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The Crypto Trend No One Is Talking About – Gamedrops™

Agareum, a crypto-based game that operates off the newly developed Gamedrop™ technology has taken the crypto community by storm over the past six months. This project is the epitome of innovation meeting passion, where a group of developers and technology strategists from the global consultancy group, Coinfabric recognised an opportunity within the unserviced crypto niche of airdrop bounties. What was originally developed for the bounty community has now grown to so much more than just servicing one segment.  WHAT IS AGAREUM?  Agareum is a free-to-play casual game that mimics the well-known agar.io game whereby players are represented as cells in […]

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Agareum, a crypto-based game that operates off the newly developed Gamedrop™ technology has taken the crypto community by storm over the past six months. This project is the epitome of innovation meeting passion, where a group of developers and technology strategists from the global consultancy group, Coinfabric recognised an opportunity within the unserviced crypto niche of airdrop bounties. What was originally developed for the bounty community has now grown to so much more than just servicing one segment. 

WHAT IS AGAREUM? 

Agareum is a free-to-play casual game that mimics the well-known agar.io game whereby players are represented as cells in a petri dish. The difference is that Agareum currently offers all the skins and assets free of charge and players can earn tokens for competing in regular  Gamedrops™ that run on the platform. 

WHAT IS A GAMEDROP?

A Gamedrop™ is a gamified version of an airdrop, which allows Tokenized and Crypto focused projects to drop their token, or coin, directly into the platform allowing it to be distributed and collected by players who are battling head-to-head to fill their bags! This creates a competitive and fun edge, where community members can engage with the project and each other.

HOW ARE THEY USING BLOCKCHAIN? 

According to Agareum’s team the game uses Blockchain technology in a relatively simple fashion. In its current form, the technology uses Ethereum smart contracts to manage and distribute the flow of tokens between project’s running Gamedrops on the platform and the gamers who are battling it out to fill their bags. This technology will evolve in the coming months and enable further functions within Agareum, as well as other games by third party game developers.

WHY SHOULD YOU PLAY? 

The traditional token airdrop method has quickly become archaic, leaving a gap that needs to be bridged between projects and the ever-increasing bounty community. Projects often lack the opportunity to truly educate the communities on their token ecosystem, and the value within. 

Agareum is currently hosting Gamedrops™ that are set by an allocated amount of tokens for players to battle for and “fill their bags”. It’s a perpetual play-to-win system that incentivises casual gamers and the bounty community members to earn their share of the tokens that the project wishes to distribute. Due to the range in players from around the globe, it increases distribution in a fair manner and creates a fun, competitive environment to earn AGR or other tokens, charging players zero fees or subscription to participate.

HOW ARE THEY “CHANGING THE GAME?”

Free-to-play gaming models have seen significant traction in recent years and with Agareum’s recent mobile version release, they will increase adoption through additional access to play at almost any point in your day. The need to provide more engaging models for bounty hunters has resulted in the birth of a crypto game suited for people of all ages and preferences. An easy, rewarding, fun, competitive and free crypto game moving the industry one step closer to a world of blockchain gaming. 

To date, Agareum has garnered a community of over 9000 players with a whopping 291,000 games played to date if you include their stringent testing phase. They continue to see daily growth as the new release of the mobile version has offered increased access to play at any time throughout the day. 

Although Agareum is an easy to play game, it requires some practice and skills for the “survival of the fittest” environment they have created. It is the perfect balance of fun, skill and competitiveness to ensure a community remains engaged at all times. 

WHAT’S NEXT? 

Agareum is currently lining up what they refer to as “third party Gamedrops™” over the course of 2020 to allow their community members to fill their bags with multiple tokens, over multiple games around the clock. The strategic move has already encouraged an influx of players to register and improve their skills. The disruptive Gamedrop™ movement is new, but is sure to gain a significant piece of the airdrop market share when projects and businesses weigh up the value and brand equity advantages. 

There’s tons going on in world of Agareum and they show no signs of slowing down development any time soon, with new features in the pipeline for 2020 and beyond. If you’re interested to find out more click here

Source: https://coinbeat.com/the-crypto-trend-no-one-is-talking-about-gamedrops/?utm_source=rss&utm_medium=rss&utm_campaign=the-crypto-trend-no-one-is-talking-about-gamedrops

Blockchain

AMC Entertainment Could Include Dogecoin as a Payment Option

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Following confirmation that AMC would begin accepting Bitcoin, Ethereum, Bitcoin Cash, and Litecoin for online payment, the company’s CEO has asked the Dogecoin community if AMC should add the meme coin among the cryptocurrency options.

Almost 80% Want to Pay for a Movie Ticket With DOGE

Adam Aron, CEO of the world’s largest movie theater chain AMC Entertainment, conducted a poll via Twitter on Tuesday (September 21st, 2021) to check whether the company should accept DOGE payment. The poll, which ends on September 22nd, has garnered a lot of responses, most of them wanting AMC to include the meme crypto.

According to Aron, the Twitter survey came amid calls from members of the Dogecoin online community to add DOGE to the list of crypto options.

“I hear from many on my Twitter feed we should accept Dogecoin too. Do you think AMC should explore accepting Dogecoin?”

Before the latest development, the AMC CEO announced that the movie theater giant will accept Ethereum, Bitcoin Cash, and Litecoin by the end of 2021. This was after Aron previously revealed during an earnings call in August that customers would be able to pay for movie tickets and concessions online with bitcoin, also at the end of the year.

The poll has so far seen 110,000 votes, with 70% responding positively to the idea of DOGE payment, while 8% also agree but say they would not use the meme coin for payment. Meanwhile, 22% of the voters were not in support of the motion.


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Growing Support for Dogecoin Payment

Aron’s survey comes as the cryptocurrency market is experiencing massive price dumps, along with the global financial markets, mostly tied to the Evergrande saga. Bitcoin, which traded at $48k over the weekend, dropped to as low as $40k, with the price of other altcoins also plummeting. However, there has been a slight recovery.

Dogecoin is currently the 10th largest crypto by market capitalization and reached an all-time high (ATH) of over $0.7 back in May. Now, though, it’s down to roughly $0.2.

If AMC Entertainment goes ahead to include the meme token among the list of accepted cryptocurrencies, the movie theater giant would become the latest company to support DOGE payments. Some others who have adopted Dogecoin include American basketball team Dallas Mavericks and Newegg.

Apart from AMC’s Adam Aron, Tesla’s CEO Elon Musk also carried out a similar poll for his followers. Although many of the respondents voted in favor of the electric vehicle manufacturer including DOGE among payment options, the company is yet to make it official.

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Source: https://cryptopotato.com/amc-entertainment-could-include-dogecoin-as-a-payment-option/

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Osprey Funds launches first-ever Polygon fund in the U.S

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The cryptocurrency market is witnessing a huge dump right now, one that was triggered by a sudden meltdown in global financial markets. Even so, many, including quite a few institutional investors, remain confident in the asset class. While the likes of Bitcoin and Ethereum have often stolen the limelight, of late, others have come to the fore. The example of Polygon (MATIC) is a case in point.

Crypto-asset management firm Osprey Funds is in the news today after it introduced its fifth digital asset investment product. According to an official press release,

Osprey Funds, LLC, a premier digital asset management firm, launches its fifth investment product of the year ​​― the Osprey Polygon Trust. It is the first U.S. fund to invest exclusively in MATIC, the native token of the Polygon network.”

The product will offer exposure to MATIC, the native token used on Polygon, an Ethereum Layer-2 blockchain network. According to Osprey CEO Greg King,

“Polygon is a disruptive layer-2 technology that gains from Ethereum’s secure network while mitigating common blockchain pain points, such as high gas fees and slow transactions.”

He added,

“We’re excited to offer investors a new way to tap into the growing Ethereum market via the Osprey Polygon Trust.”

The trust is available to accredited investors with a $10,000 minimum investment. Moreover, Osprey plans to list the fund on the over-the-counter OTCQX exchange “as soon as possible and has also agreed to waive the management fee for all investors until January 2023.”

This development comes just weeks after it launched its Solana Trust. Meanwhile, it also offers products tied to Bitcoin (BTC), Polkadot’s DOT, and Algorand’s ALGO tokens.

Polygon (MATIC) has seen a lot of traction both inside, as well as outside the (crypto) community. For instance, one of the world’s largest consulting firms, Ernst & Young (EY), has now partnered with Polygon to aid its Ethereum scaling.

Moreover, despite the current market being what it is, its on-chain metrics have painted a promising picture.

Its unique addresses (no. of ETH wallets holding MATIC) as well as total wallets held over time, have both seen a parabolic incline over time.

Source: Dune Analytics

The number of unique transactions too has played a positive role behind the coin’s surge since its inception.

It won’t be a surprise to see more firms jumping on this fast-paced bandwagon. For example, Grayscale Investments has also shared its interest in incorporating the said token under its belt.

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Source: https://ambcrypto.com/osprey-funds-launches-first-ever-polygon-fund-in-the-u-s

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ETH Options launches on PowerTrade

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PowerTrade, the most sophisticated crypto options trading platform, announces the addition of ETH options. PowerTrade’s addition of ETH options trading comes just as the asset retests its all-time-high with key resistance levels along the way—likely resulting in market volatility and presenting the ideal time for options trading.  

Given many crypto exchanges are not designed to support the complexity of options trading, the options market has been underserved until now. PowerTrade is specifically designed to support crypto options, enabling professional and retail traders to maximize ROI through an easy-to-use interface that aims to provide better prices at higher volumes with less capital. As the only crypto exchange that offers options priced in USD with SPAN (Standard Portfolio Analysis of Risk) margin, PowerTrade holds great appeal for traders seeking to discover new ways to make greater profits.

The ETH options are portfolio (SPAN) margined with the BTC options market, allowing for complex options strategies.  Also known as Portfolio Margin, SPAN margin takes traders’ entire portfolio risk into account when determining margin requirements, not just the risk of a trader’s individual positions.

This means if a trader has multiple positions that offset each other when the market moves, the required collateral will be much lower than the typical crypto margin exchange. The benefit of SPAN is that after calculating the worst-case daily move for one particular open position, some positions end up in profit, not requiring any margin and enabling unrealized gains to offset margin obligations for losing positions or new positions.

In the maturing crypto market, the integration of SPAN is integral in empowering traders to maximize ROI.

Tom Howard, Business Development & Growth at PowerTrade, expressed, “We’re very pleased to be able to offer ETH options trading to the wider crypto market at such a pivotal time in Ethereum’s development. Because PowerTrade’s platform is easy to use and mobile-first with low minimums and low fees, it truly puts the power of ETH options into the hands of traders.”

PowerTrade is now allowing all users to trade and earn up to $1,888 with PowerRewards.

Here’s how: 

  • Deposit funds up to $1,000 min. and earn $20
  • Trade min. $1,000 worth of crypto options (BTC/ETH) and earn $30
  • Earn additional rewards as you trade higher, up to $1,888
  • Must complete steps above and apply to earn rewards

For more information about PowerRewards, view our blog

To stay up-to-date on our latest news and developments, please join our Telegram channel and follow us on Twitter

About PowerTrade

PowerTrade is an easy-to-use crypto options trading platform, enabling traders to maximize ROI through an intuitive interface that provides better prices and lower margin requirements.

At PowerTrade, it’s easy for anyone to get started trading with as little as $1 USD and continue trading with simple, fast, mobile-first trading for crypto options.

 Disclaimer: This is a paid post and should not be treated as news/advice.

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Source: https://ambcrypto.com/eth-options-launches-on-powertrade

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