Crypto Intelligence

Here’s Why SMEs Are Actively Adopting Bitcoin

As 2025 gets underway, small and medium-sized enterprises (SMEs) are discovering the power of Bitcoin (BTC) as a vital tool for growth and long-term security. As these businesses try to navigate a volatile economic landscape, many are recognising Bitcoin not

Sensorium Galaxy Enters Public Playtest and Lays Out Global Metaverse Vision

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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


Experience the World’s First Stable Blockchain-Based Social Slots Game

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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


Venom Foundation and Hub71 Partner to Accelerate Growth and Adoption of Blockchain Technologies from Abu Dhabi

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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


Blockchain company NvirWorld signs MOU with World Vision: Donate to the earthquake in Turkey-Syria

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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


Blockchain Life 2023 takes place in Dubai on February 27–28

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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


BC.GAME Launches RIO Carnival Competition With $1.2 Million Prize Pool

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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


PlayDapp Buys ProudNet to Bring Reliable, Secure Technology to US Game Market

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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


China Telecom and Conflux Network to pilot Blockchain enabled SIM card in Hong Kong

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Toronto, Canada, 15th February, 2023, Chainwire


Today China Telecom and Conflux Network announce a partnership to bring Blockchain SIM cards (BSIM) to market. The entry-level Web3 product will be the largest blockchain hardware product ever seen globally, involving the most users and applications. China Telecom will launch the first BSIM pilot program in Hong Kong later this year.

This will likely be followed by pilots in key mainland China locations such as Shanghai.

BSIM will dramatically lower the barrier to entry to Web3 for China Telecom’s 390+ million mobile phone subscribers, while making transactions faster and more secure. By making telecom users’ personal digital assets more secure, the goal is to make mobile phones more secure.

The BSIM card integrates Conflux’s Tree-graph, dual proof of stake and proof of work technology, enabling the highest system performance for any blockchain in the world. It uses the hardware security advantages of SIM cards to protect users’ private keys, which is a secure and convenient Web3 entry solution. 

The BSIM Card is indistinguishable from a traditional SIM in appearance but the storage space is 10-20 times larger than the traditional SIM card, and the computing power is increased by tens of times.  Users who switch to a BSIM card will be able to store digital assets safely, transfer their digital assets conveniently, and display their assets in a variety of applications.

The BSIM card will manage and store the user’s public and private keys in the card, and carry out digital signatures in a way that the private key does not exit the card. The BSIM card can also allow encrypted storage, key retrieval and other operations. The built-in Bluetooth module will be responsible for the signature and transfer of assets, to ensure the security of personal digital assets. This reduces the risk of the user being attacked by viruses and other malicious software on the mobile phone.

Users’ identifiers in the traditional world, such as mobile phone numbers, can be tied to their Decentralized Identifiers (DID). This will allow for better integration and interaction between virtual and real-world information. BSIM cards can also be combined with abstract accounts based on smart contracts, enabling blockchain applications to safely and efficiently use users’ crypto and traditional world information. Connecting DID with cell phone numbers may also alleviate some of the regulatory concerns stemming from the anonymity of the blockchain technology. 

The initial agreement was signed in 2022 between Conflux Network and China Telecom and this prototype is the culmination of a strategic year-long engagement with the goal to build hardware products at the entrance to the world’s metaverse.

The research and development phase of BSIM card is now complete, and it has successfully connected with Conflux’s main network in the test environment. This prototype has the storage and sending functions of digital assets. Conflux and China Telecom will now focus on enriching the BSIM card’s ecological applications, with emphasis on games, payments and other fields. 

Dr. Ming Wu, CTO of Conflux Network said “The BSIM card significantly improves the user experience and lowers the barriers to entry for Web3 and the Metaverse world for users. It is key to allowing Conflux to take its ecosystem to the next level. Collaborating with such a strong partner like China Telecom and initiating it from Hong Kong will allow us to enter the market in the near future, both in China and globally.”

Dr. Liang Wei, Deputy Director of Big Data and Artificial Intelligence Research Institute, China Academy of Telecommunication Research said “Blockchain-based digital identity lies in the core of future Web3.0, while blockchain-based digital assets are an important catalyst for the Metaverse. The BSIM card is positioned as the entrance infrastructure of the Metaverse, which provides differentiated functions such as telecom hardware security, intelligent digital wallet, as well as DID value-added services. Partnership with Conflux will accelerate the process of connecting Web2.0 and Web3.0 users in this most imaginative space.”

About Conflux Network

Conflux is a permissionless Layer 1 blockchain connecting decentralized economies across borders and protocols. Recently migrated to hybrid PoW/PoS consensus, Conflux provides a fast, secure, and scalable blockchain environment with zero congestion, low fees, and improved network security.

As the only regulatory-compliant public blockchain in China, Conflux provides a unique advantage for projects building and expanding into Asia. In the region, Conflux has collaborated with global brands and government entities on blockchain and metaverse initiatives, including the city of Shanghai, McDonald’s China, and Oreo.

To learn more about Conflux, visit confluxnetwork.org or China Telecom visit http://www.chinatelecom.com.cn/

Dr. Ming Wu, CTO of Conflux Network and Dr. Liang Wei, Deputy Director of Big Data and Artificial Intelligence Research Institute, China Academy of Telecommunication Research are available for interview.

Contact

Melissa
conflux@shift6studios.com


PEGA Pool Announces the Official Launch of Its Eco-friendly Bitcoin Mining Pool

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Swanage, United Kingdom, 14th February, 2023, Chainwire


UK-based PEGA Pool announces the official launch of its eco-friendly Bitcoin mining pool that enables clients to offset their carbon footprint and incentivizes them to use renewable energy. By allowing clients to connect their ASIC miners to its platform and mine together, it provides them with a more consistent and attractive income than mining alone.

PEGA Pool is one of the world’s top 10 largest Bitcoin mining pools, according to BTC.com. With the growing adoption of Bitcoin, the Proof-of-Work mining operations have received a lot of criticism from individuals, corporations, and governments over the industry’s fossil fuel consumption. Countries such as China have banned crypto mining due to its negative environmental impacts. As a result, the industry is witnessing a spike in demand for sustainable mining options.

PEGA Pool’s mission to create a more sustainable industry began with its parent company PEGA Mining Ltd, which uses only renewable energy for its mining operations, demonstrating that large-scale Bitcoin mining with green energy alone is absolutely possible.

David Bungay, CEO of PEGA Pool, said, “I am very excited to announce the official launch of PEGA Pool, our British Eco-Friendly Bitcoin Mining Pool. Our journey began with PEGA Mining which gave us the desire to build PEGA Pool and provide the world with what was missing in our industry. We built PEGA Pool so that we could not only offer our clients a top-performing trustworthy mining pool but also provide them with an incentive to change the industry for the better and follow in our green footsteps.”

PEGA Pool offers an aggressive payout structure with a competitive Full-Pay-Per-Share (FPPS) model that incentivizes miners to switch to renewable energy sources. It is one of the highest paying Bitcoin mining pools for revenue per TH (Terahash). The platform is open to all Bitcoin mining clients, irrespective of what energy source they use.

Clients mining with renewable energy pay 50% lower pool fees. It not only rewards miners making a positive impact on the environment, but also encourages others to use renewable energy.

For those mining with fossil fuel sources, PEGA Pool uses a portion of their pool fees to plant trees in order to partially offset their carbon footprint. It has already planted over 148,000 trees, resulting in a yearly offset of 3,967 tons of CO2. This initiative gives miners the peace of mind that PEGA Pool is planting trees on their behalf to help offset their carbon emissions.

Currently, with the Bitcoin price low and mining difficulty rising, miners are finding it difficult to generate profits. With PEGA Pool, they benefit from the reduced pool fees, which can make a noticeable difference in their profitability. It ensures that miners can stay afloat even during the bear market.

PEGA Pool’s unique Global Pool Infrastructure ensures that it is resilient to outages and equipment issues, including those caused by natural disasters. Established and operating in the UK, the platform offers the world a trustworthy and reliable mining pool that was built by miners themselves.

About PEGA Pool

PEGA Pool is a UK-based, eco-friendly Bitcoin mining pool which enables clients to obtain a more consistent, stable income than they would mining alone whilst offsetting their carbon emissions. The platform is open to all Bitcoin miners, regardless of whether they use renewable or non-renewable energy.

For more information, visit: Website  |  Twitter  |  LinkedIn

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Inaugural Mojo Bowl From Mystic Moose And Magic Eden A Smashing Success

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Boston, USA/MA, 14th February, 2023, Chainwire


The Mojo Bowl is complete as Merit Circle DAO’s “ProfessorLP” emerged victorious in Mojo Melee’s first official tournament, presented by Mystic Moose in partnership with Community Gaming and sponsored by Magic Eden. The competition spanned two weekends with more than 1,000 participants playing in the open and closed qualifiers as thousands of viewers tuned in to watch the finals on Sunday, Feb. 12.

“Our first official tournament was a monumental event for Planet Mojo and our first game Mojo Melee,” said Mike Levine, CEO and founder, Mystic Moose. “Thanks to the incredible teams at Magic Eden,  Community Gaming, Polygon and our other partners, the Mojo Bowl was an incredible success. We look forward to more exciting events and tournaments.” 

With a prize pool of more than $10,000, Professor LP took home $2,000 as the winner and first-ever Mojo Bowl champion.  All participants in the closed qualifier and later round received a Golden Mojo NFT and a whitelist for an upcoming Mint on Magic Eden.

“Planet Mojo is one of those games that really show you the potential of web3 gaming,” said ProfessorLP. “It’s exciting to see how our space keeps growing with these light, fresh games that are really enjoyable, easy to pick up but take a lot to master. I can’t wait to see what’s next!”

The Mojo Bowl was broadcasted on Twitch via Community Gaming as well as from the many popular creators participating. Magic Eden co-sponsored the tournament with and highlights the growing fusion between NFT Marketplaces and Web3 Gaming.

“Magic Eden was thrilled to sponsor and participate in the incredible Mojo Bowl,” said Chris Akhavan, Chief Gaming Officer at Magic Eden. “The competition was intense and brought out the best of web3 gaming. We’re excited for future collaborations with Planet Mojo including their upcoming Launchpad mint.”

“It was an absolute joy to host the first-ever Mojo Melee tournament alongside Mystic Moose,” said Chris Gonsalves, CEO at Community Gaming.  “We’re already planning more events and collaborations for the rapidly-growing Planet Mojo community.”

About Mystic Moose

Mystic Moose is a leading Web3 platform, game studio and publisher, developing Planet Mojo. Created by game industry veterans and backed by leading funds, the studio’s debut title Mojo Melee is an auto battler currently in public playtesting. The title was recently nominated for “Best Esports Game” in the Gam3r Awards from Polkastarter Gaming and Best Strategy Game in the Web3 Gam3r Awards. The Mystic Moose team has over 25 years of game development experience from companies such as LucasArts, Electronic Arts and Activision. For more information visit https://www.planetmojo.io/ 

About Magic Eden
Magic Eden is the leading cross-chain NFT platform driving the next billion users to Web3. Led by former crypto, tech, and hospitality leaders, Magic Eden is building a user-friendly platform powered by market-leading minting and trading solutions. Magic Eden brings dynamic cultural moments onto the blockchain, empowering users across thousands of digital communities to create, discover and collect unique NFTs. For more information, please visit www.magiceden.io.

About Community Gaming
Community Gaming is an all-in-one esports competition platform, building cutting-edge infrastructure to foster the growth of web3 gaming and esports. Through its seamless UX and efficient Ethereum and Solana-based blockchain payment technology, the platform equips players, competition organizers, and game developers with the tools they need to create, facilitate, and participate in esports tournaments. Community Gaming believes in Earnings for Everyone, offering opportunities to monetize their passion for gaming through completing Quests, a daily content engine for earnings and game discovery. Connect with us at CommunityGaming.io, or on TwitterDiscordInstagramFacebook and Twitch

Contact

Account Executive
Colin Regan
Zebra Partners
colin@zebrapartners.net


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