProudNet brings an all-in-one solution to developers.
PlayDapp’s Continued Market Growth
PlayDapp is a global blockchain middleware provider. It enables companies across many different industries to integrate blockchain technology into their business models and easily turn their assets into Non-Fungible Tokens (NFTs).
Notable partnerships include creating the Metaverse version of Samsung’s Everland, KB Bank (Korea’s Largest Bank) and PlayDapp’s blockchain-based C2C NFT Marketplace (formally Polygon’s Number one marketplace) allows gamers and users to freely buy, sell and trade their digital assets with each other. PlayDapp has seen tremendous success in terms of its market cap with a total of $133,240,187 at the time of writing (2/16/2023).
CryptoDozer, DozerBird, and Along with the Gods are just some of the company’s popular games. Players can expect even more games to come out of the press as the acquisition of ProudNet makes game development much more accessible.
PlayDapp is proud to announce the launch of its new office in Irvine, California, and will be utilizing ProudNet Technology for US game developers. With the newly added tech stack, PlayDapp aims to substantially improve the ecosystem of how games are created and experienced by users all across America.
About ProudNet
As the infrastructure to numerous game features, ProudNet enables advanced functionality such as real-time interactions across different devices, secure data transmission, and reliable latency. Game developers who are interested in learning more about ProudNet and its benefits should visit PlayDapp’s booth at the Game Developers Conference on March 20-25th, Booth S355.
ProudNet English Intro Video: https://youtu.be/4Yk2D7befpI
Website: https://proudnet.com/en/
Contact
Head of Global Marketing
Peter Song
PlayDapp
peter@playdapp.io