Kategorie: Crypto Business

• Sports gambling has seen rapid expansion in the US since the 2018 Supreme Court ruling allowing states to regulate sports betting within their respective borders.
• Among the states best known for casinos in the US is Nevada, home to the famous Las Vegas city.
• Outside of the US, Macau is another destination witnessing a surge in sports betting activities.

Nevada and Macau, two global gaming powerhouses, have recently released their gaming revenue reports, showcasing notable trends in the industry. Nevada witnessed record-breaking figures for both December 2023 and the full fiscal year, while Macau experienced a significant surge in January.

From a groundbreaking Supreme Court ruling legalizing online casinos to the popularity of slots for real money, Nevada has emerged as a powerhouse in the realm of traditional casinos and online casinos including crypto casinos.

Nevada’s record gaming revenue

In December 2023, Nevada achieved a historic milestone with a record-breaking revenue of $1.43 billion, marking a 9.04% increase compared to the previous year.

The state’s gaming industry continued its upward trajectory throughout the fiscal year 2023, culminating in a new statewide revenue record of $15.5 billion. Slot machines remained the primary revenue driver, accounting for $10.3 billion in gaming revenue. However, table, counter, and card games saw a notable growth of 8.35%, outpacing the slot machine revenue increase.

On the regional front, Clark County experienced a substantial 9.75% increase in gaming revenue, reaching $1.27 billion while Washoe County witnessed a slight decline of 2.87%, amounting to $80.4 million. Notably, Elko County stood out with a remarkable 14.96% increase, reaching $36.4 million in gaming revenue for 2023.

These regional variations reflect the diverse dynamics within Nevada’s gaming landscape as the gaming industry continues to thrive in the ‘Silver State’, setting new benchmarks and attracting visitors from around the world.

Macau’s impressive growth

Outside Nevada and the United States, Macau, often referred to as the “Las Vegas of the East” for being a prominent gaming destination in Asia, reported a staggering 67% increase in gaming revenue for January 2024 compared to the previous year.

This surge highlights the resilience and recovery of Macau’s gaming sector following challenges posed by the pandemic. The positive momentum in Macau’s gaming industry bodes well for its future prospects and contributes to the global gaming market’s vibrancy.

The post Nevada sports betting revenue hit $1.43B in 2023; Macau sees surge in January appeared first on CoinJournal.

• Bitget has announced the unveiling of a new Messi film as it celebrates the second year of its partnership with the Argentina soccer star.
• The exchange will run a $20,000 promotion for its users to mark the film’s launch and undertake football events in LATAM, SEA and Turkey.

Bitget has today unveiled a new film about Argentina football star Lionel Messi.

In a press release, Bitget said the new Messi film kicks off the exchange and the soccer legend’s second-year partnership. The campaign continues the #MakeItCount theme and aims at inspiring the global community towards pushing beyond limits and seizing on opportunities.

#MakeItCount 2024 showcases Messi’s determination and will to overcome adversity, tracing his rise from childhood to stardom as an FC Barcelona star. 

Bitget’s #MakeItCount Campaign 2024

Regarded as the GOAT in the football world, Messi won the World Cup with Argentina in 2022. He signed a partnership with Bitget in October that year.

Bitget, one of the top crypto exchanges in the world today, says it shares Messi’s commitment and determination.

“Both the story of Messi and the growth of Bitget serve as a reminder that greatness is not achieved overnight, but through persistent determination to make it count,” said Gracy Chen, Managing Director at Bitget.

“As we continue the #MakeItCount Campaign in 2024, we remain committed to inspiring individuals, whether they are in the football and crypto sector or beyond, to pursue greatness as no dream is too big to achieve. Together with Messi, we are delighted to bring crypto to a bigger global stage, and drive the mass adoption of crypto and blockchain technology,” Chen added.

Bitget has lined up a platform-wise competition and Football Challenge as it marks the film’s launch and continued partnership with Messi. 

From January 23 to January 30, 2024, Bitget users will have a chance to win a share of the $20,000 worth of BGB. The exchange will also offer tickets, giving customers a chance to watch Messi play for Inter Miami. The tickets will be for matches at the DRV PNK Stadium.

The other initiative will see Bitget host Football Challenge events across Latin America, Southeast Asia and Turkey. The on-ground events will target local communities.

That’s not all. Bitget says it will explore further collaboration with Messi with regard to charity. This will be under the Blockchain4Youth initiative, Bitget’s corporate social responsibility (CSR) program aimed at empowering youth in Web3 and blockchain.

The post Bitget unveils new Messi film as partnership extends to second year appeared first on CoinJournal.

Key takeaways

• The cryptocurrency market has been consolidating in recent days, with BTC still below $43k.

• Memeinator’s presale has officially crossed the $2.5 million barrier as stage ten moves on smoothly. 

Bitcoin consolidates around $42k

Bitcoin and other leading altcoins have been underperforming in the last 24 hours. The poor performance comes as the market consolidates following a positive start to the week. 

At press time, the price of Bitcoin stands at $42,65, down by less than 1% in the last 24 hours. Other major altcoins are also trading in the red zone. Memecoins including Dogecoin have also been underperforming. 

What is Memeinator?

Although the broader crypto market is underperforming today, Memeinator’s presale continues to surge ahead. Memeinator is a Web3 project that is launching as a meme token. 

The project aims to help content creators generate better content. This will be achieved by changing how people change and use memes. Memeinator intends to leverage the hype around meme coins by providing users with numerous use cases.

According to their roadmap, Memeinator’s primary focus will be to target and destroy worthless memes, ensuring that there is a higher level of quality content available to users. 

It is an exciting meme coin project because it offers real-world utility to users. Memeinator will leverage AI and blockchain technology to identify worthless memes, allowing users to know and steer clear of them.

The whitepaper has detailed information on how the team intend to build Memeinator to become a billion-dollar market cap project. The whitepaper contains various strategies the team will deploy over the coming months and years. 

The Memeinator presale is currently in its tenth stage and has raised more than $2.5 million so far. In the first presale stage, the MMTR was sold for $0.01, but it has been increased to $0.014 in the current stage. The price will rise to $0.0485 by the end of the presale, giving early investors a whopping 132% ROI at listing. 

Memeinator’s presale raises over $2.5 million

The Memeinator presale continues to attract more investors and its tenth stage is close to an end. The development team has raised more than $2.5 million of the $2.8 million target it set for the current stage. 

At the moment, Memeinator’s MMTR token can only be purchased using ETH, USDT and USDC stablecoins. Furthermore, the token is available to users on the Ethereum and BNChain blockchains. 

Click here to read more about the Memeinator presale.

Why is the Memeinator project valuable?

The Memeinator presale is moving fast thanks to the influx of investors into the project. It offers real-world utility and activities on the network would be powered by its native MMTR token. 

Memeinator will offer utility to degens, crypto natives, and speculators. The team believes that Memeinator’s use cases go beyond the crypto space, as its services would be available to content creators. 

With the help of AI, Memeinator users can analyze and evaluate memes across the internet. Thus, allowing them to identify lower-quality memes and replace or destroy them. 

Per the whitepaper, MMTR token holders will enjoy numerous incentives thanks to its excellent features. The token has deflationary mechanisms and rewards for holders. The team has also allocated 20% of the tokens for marketing, centralized exchange listing and liquidity. 

Is the Memeinator a good buy? 

It is the investor’s decision to determine projects that are worthy. However, Memeinator could be one of the leading meme coins in the near future. With the right level of adoption, Memeinator could reach its billion-dollar market cap in the coming years. 

By leveraging AI and blockchain, Memeinator will deploy two of the leading global technologies to provide solutions to content creators. Currently, its MMTR token is still in presale and could record a massive value increase once it gets listed on cryptocurrency exchanges.

The post Memeinator’s presale officially hits $2.5M: Should you invest in the project now? appeared first on CoinJournal.

Key takeaways

• The Memeinator presale is now in its tenth stage as more investors buy into the project.

• The team has raised more than $ 2.4 million so far and has a target of $2.8 million in this current stage. 

The cryptocurrency market is ending the year strongly as Bitcoin and other major cryptocurrencies recorded excellent gains this year. Investors are also taking strategic positions in new projects, with Memeinator gaining massive interest in recent weeks.

What is Memeinator?

Memeinator is a Web3 project that will launch as a meme token and provide utility to those that use memes. The goal is to become one of the leading meme coins in the world. It has a unique project perspective and is offering value to investors and content creators.

The development team revealed that the project is launching as a meme coin to leverage the recent growth of the meme coin industry. 

The project seeks to destroy worthless memes on the internet, allowing users to have access to only quality memes. The major difference between Memeinator and other meme coins is that it provides utility to the users and incentives to the token holders. 

Memeinator will leverage AI technology to identify worthless memes, allowing content creators and other users to know them and steer clear of them. The development team have a $1 billion market cap target for Memeinator once it begins trading on crypto exchanges. 

In their whitepaper, the team provided a detailed roadmap on how it intends to achieve its various objectives. 

So far, the Memeinator presale has recorded an influx of investors. The native token, MMTR, was sold for $0.01 in the first presale stage and is now going for $0.0133. The price will rise to $0.0485 by the end of the presale, giving early investors a massive 264% ROI at listing. 

Memeinator’s presale now in the tenth stage

The Memeinator presale launched roughly three months ago and the team has raised nearly $2.5 million so far. Investors can purchase the Memeinator token (MMTR) using ETH, USDT and USDC stablecoins. 

At the moment, the MMT token is only available to investors on the BNBChain and Ethereum blockchains. However, it might launch on other blockchains to ensure interoperability for users. 

Investors can purchase the MMTR token by connecting any of the supported wallets to the Memeinator website and purchase the tokens using ETH, USDT and USDC coins. 

Click here to read more about the Memeinator presale.

Why is the Memeinator presale moving fast?

The Memeinator presale is selling fast thanks to the unique value proposition the project offers to investors. The project is working hard to ensure a better content creation process for users by eliminating worthless memes. 

The MMTR token is set to be very active within the Memeinator ecosystem. Memeinator will leverage AI to analyze and evaluate memes on the internet. This could give the project massive adoption amongst content creators and other groups of users. With Memeinator, the low-quality memes will be replaced or destroyed. 

In addition to that, early investors could record health profits once the team launches its products and the token gets listed on crypto exchanges. The MMTR token comes with some exciting features, including deflationary mechanisms and rewards for holders. According to their whitepaper, 20% of the tokens are allocated for marketing, CEX listing and liquidity. 

Is the Memeinator a good for you? 

Memeinator could be an excellent project for investors in the coming months and years. Its use of AI and blockchain technology makes it one of the few projects that is leveraging two exciting technologies. This will allow it to provide excellent utilities to users, especially content creators. 

If the development team is to follow through with their plan, Memeinator could become a billion-dollar cryptocurrency project in the medium to long term. 

The post Memeinator’s presale now in stage ten, raises over $2.4 million appeared first on CoinJournal.

• Tether has announced it invested in the Series A round of the Academy of Digital Industries, an educational platform in Georgia.
• The ongoing financial investment will help support the “real world” education about blockchain, bitcoin, stablecoins and P2P technologies, Tether CEO Paolo Ardoino said.

Tether Operations Limited, the company behind the USDT stablecoin, has made an undisclosed investment in the Series A round of Academy of Digital Industries, a Georgia-based education platform.

The investment in the educational platform follows recent initiatives aimed at promoting blockchain innovation in Georgia. This program is expected to be an ongoing one, with Academy receiving long term financial assistance, Tether said in an announcement on Friday.

Tether steps into education business

According to Tether, the partnership offers the Georgian platform the opportunity to tap into the stablecoin issuer’s global network and expertise as it brings Bitcoin, stablecoins, AI and P2P technologies to students.

The collaboration and investment into the Academy of Digital Industries is also part of Tether’s commitment to support financial freedom and innovation globally, Tether CEO Paolo Ardoino said.

“Tether is a strong believer in financial freedom, freedom of communications, and freedom of education. High quality, accessible, and unbiased education is one of the most important pillars for the future of humanity,” he noted.  

In a comment posted on X, the Tether boss said the company “is stepping into the education business.” He added:

“This is Real World Education, not “yet another couple of blockchain and defi courses” play.”

#tether is stepping into the education business.

This is Real World Education, not „yet another couple of blockchain and defi courses“ play.

Academy of Digital Industries has proven their unique aproach to offline+online education, expanding rapidly across a vast variety of… https://t.co/715jfGfxY8

— Paolo Ardoino 🍐 (@paoloardoino) December 22, 2023

Apart from the partnership, Tether also revealed an educational program dubbed “Mastering the Blockchain,” had been completed. This is the first such initiative in Georgia, which was made possible in collaboration with the Georgian Agency for Innovation and Technology (GITA) and Business and Technology University.

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