Fintech PR
Betswamp: The Future of Decentralized Betting
Cape Coral, Florida–(Newsfile Corp. – November 9, 2021) – The Betswamp team is developing an iGaming, peer-to-peer betting platform where Betswamp holders can earn validation points through staking on the platform, the benefits of becoming a validator include the opportunity to earn passively through setting events and markets for betting on the platform. A validator can set any market for betting as long as the result can be verified. This can include sports, political events, reality tv shows, gaming, and many other possibilities. The validator will earn more validation points to enhance the users’ reputation on the platform, they will also earn rewards from the pools of the markets they set. Betswamp can become a real catalyst in the leap for mass adoption through the gambling industry.
Figure 1: Betswamp: The future of decentralized betting
The gambling industry has seen an increase in volume in recent years, accumulating over $460 billion per annum, it is no wonder the Betswamp team is looking to capitalize on the true potential of their fully decentralized platform. When people who enjoy gambling know about the benefits of the Betswamp platform they will come swarming into crypto. The benefits of Betswamp are clear to see, the peer-to-peer betting system eradicates any ‘house manipulation’, allows for holders to earn even if they do not want to bet by setting markets. The advantages Betswamp has through their decentralization is beyond what we are used to seeing from the regular gambling companies. Betswamp can offer lesser vig percentages, fair stakes, instant withdrawals, no KYC, no limits on betting, and potential utility for the NFT’s which will be integrated on the platform soon. The sky is the limit for Betswamp and what better industry to dive into than gambling and gaming.
An innovative, fully decentralized peer to peer betting platform:
The Betswamp platform is unlike any betting system the world has ever seen, the fully decentralized platform where you can stake bets with set markets hand-selected by the validators for people to bet on, once the market is set and can be verified the winners will be paid out. The instant withdrawals are very appealing while also the 2% vig when compared to the 10% vig, which is the standard for betting platforms, betting enthusiasts will immediately see the advantages of the Betswamp platform. Not only will it benefit the betters but the main goal of the Betswamp team is to benefit all holders and appeal to even the masses who don’t want to gamble, but would rather earn passively through setting events for the community to bet on.
The no KYC is also very appealing to most users who may be restricted in their region, Betswamp aspires to provide the freedom of betting through their platform, no limits, max withdrawals, a gambler’s paradise. The Betswamp team has considered all variables with regards to the validator process which will ultimately determine the direction of the platform. The holders may only become validators through long-term staking of the $Bets token on the platform. If a validator sets a market for an event that is fixed or misled then the validator will be penalized validation points and will be deducted their rewards, although you can not stop it this will deter it from the source immediately. The Betswamp team values fairness for everybody, which is a significant flaw in the centralized gambling industry. When you look at the leading betting tokens on the crypto market, they are dwarf in comparison to the overall potential of the industry, they have barely scratched the surface by following the centralized approach whereas the Betswamp team intends to break the wheel. For now, the stakes for betting will be in BUSD as it is a stable currency, people can be assured the volatility of crypto does not affect their bet. The $Bets token will be integrated for betting at a later date. For now, it is all about the successful growth of the token and platform.
Very soon the Betswamp project will have its first utility in the form of an MVP of the platform which is a stripped-down version of the fully functional platform which will be developed within the next month. The MVP should be live within the next 48 to 72 hours so the community and investors as expected are very excited, the team is enthusiastic and the journey is just beginning.
A successful presale and launch.
The $Bets token launched on Pancake swap on the 8th of November and recorded an ATH of $5.8 mil, with a holder count of over 600 investors and the marketing push is yet to begin, the only way is up for Betswamp. They hired a marketing team, Crypto Kid Finance, one of the top marketing agencies specializing in pioneering-traditional marketing, the team fully intends to utilize all resources to send Betswamp to a much higher market cap, this team is well versed and has the experience to maintain the exponential growth of Betswamp. They have outlined plans for the traditional marketing strategies that investors have become accustomed to in the BSC space.
The marketing plan is in place and the wheels are in motion as of launch. Aside from these very effective marketing methods the team has outlined the bigger picture to target and conquer the gambling industry. The team plans to list Betswamp as the most prolific advertising outlet for betting in the world, the team have already networked to some agencies about partnering with Betswamp as a third party betting outlet, the Betswamp platform is offering better rates than any other betting platform on the market and eventually, the industry will start to take notice.
The Betswamp team is very confident they can help to fix the flaws with this industry in a very unique way, through the perfect combination of decentralization and innovation in crypto. The other betting tokens on the market have not maximized the potential of the industry because they offer competition, where Betswamp will blow the industry-wide open with their system. The TG is active, the market cap is steady, minimal marketing carried out and a utility imminent the Betswamp team are looking to be the standard for betting tokens in crypto and further down the line become a household name in the gambling industry.
The true potential of Betswamp:
Betswamp could become the standard for betting tokens in crypto, when you compare the project concept and team to others in the space, investors will realize the true potential of Betswamp, with multiple distinctive advantages over the leading gambling platforms on the market, the Betswamp team fully intend to capitalize on the projects innovative system to provide the most user-friendly experience imaginable for the Betswamp platform. This team has been working tirelessly to deliver the utility of the project, the utility itself is the reason why Betswamp can sustain exponential growth over a long period and as previously mentioned other betting tokens, no matter the blockchain have barely scratched the surface of the clear potential of this industry.
Gaming tokens have become the most sought after projects in crypto because of the volume in the industry, not only does the gaming aspects of Betswamp appeal to that market but with regards to the benefit of the betting platform and its appeal to the betters, this particular project will likely gain more traction than any other gambling-related token in crypto. The fully decentralized nature of the platform will catch the attention of the bigger investors who will see the true potential. Betswamp is looking to break the mold in terms of gambling, for everybody. Betswamp team has the intentions, aspirations, and drive to become the premium brand for betting in crypto.
It’s time for mass adoption in crypto and Betswamp can help welcome the next wave of investors into the space. The investors are very excited to see the MVP of the platform and it should be close to completion, trusted validators are on board and the correct markets will be set from the offset. Betswamp can fix the flaws of the gambling industry and equal the playing field for the people who place the bets. The community is the house, they set the markets, they place the best and more importantly they win big and you can bet on that!
Web: https://www.betswamp.com
Telegram: https://t.me/betswamp_official
Twitter: https://twitter.com/betswamp
Media Contact:
Dave Ruiz
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/102770
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Fintech PR
2025 Will See Increased QR Code Payments but Payment Card IC ASPs Will Not Return to Pre-Covid Levels
ABI Research’s 5th annual Trend Report identifies the key Digital Payment Technologies trend that will come to fruition —and the 1 that won’t—in 2025
NEW YORK, Dec. 24, 2024 /PRNewswire/ — As 2025 kicks off, predictions abound on the technology innovations expected in the year ahead. In its new whitepaper, 101 Technology Trends That Will—and Won’t—Shape 2025, analysts from global technology intelligence firm ABI Research. ABI Research analysts identify 54 trends that will shape the technology market and 47 others that, although attracting vast amounts of speculation and commentary, are less likely to move the needle over the next twelve months. In the Digital Payment Technologies space, 2025 will see increased QR code payment acceptance but little growth for payment card IC ASPs.
“2024 has been marked by challenges, from global conflicts and inflationary pressures to political uncertainty. These factors have strained enterprise and consumer spending, leading to market inertia, short-term technology investments, sidelined capital, and the exposure of vulnerable suppliers,” says Stuart Carlaw, Chief Research Officer at ABI Research. “From a technology perspective, many industries and end markets are in that awkward stage of technology adoption where they are formulating implementation strategies, assessing solutions and partners, and trying to see if they have the resources needed to roll out solutions at scale. This is a particularly sensitive time, which tends to suggest 2025 will have tech implementers and end users on the brink of a period of a massive technology shift as they work through these issues.”
What Will Happen in 2025:
QR code payment acceptance will continue to increase with use cases expanding
Although QR code payment acceptance is prevalent in countries such as China and growing in emerging digital payment markets, including in India, use cases and potential growth areas are not limited to these countries. Significant and continued investments by vendors, including PayPal, Stripe, and SumUp, are setting the foundation for increased adoption in other mature and established economies with use cases expanding. Although QR codes are already being used by many Small and Medium Enterprises (SMEs) and pop-up retail businesses, 2025 will mark the year when the technology begins to shift from one niche to partial mainstream.
What Won’t Happen in 2025:
Payment card IC ASPs will not return to pre-COVID-19 levels
Since the COVID-19 pandemic, chipset pricing has been on a continual rise, driven by increased pricing in myriad manufacturing areas, including energy, raw material, transit pricing, and inflation, driving up wages. The chip shortage further compounded this, and according to ABI Research, the Average Selling Price (ASP) for a payment card Integrated Circuit (IC) increased by approximately +30% between 2020 and 2023. However, despite pricing pressures returning, the cost of payment ICs is some years away from matching pre-COVID-19 levels. Although 2025 will mark another year of pricing deprecation, it will not be until around 2028 when pricing is expected to drop to levels similar to those achieved in 2019 steadily.
For more trends that will and won’t happen in 2025, download the whitepaper, 101 Technology Trends That Will—and Won’t—Shape 2025.
About ABI Research
ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.
ABI Research是一家全球性的技术情报公司，拥有得天独厚的优势，充当终端市场公司和技术解决方案提供商之间的桥梁，通过提供独家研究和专业性指导，推动成功的技术实施和提供经证明可吸引和留住客户的战略，无缝连接这两大主体。
For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.
Contact Info:
Global
Deborah Petrara
Tel: +1.516.624.2558
[email protected]
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Fintech PR
Bybit Champions Web3 Innovation and Strengthens Ties with Asia’s Crypto Community at Taipei Blockchain Week
DUBAI, UAE, Dec. 24, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange, debuted at the Taipei Blockchain Week Dec. 12 to 14, 2024, spotlighting the vibrant Web3 innovations on its platform alongside a dynamic roster of its strategic Layer 1 ecosystem partners.
Featuring side events in collaboration with the Solana Foundation, the Sui Foundation, and a dazzling lineup of multichain projects, Bybit Web3 dedicated the Taipei tour to building up communities and deepening connections with Web3 ecosystem partners. The Bybit delegation also took the stage to uncover the latest insights on Web3, building with a purpose, and the future of blockchain utilities and DeFi.
Purpose, Innovation, and Partnerships
Representing Bybit at the conference were MK Chin, Core Contributor for Blockchain for Good Alliance and Head of Marketing of Bybit Web3, and Angela Huang, Bybit VIP Relationship Manager, at various panels.
Expanding on blockchain technology’s potential in building better realities for all, Chin joined as a panellist in the session Marketing Web3: Strategies to Engage and Onboard the Next Billion Users. Chin shared learnings and actionable insights from the Bybit-supported Blockchain for Good initiative (BGA), elaborating on both real-world utilities of blockchain technologies and the trickling down of benefits to grassroot communities.
Meanwhile, Angela Huang moderated three sessions closely tied to Bybit’s mission, steering conversations on crucial industry topics:
- The panel Bridging TradFi and DeFi: The Exchange’s Role in User Onboarding on Dec. 12 examined how exchanges could elevate access to the digital economy for users at scale.
- On Dec. 13, Networked Intelligence: The Rise of Decentralized AI explored the intersection of blockchain and AI, showcasing their potential to transform and democratize finance.
- The Building for Impact: How Female Founders Drive Purpose-Driven Innovation panel on Dec. 14 highlighted the evolving role of women leaders in driving solution-oriented innovation.
Another highlight at the event was amplified globally via Bybit Livestream. Collaborating with the Sui Foundation, Ondo, DeepBook, Scallop, NAVI, and other leading projects, Bybit Web3 led a critical debate on the future of Sui’s growth strategy: Sui Ecosystem Showdown: Mass Adoption vs. Native Growth. Hosted by Emily Bao, Head of Web3 and Spot at Bybit, the livestream attracted over 6,500 viewers live at the Taipei Blockchain Week and globally on Dec. 13.
Deepening Bonds: Key Web3 Ecosystems and Communities
Bybit Web3 brought the local community closer to its world-class ecosystem partners with engaging community events, co-hosting Taiwan DeFi Flow with Sui and Scallop on Dec. 12, and Solana Ecosystem Taipei Greetings with the Solana Foundation and Solar with the support of Orderly Network, Zetachain, Jupiter, and Sonic, on Dec. 14. Through collaborations and innovation, Bybit Web3 opens up new on-chain possibilities for partners and stakeholders to expand the Web3 universe.
These relaxed evening gatherings provided a convivial backdrop for like-minded builders and entrepreneurs to network, exchange ideas, and celebrate their shared enthusiasm for DeFi and dApps in Asia’s growing Web3 innovation hub.
“It’s been an incredible experience connecting with the builders, believers, users, creators, and supporters driving innovation on Solana and Sui. These moments remind us of the heart and spirit of Web3—a vibrant ecosystem shaped by collaboration and shared vision. I’m deeply proud to witness this growth, grateful for every connection made, and excited for the road ahead,” said MK Chin, Core Contributor for Blockchain for Good Alliance and Head of Marketing of Bybit Web3.
“Taipei Blockchain Week showcased the immense growth and potential of Web3 innovation in Asia. Representing Bybit, I had the honor to collaborate with industry leaders to explore Web3’s limitless possibilities, from DeFi and AI to real-world applications. Together, we are shaping a more inclusive global crypto community,” said Angela Huang, Bybit VIP Relationship Manager.
In the past year, Bybit has seen exponential growth in its user base, surging to over 60 million by the end of 2024. It has also invested in vertical growth through community engagements across the world. Connected by the passion for the future of crypto, blockchain, and Web3, the Bybit family is on track to building an inclusive and sustainable path to growth for the industry.
#Bybit / #TheCryptoArk / #BybitWeb3
About Bybit Web3
Bybit Web3 is redefining openness in the decentralized world, creating a simpler, open, and equal ecosystem for everyone. We are committed to welcoming builders, creators, and partners in the blockchain space, extending an invitation to both crypto enthusiasts and the curious, with a community of over 130 million wallet addresses across over 30 major ecosystem partners, and counting.
Bybit Web3 provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting and growing Web3 assets as open and simple as possible. Our wallets, marketplaces and platforms are all backed by the security and expertise that define Bybit as the world’s second-largest cryptocurrency exchange by trading volume, trusted by over 50 million users globally.
Join the revolution now and open the door to your Web3 future with Bybit.
For more details about Bybit Web3, please visit Bybit Web3.
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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TIANJIN, China, Dec. 24, 2024 /PRNewswire/ — On December 7, 2024, AIMA Technology Group warmly invited a delegation of five top-performing U.S. IBD dealers to visit its headquarters. Accompanying the group was Angela Zheng, CEO of AIMA’s U.S. subsidiary, AIMA EBIKE, along with her sales, marketing, and customer service teams. This visit not only marked a deepened connection between AIMA and the mainstream U.S. market but also provided U.S. dealers with a valuable opportunity to witness AIMA Technology’s globally leading capabilities in research, development, and manufacturing of electric mobility solutions.
The delegation first toured AIMA’s state-of-the-art factory in Tianjin. Aima Technology possesses production factories with extremely high levels of intelligent manufacturing Additionally, AIMA has integrated advanced technologies such as AI visual recognition and established a CNAS-certified R&D laboratory, maintaining its industry leadership in intelligent transformation. During the tour, the dealers were deeply impressed by AIMA’s cutting-edge technology, large-scale production capabilities, and relentless pursuit of excellence in product development and manufacturing. They expressed that this rare visit not only enhanced their understanding of AIMA but also strengthened their confidence in promoting AIMA products as a symbol of outstanding performance and exceptional quality to their customers.
Furthermore, AIMA Technology’s R&D team engaged in in-depth discussions with the dealers regarding the new models AIMA EBIKE plans to launch in 2025. The dealers test-rode prototypes of the latest models and shared their innovative insights. They expressed high praise for AIMA’s product innovation capabilities and market acumen, recognizing these as key factors that distinguish AIMA in the industry.
Later, the dealers joined AIMA Technology’s team to witness the rollout of the 10,000th AIMA E-Bike. This milestone moment showcased AIMA’s exceptional manufacturing strength and market influence. The dealers were inspired and expressed strong confidence in the promising future of their partnership with AIMA.
This visit from the top-tier U.S. dealer delegation not only deepened mutual trust and friendship but also injected new momentum into AIMA’s ambition to become a leader in the U.S. E-Bike industry by focusing on the IBD channel. Looking ahead, AIMA Technology will continue to strive to provide market-leading performance and quality, enhancing its product development and manufacturing capabilities while working hand-in-hand with global dealers to create an even brighter future.
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