The Ethereum-focused software firm ConsenSys, which had led Community Gaming’s pre-seed round in 2020, also participated.
“We are excited to have obtained support from major players in both the blockchain and gaming industries as we seek to bring web3 payment technology to millions of gamers worldwide and help accelerate the shift towards Play2Earn gaming ecosystems,” said CEO of Community Gaming Chris Gonsalves in a press statement.
Community Gaming plans to use the seed funding to continue expanding across Latin America and Southeast Asia, and to grow its team through new hires.
Community Gaming was founded in 2017 in New York. The startup distributes the rewards of e-sport gaming competitions through blockchain technology, involving the Polygon Chain, Ethereum Mainnet, or Binance Smart Chain. While some competitions pay winners in fiat (USD), most use popular cryptocurrencies like ETH, DAI, and USDC.
Delivering on a vision for an interoperable global standard for dollar digital currency, Circle and TRON have partnered to make USD Coin (USDC) available on the TRON blockchain, which has grown to more than 56 million accounts and nearly 2.5 billion transactions since its founding just four years ago. TRON is home to a broad ecosystem for digital assets in Asia and around the world, and the TRON community can now benefit from easy access to the world's fastest-growing, regulated dollar digital currency.
The Block Research was commissioned by Algorand to create Layer-1 Platforms: A Framework for comparison, which provides a “look under the hood” at seven platforms: Algorand, Avalanche, Binance Smart Chain, Cosmos, Ethereum/Ethereum 2.0, Polkadot, and Solana.
We assess their technical design, related ecosystem data, and qualitative factors such as key ecosystem members to get an understanding of how they differ. Having done this analysis, we draw some insights for what the future of the broader smart contract landscape could look like for years to come.
LMAX Group robust technology and familiar institutional grade trading infrastructure (currently processing over 2 billion orders per day in the global FX market) is the solid backbone of LMAX Digital, delivering access to deep institutional liquidity, transparent price discovery, a regulated trading environment and a full custodian trading solution.