Blockchain

Two Great Minds of Chipz, the first-of-its-kind privacy-oriented online-betting platform

Published

3 years ago

July 9, 2021

Reading Time: 2 minutes

Designed as the first of its kind blockchain-based betting platform, Chipz is here to revolutionize online betting. The founders’ vision was to allow everybody to be independent bookmakers while also maintaining the traditional betting on predictive outcomes. The Chipz platform is a first-of-its-kind privacy-oriented online-betting platform.

The web-based betting platform will allow people to place bets on various sports events using the ERC-20 CHPZ token. On the other hand, smart contracts will be used to execute payment of the betting fees in a fast and transparent manner. Using APIs, Chipz will scan and report the outcomes of any event and distribute earnings to the winning odds.

Adopters of this decentralized platform will enjoy low fees when creating books. However, there will be a need to pay gas fees and betting amounts which require linking the platform with your non-custodial wallet.

This innovative decentralized gaming system has finally come to fruition thanks to the vision and determination of its founders Josh Thompson and Joshua Garza. To fully appreciate what Chipz will offer to the online gaming industry, a dive into the minds of its founders will give you a better clue.

So let’s learn more about these two great minds behind one of the best decentralized platforms ever designed.

Josh Thompson

After graduating from Olivet High School in 1991, Josh Thompson pursued his interests in marketing. He has enjoyed a successful career in the entrepreneurship space, which started with his founding of the Orbit Marketing company in 2010. Thompson still owns the company to date.

Orbit Marketing deals with energy supply companies ensuring timely reporting, recruiting, and funding to help these companies grow. The master agent also provides upscaling services to credit card processing companies and security systems companies. It is therefore prudent to say that Thompson has always had an interest in innovative technology-driven companies.

Before that, Thompson served as the CEO of Climax Jeans from 2008. He is also the founder of Climax® Comfort, a company that uses high technology innovation to manufacture and supply the best quality mattresses for maximum comfort.

The lifelong entrepreneur did not stop at that, once again stamping his entrepreneurial footprints all over Michigan with his latest venture, Climax Solar. The Climax Solar company is at the frontier of renewable energy solutions that aim to make green energy available and affordable to many.

Josh Thompson taps into his entrepreneurial prowess and business skills in founding the Chipz platform.

Joshua Joab Garza

Joshua Joab Garza is an ardent tech enthusiast with numerous years of experience as an Information Architect and UX designer.

Joab has worked with multiple successful tech businesses, including consultancy at Talos Digital, Treeline Associates, and most recently Joab has founded key successful tech-driven companies, Outerslant Media and Gif.games. The Chipz co-founder is also the creator of Tezotopia, an NFT-based game built on the Tezos blockchain that incorporates elements of DeFi and Real-Time Strategy to enhance the gamification and experience for players..

Garza’s diverse experience in media-related tech innovations that encompass blockchain games makes him a valuable asset to the formation of Chipz as the ultimate gaming platform.

Together, these great minds have pioneered a decentralized gaming platform that will revolutionize the online betting industry for years to come.

The Chipz developers set the token’s initial supply at 50,000,000 CPHZ and expect it to max out at 100,000,000 CHPZ.

Blockchain

JuicyBet Launches Its Innovative GambleFi Platform

Published

6 days ago

May 2, 2024

GamingAmericas.com

juicybet-launches-its-innovative-gamblefi-platform

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.

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.

Blockchain

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

Published

2 weeks ago

April 25, 2024

Wladimir P.

kore-digital-mining-ltd-announces-additional-14-ph/s-bitcoin-mining-capacity

Reading Time: < 1 minute

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.”

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.

Blockchain

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

Published

4 months ago

January 22, 2024

Hunor Pal

after-crossing-100,000-active-users,-hypeloot.com-announces-the-launch-of-its-utility-token-$hplt

Reading Time: 3 minutes

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.

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.

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.

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.