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BSC Next Gem DogyRace will be listed in Hotbit on Dec 17

DogyRace was launched with the mission of bringing the world of betting to NFT games. Mixing the bets with the security and transparency of NFT and cryptocurrencies, in this way everything is easier and safer to everyone.

Next 17th at 10 am UTC + 1 DogyRace native token will be listed in hotbit.io. After raising almost 500k in its IDO, DogyRace will open the doors to its first CEX after the successful launch of its token ($DOR) on November 23rd

Hotbit is scheduled to list DOGYRACE (DogyRace) on Global Section. Deposit function launches at: 2021.12.17 07:00 AM UTC
Trading function launches at: 2021.12.17 09:00 AM UTC
Withdrawal function launches at: 2021.12.17 09:00 AM UTC

Trading Pair: DOGYRACE/USDT

Since Hotbit has previously launched DOR, its token name is the same as this token name. In order to avoid confusion when users mention the transaction, Hotbit will name the DogyRace token DOGYRACE.

DogyRace consist of 3 parts:

*Dogs - Unique dogs that are different from other breeds, you can improve their strength, speed and even their appearance with cards.
*Bets- The players who do not participate in the race will be able to place their bets at the ticket offices depending on the performance of the dogs in the last races, the games will be public so that you can enjoy with the rest of the players that you can find in the telegram channel @dogyracenew.

*Canodromes-Dog races have always been host in canodromes, where dogs compete for the first place. We have implemented the option for players to buy these canodromes and be able to take a commission for each race.
Each canodrome will have its own rules that will be implemented by its owner and in this way the races will be much more customizable.

Web: https://dogyrace.com/

Twitter: https://twitter.com/dogyrace 

Medium: https://dogyrace.medium.com/ 

Public Chat: https://t.me/dogyracechat

Announcements: https://t.me/dogyracenew

GIANT is Building a Global Resource Network to Coordinate, Tokenize, and Financialize Connectivity…

CoinFund is proud to lead GIANT’s recent fundraise and specifically excited to see the continued improvements special-purpose blockchain resource networks can bring to...

vEmpire Launches Trading Card Game Involving Invasion of Metaverse

vEmpire DDAO (https://v-empire.digital/), a project dedicated to restoring fairness to the Metaverse, today announced the launch of vEmpire: “The Beginning,” a blockchain-based two-player trading card game, that revolves around the expansion of a fictional empire by invading “decentraland,” a part of the metaverse and a tug-of-war for power between Romulus and Remus, two sons of a former emperor, staunch enemies of each other.

Romulus is a strong leader, who wins hearts with responsibility and promises of power and wealth. In contrast, Remus is sly and conniving, using underhand tactics to gain an advantage in a battle. While not as popular as Romulus, Remus cannot be bested easily in the long run.

Players get to choose which faction that they would like to play as. They will then be automatically matched up with an opponent taking the opposite side. Each faction has up to 40 faction-specific cards, as well as 12 universal cards that belong to both factions. When preparing for battle, players must choose 25 cards from their deck, which will make up their “Legion”.

“Each brother has at his disposal an army, with troops who have unique abilities. Players can choose their soldiers for different scenarios to counter any advantage their opponent might have. Players can either take an “all-out” attack approach, and throw their strongest troops at their opponent to win through brute force, or use tactics to outplay opponents by strategically removing their key players and increasing the number of cards in hand,” Dom Ryder, Founder of vEmpire said.

“Players are required to choose a faction and back a brother to the end, seeing him to his rightful place as the new Emperor. Players have to invest their time and resources to train their army into an unstoppable force, to conquer the Metaverse.”

Each player is randomly assigned a hand of 15 cards from their Legion. The remaining cards go into their “Battle Deck”. Although players' hands are dealt only 15 cards, some cards have abilities that enable players to dip into their Battle Deck, and access cards that they may not have been assigned in their original hand.

A virtual coin is flipped at the start of the game and the winner of the coin toss gets to play the first card. Players then take turns to play their cards until either both players decide to end the round or run out of cards.

Although the objective is to win rounds, there are a total of three rounds to play. This means that players will need to keep cards in reserve for later rounds. If a player runs out of cards before the game finishes, they will forfeit the following rounds. At the end of each round, all cards on the battlefield are sent to each player's respective discard pile and the following rounds are played with the cards remaining in the player's hand.

For holders of any of the Founding Soldiers NFTs, when choosing their Legion, if a card is picked for which they own the NFT for, they will be able to take the NFT and visually replace the generic card in play. While owning the NFT of a respective card will provide in-game boosts, the significance of the boost will not be overpowered and strategy will still primarily dictate the winner. In-game boosts simply give players an edge in battle.

Players are encouraged to have a powerful computer and graphics card to enjoy the games' fullest potential. The game is not currently operational on Macbooks. For more information and to download the game, visit: https://www.sandbox.game/en/create/game-maker/

About vEmpire:
vEmpire is focused on achieving true decentralization and holding DAOs accountable. Our official platform incorporates different staking strategies to incentivize Metaversal token staking to speed up the battle against centralization in the Crypto verse. Our protocol rewards MANA, SAND, AXS, STARL, and ETH stakers with our native token VEMP, alongside rewards in the token that they staked. vEmpire allows crypto enthusiasts to earn financial rewards on their holdings while also helping contribute to ensuring the important crypto projects can realize their true potential instead of being used as cash cows by centralized entities. 

Twitter | Facebook | YouTube | Telegram | Discord

Media Contact:
Transform Group: vempire@transformgroup.com
vEmpire DDAO Ltd, romulus@v-empire.digital

ChainColosseum Launches its Next Generation Play-to-Earn Blockchain Game

The project developers leveraged the blockchain to build a nostalgic metaverse where players can experience some old-fashioned fun battling with dragons and demons. The game seeks to bring back the thrill and difficulty of fighting daunting enemies, as in old console games.


Players get a sense of accomplishment for battling and defeating resilient enemies and making money in the process. They can also level up their characters to increase their chances of defeating the adversaries and buy/sell NFTs on the in-built marketplace.

ChainColosseum introduces an innovative blockchain-powered virtual world with an attractive rewards model, sustainable tokenomics, and a long-term vision. The dev team hopes that their next-generation game can empower users worldwide to re-discover some memories while grabbing an opportunity to earn lucrative profits.

The ChainColosseum Double Token System

ChainColosseum utilizes a two token system in which native $COLOS and $SKILL cryptocurrencies make up the gaming world's economy.

$COLOS is the governance token for the ChainColosseum ecosystem. It serves as the medium via which players can level up their characters and create NFT items such as weapons and accessories. Each NFT confers an avatar owner with special powers and abilities that helps them defeat enemies and earn optimal rewards.  

The second token, $SKILL, serves as the in-game currency through which players can enhance their character, making them more likely to win duels.

There are two ways to strengthen characters using $SKILL. The first option, the 'Wallet Boost,' allows users to upgrade their character simply by holding $SKILL. The second option dubbed, 'Skill Boost', allows players in the metaverse to enhance their characters directly. Skill Boosts are ten times more effective than wallet skill boosts. 

The ChainColosseum integrates a three-round battle system in which users take part in several rounds of fighting using a single stamina point.

The first two rounds offer gamers $SKILL tokens, while the third round gives fighters the precious $COLOS as a reward. Gamers who utilize weapons with higher stars have a better chance of winning the third round and getting more rewards!

How to Access $COLOS and $SKILL Tokens

The ChainColosseum project offered 990,000 $SKILL tokens to early-bird investors in the pre-sale at a rate of 1 $SKILL per USD. Investors who missed out in the initial sale have a chance to bag $SKILL tokens in Giveaway campaigns held on Twitter.

50% of the BNB raised during the initial sale went into the ApeSwap liquidity pool, with 20% going to the Buyback function for $COLOS tokens. The remaining funds were distributed to the marketing, founder, and development wallets.

$COLOS, the main token of the game, was not offered during the pre-sale. Investors can access the coin by swapping $SKILL tokens into $COLOS after holding for 25 days. The project backers have also added the $COLOS-$BNB LP to ApeSwap, making it available for purchase by gamers/investors everywhere. 

$COLOS holders can stake their tokens to shorten combat time and quickly re-engage in new battles for a chance to bag more rewards. They can also design 'Bosses,' the most formidable opponents in the gaming metaverse. Boss creators earn extra rewards whenever their character defeats a player.

A Unique Token Allocation System

One of the main features that sets ChainColosseum apart from rival blockchain games is its unique token allocation designed to benefit the community in the long term. 

The project's smart contract reserves 100% of the token allocation to the AMM, guaranteeing no selling pressure from the management team after the initial listing.

The team's premise is that they do not seek excessive profits and will only take a small portion of the presale funds for project developments and labor costs. The project backers have bought back their tokens and do not hold any free tokens, eliminating any chance to dump their holdings.

ChainColosseum is a community-driven development project that encourages members to interact and share ideas. The best way to get in touch with community managers is via Telegram. Users can also connect with the broader community and learn about the gaming ecosystem and future phases via Twitter, Facebook, and Medium

Play-To-Earn and NFTs: The Future of Gaming? What you NEED to Know!

As a gamer myself, I spend a lot of time (too much probably) imagining what the future of gaming will look like. I do have to admit that I have been very disappointed in the slower than expected advancement of gaming technology over the past 20 or so years. I remember playing Super Mario 64 […]

The post Play-To-Earn and NFTs: The Future of Gaming? What you NEED to Know! appeared first on Coin Bureau.

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The post Key Ingredients for Medical Device Innovation appeared first on StarFish Medical.

Valorant’s new agent: everything you need to know about Chamber

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Open to apply: 15/10/2021
Close to apply: 25/10/2021
Balloting: 28/10/2021
Listing date: 08/11/2021

Share Capital
Market Cap: RM115.5 mil
Total Shares: 350 mil shares

Industry  CAGR (2010-2020) & Competitor
M'sia Furniture production: CARG 3.8%
M'sia Furniture export: CARG 4.9%
Liihen: PE8.4 ROE15.79
Latitude: PE6.29 ROE9.31
Poh Huat: PE7.07 ROE13.55
Jaycorp: PE7.97 ROE15.48
SernKou: PE27.44 ROE15.78
SpringArt: PE16.93 ROE8.35

Business (Revenue in 2021)
Design & produce living room furniture, bedroom furniture, & others. 
M'sia: 45.2%
Asia: 19.2%
Europe: 11.2%
North America: 14.9%
Australasia: 9.5%

Fundamental
1.Market: Ace Market
2.Price: RM0.33
3.P/E: 13.56 (EPS: 0.243)
4.ROE(Pro Forma III): 33.3% (forecast using 3mth FPE2022)
5.ROE: 71%(FYE2021), 68.8%(FYE2020), 148%(FYE2019)
6.Cash & fixed deposit after IPO: 0.066
7.NA after IPO: RM0.08
8.Total debt to current asset after IPO: 0.6929 (Debt: 29.133mil, Non-Current Asset: 15.879mil, Current asset: 42.048mil)
9.Dividend policy: doest not have formal dividend policy. 
 
Past Financial Performance (Revenue, Earning Per shares, PAT%)

2022: (3mths): RM18.794 mil (Eps: 0.0069),PAT%: 12.8%
2021: RM56.342 mil (Eps: 0.0243),PAT%: 15.1%
2020: RM42.398 mil (Eps: 0.0166),PAT%: 12.3%
2019: RM24.141 mil (Eps: 0.0095),PAT%: 13.8%
***FYE 2021 (is Mar2020-Feb2021)
***FPE 2022 (Mar2021-May2021)

After IPO Sharesholding
Jason Koh Jian Hui: 33.1%
Koh Cheng Huat: 33.1%

Directors & Key Management Remuneration for FYE2022 (from gross profit 2021)
Total director remuneration: RM1.128 mil
key management remuneration: RM0.5 mil- 0.75 mil
total (max): RM1.878 mil or  10.6%  

Use of fund
Machinery & equipment: 37.1%
Factory & hostel contrustion: 12.4%
Purchase of raw material: 32.6%
Listing expenses: 17.9%

Highlight

1. Factory A: Currently have 4 production line & want to increase 1 production line. 
2. Muar Furniture Park: New factory 3 production line (Q4,2022 expected to be commerce).
3. Co-founder Age: Jason Koh(Aged 29), Koh Cheng Huat (Aged 44).
4. Incorporation in 2016: expand rapidly & take 5 year to listing in 2021

Good thing is:
1. ROE is above 30%
2. Revenue is double compare past 3 year. 
3. 82.1% IPO fund use to expand business. 
4. Both co-founder still below Age 50 (abilities to continue lead business to expand)

The bad things:

1. Selling PE is high compare to other competitor.
2. Concentration of customer base 39.8% (from 4 major customers).
3. Highly dependent on co-founder Jason Koh & Koh Cheng Huat to success & growth in business since 2016.

Conclusions (Blogger is not wrote any recommendation & suggestion. All is personal opinion and reader should take their own risk in investment decision)
Is a good IPO. Quite impressive because incorporate 2016 and IPO within 5years. The weakness is IPO price is expensive compare to average market PE. In consider of the additional production line PE13.56 still acceptable. 
*Valuation is only personal opinion & view. Perception & forecast will change if any new quarter result release. Reader take their own risk & should do own homework to follow up every quarter result to adjust forecast of fundamental value of the company.

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