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$500 Mln Enters Blockchain Gaming!
$500 Mln Enters Blockchain Gaming!

$500 Mln Enters Blockchain Gaming!

The blockchain-based gaming industry has shown significant growth in 2021. In just the first half of the year, almost $500 million in investments have found their way into the industry. For a niche that is still in its early phases of innovation, the hundreds of millions invested is a huge testament to the potential of the industry.

In the latest version of The Punters Pick, we consider the fundraising in the blockchain-based gaming industry and consider why investment has been finding its way into this niche. But before jumping into the fundraising breakdown, let’s review the development updates from the past week.

CryptoPunt Development Roundup

Over the past week, we have made notable progress on both the Blackjack game and the upcoming $PUN airdrop. The Blackjack game design and overall framework has been significantly improved while further development tasks for the game have been identified for the following week. In terms of the airdrop, everything is in place for the pre-alpha drop. The pre-alpha drop will help us perfect the airdrop contract for the mainnet drop.

Blackjack Development and Frontend Refinement:

  • The Blackjack lobby has improved along with broader refinements to the overall frontend 🃏
  • The chat module continues to be developed and is close to release 💬

  • We completed flow for multi-player Blackjack games to account for functions such as turns, dealing, and multiplayer interaction ⛹️

Context: Blackjack Diagram

Over the next week, we will continue improving the Blackjack game and we have identified some adjustments to be made on the frontend 🌐

  • There will also be some integrations made between the backend processes and frontend design of the Blackjack game over the next week ⛓
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Alex

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From scaling up businesses from scratch to launching online products, and from balancing client relationship to being a reliable face for the organization, Alex is everything a new-age startup needs. CryptoPunt is delighted to have Alex as its strategic director & CEO!

Dan

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The role of a technology officer in a tech startup can’t be stressed enough! Fortunately the person handling security, cryptography & maintenance at CryptoPunt is none other than Dan Krusto. Dan has been working on Blockchain, Smart contracts & Ethereum development way before they became mainstream! We’re sure his past experience in the field would be beneficial for Cryptopunt & its users alike.

Sam

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Gone are the days when Blockchain based gaming was analogous to clunky UI & UX. With Sam honing the creative side of CryptoPunt, her past experience in Fortune 500 companies & startups is bound to match and exceed the GenZ gamers’ expectations!

KVESTOR

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KVESTOR has always been a visionary and it’s illustrated by the fact that they began accepting Bitcoins way back in 2012! Possessing a bulls-eye intuition for spotting future trends, KVESTOR founded VYSYN ventures in 2015 which since then has been at the forefront of disruptive Blockchain projects. CryptoPunt is looking forward to their valuable mentorship in the future.

Tone

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Tone is someone who has experienced IT world in its entire length & breadth. From working with Salesforce as a developer and consultant, to taking a dive in online poker websites business and then finally shifting full time to cryptocurrency industry in 2017, few people would be having a diverse career as him. Navigating the seas of crypto gaming market would be cakewalk with Tone at the helm!