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GMO Launches Mobile App That Lets Gamers Earn Bitcoin

Gmo launches mobile app that lets gamers earn bitcoin

GMO Launches Mobile App That Lets Gamers Earn Bitcoin

Gmo launches mobile app that lets gamers earn bitcoin

Japanese technology firm GMO Internet Group has developed a new mobile app that lets users earn bitcoin simply by playing games, the company said on Thursday.

According to an announcement, the new app – called CryptoChips – will initially be integrated with a real-time territorial battle game also developed by GMO called “Whimsical War.”

By playing the game on an iOS or Android device starting from August of this year, users can be rewarded with bitcoin based on their ranking and missions achieved inside the game.

Rather than using on-device mining to earn the cryptocurrency, players will receive their bitcoin rewards directly from GMO. The firm kicked off its own bitcoin mining operations in December 2017, and has also slated in August as the deadline for the launch of its cloud mining service.

The tech giant said in the announcement that the hope is to encourage the public to become familiar with cryptocurrencies via the new app, since users will need to use their own digital wallets to receive and use the bitcoin.

GMO indicated that, moving forward, it may include support for more cryptocurrencies within the app and also expand its integrations across other mobile games.

The new service comes just a week after GMO announced that it is launching the world’s first 7nm bitcoin mining chip, with a target shipment deadline set for the end of October 2018.

Mobile game image via Shutterstock

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Published at Fri, 01 Jun 2018 11:25:23 +0000

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Exscudo Cryptocurrency Financial Services Releases its First Video Message

Estonian cryptocurrency-backed financial services platform Exscudo recently published a video interview featuring its top managers Alex Sitnikov (CTO), Julian Kossinov (CFO), and Andrew Zimine (CEO).

[Note: This is a press release]


The video highlights the platform’s unique services, products and how they can benefit the cryptocurrency community. Exscudo offers a range of cryptocurrency based IT solutions that functions in the new age financial and legal domains.

The new financial ecosystem is quickly being realized by the efforts of specialists from various fields. In the interview, veteran IT-developer Alex Sitnikov who is well-experienced in working with traditional stock exchanges has offered some invaluable information on how the system operates.

Unlike many other exchanges that trade in fiat and multiple cryptocurrencies, Exscudo trades in EON color coins. This system ensures that the exchange does not hold any of the user’s funds, thus negating any attempts by hackers to steal users’ funds. All funds remain in the users’ personal bank accounts or wallets until the time orders are finalized.

Exscudo aims to apply some of the more beneficial regulatory practices of mainstream stock exchanges into its platform to facilitate fruitful cooperation between them.  The adoption of relevant regulatory requirements and compliances by Exscudo also helps the platform avoid issues related to money laundering etc.

[youtube https://www.youtube.com/watch?v=-hEbysSnueU?controls=0&showinfo=0&w=560&h=315]

In the interview, Kossinov states that Exscudo has developed a number of products to solve the problems of accessibility, transparency, and sustainability of the financial market. The platform’s products and services are designed to facilitate an honest exchange procedure between cryptocurrencies and fiat.

Exscudo’s uniquely designed distributed network (EON) serves to power the entire ecosystem. The EON coins act as fuel for the blockchain and ICO assets. Exscudo will release a total of 240 million EON coins, of which 150.72 million will be available for sale during the ICO, scheduled to start on April 25, 2017. The price for 1 EON will be set at 0.0002 BTC.

Exscudo’s compliance with legal and regulatory requirements makes it attractive for traditional investors as it provides them with an opportunity to invest legally in a cryptocurrency-powered project. The platform believes to have something to offer to almost everyone. For businesses, Exscudo’s merchant platform provides the capability of receiving a wide range of cryptocurrencies as payment from customers.

Other features offered by Exscudo to its users includes its own channels for miners and traders, wallet application, secure messenger and more. The Exscudo app also provides a broad range of functions for storage and exchange of currencies, payments, secure communications and even monetization of public channels.


Images courtesy of Exscudo.com

The post Exscudo Cryptocurrency Financial Services Releases its First Video Message appeared first on Bitcoinist.com.