Press Release

ArenaSwap: The First BSC Based Platform Making Yield Farming Fun

Published

3 years ago

July 25, 2021

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.

Press Release

Blockchain Life 2024 Thunderstruck in Dubai

Published

1 day ago

April 24, 2024

Crypto Chain Wire

The 12th edition of the Blockchain Life Forum, known as the leading gathering for global cryptocurrency leaders, concluded with an impressive turnout of 10,162 attendees despite the unprecedented storm that happened in Dubai.

Representatives of the crypto industry have always stood apart, largely due to their unique character and the nature of their activities. After all, they are pioneers. And the most massive flood in Dubai in the last century did not prevent 10,162 people from meeting at the long-awaited Blockchain Life 2024, even despite the postponement of the second day of the forum. Needless to say, the atmosphere on the site was indescribable – a very special unity saturated the air.

Throughout the event, the crypto community engaged in insightful discussions, made valuable connections, and struck important deals. Forum stages featured over 160 renowned speakers and industry leaders, including heads and management of Binance, Chainlink, Tron, Bybit, OKX, DFINITY, Ledger, Animoca Brands, Ton, Cardano, Singularity Net, LayerZero, Tether, Ripple, Trust Wallet and more.

The exhibition of crypto companies featured 133 booths, which makes it the largest web3 expo in 2024. Such giants as OKX, HTX, Bybit, Bitget, BingX, Listing.Help, and Uminers presented their services, products and teams. This offered attendees a firsthand look at the latest technologies and innovations shaping the ecosystem.

“This year, we reached a milestone with 10,162 attendees. They know that the current market growth is just the beginning of a real explosion. The next wave is coming, which is why top projects, insiders, and funds gathered at Blockchain Life to finalize their preparations. Now, we are gearing up for a historic bull run that will be remembered for years.” commented the organizer of Blockchain Life, Sergei Khitrov.

As a grand conclusion to the forum, participants were treated to the celebrated Legendary AfterParty at one of the world’s premier clubs. Hours of informal networking with the cream of the industry took place in an all-inclusive format. The highlight of the event was an incredible live concert by the internationally acclaimed hitmaker, Alan Walker. With his chart-topping songs, Alan Walker captivated over 1,400 participants, showcasing the event’s impressive global reach.

Looking ahead, the 13th edition of Blockchain Life is scheduled to be held on October 22-23, 2024, providing participants with an opportunity to highlight their accomplishments and set the groundwork for future success.

Presale tickets and sponsorship applications for the upcoming Blockchain Life event are currently available – please visit https://blockchain-life.com for more information.

The organizers of Blockchain Life 2024 – Listing.Help and Jets.Capital.

General Sponsor of Blockchain Life 2024 and the Official AfterParty – Uminers.

Press Release

Beyond Centralization: Exploring a New Era at the World Blockchain Summit

Published

2 days ago

April 23, 2024

Crypto Chain Wire

The first day of the 29th global edition World Blockchain Summit concluded in Dubai, marked by a surge in enthusiasm for the technology’s future in the MENA region. Hosted at the JW Marriott Hotel Marina, the two-day event brought together industry leaders and innovators, highlighting the seamless integration of blockchain solutions into real-world scenarios.

Despite the challenge due to weather conditions in Dubai, the event attendance was remarkable with its turnout, sparking lively discussions, setting a dynamic course for blockchain’s evolution in the MENA region. True to its reputation, the Summit assembled prominent thinkers and showcased groundbreaking ideas. It provided an unrivaled space for attendees to learn, connect, and forge strategic partnerships.

Day one was marked by rich dialogue, inspiring keynote addresses, and forward-thinking ideas poised to expedite the adoption of crucial blockchain trends across vital economic sectors including finance and supply chain management.

In an inspiring opening address, Naveen Bharadwaj, Trescon’s Group CEO, kicked off the summit with a warm welcome, prepping the audience for an immersive exploration of Web3 and the key issues defining the blockchain world

Wolfgang Grabher, Founder, CEO and Chairman, SUN AG, delivered a keynote on how blockchain technology is revolutionizing the food industry. Addressing how 100 per cent token burn gives you food for free while also shining the spotlight on how falling token prices can be a good thing.

The day also featured a compelling panel discussion on decentralized finance (DeFi), led by Maha Al-Saadi, Head of Regulatory Affairs, QFC Financial Services Sector. The discussion focused on DeFi’s transformative impact on the financial sector and the integration of blockchain technology into its development. Panelists including Neeraj Khandelwal, Co-founder of CoinDCX & Okto; Talal Tabbaa, CEO & Co-Founder of Coin MENA; and Bandar Altunisi, Head of Development for Binance in Saudi Arabia, Head of Institutional Relationships for Binance Dubai (FZE), Binance, explored the synergy between DeFi and traditional finance systems.

A highlight of the day was a lively panel debate titled ‘Crypto Payments Evolution: Charting the Course Through Latest Innovations.’, led by Kevin Soltani, CEO, GIMA group. The discussion focused on the rise of stablecoins while examining the rapid advancements in blockchain interoperability solutions in enabling seamless communication and data transfer between networks. Panelist Jehanzeb Awan, Chairman, Crypto & Blockchain Association, Middle East, Africa & Asia; Miriam Kiwan, Vice President of MEA, the issuer of leading regulated stablecoin, USDC. Circle; Reece Merrick, Managing Director, Middle East & Africa. Ripple, explored the role of CBDCs in reshaping the future of payments.

“We’re excited to bring together leading blockchain minds for another edition of the World Blockchain Summit, shaping the future of the industry.” said Naveen Bharadwaj, CEO of Trescon, “The Summit showcased Dubai’s role as a breeding ground for innovation, driving global blockchain adoption.”

With Day 1 wrapping up successfully, anticipation builds for what Day 2 will unveil. For more details on the World Blockchain Summit, please visit: https://www.worldblockchainsummit.com/

The 29th edition of the World Blockchain Summit is supported by:

Strategic Partners – DIFC Innovation Hub , Dubai AI & Web3 Campus

Co-Host – Sun Minimeal

After Party Sponsor – Floxypay

Gold Sponsors – Cardano Foundation , Medifakt, Crypto2Cash, Anbruggen, Bitflex

Silver Sponsors- Kreation, Coingames, Reat Capital, ACM Finance , Website AI, Vision Chain

Lanyard Sponsor- M2

Badge Sponsor – Ledn

Lunch Sponsor – Payper

Bronze Sponsor- BitGo, M2 , Block Convey, Genesis Digital Assets , Hedge , Golfin, Build-AI

Pitch Partners – Reat Capital , soukcola , MeAI , Zherpa , FidesInnova Labs, Pentagon Games

Exhibitors- DSQ Solutions , Reltime, Qoneqt , C# Corner , Islamic Dinar, Technoloader, Verichains, Vault, Ecotrader.io, Ideofuzion, NuChain, LCX

Official Accommodation Partner- HotelPlanner

Ecosystem Partner – Entrepreneur Media

Business Broadcast Partner – CNBC Arabia

Official Newspaper Partner- The Fintech Times

Official Digital PR Distribution Partner – ZEX PR Wire

ABM Partner- Demandify

Association Partners- Crypto and Blockchain Association, Blockchain Council, Asia Web3 Alliance Japan, European Blockchain Association

Prime Media Partner- Demandteq

Community Partner – Hyperledger Foundation, THE DIGITAL CHAMBER

About World Blockchain Summit (WBS)

World Blockchain Summit (WBS) is an event by Trescon that supports the growth of the blockchain, crypto and Web3 ecosystem globally.

WBS is the world’s longest-running blockchain, crypto, and web 3-focused summit series. Since our inception in 2017, we have hosted more than 20 editions in 11 countries as we strived to create the ultimate networking and deal flow platform for the Web3 ecosystem. Each edition brings together global leaders and emerging startups in the space, including investors, developers, IT leaders, entrepreneurs, government authorities, and others.

For media Inquiries or partnerships please get in touch with:

Shadi Dawi

PR & Partnerships Director

shadi@tresconglobal.com

+971 55 498 4989

Press Release

Elevating Possibilities: The Countdown for WBS Dubai Begins!

Published

1 week ago

April 17, 2024

Crypto Chain Wire

Mark your calendars for an unparalleled gathering of blockchain and web3 pioneers as the 29th World Blockchain Summit, organized by Trescon and co-hosted by Sun Minimeal, is set to take the stage in Dubai. Scheduled for April 22-23, 2024, at the iconic JW Marriott Hotel Marina, this summit promises to be a cornerstone event, spotlighting the UAE’s progressive embrace of web3 technology and its vision for a future shaped by digital innovation.

The World Blockchain Summit has established itself as a seminal series, bringing together a global cadre of blockchain enthusiasts, innovators, visionaries, thought leaders, and policymakers. This forum serves as a critical platform for deliberating on the integration and implications of blockchain technology across vital sectors, reflecting the global economy’s evolving digital landscape.

Amidst Dubai’s transition towards a digital-first economy, bolstered by strategic government initiatives and a burgeoning digital infrastructure, the city emerges as a global beacon for blockchain and web3 innovation. The inauguration of the Dubai AI & Web3 Campus by DIFC, coupled with the establishment of the Virtual Assets Regulatory Authority (VARA) in Dubai, underscores the region’s commitment to fostering a dynamic digital ecosystem, attracting investors and innovators worldwide.

The upcoming summit anticipates over 2,000 web3 decision-makers, 300+ investors, and more than 100 distinguished speakers. A highlight of the event is the regional finale of the Startup World Cup, orchestrated by the globally renowned venture capital firm, Pegasus Ventures. This competition offers startups a gateway to global recognition and a shot at securing US$1 million in funding at the global finals in San Francisco.

#WBSDubai will showcase a series of compelling keynote addresses, use-case presentations by leading blockchain experts, and thought-provoking panel discussions. The agenda will cover pivotal topics such as the role of Central Bank Digital Currencies (CBDCs), the potential of blockchain to enhance ESG impacts, and the importance of interoperability within the blockchain ecosystem and more.

Some of the notable speakers attending the event include:

Pascal Gauthier, Chairman & CEO, Ledger
Roham Gharegozlou, Co-founder and CEO, Dapper Labs
George Gvazava, Chief Crypto Officer, Bank of Georgia
Miriam Kiwan, Vice President of MEA, the issuer of leading regulated stablecoin, USDC., Circle
Yosuke Yoshida, Co-CEO of EMURGO Middle East & Africa CEO of EMURGO Kepple Ventures, EMURGO
Bandar Altunisi, Head of Development for Binance in Saudi Arabia Head of Institutional Relationships for Binance Dubai (FZE), Binance
Stefan Kimmel, CEO, M2
Richard Muirhead, Managing Partner, Fabric Ventures

Sharing their enthusiasm about the event, George Gvazava, Chief Crypto Officer, Bank of Georgia said,” In the realm of innovation, the World Blockchain Summit serves not only as a gathering of minds but as a crucible, where ideas are forged into the connections, use-cases and technologies of tomorrow.”

“As Dubai spearheads the UAE’s digital transformation, blockchain technology plays a central role. Trescon is at the nexus, linking pioneering entrepreneurs with elite global investors. The World Blockchain Summit stands as the definitive forum for revealing the forefront of blockchain innovation and insights,” states Sharath Ravi, CMO, Trescon.

Hurry, registration for the World Blockchain Summit in Dubai is still available! Reserve your spot now to be part of one of the year’s most anticipated blockchain and cryptocurrency gatherings. Act fast to seize this exclusive chance to participate and secure your tickets and sponsorship today!!

The 29th edition of the World Blockchain Summit is supported by:

Strategic Partners – DIFC Innovation Hub , Dubai AI & Web3 Campus

Co-Host – Sun Minimeal

After Party Sponsor – Floxypay

Gold Sponsors – Cardano Foundation , Medifakt, Crypto2Cash, Anbruggen, Bitflex

Silver Sponsors- Kreation, Coingames, Reat Capital , ACM Finance , Website AI

Lanyard Sponsor- M2

Badge Sponsor – Ledn

Lunch Sponsor – Payper

Bronze Sponsor- BitGo, M2 , Block Convey, Genesis Digital Assets , Hedge , Golfin

Pitch Partners – Reat Capital , soukcola , MeAI , Zherpa , FidesInnova Labs

Exhibitors- DSQ Solutions , Reltime, Qoneqt , C# Corner , Islamic Dinar