press releases Archive

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.

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

OptionBlitz Leverages Ethereum Layer 2 Protocol Arbitrum

OptionBlitz Leverages Ethereum Layer 2 Protocol Arbitrum to Pioneer Zero-Day Options & Social Trading Platform

Press Release: Decentralized social trading platform OptionBlitz is pioneering multiple cutting-edge trading options as the company gears up for BLX token sale on February 28th, 2023. 

London, UK — In January 2023, decentralized options and social trading platform OptionBlitz, launched its community networks. The platform is now poised for a February deployment into Ethereum Layer protocol Arbitrum, to offer unique trading options like ‘zero-day’, and ‘Turbo’. OptionBlitz will also run a 2-stage (BLX) token presale from February 28th to March 28th, 2023.

What is OptionBlitz? 

OptionBlitz is a decentralized, enterprise-grade options and social trading platform – powered by Ethereum Layer 2 protocol, Arbitrum. The Arbitrum Protocol underpins all of the platform’s trading options including Zero-day, Barrier, American/European options, and the world’s first DeFi Perpetual option, known as ‘Turbo’. 

Zero-day Options and More

The OptionBlitz platform offers a multitude of cutting-edge trading options, unique features, and over 22 different trading pairs. Zero-day options are one of the fastest-growing trends in the financial markets and one of the pillars of the OptionBlitz platform. Zero-day options expire the same day that they are purchased, allowing traders to take advantage of ultra short-term trades, which they can enter & exit almost instantaneously. 

The OptionBlitz platform also features various American & European options with maturities from 24h down to as low as 10 seconds, allowing for highly-customizable trading control. The liquidity Provider program is another great feature that offers traders excellent returns, boosted by up to +50% when USDC capital is staked with the platform’s native BLX token. 

What About Perpetual Turbo?

OptionBlitz is currently the only platform that offers Perpetual Turbo Options. Turbos are an exciting new form of derivative which are like a cross between a perpetual futures contract and an option. Instead of paying margin, the trader pays an initial outlay depending on the leverage selected. Turbos have different characteristics to other perpetuals, including: 

  • 1:200 Leverage
  • No Margin
  • No expiration
  • Fixed 0.1% TX Fee
  • 0% Slippage

No margin means no margin calls, so highly volatile markets can be supported even with high leverage. A Turbo is liquidated by the risk engine if its barrier level is touched, the barrier level is set according to the leverage selected and it moves according to a funding rate mechanism.

Social Trading & BLX Token Economy

OptionBlitz has integrated numerous features to promote community growth through social trading. The platform uses a Web 3.0-enabled in-app chat, deep social sentiment analytics, free trading signals, and indicators — all built around the platform’s BLX token economy and incentive model. Deep integration with affiliate networks offers traders an opportunity to build their own brand with verifiable on-chain proof of trade delivered through the OptionBlitz social hub.

More Reasons to Use OptionBlitz

Besides the unique perpetual turbo and Zero-day options, there are many other reasons to start trading on OptionBlitz. For example, the platform uses advanced risk management systems to keep liquidity secure & maintain product pricing in line with the market. 

The platform’s native BLX token also gives traders huge discounts on fees, boosts liquidity provider rewards, and unlocks exclusive features. And if that wasn’t enough, traders do not have to worry about onboarding, lengthy sign-up processes, or even KYC. 

The Future of DeFi Options 

OptionBlitz is intent on becoming the most popular decentralized trading platform for options, leveraged trading, and investing. The platform is already on the way to achieving this and is soon to introduce decentralized managed funds and robo funds to supercharge their trading community. 

OptionBlitz will also bring unique, freely transferable, unrestricted, tokenized stocks to the blockchain and turn the platform into a fully featured investment hub. It will also Integrate with other DeFi partners committed to a transparent, open, and censorship-resistant future. 

BLX Token Sale

OptionBlitz is launching a two-stage BLX token presale from 28th February to 28th of March 2023. The token pricing for stage one is 0.1 USDC/BLX. Pricing for stage two will start at 0.1 USDC/BLX, rising to 0.41 USDC/BLX should the sale sell out. 

The BLX Token has been audited by award-winning company Shellboxes and will initially launch on Uniswap. The company has also established agreements in principle that will see the BLX token listed on Bitmart, Lbank and Probit exchanges respectively.

OptionBlitz Socials

Twitter | Telegram | Medium | Discord | Reddit

Media Contact Details

Contact Name: Artemis

Contact Email: info@optionblitz.co 

OptionBlitz 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