Laced captivates the European sneaker resale market with unrivalled speed and a confidence earned from their immediate success

With an industry reported to be valued at $6 Billion by 2025, and a loyal and knowledgeable customer base spanning multiple continents, the Sneaker resale market is a sexy proposition for investors. This is why London based venture capitalists Talis Capital have recently pledged $1 million of investment UK native Laced. A barely year old platform that is already doing a lot to etch their business model into the upper echelons of the secondary market. Confidently positioning themselves in such a short time, as the self proclaimed and difficult to deny, soon to be market leader in Europe.

With an industry reported to be valued at $6 Billion by 2025, and a loyal and knowledgeable customer base spanning multiple continents, the Sneaker resale market is a sexy proposition for investors. This is why London based venture capitalists Talis Capital have recently pledged $1 million of investment UK native Laced. A barely year old platform that is already doing a lot to etch their business model into the upper echelons of the secondary market. Confidently positioning themselves in such a short time, as the self proclaimed and difficult to deny, soon to be market leader in Europe.

Until very recently the majority of the resale market was based and housed in North America, with most the companies plying their trade in the industry, the likes of StockX, and GOAT having what can only be described as an arms length involvement with its European customer base. What this has led to is a clear and evident gap in the market for a focus European competitor to emerge. Many have begun to pop up in mainland Europe but definitely one of the most exciting to date is London based Laced.

Laced above all else connects dots, creating a bridge between buyers and sellers where products can be traded safely. A concept that most resale platforms share. What sets Laced apart, is the speed of transaction they are able to offer to customers in the UK and mainland Europe. Effectively beating their much more established competitors to the punch. What would take one of the North American platforms 1-2 weeks to provide, can be achieved within 2-3 days with Laced. A feature they are incredibly proud of and keen to promote. What that allows them to do, is help both their buyers and sellers achieve their desired outcomes much more efficiently than they are used too.

The model of resale is built on a foundation of demand outweighing supply. So if you can supply the demand quickly, then you are solving the puzzle. People don’t want to wait for anything in 2020, and inevitably when limited sneakers sell out pretty much instantly at retailers, the first place customers turn to are resale platforms. The quicker you can get a pair listed and available to buy after release, the more likely you are to get a customer willing to pay over retail as they are desperate to get their hands on the pair. That in turn makes both their platform and the seller more profit. Everyone’s a winner. The longer you wait, the more likely it is that the hype surrounding a particular will die down, and your window of opportunity has diminished.

In the industry speed is important, but it definitely isn’t the only selling point Laced boasts. Laced seeks not just to exploit the industry for monetary gain, but also positively contribute to the rich culture it is undoubtedly now a part of. Laced feels like it was made by sneakerheads, with a wealth of knowledge on each product available via their sites ever expanding listings, and their increasingly followed and widely read blog, that covers everything from new releases to thought pieces on shapes, designs, and brands. Sneakers are such big business because the customers who contribute to its success are so passionate and knowledgeable in their own right. So it is only fitting that their platform of choice for buying and selling is as much a hub for celebrating the culture as much as it is a “stock market”. Only time will tell if Laced’s impact will continue to grow, but the signs look promising for the secondary markets newest name.

Jason Kulpa Comments on the Do’s and Don’ts of Managing Net Worth in a Volatile Market

Jason Kulpa Comments on the Do’s and Don’ts of Managing Net Worth in a Volatile Market

As the global market heads for choppy waters, investors, stockbrokers, and other financial professionals are concerned about how it will affect their respective businesses.

But a volatile market does not discriminate, and every individual should pay special attention to their net worth.

What is Net Worth?

Net worth is the monetary difference between assets (like investments and account balances) and liabilities (mortgages and debt).

Calculating net worth gives people an insight into how their debt can affect their future. This number also highlights areas that can be worked on to improve overall financial standing in the long term.

Here are some dos and don’ts that can help people manage their net worth in a volatile market.

Consider Refinancing

Refinancing loans and credit card payments may seem dicey in times of market volatility. However, if leveraged correctly, it can help trim liabilities by clearing more of the principal amount with each payment.

Don’t ‘Panic Sell’ Investments

When markets become unstable, it’s important to avoid speculation. Investors must evaluate stocks and decide whether they’re worth holding or letting go.

It’s best to evaluate investments on three factors. When an investor is sure about the fundamentals of an investment, it makes sense to hold on. When they’re not sure about why they own stock, they should consult a financial planner. And if they’re unsure why they invested in a stock, it would be best to sell.

As Jason Kulpa, the founder and former CEO of UE.co, says, “It’s not the investment itself, but the security of the investor that determines success in the market.”

Do Avoid Personal Debt

Of course, a volatile market is not the best time to take on additional debt, even if it’s for a well-intentioned reason like starting a business.

When the market drops, financial experts also recommend never to borrow money to buy cars, electronics, or anything that goes down in value. And if possible, avoid increasing personal debt during market volatility.

Starting a business can wait until after the market has stabilized.

Don’t Spend Unnecessarily

Most people fail to abide by this rule simply because they’re unable to see how small, everyday expenses add up. It’s best to review spending habits in times of market volatility and trim unnecessary expenses.

This can involve getting rid of an extra car, cooking at home instead of eating out, and unsubscribing from a monthly magazine.

Desire Less

In times of market instability, one of the easiest ways to manage net worth is to want fewer things in life.

Apart from these tips, reviewing their desires and reducing them can help people grow their net worth because ultimately, the best way to build wealth is to actively abstain from spending it.

About Jason Kulpa

Jason Kulpa is a serial entrepreneur and the Founder and former CEO of UE.co, San Diego’s Fastest Growing Business multi-year award winner, and a Certified Great Place to Work multi-year winner. Mr. Kulpa is a San Diego’s two-time winner of the Most Admired CEO Award of the San Diego Business Journal and also a semi-finalist for the Ernst and Young Entrepreneur award.

Contact

Luke Anderson
Pressrelations@Kulpa.org
Kulpa.org
1 Lincoln Street
Boston, MA 02111

Crypto Payments in the Real World: Can You Pay for Coffee With Bitcoin

While the former intends to launch a stable coin pegged to the US Dollar, the coffee giant announced a partnership with crypto derivatives provider Bakkt. As of March 16, 2020, Starbucks has already started beta testing a new feature that will allow customers to use Bakkt Cash as a payment method.

The Benefits of Crypto Payments

Cryptocurrencies offer a myriad of advantages to consumers as well as merchants. Unlike fiat currencies like the U.S. Dollar and Euro, digital tokens retain value and usability across borders.

While companies like Visa and Mastercard offer retailers the option to convert incoming payments to their local currencies, this service requires both transacting parties to pay high fees ranging from one to five percent. Furthermore, popular payment processors such as PayPal and Stripe often add their commissions on top of these fees. At 6.82 percent, the average remittance fee rate is also prohibitively expensive for personal money transfers.

Digital currencies, on the other hand, are completely decentralized and can be exchanged even in the absence of a third party or trusted institution. As a result, merchants, retailers, and consumers all retain a greater percentage of their wealth and income when using cryptocurrency.

Transaction time is another major factor in favor of digital currencies. While traditional banking channels such as wire transfers and online remittance platforms like PayPal transfer funds internationally in a matter of weeks, cryptocurrencies can successfully settle transactions in a matter of minutes. In the case of digital currencies such as Nano, settlement times can be brought down to a single second or even lower. With

Finally, there is the aspect of convenience. According to the World Bank, a staggering 1.7 billion adults worldwide do not hold an account with a bank or financial institution. While most banks require infrastructure and local presence to set up accounts in impoverished regions, digital assets can be owned and exchanged with relatively little hassle. Creating a new crypto wallet requires only a smartphone or similar computing device along with an internet connection. Because of this, many believe that blockchain technology will drive financial inclusion globally and ‘bank the unbanked’.

Crypto Payments on the Rise?

According to a report published by Kaspersky in 2018, approximately 13 percent of surveyed individuals from 22 countries reported having used cryptocurrency as a payment method at some point. With the crypto market’s surging popularity, that figure is only expected to rise in the future. Furthermore, blockchain and non-blockchain enterprises are now offering unique ways to earn, spend, and exchange digital tokens, either online or offline.

Let us take a look at two strong examples that aim to bring cryptocurrency to mainstream relevance.

Aloha

Aloha is a revolutionary new service that allows anyone to earn rewards in the form of tokens by simply sharing their unused or excess mobile data with other users in the Aloha ecosystem. With over 2.5 billion phone users and a significant percentage of them having difficulty getting online, Aloha aims to not only offer an innovative use-case of blockchain technology, but also boost internet penetration in several regions.

Hosts that share their data with other users are rewarded in the form of Aloha tokens. These tokens can later be exchanged on third-party cryptocurrency exchanges or redeemed for real-world products and services on partner brands and retailers.

Wirex

After physical cash, debit and credit cards are some of the most popular means of payment globally. According to The Nilson Report, there were approximately 20.48 billion credit, debit, and prepaid cards in circulation globally as of December 31, 2017. Wirex, a UK-based startup, hopes to make cryptocurrency payments extremely accessible by offering crypto wallets linked to physical debit cards. These cards are virtually identical to the ones provided by a bank and can, similarly, be used to purchase day to day items at any ordinary retailer or e-commerce platform.

Wirex made headlines when it announced a partnership with financial services company Visa to launch a travel debit card that would automatically inter-convert 12 digital and fiat currencies at the time of transaction settlement. Such an offering would allow Wirex users to hold Bitcoin and other cryptocurrencies in their wallet right upto the moment they initiate a purchase using the card. While mobile-based, QR code payments are likely the future of cryptocurrency payments, Wirex’s Visa card may very well be the stopgap solution needed for mass adoption of crypto.

Conclusion

All in all, it appears as if the world is finally warming up to the idea of using cryptocurrencies in the real-world. While Bakkt, Wirex, and Aloha are promising new ventures in this landscape, other factors like the growing number of Bitcoin ATMs and an increasing offline acceptance of digital currencies are also trends worth looking out for in the coming months.

Elaine Hau Inspires Women Entrepreneurs With Her Fashion Rental Startup Luxury Fashion Rentals

Luxury Fashion Rentals gives everyone the opportunity to carry an exclusive designer handbag without spending a fortune. The site features an extensive collection of Louis Vuitton and Chanel handbags for rent. Other featured brands include Hermes, Gucci, Dior, and Moschino. Handbags may be rented for 14- or 30-day terms. Elaine practices an eco-friendly approach in her business by using reusable boxes to manage handbag deliveries. By renting luxury handbags instead of traditionally selling them, Elaine has contributed to the US sharing economy. All first-time customers will receive 20% off their first order. Luxury Fashion Rentals also offers free three-day shipping for a limited time.

Luxury Fashion Rentals

Entrepreneurship in the United States has been on the decline for a while. Women, however, especially minorities, are starting businesses at a rapid rate, and many of them are succeeding in their ventures, helping to remedy the gender imbalance in the entrepreneurial ecosystem, and boosting industry growth. Success stories of young entrepreneurs like Elaine give ambitious young women hope and confidence to take the risk of starting their own business.

In any community, regardless of its size or region, women remain the key decision-makers. This is especially true when it comes to purchases for their families and making sure all the needs of a home are met conveniently. This persistence and solution-oriented mindset opens countless new doors for innovation, which makes ventures headed by female entrepreneurs often different from that of men. Indeed, the growth rate of women-owned businesses was 21% from 2014-2019, while growth for all firms regardless of gender in this period was only 9%. Minority female business owners have also seen impressive growth trends in recent years. As an Asian American Elaine is proud to be part of the growth seen in minority women-entrepreneurs.

There are several other startups in the fashion industry that are renting luxury merchandise to people. Elaine’s venture has been gaining attention as the first Asian-American owned company to rent luxury handbags. The rental process is rendered simple with the 5 steps of order, receive, enjoy, return, and review. It is no longer considered taboo to rent these items instead of purchasing them. Moreover, it is the most practical and economical way to approach the increasing demands of the social calendar. Being an avid fashion enthusiast herself, it didn’t take long for Elaine to understand what women need and to then create one of the best platforms for luxury fashion rentals.

“I am happy to call the United States my home and to have followed in my parents’ footsteps by starting my own business. As a woman who moved to the United States from Hong Kong, I’ve had to work diligently to turn my dream into a reality. Luxury Fashion Rentals is committed to providing you with impeccable customer service.” says Elaine.

Elaine Hau is a motivated businesswoman and social media influencer. She began her entrepreneurial journey in 2020 with Luxury Fashion Rentals. The experience gathered through many years in sales and marketing allowed her to promote several brands successfully, which gave her the confidence to start her own business, Luxury Fashion Rentals. She’s also known for being socially responsible and for helping those less fortunate. She currently sponsors numerous children in impoverished parts of the world. Her company recently sponsored The Miss Black DC Event, hosted on February 1, 2020, that celebrated the first day of black history month. As someone who always wanted to start her own business in the United States, and who made it happen through hard work and determination, Elaine will surely inspire many young female entrepreneurs around the world.

Elaine is very active on Instagram and her fashion journey can be followed at @LittleElaineHau

More information about the process of ‘Luxury Fashion Rentals’ can be found at: https://luxuryfashionrentals.com/how-it-works/

For Media Inquiries:

Contact: Luxury Fashion Rentals
Email: info@luxuryfashionrentals.com
Website: https://luxuryfashionrentals.com

Worldwide Asset eXchange (WAX) Partners With Topps to Bring Collectible Cards to Life on the Blockchain

WAX and The Topps Company, the most prestigious global producer of trading cards for MLB, Star Wars, WWE and Garbage Pail Kids, unveiled a historic partnership to bring their vast licensing portfolio to the WAX Blockchain.

Utilizing WAX’s blockchain technology, fans around the world can soon discover, collect and trade officially-licensed digital Topps collectibles. Collectibles can be seamlessly sold, or traded instantly and securely, with anyone across the world. With blockchain collectibles, collectors can enjoy the fun of trading and sharing digital cards with others around the world through a secure and efficient medium. The digital cards are authenticated and tracked using WAX Blockchain technology to ensure providence and security.

The first Topps blockchain trading cards will launch in Spring 2020 and will be available for purchase online using a credit card and the WAX Cloud Wallet, the most user-friendly blockchain wallet today. To get on the waitlist (and enter to win cards!), visit topps.wax.io.

“Over the years, collectors of Topps trading cards have enjoyed the thrill of ripping open a pack of cards. This partnership allows us to bring that memorable collectible experience to an even wider audience. Our Garbage Pail Kids blockchain product will highlight recent advancements in technology and continues Topps’ history of developing innovative products,” said Tobin Lent, Vice President, General Manager of Topps Digital.

Topps trading cards have regularly sold in secondary markets for hundreds of thousands of dollars, so it’s critical that WAX Blockchain technology guarantee Topps cards are authentic and that trades are secured.

By interacting with Garbage Pail Kids cards on the WAX Blockchain, anyone can see the details of the cards’ information and trading history. This enables everyone involved to make informed purchases, sales, and trades, with anyone else in the world – instantly.

The blockchain records every aspect of every card’s transaction and stores it forever. These blockchain records can’t be changed by anyone, and can be seen by everyone. Therefore, since the blockchain removes all uncertainty, there’s no need to take a chance with a buyer or seller or blindly trust another trader.

Data for Garbage Pail Kids cards on the blockchain includes:

  • Detailed product specifications for each card including the date it was created, its rarity, images of the card, proof of its authenticity, and more. With this information, collectors know exactly which cards they are trading – no guesswork, no need to trust or verify other traders.
  • Comprehensive ownership records that show who traded the card and when. Since everyone can see its full ownership history, no one can ever fake ownership of a card.
  • Complete trade and sale history including how much money was paid for the cards and when. No one can ever fake previous sale prices or dates.

“Topps is bringing their collectibles to the forefront of digital innovation and is determined to leverage the opportunities that the blockchain can provide. I believe the WAX Blockchain will have an important and positive impact on Topps future business models and the way they engage their fanbase. We are very pleased to welcome Topps in the WAX family of dApps,” said Evan Vandenberg, Director at WAX.

Resources

About WAX (Worldwide Asset eXchange)

WAX is an all-in-one blockchain platform enabling developers to easily create, sell and trade digital goods to empower businesses to profit from the next era of digital commerce. For more information, please visit wax.io and follow along on Twitter, YouTube, and Telegram.

Worldwide Asset eXchange™, WAX is a trademark and the sole property of Worldwide Asset eXchange.

About The Topps Company, Inc.

Founded in 1938, Topps is the leading creator and marketer of sports and related cards, entertainment products, and distinctive confectionery. Topps entertainment products include the NFL, MLB, UFC, MLS, WWE and other trading cards, sticker album collections, and collectible games. The Company’s confectionery brands include Bazooka® bubble gum, Ring Pop®, Push Pop®, Baby Bottle Pop® and Juicy Drop ® Pop lollipops. For additional information, visit Sports Cards and Entertainment Cards at Topps.com and follow us on facebook at facebook.com/Topps, on twitter @Toppscards, and now on Instagram @ToppsSports.

A Swiss-based Company Offering a New Solution for Low Bank Interest Issue

Recently, a Swiss company called “YouHodler” “provided an opportunity for users to create an account with an annual return of 12% for stable-coin savings account and profit.

Currency-carrying trade is a strategy that states that the trader will convert between a high-yielding currency to a low-yielding currency. The trader who uses this strategy gets his profit through the difference between converting rates for both currencies, and these differences can be huge, depending on the amount of leverage used. For example, let’s say rates in Japan are 0.1 percent and rates in Mexico 6.5 percent. This means the trader profit expected to be 6.4 percent, which is the difference between the two rates.

How the crypto carry trade work

YouHodler, for example, has paid up to 12% annual interest on stable-currency deposits. This interest is done through loans supported by cryptocurrencies, which provided to “HODLers” and crypto traders. As the interest of ordinary banks continues to decrease, this crypto trading strategy is a viable option for crypto traders to take advantage of the new digital economy and the big profits.

The crypto carry trade is not a replacement for traditional trading on the stock market

The crypto carry trade is not a replacement for traditional trading on the stock market, and crypto-fiat FinTech platforms are not a replacement for traditional banking institutions. Stocks can still be a profitable investment. (e.g., Tesla going up 36% in two days). This new blockchain technology is looking to give new solutions to avoid errors and problems presented by traditional banking solutions and does not aim to replace the current economic system at the same time but is keen to link the past to the future through this promising technology to provide more flexible and realistic solutions with high profit for all the people of the world.

Banking interest rates have continued to fall since the Great Recession, and they look to be staying that way.

European banks follow a negative interest rate policy (NIRP) that requires financial institutions to pay interest to maintain additional cash reserves within the central bank. For example, the Swiss National Bank first introduced negative interest in 2015 and now has the minimum rates in the world at about -0.75%

Moreover, banks following the NIRP program are unlikely to reverse their policy anytime soon, as financial analysts predict unpleasant prospects for the global economy in the coming years. Interest rates are at an all-time low and may drop further soon. Consequently, the attractiveness of deposits based on high-yield cryptocurrencies is increasing, and the preservation of cryptocurrencies is preferred every day.

More details can be found at: https://www.youhodler.com

News Source: StartupFortune.com

Women in Leadership: Vietnam Sees More Women in Leadership Positions

According to the latest Grant Thornton’s International Business Report, the percentage of women in senior management going up at a remarkable rate in Vietnam, becoming Number One country in the world in terms of gender parity initiatives at senior levels in business establishments.

Vietnam has a higher ratio of companies ensuring equal access to developmental opportunities at 56 percent, compared to the global average of 34 percent, according to a report recent report released by global consulting company Grant Thornton International. The country is followed by Nigeria, India, and Indonesia.

ASEAN region came in third in the top five regions in terms of the proportion of women in senior management behind Africa which came in first with 38% and second placed Eastern Europe with 35%.

Meanwhile in Singapore, the number of women in C-suite positions has grown in 2020. The research has seen 2% more female CEOs, 4% more COOs and 9% more CFOs in comparison to 2019.

Vietnamese Women

For enabling flexible working conditions, allowing women to change their work schedule at their convenience, Vietnam scored 56 percent, well above the global average of 31 percent, finds the report. In terms of businesses making efforts to create an inclusive culture, Vietnam scores 58 percent, compared to 34 percent globally. Vietnam’s ratio of women in senior management, 33 percent, is also higher than global average of 29 percent.

In Vietnam, 95 percent of businesses have at least one woman in senior management, compared to 87 percent, globally. The most popular positions for female senior leaders in Vietnam are human resources director, chief finance officer, and chief operating officer.

Francesca Lagerberg, global leader at Grant Thornton International said, “If we want to continue to see more women in senior positions, businesses need to be intentional. Policies that ensure diversity of thought at the decision-making table, that address equal opportunity in career development and bias in recruitment and develop inclusive cultures can’t just be a nice to have – they are a must.

“Once implemented, these policies must be enforced and regularly reassessed to judge their effectiveness. When that is combined with real commitment from senior leadership, only then will real transformational change take place.”

Supreme Court Of India Lifts Cryptocurrency Ban, Quashes RBI’s Complete Ban And Allows Trading

Big day for blockchain enthusiasts and cryptocurrency-entrepreneurs in India. In a massive verdict, The Supreme Court of India has lifted the ‘cryptocurrency or other digital assets trading ban’ imposed by Reserve Bank Of India in 2018. In a 2018 circular, the Reserve Bank of India (RBI) had banned all VCs, including Bitcoin, in the country and stated it does not consider them ‘legal tender’.

The supreme court calls the RBI ban as unconstitutional.

The Supreme Court on March 4 has lifted the complete ban on cryptocurrencies, it will likely come as a big relief to virtual currency (VC) proponents in the country.

While quashing the complete ban on cryptocurrencies, the SC declared RBI’s circular as ‘unreasonable and disproportionate’. It has also set aside the RBI’s ban on banks’ dealing with cryptocurrencies.

The apex court termed that RBI circular, dated April 6, 2018, as unconstitutional. The RBI had in an affidavit in January told the SC it “had not banned cryptocurrencies, but only ring-fenced regulated entities from associated risks.”

The affidavit was filed against a petition filed by the Internet and Mobile Association of India (IAMAI).

Meanwhile, Bitcoin, the world’s largest cryptocurrency, on February 12 surged past $10,000 mark once again to touch a fresh high for CY20. It was trading at $8,821.07 at 11.05 am.

The government had constituted an inter-ministerial committee in 2017 under the chairmanship of secretary, economic affairs, with Secy (MeiTY), Chairman (SEBI) and deputy governor, RBI as members, to study the issues related to virtual currencies and propose specific action to be taken in this matter.

The draft of Banning of Cryptocurrency and Regulation of Official Digital Currency Bill, 2019 proposes 10-year jail for those who “mine, generate, hold, sell, transfer, dispose of, issue or deal in cryptocurrencies directly or indirectly.”

In April 2018, the RBI gave a three-month notice to the banking sector to stop their involvement in any sort of cryptocurrency transactions and thousands of crypto-traders India faced a setback.

In September 2018, India’s largest cryptocurrency exchange Zebpay shut down after the Reserve Bank of India (RBI) had imposed an apparent ban on virtual currencies. Zebpay, founded in 2014, was primarily responsible for introducing cryptocurrency trading to thousands of people in India.

Unocoin, another leading cryptocurrency trading platform in India, was laying off the majority of its staff amid regulatory uncertainty. The Bengaluru-based startup reportedly scaled down its team to merely 14 employees in April from over 100 people in February 2018.

While the world has found renewed interest in cryptocurrencies after Facebook announced its cryptocurrency project Libra, the company ruled out an entry in India, with sources saying it would not be available in countries where cryptocurrencies are banned.

Romanian Startup SlotManiak To Develop New Games On The Blockchain As Dapps

In his recent interview with Startup Fortune, Mr. Cosmin Petrescu, CEO of the romanian gaming startup announces his plan to develop his latest games on the blockchain platform.

Romania // August 19// Startup Fortune // Gaming industry is arguably one of the very few sectors that has always been on its toes in terms of growth and development. Because it is basically customer centric, game developers have got no choice than to keep the chain rolling on getting better everyday otherwise they risk losing their “hungry, ever addicted” customers to another competitor that is just doing it a little bit better. The evolution of the entertainment sector is therefore always on going. Popular games which were initially designed for conventional platforms are now being developed to adapt to the blockchain world.

Popular games, starburst and gonzo’s quest is definitely in for the ride too. Recently, it was announced that the amazing Starburst and Gonzo’s quest game will be built on a blockchain framework to serve gamers better. The two games which are one of the most popular slot games played both online and in casinos are interesting and adventurous giving gamers a true experience of being in action and truly in quest.

While starburst has an arcade feel which makes it enticing to the players coupled with sounds that balance well with the simple yet multiple themed design. The games doesn’t have much of a background history and as such wastes no time before settling gamers down for the real deal. The game is fast-paced with just 5 reels and 10 play lines. Gonzo’ quest has a rich history of about a 16th century city, Eldorado which holds treasures such as gold but overtime the paths to the place has been scraped.

Both games which were initially developed by NetEnt have enjoyed serous playtime with gamers. The upgrade slotmaniac is now doing on the blockchain framework will no doubt bring gamers’ joy to another level. Since the blockchain is characterized by decentralization, transparency and top notch security, this will give gamers especially casino players, both online and offline a trustful environment to play fairly and enjoy themselves knowing that the outcomes of the game cannot be influenced in anyway. Also, recreating both games on the ethereum Dapps platform will reinforce their independence. The “gems” collected in the game becomes easily trade-able on the blockchain network, and even converted to fiat currencies giving gamers even more reasons to play.

CEO of the startup Mr. Cosmin Petrescu has expressed optimism about the progress of the project, and is sure about the great facelift blockchain technology will give to the games as a DApp. “The rich South America culture sets the tune of the game both in visuals and sound in gonzo’s quest’ we want to give the blockchain users that experience with our development. Their focus seems to be on switching the narrative of the gaming industry to an even better level while promoting the adoption of blockchain in the gaming industry.

More details can be found at: https://www.slotmaniak.com