MetaverseNFTCoins.com
  • NFT News
  • Crypto News
  • Blockchain
  • Regulations
  • Scams
No Result
View All Result
MetaverseNFTCoins.com
No Result
View All Result

New NFT Gaming Startup Brings on Prominent Blockchain COO as Lead Advisor

December 1, 2021
in NFT News
Reading Time: 4 mins read
A A
New NFT Gaming Startup Brings on Prominent Blockchain COO as Lead Advisor
ShareShareShareShareShare

Share this article

A Florida-based blockchain gaming company called Blue Monster Games has just brought on Miguel Palencia as their Lead Advisor.

Miguel is a cryptocurrency veteran, with over 8 years of experience in this very new field.

Miguel is the chief operating officer of the QTUM Foundation, the organization behind the QTUM cryptocurrency and blockchain, which is one of the world’s top blockchain networks. In addition, their cryptocurrency is amongst the top-100 in the world, with a market cap of about $1.5 billion and daily trading volumes over $300 million.

He started in this space as a cryptocurrency miner in 2013, building mining pools and participating in various crypto-projects. In 2016, he moved to China to join a blockchain incubator called BitSE, which produced QTUM and another notable project called VeChain.

From there, Miguel then worked with VeChain to lead on business (and technological) development for the project in Europe. Then, in late 2017, he moved over to join the QTUM team, where he has been working since.

Joseph Rubin, CEO and co-founder of Blue Monster, said:

“We’re really excited to have Mike join the team. He has a wealth of information in this space, and I think he will be instrumental to taking our blockchain games to the next level.”

This acquisition comes hot on the heels of other notable events for gaming startup. The team has now raised over $5 million in pre-sale for their cryptocurrency called RETH, which is the main utility token associated with their upcoming game, Realms of Ethernity.

Realms of Ethernity is a metaverse MMORPG, which incorporates cryptocurrency and NFT (non-fungible token) technology into the game. These types of games are dubbed “play-to-earn” because the users are able to get paid rewards in cryptocurrency for their success in-game.

Blue Monster Games is also the producer of Kart Racing League, which is the world’s first NFT kart racing game. This game has two cryptocurrencies associated with it: KRL tokens and the Essence of Creation (or EOC tokens). Over the past two weeks, the team has conducted public sales for these digital currencies, selling over $2.5 million in KRL tokens and over $1.2 million in EOC tokens.

The KRL cryptocurrency is now listed and trading on its first exchange called SushiSwap and will be listed on many more exchanges over the coming months.

Rubin said:

“This is just the beginning for Blue Monster Games. These play-to-earn NFT games are the future of the gaming industry, and I think with Miguel on our side, we’re well positioned to take over the blockchain gaming space.”

Blue Monster Games Inc. is a Florida-based corporation dedicated to the development of video games utilizing NFT technology. These gaming projects are based on a play-to-earn model, meaning that players have the opportunity to earn money in-game.

Blue Monster is the maker of Kart Racing League, which features 3D NFT characters that can be used to play a Sonic-inspired kart racing game, earning rewards for every race they win. The team is also working on a number of different projects that will be announced over the coming months.

Share this article

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

See full terms and conditions.

Amasa Joins Polygon Studios to Advance Play-to-Earn Gaming

The micro income stream and investment platform Amasa has partnered with Polygon Studios to accelerate the adoption of play-to-earn games. Amasa Partners With Polygon Studios Amasa, a micro income streaming…

116% Surge for WAX Coin: The Amazon of Virtual Goods

WAX Coin, the crypto for a platform with plans to be the ‘Amazon’ of in-game items, has been the biggest winner in the recent uptick in the crypto market. Having…

MDEX: Overlooked Decentralized Exchange That Pays You to Trade

Based on statistics from DeBank and dapp.com, one of the top-performing decentralized exchanges by TVL and trading volume this year is MDEX—an AMM-based DEX functioning across the Huobi Eco-chain (HECO), Binance Smart Chain…

A Metaverse Wolf? That’ll Be $80,000 in Ethereum, Please

Several forks have spawned following Wolf Game’s launch.  Wolf Game Trading Volume Soars on Launch  After digital rocks and cats, NFT collectors have moved onto trading sheep and wolves in…

Credit: Source link

ShareSendTweetPinShare
Previous Post

Enjin’s CTO Talks About Blockchain Gaming (Podcast)

Next Post

Unpacking the Government’s Cryptocurrency Regulatory and Enforcement Agenda | Pillsbury Winthrop Shaw Pittman LLP

Next Post
Unpacking the Government’s Cryptocurrency Regulatory and Enforcement Agenda | Pillsbury Winthrop Shaw Pittman LLP

Unpacking the Government’s Cryptocurrency Regulatory and Enforcement Agenda | Pillsbury Winthrop Shaw Pittman LLP

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Weekly Updates

Binance to Acquire FTX’s Non-US Assets to Clear Out ‘Liquidity Crunches’

Binance Stored Users’ Fund with B-Tokens Collateral by ‘Mistake’: Report

January 24, 2023
‘Cryptoqueen’ scammed $4 billion from investors by touting bogus Bitcoin rival—she’s still on the run from the FBI after five years

‘Cryptoqueen’ scammed $4 billion from investors by touting bogus Bitcoin rival—she’s still on the run from the FBI after five years

January 23, 2023
Azuki’s Twitter Account Hacked, Over $750,000 Stolen

Azuki’s Twitter Account Hacked, Over $750,000 Stolen

January 29, 2023
DCG’s subsidiary Genesis Capital slapped with new class

DCG’s subsidiary Genesis Capital slapped with new class

January 25, 2023
Senators see emerging humanitarian crisis in crypto scam operations in Myanmar, Cambodia – Manila Bulletin

Senators see emerging humanitarian crisis in crypto scam operations in Myanmar, Cambodia – Manila Bulletin

January 25, 2023
MetaverseNFTCoins.com

This is an online news portal that aims to provide the latest NFT news, crypto news, blockchain, regulations, scams, and much more stuff like that around the world. We promise to share only high quality content from the world's best crypto sources. Feel free to get in touch.

What’s New Here!

  • U.S. President Joe Biden’s administration released a statement on Jan 27
  • Will Jim Cramer’s Bitcoin Price Prediction Be Wrong Again?
  • Enjin Coin (ENJ) And Huobi Token (HT) Holders Begin Migration To Orbeon Protocol (ORBN)

Subscribe Now

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 - metaversenftcoins.com - All rights reserved!

No Result
View All Result
  • NFT News
  • Crypto News
  • Blockchain
  • Regulations
  • Scams

© 2021 - metaversenftcoins.com - All rights reserved!

  • bitcoinBitcoin (BTC) $ 23,444.00 1.96%
  • ethereumEthereum (ETH) $ 1,610.88 1.49%
  • tetherTether (USDT) $ 1.00 0.02%
  • usd-coinUSD Coin (USDC) $ 1.00 0.09%
  • bnbBNB (BNB) $ 315.75 2.71%
  • xrpXRP (XRP) $ 0.413630 0.24%
  • binance-usdBinance USD (BUSD) $ 1.00 0.11%
  • cardanoCardano (ADA) $ 0.390740 0.86%
  • dogecoinDogecoin (DOGE) $ 0.089994 0.31%
  • matic-networkPolygon (MATIC) $ 1.18 4.92%
  • okbOKB (OKB) $ 39.53 2.47%
  • solanaSolana (SOL) $ 24.34 0.15%
  • staked-etherLido Staked Ether (STETH) $ 1,608.00 1.4%
  • polkadotPolkadot (DOT) $ 6.60 1.39%
  • shiba-inuShiba Inu (SHIB) $ 0.000012 0.76%
  • litecoinLitecoin (LTC) $ 95.40 7.75%
  • avalanche-2Avalanche (AVAX) $ 20.67 1%
  • tronTRON (TRX) $ 0.063661 1.19%
  • uniswapUniswap (UNI) $ 6.91 2.02%
  • daiDai (DAI) $ 0.999826 0.01%
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 23,353.00 1.69%
  • cosmosCosmos Hub (ATOM) $ 13.54 1.19%
  • the-open-networkToncoin (TON) $ 2.48 2.53%
  • chainlinkChainlink (LINK) $ 7.39 1.21%
  • leo-tokenLEO Token (LEO) $ 3.66 1.76%
  • moneroMonero (XMR) $ 183.84 1.5%
  • ethereum-classicEthereum Classic (ETC) $ 22.35 2.03%
  • aptosAptos (APT) $ 18.20 3.69%
  • bitcoin-cashBitcoin Cash (BCH) $ 136.22 1.91%
  • stellarStellar (XLM) $ 0.093850 0.86%
  • apecoinApeCoin (APE) $ 6.14 2.22%
  • quant-networkQuant (QNT) $ 150.82 0.2%
  • nearNEAR Protocol (NEAR) $ 2.54 0.28%
  • crypto-com-chainCronos (CRO) $ 0.082089 0.72%
  • filecoinFilecoin (FIL) $ 5.38 0.47%
  • lido-daoLido DAO (LDO) $ 2.28 0.63%
  • algorandAlgorand (ALGO) $ 0.261869 2.23%
  • vechainVeChain (VET) $ 0.024732 1.72%
  • internet-computerInternet Computer (ICP) $ 6.14 3.87%
  • hedera-hashgraphHedera (HBAR) $ 0.068841 1.04%
  • axie-infinityAxie Infinity (AXS) $ 11.69 0.14%
  • decentralandDecentraland (MANA) $ 0.739392 5.38%
  • aaveAave (AAVE) $ 87.52 0.86%
  • fantomFantom (FTM) $ 0.479631 3.17%
  • eosEOS (EOS) $ 1.10 0.61%
  • the-sandboxThe Sandbox (SAND) $ 0.755888 1.47%
  • flowFlow (FLOW) $ 1.09 0.11%
  • elrond-erd-2MultiversX (EGLD) $ 45.06 1.15%
  • theta-tokenTheta Network (THETA) $ 1.11 1.7%
  • tezosTezos (XTZ) $ 1.17 5.27%