David - Cryptocurrency Specialist
In a significant boost to the NFT market and cryptocurrency investment landscape, Proof of Play, steered by Farmville co-creator Amitt Mahajan, has amassed $33 million. This funding is geared towards the development of Web3 games, symbolizing the seamless merger of NFT crypto with gaming.
According to the Sept. 21 announcement, this move reaffirms the potential and vitality of the non fungible tokens domain, especially in the gaming sector. Notably, Emmett Shear, co-founder of Twitch, sits on the board of Proof of Play, lending further credibility to the venture.
Chris Dixon of Andreessen Horowitz (a16z) and Neil Mehta from Greenoaks jointly spearheaded the funding round. Several prominent names in the crypto portfolio, including investors Naval Ravikant, Balaji Srinivasan, and the brains behind the streaming titan Twitch, contributed. Renowned Web3 companies, including Anchorage Digital, Mercury, Firebase, Zynga, and Alchemy, also threw their weight behind the project.
Pirate Nation, the maiden game from Proof of Play, debuted its closed beta version in December 2022. The company’s vision is clear: they aim to eliminate the hurdles typically associated with Web3 games. Their unique blend of technology and product offerings is designed to captivate players with thrilling gameplay, negating the need to grasp the complexities of blockchain beforehand.
Commitment to decentralization stands paramount for Proof of Play. The concept of a “Forever Game” as seen with Pirate Nation, which functions independently without necessitating external servers or creator oversight, underscores this dedication. Additionally, in line with the spirit of secure cryptocurrency and decentralization, Proof of Play has revealed intentions to make its technology framework open source, fostering a more decentralized future.
The company's core team is a powerhouse, boasting veterans from gaming behemoths such as Epic Games, Zynga, EA, Activision, and tech giant Google.
2023 has witnessed a surge in multimillion-dollar financing for Web3 entities. For instance, EVE Online developer CCP Games garnered $40 million in March for a new EVE spinoff, while Hyperplay secured $12 million in June, earmarked for enhancing its distribution platform and rivaling Steam.
For those looking to buy cryptocurrency, trade crypto, or delve into AI crypto and crypto portfolio management, this news presents an exciting vista of opportunities. Trusted Bitcoin broker, BCBitcoin, might be a starting point for many wishing to explore these trends further.
Dear valued BC Bitcoin UK Clients,
I hope this email finds you well. We are reaching out to inform you of some significant changes to our services that directly impact our operations within the United Kingdom. Regrettably, due to the recent regulatory developments introduced by the Financial Conduct Authority (FCA) and the implementation of the new Financial Promotions Regime, BC Bitcoin is no longer able to offer our services to clients based in the UK. This very difficult decision is in compliance with the regulatory framework and ensures that we uphold the highest standards of transparency and legality. You can view the FCA publication here: https://www.fca.org.uk/publication/finalised-guidance/fg23-3.pdf As a result, we would like to inform you of the following changes and provide guidance on how to manage your assets with BC Bitcoin:
1. **Service Termination for UK Clients:**
BC Bitcoin will no longer be able to accept new purchase orders from clients residing in the United Kingdom.2. **Continued Operation Outside the UK:**
Despite the changes within the UK, BC Bitcoin will continue to operate outside of the UK as normal. Our services will remain unaffected for clients in other regions.3. **Withdrawal of Assets:**
For our UK clients holding assets with BC Bitcoin, we want to assure you that your assets are secure. You have the option to safely withdraw your assets or exchange them to GBP or EUR and subsequently withdraw. We have streamlined the withdrawal process to ensure convenience for our clients.4. **Conversion of Assets:**
To convert your Holdings to fiat please log in to your BC Bitcoin account and submit a sell order for the amount of coin you hold with us. During the process you will shown how much you will receive and asked the bank details you wish to receive payment to. In addition, you can request the conversion by emailing info@bcbitcoin.com from your registered email address. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process.5. **Withdrawal Procedure:**
To initiate a withdrawal, please email your request to info@bcbitcoin.com from your registered email address. You may be asked some security questions to verify your identity. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process. These changes are effective immediately, and we appreciate your understanding and cooperation during this transitional period. We understand that this may be an inconvenience for our UK clients, and we sincerely apologise for any disruption this may cause. Thank you for being a valued part of the BC Bitcoin community. We are committed to providing you with a seamless experience as we navigate through these regulatory changes. If you have any questions or concerns, please do not hesitate to reach out to our customer support team at info@bcbitcoin.com Kind Regards