Connect with us

Press Release

ArenaSwap: The First BSC Based Platform Making Yield Farming Fun

Published

3 years ago

on

The process of farming yields in the Defi world has for quite some time proven to be among the most lucrative crypto investment options of our day. Many platforms launch every other day, each promising to provide excellent yield farming services, but instead ending up providing services very similar to the commonly known ones today. 

Due to the absence of fun in the Defi world, investors pull out of projects once they realize their targeted profits, and search for other lucrative products. However, what if there was a platform to provide the much-needed profitable activities with mind-blowing fun?

A new innovative, self-sustained and advanced network is launching yield farming services in the crypto world. This platform, ArenaSwap, will bring an entirely new twist to the crypto Defi world, a synchrony of yield farming and fun.

What is ArenaSwap?

ArenaSwap is the first Binance smart-chain-based Dex project to merge interesting NFT, gaming and gambling options with yield farming. This decentralized exchange platform is on a mission to provide interactive storytelling and gamification into the yield farming and gambling world, thus providing an opportunity for its assets to increase in value perpetually. 

This new platform will introduce a vast array of gaming, gambling, NFT, and yield farming options for utter simplicity and reliability. Let’s dig deeper into the platform, how it works, and the services it provides. 

The ArenaSwap network provides a center where investors and users can explore, play, collect and receive rewards for just playing. This platform currently provides services using highly deflationary tokens, NFTs, and gaming options.

Utterly Deflationary Utility Token

The platform has its native token labeled ARENA, which helps provide the platform’s services. This token aims to be digital gold by increasing in value perpetually. 

Moreover, the platform is structuring a decreasing supply model where the number of tokens burnt is higher than the number of tokens released. Therefore, yield farmers will benefit vastly from this network since the tokens will continually rise in value. Among the deflationary policies instituted include; 

  • 3% of amounts collected in betting pools for each battle is burned
  • In every jackpot, 25% will be burned
  • 85% of quantities used in IGO is burned
  • In Pyramid Royale, 15% of pot amount is burned
  • In every Gladiatorial Odyssey, 80% of the entry fee is burnt
  • 85% of sales when purchasing loot boxes is burnt 
  • 75% of the deposit fee will buyback ARENA tokens for burning

NFT’s Generate Token Rewards

This network uses NFTs and Defi tokens to reward users for their participation in gaming, gambling, or NFT creation in the network. For instance, as mentioned earlier, there are two kinds of gladiators, major gladiators and minor gladiators. 

Major Gladiators and NFTs

Major gladiators(prominent or star gladiators) will participate in the big platform arena, containing 3 participants in each round, black, red, and green team gladiators. One person who bet on the winning gladiator will be randomly selected and awarded the victory NFT award. However, as long as a user bet on the winning gladiator, they will enjoy a share of the pool of bet tokens. 90% of the betting tokens will be paid to the winning team bettors based on their bet. 

Remember, for a person to earn the Victory NFT award, they must have participated in the betting pool, been in the winning Gladiators Team. The larger the bet in the pool, the higher the chance of winning the victory NFT. 

The Victory NFT represents a share of ownership in the gladiator, meaning you will be a beneficiary of every win. As the gladiator grows in levels and earns more experience, so does your NFT value. During the resignation of the gladiator, their NFT value may increase, meaning the NFT holder benefits even further. 

In the major NFT section, there will be an Initial gladiator offering conducted. At this IGO, the value of gladiator NFTs will be low since these gladiators are not yet registered in the roster. 

Currently, the roster has 5 gladiators but it’s expanding to reach their target of at least 16 gladiators. The NFT holders of the winning gladiator will share 3% of the pool token in the betting. Each of these gladiators has a full backstory showing their relationship with other gladiators, their mission and combat style. 

Following every IGO, a lucky investor will earn a limited edition IGO NFT, which has a unique serial number. These limited editions are rarer than the normal IGO NFTs, hence their value is higher than standard IGO NFTs. 

Minor Gladiators and NFTs

Minor gladiators are small players in the network who will never reach the major gladiator arena. Minor gladiators are custom NFTs created and owned by the platform users. The minor gladiator NFTs will possess features like uniqueness. 

To get the customizable NFTs, you need to get loot boxes. Fortunately, there are several easy ways of acquiring the loot boxes, including getting them when your opponent drops them in battle, getting them in airdrops, and staking other tokens. You can find ready armor and weapons, minor gladiators, and monstrous pets in the loot box. 

What About Gaming?

There are excellent gaming alternatives in this platform, divided into the major and minor gladiator sections. The entire gaming section is yet to launch since according to the website, is still a work in progress, set to launch in the 3rd quarter of 2021. This game’s launch will bring an Arena for major gladiators, and a pyramid royale for minor gladiators.  

The Arena for Major Gladiators

The major gladiators play in the gaming arena, where each round has three players, red, black, and green teams. According to the litepaper, Red and black teams have very high chances(20-85%) of winning, while the green team has only(4%) chances of winning. 

The Pyramid Royale and Odyssey for Minor Gladiators

On the other hand, Minor gladiators have their center to engage each other in battle, the pyramid royal. In this royal, the winning rules are simple, i.e., a gladiator must remain at the pyramid’s peak for 60 seconds. During these seconds, some other gamblers and fighters are struggling to attain the peak point. 

If at the end of 60 seconds the player is still at the peak of the pyramid, they will face off against the worst of the worst infernal guardians, after which you can win a jackpot and the NFT of the infernal guardian you defeated. 

The Odyssey for Minor Gladiators is another excellent option provided for minor gladiators. Here, minor gladiators can also be transported to different parts of the cosmos using the Odyssey, where they can garner and maximize returns quickly. 

Why Should You Invest in ArenaSwap?

Best Class User Interface(UI) and User Experience(UX)

As noted, this platform combines a lot of activities in the same applications. Usually, many platforms would complicate things making it super hard to access some of the most necessary services within the network. However, the ArenaSwap network, much like the entrance to a normal Arena, makes its services easy to access for the users and increases the possibility of creating income streams. 

For instance, the user interface(UI) in design will easily display all the necessary services or utter simplicity. Accessing the tools like major or minor gladiators, gambling and IGO are displayed readily for the users.

For instance, once you open the website, you see a dashboard panel on the left-hand side. This dashboard has displayed tools like farms and pools, referrals, pyramid royale, Odyssey, IGO, Loot boxes, Audits, and more. The more section has the necessary documentation, including the lite paper, docs, Github, and the blog page. 

The user experience(UX) is also top-notch since accessing the services is easy. On a single touch, you can open each of the services you want to work with. Even more interesting are the layout and the direct links to the wallet of your choice. Because this platform wants to ensure you get the best experience, it currently supports tons of crypto wallets like Metamask, Trustwallet, Mathwallet, Token Pocket, Wallet Connect, and Binance chain wallet. Everything is available on a single touch. 

Even more, the website is naturally in a dark mode. Today many people who take long hours using computing devices prefer using dark mode settings to protect their eyes. The Arenaswap platform is natively in Dark mode, thus ensuring more convenience.  

Ample Opportunities To Earn Incomes with NFT

As already mentioned, the primary objective of launching this platform is to provide ample yield farming opportunities, merged with fun. ArenaSwap’s native token, ARENA, will be an excellent yield farming asset for the average user due to its deflationary nature. 

Furthermore, the platform has the major gladiators NFTs which help in generating incomes for their holders as the gladiator increases their wins. By having multiple token use cases the platform is creating a vast array of opportunities for investors to earn passive incomes. 

Audit and Security

Security is one of the major issues clouding the decentralized finance world today. However, the ArenaSwap network is not compromising on safety. Foremost, this platform is audited by a popular blockchain auditor and given a business go-ahead. The idea is to ensure that all users remain with top security and enjoy utter efficiency. By posting the report on their website, the platform proves to function with transparency. 

In a Nutshell

After looking into the ArenaSwap platform, it’s clear that this platform is here to revolutionize the Defi world. This network interacts with gaming, yield farming, and NFTs in the same dashboard, easing the earning of incomes effortlessly for the users. 

There will be gaming options for major and minor gladiators, the former being the star NFTs which play in the big leagues(Arena) while the former remaining the customized NFTs that play in smaller leagues. Moreover, the platform has advantages like an excellent user interface, high security, and community involvement. You can invest in the ArenaSwap Dex whilst you wait for the launch of the gaming options.  

To directly interact with its expanding community and to learn more about this wonderful project, visit their social media pages: Telegram, Twitter or directly access their Website.

Related Topics:

The Bitcoin Daily is one of the most reliable and leading portal about Technology News, Latest Updates, Financial News, Business and any all subjects related to technology and blockchain.

Continue Reading

Press Release

Hong Kong Web3 Festival 2025’s Title Sponsor OKX Web3 Launches Exclusive NFT Tickets

Published

3 days ago

on

December 19, 2024

By

OKX Web3 has confirmed its continued support to Hong Kong Web3 Festival, recommitting as a Title Sponsor of the third edition of this epic conference taking place from April 6 to 9 at HKCEC. Its exclusive NFT tickets, 15% off the regular ticket price, are available for grabs now. See more details at https://www.okx.com/ul/q3xd9N

As a pioneer in driving innovations in the Web3 ecosystem globally, OKX Web3 is committed to fostering industry growth through technological advancements and has developed OKX Wallet as one of the industry-leading decentralized multi-chain wallets, which is capable of supporting over 100 public blockchains and offering users a seamless, one-stop experience in the Web3 world. As of November 20, the OKX Wallet plugin for Google Chrome has surpassed 2 million downloads, serving as a critical gateway for users to securely access and navigate the Web3 space.

Hong Kong Web3 Festival, co-hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME, is Asia’s premiere crypto gathering that convenes the world’s smartest minds in the Web3 and crypto space. Its previous editions, which took place in April 2023 and 2024, brought together over 250 exhibitors, more than 800 speakers, 80,000 visitors and 300 side events. Previous speakers in 2023 and 2024 included prominent figures like Paul CHAN Mo-po, GBM, GBS, MH, JP, Financial Secretary of the Government of the Hong Kong Special Administrative Region, Vitalik Buterin, Co-founder of Ethereum, and Cathie Wood, Founder, CEO and CIO of ARK Invest.

Building on the record-breaking success of its previous editions, this year’s Festival is expected to witness an estimated tens of thousands of attendees from across the globe. The event goes beyond a simple conference, as it unites industry leaders and game-changers to explore the future of Web3 and showcase the latest Web3 solutions and progress.

Taking an area of over 14,000㎡at the iconic HKCEC, which is 1.5 times larger than previous ones, the conference creates an ideal networking and learning environment, with regular conference areas and exhibition spaces embracing professionals, investors, enthusiasts, and leading projects worldwide who will delve into the latest progress, solutions, trends, and policies in Web3 and crypto.

Early bird registration is closing soon! Save $400 by registering before Dec. 31: https://www.web3festival.org/hongkong2025/#/en

Continue Reading

Press Release

WOM Protocol: Pioneering the Future of SocialFi with a Powerful Layer 1 Solution

Published

5 days ago

on

December 17, 2024

By

WOM Protocol was early to the SocialFi space back in 2020 – when the path to revolutionizing marketing wasn’t easy. SocialFi faced hard times in recent years, with many “to-earn” models failing to match the user retention seen in Web2 social networks. But through relentless innovation, WOM has shown remarkable persistence. Thanks to its engaging daily reward mechanism, users didn’t just stick around – they grew. Now, with the numbers to prove its impact, WOM is making its boldest move yet: launching a powerful EVM Layer 1 blockchain infrastructure redefine authenticity, trust and community in a decentralized world.

And the Timing Couldn’t Be Better

Traditional ads are fading – and consumers are tuning out. People are tired of ads, and the numbers say it all. 70% of millennials and Gen Z have stopped watching TV ads, 65% skip YouTube ads, and 86% are blind to banners and pop-ups. Even influencers are losing credibility, with 43% of consumers finding their content fake. Traditional advertising isn’t just annoying; it’s ineffective. It’s time for a new approach that feels real, builds trust and actually connects with people.

The WOM Solution: Rewarding Authentic Advocacy

WOM Protocol leverages blockchain to reward genuine peer-to-peer recommendations, replacing intrusive ads with authentic user-generated content (UGC). The protocol’s ecosystem includes:

  • Creators: Share authentic product recommendations and earn WOM Tokens .
  • Authenticators: Verify content authenticity, creativity, and positivity .
  • Platforms: Integrate the protocol and monetize through WOM rewards instead of ads .
  • Brands: Access genuine, peer-validated recommendations to connect authentically with consumers .

This decentralized ecosystem ensures that everyone—from content creators to validators to platforms—has aligned incentives to maintain authenticity and quality.

The Power of Authentic Content in 2024

Recent statistics highlight the growing importance of authentic, user-generated content (UGC) in the marketing landscape:

  • 60% of consumers trust UGC more than any other type of content when making purchasing decisions.
  • 40% of shoppers say UGC is critical to their buying process.
  • 93% of marketers report that UGC performs better than branded content.
  • 90% of consumers are influenced by UGC when making a purchase.

These insights underscore the effectiveness of genuine peer-driven content in driving brand engagement and sales. In an age where consumers crave authenticity, WOM Protocol provides the infrastructure to capitalize on this behavior.

WOM Protocol’s Achievements

Since its launch, WOM Protocol has demonstrated consistent growth and sustainability:

  • Over 281,000 Peer-Reviewed Videos
  • Daily Transactions: The ecosystem handles between 50,000 to 200,000 daily transactions, including content creation, staking and reward distribution.
  • Sustainable Rewards: WOM Protocol has distributed rewards daily over the past few years to a growing user base of creators, authenticators, and platforms who continuously contribute to the network.
  • Powerful Tools: The WOM Campaign Manager allows advertisers to access authentic UGC and run targeted campaigns. The WOM Authenticator App enables users to validate content from the BULLZ app, ensuring no piece of content goes unreviewed. This validation process has led to an impressive +40% retention rate among users.
  • BULLZ App Success: The BULLZ app, dedicated to web3 and crypto recommendations, has grown to over 158,000 users and generated more than 12 million views. The app also features a separate BULLZ campaign manager for web3 brands to request videos directly from the BULLZ creator community.

This sustained reward distribution and suite of innovative tools ensure that participants are consistently incentivized, reinforcing a thriving and collaborative ecosystem.

Why WOM Needs a Dedicated Layer 1 Blockchain

The success of WOM Protocol has shown the need for a scalable, efficient infrastructure to handle rising transaction volumes and to reduce fees for its growing user base. To achieve this, WOM has developed in 2024 its own EVM based Layer 1 infrastructure, capable of processing 10,000 transactions per second (TPS) with fees as low as $0.0001. This powerful EVM ensures fast and seamless interactions for creators, authenticators, platforms and advertisers. With a public testnet launching in Q1 2025 and a mainnet in Q2 2025, the WOM Chain will drive full decentralization, paving the way for community-driven governance and the transition to a DAO where users collectively shape the future. WOM Protocol is more than just a marketing tool – it’s the engine of a decentralized, authentic and user-driven economy.

Continue Reading

Press Release

0xFútbol Announces Exclusive $FUTBOL Presale to Celebrate XDC’s Strategic Investment

Published

6 days ago

on

December 16, 2024

By

For decades, fútbol’s ecosystem has upheld a status quo that leaves fans disconnected—without a voice, a stake, or a meaningful way to be part of the game they love. Despite fútbol’s global popularity, there has been no unified platform that truly empowers fans or brings them closer to the sport in transformative ways.

Founded by visionary builders from Uruguay and Argentina, 0xFútbol is changing the game. By leveraging blockchain technology, they are creating a digital hub for the world’s 4 billion fútbol fans—a place where they can connect, compete, and even own a piece of fútbol’s future. 0xFútbol transforms watchers into owners, redefining what it means to be a fútbol fan in the modern era.

From watchers to owners

The fútbol community is vast, yet fragmented. 0xFútbol’s mission is to bring it together by delivering engaging experiences that resonate with every fan. From games to tools, every product is a step toward building a thriving, interconnected community.

0xFútbol recently acquired MetaSoccer, the first fútbol manager game, and has been actively working to improve and expand its features. Now in its private beta phase, MetaSoccer has already captivated over 40,000 fans with its innovative approach to managing teams and competing using blockchain-based assets. Alongside MetaSoccer, 0xFútbol is developing additional products like Fútbol PM, a prediction market where fans can showcase their knowledge, and Wonderkid, a hyper-casual Telegram game designed for quick, competitive fun.

Every new fan strengthens the community. With each voice added, the collective power of fútbol fans grows, paving the way to shake up the status quo. Together, 0xFútbol isn’t just building products—it’s building a movement.

“Imagine millions of fútbol fans united in one ecosystem. The energy, the culture, the shared passion—this is the future 0xFútbol is building. It’s a future where fans actively shape the game they love, not just watch from the sidelines.” Says Agu Rodríguez, CEO.

$FUTBOL Presale with XDC Network

In a significant milestone, the XDC Network has joined 0xFútbol as a strategic investor, recognizing the platform’s potential to transform fútbol through blockchain. This partnership represents a major step forward in 0xFútbol’s journey to create a unified and interactive fútbol ecosystem.

As part of this collaboration, 0xFútbol will host an exclusive presale for the XDC community starting on December 16th. This presale offers early supporters a chance to acquire the $FUTBOL token, which powers the entire 0xFútbol ecosystem.

The $FUTBOL token is more than just a digital asset—it’s the backbone of the platform. It enables users to access key products like MetaSoccer and Fútbol PM, participate in governance, and unlock future opportunities as the ecosystem grows. With $FUTBOL, fans are empowered to move from spectatorship to ownership, shaping the future of fútbol while engaging with innovative products and experiences.

This collaboration with XDC highlights the growing recognition of 0xFútbol’s potential to revolutionize how fútbol fans interact with the sport. By combining blockchain innovation with fútbol culture, 0xFútbol is positioning itself as a leader in the Web3 fútbol space.

Join us now!


Twitter | Website | Presale

Continue Reading

Trending