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SuperFarm Raises $1.1M To Drive Mass Adoption Through NFTs in Gaming
Blockchain platform creates an infrastructure for video game developers to incorporate NFTs
SuperFarm, a protocol that allows anyone to deploy crypto and NFT ‘farms’ with no code required, has announced the closing of their first private fundraising round of $1.1M lead by from Bitcoin.com, Spark Digital Capital, GBV Capital, Solidity Ventures, and Animoca Brands. The company’s mission is to help Non Fungible Tokens (NFTs) usher in billions of users through the gaming industry (which has 2.5 billion active users alone), the entertainment industry as well as decentralized finance (DeFi).
SuperFarm’s first use case is to provide the larger cryptocurrency ecosystem the tools needed to add utility to their tokens through NFT Farming with no technical barriers. NFT Farming is a recent phenomenon spawned out of the DeFi bull run in 2020, and allows for new value to be rewarded to token stakers that is non dilutive. The platform already has generated dramatic hype and anticipation from the industry’s most influential content creators.
Utility in gaming is critical, as the next generation cares as much, in not more, about their digital experiences than they do about their real-life experiences. NFTs offer a way for video games to unlock characters and experiences within video games, giving them true utility.
“Video Games represent the perfect funnel for blockchain to reach their first billion users. Right now there are over 2.5 billion gamers worldwide who are constantly buying in-game digital assets worth over $100 billion that have no value outside of the digital world. These gamers are hyper-connected, technically savvy, and are dedicated to their games. If major games like Call of Duty or Fortnight had NFTs, every kid under 15 would know how to work an Ethereum address like the back of their hand. This is how we get to mass adoption.” Elliot Wainman, CEO of Superfarm.
SuperFarm is giving tokenized ecosystems across the entire crypto space a simple and effective toolkit they can use to elevate the value of their own token, as well as a throughline to mainstream gaming. The goal is to provide utility today for tokens that might not have utility for months, years, or ever, and push the DeFi and NFT narrative forward as the best case for the first wave of mass adoption of blockchain technology.
Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: SuperFarm Raises .1M To Drive Mass Adoption Through NFTs in Gaming
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Imagine Live Partners with King.rs
Imagine Live the live casino provider launches with Serbian brand King.rs
Imagine Live is thrilled to announce its innovative entry into the Serbia market, made possible through a strategic partnership with the operator King.rs.
The collaboration is aimed at delivering King.rs players a premium gaming experience. Two Blackjack and one Roulette table will be equipped with the latest technology, allowing seamless gameplay and interactive features catering to Serbian players’ localised preferences.
Hakob Manukyan, CEO of Imagine Live Armenia, commented: “King.rs is an established brand throughout Serbia focused on delivering exceptional products and gaming experiences by putting the player at the centre of their brand story. Imagine Live is equally committed to providing premium and customised live dealer solutions with bespoke tables and studios for our operator partners to ensure a complete brand experience that players enjoy and return, which drives deeper engagement and revenue opportunities. We look forward to supporting and growing the live dealer experience with King.rs over the coming months.”
Dragan Djordjevic, COO King, said, “Working with Imagine Live has been an absolute thrill. Their unique mix of live performances, tech, and real-time interactivity is a game-changer in entertainment. It’s exactly the kind of creative energy we love at King.rs, where we’re all about reimagining live gaming. This partnership feels like a natural fit—two teams, both passionate about pushing boundaries and creating something fresh. I can’t wait to see what we come up with together and how we’ll keep surprising and exciting players around the world”.
The post Imagine Live Partners with King.rs appeared first on European Gaming Industry News.
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Digitain Announces New Slogan and Vision Ahead of ICE Barcelona
The post Digitain Announces New Slogan and Vision Ahead of ICE Barcelona appeared first on European Gaming Industry News.
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North Star Network acquires Soccernet.ng to strengthen Nigerian presence
North Star Network (NSN) has announced its acquisition of Soccernet.ng, a prominent Nigerian sports media platform, marking a significant expansion into the Nigerian sports scene and underscoring its ambition to solidify its footprint in the African media landscape.
Founded in 2014, Soccernet.ng has become a trusted authority on Nigerian football, providing in-depth daily coverage of local football alongside trending stories from the global soccer world. Known for its quality journalism and passionate team of football enthusiasts, the platform has achieved significant recognition, including the Sport Blog of the Year award at the Nigerian Blog Awards.
A Strategic Move into Africa
The acquisition of Soccernet.ng is part of North Star Network’s strategy to expand its portfolio in Africa. The platform joins NSN’s roster of over 30 respected sports media brands, which includes Afrik-Foot, Top Mercato, Football Whispers, Sportsmole, and Vringe.
Julien Josset, Co-founder of North Star Network, expressed enthusiasm about the acquisition:
“We’re excited to welcome Soccernet.ng into the North Star Network family. Their passion for Nigerian football and commitment to quality journalism align perfectly with our global vision of bringing fans closer to the game they love.”
Preserving Soccernet.ng’s Legacy
Soccernet.ng will retain its original team of dedicated journalists, ensuring the platform’s authenticity and unique voice remain intact. The website currently engages readers not only in Nigeria but also across over 150 countries, including the UK, USA, Canada, and Spain.
Biyi Akangbe, Founder of Soccernet.ng, reflected on the platform’s journey:
“We started as a small website 10 years ago with a passion to deliver news about Nigerian footballers to readers. We’ve since grown into a globally recognized source for Nigerian football news. This acquisition by North Star marks an exciting new chapter for our brand.”
Co-founder Lolade Adewuyi will continue to contribute to the site as a columnist, maintaining the brand’s strong connection with its loyal readership.
Expanding Global Reach
The acquisition of Soccernet.ng reinforces North Star Network’s dedication to amplifying local voices in key regions while offering unparalleled sports coverage. With its innovative strategies and growing portfolio, the group is poised to drive sustainable growth across its media brands.
North Star Network is a leading global sports media group, operating in over thirty countries and committed to delivering world-class sports content to fans worldwide.
This acquisition sets the stage for a new era in Nigerian sports journalism and highlights North Star Network’s continued efforts to connect fans to the heart of the game.
The post North Star Network acquires Soccernet.ng to strengthen Nigerian presence appeared first on European Gaming Industry News.
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