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Sedania Takes Aim Into The Metaverse with ESPL

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Singapore-based Esports Players League (ESPL) recently announced a partnership with Yield Guild Games Southeast Asia (YGG SEA) as part of its vision to amass gamers in the cryptocurrency, non-fungible token (NFT) gaming and Metaverse sphere. The partnership aims to generate up to 300,000 gamers for ESPL and SEDANIA Innovator Berhad (“Sedania” or the “Group”).
Commenting on ESPL’s prospects and how it aligns with the Group’s focus on technology, SEDANIA Founder and Managing Director Datuk Azrin Mohd Noor said, “It is important for us to discover the viability of cutting-edge technologies critical to the Metaverse as we believe it enhances our vision of ESPL as a compelling platform that provides a more exciting gaming experience for players.”
“We’ve been working closely with ESPL to drive sustainable Esports development.
Through our partnership with YGG SEA, we can channel our growth by building the foundations of a sustainable Metaverse with ESPL being at the helm of the community.
SEDANIA ventured into the esports space in 2019 when it founded ESPL through its investment in Esports Pte Ltd, with the Group’s stake currently standing at 36.21%. 
ESPL has organised tournaments for the world’s top game publishers, including Riot Games, Supercell, Tencent, Sky Mavis, and many others. Coming from its roots as a community-driven Esports platform, ESPL is working towards its massive goal of becoming the preferred platform for competitive gaming across all genres in the Metaverse.
On behalf of ESPL, Chief Executive Officer, Daryl Teo mentioned “Technology has definitely brought gaming and the Esports industry to astonishing new heights.
With Web 3.0 on its way, more ESPL development and tournaments can be held in the Metaverse with rewards and prizes distributed immediately upon completion.”

He added, “Moving forward in 2022, ESPL will organise a series of groundbreaking tournaments involving a globalised Metaverse and NFT games such as Axie Infinity by Sky Mavis. We are optimistic that the success of our current tournaments will be a signal from gamers to continue our pursuit of expanding our user base.”
The partnership will allow ESPL to focus on enabling the 3Gs (Game Publishers, Gamers, and Guilds) to build a sustainable ecosystem by launching exciting NFTs and projects surrounding cryptocurrency other than gaming tournaments.
These projects are aligned with the Environmental, Social, and Governance (ESG) goals through:


E: Utilising protocols and cryptocurrency networks that are more environmentally considerate;
S: Leveraging gaming for good, allowing students to offset student debts with P2E rewards and earnings;
G: Providing a safe, trusted platform for brands to engage gamers.
ESPL’s online tournament platform, ESPL.GG, provides a proprietary infrastructure for anyone to run tournaments for any genre of games with a ready-to-go community of 250,000+ gamers to date.

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BitLine

BitLine Enhances Onboarding Experience in Collaboration with Jumio: Simplified KYC for Casino Patrons

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This collaboration emphasizes convenience, security and regulatory compliance

Through the BitLine app, users can seamlessly transact with up to US$10 million in casino chips 24/7

BitLine, a pioneering provider in the integration of digital assets for direct access to casino chips, proudly announces a strategic alliance with Jumio, an industry leader renowned for its comprehensive know-your-customer (KYC) solutions.

This partnership marks a significant milestone as BitLine streamlines its onboarding process for casino patrons, ensuring a seamless and secure journey into the realm of digital asset-based payments for gaming.

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The collaboration between BitLine and Jumio signifies a commitment to delivering unparalleled convenience while upholding the highest standards of security and regulatory compliance. By leveraging Jumio’s advanced technology, BitLine reinforces its dedication to building trust among users and offering a frictionless experience for individuals seeking access to casino chips via digital assets.

Richard Jones, the Chief Executive Officer for BitLine by Ibanera, expressed enthusiasm about the partnership, stating: “Trust and compliance are the cornerstones of every successful casino venture. At BitLine, our vision to innovate this industry through digital assets hinges on maintaining trust and adherence to regulations. Our collaboration with Jumio represents a monumental stride towards achieving this vision, ensuring that casino patrons transact securely and confidently through our platform.”

Echoing this sentiment, Robert E Prigge, the Chief Executive Officer for Jumio, commented: “The evolving landscape of digital assets presents endless possibilities and BitLine’s innovative approach has reshaped the casino industry. By eliminating withdrawal limitations and expanding accessibility, BitLine has ushered in a new era of gaming. We are thrilled to contribute to BitLine’s journey by providing essential elements of security and compliance.”

BitLine by Ibanera grants cryptocurrency owners unprecedented access to up to US$10 million in casino chips, 24/7/365, serving as a conduit for liquidity on the casino floor. Through the intuitive BitLine app, casino enthusiasts worldwide can initiate transactions within minutes, leveraging their digital assets to unlock funds effortlessly.

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Cryptocurrency

Payhound empowers LSports with a seamless solution to receive payments

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Fintech crypto company Payhound has been facilitating leading data provider LSports to accept payments from its clients.
As the premier data provider, LSports offers real-time sports data, providing operators with a competitive edge in the sports betting saturated market. By using Payhound’s solution, LSports can conveniently receive payments from its clients, significantly enhancing operational efficiency.
Established in 2018, Payhound’s mission is to enable businesses to handle cryptocurrencies with the same ease, security, and transparency as dealing with fiat currency. Through crypto, Payhound offers fast and efficient international payments, with security being a fundamental principle in all its operations.
Commenting on the partnership, a spokesperson for LSports stated: “Partnering with Payhound to optimize our payment solutions signifies a significant advancement in our global business strategy. This collaboration enables us to conduct transactions swiftly and securely, further bolstering our position as a premier data provider in the industry.”
Elton Dimech, Managing Director at Payhound, added: “We are delighted to service LSports.Through our platform, clients like LSports can easily receive payments, have such funds instantly converted into fiat, and as a result, greatly improve their operations and availability of funds. We look forward to continuing to be their reliable crypto partner in the future.”
Payhound is licensed by the Malta Financial Services Authority (MFSA) and is a holder of a Class 3 VFA License under the Virtual Financial Assets Act of 2018. The company has recently revealed its achievement of ISO 27001 certification for the second consecutive year.

The post Payhound empowers LSports with a seamless solution to receive payments appeared first on European Gaming Industry News.

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Cryptocurrency

Crypto Casino Lucky Block Partners with MMA Legend Michael Bisping

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Global MMA legend Michael Bisping has signed a sponsorship deal with the fast-growing top-tier crypto casino Lucky Block.

The tie-up between the Mixed Martial Arts and UFC superstar and the premium sportsbook and casino entertainment platform is a win-win for Bisping fans and Lucky Block’s swelling customer base of highly engaged players.

This deal secures opportunities for both parties by leveraging the valuable synergies present in the colliding worlds of sports and online gaming.

Through securing the sponsorship deal with Michael Bisping, Lucky Block is joining the big league of crypto casino industry leaders who understand the business impact of top-level sports sponsorship deals.

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Aligning with the world of competitive sports, Lucky Block is not only endorsing a celebrated athlete but is also tapping into the fervent sports fan base that is growing by leaps and bounds. Together, Lucky Block and Michael Bisping are bridging the gap between traditional sports and the burgeoning world of crypto-based betting.

Damian Jacobs, Lucky Block community and growth manager commenting on the sponsorship deal, said: “We are pleased to announce our sponsorship of UFC icon Michael Bisping. We believe this deal will be a powerful catalyst as we embark on the next leg of our journey to lead crypto gaming’s conquest of the online sports entertainment and betting industry.

“This partnership shows that Lucky Block can mix it up with the other industry leaders. Our sponsorship of Michael Bisping shows we understand the importance of developing and exploiting the brand projection potential at the intersection between the sports domain and the disruptive power of crypto betting.”

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