

Funverse Capital Committed to Investing up to $10M in Hubgame to Make GameFi Great Again



The funds will enable HubGame to build out a solid blockchain infrastructure bringing notable changes to GameFi.
HubGame X Funverse
Funverse has announced that it will invest up to $10M in Hubgame. This investment will enable HubGame to develop and grow while adding more valuable changes to the GameFi industry.

As of February 2022, GameFi's market capitalization has been $55.38B. Blockchain gaming is predicted to reach $50B by 2025, 10x traditional gaming's growth rate. But this "gold rush" has brought new challenges for NFT Games stakeholders, which makes their earnings and playing stuck.
Because the majority of GameFi projects now place a heavy emphasis on profitability rather than playability and accessibility, many blockchain games rise and fall rapidly. Blockchain game earnings are too risky. Both investors and users fear rug pulls, Ponzi schemes, and pyramid schemes projects.
When there are challenges, there will be solutions. In the midst of chaos and volatility marked by a bearish time, HubGame believes that this is the ideal time to filter the low-quality projects while managing to weather through this crypto storm.

HUBGAME will be home to 50 NFT games where members can play, earn, and trade seamlessly and effortlessly across the games. With the huge fund raised from Funverse, they are confident in completing the infrastructure to build up a bold blockchain platform for future development.
Vibrant GameFi ecosystem – all in one platform: Everything you need to make your GameFi investment experience more seamless, secure, and effective is in one place.
Launchpad: It is made easy for game makers to raise capital for their new projects via Initial NFT Offerings. Investors and passionate gamers have access to the latest NFT games when they first come out.
Payment Gateway: With a few taps, you can buy NFTs and crypto tokens with fiat money.
Wallet: A secure and user-friendly crypto wallet makes it easy to store, move, and manage game NFT assets besides the typical features of a crypto wallet.
Marketplace: A marketplace with great emphasis on UX design brings many convenient features for managing, listing, and trading game NFTs - all in one place without hassle.
Exchange: A fast, liquid, and reliable centralized crypto exchange offering seamless and effortless experiences of trading HUB tokens with a variety of cryptocurrencies.
DeFi: We offer community members DeFi services such as lending, borrowing, farming, staking, and leverage trading.
This robust ecosystem with a secure, user-friendly, and independent crypto wallet makes it easy to store, move, and manage game NFT assets besides the typical features of a crypto wallet.

"With a dedicated team of technology and blockchain veterans, HubGame is confident in building GameFi's bright future where everyone wins! We will help game publishers raise funds and attract new users effectively. Gamers and investors can enjoy a pool of qualified GameFi projects that bring both joy and financial rewards." Mr. Phillips Dao – CEO HubGame
"HubGame persuades us by how they build up the game ecosystem that helps everyone involved win. We want to be a part of the GameFi revolution, in which HubGame will be the new capital for the upcoming projects." Mr. Duc Tran – Managing Partner at IDG Blockchain Capital
"Working with HubGame to bring the traditional games to the blockchain space makes us excited. We want to help qualified GameFi projects get the attention that they deserve while enabling them to grow faster and faster. Together, we will make a brighter future for blockchain-based games." Mr. Tony Manh - Head of Game Publishing, FunTap.
For more information about HubGame, please follow the links below:
Website | Pitch Deck | Twitter | Telegram | Other channels
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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Related News


Coinbase Gains Regulatory Nod from BMA for Retail Perpetual Futures Trading
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Building on the launch of its International Exchange in May, the approval reflects Coinbase's effort to extend perpetual futures trading to eligible non-US clients.
Summary
- Coinbase has obtained regulatory approval from the Bermuda Monetary Authority (BMA) to offer perpetual futures for eligible non-US retail customers.
- The approval builds on Coinbase's earlier announcement in May 2023 when it launched Coinbase International Exchange, a platform aimed at non-US institutions to trade perpetual futures.
Crypto exchange, Coinbase, in an announcement said it has obtained regulatory approval from the Bermuda Monetary Authority (BMA) to offer perpetual futures for eligible non-US retail customers. Aligning with the BMA's rigorous guidelines, the move underscores Coinbase's dedication to compliance and regulatory standards.
This approval builds on Coinbase's earlier announcement in May 2023 when it launched Coinbase International Exchange, a platform aimed at non-US institutions to trade perpetual futures. Now, the BMA's approval extends this trading option to non-US retail customers.
As of today, non-US retail traders can verify their eligibility for perpetual futures trading on Coinbase Advanced, the company's retail trading platform, with official trading operations set to commence in the coming weeks.
Coinbase’s “Go Broad, Go Deep” Expansion Strategy
“As announced in the Phase II of our “Go Broad, Go Deep” strategy, we are dedicated to partnering with high-bar global regulators to build a crypto regulatory framework that allows crypto technology to continually drive innovation,” Coinbase said.
While the company initially planted its roots in the United States, it now seeks to expand access to perpetual futures for eligible non-US clients, thus contributing to the evolution of the global financial system and extending economic freedom and opportunities to users worldwide.
In a climate where several crypto exchanges are facing increased regulatory scrutiny and scaling back operations in certain regions, Coinbase's expansion into perpetual futures demonstrates its determination to cater to growing demand in the crypto derivatives market while upholding security and transparency standards.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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