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Stakester launches NFT initiative giving gamers access to next level bonuses, privileges and royalties

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Stakester, the entertainment app that matches gamers who want to play like-minded opponents for money and prizes, is launching Stakester VIP Cheat Codes, an NFT innovation that is designed to intensify the gaming experience across classic console, PC and mobile games.

Stakester has seen explosive growth since it launched in 2020 (100,000 members across 31 countries), its forthcoming NFT drop is the next iteration of the company’s growth strategy, elevating the idea of an NFT above being simply digital artwork by adding layers of gaming utility to the NFT itself.

“The NFTs embody Stakester’s vision of delivering electrifying gaming experiences through the thrill of competition. NFT holders will help us shape new, undreamt-of entertainment experiences as gaming becomes ever more powerful and immersive,” said Tom Fairey, Founder and CEO of Stakester.

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Gamers that buy a Stakester VIP Cheat Code NFT will unlock big prizes (free subscriptions to streaming services like Spotify, designer headphones and even a Peleton bike), the option to play with and win larger sums of money, earn incremental revenue as the NFT project grows, and also access opportunities to influence the Stakester product roadmap.

Built on the Ethereum Blockchain, two levels of VIP Cheat Codes will be released in the NFT drop, VIP and VIP Legendary:

 

  • VIP Cheat Code acts as a pass for the Stakester app and bundles bonuses and privileges including the ability to compete for prizes up to $1000, access to VIP arenas and chat, exclusive mobile competitions, advanced notification of future NFT drops, and more. At launch there will be 9780 VIP Cheat Code NFTs at a cost of 0.1 ETH.

  • Legendary status Cheat Codes (the top-level pass) includes all of the benefits available in the VIP level plus higher deposit and withdrawal limits, priority access to live events. Legendary status Cheat Code NFTs are more rare. There will be 220 in the first mint with more to follow at a cost of 0.1 ETH.

  • Even more rare Genesis Cheat Code NFTs will also be available at the first drop with only 300 in total being minted at a cost 0.25 ETH.

 

All Genesis and Legendary NFT holders will get a 50% share of royalties from secondary market sales* and the opportunity to participate in the future direction of product updates.

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The NFTs have been designed to look like ‘access all areas’ lanyards, with scraps of notepaper attached to them that display cheat codes from historic PlayStation, Nintendo, Xbox or PC games. The NFTs can also be displayed on the owner’s Stakester profile.

Tom Fairey, continues: “As well as the increase in gaming utility, the NFT drops provide Stakester users with a chance to invest in the future of the company and, for VIP Legendary holders, there’s also an opportunity to benefit from a royalty share from certain competitions and to make a passive income from NFTs, regardless of whether they go up in value or not. Stakester is one of the only platforms to offer this kind of bonus.”

Stakester’s VIP Cheat Code NFTs are also supported via its dedicated channel on Discord where members get to discuss gaming and express opinion on the advances that they would like to see in the Stakester app.

A VIP or VIP Legendary NFT will cost 0.1ETH. Gamers can register for your VIP Cheat Code NFT here: www.stakestervip .com

*Genesis and Legendary VIP Cheat Code NFT holders receive a 50% royalty share from the collection of sales from the secondary market as follows: 6% royalties will be taken from each sale, with 3% going to the Genesis and Legendary VIP Cheat Code NFT holders. The funds will be available quarterly and will be distributed via a Stakester crypto app which will be launched later this year.

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Blockchain

JuicyBet Launches Its Innovative GambleFi Platform

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 JuicyBet, a Web3 startup, announced the launch of its GambleFi platform. This platform combines finance technology and gambling via blockchain to create unique opportunities and experiences for users. The company strives to revolutionize the principles of the online betting industry and the interaction between platforms and users in this market.

What is GambleFi?

GambleFi uses blockchain technology to ensure the fairness and transparency of games and betting outcomes and for players to get their share of the platform’s earnings and participate in its governance and day-to-day by holding its tokens.

How JuicyBet works

JuicyBet fully utilizes blockchain technology to establish a new ecosystem that has never been seen in the gambling industry. It is centered around user participation and transparency while providing gambling thrills and quality entertainment.

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All game records on the platform are kept in a public blockchain, while a set of smart contracts automates gaming outcomes and payouts and provides for the platform governance via the DAO model. This reduces fraud risks and operational costs, making JuicyBet a more efficient platform.

However, the platform’s main feature is the unprecedented level of user engagement via the platform’s native tokens.

  • First, the tokens provide access to betting.
  • Second, token holders get their share of the platform’s profit.
  • Third, token holders can vote on key decisions on the platform’s development in JuicyBet DAO.
  • And finally, DAO participants can also perform the role of oracles for bets and earn rewards.

In other words, JuicyBet doesn’t try to be just another gambling platform. It establishes a new ecosystem where users are in control of the platform and bets and are the beneficiaries of the platform.

In addition, JuicyBet offers additional earning opportunities, such as Double Farming and staking for token holders.

JuicyBet has already been noticed by users and investors – the platform’s 3-month turnover has exceeded $1,5 million, according to on-chain data available via Dune, and multiple centralized exchanges and launchpads have listed it.

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Kore Digital Mining Ltd Announces Additional 14 PH/s Bitcoin Mining Capacity

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Kore Digital Mining Ltd, a UK based Bitcoin mining company, announces that effective 1st May 2024, an additional 14 PH/s mining capacity will be added to its existing infrastructure.

This additional capacity will be provided by a major Bitcoin mining corporation and will be operational until 30th June 2024.

Derek Nisbet, Kore’s Founder & CEO, said – “We are pleased to work with a leading Bitcoin Miner in securing a large amount of mining capacity, for a 2 month trial period. We look forward to hopefully extending this period and engaging more with major mining corporations offering Bitcoin hashing opportunities, in the future.”

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This additional 14PH/s Bitcoin mining capacity adds to the existing 2 PH/s currently operational with Kore’s own infrastructure and an additional 4 PH/s is due to be added over the next quarter, totalling 20 PH/s.

The post Kore Digital Mining Ltd Announces Additional 14 PH/s Bitcoin Mining Capacity appeared first on European Gaming Industry News.

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After Crossing 100,000 Active Users, Hypeloot.com Announces The Launch of Its Utility Token $HPLT

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Hypeloot was established in 2022 and has processed over 50 million bets for over 100.000 Users worldwide, being one of the fastest growing Cryptocurrency casinos, releasing new game modes almost every week and a recent surge in growth which is likely to accelerate.

Hypeloot Originals cross 50 million bets mark

With new game mode additions, the number of daily bets and also bets placed per user is increasing by the day. Hypeloot adds some of the most popular Casino games but is also not afraid to add an innovative touch to the platform by developing new games that are gaining a lot of popularity, for example, the Plinko game with a 100.000X multiplier, making it the first-ever Plinko game with this high of a multiplier which is not only something innovative for the Gambling industry but also a great marketing tool as users always try to chase high multipliers.

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Hypeloot .com profit share with $HPLT holders

All $HPLT holders will indirectly profit from the rampant Hypeloot .com growth and its already increasing profitability via daily buyback & burn events. Hypeloot profits will automatically go towards purchasing $HPLT tokens on the open market and burning them right after – on a daily basis!

The Hypeloot $HPLT Token

The $HPLT Presale will start the 1st of February at 15:00 UTC directly on presale.Hypeloot .com, the presale is split into different stages in which the first investors get the cheapest possible price and are also eligible for the Hype NFTs which will be tradable right on token launch. 40% Of the total supply will go towards Presale contributors, rest is split between liquidity, marketing, team, airdrops and more. All Team tokens will be locked and vested on a transparent level.

 

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Fueling The Hypeloot Ecosystem

Hypeloot is one of the only Crypto casinos offering Fiat payment gateways and all major payment providers making it easy for every user. On top of that, Hypeloot also currently offers all major Cryptocurrencies for deposits and withdrawals. All Games are 100% provably fair with an open and transparent guide on how to check each roll, the EOS and Chainlink Blockchain hashes are being used to generate 100% randomness.

 

 

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Hype NFTs

Hype NFTs are the official NFTs of Hypeloot .com ($HPLT), it will initially only be available to presale contributors, on launch, these NFTs can then be traded, bought, sold and used on Hypeloot .com for free bets, staking pools, increased rakeback and much more. These NFTs are strictly limited and will not be minted more than the given supply.

Hypeloot .com Numbers and Outlook

Hypeloot has generated over $1 Million in revenue in 2023, given that regular slot and live casino games will be added soon, it is expected to have a significant surge in the coming weeks as this is anticipated by a lot of current users, this new addition also open the door to a lot of new user acquisition as well as higher profit per user given all the new game modes.

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