Esport betting bitcoin miner
The new digital currency mining application was a recent addition to the existing ggLeap subscription plan that allows LAN center owners to make use of idle computer power for Ethereum cryptocurrency mining. Since the digital beta version of the system was introduced in May , centers in 58 countries worldwide have already decided to take part. With numerous computers and data involved, this number continues to increase to this day. In fact, it added close to LAN centers as of July The CEO states that hitting this milestone has become a major step for them as Esports Entertainment Group — in tandem with ggCircuit — continues to expand and get positive feedback. Sign up for ggCircuit Updates!
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Content:
- BetMGM Introduces Cryptocurrencies to eSports Betting
- The Best eSports Betting Sites in USA
- Best Bitcoin Betting Sites for Esports in 2020
- Либо искомый домен заблокирован по решению суда
- Bitcoin Esports Betting Tutorial
- 3 Video Game ETFs for Q1 2022
- eSport Betting Platform Accepts Bitcoin
- Betting and esports look set to collide
- Did You Know You Can Bet on eSports With Bitcoin?
- How does bitcoin work?
BetMGM Introduces Cryptocurrencies to eSports Betting
Vancouver, British Columbia-- Newsfile Corp. As part of the move into Esports Gambling, Mr. Graham Martin based in London, England will with immediate effect be appointed as President of the Company and will also be joining the Board of Directors. Martin is a world-renowned gambling entrepreneur, most notably founding Bonne Terre Ltd. Martin originated the first online offshore gaming laws in Alderney, an island within the Bailiwick of Guernsey.
Martin is currently an advisor for a number of other gambling companies and has a strong focus on Esports. Graham Martin and we look forward to working together as we expand into the Esports arena. Furthermore, in order to facilitate this repositioning strategy, the Company has entered into a non-binding Letter of Intent to enter into a commercial arrangement with a leading Esports betting platform provider.
The proposed license deal will give the Company exclusive rights to use the Esports betting platform in Canada, as well as non-exclusive rights to the rest of the world including the United States.
The platform is a full-service technology solution to provide Esports gambling on a Tote basis, a unique proposition in Esports betting in which the prize fund is pooled and winnings distributed based upon the number of winners in the winning selection.
The Company would take a guaranteed fixed fee from the prize fund before winnings are distributed, and as such the Company would not be exposed to any potential for loss from gambling activities.
With regards to the Esports market, Goldman Sachs Investment Research recently noted that year olds Generation Z now watch more computer games than traditional sports and that esports will reach million viewers globally by This is a bigger audience than major league real sports such as the NFL. Chris Bradley, Chief Executive Officer of the Company commented, "We are delighted to welcome an online gaming legend of the calibre of Graham Martin to help lead the Company to as we aim to become a global force in Esports gambling.
Esports is a very lucrative and fast-growing area of gambling as people are moving from betting on real sports to betting on Esports. The synapse between the Aquarius AI customer acquisition technology and the explosive growth of Esports gambling means we are very excited for the future. The Board of Directors would like to thank Andrew for his invaluable assistance in transitioning the Company over the last 12 months.
Andrew has been pivotal in addressing a number of legacy issues including trade accounts receivable and payable and leaves the Company in a much stronger position to now move forward with its repositioning strategy. Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant each whole warrant, a " Warrant ".
The closing of the Private Placement will be subject to completion by the Company of the previously announced consolidation of its issued and outstanding common shares on the basis of one 1 post-consolidated common share for every ten 10 pre-consolidated common shares the " Consolidation ". For additional details regarding the Consolidation, please refer to the Company's news release dated June 5, Additionally, certain insiders of the Company may acquire Units under the Private Placement.
The Private Placement is subject to all necessary regulatory approvals, including acceptance from the Exchange. All securities issued in connection with the Private Placement will be subject to a four-month and one day hold period from the closing date under applicable Canadian securities laws, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada.
The Company intends to use the proceeds from the Private Placement for general working capital purposes. The Company is proposing to issue the Settlement Shares in order to preserve cash to fund future operations.
Christopher Bradley, the Chief Executive Officer and a director of the Company, will participate in the Debt Settlement by receiving an aggregate of 6,, Settlement Shares. The debt owing to Mr. Bradley was incurred by the Company well before his involvement in management, as the debt represents a portion of the purchase price for patents relating to the design and building of advertising technology platforms to allow highly targeted customer acquisition, which formed the cornerstone of the Company's business for the last couple of years.
The participation by Christopher Bradley is considered a "related party transaction" as defined under Multilateral Instrument " MI ". The transaction is exempt from the formal valuation requirements under MI as the Company is not listed or quoted on the markets specified under Item 5.
By issuing the Settlement Shares, the Debt will be definitively extinguished and management believes that this will put the Company in a better position to attract new capital and position the Company to unlock value from its current project and acquire new interests.
The closing of the Debt Settlement will be subject to completion by the Company of the Consolidation and will be subject to all necessary regulatory approvals, including acceptance from the Exchange. All securities issued in connection with the Debt Settlement will be subject to a four-month and one day hold period from the closing date under applicable Canadian securities laws, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada.
Aquarius AI Inc. Cautionary Note Regarding Forward-Looking Statements: This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events.
Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". These risks and uncertainties include, among other things, the Company not receiving the necessary regulatory approvals in respect of any of the transactions contemplated herein; the Company being able to execute on the repositioning of its patent pending customer acquisition technology; recent market volatility; the state of the financial markets for the Company's securities; and the ability for the Company to negotiate and execute definitive documentation relating to the commercial licensing arrangement with an Esports betting platform provider.
In making the forward looking statements in this news release, the Company has applied several material assumptions, including without limitation, that the Company will receive the necessary regulatory approvals in respect of each of the transactions contemplated herein; the Company will be able to execute on the repositioning of its patent pending customer acquisition technology; and the Company will be able to enter into definitive documentation relating to the commercial licensing arrangement with an Esports betting platform provider.
Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor. Sign up to receive news releases by email for Aquarius AI Inc.
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Complete the form to the right and a customer service representative will contact you to answer your questions. Login Search Search. Toggle navigation. For further information: Aquarius AI Inc. Forward-Looking Statements: Cautionary Note Regarding Forward-Looking Statements: This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Sign Up. Tell Us Your Story. Learn More.
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The Best eSports Betting Sites in USA
As interest in eSports continues to grow , it is no surprise to see one online betting platforms are using the latest blockchain technology and opting to raise money through crypto. Gimli is a platform in the eSports betting market and claims to be revolutionary by bringing about a new kind of model and experience. The platform is fully built on the Ethereum blockchain and says it's "transparent" - as opposed to other platforms. Dan Biton, cofounder of Gimli, explains gamers today are on the verge of being considered on par with sports player celebrity status. Previously the eSports betting market was almost non existent and plagued by scams and scandals. Biton believes eSports is not a niche anymore, and that mindset leads the way for so many new ideas to thrive.
Best Bitcoin Betting Sites for Esports in 2020
Cryptocurrency wallet Exodus has officially integrated with SportX, an online sports and crypto betting platform, giving users the ability to wager on esports games through smart contracts executed on the Polygon network. Read More. Source: via crypto world on Mocamboo. Generic filters Hidden label. Hidden label. Sign Up Login. Sign Up.
Либо искомый домен заблокирован по решению суда
With cryptocurrency as your main medium, it becomes doubly important to find a betting company that lets you easily deposit and withdraw currencies like BitCoin and Ethereum through their channels. Fortunately, our team has done all the tough part for you, crawling through the different crypto betting sites to find the ones ranked highly among players. Taking into consideration that the legitimacy of the cryptocurrency bookies is just one of the factors when making your choice, we have also taken the liberty of comparing each one based on their features. Is the site friendly to newcomers?
Bitcoin Esports Betting Tutorial
Wondering why most bettors prefer using crypto when betting. Check out some of the reasons why. With several technological advancements, the popularity of the esports betting industry is continuously increasing. In fact, the use of digital currencies has paved the way for a much more accessible and inexpensive betting transaction. Unlike in the early days of sports betting, you can now use digital currencies such as Bitcoin BTC and Ethereum ETH to place your wagers, especially in esports tournaments.
3 Video Game ETFs for Q1 2022
The rumor bookies can turn lead into gold has spread quite readily across the Internet. It buzzed at dinner tables where nippers bragged about their latest make-believe goodies they have bagged through eSports betting, the word pronounced rather hastily as not to attract unnecessary attention from a parental unit. Then again, eSports betting has been punchline for many a upstanding prosecutor groping their way through the accusation and still uncertain about this whole business with something called skin gambling. True enough eSports betting has caused the occasional tiff between bookies and courts of laws. All defiance, some bookies have gone even further introducing something called Bitcoins to their offering. Esports bitcoin betting remains, however, a rather isolated phenomenon that nonetheless continues to evolve and spread.
eSport Betting Platform Accepts Bitcoin
When the fun stops, stop — learn more about responsible gambling here. Once considered strictly a game or even a waste of time! And in some places like South Korea, this professionalized status is not even really new and has been going on since This professionalization is a rapidly growing front.
Betting and esports look set to collide
Newark, New Jersey-- Newsfile Corp. The crypto mining application is an add-on to the ggLeap subscription offering that enables center owners to utilize idle computing power to mine for Ethereum by opting into the initiative with the click of a button. The feedback and enthusiasm we have received from centers so far has been fantastic. About Esports Entertainment Group. Esports Entertainment Group is a full stack esports and online gambling company fueled by the growth of video-gaming and the ascendance of esports with new generations.
Did You Know You Can Bet on eSports With Bitcoin?
Esports Entertainment Group said that a software firm agreed to buy plans to launch a cryptocurrency mining application for gaming computers. The deal is expected to close this quarter. Edition : International. United States. United Kingdom.
How does bitcoin work?
In the rapidly evolving digital landscape new ideas come and go in a blink of an eye. That was as relevant in an era of Facebook ads as it is in the new Bitcoin utopia. Far be it from me to disparage any of you from pursuing your goals in an emerging profitable field, but I would advise approaching every such venture with respect and care it deserves.
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