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Animoca Brands And WAX platform Collaborate To Accelerate Blockchain Collectible Crypto Trading

Animoca Brands And The WAX Platform Have Collaborated To Accelerate Collectible Crypto Trading And Virtual Items On The Blockchain The Animoca Brands is one of the leading developers of the gamification, artificial intelligence and blockchain technology. They have just announced that it has been able to execute a term sheet that can be used for the collaboration together with an exchange of the current value that is with the Exposition Park Holdings the SEC. The Exposition Park Holdings is the company that has been responsible with overseeing the WAX, which is the Worldwide Asset eXchange, it is the global e-commerce platform that has been used for the exchange and the trade of different virtual items. More On The WAX Platform The WAX platform was created by the founders who are behind the OPSkins, a platform that has been considered to be the largest virtual item that you can find in the market place. A platform that has been able to facilitate over 150 million purchases within the digital asset collectibles. WAX has been able to provide a full suite of tools that are based on the blockchain technology, tools that have been designed in a manner that it is able to allow an individual to trade different digital items all done securely and instantly. WAX was launched back in July 2018, and since then it has been able to be the largest blockchain when looking at the transaction volumes, this is having more than 5 million trades taking place peer to peer of different digital collectibles every single day. More On The Collaboration Animoca Brands has gone ahead to collaborate with WAX so that they are able to drive mass market adoption on the different collectibles in the market that have been based on the blockchain technology. With the help of WAX’s million transactions that take place in a given day, it will aid the company in expanding the reach of the subsidiary Pixowl’s which is The Sandbox to get into the gamer community. Additionally, the collaboration will be able to help increase the utility of both the platforms for these companies. The Sandbox has been designed as a decentralized community where the different creators and the developers on the platform will be able to monetize the voxel assets together with the gaming experiences taking place in the blockchain technology. The platform was developed by Pixowl, which is a game studio that was recently acquired by the Animoca Brands, at the moment The Sandbox is a very successful mobile franchise that has been able to acquire 40-million installs, they have 1.2 million active players each month and about 70 million worlds that have been successfully created. In later 2019 is when the company will be launching the Mac, PC, and mobile blockchain version. The Animoca Brands platform will allow the generation of NFTs, which is the player made non-fungible tokens, that can easily be generated on The Sandboxblockchain which can easily get bought and sold while on the Marketplace created by WAX. Moreover, the company will ensure to prove some additional visibility together with liquidity to the creators on the platform. There Is A Mutual Exchange Of Value On The Platform With the agreement that they have in place, Animoca Brands and WAX will initiate a mutual agreement value that is totalling to about $250,000. In this agreement, Animoca Brands will be exchanging some of the common shares within their stocks that are equivalent in value to the WAX tokens. With the swapped tokens and shares, it will be subject to a 24-month escrow period. With this collaboration in place, it will be able to expand the Animoca Brands network and be able to boost various opportunities of synergy. At the same time, the WAX platform will also be able to ensure that all their players on the platform will be able to enjoy a positive experience when trading.
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Atari, Animoca Brands Partner To Make Blockchain Versions Of Two Popular Games

Video game developer Atari has entered into a license agreement with blockchain startup Animoca Brands to produce and publish blockchain versions of two popular Atari mobile games. Founded in 1972 by Nolan Bushnell and Ted Dabney, Atari was a pioneer in arcade games, home video game consoles, and home computers. The company’s products, such as Pong and the Atari 2600, helped define the electronic entertainment industry from the 1970s to the mid-1980s. The best-selling video game of all-time on the Atari 2600 console is Pac-Man, a port of the arcade game of the same name programmed by Tod Frye. Animoca Brands leverages gamification, blockchain, and artificial intelligence (AI) technologies to develop and publish a broad portfolio of mobile products, including games such as The Sandbox, Crazy Kings, and Crazy Defense Heroes, as well as products based on popular intellectual properties such as Garfield, Thomas & Friends, Ever After High and Doraemon. It is also the exclusive China distributor of CryptoKitties, a blockchain-based video game developed by Axiom Zen. The license agreement between the two companies will Animoca to create blockchain versions of popular Atari mobile game titles Roller Coaster Tycoon Touch and Goon Squad globally, excluding China, Hong Kong, Taiwan and Macau. For the rights, Animoca will pay Atari “a minimum guarantee against future revenues of $250,000, payable in shares of the company’s stock.” Roller Coaster Tycoon Touch allows players to create, customize and rule their theme park kingdom. Atari claims that the game has over 19 million downloads globally, and has reportedly seen a boost from new features that include a “Water Park” expansion, as well as a partnership with “Foodgod” Jonathan Cheban. Goon Squad is a tactical strategy game where players face off in real-time clashes. Players can plot a path from lowly goon to all-powerful Godfather in the free-to-play title, collecting cards to rise through the ranks and build the ultimate criminal empire. Based on the agreement, the blockchain version of the games will feature the integration of non-fungible tokens (NFTs). Animoca Brands expects to publish the games in the latter half of 2019. “This deal marks a special moment for me because I started my career working with Atari and using Atari computers,” said Yat Siu, the co-founder and chairman of Animoca Brands. “The RollerCoaster Tycoon franchise is, like many of Atari’s properties, a true evergreen, having been around for two decades. Given the strategic and commercial elements of this incredibly fun simulation, it is a perfect candidate for blockchain adaptation.” “We are proud and delighted to enter into this long-term and strategic relationship with Animoca Brands, which also allows us to become a shareholder in one of the most exciting innovators in the world of decentralized gaming,” said Frédéric Chesnais, the main shareholder and CEO of Atari. “We hope that this agreement paves the way to to further cooperation on other Atari products.”
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Atari and Animoca Brands Team Up to Bring Classic Games to the Blockchain

Blockchain technology has found a convenient use case in games, and it looks like Atari Inc. has recognized the opportunity. A recent announcement shows that the famous game maker has established a license agreement with Animoca Brands Limited, allowing them to create the class mobile games in a blockchain variation. Some of the specific games brought to the discussion have been Roller Coaster Tycoon Touch and Goon Squad. Presently, this opportunity will be available in most territories, though Hong Kong, China, Taiwan, and Macau are excluded at the moment. The agreement will take the two companies until the Spring of 2022, requiring that Atari receives a minimum of $250,000 against the revenue that Animoca Brands will ultimately make as a result. However, this allotment can realistically be paid out in stocks as well, providing for the license to publish the games. There will also be a portion of the revenue awarded to Atari if the blockchain versions exceed half a million dollars in profit. This is a major step for game development involving blockchain technology, especially with some of the most famous game titles in the whole world. Roller Coaster Tycoon Touch alone has elicited close to 20 million downloads, which is enhanced by a partnership with Jonathan Cheban, who was popularized as Foodgod as a result of his association with “Keeping Up with the Kardashians.” The two parties also established a memorandum of understanding for a long-term partnership that could bring about other opportunities in product development, gaming, etc. Atari sees this collaboration as a way to recognize the role that blockchain takes on in both gaming and digital entertainment. CEO Frederic Chesnais of Atari added, “We are proud and delighted to enter into this long-term and strategic relationship with Animoca Brands, which also allows us to become a shareholder in one of the most exciting innovators in the world of decentralized gaming. We hope that this agreement paves the way to further cooperation on other Atari products.” Co-founder and chairman of Animoca Brands, Yat Siu, is also excited about the upcoming collaboration with such a legendary name in gaming, leading him to expect benefits to come for both sides. He commented: “This deal marks a special moment for me because I started my career working with Atari and using Atari computers. The Roller Coaster Tycoon franchise is, like many of Atari’s properties, a true evergreen, having been around for two decades. Given the strategic and commercial elements of this incredibly fun simulation, it is a perfect candidate for blockchain adaptation.”
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Mobile Game Developer Animoca Brands Partners With 6 Blockchain Startups

Hong Kong Based Game Developer Animoca Brands Enters into a Partnership with 6 Blockchain Startups A mobile game developer based in Hong Kong, Animoca Brands (AB1), has invested in six blockchain startups namely I-House, Harmony, OST, Musicoin (MUSIC), LikeCoin (LIKE), and Datum (DAT). As per the announcement, the company will conduct mutual investment with each of the startups through share and token swaps amounting to $1 million. It will also price its stock at about $0.07 for the sale. Animoca Brands partnership and mutual investment with six leading blockchain companies.Read the full story here: https://t.co/ZfsWhOzGCc pic.twitter.com/wqXwtu5rRS — animocabrands (@animocabrands) October 15, 2018 Speaking about the partnership, the chairman and co-founder of Animoca Brands, Yat Siu, said that: “The partnerships announced today bring the number of our strategic investments in blockchain to 17, accelerating our capabilities in this space….We continue to seek the best available specialized technology solutions to use in our products and those of our portfolio companies, like Zeroth, and we are therefore thrilled to have signed these deals with Datum, LikeCoin, Musicoin, OST, Harmony, and I-House.” Collaboration to Develop Blockchain-Powered Apps Animoca hopes to collaborate with each of the size companies to develop blockchain-powered apps, as well as implement blockchain technologies in order to increase the adoption rate and value and utility of partner’s digital token. The announcement of these major partnerships comes a little over a week following Animoca’s agreement with Decentraland (MANA) in order to come up with two games for the firm’s Ethereum-powered platform. Earlier on, Animoca also joined hands with OST to build blockchain games by utilizing the OST technology and the OpenST Protocol.
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Ripple’s RippleNet XRP Showcases Real-World Effectiveness: Mercury FX

After partnering up with the firm behind the second largest coin XRP [XRP] Ripple as one of the +200 costumers, Mercury FX announced via their official twitter handle that they transacted their largest payment across RippleNet with a positive conclusion. 1/1 We've made our largest payments across RippleNet using #XRP – 86,633.00 pesos (£3,521.67) from the U.K. to Mexico in seconds. pic.twitter.com/WsHJuZTiOy — Mercury-fx Ltd (@mercury_fx_ltd) January 17, 2019 Using XRP, the firm transferred £3,521.67 or $4,552.41 while they cited that UK based Mustard Foods was able to save £79.17 and 31 hours on the transaction. Mustard Foods could be one of the best examples of the impact of using RippleNet could have as it opened doors to cheaper expenses, quicker orders and faster payments. As covered by John P. Njui on EWN a few days ago, The Ripple company has announced via its website that 13 new financial institutions have joined RippleNet thus propelling the number of total global customers to over 200. RippleNet currently operates in 40 countries across 6 continents. Out of the 13 aforementioned financial institutions, 5 are confirmed as using XRP to source instant liquidity for their cross border payments. The are JNFX, SendFriend, Transpaygo, FTCS and Euro Exim Bank. By the end of this year [2018], major banks will use xRapid as a liquidity tool. By the end of next year [2019], I would certainly hope that we will see…in the order of magnitude…of dozens. But we also need to continue to grow that ecosystem…grow the liquidity. – Brad Garlinghouse The success behind the team from Ripple could be standing by their marketing strategy and future plans of making the financial industry a better place to be. While not displacing traditional banking systems but helping them make payments cheaper and faster, it is finding its way to take spotlight in the crypto-verse. The post Ripple’s RippleNet XRP Showcases Real-World Effectiveness: Mercury FX appeared first on Ethereum World News.
Ethereum World News

BRD Wallet Expands Crypto User Access Across Europe With Coinify Partnership

Coinify, a European-based financial platform that provides a wallet, trading and payment processing solution, has announced that they are integrating BRD Wallet into their platform to deliver BRD wallet access to users across the European region.Specifically, the partnership provides access to virtual currencies, like bitcoin, to 34 countries across the Single Euro Payments Area (SEPA). The SEPA region is a collection of member states in Europe who are part of a payment system that simplifies bank transfers denominated in EUR. The launch is also enabled largely in part by Coinify’s newly rebranded trading solution for wallet partners.Customers will now be able to use BRD Wallet to “purchase bitcoin at cost-efficient rates with SEPA bank transfers” within Coinify’s trading platform. With BRD integration, customers will also retain control over their private keys while using Coinify.Essentially, this provides a large number of users with an efficient and secure way to buy bitcoin and other cryptocurrencies, and then allows them to immediately store it in a manner where they control what happens to their money. Typically, a user will entrust the custody of their private keys to a centralized exchange while they are waiting for trades to be executed and sometimes for much longer than that.Aaron Lasher, co-founder and chief strategy officer at BRD, highlighted the advantages of the integration for security-focused users of the Coinify platform.“We like exchanges and think security will get better in the future, but by using our integrated purchase and trading solutions, you get to keep your funds under your control 99 percent of the time, and only put them at a slightly higher risk for a short period when you make the exchange,” Lasher told Bitcoin Magazine.“Using a non-custodial wallet means that you and you alone control your funds. It’s similar to having physical cash in a (highly secure) safe at home. Only in this case, we provide our customers a digital safe (the BRD wallet) that they can keep in their pocket and carry along. Nobody else in the world has access to your funds but you, and nobody can stop you from sending or receiving funds.”Integrating a wallet that allows users to own their funds and seamlessly make trades on a platform like Coinify could help to push bitcoin adoption forward."The financial industry is ripe for disruption and we see bitcoin and the other virtual currencies as the future of payments,” said Rikke Stær, chief commercial officer at Coinify, told Bitcoin Magazine. “At Coinify, we have experienced first-hand the rising adoption of bitcoin and working with BRD as a user-friendly, decentralized wallet will only encourage the global reach of the currency."“Since launching as the first iOS bitcoin wallet in the App Store over 4 years ago, we’ve grown tremendously in North America,“ Adam Traidman, CEO and co-founder of BRD, said in a statement. “Europe will be strategic in the next phase of BRD’s global growth, and the partnership with Coinify will ensure our success in this crucial endeavour.”In August 2018, Canadian-based Coinberry exchange launched a similar BRD integration, allowing users to quickly and seamlessly buy, deposit and withdraw bitcoin on the Coinberry platform, while keeping control of their keys at all times. This article originally appeared on Bitcoin Magazine.
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Crypto Payments Service BitPay Reports It Saw Over $1 Billion in Transactions in 2018

Crypto Payments Service BitPay Reports It Saw Over $1 Billion in Transactions in 2018 Major cryptocurrency payment service provider BitPay has reported $1 billion in transactions this past year, according to a press release Jan. 16. According to the report, the company also set a new record for itself in terms of transaction fee revenue. […] Cet article Crypto Payments Service BitPay Reports It Saw Over $1 Billion in Transactions in 2018 est apparu en premier sur Bitcoin Central.
Bitcoin Central
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