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yolo investments 8 million

Yolo Investments Backs TON in Widespread $8m Investment

Press Release: Yolo Investments has announced an $8 million pledge into TON start-ups, and support for crypto education portal.

Yolo Investments, the venture capital firm focused on gaming, fintech, blockchain, and emerging technologies, has joined The Open Network (TON) with an $8M USD investment both in Toncoin and across the TON ecosystem.

TON Backing and Partnership 

Yolo Investments has invested in several TON start-ups, including Tonstarter, Fanton and PlayDeck (formerly known as Ton Play). The partnership will also see the TON Foundation and Yolo Investments supporting the growth of learncrypto.com, an established leading crypto education portal, which will also include new content focused on TON.

Justin Hyun, Director of Growth at TON Foundation stated:  

“We are excited to have Yolo Investments join TON with all-around support for the ecosystem. Yolo Investments have demonstrated commitment to the ecosystem by investing in various projects. We believe that their thesis of crypto mass adoption via Telegram, specifically gaming, aligns with our go-to-market strategy. We look forward to working with Yolo Investments to bring crypto to the masses via platforms such as LearnCrypto.com and @wallet – the native crypto wallet inside telegram.”

900 Million Monthly Users

Yolo Investments was drawn to TON because of its user-centric focus and mission to provide 500 million people with access to digital assets by 2028. While other blockchains have tended to build before finding a user base, TON has added significant value to Telegram’s already large cohort of users, which recently topped 900 million monthly active users. The success of @wallet supports Yolo Investment’s thesis that bringing crypto products to users instead of the reverse, is the best way to mainstream the technology.

Tim Heath, GP at Yolo Investments, commented on the investment, stating:

“We’ve long supported TON’s mission to build a truly decentralized, open-source future, and we’re now putting our money where our mouth is. But beyond our significant investment, we’re also committed to a deep collaboration, drawing upon our years of experience in this space, to help TON further develop the web3 SuperApp that’s already changing how people spend, save, and play.

With over 1 million sign-ups in a matter of weeks, @whale, one of our portfolio companies, which has become a superbot on telegram, has quickly grown to have over 15,000 daily active players within the TON ecosystem. This is a perfect example which exemplifies Yolo Investment’s shared vision for a vibrant Web3 ecosystem, where gaming and digital ownership converge successfully in Telegram.”

The collaboration between Yolo Investments, (with assets under management exceeding €620 million) and the TON Foundation marks a significant opportunity to begin a new era of innovation and accessibility between The Open Network and Yolo Investment’s portfolio of forward-thinking companies.

About Yolo Investments

Yolo Investments is a venture capital firm focused on seed and A-stage investment opportunities across the gaming, crypto and fintech sectors. Having successfully matured its first Fund I, vintage 2018, Yolo Investments, which is regulated by the Guernsey FSC, has recently launched its second €100m Fund II, with its continued thesis to invest in emerging, disruptive technologies, led by outstanding people with bright ideas focused on innovation and disrupting the industry norms.

For more information, please visit: https://yolo.io

About The Open Network

The Open Network (TON) is a global, decentralized blockchain community focused on putting crypto in every pocket. By building the Web3 ecosystem in Telegram Messenger, TON’s vision is to empower 500 million users to own their digital identity, data, and assets by 2028. Learn more at https://ton.org.

Media Contact Details

Contact Name: Claudia Lama

Contact Emailpress@yolo.io       

Yolo Investments is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Sportsbet.io and eVulpa Announce Strategic Partnership with FIBA West Asia Super League – WASL

Sportsbet.io and eVulpa Announce Strategic Partnership with FIBA West Asia Super League – WASL

Press Release – Sportsbet.io has branched out into basketball with strategic partnership alongside eVulpa and WASL.

eVulpa, the exclusive commercial partner for FIBA WASL (West Asia Super League), has joined forces with Sportsbet.io, the leading online sports betting platform, announcing a strategic partnership with FIBA WASL as the current season continues in full swing. The strategic partnership aims to revolutionize the sports and basketball ecosystem in the West Asia region.

Following the announcement, Alex Haig, Director at Sportsbet.io, said: 

“We are thrilled to partner with FIBA WASL, one of the most exciting and fastest-growing basketball leagues in the world. This partnership reflects our commitment to supporting the growth and development of basketball in the region, as well as providing our customers with a fun, fast and fair gaming experience on matches. We look forward to showcasing our brand to millions of basketball fans across West Asia and beyond.”

FIBA West Asia Super League

The FIBA West Asia Super League was announced in 2022 by FIBA. The league is currently immersed in its second season, which is set to continue its exciting journey until June 2024. Featuring a total of eighteen elite professional clubs hailing from fourteen countries across West Asia, the Gulf region, India and Kazakhstan, the competition unfolds on a weekly basis during the WASL Sub-Zones Group Stage.

Mr. Marwan Hayek, Chairman of eVulpa, commented, stating: 

“We are delighted to announce our strategic partnership with Sportsbet.io and to have them as one of our prestigious partners. It is a confirmation of FIBA WASL’s tremendous potential that goes beyond the West Asia region and is a result of eVulpa’s efforts since the inception of the League. Sportsbet.io will have access to a multitude of features including the presence on 12 different basketball arenas of the region where elite Clubs come to challenge each other in a home and away system for the first time in Asia”.

Following the rigorous group stage, the Final Eight phase will determine the top two clubs that will qualify to compete in the FIBA Asia Champions Cup 2023, ultimately leading to a place at the Intercontinental Cup.

About eVulpa

UAE based, eVulpa is the leading sports marketing agency in the region. It believes in the power of digitalization of entertainment and sports activities as a need for a new approach in the digital sports industry. It engages all segments of a society by offering access to various sports activities with the aim of creating positive social impact and economic growth.

eVulpa has been appointed as the advisory agency to exploit all commercial rights and promote the FIBA West Asia Super League (WASL), a new league created by FIBA, the International Basketball Federation, for the elite professional clubs in West Asia, Gulf, India and Kazakhstan. eVulpa’s portfolio spans to Football (La Liga VLED exclusive partner in MENA), English Premier League and other major sports.

About Sportsbet.io

Founded in 2016 as part of Yolo Group, Sportsbet.io is the leading crypto sportsbook. Sportsbet.io has redefined the online betting space by combining cutting-edge technology, with cryptocurrency expertise and a passion for offering its players with the ultimate fun, fast and fair gaming experience.

Principal sponsors of English football team, Southampton FC and a club partner of Premier League team Newcastle, Sportsbet.io provides an expansive range of betting action across all major sports and eSports, offering players more than 350,000 pre-match events per year and comprehensive in-play content. As the first crypto sportsbook to introduce a cash out function, Sportsbet.io is recognized as a leader in both online sports betting and within the crypto community.

In December 2023, a lucky Sportsbet.io won the biggest ever online slots jackpot while playing on the site, turning a $50 spin into a prize of more than $42 million. Sportsbet.io prides itself on its secure and trustworthy betting service, with withdrawal times of less than 90 seconds,  among the fastest in the industry.

For more information about Sportsbet.io, please visit https://sportsbet.io.

Contact Name: Claudia Lama

Contact Emailpress@yolo.com  

Sportsbet.io is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Major Crypto Personalities Join Sportsbet.io

Major Crypto Personalities Join Sportsbet.io

Press Release: Three web3 experts become ambassadors for the leading sportsbook in latest batch of signings to ‘Join the crypto experience’

Sportsbet.io’s ‘Join the crypto experience’ ambassador program has secured the services of three of the biggest names in blockchain, as well as a notable sports journalist, as word about the benefits of choosing crypto continues to spread.

Heading up the latest round of inductees to the flagship scheme is Dehkunle, known on X as Dehkunle of Africa, who shares his smart takes on the crypto world to more than half a million followers. Dehkunle aims to make financial technology accessible to everyone, and has a knack for teaching and guiding newcomers to the space, making him an ideal partner for Sportsbet.io.

Next up is Teddi Speaks, a seasoned crypto expert, angel investor and contributor at NFT NG. His investments in NFTs, coins and other crypto assets are followed by a dedicated community. He says that joining Team Sportsbet.io is the smartest bet there is.

Meanwhile, Athur N. Nyakundi, known on X as Pio Gama Pundo, is a marketing professional, crypto enthusiast and sports fan, with a strong track record of engaging his followers. For Athur, Sportsbet.io brings together two of his greatest passions, making it the perfect fit.

These three crypto personalities are also joined by Nelson, most widely known for his ‘The Score is 254’ community which brings together sports fans from around the world. The Kenya-based digital journalist delves deep into sport, covering matches and players with unmatched insight.

Dehkunle, Teddi, Arthur and Nelson are the latest natural-born networkers to ‘Join the crypto experience’ with Sportsbet.io, where they will attend exclusive events and share news and promos with their communities. Since launching last year, the program has also attracted the likes of Cassper Nyovest, King Kaka, Nwankwo Kanu and others, as Sportsbet.io builds an international team of ambassadors.

Could you be next? If you’re a good fit, please visit:  https://jointhecryptoexperience.io/.

About Sportsbet.io

Founded in 2016 as part of Yolo Group, Sportsbet.io is the leading crypto sportsbook. Sportsbet.io has redefined the online betting space by combining cutting-edge technology, with cryptocurrency expertise and a passion for offering its players with the ultimate fun, fast and fair gaming experience.

Principal sponsors of English football team, Southampton FC and a club partner of Premier League team Newcastle United, Sportsbet.io provides an expansive range of betting action across all major sports and eSports, offering players more than 350,000 pre-match events per year and comprehensive in-play content.

As the first crypto sportsbook to introduce a cash out function, Sportsbet.io is recognized as a leader in both online sports betting and within the crypto community. In December 2023, a lucky Sportsbet.io won the biggest ever online slots jackpot while playing on the site, turning a $50 spin into a prize of more than $42 million.

Sportsbet.io prides itself on its secure and trustworthy betting service, with withdrawal times of less than 90 seconds,  among the fastest in the industry.

For more information about Sportsbet.io, please visit https://sportsbet.io.

Media Contact Details

Contact Name: Claudia Lama

Contact Email: press@yolo.com  

Sportsbet.io is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Introducing ada.cards - no-KYC Debit Cards enter the Cardano Ecosystem

Introducing ada.cards – no-KYC Debit Cards enter the Cardano Ecosystem

In the ever-expanding Cardano Ecosystem, ada.cards emerges as a beacon of privacy and innovation. Despite market fluctuations, Cardano’s Total Value Locked (TVL) has reached unprecedented heights, signaling a robust DeFi landscape that is ripe for exploration. Developed since mid-2023, ada.cards is the brainchild of a dedicated team committed to ushering in a new era of financial freedom within the Cardano community.

What sets ada.cards apart? 

It is its steadfast commitment to privacy. Unlike traditional banking systems that rely on intrusive Know Your Customer (KYC) protocols, ada.cards offers a no-KYC debit card solution, aligning perfectly with the principles of decentralization. By sidestepping invasive identity verification processes, users can transact securely and anonymously, shielding their financial activities from unwanted scrutiny.

The advantages of ada.cards extend beyond privacy

With instant wallet connection and seamless integration into everyday transactions, users enjoy unparalleled convenience. Whether virtual, physical, or metal cards, ada.cards offers three distinct card options tailored to meet the diverse needs of global users. While traditional bank transfers are not supported due to regulatory requirements, ada.cards empowers users to shop, withdraw cash from ATMs, and engage in p2p-transactions with ease.

To celebrate the platform’s launch, ada.cards presents an exclusive NFT sale

Offering only 400 virtual cards for minting. Priced at 80 ADA each, these NFTs not only grant early access to the virtual card upon launch but also entitle holders to a share of ACD tokens valued at 160 ADA each, through an airdrop initiative. Scheduled for March 15th, the NFT sale promises to be a landmark event, underscoring ada.cards’ commitment to community engagement and growth. Mark your calendars and check the minting page at JPG.store

In conclusion, ada.cards stands as a testament to the synergy between traditional finance and decentralized blockchain technology. With a focus on user privacy and accessibility, ada.cards invites you to join the movement towards financial sovereignty. Visit our website, follow us on Twitter, and become an early adopter of a platform that prioritizes your privacy and empowerment.

Website | X.com

Sportsbet.io’s ‘Crypto Experience’ Continues to Grow with New Round of Ambassadors Joining

Sportsbet.io’s ‘Crypto Experience’ Continues to Grow with New Round of Ambassadors Joining

Press Release: Sportsbet.io expands team of ambassadors with crypto trader, podcast hosts and more new additions ‘join the crypto experience’ with leading crypto sportsbook.

March 7, 2024, London, UK — A popular team of podcasters and a crypto trader are among the new ambassadors to join Sportsbet.io’s flagship program that is helping to spread the word about the benefits of choosing crypto when placing a bet. ‘Join the Crypto Experience’ welcomes natural-born networkers to join Team Sportsbet.io, where they can gain access to exclusive events and earn financial rewards.

KickOff Team Bring Football Expertise 

KickOff KE, a popular football podcast led by a dynamic team of pundits and analysts who dive into the latest action in the English Premier League and beyond, is the first of four new joiners. 

The hosts – Lawrence, Paul, Sean, Bleyle and Saruni – look forward to sharing their passion for the beautiful game with the Sportsbet.io community.

Crypto Traders Join the Experience

The latest intake also includes Timothy Mochware, a mining industry maverick with a knack for trading crypto and investing in stocks. His advocacy for entrepreneurship has made him an inspiration for his followers, and he’ll be sharing his passion for all things crypto in his new role at Sportsbet.io.

There’s also Chrishaland C Munyudzani, a passionate crypto trader known for his commitment to continuous learning and strategic trades. He embodies the spirit of a true crypto entrepreneur, making him a perfect match for Sportsbet.io.

Leading Tipster Brings New insight 

Meanwhile, Daily10__Odds, a popular tipster who provides insight into the best betting opportunities around, is the fourth of the new ambassadors. Their analysis will be a valuable asset to the Sportsbet.io team, with the  account being a must-follow for those looking to gain a deeper understanding of sports betting.

The new signings are the latest to ‘Join the crypto experience’ with Sportsbet.io, following in the footsteps of Cassper Nyovest, King Kaka, Nwankwo Kanu and others. To find out more or to apply for the program yourself, please visit: https://jointhecryptoexperience.io/.

About Sportsbet.io

Founded in 2016 as part of Yolo Group, Sportsbet.io is the leading crypto sportsbook. Sportsbet.io has redefined the online betting space by combining cutting-edge technology, with cryptocurrency expertise and a passion for offering its players with the ultimate fun, fast and fair gaming experience.

As the first crypto sportsbook to introduce a cash out function, Sportsbet.io is recognized as a leader in both online sports betting and within the crypto community. Sportsbet.io prides itself on its secure and trustworthy betting service, with withdrawal times of less than 90 seconds,  among the fastest in the industry.

Media Contact Details

Contact Name: Claudia Lama

Contact Email: press@yolo.com  

Sportsbet.io is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Sportsbet.io’s ‘Crypto Experience’ Continues to Grow with New Round of Ambassadors Joining

Sportsbet.io’s ‘Crypto Experience’ Continues to Grow with New Round of Ambassadors Joining

Press Release: Sportsbet.io expands team of ambassadors with crypto trader, podcast hosts and more new additions ‘join the crypto experience’ with leading crypto sportsbook.

March 7, 2024, London, UK — A popular team of podcasters and a crypto trader are among the new ambassadors to join Sportsbet.io’s flagship program that is helping to spread the word about the benefits of choosing crypto when placing a bet. ‘Join the Crypto Experience’ welcomes natural-born networkers to join Team Sportsbet.io, where they can gain access to exclusive events and earn financial rewards.

KickOff Team Bring Football Expertise 

KickOff KE, a popular football podcast led by a dynamic team of pundits and analysts who dive into the latest action in the English Premier League and beyond, is the first of four new joiners. 

The hosts – Lawrence, Paul, Sean, Bleyle and Saruni – look forward to sharing their passion for the beautiful game with the Sportsbet.io community.

Crypto Traders Join the Experience

The latest intake also includes Timothy Mochware, a mining industry maverick with a knack for trading crypto and investing in stocks. His advocacy for entrepreneurship has made him an inspiration for his followers, and he’ll be sharing his passion for all things crypto in his new role at Sportsbet.io.

There’s also Chrishaland C Munyudzani, a passionate crypto trader known for his commitment to continuous learning and strategic trades. He embodies the spirit of a true crypto entrepreneur, making him a perfect match for Sportsbet.io.

Leading Tipster Brings New insight 

Meanwhile, Daily10__Odds, a popular tipster who provides insight into the best betting opportunities around, is the fourth of the new ambassadors. Their analysis will be a valuable asset to the Sportsbet.io team, with the  account being a must-follow for those looking to gain a deeper understanding of sports betting.

The new signings are the latest to ‘Join the crypto experience’ with Sportsbet.io, following in the footsteps of Cassper Nyovest, King Kaka, Nwankwo Kanu and others. To find out more or to apply for the program yourself, please visit: https://jointhecryptoexperience.io/.

About Sportsbet.io

Founded in 2016 as part of Yolo Group, Sportsbet.io is the leading crypto sportsbook. Sportsbet.io has redefined the online betting space by combining cutting-edge technology, with cryptocurrency expertise and a passion for offering its players with the ultimate fun, fast and fair gaming experience.

As the first crypto sportsbook to introduce a cash out function, Sportsbet.io is recognized as a leader in both online sports betting and within the crypto community. Sportsbet.io prides itself on its secure and trustworthy betting service, with withdrawal times of less than 90 seconds,  among the fastest in the industry.

Media Contact Details

Contact Name: Claudia Lama

Contact Email: press@yolo.com  

Sportsbet.io is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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