Crypto in Sports, Sporting Crypto

Sporting Crypto

Crypto in Sports

Breaking down the intersection between Sports and Crypto

Intersection Between Sports and Crypto

Crypto

<ul><li>GMT, The STEPN governance token, has tumbled from ~ $4.00 in May 2022 to $0.60 in September 2022. An 85% drop.</li><li>This is basically akin to the company’s equity… kind of…not really — but it’s a good way to explain things without getting complicated.</li><li>It has crashed like much of the Crypto market (heck, much of the market in *general*?).</li></ul>

GMT, The STEPN governance token, has tumbled from ~ $4.00 in May 2022 to $0.60 in September 2022. An 85% drop.This is basically akin to the company’s equity… kind of…not really — but it’s a good way to explain things without getting complicated.It has crashed like much of the Crypto market (heck, much of the market in *general*?).

Sporting Crypto - STEPN Turns 1 Year Old — Beyond The Hype

Digital Asset Management Firm, Etherbridge

Etherbridge

Digital Asset Management Firm

Etherbridge is a digital asset management firm investing in the value of information and trust

<ul><li>Last week we dived into crypto gaming as we investigated <a href="https://etherbridge.substack.com/p/enjin" target="_blank" rel="noopener">Enjin</a>, one of the leading projects in the sector. </li><li>Enjin shifted from a traditional company to blockchain organisation and has positioned itself as an integral component in the blockchain stack and crypto gaming industry going forward.</li><li>This, however, begs the question: Why will people play blockchain-based games in the future? This answer comes down to the model used by traditional games vs those blockchain-based.</li></ul>

Last week we dived into crypto gaming as we investigated Enjin, one of the leading projects in the sector. Enjin shifted from a traditional company to blockchain organisation and has positioned itself as an integral component in the blockchain stack and crypto gaming industry going forward.This, however, begs the question: Why will people play blockchain-based games in the future? This answer comes down to the model used by traditional games vs those blockchain-based.

Crypto Investing and Decentralized Finance, Coinstack

Coinstack

Crypto Investing and Decentralized Finance

Coinstack is published weekly by Ryan Allis. He was previously CEO and Co-founder of iContact and led the company from 300 employees, 70,000 customers, and $50M in annual sales and an exit for $169M. Ryan was an angel investor in SpaceX, LendingClub, Change.org, Kuli Kuli, and Catalant. Today, Ryan advises companies and governments on blockchain-related projects and is the Chairman of Hive.org, a global community of 3,500 purpose-driven leaders from 130 countries making a positive impact in the world. Ryan holds an MBA from Harvard Business School where he was Co-President of the Harvard Social Enterprise Club and a fellow of the Harvard Graduate School Leadership Institute.

<ul>
<li>The ICO fever in 2017 proved to be a high-risk environment for individuals wanting to participate in new blockchain project token releases, from accidentally sending funds to the wrong wallet, or some project teams absconding with funds.</li>
<li>In response to this, a new fundraising mechanism called IEOs came about. </li>
<li>An Initial Exchange Offering, commonly referred to as an IEO, is a fundraising event administered by an exchange.</li>
</ul>


The ICO fever in 2017 proved to be a high-risk environment for individuals wanting to participate in new blockchain project token releases, from accidentally sending funds to the wrong wallet, or some project teams absconding with funds.
In response to this, a new fundraising mechanism called IEOs came about. 
An Initial Exchange Offering, commonly referred to as an IEO, is a fundraising event administered by an exchange.


<ul><li>Users are able to move-to-earn, using up an energy bar for every walk or run they go on. Your energy bar then recharges every 6 hours and you can go again when that happens.</li><li>You’re a buyer, contributor and participant in this game and economy, and you’re paid to be part of it.</li><li>In mid march - their Chief Business Officer claimed the app has had 1 million downloads with 100,000 monthly users, which apparently doubled in the space of the next 30 days</li></ul>

Users are able to move-to-earn, using up an energy bar for every walk or run they go on. Your energy bar then recharges every 6 hours and you can go again when that happens.You’re a buyer, contributor and participant in this game and economy, and you’re paid to be part of it.In mid march - their Chief Business Officer claimed the app has had 1 million downloads with 100,000 monthly users, which apparently doubled in the space of the next 30 days

STEPN (STEPN CURNCY)

Sporting Crypto - STEPN Turns 1 Year Old — Beyond The Hype

Like many of its ‘To-Earn’ counterparts, it’s failed to find a sustainable model — as of yet — creating a huge boom and bust cycle since its...

Sporting Crypto

Play-to-Earn

Enjin shifted from a traditional company to blockchain organisation and has positioned itself as an integral component in the blockchain stack and...

Etherbridge

Why I Joined Amphibian Capital

In response to this, a new fundraising mechanism called IEOs came about. An Initial Exchange Offering, commonly referred to as an IEO, is a...

Coinstack

Sporting Crypto: Stepn - Move to Earn?

Users are able to move-to-earn, using up an energy bar for every walk or run they go on. Your energy bar then recharges every 6 hours and you can...

Sporting Crypto