Uncategorized Archive

sportsbet 10 billion

Sportsbet.io Celebrates 10 Billion USD of Bets

Press Release: Fan favorite crypto-led sports betting site, Sortsbet.io is celebrating a remarkable milestone after accepting 10 billion USDT worth of bets since its launch eight years ago.

September 19, 2024 —  It’s been an incredible journey for Sportsbet.io, which took its first wager during the European Championships in 2016. Along the way, players have won everything from lambos to the biggest online slots jackpot in history.

Sports Ambassadors

Sportsbet.io has also built an impressive team of ambassadors, like Aussie cricket legend Brett Lee, Nigerian football great Nwankwo Kanu and superstar Kenyan rapper King Kaka, and partnered with some of the biggest football clubs in the world, including Arsenal, Newcastle United, Watford, Southampton and São Paulo.

Alex Haig, Director at Sportsbet.io, stated: 

“When we launched Sportsbet.io eight years ago, we could never have imagined that our incredible players would go on to wager 10 billion USDT with us. It’s an absolute honor that they trusted us to take these bets, and on many, many occasions, pay out their wins,”

“We’ve always focused on giving our players a fun, fast and fair time. That means the best selection of matches and casino titles, the fastest withdrawals in the game, and rolling out the red carpet even to those who manage to win big. Here’s to the next 10 billion!”

Free Bet Drop  

To mark the 10 billionth dollar bet, Sportsbet.io is launching its biggest ever free bet drop to players. To see how to get your hands on a free bet, check out the promotion here.

Millions of players are already choosing Sportsbet.io, creating countless magic moments, like the time a player won a multi-bet at odds of almost 200,000, or the 2,940,835.31 USDT payout received instantly by one lucky punter. Players can now receive winnings instantly, with our zero-second automatic crypto withdrawals.

It’s all about offering fun, fast and fair betting and putting players at the center of the universe. 

Want to see more from Sportsbet.io? We’re supporting the epic journey of Japanese YouTuber @pltalkshowjp as he cycles around England visiting all 20 Premier League stadiums. Watch the action here

Media Contact Details 

Contact Name: Claudia Lama

Contact Emailpress@yolo.io       

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. 

three new ambassadors join sporstbet to boos global audience

Three New Ambassadors Join Sportsbet.io to Boost Global Audience

Sportsbet.io, the world’s leading crypto sports betting operator, has signed three new ambassadors to its’ Join the Crypto Experience’ program.
Source: Bitcoinprbuzz.com

August 21, 2024 — Sportsbet.io has announced the signing of three new company ambassadors, Enokay, Essel, and JamieleeKing (Crypto Girl) that boast a combined following of over 1 million people.

Enokay is one of the world’s foremost sports betting authorities, with more than half a million followers. He’s worked on high-profile campaigns with major brands, and takes his first step into the world of crypto betting by teaming up with Sportsbet.io.

Next up is Essel, a football and sports betting lover with a huge audience of more than 300,000, who follow him for his expert insights, particularly during major football tournaments like the World Cup and AFCON. He’ll be working closely with Sportsbet.io during the coming season.

And finally JamieleeKing, also known as Crypto Girl, is a content creator, digital marketer and crypto enthusiast with tens of thousands of followers across TikTok, Instagram and YouTube. She’ll now be delving into crypto sports betting for the first time, introducing her audience to new opportunities in the space with Sportsbet.io.

Why have Enokay, Essel and JamieleeKing chosen Sportsbet.io? Quite simply because no other sportsbook puts their customers at the center of the universe in the same way.

It’s why Sportsbet.io is trusted by bettors around the world. Unlike fiat currency betting sites, with Sportsbet.io you can withdraw your winnings in a matter of seconds, even if you’ve managed to land a major bet. To help bring news of Sportsbet.io to more people, the ‘Join the Crypto Experience’ program was launched last year.

It offers the chance for ambassadors to spread the word on behalf of Sportsbet.io. Among the early adoptees were some of the biggest names in music and sport like King Kaka and Nwankwo Kanu. With Enokay, Essel and JamieleeKing now onboard, Sportsbet.io is calling for others to join the team. If you have what it takes, find out more here.

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 recognised 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 sportsbet.io.

 

Media Contact Details 

Contact Name: Claudia Lama

Contact Email: press@yolo.io

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.

Three New Ambassadors Join Sportsbet.io to Boost Global Audience

Sportsbet.io, the world’s leading crypto sports betting operator, has signed three new ambassadors to its’ Join the Crypto Experience’ program.
Source: Bitcoinprbuzz.com

August 21, 2024 — Sportsbet.io has announced the signing of three new company ambassadors, Enokay, Essel, and JamieleeKing (Crypto Girl) that boast a combined following of over 1 million people.

Enokay is one of the world’s foremost sports betting authorities, with more than half a million followers. He’s worked on high-profile campaigns with major brands, and takes his first step into the world of crypto betting by teaming up with Sportsbet.io.

Next up is Essel, a football and sports betting lover with a huge audience of more than 300,000, who follow him for his expert insights, particularly during major football tournaments like the World Cup and AFCON. He’ll be working closely with Sportsbet.io during the coming season.

And finally JamieleeKing, also known as Crypto Girl, is a content creator, digital marketer and crypto enthusiast with tens of thousands of followers across TikTok, Instagram and YouTube. She’ll now be delving into crypto sports betting for the first time, introducing her audience to new opportunities in the space with Sportsbet.io.

Why have Enokay, Essel and JamieleeKing chosen Sportsbet.io? Quite simply because no other sportsbook puts their customers at the center of the universe in the same way.

It’s why Sportsbet.io is trusted by bettors around the world. Unlike fiat currency betting sites, with Sportsbet.io you can withdraw your winnings in a matter of seconds, even if you’ve managed to land a major bet. To help bring news of Sportsbet.io to more people, the ‘Join the Crypto Experience’ program was launched last year.

It offers the chance for ambassadors to spread the word on behalf of Sportsbet.io. Among the early adoptees were some of the biggest names in music and sport like King Kaka and Nwankwo Kanu. With Enokay, Essel and JamieleeKing now onboard, Sportsbet.io is calling for others to join the team. If you have what it takes, find out more here.

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 recognised 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 sportsbet.io.

 

Media Contact Details 

Contact Name: Claudia Lama

Contact Email: press@yolo.io

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.

Source: thinkbitcoins

Sportsbet.io-Agree-Principal-Partnership-with-Hull-City

Sportsbet.io Agree Principal Partnership with Hull City

Press Release: Sportsbet.io are delighted to announce their partnership with Hull City, back-of-shorts sponsor and official Turkish betting partner.

August 8, 2024 — Sportsbet.io has agreed a two-year deal with EFL Championship football team Hull City FC. Sportsbet is one of the world’s leading sportsbook operators and online sports betting platforms and this new deal will see the company branding on the new first-team shorts of our home, away, and third kits.

Alexander Haig, Director of Sportsbook.io, is excited to join forces with the Hull City family, seeing this partnership as an exceptional opportunity. He said that:

 “As a digital pioneer, Sportsbet.io shares Hull City’s passion for exploring innovative ways to engage with supporters and sports fans alike in Türkiye.”

Established in 2016 as part of Yolo Group, Sportsbet.io is an established digital innovator with sportsbook, casino and a virtual sports offering with a commitment to enjoyable and responsible gambling.

Claire Burton, Sportsbet.io Partnership Manager, stated:

“This is a significant partnership with a reputable brand that again illustrates the increasing profile of Hull City in Türkiye and overseas.Working across football, the group take their responsibility to educate communities and highlight the importance of safe betting incredibly seriously, and I have no doubt this work will be evident in Hull throughout the partnership.

“Sportsbet.io’s growing player numbers in Türkiye make this the perfect match and we are looking forward to working with them, to the benefit of both parties, over the next two seasons.”

For more information and to see a number of free promotions, please visit http://www.sportsbet.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.

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 streaming across all major sports, as well as a cash out function, Sportsbet.io is recognised 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 around 1.5 minutes among the fastest in the industry.

About Hull City
Founded in 1904, Hull City Association Football Club is a professional football club based in Hull, East Yorkshire, England. The Tigers compete in the Sky Bet Championship, the second tier of English football, and achieved promotion to the top flight for the first time during the 2007/08 season. We recorded our highest league finish of 16th in the Premier League during the 2013/14 campaign, when we also reached our first FA Cup final. The club moved from Boothferry Park to the MKM Stadium in 2002 and has been under the ownership of Turkish businessman Acun Ilıcalı since January 2022.

Media Contact Details 

Contact Name: Claudia Lama

Contact Email: press@yolo.io       

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. 

BossOlamilekan, Okunola Temi and Mr BeeCroft sign for Sportsbet.io

BossOlamilekan, Okunola Temi and Mr BeeCroft sign for Sportsbet.io

Source: Bitcoinprbuzz.com

Press Release: Sportsbet.io have signed 3 new ambassadors for their growing Crypto Experience program.

July 22, 2024 — Leading crypto sportsbook Sportsbet.io has announced its first business of the summer transfer window, signing three new ambassadors including the hugely popular tipster BossOlamilekan.

BossOlamilekan runs one of the most respected football tipping accounts around, across both Telegram and X, where he has more than one million followers. In one memorable post during the recent Euro 2024, he correctly predicted the precise result in three matches (Georgia 1 Czechia 1; Turkey 0 Portugal 3; Belgium 2 Romania 0). The bet paid out at odds of more than 650-1, and the post was viewed more than 34 million times.

Also joining Sportsbet.io as ambassadors are Okunola Temi and MrBeeCroft. Temi is an airdrop and DeFi enthusiast, who also enjoys placing bets on tennis. MrBeeCroft is a betting influencer, professional pundit and sports analyst.

All three join Sportsbet.io via the ‘Join the Crypto Experience’ ambassador programme, which launched last year and gives natural-born networks the chance to earn financial independence and VIP access to special events by working alongside Sportsbet.io.

The programme has expanded quickly over recent months, already attracting big names from the worlds of music and sport, like King Kaka and Nwankwo Kanu.

And even better, it is open for new applications. If you’d like to join the party, visit to find out more here

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 recognised 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 please visit Sportsbet.io.

Media Contact Details

Contact Name: Claudia Lama

Contact Email: press@yolo.io       

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. 

BossOlamilekan, Okunola Temi and Mr BeeCroft sign for Sportsbet.io

Source: Bitcoinprbuzz.com

Press Release: Sportsbet.io have signed 3 new ambassadors for their growing Crypto Experience program.

July 22, 2024 — Leading crypto sportsbook Sportsbet.io has announced its first business of the summer transfer window, signing three new ambassadors including the hugely popular tipster BossOlamilekan.

BossOlamilekan runs one of the most respected football tipping accounts around, across both Telegram and X, where he has more than one million followers. In one memorable post during the recent Euro 2024, he correctly predicted the precise result in three matches (Georgia 1 Czechia 1; Turkey 0 Portugal 3; Belgium 2 Romania 0). The bet paid out at odds of more than 650-1, and the post was viewed more than 34 million times.

Also joining Sportsbet.io as ambassadors are Okunola Temi and MrBeeCroft. Temi is an airdrop and DeFi enthusiast, who also enjoys placing bets on tennis. MrBeeCroft is a betting influencer, professional pundit and sports analyst.

All three join Sportsbet.io via the ‘Join the Crypto Experience’ ambassador programme, which launched last year and gives natural-born networks the chance to earn financial independence and VIP access to special events by working alongside Sportsbet.io.

The programme has expanded quickly over recent months, already attracting big names from the worlds of music and sport, like King Kaka and Nwankwo Kanu.

And even better, it is open for new applications. If you’d like to join the party, visit to find out more here

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 recognised 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 please visit Sportsbet.io.

Media Contact Details

Contact Name: Claudia Lama

Contact Email: press@yolo.io       

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. 

Source: thinkbitcoins

Registration Now Open for Gate.io WCTC S6 Competition, Offers Up To $5 Million in Prize

Registration Now Open for Gate.io WCTC S6 Competition, Offers Up To $5 Million in Prizes

Source: Bitcoinprbuzz.com

Press Release: Registration is now live for the Gate.io WCTC S6 trading competition, offering a prize of up to $5 Million to all participants.

July 9th, Panama – Gate.io, the world’s leading cryptocurrency exchange, is excited to announce the launch of its World Crypto Trading Competition Season 6 (WCTC S6). Users can now register for their spots in the competition. This highly anticipated event arrives just in time for summer 2024, bringing together the world’s best traders in a fun and competitive atmosphere. With a prize pool of up to $5 million, WCTC S6 is set to attract traders of all experience levels.

Two Chances to WIn

WCTC S6 features two main competitions: the team competition and the 1v1 Battle Blitz. The team competition will share 70% of the total prize pool, while the 1v1 Championship, designed for individual traders, allows everyone to win prizes. There are also five levels of lucky bags to collect. Apart from the main competitions, participants can join campaigns such as the Gift Bonanza and Live Lucky Draws, where a variety of prizes, including Apple products, will be given away for free! The Championship Trophy is up for grabs for those competing in the team competition or the 1v1 Battle Blitz.

The prize pool for the competition will expand based on the number of participants; the more users who join, the larger the prize pool will be. The final size of the prize pool will be determined by the number of valid traders participating. So, by joining players can contribute to increasing the prize pool for everyone. Also, all players will benefit by inviting friends to join, which will ultimately increase the number of participants as well as the prize pool! 

Event Schedule

1. Early Bird Registration: 2024-07-09 00:00 to 2024-07-11 23:59 (UTC)

2. Official Registration: 2024-07-12 00:00 to 2024-08-12 23:59 (UTC)

3. Official Competition: 2024-07-19 00:00 to 2024-08-15 23:59 (UTC)

With all of the additional prizes available, participants won’t need to be one of the winners or rank high in competition to earn a reward, making this competition appealing to all trading skill levels. 

The Early Bird Registration stage is now open, while the official registration for the competition will remain open until August 12, 2024.  For more information, please visit the Gate.io WCTC S6 webpage.

Media Contact:

Contact Name: Elaine Wang

Contact Email: elaine.w@gate.io

Registration Now Open for Gate.io WCTC S6 Competition, Offers Up To $5 Million in Prizes

Source: Bitcoinprbuzz.com

Press Release: Registration is now live for the Gate.io WCTC S6 trading competition, offering a prize of up to $5 Million to all participants.

July 9th, Panama – Gate.io, the world’s leading cryptocurrency exchange, is excited to announce the launch of its World Crypto Trading Competition Season 6 (WCTC S6). Users can now register for their spots in the competition. This highly anticipated event arrives just in time for summer 2024, bringing together the world’s best traders in a fun and competitive atmosphere. With a prize pool of up to $5 million, WCTC S6 is set to attract traders of all experience levels.

Two Chances to WIn

WCTC S6 features two main competitions: the team competition and the 1v1 Battle Blitz. The team competition will share 70% of the total prize pool, while the 1v1 Championship, designed for individual traders, allows everyone to win prizes. There are also five levels of lucky bags to collect. Apart from the main competitions, participants can join campaigns such as the Gift Bonanza and Live Lucky Draws, where a variety of prizes, including Apple products, will be given away for free! The Championship Trophy is up for grabs for those competing in the team competition or the 1v1 Battle Blitz.

The prize pool for the competition will expand based on the number of participants; the more users who join, the larger the prize pool will be. The final size of the prize pool will be determined by the number of valid traders participating. So, by joining players can contribute to increasing the prize pool for everyone. Also, all players will benefit by inviting friends to join, which will ultimately increase the number of participants as well as the prize pool! 

Event Schedule

1. Early Bird Registration: 2024-07-09 00:00 to 2024-07-11 23:59 (UTC)

2. Official Registration: 2024-07-12 00:00 to 2024-08-12 23:59 (UTC)

3. Official Competition: 2024-07-19 00:00 to 2024-08-15 23:59 (UTC)

With all of the additional prizes available, participants won’t need to be one of the winners or rank high in competition to earn a reward, making this competition appealing to all trading skill levels. 

The Early Bird Registration stage is now open, while the official registration for the competition will remain open until August 12, 2024.  For more information, please visit the Gate.io WCTC S6 webpage.

Media Contact:

Contact Name: Elaine Wang

Contact Email: elaine.w@gate.io

Source: thinkbitcoins

Altcoinist: $1.5M Raised by Bitcoin.com Co-founder and ETH Dev to Revolutionize Creator Monetization

Altcoinist: $1.5M Raised by Bitcoin.com Co-founder and ETH Dev to Revolutionize Creator Monetization

Source: Bitcoinprbuzz.com

Press Release: Altcoinist is developing an on-chain subscription tool as a monetization solution for creator economies.

4 July, 2023, Dubai, UAE — Altcoinist, an on-chain gateway giving creators a new way to monetize and grow private communities, has successfully completed its pre-seed and initial seed round of financing, raising over $1.5M. Their Seed A round is led by EnigmaFund, a prominent venture capital firm known for its investments in web3 startups including SuperChain, Movement Labs, ATOR, Ready Games, Entangle Protocol, ZeroLend, and more.

On-Chain Solution For Creator Economies
Altcoinist aims to solve the broken monetization issue of the creator economy by introducing a seamless tool for creators to earn through forming private communities. Their solution leverages on-chain subscriptions for creators ensuring stable revenue streams while also facilitating automated revenue sharing between the creator and their community. This novel approach merges the proven monetization model of recurring payments with web3, while creators can enjoy increased earnings and retention within their community. 

Silur, Lead Developer at Altcoinist, emphasized the potential of Altcoinist: 

“Altcoinist is an interoperable tool creators can use to monetize that also acts as an engine fueling further growth, benefiting both the creator and their community, all powered by smart contract”

Backed By Experience

The core team at Altcoinist includes Christian Andsberg, Mate Tokay, Silur (Abraham Endre) and Konstantin Sebeo. Serial founders with impressive backgrounds in the web3 space. Mate founded Bitcoinist.com and co-founded Bitcoin.com, while Silur, a Forbes 30 under 30 honoree and Ethereum core developer, has delivered contributions to over 50 projects including Monero and Casper Labs. Their extensive experience includes building platforms that have onboarded over 40 million users to Web3.

Konstantin, Head of Research and Creator, stated:

“We’ve built a unique product empowering creators to set up their first business (a private community) in under a minute and start making on-chain recurring income. With us, everyone finally gets a fair chance at making a significant and sustainable living from value-based content”

Strong Early Interest

Altcoinist has already attracted dozens of creators supporting the project and garnered over 55 million organic impressions on Twitter/X this year. EnigmaFund’s involvement in Altcoinist’s Seed A round is a significant endorsement of their vision and potential. The fund is renowned for backing and advising projects that push the boundaries of blockchain technology: 

“Our investment and partnership will enable Altcoinist to accelerate its development and bring its innovative solutions to a wider audience”

In addition to EnigmaFund, Altcoinist has seen participation from other notable firms including AlphaCrypto Capital, Explore Capital, Crypto Society, MoonbootsDAO, and Excelsior.

Altcoinist is also supported by a distinguished group of backers and advisors, including Theodore Agranat (Advisor of Gunzilla Games, Movement Labs, Gaimin), Rich Robinson (Entrepreneur in Residence at Animoca Brands), Thomas McLeod (5x founder with exits to Coinbase, SurrealCMS, and Tencent), Aleksander Rendtslev (4x founder with ventures backed by a16z and General Catalyst), Austin Seiberlich (Advisor of Entangle, Superchain, Ready Games, ZeroLend), and Coco (Founder of TOSHI).

Altcoinist’s CEO, Christian Andsberg, expressed excitement about the partnership with EnigmaFund, stating: 

“We are thrilled to have EnigmaFund lead our round and join our advisory board. Their expertise and support will be invaluable as we’re paving the way for a more evolved creator economy.”

Future Outlook & Seed B Round 

Having designed a platform that enhances user value and ecosystem value as it scales, Altcoinist is poised to become a key player in the creator economy as they grow. Their unique focus on simple user deployment while abstracting the complexity of smart contracts sets them apart as a leader in the rapidly evolving space of web3. Altcoinist is now raising a follow-on Seed B round to aid their go-to-market efforts. The platform is built on Base chain, ensuring a robust and scalable EVM  infrastructure.

For more information about Altcoinist and its upcoming developments, follow them on x.com.

Media Contact

Contact Name: Christian Andsberg

Contact Email: info@altcoinist.com 

Altcoinist 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. 

Altcoinist: $1.5M Raised by Bitcoin.com Co-founder and ETH Dev to Revolutionize Creator Monetization

Source: Bitcoinprbuzz.com

Press Release: Altcoinist is developing an on-chain subscription tool as a monetization solution for creator economies.

4 July, 2023, Dubai, UAE — Altcoinist, an on-chain gateway giving creators a new way to monetize and grow private communities, has successfully completed its pre-seed and initial seed round of financing, raising over $1.5M. Their Seed A round is led by EnigmaFund, a prominent venture capital firm known for its investments in web3 startups including SuperChain, Movement Labs, ATOR, Ready Games, Entangle Protocol, ZeroLend, and more.

On-Chain Solution For Creator Economies
Altcoinist aims to solve the broken monetization issue of the creator economy by introducing a seamless tool for creators to earn through forming private communities. Their solution leverages on-chain subscriptions for creators ensuring stable revenue streams while also facilitating automated revenue sharing between the creator and their community. This novel approach merges the proven monetization model of recurring payments with web3, while creators can enjoy increased earnings and retention within their community. 

Silur, Lead Developer at Altcoinist, emphasized the potential of Altcoinist: 

“Altcoinist is an interoperable tool creators can use to monetize that also acts as an engine fueling further growth, benefiting both the creator and their community, all powered by smart contract”

Backed By Experience

The core team at Altcoinist includes Christian Andsberg, Mate Tokay, Silur (Abraham Endre) and Konstantin Sebeo. Serial founders with impressive backgrounds in the web3 space. Mate founded Bitcoinist.com and co-founded Bitcoin.com, while Silur, a Forbes 30 under 30 honoree and Ethereum core developer, has delivered contributions to over 50 projects including Monero and Casper Labs. Their extensive experience includes building platforms that have onboarded over 40 million users to Web3.

Konstantin, Head of Research and Creator, stated:

“We’ve built a unique product empowering creators to set up their first business (a private community) in under a minute and start making on-chain recurring income. With us, everyone finally gets a fair chance at making a significant and sustainable living from value-based content”

Strong Early Interest

Altcoinist has already attracted dozens of creators supporting the project and garnered over 55 million organic impressions on Twitter/X this year. EnigmaFund’s involvement in Altcoinist’s Seed A round is a significant endorsement of their vision and potential. The fund is renowned for backing and advising projects that push the boundaries of blockchain technology: 

“Our investment and partnership will enable Altcoinist to accelerate its development and bring its innovative solutions to a wider audience”

In addition to EnigmaFund, Altcoinist has seen participation from other notable firms including AlphaCrypto Capital, Explore Capital, Crypto Society, MoonbootsDAO, and Excelsior.

Altcoinist is also supported by a distinguished group of backers and advisors, including Theodore Agranat (Advisor of Gunzilla Games, Movement Labs, Gaimin), Rich Robinson (Entrepreneur in Residence at Animoca Brands), Thomas McLeod (5x founder with exits to Coinbase, SurrealCMS, and Tencent), Aleksander Rendtslev (4x founder with ventures backed by a16z and General Catalyst), Austin Seiberlich (Advisor of Entangle, Superchain, Ready Games, ZeroLend), and Coco (Founder of TOSHI).

Altcoinist’s CEO, Christian Andsberg, expressed excitement about the partnership with EnigmaFund, stating: 

“We are thrilled to have EnigmaFund lead our round and join our advisory board. Their expertise and support will be invaluable as we’re paving the way for a more evolved creator economy.”

Future Outlook & Seed B Round 

Having designed a platform that enhances user value and ecosystem value as it scales, Altcoinist is poised to become a key player in the creator economy as they grow. Their unique focus on simple user deployment while abstracting the complexity of smart contracts sets them apart as a leader in the rapidly evolving space of web3. Altcoinist is now raising a follow-on Seed B round to aid their go-to-market efforts. The platform is built on Base chain, ensuring a robust and scalable EVM  infrastructure.

For more information about Altcoinist and its upcoming developments, follow them on x.com.

Media Contact

Contact Name: Christian Andsberg

Contact Email: info@altcoinist.com 

Altcoinist 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. 

Source: thinkbitcoins