E-Sport: ZeU partners with Kamari Coin to build online gaming platform

E-Sports: ZeU partners with Kamari Coin to build online gaming platform

ZeU Crypto Networks Inc., the Canada-based blockchain development company, has announced its newly-established partnership with the African focused digital currency Kamari Coin (KAM) to build a blockchain-powered online lottery and gaming platform for the African market.

The opportunity

The global Online Lottery Market is estimated to reach revenues of more than $10 billion by 2023, growing at a CAGR of around 8% from 2017 to 2025.

Kamari Limited

Kamari is an innovative mobile payments cryptocurrency aiming to unite one billion people across Africa in the first pan-African digital gaming platform. Kamari was created with the vision of a world in which mobile gaming, lotteries, and payments are united without borders. By integrating existing infrastructure and licensing with one standardised currency, Kamari will instantly offer an improved experience to hundreds of millions of people across Africa.

How it will work

The gaming applications will run within the Kamari ecosystem and be integrated with the Kamari mobile wallet. ZeU will be responsible for the technical construction of the project, building functionality which will allow current Mula users to utilise KAM currency.

MulaMarketplace users will be able to exchange KAM tokens with other marketplace users, which will open them up to the wider Kamari ecosystem. Additionally, Mula’s upcoming peer-to-peer microlending solution will work within Kamari’s ecosystem, which will enable any Mula user to access Kamari’s gaming and lottery ecosystem.

MulaMail is one of ZeU’s latest projects, a fully protected, end-to-end encrypted email and messaging system built on blockchain technology.

‘We believe that this partnership with Kamari opens up unparalleled opportunities for Mula users. First and foremost is the ability to use Kamari Coin within MulaMicrofinance to lend or send money, which speaks to one of ZeU’s core values of democratizing cryptocurrency. The other is the ability to access Kamari’s ecosystem, which includes entry into the next big online gambling market, Africa.’ commented ZeU’s CEO, Frank Dumas.

ZeU has been working with blockchain gaming solutions since establishing a joint venture with St James House plc for online lotteries. St James is a diversified company delivering best-in-class products for Lottery and eCommerce in long-standing relationships with blue-chip clients, including household names and leading charities.

ZeU’s team is well equipped and experienced in developing cutting-edge solutions for this market, under the leadership of CTO Jean-Philippe Beaudet, an expert on technology for gaming and blockchain specialists.

Stefania Barbaglio, PR for ZeU, commented on the deal:This partnership with Kamari represents an invaluable opportunity for ZeU to enter the African market, where many new possibilities are arising. Leapfrogging technologies are opening new opportunities in Africa, empowering people, and businesses. Why is blockchain so crucial for Africa? Because it builds a trusted, transparent and more efficient ecosystem, cutting costs, inefficiencies, and middlemen.’

The online and gaming space in Africa is booming, propelled by increasing mobile phone ownership and digital payment solutions. Africa is the world’s fastest-growing mobile market, with 444 million mobile subscribers. In South Africa, the video game sector had the fastest year-on-year growth rate (16.8%) in 2017 of any of the media and entertainment sectors led by the rise of mobile gaming via smartphones. Nearly 300 million new subscribers are expected to access the mobile internet in the next seven years.

ZeU eyes eSports opportunity

Along with online lotteries, ZeU plans to expand its operations to develop blockchain solutions for the eSports market: the world of competitive, organised video gaming. The gamers have impressive followings, and millions of fans around the world watch their competitions. The popular League of Legends tournament in 2017 generated $5.5 million in ticket sales.

‘By positioning ourselves at the very advent of eSports betting, we are capitalizing on its increasing popularity. The core audiences of the eSports market and the gambling market converge to create an enthusiastic audience for eSports gambling. The anonymized data will allow us to tweak the gambling experience and will create the opportunity for traditional betting establishments to refine their odds.’ commented Jean-Philippe Beaudet, CTO of ZeU.

There are even streaming services, such as Twitch, where viewers can watch gamers play in real-time. In 2018, around 395 million people worldwide watched eSports, with most viewers being from North America, China, and South Korea. The global eSports audience will grow to 453.8 million worldwide in 2019, a year-on-year growth of +15.0%.

2019 has indeed marked a major milestone for the global eSports market, says a report by Newzoo. This year, for the first time, the market exceeded the billion-dollar revenue mark. According to their studies, revenues will reach an impressive $1.1 billion in 2019, a year-on-year growth of +26.7%.

Extracted From Newzoo

‘ESports’ impressive audience and viewership growth is a direct result of an engaging viewership experience untethered to traditional media,’ said Newzoo CEO Peter Warman. Most of the industry’s revenue comes from media rights, advertising, and sponsorships.

With the wider adoption of mobile phones in emerging markets and the advent of 5G, both the online gaming and eSports markets are expected to grow. Regions with a prevalent young population, such as India, where the average age is 29, look particularly promising for gaming services.

Join our Telegram to send questions or follow us on Twitter and DM us there. Follow @cassiopeia_ltd and @ZeUCrypto for updates.

E-Sport: ZeU partners with Kamari Coin to build online gaming platform

E-Sports: ZeU partners with Kamari Coin to build online gaming platform

ZeU Crypto Networks Inc., the Canada-based blockchain development company, has announced its newly-established partnership with the African focused digital currency Kamari Coin (KAM) to build a blockchain-powered online lottery and gaming platform for the African market.

The opportunity

The global Online Lottery Market is estimated to reach revenues of more than $10 billion by 2023, growing at a CAGR of around 8% from 2017 to 2025.

Kamari Limited

Kamari is an innovative mobile payments cryptocurrency aiming to unite one billion people across Africa in the first pan-African digital gaming platform. Kamari was created with the vision of a world in which mobile gaming, lotteries, and payments are united without borders. By integrating existing infrastructure and licensing with one standardised currency, Kamari will instantly offer an improved experience to hundreds of millions of people across Africa.

How it will work

The gaming applications will run within the Kamari ecosystem and be integrated with the Kamari mobile wallet. ZeU will be responsible for the technical construction of the project, building functionality which will allow current Mula users to utilise KAM currency.

MulaMarketplace users will be able to exchange KAM tokens with other marketplace users, which will open them up to the wider Kamari ecosystem. Additionally, Mula’s upcoming peer-to-peer microlending solution will work within Kamari’s ecosystem, which will enable any Mula user to access Kamari’s gaming and lottery ecosystem.

MulaMail is one of ZeU’s latest projects, a fully protected, end-to-end encrypted email and messaging system built on blockchain technology.

‘We believe that this partnership with Kamari opens up unparalleled opportunities for Mula users. First and foremost is the ability to use Kamari Coin within MulaMicrofinance to lend or send money, which speaks to one of ZeU’s core values of democratizing cryptocurrency. The other is the ability to access Kamari’s ecosystem, which includes entry into the next big online gambling market, Africa.’ commented ZeU’s CEO, Frank Dumas.

ZeU has been working with blockchain gaming solutions since establishing a joint venture with St James House plc for online lotteries. St James is a diversified company delivering best-in-class products for Lottery and eCommerce in long-standing relationships with blue-chip clients, including household names and leading charities.

ZeU’s team is well equipped and experienced in developing cutting-edge solutions for this market, under the leadership of CTO Jean-Philippe Beaudet, an expert on technology for gaming and blockchain specialists.

Stefania Barbaglio, PR for ZeU, commented on the deal:This partnership with Kamari represents an invaluable opportunity for ZeU to enter the African market, where many new possibilities are arising. Leapfrogging technologies are opening new opportunities in Africa, empowering people, and businesses. Why is blockchain so crucial for Africa? Because it builds a trusted, transparent and more efficient ecosystem, cutting costs, inefficiencies, and middlemen.’

The online and gaming space in Africa is booming, propelled by increasing mobile phone ownership and digital payment solutions. Africa is the world’s fastest-growing mobile market, with 444 million mobile subscribers. In South Africa, the video game sector had the fastest year-on-year growth rate (16.8%) in 2017 of any of the media and entertainment sectors led by the rise of mobile gaming via smartphones. Nearly 300 million new subscribers are expected to access the mobile internet in the next seven years.

ZeU eyes eSports opportunity

Along with online lotteries, ZeU plans to expand its operations to develop blockchain solutions for the eSports market: the world of competitive, organised video gaming. The gamers have impressive followings, and millions of fans around the world watch their competitions. The popular League of Legends tournament in 2017 generated $5.5 million in ticket sales.

‘By positioning ourselves at the very advent of eSports betting, we are capitalizing on its increasing popularity. The core audiences of the eSports market and the gambling market converge to create an enthusiastic audience for eSports gambling. The anonymized data will allow us to tweak the gambling experience and will create the opportunity for traditional betting establishments to refine their odds.’ commented Jean-Philippe Beaudet, CTO of ZeU.

There are even streaming services, such as Twitch, where viewers can watch gamers play in real-time. In 2018, around 395 million people worldwide watched eSports, with most viewers being from North America, China, and South Korea. The global eSports audience will grow to 453.8 million worldwide in 2019, a year-on-year growth of +15.0%.

2019 has indeed marked a major milestone for the global eSports market, says a report by Newzoo. This year, for the first time, the market exceeded the billion-dollar revenue mark. According to their studies, revenues will reach an impressive $1.1 billion in 2019, a year-on-year growth of +26.7%.

Extracted From Newzoo

‘ESports’ impressive audience and viewership growth is a direct result of an engaging viewership experience untethered to traditional media,’ said Newzoo CEO Peter Warman. Most of the industry’s revenue comes from media rights, advertising, and sponsorships.

With the wider adoption of mobile phones in emerging markets and the advent of 5G, both the online gaming and eSports markets are expected to grow. Regions with a prevalent young population, such as India, where the average age is 29, look particularly promising for gaming services.

Join our Telegram to send questions or follow us on Twitter and DM us there. Follow @cassiopeia_ltd and @ZeUCrypto for updates.

CARDANO BLOCKCHAIN EVOLUTION

Cardano enters a new evolution phase with Shelley Testnet. Focus on decentralisation, power efficiency, community engagement and much more in an exclusive interview with Charles Hoskinson

In the latest episode of FinancialFox, crypto guru Stefania Barbaglio welcomed Charles Hoskinson, co-founder of IOHK and Cardano (ADA), one of the most prominent and most followed innovators in the blockchain/crypto space. In this three-episode series, Charles talks about the much anticipated Shelley test, updates on Cardano’s next phases and plans, more socially relevant partner projects, and the crucial element of community engagement.

Cardano was developed to be more than a cryptocurrency: a smart contract platform which seeks to deliver more advanced features than any previous protocol. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. It also ranks within the top 15 cryptocurrencies by market capitalisation.

Input-Output Hong Kong (IOHK) is the brains behind the Cardano blockchain. The team comprises scientists and engineers committed to developing decentralised open-source technologies that can cause cascading disruption.

These are exciting times for Cardano enthusiasts as the team gears up to complete the Shelley testnet. According to Hoskinson, after Shelley and planned updates, Cardano will be a true ‘third-generation cryptocurrency’ whose mission is to unlock a new era of development, powered by technology and decentralisation.

Shelley will see the introduction of a delegation and incentives scheme: a reward system to drive stake pools and community adoption. By the end of the Shelley era, Cardano should be 50–100 times more decentralised than any other extensive blockchain network. The Shelley era represents the natural maturation of the network, through which it emerges more useful, rewarding, and valuable for users. Shelley will set the stage for a fully distributed system.

From https://cardanoroadmap.com/en/

This past weekend, IOHK announced the successful set-up of the Shelley-incentivised test network via Twitter, allowing for the creation of stake pools. For those wishing to participate, IOHK has released a series of tutorial videos exploring the different stages of building up a functioning stake pool in the testnet. With the new incentivised network now up and running, pool operators are set up and ready for the Rewards wallet launch next week.

While other cryptocurrencies like Bitcoin are criticised for their high energy consumption, Shelly and Proof-of-Stake will enable Cardano to improve scalability and energy efficiency, bringing significant value and advantages without compromising on security or decentralisation. The entire Cardano network runs at a fraction of the power cost of equivalent proof-of-work blockchains, using the electricity equivalent of a single house, rather than that of a small country.

Hoskinson talks about the future of digital payments and AdaPay, a solution developed by the Cardano Foundation and COTI launched in November which allows merchants to accept ADA payments with a near-instant settlement into 35 fiat currencies.

Despite its advanced technology and expert team, Cardano has been struggling to break into the mainstream crypto industry and compete in the major league, which has disappointed some members of the community. Charles talks about the challenges inherent in crypto success and the importance of having a project with a solid mission behind it.

In the second part of the interview, the Cardano founder shares his views about quantum computing and the impacts of this new technology. It is a significant development, but it may take a while before quantum computing forms part of mainstream technology. Nevertheless, Charles believes that innovation is a process, and evolving technologies are a part of this.

Cardano is a social project as much as a financial one. It is not just payments; it’s about applications that can improve how things work in today’s world.

Stefania and Charles also discussed the signficant opportunity within the fashion and luxury sector to improve supply chain management and brand reputation and trust. Cardano has recently partnered with New Balance, the footwear giant, to allow people to establish ownership of the products they buy as an effort to combat counterfeit products. Blockchain also has the power to make the second-hand retail market more transparent and better regulated.

The food industry, land registry, digital identities and digital assets also offer considerable opportunities for implementation of blockchain technology.

Innovative technology developers like Cardano have the ‘once in a lifetime’ opportunity to enter markets in developing economies, where they can introduce their technologies to have a high impact on social and economic structures.

Cardano offers the technology necessary for systematic change. With the multitude of applications that blockchain offers, a decentralised technology can enable digital payments, smart contracts and food traceability, to name but a few.

In the last segment of the interview, Charles expands on the crucial role played by the community and the importance of engaging with people to raise awareness about Cardano and cryptocurrencies in general.

He also comments on the MMA fight with Chico Crypto. Is it going to happen?

Watch the interview on our channel:

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Good news for India’s crypto scene: Binance acquires WazirX

Binance, one of the world’s biggest cryptocurrency exchanges, has announced its buyout of the exchange WazirX, marking their entry into the Indian market. Binance is a leading cryptocurrency trading platform with more than 100 cryptocurrencies available and is considered to be the largest exchange in terms of volume.

In an interview with crypto guru Stefania Barbaglio for FinancialFox, WazirX CEO Nischal Shetty talked about the deal and how it will impact the crypto world in India. The crypto scene is one of the largest and most exciting areas in terms of potential for growth and mass adoption.

“This is not just good news for WazirX, but also great news for crypto ecosystem in India,” says Nischal about the recent announcement. The CEO believes that Binance is the ideal partner as the two companies share the same mission of widening cryptocurrency access to as many people as possible.

WazirX was the first exchange to create an auto-matching peer-to-peer engine to help traders convert Indian rupees into crypto and vice versa. According to a statement, this is a first-of-its-kind acquisition of an Indian crypto exchange by a global player in the industry.

The buyout statement says that the entry into the Indian market represents a step into allowing cryptocurrencies to be part of developing economies: “The next phase of mass adoption of cryptocurrencies will arise from developing nations around the world. India, with more than a billion people, is primed for massive crypto adoption and this acquisition by Binance gives us the opportunity to not only cater to India but every developing nation where fiat on-ramps have to be built.”

Nischal Shetty was a guest on our show nearly a year ago, when he talked about the difficult relationship between Indian regulators and pro-blockchain businesses. Nischal started the campaign #IndiaWantsCrypto to attract the attention of businesses, regulators and campaigners. Shetty believes that implementing positive regulations and allowing Indian people to integrate the digital currency economy will bring wealth and millions of jobs, creating a big boost for the national economy:

While India has one of the largest unbanked populations in the world, it also has one of the largest numbers of smartphones in the world, and cryptocurrencies act at the heart of this disparity. The country has more than half a billion internet subscribers, making it one of the most important for digital consumers, yet Indian authorities seem reluctant to allow the use of cryptocurrencies in the country.

A ban on cryptocurrencies issued by the Indian Central Bank, RBI, has caused many Indian-based exchanges to move operations to crypto-friendly countries such as Singapore, Hong Kong and Switzerland.

Nevertheless, the Indian government has acknowledged and welcomed the advantages of implementing blockchain technology into systems. It is reported that approximately half of the states in India have integrated blockchain projects into their administrations to optimise various public services.

Other blockchain enthusiasts seem positive about the news of Binance entering the Indian market. In an interview for Cointelegraph, Varun Sethi, the founder of Blockchain Lawyer, said: “The acquisition of WazirX by Binance should be construed as a positive step since this would help assembly the defragmented efforts to approach regulatory authorities for bringing in place regulatory framework. Also global experiences of Binance dealing with other government and their subsequent change in stance towards a pro crypto approach, may well be the trigger that India needs to head in the right direction for such regulations.”

Watch the full interview:

https://youtu.be/C_C62FrOeuk

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The future internet, built on blockchain: Decentralisation, security and privacy

In the latest episode of FinancialFox, Crypto Guru Stefania Barbaglio connects with Jared Tate, founder of DigiByte and author of Blockchain 2035: The Digital DNA of Internet 3.0. Aimed at both professionals and the layperson, the book explores the possibilities of the new blockchain-powered internet age.

The DigiByte founder has long talked about the power of decentralised technologies and “blockchain’s ability to recreate the architecture of the internet.” In this book, co-authored with Andrew Knapp, founder and CEO of VESTi, Jared dives deep into the world of blockchain and its potentiality.

Blockchain is one of the most innovative technologies to have surged in adoption over recent years. The industry has received substantial investment and is rapidly developing its products and services to fit the demands of an ever-more digital world. The applications of blockchain are diverse, ranging from financial services to healthcare to digital identities.

Blockchain 2035 addresses exactly this. “It’s a very dynamic book,” defines Jared Tate, highlighting that his work combines explanations about the technology and its applications, as well as geopolitics and the digital economy. The book is a first of its kind, detailing the pivotal role of blockchain in the future of the internet and digital systems.

Jared discusses the challenges inherent in blockchain development, such as scalability, and how DigiByte has evolved to address vulnerabilities and improve its structure. DigiByte is one of the most secure and decentralised UTXO blockchains available on the market due to its constant updates and enhanced features.

Blockchain has immense industrial and technical value and the industry is highly capable of reinvention and improvement.The purpose of deploying blockchain is to enable faster, more secure user-centric systems.

On the issue of quantum computing, Jared debunks some myths around the subject and explains its potential impact on blockchain services. He questions the feasibility of quantum computers becoming mainstream in the near future, while acknowledging that it is a powerful technology with interesting applications. In terms of the challenge it could pose to blockchain technology: “We already have projects working to quantum-proof their blockchains, like DigiByte. This industry has been on the cutting edge of security innovations and I believe this will continue to happen,” Jared comments.

Discussing the current issues in data management and privacy, Jared believes blockchain has an important role in protecting data as he outlines DigiByte’s work with digiassets, a system built on DigiByte technology that allows for the application of decentralised technologies to digital identity and safe management of digital assets.

“By 2035, our world will have changed substantially, and decentralised blockchains will have been a big part of that. Blockchains will serve for everything we use in our day-to-day lives, from being a source of trust for businesses to working as a check on advanced AIs. New monetary alternatives that blockchain supports will impact governments, large corporations, and banks, especially in an era defined by overwhelming debt and quantitative easing.”

You can order Blockchain 2035 here: https://blockchain2035.com/collections/all

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Watch the interview

https://youtu.be/AcLTiAIAvSE