Bitgame Emerges as Sports Betting Platform of Choice During Euro 2020

As the whole world watches European football at its finest being played out during Euro 2020, many are looking to get even more involved in the sport. As a form of entertainment, sports betting has evolved in recent years to be more digitally accessible and engaging. Bitgame is a world-class sports betting platform that incorporates a number of years of experience in the field, with innovative practices such as accepting cryptocurrency. Already this year, many Bitgame users are winning big on Euro 2020. To celebrate Euro 2020, Bitgame is organizing…

DeFi Lending Platform Aada Announces Its Token Sale

Aada is helping to promote the proposed reach of the Cardano ecosystem with its version of loans, and other DeFi centric offerings like staking. Decentralized Finance (DeFi) lending, Aada is announcing the sale of its native token, the AADA, scheduled to span between June 15th to July 15th, 2021. Aada is a non-custodial liquidity market protocol ranking as one of the first of its kind on the DeFi focused Cardano blockchain. Per a press release shared with Coinspeaker, the Aada protocol is a fork of the Ethereum-native Aave lending platform…

Motor Team McLaren Racing Partners With Tezos to Build NFT Platform – Blockchain Bitcoin News

On Thursday, McLaren Racing announced the British motor racing team selected Tezos as the organization’s official partner across the Indycar series, Formula One, and esports. Tezo will create a non-fungible token (NFT) platform for McLaren Racing in order to showcase the motorsport group’s world-class drivers and “illustrious racing heritage.” McLaren and Tezos Team up to Construct an NFT Platform The non-fungible token (NFT) economy has exploded and world-renowned automakers and motor racing teams are jumping in on the action. This week the German carmaker Porsche revealed it was launching NFT…

Decentralized Gaming Platform DeFi11 Eyes Expansion After $3.5M Raise – Press release Bitcoin News

press release PRESS RELEASE. DeFi11, a decentralized gaming ecosystem, is introducing major changes to both revamp the platform and make it fairer to users as part of an expansion fuelled by recent funding. 17th June 2021, New Delhi, India – Fantasy sports have gained massive popularity in recent years. The market is expected to grow by 7% by 2024. However, a lack of regulation has allowed companies to exploit users. Many fantasy sports and virtual gaming platforms have been accused of publishing false volumes, creating fake winners, and misusing user…

NBA 76ers joins fan token platform Socios

Socios, the blockchain-based platform responsible for tokenizing many popular sports franchises, has said the Philadelphia 76ers basketball team will be joining its roster. In a Thursday announcement from Socios, the platform said as part of the partnership the 76ers, or the Sixers, will integrate branding from the fan token site across the physical and digital space. Socios will appear on screens in the team’s home venue, the Wells Fargo Center in Philadelphia, as well as on its website and social media. Alexandre Dreyfus, CEO of Socios and blockchain-based sports platform…

Porsche Launches NFT Platform Fanzone for Trading Cards

By diversifying into the digital asset marketplace, Porsche hopes to leverage on the NFT craze and the traditional demand for trading cards to gain engagement-powered income soon. German carmaker Porsche has decided to dabble into the digital assets market. The brand launched Fanzone as an NFT-based trading card platform. Using the platform, users can purchase and sell NFTs. Forward31, a digital partner for non-core markets designed the platform. With Fanzone, users can purchase, sell and even use their soccer trading cards for gaming. The card details traits and characteristics of…

Decentralized Credit Platform Goldfinch Raises $11M to Expand Footprint in DeFi

Goldfinch aims to solve the issue with overcollaterization in the DeFi space while bringing together creditworthy loan providers and borrowers. On Wednesday, June 16, decentralized credit platform Goldfinch announced that it has raised $11 million in a funding round led by Andreessen Horowitz (a16z). The San Francisco-based company said that the capital will help to further improve the offerings in the DeFi space. Goldfinch aims to solve the issue of “overcollateralization” in the existing DeFi market structure. Goldfinch in the DeFi Space This term is popular in DeFi where DeFi…

Porsche Enters NFT Market Launching Trading Card Platform Fanzone – Bitcoin News

Porsche, the German carmaker, is diversifying to digital markets through the launch of Fanzone, an NFT-based trading card market. Fanzone, built by Forward31, a Porsche company builder, seeks to capitalize on classic trading card demand. At the same time, Fanzone tries to combine this classical market with the NFT craze to offer digital products. Porsche Launches NFT-Based Trading Card Platform Fanzone Porsche, the German luxury car brand, is now dabbling in NTF markets. The brand just launched an NFT-based trading card platform called Fanzone, where users will be…

B.Protocol announces v2 platform for DeFi liquidations

Decentralized finance service B.Protocol has announced plans for a new version that will improve the liquidation of undercollateralized loan positions on lending platforms. In a release issued on Tuesday, the backstop liquidity protocol for DeFi lending platforms revealed that the upcoming v2 is based on a white paper for a novel Backstop automated market maker (B.AMM) written by a couple of anonymous community members. According to a blog post published by B.Protocol founder Yaron Velner the v1 design that utilized professional liquidators to share profits with users instead of miners…