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

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

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A Florida-based blockchain gaming firm referred to as Blue Monster Games has simply introduced on Miguel Palencia as their Lead Advisor.

Miguel is a cryptocurrency veteran, with over 8 years of expertise on this very new subject.

Miguel is the chief working officer of the QTUM Basis, the group behind the QTUM cryptocurrency and blockchain, which is without doubt one of the world’s prime blockchain networks. As well as, their cryptocurrency is amongst the top-100 on this planet, with a market cap of about $1.5 billion and each day buying and selling volumes over $300 million.

He began on this house as a cryptocurrency miner in 2013, constructing mining swimming pools and taking part in numerous crypto-projects. In 2016, he moved to China to hitch a blockchain incubator referred to as BitSE, which produced QTUM and one other notable mission referred to as VeChain.

From there, Miguel then labored with VeChain to steer on enterprise (and technological) growth for the mission in Europe. Then, in late 2017, he moved over to hitch the QTUM crew, the place he has been working since.

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

“We’re actually excited to have Mike be part of the crew. He has a wealth of data on this house, and I feel he can be instrumental to taking our blockchain video games to the subsequent stage.”

This acquisition comes scorching on the heels of different notable occasions for gaming startup. The crew has now raised over $5 million in pre-sale for his or her cryptocurrency referred to as RETH, which is the principle utility token related to their upcoming recreation, Realms of Ethernity.

Realms of Ethernity is a metaverse MMORPG, which includes cryptocurrency and NFT (non-fungible token) expertise into the sport. Most of these video games are dubbed “play-to-earn” as a result of the customers are in a position to receives a commission rewards in cryptocurrency for his or her success in-game.

Blue Monster Video games can also be the producer of Kart Racing League, which is the world’s first NFT kart racing recreation. This recreation has two cryptocurrencies related to it: KRL tokens and the Essence of Creation (or EOC tokens). Over the previous two weeks, the crew has performed public gross sales for these digital currencies, promoting over $2.5 million in KRL tokens and over $1.2 million in EOC tokens.

The KRL cryptocurrency is now listed and buying and selling on its first change referred to as SushiSwap and can be listed on many extra exchanges over the approaching months.

Rubin mentioned:

“That is just the start for Blue Monster Games. These play-to-earn NFT video games are the way forward for the gaming business, and I feel with Miguel on our facet, we’re effectively positioned to take over the blockchain gaming house.”

Blue Monster Video games Inc. is a Florida-based company devoted to the event of video video games using NFT expertise. These gaming tasks are primarily based on a play-to-earn mannequin, which means that gamers have the chance to earn cash in-game.

Blue Monster is the maker of Kart Racing League, which options 3D NFT characters that can be utilized to play a Sonic-inspired kart racing recreation, incomes rewards for each race they win. The crew can also be engaged on a variety of completely different tasks that can be introduced over the approaching months.

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