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Exeedme’s NFT/DeFi Platform Not Playing Games

Exeedme has been making a lot of noise since the final week of 2020, with no signs of slowing down. After securing Moonrock Capital as a strategic partner on December 17th, Exeedme secured five more strategic partners just four days later. The following day, the team announced that legendary CS GO (Counter-Strike: Global Offensive) gamer […]

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Exeedme has been making a lot of noise since the final week of 2020, with no signs of slowing down. After securing Moonrock Capital as a strategic partner on December 17th, Exeedme secured five more strategic partners just four days later.

The following day, the team announced that legendary CS GO (Counter-Strike: Global Offensive) gamer Fox would be the latest roster addition as an Ambassador. The very next day, on December 23rd, the closed private-sale round generated over $25,000,000 in interest. On the 24th, the team released the third installment of the roadmap.

Exeedme is certainly exceeding in every facet imaginable to fortify its talent and execute on brand awareness. In case you were busy over the holidays, let’s briefly recap what Exeedme has been up to since the private-sale round.


Exeedme’s Impressive Token Sale on Polkastarter/Uniswap – 12/30/20

To say that the $XED Token sale on Polkastarter was a massive success would be quite the understatement. Although Polkastarter is a newcomer to the crypto-space, there’s no denying the raw potential of the next-gen speed, scalability, and name recognition Polkastarter can offer. These characteristics result in what looks to be some of the most-anticipated IDOs (Initial Token Offerings). 

When combined with the potential of a gamer-centric platform powered by DeFi, NFTs, and the Polkadot network, it’s not surprising to discover that on the very first day the $XED token was listed on Uniswap, over $18,000,000 in trading volume was reached – in less than six hours. 

With over 5,000 current token-holders of $XED, the sheer interest and enthusiasm for the tournament gaming platform have made the Exeedme team even more committed to delivering its mission to foster a fair gaming environment for players of all skill levels. This mission allows any gamer to get compensated – without a sponsor, regardless of a gamer’s financial situation and resources.

More details on the $XED token sale can be found here.


Exeedme Joins the Blockchain Game Alliance – 1/3/21

Exeedme’s collaboration with the Blockchain Game Alliance (BGA) proves that the team is taking gaming quite seriously. The BGA is a coalition of gaming and blockchain companies committed to advocating and exploring blockchain technology within the gaming industry. With several high-profile in the blockchain/gaming industry, including Enjin (developer of Microsoft’s Azure Heroes, ConsenSys or Web3 Foundation), Polkadot developers, and the likes of mainstream gaming juggernauts like AMD and Ubisoft Exeedme is well-positioned to be on the forefront of this untapped industry.

The Blockchain Game Alliance is an organization committed to promoting blockchain within the game industry by focusing on two critical missions:

  • Raising awareness about how blockchain can transform games and improve or disrupt existing business sectors.
  • Accelerating adoption by overcoming existing barriers through innovation and catalyzing efforts to create actionable industry standards and best practices.

You can find more details on Exeedme joining the BGA here.


Exeedme Announces DIA Partnership – 1/6/21

With the recent news of the Exeedme/DIA partnership announced, both projects’ token-holders will be ecstatic to hear that the teams from DIA (Decentralized Information Asset) and Exeedme will work synergistically to collaborate on research, development, and innovation regarding custom gaming oracles. The oracles allow all games to feed trust-worthy data into the Exeedme platform.

The DIA team has plans to explore a dedicated gaming community within Exeedme for $DIA token-holders and stakers.

“We are super excited to partner with DIA. By using their capabilities in terms of sourcing, supplying, and transparently sharing trustworthy data we will be ensuring a reliable betting settlements system and empower DeFi innovations that can empower gamers’ returns. Just like having a level playing field for gamers is crucial to building trust; having a reliable source of data is crucial for decentralized finance and will empower Exeedme to ensure reliable Gaming DeFi features.”

Nuno Fernandes, CEO/Co-Founder at Exeedme

You can find more details on the XED/DIA partnership here.


Exeedme’s Beta-Testers’ Competition – 1/7/21

The Exeedme team will select sixteen gamers from the community to join and play against four mystery ESports players in the first Exeedme Tournament.

All gamers that qualify will get to feel the excitement of being one of the first to play on the platform – not to mention; the winners will also win the first-ever minted Exeedme Platform and game mining $XED NFTs! There are five challenges to choose from, and you may participate in all of them if you choose to.

Registering for the beta test can give you the exclusive opportunity to be the first gamers to try the platform, earn XED, and the first-ever minted Exeedme NFTs (that could appreciate a lot in value going forward).

Due to timezone difficulties, Exeedme will permit only gamers in Europe to participate in this beta-test. However, the team will be extending this test to other geographies in the future.

ALL CHEATERS WILL BE AUTOMATICALLY DISQUALIFIED.

You can find more details on Exeedme’s beta-testers here; the registration form can be found here.


Exeedme Announces Matic Partnership – 1/11/21

By exploring Matic’s Layer-2 platform, Exeedme Beta will benefit from the scalability power that gives our Progression Rewards in NFTs a more seamless transactional experience. With the removal of networking clogging and lag we believe this could attract a much wider audience of gamers and NFT enthusiasts — this is real-time NFT gamification.

“We are excited to collaborate with Exeedme to integrate Matic into their impressive blockchain gaming platform. The NFT Ecosystem and Infrastructure on Matic will help awesome NFT Dapps and Platforms like Exeedme scale for the next million users.

Sandeep Nailwal, COO at Matic

You can find more details on the XED/Matic partnership here.


Conclusion

With the current digital assets and digital gaming trajectory, it only seems natural that these two juggernaut industries would eventually clash to create an exciting and revolutionary platform that targets a massive demographic – regardless of sex, age, or ethnicity. The need for a platform that caters to such a large percentage of the masses combined with arguably the two most exciting and promising industries in the coming decades undoubtedly solidifies the market-fit and use-cases.

It’s common knowledge to experienced participants in the crypto-sphere that DeFi is serious business. However, Exeedme is on the verge of proving a valid point; blockchain technology can be more than just lucrative – the DeFi/gamer-focused Exeedme platform is indeed a game-changer.

With Crypto Betting scheduled for Q1 and XED Tournaments slated for Q2 later this year, Exeedme is looking like a trailblazer for the blockchain/gaming industry for years to come.

Exeedme is a blockchain/NFT-powered gaming tournament platform that monetizes gamers’ skills while leveling the playing field for all participants. Built on the Polkadot network, players can challenge friends or play against players of similar skill levels for stakes. By staking $XED tokens, players unlock NFT rewards, which grow in exclusivity and rarity as they develop their ranking positions.


Important Links

Exeedme – Telegram

Exeedme – Twitter


Don Cheng
The Daily Chain

*Disclaimer – This content is made possible with the support of Exeedme. The above article does not represent financial, investment, or trading advice, and we do not recommend the purchase of any cryptocurrency or product without consulting a financial aid. The Daily Chain strongly encourages you to do your own research before making any investment decisions.

Source: https://thedailychain.com/exeedmes-nft-defi-platform-not-playing-games/

Blockchain

Ledger Live Adds Self-Custody Staking for Polkadot (DOT)

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The popular hardware wallet provider, Ledger, will add Polkadot to its wide variety of supported tokens as of March 4th. Additionally, Ledger will also enable users to stake DOT coins directly on the platform, thus increasing the total number of staking options to five.

Ledger Adds Polkadot and DOT Staking

Founded in 2014, Ledger is a digital asset wallet provider describing itself as the “global leader in security and infrastructure solutions for safeguarding critical” cryptocurrencies. In a press release shared with CryptoPotato, the company announced plans to add another blockchain project with its own cryptocurrency to the Ledger ecosystem – Polkadot (DOT).

The statement reads that the wallet provider will support Polkadot in its software application and will add it to Ledger Live – the mobile application working in parallel to the Ledger hardware wallet. Apart from storing crypto assets, Ledger Live also enables users to follow and manage the holdings even if the wallet is nowhere nearby.

Polkadot’s native digital asset – DOT – will become just the fifth coin that Ledger Live users can deploy for staking. According to the announcement, the mobile application “offers the most secure way to manage and stake DOT tokens as the private keys are stored on a dedicated hardware device that is not connected to the Internet.”

The installing process will be simplified as users need to install a designated Polkadot app on their respective devices, create a DOT account on Ledger Live, add the token to the bounded balance, nominate a validator, and confirm the information.

“Polkadot is one of the most promising projects in the entire crypto ecosystem, and we are happy to provide our users with additional options to earn rewards and participate in the expanding Polkadot ecosystem.” – commented Head of Coin Integration at Ledger – Fabrice Dautriat.

Ledger spokesperson told CryptoPotato that the integration will be fully live starting from March 4th, 2021.

DOT Price and Staking Stats

DOT has been among the best price performers as of late. The asset entered the new year at about $8 but has taken full advantage of the bullish developments in the following months and even breached $40 for a new all-time high.

Despite retracing slightly during last week’s market crash, DOT is still 350% up YTD as it currently hovers above $36.

Additionally, the token is the second-most utilized coin for staking, per data from stakingrewards.com. With over $24 billion worth locked for staking, DOT trails only to Cardano (ADA) by $4 billion. About 64% of all DOT in circulation has been staked as of writing these lines.

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Source: https://cryptopotato.com/ledger-live-adds-self-custody-staking-for-polkadot-dot/

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Blockchain

Change of Heart: Shark Tank’s Kevin O’Leary Joins the Bitcoin Club With a 3% Allocation

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The growing in popularity “I changed my mind on bitcoin” club has another prominent representative. The Canadian businessman and star of Shark Tank, Kevin O’Leary, went from calling BTC garbage to allocating 3% of his portfolio in the asset.

O’Leary Has Bought Bitcoin

Born in Montreal, Canada, O’Leary is a popular businessman, author and is perhaps best known for his role in the reality TV show – Shark Tank. Also referred to as Mr. Wonderful, O’Leary recently announced his entrance into the bitcoin ecosystem.

Apart from allocating 3% of his portfolio in the primary cryptocurrency, the businessman also pledged to invest in BTC miners using clean energy to avoid “blood coins.”

Furthermore, O’Leary said that all companies he had invested in are currently examining the possibility of putting bitcoin on their balance sheets. He attributed this to “changes in the regulatory environment,” but he failed to provide details regarding their precise nature.

Another Change of Heart Moment

Prior to his 3% BTC allocation, O’Leary rarely had anything positive to say about the cryptocurrency. Just the opposite, he was openly bashing it.

Back in 2019 he O’Leary was predominantly negative on this “digital game” called bitcoin, which was “worthless” to him. He went even further by naming it a “useless currency” and “garbage because you can’t get in and out of it in large amounts.”

“Let’s say you want to buy a piece of real estate for $10 million in Switzerland. They want a guarantee that the value comes back to the US currency. You have to somehow hedge the risk of bitcoin. That means it’s not a real currency. That means the receiver is not willing to take the risk of the volatility it has. It’s worthless.”

Fast-forward to February 2021, he was still neglectful of BTC’s potential. O’Leary said he’s not against it and actually respected the asset but dismissed any chances of putting a lot of capital in it.

“No, I don’t want to own something that goes up and down 30% in a day or a week.” – O’Leary noted and added that bitcoin is “not backed by anything. It’s just backed by your faith.”

However, it seems now that this “worthless, not backed by anything digital game” has earned at least 3% of his investment portfolio.

With this change of heart, O’Leary has joined a prominent club with several similar examples. Names such as MicroStrategy’s Michael Saylor, CNBC’s Jim Cramer, and the former Fed Governor – Kevin Warsh.

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Source: https://cryptopotato.com/change-of-heart-shark-tanks-kevin-oleary-joins-the-bitcoin-club-with-a-3-allocation/

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Blockchain

FreeBitco.in purchases 3.75 billion FUN Tokens in a multi-million dollar deal

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Through a series of ventures, FreeBitco.in seeks to promote the mass adoption and utilization of FUN Token in the iGaming and Gaming spaces.

FreeBitco.in, one of the biggest Bitcoin iGaming websites in the world, has acquired the majority of FunFair’s remaining cold storage of FUN tokens, the native cryptocurrency of the FunFair gaming ecosystem. The cold storage holds 4.45 billion FUN Tokens and FreeBitco.in has acquired 3.75 billion tokens.

Through this acquisition, FreeBitco.in plans to invest in the token’s long-term development.

“Since 2013, FreeBitco.in’s goal has always been to provide online gaming enthusiasts with a frictionless, transparent, and truly fair experience,” said a statement by FreeBitco.in. “There’s no better fit than the FUN token to help us significantly enhance our efforts.”

The FUN Token

Since 2017, FunFair Technologies has been striving to deliver a guaranteed fair, decentralized gaming experience to the mass market through blockchain technology utilizing the FUN token.

FunFair team said in a statement: 

Despite several industry firsts and significant milestones in proving that use case, it has recently become apparent that FreeBitco.in has developed a different and superior use case for the FUN token.

This announcement refers to FreeBitco.in’s Premium Membership Program; a feature that incentivizes FreeBitco.in users to buy and hold FUN tokens for significant benefits. This activity has driven considerable volume into the token economy without the burden of significant on-chain transactions. According to the statement: 

There’s no doubt that FreeBitco.in’s customers are currently generating the bulk of FUN token commercial activity rather than FunFair’s customers.

With this in mind and for the token economy to maintain its recent success, FunFair has agreed to sell the majority of their FUN token holdings to FreeBitco.in.

FUN is an ERC20 token listed on major exchanges Binance, BitFinex, HitBTC, Changelly, and OKEx, as well as decentralized exchanges like Uniswap.

FreeBitco.in’s Vision for FUN

FreeBitco.in aspires to grow the FUN token as an independent entity through a series of upcoming projects.

Our sole objective, as of now, is to work to increase FUN’s utility and value,” the FreeBitco.in. team said. “We’re thoroughly committed to its long-term growth.

Accordingly, FreeBitco.in is preparing to undertake the following initiatives:

  • Strategic Burning of Tokens: FreeBitco.in plans to invest a substantial portion of its bottom line into strategically acquiring and burning FUN tokens to elevate their value over time.
  • Improving Liquidity: FreeBitco.in is working on increasing FUN’s liquidity across all markets, thus making it easily accessible and tradeable. This is evidenced by a cumulative influx of $3 million in the FUN/ETH and FUN/USDC trading pairs on Uniswap recently, and other exchanges are set to follow.
  • New Blockchain: Based on the Ethereum blockchain, FUN prided itself on being fast, open, and secure. However, the growth of DeFi on Ethereum has been pushing gas prices up for many months, making the adoption of FUN too expensive for users. FreeBitco.in is actively exploring opportunities to port the FUN Token to a new blockchain that is faster and cheaper.
  • Dedicated Wallet: FreeBitco.in is working on creating a dedicated wallet for FUN users that can operate seamlessly between different iGaming platforms. The wallet would also help users convert their FUN tokens into multiple crypto and fiat currencies.
  • Proactive Development: FreeBitco.in is assembling a development team to build innovative, consumer-facing apps based around the FUN token, thus creating more use cases, strengthening utility, and promoting adoption.
  • Creating Effective Partnerships: FreeBitco.in seeks to build productive partnerships and affiliations with other iGaming entities to promote FUN’s identity as a transactional currency in online gambling.

Note: This is not a partnership between the two organizations, namely FreeBitco.in and FunFair Technologies. The aforementioned acquisition and venture is at the sole discretion of FreeBitco.in.

About FreeBitco.in

Founded in 2013, FreeBitco.in is one of the largest crypto-gaming websites and the seventh-largest online casino in the world (Source: SimilarWeb). FreeBitco.in was created to promote Bitcoin’s utility and facilitate its adoption. However, it has grown by leaps and bounds since then.

Powered by a fully automated, proprietary tech-stack, FreeBitco.in features a simple but powerful HI-LO Dice Game supplemented by contests, rewards, jackpots, and a popular Lamborghini giveaway.

With 41 million users, 52 million monthly visits, and a $600 million-per-annum wagering volume, its influence on the Bitcoin community is significant.

Useful Links

Official FUN Token Website: https://funtoken.io

Official FreeBitco.in Website: https://freebitco.in

Twitter: https://twitter.com/FUNtoken_io

Telegram Channel: https://t.me/officialFUNToken_channel

Telegram Chat: https://t.me/officialFUNToken

Reddit: https://www.reddit.com/user/FUN_token

Discord: https://discord.gg/e7vfgKbEKU

Disclaimer: This article is a paid post and must not be considered as news/advice. 


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Source: https://ambcrypto.com/freebitco-in-purchases-3-75-billion-fun-tokens-in-a-multi-million-dollar-deal

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