By FintechNews staff – Decentralised finance, or DeFi for short, is a system in which customers can access financial products directly on a decentralised blockchain network, without the need for middlemen such as banks and brokerages. – DeFi has grown immensely within the last year to become a sector valued in excess of US$250 billion. The industry […]

The post De DeFi revolution appeared first on Fintech News.

London, UK, Jan 31, 2022 - (ACN Newswire) - Today, brand-new gaming blockchain and metaverse studio Emergent Games announces its formation as part of a joint venture between the London-based digital entertainment studio Maze Theory and crypto technology and operations business Pluto Digital.

The joint venture combines two dynamic forces from blockchain technology and immersive gaming to form a business at the forefront of the new decentralised gaming sector.

Maze Theory comprises industry veterans from leading global games and entertainment companies and has released critically acclaimed games across virtual reality, PC, mobile and console, including: Doctor Who: The Lonely Assassins (mobile and console) and Doctor Who: The Edge of Time (VR) with Peaky Blinders: The King's Ransom (VR) launching soon.

Pluto Digital is a crypto technology company with market-leading expertise across blockchain, decentralised finance (DeFi), metaverse technologies and non-fungible tokens (NFTs). Pluto has three primary business units: Pluto DeFi which creates leading DeFi applications and tokens, Pluto Metaverse which creates metaverse technologies and tokens, and Pluto V which invests globally in leading web3 and NFT projects. The company has a team of 16 tech engineers.

Pluto will provide an investment pipeline for the new joint venture and has invested £4m as part of the deal to enable the studio's growth and consolidate its expertise in VR.

With a 'game first' philosophy, Emergent Games will offer players high quality, high production value games, jargon-free and easy to pick up and play. It's ambition is to bring free-to-play mechanics to the blockchain gaming space, offering players the option to just play for fun, or engage with the crypto NFT element and earn real money.

Emergent Games' first project, Resurgence, will take players on a journey from present day disaster to a post-apocalyptic future. The game gives complete control to the player to craft their own destiny by utilising resources in a unique community-based survival concept.

Ian Hambleton, CEO of Emergent Games, says: "Emergent Games has a strong 'game first' philosophy which means creating absolutely awesome games for all gamers, with an optional crypto element, enhancing the experience for those interested. We believe this approach is not only the right thing to do, but removes barriers for players moving into blockchain games."

He adds: "Story-living is a term we coined for the concept and technology driving our games. It's where players are inside a virtual world making meaningful choices that drive the narrative. Bringing this into a massively multiplayer online role-playing game (MMORPG) will offer new and incredible experiences for players and form a significant role in the future of gaming."

Brian Kinane, director of Pluto Digital Plc, says "We are tremendously excited to become the largest investor in Maze Theory and partners in the new studio, Emergent Games. We believe the combination of our high end blockchain engineering and token capabilities together with the gaming creativity of the Maze Theory team will create a leading next generation web3 metaverse gaming studio".

Follow Emergent Games' latest updates by visiting www.emergent-games.io and www.resurgence-game.io and join the community.

Twitter:
www.twitter.com/resurgencegame

Instagram:
www.instagram.com/resurgencegame

Facebook:
https://www.facebook.com/Resurgence-111662718067482

Reddit
https://www.reddit.com/r/resurgence_game/

About Maze Theory

Maze Theory is an immersive gaming studio led by experienced industry veterans from the world's top entertainment companies.

Recent expansion has seen the business grow to over 40 people with the team comprising multiple award-winning developers and creatives. The studio believes in delivering unforgettable stories through innovative, multi-tech and multi-platform narrative experiences that go beyond mere gaming and re-define the future of entertainment.

The game portfolio includes the first ever Doctor Who VR game Doctor Who: The Edge of Time and award-winning found-phone horror game Doctor Who: The Lonely Assassins, which launched in 2021 to massive critical acclaim, heralded as 'the best Doctor Who game ever'.

Maze Theory are also working on the first ever VR game for Peaky Blinders, The King's Ransom, as well as developing their new VR game ENGRAM. More soon-to-be announced projects are in the pipeline.

For more information visit https://www.maze-theory.com

About Pluto Digital

Pluto Digital is a Web3 decentralised technology company with market-leading expertise across blockchain, Decentralised Finance (DeFi), metaverse technologies and non-fungible tokens (NFTs). Pluto has three primary business units: Pluto DeFi which is creating leading DeFi applications and tokens; Pluto Metaverse which is creating metverse technologies, games and tokens; and Pluto V which is investing globally in leading web3 and NFT projects. Pluto's mission is to launch a market-leading suite of DeFi applications and blockchain-based games that connect the crypto world with global finance and gaming communities.

For more information visit https://plutodigital.com

Media Contact
Company: Emergent Games
Contact: Penrose Tackie
Email: info@resurgence-game.io
Website: http://www.resurgence-game.io

SOURCE: Emergent Games

“HMRC treats crypto assets as property for tax purposes. However, this is inconsistent with the approach currently being adopted by Government and other regulatory bodies in the UK," said the executive director of CryptoUK Ian Taylor

In this weekly column Harry Horsfall, Co Founder & CEO of Zebu Digital – a London-based crypto and

The post 5 things in Blockchain & Crypto this week 31/01/2022 appeared first on Crypto-News.net.

Most of those who follow cryptocurrency will remember, or at least have heard, of the DeFi summer. This happened in 2020, and at that time, it looked like DeFi would be the prevailing use case for crypto and blockchain. However, a year later, some game resembling Pokémon took off. I believe everyone knows what I’m […]

The post Will GameFi be Bigger than DeFi? Blockchain Gaming Levels Up appeared first on Coin Bureau.

Web 3.0 is a buzzword that has been floating around the depths of the internet in recent years and is a term that is often used synonymously with Blockchain technology. I remember when I had first started seeing and hearing, “Web 3.0,” tossed around in various publications and articles, I didn’t fully grasp or comprehend […]

The post What is Web 3.0 and Why it Has Insane Potential appeared first on Coin Bureau.

Quick Take

• Energyfi is designing green and cost-effective Decentralized Finance by providing a comprehensive set of DeFi features on Energy Web, Avax, Near and Bsc, all while accelerating their adoption.
• Energyfi raised $200,000.00 in a private token sale.
• The Green DeFi platform Energyfi is about to be launched on mainnet with the release of EnergyPad, it's ILO platform.
  The Green DeFi platform Energyfi is about to launched on mainnet

Decentralized finance in brief

Decentralized Finance (commonly referred to as DeFi) is a blockchain-based form of finance that does not rely on central financial intermediaries such as brokerages, exchanges, or banks to offer traditional financial instruments, and instead utilizes smart contracts on blockchains, the most common being Ethereum.

Introducing Energyfi

Newly, Decentralized Finance faces two major problems: high transaction costs and a huge carbon footprint on the environment due to excessive energy consumption (especially on Ethereum).

Energyfi is addressing these issues by designing a comprehensive set of DeFi features on Energy Web Chain, Avalanche, Near and Binance Smart Chain, which will accelerate their adoption at the same time. Indeed, to move towards mass adoption, a blockchain needs more users, and to have more users, it needs more dApps. In order to foster the emergence of decentralised applications (dApps) and to support developers who wish to build on these networks, a fast and reliable all-in-one platform like Energyfi is crucial. Both a cornerstone and a catalyst, Energyfi aims to lead the industry towards: decentralisation, transparency, environmental awareness and cross-chain interoperability. These core values can be seen in the main features of Energyfi.

Energyfi's Features

The Energyfi platform includes a wide range of features, all designed to enable the adoption of green networks and the emergence of environmentally friendly decentralised finance.

This includes:

• Launchpad (permissionless fundraising platform)
• Dex (decentralised exchange platform where you can easily buy and sell your crypto-currencies on the network of your choice)
• Staking/Farming (savings product)
• Lending (lend and borrow crypto-currencies.

Energyfi Token (EFI)

EFI token will have multiple use cases such as governance and platform utility. Holding EFI token will also be necessary in order to use some of the Energyfi services. Also, to promote EFI token holders, a frictionless yield and burn mechanism is included.

This will respectively provide a passive income and fight against inflation.

Energyfi raised $200,000 in a private sale and the public sale will be scheduled

The token private sale round was supported by several investors including INBlock ventures, Blu Ocean capital and whitelisted private investors.

$200,000.00 were raised during the private sale and a public sale will be organised in the near future on EnergyPad, the Energyfi launchpad.

Website: https://www.energyfi.io

Telegram: https://t.me/Energyfi_official