Latest News
PlayChip Digital Currency Exchange Approved
Reading Time: 3 minutes
The PlayChip Foundation Ltd has been registered as a Digital Currency Exchange Services Provider by Australian regulator AUSTRAC.
The PlayChip Foundation has been approved as the first digital currency exchange in Australia with its own native token. Last week the PlayChip Foundation Ltd was registered to provide Digital Currency Exchange services by Australian regulatory body AUSTRAC.
AUSTRAC, the Australian Transaction Reports and Analysis Centre, is Australia’s anti-money laundering and counter-terrorism financing regulator and financial intelligence unit. The registration is pursuant to subsection 76E(2) of the Anti-Money Laundering and Counter-Terrorism Financing Amendment Act 2017 (AML/CTF Act Amendment Act 2017).
The registration signals a huge step forward to the Foundation, which will operate a cryptocurrency exchange called the PlayXchange as part of a global payment solution to its more than one million users.
The development of the exchange is intended to provide a simple and easy ‘all-in-one’ user experience to PlayChip holders and players, who will have the opportunity to link their credit card, bank account, and cryptocurrency wallets into one unified wallet and exchange.
The PlayXchange will allow the instant purchase of, and conversion between, PlayChips and a number of fiat and cryptocurrency pairs. The PlayXchange creates a streamlined process for PlayChip users who can compete, win, and instantly cash out, all via the one interface.
The PlayXchange is also expected to drive massive liquidity to the PlayChip itself. All one million plus users of the Ecosystem passing KYC would immediately rank the exchange in the top 20 global crypto exchanges by user count.
Once ‘one time’ KYC requirements are met, users will have full access to the expanding suite of gaming and betting products within the PlayChip Ecosystem, in addition to the PlayXchange.
PlayChip Foundation Board Member, Daniel Simic, noted the importance of the announcement in order to drive cryptocurrency awareness and adoption.
“Our ability to provide exchange services to our customers is important to our strategy to make the PlayChip, and cryptocurrencies as a whole, more accessible to both our users and the general public,” he said.
“The creation of an all-in-one gaming ecosystem with an inbuilt exchange is a massive step forward for the industry. One of the major challenges for the adoption of cryptocurrencies is the lack of ease of use and access. Many people get frustrated by holding several exchanges accounts, multiple KYC processes, private keys, and the process of transferring crypto from one place to another. The PlayXchange solves this problem.”
The PlayXchange is set for release on December 19, 2018 to coincide with 3rd party exchange listings. A full-featured exchange is anticipated for Q1 2019.
The PlayChip is currently in pre-sale with tokens available at www.playchip.global until October 31, 2018.
About PlayChip:
PlayChip is the Universal Gaming Token for sports betting, gaming, fantasy sports, and eSports, at the centre of an incentivised, blockchain-enabled sports community and gaming ecosystem. The PlayChip Ecosystem currently consists of seven partner platforms with more than a million users across over 70 countries. The PlayChip Ecosystem is designed to be secure, scalable, simple to use, and fun, as well as include features to incorporate provable fairness into PlayChip transactions and the partnered gaming platforms, making it the gaming token of choice around the globe.
For more information, please visit:
https://www.playchip.global/
About PlayUp:
PlayUp Limited is a Universal Gaming Platform offering Daily Fantasy Sports, sports and race betting, fantasy stables, eSports, and casino table games. PlayUp Limited is the creator of the PlayChip and operates PlayUp.com, ClassicBet, Draftstars, Betting.Club, TopBetta, MadBookie and 123Gaming. PlayUp Limited will deliver the world’s first fully-integrated, blockchain enabled global fantasy sports, online sports betting and gaming ecosystem.
As announced on 09 April 2018, PlayUp agreed to merge with Mission NewEnergy Limited (ASX: MBT, OTCMKTS: MNELF), subject to the approval of the ASX and NASDAQ and regulatory approval requirements. Upon the completion of the merger it is anticipated that the company’s securities will seek to re-comply with both ASX and NASDAQ listing rules resulting in the trading of shares on the NASDAQ stock exchange and the ASX.
SOURCE PlayUp Ltd
Source: Latest News on European Gaming Media Network
Latest News
Fast Track welcomes PolarLotto: taking online lotto in Sweden to new heights
Malta, 28th March 2024 – PolarLotto, a leading provider of lotto betting services in Sweden, has just announced a strategic partnership with Fast Track, a leading provider of CRM solutions designed specifically for the iGaming industry. This collaboration aims to propel PolarLotto’s expansion from offline to online offerings, bringing the excitement of the world’s biggest lotteries to Swedish players in a safe and responsible manner.
PolarLotto prides itself on its commitment to transparent and ethical gaming practices, with a focus on player safety and responsible gaming. By teaming up with Fast Track, PolarLotto aims to leverage cutting-edge technology to expand its business model from traditional to online, ensuring a seamless and engaging experience for its customers.
Commenting on the partnership, Benjamin Burstein, CEO of PolarLotto, expressed enthusiasm about the possibilities ahead, stating, “We are excited to embark on this journey of transforming our business with the latest technology and automation tools provided by Fast Track. As we transition to the online space, we are confident that Fast Track’s expertise in custom segmentation, real-time data capabilities, and personalised experiences will enable us to better serve our players and achieve our business objectives.”
Fast Track also expressed confidence in the partnership, highlighting the potential for exceptional results through its Singularity model, which uses AI and machine learning to deliver tailored content to players, at the right time and through the most effective channel. “We are thrilled to partner with PolarLotto and support their online expansion,” said Simon Lidzén, CEO and co-founder of Fast Track. Our tools are designed to empower lean teams to achieve remarkable results, and we look forward to helping PolarLotto maximise their online presence and engagement.”
The post Fast Track welcomes PolarLotto: taking online lotto in Sweden to new heights appeared first on European Gaming Industry News.
Latest News
Red Bull Gaming premieres ‘Memories of CS:GO’ documentary highlighting the game’s early years
As the CS2 PGL Major in Copenhagen is set to kick off, Red Bull Media House will unveil a captivating feature-length documentary, “Memories of CS:GO – The Early Years,” an ode to one of the most influential games ever made.
This film takes viewers on an immersive journey through the origins and evolution of Counter-Strike: Global Offensive (CS:GO), featuring personal accounts and defining moments from several of the most legendary figures of the game.
The 90-minute documentary, narrated by Counter-Strike commentator Henry “HenryG” Greer, chronicles the remarkable trajectory of CS:GO, from its grassroots beginnings to becoming a global esports phenomenon.
Produced by Red Bull Media House, the film captures the essence of the game through the eyes of its most well known players, including Olof “olofmeister” Kajbjer Gustafsson, Patrik “f0rest” Lindberg, Richard “shox” Papillon, Gabriel “FalleN” Toledo, and Jarosław “pashaBiceps” Jarząbkowski, among others.
The documentary’s release is timed to precede the playoff stage of the PGL Major Copenhagen, scheduled for March 26, 2024. It will premiere on Red Bull Gaming’s YouTube channel at 21:00 CEST, offering viewers worldwide an insider’s perspective on the beloved game.
Event Details:
- What: Premiere of “Memories of CS:GO – The Early Years”
- When: March 26th, 2024, at 21:00 CEST
- Where to watch: Red Bull Gaming’s Youtube Channel
- The “CS:GO Memories” documentary can be viewed shareit.redbull.com
The post Red Bull Gaming premieres ‘Memories of CS:GO’ documentary highlighting the game’s early years appeared first on European Gaming Industry News.
Latest News
Ten Square Games ready for a new development opportunities in 2024
2023 ESPI package
The following documents in pdf format are equivalents of the official Consolidated Financial Statement which were reported in ESPI (download in the zip file above)
2023 Consolidated Financial Statement
2023 Management Board Report on Activities
Independent Auditor’s Report on the Audit of Annual Consolidated Financial Statements
Link to the stream
Link to the chat with individual investors
Presentation
Factsheet
Financial data
Transcription of the conference and Q&A session
For complete press release visit tensquaregames.com
The post Ten Square Games ready for a new development opportunities in 2024 appeared first on European Gaming Industry News.
-
Latest News1 month ago
Fairplay Exchange signs as new sponsor of Stephen Hendry’s Cue Tips
-
Latest News3 months ago
SOFTSWISS Helps Operators Safeguard EUR 13m+ in 2023
-
Latest News3 months ago
BetMGM Stars As New Title Sponsor of Premier League Darts
-
Latest News3 months ago
Play’n GO seeks the fortunes of a champion’s past
-
Latest News3 months ago
Advantech to exhibit at ICE 2024
-
Latest News3 months ago
Evoplay introduces first 2024 release with Winter Star
-
Latest News3 months ago
Endorphina announced its participation in the long-awaited ICE LONDON 2024!
-
Latest News3 months ago
BLAST to operate the Fortnite Championship Series (FNCS) and the Rocket League Championship Series (RLCS) in expanded multi-year deal
You must be logged in to post a comment Login