eBoost Claims to Be ‘First’ eSports Betting Coin, ICO Announced
The International eBoost society has announced what it calls “the world’s first” cryptocurrency specifically designed for use in competitive gaming. Branded the “eBoost token,” the cryptocurrency acts as an in-game currency that facilitates wagers on player-versus-player matches. The eBoost Gaming Coin. The eBoost team told press that creating a cryptocurrency to allow eSports betting was simply logical. “eSports games. . .are considered games of skill and therefore it is legal to have tournaments in virtually every global jurisdiction,” they said in a press release. “In addition, many....
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Mockit, the popular eSports site which has received more than five million replays on Amazon.com’s Twitch.tv, is the platform to unveil eBoost, the world’s first cryptocurrency to be used in the eSports field. Its crowdfunding is currently underway. Created and issued by the International eBoost Society, the new eBoost token is a piece of software that will be used as an in-game cryptocurrency to facilitate wagering in player-to-player eSports games such as chess or ping pong. Less-restricted among borders than traditional payment systems like MasterCard and Visa, though each site may put....
Gaming-specific cryptocurrency eBoost has raised over 200 bitcoins in its October crowdsale, worth around $140,000 USD at press time. Designed to be an in-game token for game integration, eBoost advertises itself as the first digital currency geared towards competitive eSports. A Successful eBoost ICO. “EBoost’s successful crowdsale is a testament to the fact the eSports and cryptocurrencies are a natural fit,” eBoost co-founder Marshall long said in a press release. After its successful ICO on the Bittrex cryptocurrency exchange, the team told press that the token should become available....
Cryptocurrency and smart contracts are redefining the future of online betting. Esports, meanwhile, represent a growing market for gambling. 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. The partnership, which was announced Tuesday, gives Exodus’ more than 1 million users access to SportX’s decentralized betting exchange where they can place bets on a wide range of sports and esports games using cryptocurrency. The....
A recently published patent filing from Sony Interactive Entertainment describes a platform for betting on esports contests using bitcoin.
Esports and crypto are two industries that continue to find immediate crossover. Outside of the growing play-to-earn atmosphere, spearheaded by the likes of Axie Infinity, the traditional esports and gaming atmosphere is finding new partnership avenues left and right. This week, Coinbase expanded it’s growing esports ties by establishing a new partnership with competitive esports […]