Connect with us

Blockchain

Esports and Virtual Sports: How Are They Different?

Published

on

Esports and Virtual Sports How Are They Different

With the COVID-19 pandemic, many traditional sports bettors have started to look for other alternatives, namely esports and virtual sports.

To novices, esports and virtual sports might seem like the same thing, but there are many different features that set these two apart. We will be explaining what particularities esports and virtual sports have in order to help bettors decide which type of sports is more suited for their betting style.

What Are Esports?

Esports define the concept of gaming seen as a sport, where professional video game players compete in tournaments for prizes. Such competitions are basically a video game in which real players fight with each other.

While there are several video games that have traditional sports, such as football (FIFA), the most popular genres are multiplayer online battle arenas (MOBA), such as DOTA II, and first-person shooter games like Fortnite, Call of Duty, and Counter-Strike.

Betting on Esports involves betting on a team or individual player, either during the tournament, league, or match. Like traditional sports, you can place bets while the game is live, and you can also watch the live streams of big events, just like football.

Since the pandemic caused many traditional sports games to be canceled, many have shifted their interest towards esports, as these types of matches can be carried out exclusively online.

What Are Virtual Sports?

Virtual sports are virtual simulations of real-world, popular sports and do not involve any real action, as the outcomes are generated by computer-based sequences through the use of a Random Number Generator (RNG) software.

There are plenty of virtual sports based on “normal” sports betting, but the most popular seem to be horse racing and football. As these games use RNGs, betting on them is more similar to playing at an online casino than on a sportsbook. Instead of betting on the spin of a slot, you bet on a horse, a football team, or a racing car. Esports betting is more similar to real-sports betting, as the principle is largely the same.

The RNG software determines which player or team will win based on their odds, and their chance of winning in proportion to the odds is identical.

Virtual sports have been around for a long time, but because of the limited number of traditional sporting events, this type of betting has seen a resurgence, as bettors were seeking sports options during the pandemic.

Pros and Cons of Esports vs Virtual Sports

Both types of sports have their pros and cons when it comes to betting:

  • Esports are more entertaining for video game fans, so you can understand the odds for such matches better;
  • Virtual sports are easier to understand by traditional sports fans;
  • When it comes to betting, Esports betting has the same mechanism that is applied to traditional sports betting, as you wager on the outcome of real-life events, even though they are happening online;
  • Virtual sports betting is more like casino gambling, as the outcomes are generated at random, like with slots;
  • You can bet on virtual sports whenever you want, as they are streamed non-stop;
  • Esports events are played frequently, but not like virtual sports.

Whether you are into virtual sports betting or esports betting, the 1xBit online crypto sportsbook offers plenty of events for both. Here you can find games such as DOTA II, StarCraft, Overwatch, Rainbow 6, PUBG, Fortnite, and CS:GO, as well as virtual versions of football, racing, tennis, cockfights, and many others.

1xBit features a wide line on all bets, having a variety of bids for sports events, with over 20 betting variations per event, including Double Chance, Handicap, Correct Score, and many more. At 1xBit, you can find the best odds in the crypto sportsbook industry.

Registering on the platform is simple and requires only one click. No email or personal information has to be submitted, as the site automatically generates an account number and password. This, combined with the exclusive use of cryptocurrencies as payment, make 1xBit a fully anonymous sportsbook.

Users can fund their multi-currency accounts as soon as they create it, and they can start placing bets on their favorite esport or virtual sport without any worries.

1xBit supports the deposit and withdrawal of over 20 different cryptos, including Bitcoin, Ethereum, and Litecoin. Payouts are executed quickly, and there are no transaction fees on 1xBit’s part, as all transactions are based on crypto.

New users can take advantage of a welcome bonus of 7 BTC that is given throughout the course of their first four deposits, where they can claim between 1 and 3 BTC for each deposit.

Come and discover esports and virtual betting on 1xBit and enrich your crypto funds!

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

Blockchain

JimmyBoss Collective (JBC) Brings Street-Style Meme Energy to Solana With Utility-Focused NFTs

Published

on

The Solana ecosystem adds another culturally driven memecoin project as JimmyBoss Collective (JBC) positions itself at the intersection of meme culture, NFT identity, and community-led branding.

JimmyBoss Collective — built on Solana and centered on its signature “Boss”-style character — is emerging as a hybrid memecoin and NFT brand aiming to blend cultural storytelling with digital ownership. While the project leans into the humor and relatability typical of meme assets, its positioning emphasizes NFT-driven utility and community participation.

A Character-Driven Meme Identity

The project revolves around the “JimmyBoss” persona, a stylized character used throughout the collection’s artwork and branding. This narrative-driven mascot approach aligns JBC with a growing wave of Solana memecoins that use distinctive characters to differentiate themselves in a crowded market.

Rather than adopting chaotic meme culture outright, JimmyBoss Collective presents a more polished aesthetic, merging streetwear culture, digital art, and NFT community elements into its identity.

Token & Collection Structure

JimmyBoss Collective operates as a Solana-based asset, featuring:

  • Token Symbol: JBC
  • Chain: Solana
  • Asset Type: NFT-linked memecoin ecosystem
  • Holder Model: The project displays metrics for NFT ownership distribution, reinforcing its identity as a collectible-first initiative.

Its supply, tokenomics, and distribution mechanisms are focused around scarcity and digital ownership through the art collection. The NFTs serve as access keys into the broader ecosystem rather than functioning solely as tradable assets.

Roadmap and Utility Direction

The project’s published roadmap highlights several upcoming components:

  • Expansion of the JimmyBoss character universe
  • Increased utility tied to NFT ownership
  • Collaborative ecosystem development driven by community initiatives

The emphasis is on building a recognizable digital brand rather than relying on short-term memecoin hype.

Community Positioning

JimmyBoss Collective markets itself as a community-centric project, with messaging that focuses on culture, belonging, and identity. The NFT art itself acts as a status symbol within the ecosystem, encouraging a sense of “Boss” identity among holders.

Although the broader market remains highly competitive, JBC distinguishes itself by merging meme appeal with an art-first structure — a model that continues gaining traction across Solana.

Continue Reading

Blockchain

Cross River Bank Launches Integrated Stablecoin Payment Platform

Published

on

Cross River Bank has launched a stablecoin payment infrastructure integrated directly into its core banking system, marking a major milestone for blockchain-powered finance in 2025. Led by CEO Gilles Gade, the initiative enhances interoperability between fiat banking rails and blockchain networks while ensuring compliance and enterprise-grade security.

This upgrade bridges the gap between stablecoins and traditional banking, offering businesses a faster settlement environment and stimulating market interest through improved payment efficiency and regulatory alignment.

Cross River Bank’s new platform enables seamless interaction between stablecoin transactions and traditional accounts. By embedding the technology into its core system, the bank removes friction typically associated with blockchain payments, creating a unified and compliant framework for real-time transactions. CEO Gilles Gade emphasized the significance of this shift, stating, “We’re building the future of finance… reimagining every corner of banking—from BaaS to lending—to deliver a faster, more connected financial world grounded in safety and trust.” The platform, developed under the leadership of Luca Cosentino, strengthens financial networks through automation, transparency, and speed.

The launch is expected to accelerate stablecoin adoption across business payments and treasury operations. Enterprises seeking secure, blockchain-based financial tools now gain access to a regulated platform capable of handling real-time settlements without compromising compliance. This positions Cross River as one of the first banks to deliver a stablecoin-integrated environment for fintechs, payment processors, and corporate clients.

Industry analysts view this as a pioneering shift. Previous attempts at stablecoin integration often relied on external platforms or fragmented systems. Cross River’s unified ledger approach resolves these issues by offering interoperability, strict compliance, and direct banking support. The move could reshape how enterprises interact with digital assets, enhancing operational efficiency as regulatory clarity around stablecoins continues to evolve globally.

With this step, Cross River Bank moves into a leadership role in the adoption of programmable money, setting the stage for broader integration of blockchain tools within traditional financial services.

Continue Reading

Blockchain

AlphaTON Files $420M Securities Offering to Accelerate TON & Cocoon AI Expansion

Published

on

AlphaTON has officially filed a massive $420.69 million shelf registration, marking a major step forward in the company’s transformation into a core infrastructure provider for the TON blockchain and Telegram’s Cocoon AI ecosystem. The filing became possible after AlphaTON exited the SEC’s “baby shelf rules,” which had previously capped how much capital it could raise in a given year.

According to the company’s December 4 announcement, AlphaTON now has the regulatory flexibility to issue a wide range of securities—common stock, preferred stock, debt instruments, warrants, or mixed units—across multiple offerings whenever market conditions are favorable.

Flexible Funding for AI, GPU Infrastructure, and TON Growth

Now free from earlier fundraising restrictions, AlphaTON plans to use the shelf registration to drive its next phase of expansion. The company outlined several target areas for the funds:

  • Scaling GPU infrastructure to support Cocoon AI, Telegram’s fast-growing decentralized compute ecosystem
  • Expanding deployments of Nvidia B200 GPUs through partnerships with CUDO Compute and AtNorth
  • Funding acquisitions of Telegram- and TON-native businesses
  • Strengthening its digital asset treasury, including ongoing accumulation of TON ecosystem tokens

CEO Brittany Kaiser emphasized that the expanded fundraising capacity allows AlphaTON to “move quickly and decisively” as demand surges for high-performance compute resources powering Cocoon AI.

Acquisitions Targeting Telegram’s 1B User Ecosystem

A large portion of AlphaTON’s strategy focuses on buying revenue-generating businesses already embedded in the Telegram and TON ecosystem. These include startups working on:

  • Blockchain-enabled financial tools
  • Content and creator platforms
  • Payment solutions
  • Gaming infrastructure
  • Decentralized services for Telegram’s massive user base

Each acquisition is expected to strengthen AlphaTON’s portfolio of cash-flowing assets directly linked to Telegram’s growing Web3 environment.

Deepening Commitment to TON and Digital Assets

AlphaTON has steadily increased its exposure to the TON ecosystem since rebranding from Portage Biotech in September 2025. Its strategy includes:

  • Accumulating TON and related tokens such as GAMEE
  • Operating validators and staking nodes to earn yield
  • Deploying GPU fleets for decentralized AI workloads
  • Increasing participation in TON-linked financial instruments

This direction aligns the company with two of the fastest-growing sectors in the blockchain industry: decentralized compute and real-world ecosystem tokenization.

Positioning for a Decentralized AI & TON-Dominated Future

The new $420 million shelf registration comes at a pivotal time. Interest in decentralized AI compute is surging, and TON has rapidly expanded into one of the most active blockchain ecosystems in the world—powered largely by Telegram’s billion-user network.

With new capital flexibility, AlphaTON is now positioned to:

  • Scale its infrastructure at a faster pace
  • Capture larger segments of the TON and Cocoon AI markets
  • Expand its holdings across digital assets and AI-driven services
  • Strengthen its operational footprint ahead of future strategic milestones

AlphaTON’s latest filing indicates a company entering an aggressive expansion cycle, with significant implications for the future of TON, Telegram’s AI ecosystem, and decentralized compute infrastructure.

Continue Reading

Trending